BitcoinPenguin Casino

Bitcoin Penguin closed down in March 2025. All links from this review will redirect to the full list of our casinos!

BitcoinPenguin has been around since 2014, making it one of the longest-running Bitcoin casinos. While it operates without a license, it still delivers a unique gaming experience that keeps many coming back. If you’re wondering what makes BitcoinPenguin stand out, here are a few highlights.

• Anonymous Crypto Gaming – No KYC requirements mean you can deposit, play, and withdraw without sharing personal information.
• Weekly 20% Cashback – Every week, you can claim 20% of your losses back, giving you an extra chance to win.
• Quick Crypto Withdrawals – Cashing out your winnings is fast and hassle-free, with most transactions processed in minutes.

BitcoinPenguin might not have a license, but it caters to crypto users who value privacy, fast payouts, and flexible rewards. Now, let’s dive into what this casino offers, starting with the Bitcoin bonuses and promotions.

BitcoinPenguin Bonuses and Promotions

Bonuses at BitcoinPenguin give you extra chances to win, but the overall value depends on what you’re looking for. The welcome offer provides a small boost on your first two deposits, while ongoing promotions add weekly cashback and free spins. 

If you’re planning to play here long-term, these bonuses help stretch your bankroll, though they may not compete with the biggest crypto casino offers. 

Let’s break down what you can expect.

BitcoinPenguin Welcome Bonus

Getting started at BitcoinPenguin comes with a two-part welcome bonus, but don’t expect anything massive. While some crypto casinos offer thousands in bonus funds, this one caps out at 0.4 BTC + 55 free spins. 

Here’s what to know: 

First Deposit Bonus – 100% up to 0.2 BTC + 30 free spins

Second Deposit Bonus – 75% up to 0.2 BTC + 25 free spins

Total Bonus Value – 0.4 BTC + 55 free spins

Key Terms & Conditions

• Wagering requirement: 45x the bonus amount before withdrawals.
• Minimum deposit: $20 to qualify.
• Maximum bet: $5 while playing with bonus funds.
• Free spins games: Platinum Lightning Deluxe, Book of Pyramids, Aztec Magic Deluxe.

Even if the bonus is on the smaller side, the overall low value makes it far less appealing than other offers here at Gamble.io. BitStarz gives new players up to 5 BTC and 180 free spins, while FlashDash Casino’s welcome bonus has a lower 35x rollover.

If you’re set on BitcoinPenguin, this bonus adds some extra value, but better deals exist elsewhere.

Ongoing Promotions

Monday Bonus 

• Bonus: 50% Match Bonus up to 0.05 BTC + 25 Free spins
• Frequency: Weekly
• Wagering requirements: 45x

Friday Free Spins

• Bonus: 25 Free Spins on Platinum Lightning Deluxe, Aztec Magic Deluxe and Joker Queen
• Frequency: Weekly
• Wagering requirements: 45x

Monday Cashback

• Bonus: 20% cash back bonus
• Frequency: Weekly
• Wagering requirements:

Penguin Weekly Tournament

• Prize Pool: 0.0532 BTC and 375 Free Spins
• Frequency: Weekly
• Wagering requirements: 30x (bonus), 35x (free spins)

The regular promotions at BitcoinPenguin are ideal for players looking for a little something extra during the week. The site offers free spins on Mondays and Fridays, with more promised during the weekly tournament. However, the 45x wagering requirement will not be received kindly by players looking for friendlier bonus terms and conditions.

The picture is even less encouraging when you compare BitcoinPenguin to other casinos offering tournaments. Take BitKingz, for example. Here the prize pools amount to over $36 million, plus 2400 daily free spins.

While BitcoinPenguin offers an average player bonus schedule, it’s plain to see there is another level above what they have currently.

VIP Loyalty Program

BitcoinPenguin’s VIP program promises rewards for your gameplay, but the actual value is underwhelming. Instead of instant perks, you must grind through six tiers, earning points by placing bets. Higher levels unlock cash bonuses and weekly cashback, but reaching them requires a significant amount of wagering.

VIP Levels & Rewards

• Level 1: Little Penguin – 10 points → 50 Free Spins (20x wagering)
• Level 2: Macaroni Penguin – 300 points → 0.001 BTC + 75 Free Spins (20x wagering)
• Level 3: Royal Penguin – 2,000 points → 0.0022 BTC + 100 Free Spins (20x wagering)
• Level 4: King Penguin – 5,000 points → 0.0038 BTC (15x wagering)
• Level 5: Emperor Penguin – 10,000 points → 10% weekly cashback (10x wagering)
• Level 6: Crypto Penguin – 20,000 points → 20% weekly cashback (10x wagering)

Let’s be honest here – the first two levels of this “VIP” program offer minimal rewards. For a total wager of almost $9,000, the best you can hope for is 50 free spins and a 20x wagering requirement. Compare this to Betfury, where just for registering you start receiving 5% cashback. 

BitcoinPenguin Games

BitcoinPenguin has a lavish games library field with thousands of titles from reputable software providers like Amatic, Booming  Games, NoLimit, and Pragmatic Play.

To make your life easier, the site has a drop-down menu on the left where you can select to view games from all or one software supplier. You also get a search bar and the ability to sort the games alphabetically, by popularity, or release date.

That said, I noticed that the number of game providers in the filter dropdown is very low. Most casinos work with 50+ or 60+ providers, giving players a much bigger pool of games. But the search bar works amazingly well!

Not only that, it automatically searches, and all filters still work while using the search bar. Not a lot of casinos can say this.

One thing that you will not find here is a Bitcoin sports betting platform. Naturally, this might be a letdown for some players, who enjoy the convenience of using one account for all their gambling activities.

An alternative, Wild.io, has an extensive casino games collection and you can also place sports bets through the site. 

BitcoinPenguin Slots 

The main section of the games library comprises slots, which is not surprising as most online casinos follow the same trend. The most popular titles on BitcoinPenguin casino are Aztec Magic Deluxe, Aztec Magic, 2022 Hit Slot, and Bonanza Billion.

That said, it wouldn’t hurt to have an exclusive games lobby at BitcoinPenguin. If you look at some of the biggest competition, casinos like Rakebit and BitStarz, all have exclusive game libraries. So an investment in an exclusive library of games is warranted, if BitcoinPenguin wants to compete in this space.

Card Games 

The card games section has massively improved from the last time I did my BitcoinPenguin review. Where there were barely a handful of titles to keep you entertained, now you have hundreds of gaming options to keep you engaged for hours on end. 

Be it Bitcoin blackjack, baccarat, crypto roulette, or video poker, there is a virtual card game to suit your tastes. Some of the games included in the card games lobby are Multi-hand blackjack, Caribbean Holden, Caribbean Stud, and Dragon Tiger.

The best part is that you can play these games for fun in the demo mode before using your real money budget. 

Live Casino Games 

The Bitcoin live games section is made up of hundreds of titles from Ezugi, Vivo Gaming, and Pragmatic Play Live. This was a pleasant surprise for me, as the last time I reviewed BitcoinPenguin, it barely had a live games section to speak of. 

Now you have the opposite challenge, knowing what to pick amid such abundance – 440+. Whether you are into blackjack, baccarat, poker, roulette, craps, or even Cricket War, you will suffer no shortage of playing options.   

Casual Games

The Casual Games section really piqued my interest because you do not normally find it at most online casinos we promote – well, not under the same name anyway. This is where BitcoinPenguin has housed 30 or so titles including Plinko, Winter Fishing Club, Minesweeper, Limbo XY, and more. For the equivalent, at the likes of Mbit Casino, you’d need to visit the dice games section. 

There is no need to fret if you do not know what these titles are about. BitcoinPenguin has provided demo versions that you can play for free. As in slots, you can test these games before committing real funds. 

Video Poker 

BitcoinPenguin has a dedicated section for RNG video poker games. The library features over 50 titles and offers an excellent opportunity to fine-tune your poker skills. Some titles you can check out include Texas Holdem, Deuces Wild, All American Poker, Bonus Poker, and more. 

Now, while I was pleased by the number of video poker games featured on BitcoinPenguin, the site needs more variety. First Person video poker games from Evolution, for example, could add to your options while providing a premium playing experience

Lottery

The lottery games section has 26 titles featuring games like Bingo Soccer, Jogo Do Bicho, 88 Bingo 88, and 7 Piggies 5,000, among others. Note that these are unlike your standard casino games, and have unique themes and gameplay. 

Many of the titles here are pretty good, like Jogo Do Bicho, and have demo versions that you can play for free. However, some games in the BitcoinPenguin library were not working.

When I tried Hot Safari, Panda Gold 10,000, Diamond Strike 100,000, and Wolf Gold 1,000,000, to mention a few, they all had error messages.

Design, Experience, and Mobile Compatibility

BitcoinPenguin’s design is pretty bare-bones. While I appreciate simplicity, it’s crucial for crypto casinos to update their UI now and then. Unfortunately, BitcoinPenguin doesn’t seem to get the memo, as not much has changed since my first visit.

At the top, you’ll see the promo banner, your profile/wallet, and a few search options. The games are categorized as Featured, All Games, Slots, Top, Card Games, Poker Games, Roulette, Casual, Video Poker, and Jackpot Games.

The lobby is clean and uncluttered, and you won’t need to scroll endlessly to reach the bottom of the page, where you’ll find tabs like Support, Terms and Conditions, and Privacy Policy. But this is true because it really doesn’t offer much more apart from the games.

Some casinos work hard to bring players unique promotions, in-house games, in-house tokens, gamification incentives like daily missions, etc., which usually result in ridiculously long lobbies.

The site is fully compatible with mobile, providing a seamless experience straight from your web browser. Navigating through the site is a breeze, thanks to several jump links on the display, and a helpful search bar where you can type in the name of the game.

Sadly, this handy game sorting feature disappears on mobile, leaving you with less control to pick and choose what you wish.

Customer Support at BitcoinPenguin

When it comes to customer service at BitcoinPenguin, you have options.

• Live Chat
• FAQ
• Contact Form

And after testing out the live chat support here, I have no choice but to give this crypto casino site full marks! Live chat is available in English, German, Norwegian, Finnish, and Russian and the support agents are really helpful and go out of their way to answer any questions in detail. 

I asked about the license and received a reply stating that BitcoinPenguin has no official casino license but that Bitcoinpenguin.com is operated from Belize, and therefore the terms and conditions of this casino are governed by the laws applicable in Belize. 

Overall, the agent I contacted was friendly, helpful, and knowledgeable. The entire experience was quick and professional, taking less than 2 minutes to get a response. Foe less pressing issues, BitcoinPenguin also has an online contact form and an email address.

Deposits, Withdrawals, and Security

BitcoinPenguin supports seven cryptocurrencies, including BTC, ETH, LTC, DOGE, USDT, XRP, and BCH. There are no fiat options available.

Withdrawal Limits & Processing Times

BitcoinPenguin claims to process transactions quickly, but delays can happen without explanation, and support may not assist you due to its unregulated status.

Additionally, BitcoinPenguin does not require KYC verification for deposits or withdrawals, allowing you to gamble anonymously. However, the casino reserves the right to request ID verification at any time, which could result in unexpected withdrawal delays. 

But since BitcoinPenguin operates without a gaming license, there are no legal protections if your funds are withheld for any reason.

Depositing funds at BitcoinPenguin does not come with additional fees, though you will still need to cover standard blockchain network charges. Withdrawals are also listed as fee-free. 

All deposits must be wagered at least 3x before a withdrawal is allowed, while table game players must wager 10x their deposit.BitcoinPenguin has no gaming license, meaning no regulatory oversight. If your account is suspended, winnings are withheld, or a withdrawal is denied, you have no legal recourse.

Licensed crypto casinos like BitStarz, BC.Game, and Stake provide proper player protections and secure environments.

Verdict

Ordinarily, this is where we would summarize the pros and cons of BitcoinPenguin. However, there is one glaring issue that overshadows everything else: the lack of a gaming license. This is a major red flag, and here’s why it should matter to you.

• No Player Protections – If BitcoinPenguin refuses a withdrawal, suspends your account, or voids winnings, you have no way to challenge their decision.
• No Regulatory Oversight – Licensed casinos are audited for fairness and security, while unlicensed casinos can change terms or withhold funds at will.
• No Guaranteed Fairness – Without licensing, there’s no third-party verification to ensure the games are fair or that payouts are legitimate.
• No Responsible Gaming Measures – Licensed casinos offer self-exclusion, deposit limits, and responsible gambling tools, which BitcoinPenguin does not provide.

If security, fairness, and guaranteed payouts are important to you, consider playing at licensed crypto casinos instead. Here are better alternatives that we recommend:

• Betfury – A fully licensed crypto casino with real cashback rewards, provably fair games, and an innovative staking system.
• BitKingz – Licensed under Curacao eGaming, offering big welcome bonuses and a high-roller-friendly VIP program.
• Wild.io – A crypto-exclusive licensed casino with fast payouts, exciting promotions, and a huge selection of slots and live dealer games.

For updates on BitcoinPenguin and other top crypto casinos, bookmark Gamble.io and check back regularly. We keep all our reviews updated, ensuring you always have the latest information.

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