Royal Panda Sportsbook Ontario Review

⚠️ Royal Panda Sports No Longer Live in Ontario

Royal Panda is no longer offering sports betting in Ontario. If you are interested in casino and live casino games, we recommend checking our expert Royal Panda casino review.

✅ Royal Panda Sportsbook Ontario: Before You Sign Up

Originally established as an online casino and betting operator in 2014, Royal Panda expanded its operations to Canada in April 2022.

Now, with a valid licence from AGCO and iGO, Royal Panda Sportsbook Ontario is legally operational, offering an impressive range of pre-match and live betting options, numerous features, and a user-friendly betting platform.

Join us as we explore the world of Royal Panda Sportsbook Ontario, uncovering why it has quickly risen through the ranks as one of Ontario’s best sports betting sites.

🏆 Description of Royal Panda Sports

The Royal Panda homepage highlights a welcome message presented by a friendly and majestic panda bear, or the Royal Panda if you will. Three tabs are displayed along the top featuring the different sections available on the site: Casino, Live Casino, and Sports.

To start betting on sports, you will have to click on the “Sports” tab, though you can register an account directly from the homepage. Once you have created a Royal Panda Sportsbook Ontario account, a quick and painless process that should take no longer than five minutes, you will have instant access to hundreds of betting markets.

Although it’s easy to feel overwhelmed initially, we will break it down for you below.

The website’s sports section showcases all of the live events currently taking place in the dead center of the screen, while several other categories are featured along the left side of the page. Here you will be able to select between events that are “Live Now” or “Starting Soon,” or you can also look up a specific sport, league, or team using the handy search tool. Additionally, you can search for sports by clicking on the “All Sports” tab below the featured sports list.

Clicking on one of the available sports will lead you to a page with all the live and upcoming events. Here, you will also find a “Futures” tab featuring a plethora of futures bets, like odds of winning the NFL Super Bowl, NBA Most Valuable Player Award, MLB Cy Young Award and more.

If you’d like to instead wager on a specific game, then you can click on one of the live or upcoming events from the list provided. Afterwards, you can select the market you’d like to bet on, including popular moneyline or spread bets, as well as various player specials and over/under markets.

To make a bet, simply click on the odds presented, enter your stake amount on the bet slip in the bottom left-hand corner of the screen and hit “Place Bet”. Royal Panda Sportsbook also provides an additional boost of excitement with its live betting and live statistics, which are available for most in-play bets.

💡 How to Place a Bet with Royal Panda Sportsbook

It’s almost impossible not to find the sport or the market you wish to bet on. Royal Panda offers 54 sports and numerous markets in each of them. The most popular are NBA, Basketball, NHL, Ice Hockey, Baseball and more. So although you may sit somewhere in Ontario, you can place a bet on a sports event on the other side of the earth. You will find a search bar on the Homepage to type in your game of choice. If you want to explore your options, you can click on the most popular sports below. Live events will also be marked as ‘Live Right Now’ so you can follow their progress in real-time. By clicking on any sport, you will find a list of live & upcoming matches, outrights, and all (where all available markets are listed). Don’t forget to apply a system on your bet slip, such as match, handicap, and total points in Basketball competitions.

Featured Sports

Before you register with any bookmaker, one of the most important factors to consider is what sports they allow you to wager on. After all, every sports fan has a specific market they are most passionate about, but not every sport is offered by every sportsbook. Thankfully, Royal Panda Sportsbook Ontario rewards Canadian bettors by offering thousands of popular sports and leagues to wager on. Below is a full list of all the sports markets users can expect to find at Royal Panda:

• Aussie rules football, baseball, basketball, boxing, chess, cricket, cycling, darts, esports, floorball, football, formula 1, futsal, golf, handball, hockey, MMA, motorsports, netball, rugby, snooker, soccer, surfing, tennis, T.V. & Novelty, volleyball, water polo, and winter sports.

Markets

After creating an account at Royal Panda Sportsbook Ontario, you will have immediate access to a wide range of sports. However, before you can jump into all of the action, it’s first important to understand all of the different betting markets you will have at your disposal.

• Moneyline: Betting on the outright winner of a match or event.
• Point Spread: Betting on the margin of victory or defeat.
• Totals (Over/Under): Betting on the combined score of a match or event.
• Futures: Betting on the outcome of a league or tournament in advance.
• Prop Bets: Betting on specific events or outcomes within a match or event.

Odds

In addition to offering a wide selection of sports and betting markets, Royal Panda Sportsbook Ontario also carries highly competitive odds compared to other regulated operators in the province. Moreover, users can select their preferred odds format (American, decimal, or fractional) in the setting provided. Regarding the quality of odds offered by Royal Panda Sportsbook, I found them to be on par with (if not better than) other regulators licensed in the Ontario market. The lines for most major leagues, like the NBA, NFL, NHL, and MLB, are above the industry standard and the moneyline odds are quite strong as well. Users can also create their own alternative spreads and lines for over/under betting.

After looking at several mainstream competitions, we found that the odds margins averaged slightly over 5%. Again, this is a competitive commission, but it’s marginally higher than you expect from a few other top Ontario bookmakers. While Royal Panda is a good choice for recreational bettors who want a bit of action, experienced bettors and professionals will likely look for better value elsewhere.

🗒️ Types of Bets Available with Royal Panda Sportsbook Ontario

If there is one thing that anyone with sports betting knowledge and experience will tell you, it’s that the best sportsbooks can be measured by their selection of bet types. To provide you with an idea of how Royal Panda matches up against other online bookmakers in Ontario, here are a few of the different bet types they offer:

• Fixed Odds Betting – Fixed odds is a form of sports betting, available on all sportsbooks, that involves wagering against an amount set by the bookmaker. With fixed-odds betting, there is no fluctuation in the payout, and prices are guaranteed once wagers are submitted.
• Live Betting – With the rapid advancement of technology, live betting has become one of the most popular sports betting markets offered by the majority of high-end sportsbooks. Live betting enables you to wager on the outcome of games or events while they are taking place in real time. This allows you to ride the ups and downs of watching a live event and make bets based on what you see while the game is in progress.
• Accumulator/Parlay Betting – Accumulator (or Parlay) betting is another incredibly popular sports betting market and involves you wagering on multiple bets on a single bet slip. The goal is to combine your bets in hopes of landing a larger payout, since conjoining the odds would multiply your winnings. For instance, most amateur bettors wouldn’t think twice about submitting three individual bets with odds of 1.5, but the truth is that you could more than double your payout by parlaying the three into one, increasing the odds to 3.375 (1.5 x 1.5 x 1.5 = 3.375). Of course, to cash in on your bet, all three bets would have to hit, so there is an obvious risk/reward factor when it comes to parlay betting as well.
• Correct Score Betting – Correct score betting allows you to wager on what you think the final score of the game will be. As you can probably imagine, these betting markets have enormous odds since the chances of you predicting the exact score are very low. These markets are typically presented with lower-scoring sports like soccer and hockey, and generally appear in the format of 1:1, 2:2, 2:1, 1:2, etc. 1:1 would indicate that each team will tie and score one goal by the end of the match, while 2:1 would signal one team winning over the other with a score of 2-1. However, with how unpredictable low-scoring sports can be, correct score betting can be difficult.
• Half-Time/Full-Time Betting – If correct score betting scared you off, then you can always try to predict the outcome at the end of the first half instead. While these bets also tend to have high odds, you probably stand a better chance of predicting the first-half score than the final. Full-time betting is like correct score betting, but you only have to project the final score at the end of full-time (does not include overtime, penalties, etc.).

💳 Royal Panda Sportsbook Payments

Thanks to the evolution of online sports betting, it’s never been easier for customers to bet on the sports they love. However, believe it or not, not every bookmaker offers quick and easy deposit methods. While most of the high-end sportsbooks in Canada accept the more popular payment methods, some will only allow you to deposit money into your account using certain forms of currency. Luckily, as one of the more reputable sportsbooks in the country, Royal Panda offers most of the popular deposit and withdrawal options. Currently, they accept the following:

Deposits

• Visa (Debit & Credit)
• MasterCard
• MuchBetter
• EcoPayz
• Neteller
• Skrill
• PaySafeCard

Withdrawals

• Visa (Debit & Credit)
• MasterCard
• Iterate
• Instadebit
• iDebit
• InPay
• MuchBetter
• EcoPayz
• Neteller
• Skrill
• PlaySafeCard

It is worth noting that the minimum deposit and withdrawal amount is C$10. For most banking methods, withdrawal requests will be processed between one and five business days.

💬 Royal Panda Sports Ontario Support

Royal Panda Sportsbook is committed to delivering top-notch customer service to its Ontario-based bettors by offering plenty of support options. However, while Royal Panda does provide various ways of connecting with one of their knowledgeable support reps, some options are easier to locate than others. Royal Panda Sportsbook Ontario offers three ways for users to connect with the customer support team:

• email
• phone number
• 24/7 live chat

For general inquiries, users are encouraged to read through the company’s FAQ section or speak to one of their customer support agents through the live chat feature.

The good news is that both of these options can be quite helpful, and they are the first two options that appear after you navigate from the home page to the support page. The FAQs page is also very well designed, with nine different sections, each featuring dozens of questions asked by other users. So, everything is easy to find, and chances are, somebody else in the past had the same question as you do now.

Unfortunately, it can be difficult to find the phone line or email address for more serious inquiries or complaints, as both are hidden deep within the site and not clearly laid out. This can be problematic if you run into a problem with your account that involves you having to provide personal information or private details since this isn’t something you can take care of in a more casual live chat (assuming you even want to).

So, while Royal Panda does offer all three methods of support (email, phone, live chat), they seem to heavily push the live chat feature and encourage users to check out the FAQs section before reaching out via the other two methods. Personally, I was able to find their well-hidden email address (support-on@royalpanda.com), and while it did take some time to locate, I found their support reps to be quite responsive and informative. If you would rather talk to somebody over the phone, you can try their phone line as well (1-866-531-2600).

⚖️ How Does Royal Panda Sportsbook Compare to Other Sportsbooks in Ontario?

Royal Panda Ontario has taken steps to enhance its product and beat out the competition in a variety of ways. However, it is still far from a “perfect” sportsbook, and there are lots of other solid options available for the average bettor.

Another incredibly popular sportsbook that comes to mind is FanDuel, which now has various partnerships across the United States and Canada and is a highly-reviewed mobile betting app. This is another reliable choice for those concerned with Ontario Royal Panda’s lack of a mobile app, as FanDuel has created a gorgeous application that is vibrant, user-friendly, and plastered with resources. FanDuel is also known as an absolutely massive market for prop bets and tons of unique bet types. For those that like to line shop, even though Royal Panda Sportsbook Ontario offers solid odds on most betting markets, Caesars Sportsbook is hands-down the best bookmaker on the basis of betting odds.

That being said, given that Royal Panda is just now breaking into the Ontario market, there is a lot of potential for this bookmaker. The user experience is highly rated, and there’s no shortage of sporting events or betting markets to wager on. Therefore, in my opinion, it is only a matter of time before Royal Panda Sportsbook becomes a household name in the gaming community.