Rainbet Review

Our Rainbet review put this leading offshore operator under the microscope. We discovered that the bookie has a fantastic range of sports, leagues and markets to bet on along with good value odds. A specialist crypto bookie, Rainbet have a fantastic range of cryptocurrencies available with rapid withdrawal times. Rainbet doesn’t currently operate in the UK, therefore you could have problems accessing the site. If, however, you are based in a location where Rainbet operates, then we recommend them as a trusted operator that provides a great crypto betting experience.

Info

Rainbet is not available in all territories and currently does not operate in the UK. If you are based in the UK, you may need a VPN to access the site. For more details, check out our guide on betting with a VPN. Through this, you should be able to buy crypto and use this bookie. You may encounter problems if you need to provide an address or a mobile number.

Rainbet do not hold a UKGC licence and are not currently permitted to accept players from the UK. They are, however, emerging as a solid and reliable operator with a credible licence. Launched in 2023, the bookie is operated by RBGaming N.V., with its registered location in Mutsamudu, Autonomous Island of Anjouan (Union of Comoros). They hold a licence from the Anjouan Gaming Authority (licence number: ALSI-152406029-FI2). While the Anjouan licence isn’t as strict as the UK Gambling Commission's, it is a recognised offshore licence used by many crypto sportsbooks.

Your personal and financial data and your cash are kept secure at Rainbet. They use SSL encryption, which keeps everything safe and as a predominantly crypto gambling platform, cryptocurrency wallet systems mean that you share less banking information. In terms of responsible gambling, there is a link to the bottom of the page which leads you to this section. While the information presented is valid and useful, it is very sparse compared to that of some offshore rivals and UKGC bookies. There are five tips for responsible gambling management and a link to self-exclusion. There are no links to outside agencies and no significant tools.

The findings in our Rainbet review tell us that this is a solid and secure crypto gambling platform, but it is not as strongly regulated as UKGC operators. It is a fully legit operator, but it is not subjected to the type of scrutiny from its regulatory body as bookies licenced in the UK by the UK Gambling Commission. There is also the issue of accessing Rainbet from the UK or using this bookie in a territory that supports it. To find out more about betting online abroad, check out our guide on international betting sites.

Rainbet: Solid crypto betting platform

Chris Sampson: While Rainbet are not required to stick to the rigorous standards set by the UKGC, they are a safe and solid option among crypto betting sites. They have a valid licence from a credible body and security measures to protect your cash and data. While responsible gambling is covered, the section is very light compared to other leading offshore betting sites. Some extra tools and greater prominence for this area would raise confidence in their attitude towards player welfare.

Signing up for Rainbet is very simple. We were signed up and ready to start betting within five minutes. This is the procedure step-by-step.

Rainbet's sportsbook main page

Click on the blue “Register” button in the top right corner.

Rainbet's registration form

Enter your email address and create a username and password. Confirm you are over 18, accept the T&Cs and click “Create Account”.

Rainbet account creation confirmation

You will receive a message confirming that your account has been successfully created.

Rainbet KYC Account Verification

If you plan to fund your account with crypto, you are unlikely to need to worry about Rainbet KYC verification. If you are using fiat payments, then you may have to complete the KYC process. This could involve proof of identity, proof of address and proof of earnings. If you are accessing Rainbet from a restricted area via a VPN, then you may run into problems at this point.

Rainbet Sign-Up Offer

Our Rainbet review discovered that there is a choice of deposit bonuses. Both apply to the sportsbook as well as the casino, however, they appear to be targeted at the casino side of things.

The Wager Locked promotion gives you the chance to claim bonuses on your first three deposits plus 20 free spins each time. Deposits one and three are 100% and deposit two is 50%. The deposit limits are $30 minimum and $700 maximum. Your bonus and free spins are credited automatically when you deposit. The bonus does come with considerable restrictions. There is a wagering requirement of 40x, game restrictions (games with a Return to Player (RTP) rate over 97.4% are disabled when active, including some table games, selected slots and sports betting). The maximum bet is 1% of the amount you deposit into the promotion. Claiming this deposit bonus will slow your initial progress through the rewards system.

The No Wager Locked first deposit bonus gives up to a 100% bonus. The limits for minimum and maximum deposits remain the same as the Wager Locked promo and you must wager x1% x 20% to unlock the bonus.

Rainbet First Deposit Bonuses: Casino-focused and heavy on restrictions

Chris Sampson: Rainbet have their first deposit bonuses available, however, they are not really aimed at sports bettors and there are a lot of conditions attached. Their standard promos and their rewards programme give better opportunities to increase value.

Other Promotions

Our Rainbet sportsbook review discovered that while there was no specific sports welcome offer, sports bettors have a number of chances to find value and interest with the bookie’s existing customer promos.

Premier League Tournament

When you place successful bets on the Premier League you earn points based on your profit per betslip. The top three Premier League punters share a prize pool of $30,000.

Early Payout

Like many of the best betting sites in the UK, Rainbet will payout early on 1×2 bets in football when the team you’ve backed go two goals up. This means that you don’t have to worry about late comebacks. You can sit back, relax and watch your winnings drop in. This is available for Europe’s top five leagues and the three major UEFA competitions, the Champions League, the Europa League and the Conference League.

Double Profit Promos

Rainbet frequently give you the chance to double your profit on selected events. For example, at the time of writing, if you back Man Utd to win against Liverpool and your bet wins, you will double your profit if Bruno Fernandes scores. For UFC Fight Night: Jack Della Maddalena vs Carlos Prates, if you back Maddalena and he wins with the fight going the distance, you will get a double payout. The bonus amounts are issued as free bets up to $200 per user.

NBA Double Profit

Rainbet offers a double-profit promo for every NBA game. Simply back a team to win, and if you are successful and the game has more than 240 points, then your profits double. The bonus amount is issued as free bets.

Rainbet Boxing – KO = Double Profit

The chance to earn a double profit extends to boxing at Rainbet. Simply bet on either fighter to win and your profits double if your pick wins by KO. Again, this is up to $200 per punter and the bonus amount comes in free bets.

Daily, Weekly and Monthly Races

These prize pools are mainly for the casino and mainly target high rollers. However, the icons appear on the sportsbook page and points from sports bets count towards these promos. The daily race is a $25,000 prize pool. It is a leaderboard where the top players, based on betting the most, share the prize. The weekly race has a $100,000 pot and it is aimed at those who are consistent users of Rainbet over several days per week. The monthly race is aimed at VIP players with a prize pool of $500,000.

$20,000 Weekly Raffle

Every Rainbet punter gets a free ticket to the draw. The more you bet, the more tickets you earn for this weekly draw for a $20,000 prize pool. Again, this is aimed at high rollers as additional tickets are given for every $500 wagered. While sports bets count, it is primarily directed at the casino, as playing several specified casino games can earn you extra tickets.

VIP and Loyalty Programme

As with most offers at Rainbet, many of the VIP and loyalty programmes are primarily aimed at casino players. Sports bets count towards your points, but most missions, incentives and specific rewards are related to the casino.

The VIP system is based on progress and reward consistency. Sports wagers count towards this, but it is aimed at higher spenders, who not only play frequently but have an interest in the casino. The VIP programme is a tiered system, and the higher you go, the better the rewards and perks. There are daily, weekly and monthly bonuses, cashback on bets, and a dedicated account manager at higher levels.

Rainbet: Some great sports promos but a heavy casino bias

Chris Sampson: There are several interesting sports-specific promos which offer value. However, most of the offers and rewards are targeted at casino players and are easier to access. There is value to be found between the two.

Rainbet are a great option if you want to fund your account with crypto. They compare well in this respect with other leading offshore bookmakers. You can buy crypto using Visa, Mastercard, Apple Pay, and Google Pay, however, there is a 3-5% fee. There is no upper limit on deposits and withdrawals with cryptocurrencies, and the minimum limit is a very reasonable $10.

Deposit Withdrawals

Method	Min	Max	Processing Time	Fee
	$30 (variable)	Variable	Instant	3-5%
	$30 (variable)	Variable	Instant	3-5%
	$10	Unlimited	Instant	Free
	$10	Unlimited	Instant	Free
	$10	Unlimited	Instant	Free
	$10	Unlimited	Instant	Free

Method	Min	Max	Processing Time	Fee
	$20 (variable)	Variable	Variable	3-5%
	$20 (variable)	Variable	Variable	3-5%
	$20	Unlimited	Instant – one hour	Free
	$20	Unlimited	Instant – one hour	Free
	$20	Unlimited	Instant – one hour	Free
	$20	Unlimited	Instant – one hour	Free

How to Deposit Funds to Rainbet – My Experience

Depositing at Rainbet is simple. Rainbet reviews its deposit options, so they change quite regularly. If you choose to make a fiat payment, you need to remember that there will be a 3-5% charge.

1. Sign in to your Rainbet account and go to the Wallet/Deposit section

2. Select your payment method

3. Copy the provided wallet address and send funds from your external wallet to that address

4. Wait for network confirmation – funds will be credited automatically

How to Withdraw Funds from Rainbet – My Experience

A major attraction of this operator is the Rainbet manual withdrawal time. As with most crypto betting sites, the procedure is extremely quick. Your cash will be back with you inside an hour, sometimes instantly. The Rainbet withdrawal process is also easy to use. Check out our step-by-step guide.

1. Log into your Rainbet account and go to the Wallet/Withdraw section

2. Select your payment method and enter your external BTC wallet address

3. Input the amount you wish to withdraw and confirm the request

4. Wait for processing and blockchain confirmation – funds will automatically be sent

Rainbet: Great crypto banking options

Chris Sampson: Rainbet is a great option for those who want to use crypto payments. The speed of withdrawals cannot be faulted and the lack of limits for maximum deposits and withdrawals make this operator a great option for high rollers. My Rainbet review found that while fiat payments are possible, this is not the greatest offshore site for these methods.

Rainbet have over 50 sports available to bet on. Traditional sports such as football (called soccer on Rainbet), rugby union, rugby league, cricket, golf, tennis and basketball are all included. As is the case with many top international betting sites, racing has a separate area, with horses, greyhounds and trotting having their own sections. Esports also has its own section and there are a large range of options. There are also e versions of sports, including efootball and ecricket in the main sports lobby. Lower-profile sports are well represented. Rainbet have markets for sailing, biathlon, pickleball and curling among others. Some events have livestreaming, however, this is limited.

American sports are covered especially well, with NBA basketball, the NFL, the NHL and MLB all enjoying extensive coverage. Football, golf, tennis, horse racing, and esports are strengths of this operator.

There is no fixed minimum and maximum stake at this operator. Rainbet reviews individual sports, markets and events independently and the minimum and maximum bets are very much at the discretion of the bookie.

Rainbet Football Betting Coverage

All top online bookmakers know that they have to get their football offering right. And Rainbet definitely tick most of the boxes when it comes to providing quality football betting. They have a huge number of leagues and competitions available to bet on.

In English football, as well as the Premier League and the domestic cup competitions, there are markets right down the pyramid to the Southern League Premier Division, the seventh tier. Europe’s top leagues, such as Serie A, La Liga, Ligue 1 and the German Bundesliga, are naturally covered, but you can wager on domestic football in Barbados, Oman, Northern Ireland, Singapore and many more countries around the world.

The top European competitions, such as the Champions League, the Europa League and the Conference League, all have extensive markets, including player props for each match. Less-celebrated competitions still offer options beyond 1X2 for most matches.

There are a whole host of outright football bets available. As well as league winners, there are markets available for top four finishes. One thing that caught our eye was the Winner Without markets in leagues typically dominated by one or two clubs. Examples include Ligue 1 (Winner Without PSG) and La Liga (Winner Without Barcelona and Real Madrid).

Rainbet Horse Racing Betting Coverage

Rainbet has a specialist racing section divided into three parts: horse, greyhounds, and harness. The horse racing section features meetings from around the world. Fans of UK and Irish racing will be able to bet on many of the top meetings, although some of the lower-key meetings available at the UK’s best horse racing betting sites may not be available. This is compensated for by the wide variety of race meetings available around the world. At the time of writing, there are odds available for Australia, France, Turkey and the United States. Ante-post odds are limited beyond 36 hours.

Rainbet Tennis Betting Coverage

Tennis is covered well by Rainbet. As well as the Grand Slams and the tournaments on the ATP and WTA tours, there is coverage of lower tiers of international tennis. While the higher-level matches have a wide choice of markets, including set betting, total games, handicap betting and stats betting, there is a drop off for lower profile matches. Outright odds are available for the Grand Slams throughout the year. We found that tennis odds are consistently competitive at Rainbet.

Rainbet Basketball Betting Coverage

Rainbet are a great bookie for basketball betting. They generally pull out all of the stops for the top American leagues in all sports, so, naturally, the NBA has a great deal of betting options for punters. Each match has a huge number of markets, including player props.

The bookie provides stats and expert tips to help you with your picks. The coverage of the Euroleague and the Champions League also has a great deal of depth, and less-celebrated leagues around the world are covered as well.

Rainbet Esports Betting Coverage

Rainbet have a separate section for esports. They cover a wide variety, including Counter-Strike, Valorant, Dota 2, League of Legends, and Call of Duty. There are a great deal of markets available, including match betting and map betting. There are outrights available and selected events are livestreamed.

When compiling this Rainbet review I found that as well as covering a great range of sports, the depth of markets was impressive. Naturally, high-profile events such as Premier League and Champions League football matches and NBA basketball fixtures have a huge number of markets, but punters still have some choice in lower-profile sports and fixtures.

Across different sports, you will find handicap betting, totals, stats bets, betting on halves or periods and player props. There is also a good supply of outright bets available for many sports. Even lesser-celebrated sports, such as lacrosse, offer a range of betting options to give punters an added level of interest.

A bookmaker can do many things right, but if their odds are not offering decent value, then they will struggle. If a bookie is taking a 10% or less margin, then the odds are fair. Well under 10%, and you have “good value” odds. We found that Rainbet’s odds are decent and consistent across sports and markets. In order to look closely at the value, we compared Rainbet’s prices with two of the best international betting sites in BC Game and Cloudbet and one of the UK’s best betting sites, bet365 across three fixtures in three different sports.

Rainbet came out level pegging with BC Game, a leading offshore betting site. They did, however, fall a little short of another top crypto site in Cloudbet and UK giant bet365. While Rainbet’s odds for the ATP tennis match between Blockx and Zverev were pretty good we found their football and basketball odds to be no more than decent compared to many offshore bookies. Overall, we found the odds to be very good compared to many UKGC sites but only steady compared to the best offshore sports betting sites.

Rainbet: Impressive depth to markets and competitive odds

Chris Sampson: The odds at Rainbet are competitive, but there is better value to be found at some of their offshore rivals. Rainbet have great depth to their markets across a range of sports for leading events. While there is some drop off, bettors can still find a degree of choice in the markets for lower-profile events.

When compiling bookmaker reviews we look into the standout features available at each site. Our Rainbet sportsbook review discovered a number of useful additional tools and features available.

Live Betting

Rainbet have a solid in-play betting platform. They have a huge range of events across many markets, especially for high-profile sports leagues and matches. The odds are updated quickly, and updates come through regularly to keep you up to speed with the action. Bigger events have graphics as well as text to help you follow the action and there are stats to help you with your picks. Some events have live streaming but this is limited and they tend to be lower-key events where there will not be an issue with broadcasting rights. Unfortunately, lower-key events have fewer stats and info included.

Cash Out

Our Rainbet review found that cash out is available for a good range of events. Cash out is less likely to be an option for smaller events and, unfortunately, partial cashout is not available. We found the system is easy to use, simply look out for the cashout icon and, once your bet is live, click on the cashout option on your betslip.

Bet Builder

Rainbet have a solid bet builder and have kept pace with the industry-wide development of this tool. A few years ago, it was standard just to have the bet builder for football. Now the majority of operators include multiple sports and Rainbet are very much on board with this, and the bet builder tool can be used in football, basketball, ice hockey, baseball and more. While some bookies have a greater range, Rainbet’s selection of sports is decent. High-profile fixtures and events have the bet builder available, however, some less celebrated matches are included too, although naturally, there will be fewer markets. In general, there are plenty of markets to choose from, giving you a decent range of options when constructing your wager.

Casino

Our Rainbet casino review show that the operator have a fantastic selection of games and that they are up there with the top offshore casinos. There are 4,000+ games from over 40 top providers, including Pragmatic Play, Evolution, NetEnt, and Play’n GO. Rainbet have an impressive range of original titles. Rainbet feature provably fair technology, which means you can independently verify the fairness of each game. There is a great live casino section with table games such as blackjack, roulette and baccarat. Our Rainbet blackjack review discovered that this is a strength of the casino with a number of impressive titles.

When conducting our Rainbet sportsbook review, we found the customer support to be in line with expectations for crypto sports betting sites. There is a 24/7 live chat service which can be frustrating at first, but once you get past the automated chat and through to an advisor, it is pretty effective. You have the option to email the bookie, and you can expect a response within three or four hours. There is also a specific email for complaints. There is a bank of FAQs available; however, this resource could be more expansive and could be easier to find. You need to go into the live support to find the FAQs.

There is no dedicated mobile app at Rainbet. However, the site works well in a mobile browser so betting on the go is not a problem. You can access everything from your mobile device that you can when using a PC.