Rainbet vs Vave 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.
Vave is a crypto first online casino and sportsbook launched in 2022, offering 7,000+ games from 100+ providers alongside sports betting on 35+ sports. Known for fast cryptocurrency withdrawals, privacy friendly onboarding, a native iOS app, and provably fair original games, Vave has grown quickly in the crypto gambling space. However, the platform operates without an active gambling license following its corporate transition from TechOptions N.V. (Curaçao) to Chestoption S.R.L. (Costa Rica) in 2024.
Pros and Cons
Advantages
-
20+ cryptocurrencies with instant deposits
-
Fast crypto withdrawals in 5-15 minutes
-
Provably fair original games
-
Generous $2,100 welcome bonus + 60 free spins
-
Integrated sportsbook with 40+ sports
-
No-wager bonus option available
Disadvantages
-
Anjouan license lacks strong regulatory oversight
-
High 40x wagering on main welcome bonus
-
Mixed Trustpilot reviews with 47% 1-star ratings
-
No dedicated mobile app
-
Limited fiat payment options
-
Restricted in USA, UK, Australia, and EU countries
Advantages
-
7,000+ games from 100+ providers
-
100+ cryptocurrencies supported with no platform fees
-
375% welcome package up to 4 BTC across four deposits
-
Native iOS App Store app plus Android APK, rare for crypto casinos
-
Provably fair Vave Originals (Crash, Plinko, Dice, Mines, Coin)
-
No KYC required at signup and 24/7 live chat support
Disadvantages
-
No active gambling license, operates under Costa Rica registration only with zero regulatory oversight
-
50x wagering on deposit bonus funds, above the industry average of 30x to 40x
-
x3 deposit turnover required before any withdrawal, even without a bonus
-
Responsible gambling tools require contacting support with no self service dashboard controls
-
Sister brand HellSpin received ACMA formal warning and ISP blocking in Australia
Information
| Rainbet | Vave | |
|---|---|---|
| Type | Casino | Casino |
| Year Founded | 2023 | 2022 |
| Company | RBGAMING N.V. | Chestoption S.R.L. |
| Regulation | Anjouan Gaming License #001-2023-AJG | None |
| Mobile App | No | Yes |
| Live Support | Yes | Yes |
| Payment Methods (Fiat) |
|
|
| Payment Methods (Crypto) |
|
|
| Minimum Deposit | $5 | 20 USDT |
| Deposit Fees | Free (network fees apply) | Free (blockchain network fees apply) |
| Minimum Withdrawal | $15 | 3 USDT |
| Withdrawal Fees | Free (network fees apply) | Free (blockchain network fees apply) |
| Withdrawal Time |
Instant
More information
|
under 10 minutes Days
More information
|
| Rainbet Go to Rainbet | Vave Go to Vave |
Welcome Bonus
| Rainbet | Vave | |
|---|---|---|
| Welcome Bonus | Yes | Yes |
| Bonus Amount | 250% up to $2,100 + 60 Free Spins | 375% up to 4 BTC + 100 Free Spins |
| Minimum Deposit | $30 | 20 USDT |
| Time to Redeem | 14 Days | 30 Days |
| Wagering Requirements | 40x | 50x |
| Conditions |
|
|
| Bonus Code | ||
| Claim bonus Claim bonus at Rainbet | Claim bonus Claim bonus at Vave |
No-Deposit Bonus
| Rainbet | Vave | |
|---|---|---|
| No-Deposit Bonus | Yes | No |
| Bonus Amount | $10 for completing identity verification | - |
| Free Spins | - | - |
| Time to Redeem | - | - |
| Wagering Requirements | - | - |
| Bonus Code | No code required | No code required |
| Claim bonus Claim bonus at Rainbet | Claim bonus Claim bonus at Vave |
Other Bonuses
| Rainbet | Vave | |
|---|---|---|
| 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. | Casino VIP has 18 levels with cumulative progression. Players earn 1 VP per 30 USDT wagered on slots only. Table games, live dealer, and originals earn zero VIP progress. Points convert to bonus funds at 100 VP = 1 USDT with 5x wagering on converted funds. Level rewards scale from 10 free spins + 5 USDT at Level 1 to 100,000 USDT + personal account manager at Level 18. Higher tiers also unlock increased withdrawal limits and priority support. Sports VIP has 7 levels with monthly reset. Points earned from real money sports bets convert to free bet credits at month end. Rewards scale to 250,000 USDT at Level 7. The monthly reset is a major disadvantage versus casino programs where progress is permanent. |
| 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. | Ongoing promotions include: Thursday Reload (50% up to 150 USDT + 100 free spins on Wild Cash, minimum 20 USDT deposit), Saturday Free Spins (up to 100 spins based on deposit size), Fortune Wheel (one spin per deposit over 100 USDT, prizes up to 1 BTC), Daily Slot Races (approximately 500 USDT + 500 free spins in daily prize pools), Monthly Tournaments (prize pools up to 15,000 USDT), and a Referral Program (10% to 30% revenue share). All promotions use a slots only wagering contribution structure. |
Games
| Rainbet | Vave | |
|---|---|---|
| Slots |
Yes
(6808+)
Detailed information about Slots at Rainbet
|
Yes
(7000+)
Detailed information about Slots at Vave
|
| Baccarat |
Yes
|
Yes
|
| 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 Vave
|
| Jackpots |
Yes
Detailed information about Jackpots at Rainbet
|
Yes
|
| Keno |
Yes
Detailed information about Keno at Rainbet
|
Yes
|
| Poker |
Yes
|
Yes
Detailed information about Poker at Vave
|
| 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 Vave
|
| Table Games |
Yes
Detailed information about Table Games at Rainbet
|
Yes
|
Rating
| Rainbet | Vave | |
|---|---|---|
|
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.
Vave delivers a strong day to day crypto gambling experience with a large game library, fast payouts, a generous 4 BTC welcome package, and one of the only native iOS apps in the crypto casino space. The platform is held back significantly by the loss of its Curaçao license following the 2024 corporate restructure. It now operates under a Costa Rica registration with no regulatory oversight and no formal dispute resolution for players. The 50x bonus wagering, 3x deposit turnover rule, and restrictive new player withdrawal limits add further friction. Recommended for crypto native players who prioritise game variety and mobile experience over regulatory safety.