Rakebit Review: Fifteen Coins and a Check at the First Payout
Rakebit is a 2024 crypto casino and sportsbook licensed in Anjouan. It lists fifteen coins including Monero and Zcash, caps withdrawals at €10,000 in any 24 hours and asks for documents with the first withdrawal.
Written by: Maren Holt·Checked by: Owen Treadgold·Updated:
Rakebit launched in 2024 and has grown quickly on the strength of its coin list: fifteen currencies, including Monero and Zcash, more than any other operator on this site. It is run by Nile King Media Ltd under Anjouan Gaming Board licence ALSI-202602030-FI2, valid until 17 February 2027.
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Verification: the first withdrawal
Rakebit's terms ask for an ID document, a selfie and proof of address when you claim your first withdrawal. Its front-page FAQ says standard withdrawals need no documents. The two disagree, and the terms are the contract, so plan for the check. The practical answer is to meet it early: deposit a small amount, bet it, and withdraw, so the documents are done before a large win. In our no verification betting sites ranking Rakebit is rated Excellent.
The daily cap
Rakebit allows up to €10,000, or the equivalent in your account currency, in any 24 hours. We quote the sentence from the terms; the clause number was not recorded when we read it. For a large balance the cap means daily withdrawals rather than one transfer.
Fifteen coins
BTC, ETH, SOL, LTC, USDT, USDC, XRP, TON, ADA, DOGE, BNB, DAI, LINK, XMR and ZEC. Three stablecoins, several cheap networks and two privacy coins. Remember that a privacy coin hides the transfer on the chain, not the account from the operator's own verification rule.
Casino, originals and the welcome package
About 7,000 games plus provably fair originals. The welcome package runs over three deposits: 100% up to 4,000 USDT, 150% up to 3,500 USDT and 200% up to 2,500 USDT, a total of up to 10,000 USDT, from a 20 USDT minimum deposit. Bonus wagering applies on top of the normal withdrawal rules, so read it before opting in.
Who Rakebit suits
Rakebit suits a crypto-native player who wants the widest coin choice and is ready for a document check at the first payout. The crypto betting sites page compares its cashier with the others.
