> HEAD-TO-HEAD COMPARISON
CloudBet vs Rakebit
CloudBet
7.0/10
Rakebit
8.0/10QUICK VERDICT
Rakebit edges ahead with a 8.0/10 rating versus 7.0/10, but the gap is close enough that your priorities should decide. CloudBet has friendlier bonus terms with 0x wagering compared to 30x.
SIDE-BY-SIDE COMPARISON
| Category | CloudBet | Rakebit |
|---|---|---|
| Our Rating | 7.0/10 | ▶ 8.0/10 |
| Welcome Bonus | 5 BTC (or 20 ETH, 50 LTC, 75 BCH). Alternative: $2,500 USDT via Welcome Package. | $10,000 total across 3 deposits ($4,000 + $3,500 + $2,500) |
| Wagering | ▶ No wagering on welcome rewards (rakeback model) | 30x-35x depending on deposit stage. €5 max bet during bonus. 10-day use-it-or-lose-it window. 10x max cashout cap. |
| Crypto Withdrawal Speed | 1 days | 1 days |
| Accepted Cryptos | ▶ 10 coins | 8 coins |
| KYC Required | Yes | Yes |
| License | Curaçao (Curaçao Gaming Authority, OGL/2024/328/0599) | Anjouan (Anjouan Gaming Board, Comoros, ALSI-202504026-FI1) |
| Established | 2013 | 2024 |
| Game Providers | 1+ providers | 1+ providers |
| VIP Program | N/A | N/A |
PROS & CONS
CloudBet
Pros
- + Extensive support for over 40 cryptocurrencies across multiple networks.
- + Provably fair algorithms for in-house Original games like Crash and Plinko.
- + No daily withdrawal limits for fully verified users.
- + Long and stable operational history, established in 2013.
Cons
- - Welcome bonus is a complex, time-locked release model, not an instant match.
- - Terms allow for a potential handling fee of up to 5% on deposits and withdrawals.
- - Unverified accounts are capped at a low withdrawal limit of ~$2,200 per day.
- - Very poor selection of responsible gambling tools, lacking deposit and loss limits.
Rakebit
Pros
- + Near-Instant Withdrawals: Crypto withdrawals are typically processed in under a minute.
- + Strong Originals Games: Excellent selection of provably fair in-house games like Plinko, Crash, and Mines.
- + Generous VIP Program: Multi-tiered system with rakeback up to 25% and daily cashback.
- + VIP Status Transfer: Allows high-rollers from other casinos to gain instant VIP status.
- + No Initial KYC: Fast registration and play with just an email address.
Cons
- - Anjouan License: Offers minimal player protection compared to top-tier regulators like the MGA or UKGC.
- - Restrictive Bonus Terms: The 10x maximum cashout cap on the welcome bonus severely limits potential winnings.
- - No Self-Service RG Tools: Responsible gambling limits must be set manually through customer support.
- - Low Max Bet on Slots: A general $20 maximum bet on slots may be too low for high-stakes players.
CRYPTO SUPPORT
Both accept:
EthereumSolanaLitecoinDogecoinRippleTRONCardanoBNB
CloudBet only:
BitcoinUSDT
WHO IS EACH CASINO BEST FOR?
CLOUDBET
High-volume bettors and live casino fans who value rakeback and a wide coin roster. Players who do not depend on bonuses.
RAKEBIT
Originals + instant-game fans and VIP grinders who play mid-stakes and want no-KYC with fast payouts.
FREQUENTLY ASKED QUESTIONS
Is CloudBet legit? +
Yes, CloudBet is a legitimate online casino. It has been operating since 2013 and holds a license from the Curaçao Gaming Authority (OGL/2024/328/0599), which provides regulatory oversight. Its long history and use of provably fair games further support its credibility.
What is the withdrawal time at CloudBet? +
Internal processing of withdrawals takes up to 24 hours. However, a first-time withdrawal or any withdrawal over ~$2,200 will trigger a mandatory KYC check, which can add another 24-48 hours. The realistic total time for a first withdrawal can be up to 72 hours plus on-chain confirmation time.
Is Rakebit casino legit? +
Yes, Rakebit is a legitimate online casino operated by Innovex Tech Holdings Ltd under a valid license from the Anjouan Gaming Board (ALSI-202504026-FI1). However, this license offers less player protection than those from top-tier authorities like the MGA, so players should exercise caution.
How fast are withdrawals at Rakebit? +
Withdrawals are typically processed nearly instantly, often in under 60 seconds. However, for your first large withdrawal, expect a 24-48 hour delay for the mandatory KYC verification process. Subsequent withdrawals should be processed at the advertised speed.
Which is better, CloudBet or Rakebit? +
Rakebit edges ahead with a 8.0/10 rating versus 7.0/10, but the gap is close enough that your priorities should decide. CloudBet has friendlier bonus terms with 0x wagering compared to 30x.