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Tobi Amure has been working in the casino industry for six years, reviewing platforms across the US, Canada, and New Zealand. He started with traditional online casinos before moving into crypto gambling when Bitcoin casinos began appearing around 2017.
Tobi also writes crypto content and casino reviews for Casino.org, Investopedia, Daily Forex, Investing.com, Traders Union, Trading.biz and NinjaPromo. Alongside other gambling publications, Tobi focuses on crypto payment methods and how well these platforms actually work. His approach is hands-on, testing games, payment systems, and customer support to see what players really experience when they sign up and play.
He holds a pharmacy degree but spends most of his time these days explaining crypto casino mechanics and helping players understand which platforms are legitimate. Tobi covers everything from withdrawal speeds to game selection, with particular focus on how cryptocurrencies are changing online gambling.
Jim Donaghue has been in the online gambling scene since 1996, practically from when it all began. Starting with British fruit machines, he's witnessed the entire evolution of online gaming firsthand as both a player and observer. He plays slots, poker, and blackjack at low stakes and enjoys betting on sports with friends. Jim got into crypto investing in 2017, bringing his Forex trading background to understand digital asset markets. This combination of nearly three decades in gaming plus early crypto adoption gives him a unique perspective on how blockchain technology is reshaping the gambling industry he's known for so long. His writing focuses on the practical side of crypto gaming adoption, drawing from real experience as someone who was there when online casinos first launched and who understands both traditional gaming mechanics and crypto market dynamics. Jim writes about what actually works, what doesn't, and where the industry is heading based on patterns he's seen repeat over decades.
Alongside BanklessTimes, Jim also writes for Pokerfuse, Irishcasinosites, Casinosetc, Blockchainland, Demoslot and more.
Jim Donaghue has been in the online gambling scene since 1996, practically from when it all began. Starting with British fruit machines, he's witnessed the entire evolution of online gaming firsthand as both a player and observer. He plays slots, poker, and blackjack at low stakes and enjoys betting on sports with friends. Jim got into crypto investing in 2017, bringing his Forex trading background to understand digital asset markets. This combination of nearly three decades in gaming plus early crypto adoption gives him a unique perspective on how blockchain technology is reshaping the gambling industry he's known for so long. His writing focuses on the practical side of crypto gaming adoption, drawing from real experience as someone who was there when online casinos first launched and who understands both traditional gaming mechanics and crypto market dynamics. Jim writes about what actually works, what doesn't, and where the industry is heading based on patterns he's seen repeat over decades.
Alongside BanklessTimes, Jim also writes for Pokerfuse, Irishcasinosites, Casinosetc, Blockchainland, Demoslot and more.
Betpanda is what many would call a game-changer for players who demand both instant withdrawals and anonymous play. You could say it’s where crypto meets online gambling convenience, at least that’s what we found during our Betpanda review.
Since launching in 2023, Betpanda has risen to be one of the top crypto-native gambling sites. It has an impressive library of over 6,000 titles, from slots to live dealers and provably fair games. There are also 12 different bonuses and promotions available to boost your bankroll.
In this Betpanda review, I’ll be taking a deep dive into the casino, providing you with details and also giving my personal take on it. I’ll cover the bonuses, games, payment methods, support, and many more. Continue reading to learn more.
Yes, but it’s not without its risks. Betpanda operates under a Costa Rican license. Many experts say this is more of a business permit than a gambling license. Unlike Malta (MGA) or the UK (UKGC), Costa Rica lacks oversight for game fairness, player disputes, or payout policies. So, what this basically means is that there are no regulatory safety nets. You may get help as quickly as other offshore-licensed platforms.
That aside, when it comes to security, I was truly impressed with the various measures available. First, there is SSL, which encrypts all data transferred from the website to the server against hackers. Then, the 2FA gives extra protection to your funds. Betpanda supports non-custodial crypto wallets, so you get control of your keys and assets.
What better way to make players trust your brand than to offer provably fair verification? After each result, they can confirm that the game hasn’t been tampered with.
Looking at users’ comments on review sites, many praise Betpanda for its instant crypto payouts, 24/7 live chat, and VIP treatment. On the other hand, there are those who complain of slow cashout when they make a large cashout.
You must be 18+ and comply with local gambling laws before participating in any gambling activities. BanklessTimes may earn affiliate commissions from recommended operators at no extra cost to you, though we conduct thorough editorial checks to ensure content is accurate and of high quality. Gambling carries financial risks and can be addictive – if you choose to play, only gamble with funds you can afford to lose.
Who Can and Can’t Play?
Betpanda is an open online gambling platform that welcomes players from most countries in the world. However, due to certain rules or restrictions, there are a few nations with restricted access to the website. These include:
Country
Status
Bangladesh
Restricted
Ghana
Restricted
Nigeria
Restricted
Nepal
Restricted
Somalia
Restricted
Pakistan
Restricted
Costa Rica
Restricted
Cyprus
Restricted
Iran
Restricted
United States
Restricted
Betpanda presents itself as a VPN-friendly brand. As it says on the website, “Your security and freedom matter.” Not only do they support VPN, but they also recommend the best applications and locations to use. You’ll find the link to this page on the footer page of the website.
Bonuses & Promotions at Betpanda
Betpanda prioritizes spoiling its users, and it does so with its 12 promotions offering attractive rewards. Here is my review of them:
Welcome Bonus
After registration and making the qualifying deposit, Betpanda offers its new players a 100% match bonus up to 1 BTC. Yes, this may look like a steal, but trust me, it’s not. This bonus comes with an 80x wagering requirement (honestly, it’s one of the highest I’ve seen).
Then, there is the deadline (7 days) for meeting this term. When you also consider the max bet ($10) while using the bonus, it’s not worth it. However, if you just want to try out new games with the bonus funds, then you can claim this promotion.
No Deposit and Free Spins
Like it says, no-deposit bonus is a promotion where you receive rewards without funding your account. It’s one offer many players would love to get, but unfortunately, the casino doesn’t currently have it.
However, you can still earn free spins to play your favorite games. While there is no standalone promotion, the casino will reward you as part of the VIP program. I’ll go more into that in the next section.
VIP Program
Betpanda runs a tiered VIP program that rewards consistent play with various benefits. You earn XP for every wager: slots contribute 10 XP/$1, live casino 2 XP/$1, and table games (except baccarat) just 1 XP/$1.
There are 6 tiers, from Panda Cub to Uncharted, and each, except the first, has 5 levels, providing various rewards. Here is how you receive the bonus:
Panda Cub – 10 Free Spins
Bamboo Guardian – 20 Free Spins
Majestic Panda – 30 Free Spins
Panda Commander – 40 Free Spins
Emperor Panda – 50 Free Spins
Uncharted – 100 Free Spins
You also get to receive a weekly 10% cashback from your net losses. Note that the casino may automatically invite VIP players and reward them with boosted benefits.
That said, during my review, I wagered $1,250 on slots over three weeks to hit Bamboo Guardian. While that was exhausting, it was worthwhile for the cashback alone, as it saved me a lot during a losing streak.
Slot Tournaments
Betpanda currently runs a weekend slot tournament where you can win a part of the $7,000 prize pool. It starts weekly on Thursday at 08:00 UTC and ends on Monday at 08:00 UTC. Every week, the operator picks a new provider, and its available games become eligible.
You earn 1 point for every $1 bet on slots and climb up the leaderboard for better rewards. Betpanda gives more points for certain wins in the eligible games. At the end of the tournament, the prize is shared among the top 20 players.
During testing, I got a 500x win, and that sent me up 15 spots on the leaderboard. One good benefit was that I was able to withdraw the cash without any wagering requirement.
Free Bets
Betpanda not only offers casino bonuses but also sportsbook ones. There are currently two active promotions:
Monday Free Bet
There are four tiers for this promotion, and they offer:
Tier 1: $400 Net Losses for a $20 Free Bet
Tier 2: $800 Net Losses for a $50 Free Bet
Tier 3: $1,500 Net losses for a $100 Free Bet
Tier 4: $5,000 Net losses for a $500 Free Bet
Combo Boost
Get a boost of up to 40% on your ACCA bet when you make 3 or more selections with minimum odds of 1.40. Note that these free bets expire in 7 days and cap at +899 odds. So, I recommend not placing long-shot bets.
All Available Promotions
Here is a list of other promotions available at Betpanda:
I was quite impressed with Betpanda’s 6,000+ titles, covering various types. Not only do you get simple RNG games, but there are live titles to enjoy.
Slots
Betpanda’s 5,000+ slots will have you lost for choice. You’ll find various options, from Megaways to hold & win, buy feature, and high-volatility hits. My favorites were Deadwood and Sweet Bonanza.
Jackpots
There are also a good number of jackpot titles on the platform. While Betoanda didn’t create a section or filter, you can search for them with the search bar. I advise you to have a sizable bankroll, as most jackpot titles have high volatility.
Table Games
I tried out multiple variants of blackjack, roulette, and poker. There are about 400 table games available, including less popular ones like Dragon Tiger, Teen Patti, and Craps. My favorites were American Blackjack, Double Ball Roulette, and Caribbean Beach Poker.
Live Dealers
Betpanda has over 400 live tables that accommodate both casual and high rollers. There is a section dedicated to VIP players with betting limits starting from thousands of dollars. You can try out VIP Blackjack, Crazy Time, Mega Roulette, and Hyper Speed Baccarat.
Instant Games
Betpanda’s crypto edge comes from its provably fair games like Aviator, Plinko, and Hilo. During my testing, Aviator stood out with outcomes verifiable via blockchain and a 97% RTP. There are 190 of these titles, giving you various options.
Top Game Providers
Betpanda has partnered with 60+ software studios, including:
Customer Support & Community Sentiment at Betpanda
Betpanda’s support shines when it comes to response speed, but it often delays in dispute resolution. The platform offers 24/7 live chat (2 minutes average response time), email, and a basic FAQ section. It also supports 14 different languages, including English, German, and Turkish.
Looking at the review on Trustpilot, I see a divided picture. There is a 3.8/5 score from 1,200+ reviews, with 65% praising instant payouts and helpful agents, while 15% complained about delayed payouts. On the Reddit threads, users praised Betpanda’s “VPN-friendly anonymity” feature but warned of KYC traps after large wins.
The lack of consistency in Betpanda dispute practices shows that its Costa Rican license doesn’t have rigorous oversight. There are cases of players submitting documents via email without any response for weeks.
My take: Betpanda might have fast responses for routine queries on the live chat, but dispute practices are seriously lacking.
Trustpilot Rating: 3.3/5
Common praise: Fast live chat
Common complaints: Delay in cashouts after huge wins
Summary of forums (e.g., Bitcointalk, Reddit): “Betpanda has lots of high-quality games.”
How To Register at Betpanda
Here is a simple guide on how to register at Betpanda:
Visit the official Betpanda website and click on “Sign Up.”
Enter your email and create a very strong password. Read the “Terms of Service,” and if you agree to it, tick the box.
Click on the “Sign Up” button. Verify your email with the confirmation link.
Fund your account instantly via crypto, play games, and enjoy.
My Thoughts
I was able to register in less than 2 minutes with only my email. So, the no-KYC claim was no joke (though you may have to complete an ID check for large withdrawals).
Betpanda doubles down as a crypto-only casino, supporting only cryptos for deposits and withdrawals. Note that there is an option to buy coins with your credit or debit card on the site. That said, the platform exclusively accepts 13 cryptocurrencies, including BTC, ETH, USDT, LTC, DOGE, and BNB.
Deposit Methods
Aside from transferring cryptos (without any fee), Betpanda also offers the option to buy coins by partnering with MoonPay. This allows you to buy with your credit/debit card and transfer to your casino account.
Note that these services charge fees. For a $100 BTC purchase via MoonPay, it cost me $109.83 (9.83% fee), while Guardarian was just 6.5%. I recommend transferring your crypto directly from your personal wallets. It’s also important to know that all deposits must be wagered 5 times before making a withdrawal.
Withdrawal Methods & Speeds: Standard vs. Lightning
Betpanda offers two features when it comes to withdrawals. The first is the standard payout that takes between 10 minutes and an hour, depending on the network traffic. On the other hand, there is also the “Lightning Network” that offers near-instant BTC cashouts.
While this is a good feature, I found one drawback. Lightning withdrawals are capped at 0.05 BTC ($3,000) per transaction, with a 0.00001 BTC ($0.60) network fee. Regardless, it’s a good feature to have on hand in case of an emergency.
While the casino doesn’t ask for any verification during sign-up, they did state that they might ask for it at any time. You may have to provide your passport/driver’s license, utility bill, or bank statement.
My advice: Withdraw early and often to stay under $2,000.
Is Betpanda Mobile Friendly?
Betpanda offers a smooth mobile web experience for its players. Despite not having a mobile app, its browser-based site adapts flawlessly to any smartphone. In my testing, the games loaded up fast (an average time of 5 seconds). I also liked the menus and where the buttons are placed on the webpage. There was no lag, especially during live casino gambling.
Should You Play at Betpanda?
Without a doubt, yes. Overall, Betpanda is an amazing platform that suits crypto-savvy players who prefer speed over regulatory safety. However, note that the Costa Rican “license” may not offer player protection, and there is also the possibility of KYC after big wins. Regardless, its fast payouts, 6,000+ games, and bonuses are good enough to make any player want to sign up.
So, ready to get started? Join Betpanda Now and Claim a 100% Bonus up to 1 BTC.
Yes, Betpanda is a legit online gambling platform with a license from Costa Rica. It has a corporate identification number (3-102-880000) that shows it’s a real brand.
What cryptos are supported?
Betpanda supports over 13 cryptocurrencies, including Bitcoin, Ethereum, Tether, Ripple, Binance Coin, Dogecoin, Litecoin, Shiba Inu, and more.
Do I need to complete KYC?
No, you don’t have to complete KYC during your sign-up process. However, you may have to verify your identity after a big win or request a large withdrawal.
Are winnings taxed?
No, Betpanda doesn’t tax your winnings. Note that depending on your local rules, you may have to report your earnings and pay tax.
Is there a mobile app?
No, Betpanda does not have a mobile app, but you can still visit the site on your mobile browser.
Tobi Amure has been working in the casino industry for six years, reviewing platforms across the US, Canada, and New Zealand. He started with traditional online casinos before moving into crypto gambling when Bitcoin casinos began appearing around 2017.
Tobi also writes crypto content and casino reviews for Casino.org, Investopedia, Daily Forex, Investing.com, Traders Union, Trading.biz and NinjaPromo. Alongside other gambling publications, Tobi focuses on crypto payment methods and how well these platforms actually work. His approach is hands-on, testing games, payment systems, and customer support to see what players really experience when they sign up and play.
He holds a pharmacy degree but spends most of his time these days explaining crypto casino mechanics and helping players understand which platforms are legitimate. Tobi covers everything from withdrawal speeds to game selection, with particular focus on how cryptocurrencies are changing online gambling.
Tobi Amure has been working in the casino industry for six years, reviewing platforms across the US, Canada, and New Zealand. He started with traditional online casinos before moving into crypto gambling when Bitcoin casinos began appearing around 2017.
Tobi also writes crypto content and casino reviews for Casino.org, Investopedia, Daily Forex, Investing.com, Traders Union, Trading.biz and NinjaPromo. Alongside other gambling publications, Tobi focuses on crypto payment methods and how well these platforms actually work. His approach is hands-on, testing games, payment systems, and customer support to see what players really experience when they sign up and play.
He holds a pharmacy degree but spends most of his time these days explaining crypto casino mechanics and helping players understand which platforms are legitimate. Tobi covers everything from withdrawal speeds to game selection, with particular focus on how cryptocurrencies are changing online gambling.