The Royal Panda Betting Bonus Reviewed

The Royal Panda sportsbook has only just been fully launched, the bookmaker is therefore focusing promotions and bonuses mainly towards existing casino customers, but there is still plenty to be excited about in terms of bonuses for fans of the sportsbook. The competition in the sports betting industry is immense, and any operator hoping to achieve quick boosts in its popularity needs an attractive package to welcome new members. If you’re keen to discover exactly what’s on offer at Royal Panda – you’ve come to the right place.

The Royal Panda Welcome Bonus In Detail
  • Unique £20 Welcome Bonus 100% on First Bet 
  • 90 Days To play your bonus
  • Several Payment OptionsVISA and Mastercard
  • Single Bets Only Odds of 2 or above
Welcome Bonus£20Bonus Code: n/a

The above table displays all the crucial details of the welcome bonus, it’s a brief rundown of the conditions and is all the knowledge you can take when comparing this bonus to others across the industry. Full analysis of how to activate the welcome offer as well as information on other current promotions, special bonuses and loyalty schemes at Royal Panda can be found as you scroll down through this review.

The Royal Panda Welcome Bonus in Detail 8

Royal Panda has grown exponentially in popularity in the past 12 months, partly due to there ever increasing exposure, sponsorship of Queens Park Rangers Football Club and persistent marketing efforts. But also, new customers are flocking to get a piece of the bonus action at this bookmaker!

Bet £20, Get a Free £20 Bet

Newcomers to the website can secure themselves a generous 100% match on their first bet up to £20. There are no turnover demands, meaning that all you have to do is bet on odds of 2.0 or over in order to qualify. The bonus is very straightforward, and well-seasoned punters will be used to seeing this type of offer at many of the leading bookmakers.

Hot to Claim the Sign-up Bonus

The first step to unlocking the hefty Royal Panda bonus is to complete the registration form with all your details – important to note that only customers residing in the UK will be eligible for the promotion. Then, make a deposit using the qualifying payment methods (this is all payment options except Paysafecard, NETELLER and Skrill). The minimum deposit amount at the bookmaker is £10. Once these steps have been completed the account will be credited with the bonus funds and you are able to make your opening bets. Read on for further information regarding the wagering requirements.

Bonus Wagering & Rollover Conditions

As standard with many bonuses reviewed on this website, the funds credited to you need to be “unlocked” by achieving the wagering requirements. Any money that is won through the bonus fund will be added to added to the total bonus balance. Upon meeting the wagering requirements of the Royal Panda promotion any funds gained will be released to the player and credited to the cash fund of the account. The specific requirements state that qualifying bets have to be made at odds of 2.0. Just remember you cannot withdraw the free bet money, but only any winnings achieved from staking the free bet.

Additional Royal Panda Promotions

As mentioned at the beginning of the article, the Royal Panda sports betting arena is a relatively young integration to the website. So, the bookmaker is slightly behind the competition when it comes to engaging its customers with regular and creative promotions. But don’t let that dishearten you, the operator has some interesting and unique features that appeal to high-rolling punters.

Loyalty is Key – The Loyal Panda Scheme

Everyone who makes regular bets with a particular bookmaker likes to feel the appreciation of their valued business. Royal Panda certainly value their customers loyalty, and operate the Loyal Panda Shop, a completely free loyalty programme where customers are awarded points to spend on luxury goods such as watches and Apple hardware! But before you get carried away with this epic promotion, 1 point is awarded per £10 staked on sport bets, and to add some perspective – the Rolex Submariner is priced at 1,100,000 LP points. That’s over £10million worth of bets on sport markets! There are plenty of cheaper gifts though, keeping you motivated to place your bets at the bookmaker. The Loyal Panda scheme is certainly unique in terms of the concept, and for a new bookmaker – it is encouraging to see this creative initiative that benefits both Royal Panda and their customers.

Free Bets

You’ll be pleased to know Royal Panda showers its regular players with free bet bonuses. As is standard across the industry nowadays – regular depositing and big betting volume will see you quickly rewarded with bonus amounts. Moreover, the points you earn for the Loyal Panda scheme may be used to unlock bonus amounts. To add some perspective, 900 LP points will earn you a £10 free bonus bet.

Decent Payment Options Decent Payment Options 8

The bookmaker has you covered for all the popular payment methods here, there is a good variety of e-wallet and card payment options to satisfy anybody familiar with the online gaming industry. Commonly used cards like VISA and Mastercard are completely taken care of, and the deposit and withdrawal limit criteria’s you can see below are very reasonable and more flexible than most new operators in this industry. When depositing for the first time, new customers should be aware that NETELLER, Paysafecard, Skrill are all ineligible payment options to unlock the 100% deposit bonus. And, you’ll also be pleased to know all transactions are processed free of charge, so no need to worry about fees being slapped on a big withdrawal!

Payment Method Deposit/Withdrawal Processing Time Limits Min/Max Fees
£10 – £1,500
1-5 days £10 – £50,000
£10 – £15,000
£10 – £15,000
£10 – £15,000
£10 – £100,000
£10 – £100,000
£10 – £100,000
1-5 days £10 – £50,000
1-5 days £10 – £100,000
£10 – £15,000

The processing time for Royal Panda withdrawal is quite impressive. A glance across the various options displayed in the above table makes clear how quick winnings could potentially land in your bank account, particularly if you favour the e-wallet options. With the instant nature of deposits and withdrawals at Royal Panda, it is encouraging for punters to trust in the efficient nature of the Royal Panda business. The one downside being the e-wallets cannot be used to claim the welcome bonus, however many punters evade this obstacle by making their first deposit with a bank card and then turning to the favoured e-wallets (NETELLER, Skrill and Paysafecard) to make further deposits and withdrawals once the wagering requirements of the Royal Panda bonus have been cleared.

Great Welcome Bonus and Loyalty Scheme

For an operator that focused its efforts primarily on the casino side of the business, Royal Panda has certainly brought forward a fantastic sportsbook that is accompanied by a smashing welcome bonus and loyalty rewards scheme. The huge welcome bonus is a fantastic way to introduce new customers to the functionality of the new sportsbook, and the interesting approach to customer loyalty is particularly appealing to players who are consistently making hefty 4-figure bets on sport. Simply put, Royal Panda goes above and beyond many leading bookmakers with its bonuses and promotions.

Strengths and Weaknesses of the Royal Panda Bonus
  • Major Strengths
  • plenty of payment options
  • easy to use
  • Minor Strengths
  • 90 days to claim
  • Major Weaknesses
  • no turnover requirements
  • Minor Weaknesses
  • limited withdrawal methods

In terms of betting welcome bonuses, Royal Panda have a very appealing and generous offer. Not only is it incredibly simple to use, but it has a very long expiry time-frame and the odds required to make qualifying bets are more than reasonable. However, the high turnover requirements of 10x is on the higher end of the scale when it comes to bookmaker bonuses and the practicality of the bonus is slightly undermined by the limited eligible payment options, but as we’ve already explained this can be very easily bypassed. If you would like to read further about bookmaker payment methods visit our analysis of the most commonly accepted payment methods at UK operators. And for more information on the Royal Panda platform, check out the full Royal Panda review for the complete round-up of the betting site.

Q&A/FAQ

Here we have critically analysed all things bonus and promotion related at the Royal Panda betting site. If you have any further questions regarding the content displayed on this page, please contact us at info@bestbettingsites.uk.

Is Royal Panda secure?

Absolutely, Royal Panda takes the security of its customers very seriously. All user data is encrypted, the full website, along with all financial transactions is hosted on certified and secure HTTPS servers. Additionally, Royal Panda ensures all personal data is responsibly stored and has strict information security policy.