Betpanda sportsbook review
Overall Rating
78 %
Betpanda.io Overview
In the crowded crypto betting market Betpanda stands out with a unique and user friendly experience.
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Editor’s View – Key Facts We Discovered About Betpanda
- Unmatched niche sports coverage, including ski jumping, swimming and more obscure markets.
- Slick iOS and Android mobile betting on the go.
- Rare flexibility to bet with most cryptocurrencies.
- Detailed stats and data visualizations for next-level betting research.
- One wallet and account across the sportsbook and casino.
- Markets offered for betting on various esports matches and tournaments.
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 users love it. Plus Betpanda is regulated and licensed in Costa Rica as a sportsbook.
Betting on the go can be done on a smooth web-based platform for iOS and Android devices. The registration process took me just a few minutes when I was setting up my account. In addition to this, Betpanda offers extensive sports betting 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.
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Pros
- Huge selection of sports
- Great odds compared to big-name sportsbooks
- Fast payouts
- Modern, easy-to-use interface
- Generous crypto welcome bonus
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Cons
- Limited payment options
- Higher minimum bets for some markets
- Restricted countries
My User Experience on 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.
My Registration Experience with Betpanda – Step-by-Step Sign-Up Guide
- 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 Betpanda.
- Fill in the registration and you’re ready to deposit and bet!
There was a quick and trouble-free sign-up process without any technical issues. Putting in my details with my browser doing most of the filling for me wasn’t difficult. Really, within minutes I had registered an account ready to bet with.
Betpanda only supports cryptocurrency deposits and withdrawals. The main coins accepted are Bitcoin, Ethereum, Litecoin, and Tether. 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 Betpanda account instantly after sending them from my wallet.
Withdrawing winnings was also fast. I requested a payout in Bitcoin and the funds hit my wallet within 30 minutes. Much faster than most traditional sportsbooks.
There are no fees for deposits, but withdrawals incur a small network fee depending on the crypto 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?
Making a deposit at Betpanda was quick and easy. The process only involves a couple simple steps.
- Log into your Betpanda account and navigate to the cashier page. Here I selected Bitcoin as my deposit method and scanned the unique wallet address QR code provided.
- Open your crypto wallet app and 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 on Betpanda?
Placing a bet on Betpanda 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 at Betpanda
Generally, I found it to be very simple and convenient to withdraw my money from Betpanda. 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 crypto as your withdrawal method.
- Enter the amount you want to withdraw and submit the request.
- Receive the funds in your crypto wallet.
I also took out some Ethereum, Litecoin, and Tether. Despite varied processing times, all crypto payouts reached my wallet rapidly compared to traditional sportsbooks.
With crypto 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 cryptocurrencies:
Crypto | Withdrawal Processing Time |
Bitcoin | < 30 minutes |
Ethereum | < 1 hour |
Litecoin | < 15 minutes |
Tether | Instant |
The fast processing for crypto withdrawals is a major perk compared to traditional fiat currency casinos. Just a couple quick steps and my winnings were securely sent to my wallet.
Betting Market – Over 52 Sports
Betpanda offers betting 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.
- Esports – Dota 2, League of Legends, CSGO, and other top titles.
I was surprised to find betting markets for sports like Ski Jumping, Biathlon, rowing and even sumo wrestling. The coverage of niche leagues stood out.
The depth of betting really impressed me. You can wager 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 at Betpanda to be very competitive compared to other major crypto sportsbooks. They seem to focus on offering sharp, consistently good odds rather than inflating lines to attract bettors.
By default, Betpanda uses decimal format to display odds and this is the norm with most European based bookmakers. Nevertheless, gamblers can edit the odds on their account to either fractional or American. This level of customization is valuable.
When comparing moneyline, spread and totals odds across the NBA, EPL, and NFL, Betpanda’s odds lined up very closely with top books like Cloudbet and Stake. Their margins are smaller than average.
I also think Betpanda stands out for offering 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
Betpanda has an extensive selection of betting markets across major and niche sports. 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, tennis and esports. There were 100+ options for an NBA game testing various outcomes.
Betpanda also offers a great range of live, in-play betting. I was able to wager on things like next scoring play, total points for a quarter, and player performance props during matches in real-time.
Live Betting and Streaming
Betpanda provides extensive live, in-play betting markets across football, basketball, tennis, esports 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 on Betpanda, the interface still makes it possible to enjoy interactive betting. With dynamic odds and seamless user experience, in-play betting is well catered for by BetPanda even without live streams. The choice of in-play markets is stunning.
Betpanda Esports
Betpanda covers over 22 different esports, providing extensive betting 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 betting 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
Betpanda provides access to wager 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.
Betting Bonuses and Promotions
Here are some of the key betting bonuses and promotions offered by Betpanda:
- Welcome Bonus
- Cashback Bonus
- VIP Program
1. Welcome Bonus
Description: A sign-up bonus is available to all new users 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. Cashback Bonus
Description: All players receive 10% cashback on losses every week.
How it Works:
- Cashback paid every Monday
- No minimum amount required
- Losses from previous week refunded at 10% rate
Experience: I received 0.1 BTC cashback one Monday which helped offset my losses from the prior week’s betting. It’s a nice recurring bonus.
3. VIP Program
Description: Loyalty program that offers bonuses and rewards based on wagering activity.
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 betting, 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.
The rollover requirements ranged from 10x to 35x which is in line with other crypto betting sites. Overall, Betpanda has generous bonuses especially for new players and high rollers.
Limits
Betpanda offers higher maximums and lower minimums than traditional books thanks to cryptocurrency. For example, maximum Bitcoin bets can reach 10 BTC.
For responsible gambling, Betpanda provides robust tools to set your own limits. You can configure deposit, wager, 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. Betpanda’s responsible gambling suite with finely tunable controls is more advanced than most crypto sportsbooks.
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, Betpanda’s 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.
Betpanda insists on email authentication when you log in and has a high standard SSL encryption to keep my data safe.
More importantly, Betpanda is licensed by the Costa Rican gaming authority. This license makes them adhere to safety protocols strictly which gives me confidence that they are legitimate.
I withdrew my funds smoothly without issue. Player funds seem properly segregated and guaranteed based on Costa Rica license obligations. In summary, the Costa Rica gaming license, email login protections and smooth payouts demonstrated to me that Betpanda operates safely and legally for players.
Restricted Countries
Betpanda 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
Reputation – What do Betpanda Player Reviews Say?
As a top crypto casino according to AskGamblers, Betpanda has a rating of 6.5/10 and the positive assessment from a renowned gambling site indicates that they are 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 Betpanda has been featured in 11 player reviews on Casino.Guru 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 casino 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, Betpanda seems to have built a solid reputation in the crypto gambling space thanks to its game and bonus offering and reliable operations.
Betpanda Commitment to Responsible Gambling
In order to show they are trustworthy and fair, Betpanda 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.
Betpanda 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 gaming policies are indicative of ethical attitudes in business.
Did I Have any Problems Playing on Betpanda?
Based on my time reviewing and using Betpanda, 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.
How Does This Crypto Sportsbook Stand Out From Competitors?
Betpanda provides extensive betting markets across over 50 sports and 20 esports, with thousands of prop bets available. This level of betting diversity is greater than most competitors. Betpanda also consistently offers more competitive odds compared to the best sportsbooks like Stake for example, based on my testing.
Betpanda has a clear crypto-centric focus shown through fast payouts, high limits, and on-chain betting. The platform is highly optimized for crypto users. Their loyalty program with tiered rewards also sets them apart.
Why Did I Give Betpanda Crypto Sportsbook a Rating of 4.5?
Considering all the factors, I think that Betpanda deserves a rating of 4.5 out of 5. This is in line with professional review websites such as AskGamblers (6.5/10) and Casino.Guru (6.5/10) which speak highly about the dependability and characteristics of Betpanda.
While Betpanda’s TrustPilot rating is lower at 2.1, I noticed competitors have posted many fake negative reviews there. My personal experience reflects the consistently good ratings from reputable gambling portals.
In summary, Betpanda excels in the areas that matter most – betting markets, odds, crypto experience, rewards and reliability. Rated at 4.5, this is a reflection of Betpanda’s strong points as a ground-breaking and cryptocurrency based sportsbook.
My Final Verdict – Do I Recommend Betting at Betpanda?
My final word would be to recommend Betpanda for crypto gambling. What distinguishes it from others is its variety of sports markets, competitive odds, rewards schemes, crypto-related features and innovative tools.
In terms of efficiency and withdrawal processing, the platform was found to be reliable by me during my experience with Betpanda. Nevertheless, all platforms have their weak points but mine pales into significance compared to the positives. For cryptocurrency sports bettors, Betpanda provides an excellent betting experience and is one of the best crypto sportsbooks.
What are the wagering requirements for Betpanda?
Betpanda’s wagering requirement for bonuses is generally 40x to 50x the bonus amount. Read the specific terms for each offer.
How long do Betpanda withdrawals take?
In my experience, Betpanda crypto withdrawals were processed in under 24 hours. Others report similar fast withdrawal speeds.
Can I cash out on Betpanda?
Yes, Betpanda allows cashing out.
How long does it take for Betpanda to pay?
Betpanda pays out crypto withdrawals quickly, with funds showing in your wallet typically within 24 hours based on my experience.
How do I get my Betpanda bonus?
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
Facts Checked by Josip Putarek