Set in Austria in the 1930s, Baron Kurt von Sepper is a World War I veteran fighter pilot with a reputation as a "ladykiller" and a frightening blue-tinged beard. In public the Baron carefully maintains his image as a war hero, a seemingly devout Catholic and a patriotic member of the Fatherland Front, but the Baron has two dark secrets he is keen to hide. All of his previous wives have died in mysterious circumstances, victims of the Baron's impossibly high standards, and he exploited the chaos of the Austrian Civil War to instigate a pogrom against a Jewish community.
gave the film two stars out of four and wrote, "There is no longer any novelty in watching the sad disintegration of Richard Burton's acting career." Roger Greenspun of The New York Times wrote: "I have rarely seen a horror film so coyly aware of its own camp potential. But it is better at being foolishly serious than at being slyly humorous, and its few good moments come before it admits that its spook lightning and its maybe 3,000 pounds of phony cobwebs are essentially a joke." Gene Siskel of the Chicago Tribune gave the film one star out of four and wrote that the scenes of sadism "are designed to pander to people who enjoy seeing women abused". He put the film on a year-end list he made of the sickest films of 1972. Variety called it "high camp". Kevin Thomas of the Los Angeles Times panned the film as "123 minutes of unrelieved boredom and morbidity", adding: "Heavily made up and dyed, and speaking in a post-synched German accent, Burton seems to be sleepwalking." Gary Arnold of The Washington Post wrote: "Bluebeard is so lacking in both style and conviction that it's often more muddled and ineffective than actively offensive." He wrote of Burton that "unless he's contemplating a permanent career in exploitation movies, it would be difficult to sink below this credit... his final words are, 'This is ridiculous', but he's done nothing to convince us that he's superior to the material, that he's just doing some good-humored slumming and ought to be indulged his bad judgment". Clyde Jeavons of The Monthly Film Bulletin faulted "Dmytryk's indecision over whether to plump for black comedy or straight-faced horror, and it demonstrates his overall failure to find either a style or a formula sturdy enough to carry the film's heavy burden of absurdities and plain bad acting".