Updated: 15 July 2024

Rakebit Review

Overall Rating 4.5

Rakebit Overview

Free spins and gamification galore!

4.5

Overall Rating

Bonuses 5/5

Look & Feel 5/5

Licensing & Safety 4/5

Game Selection 5/5

Payment Options 4/5

Customer Support 4/5

Websiterakebit.com

Established 2018

License Costa Rica

Welcome Bonus Up to 300 free spins

Wagering Requirement 35x

Live Chat Yes

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About the Author
Fern is a seasoned writer in the crypto casino world. With expertise in blockchain and writing, she produces well-researched content covering industry trends and casino reviews. Beyond tech, Fern offers user insights and regularly connects with iGaming experts. Plus, she’s an avid video game enthusiast.

Rakebit Casino is a slots aficionado's dream come true. With free spin bonuses, 7,000+ games, and approachable minimum deposits and withdrawals, there's a lot to like about this platform. If you're a stickler for fairness, you'll appreciate the 24 provably fair in-house games, too! But can all of this make up for the weaker Costa Rica license and withdrawal limits? I consider it all in my Rakebit review.

Pros & Cons

  • +
    300 free spins
  • +
    Great gamification elements
  • +
    7,000+ games
  • +
    24 provably fair originals
  • +
    On-site player's chatroom
  • +
    Sports betting
  • -
    Weaker Costa Rica license
  • -
    Daily, weekly, and monthly withdrawal limits
  • -
    Only available in English
  • -
    Live chat not always reliable

Supported Languages

Bonuses

Free spins and choices galore!

5/5

Though modest in size, Rakebit’s bonuses are perfect for everyday players with a passion for slots. The casino’s gamification elements (missions and points) also make it appealing for players looking for a long-term casino that offers continuous rewards.

Let’s start with what you really want to know:

Rakebit Welcome Bonus: Up to 200 Free Spins

Rakebit allows players to choose their preferred welcome bonus. The best option, in my opinion, is the 200 Free spins deal. I’ll break it down:

  • Bonus: 200 free spins
  • Min. deposit: 200 USDT
  • Max. cashout: 50 USDT
  • Wagering requirements: 35x
  • Qualifying game: Sweet Bonanza by Pragmatic Play

Even though you can only make a profit of 50 USDT, it’s the biggest bonus out of the lot. The wagering requirements are also slightly lower than the industry standard of 40x, which is a win in my book.

During my Rakebit test, I was limited to using the free spins on Sweet Bonanza, a popular slot game with a RTP of 96.49%.

If you’re a lower-stakes player, unsure about the 200 USDT minimum bonus deposit, you’ll be happy to hear that there is a smaller bonus option with a more approachable minimum deposit. Here it is:

  • Bonus: 100 free spins
  • Min. deposit: 100 USDT
  • Max. profit: 50 USDT
  • Wagering requirements: 35x

There’s also a 300 USDT free bet for sports betting up for grabs.

All in all, a nice (albeit low-stakes) welcome bonus offering from Rakebit.

It doesn’t much compare to the massive 5 BTC bonus from Cloudbet or the $220,000 package from BC.Game, but for slots fans, Rakebit’s free spins might just suffice.

Rakebit Missions and Gamification

rakebit missions hub

Rakebit’s point-based missions really got me excited. I love to see casinos embracing gamification!

Completing missions and earning points at Rakebit gives you access to the casino store, boosts your position on the leaderboard, and grants you access to bonus games like the Gummy Wheel.

gummy wheel

At the store, you can buy free spins, more Gummy Wheel spins, and other rewards. The more you play, the more missions you’ll complete. It’s a similar setup to the missions hubs at BC.Game and BetFury.

For the moment, gamification elements like Missions are very rare at traditional fiat online casinos.

On the other hand, they’re common at crypto casinos (like Rakebit), which is just another reason why crypto casinos offer a better gaming experience than their fiat alternatives.

Rakebit VIP Club

Rakebit has a non-exclusive VIP program. In other words, you join the program as soon as you sign up at the casino.

The program has five tiers:

  • Gummy Bear (levels 1 — 5)
  • High Roller (levels 6 — 10)
  • Diamond Hands (levels 11 — 15)
  • Legendary Beast (levels 15 — 20)
  • Rakebit Whale (level 21)

Each tier comes with ever-improving rewards:

rakebit vip levels

Gaining VIP points is as simple as placing bets at the casino.

❗But you should know: sports betting is not included, and live casino bets only have a 0.1% contribution.

Look & Feel

Easy sign-up and on-site player's chat

5/5

Rakebit boasts a dark yet preppy aesthetic, featuring a friendly pink gummy bear as its mascot. It’s clear to me that great effort was put into creating a seamless and easy-to-navigate casino.

Menus are intuitive and i’ts easy to find information on bonuses and payments. What more do you really need?

The Rakebit signup process was a breeze. The casino required very little information to begin with, and you can even sign up through Telegram! It’s actually one of the fastest crypto casino sign-ups I’ve experienced. So, props for that, Rakebit.

rakebit sign up

After signing up, you’re free to explore the casino in full, and being able to test all games in demo mode before depositing is a nice treat.

The on-site player’s chatroom was another welcome surprise. You can easily expand or minimize the chat using the speech bubble icon in the top right corner.

I also liked the ever-updating win/bet list. It’s a bit of transparency that I appreciate and a helpful way for players to know which games are paying out.

Despite everything Rakebit does right, I do have a few complaints:

❌ The site is only available in English. Sure, it’s still early days, but I hope the platform adds more languages in the near future.
❌ The “Rakebit App is not an app in the true sense. You can add the casino to your mobile or PC’s home screen, but I find the promise of a ‘downloadable’ app misleading.

Other than that, Rakebit is doing a swell job in the look and feel department so far. I’ll keep a close eye on any updates in the coming months.

Is Rakebit Mobile-Friendly?

rakebit mobile casino

Yes! Despite not having a downloadable app, Rakebit runs smoothly on mobile devices. I tested the platform on an iOS and Android device and was satisfied with the results.

You’ll still have access to all the same games and bonuses, just with the added perk of being able to play on the go.

rakebit casino lobby 1
rakebit games lobby
rakebit sports betting

Game Selection

7,000+ games, including 24 provably fair originals

5/5

Rakebit has a solid game selection of 7,000+ titles, including 24 provably fair Rakebit originals! Sure, it doesn’t bet the 10,000-strong game libraries at BC.Game or Bets.io, but it certainly holds its own. You’ll find all the most popular game genres, including:

  • Slots
  • Crash
  • Plinko
  • Dice
  • Live casino
  • Poker
  • Blackjack
  • Baccarat

The games are provided by a decent portfolio of 45+ software providers. I saw household names like:

  • Hacksaw
  • NetEnt
  • Pragmatic Play
  • Spribe

Unfortunately, some of my favorite providers are missing: Yggdrasil, BetSoft, and BGaming.

In any case, let’s take a closer look at Rakebit’s selection, starting with the most abundant category:

Rakebit Slots

rakebit slots selection

Slots comprise the biggest slice of the Rakebit Casino pie. The platform itself is very slots-oriented, especially when you consider the free spins welcome bonuses.

Although you won’t find any BGaming or Yggdrasil slots, you’ll have plenty of other options to keep you busy.

The nifty search bar allows you to search by title or provider, and there are a few other basic categories and filters you can use to refine your search.

Unfortunately, Rakebit is not as forthcoming about RTPs and volatilities as casinos like Stake or MetaWin. Instead of being able to view this information on the game tile, you have to enter the game and actively search for it—an extra step I didn’t appreciate.

Despite this lack of transparency, Rakebit’s slots selection is diverse enough to stand up against bigger names like BC.Game and Cloudbet.

Live Casino

Rakebit offers 200+ live dealer games and game shows created by the likes of Ezugi, Evolution, and Pragmatic Live. Yes, the selection isn’t as big as BC.Game’s 600+ live dealer titles, but I still found all my favorites.

rakebit live casino

I may have also played all my favorites, too. In doing so, I experienced fast loading speeds and the friendly live dealers I’ve come to expect from brands like Ezugi and Evolution.

I was having too much fun when I remembered that live dealer bets don’t count towards casino points, which is a bit of an issue if you prefer live casino titles to slots.

Rakebit Originals

rakebit originals

I love seeing casinos develop their own games, so you can imagine I was very happy to discover Rakebit’s 24 in-house games. It seems like they all share the same payout features:

FeaturesIn-House Games
Min. Bet$0.01
Max. Bet$200
Max. Payout$20 000

Like the fantastic in-house games at Stake and BC.Game, Rakebit’s originals are provably fair! In other words, you can check the fairness of each round using the provably fair settings in the top right corner of the game.

I’m not going to lie: I spent way too much time trying out these originals and was continuously impressed. My favorite turned out to be Chicken Road.

rakebit chicken road

I wish I could end this section off on a positive note, but there’s one problem I just can’t look past. I could not find the RTP information for any of the Rakebit original games. I reached out to the live chat to find out, but only got a vague response (see the Customer Support section).

Licensing & Safety

Costa Rica license + no mandatory KYC!

4/5

Rakebit was established in 2018 and has built a strong reputation in the crypto casino community. Even so, the site does disappoint with its weak Costa Rica license.

The casino’s weaker license is why it scores lower in the licensing department than similar brands, even though my deposit and payout experience was faultless.

Does Rakebit Request KYC?

Not unless the casino suspects fraud. Like most crypto casinos, Rakebit reserves the right to request KYC at any moment. However, the casino does not implement mandatory KYC like brands like Stake and Cloudbet.

So, in the end, Rakebit can offer an anonymous gambling experience, provided you play by the rules. But I’d still advise against signing up from a restricted region, just in case KYC pops up when you least expect it.

On that topic, where is Rakebit restricted?

The casino has a rather long list of restricted regions which you can find in the AML and KYC Policy section of the T&Cs.

Responsible Gambling

Unfortunately, Rakebit does the bare minimum where responsible gambling is concerned:

❌ There is no self-exclusion toolkit (though you can request it through the live chat)
❌ There is no dedicated responsible gambling section
❌ You cannot set betting or loss limits

Rakebit Casino has been around for quite some time, so there’s no excuse for the brand to be so lax about responsible gambling. I hope to see some improvement here—and soon!

Payment Options

Approachable minimum limits, but low maximum withdrawals

4/5

Rakebit supports payments in 10 different cryptocurrencies:

  • Bitcoin
  • Ethereum
  • Tether
  • Litecoin
  • Tron
  • Bitcoin Cash
  • Solana
  • Dogecoin
  • Ripple
  • Toncoin

This is a relatively decent selection, covering all the main players. However, Rakebit’s payment portfolio has nothing on BC.Game’s 90+ cryptos.

Like most crypto-first casinos, there are no fiat deposit or withdrawal methods at Rakebit. There is also no on-site exchange. So if you don’t have crypto, you can’t play here.

Rakebit Deposits

I have to start off by commending Rakebit’s fuss-free deposit process. I deposited USDT on the ERC-20 network, and my funds were reflected in my bankroll in under two minutes.

There are some minimum deposit limits you should be aware of, though:

CryptocurrencyMinimum Deposit
Bitcoin0.00007 BTC
Ethereum0.0009 ETH
Tether (ERC-20)3 USDT
Tether (TRC-20)2 USDT
Litecoin0.02 LTC
Tron15 TRX
Bitcoin Cash0.006 BCH
Solana0.05 SOL
Dogecoin10 DOGE
Ripple3 XRP
Toncoin0.7 TON

All in all, the minimum deposit in all cryptos is very small, which is perfect for everyday players. As far as maximum limits go, the casino does not impose maximum deposit limits.

Rakebit Withdrawals

My withdrawal was just as easy as my deposit. I did not have to undergo the KYC process, so my funds landed back in my wallet within a few minutes.

You should know that you need to play through your initial deposit amount at least once (1x) before you can withdraw your funds. This is standard AML practice and nothing to be worried about.

There are, of course, some withdrawal limits you’ll need to contend with:

CryptocurrencyMinimum Withdrawal
Bitcoin0.0002 BTC
Ethereum0.002 ETH
Tether (all networks)10 USDT
Litecoin0.003 LTC
Tron5 TRX
Bitcoin Cash0.00006 BCH
Solana0.07 SOL
Ripple0.05 XRP
Toncoin0.7 TON

These are some very approachable minimum withdrawals! Rakebit truly is a great option for low-stakes players. But what about maximum withdrawal limits?

  • Daily Withdrawal Limit: 10,847.16 USDT (or equivalent)
  • Weekly Withdrawal Limit: 32,541.49 USDT
  • Monthly Withdrawal Limit: 54 235.82 USDT

There’s also this clause to take note of:

This doesn’t exactly bode well for high rollers, does it?

Another clause in the terms and conditions that surprised me:

We reserve the right to change the withdrawal fee at any time without prior notice.

I couldn’t find out which “fee” this clause was referring to, which was rather concerning.

To Summarize…

  • Rakebit is an excellent choice for the everyday player, thanks to its low minimum deposits and withdrawals.
  • High rollers, however, may take issue with the various withdrawal limits and may wish to investigate a no-limit crypto casino instead.

Customer Support

Sometimes good, often not

4/5

Help is available at Rakebit Casino via:

  • 24/7 live chat
  • Email support

Overall, I have mixed feelings about Rakebit’s customer support.

I reached out via live chat many times during my Rakebit test and review. On several occasions, the agents could not help me with basic questions (like when the casino was established).

Other times, my questions were completely misunderstood:

rakebit customer support

However, I received prompt and informative answers to questions regarding payment limits, for example. Either way, the live chat support was not reliable overall, which is an issue.

The casino also lacks a basic FAQ page, and the terms and conditions are not easy to navigate. In other words, there’s a lot of room for improvement.

However, I do like that the casino is present on several social media channels, including:

  • Telegram
  • Youtube
  • X

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F.A.Q.

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About the author

Fern Bamber

Fern is a seasoned writer in the crypto casino world. With expertise in blockchain and writing, she produces well-researched content covering industry trends and casino reviews. Beyond tech, Fern offers user insights and regularly connects with iGaming experts. Plus, she’s an avid video game enthusiast.