50% Matched Free Bet up to NZ$50

Royal Panda Sportsbook Review

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Reviewed By James Molloy

Sports Betting. Football. Online UX.
Published: Jun 30 · 8 min read
Updated: May 26th, 2022

The Royal Panda core products for over 10 years have been the casino and live casino but the operator introduced a sports betting service in 2017. The New Zealand Gambling Act of 2003 allows residents of the country to register with Royal Panda. The site is licensed and regulated by the Malta Gambling Authority

The sports betting platform operates in partnership with BetConstruct who are leading suppliers of gambling software solutions. As a relatively new sports betting operator, Royal Panda is competing against some established brands. The company does have the potential to develop an award-winning product which can attract sponsorship and partnerships.

Advantages
Green Circle with white tick in the center Betting markets across about 40 sports
Green Circle with white tick in the center Live betting interface with cash out
Green Circle with white tick in the center Easy to achieve welcome bonus
Disadvantages
Green Circle with white tick in the center No horse racing service
Green Circle with white tick in the center Relatively low value welcome bonus

Royal Panda Sports Welcome Bonus

50% Matched Free Bet up to NZ$50

New customers with the Royal Panda sportsbook who register from a location in New Zealand can claim $20 in the form of a free sports bet. On making an initial deposit, players must opt-in to this sign up offer. The minimum deposit is $20 and the qualifying bet is $20 at odds of 2.0 or bigger. The free bet is credited once the qualifying bet has been settled.

The free bet does not count as cash but winnings are added to the account balance and can be withdrawn. There are no wagering requirements beyond the qualifying bet. Any profit from the free bet does not include the free bet stake. The Royal Panda sportsbook new customer free bet expires after 90 days. However, customers who cash out the qualifying bet are not eligible for this promotion.

Promotions and Free Bets Available From Royal Panda

At the time of the Royal Panda sports review, there were no ongoing promotions for existing customers. However, the site does offer Top Price on selected events. The operator promises to match the best price with a number of competitors that appear on an odds comparison site.

The guarantee applies to advertised events and the offer is subject to Royal Panda’s general Terms & Conditions. The Top Price offer does not include promotional odds and any back odds that appear on a betting exchange. The maximum stake is set at the discretion of Royal Panda.

Royal Panda Free Bets

This Royal Panda sports review did not identify any free bets in addition to the welcome bonus. Customers in New Zealand who meet the qualifying criteria benefit from number of promotions related to the casino product. The absence of free bets for current players is offset by the Top Price guarantee and a loyalty programme that allows customers to earn points across all products.

The Refer-A -Friend scheme also provides reward points for current members, including Royal Panda sportsbook customers. As the Royal Panda brand becomes more trusted in New Zealand, the operator could introduce sports and event specific free bets and bonuses that focus on local games. Customers could be informed on social media and by email.


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Sports and Markets Available at Royal Panda Sports

Product Coverage

 New Zealand

‘Sports’ is the third option on the main menu, after Casino and live casino. This position reflects the fact that the sportsbook was added to the website some years after the casino was launched. Betting markets are displayed in the categories of Live and Pre-Match. There is a search box that can be used to locate a competition or team. There is a most popular list of the day’s betting events, which are mainly related to cricket and football. Similarly, the most popular competitions are leagues in cricket and football, the most bet on sports by customers residing in New Zealand.

The English Premier League in football is the most popular for betting. Royal Panda displays the match result betting market which has three outcomes: Home Win, Draw, Away Win. There is a link to over 350 related markets which appear under the following headings: All, Match, Total, Handicap, Half, Minutes, Players, Corners, Cards, Shots and Throw-Ins.

There are fewer markets for cricket fixtures but the offer includes Match, Innings, Wickets and Players betting. In other sports, the most bet on markets are match winner, handicaps and totals.

There are about 40 categories in the full list of sports. Rugby league and rugby union are popular betting sports in New Zealand. Bettors in the country can also place wagers on the following North America leagues: NFL, NHL, MLB and NBA. The Royal Panda sportsbook also features betting markets for the global sports of golf, tennis, motor racing and boxing. Odds are published for niche sports such as beach volleyball and surfing. In addition to the regular sports, customers located in New Zealand can select from markets in Politics, Esports and TV Shows and Movies.

Royal Panda Betting Features

Account holders living in New Zealand can take advantage of the following features that aid betting:

Bet Placement

Registered customers locate the preferred market and click the odds. At that point the Bet Slip appears. As more selections are added, the Bet Slip displays the betting options which can be singles, multiples or system bets.

The customer enters the stake or selects from three default amounts and places the bet. Royal Panda confirms the bet and updates the account balance accordingly.

Live Betting

Royal Panda displays the live betting events under a specific title. There are three views: Event, Overview and Calendar. Selected fixtures can be watched on a live streaming service which focuses on minor leagues which are not barred by TV contracts.

Royal Panda takes down odds after a key event, such as a goal in football or wicket in cricket, and publishes the latest odds after a short delay.

Cash Out

The cash out facility allows live bettors to close bets in selected markets before expiry and the final outcome is known. The purpose of cash out betting is to secure a known profit or fix the loss before the bet closes.

The value of the return is based on the odds and stake for the original bet and the market when the customer makes the request.

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50% Matched Free Bet up to NZ$50

Registration Process at Royal Panda

Residents of New Zealand who are considering registering with the Royal Panda betting site click ‘join now’ on the Homepage. As you would expect, the operator verifies the identity of any new customer for reasons of security.

The new account screens include fields for a Username and Password and an optional Royal Panda bonus code. When the required fields have been populated, the new player confirms they are of legal age and acceptance of the general Terms & Conditions and creates an account.

50% Matched Free Bet up to NZ$50

Depositing and Withdrawing at Royal Panda

The Royal Panda review finds the following payment methods: Bank Transfer, e-Wallets such as PayPal, Neteller and Skriil, Visa and Mastercard debit and credit cards and prepaid safe cards. Deposits are free and immediate, with a minimum value of $10 and maximum value of $50,000.

Withdrawal methods can carry a charge, depending on the provider, and can take up to 5 days. The minimum withdrawal is $10 and the maximum is $100,000 but $50,000 with cards.

Payment Method
Name
Deposit Amount
Withdrawal Amount
Withdraw Time
Paysafecard
Paysafecard
NZ$10 Min
-
N/A
Skrill
Skrill
NZ$10 Min
-
1-3 Days
NETELLER
NETELLER
NZ$10 Min
-
1-3 Days
MasterCard
MasterCard
NZ$10 Min
-
1-3 Days
Maestro
Maestro
NZ$10 Min
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1-3 Days
Visa Electron
Visa Electron
NZ$10 Min
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1-3 Days
VISA
VISA
NZ$10 Min
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1-3 Days

Royal Panda Desktop Experience

The sports menu structure can take a little getting used to and there are plenty of menus and featured links. The main sports screen displays information about promotions and pre-match and live betting. However, the main betting events and leagues appear prominently and navigation to these areas takes just a few clicks.

The structure of the sports page is a slight negative but the Royal Panda betting site displays the most important information for bettors in New Zealand. The mobile version of the website has the same structure and navigation features so the same comments apply.

Mobile App

There is a downloadable sports betting app for iPhone devices but restrictions mean there is not the same app for Android smartphones and tablets. However, the Royal Panda website can be installed on Android devices when the browser is optimised correctly.

There are no mobile-specific free bets and bonuses but the standard promotions can be activated by mobile users.

IOS App IOS App
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Android App Android App
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Mobile Live Streaming Mobile Live Streaming
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Betting Odds at Royal Panda

Royal Panda offers the following odds margins for a key betting market in the three most bet on sports:

SportMarketMargin
FootballMatch result after 90 minutes105.38%
CricketMatch result including draw105.61%
TennisMatch winner 2-way108.10%

There is average value in the football odds while the cricket margins are better for the customer than similar margins with competitors but other operators offer more competitive tennis odds.

Royal Panda Customer Support

Account holders in New Zealand have access to the following customer support options:

  • Live Chat
  • Email
  • Telephone
  • FAQ
  • Call Back

The quality and responsiveness of customer support with Royal Panda is one of the positives of the operation. The department takes Live Chat for 15 hours every day.

Social:
Available Hours:24/7
Phone:+44 356 277 8041

VIP/Loyalty Programmes

Royal Panda does not have a VIP programme but does offer a loyalty scheme, called Loyal Panda. Customers receive points based on deposits and stakes. There are different payout rates but for each $10 bet on sports , a player receives 1 point.

The Loyal Panda store allows customer to exchange points for free spins in the casino and prizes such as iPhones and holidays.

Royal Panda Responsible Gambling Features

‘Responsible gaming’ is one of the options on the footer of each page. Customers can use the following measures to have some control over their gambling:

  • Session notifier
  • Session limits
  • Deposit limits
  • Loss Limits
  • Wagering limits
  • Self-exclusion

Royal Panda has partnerships with bodies in New Zealand that provide support and guidance for problem and addictive gamblers.

Deposit Limits Deposit Limits
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Stake Limits Stake Limits
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Profit/Loss Totaliser Profit/Loss Totaliser
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Self Exclusion Self Exclusion
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Our Verdict

Customers with Royal Panda located in New Zealand enjoy a comprehensive sports betting experience across about 40 sports and pre-match, live and ante post markets. The live betting interface provides live events for the most popular sports and is enhanced by the cash out facility. The welcome bonus is for a relatively modest value but it is easy to claim in the time frames and there are no excessive wagering requirements.

The lack of ongoing promotions for existing customer is offset by the Top Price promise and loyalty programme. Despite some minor negatives, such as no Android app, bettors in New Zealand should have a look at the Royal Panda sportsbook.

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FAQ


The minimum withdrawal amount with Royal Panda is $10.

Sports bettors in New Zealand with Royal Panda can bet on about 40 sports.

Customers can deposit funds in New Zealand dollars.

There is an app for iPhone but not Android devices.

Royal Panda provides a safe and secure betting environment.

Withdrawals are processed over between 1 and 6 days.

Royal Panda is licensed and regulated by the Malta Gaming Authority (MGA).

Please note the following terms and conditions of Royal Panda
*These Terms and Conditions do not apply to Ontario players fully as we cant confirm what bonuses, if any, will be available.
Royal Panda reserves the right to change the terms and conditions of its promotions at any time.
In the event of conflicting information, the information described in the terms and conditions for Royal Panda promotions and bonuses shall prevail over any descriptions provided in Royal Panda’s promotions and bonuses explained.
In the event of conflicting information, the information described in the general terms and conditions shall prevail over the terms and conditions for Royal Panda promotions and bonuses.
Royal Panda’s free sports bet is available to new players only in countries that host Royal Panda sports betting and can be selected when depositing for the first time.
Free sports bet terms: Deposit £20 or more in one transaction and place a bet/bets to the value of £20 or more on virtual or real-event bets with odds of 2.0 or higher.
The player will receive a £20 free bet once their original bet(s) have been fully settled.
The £20 free bet must be placed at Royal Panda sports betting, and cannot be withdrawn.
Free bets have no monetary value, and cannot be exchanged for real money or a bonus. Players must make their £20 free bet in one transaction.
Any winnings accrued from the £20 free bet will be added as withdrawable funds to players’ accounts, but the initial £20 free bet will not be returned.
Deposits with Skrill, PayPal, Neteller and Paysafecard are not eligible for the free sports bet. Unless stated otherwise, free bets have an expiry date of 90 days from the day it was added to the player’s account. In the event that the free bet has not been used on the expiry date, Royal Panda reserves the right to cancel the free bet.
Free bets must be placed on a single virtual or real-event bet, and cannot be used on a combination bet. Free bets cannot be split.
The player must select the free sports bet when making their first deposit instead of, and not in addition to, the casino welcome bonus.
Royal Panda reserves the right to review the bets placed by the player, or a group of players. Where it grounds to believe the player, or a group of players, is seeking to defraud Royal Panda, it reserves the rights to:
Declare any bets, or series of bets, void, whether settled or unsettled;
Suspend or close the accounts of the players in question.
Multiple participations in the same free bet campaign from the same device/household are prohibited. Where multiple participations in the same free bet campaign from the same device/household are detected, the free bet/promotion will be forfeited and any funds on the player's account may be frozen.
Royal Panda reserves the right to reject multiple participations in the same free bet/promotion campaign from the same IP address in the event that Royal Panda suspects fraud is being perpetrated. In this case, the player(s) will no longer be eligible to participate in the free bet/promotion and any funds on their player account(s) may be frozen.
Top Price offers: Initial odds displayed in emails, promotions and social media can fluctuate. Our guaranteed Top Price or joint Top Price will be matched by monitoring Oddschecker.com to ensure we won’t be beaten on price. Prices will be compared with the following bookmakers: Bet365.com, Ladbrokes.com, WilliamHill.com, PaddyPower.com, Coral.co.uk, SkyBet.com, Boylesports.com, Betfred.com, Betvictor.com and Unibet.co.uk.
Royal Panda’s Top Price guarantee is available on standard odds offered by the aforementioned bookmakers, and will not take into consideration non-standard or promotional odds, including (but not restricted to): sign-up offers, promotional prices, so-called “bet boosts”, enhanced odds, or betting exchanges a comparison.
Royal Panda is not obliged to match the Top Price of our competitors if the price is greater than the ‘lay’ price on any betting exchange. For example, if the Top Price is 2.5 (6/4) with another bookmaker, and on the exchange the lay price is 2.44, we would not be obliged to offer odds of 2.5 (6/4).
The offer only applies to bets placed on Match Odds. All other markets are excluded, unless otherwise advertised.
Royal Panda’s standard 100% welcome bonus is available only to players when they make their first deposit, and can only be used on casino games. Non-standard welcome bonus offers may only be used with casino games unless expressly stated otherwise.
The welcome bonus requires a minimum deposit of €/$/£10, or its equivalent in another currency, and the maximum bonus players can earn is €/$/£100, or its equivalent in another currency.
Royal Panda’s Bamboo Bonus is only available on casino games, and sport bets won't count towards the Bamboo Bonus wagering requirement.
The 50% Bamboo Bonus can be claimed once a week on a Friday between 00:00 and 23:59 CET only.
The Bamboo Bonus requires a minimum deposit of €/$/£10, or its equivalent in another currency, and the maximum bonus players can earn is €/$/£150, or its equivalent in another currency.
Unless otherwise stated, all Royal Panda deposit bonuses can only be used on casino games. Players from the following countries are eligible for the free spins upon creating their account: United Kingdom, Switzerland, Austria, Germany, Sweden, Finland, Norway, New Zealand, Netherlands, Japan.
10 free spins are awarded to eligible players on sign-up and can only be redeemed on Starburst or Starburst Touch.
Players who deposit using Neteller, PayPal, Skrill or Paysafecard are not eligible for any of Royal Panda’s deposit bonuses.
Unless expressly stated otherwise, and with the exception of periodically returning promotions, all players may only participate in a given promotion once.
Multiple participations in the same bonus / promotion / free bet campaign from the same device / household / address are prohibited. Where multiple participations in the same bonus / promotion / free bet campaign from the same device / household / address are detected, the player(s) will no longer be eligible to participate in the bonus / promotion / free bet and any funds on their player account(s) may be frozen.
Royal Panda reserves the right to reject multiple participations in the same bonus/promotion / free bet campaign from the same IP address in the event that Royal Panda suspects fraud is being perpetrated. In this case, the player(s) will no longer be eligible to participate in the bonus / promotion and any funds on their player account(s) may be frozen.
A player’s identity will be determined using the following information: name, mailing address, e-mail address, IP address, credit/debit card number, computer, and any other type of identification deemed necessary by Royal Panda.
All bonuses issued by Royal Panda and any possible bonus winnings cannot be paid out unless the wagering requirements have been met by the player.
The standard wagering requirement for bonus money is 35 times the initial bonus amount received when playing casino games.
Any money won using bonus money will be added to the player’s bonus balance. Upon the player meeting the wagering requirement for a given promotion, any money won using that bonus money will also be released.
Free spins are exclusively for use with the game(s) stated in the concerning promotion. Unless expressly stated otherwise, money won using free spins will be credited to the player's balance as bonus money for use exclusively with Royal Panda casino games, and thus is subject to Royal Panda’s standard wagering requirement for casino games of 35 times the bonus amount initially received.
Unless expressly stated otherwise, money won during casino game tournaments will be credited to the player's balance as bonus money and thus is subject to Royal Panda’s standard wagering requirement.
The player’s bonus balance consists of bonus money and possible bonus winnings. The bonus balance cannot be used to fulfill the wagering requirements unless stated otherwise in the concerning promotion.
Wagering requirements can only be fulfilled by the player by placing real money bets with their cash balance on those products and games as outlined in the table below.

Classic slots 100%
Video slots 100%
Table games 10%
Video poker 10%
Live games 10%
Scratch cards 100%
Softgames 100%

Bonus abuse will result in the suspension and/or closing of the player’s account.
Wagers are deducted from the player’s cash balance first. If no cash balance is available, the player’s bonus balance will be used.
If the player decides to withdraw money before reaching the wagering requirement, any relevant bonus money, including any possible bonus winnings, will be returned to Royal Panda. If Royal Panda decides that a particular player is no longer eligible for promotions/bonuses, Royal Panda may exclude a player from the bonus program without providing further reasons or explanation for exclusion.
In the event that no end date is specified, Royal Panda promotions will automatically conclude after 90 days from the date they are first made available. Unless stated otherwise, any remaining bonus funds for which the player has not yet met the wagering requirement, will automatically expire after 90 days from the point they are awarded.
Royal Panda reserves the right to cancel, change and/or withdraw any promotion at any time without prior notice.
Royal Panda reserves the right to withdraw the bonus and any possible profits if any of Royal Panda’s terms and conditions are breached. Any player who breaches these terms may be held responsible for any costs incurred by Royal Panda as a result of that breach.
Royal Panda may confiscate funds from the player's balance to make up for losses incurred due to the breach of any of Royal Panda’s terms and conditions.
Royal Panda reserves the right to cancel and/or revoke bonuses that may have been obtained by misuse of the system.
Employees of Royal Panda and members of their families are prohibited from participating in promotions organized by Royal Panda. Affiliated companies, their employees, and their employees’ families are also prohibited from entering promotions organized by Royal Panda. The player can exclude themselves from receiving Royal Panda’s promotions at any time by submitting a request to customer service. This action can be undone at any time simply by contacting customer service again.
Royal Panda’s terms and conditions for promotions are available in several languages for information purposes. However, it is the English version that is the legal basis of the relationship between the player and Royal Panda. In case of a discrepancy emerging between an English version and a non-English version of the terms and conditions for promotions, the English version shall prevail.
In the interest of fair gaming and fraud prevention, casino game wagers placed using bonus money are subject to a maximum bet per game round limit. The maximum bet permitted when playing with bonus money is $7.50, €7.00, £5.00, or its equivalent in another currency. In the case of the following games, these operate with a deviating maximum bet of $1.50, €1.40, £1.00, or its equivalent in another currency, when playing with bonus money: 1429 Uncharted Seas, The Rift, Dead or Alive, Bloodsuckers, Kings of Chicago, Hellboy, 300 Shields. In case of a breach of this rule, the player agrees that his bonus and any associated winnings may be void.
While playing with wagers made using their bonus balance, players are strictly prohibited from delaying the playing of a game round until after the wagering requirement for that bonus has been met, and/or they have deposited new funds. This includes all bonus and/or free spin modes and features which may arise as a result of wagers made using the player’s bonus balance. In the event that this occurs, the player agrees that their bonus and/or any associated winnings are void.
Last Updated: April 4th, 2022

Contributors

Contributors

Hi, I'm James Molloy

"I've worked in the betting industry on product, operations and customer service for several years. A class operator will deliver on many aspects and we cover them all."

Interests
  • Sports Betting
  • Football
  • Online UX

Reviewer since October 2015

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