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Rakebit
TRUST SCORE
6.5/10
Above average
Arbitrage betting not allowed
Rakebit's sportsbook terms prohibit arbitrage betting — bets found to be arbitrage are voided and the account restricted.
20+ cryptocurrencies accepted
No stated maximum win limit
Generous rakeback
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Resolved
Account closed; balance confiscated after sports/casino play
Account
Winnings confiscated / forfeited
Priority A — confiscation / forfeiture
What happened
Player alleged the account was closed roughly an hour after a withdrawal request, with the full $873 balance confiscated under generic anti-fraud/arbitrage wording. Rakebit later reassessed the decision through the AskGamblers process and paid out the full $873, which the player confirmed receiving.
Amount at stake
$873
Operator's stated reason
"Generic anti-fraud / arbitrage-betting wording, no specifics given"
Status
Resolved — This case reached a resolution.