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Betpanda Review
YEAR EST. 2023
RATING
7.4
starstarstarstarstar
BOOK SPY
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Betpanda is making strides on the global stage, broadening its offerings to players. It's already a destination for international bettors under the Costa Rican license and has been gaining popularity in North America and Europe. The sportsbook, powered by the Betby platform, is known for its fair odds and array of betting tools. Embracing over 10 types of cryptocurrencies, the bookie also promotes regional preferences by supporting various languages and betting formats. Its rewards program is tailored to benefit its dedicated user base. However, the brand could enhance its betting features, as it lacks options such as Partial and Auto Cash Out and Request a Bet. Live streaming only covers eSports and minor events. The diversity of betting markets, particularly for niche sports, leaves room for improvement. Additionally, the unavailability of payment methods besides crypto is a drawback. Despite these points, Betpanda stands out for casual bettors, as it is a flexible crypto sportsbook promising swift transaction processes.

Launched in 2023, Betpanda has emerged as a fresh contender among online cryptocurrency betting platforms. Star Bright Media SRL owns the brand and operates according to the Costa Rican gambling regulations. The website is globally accessible, welcoming participants from over 150 countries, like Germany, Italy, Ireland, India, and Brazil.

The sportsbook, powered by Betby, boasts a lineup of 20,000 monthly events. It provides over 50 wagering alternatives for major football games and facilitates using cryptocurrency wallets for in-game transactions. Our comprehensive Betpanda review will delve into all its service offerings.

Total Score

7.4

Betting Markets 7.5

Odds 7.1

Live Betting 7.2

Reliability 7

Payment Methods 7.9

Withdrawal Speed 8

Customer Support 7.9

Bonuses 7.8

Mobile 7.5

Sportsbook Experience 7.5

How the total rating is calculated

Why choose Betpanda
Flexible Crypto Betting Site
  • Available in 150+ countries
  • 20,000+ Events Monthly
  • Full Cash Out
  • Quick Bet
  • Many Cryptos Supported
  • Fast Transactions
  • 24/7 Customer Support
  • 50+ Website Languages

Betpanda Sportsbook Review

Pre-Match Section

Before the games begin, bettors have access to over 40 sports, each offering an average payout rate of 94%. In football betting, markets such as Win/Draw/Win, Over/Under, Draw No Bet, and Both Teams to Score frequently offer odds that exceed this average. Bettors can also explore a variety of wagers, such as the number of cards and corners.

Regarding basketball, the potential returns are even more attractive, with payouts for Match Result and Totals bets sometimes climbing above 95%. The platform features a range of Quarter markets, including the option to place Draw No Bet wagers for each. Additionally, Over/Under, Handicaps, and Odd/Even bets are available.

Tennis enthusiasts are not left out, with the opportunity to place bets on more than 20 different markets, all at odds that are sure to appeal. In the Extras, you can find “Will there be a Tie Break”.

In-Play Section

Betpanda's live sports deliver an average payout of 93%. For football and basketball enthusiasts, the in-game betting odds are slightly elevated, with markets available for Handicaps, Spreads, Totals, and outcomes by Quarter or Half. It's noteworthy that basketball does not feature Player Props.

Tennis bettors have a variety of betting options at their disposal, including Over/Under on Games, Set Winners, and Handicaps. During premier Grand Slam contests, the selection of markets can expand to 30. Yet, it's essential to be aware that live tennis betting may carry a higher margin, ranging from 8-9%.

Feature-wise, the sportsbook offers Live Streaming for less prominent games and eSports competitions. The Quickbet function is a time-saver, significantly reducing bet acceptance time. Moreover, bettors can tweak the odds change settings to capture the most favourable prices.

The Cash-out feature is fully operational, providing flexibility and control over active bets. The Bet Builder is accessible for pre-match and live betting, allowing customized wagering experiences.

The Bet Slip also informs bettors of available Combo Boosts when creating an accumulator. However, Request-a-Bet and other advanced betting tools are not currently available.

Betpanda Crypto Banking

As the sportsbook’s .io domain may foreshadow, there is a plethora of crypto banking options. The cashier supports over 11 separate in-game crypto wallets. This allows for maximum bankroll management flexibility, as you can switch between them at will.

The available coins & tokens include Bitcoin, Ethereum, Tron, USDT and USDC. Certain cryptos may also be purchased by debit card using an integrated third-party aggregator.

There is also more than one available blockchain network for deposits and withdrawals. For example, you can transact Tether and USDC tokens in the ERC-20, TRON, Polygon and BSC networks. The Bitcoin Lightning network is also an option for BTC transactions.

An optimal way to minimize fees and adapt payments to your own needs. Just keep in mind that coin-mixing is not allowed. You can withdraw any winnings only with the same crypto you deposited with.

General Information

The platform is accessible in over 50 languages, ensuring a wide-reaching user experience. Around-the-clock live chat support is provided in these languages, although we have spotted translation tools in some instances. Initial interactions are typically with an automated bot.

Furthermore, setting up an account is straightforward, requiring an email and password. The process does not solicit personal details, residence address, or ID proof. So far, you cannot even upload documents for pre-emptive verification of your account.

The site does not impose a cap on winnings. As for fund withdrawals, the limits are set at $/€5,000 per day, $/€15,000 per week, and $/€45,000 per month. If you find these limits a bit low, you can contact support and ask to raise them.

Betpanda Info
Website
www.betpanda.io
Year established
2023
Online Since
2023
License Holder
Star Bright Media SRL
Address
Del Centro Cultural Costarricense Norteamericano, Edifico Ofident, Officins 3
Operating License
Costa Rica
Bookmaker Type
European, Independent

Betpanda Deposit Methods

  Charge Min. Deposit
VISA Third-Party Fees $30
Mastercard Third-Party Fees $30
Bitcoin Free of Charge No Minimum  
Ethereum Free of Charge No Minimum  
Litecoin Free of Charge No Minimum  
Dogecoin Free of Charge No Minimum  
Tether Free of Charge No Minimum  
Ripple Free of Charge No Minimum  
USDC Free of Charge No Minimum  
Tron Free of Charge No Minimum  

Betpanda Withdrawal Methods

  Min. Withdrawal Time
Bitcoin $10 A few minutes
Ethereum $15 A few minutes
Litecoin $10 A few minutes
Dogecoin $20 A few minutes
Tether $10 A few minutes
Ripple $10 A few minutes
USDC $10 A few minutes
Tron $10 A few minutes
Betpanda Pros
  • Minimal Country Restrictions
  • 20,000+ monthly events
  • More than 40 Sports
  • Exciting Football Player Props
  • Asian handicaps
  • Card & corner Bets
  • Bet Builder
  • Full Cash Out
  • More than 50 Languages
  • 24/7 Customer Support
  • Good Localization
  • No Winning Limits
  • Buy Crypto with Fiat
  • VIP Rewards
Betpanda Cons
  • Costa Rica License
  • Casino-centred
  • High In-play Margin
  • No Basketball Player Props
  • No Asian/Multi-View
  • No Partial/Auto Cash Out
  • Limited Live Streaming
  • No Edit/Request Bet
  • No Downloadable Apps
  • Only Crypto Accepted
  • Withdrawal Terms Unclear
More information about Betpanda

Customer Support

Support channels
Email, Live Chat
E-mail
support@betpanda.io
Support languages
English

Betpanda Betting

Min. Bet
$1.00
Max. profit
Unlimited
Type of odds
American, Decimal, Fractional, Hong Kong, Indonesian, Malaysian

Betpanda Odds

Overall
94.07%
Football
94.30%
Basketball
93.40%
Tennis
92.50%

Betpanda Login

Services
Bet Builder, Cash out Full
Websites Languages
Albanian Azerbaijani Brazilian Bulgarian Chinese Croatian Czech Dannish Dutch English Estonian Finnish French Georgian German Greek Hungarian Hindi Italian Japanese Korean Latvian Lithuanian Macedonian Norwegian Polish Portuguese Romanian Russian Serbian Slovak Slovenian Spanish Swedish Thai Turkish Vietnamese
Restricted Countries
Angola, Bangladesh, Benin, Botswana, Burkina Faso, Burundi, Cameroon, Cape Verde, Central African Republic, Chad, Costa Rica, Cuba, Cyprus, Djibouti, Equatorial Guinea, Eritrea, Ethiopia, Gabon, Gambia, Ghana, Guinea, Guinea-Bissau, Iran, Ivory Coast, Kazakhstan, Kenya, Lesotho, Liberia, Libya, Madagascar, Malawi, Mali, Mauritania, Mongolia, Mozambique, Nepal, Niger, Nigeria, Pakistan, Rwanda, Somalia, Sudan, Syria, Tajikistan, Togo, Tunisia, Turkmenistan, USA, Uganda, Uzbekistan, Venezuela, Zimbabwe
Currencies
Bitcoin, Dogecoin, Ethereum, Litecoin
Platforms
PC, Mobile, Tablet
App
No
Software
Betby
Products
Backgammon, Betting, Bingo, Casino, E-Sports, Games, Live Casino, Poker, Virtual Sports
Esports
Arena of Valor, CS:GO, Call of Duty, Dota 2, FIFA, Formula 1, League of Legends, NBA 2K, Overwatch, Rainbow Six, Rocket League, StarCraft, World of Warcraft, Valorant, Starcraft II, King of Glory

Betpanda Sports & Markets

Sports
Alpine Skiing, American Football, Athletics, Australian Football, Awards, Badminton, Baseball, Basketball, Biathlon, Boxing, Cross county Skiing, Cycling, Darts, Entertainment, Field Hockey, Floorball, Football, Formula 1, Futsal, GAA Football, Gaelic Hurling, Golf, Handball, Ice Hockey, Lacrosse, MMA, Olympic Games, Politics, Rugby, Ski Jumping, Snooker, Special Bets, Speedway, TV, Table Tennis, Tennis, US Sports, Volleyball, Water Polo, Winter Sports
Additional Betting Selections
Alternative Handicap Basketball, Alternative Handicap Tennis, Asian Bets, Cards, Corners, BBC Personality
FAQ
Q: Is Betpanda a trustworthy and secure platform?

As a recent entrant in the market, its reputation is still being established, with limited feedback from users so far. It operates under a Costa Rican license, which isn't considered top-tier. Nonetheless, the security of your personal information is fortified with SHA-256 encryption and a Google Trust certification.

Q: Who is behind Betpanda?

The company is managed by Star Bright Media SRL, located at Del Centro Cultural Costarricense Norteamericano, Edifico Ofident, Office 3, in Costa Rica. It is part of the Bamboo Partners affiliates.

Q: Which are the Betpanda-restricted countries?

The bookmaker welcomes players from over 150 countries. Although the terms and conditions outline certain restrictions, the registration and withdrawal processes have been seamless in all the countries we tried.

Q: How long does it take to withdraw from Betpanda?

The website’s terms don't specify a timeframe for processing withdrawals. However, cryptocurrency transactions are typically swift, with most deposits and withdrawals concluding within minutes. Verification is generally not required for withdrawals.

Q: What are the key terms & conditions I should be aware of?

In our analysis, it's important to note the daily, weekly, and monthly withdrawal caps at $/€5,000, $/€15,000, and $/€45,000, respectively. The platform doesn't state any limits on winnings or specific wagering prerequisites for funds.

Q: Is there a Betpanda app?

The bookie has a shortcut to download Android, iOS, and Windows apps. However, these are web apps, and they only require you to have an updated browser. A shortcut icon will appear on your homescreen, but there is no download of apk or software involved.

Q: How can I submit a complaint against Betpanda?

The most effective method for addressing issues is contacting the customer support team directly. Should their assistance come without results, you can post a comment in our comment section for us to mediate with the operator.

person

About: Betpanda

9/10

I am giving Betpanda almost a perfect grade. Playing with crypto I never had any problems with withdrawals. The money comes to my account almost immediately. I got many rewards from the VIP Program too!! Definitely recommend. 

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25 Apr 2024 Anton (**.***) country

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