RakeBit Casino Review: Bonuses, RTP and Complaints
Launched in 2024, RakeBit Casino is an online casino owned by Tech Group BL Limitado, operating under the laws of Costa Rica. At first glance, with its aesthetically pleasing look, this online casino seemed like it would have all the makings of a RakeBit. Further investigation, however, showed that there’s more to being an online casino than just an attractive veneer.
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RakeBit Casino
2024
Big Time Gaming, Elk Studios, Endorphina, Evolution Gaming, Ezugi, Habanero, Leander Games, Microgaming, NetEnt, Nolimit City, Play'n GO, Playson, Pragmatic Play, Quickspin, Red Tiger Gaming, Tom Horn Gaming, Wazdan, Novomatic, Push Gaming, Relax Gaming, Hacksaw Gaming, Yggdrasil Gaming, Booming Games, Booongo Gaming, Betsoft, Playtech, Amatic
Android, iPad, iPhone, Windows, Mac
Chat, E-mail
RTP check at Rakebit Casino reveals how honest this place is with players. We examined many popular providers and their slots to see if RTP is decreasing. As a result of the analysis, it became clear where there are honest indicators and where the casino deprives players of the chance to win. Below are the results of the checks.
AvatarUX RTP
AvatarUX slots at Rakebit Casino show stable and high RTP rates. RTP here varies within 96%, which is normal for most games from this developer. No decrease in RTP was noticed, which is good news. This means that the casino in this case does not interfere with the slot settings, and players can count on fair play.
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Cherry Pop – RTP 96.1%
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Hippo Pop – RTP 96.06%
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Looneypop – RTP 96%
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Monkey Pop – RTP 96%
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Pop Rocks – RTP 96.4%
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Tiki Pop – RTP 96%
Bgaming RTP
We have tested Bgaming slots . Many games have an RTP above 96%, and some even exceed 97%. This is really impressive and shows that Rakebit Casino does not reduce the RTP for this provider.
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Aztec Magic Deluxe – RTP 96.96%
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Bonanza Billion – RTP 95.97%
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Fruit Million – RTP 97.34%
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Savage Buffalo Spirit – RTP 97.1%
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Wbc Ring Of Riches – RTP 95.48%
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Wild Cash – RTP 96.23%
Big Time Gaming RTP
The Big Time Gaming provider also demonstrates excellent results. The RTP of all tested slots exceeds 96%, which is the standard for games from this developer. Here the casino clearly maintains the original parameters, which can only be welcomed.
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Apollo Pays – RTP 96.56%
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Bonanza – RTP 96%
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Donuts – RTP 96.51%
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Extra Chilli – RTP 96.42%
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Millionaire – RTP 96.30%
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Sanctuary – RTP 96.38%
Endorphina RTP
Endorphina pleasantly surprises us with the result. RTP of all slots remains at 96%, which is typical for the provider. No decrease was noticed. If you prefer stable games with fair chances, slots from this developer are a good choice.
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7 Bonus Up! – RTP 96.02%
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Age Of Glory – RTP 96%
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Aus Dem Tal – RTP 96.05%
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Book Of Santa – RTP 96.05%
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Hell Hot 100 – RTP 96.07%
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Vikings Way – RTP 96.04%
Evoplay RTP
Evoplay slots show stable RTP rates. All tested games have an RTP of 96%.
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Fruit Super Nova – RTP 96.03%
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Northern Temple – RTP 96.06%
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Penalty Shoot Out – RTP 96%
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Wild Overlords Bonus Buy – RTP 96.07%
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Wolf Hiding – RTP 95.78%
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X Demon – RTP 96.07%
Hacksaw RTP
However, with Hacksaw, the situation is completely different. In all the slots we tested, we found a significant decrease in RTP - from the normal 96% to about 94%. This is a serious blow to the players' chances, since such figures make winning extremely unlikely.
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Evil Eyes – RTP 94.21% (normal 96.23)
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Eye Of The Panda – RTP 94.21% (normal 96.34)
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Hand Of Anubis – RTP 94.32% (normal 96.24)
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Le Pharaoh – RTP 94.34% (normal 96.3)
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Stormforged – RTP 94.28% (normal 96.41)
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Ze Zeus – RTP 94.23% (normal 96.18)
Netent RTP
Netent keeps things honest. RTP of all games is at 96% or higher. Rakebit Casino in this case demonstrates that it can work with this provider without reducing the parameters.
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Lost Relics – RTP 96.30%
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Reel Rush – RTP 96.96%
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Secrets Of Atlantis – RTP 97.07%
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Secrets Of Christmas – RTP 96.72%
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Twin Spin – RTP 96.56%
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Twister – RTP 96.04%
Nolimit City RTP
Provider Nolimit City showed a large number of reductions. Almost all the slots tested had RTP reduced by 2% or more. This deprives players of a significant part of their chances to win.
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Das Xboot – RTP 94.04% (normal 96.03)
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Dragon Tribe – RTP 94.41% (normal 96.07)
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Fire In The Hole 2 – RTP 94.08% (normal 96.06)
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San Quentin Xways – RTP 94.11% (normal 96.03)
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Skate Or Die – RTP 94.01% (normal 96.02)
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Stockholm Syndrome – RTP 94% (normal 96.07)
Red Tiger RTP
Red Tiger surprises with its transparency. RTP of most games is around 95-96%, which is quite normal for this provider. There are no decreases here, and the casino seems to maintain honest parameters.
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Blood Suckers Megaways – RTP 97.66%
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Buffalo Mania Megaways – RTP 95.69%
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Gods Of Troy – RTP 95.74%
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Mystery Reels Deluxe – RTP 95.66%
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Piggy Riches Megaways – RTP 95.71%
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Wolfkin – RTP 95.72%
Relax RTP
With Relax Gaming situation is ambiguous. Most of the tested slots have reduced RTP to 94%, while normal values for them should be around 96%. The conclusions are obvious - the chances of success in these games are reduced.
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Dead Man's Trail – RTP 94% (normal 96.29)
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Dead Riders Trail – RTP 94% (normal 96.50)
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Frequent Flyer – RTP 96.14%
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Money Cart – RTP 98%
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Sloth Tumble – RTP 94% (normal 96.50)
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Space Miners – RTP 96.47%
Wazdan RTP
Wazdan shows significant decreases in RTP. Most of the tested games show significantly lower values. This creates an extremely unfavorable environment for players, depriving them of real opportunities to succeed.
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12 Bells – RTP 94.12% (normal 96.16)
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24 Coins – RTP 94.14% (normal 96.13)
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Fenix Play 27 Deluxe – RTP 93.98% (normal 96.25)
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Magic Spins – RTP 95.13% (normal 96.17)
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Midnight In Tokyo – RTP 94.27% (normal 96.16)
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Sizzling Moon – RTP 94.06% (normal 96.14)
Play'n Go RTP
Play'n Go slots at this casino also turned out to have a significantly reduced RTP. All tested games have rates around 94%, although normal values should be above 96%. This makes them almost useless for those who rely on luck.
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Beasts Of Fire Maximum – RTP 94% (normal 96.21)
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Frozen Gems – RTP 94% (normal 96.36)
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Gargantoonz – RTP 94% (normal 96.23)
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Kingdom Below – RTP 94% (normal 96.3)
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Legacy Of Dead – RTP 94% (normal 96.58)
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Reactoonz – RTP 94% (normal 96.51)
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RakeBit Casino Bonuses
RakeBit Casino’s Bonuses are few and far between. Navigating to the sidebar’s “Bonuses” and “Tournaments” sections reveals what initially seemed to be an exciting array of promotional offers to claim. However, as we got further into things, we realised that most of it just looked attractive thanks to the colourful graphics. As such, RakeBit Casino only had four modest bonuses to offer its players.
One of these included a meagre Welcome Package of up to 200 Free Spins, which comes nowhere close to the amounts offered by more established casinos. Players can also only make a profit of 50 USDT on this bonus, which seems unrealistic given that the minimum deposit is 200 USDT. The other three bonuses consisted of a 50% Welcome Freebet (which we assumed could be used in the casino’s Sportsbook judging by the banner behind it, but there was no evidence to prove that), a Tuesday Reload Bonus, and a Friday Mega Bonus. However, no information relating to the bonus amounts, minimum deposits, or wagering requirements was provided when entering their relevant sections.
The only way to find the information we required was either by going directly through the sliding banners on the homepage (a fact we discovered purely by chance and which ultimately seemed pretty inconvenient to anyone searching for quick information) or by finding the randomly placed text in the website’s footer, which seemed to function as a makeshift FAQ section, complete with miniscule text. Once we found the information, we learned that most of them imposed high wagering requirements of x35, albeit still lower than other casinos’ x40 wagering requirement.
Cashaback
There were also flimsy Cashback, Rakeback, and Gummy Box and Gummy Wheel features that failed to impress. Such gamification features are charming but only as side distractions when not playing in big tournaments with large prize pools, of which there were a few underway. Players can complete missions, for example, to earn points that can be used to get more in-game features to gain an advantage. The VIP ranking system allows players to level up their profile by completing bets and earning VIP points, though sportsbook fans and Live casino players won’t be able to gain much from those forms of betting as they only provide a 0.1% contribution to the overall system.
RakeBit Casino Games
When looking at an online casino’s games, we’re sometimes more interested in their providers than the titles themselves, the reason for this being that a reputable gaming provider brings with it assuredly high RTPs and overall provably fair gameplay, having been put through rigorous RNG testing methods. While the majority of the game providers at RakeBit Casino were recognisable names in the industry, there were only 40 of them to speak of at the time of writing, with some personal favourites not appearing on the list.
That being said, RakeBit sported over 7,000 games in its casino lobby, including slots, the majority of which were slots, and its Live casino, offering all the classics like blackjack, baccarat, roulette, and poker. Considering the sheer range of entertainment, it’s sad to see that RakeBit wasn’t as transparent about their RTPs and volatilities as other casinos are, mostly were its own original games were concerned. Live dealer games offer a more exciting approach to online gaming, providing state-of-the-art titles that players can enjoy with the services of a real-time dealer, so it’ll be just like you’re at a physical casino. However, this was a bit of a letdown, too, as RakeBit was lacking in these types of games in comparison to its more conventional slots.
RakeBit Casino Payments
When it came to making our first deposit on RakeBit Casino, we were let down to find that they only supported cryptocurrency transactions. While such payment methods have their own set of benefits, the majority of online casinos would usually offer both cryptocurrency and fiat transactions, the latter for those who prefer to make their deposit or withdrawal payments using credit or debit cards, e-wallets, or bank transfers. What’s more, RakeBit Casino only offered twelve cryptocurrencies (Tether, Bitcoin, Ethereum, Ripple, TRON, Litecoin, Binance Coin, Binance Cash, TonCoin, Solana, Dogecoin, and USD Coin), a far cry from the considerable amount available at other crypto-casinos. To make matters even worse for those who aren’t comfortable using cryptocurrency, there was no on-site exchange option available, so if you didn’t already have cryptocurrency funds available, you wouldn’t be able to play there at all.
Surpassing this hurdle, we came across some other aspects related to payouts that left much to be desired. While the initial sign-up process is pretty fast, some customers have complained about slow withdrawals. As is the case with most online casinos, a KYC procedure is put into place when making one’s first withdrawal request as part of anti-money laundering policy. However, according to RakeBit’s Terms & Conditions (which weren’t that easy to navigate), some of these procedures could take up to seven days to be completed, so some players could find themselves waiting a little while before they see any of their winnings.
Another iffy aspect we discovered was that, if a lucky player manages to win more than $50,000, RakeBit Casino reserves the right to pay the winnings in equal parts within thirty days. Furthermore, the maximum amount you’re allowed to win at the casino cannot exceed $500,000 in any cryptocurrency form. Together with small minimum deposit limits, this quickly started to paint a certain impression of the casino for us: that it’s much better suited for low-stakes players than highrollers, who would quickly find themselves burdened with such maximum withdrawal limits. However, even more modest players wouldn’t be entirely protected, as RakeBit’s Terms also state that they can change their withdrawal fees at any time without prior notice. Players should also note that they will need to play through their initial deposit amount at least once before they can withdraw any funds, though this is usually part of standard anti-money laundering practice.
Customer Support
An online casino should preempt what it’s players need to know in terms of essential information in the form of a concise FAQ section. As such, RakeBit Casino doesn’t have a separate FAQ section.
Rather, a haphazard list has been placed in the website’s footer, which can be very easy to miss unless you scroll all the way down to the bottom of the homepage. If these points don’t answer your questions, RakeBit Casino offers a 24/7 Customer Support service for its players in the form of email support (support@rakebit.com) and Live Chat support. It took us a while to find the email address, which was inconveniently hidden in the aforementioned footer.
The Live Chat feature was similarly unhelpful, initially having you speak to a bot. Once we were connected to an actual agent, their responses, though timely, were generally vague and unhelpful, usually employing pre-written texts.
RakeBit Screenshots
Casino License & Security
An online casino’s licensing is everything. It ensures that their procedures work above board and that players get to enjoy playing knowing their personal and financial information is secure, that they’ll be able to withdraw their winnings in a fair and hassle-free manner, and that the necessary resources would be available to them should they hit any snags. Unfortunately, RakeBit Casino’s questionable Costa Rica license, which is weak and easily obtained, would do little to put a player’s mind at ease. Compared to more reputable gaming authorities such as the UK Gambling Commission and Malta Gambling Authority, RakeBit Casino’s license could easily see long payout times and shoddy dispute resolutions should any issues arise.
Their Responsible Gambling tools could also do with an overhaul. As such, there is no dedicated Responsible Gambling section to speak of, and from what we could find, players do not have the ability to self-exclude or set betting or loss limits. Even for the newest online casinos on the block, this would be an essential factor, so the fact that they only have the bare minimum is concerning and should therefore be treated with caution.
Ultimately, while it’s true that RakeBit Casino has all the features one would expect from any online casino, a lot of these aspects felt incomplete. One must also consider that some withdrawal fees may still be imposed, and the fact that the casino generally feels incomplete in a lot of areas means that even low-stakes players would be far better off looking for other casinos out there, crypto or otherwise.
- Aesthetically pleasing website
- Good selection of games
- Convenient for low-stakes players
- Good gamification features
- Has a Sportsbook section
- Only accepts cryptocurrency
- Only available in English and French
- Limited game providers
- Limited Responsible Gambling tools
- Inconvenient max. withdrawal limits
- Unreliable Customer Support
- Not a lot of promotional offers
- No proper FAQs section
FAQ
According to its website, it does, though it’s technically not a full-fledged mobile app in the truest sense of the word. It is not downloadable on smartphones like normal apps would be from the iOS or Google Stores. It simply opens the website in another viewable window.
Yes, at the time of writing, there were five tournaments underway. These were the Spooky Halloween Drop (€6,000,000 prize pool), Smartsoft’s Spin & Win Tournament (5,000,000 USDT), the Aviatrix Tournament (3,000,000 USDT), the Referral Tournament (25,000 USDT), and Egyptian Treasures, which strangely didn’t list a prize pool.
RakeBit is currently only available in English and French.
Yes, RakeBit has a dedicated Sportsbook for those who prefer sports betting to casino betting.
The customer service is disappointing and dishonest, available 24/7 but not helpful. I was initially offered a bonus, only for another team member to cancel it without any explanation or resolution.
This is a fantastic site to play the best games around. I had an amazing experience with Jason, a super helpful and friendly mod, who took the time to explain everything to me. It’s definitely a refreshing change compared to other sites, in a really good way!
Ultimately, while it’s true that RakeBit Casino has all the features one would expect from any online casino, a lot of these aspects felt incomplete. One must also consider that some withdrawal fees may still be imposed, and the fact that the casino generally feels incomplete in a lot of areas means that even low-stakes players would be far better off looking for other casinos out there, crypto or otherwise.