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RakeBit Casino Review

Average 5.3/10

4000+

Slots & table games

$1

minimum deposit

$1

minimum withdraw

RakeBit Casino

Why not recommended

  • No license

welcome bonus

Up to 200 Free Spins or Up to 300 USDT Free Bet

⭐ Website:
🤝 Owner: TECH GROUP BL LIMITADA
🆕 Online since:2024
⭐ Trust score:4.3 / 10
👍 Licence: Costa Rica
Deposit Methods
Languages
Pros
  • Casino games, Sportsbook, and Esports
  • High maximum withdrawal limits
Cons
  • No license

5 Things to be aware of when playing at RakeBit Casino

Highlights from the T&C policy that definitely deserve your attention

be aware of money

50 USDT

is the maximum you can cash out from the Welcome Free Spins, which we believe is really low.

be aware of withdrawal

50000 USD

is the maximum you can withdraw per month at RakeBit casino, which we find quite favorable.

be aware of wagering

1 time

is the mandatory turnover for all funds deposited on the website. You must clear it before requesting a payout in order to avoid the additional charges.

be aware of calendar

6 months

is the inactivity period at RakeBit casino, and if you haven’t logged into your account during that time, the website has the right to charge a 10 EUR dormant fee each month.

be aware of unlicensed

No License

RakeBit does not provide any information about its operating license. We don’t recommend playing at unlicensed casinos, as this carries high risk of customer right violations.

Gerry Trybo

Our expert's opinion

Gerry / Bonus finder

18+ | Affiliate Disclosure

18+ | Affiliate Disclosure

CorrectCasinos.com participates in affiliate marketing programs and may receive commissions from purchases made through links on our site. This helps us maintain and provide updated and valuable content for our readers.

In my opinion, RakeBit casino seems like a big hit as it offers light-speed transactions, excellent customer service, and outstanding variety of gambling opportunities. However, the fact that it isn't monitored by any gaming jurisdiction is a bit disturbing, as no one will back up my interest in a case of dispute.

RakeBit Casino Rating

How we rate online casinos?

18+ | Affiliate Disclosure

The charts bellow are based on real data from more than 2000 online casinos in our database. They indicate where RakeBit Casino stands in our global and average charts.

Payment Time

Withdrawal Time

Withdrawal Time

RakeBit Casino pays out within average 12 hours. The fastest known withdrawal time in our database is 0.1H. and slowest is 20000H. Usually most casinos payout within 70 hours.

Slower than 370 casinos

12 Hours
Games

Games

Games

RakeBit Casino offers 4000 games. The smallest casino we have reviewed has only 1 slots and the biggest 150000.

Less than 1114 casinos

4000
Min. Deposit

Minimum Deposit

Min. Deposit

RakeBit Casino requires a minimum deposit of €1. The average minimum deposit requiremet in our database is €15.

Higher than 34 casinos

€1
Min. Withdrawal

Min. Withdrawal

Minimum Withdrawal

The minimum cashout amount at RakeBit Casino is €1. The average minimum cashout requiremet in our database is €46.

Higher than 24 casinos

€1
Free Spins

Free Spins

Free Spins

RakeBit Casino offers 200 free spins to every new player. The average amount offered by other casinos is 270.

Less than 720 casinos

200
Wagering Requirements

Wagering Requirements

Free Spins

The bonuses at RakeBit Casino comes with x35 wagering requirements.The average wagering requirements in our database is x36.

Worse than 1059 casinos

x35

RakeBit Casino - Video Review

RakeBit Casino Review

RakeBit is the latest member of the constantly growing strictly crypto platforms community that welcomed its first players in 2024. This brand new cyber reality features a fantastic selection of more than 4000 premium games with excellent slots, crash, table games, and various live dealer lobbies. Plus, it has an impressive sportsbook section that offers betting markets on thousands of events. These include emblematic tournaments such as the UEFA Champions League, the Grand Slam competitions, the NBA Playoffs, and many others. Last but not least, the website supports a wide range of the most popular virtual currencies, so if you feel like joining the new wave of digital consumption, it may be the perfect place for you!

So, please join us for a journey in the future, and let’s find out what else this newly established casino hides inside!

Today’s bonus

WELCOME BONUS

Up to 200 Free Spins or Up to 300 USDT Free Bet

Bonuses and Promotions

New players joining RakeBit for the first time can choose between a Welcome Deal for casino games or sportsbook, and both are available on the first deposit.

It needs to be at least 100 USDT, and if you choose the offer for casino games, you can claim up to 200 free spins. The options are 100 free spins for a deposit of 100 USDT, 150 free spins for a deposit of 200 USDT or more, or 200 spins for a minimum deposit of 300 USDT.

Once credited, the spins will be valid for 10 days, and you’ll have to wager their winnings 35 times to clear the requirements. While the rollover seems quite standard, we found that you can only withdraw up to 50 USDT from this offer, which is incredibly low considering the required wager.

If you prefer sports betting, you can receive a 50% Free Bet of up to 300 USDT, which also be valid for 10 days. In the meantime, you can use it on odds of 1.9 or higher, and then withdraw the accumulated winnings.

Besides these, RakeBit casino offers to its registered members a few other opportunities to earn some extra winnings.

On Tuesdays, you can choose from 50 free spins or a 50% bonus of up to 300 USDT for a minimum of 50 USDT, 100 free spins for a minimum of 100 USDT, or 200 free spins for 200 USDT or more.

On Fridays, you can also choose between a sportsbook or casino games promo. There are 100 free spins or a 25% Free Bet of up to 500 USDT for a minimum deposit of 100 USDT, 200 free spins for a minimum deposit of 200 USDT, or 300 free spins for a deposit of 300 USDT or more.

Other than that, RakeBit runs a VIP Program with 5 levels – Gummy Bear, High Roller, Diamond Hands, Legendary Beast, and RakeBit Whale. The membership is by invitation only, and depends on your overall standing with the casino and your total deposits. Once you earn your elite status, you will enjoy various benefits, including special promotions, such as various cashbacks, bonus offers, and more.

How to make your first deposit at RakeBit Casino?

A few tips to help you add some funds to your account faster

Time needed: 00:15

Tools needed: Laptop or smartphone

Software needed: Web browser

Click on the registration button
1

Register an account

Before you start placing wagers at RakeBit casino, you will have to open an account first. The process is more than simple as you only need to provide an email and password. Once you’re logged in, you will see a square, pink tab depicting a wallet in the upper right corner of your screen.

Cryptocurrency
2

Select a cryptocurrency

When you click it, you will open a new window with a QR code and an automatically generated wallet address. The default currency is Tether, so if you want to use another one, you will have to modify it from the “Change Currency” tab at the bottom. This is very important because if you send different cryptocurrencies to this address, you will lose the amount. Afterward, you will have to scan the QR code or copy the given crypto wallet address and paste it into your crypto wallet.

No exposure to market inflation
3

Confirm the payment

Once your preferred crypto platform is launched, you will have to press the Send/Receive button in the top right corner of the page. This will open a small window where you have to type the amount you want to deposit and insert the casino’s wallet address in the respective field (if you have used the QR code, this will be automatically populated). When you are sure the information is correct, click “Continue,” and you will see the transaction invoice with fees, estimated time, etc. Press “Send” to initiate the transfer.

Crypto Casinos
4

You now have an active balance!

Return to your RakeBit casino account and wait for your transaction to be confirmed from the blockchain. Once it is validated, you will receive a notification and it will appear instantly in your balance. With it, you can start playing your favorite games and hopefully earn some incredible winnings! Enjoy!

 

Game Selection

As already mentioned, the casino has a big-sized library loaded with premium products from various categories. You will find thousands of slot titles, including fresh releases like Fizzy Pennyslot, Deadwood R.I.P., Big Money Wheel, Medusa’s Stone, Go High Olympus, and many more.

There is also a huge selection of card and table games, such as American or European Roulette, Baccarat Deluxe, Oasis or Turbo Poker, Mega Sic Bo, Keno, Texas Hold’Em, Lightning or Classic Speed Blackjack, Deuces Wild, and many others. Additionally, you can bet on Game Shows, such as Crazy Time, Dream Catcher, Cash or Crash, and others.

Lastly, you can enjoy a small catalog of crash games, including Zeppelin, Aviatrix, Blocks, Football X, Balloon, and more.

All virtual games are offered with a “Try For Fun” option, so you can easily practice a bit, and then decide which game deserves a real money bet.

In the sportsbook section, you will find markets on events in over 20 sports, such as Football, Basketball, Tennis, Ice Hockey, MMA, and more. You can also bet on many virtual or Esports, such as CS:GO, League of Legends, Rainbow Six, Starcraft, and others.

Games Score
4000+

Total Games

RakeBit Casino Mobile Games
3800+

Mobile Games

RakeBit Casino Live Games
120+

Live Games

Slots to try for a demo play or real money at RakeBit Casino

Game Suppliers

The games at RakeBit Casino are delivered by major companies like Evolution, Netent, Play’N Go, Red Tiger, Big Time Gaming, and Novomatic. The website also offers products from smaller but yet reputable studios, such as Relax Gaming, SmartSoft, Atmosfera, Gamzix, and many others.

Deposit and Withdrawals

The payments at RakeBit casino are only transacted through digital currencies. The available options are Bitcoin, Bitcoin Cash, Litecoin, Ethereum, Ripple, Tron, Binance, Tether, Dogecoin, Avalanche, Binance, and Solana. When depositing with any of these, you should be very careful because each wallet address refers to a specific currency, and if you send a Bitcoin payment to a Litecoin address, for example, you will lose the amount.

Due to the nature of cryptos, there are no minimum deposit or withdrawal amounts, but there are some other limits you should consider. The maximum you can cash out is the equivalent of $50000 per month in any of the accepted cryptocurrencies. There is also a limit on the net winnings you can earn in a 24-hour period, which is set to $500000.

Lastly, before requesting a payout, you will have to wager your deposits at least once, otherwise the website will charge you a fee. The condition is a part of the Anti-Money laundering procedures, and the required rollover is perfectly fair.

Return to Players percent
RTP 85%

Depending on game played

RakeBit Casino Minimum deposit
Minimum Deposit $1

* Depending on currency

RakeBit Casino minimum and maximum withdraw
Minimum withdraw $1

Fair enough

RakeBit Casino cashout time
Payout time Up to 12 hours

Might vary for some payment methods

RakeBit Casino RTP
Payment score 7.2

Very Good!

Withdraw Methods

Avalanche, Binance, Bitcoin, Bitcoin Cash, Dogecoin, Ethereum, Litecoin, Ripple, Solana, Tether, Tron

Currencies

Security and Licensing

RakeBit casino is owned by Tech Group BL Ltd, a company registered in Costa Rica. The Central American country has quite a relaxed attitude towards gambling operators, encouraging them to establish their businesses there. However, there is no official regulatory body, and the government is more focused on sanctioning the illegal operators than protecting the customers in case of a dispute. With that being said, you should be aware that if any misunderstandings arise, there will be no 3rd party around to back you up.

RakeBit Casino founded in 2024
Online since 2024

2+ years online

Casino owned by Tech Group BL Ltd
Owner Tech Group BL Ltd

Verified

Certified and regulated
Certified by Costa Rica

Regulated and legit

Operates in multiple countries
Operates in 30+

Countries

Scored as Be careful
Trust Score 4.3 / 10

Be careful

us us flag

RakeBit Casino is not available in USA

Restricted Countries

Australia , Cambodia , China , Costa Rica , France , Germany , Guam (USA) , Indonesia , Netherlands , Portugal , Russia , Saudi Arabia , Singapore , Thailand , U.K. , Ukraine , USA , USA Minor Outlying Islands , Virgin Islands (USA) , Yemen

RakeBit Casino is open to these countries:

Available

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2

Customer Support

Customer service is provided at the casino 24/7, and you can get in touch with the team any time of the day. The chat feature is located in the Support section on the left of your screen and will connect you to the first available representative. As a less engaging communication channel that doesn’t require attention and resolution on the spot, you can use the email address provided in the T&C policy.

Online Chat Support Available
Online Chat 24/7

RakeBit Casino Email Support
Email support 24/7

Support Rated As Very Good!
Support rating 7.4

Very Good!

RakeBit Casino Website Languages
Languages English Only English

Layout and Navigation

The website is very well organized, and navigating through it shouldn’t be a problem. On the left, you will see the tabs for the main casino game and the sportsbook categories, the Promotions section, VIP Club, and others. If you scroll down to the homepage’s bottom, you will find the details for the platform’s ownership and license, and the General Terms and Conditions policy.

Mobile Casino

As a truly modern casino, RakeBit supports mobile apps for Windows, iOS, and Android devices, which you can download from the website. They’ll provide a seamless gaming experience while on the go with instant access to all your favorite games and features.

RakeBit Casino Mobile Version
The bottom line

So, here’s a brief overall of our findings regarding RakeBit – it has a user-friendly design, and a fantastic library with thousands of titles from leading providers combined with a rich sportsbook section, which is undoubtedly great asset, as it will serve players from all categories. It also supports an excellent choice of cryptocurrencies, which is another great advanatge as it will ensure light-speed deposits and payouts. On the other hand, the promotions are rather weak, and most importantly, the platform is unregulated, which raises some concerns regarding its safety. Still, we will wait for some time to see its development on the market and then decide whether it deserves your trust or not, but in the meantime, we advise you to browse through our selection of trustworthy crypto casinos for a much better alternative.

About the author

Gerry Trybo

Gerry / Bonus finder

last updated

Gerry finds the best casino bonuses and digs into their terms and conditions to read the lower caps, so you can see them clearly on our website.

FAQ

RakeBit casino operates without an official gaming license, which lowers its safety level to a very large extent. Without a proper commission around to protect your interest, you could never know how the operator will act in case of a misunderstanding. We’re not saying that playing at RakeBit will automatically result in a negative experience, but to eliminate any doubts, you should better entrust one of our top-recommended casinos.

RakeBit is not related to any gaming jurisdiction, meaning that you can not rely on 3rd part support in this situation. We advise you to contact the customer support team and ask for some details about the issue. In case you have breached the casino’s terms and conditions, nothing can be done because you’re legally bound to comply with them.

RakeBit casino will shake your hand upon arrival with a Welcome Deal for casino games or sportsbook, depending on what’s your favorite source of entertainment. The offer for casino games will grant up to 200 free spins, and if you prefer sportsbook, you can opt for a 50% Free Bet of up to 300 USDT. These deals are available upon the initial deposit, and are attached to somewhat fair rollover and validity, but the free spins come with a very low maximum winnings conversion of only 50 USDT.

The casino provides a fantastic selection of more than 6000 titles supplied by the best providers in the industry. You will find hundreds of video, jackpot, and Megaways slots, and many card and table games in virtual and live formats, including different variations of Roulette, Blackjack, Baccarat, and Poker, and many more. The website also has a small collection of mini-games, which are quite popular lately, and you can play Plinko, Dice Twice, Ball&Ball, Towers, and others. Plus, there is a wide selection of betting markets on almost every major and minor sports event worldwide on both stages – prematch and live. Additionally, you can place some wagers on virtual or Esports.

RakeBit casino accepts Bitcoin (BTC), Ethereum (ETH), Tether (USDT), Litecoin (LTC), Binance (BNB), Ripple (XRP), Dogecoin (DOGE), Tron (TRX), Bitcoin Cash (BCH), Avalanche (AVAX), Binance (BNB), and Solana (SOL).

RakeBit Casino Reviews by players

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    RakeBit Casino comparisson

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    bonusUp to 200 Free Spins or Up to 300 USDT Free Bet825% up to EUR 5,250 + 650 Free Spins100% Up to €1,000 and 100 Free Spins
    Payment methods
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    Allowed in USA NO YES YES
    live gamesYES YESYES
    Minimum Deposit$1 EUR 10N/A
    Licenses Costa Rica Curacao Anjouan Offshore Finance Authority
    game providers
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