Royal Panda Sports

Royal Panda Sportsbook

The Good

  • Licensed in Ontario
  • Dedicated iOS/Android Apps
  • Reputable global brand

The Bad

  • Limited banking options
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Juridistiction: Malta, Ontario

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Royal Panda Sportsbook Details

Min Deposit €/$10
Min Withdrawal €/$10
Cashout Time 1-5 business days
Cashout Limit €/$10,000 (Credit Cards) €/$50,000 (Trustly) per transaction
Download No
Royal Panda Sports Home Page
Overall Review of Caesars Sportsbook:

Royal Panda is an online casino and sportsbook legally available to all overage (19+) players in Ontario. The sportsbook section features over 25 sports and thousands of events every week.

The website’s minimalistic design goes hand-in-hand with easy navigation, letting you find desired markets in seconds. When it comes to betting options, the selection is vast. For instance, a typical NBA game can feature as many as 300 different wagers.

Live betting is available on almost every event, from major ones like basketball, hockey, football, soccer, and tennis to less popular ones like handball and squash. The odds are generally fair and provide low juice, but that heavily depends on the competition. Popular games will have odds of 1.91 on 50/50 markets, while some low-level leagues might feature odds of only 1.85 on each side.

The only visible downside to the Royal Panda sportsbook is a relatively poor selection of promotions. There is a nice welcome bonus and a recurring top-up bonus, but that’s it. Those that enjoy casino gaming don’t have to switch to another site, as the operator’s casino section features nearly 300 high-quality video slots and over 60 live dealer games.

Overall, Royal Panda seems to be a decent online gambling platform with all the tools necessary to compete in the Ontario market. Below are more details about its sports betting product.

Tom Wilson, Editor

 

Security and Fairness

Royal Panda is operated by Royal Panda Limited, a registered agent of iGaming Ontario. The sportsbook is licensed and registered by the Alcohol and Gaming Commission of Ontario, licence number OPIG1233814.

Royal Panda complies with the General Data Protection Regulation (GDPR) and handles and processes player data in the most secure way possible, using high-level encryption and other standard technologies.

Royal Panda Sportsbook Ontario Welcome Bonus

Royal Panda offers a standard 100% match deposit bonus for all new customers. The maximum bonus amount you can acquire from this promotion is $500.

To activate the bonus, complete a deposit of at least $10 and wager your deposit five times. You must wager this amount within seven days of making the deposit. Note that only wagers made on odds of 1.8 or higher contribute fully to wagering requirements. 

Other Promotions

When we conducted this review, Royal Panda only had one more promotion tied to its sports betting section. This is the 5% top-up bonus you can claim on every deposit. Once you make a deposit, you must wager it at least three times, after which you can claim the cash prize through the My Offers page.

Royal Panda does not have a loyalty program.

Player Feedback

Royal Panda launched in 2014 and quickly became a favourite among UK players. It has since expanded to other markets, entering Ontario in April 2022. For now, Ontario players don’t have any major complaints about the operator. Payments are processed fairly and on time; bonuses work according to the T&Cs, and the website runs smoothly.

Sports and Betting Markets

Royal Panda has you covered, regardless of whether you prefer popular competitions or want to explore niche sports. The betting section features over 25 sports, with the most market-filled ones being soccer, basketball, ice hockey, baseball, tennis, and football.

Other well-known sports with solid market selections include golf, volleyball, cricket, rugby, UFC/MMA, boxing, darts, handball, Formula 1, Aussie rules, and snooker. You can also find betting options for winter sports, motorsports, Gaelic sports, floorball, squash, table tennis, cycling, and chess. Esports betting is available as well.

As for the number of markets available for each event, it heavily depends on the event itself. Popular basketball, hockey, and soccer games will have hundreds of betting options, while some mid-level tennis matches, for instance, might only have a couple of dozen. Match betting, spread betting, and totals are available for every game these bets apply to, while the most popular events have real depth when it comes to props and futures.

Live Betting

Every time you enter the Royal Panda sportsbook, you’ll see the Live Right Now tab in the top left that will lead you to a list of all the events currently taking place. Live betting is available on basically every game, with at least a few dozen events live at any given moment.

Although live streaming is unavailable, the handy match tracker alongside pre-game and live statistics helps you gain more information about a given event.

Mobile Play

You can access your Royal Panda account on all modern smartphones and tablets. The operator has yet to develop an app, but the mobile site works just fine, mimicking its desktop counterpart’s clean design and excellent user experience.

Bottom Line

Royal Panda is a medium-sized operator trying to fight against the giants in the newly-opened Ontario market. For now, they are doing a good job thanks to a competitive selection of sports and markets as well as above-average odds for blockbuster events. The welcome bonus gives a nice bump to new customers, but that’s where the advantages of this sportsbook come to an end.

We think Royal Panda has great potential, but it must improve if it is to realize that potential fully. Adding things such as live streaming, a dedicated mobile app, an early cashout option, and more promotions will certainly help Royal Panda’s mission of becoming a top dog in Ontario.

FAQ

Yes, Royal Panda is licensed and regulated by the Alcohol and Gaming Commission of Ontario under licence OPIG1233814, making it fully legal in the province.

Does Royal Panda have a welcome bonus for sports betting?

Yes, all new customers in the Royal Panda sportsbook are eligible for a 100% first deposit bonus.

Which sports can I bet on in the Royal Panda sportsbook?

You can wager on over two dozen sports, including ice hockey, basketball, soccer, football, baseball, tennis, combat sports, and more.

Does Royal Panda have an app?

Royal Panda does not have a proprietary app, but it does allow its users to access their accounts and bet through a mobile browser.

Author:

Chief editor and creator, Tom drives the direction of CanadianCasinos.ca with the goal to provide the best and most honest resource for online gambling enthusiasts in Canada