Betpanda.io | Anonymous Crypto Casino | Welcome Bonus Up to 1BTC

[Forsyth Jones]

Casinos have that arrangement but it is an internal thing. That is how they know suspicious transactions, but one thing with some casinos is that the alarm won't be triggered for deposits because they need the money. It is only during withdrawals that the gambler will be restricted for scrutiny. Well, if the person doesn't pass the KYC and the money is seized, who uses the money? The casino or the government?

That's a good question. This is one of the serious flaws of KYC. In theory, it was designed to criminalize the "misuse" of money, but in practice, it only serves to disrupt our lives and violate the privacy of law-abiding people. Criminals will continue to circumvent the various restrictions in various ways.

However, when money is confiscated by the government, incredibly, the money becomes clean. It seems like a miracle: "dirty" money becomes clean again, simply because it passed through the hands of the state. 

[khaled0111]

Why would anyone even do that if they can simply sell crypto for cash and be done with it? Many ATMs allow you to exchange coins for cash up to a certain limit with no KYC

I believe Ultegra is correct. As far as I know, almost all bitcoin ATMs have strict kyc requirements (copy of ID, phone number...) and money launderers aren’t going to launder small amounts, obviously. So, bitcoin ATMs aren’t an option here.
Besides, it’s rare to see casinos being used to launder money when there is the possibility to use mixers which is less risky.
Anyway, licensed casinos have to comply with AML requirements to be able to operate legally and that’s something we need to keep in mind.

Don’t forget to check out the ongoing contests guys. Good luck to all the participants!

[tabas]

Checking the specifics on the offers page, I noticed when enabling the 1 BTC deposit bonus they state it is 80x wagered amount so to be able to receive the bonus in cash to your account.
But when I checked the OP from BetPanda it says something different:
https://talkimg.com/image/UMbn3b
It is 40x in the above screencapture from the splash screen.

So which is it?
Any insight will be extremely helpful as I will be needing to do a deposit in the next 24 hours since they give you a countdown of only 48 hours to do your first deposit inorder to qualify for this promotional offer on their site.

It's best to contact the support and have this cleared by them. We can only speculate if that's actually 80x wagered or 40x. Either of the two can be correct and as LM said, it could be an outdated one per se. But I think that the representatives are also active on this thread and if they happen to see it, they'll might come to clarify this.

[bitmover]

Casinos have that arrangement but it is an internal thing. That is how they know suspicious transactions, but one thing with some casinos is that the alarm won't be triggered for deposits because they need the money. It is only during withdrawals that the gambler will be restricted for scrutiny. Well, if the person doesn't pass the KYC and the money is seized, who uses the money? The casino or the government?

That's a good question. This is one of the serious flaws of KYC. In theory, it was designed to criminalize the "misuse" of money, but in practice, it only serves to disrupt our lives and violate the privacy of law-abiding people. Criminals will continue to circumvent the various restrictions in various ways.

However, when money is confiscated by the government, incredibly, the money becomes clean. It seems like a miracle: "dirty" money becomes clean again, simply because it passed through the hands of the state. 

Some people use VPN to use casinos in restricted regions.  those people must be aware that if they make large wins and try to withdrawal they may be requested KYC.

If you are from a restricted region, some casinos might even block your withdrawal. It is very important to be aware of such things, and even avoid gambling using VPN in restricted regions to avoid such problems

[katanic97]

Casinos have that arrangement but it is an internal thing. That is how they know suspicious transactions, but one thing with some casinos is that the alarm won't be triggered for deposits because they need the money. It is only during withdrawals that the gambler will be restricted for scrutiny. Well, if the person doesn't pass the KYC and the money is seized, who uses the money? The casino or the government?

That's a good question. This is one of the serious flaws of KYC. In theory, it was designed to criminalize the "misuse" of money, but in practice, it only serves to disrupt our lives and violate the privacy of law-abiding people. Criminals will continue to circumvent the various restrictions in various ways.

However, when money is confiscated by the government, incredibly, the money becomes clean. It seems like a miracle: "dirty" money becomes clean again, simply because it passed through the hands of the state. 

Some people use VPN to use casinos in restricted regions.  those people must be aware that if they make large wins and try to withdrawal they may be requested KYC.

If you are from a restricted region, some casinos might even block your withdrawal. It is very important to be aware of such things, and even avoid gambling using VPN in restricted regions to avoid such problems

You’re right, my friend played using a VPN, and just as you said, when he tried to withdraw a large win, they requested KYC, and in the end, he couldn’t withdraw the money he had won. People need to understand that this is a very big risk, because basically you play, you win, and in 95% of cases you can’t withdraw the money…

[rdbase]

Checking the specifics on the offers page, I noticed when enabling the 1 BTC deposit bonus they state it is 80x wagered amount so to be able to receive the bonus in cash to your account.
But when I checked the OP from BetPanda it says something different:
https://talkimg.com/image/UMbn3b
It is 40x in the above screencapture from the splash screen.

So which is it?
Any insight will be extremely helpful as I will be needing to do a deposit in the next 24 hours since they give you a countdown of only 48 hours to do your first deposit inorder to qualify for this promotional offer on their site.

It's best to contact the support and have this cleared by them. We can only speculate if that's actually 80x wagered or 40x. Either of the two can be correct and as LM said, it could be an outdated one per se. But I think that the representatives are also active on this thread and if they happen to see it, they'll might come to clarify this.

No, no. It is clear about the wagered amount needed so to be able to collect the deposit bonus in full from others who responded in this thread.
Those users were very helpful in their answers to make me understand how to proceed next in making those targets needed so to claim the bonus.

Many thanks goes to @hosemary @EarnOnVictor and of course @ Little Mouse who provided to me the first suggestion.

[btc_angela]

Why would anyone even do that if they can simply sell crypto for cash and be done with it? Many ATMs allow you to exchange coins for cash up to a certain limit with no KYC, so you can just do that, without trying to mix your coins. On the other hand, both casinos and ATMs are supposed to KYC people who deposit large amounts, so if they later get contacted by the police that traced coins to them, they should have all the information belonging to the client. Bans make no sense because there are other easy ways to mix coins and you're punishing a whole business out of, as you said, fear of laundering.

Correct me if I'm wrong but I don't think any Bitcoin ATM in Europe doesn't ask for KYC. In Greece they ask for all kinds of ID, and also charge extravagant fees for conducting a transaction. I remember up to 8% to sell Bitcoin, which is insane, provided that you still have to submit KYC. On casinos on the other hand you may get away with smaller amounts divided by multiple transactions without submitting KYC, but sooner or later, you'll have to do it.

I'm not from Europe but this is what I read from those who reviewed Bitcoin ATM.

And that is the one thing that really turn them off, the exorbitant fees that goes with it. That's why it's we haven't heard that Bitcoin enthusiast are using it as compare to a regular fiat ATM. And for the VPN, nah, I wouldn't take the risk of using it while playing, as others have said, you might win big, but then casino might flag your account and worst, including your capital can't be withdraw.

[jcojci]

Some people use VPN to use casinos in restricted regions.  those people must be aware that if they make large wins and try to withdrawal they may be requested KYC.

If you are from a restricted region, some casinos might even block your withdrawal. It is very important to be aware of such things, and even avoid gambling using VPN in restricted regions to avoid such problems

Yes, that can just get us in trouble. Casinos will know about that because they can check our account and know where we come from. They can ask us to do KYC and when we send it to them and they check it, they know that we are breaking their rules. That will not take too long for them to do something to us.

The bad thing that can happen is that they will ban or block us so we can't access their site again. We will regret it but most of us will not understand that it is our mistakes. We break their rules and we say that they are a scam.

We can search for other casinos that will be friendly to us. So we will not have a problem visiting the site and playing gambling comfortably.

[pusaka]

Honestly, I didn't expect anything from this bet, as I only used the remaining money in my account. However, it turned out to be a good thing for me because Manchester United won, meaning I could continue betting without having to make another deposit.

Sometimes I experience this often: when I bet with a small amount of remaining money, I actually win. It's different if I actually intend to bet, because the results sometimes don't go in my favor. Lol

Betting with small amount doesn't increase your chances of winning the bet in any way, so let us not get carried away with just little winnings that comes occasionally to begin to think that we have found a pattern to gamble with, to truth is that Betting winnings happens by chance and not by means or ways of betting, so for that just enjoy the excitement that comes with this winnings and just move on.

I completely agree with what you said, that betting small amounts won't increase our chances of winning. No matter how much we bet, the odds are the same, only the way we experience winning and losing is different.


Oh yeah, by the way, I lost again on my combo bet yesterday. It's quite difficult to win on combo bets.

Is anyone planning on betting on combos this week? Could you share which matches are on your betting list?

[BigBos]

Some people use VPN to use casinos in restricted regions.  those people must be aware that if they make large wins and try to withdrawal they may be requested KYC.

If you are from a restricted region, some casinos might even block your withdrawal. It is very important to be aware of such things, and even avoid gambling using VPN in restricted regions to avoid such problems

You’re right, my friend played using a VPN, and just as you said, when he tried to withdraw a large win, they requested KYC, and in the end, he couldn’t withdraw the money he had won. People need to understand that this is a very big risk, because basically you play, you win, and in 95% of cases you can’t withdraw the money…

This is the risk someone must bear when forcing a VPN into a country banned by the casino to access and start playing. This should be avoided, unless we're prepared to face the prospect of no withdrawals. However, no one wants to simply play without making withdrawals.

This is also a common complaint, and it can lead to bad reviews for the casino. It's not the casino not paying, but the user violating the terms and conditions, one of which is accessing with a VPN.

[UchihaSarada]

This is the risk someone must bear when forcing a VPN into a country banned by the casino to access and start playing. This should be avoided, unless we're prepared to face the prospect of no withdrawals. However, no one wants to simply play without making withdrawals.

This is also a common complaint, and it can lead to bad reviews for the casino. It's not the casino not paying, but the user violating the terms and conditions, one of which is accessing with a VPN.

VPN is very common nowadays and there are enough guides on which VPN softwares to use, and how to use them as well as possible risks of using VPN on accessing centralized platforms and websites. Additionally, in this thread, discussions about VPN are long enough so that readers can have necessary information on VPN, from general to specific by the Betpanda's official answers here to their user community.

Users keep betting on Betpanda and a latest big win with 1,000 multiplier.

[BlackBaron]

Oh yeah, by the way, I lost again on my combo bet yesterday. It's quite difficult to win on combo bets.

Is anyone planning on betting on combos this week? Could you share which matches are on your betting list?

It's a shame, my friend, because those are good odds if you win. With multi-bets, the risk is greater, because one loss can cancel out your winnings, and that's quite painful. lol

I was planning to bet on the Champions League today. I was planning on multi-betting, but I'm still unsure, so I'm still considering it.

Barcelona, ​​Napoli, Paris Saint-Germain, and Inter Milan. I plan to bet on those four teams, as I think the odds are pretty good.

[Perfectbaby]

Users keep betting on Betpanda and a latest big win with 1,000 multiplier.

What a nice hit and congratulation to the winner, 250k Euro is actually high and something that would have to make someone rich, and if properly managed such person would never remain the same again. Although some people are that careless when they makes such winning they wouldn't mind going more higher to bet, since the initial stake amount is 250 Euro the wouldn't going high on 1k euro or 5k before you knew it they would end up losing all back to the casino without any proper use of their winning.

[katanic97]

Some people use VPN to use casinos in restricted regions.  those people must be aware that if they make large wins and try to withdrawal they may be requested KYC.

If you are from a restricted region, some casinos might even block your withdrawal. It is very important to be aware of such things, and even avoid gambling using VPN in restricted regions to avoid such problems

You’re right, my friend played using a VPN, and just as you said, when he tried to withdraw a large win, they requested KYC, and in the end, he couldn’t withdraw the money he had won. People need to understand that this is a very big risk, because basically you play, you win, and in 95% of cases you can’t withdraw the money…

This is the risk someone must bear when forcing a VPN into a country banned by the casino to access and start playing. This should be avoided, unless we're prepared to face the prospect of no withdrawals. However, no one wants to simply play without making withdrawals.

This is also a common complaint, and it can lead to bad reviews for the casino. It's not the casino not paying, but the user violating the terms and conditions, one of which is accessing with a VPN.

Unfortunately, that’s how it is  as you said, the risk must be taken if you want to play from a country where the casino is banned. Many reviews, as you mentioned, come from users who used a VPN and were unable to withdraw their winnings. I don’t know what to do in that case, because if a casino has good offers and bonuses, using a VPN is the only way but is big risk...

[ginsan]

Users keep betting on Betpanda and a latest big win with 1,000 multiplier.

What a nice hit and congratulation to the winner, 250k Euro is actually high and something that would have to make someone rich, and if properly managed such person would never remain the same again. Although some people are that careless when they makes such winning they wouldn't mind going more higher to bet, since the initial stake amount is 250 Euro the wouldn't going high on 1k euro or 5k before you knew it they would end up losing all back to the casino without any proper use of their winning.

This is a very reasonable win. Someone could buy a luxury car with this amount, or even a decent house. 1,000x is quite crazy, apparently. Many people are hoping for the same thing with this win. Hopefully, we'll have a big win in the future too.

The winner should feel satisfied because it's a very large amount. It's rare to have such great luck in life. If you want to gamble again, do it as usual, betting with discipline, and don't be too ambitious about winning the same thing, because luck won't come close. It's better to calm down after such a big win and enjoy it with family, friends, or a loved one.

[tabas]

No, no. It is clear about the wagered amount needed so to be able to collect the deposit bonus in full from others who responded in this thread.
Those users were very helpful in their answers to make me understand how to proceed next in making those targets needed so to claim the bonus.

Many thanks goes to @hosemary @EarnOnVictor and of course @ Little Mouse who provided to me the first suggestion.

I'm glad that it's already okay, I'm still new to betpanda and trying to get familiarized with it just like everyone else.

This is the risk someone must bear when forcing a VPN into a country banned by the casino to access and start playing. This should be avoided, unless we're prepared to face the prospect of no withdrawals. However, no one wants to simply play without making withdrawals.

This is also a common complaint, and it can lead to bad reviews for the casino. It's not the casino not paying, but the user violating the terms and conditions, one of which is accessing with a VPN.

The user who knew that he's from a restricted country and yet still tried to get into betpanda and does some deposits and withdrawals. But once the system catches his log in details and records, it's for sure that he'll face the consequence and not just happening in betpanda. And prolly also in other casinos.

[gunhell16]

Casinos have that arrangement but it is an internal thing. That is how they know suspicious transactions, but one thing with some casinos is that the alarm won't be triggered for deposits because they need the money. It is only during withdrawals that the gambler will be restricted for scrutiny. Well, if the person doesn't pass the KYC and the money is seized, who uses the money? The casino or the government?

That's a good question. This is one of the serious flaws of KYC. In theory, it was designed to criminalize the "misuse" of money, but in practice, it only serves to disrupt our lives and violate the privacy of law-abiding people. Criminals will continue to circumvent the various restrictions in various ways.

However, when money is confiscated by the government, incredibly, the money becomes clean. It seems like a miracle: "dirty" money becomes clean again, simply because it passed through the hands of the state. 

Some people use VPN to use casinos in restricted regions.  those people must be aware that if they make large wins and try to withdrawal they may be requested KYC.

If you are from a restricted region, some casinos might even block your withdrawal. It is very important to be aware of such things, and even avoid gambling using VPN in restricted regions to avoid such problems

What you mentioned is correct, dude, but some online casinos are VPN-friendly, yet once a user uses a VPN and suddenly wins a large amount in the casino's games, they suddenly require KYC, which makes the VPN seem like a trap for them, right?

The users have no chance to fight back, and what's worse, their funds are suddenly frozen or held, like being literally held hostage by the casino.
The confiscation feels like your funds were outright stolen from you, something like that.

[Lakai01]

I agree with that, yes.

In my opinion, however, there is one point missing that is often used as an argument for banning crypto casinos, especially in the Western world: the fear of overly easy money laundering or the simple “cleaning” of cryptos that come from dubious sources such as blackmail or scams. The ban is intended to put a stop to this, which of course only works to a very limited extent, if at all.

Why would anyone even do that if they can simply sell crypto for cash and be done with it? Many ATMs allow you to exchange coins for cash up to a certain limit with no KYC, so you can just do that, without trying to mix your coins. On the other hand, both casinos and ATMs are supposed to KYC people who deposit large amounts, so if they later get contacted by the police that traced coins to them, they should have all the information belonging to the client. Bans make no sense because there are other easy ways to mix coins and you're punishing a whole business out of, as you said, fear of laundering.

Unfortunately, that's not the case with ATMs, at least where I live. You can only withdraw very small amounts from ATMs here, and you also have to verify your identity by scanning your passport. This means that they are completely useless for converting larger amounts beyond 0.01 BTC, and you have to look for alternatives.

However, in countries where KYC is not required to withdraw coins from an ATM, I can definitely see this as an alternative.

[hd49728]

Unfortunately, that's not the case with ATMs, at least where I live. You can only withdraw very small amounts from ATMs here, and you also have to verify your identity by scanning your passport. This means that they are completely useless for converting larger amounts beyond 0.01 BTC, and you have to look for alternatives.

However, in countries where KYC is not required to withdraw coins from an ATM, I can definitely see this as an alternative.

No KYC for using Bitcoin ATMs is a very old story years ago as with Bitcoin growth and adoption, governments put more eyes on Bitcoin ATMs and they force Bitcoin ATM provider companies as well as Bitcoin ATM operators to enforce KYC on users.

They know the existence of Bitcoin ATMs, and with their favorite regulations through KYC and AML against money laundering, they will not forget to do it with Bitcoin and cryptocurrency ATMs.

Changes to KYC in 2025 by MiCA: 15,000 eur KYC

[Renampun]

Some people use VPN to use casinos in restricted regions.  those people must be aware that if they make large wins and try to withdrawal they may be requested KYC.

If you are from a restricted region, some casinos might even block your withdrawal. It is very important to be aware of such things, and even avoid gambling using VPN in restricted regions to avoid such problems

Casinos typically clearly state in their terms of service that individuals residing within a restricted country cannot play on their platform, this means that anything related to account creation, deposits, etc., is prohibited, and using a VPN to bypass this rule is considered a violation of the casino's policies. therefore, if individuals within restricted countries continue to use a VPN to hide their location, they are taking a risk, as the casino reserves the right to restrict or even terminate their accounts if they are caught doing so.