Betpanda Casino Review in October 2023

Crypto News

31 October 2023

Betpanda crypto casino

Betpanda is a popular cryptocurrency casino that offers instant Bitcoin payouts, thousands of games, and anonymous accounts. This Betpanda Review takes a deep dive into the casino, exploring everything there is to know. Read on to determine whether Betpand is the right gambling platform for you.

What is Betpanda?

Betpanda is an online casino that specializes in cryptocurrencies. This comes with several perks, including the ability to gamble anonymously. Betpanda doesn’t collect personal information when registering, meaning there isn’t a KYC process. Betpanda is integrated with the Bitcoin Lightning Network. This means that deposits and withdrawals are credited in seconds.

Betpanda also supports other cryptocurrencies, including XRP, Dogecoin, Ethereum, Tether, and Shiba Inu. Betpanda offers thousands of casino games and has partnered with established software providers. This includes Microgaming, Kalamba Games, GameArt, and NetEnt.

Players will find a huge selection of slots, including jackpots, bonus buys, and Megways, Plenty of table games are available, covering many variations of blackjack, roulette, and baccarat. Live dealer tables are also available, provided Evolution, Pragmatic Play, and SA Gaming. There’s also a selection of provably fair games.

This includes keno, Hi-Lo, crash, mines, and dice. However, Betpanda lacks in the sportsbook department. Nevertheless, this Betpanda review found that new players can claim a 100% deposit bonus of up to 1 BTC. Existing players can claim weekly cashback of 10% and there’s also a monthly raffle. Betpanda also has a VIP program that rewards loyalty.

Betpanda Key Facts

Here’s an overview of our Betpanda review, covering the key takeaways to consider:

Betpanda Bonuses & Promos

Let’s dive into an important part of our Betpanda review – bonuses and promotions.

Betpanda Welcome Bonus Offers

Like many of the best Bitcoin casinos in the market, Betpanda offers a welcome package to entice new players. In a nutshell, first-time players will receive a 100% deposit bonus of up to 1 BTC, or the altcoin equivalent. The bonus amount is credited as soon as the qualifying deposit is made.

There is no minimum deposit requirement stated in the terms and conditions. This means any deposit amount (up to 1 BTC) will be doubled. What’s more, no Betpanda promo code is needed to claim the bonus.

The Betpanda welcome offer comes with wagering requirements of 50x. This is considered high, especially as players are given just 3 days to meet the wagering target.

For example:

Suppose you deposit $500 worth of Bitcoin
Betpanda will match this by 100%, meaning you’ll receive $500 in bonus funds.
At 50x, $25,000 needs to be wagered on Betpanda before the bonus can be withdrawn.

Moreover, games other than slots only contribute 50% to the wagering requirements. This effectively doubles the wagering target to 100x. Ultimately, if you’re looking to play with causal amounts, it could be worth declining the welcome package.

Betpanda Shitcodes

This Betpanda review was unable to find any ‘shitcodes’ posted on social media or other online channels.

Existing Customer Promos

Although Betpanda is a bit light on regular customer promotions, it does offer a weekly cashback offer. 10% of any losses made during the respective week will be refunded.

For example, suppose you lose $500 this week. Betpanda will credit your account with $50. The cashback threshold runs between Wednesday 13:01 UTC to Wednesday 12:59 UTC.

There are no VIP requirements to qualify for cashback – it’s available to all registered users.

Betpanda Loyalty Program

The Betpanda VIP program rewards players for their loyalty. Like most VIP programs, players accumulate points as they place wagers. There are six loyalty tiers, each offering various perks.

Betpanda is a bit vague with the specific rewards. Here’s what it explains about each tier:

Panda Cub: 10% cashback, 100% deposit bonus, free spins
Bamboo Guardian: Weekly cash drops, 50% reload bonuses, free spins
Majestic Panda: Free spins, 100% deposit bonus for slots
Panda Commander: Monthly VIP raffle, VIP service, reloaded bonuses for live dealer games
Emperor Panda: Increased rakeback, dedicated account manager
Uncharted Territory: Super VIP concierge service

As per the above, Betpanda could expand on the specific rewards for each VIP tier. For example, the number of free spins awarded and what terms apply to reload bonuses.

Betpanda Bonus Promo Codes

None of the bonuses or promotions offered require a Betpanda bonus code.

Betpanda No Deposit Bonus Codes

Betpanda does not offer any no deposit bonuses. Its welcome package requires a deposit of any amount, which is then matched by 100%. Similarly, the cashback promotion and VIP program require players to place wagers.

What Games Can You Play at Betpanda Casino?

Now that we’ve covered bonuses, our Betpanda review will move on to supported games.

Slots

If you’re looking to play slots with Bitcoin and other cryptocurrencies – look no further than Betpanda. There are thousands of slot titles to choose from across many different categories.

For example, Megways slots – which usually come with over 100,000 paylines, include Big Bass Bonanza, Great Rhino, Wild Coyote, and Blood Suckers. Fan favorites like Sweet Candy Cash, Gonzo’s Quest, and Wild Wild Riches are also available.

Bonus buys – allowing players to instantly enter the feature round for a premium, are also plentiful. This includes Golden Dragon, Fire in the Hole, Wild Turkey, and Bonus Bunnies. Other popular bonus buys include Book of Shadows, Lucky Porker, and Evil Goblins.

Jackpot slots are also supported, but only 34 titles are available. Nonetheless, this includes Playboy Gold jackpots, Diamond King, jackpot in the Box, 12 Coins, and Burning Sun.

Roulette

Not only is Betpanda one of the best Bitcoin slots sites – it also excels in the table game department. This includes more than 50 software-backed roulette tables. There are many popular variations, including French, European, and American roulette.

Other variations include Bombay, Racing, Touch, Three Wheel, and Penalty. Each roulette game comes with different rules, features, and odds – so it’s worth playing demo mode before trying a new version.

Blackjack

With over 53 variations, Betpanda is also popular for playing blackjack. This includes casino staples like American and European blackjack, not to mention Classic, 3-hand, and Super-7.

Other variations include Multi-Hand, Single-Deck, Perfect Pairs, and Atlantic City. Just like playing roulette, it’s important to check the rules before trying a new blackjack variation.

Video Poker

Video poker is often preferred by players seeking casino games with the lowest house edges. Our Betpanda Casino review found 27 video poker variations.

This includes Oasis, Triple Edge, Three Card, and Turbo Poker. There’s also Caribbean, Magic, American, and Hold ‘Em Poker.

Live Dealers

Betpanda also offers a comprehensive selection of live dealer tables. These are backed by five reputable software providers; Evolution, Pragmatic Play, SA Gaming, Asia Gaming, and BETER Live.

There are hundreds of live dealers, all of which operate 24 hours per day, 7 days per week. Players can find a suitable table by choosing the respective game. This includes live blackjack, roulette, baccarat, craps, and sic bo.

Our Betpanda review also discovered live game shows, but only eight titles are supported. This includes Dream Catcher, Monopoly, Sweet Bonanza, Mega Roulette, Crazy Time, Deal or No Deal, Mega Wheel, and Gonzo’s Treasure Hunt.

Other Betpanda Games

Betpanda also offers an extensive range of provably fair games, covering 53 titles. For those new to provably fair, these are Betpanda casino games backed by blockchain technology. Gaming results are guaranteed to be fair, ensuring that neither the player nor the casino can manipulate outcomes. Moreover, provably fair results can also be verified.

Some of the most popular provably fair games are provided by Spribe. This includes keno, plinko, mines, Russian poker, and dice. There are multiple versions of crypto crash too, including Aviator, Ninja Crash, Limbo Rider, and Crash X. We also found that classic table games can be played with provably fair outcomes. This includes several variations on roulette and blackjack.

Betpanda Sports Betting

Betpanda does not offer a sportsbook, which will be a drawback for many. Read our guide on the best Bitcoin betting sites, should you wish to gamble on soccer, tennis, American football, baseball, and other popular sports.

What Software Does Betpanda Use?

One of the most important aspects of our Betpanda review was assessing which software providers supply its games. The reason for this is that Betpanda, like the majority of online casinos, imports games from third-party developers.

Fortunately, Betpanda has partnered with some of the most renowned casino software providers in the market.

This includes but is not limited to:

Evolution
Pragmatic Play
Play’n GO
NetEnt
Big Time Gaming
Hacksaw Gaming
Microgaming
Nolimit City
ELK

The software providers listed above are licensed in multiple jurisdictions. For example, Play’n GO is licensed by the Gibraltar Licensing Authority, the Philippines Amusement and Gaming Corporation, the Connecticut State Department of Consumer Protection – Gaming Division, and the Malta Gaming Authority.

Many software providers supplying games to Betpanda are also regulated by the UK Gambling Commission. This is crucial, as games must be audited by regulated testing houses before they are launched to the market. This ensures complete fairness and transparency.

Betpanda Deposits & Withdrawals

Legally, Betpanda can only accept cryptocurrency deposits and withdrawals. This is beneficial for players, as it enables them to gamble anonymously. In fact, no personal information is needed – simply register with an email address and transfer your preferred cryptocurrencies.

The best cryptocurrency to deposit at Betpanda is Bitcoin. This is because Betpanda is one of the few Bitcoin casinos to integrate the Lightning Network. PWC explains that ordinarily, Bitcoin transactions take about 10 minutes to process. But with the Lightning Network, this is reduced to seconds.

This means that deposits are processed near-instantly. This is also the case with withdrawals, as Betpanda approves payouts automatically. This is a major advantage, as traditional casinos usually take a couple of days just to process the withdrawal.

That being said, Betpanda deposit options also include some of the best altcoins. This includes Ethereum, Tether, Litecoin, BNB, XRP, Dogecoin, TRON, Shiba Inu, and the Sandbox. Transaction times are also fast but are dependent on the respective blockchain network.

For example, XRP payments are usually settled in under 5 seconds. But Litecoin can take around 2.5 minutes. We also found that Betpanda doesn’t have a minimum deposit requirement. This is also the case when claiming the welcome package – meaning all deposit amounts up to 1 BTC are matched like-for-like.

Betpanda Fiat Deposits

Betpanda does not have the legal remit to directly accept fiat money deposits. It has, however, integrated a third-party payment provider into its platform. In a nutshell, you’ll buy your chosen cryptocurrency with a debit/credit card, and the tokens are added to your Betpanda account.

Here’s how it works:

First, you’ll need to choose which cryptocurrency to buy. Popular options include Bitcoin, Tether, and Ethereum
Depending on your preferred currency, you’ll be partnered with a third-party payment processor
The processor will ask for your personal information, followed by a copy of your government-issued ID
In 1-2 minutes, the KYC process should be complete and you can complete the purchase
The cryptocurrencies will then be added to your Betpanda account – allowing you to begin gambling immediately

Of course, the main drawback of using fiat money is that you lose your anonymity. That said, your personal information isn’t passed onto Betpanda. It’s only held by the respective payment provider.

Betpanda Interface & User Experience

Betpanda removes the red tape and cumbersome processes associated with traditional online casinos. For example, it takes seconds to get started with an account. Betpanda asks for an email address, username, and password only. No other personal information is collected. After verifying your email address – your account is good to go.

There is no KYC process at Betpanda. This means you won’t need to upload verification documents, like a driver’s license and bank statement. Your identity will remain hidden at all times.

Betpanda is also one of the best VPN-friendly casinos in the market. In fact, it even provides players with a custom VPN, allowing them to further hinder their identity. The Betpanda deposit process is also user-friendly – even if you’ve never used cryptocurrencies previously.

For example, you’ll first need to choose which cryptocurrency you want to deposit. As per the image above, you will then be shown a unique deposit address. Click on the ‘Copy’ icon and paste the address into your private wallet. Then, transfer the funds. Betpanda also provides a unique QR code, allowing you to easily deposit funds from a mobile wallet.

When browsing the gaming suite, we were able to find our preferred games in seconds. For example, the platform is split into two main divisions ‘Casino’ and ‘Live Casino’. The former offers software-based games, which can be filtered by the provider (e.g. NetEnt, Evolution).

Slot fans can filter their preferred category, such as ‘Bonus Buy Games’, ‘Jackpot’, and ‘Megaways’. Or, players can simply search for the specific game. We found that games were very fast to load, although this will depend on the speed of your internet connection. Our Betpanda review also tested its mobile gaming suite.

This offers all of the same functionalities, games, and features. For example, if you’re away from your desktop device, you can still make deposits and withdrawals, not to mention play games.

Does Betpanda Have a Mobile App?

Betpanda doesn’t have a native app, but its casino is available on all mobile browsers. Everything has been optimized for smartphone screens.

Irrespective of the operating system, the mobile gaming experience is seamless. Simply log into your Betpanda account and you’ll have access to its entire casino suite.

Betpanda Security

Betpanda is owned by parent company Star Bright Media S.R.L, which is headquartered in Costa Rica. Its corporate identification number is 3-102-880000.

Having read through Betpanda’s terms and conditions, there is no mention of any casino licenses.
Although this might raise a red flag, Betpanda is a crypto-centric casino that doesn’t handle fiat money payments.
Therefore, it isn’t required to hold a gambling license like traditional casinos.

That said, most software providers supplying games to Betpanda are regulated in multiple jurisdictions. This includes Microgaming, NetEnt, Evolution, and Pragmatic Play. This ensures that its casino games are fair, tested, and completely random.

Ultimately, you will need to consider the risks of using an offshore casino based in a country with relaxed gambling laws.

In terms of data protection, Betpanda never collects any personal information from players – not even a name, nationality, or date of birth. This prevents your personal data from getting into the wrong hands.

Deposits are made externally from a private crypto wallet. This means you won’t need to enter any financial information on the Betpanda website.

Betpanda Pros & Cons

The pros and cons of Betpanda are listed below:

Pros:

Thousands of casino games – including slots, blackjack, roulette, and video poker
Comprehensive live dealer department offering an immersive gambling experience
No minimum deposit requirements
Supports the Bitcoin Lightning Network
No KYC process – gamble anonymously
Deposits and withdrawals are processed instantly
Generous welcome package worth up to 1 BTC

Cons:

Does not offer a sportsbook
Bonus wagering requirement of 50x
Regulatory status remains unclear

The Verdict

This Betpanda review has left no stone unturned. Overall, Betpanda offers a solid gaming experience. There is no KYC process; players can gamble anonymously.

Cryptocurrency payments are processed instantly and there’s no minimum deposit requirement. Thousands of casino games are available and new players receive a 1 BTC welcome package.

References

FAQs

Is Betpanda legit?

Betpanda is a legitimate cryptocurrency casino that offers anonymous accounts and instant withdrawals. Always do your own research and check other Betpanda reviews in the public domain.

What games can you play at Betpanda?

Betpanda supports thousands of casino games, including roulette, video poker, craps, blackjack, and slots. Live dealers and provably fair games are also available, but there isn’t a sportsbook.

What is the Betpanda welcome bonus?

The Betpanda welcome bonus offers a 100% deposit boost of up to 1 BTC. There is no minimum deposit to qualify, but wagering requirements of 50x must be met before withdrawing the bonus.