I am writing this to warn other players about my experience with Betpanda.io. I have been using this site for a couple of months for sports betting and casino games without any issues—until I actually won.
Two days ago, I was asked to complete a KYC verification. Immediately after submitting my documents, I attempted to withdraw my balance. My withdrawals were repeatedly rejected. After contacting support, I was told an "internal investigation" was underway.
A few hours later, I received an email stating that I had violated their terms and conditions. No specific reason, no evidence, and no explanation were provided. I can guarantee 100% that no rules were broken:
I do not use VPNs (even though they claim to allow them).
I do not use any third-party software or bots.
I do not engage in "value betting" or arbitrage.
I have never had issues with any other reputable bookmaker.
The most absurd part? They gave me 72 hours to withdraw only my last deposit (approx. $200), while confiscating the remaining $500 of my legitimate winnings. If I had truly violated their terms, why would they return the deposit at all? This "act of good faith" is a transparent attempt to steal my profits while trying to look "fair" on paper. If there was a violation, prove it. If not, pay out the full balance.
Betpanda.io is acting like a typical "scam" site that welcomes your deposits but finds excuses to seize your funds the moment you become a profitable player.
Verdict: Avoid this site at all costs if you value your money and your time.
