Rakebit vs Test Vave Casino Comparison
General Information
Description
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.
Vave Casino is a crypto-first online casino and sportsbook launched in 2022. It offers over 10,000 games from 100+ providers, supports 80+ cryptocurrencies, and features instant withdrawals with no fees. The platform includes provably fair original games, comprehensive sports betting covering 30+ sports, and an 18-tier VIP program.
Pros and Cons
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)
Advantages
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80+ cryptocurrencies supported
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Instant crypto withdrawals with no fees
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10,000+ games from 100+ providers
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Provably fair original games
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No KYC required for most transactions
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24/7 live chat support
Disadvantages
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Not available in US, UK, France
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High 40-50x wagering requirements on bonuses
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Withdrawal limits for new players (500 USDT/day)
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Curaçao license only (less regulatory oversight)
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No dedicated mobile app
Information
| Rakebit | Test Vave Casino | |
|---|---|---|
| Type | Casino | Casino |
| Year Founded | 2024 | 2022 |
| Company | Innovex Tech Holdings Ltd | CHESTOPTION S.R.L. |
| Regulation | Anjouan Gaming Board (Comoros) #ALSI-202504026-FI1 | Curaçao GLH-OCC HKTW0702282021 |
| Mobile App | Yes | No |
| Live Support | Yes | Yes |
| Payment Methods (Fiat) | - |
|
| Payment Methods (Crypto) |
|
- |
| Minimum Deposit | $5 | 3 USDT |
| Deposit Fees | Free for crypto deposits, standard blockchain network fees apply | Free (network fees only) |
| Minimum Withdrawal | 10 USDT | 3 USDT |
| Withdrawal Fees | Marketed as free; terms reserve right to charge on repeated withdrawals. Blockchain network fees always apply. | Free (network fees only) |
| Withdrawal Time |
Instant
More information
|
Instant
More information
|
| Rakebit Go to Rakebit | Test Vave Casino Go to Test Vave Casino |
Welcome Bonus
| Rakebit | Test Vave Casino | |
|---|---|---|
| Welcome Bonus | Yes | Yes |
| Bonus Amount | Up to $10,000 USDT + 200 Free Spins | 150% up to 1.5 BTC + 100 Free Spins |
| Minimum Deposit | 5 USDT | 20 USDT |
| Time to Redeem | 7 Days | 30 Days |
| Wagering Requirements | 30x | 40x |
| Conditions |
|
|
| Bonus Code | ||
| Claim bonus Claim bonus at Rakebit | Claim bonus Claim bonus at Test Vave Casino |
No-Deposit Bonus
| Rakebit | Test Vave Casino | |
|---|---|---|
| No-Deposit Bonus | No | Yes |
| Bonus Amount | - | 15 Free Spins on Lady Wolf Moon |
| Free Spins | - | 15 Spins |
| Time to Redeem | - | 7 Days |
| Wagering Requirements | - | 40x |
| Conditions |
|
|
| Bonus Code | No code required | |
| Claim bonus Claim bonus at Rakebit | Claim bonus Claim bonus at Test Vave Casino |
Other Bonuses
| Rakebit | Test Vave Casino | |
|---|---|---|
| VIP Rewards | Yes | Yes |
| VIP Rewards Details | 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. | Vave offers separate Casino and Sports VIP programs. The Casino VIP has 18 levels, earning 1 VP per $30 wagered on slots. Rewards start at Level 2 with 5 USDT + 10 free spins, scaling up to 100,000 USDT at Level 18. Perks include personal managers, tailored reloads, and priority withdrawals. The Sports VIP has 7 levels, earning 1 VP per $10 bet, with monthly resets. Both programs offer weekly cashback and instant rakeback. VIP points can be exchanged for cash at 100 VP = 1 USDT. |
| Other Bonuses | Yes | Yes |
| Other Bonuses Details | 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. | Thursday Reload: 50% deposit bonus up to 150 USDT plus free spins, available every Thursday. Sports Welcome Bonus: 100% up to 1 BTC for new sports bettors with 10x rollover requirement. Regular tournaments and promotions add ongoing value for active players. |
Games
| Rakebit | Test Vave Casino | |
|---|---|---|
| Slots |
Yes
(4800+)
Detailed information about Slots at Rakebit
|
Yes
(8000+)
Detailed information about Slots at Test Vave Casino
|
| Baccarat |
Yes
|
Yes
|
| Bingo |
Yes
Detailed information about Bingo at Rakebit
|
Yes
|
| Blackjack |
Yes
|
Yes
Detailed information about Blackjack at Test Vave Casino
|
| Craps |
Yes
|
Yes
|
| Crash Games |
Yes
Detailed information about Crash Games at Rakebit
|
Yes
Detailed information about Crash Games at Test Vave Casino
|
| Jackpots |
Yes
Detailed information about Jackpots at Rakebit
|
Yes
|
| Keno |
Yes
Detailed information about Keno at Rakebit
|
Yes
|
| Poker |
Yes
|
Yes
|
| Roulette |
Yes
|
Yes
Detailed information about Roulette at Test Vave Casino
|
| Scratch Cards |
Yes
|
Yes
|
| Sic Bo |
Yes
|
Yes
|
| Sports Betting |
Yes
Detailed information about Sports Betting at Rakebit
|
Yes
Detailed information about Sports Betting at Test Vave Casino
|
| Table Games |
Yes
Detailed information about Table Games at Rakebit
|
Yes
|
Rating
| Rakebit | Test Vave Casino | |
|---|---|---|
|
Overall Rating
Show overall rating information
|
Our Opinion
Conclusion
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.
Vave Casino delivers a solid crypto gambling experience with an impressive game library, fast transactions, and generous welcome bonuses. While the high wagering requirements and Curaçao-only licensing may concern some players, the provably fair games, extensive crypto support, and active VIP program make it a strong choice for cryptocurrency gamblers.