Updated October 17, 2026 · WagerCue Editorial Team
okbet vs Rakebit
okbet
Higher score in this comparison
Rakebit
Where okbet and Rakebit differ
| Compare | okbetReviewSee alternativesSee alternatives | RakebitReviewSee alternativesSee alternatives |
|---|---|---|
| Welcome offer | Welcome Bundle: Unlock Non-Stop Bonuses in 1 Step (newcomer bonus, Philippines) | 100% up to 4000 USDT |
| Regulators | Philippine Amusement and Gaming Corporation (PAGCOR) | Costa Rica |
| Payment methods | E wallets, Online banking, Prepaid cards | BTC, ETH, USDT |
| Sports markets | Basketball, Football, Cue sports, Badminton, Tennis, Boxing, Baseball, Esports, Volleyball, MMA, Horse racing | Soccer, Basketball, Tennis, MMA, Esports |
| ID checks | Required | Threshold |
| Restricted countries | Anguilla, Antarctica, Argentina, Australia, Belgium, Bermuda, Bosnia and Herzegovina, Bouvet Island, British Indian Ocean Territory, Virgin Islands, British, Cayman Islands, Christmas Island, Cocos Islands, Croatia, Cyprus, Denmark, Estonia, Ethiopia, Falkland Islands, France, Germany, Gibraltar, Greece, Hungary, Ireland, Iran, Iraq, Israel, Italy, Latvia, Lithuania, Montserrat, Netherlands, Norfolk Island, North Korea, Pakistan, Pitcairn Islands, Poland, Portugal, Puerto Rico, Romania, Serbia, Singapore, Slovakia, South Africa, South Georgia and the South Sandwich Islands, South Sudan, Spain, Sri Lanka, Palestine, Eswatini, Sweden, Switzerland, Syria, Trinidad and Tobago, Tunisia, Turkey, Turks and Caicos Islands, Uganda, Ukraine, United Kingdom, United States, Vanuatu, Yemen | Cambodia, China, Costa Rica, Indonesia, Portugal, Russia, Saudi Arabia, Singapore, Thailand, Ukraine, United Kingdom, United States, Yemen |
| Minimum deposit | ₱500 | Not confirmed |
| Withdrawal time | Not confirmed | instant |
| Wagering requirement | Not confirmed | 30 |
| Live streaming | Yes | Not confirmed |
| Responsible gambling tools | Deposit limits, Self exclusion | Not confirmed |
| Wagering applies to | Not confirmed | Bonus |
| Bonus match | Not confirmed | 100% |
| Withdrawal time (hours) | Not confirmed | 0 hours |
| Bonus types | Free bet, No deposit | Not confirmed |
Same on both: Sportsbook type (Bookmaker).
We earn a commission when you sign up through links on this site. Partner status can affect where a brand appears in our rankings. Partners with a live offer in your country come first, then every other brand by score.
Key differences
- Regulators: only okbet offers Philippine Amusement and Gaming Corporation (PAGCOR).
- Regulators: only Rakebit offers Costa Rica.
- Restricted countries: only okbet offers Anguilla, Antarctica, Argentina.
- Restricted countries: only Rakebit offers Cambodia, China, Costa Rica.
- Payment methods: only okbet offers E wallets, Online banking, Prepaid cards.
- Payment methods: only Rakebit offers BTC, ETH, USDT.
- Sports markets: only okbet offers Football, Cue sports, Badminton.
- Sports markets: only Rakebit offers Soccer.
- Support channels: only okbet offers Phone.
- Support channels: only Rakebit offers Community.
Our verdict on each
okbet
Okbet suits adults in the Philippines who want one account for sports, esports and casino play, with a minimum deposit of PHP 500 and a licence from Philippine Amusement and Gaming Corporation (PAGCOR). Identity checks are required before play, and support runs on email, chat and phone.
Rakebit
Rakebit is an online casino built around cryptocurrency, and it launched in 2024. For players who already hold digital assets, its large library and live dealer studios give the experience a wide scope.
Score breakdown
| Area | okbet | Rakebit |
|---|---|---|
| Cost | 9.0 | 9.3Higher |
| Offer | 9.1 | 9.2Higher |
| Trust | 9.2Higher | 9.0 |
How they place
| Ranking | okbet | Rakebit |
|---|---|---|
| Betting sites and sportsbooks | 113 of 644 | 121 of 644 |
| Esports betting sites | 9 of 25 | 10 of 25 |
| Online casinos | 134 of 732 | 145 of 732 |
| Live casinos | 80 of 292 | 89 of 292 |
| Slot sites | 97 of 376 | 107 of 376 |
| Betting apps | 61 of 213 | 67 of 213 |
Availability and regulation
| Country | okbet | Rakebit |
|---|---|---|
| Philippines | Not confirmed |
Where these facts come from
okbet
- games.okbet.com: 8 facts, checked September 26, 2026
- sports.okbet.com: 7 facts, checked September 26, 2026
- pagcor.ph: 1 fact, checked September 26, 2026
Rakebit
- rakebit.com: 9 facts, checked September 26, 2026
- moneycheck.com: 5 facts, checked September 26, 2026
- askgamblers.com: 3 facts, checked September 26, 2026
- bestnetentcasino.info: 1 fact, checked September 26, 2026
- rake-partners.com: 1 fact, checked September 26, 2026
Every fact side by side
| Fact | okbet | Rakebit |
|---|---|---|
| Features | Fast payouts, Mobile app | Fast payouts, On chain |
| Pricing model | Welcome bonus | Welcome bonus |
| Legal entity | Gavin Ventures, Inc. | TECH GROUP BL LIMITADA |
| Headquarters | Philippines | Not confirmed |
| Founded | Not confirmed | 2024 |
| Support channels | Email, Chat, Phone | Chat, Email, Community |
Casinos
| Fact | okbet | Rakebit |
|---|---|---|
| Games | Not confirmed | 7,000 |
| Game providers | JILI, PG Soft, Pragmatic Play, OK Slots, TPG, Fa Chai, Red Tiger, RealTime Gaming, Evolution Gaming, CQ9, NetEnt, NoLimit City, Big Time Gaming, Playstar | Pragmatic Play, NetEnt, Playtech |
| Live dealer games | Yes | Yes |
| Game types | Slots, Live, Table, Blackjack, RouletteCovers more | Slots, Live |
Poker, bingo and lottery
| Fact | okbet | Rakebit |
|---|---|---|
| Products | Bingo, Lottery | Not confirmed |
Where each stands against the rest
| Fact | okbet | Rakebit | Median |
|---|---|---|---|
| Wagering requirement | Not confirmed | 30above the median | 15 |
| Bonus match | Not confirmed | 100%at the median | 100% |
| Withdrawal time (hours) | Not confirmed | 0 hoursbelow the median | 1 hour |
Median across 165 listed gambling operators.
Pros and cons
okbet
Pros
- Welcome offer built on free bet and no deposit, so some promotions need no deposit at all
- Sportsbook covers basketball, football and cue sports, including esports and horse racing
- Casino floor spans slots, live and table with live dealer games available
Cons
- Minimum deposit of PHP 500 sits well above the site median of €8.77
- Account verification is required, so expect KYC checks before your first bet
- Availability is a single market, with AI, AQ and AR barred from joining
Rakebit
Pros
- A large library of games drawn from many providers
- Live dealer studios that stream tables in 4K
- A wide range of cryptocurrencies accepted for deposits and withdrawals
Cons
- Play is built around cryptocurrency, so players need digital assets to take part
- Withdrawal speed depends on the confirmation times of each blockchain network
Who each suits
okbet
Who it suits
- Adults in the Philippines who hold a local gaming licence position and want a bookmaker and casino under one account
- Players who like esports markets alongside mainstream sports, since basketball, football and cue sports includes esports
- Bettors who set deposit limits or use self-exclusion as part of their bankroll plan
Who should look elsewhere
- Readers outside the Philippines, because the brand serves a single market and blocks AI, AQ and AR
- Low-stake players, since a PHP 500 minimum deposit is above the site median of €8.77
- Anyone who wants no paperwork at signup, as identity verification is required before play
Rakebit
Who it suits
- Players who already hold digital assets and want crypto payments
- Fans of slots and live dealer tables
Who should look elsewhere
- Players who want to pay in traditional currency
- Players who prefer to avoid blockchain networks
Current offers
okbet
Current offer
Bonus
Welcome Bundle: Unlock Non-Stop Bonuses in 1 Step
Newcomer, first registration and deposit; runs April 20 to December 31, 2026; claim in Rewards Center
Source, checked September 26, 2026
Bonus
Daily Special Game: 1.5% daily bonus
Rotating featured title, unlimited daily bonus
Source, checked September 26, 2026
Bonus
Color Game Lucky Roll: up to PHP 22,600
Daily dice roll, up to 9x
Source, checked September 26, 2026
Bonus
EVO Perya Fiesta live casino prize pool: PHP 420,000,000
Live casino prize pool through December 27, 2026
Source, checked September 26, 2026
Bonus
PG Soft September Global Cash Tournament: PHP 3,810,000
September 9-13 and 23-27, 2026
Source, checked September 26, 2026
Country by country
| Country | okbet | Rakebit |
|---|---|---|
| Philippines | Yes | No |
Questions about each
okbet
Who licences Okbet?+
Okbet is licensed by Philippine Amusement and Gaming Corporation (PAGCOR), the Philippine regulator that supervises offshore gaming operations. The account is run by Gavin Ventures, Inc.. Anyone outside the Philippines should check the restricted list before applying, since AI, AQ and AR are blocked.
What is the minimum deposit at Okbet?+
The minimum deposit is PHP 500. That is well above the median minimum deposit across the site, €8.77, and above the lower quartile of €4.38. Stakers who play small amounts may prefer operators with a lighter entry.
Rakebit
When did Rakebit launch?+
Rakebit launched in 2024 and was built from the start for digital assets. Its design avoids older structures, so play and payments are organised around cryptocurrency rather than conventional banking.
What types of games does the library include?+
The library includes slots, table games and live dealer studios, with titles drawn from many providers. Provably fair games sit alongside them, so the range covers several styles of play. Live tables streamed in 4K add a close, studio style feel to the experience.
Other options to compare
okbet
Rakebit