RakeBit: what we can verify
RakeBit states in its own terms that withdrawals are processed varies, does not disclose its fee policy, pays rakeback of 100% new-player rakeback on Levels 1 to 9 (capped $1,000 total), 10% base rakeback beyond Level 10, + 2% to 25% daily cashback (verified from its own pages and cited records, last read 2026-09-01).
We have recorded no community payout flag for RakeBit, which means we found no credible corroborated record either way; absence of a flag is not an endorsement.
The record
| What we track | Value | Status | Read |
|---|---|---|---|
| Stated payout window | varies | verified | 2026-08-17 |
| Fee policy | undisclosed: No withdrawal fee or commission is stated anywhere in the Terms of Use (read 2026-08-17). The one fee the terms do publish is unrelated to withdrawals: a 'Dormant Account Fee' of 10 EUR per month charged to a dormant account while its balance remains positive. We record the withdrawal fee policy as undisclosed rather than as zero. | verified | 2026-08-17 |
| KYC gate as stated | Terms of Use, read 2026-08-17, verbatim: 'Rakebit will carry out additional verification and identification procedures for any withdrawal or reserves the right to carry such verification procedures at any level of withdrawals.' The same document reserves the right to request up-to-date documents, conduct a Skype or Zoom interview, and request confirmation of source of funds or a high-resolution selfie holding documents, 'even though the User has passed identity verification in the past'. | verified | 2026-08-17 |
| Rakeback | 100% new-player rakeback on Levels 1 to 9 (capped $1,000 total), 10% base rakeback beyond Level 10, + 2% to 25% daily cashback (mixed) | verified | 2026-09-01 |
RAW Score v0: 5.3 of 10
The score is a weighted summary of the record above, computed at build time by a published formula over typed dataset fields. Payment is not an input and there is no hand-set number anywhere in it. It is capped at 9: no operator can score 10 until we can measure payouts ourselves and hold a complaint ledger, so the score says what it cannot see. The full definition, weights and caps are on the method page.
| Axis | Score | Weight | Why |
|---|---|---|---|
| What it publishes | 4/10 | 0.25 | publishes: withdrawal ceiling, operating entity and licence · will not tell you: fee policy, minimum withdrawal, no-KYC ceiling |
| What its terms commit to | 0/10 | 0.2 | stated window varies: 0/10 (a stated window is a promise, not a measured time) · fee policy undisclosed: an unpublished policy commits to nothing, 0/10 |
| What the record shows | 7/10 | 0.4 | no community payout flag on record: base 7/10, absence of a flag is not an endorsement |
| How fresh the read is | 10/10 | 0.15 | payout record read 2026-08-17, 15 days before the 2026-09-01 snapshot: 10/10 |
Rakebit relaunched its VIP system ("New VIP Loyalty System v2", live 2026-08-10 with a running countdown, 50 levels total) with a genuinely high 100% rakeback rate for new players on Levels 1-9, capped at $1,000 total from that mechanic and earned per-wager (not a $1,000 credit upfront: "every wager generates rakeback, win or lose"). Past Level 10 the site's own launch page states a 10% base rate. This directly contradicts the site's separate FAQ blurb, which still claims "instant rakeback up to 25%" at the top "Whale" tier, so Rakebit's own pages disagree on the standing long-run rate; treat 10% as the more specific, more recently-dated source. Operator self-reports being run by Innovex Tech Holdings Ltd (no licence number found).
What we refuse to say
We do not state a licence for RakeBit, because we have not independently verified one. Absence of a claim is not a claim of absence.
We do not quote a cashback value for RakeBit, because no computable programme is in our dataset.
Caveats on this record
Caps, the instalment clause and the KYC wording are operator-verified verbatim from rakebit.com/policy/terms-of-use/ and /policy/kyc/ on 2026-08-17. No minimum, no processing time and no withdrawal fee are published, and all three are recorded as absent. IMPORTANT READING NOTE: the KYC policy mentions 2000 USD, but not as a no-KYC ceiling. It says Rakebit may request full KYC 'before your first deposit that is lower than 2000 USD or its equivalent', which reserves verification BELOW that figure rather than exempting anything under it. So noKycCeilingUsd is null, not 2000.
Player reviews (moderated)
No approved reviews for RakeBit yet. Every review is moderated before publication, moderation is part of the public record, and reviews decide nothing about verification or rank until real volume exists.