Rakoo Casino review (2023): Pros and Cons Explained

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Rakoo is an online casino which has opened its virtual doors in 2023. New places to gamble are always exciting for players, and this seems like quite the decent pick for them. Among its advantages is the license the house holds, as well as the vast amount of deposit methods that it accepts. There are also a ton of games to play, from many top-tier Suppliers, and the bonuses you can claim seem to be pretty competitive with the rest of casinos nowadays.

However, there are also certain things about Rakoo which are not so great. For instance, we think its withdrawal conditions could be a bit more player-friendly. On the other hand, the casino has decent bonuses, yes, but the total amount of available promotions is fairly low. Both the advantages and disadvantages of the casino will be examined in full detail below, as we go over its promotions, the regulation over the house, its payment policies and the games it offers themselves. So if you are interested in opening an account with Rakoo, read on to learn all you need to know about it:

Bonuses

Here is a list of the four bonuses which are available to players:

These are generally great promotions, and we’d like to take the opportunity to examine them in more depth. Before that, we would like to mention their cash out limit. This represents the maximum amount of money a player is allowed to make with a bonus. After it is reached, the casino will write off further profits. With Rakoo, that is 10x the initial deposit made, or $10 000, whichever lower. Nowadays, most casinos which have cash out limits avoid setting them to flat amounts like that, and there is a case in which the limit is lower than the deposit you are required to make to receive the bonus in the first place. However, $10 000 is not all that restrictive.

Next, all but one bonus have a wagering requirement of 40x. What does that mean? Such requirements are part of all bonuses these days, and represent an amount of time you are expected to turn over the money received as part of the promotion before you can withdraw bonus funds and profits. So is the requirement by Rakoo too high? No, the range we consider reasonable for deposit bonuses’ turnovers is 30x to 40x. That is what most other casinos set their requirements to as well. The only exception is the Cashback bonus, which has a 3x wagering requirement. Such promotions usually have lower turnovers, around 3x-5x. So the bonus conditions with Rakoo are overall quite decent. Here is a more thorough look into the promotions themselves:

• The First Deposit Bonus is a way for Rakoo to reward new players. If you make the qualifying deposit of $20, you can enjoy a 100% boost of the funds you cashed in, all the way up to $6000. As far as a minimum deposit requirement goes, that is not too high, and we are also impressed with the high maximum you can claim. The downside to the bonus has to be that it only covers the first deposit you make with the casino. Usually welcome bonuses are an entire package, which makes it so you can get a significant leg up on the first couple times you cash in. At least there is a package of 100 Free Spins too. Note that 25 of them will become available to you the moment you deposit, and three more bundles of 25 Spins will be credited daily to your account afterwards!
• There’s a special promotion, which allows players to recoup some of their losses from bets that have not gone according to their expectations. That is the Tuesday Cashback Bonus. Cashback incentives are nothing new for casinos, and they all work the same way. The house has a specific percentage of losses, counted over a certain amount of time, that is credited back to the player. This percentage is 15% of the losses on Tuesdays in the case of this particular casino. To claim the funds, you need to clear a lower minimum wagering requirement of 3x, which we mentioned is quite competitive. There does not seem to be a maximum amount of funds you can receive, which is great too. However, note that to start receiving the bonus in the first place, you need to have realized losses of over $30.
• Thirdly, Friday Reload is a bonus which lets you get a head-start of your weekend gaming. It is similar to the Welcome bonus, but the entry cost is $40 or more. That is a pretty high minimum amount of money to have to cash in, which makes the promotion rather uncompetitive. You can also get only 50% of the deposit as bonus funds, up to $6000. This brings us to our previous point, about the cash out limit. If there is a cash out limit of 10x the deposit, you would have a maximum limit of $120 000 for this bonus, which is great. But since there is a flat $10 000 amount, the maximum deposit which benefits from the bonus, $12 000, is actually higher than that, which is ridiculous.
• Lastly, there is a bonus which lets you get started with the week, called Monday Free Spins. This is an interesting promotion, because it presents the players with a choice. You can get either 20, 50 or 100 Spins. To do so, you need to deposit $20,$50 or $100. The bonus can only be claimed once, though so keep that in mind when deciding what to get!

This is all of the promotions which are run by the casino. There is a good welcome bonus, and a decent amount of recurring and easily available incentives to cash in further too. However, we would have liked to see something more innovative implemented as well, or a couple more bonuses being available.

License

Regulation is one of the first things you should look for in a casino. We are happy to say that Rakoo is fully licensed! Here is what we found on its website about this crucial topic:

There was a claim that Rakoo is licensed in Curacao, one of the most popular destinations for casino operators to obtain licenses in these days. The body which issued the license is Gaming Curacao (GC). That claim can easily be verified, because the regulator requires houses under its supervision to have Digital seals on their websites. These seals look like the GC logo on the other side of the screenshot above, and can be clicked, leading to the register of the regulatory body:

As you can see from the screenshot of said register, GC confirms that Rakoo is the licensed domain of a casino operator which is also authorized by the body. GC is just one of the four regulators in Curacao, and even though they all have their own specifics about them, the regulatory regime in the country is very attractive for casinos. That is because there is a balance between the interests of the operators of the online gambling establishments and the players. More specifically, here are the protections you’d have access to with a licensed casino:

• There are special ways in which player data needs to be stored by casino operators. They need to encrypt it using some of the strictest cybersecurity policies out there. This is very important, because sometimes you’d be required to submit very sensitive personal information as part of the business model of a casino. This can include pictures of your ID, credit cards and all sorts of data you would not want hacked or leaked!
• Next, there are certain self-exclusion policies that all casinos nowadays need to provide their players with. These can be opt-in time out warnings, deposit limits and even the ability to request the closure of your account. Regulation guarantees that the wishes of these players will be respected. These measures can promote safer gaming practices and curb problem gambling, which would help foster a more fun environment for everyone.
• Last but not least, the games themselves and their integrity are a focal point of the regulatory bodies. In particular, players can rely on the RTP percentages which are available for any game online. These percentages represent the average amount of funds that are returned to your when playing the game, and are verified by independent auditors. These auditors go over the random number generators used in the games. These are complex mathematical algorithms, which determine the outcomes of the bets. The audits, required by regulators, have created a much more transparent environment for players!

The reasons above are why we recommend casinos like Rakoo over unlicensed houses.

On another note, here are the countries where its services are not available:

Restricted countries: Afghanistan, Belarus, Bulgaria, Curaçao, Cyprus, Côte d’Ivoire, Estonia, Iran, Iraq, Israel, Korea, North, Lithuania, Malta, Moldova, Romania, Russian Federation, Spain, Ukraine, United Kingdom, United States.

Also, the website can be viewed only in English. We would have liked to see more language options, though.

Deposit and Withdrawal

Cashing in with this casino can be done via a plethora of payment means. Here is a full list of them:

The currencies that are accepted are also quite varied. Rakoo takes deposits in EUR, USD, BRL, CAD, PLN, CHF, NOK, SEK, AUD, NZD, CZK, HKK. This is excellent because it means the player will not have to pay conversion fees, and can instead cash in to the casino instantly. Speaking of fees, there are none the casino charges. Note that some of the payment providers might have fees, and that these fees will need to be covered by you.

As for the payment provides, there are tons of options available – from e-wallets to crypto! Some of these means of deposit will not be available in certain countries, though. For instance, Interac is a strictly Canadian payment method.

The minimum deposit requirement is in line with what most casinos require nowadays too – it is set to $20, which is great. Let’s take a look into the withdrawal conditions now:

Once more, there are a lot of different options to make your withdrawal request. However, note that you need to have turned your money over at least once before doing so, as per the AML policies of the casino. That is a common request, and it is not out of place here, or with any other casino. There is a higher minimum deposit requirement of $30. That is a bit much, most other houses keep their requirements the same between deposits and withdrawals. The maximum you can cash out is $5000 daily, which is a good amount, on the other hand.

Once more, there are no fees for withdrawals, but you need to keep in mind that you’d have to cover the charges which come from the payment provides processing the request! The time the casino is said to clear such requests in is 72 hours.

There is one last thing to mention, the inactivity fee which we found. Here is a clause which outlined it:

These kinds of fees are pretty common, and the size of this one is decent too.

Games and Game Suppliers

Here is a full list of all of the Game Suppliers which are featured on the website of Rakoo:

Game providers: Pragmatic Play, Spribe, Evolution, Play’n GO, NetEnt, Betsoft, Vivo Gaming, Playson, Endorphina, Amatic, Quickspin, Tom Horn, Thunderkick, 1x2gaming, Spinomenal, Igrosoft, Givme, Iron Dog Studio, Tvbet, Golden Race, Bet2Tech, Caleta, Golden Hero, Leap-Gaming, Gamomat, Swintt, Platipus, ELK, Oryx, Nucleus, Mr Slotty, Kiron, Fazi, EAgaming, Gamzix, Slotmill, Smartsoft Gaming, 3 Oaks, Atomic Slot Lab, Reevo, Dlv, Mascot, Fantasma, Triple Cherry, Evoplay, CT Interactive, BGaming, TrueLab, NetGame, Red Rake, Charismatic, Betsolutions, Big Time Gaming, Foxium, Lightning Box, Just For The Win, Rabat, RealDealer, Onlyplay, Kalamba, Atmosfera, Belatra, Kaga, Mancala;

This is an excellent amount of developers to have listed on one’s website, and we are pretty happy with the fact that players have so much variety when it comes to whose games they can play. Still, it is not uncommon for bigger casinos to have even more Supplier partners, with the number reaching over 100 in certain cases! As for the games themselves, here is what they are:

• The first and biggest category of games are the Slots. These include player favorites like Gates of Olympys, Sweet Bonanza, Big Bass Bonanza, Book of Dead, Wolf’s Gold, Starburst and many more. The slots are even organized in several categories to make browsing them easier, like Slots, Megaways, Jackpots. There are also two categories based on the theme of the game – Fruits and Books. We are pretty impressed with the Slots Rakoo offers!
• There are only live dealer versions of the table games Rakoo has. These include casino classics like Baccarat, Poker, Blackjack and Roulettes. Live gaming is great, but it would have been nice to have an alternative to it. Also, Game Shows like Crazy Time don’t seem to be available, which is a let-down.
• Fans of Crash games will be able to play Aviator. We hope to see more Crash games added to the Rakoo roster in the future!

Conclusion

To sum everything up, Rakoo is a pretty good place to play Slots. The casino is safe and has a pretty flexible deposit policy. Even though we are not happy with all of its withdrawal conditions, they are nothing too bad either. However, if you are looking for other types of games, this might not be the best choice for you. Also, we would like to see more bonuses introduced. Luckily, as Rakoo is still a pretty new casino, there is plenty of time for it to improve. We will keep track of this house for sure, to see where it goes from here!

More Rakoo Casino Reviews: Deposit-withdraw.com, Scamosafe.com