Rakebit Review 2025: How good and reliable is it for real?

• Last updated on: May 25, 2025
Welcome Bonus Payment methods
50% free bet bonus
BTCETHDOGELTCBCHUSDT+5

Rakebit might not be the biggest name in crypto sports betting yet, but I think it’s one to watch. If you’ve never tried it, here’s your chance to learn why so many bettors are taking notice.

This betting platform features enticing bonuses, including a 50% free bet welcome bonus and a Friday mega bonus. Couple that with low minimum deposits and quick crypto transactions, and it’s easy to see why more players are flocking here. 

Interested? Let me share my full Rakebit review so you can decide whether it’s right for you.

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What’s my Rakebit review conclusion & rating?

Rakebit is quickly expanding in the crypto sportsbook market, offering unique promos, a snazzy VIP system, thousands of events, and over 30 sports to bet on. I particularly like that you can find traditional sports, live betting, eSports, and competitive odds all under one roof.

The bonus variety is especially great: from the 50% free bet welcome bonus to ongoing reloads and refer-to-earn, Rakebit really rewards loyal bettors. 

As for payments, it’s crypto-only with 10 top currencies. You won’t find fiat here, so if you need cards or e-wallets, this isn’t the site for you. But big coins like BTC, ETH, DOGE, and LTC are supported, so I’m pretty satisfied.

Last but not least, I feel safe here. Rakebit is owned by TECH GROUP BL LIMITADA, based in Costa Rica. I can also reach 24/7 live chat or email support, and the site allows self-exclusion. Responsible play is definitely encouraged.

All told, Rakebit covers most of my gambling needs with an emphasis on crypto convenience. If that’s your style, it’s definitely worth a shot.

⭐ Overall rating 4/5
🎁 Welcome bonus 4/5
🤵 VIP Programs 3.5/5
🎰 Total Betting Options 4.5/5
💳 Payment Options 3.5/5
🎮 User experience 4/5
💬 Customer support 4/5
🆘 Responsible gaming 4/5
🤩 People Opinion 2.5/5
🪪 License 4/5

Rakebit Sportsbook in a quick overview

Bonus Jump to section

Welcome FreeBet 50%

Betting options Jump to section

eSports and sports

Min. Deposit

3 USDT

No Deposit Bonus

n/a

Payment Methods Jump to section

Cryptocurrency

Customer Support

Live chat & email (Support@rakebit.com)

Can I use cryptocurrency at Rakebit?

Yes, Rakebit is all about crypto. In fact, there’s no way to pay with fiat at all. 

They only allow ten currencies, including the likes of BTC, ETH, DOGE, and LTC. Missing are some popular ones like Cardano or BNB, so be sure you have one of the supported coins before trying to deposit or withdraw.

BTCBTC
ETHETH
DOGEDOGE
LTCLTC
BCHBCH
USDTUSDT
XRPXRP
TRXTRX
BNBBNB
SOLSOL
MATICMATIC

What does Rakebit offer for new users?

If you’re hunting for special promos, Rakebit’s got plenty. Let’s see what they bring to the table for newcomers.

50% FreeBet Sports Betting Welcome Bonus

Not all crypto sportsbooks roll out a warm welcome, so I appreciate that Rakebit greets me with a 50% free bet. I do need a 20 USDT minimum deposit, the max bonus is 100 USDT, and 8x wagering at odds of 1.7 or higher. It’s valid for ten days. Overall, it’s a respectable welcome package if I’m comfortable with those terms.

Rakebit sportsbetting interface on the phone

Tuesday Reload Bonus

As a returning bettor, I can grab a Tuesday Reload Bonus each week. I can use it for either sports bets or casino games. Specifically, it’s a 50% free bet with a 20 USDT minimum deposit, and a maximum 100 USDT cap. Odds must be 1.7 or more, and there’s an 8x wagering requirement. Sounds good if I’m a frequent depositor.

Friday Mega Bonus

Rakebit seems to love day-themed bonuses. The Friday Mega Bonus is similar but sometimes has a larger bonus amount. I can nab a 25% free bet up to 150 USDT, though this time I need to deposit at least 50 USDT. It’s still set to 1.7 odds with an 8x requirement.

Rakebit VIP Club

VIP clubs are a must for bigger bettors or those who plan to stick around. Rakebit’s loyalty program automatically enrolls you after you sign up, but leveling up is faster via casino bets rather than sports. Each tier offers bigger perks like percentage rakeback, daily cashback, or a level-up bonus. Levels range from Gummy Bear (lowest) to Rakebit Whale (top tier) with increasingly huge perks. Might be worth dabbling in the casino if I want to climb quickly.

How good is the Rakebit bonus compared to others?

With a 50% freebet welcome deal, I’m getting a nice boost on my first deposit. Then there are the Tuesday and Friday promos plus the VIP perks. I’d say it’s an above-average range of bonuses.

Of course, it’s always wise to shop around. Another sportsbook might match your needs better, so check this table for a quick comparison before you choose.

The key is to find a bonus that aligns with your style.

BookieBonusWagering RequirementsExpirationMin. Deposit
RakebitWelcome FreeBet 50%1.7 minimum and 8x N/A20 USDT
Sportsbet.io10 USDT free bet and 30 FS35x7 Days30 USDT 
CloudbetN/AN/AN/AN/A
Vave.com100% up to 1 BTCOdds of 1.7 or higher30 Days20 USDT
Bets.io50% Free Bet up to 40x 30 Days20 USDT
Playbet.ioFirst Four Deposits Sports Bonus1.01 minimum odds7 Days30 USDT
Boomerang100% up to 100 EUR 1.50 odds minimum and 1x 7 Days20 EUR
Jackbit100% no riskOdds of at least 1.40 N/AN/A
Betpanda.ioN/AN/AN/AN/A
Wild.io100% up to $200 Free Bet10x 7 Days$25 USD
Freshbet100% up to 500 EUR 20x 30 Days20 EUR
Dexsport.ioUp to 25%Odds of 1.5 or higherN/AN/A
BetplayN/AN/AN/AN/A
Everygame50% up to $2008x 30 Days$10 USD

How safe and legit is Rakebit?

Bonuses are great, but trust is crucial. I always dig into a site’s credentials and security before depositing.

In Rakebit’s case, it’s owned by TECH GROUP BL LIMITADA in Costa Rica (reg. number 3-102-880902), so it abides by local regulations. That’s a good start if you’re worried about legitimacy.

They also have 24/7 live chat plus email support at support@rakebit.com. I prefer live chat if I need a quick response, but email can be useful for bigger requests.

Another plus:

Rakebit is affiliated with BeGamble Aware and offers self-exclusion. If I need a break, I can lock my account, which is a must-have for responsible gambling.

On what events can I bet with Rakebit?

Once I’ve deposited, the real fun starts: sports betting. Here’s a quick rundown of my favorite Rakebit sports categories.

Darts

Whether it’s the WDF Championship or the Modus Super Series, Rakebit’s got it. Typical markets might be match winner, total legs, or highest checkout. Great variety if you’re into darts.

Betting at Darts at Rakebit
Darts betting options

Ice Hockey

Hockey fans will find big leagues like the NHL, plus the DEL, WHL, and MHL. So whether I’m into American or European hockey, Rakebit’s selection should keep me busy.

Betting at Ice Hockey at Rakebit
Ice Hockey betting options

Table Tennis

This might sound small, but table tennis is actually huge in crypto betting. Rakebit covers the TT Elite Series, Czech Liga Pro, Setka Cup, TT Star Series, and more. I often bet on match winners or set totals, which is quick and fun.

Betting at Table Tenis at Rakebit
Table Tennis betting options

FIFA

Under Rakebit’s FIFA section, I can wager on leagues like La Liga, Premier League, Serie A, AFC Asian Cup, and plenty more. This is basically all of the major soccer competitions under one easy tab.

Betting at FIFA at Rakebit
FIFA betting options

Basketball

Basketball is a must-have for many bettors, and Rakebit doesn’t disappoint. I see the NBA, Euroleague, BBL, Pro A, and more. Odds are updated frequently, and I can bet in-play if I want real-time excitement.

Betting at Basketball at Rakebit
Basketball betting options

eSports

Yes, Rakebit also carries eSports like Dota 2, LoL, CS2, and so on. If you’re big on eSports, check out our dedicated page for more tips. But for a single place that merges standard sports with eSports, Rakebit’s got me covered.

Which betting features are available?

Sports and promos are essential, but Rakebit also piles on extras to enhance the overall experience. Let’s look at some of the big ones:

Rakebit consistently delivers fair, competitive odds. Formats include European, American, Hong Kong, Indonesian, Malaysian, and fractional. So I can choose whichever style I’m used to.

I love the rush of in-play wagers, and Rakebit’s live betting page is always packed. Whether it’s tennis, soccer, or eSports, I can adapt my bets as the match unfolds. Just be mindful: it’s fast-paced, so watch your bankroll!

If I fancy 24/7 action, virtual sports are an option. They’re RNG-based, covering categories like eCricket, eFighting, and eHorse Racing. They’re quick to settle and often overlooked, so they’re worth checking out if you like something constant.

  • eCricket
  • eTennis
  • eStreetball
  • eFighting
  • eHorse Racing 

With which cryptos can I deposit?

Since Rakebit is purely crypto-based, no fiat is accepted. Minimum deposit/withdrawal rules vary by coin, as you can see in the table. There’s no withdrawal fee, though your max limit depends on your VIP level and chosen method.

Payment MethodMinimum Deposit Withdrawal Limits 
Bitcoin (BTC)0.00007Min. 0.0002
Ethereum (ETH)0.0009Min. 0.002
Dogecoin (DOGE)50Min. 50
Litecoin (LTC)0.02Min. 0.003
Bitcoin Cash (BCH)0.006Min. 0.00006
Tether (USDT)2Min. 10
Solana (SOL)0.05Min. 0.07

All in all, if you’ve got one of their accepted coins, you’re set.

How do I sign up for Rakebit?

Convinced enough to join? It’s straightforward:

  • Head to Rakebit’s website
  • Click the pink “Sign Up” button (top right)
  • Enter your details
  • Agree to T&Cs and verify via email
  • Deposit at least 20 USDT if you want the free bet

Done. You’re ready to wager!

How does the mobile interface look?

Rakebit offers an iOS and Android app, which I can install from the site’s left-hand “Install the App” button. Betting (including in-play) and casino games run smoothly on smaller screens, and I can deposit/withdraw via crypto on my phone without hiccups.

If you don’t want another app, just use the mobile browser. It’s also fully optimized, so no worries. Live chat, promotional access, and banking all work the same on mobile.

Rakebit mobile impression

Which are the best alternatives for Rakebit?

Rakebit’s a great crypto sportsbook, but it’s not the only game in town. If you want something else, here are three alternatives to consider:

Bets.io – Best for cryptocurrency & fiat payments

Since Rakebit is 100% crypto, if you occasionally need fiat, Bets.io might be better. It handles crypto but also Visa, Mastercard, Apple Pay, Google Pay, and Samsung Pay. There aren’t withdrawal fees, though fiat might take a few days to process.

Bets.io mobile impressions

Betplay – Best for no minimum deposit limits

Rakebit does have minimum deposit amounts for each currency, which might not suit bettors wanting to dip their toes. Betplay has no minimum deposit for most coins, so you can deposit as little as you like (5 uBTC for BTC Lightning). That’s an advantage if you want maximum flexibility, though note there’s still a minimum withdrawal limit.

Betplay.io mobile impression

Wild.io – Best For Daily Bonuses

Rakebit has weekly promos, but if you prefer daily deals, Wild.io is your go-to. They offer a Daily $20 Free Bet in addition to a $200 welcome bonus, but it’s limited to certain “Event of the Day” football matches, and you need a $100 wager to participate. Still, it’s a fresh option for daily hunters.

Wild.io mobile layout

Final thoughts and my opinion

Rakebit impressed me, and here’s why: the 50% free bet welcome, multiple reload offers, and a VIP club that genuinely rewards frequent bettors. If you’re a crypto user, the deposit/withdrawal process is smooth, and there’s no fee. They also have in-play betting, eSports, and a selection of virtual games. So it’s quite a well-rounded platform.

I’ll note that you won’t find fiat support, so if you ever need a credit card or e-wallet, Rakebit won’t help you there. Also, email support can be slower, so I recommend using live chat if you’re in a hurry. But from my perspective, these are small trade-offs if you love the crypto scene.

Whether it’s Rakebit or a competitor, always read reviews and T&Cs carefully, and make sure you’re gambling within your limits. Enjoy responsibly, and best of luck!

Frequently asked questions about Rakebit

Is Rakebit Safe For Players?

Yes. Rakebit is safe, as it’s backed by Costa Rican business registration, dependable 24/7 support, SSL encryption, and other security measures. Of course, always ensure online betting is legal where you live before you place wagers at Rakebit.

What Cryptocurrencies Can I Use On Rakebit?

Rakebit supports 10 cryptos: Tether, Bitcoin, Ethereum, Bitcoin Cash, Ton Coin, Ripple, Dogecoin, Solana, Tron, and Litecoin. You won’t find other cryptocurrencies or fiat options.

How Fast Are Rakebit Withdrawals?

Withdrawals have no set processing time, so it usually arrives in seconds or up to an hour. That’s one big perk of crypto—faster cashouts than typical fiat methods.