10 facts about Rainbet you should know before you sign up
Rainbet runs a $1 million monthly race and lets crypto players skip ID checks. Here are ten things worth knowing before you sign up, each checked against Rainbet's own pages.
- 01
Rainbet is run by RBGAMING N.V.
Its terms name RBGAMING N.V., registration 16077, as the company behind Rainbet.
Source: rainbet.com ↗ - 02
Its Anjouan licence checks out as valid
RBGAMING N.V. holds Anjouan licence ALSI-152406029-FI2, and the Anjouan Gaming validator linked from Rainbet's footer seal shows it as VALID.
Source: verification.anjouangamingboard.org ↗ - 03
Crypto players don't need to verify their ID
Rainbet says crypto play and withdrawals need no KYC, though it may ask for documents if it sees suspicious activity.
Source: help.rainbet.com ↗ - 04
Its monthly race pays $100,000 to first place
The $1M monthly race pays $100,000 for 1st, $62,000 for 2nd and $42,000 for 3rd, still paying $1,600 at 100th. Daily and weekly races run alongside, and sportsbook bets count three times toward your rank.
Source: rainbet.com ↗ - 05
Everyone gets a free raffle ticket every week
The $20,000 weekly raffle gives every participant one free ticket, plus one per $500 wagered. Each week 50 tickets are drawn and each wins $400.
Source: rainbet.com ↗ - 06
You can claim rakeback every 15 minutes
Rakeback is based on your total wagered and can be claimed every 15 minutes, with part of it feeding the Daily Reload. RakeBoosts lift it for an hour at a time.
Source: help.rainbet.com ↗ - 07
The first deposit bonus needs 40x turnover
Deposit and bonus go into a promotional balance that must be turned over 40x, so $100 becomes $200 in play and needs $8,000 of wagering. Games above 97.4% RTP are switched off while it's active. Rainbet's terms page also lists a No Wager Lock version.
Source: help.rainbet.com ↗ - 08
It doesn't offer deposit limits
Rainbet's help centre says it offers no responsible-gambling deposit limits and points players to loss limits instead.
Source: rainbet.com ↗ - 09
Withdrawals take 5 to 15 minutes
Rainbet says withdrawals are typically processed within 5 to 15 minutes.
Source: help.rainbet.com ↗ - 10
Its partners include UFC fighters and 6ix9ine
Its homepage names Rainbet an official partner of UFC fighters Sean Strickland, Justin Gaethje and Joshua Van, rapper 6ix9ine, and Bare Knuckle Fighting Championship.
Source: rainbet.com ↗
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