What is RakeBit.com?
RakeBit is a relatively small recently-launched crypto casino and sportsbook site that was founded in 2024. RakeBit has since amassed a respectable catalogue of original games, such as Blackjack, Plinko, Crash, and many more, alongside more expected online casino games, like slots, live dealer games, and sports betting.
RakeBit is lesser-known, pulling in a few tens of thousands of visits per month, making it fairly obscure compared to other crypto casinos. This review will take a look at RakeBit and outline everything it offers, from features to reputation, in pursuit of determining if RakeBit.com is legit.
What Rewards Does RakeBit Offer?
RakeBit hosts a limited selection of rewards, offering instant rakeback that returns a portion of every bet a user makes, and a weekly $2,000 race that rewards the top 20 highest wagerers with a prize of up to $500. Aside from that, a RakeBit VIP Club level system is offered, rewarding frequent players with level-up rewards, cashback, increased rakeback percentages, and more as they level up.
RakeBit offers a generous welcome bonus for new users, earning users who apply code LORDS on sign up a 150% deposit bonus on their first deposit.
What Payment Methods are Supported on RakeBit.com?
RakeBit only accepts deposits and withdrawals via a wide variety of cryptocurrencies, and while cash deposits are not available on-site, users can purchase crypto for use on the site directly through MoonPay. For an exhaustive list of the various cryptocurrencies supported on RakeBit.com, check out the “Payments” tab located in the menu at the top of this review.
How Popular is Rakebit?
Who Owns RakeBit.com & What are Their Policies?
Who Owns RakeBit.com?
Rakebit.com is operated by TECH GROUP BL LIMITADA, located at Costa Rica, San Jose-Montes De Oca, San Pedro, Los Yoses, Eight and Ten Avenue, Thirty-Nine Street, Second Office on the Right, Ly Center, and under registration number 3-102-880902.
Does RakeBit.com Have a Gambling License?
RakeBit.com is licensed and regulated by the Government of Costa Rica to provide the gambling services that it does.
Does RakeBit.com KYC?
Know Your Customer (KYC) verification is entirely unneeded to play on RakeBit, but still may be requested at their discretion. Users must be 18 years or older to play on the site.
Is RakeBit.com Legit?
RakeBit.com has a very respectable rating of 4.4/5 on Trustpilot; however, a user claims that, after being locked out of withdrawing and contacting support, the RakeBit casino team promised them 20 free spins if they left a positive feedback on Trustpilot, so we would advise you give little credence to the site’s rating.
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