Info about Rakebit

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.

Pros and Cons

Advantages

  • 5,868 games from 65 providers

  • Welcome package up to $10,000 USDT with 30x/35x wagering

  • 16 provably fair Rakebit Original games

  • No KYC required for basic usage (triggered at ~$8,000/day withdrawals)

  • 21-tier VIP program with up to 25% rakeback and unlimited cashback at Whale tier

  • Fast crypto withdrawals (tested at 32 seconds for BEP20)

  • 2FA available for account security

  • Friends Play feature for private/public shared gambling rooms

Disadvantages

  • Anjouan license lacks strength of MGA, UKGC, or Curacao CGCB

  • No fiat deposit or withdrawal options (MoonPay/Changelly on-ramp removed)

  • Minimal responsible gambling tools (no built-in limits, only begambleaware.org link)

  • Large win payout caps ($500K max) and installment delays ($50K+ over 30 days)

  • New platform (launched 2024) with limited track record

  • Documented pattern of post-win account closures across Trustpilot and Casino.guru

  • Operator previously linked to defunct TrueFlip.io (unverified)

Key Facts

Rakebit Bonus

Welcome Bonus

Welcome Bonus Yes
Bonus Code
Max. Bonus 🎁   10000 USDT
Free Spins 🎰   200 Spins
Min. Deposit 5 USDT
Time to Redeem 7 days
Wagering Requirements
x30
Detailed bonus conditions for Rakebit
Show Details

Up to $10,000 USDT + 200 Free Spins

  • 1st deposit: 100% up to $4,000 USDT with 30x wagering

  • 2nd deposit: 150% up to $3,500 USDT with 35x wagering

  • 3rd deposit: 200% up to $2,500 USDT with 35x wagering

  • Max bet during bonus: $5 USDT

  • Max cashout: 10x bonus amount

  • Bonus expires after 7 days

  • Free spins scale: 100 at $100 deposit, up to 200 at $300+ deposit

No-Deposit Bonus

No-Deposit Bonus No

Games and Features of Rakebit

Games

Slots
Detailed info about Slots on Rakebit
Baccarat
Bingo
Detailed info about Bingo on Rakebit
Blackjack
Craps
Crash-Games
Detailed info about Crash-Games on Rakebit
Jackpots
Detailed info about Jackpots on Rakebit
Keno
Detailed info about Keno on Rakebit
Lotto
Poker
Roulette
Scratch Cards
Sic Bo
Sports Betting
Detailed info about Sports Betting on Rakebit
Table Games
Detailed info about Table Games on Rakebit

Live Games

Live-Baccarat
Detailed info about Live-Baccarat on Rakebit
Live-Blackjack
Detailed info about Live-Blackjack on Rakebit
Video-Poker
Live-Roulette
Detailed info about Live-Roulette on Rakebit

Supported Cryptocurrencies

  • Bitcoin (BTC) logo Bitcoin (BTC) logo
  • Ethereum (ETH) logo Ethereum (ETH) logo
  • Tether (USDT) logo Tether (USDT) logo
  • Bitcoin Cash (BCH) logo Bitcoin Cash (BCH) logo
  • BNB (BNB) logo BNB (BNB) logo
  • Cardano (ADA) logo Cardano (ADA) logo
  • Chainlink (LINK) logo Chainlink (LINK) logo
  • Dogecoin (DOGE) logo Dogecoin (DOGE) logo
  • Litecoin (LTC) logo Litecoin (LTC) logo
  • Polygon (MATIC) logo Polygon (MATIC) logo
  • Shiba Inu (SHIB) logo Shiba Inu (SHIB) logo
  • Solana (SOL) logo Solana (SOL) logo
  • Stellar (XLM) logo Stellar (XLM) logo
  • Sui (SUI) logo Sui (SUI) logo
  • Toncoin (TON) logo Toncoin (TON) logo
  • TRON (TRX) logo TRON (TRX) logo
  • USD Coin (USDC) logo USD Coin (USDC) logo
  • XRP (XRP) logo XRP (XRP) logo

Payment Methods

No fiat payment methods supported.

Our Rakebit Rating

Test Result

Overall Rating
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Rakebit Overall Rating
Security and Licensing
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Rakebit: 65% out of 100%
Our rating for the Security and Licensing category
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Poor Excellent
Crypto Infrastructure
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Rakebit: 78% out of 100%
Our rating for the Crypto Infrastructure category
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Poor Excellent
Provably Fair and Game Integrity
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Rakebit: 78% out of 100%
Our rating for the Provably Fair and Game Integrity category
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Poor Excellent
Withdrawal Speed and Reliability
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Rakebit: 70% out of 100%
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Poor Excellent
Bonuses and Fairness
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Rakebit: 78% out of 100%
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Poor Excellent
User Experience
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Rakebit: 80% out of 100%
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Poor Excellent
Customer Support
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Rakebit: 72% out of 100%
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Poor Excellent
Responsible Gambling
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Rakebit: 40% out of 100%
Our rating for the Responsible Gambling category
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Poor Excellent

Our 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.
Photo of Danny Korval
Casino Reviewer & Bonus Analyst

Play at Rakebit

Rakebit Logo

Rakebit

Casino
Photo of Danny Korval
Casino Reviewer & Bonus Analyst · Updated: April 24, 2026

Rakebit launched in 2024 and already lists 5,868 games from 65 providers. The operator behind it, Innovex Tech Holdings Ltd, moved from a Costa Rica registration to an Anjouan gaming license in April 2025 and also removed both fiat on ramps (MoonPay and Changelly) in the process. You now need to already hold crypto to use this platform.

The product itself has real strengths: 16 provably fair Originals with published RTPs from 97% to 99.43%, a VIP program that scales to 25% rakeback with no wagering on cashback, and the fastest withdrawal we tested at any casino in this review cycle (under 60 seconds on BEP-20). The first deposit wagering is also 30x, not the 40x that most affiliate sites incorrectly report.

Rakebit’s final score: 72 out of 100 across our 50 review criteria. The sub-60 second withdrawals and transparent VIP tiers are where Rakebit earns its marks. The Anjouan license, entity switch history, player confiscation complaints, and absent responsible gambling tools are why it stays at 72.

How We Tested Rakebit

We deposited USDT on both TRC-20 and BEP-20, then played all 16 Rakebit Originals including Crash, Crash Fish, Plinko (97.11% RTP), Blackjack (99.43% RTP), Mines, Limbo, Tower, and Keno. We also tested live dealer tables from Evolution and Pragmatic Play Live.

On the sportsbook side, we placed prematch and live bets across multiple sports and tested a BEP-20 withdrawal to verify payout speed. Over 20 hours of testing across desktop and the mobile PWA.

Beyond our own testing, we cross referenced player feedback across Casino.guru (8.1/10), Trustpilot (~428 reviews, 4.0/5), LCB, AskGamblers, Gamblineers (5.9/10), and several crypto specific review sites. We also reviewed FinTelegram’s compliance reports for regulatory context.

First Impressions: 20 Hours Inside Rakebit

Signing up took under two minutes. Email registration with a promo code field at signup, no identity documents needed, and you can deposit and start playing right away.

The interface is low-light and easy on the eyes for longer sessions. Categories for Casino, Slots, Live Casino, Table Games, Sports, and Rakebit Originals sit across the top. Everything is one tap away on mobile.

The whole thing feels like it was designed by people who actually play on crypto casinos. Everything loads fast, the dark theme is easy on the eyes for long sessions, and there is a built in chat plus Friends Play rooms where you can watch other players’ bets. Most competitors do not bother with that social side at all.

How Fast We Got In

We went from the signup page to a live bet in about 4 minutes. USDT on TRC-20 credited after one confirmation, and there was no KYC check at any point during registration or deposit.

We started with the Rakebit Originals library. Crash Fish and Plinko were the standouts with provably fair verification on every round. We then tested Gates of Olympus (96.50% RTP) from Pragmatic Play and a live blackjack table powered by Evolution.

On desktop, games snapped open almost instantly. Through the PWA on mobile, there was a slight delay but nothing that disrupted the flow. No frozen games or disconnections during testing.

Pro Tip

Rakebit is strictly crypto only. There is no fiat deposit option, and the MoonPay and Changelly widgets that previously let you buy crypto with a card have been completely removed. You need to already hold cryptocurrency to use this platform.

Since there is no fiat option here at all, you need crypto in hand before you can play. Our beginner deposit guide walks through buying your first crypto and sending it to a casino. For Rakebit, USDT on TRC-20 or BEP-20 will get your balance credited fastest.

Gameplay and Lobby Navigation

Categories are straightforward: slots take up most of the space, but the Originals and Live Casino sections are where Rakebit stands out from the crowd. The sportsbook sits in its own tab.

You can browse by provider name, and the search bar handles game titles well. There is no RTP filter or volatility sorting. The “New” and “Popular” tabs are very helpful to discover games, and a Missions section gamifies progression with challenges tied to Store rewards.

Rakebit offers support in English, French, German, Portuguese, Japanese, Spanish, and Russian. Seven options total, which is very complete for crypto casinos standards.

Is There a Rakebit App?

Yes. Rakebit offers an app for both iOS and Android with dedicated download buttons on the site. The platform claims the app delivers faster withdrawals, exclusive bonuses not available in the browser, 830% faster loading, and enhanced security.

On iOS you install it through Safari’s “Add to Home Screen” and on Android through Chrome. It’s considered a Progressive Web App (PWA), so not a regular app that you can download from the App Store or Google Play. However, once you’ve added to your home screen, you can access it as any other app.

We deposited, played slots and live tables, placed a few sports bets, and cashed out all through the app. Worked fine every time.

The Withdrawal Test

We requested a USDT withdrawal on BEP-20 on a Wednesday at 14:22 UTC to see how fast it would actually land. No KYC beyond basic registration at this point.

Result: USDT on BEP-20 requested at 14:22 UTC, approved instantly by Rakebit (fully automated), sitting in our BEP-20 wallet at 14:23 UTC. Total processing time: under 60 seconds from withdrawal request to blockchain confirmation.

No identity check came up at this amount. The USDT landed in our external wallet within a minute. One independent reviewer tested a larger 400 USDT BEP-20 withdrawal and recorded 32 seconds from request to wallet.

The Fine Print on Big Cashouts

That sub-60 second result came from a standard sized cashout. Scale up, and the terms tell a different story: manual review can stretch to 2 business days, with anti fraud holds lasting up to 7 days. KYC kicks in around $8,000 per day or 20,000 USDT per month in total withdrawals.

Wins over $50,000 may be paid in equal installments over 30 days. The maximum win cap per bet is $500,000, and anything above that is voided per the terms. We cover the account closure pattern in the safety section below.

Rakebit Originals: 16 Provably Fair Games with Published RTPs

Rakebit’s in house games are one of the strongest parts of the platform. All 16 originals come with cryptographic verification and published RTPs ranging from 97% to 99.43%. That house edge is competitive with what BC.Game and Shuffle offer on their originals.

GameTypeConfirmed RTP
BlackjackCard game99.43%
CrashCrash99%
PlinkoBall drop97.11%
KenoNumber draw97.06%
MinesGrid reveal~97%
DiceDice~97%

The full originals library also includes Crash Fish, Plinko 1000, PlinkoX, Lucky Mines, Dice: Hold the Spin, Limbo, Tower, HiLo, Diamonds, and Wheel. All 16 titles support seed-based verification with approximately 97% RTP.

The maximum bet on originals is $200 and the maximum win per round up to $500,000. Crash and Blackjack offer the lowest house edge in the lineup, making them the strongest options for players who prioritize expected value.

How Provably Fair Works on Rakebit

Every Original at Rakebit is verifiable through standard SHA-256 cryptography. The platform has its own checking tool baked into the game interface, and any external hash calculator will produce the same answer.

What matters more than the mechanism is the RTP transparency: Rakebit actually publishes per game return rates (Blackjack at 99.43%, Crash at 99%, Plinko at 97.11%) rather than just saying “provably fair” and leaving you to guess. If you want to run the hash check yourself, the manual verification guide shows how.

For a deeper explanation of how this system works across crypto casinos, browse our Krypto Casinos best sites for house games directory.

RTP Transparency: How Rakebit Compares

Provably fair proves the outcome was not rigged after the bet. It does not prove the house edge is what the casino claims. A game can be provably fair and still run at 95% RTP instead of 99%.

Rakebit publishes RTPs for Crash (99%), Blackjack (99.43%), Plinko (97.11%), and Keno (97.06%). The remaining originals show approximately 97% based on independent testing by BTCGosu. That level of transparency is better than competitors that claim “99%+” without publishing per game values but behind BC.Game, which publishes exact RTPs for all 73 originals.

The 97% RTP on most Rakebit originals translates to a 3% house edge. For context, that is higher than BC.Game’s 1% house edge on Crash and Dice, but lower than the 3.5% to 5% typical of standard RNG table games from third party providers.

Casino Games: 5,868 Titles from 65 Providers

Rakebit’s game library includes a total of 5,868 titles from 65 providers. That is more than Shuffle (around 4,000) and roughly on par with Gamdom (~5,500), though BC.Game (10,000+) and Jackbit (8,500+) still have it beat. Slots, live dealer, table games, game shows, and the 16 originals covered above make up the mix.

One thing we noticed: Rakebit’s homepage still says “7,000+ games.” We counted 5,868 in the actual lobby. Most affiliate sites just copy the 7,000 number without opening the lobby themselves.

Slots: ~4,800 Titles

Slots are the most popular game of the site with roughly 4,800 games available. Pragmatic Play and NetEnt have the biggest presence, with Hacksaw Gaming, Nolimit City, and Play’n GO well represented too.

SlotProviderRTP
Gates of OlympusPragmatic Play96.50%
Starlight PrincessPragmatic Play96.50%
Dog House MegawaysPragmatic Play96.55%
Fruit PartyPragmatic Play96.47%
Fire in the HoleNolimit City96.06%
Dork UnitHacksaw Gaming96.30%

The average slot RTP is between 95% and 97%, which is standard for the industry. The lobby has no RTP filter or volatility sorting. To compare return rates before playing, open the info screen inside each game or reference the Krypto Casinos RTP explainer for the most popular titles.

Live Casino: 450+ Tables

The live casino section includes over 450 tables from Evolution Gaming, Pragmatic Play Live, Ezugi, Winfinity, TVBet, and Spribe.

You will find 170+ blackjack tables, 70+ baccarat tables, 60+ roulette tables, and 30+ game shows including Crazy Time, Monopoly Live, and Lightning Roulette.

When playing at Rakebit, we didn’t experience any lag or frame drops on standard broadband. Table limits range from low stakes up to VIP ceilings, and live dealers are available around the clock. The busiest selection is during European and Asian peak hours.

Software Providers: 65 Integrated Studios

Casino.guru counts 65 providers. The full list includes major, mid tier, and niche studios across every game category.

Provider TierStudios
Tier 1 (Major)Pragmatic Play, Evolution, NetEnt, Play’n GO, Hacksaw Gaming, Nolimit City
Tier 2 (Strong)Yggdrasil, Red Tiger, BGaming, Push Gaming, Thunderkick, Big Time Gaming, Betsoft
Tier 3 (Niche)Endorphina, Evoplay, PGSoft, Spribe, OneTouch, Kalamba, Ka Gaming
Live SpecialistsEvolution Gaming, Pragmatic Play Live, Ezugi, Winfinity, TVBet

65 providers inside the first year of operation is aggressive. Most platforms take 3 to 5 years to build that kind of integration list.

Sportsbook: 35+ Sports, 25+ Esports, Live Betting

The sportsbook is powered by BETBY and covers 35+ traditional sports plus 25+ esports titles. With a clean interface and fast loading times, switching between sports is very easy on both desktop and mobile.

It is not as deep as dedicated sportsbooks like Stake or Pinnacle, but it covers the markets most crypto bettors care about.

CategoryCoverage
FootballMajor leagues, Champions League, lower divisions, international
BasketballNBA, EuroLeague, national leagues
TennisATP, WTA, Challenger, ITF
Combat SportsUFC, Bellator, boxing
HockeyNHL, KHL
CricketIPL, international matches, T20 leagues
EsportsCS2, Dota 2, Valorant, League of Legends, FIFA, simulated sports
Niche SportsKabaddi, Pickleball, Lacrosse, Table Tennis, Darts

You get the full range of bet types: singles, accumulators, system bets, handicaps, totals, and futures. Six odds formats are available including Decimal, American, and Fractional, plus Hong Kong, Indonesian, and Malaysian for Asian market players.

Live Betting and Features

Live betting runs with real time odds and cash out on eligible markets. Some matches also have live streaming built in. The live selection is thinner than what BC.Game or Gamdom offer, but the core sports are well covered during peak hours.

There is also a separate sports welcome bonus and weekly reload offers for sportsbook players. Terms are different from the casino bonus, so check the details before opting in.

Pro Tip

The sportsbook and casino share the same wallet and account. You do not need separate balances.

Sports bettors are not exempt from the confiscation complaints. Multiple Trustpilot reports involve sportsbook winnings specifically. Cash out after wins rather than letting your balance grow.

Crypto Payments: 19 Coins, No Fiat

Rakebit supports 19 cryptocurrencies natively. There are no fiat deposit or withdrawal options. The MoonPay and Changelly card-to-crypto widgets that previously allowed newcomers to purchase crypto directly on site have been completely removed.

If you do not already hold crypto, you will need to buy it on an exchange first and then transfer it to Rakebit.

Supported Cryptocurrencies

The full list: USDT, USDC, BTC, ETH, SOL, LTC, XRP, TRX, BNB, TON, ADA, XLM, DOGE, SHIB, BCH, LINK, SUI, POL, and CSC (CasinoCoin).

That is 19 coins total. Minimum deposit is $3 for USDT or $5 for most other coins.

Both USDT and USDC are available across multiple networks, so if you prefer playing in stablecoins to avoid price swings mid session, you are covered.

USDT Network Options

NetworkTypical SpeedRelative Fee
TRC-20 (Tron)Under 1 minuteLow
BEP-20 (BSC)Under 1 minuteLow
ERC-20 (Ethereum)1 to 5 minutesHigh

For USDT, TRC-20 and BEP-20 are the obvious picks. Our TRC-20 test deposit credited in under 60 seconds. ERC-20 gas fees make it a poor choice unless you are moving several thousand dollars.

Important: No Fiat On-Ramp

This is a meaningful drawback compared to competitors. Jackpotter accepts Visa, Mastercard, Skrill, Apple Pay, and Google Pay. BC.Game offers fiat deposits through multiple methods. Rakebit previously had MoonPay and Changelly integrations, but both have been removed entirely.

If you are new to crypto gambling, platforms with fiat on-ramps will be significantly easier to start with. Rakebit is built for players who already hold and use cryptocurrency.

Welcome Bonus: Up to $10,000 USDT with Real 30x Wagering

Rakebit offers a three deposit welcome package worth up to $10,000 USDT plus up to 200 free spins on Gates of Olympus. The structure scales aggressively: the match percentage increases with each deposit while the wagering stays reasonable.

DepositMatchMaximumWagering
1st deposit100%$4,000 USDT30x
2nd deposit150%$3,500 USDT35x
3rd deposit200%$2,500 USDT35x

The catch: maximum cashout is 10x the bonus amount, and bonus funds expire after 7 days. If you deposit $100 and get a $100 bonus, the most you can walk away with is $1,000 no matter how big the win.

Why Most Sites Report 40x Wagering

This is the single biggest data error we found across competing reviews. CryptoSlate, 99Bitcoins, CasinosBlockchain, and multiple other affiliate sites report 40x wagering on all three deposits. The actual requirements on rakebit.com are 30x on the first deposit and 35x on the second and third.

We verified this directly on the bonus page. The 30x first deposit wagering is competitive by any crypto casino standard. Need context on what 30x actually costs you? The wagering requirements explainer runs through the math.

The 7 day expiry is tight. Clearing 30x on a $4,000 bonus means wagering $120,000 in one week. That is achievable for high volume slot players but unrealistic for table game or low stakes players.

Use code KCBONUS at registration to activate the bonus. Our Krypto Casinos Rakebit promo code page has the full breakdown.

Beyond the welcome bonus, Rakebit runs weekly races, sports reload bonuses, daily free spins, and a referral program that pays ongoing revenue share on referred players.

VIP Program: 21 Tiers from Rake Bear to Rakebit Whale

Rakebit’s VIP system is one of the more transparent loyalty programs in the crypto casino space. 21 levels across 5 ranks, with every benefit clearly published on the site. No hidden tiers, no vague “contact your VIP manager” language at lower levels.

RankLevelsRakebackDaily CashbackMax CashbackLevel Up Bonus
Rake Bear1 to 5Up to 5%Up to 5%$500Up to 43 USDT
High Roller6 to 10Up to 10%Up to 10%$1,750Up to 375 USDT
Diamond Hands11 to 15Up to 15%Up to 15%$4,000Up to 1,525 USDT
Legendary Beast16 to 20Up to 20%Up to 20%$9,000Up to 37,500 USDT
Rakebit Whale2125%25%UnlimitedSpecial bonus

Every rank also unlocks expanded access to the Store, Missions, and Minigames. Whale tier members receive a personal VIP manager and tailor made promotions.

How Rakeback and Cashback Work

Rakeback is instant. Every bet you place returns a percentage immediately based on your current tier. There is no accumulation period and no minimum threshold to claim it.

Daily cashback is calculated on net losses from the previous day and credited automatically. At Whale tier, the cashback has no cap. At every other tier, the cap ranges from $500 to $9,000.

Here is what matters most: both rakeback and cashback hit your withdrawable balance immediately. No extra wagering, no minimum threshold to unlock it. Most competitors either lock cashback behind a wagering multiplier or make you wait until you reach a minimum amount.

VIP Status Transfer

Rakebit offers VIP status transfer for players migrating from other casinos. If you hold a high tier at a competitor, you can contact vip@rakebit.com with proof and request an equivalent starting tier. This skips the grind of rebuilding VIP status from scratch.

Is the VIP Program Worth It?

For regular players, the rakeback alone adds meaningful value from day one. Even at Rake Bear level 1, you are getting a percentage back on every bet with zero strings attached.

The jump from Legendary Beast to Rakebit Whale is where the economics change significantly. Unlimited cashback at 25% with no cap and no wagering makes Whale tier one of the strongest VIP propositions in crypto gambling. The question is whether the volume required to reach level 21 is realistic for your bankroll.

Compared to BC.Game’s 300+ tier BCD system and Shuffle’s SHFL token boosters, Rakebit’s model is simpler and more predictable. You always know exactly what percentage you are earning.

Is Rakebit Safe? Licensing, Trust, and the Account Closure Pattern

On paper, the trust signals look decent: Casino.guru Safety Index of 8.1/10, Trustpilot 4.0/5 across ~428 reviews, and no unfair or predatory clauses flagged in the terms. Dig a level deeper and things get more complicated.

Licensing and Operator History

Rakebit operates under Anjouan Gaming Board license #ALSI-202504026-FI1, valid from April 2025 through April 2026. The operator is Innovex Tech Holdings Ltd, registration number 15736, registered in Hamchako, Mutsamudu, Autonomous Island of Anjouan, Union of Comoros.

Before April 2025, the platform was operated by Tech Group BL Limitada, registered in Costa Rica. The shift from Costa Rica to Anjouan is a move toward lighter regulation, not stronger. FinTelegram’s compliance report described it as strategic jurisdictional shopping.

Payment processing routes through Novaflow Processing LTD, a Cyprus registered entity. FinTelegram also flagged a possible connection to the defunct TrueFlip.io casino, though this remains unverified.

The Post Win Account Closure Pattern

This is the biggest red flag in our research. Multiple players across Trustpilot, Casino.guru complaints, and BitcoinTalk describe a consistent pattern.

The sequence: win a significant amount, request a withdrawal, receive a notification that the account has been closed citing anti fraud policy clause 17.1, and lose the entire balance.

Documented cases include a $30,000 confiscation reported on BitcoinTalk, a $12,000 withholding after hockey betting on Trustpilot, and multiple $5,000 to $9,500 seizures on Casino.guru. In some investigated cases, multi accounting was confirmed and the casino’s action was deemed justified. In others, players allege no rule violations occurred.

This pattern is not unique to Rakebit. Other Anjouan licensed casinos show similar documented sportsbook blocking. But the frequency relative to Rakebit’s young age is notable.

Our Honest Assessment

If you plan to play with small to medium amounts and withdraw frequently, the risk is lower. The fast withdrawal speeds we tested support that strategy. If you plan to build a large balance or make high value bets, the account closure pattern is a real risk you need to factor in.

The Anjouan license provides almost no dispute resolution mechanism if your account is closed. Unlike Curacao CGCB or MGA licensed casinos, there is no independent regulator you can escalate to with any realistic expectation of action.

Security Features

SSL encryption is standard across the site, and 2FA is available in account settings. That second one actually matters: a lot of crypto casinos at this license tier skip 2FA entirely.

KYC is not required at registration or for basic usage. It triggers at approximately $8,000 per day or 20,000 USDT per month in cumulative withdrawals, or at the casino’s discretion for flagged activity. The three tier approach (no KYC, basic KYC, enhanced KYC) is standard for offshore crypto casinos.

Our Trust Assessment

Rakebit is not a scam. Casino.guru found no unfair terms, real players receive real payouts, and our own withdrawal test confirmed the payout process works. The operator is identified and the license number is verifiable.

The concerns are structural. A weak license means limited recourse. The operator transition from Costa Rica to Comoros raises questions about long term stability. The complaints from winning players are too frequent and too consistent to write off as one-offs.

For context, Gamblineers scored Rakebit 5.9/10 with a specific warning about frozen accounts, and LCB ranks it 355 out of 1,671 casinos at 3.1/5. The picture from other reviewers matches what we found: the product works, but the trust foundation has holes.

Customer Support: 24/7 Live Chat

Support runs 24/7 through live chat and email. You will hit an AI chatbot first, but it handed us off to a human agent in under a minute. The agent we spoke to gave accurate answers about withdrawal processing times, which is more than some competitors manage.

For email, use support@rakebit.com for general questions or vip@rakebit.com if you are a VIP player. There is also media@rake-partners.com for partnership queries, but most players will never need that one.

Social media channels include X (~11,900 followers), Telegram (~8,700 across channel and community chat), Discord, and Instagram. The platform also maintains TikTok, YouTube, Kick, and Facebook accounts.

The gaps are notable. There is no phone support, no FAQ or knowledge base section, and no ticket tracking system. Customer service is English only despite the platform supporting 7 languages. Some reviewers report agents unable to answer basic questions about platform features.

Responsible Gambling

CryptoManiaks scored Rakebit’s responsible gambling at 1.4 out of 5. After checking the platform ourselves, we understand why.

There is no dedicated responsible gambling page on the site. The only visible element is an 18+ badge and a single link to begambleaware.org in the footer. That is it.

There are no built in deposit limits, loss limits, session time limits, or reality check features. Self exclusion is not available as a toggle in account settings. To self exclude, you need to email support@rakebit.com and request it manually.

MGA or UKGC operators are required to offer self service deposit limits, cool off periods, and mandatory reality checks. Rakebit’s regulator does not require any of that, and the platform does not offer it voluntarily.

If you rely on responsible gambling tools as part of your playing discipline, this is a serious gap. If built in spending controls are part of how you manage your play, Shuffle’s Shuffle Wise dashboard or any MGA licensed operator will give you what Rakebit cannot. The Krypto Casinos responsible gambling resource page has additional guidance and external links.

How Rakebit Compares to Other Crypto Casinos

Rakebit is the newest of the three platforms below, which makes the comparison useful. The full Krypto Casinos crypto casino rankings has the wider picture.

FeatureRakebitBC.GameShuffle
Welcome BonusUp to $10K (30x/35x)380% to $4K (40x)200% to $1K (35x/7d)
Game Count5,86810,000+2,000 to 4,000
Cryptos Supported19150+20
Fiat DepositsNoYesNo
Originals16 (97% to 99%)73 (99% displayed)11 (99% displayed)
Withdrawal Speed~1 min (USDT BEP-20)~5 to 30 min~1 min (USDT TRC-20)
VIP Program21 tiers + 25% rakeback300+ tiers + BCD50+ tiers + SHFL boosters
Responsible GamblingNear absentBasic toolsShuffle Wise (limits)
LicenseAnjouanAnjouan (was Curacao)Curacao (CGCB)
KryptoCasinos Score72/10080/10079/100

Key Trade Offs

Rakebit’s pitch is straightforward: the biggest bonus ceiling in this group ($10,000 across three deposits), the lowest first deposit wagering we have verified at 30x, and a rakeback system where you always know exactly what percentage you earn at every tier. No token math, no BCD formulas, just percentages.

What BC.Game offers over Rakebit is sheer scale: 10,000+ games, 150+ coins, and a VIP ladder with 300+ levels. Both sit on the same Anjouan license now, so the regulatory gap between them is zero.

Shuffle is the choice if licensing weight and withdrawal speed matter most to you. Its Curaçao CGCB license is a tier above, and its payouts cleared faster than anyone else in our test cycle. The trade off is a smaller catalog and a mandatory KYC step before your first deposit.

The honest gap for Rakebit: no fiat deposits at all, responsible gambling tools that are practically nonexistent, and an account closure pattern that should make anyone with a five figure balance think twice.

Is Rakebit Worth It in 2026?

Best For

  • Crypto native players who already hold coins and want 19 deposit options with fast payouts
  • Bonus hunters who can clear 30x wagering within the 7 day window on slots
  • VIP focused players who value simple, transparent rakeback with no wagering on cashback
  • Players who want provably fair originals with published RTPs (97% to 99.43%)
  • Social gamblers who want Friends Play rooms and built in chat

Look Elsewhere If You

  • Need strong regulatory protection from an MGA, UKGC, or Curacao CGCB licensed operator
  • Want to deposit with a credit card, bank transfer, or any fiat method
  • Rely on responsible gambling tools like deposit limits, session timers, or self exclusion toggles
  • Expect to withdraw five figures or more in a single cashout
  • Primarily bet on sports and want confidence your winnings will not be confiscated

Rakebit is a young platform that nails the crypto gambling basics: fast payouts, a strong Originals library with published RTPs, and a straightforward VIP system that pays from day one. The 30x first deposit wagering is better than what most competitors offer, and the 16 provably fair games give crypto native players what they actually want.

The trust foundation has cracks. An entity that moved from Costa Rica to the Comoros, a regulator that cannot help you if your balance gets seized, and a growing list of player confiscation reports all point to a platform prioritizing growth over safety. If you decide to play here, treat Rakebit like a pay-as-you-go service: deposit what you plan to play with, pull profits out the same day, and never let a balance sit overnight.

Krypto Casinos Score: 72 out of 100

Security and Licensing (20%): 65/100. Anjouan license, operator transition history, FinTelegram compliance concerns, player confiscation reports. 2FA available.

Crypto Infrastructure (20%): 78/100. 19 coins, multi network USDT, fast payouts tested at under 1 minute. No fiat options at all, MoonPay/Changelly removed.

Provably Fair (15%): 78/100. 16 originals with published RTPs (97% to 99.43%), seed verification on all originals. Provably fair limited to 16 of 5,868 games.

Withdrawal Speed (15%): 70/100. Fast under routine amounts, but manual review up to 7 days, $50K+ installments, and account closure risk for large wins.

Bonuses (10%): 78/100. $10,000 welcome package with verified 30x/35x wagering is competitive. 10x max cashout cap and 7 day expiry limit real value.

User Experience (10%): 80/100. 5,868 games, 7 languages, clean mobile app, Friends Play social feature. No RTP filter, no FAQ section.

Customer Support (5%): 72/100. 24/7 live chat, 3 email contacts, active social media. No phone, English only, some agents lack product knowledge.

Responsible Gambling (5%): 40/100. Near absent. No built in limits, no RG page, email only self exclusion. CryptoManiaks scored 1.4/5.

Ready to Try Rakebit?

If you want to try Rakebit, use code KCBONUS at registration. Start small, test the originals, and cash out early to make sure withdrawals go through before putting real money on the line.

Frequently Asked Questions About Rakebit

Rakebit is operated by Innovex Tech Holdings Ltd and licensed by the Anjouan Gaming Board (#ALSI-202504026-FI1). Casino.guru gave it an 8.1/10 Safety Index and found no unfair terms. Real players receive real payouts, and our own withdrawal test confirmed the process works. The main concerns are the weak Anjouan license, the operator entity change from Costa Rica to Comoros, and recurring reports of balances being seized after significant wins.

No KYC is required at registration or for basic deposits and withdrawals. Verification triggers at approximately $8,000 per day or 20,000 USDT per month in cumulative withdrawals, or at the casino’s discretion for flagged activity. 2FA is available as an optional security feature in account settings.

Rakebit previously integrated MoonPay and Changelly for card to crypto purchases directly on site. Both were removed entirely in 2025 around the same time the operating entity switched from Costa Rica to the Comoros Islands. No public explanation was given. You now need to purchase crypto on an exchange separately before depositing.

Routine crypto withdrawals process in under a minute. We tested a USDT BEP-20 withdrawal that completed in about 60 seconds. One independent reviewer recorded 32 seconds for a 400 USDT payout. Manual review can take up to 2 business days, and anti fraud checks extend to 7 days. Wins over $50,000 may be paid in installments over 30 days.

Up to $10,000 USDT across three deposits plus up to 200 free spins on Gates of Olympus. The first deposit is 100% match up to $4,000 with 30x wagering. The second and third deposits offer 150% and 200% matches with 35x wagering. Bonus funds expire after 7 days. Most review sites incorrectly report 40x wagering on all deposits.

Yes. Rakebit offers an app for iOS and Android with dedicated download buttons on the site. The app is technically a Progressive Web App (PWA) installed through your browser rather than through the App Store or Google Play. Rakebit claims the app delivers faster withdrawals, exclusive bonuses, and 830% faster loading.

The 16 Rakebit Originals (Crash, Plinko, Mines, Dice, Blackjack, and others) are provably fair with cryptographic seed verification. Published RTPs range from 97% to 99.43%. The remaining 5,852 third party games rely on provider level RNG audits and are not individually provably fair.

It is 30x on the first deposit. We verified this directly on the Rakebit bonus page. Most affiliate review sites incorrectly report 40x across all deposits. The second and third deposits do carry 35x wagering, but the first deposit is confirmed at 30x.

About the author

Photo of Danny Korval

Danny Korval

Casino Reviewer & Bonus Analyst

Danny Korval is a casino reviewer and bonus analyst who has been testing crypto gambling platforms since 2021. After years of playing on regulated Canadian sportsbooks, Danny made the switch to crypto casinos for the speed, privacy, and significantly better bonus structures. He has deposited real money at over 50 platforms and tracked every withdrawal time, wagering requirement, and customer support interaction along the way. Based in Malta.

Krypto-Casinos.com provides independent crypto casino reviews, guides, and rankings based on our published 50 checkpoint methodology. Our editorial team tests every platform with real deposits and withdrawals. This site contains affiliate links. When you sign up through our links, we may earn a commission at no extra cost to you. This does not influence our scores or rankings. Our content is for informational purposes only and does not constitute legal or financial advice. Verify that online gambling is legal in your jurisdiction before registering. Terms and conditions apply. 18+ only. Gamble responsibly.
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