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Rakebit

Rakebit Review

Average rating4.1/5

Rakebit is a crypto casino launched in 2024 that markets itself as a VPN-friendly, anonymous “no-KYC casino”. The pitch is that you can play anonymously without verifying your identity. Rakebit holds an Anjouan license and offers casino, sportsbook, and live casino under one roof.

There are over 5200 casino games from 60-plus providers, and as the name suggests, rakeback and cashback are the loyalty mechanics they push hardest.

We have tested Rakebit over a stretch of time, and overall we think it is a decent and interesting site. After reviewing the casino in full, we will walk through every section and give our combined rating.

BitcoinBitcoin$76,235+0.4%24h
Jonas Lindén
Written byJonas Lindén
TM
Reviewed byThomas Marsden
Why trust us?Updated
Pros
No KYC required
Best Trustpilot rating

Payment methods

Binance Coin
Binance Coin
Bitcoin
Bitcoin
Bitcoin Cash
Bitcoin Cash
Cardano
Cardano
Chainlink
Chainlink
Dai
Dai
Dogecoin
Dogecoin
Ethereum
Ethereum

Available games

BaccaratBaccarat
BlackjackBlackjack
CrapsCraps
CrashCrash
DiceDice
Esports BettingEsports Betting
JackpotsJackpots
KenoKeno

Game providers

3 Oaks
BGaming
Evolution Gaming
Hacksaw Gaming
Play'n GO
Smartsoft Gaming
Spribe

Languages

EnglishEnglishFrenchFrenchGermanGermanJapaneseJapanesePortuguesePortugueseRussianRussianSpanishSpanish

Bonuses

When our team created an account at Rakebit, there was no clear information about a welcome bonus for new customers. We asked live chat whether new players are offered any sign-up bonus and were given the following deal:

100 free spins with a 35x wagering requirement, on a minimum deposit of 20 USDT.

So there is no official welcome bonus that applies to all players. Support told us that several different bonuses can be unlocked by contacting live chat first.

We recommend that new players who want a bonus ask for one in chat. Make sure to also request the exact terms attached to the offer. There are general bonus conditions at the bottom of the casino's homepage, but it is unclear whether those terms apply to every offer surfaced through live chat.

Our experience with the welcome bonus left a lot to be desired. Having to ask live chat for a bonus feels clunky, and the lack of clarity around which conditions apply adds friction.

Rakebit VIP Club

Rakebit runs a VIP program with cashback and rakeback of up to 25%.

The loyalty system is split into tiers based on how much you wager at the casino. The first tier pays 5% cashback and rakeback, and each subsequent tier adds 5% up to a 25% cap.

High-volume players can also receive a personal VIP manager, higher limits, tailored bonuses, and hidden rewards.

Other promotions

Under “Promotions” we can see that Rakebit offers the following:

  • Reload bonuses: $50 free bet every Monday and $75 free bet every Friday
  • VIP Status Transfer: bring your VIP tier across from other crypto casinos
  • Social media giveaways: free bets, free spins, and bonus funds via X, Telegram, and Discord

We recommend reading the bonus terms for every promotion on Rakebit's site carefully before accepting any offer.

Look and feel

Rakebit runs a dark theme that is easy on the eyes during long sessions on desktop or mobile. Menus are clean, and the site feels easy to navigate. The left-aligned menu surfaces everything you would expect: casino, sportsbook, bonuses, VIP club, live chat, and more.

When we tested Rakebit for this review, we mostly played on an iPhone 17 in mobile. We also tried a Galaxy Tab, and the site worked without issue on both. Loading times were fast in the casino, and the sportsbook also performed well.

There is no Rakebit app, but the mobile site is good enough that we did not miss one. Beyond that, the experience is in line with most other crypto casinos, and the site is in English. Our combined rating for design and feel is 4 out of 5.

Games

At the time of writing, Rakebit lists 64 game providers and 5200 games. In the casino lobby, you can open the filter on the right to sort by provider. A small selection of the most popular studios:

  • Blueprint Gaming
  • Big Time Gaming
  • NetEnt
  • Nolimit City
  • Novomatic
  • Play'n GO
  • Red Tiger

The lobby is organized into categories such as new games, originals, popular, bonus buys, live casino, live shows, and table games.

A few of the most popular titles at Rakebit:

  • Book of Dead
  • Starburst
  • Reactoonz
  • Elvis Frog
  • Chaos Crew

Worth noting: the popular studio Pragmatic Play is not available at Rakebit.

Live casino

Rakebit runs a large live casino with games from Evolution, Winfinity, and Ezugi. The live section covers hundreds of tables and many variants of blackjack, roulette, baccarat, poker, sic bo, and more.

You will also find game shows such as Extra Chilli Epic Spins, Dream Catcher, and Gonzo's Treasure Map among the more popular options.

Sportsbook and esports

Rakebit's sportsbook uses a white-label theme, which means it looks identical to most other crypto sportsbooks.

Coverage spans all the major sports and top leagues, plus a long tail of less popular markets to bet on.

The odds interface works well and does what it should, and live betting is available too.

Friends Play

Rakebit has a unique feature called Friends Play, which lets you start a shared session with other players or friends. You can watch the other player's session and vice versa. It works as a kind of social gaming layer, which is unusual in this niche.

Licenses

Rakebit is operated by Innovex Tech Holdings Ltd and registered in Anjouan. Casinos based in Anjouan operate under an Anjouan license issued by the Anjouan Gaming Authority, which is lighter-touch than EU-grade regulators such as the Malta Gaming Authority.

Player protections at Anjouan-licensed operators are generally weaker than at MGA-licensed sites, and oversight is more limited. From our experience, this makes it important to read customer reviews before depositing, to gauge whether an operator is trustworthy.

Based on our testing, we consider Rakebit a legitimate site for a no KYC crypto casino. We had no issues with deposits or withdrawals, which is the most important aspect for us.

One inconsistency to flag: there is KYC information at the bottom of the homepage explaining that players may be asked to submit documents to verify their identity, despite the casino marketing itself as a “no-KYC casino” at the top of the page. The two messages contradict each other.

Security and responsible gambling

Rakebit has limited information about responsible gambling and does not appear to make this a priority. The only resource we could find is a link to BeGambleAware.org at the bottom of the homepage.

That is a negative on its own, since players need clear pointers to where they can turn if gambling becomes a problem.

If you suspect you have a gambling problem or are heading toward gambling addiction, contact an international resource such as Gambling Therapy or Gamblers Anonymous International for free, confidential support. Self-exclusion registers such as GAMSTOP, Spelpaus, ROFUS, and Spillesperren may also apply depending on where you live. Never gamble with money you cannot afford to lose, and watch for warning signs like chasing losses or losing track of time. Play responsibly. 18+.

Rakebit popularity and customer reviews

Rakebit has a registered profile on Trustpilot, where it scores 3.5 out of 5 based on more than 430 reviews. A clear positive: Rakebit replies to 100% of negative reviews, with a typical response time within a week.

There is also an AskGamblers profile with a rating of 7.1 out of 10 from over 42 player reviews. AskGamblers lists 7 complaints against Rakebit with an average response time of 2 days.

Across positive and negative comments, our reading is that most users like Rakebit for the high cashback, large game library, and the option to play anonymously.

Negative comments mention thin information about responsible gambling and the lack of any in-site self-exclusion tool.

Payment methods

At Rakebit, you can deposit using around 20 different cryptocurrencies. You pick your preferred coin and scan the QR code to start the payment. A few popular options:

  • Bitcoin
  • Ethereum
  • USDT
  • Solana
  • Ripple
  • Cardano

You can also buy crypto directly on the site via Changelly Moonpay. The minimum purchase is EUR 35, which is converted to USDT at checkout.

You can use Visa, Mastercard, Apple Pay, Google Pay, or PayPal to complete the purchase.

When we tested Rakebit, we deposited EUR 30 in USDT from our own crypto wallet. The funds arrived immediately and the payment process felt smooth.

After playing for a while, we processed a withdrawal back to our crypto wallet. The withdrawal was approved after about 40 minutes and arrived quickly.

Deposit and withdrawal limits for cryptocurrency

Note that withdrawals are only available via Bitcoin, Ethereum, and USDT.

CryptocurrencyMin depositMin withdrawal
CardanoCardanoADA
8.00 ADAi
Binance CoinBinance CoinBNB
0.01 BNBi
BitcoinBitcoinBTC
0.000059 BTCi0.000118 BTCi
DaiDaiDAI
5.00 DAIi
DogecoinDogecoinDOGE
32.50 DOGEi
EthereumEthereumETH
0.0030 ETHi0.0060 ETHi
ChainlinkChainlinkLINK
0.50 LINKi
LitecoinLitecoinLTC
0.065 LTCi
SolanaSolanaSOL
0.0375 SOLi
SUISUISUI
2.50 SUIi
TronTronTRX
20.00 TRXi
USD CoinUSD CoinUSDC
5.00 USDCi
TetherTetherUSDT
5.00 USDTi10.00 USDTi
StellarStellarXLM
22.00 XLMi
RippleRippleXRP
2.50 XRPi

Other payment information:

  • Withdrawals can take up to 48 hours
  • Wins above $50,000 may be split and paid out every 30 days
  • Maximum win at Rakebit is $500,000; per the terms, Rakebit is not obligated to pay out wins above this cap
  • You can only withdraw to a crypto wallet
  • According to support, withdrawals are processed instantly in most cases, but can take up to 48 hours

Do I need to pay tax on winnings from Rakebit?

Gambling tax depends on your country and tax residency. Some jurisdictions treat gambling winnings as tax-free, others tax them as ordinary income, and converting crypto winnings to fiat or other crypto can trigger separate capital gains rules. You can read more in our guide on gambling tax and consult your local tax authority for your specific situation.

Customer support

Rakebit offers support via email and live chat. We tested the live chat, which is available around the clock, and found it acceptable. Customer support speaks English, and when we asked about a welcome bonus the agent had trouble understanding what we meant at first.

Response time was fast in both chat and email, which is a plus. There is also reasonable information at the bottom of the site covering payment terms, bonuses, KYC, and details on the VIP program and other promotions.

ChannelInfoResponse time
Live chat:Open 24/7Within 5 minutes
Email:support@jrakebit.comWithin 24h

Customer support gets 3/5 in our rating. We were connected immediately, but still felt we had to wait between answers on the questions we asked. We also think Rakebit could improve its FAQ section and add more responsible gambling information.

Rakebit is a familiar crypto casino with strong rakeback

Rakebit feels familiar next to many other crypto casinos. It does stand out with the Friends Play feature and offers high rakeback and cashback rates if you play often and at volume.

The site itself works well, and there is nothing technical to complain about. The game catalog is broadly strong, with a sizable list of providers, although the absence of Pragmatic Play is noticeable.

Payments in and out of the casino are perhaps the most important factor, and here everything worked as it should during our testing. We are not the biggest fans of Anjouan-licensed casinos, but Rakebit nonetheless carries a high customer score when you read reviews from players around the world.

Frequently asked questions

Withdrawals are processed instantly according to Rakebit support. When we tested it ourselves, it took about 40 minutes. The terms state that withdrawals can take up to 48 hours.

No, Rakebit markets itself as a 'no-KYC casino'. It is worth flagging that there is contradictory KYC information at the bottom of the homepage, which makes the question harder to answer definitively.

This is a question we considered closely before this review, and after our research and hands-on testing, our answer is yes.

There is no official welcome bonus at Rakebit, but you can ask live chat about an offer after you have registered.

Yes, you can buy cryptocurrency directly on the site via Changelly Moonpay. You pay with fiat via Apple Pay, Google Pay, PayPal, or a regular debit/credit card.

Rating breakdown

Bonus
3/5
Look and feel
4/5
Games
5/5
License
4/5
Security
5/5
Payments
5/5
Support
3/5
4.1/ 5

Average rating

Visit Rakebit

Terms and conditions apply· 18+

Updated
Jonas Lindén
Written byJonas Lindén

Jonas tests every casino personally and evaluates the experience from the player's perspective, from registration and deposit to bonus and withdrawal.

TM
Reviewed byThomas Marsden

Thomas verifies content and checks terms, controls facts, and ensures information is accurate for the global crypto casino market.