Bonus policy

This Bonus Policy was last updated on 19 of June 2024.

THIS BONUS POLICY IS INCORPORATED AND MADE A PART OF rakebit.ai TERMS OF SERVICE.

TECH GROUP BL LIMITADA, a company incorporated in Costa Rica, San Jose-Montes De Oca, San Pedro, Los Yoses (hereinafter “the Company”), has created this bonus policy for the purpose of attracting new Users and promotion of games that belong to the Company. To achieve the noted goals, the Company reserves the right to develop the promotion campaigns as well as the present Policy and change the existing ones without prior notification of the Users and based on the marketing needs of the Company. The Users accept that by continuing to use the Website rakebit.ai, they express their consent with this Bonus Policy.

Deposit Bonuses

Casino welcome bonuses

1st Welcome Casino Bonus

  1. 100% up to 500 EUR
  2. min dep: 30 EUR or equivalent
  3. wager: x40
  4. duration: 10 days

You also get FREEBET!

  1. amount: 10 EUR
  2. wager: x10
  3. minimum odds: 1.70
  4. maximum odds: 2.50

2nd Welcome Casino Bonus

  1. 50% up to 1000 EUR
  2. min dep: 30 EUR or equivalent
  3. wager: x40
  4. duration: 10 days

3rd Welcome Casino Bonus

  1. 150 Freespins
  2. min dep: 30 EUR or equivalent
  3. wager: x40
  4. duration: 10 days

Sport welcome bonuses

1st Welcome Sport Bonus

  1. Freebet amount: 100% - up to 250 EUR
  2. min dep: 25 EUR or equivalent
  3. wager: x10
  4. minimum odd freebet: x1.70
  5. maximum odds freebet: 2.50
  6. duration: 30 days

2nd Welcome Sport Bonus

  1. Freebet amount: 100% - up to 100 EUR
  2. min dep: 25 EUR or equivalent
  3. wager: x7
  4. minimum odd freebet: x1.90
  5. maximum odds freebet: 2.50
  6. duration: 30 days

3rd Welcome Sport Bonus

  1. Freebet amount: 100% - up to 150 EUR
  2. min dep: 25 EUR or equivalent
  3. wager: x8
  4. minimum odd freebet: x1.80
  5. maximum odds freebet: 2.50
  6. duration: 30 days

Additional conditions

  1. Welcome bonus is given to any user making a deposit of at least 20 EUR or equivalent on their Rakebit account.
  2. The Bonus should be enabled before the corresponding deposit and will be credited immediately after refilling the account balance. In case the bonus was not credited after its activation and making a deposit, please contact the customer support before making any bets.
  3. Otherwise, we reserve the right not to provide the bonus.
  4. Once the Bonus has been credited, your funds will be used in the following order: any funds required to trigger the Bonus (i.e. your real money balance), bonus funds (i.e. your credited bonus). Winnings made from the real money balance are credited to the real money balance and winnings from the bonus balance are credited to the bonus balance accordingly.
  5. Users cannot withdraw the Bonus right after receiving it. The granted bonus amount must be wagered 40 times before the funds can be withdrawn.
  6. Only wagers made with the bonus money will contribute towards the wagering requirement. Wagers made with real money will not count towards the wagering requirement.
  7. rakebit.ai reserves the right to withhold and remove a user’s welcome bonus if it has not been used or wagered within 7 days from the date it was awarded.
  8. The following games are restricted until wager requirements have been met: all Jackpot games and some other.
  9. Should you decide to disable Bonus manually before fulfilling the respective wagering conditions, all bonus funds and progress made in games will be lost.
  10. rakebit.ai reserves the right to write off the remaining balance from the winnings after wagering individually.

Deposit bonus

  1. Deposit Bonus is available for account owners only. It cannot be sold or given to any other users by any means.
  2. To get the bonus you need to activate it in the user's profile on Rakebit and make a deposit of a minimal sum equivalent of any currency, which is mentioned at the bonus T&Cs.
  3. The Bonus amount depends on the amount of the deposit, equaling percent of the deposit. The maximum amount of the Bonus is mentioned at the bonus T&Cs.
  4. The Bonus should be enabled before the corresponding deposit and will be credited immediately after refilling the account balance. In case the bonus was not credited after its activation and making a deposit, please contact customer support before making any bets. Otherwise, we reserve the right not to provide the bonus.
  5. Once the Bonus has been credited, your funds will be used in the following order: any funds required to trigger the Bonus (i.e. your real money balance), bonus funds (i.e. your credited bonus). Winnings made from the real money balance are credited to the real money balance and winnings from the bonus balance are credited to the bonus balance accordingly.
  6. Users cannot withdraw the Bonus right after receiving it. The bonus and respective winnings must be wagered 40 times the granted amount before the funds can be withdrawn.
  7. Only wagers made with the bonus money will contribute towards the wagering requirement. Wagers made with real money will not count towards the wagering requirement.
  8. Different games contribute differently to the wagering requirements and can be seen in the list below:
    • Slot Games (exceptions listed below): 100%
    • Table games: 0%
    • Live casino: 0%
    • Video poker: 0%
    • The following games are restricted until wager requirements have been met: all Jackpot games.
  9. Rakebit reserves the right to withhold and remove a user’s Deposit Bonus if this Bonus has not been used or wagered within 10 days from the date it was awarded.
  10. If you choose to request the withdrawal of your real money balance while having an active bonus, the bonus and all the bonus balance will be forfeited.
  11. A single user can have only one active Bonus at a time.
  12. Should you decide to disable Bonus manually before fulfilling the respective wagering conditions, all bonus funds and progress made in games will be lost.
  13. The wagering of the Bonus is automatically reviewed by the system. The progress is shown in the Profile section.
  14. Until the wagering requirements have been met, the maximum bet that can be placed is 5 EUR or equivalent in other currencies.
  15. Rakebit has a zero-tolerance policy towards bonus abuse and bonus-related fraudulent activity on accounts. If any bonus abuse or bonus-related fraudulent activity is suspected, we reserve the right to conduct a thorough investigation of the case in order to determine the exact type of activity. This information helps us to arrange our internal processes in a way that makes it impossible to conduct bonus abuse and bonus-related fraudulent activity. Examples of bonus-related fraudulent activity include, but are not limited to:
    • Using more than one account to claim multiple bonuses;
    • Two tier betting (where large bets are placed on high variance outcomes, before switching to normal variance outcomes to clear wagering requirements); 
    • Multiple account strategy / proxy account strategy;
    • Using a VPN or masking IP address;
    • Betting more than 10% of the bonus amount in a single bet, spin or round.
  16. If you choose to request the withdrawal of your real money balance while having an active bonus, the bonus and all the bonus balance will be forfeited.
  17. Delaying any game round in any game, including free spins features and bonus features, to a later time when you have no more wagering requirements and/or performing new deposit(s) while having free spins features or bonus features still available in a game is prohibited. Players doing so agree to have their bonus, initial deposit, and associated winnings declared void.
  18. Deposit Bonus at Rakebit can only be received once per person, household, IP address (including shared networks), device and/or credit/debit card number or any other deposit method used. We reserve the right to close the User’s account and confiscate any existing funds if evidence of bonus abuse is found. Rakebit retains all rights in accordance with these Bonus Policies and General Terms of Use to verify its players’ behavior and act accordingly.
  19. If you wish to place a withdrawal after the wagering requirements have been met, you must note that the maximum withdrawal amount after its wagering is 10x from the initial bonus amount. Rakebit reserves the right to write off the remaining balance from the winnings after wagering individually.
  20. Rakebit reserves the right to cancel this promotion at any time at its sole discretion without any notification.

Other bonuses

Freechips

  1. Freechips Bonus is available for account owners only. It cannot be sold or given to any other users by any means.
  2. Freechips Bonus is given to the user on occasion and does not require a deposit in order to activate Bonus.
  3. The Bonus amount depends on the user’s previous activities. The maximum amount of the Bonus is 5000 EUR or equivalent in other currencies.
  4. Users cannot withdraw the Bonus right after receiving it. The bonus and respective winnings must be wagered 40 times the granted bonus amount before the funds can be withdrawn unless otherwise indicated (see T&C in the description of each bonus).
  5. Different games contribute differently to the wagering requirements and can be seen in the list below:
    • Slot Games (exceptions listed below): 100%
    • Table games: 0%
    • Live casino: 0%
    • Video poker: 0%
    • The following games are restricted until wager requirements have been met: all Jackpot games.
  6. All winnings received while wagering Freechips Bonus are limited to a maximum cashout amount of 5 times bonus granted. Any exceeded balance will be voided prior to withdrawal.
  7. Rakebit reserves the right to withhold and remove a user’s Freechips Bonus if this Bonus has not been used or wagered within 7 days from the date it was awarded.
  8. A single user can have only one active Bonus at a time.
  9. Should you decide to request a withdrawal or disable Bonus manually before fulfilling the respective wagering conditions, all bonus funds and progress made in games will be lost.
  10. The wagering of the Bonus is automatically reviewed by the system. The progress is shown in the My Profile section.
  11. Until the wagering requirements have been met, the maximum bet that can be placed is 5 EUR or the equivalent in other currencies.
  12. Rakebit has a zero-tolerance policy towards bonus abuse and bonus-related fraudulent activity on accounts. If any bonus abuse or bonus-related fraudulent activity is suspected, we reserve the right to conduct a thorough investigation of the case in order to determine the exact type of activity. This information helps us to arrange our internal processes in a way that makes it impossible to conduct bonus abuse and bonus-related fraudulent activity. Examples of bonus-related fraudulent activity include, but are not limited to:
    • Using more than one account to claim multiple bonuses;
    • Two tier betting (where large bets are placed on high variance outcomes, before switching to normal variance outcomes to clear wagering requirements); 
    • Multiple account strategy / proxy account strategy;
    • Using a VPN or masking IP address;
    • Betting more than 10% of the bonus amount in a single bet, spin or round.
  13. If you choose to request the withdrawal of your real money balance while having an active bonus, the bonus and all the bonus balance will be forfeited.
  14. Delaying any game round in any game, including free spins features and bonus features, to a later time when you have no more wagering requirements and/or performing new deposit(s) while having free spins features or bonus features still available in a game is prohibited. Players doing so agree to have their bonus, initial deposit, and associated winnings declared void.
  15. Freechips Bonus at Rakebit can only be received once per person, household, IP address (including shared networks), device and/or credit/debit card number or any other deposit method used. We reserve the right to close the User’s account and confiscate any existing funds if evidence of bonus abuse is found. Rakebit retains all rights in accordance with these Bonus Policies and general Terms of Use to verify its players’ behavior and act accordingly.
  16. If you wish to place a withdrawal after the wagering requirements have been met, you must note that the maximum withdrawal amount after its wagering is 5x from the initial bonus amount. Unless otherwise indicated (see T&C in the description of each bonus). Rakebit reserves the right to write off the remaining balance from the winnings after wagering individually.
  17. Rakebit reserves the right to cancel this promotion at any time at its sole discretion without any notification.

Freespins

  1. Deposit Freespins bonus is available for account owners only. It cannot be sold or given to any other users by any means.
  2. Deposit Freespins bonus is given to the user as a part of promotion and requires a deposit of at least minimum deposit amount or equivalent in other currencies in order to activate Bonus.
  3. The Deposit Freespins Bonus amount depends on the promo conditions.
  4. Bonus balance will be added to a user account after spinning the Freespins in the specified game.
  5. Users cannot withdraw the Bonus right after receiving it. Deposit Freespins Bonus has a wagering requirement of x40 times for the amount of freespins winnings to become available to withdraw unless otherwise indicated (see T&C in the description of each bonus).
  6. Only wagers made with the bonus money will contribute towards the wagering requirement. Wagers made with real money will not count towards the wagering requirement.
  7. Different games contribute differently to the wagering requirements and can be seen in the list below:
    • Slot Games (exceptions listed below): 100%
    • The following games are restricted until wager requirements have been met: all Jackpot games and some other.
  8. Rakebit reserves the right to withhold and remove a user’s Deposit Freespins Bonus if this Bonus has not been used or wagered within 10 days from the date it was awarded.
  9. If you choose to request the withdrawal of your real money balance while having an active bonus, the bonus and all the bonus balance will be forfeited.
  10. A single user can have only one active Bonus at a time.
  11. Should you decide to request a withdrawal or disable Bonus manually before fulfilling the respective wagering conditions, all bonus funds and progress made in games will be lost.
  12. The wagering of the Bonus is automatically reviewed by the system. The progress is shown in the My Profile section.
  13. Rakebit has a zero-tolerance policy towards bonus abuse and bonus-related fraudulent activity on accounts. If any bonus abuse or bonus-related fraudulent activity is suspected, we reserve the right to stop any further bonuses, promotions and/or offers. Examples of bonus-related fraudulent activity include, but are not limited to:
    • Using more than one account to claim multiple bonus;
    • Multiple account strategy / proxy account strategy;
    • Using a VPN or masking IP address;
    • Betting more than 10% of the bonus amount in a single bet, spin or round;
    • Delaying any game round in any game, including free spins features and bonus features, to a later time when you have no more wagering requirement and/or performing new deposit(s) while having free spins features or bonus features still available in a game is prohibited. Players doing so agree to have their bonus, initial deposit, and associated winnings declared void.
  14. If you wish to place a withdrawal after the wagering requirements have been met, you must note that the maximum withdrawal amount after its wagering is 10x from the initial bonus amount. Unless otherwise indicated (see T&C in the description of each bonus). Rakebit reserves the right to write off the remaining balance from the winnings after wagering individually.
  15. Deposit Freespins Bonus at Rakebit can only be received once per person, household, IP address (including shared networks), device and/or account. We reserve the right to close the User\`s account and confiscate any existing funds if evidence of bonus abuse is found. Rakebit retains all rights in accordance with these Bonus Policies and general Terms of Use to verify its players’ behavior and act accordingly.
  16. Deposit Freespins Bonus is not available for users from these countries: Cambodia, China, Costa Rica, Indonesia, Portugal, Russian Federation, Saudi Arabia, Singapore, Thailand, Ukraine, United Kingdom, United States and its dependencies and territories, Yemen.
  17. If you choose to request the withdrawal of your real money balance while having an active bonus, the bonus and all the bonus balance will be forfeited.
  18. Rakebit reserves the right to cancel this promotion at any time at its sole discretion without any notification.

Freebets

  1. These Terms and Conditions apply to the specific promotional offers in our sports betting and live betting line-up called and displayed as "FreeBet".
  2. In addition to these FreeBet Terms and Conditions, our General Terms and Conditions.
  3. Where offered, a "FreeBet" entitles You to place a bet without prior deduction of the stake from Your account balance. The amount that is used for the calculation of the possible winnings of this bet ("FreeBet Value") will be displayed as "Stake".
  4. FreeBets can be subject to certain restrictions: they can be e.g. only valid for certain sports or leagues or for bet placement on specific devices. In such cases, the respective restriction will be displayed in the FreeBet overview.
  5. If the selection in your bet slip can be played with a FreeBet, the respective FreeBet will be offered to you automatically in your bet slip. You can then play the selection as a FreeBet or use the FreeBet at a later point in time.
  6. Available FreeBets are displayed on the website in the bet slip. By clicking on this area, you can open the FreeBet overview which lists all of your Freebets that can still be used.
  7. Unless otherwise stated FreeBets will only be available to real-money players and you are required to make an initial deposit of at least the minimal deposit or more into your account in order to participate.
  8. Where a FreeBet is settled as "won", you will be credited with FreeBet winnings which will be equal to the FreeBet value multiplied by the odds stated on the bet slip minus the FreeBet value. New customers may only withdraw potential winnings from a successful FreeBet bet or use the same for further bets once they have achieved "real-money player" status and have made a deposit and placed a real-money bet.
  9. If a bet placed using a Freebet is settled as ‘cancelled’, that Freebet will be deemed invalid.
  10. A FreeBet can be placed as one single bet or one Combo bet but the FreeBet value cannot be split between various bet placements. Multiple single bets, system bets and bankers are excluded from FreeBets.
  11. Where offered, a FreeBet can only be used once and within the time frame displayed on screen. If the validity time expires without the FreeBet being used, the FreeBet will become invalid.
  12. A FreeBet can only be used for our sport betting or live betting line-up. All other products are excluded.
  13. Where there are specific conditions that apply for selected betting options, for example minimum odds, Multi bet restrictions etc., these restrictions will also apply for FreeBets.
  14. Where the player's betting limits are less than the FreeBet value, the FreeBet will have to be forfeited.
  15. The company does not guarantee the availability of FreeBets on all devices and browser versions.
  16. Rakebit reserves the right to cancel this promotion at any time at its sole discretion without any notification.

Weekly Cashback

  1. The cashback percentage DOES NOT change based on the deposit sum. You’ll always receive Cashback on what you’ve lost.
  2. Cashback is given on the loss deposit amount from the last credited cashback during the previous period. The percentage of weekly cashback depends on your VIP level.
  3. Cashback is credited weekly every Friday at 11:00 (UTC).
  4. Cashback DOES NOT have wagering requirements.
  5. No minimum bet or maximum bet is applied.
  6. No maximum cap on the cashback payouts.
  7. You can get and activate your cashback in the section “My bonuses”
  8. The validity of the cashback is 3 days from its receipt.
  9. For receiving cashback the total amount of withdrawals cannot exceed 60% of the total amount of all Player’s deposits
  10. For receiving cashback your balance should be lower than 10 EUR or equivalent.
  11. Cashback at rakebit.ai can only be received once per person, household, IP address (including shared networks), device and/or credit/debit card number or any other deposit method used. We reserve the right to close the User’s account and confiscate any existing funds if evidence of bonus abuse is found. Rakebit retains all rights by these Bonus Policies and General Terms of Use to verify its players’ behaviour and act accordingly.
  12. Rakebit has a zero-tolerance policy towards bonus abuse and bonus-related fraudulent activity on accounts. If any bonus abuse or bonus-related fraudulent activity is suspected, we reserve the right to stop any further bonuses, promotions and/or offers. Examples of bonus-related fraudulent activity include, but are not limited to:
    • Using more than one account to claim multiple bonuses;
    • Two-tier betting (where large bets are placed on high variance outcomes, before switching to normal variance outcomes to clear wagering requirements);
    • Multiple account strategy/proxy account strategy;
    • Betting more than 10% of the bonus amount in a single bet, spin or round.
  13. Cashback is only paid out to active accounts.
  14. Rakebit reserves the right to cancel this promotion at any time at its sole discretion without any notification.