RakeBit Crypto Casino Review: Trust Factors, Site Features, Bonuses, & Player Benefits

RakeBit is a crypto casino that got up and running in 2023, operated from Costa Rica by TECH GROUP BL LIMITADA. It is a site that has been slowly gaining traction since its debut, and is one that we can rightfully classify as a rising player with many happy customers.

The platform is accessible in seven languages, supports over twenty cryptocurrencies, gives users the option to buy cryptos on-site, has a library of more than five thousand games, and a better-than-most promotional offering that includes a hefty three-part welcome package, reloads, social media giveaways, a cashback and Rakeback-powered VIP system, missions, and more. One of the main selling points here is that RakeBit is a VPN-friendly no-KYC hub, one with a BETBY sportsbook.

 

Is RakeBit trusted, legit & safe?

Yes. It has a great rep, and its legitimacy gets bolstered by robust policies and partnerships with reputable game providers. We explore this topic more below, telling you why we feel strongly about the credibility of this brand.

Is RakeBit licensed by any recognized licensing bodies?

A while back, we got sent an email by the RakeBit team that informed us this site had attained an Anjouan license. We did not see it mentioned on the platform. Nonetheless, when we checked Anjouan Gaming’s register, it stated that a company named Altaris Ltd had been approved by this body to run this site under license number – ALSI-202502024-FI1.

What’s RakeBit’s reputation with players and the wider gambling industry?

It seems to be excellent. The platform has a 4.4 rating on Trustpilot from over three hundred and fifty grades. It also gets rated highly by current and former users at watchdog sites. So, as far as word of mouth goes, RakeBit has a terrific rep among everyone in the crypto-gambling landscape.

Are there any known blacklistings or reported scandals?

No. We did not locate any evidence of blacklistings or RakeBit involved in any scandals.

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Have there been any known data breaches?

None that we know about.

Does the site handle player data privacy effectively?

What the RakeBit’s Privacy Policy notes aligns with GDPR standards. RakeBit promises to only store necessary data, and it is upfront about utilizing third parties like SUM AND SUBSTANCE LTD, but it highlights that it has non-disclosure agreements with these parties, stopping them from leaking any data shared with them. The site may transfer gathered info outside the EEA to comply with legal/contractual obligations, which is pretty common.

There is nothing unusual here, as all points in the privacy policy of this brand seem pretty standard.

Can players access login and transaction histories?

Yes. You can check your login records in the security center, and for transaction ones, go to the wallet tab inside your profile page.

Are there any credible and recurring player complaints about RakeBit?

As pointed out above, negative reviews for RakeBit are minimal. Still, we saw a few gamblers gripe about this website’s Costa Rica base, its lack of responsible gambling tools, and we did spot a few users not being too happy about delays in withdrawals.

What levels of blockchain-specific security will I get playing at RakeBit?

You can activate 2FA here and track from what OS and IP someone logs into your RakeBit account. This website has a WE1 Google Trust Services server certificate that lists the use of an Elliptic Curve Public Key. No specific security measures get mentioned in any of the RakeBit documents provided on this crypto casino’s website. We tried asking the support staff about this topic, and we got met with a reply that said they could not share any info on this subject matter.

Has RakeBit won any crypto-gambling industry awards?

We have not seen this site get honored at any renowned award show, but it would not surprise us to see this happen soon.

Is the longevity of RakeBit a factor to consider before playing?

Even though RakeBit has been around since only 2023, it has made quite the name for itself, and is now known as one of the more trusted crypto casinos. Therefore, its youth should not scare away anyone, as this is a very credible gambling site with a firm industry standing.

What levels of community engagement are evident?

There is a public chat here, but if we are honest, it was not busy at all when we scanned this site, and we reviewed it for multiple hours. There are two Telegram channels, both official RakeBit ones. The chat one had five thousand and seven hundred members, and the Rakebit.com one had three thousand. The TikTok and Kick profiles have a very low follower count, something above one hundred. The Official X page was super active, with multiple posts per day, but it had nine thousand followers.

Thus, all in all, the weak community engagement here shocked us, as we expected this brand to have a deep community given its stellar reputation and all that it offers.

Are the terms and conditions clear and fair?

They are clearly written, with the usual T&C structure, including the customary discretionary powers. They are about as fair as the crypto-gambling sector supplies.

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Does RakeBit provide players with responsible gambling-related resources?

There are no profile responsible gambling resources, such as limiting tools. The general terms mention that you can request a temporary or permanent self-exclusion by emailing support@rakebit.com. It will start with a one-day cooling-off period followed by option choices of one week, a month, half a year, or permanent exclusion.

What levels of anonymity can a player at RakeBit expect?

Well, this site promises not to make you go through identity verification if you play it straight, do not do anything shady. It also allows VPN. Our support agent told us to use any VPN we like; they are all accepted. That said, there is no feature to play in incognito/private mode at RakeBit.

What are the account registration requirements?

There is a Quick Sign-Up option at RakeBit that lets you join this site instantly by sharing your Google or Telegram credentials, linking one of those two accounts here, or you can opt to go the regular path. That is entering a username and password, agreeing to the general terms, and confirming that you are of legal gambling age.

What are the KYC requirements?

RakeBit calls itself a no-KYC verification brand, but its team admits that sometimes, in some rare situations, their relevant department may request some of your data.

What we found interesting here is that when we tried to access the Evolution lobby and then some other live games from Playtech, we got met with different windows asking us to disclose our gender, our name, date of birth, and city.

What’s the game selection like at RakeBit?

We counted five thousand and two hundred games from sixty providers. These products get organized in the following categories: RakeBit Originals, Popular Games, New Releases, Slots, Live Casino, Game Shows, Bonus Buy, Instant Games, Table Games, Blackjack, Baccarat, and Roulette.

There are no other sorting options here, which is ultra disappointing, and the filtering menu works in an annoying way for us. When you click on a category button at the top of the game lobby, it adds the titles from it to a preselected category. So, these buttons are not tabs that let you jump from category to category, which we found confusing when we started testing this site.

Are there any notable provably fair games?

Yes. You can find these in the Instant Game tab, where titles from Spribe and Gamzix are present. The site is home to many games in the provably fair style from Onlyplay, BGaming, Aviatrix, Betsolutions, Smartsoft Gaming, and Evoplay, but we are unsure how many of these have provable fairness.

Which software providers provide the games?

They are – Red Tiger, Ruby Play, Shady Lady, Slotmill, Smartsoft Gaming, Spinomenal, Spribe, TVBet, Tom Horn Gaming, True Lab, VoltEnt, Winfinity, Yggdrasil, Backseat Gaming, Bull Shark Games, Mancala Gaming, Naga Games, NetEnt, NetGaming, Nolimit City, Novomatic, Onlyplay, P0soft, Peter & Sons, Platipus, Play’n Go, PlayTech, Playson, Pragmatic Live, Pragmatic Play, Booongo, ElaGames, Endorphina, Evolution, Evoplay, Ezugi, Fantasma, Gamebeat, Gaming Corps, Gamzix, Habanero, Hacksaw Gaming, Jill Games, Kingmidas, Kiron Interactive, 100HP Gaming, 3 Oaks Gaming, Amatic, AvatarUX, Aviatrix, BF Games, BGaming, Belatra, Betsolutions, Big Time Gaming, Blueprint Gaming, and Booming Games.

Are any RTP (Return to Player) or payout percentages published?

We only saw this option for the RakeBit Originals.

What original games can you play here?

They are Dice, Mines, Video Poker, Keno, Tower, Limbo, Wheel, Crash, Hilo, Plinko, Diamonds, and Blackjack. Most of these you probably know; the one game some readers may be unsure about how it exactly works is Diamonds. In that one, you bet on one of seven possible outcomes, each offering different payouts based on matching diamond colors across five positions. The maximum win cap per round here is €500,000. Its RTP is 97.04%, and technically, the max exposure is x50.

RakeBit Blackjack pays 3:2, and its RTP is 99.43%. RakeBit Plinko has an RTP of 97.11% and a max win of x1000 with the same half a million prize cap as all of these games. Crash has an RTP of 99%, 97.06% is the one for Keno, and the rest have a flat 97% return-to-player setting.

Each game blends in with the site interface, has simple rules, provable fairness, and some okay auto-bet features. The latter lets you adjust difficulty, choose the number of bets you wish to make in a row, configure win/loss actions, and set profit/loss limits.

Are high RakeBit bets allowed?

The highest stake tables we saw at RakeBit were Evolution’s Salon Privé ones, which allowed wagers up to $2,000 per hand for blackjack. The Ezugi and Playtech ones allowed max bets of $500–$1,000. Accordingly, this platform does not allow super high wagers, as other crypto casinos with the Salon Privé lobby have games where the bets go up to $20,000 per hand.

Are there any progressive jackpot games?

It may have ones that do not supply massive rewards, but not slots that most associate with the word progressive, meaning games that yield prizes in the millions.

Are there any demo games you can play for free?

Yes. You can even play the RakeBit Originals in fun-play mode, just click on the text Try for Free when you hover your mouse over a game graphic.

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Are there tutorials for playing games?

No. There is no RakeBit blog, so no guide articles as well.

What bonuses does RakeBit provide?

The RakeBit welcome package is a three-part bundle. On your first deposit here of $20 or more, you get a 100% match up to $4,000. On your second, also of $20 or more, you get a 150% bonus up to $3,500, and on your third, the site supplies a 200% match up to $2,500, also for a deposit of at least $20.

RakeBit has two reloads for existing users. The first is a Tuesday Reload of 50% given in the form of a Free Bet up to $100, or it can be provided as free spins, fifty to two hundred on the Pragmatic Play slot Sugar Rush. The number of on-the-house gaming rounds awarded depends on your deposit. To get the maximum of two hundred, you need to put $150 in your balance on a Tuesday. On a Friday, you can get a 25% Free Bet up to $150, or one hundred to three hundred spins on Sweet Bonanza. The depositing range here is $50 to $200, and to get the three hundred spins you must put in $200.

Are there regular promotional offers besides standard bonuses?

RakeBit lists various social media giveaways on X, Telegram, and Kick. These consist of prizes such as complimentary sports wagers, free spins, and cash bonuses.

We thought that for a long time, RakeBit teased a Free Wheel promotion, Missions, and a site store. It appears these were active now, we just could not access them due to some cache issues. We switched over to Firefox, and these buttons worked. We saw that in the RakeBit store, you can purchase deposit and no-deposit bonuses using RakePoints that you earn by completing missions. The daily wheel lets you win free spins or cash prizes at random.

Are the bonus terms transparent?

There is a general bonus policy page, where the conditions of all the promotions here get outlined. We must admit that most of the deals here do not have extra-long terms, but you get a few general rules, which is probably how most gamblers prefer it. So, yes, the terms are okay.

Are there any wagering requirements/rollover rules attached to bonus use?

The first deposit bonus has a x30 wagering requirement. The second lists a x35 rollover, and the third one has the same condition. All three bonuses require their playthrough stipulation to be met within seven days.

The Tuesday Reload free bets require betting on events with minimum odds of 1.7, and it has an x8 wagering requirement attached. The free spins here have a x35 one. The same rules apply for the Friday Mega bonus, and both reloads have one-day timeframes for you to fulfill their conditions.

Are there any cashback deals?

Outside the rebates supplied by the RakeBit loyalty scheme, there are not.

Are any tournaments or competitions run as promos?

The flagship competitions on this platform are the RakeBig Weekly Race, which features prize pools of $3,000 and are valid for RakeBit Originals and slots, played from Monday to Sunday. These contests require no deposit or entry fee, and the top twenty competitors in these competitions earn guaranteed rewards, with the person who winds up in first place claiming a $1,000 reward, which like all rewards gets paid as cash with a x1 requirement.

Aside from that tournament, RakeBit also includes a selection of provider-run competitions from famous game suppliers like Pragmatic Play, Endorphina, and Spinomenal.

Are there any native tokens?

There are not.

What VIP or loyalty program benefits does RakeBit offer players?

You have the RakeBit VIP Club, which has five main tiers and twenty-one levels overall. The first rank of this system is Gummy Bear (1–5). Then come High Roller, Diamond Hands, and Legendary Beast, and this scheme ends with RakeBit Whale (VIP 21). The benefits in this VIP ladder include instant Rakeback and daily cashback, both up to 25%, as well as level-up bonuses reaching as high as 40,000 USDT, expanded in-game features, personal bonuses, and a VIP manager. You advance through these levels based on your wager activity, but only casino games contribute fully to level progression here. Sports bets do not contribute anything, and live games have a 0.1 wager contribution multiplier.

Cashback gets credited daily with no wagering requirements, and Rakeback gets calculated at the end of each session. These benefits have no maximum payout caps, and RakeBit’s team can change how they work at their discretion. VIP cashback requires that withdrawals do not exceed 60% of your total deposits.

If you are a high roller elsewhere, you can send an email to vip@rakebit.com asking for immediate advancement in this site’s VIP system based on accomplishments attained on another well-respected hub.

Are there crypto-specific incentives? Staking rewards?

Sadly, no. That said, we are not ruling out this site developing its token in the future and adding holding perks with that.

What crypto payment methods can players use?

You can use – Tether, Bitcoin, Ethereum, Litecoin, Ripple, Solana, USD Coin, TRON, Cardano, Stellar, Dai, Binance Coin, Toncoin, Dogecoin, CasinoCoin, Chainlink, Sui, Polygon, Bitcoin Cash, and Shiba Inu.

The minimum deposit limits for these are – 0.00007 BTC, 0.0009 ETH, 0.02 LTC, 0.006 BCH, 2 USDT, 3 USDT, 2 USDT, 15 TRX, 0.05 SOL, 3 XRP, 1.2 MATIC, 0.2 TON, and 50 DOGE.

Is there any crypto wallet integration?

No.

Are there fast withdrawal processing times at RakeBit?

The staff said their finance department processes requests in queue order. The exact time depends on the number of requests at one time, adding they are working as quickly as possible to complete all transactions. So, payout times will vary, but withdrawals should be approved/denied within two days here, and you should be able to get your winnings within seven days. That is a long wait and will only happen if extra procedures need to be run, such as anti-fraud ones.

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Are there any withdrawal limits?

Yes. The minimums are – 0.0002 BTC, 0.002 ETH, 0.003 LTC, 0.00006 BCH, 10 USDT, 5 TRX, 0.07 SOL, 0.05 XRP, min wd MATIC, 0.7 TON, 50 DOGE.

As far as maximum withdrawals go, these will depend on your place in the RakeBit VIP system. Know that winnings get capped at $500,000, and any amount won above this figure will get withheld. Winnings of $50,000 or higher, in most cases, will get paid out in equal parts within thirty days.

Are there any payment processing fees?

The agent we spoke to told us – Sometimes we have commissions. You will be able to check the exact amounts yourself during the payment process. The terms note that RakeBit reserves can change withdrawal fees, without prior notice, whenever they decides they should.

Does RakeBit Casino have a general deposit rollover rule?

Yes. You must play through deposited amounts at least one time over at RakeBit Casino.

Are there any other non-standard/questionable payment-related conditions?

Nothing too scary. If the site mistakenly transfers funds, they may remain RakeBit’s property, and the user owes a debt if he withdraw them. That is nothing too egregious, although we do not like the lack of liability for mistakes, and are not over the moon that RakeBit’s staff can then void transactions, freeze funds, or offset subsequent winnings to recover these amounts.

There is also a $10 monthly fee for accounts that have been inactive for over six months.

Does the site deliver a strong user experience?

It provides the standard modern crypto casino UX. Nothing overly special, but everything is nicely organized and functional.

Website design

RakeBit has a colorful and gamified interface which has a vibrant palette of purples, blues, and pinks accents contrasted on dark grey backgrounds. We are unsure what kind of creature the mascot is here, but as we have stated above, we think it is supposed to be a bear of some sort. You get some stylized icons and what are probably oversized banners on the homepage. The look is modern, and the team here goes out of their way to reinforce the site’s identity with the mascot and color branding where they can.

One thing that stood out about the graphics here is that some of them seem to have low-res elements, which confused us, and the RakeBit Originals, the icons for these games, do not follow the general style set by the banners.

While visually appealing, the strong use of colors and what colors chosen may be a bit overwhelming for some. Pinks and purples are not everyone’s favorite.

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Ease of use

RakeBit’s website uses a software solution we have seen before, so in terms of organization, things are super familiar here. The user interface is intuitive and neatly organized, with a sidebar or menu, whatever you want to call it, on the left-hand side of the website offering fast access to the main site functions. There you can find options like access to the live chat, Free Wheel, Missions, Store, Races, promotions, different parts of the game lobby, and so on. The top of the website features a bar from which you can pull out and pull in the discussed menu, and you can find a cashier window button there, on its right side, where the public chat button also rests, and the notification one. Unlike at most other crypto casinos, you access your account page from the left-side menu here, not the top bar.

There is also a search function allowing you to locate games by name or provider, and as mentioned, this site’s layout aligns with modern UX principles, with logical grouping and a user-friendly enough experience on most devices, in most browsers.

We do think that the account panel text here must be a bit larger, and probably the menu one should be bigger as well, but not by much.

Speed & technical performance

The speed was fine, but we encountered some errors when trying to load the RakeBit Originals, as evident by the screenshot posted below. We also had trouble with the Free Wheel, Store, Missions, and Races buttons in the left-side menu. That got resolved when we switched over to Firefox. But we remember having this issue before, when using this site, on a different computer in a different browser, Chrome, compared to Brave, which we used when reviewing RakeBit for this piece of content.

Customizable options

You can only switch up the interface language, favorite games, and exclude yourself from receiving emails. That is it.

What’s the Customer Support like at RakeBit?

The RakeBit live chat window offers support in English, German, French, Russian, Japanese, Portuguese, and Spanish. We chose English, and got the following categories to select from: VIP, Transfer VIP status, Bonuses and Promos, Welcome Bonus, Deposits, Withdrawal, Verification and KYC, General, and Connect to operator. A chatbot tried to guide us to an answer, but we refused and clicked connect to operator to get in touch with a RakeBit support agent. We had to do this twice to get linked up with one.

When we did, the person we spoke to provided satisfactory aid. Our main gripe with him was that he would disconnect if we were idle for a bit after he answered. The person we spoke to excused himself on numerous occasions to check info, leaving us hanging for a few seconds several times. That should get mentioned as well.

The RakeBit email support address is support@rakebit.com, and we got a reply to the question sent over to this address within thirty-six minutes. That is pretty good, and the quality of the content we received in that response was decent.

There appears to be no general RakeBit FAQ page, and no official Help Center. But some pages have FAQs on them, and you have several detailed policy/terms sections, which can act as a help center if you are willing to use your browser’s search function. We assume that RakeBit’s staff will also offer assistance via the chat Telegram channel, but we did not test that avenue.

Mobile gaming experience

Despite what it says, RakeBit doesn’t have a dedicated app. It only has guides on how you can set a shortcut to this website on your phone. That said, you do not really need a smartphone app here to play remotely, as the RakeBit mobile version performs exceptionally well. At least it did on our Samsung phone. We saw optimized element sizes, fast loading speeds, and seamless gameplay. We have nothing bad to say about it.

Is RakeBit available in any local languages?

The interface here is viewable in English, French, German, Brazilian Portuguese, Japanese, Spanish, and Russian.

How does RakeBit compare against its closest competitors?

It has a welcome package that is not easily matched, reloads, and a RakePoints system that offers extra perks regularly, which we are sure that most users appreciate. The game catalog here is also on par with those at other top sites, packed with titles from famous providers, and boosted by provably fair RakeBit Originals. So, in terms of promotions, including the VIP scheme here, and games, this brand is highly competitive with the sector’s best.

RakeBit looks to compete with the likes of BC.Game, BetFury, and Stake, and while we would not say that it is on their level, if it diversifies in the years to come, adds more site features, crypto-specific benefits, and grows its community, then it can be. It already has a BETBY sportsbook, a good selection of promos, games, and acceptable support, that can get improved, if we are keeping it 100%.

What countries are restricted from playing?

The list of definitely prohibited countries here features Cambodia, China, Costa Rica, Indonesia, Portugal, Russia, Saudi Arabia, Singapore, Thailand, Ukraine, the UK, the US and its territories, and Yemen.

However, the general terms still highlight that to play here, you need to be of legal gambling age in your country of residence and live in a region where online gambling is not strictly prohibited. RakeBit notes it is your responsibility to comply with local laws.

Is RakeBit affiliated with or connected to any other crypto casinos?

We saw a mention that gamix.gg is operated by TECH GROUP BL LIMITADA at another sector watchdog, but when we opened that site, its listed operator was Apuesta Sociedad de Responsibilidad Limitada. Yet, that platform looked similar to this one, so we do not exclude a possible connection.

That is entirely possible, especially when one considers that Altaris Ltd. gets listed in the Anjouan Gaming registry as the operator to whom a license was issued to run RakeBit.com. Furthermore, when we opened the other site that gets listed under the same license — altaris.bet — the footer there said that hub gets managed by Golden Mirage Limitada, not Altaris, also based in Costa Rica. Therefore, we have to assume these three sites may get operated by the same entity.

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Can you buy crypto on-site?

Yes, you can. You have a pink BUY CRYPTO button at the bottom of the left-side menu. Clicking it opens a window similar to the standard payment one, which facilitates cryptocurrency purchases through MoonPay. When we tried to go through with our purchase, we got met with a new Buy crypto via Changelly window. Know that when you buy crypto using Changelly, you are actually transacting through its partners. One of them is MoonPay.

Conclusion

Overall, we liked RakeBit. In our opinion, this platform offers a compelling crypto casino experience. Plus, it has a BETBY betting page, which many crypto bettors love. That is the sports wagering solution that top brands like BC.Game and many others use. It is safe to say that it is the most established one in the crypto-gambling landscape.

The game selection here is too good, with games from over sixty providers, and provably fair Originals. We got no gripes with the number of accepted cryptos and payment limits here, and appreciate that you can buy coins without leaving the platform. The three-part welcome bundle of $10,000 in total, combined with the two weekly reloads and the cashback and Rakeback (up to 25%) loyalty system, are two feathers in RakeBit’s hat. The same goes for how this site treats players. Still, we think its live chat team could be better trained, and the management here should look to invest in profile responsible gambling tools.

The no-KYC policy and accepted VPN use will be the main attractions to many of our readers, of that we are sure, but we did not like that the Anjouan license has not been featured in the footer, meaning its validator badge. The lack of mentions of it makes us wonder if something happened with that but it could just be an administrative oversight.

The $500,000 win cap may deter some high rollers or gamblers with dreams of massive wins, but probably not 90% of our reader pool. Something we are sure our fans will not like are the poor filtering options, and the lower-than-expected community engagement for such a site that we praise, which has been active since 2023. The latter may raise some eyebrows. If this site is good, why does it not appear to have more loyal users?

We do not care about how many people are following it on social media or on other off-site platforms. What we care about is what a casino offers, which is alluring for Rakebit. This one has more than a few things going for it, but still needs to tighten other things up. It is a solid pick, and one we think most should consider. It seems to take care of its users, and to be honest, that is the most important thing to us, our number one rating criterion that’s always at the core of a review.

Pros:

• Good reputation
• Over 5,000 games
• Many promotions
• VPN-friendly & no KYC

Cons:

• Weak responsible gambling tools
• Lower-than-expected community engagement
• Poor game lobby filtering
• No dedicated help center or FAQ page