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BONUS

Up to 200 Free Spins upon signup

FREE SPINS BONUS

200 Free Spins on signup

LAST UPDATED

10/10/2024

4.1 / 5

BTCGOSU RATING

0 / 5

USER RATING (0)

SUMMARY

RakeBit is a new crypto gambling hub with prime casino games and sports betting.

INFO

• Established 2024
• License(s) -
• Deposit Options USDT, BTC, ETH, XRP, TRX, LTC, BCH, BNB, TON, SOL, DOGE, USDC
• Minimum Deposit 0.00007 BTC
• Minimum Withdrawal 0.0002 BTC
• Customer Support Email, Live Chat, Telegram
• Languages English
• Restrictions Costa Rica, China, Portugal, Singapore, Thailand, United States, Ukraine
• KYC Rare

POSITIVES

• Over 4,000 games
• 24 provably fair proprietary titles
• Many bonuses.
• Good sportsbook with live streams

NEGATIVES

• Max win cap - $500,000.
• No responsible gambling features.
• Only available in English.
• No FAQ page

GALLERY

RakeBit Casino Review

TECH GROUP BL LIMITADA from San Jose, Costa Rica runs this website, alongside Gamix Casino, which it also launched in 2024, the same year it established this brand, which has an interface viewable only in English. RakeBit has a game catalog boasting over four thousand titles, loads of varied promos, and more to come, an interesting VIP scheme, and a BETBY sportsbook with live streams.

First Impressions

RakeBit has a gummy bear theme, with pink and back being its dominant colors, with white text and colorful images for contrast, making the look of this hub more dynamic. You get the familiar setup regarding organization, with a left-side site menu and a top navigation bar with a wallet button. The structure here is similar to what you will find at other online casinos with BETBY sports betting pages.

You can join this platform by entering your email and password, or alternatively, you can create an account at RakeBit by sharing your Google or Telegram credentials.

After you officially become a RakeBit member, you can join one of several communities of gamblers that utilize this brand for their crypto gaming and betting needs. Naturally, the Telegram group is the most robust of these, but the Twitter/X one is also not a shabby RakeBit profile to follow, as it will notify you of all the promos run here.

Games offered by RakeBit Casino

You can find over four thousand games at RakeBit Casino, which come from fifty-three providers. Here is the entire list of product developers working with this brand – Pragmatic Play, Rakebit Originals, Ruby Play, Spribe, BGaming, Evolution, NetEnt, Nolimit City, Smartsoft Gaming, Aviatrix, Red Tiger, Betsolutions, Play’n Go, 3 Oaks Gaming, Amatic, Atmosfera, Wazdan, Relax Gaming, PGSoft, Spinomenal, True Lab, Evoplay, AvatarUX, Belatra, BF Games, Big Time Gaming, Blueprint Gaming, Booming Games, Dux Games, Endorphina, Peter & Sons, Platipus, PlayTech, Print Studios, Ezugi, Fantasma, Fugaso, Gamebeat, High5, Jili Games, Kingmidas, Kiron Interactive, Mancala Gaming, Naga Games, NetGaming, One Game, Slotmill, Tom Horn Gaming, Gaming Corps, Gamzix, Habanero, Hacksaw Gaming, and TVBet.

Pragmatic Play is the provider with the most titles here, with four hundred and sixty-eight.

The games here get separated into several categories. These are RakeBit Originals, Popular Games, New Releases, Exclusives, Slots, Live Casino, Game Shows, Bonus Buy, Instant Games, Table Games, Blackjack, Baccarat, and Roulette.

There are twenty-four RakeBit Originals, which are far more proprietary provably fair-style products than you will see at competitors. These are – Plinko, Diver, Lucky Mines, Mines, Tower, Crash, Wheel, Bubbles, New Double, Coin Flip, Cryptos, Triple, Limbo, Keno, Robo Dice, Jogo do Bicho, Chicken Road, Avia Fly, Shot Mines, Goblin Tower, New Hilo, Staars, Joker Poker, and Roulette.

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RakeBit Sports Betting

The RakeBit crypto-gambling website has a BETBY sportsbook, which may be the top option for sports wagering fun in the sector. It allows you to bet on forty-six types of events. These are Basketball, Ice Hockey, Volleyball, Soccer, FIFA, Tennis, FIFA: Volta, eHorse Racing, Handball, eTennis, Table Tennis, eFighting, Kabaddi, Motorcycle Racing, American Football, NBA 2K, Chess, Blitz Basketball, eShooter, eStreetball, Baseball, Boxing, Aussie Rules, eCricket, Rugby, MMA, Futsal, Badminton, Snooker, Waterpolo, Cricket, Lacrosse, Formula 1, Cross-Country, Darts, Floorball, Golf, Cycling, Squash, Alpine Skiing, Beach Soccer, Gaelic Football, Biathlon, Ski Jumping, Gaelic Hurling, and Stock Car Racing.

You get live streams here, the ability to make system, combo, and system wagers, and the ability to utilize various sport betting functions. The odds formats available at are RakeBit, European, American, Indonesian, Malaysian, Hong Kong, and fractional. The site allows you to utilize a cash-out option, but this will not be available for all events, and the sportsbook software can change its availability as those running it see fit.

Easy Access

There is no RakeBit app, only a shortcut to this site masquerading as a piece of dedicated mobile software, which we could not install through one button that wrongly told us that we were in incognito mode. But we manage to installed it through another found on the home page, which provided swift access to the RakeBit mobile version, which is excellent. Everything about it is good, from the element sizes to the load speeds. There, we have nothing bad to say about it, as we found it quite satisfactory for playing on the go.

Deposits & Withdrawals

The cryptos you can use here are:

• Tether
• Bitcoin
• Ethereum
• Ripple
• TRON
• Litecoin
• Bitcoin Cash
• Binance Coin
• Toncoin
• Solana
• Dogecoin
• USD Coin

The minimum deposit limits here are – BTC: 0.00007, ETH: 0.0009, LTC: 0.02, BCH: 0.006, Tether (Bep20): 2, Tether (Erc20): 3, Tether (Trc20): 2, TRX: 15, SOL: 0.05, XRP: 3, TON: 0.2, DOGE: 50, BNB: 0.01, USDC (Erc20): 3, and USDC (Bep20): 3.

The minimum withdrawal limits at RakeBIt are – BTC: 0.0002, ETH: 0.002, LTC: 0.003, BCH: 0.00006, Tether (Bep20): 10, Tether (Erc20): 10, Tether (Trc20): 10, TRX: 5, SOL: 0.07, XRP: 0.05, TON: 0.7, DOGE: 50, BNB: 0.01, USDC (Erc20): 10, USDC (Bep20): 10.

RakeBit does not list a max withdrawal limit, but it has a general win cap of $500,000, and if you win over $50,000 here, your prize will get cashed out in installments.

To make a RakeBit withdrawal, you must wager/play through your deposited amounts (x1) on time over on this site. This procedure is in line with this brand’s AML practices. The site staff told us that there is KYC here, in general, and identity verification will only get evoked in extreme cases, like suspicion of money laundering or some other nefarious activity. Theey said that KYC will only happen whne serious allegations of fraud or money laundering will araise, which occurs super seldom.

RakeBit Casino Bonuses & Promotions

The RakeBit free spins welcome offers supplies of up to two hundred complimentary gaming rounds on Pragmatic Play’s famous Gates of Olympus game. The number of spins awarded with this bonus depends on your initial deposit here. One hundred get supplied for 100 USDT, one hundred and fifty for 200 USDT, and two hundred for 300 USDT. These come with a ten-day deadline and an x35 rollover. Gamblers from the United States, United Kingdom, and Australia are among those who are ineligible for these promotions and have an x10 withdrawal win cap.

Sports bettors at RakeBit can get a free bet upon registration, which comes from an offer that supplies a 50% match as an on-the-house wager of up to 100 USDT, which is also valid for ten days and can get used at events with minimum odds of 1.7, with the winning stemming from this bonus getting limited at 100 USDT.

The Tuesday reload at RakeBit offers you a chance to enjoy a 50% free bet or gratis spins. Depending on the deposit amount, 50, 100, or 300 USDT, you can get the same number of spins on Sugar Rush as your deposit, meaning fifty, a hundred, and three hundred. For the free bet, minimum odds of 1.7 apply for selected markets, and for the spins, winnings get subjected to an x35 rollover. The conditions of this promotion must be met within a day after activation. As far as reload promos go, this site also has a Friday Mega Bonus, where if you deposit 100, 200, or 300 USDT, you will unlock one, two, or three hundred gratis spins, respectively, on Sweet Bonanza. In addition, the offer includes a 25% free wager, with both these offers boasting the same stipulation as those listed for the other cited reload.

The Rakebit Referral Tournament allows users to earn passive income while competing for a share of the 25,000 USD pool. You can earn 10% of every wager made by your referrals, even after the noted tournament concludes, which gets divided into three stages. There is also an Aviatrix tournament at Rakebit and a Spin & Win Instant one. The first boasts a staggering 3,000,000 USDT prize pool, divided into two stages. The second has a pool of 400,000 EUR and is divided into eleven phases. If you are interested in these competitions, please visit the RakeBit promo page and explore the dedicated page for each one to learn more about them.

Combo boost for sports bettors are also a thing here, awarding boosts of x1.7 for twelve selections. We assume that RakeBit’s management plans on incorporating a site store, a wheel promo, and missions here, as inactive buttons for these options exist but lead nowhere.

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VIP Program

The Rakebit VIP Club is a pretty typical tiered loyalty system, similar to what you will find at many of our other reviewed crypto casinos. It offers perks like Rakeback, cashback, VIP support, and various other rewards. Sports betting is valid for this scheme, which has five general tiers that are divided into sub-levels. The main five stages here are Gummy Bear (VIP 1-5), High Roller (VIP 6-10), Diamond Hands (VIP 11-15), Legendary Beast (VIP 16-20), and Rakebit Whale (VIP 21).

At the Gummy Bear rank, you get Rakeback up to 5%, and daily cashback of 5% up to 500 USDT. These percentages improve by 5% until the Rakebit Whale tier, where they max out at up to 25% with no limits and a special level-up bonus. The total level-up bonus here can reach up to $40,000 USDT. It gets supplied alongside other undisclosed benefits. To become a member of this club, just make deposits and place bets. Doing so will lead to you attaining a personal VIP manager, higher betting limits, and secret bonuses. Plus, access to exclusive channels like WhatsApp and Telegram for personalized support is available.

RakeBit Casino Customer Support

The RakeBit live chat window only offers real-time aid in English, and it first tries to assist you via a chatbot. You can select a – talk-to-operator option to get instantly in touch with a live agent. We did this and got linked up with one in a minute. Our experience with our RakeBit representative was super pleasant. He did his best to respond to all our inquiries and did so fast enough. So, no complaints here. The same goes for the email help you can get through – support@rakebit.com. We got a response to our question sent to this address within thirty-six minutes, which is pretty good. Plus, the content of the received reply was more than decent.

There is no official RakeBit FAQ page, but you can use the general terms and conditions as such a section. You can also utilize the chatbot as a self-help avenue. You can also use the Telegram Chat (https://t.me/+rgR2ZdwhnhpjZTdi) as a help method, as agents also lurk there and respond to questions.

Security

Given that this site’s crew operates from a home base in Costa Rica, it has no gaming license, as Costa Rica has no online gambling regulator. The platform has a Google Trust Services server certificate, which notes that this website uses an Elliptic Curve Public Key for encryption.

RakeBit allows you to set up 2FA, view an activity log, and view your betting, bonus, and transaction history at this crypto casino, whose privacy policy is quite extensive. It notes that SUM AND SUBSTANCE LTD from the UK is RakeBit’s data processor. Another notable detail of this policy is the prohibition on processing sensitive personal data, like racial or religious beliefs, unless under particular exceptions. It also warns you against automatic password storage for enhanced security.

We could not find enough user reviews for RakeBit to reach any conclusion regarding the trustworthiness of this brand, as it is quite new. When we will update this RakeBit review, we will be sure to add our opinion on this topic.

You get no profile-based responsible gambling features at RakeBit, but we assume self-exclusion is possible by contacting the support staff.

GOSU Conclusion

We will keep things short and sweet here. RakeBit has loads of potential. We do not like the $500,000 win cap rule. In the general terms here, it gets stated that regardless of the payout potential of any game played on this site, by gambling here, you agree that you cannot win more than this amount. That is not something we like, as loads of spinners have max exposures above this figure, which kills much of the fun of playing them with higher stakes, given that you cannot hope for their max payouts, regardless of the odds of you winning that amount. The staff told us this does not apply to VIPs, only to those who have not yet established themselves on the site.

Despite this rule, there are numerous positive aspects to RakeBit. The platform offers a variety of bonuses, sports streams, a BETBY sportsbook, promised no-KYC, and a decent game library. In essence, we appreciate this platform and hope it will introduce more responsible gambling features. We’re eager to see how it will evolve, especially considering the various announcements about its future. The only uncertainty is the reliability of this platform in terms of payouts and fair customer treatment. Only time will tell, so we’re taking a wait-and-see approach on that front.

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