Betpanda sportsbook review
Overall Rating
78 %
Betpanda.io Overview
In the crowded online betting market, this sportsbook stands out with a unique and user-friendly experience. Also, it offers a fantastic number of markets for betting on various sports and esports matches. Different tournaments are also available to satisfy your competitive side.
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Play Responsibly
Editor’s View – Key Facts We Discovered About This Sportsbook
- Unmatched niche sports coverage, including ski jumping, swimming, and more obscure markets.
- iOS and Android mobile app for wagering on the go.
- Rare flexibility to bet with most digital coins.
- Detailed stats and data visualizations for next-level research and analysis.
- One wallet and account across the sportsbook.
The site is easy to use and easy to bet on as it’s not complicated to navigate. They have won some awards for that, and real bettors love it. Plus Betpanda is regulated and licensed as a bookmaker.
Place bets on the go can be done on a smooth web-based platform for mobile devices. The registration process took me just a few minutes when I was setting up my account. In addition to this, it offers extensive sports wagering markets, highly competitive odds, a good variety of banking options as well as a generous players’ reward scheme. On balance, it is an excellent user experience.
I gave it a rating of 4.1 out of 5, which is good. Some of the criteria that I took into consideration are markets, odds, reliability, and more. Check out our how we rate guide to see the other criteria we consider and learn more about our rating system in general.
Below, you can see some of the pros and cons that I think you should know about this sports site.
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Pros
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Huge selection of sports.
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Great odds compared to big-name sportsbooks.
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Fast payouts.
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Modern, easy-to-use interface.
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Generous welcome bonus.
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Cons
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Limited payment options.
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Higher minimum bets for some markets.
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Many restricted countries.
User Experience – Mobile App and Website
I must say that I was pleased by the user-friendly, up-to-date web interface of Betpanda. As a result, navigation through the website is smooth.
The website’s clear layout makes navigation easy. The homepage has links for live betting and the most popular matches that are well-organized according to various sports and leagues. For that reason, getting started on the platform is fast and simple.
Most of these bets can be confirmed by a single click in bet slip without any hindrances. Other features such as quick changing of odds from decimal to fractional to moneyline are examples of attention to details at this site’s user experience.
License and Security – Is Betpanda Safe & Legit?
This sportsbook is licensed by the CRGA. This license makes them adhere to safety protocols strictly which gives me confidence that they are legitimate.
It insists on email authentication when you log in and has a high standard SSL encryption to keep your data safe.
I withdrew my funds smoothly without issue. Player funds seem properly segregated and guaranteed based on the license obligations. In summary, this one operates safely and legally for players.
Registration At This Sportsbook – My Experience
- Go to the website and click Sign Up in the top right.
- Enter your email and create a username and password.
- Check your email for the verification link and click it.
- Go back to the website.
- Fill in the registration, and you’re ready to deposit and bet!
This was a quick and trouble-free sign-up process without any technical issues.
This sportsbook only supports digital coin deposits and withdrawals.
The main coins accepted are listed above. This means no credit card or bank transfer options. I tested making deposits with BTC and ETH. The process was quick and easy both times. The funds appeared in my account instantly after sending them from my wallet.
Withdrawing winnings was also fast. I requested a payout in BTC and the funds hit my wallet within 30 minutes. Much faster than most traditional bookies.
There are no fees for deposits, but withdrawals incur a small network fee depending on the coins used. For example, BTC withdrawals cost 0.0005 BTC. Check the website for fees for each currency before requesting your payout.
How was my deposit process using BTC?
Making a deposit was quick and easy. The process only involves a couple simple steps.
- Log into your account and navigate to the cashier page. Here I selected BTC as my deposit method and scanned the unique wallet address QR code provided.
- Open your e-wallet app, enter the amount you want to deposit, and send the funds to the address you scan.
- Receive a confirmation email.
That’s it! The entire deposit process took less than 5 minutes from initiating the transaction to seeing the money in my account, ready for betting. The instant nature of cryptocurrency deposits makes funding your account a breeze.
How did I place a bet?
Placing a bet is easy and intuitive. Just follow these steps:
- Click on ‘Sports’ in the top menu and browse the leagues to find your match.
- Click on the match and you’ll see the available bets, including spreads, totals, and moneylines.
- Click on your chosen bet and it will pop-up on the betslip on the right.
- Enter your stake amount and confirm your bet.
Experimenting with an NBA match, I have effortlessly placed a moneyline bet. The bet slip is smooth, and confirmation takes just seconds.
My experience with withdrawing winnings
Generally, I found it to be very simple and convenient to withdraw my money from this sportsbook. Actually, it was just as easy as making a deposit.
- Log into your account and navigate to the Cashier page. Here you can select any supported coin as your withdrawal method.
- Enter the amount you want to withdraw and submit the request.
- Receive the funds in your digital wallet.
I also took out some ETH, LTC, and USDT. Despite varied processing times, all coin payouts reached my wallet rapidly compared to traditional methods.
With digital coin withdrawals, I didn’t have to wait days for bank wires or checks in the mail. The table below shows the payout times I experienced for key coins:
Coins | Withdrawal Processing Time |
BTC | < 30 minutes |
ETH | < 1 hour |
LTC | < 15 minutes |
USDT | Instant |
Sports Betting – What It Offers?
Betting market
This sports site offers wagering on over 52 different sports, from popular leagues like the NFL and Premier League to more niche sports like chess and cycling. Their range of markets is impressive.
Some of the major sports covered include:
- Football – NFL, NCAAF, CFL, AFL, and leagues from over 25 countries.
- Basketball – NBA, Euroleague, Australia’s NBL and more.
- Tennis – ATP, WTA, Challenger Series, ITF events.
- Soccer – EPL, MLS, La Liga, Bundesliga, and 350+ leagues worldwide.
I was surprised to find markets for sports like Ski Jumping, Biathlon, rowing, and even sumo wrestling. The coverage of niche leagues stood out.
The depth of placing bets really impressed me. You can bet on mainstream sports as well as obscure leagues like Bulgarian soccer, Russian hockey, minor league baseball, and amateur kabaddi matches.
Odds
Overall, I found the odds here to be very competitive compared to other sites. They seem to focus on offering sharp, consistently good odds rather than inflating lines to attract bettors.
By default, it uses the decimal format to display odds, and this is the norm with most European-based bookmakers. Nevertheless, bettors can edit the odds on their account to either fractional or American. This level of customization is valuable.
This bookie offers fair odds on less common markets like esports, and niche sports. The margins are not inflated like you see at some other books targeting casual bettors.
Range of bets
For popular leagues like the NFL, you’ll find all the standard bet types including spreads, moneylines, totals, props, futures, and more.
I was impressed with the number of player and game props available for sports like basketball, and tennis. There were 100+ options for an NBA game testing various outcomes.
Here you will find a great range of live, in-play wagering. I was able to bet on things like next scoring play, total points for a quarter, and bettor performance props during matches in real-time.
Live betting and streaming
The sportsbook provides extensive live, in-play markets across football, basketball, tennis, and more. The live odds are updated constantly in real-time as the event occurs. The placing of an in-play bet is seamless and only takes a click.
Although there is no live streaming here, the interface still makes it possible to enjoy interactive wagering.
With dynamic odds and seamless user experience, in-play betting is well catered for even without live streams. The choice of in-play markets is stunning.
eSports at This Sportsbook
This is one of the best eSports betting sites. It covers over 22 different eSports, providing extensive prediction markets across popular titles. I was able to bet on games like CS:GO, Dota 2, League of Legends, Overwatch, Call of Duty, Valorant, and more.
The depth of wagering options for major tournaments stood out. For CS:GO events, there were 100+ markets on match winners, map winners, correct scores, handicaps, specials, props and more.
Tournaments
This sportsbook provides access to bet on all the top eSports tournaments and leagues around the world. I could bet on events like the LoL World Championship, Dota 2 The International, Valorant, Rainbow Six Siege, King of Glory, and Mobile Legends.
Bonuses and Promotions – What Can You Claim?
Here are some of the key betting bonuses and promotions offered by this sportsbook:
- Welcome Bonus
- Monday Free Bet
- VIP Program
1. Welcome Bonus
Description: A sign-up bonus is available to all new bettors when they make their initial deposit.
How it works:
- Open a new account.
- Deposit for the first time.
- Get a 100% match up to 1 BTC
Experience: I registered and deposited 1 BTC which made me get another 1 BTC that also doubled my deposit. This allowed me to try out more bets without risking my own money initially.
2. Monday Free Bet
Description: Based on your sports wagering results from the previous 7 days, the sportsbook gives you a free bet every Monday.
How it works:
This bonus is open to all bettors who already have accounts here. You qualify for one free bet per promotional period, depending on the tier you have reached. Below is the tier list:
- Tier 1: Net losses of $400 on sports bets, receive a $20 free bet.
- Tier 2: Net losses of $800 on sports bets, receive a $50 free bet.
- Tier 3: Net losses of $1,500 on sports bets, receive a $100 free bet.
- Tier 4: Net losses of $5,000 on sports bets, receive a $500 free bet
Experience: I tried placing bets for one whole week and lost around $800. This many losses made me sad, but when Monday came, my mood changed when I got a $50 free bet. This free bet gave me a chance to change my luck, and maybe win some cash.
3. VIP Program
Description: Loyalty program that offers bonuses and rewards based on your activity related to placing bets.
How it Works:
- Earn comp points for all bets placed.
- Points can be exchanged for free bets and other rewards.
- More perks unlocked at higher VIP levels.
Experience: After a month of frequent placing wagers, I reached the first VIP level and could exchange points for a 0.5 BTC free bet. The VIP program gives great incentives to keep playing.
Limits
This bookmaker offers higher maximums and lower minimums than traditional books thanks to digital coins. For example, maximum BT bets can reach 10 BTC.
For responsible gambling, it provides robust tools to set your own limits. You can configure deposit, bet, loss, and time limits. I set daily deposit caps, per bet amounts, weekly loss thresholds, and time off periods.
The ability to customize multiple limits gives players flexibility while also providing strong protection.
As a guest user, I could only find a mail contact option at the bottom of the homepage for queries in general. Nonetheless, upon registering an account, there was live chat support in place.
When I tested the live chat as a member, it took one minute to connect me with an agent. The withdrawal issue was resolved by the agent quickly and effectively through chatting.
In a nutshell, the customer service for account holders was satisfactory. Before signing up, users have fewer alternatives, but registered users are able to acquire instant and quality assistance using live chat.
Reputation – What Do Player Reviews Say About Betpanda?
As a top bookmaker according to AskGamblers, it has a rating of 6.5/10 which indicates that it is doing well. Moreover, it is also ranked by Casino.Guru with a score of 6.5/10 as per expert opinions. The reason for this is because it has been featured in 11 player reviews on this popular platform which are mostly positive discussing its games offered and promotions.
Trustpilot shows that the site holds an average rating of 2.1/5 based on 44 reviews. Although mixed, some recent reviews note having good experiences, such as fast payouts and rewards for loyalty programs, among others.
One Trustpilot review states: “Betpanda has been my go-to sportsbook for a while now. I have won decent amounts here off low bets. They also have a great VIP program and payout instantly, even for large amounts.”
Based on expert ratings and predominantly satisfied player feedback, it seems to have built a solid reputation in the sports wagering space.
This sportsbook provides extensive markets for placing bets, thousands of prop bets available, and fast payouts, but still, it’s not enough to be better when compared to the best crypto sports betting sites on the market.
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Restricted Countries – Where It’s Not Available?
This sportsbook site has wide accessibility, being available in most countries around the world. Nonetheless, the platform does have limitations for specific jurisdictions including:
Angola | Bangladesh | Bhutan | Botswana | Burkina Faso | Burundi | CAR |
Chad | DRC | Equatorial Guinea | Eritrea | Ethiopia | Guinea | Guinea-Bissau |
Iran | Libya | Mali | Mozambique | Nepal | Niger | North Korea |
Rwanda | Sierra Leone | Somalia | South Sudan | Sudan | Syria | Tajikistan |
Tanzania | Tunisia | Turkmenistan | US | Uzbekistan | Venezuela | Zimbabwe |
Responsible Gambling – Available Tools
In order to show they are trustworthy and fair, the sportsbook site has implemented mechanisms that hinder fraud and make it impossible for any form of unfairness. Frauds such as breach of promotional terms, illegally withdrawal of bonuses and suspension of suspicious accounts, or prosecution against those trying to manipulate the system.
It has also established procedures to check withdrawal limits like one-account-per-person policy. The rule is aimed at discouraging excessive betting and practices liable to fuel addiction. Generally speaking, their firm anti-fraud policies as well as responsible gambling policies are indicative of ethical attitudes in business.
Did I Have any Betting Problems on This Sports Site?
I did not encounter any major issues. The signup process was smooth, and I did not have problems with email confirmations going to spam. The platform performed well technically during my play sessions without lag or software errors.
Trustpilot has some complaints about the time taken to withdraw. Nonetheless, I had my withdrawal requests processed without any delays within a day. Few others have talked about occasional problems with logging in, but this did not happen to me.
My Final Verdict – Do I Recommend This Bookie?
My final word would be to recommend Betpanda as a bookmaker. What distinguishes it from others is its variety of sports markets, competitive odds, rewards schemes, and innovative tools.
In terms of efficiency and withdrawal processing, the platform was found to be reliable by me during my experience. Nevertheless, all platforms have their weak points, but mine pales into significance compared to the positives.
For sports bettors who use digital coins, this site provides an excellent betting experience and is one of the best on the market.
What are the wagering requirements at this site?
The wagering requirement for bonuses is generally 40x to 50x the bonus amount. Read the specific terms for each offer.
How long do withdrawals take?
In my experience, withdrawals were processed in under 24 hours. Others report similar fast withdrawal speeds.
Can I cash out on Betpanda?
Yes, the sportsbook allows cashing out winnings, but only after fulfilling the wagering requirement.
How do I get my bonus here?
Bonuses are activated on deposit and opting in for a specific bonus.
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A pro gambling writer since 2015, immersed in the world of crypto since 2016, Will built up a wealth of knowledge and experience in both crypto gambling and crypto betting, making him one of the most prominent voices in the industry. His high-quality reviews have been featured on prominent gaming platforms, making him a trusted authority in the field.
Nationality
British
Lives In
England
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Facts Checked by Josip Putarek