Just posting here to support OP and because I genuinely hate the idiots replying here defending the casino.
If anyone here actually took 5 minutes to go read through Betpanda.io's terms & conditions + sports betting rules (which I just did).

There is ABSOLUTELY NO MENTION of arb betting or valuebetting in their terms or sportsbetting rules.
The absolute closest thing I could find is this:

"In the interests of fair play, it is not permitted to utilise or deploy any novel or recognised betting techniques while using our services which are designed to circumvent the standard house edge in our casino games nor the sportsbook. Should we detect that You have engaged in any activity of this nature, we may immediately suspend, terminate or restrict access to Your Account and/or retain any funds on the account."

But this is an insane stretch, doesn't really apply to betting and isn't under their sportsbook rules just their general terms of conditions.

I just want to make it clear to all these absolute idiots in this thread blaming OP and saying shit like "most casinos will consficate funds for EV betting"
I have used over 250 sportsbooks to date all tracked, I have had 5 bad experiences total whilst only using EV betting and winning.

This is not an industry standard, it is a VERY small percentage of casinos that steal funds and would probably do the same to losing customers given the right circumstances.

And also to address the betby point, it is also not standard that if you are limited at 1 betby provider to not be allowed to play at another or have consficated for doing so.
Under my identity, email and IP address I have used about 25 betby providers and been paid out every time from reputable sites.
500casino, roobet, bcgame, luckyblock, betify, yonibet, blockbet, betfury, duelbits, csgoempire, megadice. I could list them all day.

I skipped sites such as betpanda which are for some reason mis-interpreting betbys messages to steal funds from customers, when every other site pays no problem.
Advice for OP in future, stick to reputable sites with no scam reports where they mention stupid things like "value betting" being banned.