Rakebit Casino — Terms & Conditions

These Terms & Conditions ("Terms") explain how you can use the Rakebit casino and sportsbook, how accounts and payments work, how bonuses are handled, and what fair play looks like in a crypto-first environment. By accessing or using Rakebit, you agree to everything outlined below. If you do not agree, please stop using the Platform immediately.

1. Introduction & Acceptance of Terms

These Terms & Conditions ("Terms") govern your use of the Rakebit website, games, sportsbook, promotions and any related services (collectively, the "Platform").

By accessing Rakebit, creating an account, connecting a wallet, depositing crypto, placing a bet or participating in any promotion, you confirm that you:

• Have read and understood these Terms;
• Agree to be bound by them in full; and
• Accept any additional rules that apply to specific games, bonuses or features.

If you do not agree with these Terms, you must stop using the Platform immediately and, if applicable, request account closure. Rakebit may update these Terms from time to time. The version published on the website is the one currently in force. Continued use of the Platform after changes means you accept the updated Terms.

2. Operator Information

Rakebit is a crypto-first online casino and sportsbook offering casino games, original titles and sports markets with cryptocurrency as the primary method of play.

The Platform is owned and operated by:

Innovex Tech Holdings Ltd.
Registered number: 15736
Registered address: Hamchako, Mutsamudu, Autonomous Island of Anjouan, Union of Comoros.

3. Eligibility & Restricted Use

3.1 Age Requirement

You must be at least 18 years old, or older if required by the law of your jurisdiction, to use the Platform. By registering or playing, you confirm that you meet the applicable legal age.

3.2 Legal Access

You are solely responsible for ensuring that online gambling with crypto is legal in your country or region before using Rakebit. Rakebit may restrict or block access from specific territories at its discretion for legal, licensing or risk reasons.

If we reasonably believe you are underage or using the Platform from a prohibited or restricted jurisdiction, we may suspend or close your account and void bets or winnings associated with such use.

4. Account Registration, Wallets & Security

4.1 One Player – One Account

Each player is allowed only one account on Rakebit. Creating multiple accounts, using fake data or impersonating others is strictly prohibited.

4.2 Account & Wallet Details

When registering or connecting a wallet, you must:

• Provide accurate and up-to-date information;
• Use wallets and payment methods that you legally own and control; and
• Keep your login credentials secure at all times.

4.3 Responsibility for Account Activity

You are responsible for all actions taken through your account and/or connected wallets unless we confirm an unauthorized access incident. If you suspect that someone else has gained access, you must inform support immediately and stop using the Platform until the issue is resolved.

5. Deposits, Crypto Transactions & Confirmations

Rakebit supports deposits and withdrawals via cryptocurrencies such as BTC, ETH, USDT and other supported assets listed on the Platform. Deposits are processed after the required blockchain confirmations, which may vary by network and current congestion.

Minimum deposit amounts are displayed on the deposit page and may vary by currency and network. You are responsible for sending funds to the correct address and chain. Deposits sent to the wrong address, unsupported networks or invalid tags/memos may be unrecoverable.

Balances may be shown in fiat equivalent for reference only; actual holdings and transactions occur in crypto. Crypto prices are volatile; the fiat value of deposits and withdrawals can change over time. Rakebit is not responsible for market movements.

6. Withdrawals, Limits & Reviews

Withdrawals are processed to a crypto wallet you specify, subject to internal checks and blockchain confirmation times. Minimum and maximum withdrawal limits apply and are displayed in the cashier section. Limits may depend on the asset used, player level, risk profile and compliance checks.

Rakebit may delay or review withdrawal requests if bonus wagering requirements are not fully met, suspicious or irregular betting patterns are detected, there is a risk of fraud or abuse, or additional verification is required.

7. Games, Sportsbook & Fair Play

Each game or product follows its own rules and payout tables, which form part of these Terms when you use that feature. Game outcomes are generated using RNG and/or provably fair mechanisms as indicated on the Platform. If there is any discrepancy between on-screen display and server results, the server result will prevail.

Sports bets are subject to sportsbook rules covering settlement criteria, void bets and market-specific conditions. If an event is postponed, canceled or voided, settlement will follow the sportsbook rules posted on the site.

You must not exploit bugs, latency or system errors, use bots or scripts, collude with others, or attempt to interfere with or reverse engineer any part of the Platform. If abuse or manipulation is detected, Rakebit may void bets, remove bonuses, restrict access or close accounts.

8. Verification, AML & Risk Checks

Rakebit may perform risk-based checks to comply with AML, fraud prevention and responsible gaming expectations. This may include requesting identification documents (KYC), proof of address, or source-of-funds information, especially for large withdrawals or high-risk activity.

If you fail to provide requested information within a reasonable timeframe, we may freeze withdrawals, restrict account features, close your account and, where required, report activity to relevant authorities.

9. Bonuses, Cashback, Rakeback & Promotions

Rakebit offers promotions including welcome offers, reload bonuses, tournaments, missions, rakeback/cashback and VIP benefits. Each promotion has specific Bonus Rules, such as wagering requirements, eligible games, max bet limits, time limits and winnings caps.

If there is any conflict between these Terms and a specific promotion’s Bonus Rules, the Bonus Rules take priority for that promotion. Rakebit reserves the right to withhold or cancel bonuses and related winnings if Terms or Bonus Rules are violated, including through bonus abuse, arbitrage, multiple accounts, or coordinated play.

10. Prohibited Activities

You must not use the Platform for illegal or harmful purposes. Prohibited actions include multiple accounts, account sharing, unauthorized payments, laundering funds, automation tools, glitch abuse, harassment of staff or players, and any attempt to hack, attack or overload the Platform.

Rakebit may suspend or close accounts and, where appropriate, cooperate with law enforcement or relevant authorities in the event of suspected criminal activity.

11. Responsible Gambling

Gambling should be entertainment, not a financial strategy. Only gamble what you can afford to lose, set limits, and avoid chasing losses. If gambling stops feeling fun, take a break and seek help.

Trusted support resources: BeGambleAware, GamCare, Gambling Therapy, NCPG.

12. Privacy & Cookies

Rakebit collects and processes data in line with its Privacy Policy and Cookie Policy. By using the Platform, you consent to cookies and similar technologies necessary for operation, security and user experience. For full details, please review the Privacy/Policy section on the website.

13. Intellectual Property

All content, branding, logos, graphics, UI elements and software on the Platform are owned or licensed by Rakebit or its partners and are protected by intellectual property laws. You may not copy, distribute, scrape or reuse Platform content without prior written permission.

14. Limitation of Liability

To the maximum extent permitted by law, Rakebit is not liable for losses arising from internet issues, device/wallet errors, crypto price volatility, or breaches of these Terms by the player. The Platform is provided on an "as is" and "as available" basis. Some jurisdictions do not allow certain limitations; in such cases liability is limited to the extent permitted by law.

15. Changes to the Platform & Terms

Rakebit may modify, suspend or remove features, change limits or bonus availability, and update these Terms and related policies. Continued use after changes means you accept the updated Terms.

16. Governing Law & Disputes

These Terms and any relationship between you and Rakebit are governed by the law specified in the legal section of the Platform, corresponding to the operator’s jurisdiction. In case of dispute, contact support first to attempt an informal resolution.

17. Contact & Support

For questions about these Terms, your account, transactions, or responsible gaming tools, contact support via Live Chat or email: [email protected].