Royal Panda Sports BettingReview

Royal Panda Sports Betting has been operating in online gaming since 2014 and the site also features a casino and a live casino. Royal Panda sportsbook is part of the LeoVegas Group and since June 2017 has operated sports betting in the United Kingdom. The company falls under the licensing and regulation of the Malta Gaming Authority and the UK Gambling Commission. Royal Panda are shirt sponsors of Queens Park Rangers Football Club, who play in the Championship in England. The partnership is part of Royal Panda’s desire to gain market share in the UK, which is one of the biggest regulated gambling jurisdictions in the world.

Royal Panda initially held a license to offer casino games but are now regulated for sports betting. The operator offers the usual range of sports and betting options, a Welcome Offer and dynamic promotions for existing customers. Betting events are available in an easy-to-view style and navigation to products and betting events is quick and easy. The experience gained with the casino reflects to the sports-betting product.

Royal Panda Sports Betting Offer

Sports is the third option on the main menu on the Royal Panda Home Page after Casino and live casino. There is a search facility to find events by competition or team. Royal Panda players can choose from about 50 sports and about 3,000 betting markets. In addition to the traditional sports, Royal Panda publishes odds for Esports, TV, Entertainment, and Politics. The most popular betting sports with Royal Panda are football, tennis and basketball.

The most popular betting league is the English Premier League in football. Royal Panda displays the match result odds for each fixture with a link to the additional markets. Customers can bet on about 300 markets for each fixture, which are available under the following headings: All, Match, Handicaps, Total, Half, Corners, Cards, Fouls, Players, Minutes.

Tennis generates the second highest number of bets after football and the most popular competition is the men’s ATP Tour. Royal Panda displays the two-way match winner market with a link to the related markets, which total about 30 in the categories of match, totals and handicaps. Correct score and set betting is also available.

Basketball is the third most bet on sport with Royal Panda in terms of the number of bets and turnover. Customers can choose from the main leagues in Europe and the Euroleague. However, by far the most popular competition is the NBA. Betting options include the match result, total points and handicaps.

Across other sports with a goals or points-scoring system such as cricket, rugby and handball, customers can bet on the match result, the correct score and the double result at half time and the end of the match. Player specials include goals or points scored by an individual and the Scorecast combines the correct score and first scorer.

Pre-Match and Live Betting

At any time, Royal Panda sport betting publishes about 3,000 betting markets for fixtures on the current day, live fixtures and upcoming events. The vast majority of bets are for football.

There has been a trend for more in-play betting, particularly on mobile devices, but pre-match betting is still an important element of the Royal Panda sportsbook. The most popular bet is the win single on the winner of a match but players and teams can be combined in doubles, trebles and accumulators. System bets combine a number of options in a number of combinations. The most popular pre-match bets across several sports are the event winner, the total number of points or goals and handicaps.

Royal Panda provides in-play betting on many of their betting sports but the most popular are football, tennis and basketball. The range of odds is not as extensive as in pre-match betting, but customers can select from up to 50 betting options. Royal Panda does not offer live streaming but the in-play interface features plenty of match and form information. Players can view a visual representation of the progress of play and live match statistics.

There are also many outright betting markets with Royal Panda. Customers can place ante-post bets on the winner of all the main football leagues and tennis and golf tournaments. The bookie updates odds shortly after each programme of fixtures or round.

Royal Panda Odds

The default odds format is decimal but the other options are fractional, American, Hong Kong, Malay and Indo. Royal Panda offers competitive odds too. Typical payouts are between 92 and 94%, which is the proportion of stakes returned to bettors. The football odds are better value than the tennis odds and Asian handicap odds in particular are more appealing to customers. Royal Panda must rely on effective risk management procedures to limit the liabilities from bets placed at the best odds. Fluctuations in the odds are a feature of the sportsbook.