Are you a sports bettor looking to get information on Rakebit sportsbook? Or do you want to know more about this online gambling site and what it offers its users? Then, this Rakebit sports betting review is for you, as we will be informing you about all that Rakebit sportsbook has to offer.
Rakebit is a respected online betting site that was founded in 2024 and has since its launching provided gamblers with a great wagering experience. Rakebit sportsbook is a place to consider when it comes to placing bets on your preferred sport using cryptocurrencies. In this online sports betting review, we will be exploring some major features of the platform, such as the promotional offers available, sports betting options, pros and cons, payment methods, safety and security, and many more.
Pros and Cons of Rakebit for Sports Betting
Pros
- Lots of free bets
- A special VIP club for loyal players
- Crypto payments with low minimum limits
- Reliable customer support service
Cons
- Service only available in English
- Limited responsible gambling support
Claim Your Welcome Bonus
One of the amazing features of Rakebit sportsbook is the availability of various bonus offers. As a new player who just registered for an account, you get to receive a 50% Rakebit sports welcome bonus of up to $100. This Rakebit betting bonus will provide you with enough funds to try your luck on various sporting events and earn more rewards. However, to be eligible for this Rakebit bonus, you are required to make a minimum deposit of $20. Once your deposit has been made, you will be rewarded with the free bet, which can then be used to wager on odds of at least 1.7. Therefore, if you are a huge fan of Rakebit betting bonuses, you should definitely check out this platform for your gambling activity
How do I Claim the Welcome Bonus?
How do I claim my Rakebit betting bonus? This is a valid question that most punters tend to ask when it comes to receiving a welcome bonus. If you have been worried about how to get the Rakebit betting bonus, then this section is for you. Here, we will explain in detail how you can receive the Rakebite crypto betting bonuses without stress. Below is a simple guide on how to successfully claim your welcome bonus.
- Pay a visit to Rakebit sportsbook's official website.
- Register for an account on the platform.
- Complete the verification process.
- Once verified, sign in and proceed to the payment section and make a minimum deposit of $20.
- Once your deposit is confirmed, you can then claim your welcome bonus immediately.
Key T&Cs to Consider
The various bonuses and promotional offers available at Rakebit sportsbook come with specific terms and conditions that you must fulfil before you can request a withdrawal. Before you are even eligible for a bonus offer, you are required to first sign up for an account at Rakebit sportsbook. Then you must make a minimum deposit of $20 to be able to claim the bonus reward. Furthermore, the free bet claimed can be used to wager on any sport even with a minimum of 1.70 odds. Also, you are required to complete an 8x wagering requirement, and it must be fulfilled within a period of 10 days from the day of claiming the bonus.
Promotions and Other Bonuses
At this online sportsbook, you get to see two Rakebit sportsbook promotions offering free bets. The initial one is the Tuesday Reload Bonus. This Rakebit betting offer works as a reload bonus that users can receive on Tuesdays. The bonus rewards users with a 50% free bet of up to $100. However, you are required to make a minimum deposit of $20. Upon getting the credit bonus, you must fulfill an 8x wagering requirement in order to successfully withdraw your earnings. Also, note that the free bet is only available on events with a minimum of 1.7 odds, and it is valid for a day.
The second Rakebit promotion is the Friday Mega Bonus. This sportsbook bonus offers a 25% free bet of up to $150. The Rakebit sports offer is only applicable on Fridays with a minimum deposit of $50. It also comes with similar terms and conditions of an 8x wagering requirement, a minimum odd of 1.70, and a validity period of a day.
Rakebit VIP Program
Rakebit provides loyal players with a 21-level VIP program where they get to earn more rewards and benefits. As a new player, you are immediately on level one once you complete your registration before making any payment. Level 1 to 20 features four distinct groups, with each group offering higher benefits than the one before. In order to rise in the tier levels, you are required to collect a specific number of points, and this can be done by simply wagering on your preferred sport. Some of the benefits associated with the VIP club include a personal account manager, a higher limit, a level-up bonus, increased max cashbacks, and many more.
How Do I Register an Account?
Rakebit sportsbook sign-up is quite simple and straightforward. To begin the Rakebit sportsbook registration process, all you need to do is follow the step-by-step guide listed below:
- Visit Rakebit's official site: Start by gaining access to the sportsbook via a desktop or a mobile device. The next step to take is to click the “Register” button.
- Select your preferred method: You can proceed to select the “Quick Sign Up” using your Google account or Telegram. You can also decide to register normally using your email address and then proceed to enter your password.
- Go through the terms and conditions: Ensure you read through the terms and conditions to understand how the platform operates.
- Complete the registration procedure: Finally, click the “Sign Up” button to complete the whole process. Now, you can proceed to make your deposit, claim your bonus, and begin to place your bets.
Comparing Alternative Crypto Betting Sites
In an attempt to provide you with the best information on where to place your wager, we have in place an in-house comparison tool below that can be used to compare Rakebit against various other sports betting platforms in the iGaming sector. While there are lots of other top crypto sportsbooks in the market, it is quite advisable to compare them when deciding on where best to engage in your gambling activities.
 Rakebit Sportsbook |  Stake |  Xbet.ag |  Fortune Jack | |
|---|---|---|---|---|
| Rating | 96 | 98 | 98 | 98 |
| Welcome Bonus | Get a 50% Welcome Bonus up to $100! | 200% Matched Deposit Up To $3,000! | 100% Deposit Bonus Up To $200 | Get a 100% Matched Free Bet Up To $300 in Bitcoin |
| Payment Methods | 7 | 23 | 7 | 11 |
| Top Payment Methods | Bitcoin (BTC), Tether (USDT), Ethereum (ETH) | Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC) | Bitcoin (BTC), Dogecoin (DOGE), Ripple (XRP) | Bitcoin (BTC), Ethereum (ETH), Tether (USDT) |
| Sports Selection | 95 | 98 | 99 | 98 |
| Betting Experience | 96 | 97 | 98 | 98 |
| Market Depth | 96 | 98 | 98 | 96 |
| Bonuses and Promotions | 96 | 97 | 98 | 96 |
| Bonus Terms and Conditions | 95 | 95 | 97 | 97 |
| Deposits and Withdrawals | 97 | 98 | 98 | 96 |
| Customer Support | 96 | 97 | 98 | 99 |
| Live stats | ||||
| Live scores | ||||
| Live streaming | ||||
| Cash out | ||||
| Bet Builder | ||||
The Sports Betting Product – What Should I Expect?
Rakebit has made it simple and convenient for all categories of gamblers to bet on their webpage. Without considering your level of experience regarding online betting, you can visit Rakebit and place a wager on any sport you enjoy with ease. The website has a user-friendly interface for bettors who have a high preference when selecting a betting site. Rakebit sportsbook has a pretty fast loading time, so you do not need to worry about any lag when navigating the platform. If you consider yourself a professional gambler in need of a top-tier crypto betting site to wager at, then betting on sports at Rakebit is a great option to consider. As a reputable online sportsbook, Rakebit betting products have all it takes to offer you utmost satisfaction regarding your betting desires. When it comes to betting on sports at Rakebit, it is considered to be one of the top sites in the iGaming sector in terms of its user experience.
Betting Site App and Mobile
Rakebit is quite unique when it comes to its mobile compatibility. While there is no downloadable app for the sportsbook, individuals can still experience a good betting session from their mobile device. Rakebit mobile betting app is fully optimized for both iOS and Android devices. With this, sports bettors can quickly find their way around the app and enjoy all the features available to them. Rakebit mobile app is easy to use and user-friendly, thereby providing a wonderful overall experience. To gain access to Rakebit mobile betting features, all you have to do is go to the sportsbook on your mobile browser and enter the URL to the site.
Which Sports are on Offer?
Rakebit online betting platform has a diverse list of available sports that features various leagues and categories. This makes sure that you get to find the one that suits your interest. Among the available sports betting options at Rakebit are football, ice hockey, darts, and basketball. Rakebit tennis betting and Rakebit football betting are some of the sports to consider.
Football Betting at Rakebit
Punters get to place bets on some of the top football leagues at Rakebit, including UEFA Champions League, Serie A, English Premier League, and Spanish LaLiga. At this sportsbook, you have the chance to place outright bets on the largest country or club football tournaments.
Basketball Betting at Rakebit
This category at Rakebit features a massive list of tournaments and competitions all over the globe. Some of the popular international competitions include NCAA, EuroLeague, NBA, and many more.
Marketing Offering
Taking a look at the market offering, the number and variety depend majorly on the sport and match. For example, basketball and football tend to have a lot more wagering options compared to other sports such as cycling and darts. Rakebit sports betting market offers users the chance to select from more than 50 market offerings. With lots of top market offerings available, you get to select from options such as double chance, total goal, both teams to score, and handicap. Players can try out various other betting markets, such as overs, corners, red cards, winning margins, and penalties, as well as acca betting at Rakebit.
Live Betting
Rakebit sportsbook has a special category for in-play games, which can be accessed from the “Live” section. In the Rakebit sportsbook live betting section, you get to see all the events going on at the moment. The football live betting and tennis live betting are options we recommend you consider. Rakebit sportsbook in-play offers users the chance to play the game and see how it unfolds while placing a bet on it. For live betting at Rakebit, the odds are seen to change a lot depending on certain possibilities.
Payment Methods
The only payment method available at Rakebit is via cryptocurrency. When it comes to depositing at Rakebit or withdrawing funds from Rakebit, some of the options available include Bitcoin, Ethereum, Litecoin, Tron, Tether, and many more. Making withdrawals at Rakebit betting site does not attract any extra fee, making it convenient for users to consider. However, depositing by BTC/ETH/DOGE/etc at Rakebit can be done very fast.
Payment Methods - Minimum Deposit - Minimum Withdrawal - Processing Time
BTC - 0.00007 - 0.0002 - 0-2 hours
USDT - 3 - 10 - 0-2 hours
ETH - 0.0009 - 0.002 - 0-2 hours
Tron - 15 - 5 - 0-2 hours
Litecoin - 0.02 - 0.003 - 0-2 hours
XRP - 3 - 0.05 - 0-2 hours
SOL - 0.05 - 0.07 - 0-2 hours
How do I Deposit?
How do I deposit at Rakebit betting site? To keep it straightforward, the deposit process is very easy and can be completed in the snap of a finger. Thanks to the availability of various crypto assets such as USDT, BTC, ETH, and LTC for making payments, you can now deposit funds into your account with ease. Depositing with BTC at Rakebit can be completed by following these steps.
- Sign up or login to your account.
- From the menu bar, click the “Wallet” button.
- Click on “Deposit.”
- Proceed to select a bonus from the options available.
- Select your preferred currency.
- Copy the wallet address displayed on your screen.
- Head to your crypto wallet and transfer the amount to the wallet address copied.
Is it Easy to Withdraw Funds?
Withdrawing at Rakebit sports betting site is pretty seamless, offering bettors the opportunity to finish the process as quickly as possible. To know how to withdraw funds at Rakebit sportsbook using one of the available withdrawal methods, you can follow the steps below.
- Log in to your Rakebit sportsbook account.
- Navigate to “Wallet” on the profile menu.
- Select “Withdrawal.”
- Choose your preferred crypto and input the amount.
- Proceed to paste your withdrawal address in the box.
- Then click the “Withdrawal” button to finalize your request.
Who are Rakebit? Company Info
Rakebit is a legitimate online betting platform owned and operated by TECH GROUP BL LIMITED and has been in existence since 2024. The gambling site is fully licensed under the Curacao Gaming Authority, a reliable third-party agency responsible for proper monitoring of gambling sites. Considering the fact that it is licensed by the Curacao government, it is able to offer gambling services to bettors across the globe. During our reviews of this sportsbook, we did not see anywhere on their platform where they won an award. However, you can be rest assured that you are gambling at a safe and reputable gambling site.
Are Rakebit Legal? Are Rakebit a Safe Crypto Betting Site?
In this section of our Rakebit crypto betting review, we will be taking a closer look at the safety and legality of this webpage. You might want to ask the question, Is Rakebit legal? Or is Rakebit safe to gamble at? To make this clear, we can say that it is an absolutely safe and secure platform to use. Also, the website makes use of the SSL encryption technology to safeguard the details of their users and prevent any third party from gaining access to users’ details. You can also enable 2FA authentication as an extra layer of security for your sportsbook account.
Customer Support
At Rakebit sportsbook, gamblers have easy access to a number of customer support services where they get to make inquiries as well as get answers to challenges faced on the website. The customer support team is highly professional and friendly, as they provide answers to all your questions. The customer representatives are available at any time of the day, and they answer you very quickly. Among the available options for contacting Rakebit for sports betting issues are 24/7 live chat and email.
Conclusion
This is the concluding section of our Rakebit sports betting review. Rakebit sportsbook is a great platform with lots of sports betting offers. The sportsbook has various sports selections and betting markets, making it a wonderful choice for every player to consider. The bonuses and promotional offers available are also very unique. In summary, Rakebit Sportsbook is your go-to platform when it comes to a thrilling gambling experience.
FAQs
Yes, the gambling site is fully regulated and licensed by the Curacao Gaming Authority, offering a safe and secure gambling area for punters.
You can perform transactions using a variety of cryptocurrencies, and they include Ethereum, Bitcoin, Litecoin, Tether, Tron, and others.
No, Rakebit Sportsbook does not have a dedicated betting app, but it is fully optimized for both iOS and Android devices, thereby ensuring a seamless mobile gambling experience.
Definitely, you can take advantage of the live streaming service available at Rakebit Sports. But you should know that it is only available for certain sports events.