BETPANDA

Betpanda Sportsbook Overview

Launched in 2023, Betpanda is a betting platform tailored for cryptocurrency users. In this review, we’ll take a close look at the sportsbook and assess its features and services to help you decide whether it’s worth exploring for your online betting needs.

Betpanda License

Betpanda is operated by SBM S.R.L. and based in Costa Rica, a jurisdiction that does not require a specific gaming license for operation. While the company claims to hold all necessary permits, it does not provide any clear details about the nature of these permits, raising questions about the level of regulatory oversight. According to Betpanda’s website, the company is based at Del Centro Cultural Costarricense Norteamericano, Edificio Ofident, Oficinas 3, San Pedro, Costa Rica. 

Betpanda Registration

Joining Betpanda is swift and straightforward as it starts with clicking the green "Sign Up" button in the top-right corner. Enter your email, create a secure password, and accept the Terms of Service. These steps pave the way for your first deposit, providing access to Betpanda's full range of features. As you progress, you'll need to complete your account profile. Age verification is equally crucial - confirm you're at least 18 years old and agree to the site's Terms and Conditions. Once you’ve met these requirements, you can fully access the bookmaker’s services. Surprisingly, users are not asked to provide proof of identity during the registration process.

Betpanda Login

Accessing your Betpanda account is effortless. Navigate to the login page by clicking the "Login" button residing next to the registration button, enter your registered email and unique password, and you'll instantly access your account. Betpanda accounts provide access to players’ statistics, deposit history, real-time balance updates, and a full overview of active bonuses. 

Betpanda Deposit and Withdrawal Options

The platform offers two innovative Bitcoin deposit methods: Bitcoin on-chain and Lightning Network. For Lightning deposits, users input their desired amount, while on-chain transactions require a QR code scan. Both options emphasize speed and security, with Lightning Network excelling in transaction velocity. Depending on other cryptocurrencies, you can choose the network in which you want to make a deposit. The bookmaker maintains a zero-fee policy for all deposits and withdrawals.

The sportsbook's cryptocurrency support is impressively diverse, encompassing 13 distinct digital assets. This roster includes established giants like Bitcoin and Ethereum, alongside rising stars such as Solana and Toncoin. Other supported cryptocurrencies span Litecoin, Binance Coin, Tether, Ripple, Dogecoin, Tron, Shiba Inu, SAND (ERC20), and USD Coin. While cryptocurrency bettors will likely be satisfied with this selection, those who prefer fiat payments might not share the same level of enthusiasm.Betpanda Odds

The bookmaker’s odds portfolio spans over 30 sports categories, catering to diverse betting preferences. Key sports available include:

• Traditional sports: football, tennis, baseball, cricket, basketball, ice hockey, and table tennis.
• eSports: CS 2, Dota 2, FIFA Volta, Valorant, and League of Legends.

Racing aficionados aren't left behind, with options covering horse, greyhound, and harness events. The choice of events is impressive for most users, but niche betting fans might not appreciate the absence of options related to political elections or film and music awards events. The odds for all the sports are fairly decent compared to leading sportsbooks.

Betpanda Bonuses and Promotions

The operator does not offer traditional welcome bonuses. Instead, bettors are presented with three promotions of a different kind, such as: 

• Unlock a Free Bet Every Week: Based on your sports betting results from the past week, you’ll receive a free bet every Monday. The free bet amount depends on your weekly losses, with tiers offering 5-10% of your loss amount as a free bet.
• Win More with Combos: Betting on accumulators can lead to bigger profits. With each selection, the odds increase, and you’ll get a ComboBoost of up to 40% on accumulators with three or more selections (minimum odds 1.4 per selection).
• Bet & Win Tournament: Participate in the Weekly Sportsbook Tournament and get a chance to win part of the $10,000 prize pool. Your winning bets bring you closer to victory and a share of the reward.

Betpanda's VIP program rewards loyal players with cashback, bonuses, and exclusive perks. Start as a Panda Cub with 10% cashback and a 100% first deposit bonus, and unlock more rewards as you level up to Bamboo Guardian, Majestic Panda, Panda Commander, and Emperor Panda.

Betpanda Mobile App

Betpanda's mobile-optimised platform covers everything that bettors need without a dedicated app. The design adapts to smartphones and tablets, offering an interface mirroring desktop functionality, including swift navigation, real-time odds updates, and secure transactions, all optimized for touchscreens. The layout ensures easy access to markets, live betting, and account management. With performance rivaling native apps, the bookmaker’s mobile solution caters to modern bettors' flexibility needs.

Betpanda Support

Betpanda's customer support system combines efficiency with accessibility. The platform's live chat feature offers instant assistance, while email support ([email protected]) handles complex inquiries. For community engagement and updates, the bookmaker is active on social media, including: 

• X (Twitter): @betpanda_casino
• Discord: access the platform to get your invitation link
• Telegram: @betpandaofficial 

Betpanda's comprehensive FAQ section empowers users to swiftly resolve common issues. This multi-channel approach ensures crypto-savvy bettors receive timely, relevant support. 

Betpanda Pros and Cons

Pros:

• Fast registration process: Signing up on Betpanda is quick and simple, allowing users to start betting in no time.
• Supports various cryptocurrency deposit methods: Betpanda provides flexibility with a range of crypto options, making it convenient for crypto enthusiasts.
• Competitive odds: The platform offers attractive odds across a wide variety of events.
• Active social media presence: Betpanda engages with users through social platforms, offering a space for bettors to interact and stay updated.
• Quick support system: Customer service is responsive, with a helpful FAQ section available for immediate assistance.

Cons:

• No clear licensing: Betpanda operates under the jurisdiction of Costa Rica, which does not require a gambling license.

Limited bonuses for sports betting: Unlike other platforms, Betpanda doesn’t offer a wide range of bonuses for sports bettors.