BetPanda Casino Review: Scam or Safe?

BetPanda Casino Review: Scam or Safe?

 

BetPanda Casino looks futuristic and filled with potential, but visuals aren't what make a casino. In the case of BetPanda Casino it's all a thin illusion since behind the veil of pretty design elements you find a very shallow online casino experience that is easily surpassed by most other casinos. As you will see, it's really difficult to like BetPanda Casino not matter how hard you try. Read the review for more.

Languages: English

BONUSES

BonusMin depositMax bonusWagering requirementsCash out limit
Welcome Bonus-100% up to 1 BTCUnspecifiedUnspecified
Weekly Cashback-10%UnspecifiedUnspecified
VIP-Unspecified--

Welcome Bonus of 100% up to 1 BTC: This is technically a match bonuses since investing a sum will result in getting double that, meaning that a 0.5 BTC deposit will generate a 1 BTC bonus. The maximum is 1 BTC which is a huge amount of money so the user has a very liberal gambling spectrum here. Unfortunately there are no further bonus conditions or details. The casino has not revealed anything on wagering requirements, or the minimum deposit, nor is there a maximum cashback amount.

Weekly Cashback of 10%: This cashback bonus is based on the net losses from Wednesday throughout Tuesday, till midnight; so a whole week essentially. There is no info on the maximum cashback you can get nor is there a wagering requirement revealed. In fact, there is no information at all about any of the requirements for this bonus. Users are uninformed and in the dark.

VIP: This Loyalty program is called The Path of The Panda and it consists of 6 levels, with each new one unlocking cashbacks, reload bonuses, weekly cash drops, free spins, and rakebacks. There is seemingly a lot to unpack here, but the casino has again omitted to include any further details. All we know is that there are 6 levels, and that users get to reach new heights by depositing and wagering. That is all there is to it. The exact point needed to reach a level has not been disclosed.

The fact that the bonuses are so few and so uninformative is a bummer, and a game breaking feature, at least in our eyes. A casino has to offer more than that, not to mention that it needs to include some technical information, otherwise, as is here, the user jumps into the unknown. At this rate, the bonuses offered by BetPanda Casino are not really worth it.

LICENSE

BetPanda Casino claims to be operated by Star Bright Media S.R.L, a firm that is allegedly organized under the laws of Costa Rica. We say allegedly because there is no real proof of this being a fact. For one, Costa Rica does not have a casino regulator nor a special legal framework covering the oversight of online gambling activity. In other words, BetPanda Casino may very well be registered in Costa Rica but it definitely is not licensed there.

In fact, the casino is not regulated anywhere as there is no real info and no seal on the footer. So where does that leave us? For one it's important to note that casinos without a license are not automatically a risk to clients; it's mostly based on a case by case principle, with most unregulated casinos being perfectly safe to play on. With BetPanda Casino this seems to be the case, with the only risk factor coming from the crypto element, as we shall see.

But the casino is unregulated, and that is a blow to its reputation, no matter if the core experience is safe or not. By being unlicensed you are automatically excluded from the the list of trustworthy casinos.

We also absolutely have to mention the reliance of cryptocurrencies by BetPanda Casino. There are no other payment methods here aside form the popular crypto wallets, which adds a fixed degree of risk that the casino cannot escape from because the volatility of the crypto industry is completely our of the hands of BetPanda. Any sudden changes in prices or crises can lead to very damaging results for users, especially with any profits generated that in BetPanda Casino are all held in crypto form. So you can never be certain that a win is final. That is why it is generally advised to steer clear of crypto casinos when you can. Furthermore, crypto exclusive casinos cannot hope to be granted a license since no legitimate license issuer exists that tolerates these types of casinos. And for a reason! Even regulators cannot anticipate or predict the behavior of cryptocurrencies.

All in all, users should approach BetPanda Casino with caution and only if they are experience with the whole cryptocurrency thing.

Restricted countries: Belgium, Bulgaria, Costa Rica, Cuba, Cyprus, France, Germany, Greece, Iran, Italy, Korea, North, Poland, Portugal, Romania, Russian Federation, Spain, Syria, United States, Venezuela

DEPOSIT AND WITHDRAWAL

Currencies: US Dollar (USD)

Deposit methodMinimumMaximumProcessing timeFee
CryptoUnspecifiedUnspecifiedInstantFree
Withdrawal methodMinimumMaximumProcessing timeFee
CryptoUnspecified8000 BTCUnspecifiedFree

Again, BetPanda Casino is a crypto-based online casino, meaning that the only way to invest in it is by means of any one number of popular crypto wallets like Bitcoin, Litecoin, Ethereum, Dogecoin, Tether, Tron coin, and others. Of course it goes without saying that cryptocurrencies are a risky endeavor no matter what way you use them. Their price is constantly volatile and unstable, and as such a big drop can lead to a devaluation of a user's deposit and generated profits. In all truthfulness, there are more cons than pros when dealing with any form of cryptocurrency.

There was no real minimum deposit or withdrawal amount revealed here. In the FAQ section we read that the client has the flexibility to deposit whatever he or she wants, which is not a common approach for online casinos, and is quite a welcome one. Unfortunately, it is overshadowed by the whole crypto exclusivity.

Aside form the obvious limiting element of offering crypto methods only, there payment conditions are nothing to be impressed by. There's nothing special about them and in fact, we think that they have not been developed enough. We are referring to the lack of a dedicated payments page.

Deposits and withdrawals are not feed by the casino. There are no charges set by BetPanda Casino. However, the client might be commissioned based on the payment method of choice; these are called system fees and are a regular occurring thing with any online casino. These charges depend on the user's jurisdiction and on the current payment method of choice.

Note that BetPanda Casino has the full right to refuse a deposit and not give a reason for why it has chosen this way. This can lead to unexpected or unwanted consequences and can certainly break the experience for some users. Moreover, to make matters worse BetPanda Casino has also given itself the right to close a client's account at its own discretion without giving a reason whatsoever, not even a prior notice. At least there are no hidden fees here.

GAMES AND GAME SUPPLIERS

Game providers: 1x2gaming, Atomic Slot Lab, Blueprint, Booming Games, Booongo, Caleta, Candlebets, ELK, Evolution, Evoplay, Fantasma, Foxium, Fugaso, GameArt, Gamomat, Golden Hero, Habanero, Hacksaw, Iron Dog Studio, Kalamba, Kiron, NetEnt, NetGame, Nolimit City, Betsoft, Big Time Gaming, Northern Lights, Old School Studios, OneTouch, Oryx, Play'n GO, Play Pearls, Playson, PragmaticPlay, Print Studios, Quickspin, Rabat, Red Tiger Gaming, Relax Gaming, Reloaded Gaming, Retro Gaming, Slingshot, Snowborn, Spade Gaming, Spearhead, Spinomenal, Spinplay Games, Spribe, Thunderkick, Triple Edge Solution, TrueLab, Turbogames, Win Fast, Yggdrasil, Zillion, Push Gaming, Wazdan

What we have here is nothing to write home about nor something to really remember and use as an example. What's here is an average collection of games, which some other critics might call below average.

To begin with, we have the video slot titles which are the building block of any online casino and arguable the most important part of all. With BetPanda Casino there are the top video slot titles like Gates of Olympus, Sweet Bonanza, Razor Returns, Sugar Rush, Midas Golden Touch, Wild Wild Riches, and more, making up a good collection of slots blending both popular titles with average ones and more obscure or newer games, enough to offer any user a good level of variety. Moreover, there are Megaways slots which are basically more advanced slots with more winning combinations, and Provably Fair games. The latter ones are games that have built in fairness testing capabilities.

In the live section the casino has offered Craps, Monopoly, Dream Catcher, Crazy Time, Blackjack, Roulette, Sic Bo, Baccarat, Poker, and versions of these again allowing most users to find what they are looking for. Live games are definitely for the more advanced, or at least those clients that have a knack and the time for table games.

Lastly, we have Plinko, Mine Games, and Aviator, which are “Instant” games as some casinos refer them as. These are also gambling games but more different and fresh for those users that look for an alternative to table of slot games.

The overall collection of games is average at best, and there is no sports betting platform which would have been a huge boost for players and the casino itself. For now, all we can say is that BetPanda Casino can easily be surpassed by other casinos in terms of their gaming collections.

CONCLUSION

It's worth looking at the general pros and cons here. On the good side, well there are the games themselves, but they are “good” at best and below average at worst. All other aspects of BetPanda Casino, to us, are insufficient and lackluster. Consider the lack of a license as a prime example. How can the users feel safe if there's no guarantee? What about the crypto-only payment methods that only add to the risk? Then there are the limited bonuses, and you end up with a casino that really isn't worth it. These are our two cents on the issue.

BetPanda Casino Pros and Cons

ProsCons
Good VisualsUnlicensed
Crypto Only

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