Bitcoin Penguin Review (2023) – 100% up to 0.5 BTC + 65 Free Spins

1. Bitcoin Penguin Casino Review

The first thing I do when I page through a crypto casino is to check what license it has. And, what worries me quite a bit about Bitcoin Penguin is that they don’t have any. 

I do understand that in the world of virtual currencies, it is 100% possible but to be fair, there are hundreds of other crypto-only casinos that have licenses and I can’t help to wonder why they would avoid this process entirely. This is not a good start for this Bitcoin Penguin review.

They have been around since 2014 and work with some of the best software developers in the industry so I’ll give them the benefit of the doubt. 

The site is simple and I can’t see that there is much of a theme going on except for the penguin logo. Navigation is smooth and besides the promotional banner at the top, you are immediately met with all the games on the homepage. 

There are quite a number of search options including Slots, Craps, Poker, Roulette, Lottery, Live, and even weird categories like Valentine-Day, which I suppose have not been updated since February. 

Your wallet and profile are found at the top right corner and right at the bottom, you’ll see the Privacy Policy, Support, and the Terms and Conditions pages, which I also found interesting because it is a one-pager and really uncomfortable to read. 

The lobby is simple and easy to navigate

This page contains affiliate links. Read the affiliate disclosure here.

2. Bitcoin Penguin Bonuses

In terms of bonuses, there is a Welcome Bonus, Monday and Friday Free Spins as well as a Monday 20% guaranteed cashback. 

Bitcoin Penguin Welcome Bonus

First deposit exclusive bonus is: 100% up to 0.3 BTC + 40 free spins (instead of the standard 0.2 BTC + 30 free spins)

Second deposit bonus is: 75% up to 0.2 BTC + 25 free spins 

Bonus Total: 0.5 BTC + 65 free spins

• Available games for the free spins: Games: Aztec Magic, Platinum Lightning Deluxe, Book of Pyramids
• Wagering Requirements: x45
• The maximum bet while playing with an active bonus is 0.00012 BTC, 0.014 BCH, 0.0025 ETH, 0.042 LTC, 35 DOG, 5 USDT, 11.5 XRP
• The minimum deposit required to get a bonus shall be 0.00040 BTC, 0.0055 ETH, 0.051 BCH, 0.13 LTC, 120 DOG, 20 XRP, and 20 USDT

Bitcoin Penguin’s Welcome Bonus

There are crypto casinos that don’t offer bonuses at all so I know one shouldn’t be too judgy but 0.8 BTC + 65 spins as a bonus offer don’t even come close to Bitcoin Penguin’s competitors. 

If you look at the following welcome packages, you’ll catch my drift:

mBit Casino – 9 BTC + 300 free spins 

BitStarz Casino – 152% up to 3 BTC + 280 free spins

7Bit Casino – 100% up to 5 BTC + 100 free spins

Cloudbet – 5 BTC + 200 free spins

Crypto Wild Casino – 4 BTC + 150 free spins

Monday Free Spins Bonus

• 50% Match Bonus up to 0.05 BTC + 25 Free spins every Monday
• Minimum deposit requirement: 0.0004 BTC, 0.0055 ETH, 0.051 BCH, 0.13 LTC, 120 DOG, 20 XRP, 20 USDT
• Wagering requirements: x45

Friday Free Spins

• 25 Free Spins on Platinum Lightning Deluxe, Aztec Magic Deluxe, and Slotomon Go!
• Minimum deposit requirement: 0.0004 BTC, 0.0055 ETH, 0.051 BCH, 0.13 LTC, 120 DOG, 20 XRP, 20 USDT
• Wagering requirements: x45

Monday Cashback

Guaranteed 20% cash back bonus on your biggest deposit played Mondays. To get the cashback, you need to contact live support to claim it. 

After the Welcome Bonus, Bitcoin Penguin has Monday and Friday Free Spins Bonuses and a 20% guaranteed cashback every Monday

Penguin Casino Weekly Internal Tournament

1. The tournament runs from May 2 (00:00 UTC) to May 9 (23:59 UTC) and renews every week
2. The prize pool is 0.0532 BTC and 375 free spins
3. Cash bonuses must be wagered 30 times
4. Free spins results must be wagered 35 times
5. The winner is determined by the highest sum of bets
6. Participating games: all slots

Prizes are awarded as follows:

• 1st prize – 0.016 BTC
• 2nd prize – 0.013 BTC
• 3rd prize – 0.011 BTC
• 4th prize – 0.0079 BTC
• 5th prize – 0.0053 BTC
• 6th prize – 125 Free Spins
• 7th prize – 100 Free Spins
• 8th prize – 75 Free Spins
• 9th prize – 50 Free Spins
• 10th prize – 25 Free Spins

Bitcoin Penguin’s Weekly Internal Tournament with a prize pool of 0.0532 BTC + 375 Free Spins

Again I find the size of the prize pool (0.0532 BTC and 375 free spins) minuscule compared to other casinos. BitKingz, for example, is currently running no less than 3 tournaments where the prize pools are $500 000, 1000 Free Spins, or fully paid 7-day holidays in 5-star hotels in either Bali or Ibiza.

I’m just saying. 

VIP Program

Collect comp points to boost your level in Bitcoin Penguin’s VIP scheme, and you’ll be rewarded with cash bonuses and free spins! The higher your level, the greater your rewards. You’ll earn 1 comp pint for every 0.0011 BTC, 0.25 BCH, 0.54 LTC, 30 USDT, 500 DOGE, 90 XRP and 0.020 ETH you wager.

There are six levels in Bitcoin Penguin’s VIP Program. I have to give this casino some bonus points for the VIP program being branded with The Penguins of Madagascar characters!

Earn free spins and cash prizes at Bitcoin Penguin!

3. Registration, Deposits, and Banking Options

As one would expect, the registration process is fast and easy. Once I confirmed my email address, I was good to go. 

You only need to supply your email address, a password, and your preferred currency to open an account

Next up, make a deposit.

Bitcoin Penguin accepts 7 cryptocurrencies and your preferred coin can easily be added to your wallet

Obviously, I wanted to get the exclusive bonus so I made a 0.0008 BTC deposit (although the minimum required is much lower at 0.00040 BTC). 

I was seriously impressed by how fast my deposit reflected in my wallet, it took just over 5 minutes

And, my bonus was immediately ready to be activated

There is no payments page and no info regarding minimum and maximum withdrawals on the terms and conditions page but I eventually found this information in the wallet. 

The minimum and maximum withdrawals are:

• Bitcoin: 0.001 – 5 BTC
• Litecoin: 0.01 – 500 LTC
• Dogecoin: 500 – 5,000,000 DOGE
• Ethereum: 0.01 – 200 ETH
• Bitcoin Cash: 0.001 – 50 BCH
• Tether: 20 – 4000 USDT

4. Games Selection at Bitcoin Penguin

You can choose one of 20 slots to play with the Free Bonus Spins, which is fantastic because you usually have only 3 slots to choose from, and it almost always includes Elvis Frog in Vegas for some weird reason. 

I chose Brave Viking from BGaming and I was quite surprised to see that it was released in 2014 because the graphics are outstanding. The slot has 5 reels and 9 paylines with a betting range of 0.1 – 1.00 and as the name suggests, it has a Viking-inspired theme.

In total, I won 53.4μBTC with my free spins

The wild symbol is the Viking Warrior, and as always, it substitutes all symbols except the Scatter, and when it does substitute in a win, the line winning gets doubled. The scatter is the Blue Rune that gives you free spins when 3 or more are triggered anywhere on the line. You can get 5, 10, or 50 Free Spins in this bonus feature but there is also a Ship Bonus symbol where you’ll get to choose between 3 shields to start the ship race where you’re total bet is multiplied by 100, 10, or 1, depending on whether you finish first second or third.

I triggered 3 Blue Rune scatter symbols and got 5 free spins

You’ll find mostly slots at Bitcoin Penguin but there is also a decent selection of card games, video poker, roulette, baccarat, live game blackjack, jackpot games, craps, and even lottery games and I do like how they’ve categorized it because you can easily find what you are looking for. 

I saw Heads and Tails XY and wanted to see what this was all about. It’s a provably fair game from BGaming and bets range from 0.03 mBTC to 3 mBTC. 

And, the rules are super simple. Place your bet, and guess whether the coin will land on heads or tails, if you win, you win 1.98 x the amount of your bet, which is very lucrative! 

I placed the lowest bet at 0.03 mBTC and won 0.0594 mBTC by guessing that the coin will land on tails

In the lottery section, you’ll find two scratch games, two Bingo games, and Jogo Do Bicho, which I’ve never heard about so, of course, I wanted to try it out.

When you enter the game, there is a step-by-step on how to play the game, which is awesome

In the game there are several types of modes and bets. Depending on the chosen mode, the number of animals varies. First, you need to choose your mode – Advanced, Simple, Double, Triple, Quadra or Penta.

Then you need to choose two animals

Your bets are displayed in the bets field and once you hit the play button, 5 boxes appear on the screen that pops open to display animals and if it matches the animals you chose, you win some cash.

As you can see, the position of the drawn combinations influences the payouts

It is quite hard to guess the correct animals because there are so many options but if you do guess correctly, the prize money is quite lucrative

5. Customer Support

Fast, knowledgeable, friendly, and efficient! There is no other way to describe the customer support team. 

There is a live chat option, and an online contact form, and although Bitcoin Penguin has Facebook and Twitter links on its homepage, the last post made on Twitter was in July 2019 and I couldn’t find them on Facebook. So, I suppose it’s outdated or faulty. 

There is also an email option – support@bitcoinpenguin.com

And a FAQ page but this page is sloppy and mere duplicates, which doesn’t look too good

6. Conclusions

I know that Bitcoin Penguin has no license and that I found a few minor glitches while working on this Bitcoin Penguin casino review I can honestly say that I quite like this crypto casino. The game selection is really good and neatly categorized and the navigation is sleek. 

Yes sure, the promotions aren’t nearly as good as what you’ll find at other crypto casinos but they do give you a choice of over 20 slots to play with your free spins and the wagering requirements are stock standard at x45. 

The terms and conditions page doesn’t have a lot of information on it but this also didn’t really bother me because the customer support team is always there to answer any questions you may have and I also appreciate the max 5 BTC withdrawal restriction which is quite high compared to other casinos that often limit withdrawals to $15 000 a month. 

The site could do with a little bit of fine-tuning and it would be great to see them being more active on social media but my overall experience at Bitcoin Penguin Casino was good and although there are undoubtedly many better crypto casinos out there, I can’t see a valid reason not to recommend this casino entirely. 

8. User reviews

Here is the user ratings summary of BitcoinPenguin casino:

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