Rainbet vs Rakebit Comparison
General Information
Description
Rainbet is a crypto-first casino and sportsbook launched in 2023 by RBGAMING N.V. The platform offers 6,818 casino games (including 10 Originals) from 49+ providers alongside an integrated sportsbook covering 40+ sports, powered by BetBy. Known for instant crypto transactions across 22+ digital currencies and provably fair original games.
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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20+ cryptocurrencies with instant deposits
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Fast crypto withdrawals in 5-15 minutes
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Provably fair original games
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Generous $2,100 welcome bonus + 60 free spins
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Integrated sportsbook with 40+ sports
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No-wager bonus option available
Disadvantages
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Anjouan license lacks strong regulatory oversight
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High 40x wagering on main welcome bonus
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Mixed Trustpilot reviews with 47% 1-star ratings
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No dedicated mobile app
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Limited fiat payment options
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Restricted in USA, UK, Australia, and EU countries
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
| Rainbet | Rakebit | |
|---|---|---|
| Type | Casino | Casino |
| Year Founded | 2023 | 2024 |
| Company | RBGAMING N.V. | Innovex Tech Holdings Ltd |
| Regulation | Anjouan Gaming License #001-2023-AJG | Anjouan Gaming Board (Comoros) #ALSI-202504026-FI1 |
| Mobile App | No | Yes |
| Live Support | Yes | Yes |
| Payment Methods (Fiat) |
|
- |
| Payment Methods (Crypto) |
|
|
| Minimum Deposit | $5 | $5 |
| Deposit Fees | Free (network fees apply) | Free for crypto deposits, standard blockchain network fees apply |
| Minimum Withdrawal | $15 | 10 USDT |
| Withdrawal Fees | Free (network fees apply) | Marketed as free; terms reserve right to charge on repeated withdrawals. Blockchain network fees always apply. |
| Withdrawal Time |
Instant
More information
|
Instant
More information
|
| Rainbet Go to Rainbet | Rakebit Go to Rakebit |
Welcome Bonus
| Rainbet | Rakebit | |
|---|---|---|
| Welcome Bonus | Yes | Yes |
| Bonus Amount | 250% up to $2,100 + 60 Free Spins | Up to $10,000 USDT + 200 Free Spins |
| Minimum Deposit | $30 | 5 USDT |
| Time to Redeem | 14 Days | 7 Days |
| Wagering Requirements | 40x | 30x |
| Conditions |
|
|
| Bonus Code | ||
| Claim bonus Claim bonus at Rainbet | Claim bonus Claim bonus at Rakebit |
No-Deposit Bonus
| Rainbet | Rakebit | |
|---|---|---|
| No-Deposit Bonus | Yes | No |
| Bonus Amount | $10 for completing identity verification | - |
| Free Spins | - | - |
| Time to Redeem | - | - |
| Wagering Requirements | - | - |
| Conditions | - |
|
| Bonus Code | No code required | No code required |
| Claim bonus Claim bonus at Rainbet | Claim bonus Claim bonus at Rakebit |
Other Bonuses
| Rainbet | Rakebit | |
|---|---|---|
| VIP Rewards | Yes | Yes |
| VIP Rewards Details | Rainbet's VIP program features seven tiers from Bronze to Infernal Diamond (with sub-tiers per level). Players earn XP through wagering to climb tiers and unlock increasing benefits including rank-up rewards, rakeback (15% boosted rakeback upon registration valid for 72 hours, then ongoing weekly rakeback claimable every 15 minutes), daily/weekly/pre-monthly/monthly bonuses, priority support, and dedicated VIP managers at higher levels. IMPORTANT: 75% of weekly and monthly bonuses are not paid upfront. They are frozen into a daily reload spread across 14 days, claimable only 3 times per day. Missing a claim window forfeits that portion. Effective payout is significantly lower than advertised headline percentages. | 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 | Rainbet offers diverse ongoing promotions: 15% rakeback boost upon registration (valid 72 hours — previously incorrectly recorded as 24 hours), ongoing weekly rakeback claimable every 15 minutes, weekly raffle with $20,000 prize pool ($400 per winner among 50 players), daily challenges with up to $5,000 payouts, monthly leaderboards with variable prizes, and a chest keys system with rewards up to $20,000. There is also an alternative no-wager welcome bonus option with 100% match up to $700. NOTE: 75% of weekly and monthly bonus payouts are frozen into a 14-day daily reload drip system, significantly reducing effective real-time payout value. | 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
| Rainbet | Rakebit | |
|---|---|---|
| Slots |
Yes
(6808+)
Detailed information about Slots at Rainbet
|
Yes
(4800+)
Detailed information about Slots at Rakebit
|
| Baccarat |
Yes
|
Yes
|
| Bingo |
No
|
Yes
Detailed information about Bingo at Rakebit
|
| Blackjack |
Yes
Detailed information about Blackjack at Rainbet
|
Yes
|
| Craps |
No
|
Yes
|
| Crash Games |
Yes
Detailed information about Crash Games at Rainbet
|
Yes
Detailed information about Crash Games at Rakebit
|
| Jackpots |
Yes
Detailed information about Jackpots at Rainbet
|
Yes
Detailed information about Jackpots at Rakebit
|
| Keno |
Yes
Detailed information about Keno at Rainbet
|
Yes
Detailed information about Keno at Rakebit
|
| Poker |
Yes
|
Yes
|
| Roulette |
Yes
|
Yes
|
| Scratch Cards |
Yes
|
Yes
|
| Sic Bo |
No
|
Yes
|
| Sports Betting |
Yes
Detailed information about Sports Betting at Rainbet
|
Yes
Detailed information about Sports Betting at Rakebit
|
| Table Games |
Yes
Detailed information about Table Games at Rainbet
|
Yes
Detailed information about Table Games at Rakebit
|
Rating
| Rainbet | Rakebit | |
|---|---|---|
|
Overall Rating
Show overall rating information
|
Our Opinion
Conclusion
Rainbet delivers a solid crypto gambling experience with fast transactions, a generous welcome package, and a wide game selection. The provably fair originals and integrated sportsbook add real value. However, the Anjouan license, polarized user reviews, and high wagering requirements on the main bonus are notable drawbacks. Best suited for crypto-savvy players who prioritize speed and game variety.
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.