RakeBit Casino Review
Overall Rating
90 %
RakeBit Overview
This crypto site established in 2024, operates under a Costa Rican license. While the licensing authority isn’t as prestigious as MGA or UKGC, the platform complies with standard regulatory requirements to ensure a secure gaming environment.
Play Responsibly
Editor’s View – Key Facts We Discovered About This Casino
🎰 Exclusive Originals: Features 24 unique games exclusive to the platform.
📌 Crypto Variety: Supports 13+ cryptocurrencies, including lesser-seen options like Sui and TON.
⭐ VIP Withdrawals: High monthly withdrawal limits up to $500,000 for top-tier VIPs.
📱 Advanced Mobile App: Offers 830% faster load times on iOS and Android.
🌐 Interactive Community: Includes a live chat sidebar for player engagement.
With over 7,000 games and exclusive originals, this casino offers diverse entertainment, to fulfill all your fun needs. A structured VIP program and promotions like a 200 free spin welcome bonus add to its appeal.
The cryptocurrency casino supports seven languages, including English, French, Spanish, and Korean, catering to a global audience. Registration is fast and hassle-free, requiring minimal steps to get started.
Even though this crypto gambling site is new, I gave it a score of 4.6, which is an excellent rating. Some of the things that I took into consideration are: trust, fairness, game selection, and more. To learn more about how I calculated this number, take a look at our guide on how we rate casinos.
There are pros and cons to everything in life. So, below are things that I liked and disliked about this casino.
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Pros
- Supports 13+ cryptocurrencies for secure and instant transactions.
- Over 7,000 games, including 24 exclusive titles.
- Comprehensive VIP program offering up to 25% rakeback and exclusive bonuses.
- User-friendly mobile app with faster load times and added security.
- Active support team available 24/7 via live chat and email.
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Cons
- Licensed under Costa Rica, which lacks the strict regulations of MGA or UKGC.
- No responsible gambling tools beyond basic self-exclusion.
- Welcome bonus only offers free spins, with no deposit match.
User Experience – Mobile App and Website
Casino’s mobile app and website deliver a user-friendly experience. This relatively new casino has a modern and responsive design on both desktop and mobile devices, and the navigation is intuitive. The website loads quickly, and the sidebar is full of cool features like real-time chat with other players during games, which I enjoyed.
The mobile app stands out for its fast load times and great features like quick deposits and live gaming. It’s compatible with both iOS and Android. The Installation process is like any other app, but if you have any trouble installing it, a three-step guide is available to help you. Just keep in mind, that you can’t install the app while using an incognito browser.
The quick answer is YES. The platform operates under a Costa Rican license, ensuring compliance with regional regulatory standards. Additionally, Rakebit incorporates 2FA login and high-quality encryption measures to safeguard user data and transactions.
While a Costa Rican license may not hold the same weight as MGA or UKGC licenses, my experience was positive due to their transparency and proactive customer support. These measures, combined with a solid reputation among players, make this crypto site a legitimate choice for you if you are a crypto gaming fan.
Registration – Step-by-Step Sign-Up Guide
Registering was quick and smooth with no unnecessary steps and KYC requirements, focusing on convenience.
Here’s how I did it:
The crypto site supports 15+ cryptocurrencies, including the popular ones BTC, Eth, and USDT. However, it doesn’t support traditional payment methods like credit cards or bank transfers, which is a bomber.
This cryptocurrency casino does not charge any deposit or withdrawal fees, and that is good news, but the bad news is that the blockchain network will charge you a fee based on the cryptocurrency you pick.
The deposit and withdrawal limits are:
- Minimum deposit: It varies based on the cryptocurrency you choose. For some popular ones, the minimum is: 0.00007 BTC, 0.02 LTC, and 2 USDT.
- Minimum withdrawal: It is 10 USDT for most currencies.
- Maximum monthly withdrawal: It goes up to 500,000 USDT.
If you are wondering which cryptocurrency to pick, here is my experience with some of the main ones that this crypto site offers:
- BTC: Quick and reliable, with my deposit appearing in under 10 minutes.
- ETH: Slightly faster than Bitcoin, but network fees were slightly higher.
- XRP: This had the fastest confirmation time among the tested currencies.
- DOGE: A great budget-friendly option for smaller transactions, though it was slower than XRP.
If you’re unfamiliar with crypto payments, the casino features a “Buy Crypto” tool powered by MoonPay, allowing you to purchase cryptocurrencies directly using fiat money.
MoonPay tool is an excellent starting point for new players and seamless transactions.
How was my deposit process using ETH?
The deposit process was seamless, and the real-time confirmation updates made it even more convenient. Here is what I did:
- Access Deposit Section: I clicked on the “Deposit” button on the payment page.
- Select Cryptocurrency: From the list, I chose ETH as my preferred currency.
- Copy Wallet Address: The platform provided a unique wallet address for me to send funds.
- Initiate Transfer: Using my crypto wallet, I transferred the desired amount to the provided address.
- Confirm Transaction: Within minutes, the funds appeared in my account, ready to be used for gameplay.
My experience with withdrawing winnings with DOGE
Withdrawing my winnings was good overall. I appreciated the real-time updates during the transaction, but unfortunately, there were slight delays. Here’s how I did it:
- Access Withdrawal Section: I navigated to the “Withdrawal” section in the account menu.
- Select Cryptocurrency: I chose DOGE from the list of supported cryptocurrencies.
- Enter Wallet Address: I input my wallet address where I wanted the funds sent.
- Specify Amount: I entered the amount I wished to withdraw, ensuring it met the minimum threshold.
- Confirm Withdrawal: After double-checking the details, I confirmed the transaction.
Processing time: It took up to 24 hours due to blockchain confirmations.
I wanted to check the processing time when withdrawing with other cryptocurrencies, so I withdrew more cash using other popular cryptos. The results are shown in the table below:
Cryptocurrency | Processing Time |
BTC | ~15 minutes |
ETH | ~10 minutes |
LTC | ~5 minutes |
XRP | ~1 hour (network delays) |
Withdrawal fees: There were zero fees by the casino, and that is a major plus. However, there were network fees and that was disappointing.
With over 7,000 games, the game selection is incredibly diverse at this casino, catering to every type of player. Whether you’re into slots, table games, or live dealer experiences, there’s something here for everyone.
Casino Games You Can Play
If you’re slots, this crypto site will not disappoint. With over 5,000 slot games with different themes and features, I am sure you will find something that you like. I enjoyed titles like “Money Train 3” for its dynamic bonus rounds and “Sweet Bonanza” for its colorful and engaging gameplay.
If you’re into table games, options like Classic Blackjack, European Roulette, and Joker Poker provide the perfect balance between skill and luck. The game variety doesn’t stop there, the casino also offers instant games like PlinkoX and Dice: Hold the Spin, which are perfect for quick, exciting sessions.
Live Casino
The live casino section is a highlight, offering an authentic casino atmosphere with professional dealers. Powered by Evolution Gaming and Pragmatic Play Live, the live games include staples like Speed Blackjack, Baccarat Squeeze, and Lightning Roulette. For something more interactive, I recommend trying game shows like “MONOPOLY Live” or “Crazy Time,” which combine entertainment with betting.
The live streams are high-definition, and the interface is intuitive, making it easy to switch between tables and adjust your bets.
Providers
The crypto site collaborates with leading software developers like NetEnt, Pragmatic Play, Evolution Gaming, Quickspin, and Play’n GO, ensuring players access to high-quality, reliable games. These renowned providers contribute to the casino’s vast library, delivering everything from immersive slots to realistic live dealer experiences. Additionally, Rakebit boasts 24 in-house games, offering exclusive and innovative gameplay that can’t be found elsewhere.
Bonuses and Promotions – What It Offers?
The casino offers several exciting bonuses to welcome new players and to keep regular players engaged. Let’s dive deeper into some of the key promotions you can find at this casino online:
Welcome Package
The crypto site welcomes new players with a free spins package up to 200 free spins, depending on the deposit amount. So:
- If you deposit 100 USDT, you get 100 free spins.
- If you deposit 200 USDT, you get 150 free spins.
- If you deposit 300 USDT, you get 200 free spins.
The free spins can be used on “Gates of Olympus,” and the wagering requirement is 35x within 10 days of the award date.
While I’m sad because there is no match bonus, the free spins provided a great way to explore the slots selection without a significant initial deposit.
Tuesday Reload Bonus
A fantastic way to kickstart your Tuesdays. Every Tuesday, if you feel like spinning some slots, deposit 20 USDT/ 50 USDT/ 150 USDT to get 50 / 100 / 200 free spins on Sugar Rush. The wagering requirement is 35x, and the bonus is only valid for 1 day (the Tuesday you got it).
Friday Mega Bonus
Similar to Tuesday’s bonus, on Friday, you get an excellent bonus and chill playing Sweet Bonanza. If you deposit 50 USDT / 100 USDT / 200 USDT on Friday, you will get 100 / 200 / 300 respectably. The wagering requirement is the same as Tuesday’s bonus (35x), and the bonus is only valid for 1 day (the Friday you got it).
VIP and Loyalty Program
Casino’s 21-level VIP program offers generous rewards for loyal players, including rakeback, cashback, and exclusive level-up bonuses. Here’s a breakdown of the levels:
Level | Instant Rakeback | Daily Cashback | Max Cashback | Level-Up Bonus |
VIP 1-5 | Up to 5% | Up to 5% | 500 USDT | Up to 43 USDT |
VIP 6-10 | Up to 10% | Up to 10% | 1,750 USDT | Up to 375 USDT |
VIP 11-15 | Up to 15% | Up to 15% | 4,000 USDT | Up to 1,525 USDT |
VIP 16-20 | Up to 20% | Up to 20% | 9,000 USDT | Up to 37,500 USDT |
VIP 21 | 25% | 25% | Unlimited | Special Level-Up Bonus |
Climbing the levels is rewarding, and the rakeback feature adds substantial value, especially for high-volume players.
My experience with support at this crypto site was positive, thanks to their 24/7 availability and the efficiency of the live chat tool. Connecting with them was fast, straightforward, and user-friendly. I tested all of the casino’s support channels to make sure you will get the help you need when you need it fast and efficiently. Here is how it went:
- Access Live Chat: Upon signing in, a live chat window popped up immediately, with a real support agent greeting me. This personalized touch assured me that I was dealing with a professional, not an automated bot.
- Email Support: For more complex queries, I reached out to their support email, which provided a detailed response within a few hours.
- Help Center: I also explored their Help Center, accessible through the live chat interface. It featured troubleshooting guides covering common issues like account verification and deposits.
- Testing Responsiveness: I contacted their support at various times and found the live chat to be quicker than email. Most of my issues, including questions about bonuses and withdrawals, were resolved in minutes.
Reputation – What Do Player Reviews Say About This Casino?
This one has a mixed reputation among players. On Trustpilot, the casino holds a 3.4-star rating, with many players praising its game selection and fast transactions.
However, some complaints centered around withdrawal misunderstandings and bans due to violating terms.
- Positive Review: “The selection of games and crypto payment options is fantastic! My withdrawals were processed within hours.”
- Negative Review: “I faced issues with withdrawal limits early on, but the support team resolved it quickly.”
AskGamblers gave it a casino ranking of 7.8 and a 9.5 player rating, these numbers are not bad at all. Overall, this crypto site actively engages with reviewers, addressing complaints and maintaining transparency, which enhances its credibility and reputation.
Below I have compared it to some of the top crypto casinos you can find online, and here is how it went.
Restricted Countries – Where It’s Not Available?
One big advantage is that this crypto site is widely accessible and only restricted to a small number of countries. Below is a list of countries where players won’t be able to play at this casino:
- United States
- United Kingdom
- Australia
- France
- Germany
- Spain
- Netherlands
If you are in one of these countries and wish to play at this casino, just use a VPN, and you are good to go.
Responsible Gambling – Available Tools
When it comes to responsible gambling at this casino, the situation is not ideal, but measures are present even though they are minimal. The online casino features a BeGambleAware logo and encourages players to gamble responsibly.
However, advanced tools like self-exclusion, session limits, or reality checks are currently unavailable. I hope this will change in the near future.
Self-Exclusion Tool | |
My Final Verdict – Do I Recommend Playing At This Crypto Site?
The casino offers an exceptional game variety, including 24 in-house games, a constant game chat sidebar for social interaction, crypto-exclusive features, and a rewarding VIP program ideal for high rollers.
Although this crypto site has a lot of advantages, there are places where there is room for improvement in the responsible gambling tools and licensing section.
While I also faced minor issues, such as delayed confirmation emails and initial confusion about withdrawal limits, my overall experience was positive. I recommend this cryptocurrency casino for all of you crypto fans.
Is this crypto gambling casino licensed?
Yes. This crypto site operates under a Costa Rican license.
What casino games can I play at this casino?
You can enjoy over 7,000 games, including slots, table games, live dealer games, and exclusive titles.
Does this casino support cryptocurrencies?
Of course! This is a crypto-specific casino, so it supports 13 cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC).
Does this casino offer a welcome bonus to new players?
Absolutely! New players can get up to 200 free spins upon opening a casino account.
Is this crypto site mobile-friendly?
Absolutely! This casino offers an optimized mobile app for both Android and iOS devices.
Other Cryptocurrency Casinos You May Like
A pro gambling writer since 2015, immersed in the world of crypto since 2016, Will built up a wealth of knowledge and experience in both crypto gambling and crypto betting, making him one of the most prominent voices in the industry. His high-quality reviews have been featured on prominent gaming platforms, making him a trusted authority in the field.
Nationality
British
Lives In
England
Facts Checked by Josip Putarek