Rakebit Casino Terms and Conditions

Welcome to Rakebit Casino. These Terms and Conditions govern your access to and use of our platform, including all games, bonuses, promotions, and services available at rakebit.com. By registering an account and using our services, you confirm that you have read, understood, and agreed to be bound by these terms in their entirety. If you do not agree with any part of these terms, we ask that you refrain from using our platform.

1. About Us

We operate under the name Rakebit, owned by Rakebit Limitada, incorporated in Costa Rica, and operated by Innovex Tech Holdings Ltd. Our platform functions as a global crypto casino and sportsbook, offering services to players worldwide. References to "we," "us," and "our" throughout this document refer to Rakebit Casino and its operating entities. You may also contact our team at support@rakebit.com for any general inquiries related to these terms.

2. Eligibility and Registration

To use our services, you must meet the following eligibility requirements:

  • You must be at least 18 years of age, or the legal gambling age in your jurisdiction, whichever is higher.
  • You must not be a resident of any jurisdiction where online gambling is prohibited by law.
  • You may only register one account per person — duplicate accounts are strictly prohibited.
  • You must provide accurate and truthful information during registration.
  • You confirm that you are not acting on behalf of another person when creating or using an account.

At Rakebit, we reserve the right to request identity verification at any time. Although our platform is crypto-first with low or no-KYC requirements in many cases, we may ask for documentation to comply with applicable laws or internal risk procedures.

3. Account Responsibility

You are solely responsible for maintaining the confidentiality of your account credentials. We strongly recommend that you use a secure and unique password. At Rakebit Casino, we will not be held liable for any losses resulting from unauthorized access to your account caused by your failure to keep login details secure. You must notify us immediately via support@rakebit.com if you suspect any unauthorized use of your account.

4. Deposits, Withdrawals, and Payments

Our platform is built around cryptocurrency transactions, offering a wide range of supported digital currencies. We accept deposits in BTC, ETH, LTC, XRP, TRON, BNB, BCH, USDT, DOGE, and more. Additionally, players may use our Buy Crypto feature powered by Google Pay, Apple Pay, Mastercard, and Visa, as well as gift cards.

Regarding withdrawals, we process all payouts in crypto directly to your wallet. Our Rakebit crypto casino infrastructure enables instant withdrawals in most cases. Please note the following:

  • All withdrawals are sent to verified crypto wallets only.
  • We do not support fiat wire transfers or card withdrawals.
  • We reserve the right to perform additional checks before processing large withdrawal requests.
  • Minimum and maximum transaction limits may apply and are subject to change.

5. Bonuses and Promotions

We offer a variety of promotional rewards at Rakebit, designed to enhance your gaming experience. Our welcome bonus includes a 100% Rakeback offer — providing no-risk play on up to $1,000 in wagering, with rakeback applied to net losses. This is part of our broader Rakebit welcome bonus package available to all newly registered players.

5.1 Available Promotions

Beyond the initial offer, our ongoing promotions include:

  • Free Daily Wheel — spin every day for free rewards
  • Weekly bonuses and reload offers
  • Missions, tournaments, and races
  • Mystery drops and daily cashback up to 25%
  • Instant rakeback up to 25% for eligible players
  • Referral bonuses for inviting friends

5.2 Bonus Terms

All bonuses at Rakebit Casino are subject to specific wagering requirements and conditions. We reserve the right to modify, suspend, or withdraw any promotion at any time. Abuse of our bonus system — including multi-accounting, collusion, or fraudulent play — will result in the forfeiture of all bonus funds and potential account suspension. No Rakebit bonus code or promo code grants unconditional rights to rewards; all promotional codes are subject to these terms.

6. VIP Program and Loyalty Rewards

We operate a tiered VIP Club at Rakebit that rewards loyal players with increasing benefits as they progress through levels, up to and including our highest Whale tier. Our Loyalty v2.0 program includes level-based rewards, access to the Store, Missions, and Race events. VIP members enjoy exclusive perks such as higher cashback rates, personalized bonuses, and priority support. For VIP-specific inquiries, please contact our dedicated team at vip@rakebit.com.

7. Responsible Gaming

At Rakebit, we are committed to promoting responsible gambling. We provide tools that allow you to set deposit limits, self-exclude, or take a break from gaming. We encourage all players to gamble responsibly and treat gaming as a form of entertainment rather than a source of income. If you feel that gambling is negatively affecting your life, we urge you to seek help from professional organizations and to use the self-exclusion tools available on our platform.

8. Prohibited Activities

When using our services, the following activities are strictly forbidden:

  • Fraud, money laundering, or any other illegal financial activity
  • Use of software, bots, or automated tools to gain unfair advantage
  • Collusion with other players or casino staff
  • Creating multiple accounts to exploit bonus offers
  • Sharing your account credentials with third parties
  • Any actions that interfere with the integrity of our games or systems

9. Intellectual Property

All content on our Rakebit casino official site — including logos, graphics, game interfaces, text, and software — is the intellectual property of Rakebit Casino or its licensors. You may not reproduce, distribute, or use any of our content without prior written permission. Our Rakebit Originals games, which are provably fair, are protected under applicable intellectual property laws.

10. Limitation of Liability

To the fullest extent permitted by applicable law, we shall not be liable for any indirect, incidental, or consequential damages arising from your use of our platform. We make no guarantees regarding uninterrupted access to our services. Rakebit crypto casino services are provided "as is," and we disclaim all warranties, express or implied, to the extent permitted by law.

11. Governing Law

These Terms and Conditions are governed by the laws of Costa Rica, where Rakebit Limitada is incorporated. Any disputes arising from these terms shall be subject to the exclusive jurisdiction of the competent courts of Costa Rica, unless otherwise required by applicable consumer protection laws in your jurisdiction.

12. Changes to These Terms

We reserve the right to update or modify these Terms and Conditions at any time. We will notify you of significant changes by posting a notice on our platform or by email where appropriate. Your continued use of Rakebit Casino following the publication of updated terms constitutes your acceptance of the revised conditions. We recommend reviewing this page periodically to stay informed.

13. Contact Us

If you have any questions about these Terms and Conditions, please reach out to our support team. We are available 24/7 via live chat on our platform, or you can email us at support@rakebit.com. For VIP-related matters, contact vip@rakebit.com. At Rakebit, we are always here to help and to ensure your experience with us is safe, fair, and enjoyable.