The Royal Panda Casino Bonus & Payment Methods

Royal Panda entered the UK online casino market in March 2014 and, as a result, can be filed under ‘relative newcomer’. Why is that a significant point to make before delving into the bonus and promotions review? Because, this is a multi-billion pound a year industry, with more players than an NFL team. It’s competitive, and a newbie doesn’t stand a chance of survival unless it brings something to the party. The Royal Panda casino bonus and promotions package is impressive and varied. There’s a lot to get through here, from the welcome offer to weekly events, so let’s take a closer look.

The Royal Panda Welcome Bonus in Detail
  • 100% First Deposit Bonus up to £100 + 10 free spins
  • Wagering Requirements35x the bonus
  • Low Minimum Depositqualify by spending £10 or more
  • Take Your Time90 days to meet requirements
Welcome Bonus£100Bonus Code: Not required

If you’d rather just grab the bonus and get on with it, you can hit the button above and skip straight to the action. There’s no Royal Panda bonus code required, the link will take you straight to the site where you can sign up and play. Make a first deposit and you’ll be eligible to claim the bonus funds and free spins.

Details About All the Bonus Offers8

The Royal Panda Casino Welcome Offer

The Royal Panda bonus comes in the form of a 100% match on first deposits up to £100. The headline figure is not the biggest in an industry where bonus amounts can range from £20 to £1,600, but as always with these bonuses, the devil is in the detail. Headline bonus amounts act as a de facto mating call in the UK casino business. The larger the welcome bonus, the brighter the feathers, the more potent the pheromones. But it’s only once you dig deeper into the terms and conditions that you begin to air your new partner’s dirty laundry. The spurious nature of the online casino welcome bonus has spawned a changing of the tides, and we’re now starting to see operators offer lower bonus amounts with kinder conditions in an attempt to capture the thinking casino player. The Royal Panda bonus falls somewhat in the middle of these two contrasting approaches. Still, signing up and claiming the bonus is a very simple process.

The maximum £100 bonus cash can be used to play a range of video slots, table games and in Royal Panda’s excellent live casino. The minimum deposit is £10, for which you will receive a £10 bonus. Deposit £50 and get £50 in bonuses. It’s really very simple. There are also 10 free spins available for new customers to be used on NetEnt’s Starburst slot game. You don’t need to make a qualifying deposit to claim the spins, simply sign up and head over to the game to redeem your free spins.

Useful Info About Bonus Conditions and Wagering Requirements

I’m willing to wager that any adult born in the United Kingdom, who has reached the age at which one is legally allowed to gamble, has gathered enough world experience to understand that nobody in this world gives you £100 for nothing. The wagering requirement attached to this offer is 35x the bonus amount. That’s kind of steep. The requirements can be fulfilled by playing a wide range of games. Slots contribute 100% towards the goal, as do scratch cards and sports bets, but there are still restrictions that you need to be aware of if you are planning on taking down this bonus with luck on the slots. Maximum betting limits are in place when playing with bonus money, meaning Royal Panda won’t let you stake more than £5 a time. Several high-profile slots such as Dead or Alive and Bloodsuckers, among others, limit the maximum bet further to £1.

Details on Wagering Contributions at Royal Panda Casino
  • Roulette10%Includes Live Games
  • Blackjack10%Includes Live Games
  • Slots100%All Types
  • Video Poker10%All Varieties
  • 100%Scratch CardsAll Types
  • 10%Casino PokerIncludes Live
  • 10%Live GamesBlackjack & Roulette
  • 10%Dice GamesSuch as Craps

As you can see from the table above, table games such as blackjack, roulette and baccarat will only make a 10% contribution. In practice, if you plan on claiming the Royal Panda bonus by playing table games, your wagering requirement is actually 350x. Good luck with that…

Video poker and casino poker games also make a 10% contribution to wagering requirements. Playing live games, provided by the excellent Evolution Live Gaming studios in Riga, Latvia, will also chip away at those playthrough goals. Just be aware that playing through wagering requirements on live games, at any UK operator, is an uphill struggle. You have 90 days from claiming all Royal Panda Casino bonuses to complete any wagering requirements before the bonus cash and any winnings derived from bonus cash are forfeited.

There is another reason why Royal Panda has gone with a relatively small welcome bonus amount compared to its competition in this market, though, and it’s tied to the unique way wagering requirements work. It’s a little complicated but stay with me. When you play at Royal Panda, you’ll always start playing with your cash balance first. That means, if you make a first deposit, claim the 100% welcome bonus, and immediately hit a big win, you can cash out your winnings instantly without being tied to any wagering requirements. However, there is a catch. Wagering requirements can only be met with cash balance bets – wagers made up of money from deposited funds, plus any money won with deposited funds, plus released bonus money. Bets made only with your bonus funds do not contribute towards the wagering requirements at all. In plain English, that means that if you deposit £50 and lose it before you clear the wagering requirement, you can’t actually get hold of the £50 match bonus you would have received unless you deposit more money. For more information on how all this works, check out my Royal Panda terms and conditions page for a complete breakdown of the small print.

Royal Panda Promotions

The Royal Panda Casino welcome offer is designed to woo new customers. This UK online casino also does a good job of providing several regular promotions to keep existing players content too. The promotions I have covered here are live as of January 2018. With such an active promotions schedule, it is possible that by the time you are reading this that even newer offers are available at Royal Panda Casino.

Weekly Bamboo Bonus

Royal Panda’s weekly Bamboo Bonus is something you really don’t see every day in this industry. The offer provides a 50% match bonus up to a maximum of £150, every Friday, and is essentially like getting a weekly welcome bonus. OK, so it’s only a 50% match and it still comes with the same 35x playthrough requirement as the regular £100 welcome bonus, but still, you won’t find many online casinos in this country that will give you a deposit bonus every single week of the year.

To claim the full £150, you’ll have to deposit £300 on a Friday between 00:00 and 23:59 (CET). Translated into GMT, that’s 23:00 (on the Thursday) to 22:59 the following Friday. The weekly Bamboo Bonus is exclusive to casino games and therefore, unlike the regular welcome bonus, cannot be used on sports betting as well. You’ll have 90 days to meet the wagering requirement, or you know what happens to your bonus cash.

Lucky 21 for Blackjack

Lucky 21 is a blackjack promotion that runs on the 21st of every month. As part of the promotion, the operator gives away £210 in cash to three lucky players. All you have to do to qualify for the draw is play Royal Panda Live Blackjack or Royal Panda Live Blackjack VIP on the 21st day of the month and land at least one blackjack before midnight. It doesn’t matter how much you wager, all entries are considered the same. Winners are announced the following day on Royal Panda’s Facebook page, and each will receive their £210 cash by noon on the 22nd day of the month.

The competition is only open to players of the official Royal Panda branded live blackjack games. You can tell these apart from the regular Evolution Live Gaming blackjack games, playable across multiple operators, by looking for the company logo on both the blackjack table and on the back wall of the studio. There are no wagering requirements attached to the prize money, meaning it can be withdrawn immediately.

The List of Accepted Royal Panda Casino Payment Methods8

Before you sign up to any online casino and drop some cash to claim a welcome bonus it’s worth spending a little bit of time to figure out how you are going to move money to and from your online casino bankroll. For many, the need to look beyond your basic credit and debit card options rarely surfaces. Plastic is almost universally accepted in the online casinos business, and it’s fast, free of fees in the majority of cases, and there’s no need to set up a separate account. For others, however, the attraction of e-wallets and instant banking options such as Fast Bank Transfer provides alternative options. Whatever it is you need from your preferred method of banking, I always advise players to check out details before signing up to an online casino. Below, you can see a summary of all Royal Panda casino payment methods.

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

The big-name omission from the list is PayPal. The world’s number one e-wallet is not available at Royal Panda, but a list of the best PayPal casinos can be found here. Other e-wallet companies are available though, such as Neteller and Skrill. The over-the-counter pre-paid card, paysafecard, also provides an option for players who do not want to hand over their bank or card details to an online casino operator. The Royal Panda Casino bonus is not available to players making their first deposit using Neteller, Skrill or paysafecard, so be aware if you plan on using either of these payment methods.

What You Should Know Prior to the First Withdrawal

The UK is a heavily regulated, safe gambling environment. The cost of this customer security is that there are hoops to jumps through, i’s to dot and t’s to cross at various points during the sign-up, deposit and withdrawal process. It may seem like a pain at first, but trust me, it’s better this way than having to play your casino games at rogue operators in a wild west market with nobody to have your back and protect you from dodgy dealers and scammers.

To prevent money laundering, and to comply with UK law, online casinos are required to ask customers for certain information. This usually means photographic ID, such as a passport or driving licence. If you used a credit or debit card to make your deposit, you may also be asked to provide a copy of the card. Proof of address is another one that often crops up. A recent utility bill or a credit card statement does the job. All images of ID documents that are uploaded to Royal Panda are safely protected so your personal information can’t be stolen.

The Final Verdict

The Royal Panda Casino bonus has been a challenge to evaluate. At first glance, the £100 welcome offer looks weak, so I expected it to be backed up by a low wagering requirement. Upon discovering that it isn’t, you’d be forgiven for writing off this welcome deal as a waste of time. Then, when you dig into the terms and conditions and read more about how Royal Panda operates its wagering requirement, things begin to take shape. It’s a strange move, as on the surface this looks like a bad welcome bonus, but is it?

Welcome Bonus £100 Get Bonus!
Royal Panda Bonus Pros and Cons
  • Major Strengths
  • Live games included in bonus
  • Major Weaknesses
  • Playthrough requirement could be lower
  • Minor Strengths
  • Wagering requirement is OK
  • Minor Weaknesses
  • Few promotions

In a market where most players tend to go for either option A (go big on the bonus amount with a high playthrough requirement so few will cash it out) or option B (go low on the bonus amount but also low on the wagering requirement, so many will cash it out but it’s cheap), Royal Panda seems to have brought option C into play (go low on both, but tweak your terms and conditions to bring added flexibility). Whether or not the move will pay off for this operator remains to be seen. To claim a unique welcome bonus deal, simply hit the button above. If you would like more information on this operator, you can check out my original Royal Panda casino review.

Questions and Answers

Do you have a question which I failed to answer in this Royal Panda casino bonus review? Please, don’t hesitate to send it to me at contact@casinoreviews.co.uk. I try to answer all questions as soon as possible and will post the answer here for all to see.

Do I need a Royal Panda bonus code to claim the welcome offer?

The short answer is no. All the Royal Panda casino bonuses and promotions can be claimed via a dedicated promotions page on the website. You can opt into the latest deals there, as well as read the important terms and conditions and entry requirements for any competitions.