What we like about Rakebit
- Up to 100% rakeback on your first $1,000 wagered, then ongoing rakeback and cashback
- More than 30 coins, deposits from about $5 and no withdrawal fee charged by Rakebit
- 7,000+ games from 60+ providers, plus Originals with a stated RTP of up to 99%
- Self-exclusion from 6 months to 5 years
- Valid Anjouan licence record
Quick facts
| Detail | Rakebit |
|---|---|
| Operator | Nile King Media Ltd |
| Licence | Anjouan, ALSI-202602030-FI2 (Valid) |
| Welcome offer | Up to 100% rakeback on your first $1,000 wagered |
| Coins | 30+, including BTC, ETH, SOL, USDT and USDC |
| Minimums | Deposit about $5, withdrawal about $10 |
| Withdrawal limits | €10,000 per 24 hours, €50,000 per 30 days |
| Identity checks | ID, selfie and proof of address at the first withdrawal |
| Support | Live chat and email |
Bonuses and promotions
The homepage describes 100% rakeback on the first $1,000 you wager while moving through VIP levels 1–9, 10% rakeback from level 10 and cashback of 2–25%; a separate Bonus Policy sets the detailed rules.
Rakeback returns part of the house edge on every bet, win or lose. In principle, 100% rakeback means the full edge on those first bets comes back to you; the Bonus Policy sets the exact rules, including any wagering on the credited amount, so read it in your account before you rely on the rakeback. Our bonus guide explains how rakeback compares with deposit bonuses.
Deposits and payment methods
The homepage lists more than 30 coins, including BTC, ETH, SOL, USDT and USDC on several networks, with a minimum deposit of about $5, a minimum withdrawal of about $10 and no withdrawal fee charged by Rakebit.
These figures come from the homepage rather than the terms. Check the coin, network and minimum in the cashier before you send funds.
Withdrawals and verification
The terms require an identity document, a selfie and proof of address with the first withdrawal. Each deposit must be wagered once. Withdrawals are limited to €10,000 per 24 hours and €50,000 per 30 days; wins above €50,000 may be paid in monthly instalments, and anti-fraud checks can hold a withdrawal for seven days or longer.
The homepage says standard withdrawals need no documents, slot bets are capped at $20 and limits scale up to $500,000. The terms set identity checks at the first withdrawal, a €500 per-bet slot cap for new users and €10,000/€50,000 withdrawal limits. The terms are the binding document.
The terms say that closing an account with a positive balance voids those funds, so the balance should be withdrawn before a closure request.
The terms of use are the binding document. Read how withdrawal rules work for the background.
Games
The homepage describes more than 7,000 games from over 60 providers, plus provably fair Originals with a stated RTP of up to 99%.
A stated maximum RTP applies to particular games, not to the whole catalogue. What RTP means.
Licence and safety
The terms name Nile King Media Ltd as the operator. The Anjouan licence register lists Nile King Media Ltd as the holder of licence ALSI-202602030-FI2 for rakebit.com, status Valid.
Countries where Rakebit is not available
Rakebit's terms exclude residents and citizens of Cambodia, China, Costa Rica, Indonesia, Portugal, Russia, Saudi Arabia, Singapore, Thailand, Ukraine, the United Kingdom, the United States and Yemen. The licence validator and the affiliate programme publish different exclusion lists.
The terms exclude both residents and citizens of these countries. Using the site from an excluded location breaches the terms and can put a withdrawal at risk, so do not use a VPN.
Customer support
The terms publish a support email address; the site also offers live chat.
Responsible gambling tools
The terms describe self-exclusion for 6 months to 5 years and a 24-hour cooling-off stage, requested through support.
See our responsible gambling guide for independent help.
How to sign up at Rakebit
- Click Play Now to open rakebit.com in a new tab.
- Sign up with your email, Google, Telegram or X.
- Read the Bonus Policy and the withdrawal section of the terms.
- Deposit from about $5 in one of the 30+ coins, on the right network.
- Keep your ID, a selfie and proof of address ready for your first withdrawal.
Verdict
Rakebit scores 8.7: generous rakeback for new players, broad coin and game choice, low minimums and no withdrawal fee charged by Rakebit. If you want the most back from your first bets, Play Now at Rakebit.
Rakebit FAQ
What is Rakebit's rakeback offer?
The homepage describes 100% rakeback on the first $1,000 you wager while moving through VIP levels 1–9, 10% rakeback from level 10 and cashback of 2–25%; a separate Bonus Policy sets the detailed rules.
Does Rakebit really require no documents?
No. The homepage says standard withdrawals need no documents, but the terms require an ID document, a selfie and proof of address with the first withdrawal. The terms are binding.
What are Rakebit's withdrawal limits?
The terms set €10,000 per 24 hours and €50,000 per 30 days; wins above €50,000 may be paid in monthly instalments.
Is Rakebit licensed?
The Anjouan register lists licence ALSI-202602030-FI2 for rakebit.com, status Valid.
Sources
On 4 October 2026 we read Rakebit's terms of use (effective 15 July 2025), its homepage and the Anjouan licence register. We did not open an account, deposit or withdraw.
