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Some Important Points from the Royal Panda Terms and Conditions
Information Update: Royal Panda have closed their sportsbook, we will update this space with latest developments regarding this operator. Check out our best 10 UK bookmakers for alternatives. Not the most exciting part of any reviews process, but just as important for new players. You should always read through the T&C’s of any bookmaker before making a financial commitment to play their services, here you can access the Royal Panda terms and conditions website, and for the complete T&C’s of the Royal Panda bonus. In order to learn more about the Royal Panda business and sportsbook; take a look at our main review Royal Panda page, the bonus, mobile betting and live betting by following these links.
The T&Cs in Full
Here we will lay out the Royal Panda T&C’s transparently, adding citations to the sections that raise important talking points, ensuring that you understand everything there is to know about Royal Panda’s fine print.
1. General information
2. Bonus scheme conditions and Loyal Panda
Section 2.9Royal Panda reserves the right to reject multiple participations in the same bonus/promotion campaign from the same IP address in the event that Royal Panda suspects fraud is being perpetrated. In this case, the player(s) will no longer be eligible to participate in the bonus/promotion and any funds on their player account(s) may be frozen.
Comments: Essentially, Royal Panda will strictly enforce its policy of only one welcome bonus per customer. If the bookmaker notices multiple accounts being opened from the same IP address, they will take action and force you to verify the accounts before funds become un-frozen.
4. Exceptional circumstances
5. Player registration and deregistration
6. Player responsibility
Section 8.2The player agrees that the funds deposited in his/her member account will only be used for playing the games, or the placing of live or virtual event bets. Royal Panda reserves the right to charge a 10% fee in case the player requests a withdrawal without a member account turnover that is equal or more than the amount of funds deposited.
Comments: Here you should be aware that Royal Panda will charge you 10% for withdrawing cash that has not been played with. In other words, if you deposit £100 and decide you don’t want to bet at Royal Panda, then go to withdraw everything, you will be charged £10 and receive £90 back. Whether they actually will apply this charge or not is another question and you may be okay with small sums of money, the reason they have this policy is in fact to deter money laundering and other financial crime.
9. Inactive, dormant and closed accounts
10. Responsible gaming
12. Anti-money laundering
Section 12.5Royal Panda may request that the player provides identification documents. Failure to do so may result in the player’s member account being blocked until adequate documentation is provided.
Comments: As with all online bookmakers, account verification is an important part of the Know Your Customer process. You will need to at some point between opening an account and withdrawing funds be required to prove your identity. This is a very quick and easy process at Royal Panda and only requires an email with a photo of the ID.