Rakoo Review: Scam or Safe?

Rakoo Review: Scam or Safe?

 

Rakoo is a relatively new gambling house, with noteworthy bonus promotions. The overall number of events is not that great, but the prizes offered are simply outstanding. Other than that, Rakoo hosts thousands of games, with popular names like Gates of Olympus and Big Bass Bonanza included, so the fun in this house is guaranteed. And most importantly, the casino is licensed and safe, so all critical marks are checked. That said, let's get into detail about the bonuses cause there are some really interesting numbers to share.

Languages: English

Bonuses

BonusMin depositMax bonusWagering requirementsCash out limit
First Deposit Bonus$20100% up to $6000 + 100 spins40x$10000
Friday Reload$4050% up to $600040x$10000
Monday Free Spins$20100 spins40xUnspecified
Cashback-15%3x$10000

As you can see from the table, the number of bonuses is rather limited – only four altogether, with one being a cashback promotion. Nonetheless, two events are really well above the standards – the welcome bonus and the reload can bring a cash prize of up to $6000, which is really impressive. The wagering requirement is good enough, and the same applies to the cash-out limits, so let's see some more info.

First Deposit Bonus – the welcoming offer. The minimum deposit to activate the bonus is $20. The prize is lucrative – 100% up to $6000 plus 100 free spins included. The FS are reallocated by 25 per day. Note, however, that the first free spins are added immediately, while the rest will become available once the player wager the deposit once. To withdraw winnings from both cash bonus and free spins, a wagering requirement of 40 times must be fulfilled. The cash-out limit is $10 000 for cash bonuses, according to TCs, and $50 for free spins winnings.

Friday Reload – another 6K offer. The minimum deposit for the Friday Reload is $40, while the prize is 50% up to $6000. The wagering requirement is 40 times, with a cash-out limit of $10 000 again. Note that players from Croatia, Armenia, Tunisia, Bosnia And Herzegovina, Indonesia, Georgia, Malaysia, Argentina, Peru, Sweden and Finland cannot participate in this promotion

Monday Free Spins – a reload free spins bonus. Players can claim up to 100 free spins available on many games if they place $20 or more. The number of FS will depend on the amount of the deposit. The wagering requirement is 40 times, but for this promotion, no cash-out limits are specified. See how the bonus works:

  • 20 FS – deposit of $20+
  • 50 FS – deposit of $50+
  • 100 FS – deposit of $100+

Cashback – every Tuesday players can receive 15% of their losses automatically. To do so, they should have placed at least one deposit and their losses between Tuesday and Monday should exceed $30. All withdrawals during the period will be subtracted and will not be calculated for the cashback. The wagering requirement is only 3 times, while the cash-out limit is the standard amount – $10 000.

License

Rakoo is licensed. FairGame G.P. N.V. operates the gambling house, a company that's fully authorised in Curacao by the local master holder Gaming Curacao. We already know this business since it also runs another casino we recently reviewed – Betsomnia. Feel free to check their review by following the link. Let us now explain how licensing in Curacao works.

First of all, we shall say that Curacao’s casino regulation is not as strict as in the UK or Malta, but nonetheless, the country has become very popular among online casinos. That is all due to the affordable licensing fees and beneficial tax policies, which allows casinos to offer a wider variety of games and more rewarding bonuses to their players. Another feat making Curacao popular for casino licensing is the unusual approach to the matter.

The Curacao’s way is very different, as online casinos are not licensed and regulated by the local gaming authorities directly. Instead, four independent companies are in charge of authorisation and consequent control – Antillephone, Gaming Curacao, E-Gaming, and CIL. Each one has the power to grant licenses and make sure casinos are following all the rules and regulations imposed by the authorities. A common belief is that the supervision is not as strong because of this setup, but some benefits are there, as well. The quicker and cheaper licensing gives more freedom to casinos, and on top of that, the process is usually more efficient when handled by private companies. Plus, having four licensing companies instead of just one means they can keep a closer watch on more casinos in a more efficient way. So, if you’re looking for a casino with extra bonuses and possibly a bigger choice of slot games, you might want to pick one licensed in Curacao. The gambling houses licensed there are considered safe enough.

On the list below, you can see the generally excluded countries. Keep in mind, however, that other limitations apply, too. As already explained, players from additional countries are not allowed to use bonuses. Other than that, certain gaming providers have their own lists of restricted countries, so if a certain slot is not available for you, it's not the casino to blame.

Restricted countries: Afghanistan, American Samoa, Belarus, Bulgaria, Curaçao, Cyprus, Côte d'Ivoire, Estonia, Guam, Iran, Iraq, Israel, Korea, North, Lithuania, Malta, Moldova, Romania, Russian Federation, Spain, Ukraine, United Kingdom, United States, United States Minor Outlying Islands, Virgin Islands, U.S.

Deposit and Withdrawal

Currencies: Euro (EUR), US Dollar (USD), Australian Dollar (AUD), Canadian Dollar (CAD), Swiss Franc (CHF), Norwegian Krone (NOK), New Zealand Dollar (NZD), Swedish Krona (SEK), Brazilian Real (BRL)

Deposit methodMinimumMaximumProcessing timeFee
Credit/Debit Card$20UnspecifiedInstantFree
Bank$20UnspecifiedInstantFree
Crypto$20UnspecifiedInstantFree
Skrill$20UnspecifiedInstantFree
Neteller$20UnspecifiedInstantFree
NeoSurf$20UnspecifiedInstantFree
AstroPay$20UnspecifiedInstantFree
FlexePin$20UnspecifiedInstantFree
CashToCode$20UnspecifiedInstantFree
Jeton$20UnspecifiedInstantFree
EcoPayz$20UnspecifiedInstantFree
Paysafecard$20UnspecifiedInstantFree

The number of deposit methods is more than enough, but keep in mind that not all of the payment systems will be available for you. Depending on players' country of residence, certain methods will be excluded, while other local wallets may be further added. In our case, we could make use of Neosurf, Jeton, Cryptocurrencies, AstroPay and the not so popular PayOp, which facilitates payments through other wallets like Klarna, Trustly and Credit/Debit cards.

The minimum deposit is $20 across all methods, with the max one-time transaction unspecified. All deposits are instant and free.

Withdrawal methodMinimumMaximumProcessing timeFee
Credit/Debit Card$30$5000up to 3 daysFree
Bank$30$5000up to 3 daysFree
Crypto$30$5000up to 3 daysFree
AstroPay$30$5000up to 3 daysFree
Skrill$30$5000up to 3 daysFree
Neteller$30$5000up to 3 daysFree
Jeton$30$5000up to 3 daysFree
EcoPayz$30$5000up to 3 daysFree

As for withdrawals, the available methods are expectedly less. That's due to the fact that it's not possible to withdraw using certain systems like Neosurf, Flexepin and CashToCode. The minimum withdrawal is $30, which is a requirement within industry standards. A maximum one-time withdrawal is not specified, but the weekly limit is $5000 or equivalent in other currencies, so it's unlikely that Rakoo will let you withdraw more than that in a single transaction.

The monthly withdrawal limit is also very good – up to $30 000, which is within industry standards and a little bit above. In contrast, there are some casinos that do not let players cash out more than $10K, so this limit is generally fair.

Players will be allowed to withdraw if they fulfil the so-called rollover requirement of 1 time. This means that they should wager their deposits once before a withdrawal. If they fail to do so, Rakoo reserves the right to charge a 10% administrative fee on their withdrawals, which is a standard condition, actually.

Another charge should be mentioned, as well – $5 for inactive accounts. It will be triggered after 180 months of inactivity, which still fits into the standards. Most casinos put the accounts inactive after 6 to 12 months on average. The administrative fee will apply until the account reaches zero balance or gets reactivated.

Games and Game Suppliers

Game providers: PragmaticPlay, Spribe, Evolution, Play'n GO, NetEnt, Betsoft, Vivo Gaming, Playson, Red Tiger Gaming, Microgaming, Endorphina, GameArt, Quickspin, Habanero, Tom Horn, Thunderkick, 1x2gaming, Spinomenal, Igrosoft, Playtech, Givme, Iron Dog Studio, Tvbet, Golden Race, Bet2Tech, Caleta, Golden Hero, Leap-Gaming, Gamomat, Swintt, Spearhead, Platipus, ELK, Oryx, Nucleus, Nolimit City, Mr Slotty, 7Mojos, Kiron, Fazi, EAgaming, Gamzix, Slotmill, Smartsoft Gaming, 3 Oaks, Atomic Slot Lab, EGT Interactiv, Reevo, Wizard, Dlv, Blueprint, Mascot, Fantasma, Ezugi, Triple Cherry, Evoplay, CT Interactive, Spinmatic, BGaming, TrueLab, Revolver Gaming, NetGame, Red Rake, Charismatic, Betsolutions, Big Time Gaming, Foxium, XPRO Gaming, Lightning Box, Just For The Win, Rabat, RealDealer, Onlyplay, Kalamba, Fugaso, Absolute Live Gaming, Atmosfera, Belatra, Booming Games, Felix Gaming, KA Gaming, Mancala

Rakoo works with leading providers only, so they provide some of the most popular slots a player can find. Accordingly, the most popular ones among Rakoo's players are those: Big Bass Splash, Wild Cash x9990, Mental, Big Bass Bonanza, Gates of Olympus, Golden Dragon Inferno, Sweet Bonanza, Egyptian Sands, The Dog House Multihold, Double Triple Fruits, Lucky Oak, Flip Royale, Muertos Multiplier Megaways, Book Of Rampage, Midas Golden Touch, Bigger Bass Bonanza, Aloha King Elvis, Wolf Gold, Hit more Gold!, Bomb Bonanza, John Hunter and the Book of Tut Respin, Zeus vs Hades – Gods of War, Alien Fruits, Hell Hot 40, Wolf Fang – Golden Sands, Wild Spin, Floating Dragon Megaways, Book of Gold: Multichance, The Dog House Megaways, and Gonzo's Quest Megaways, to name but a few.

Live Casino is also provided, with the featured games being those ones: Crazy Time, VIP Blackjack 4 – Ruby, Infinite Blackjack, Teen Patti, Lightning Roulette, First Person American Roulette, Craps, Crazy Time A, Auto Roulette, Immersive Roulette, Blackjack Grand VIP, Casino Hold'em, Blackjack Fortune VIP, Double Ball Roulette, Classic Speed Blackjack 22, Auto-Roulette VIP, Auto-Roulette and Auto-Roulette La Partage, to name some.

Provably fair games like Aviator and Plinko are also available, as well as an entire section with Book slots including Book of Dead, Book Of Rampage, Book of Gold: Multichance Mobile, Lucky Jack – Book Of Rebirth, Book Of Rebirth, Book Of Demi Gods II, Book Of Horror and so forth.

Unfortunately, sports betting is not available, which is a minus for us, but if you are mostly into casino games, you will find all that you are looking for.

Conclusion

Let's give you a brief summary of Rakoo. First and foremost, it's a licensed casino, so it's safe and fair to all players. The gambling house hosts the most popular slots and a wide selection of Live Casino games and provably fair titles like Aviator, which has become really popular recently. The deposit and withdrawal conditions are good enough, with high limits, so the payments are fair enough, as well. The bonuses are not very many, but on the other hand, all promotions are simply spectacular – two events can bring you up to $6000 each. Sports betting is not available, which is a downside. Another downside is that Live Casino games are not included in the bonus promotions, but with that, the drawdowns come to an end. So, all in all, Rakoo isn't so much better than most other licensed gambling houses, but it's not bad at all. It's a good casino with fantastic bonuses – that's where it shines.

Rakoo Pros and Cons

ProsCons
Licensed CasinoCould Offer More Bonus Promotions
A Spectacular Welcome Bonus
Thousands of Slots By Leading Providers
Relaxed Deposit and Withdrawal Conditions

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