mBit Casino vs Rakebit Comparison
General Information
Description
mBit Casino is one of the oldest cryptocurrency only online casinos, operating since 2014 under a Curacao GCB license, now through Scores55 Tech B.V. (previously Dama N.V.). Known for its ~9,000 game library from 52+ providers, RTP displayed on game tiles, and fast crypto withdrawals. Despite marketing mBit Originals and referencing provably fair gaming, the branded games are actually rebranded titles from BGaming and TadaGaming with no player verifiable provably fair system.
Rakebit is a crypto-only casino and sportsbook launched in 2024, offering 5,868 games from 65 providers including 16 provably fair originals. The platform supports 19 cryptocurrencies with fast withdrawals and features an integrated BETBY-powered sportsbook covering 35+ sports and 25+ esports titles. A 21-tier VIP program offers up to 25% rakeback with unlimited cashback at the top Whale tier.
Pros and Cons
Advantages
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Fast withdrawals with 95% processed in under 15 minutes for standard amounts
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Massive game library with ~9,000 titles from 52+ licensed providers
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RTP displayed on game tiles for full transparency before clicking any game
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12 year track record as a crypto casino since 2014
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Zero deposit and withdrawal fees on all 9 supported cryptocurrencies
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Email only registration in under 30 seconds with no upfront KYC
Disadvantages
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No provably fair verification despite marketing claims and branded game names
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Crypto only with no fiat payment options and only 9 supported coins (no Lightning Network)
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40x wagering restricted to slots only with 7 day window and full forfeiture for violations
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Documented complaints about frozen accounts and delayed KYC after large wins
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Withdrawal limits of 3 BTC per week and 10 BTC per month
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Operator recently changed from Dama N.V. (insolvency issues) to Scores55 Tech B.V.
Advantages
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5,868 games from 65 providers
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Welcome package up to $10,000 USDT with 30x/35x wagering
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16 provably fair Rakebit Original games
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No KYC required for basic usage (triggered at ~$8,000/day withdrawals)
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21-tier VIP program with up to 25% rakeback and unlimited cashback at Whale tier
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Fast crypto withdrawals (tested at 32 seconds for BEP20)
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2FA available for account security
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Friends Play feature for private/public shared gambling rooms
Disadvantages
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Anjouan license lacks strength of MGA, UKGC, or Curacao CGCB
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No fiat deposit or withdrawal options (MoonPay/Changelly on-ramp removed)
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Minimal responsible gambling tools (no built-in limits, only begambleaware.org link)
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Large win payout caps ($500K max) and installment delays ($50K+ over 30 days)
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New platform (launched 2024) with limited track record
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Documented pattern of post-win account closures across Trustpilot and Casino.guru
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Operator previously linked to defunct TrueFlip.io (unverified)
Information
| mBit Casino | Rakebit | |
|---|---|---|
| Type | Casino | Casino |
| Year Founded | 2014 | 2024 |
| Company | Scores55 Tech B.V. | Innovex Tech Holdings Ltd |
| Regulation | Curacao GCB OGL/2024/1307/0748 | Anjouan Gaming Board (Comoros) #ALSI-202504026-FI1 |
| Mobile App | No | Yes |
| Live Support | Yes | Yes |
| Payment Methods (Fiat) | - | - |
| Payment Methods (Crypto) |
|
|
| Minimum Deposit | 10 USDT | $5 |
| Deposit Fees | Free (only blockchain network fees) | Free for crypto deposits, standard blockchain network fees apply |
| Minimum Withdrawal | 10 USDT | 10 USDT |
| Withdrawal Fees | Free (only blockchain network fees) | Marketed as free; terms reserve right to charge on repeated withdrawals. Blockchain network fees always apply. |
| Withdrawal Time |
Instant
More information
|
Instant
More information
|
| mBit Casino Go to mBit Casino | Rakebit Go to Rakebit |
Welcome Bonus
| mBit Casino | Rakebit | |
|---|---|---|
| Welcome Bonus | Yes | Yes |
| Bonus Amount | 325% up to 4 BTC + 325 Free Spins | Up to $10,000 USDT + 200 Free Spins |
| Minimum Deposit | 30 USDT | 5 USDT |
| Time to Redeem | 7 Days | 7 Days |
| Wagering Requirements | 40x | 30x |
| Conditions |
|
|
| Bonus Code | ||
| Claim bonus Claim bonus at mBit Casino | Claim bonus Claim bonus at Rakebit |
No-Deposit Bonus
| mBit Casino | Rakebit | |
|---|---|---|
| No-Deposit Bonus | No | No |
| Bonus Amount | - | - |
| Free Spins | - | - |
| Time to Redeem | - | - |
| Wagering Requirements | - | - |
| Conditions |
|
|
| Bonus Code | No code required | No code required |
| Claim bonus Claim bonus at mBit Casino | Claim bonus Claim bonus at Rakebit |
Other Bonuses
| mBit Casino | Rakebit | |
|---|---|---|
| VIP Rewards | Yes | Yes |
| VIP Rewards Details | The Stellar Club is mBit Casino's space-themed loyalty program, automatically enrolling every player at the Space Trooper level. Players earn Stellar Points through wagering and progress through 7 tiers: Space Trooper, Space Lieutenant, Space Captain, Space Major, Space Colonel, Space Brigadier, and Space General (invite-only). Benefits scale with tier: daily cashback from 2% (Lieutenant) up to 10%+ (General) with decreasing wagering requirements (40x down to 10x); weekly reload bonuses reaching 100% for top tiers; a weekly Stellar Wheel spin for free spins and bonus cash; level-up bonuses; and a Bitty Coins loyalty currency redeemable in the Rewards Shop. Top-tier players receive a personal VIP manager, luxury gifts, and exclusive event invitations. | Rakebit's VIP Loyalty Program features 21 levels across five ranks: Rake Bear (levels 1-5), High Roller (levels 6-10), Diamond Hands (levels 11-15), Legendary Beast (levels 16-20), and Rakebit Whale (level 21). Players earn XP through wagering and climb through tiers. Benefits include instant rakeback scaling from 1% to 25%, daily cashback on the same scale, level-up bonuses reaching up to 37,500 USDT, and access to an expanded Store, Missions, and Minigames at every tier. Whale-tier members receive unlimited cashback (no cap), a special level-up bonus, and a personal VIP manager. Both rakeback and cashback require no additional wagering to withdraw. VIP status transfer is available for players migrating from other casinos. |
| Other Bonuses | Yes | Yes |
| Other Bonuses Details | mBit Casino offers extensive ongoing promotions including: Friday Reload Bonus (100% up to 0.25 BTC), Wednesday and Thursday 30% deposit match (up to 1 BTC per deposit), daily and weekly slot races with Bitcoin and free spin prizes, Bitty Quiz promotions on Mondays and Thursdays for bonus rewards, Telegram channel exclusive bonus codes and free spins, and seasonal event-based promotions. All reload bonuses typically carry 40x wagering on bonus amounts. The Stellar Club loyalty program provides additional daily cashback scaled by tier. | Rakebit offers ongoing promotions including a $2,000 Weekly Race (top 20 players, $500 first prize), Monday and Friday Sports Reload bonuses ($50-$75 free bets), a daily Gummy Wheel free spin for bonus rewards, task-based Missions with tiered rewards, a points-redeemable Store, and a referral program paying $100 USDT per qualifying referral plus 10% of house edge on referred players' bets. |
Games
| mBit Casino | Rakebit | |
|---|---|---|
| Slots |
Yes
(8000+)
Detailed information about Slots at mBit Casino
|
Yes
(4800+)
Detailed information about Slots at Rakebit
|
| Baccarat |
Yes
Detailed information about Baccarat at mBit Casino
|
Yes
|
| Bingo |
Yes
|
Yes
Detailed information about Bingo at Rakebit
|
| Blackjack |
Yes
Detailed information about Blackjack at mBit Casino
|
Yes
|
| Craps |
Yes
|
Yes
|
| Crash Games |
Yes
Detailed information about Crash Games at mBit Casino
|
Yes
Detailed information about Crash Games at Rakebit
|
| Jackpots |
Yes
Detailed information about Jackpots at mBit Casino
|
Yes
Detailed information about Jackpots at Rakebit
|
| Keno |
Yes
|
Yes
Detailed information about Keno at Rakebit
|
| Lotto |
Yes
Detailed information about Lotto at mBit Casino
|
No
|
| Poker |
Yes
Detailed information about Poker at mBit Casino
|
Yes
|
| Roulette |
Yes
Detailed information about Roulette at mBit Casino
|
Yes
|
| Scratch Cards |
Yes
|
Yes
|
| Sic Bo |
Yes
|
Yes
|
| Sports Betting |
No
Detailed information about Sports Betting at mBit Casino
|
Yes
Detailed information about Sports Betting at Rakebit
|
| Table Games |
Yes
Detailed information about Table Games at mBit Casino
|
Yes
Detailed information about Table Games at Rakebit
|
Rating
| mBit Casino | Rakebit | |
|---|---|---|
|
Overall Rating
Show overall rating information
|
Our Opinion
Conclusion
mBit Casino earns points for its 12 year track record, massive game library, genuinely useful RTP display feature, and fast routine payouts. However, the lack of real provably fair verification despite marketing claims, the operator transition from troubled Dama N.V., harsh bonus terms (40x slots only in 7 days), and documented withdrawal issues on larger wins hold it back. For a crypto native casino that has operated since 2014, the absence of true original games with provably fair verification is a notable gap compared to competitors like BC.Game, Stake, or Rainbet.
Rakebit delivers a solid crypto gambling experience with a large game library, competitive 30x/35x wagering on its welcome bonus, and a rewarding VIP system that scales genuinely well. However, the Anjouan license, absent responsible gambling tools, documented post-win account closures, and the removal of its only fiat on-ramp are significant drawbacks. Best suited for experienced crypto gamblers comfortable with offshore regulation who prioritize game variety and rakeback over regulatory protection.