New and Unproven Crypto Casino — Here’s Our Take on Razed
Having only launched in 2024, Razed is a relative newcomer to the crypto casino scene but has already made quite an impact. The platform offers thousands of slots, table, provably fair, and live dealer games, along with sports and esports betting.
In this original CoinBets.com review, I’ll be playing at Razed crypto casino with real funds, and checking out exactly what the site offers. Of course, I’ll pay close attention to the Razed welcome bonus, payment options, game catalog, and overall user experience. Finally, I’ll see what others are saying about this site and give it an all important CoinBets rating.
License and Security
Before we jump into the fun stuff, let’s check out Razed’s credentials.
Despite some casino review sites listing Razed as Curacao-licensed, it is actually licensed by the Offshore Finance Authority of The State of Anjouan (Union of Comoros), with License No. ALSI-132405034-FI3. However, the site is owned and operated by Wild Technology Limited, based in San Jose, Costa Rica.
The site connection is secure and the security certificate is valid
Welcome Bonus
The Razed crypto casino welcome bonus is advertised as 300% up to $15,000 – which, on the surface at least, seems quite generous. But, does it all stack up? Let’s dissect it.
300% bonus is awarded in the form of a rakeback boost
Min. deposit $30, max. deposit $5,000
Unlock $1 of rakeback boost for every $400 wagered
90 days to unlock all bonus funds, after which the bonus is removed

Okay, so you don’t have to be a math genius to realize the Razed casino welcome bonus sucks. I mean, it really sucks. This kind of rakeback bonus is perfect for making a bonus look better than it is. However, in fairness to Razed, the casino does provide some examples to illustrate just how horrendous their welcome bonus is – at least they get points for honesty.
Here they are, straight from the Razed
site:
Example 1:
- Player deposits – $100 USD.
- Player receives 300% of deposit amount as rakeback boost in the rewards tab – $300 USD.
- Player wagers $120,000 within 90 days and receives all bonus funds
Example 2:
- Player deposits – $10,000 USD.
- Player receives 300% of deposit amount as a rakeback boost in the rewards tab up to a maximum of $15,000 USD.
- Player wagers $6,000,000 within 90 days and receives all bonus funds.
So, there you go, if you’ve got an extra $6 million just burning a hole in your bank account, then you can get a full bonus worth $15,000. Because, yeah, if you can afford to splooge $6 million at an online casino over three months, $15K is going to be so compelling, right?
I hate to be so harsh, but the Razed welcome bonus perfectly illustrates why crypto casinos get so much bad press. It’s insanely irresponsible and the vast majority of players are never going to meet the wagering requirements, even the high rollers. Oh, and just to make the bonus even worse, “lower RTP game selections will contribute 50% progress towards your Rakeback Boost unlocking.” Oh good grief, give me strength!
Opening a New Account
On a brighter note, signing up at Razed crypto casino is quick and easy, with several options available:
Click the “Sign Up” button at the top right of the screen. Choose a username, provide your email address, set a strong password, and confirm it, then select your language and agree with the terms and conditions. Also, there’s space for you to enter a referral code if you have one. Then click “Register.”
Log in via Line
Log in via Google
Log in with X
Connect Telegram
Connect your Metamask wallet

Payments
Razed crypto casino supports a decent range of popular cryptocurrencies.
Crypto Deposits & Withdrawals:












To make a deposit, go to your Wallet, then click “Deposit.” Select your desired cryptocurrency (and network if applicable), and you’ll be presented with your unique Razed wallet deposit address as an alphanumeric string and QR code. Copy or scan the code and make a deposit from your source wallet.

To withdraw crypto, go to your Wallet, then click “Withdrawal.” Select your desired crypto (and network if applicable), enter the amount you’d like to withdraw, and provide your destination wallet address. The estimated network fee will be provided – if it’s all good, then click “Withdrawal.” Note, Razed Casino won’t allow you to withdraw funds until they’ve been wagered at least 1x.

CoinBets.com Tip: Always double-check crypto wallet addresses after pasting them – you don’t want to fall victim to ‘PasteJacking’. This is when hackers exploit the copy-paste function to change wallet addresses to steal funds.
Buying Crypto
If you need to buy some crypto, you can do it on-site thanks to a Swapped.com integration. Simply go to your Wallet, click “Buy Crypto”, set how much you want, choose a payment method, then click “Continue” and follow the prompts. You can pay with Visa, Apple Pay, GPay, Rapid Transfer, paysafecard, and Neteller. Fees are provided up-front and range from 1.75% for cards and e-wallets to 10% for paysafecard.
It’s worth keeping in mind that while Swapped and Moonpay widgets are convenient, you may get a better deal if you buy crypto from a good centralized exchange (CEX) or decentralized exchange (DEX) directly.

Game Selection
At the time of writing this Razed casino review, the platform offered over 4,100 games from around 30 providers – which is impressive but not quite up there with the biggest crypto casinos like Roobet and Stake. Still, Razed is relatively new, so I presume they’ll add many more games and providers over the coming months and years.
In common with some of the best crypto casinos, Razed provides real-time RTP on game thumbnails, allowing players to employ smart betting strategies. For more about RTP and house edge, you can see the exclusive CoinBets guide Understanding RTP in Crypto Casinos: How It Affects Your Chances of Winning.
Unsurprisingly, the bulk of Razed casino games are slots, with over 4,000 titles available. You’ll find contemporary hits like Sweet Bonanza 1000 and Gates of Olympus from Pragmatic Play, and Outsourced and Mental from Nolimit City, as well as older classics like Starburst and Hotline from NetEnt.
Megaways fans are also well catered for with slots like 5 Lions Megaways from Pragmatic Play and Vegas Megaways from Big Time Gaming. However, there’s no dedicated category or filter, so you’ll need to search to find them. Likewise, there’s no jackpot category or filter, so jackpot slots are frustrating to find. Indeed, categories and filters are thin on the ground here at Razed Casino – for example, there’s no way to filter bonus buys or games by theme.

Marbles Plinko – Classic (Marbles)
At the time of writing this review, Marble Plinko was offering the highest RTP at an incredible 185.77%, so I figured it was worth checking out. And, it definitely was! This fun game features video game-style graphics and involves choosing up to 4 marbles before they are dropped into the pegged plinko board. It’s simple but fast-paced as the marbles bounce around energetically before the winner drops into the channel at the bottom. Overall, this is a great little game to kill some time with, and I did walk away with a little profit. In fact, one of the nicest touches of the Marbles series is the live stats which make it easy to see how much you’ve wagered and if you’re in profit or loss.
The Slalom – Classic (Marbles)
Another variation of the Marbles game is The Slalom. Again, it involves choosing up to 4 marbles, in the hope that one wins. The marbles race around a track filled with twists, turns and various obstacles, meaning you don’t know which marble will win until the last moment. With its retro video game graphics and fast-paced play, this is another great little game to chill out to. There’s also another game in the Marbles series, Vortex, but at the time of reviewing it wasn’t available.
Yep, you’ve guessed it, Razed doesn’t provide filters or categories for crash and instant win games. So, it comes down to searching by title, which isn’t ideal. Still, there are some decent crash games available, including Speed Crash by Hacksaw and Big Bass Crash by Pragmatic Play. There’s also a fair selection of scratch cards from Hacksaw, including Snow Scratcher, Scratchy, and Scratch Gold.
The live casino at Razed consists of around 75 games from the usual suspects – Evolution, Pragmatic Play, and NetEnt. Thankfully, there are dedicated blackjack, roulette, baccarat, and game show categories, and you’ll find a pretty decent choice – though it can’t compete with the more established crypto casinos.
While the live casino choice is limited, you can enjoy games like live Infinite Blackjack and Lightning Blackjack, Mega Roulette and American Roulette, and Mini Baccarat. The most popular gameshows, like Mega Wheel, Sweet Bonanza Candyland, Crazy Time, and Dream Catcher are also available to play.

Unfortunately, there’s no category or filter for RNG (Random Number Generator) based table games and video poker – instead, they are mixed in with live games in the blackjack, roulette, and baccarat sections, and you’ll need to search for poker. And, in truth, the choice is limited – though there’s a fair selection of first-person table games from Evolution. The further I get with this review, the more Razed seems almost identical to Roobet – just without so many games.

Big shock – there’s no dedicated bingo section or filter, so it’s back to the subpar search. Again, exactly like Roobet. Even so, there are some video bingo games available, including Extra Bingo from Wazdan and Sweet Alchemy Bingo from Play’n GO. Unfortunately, the search function is pretty rubbish, so it also turns up slots with “ing” in their titles. The same goes for Keno – there are a few games, but the search also returns slots with “eno” in their names. Urghhh…
Can Razed redeem itself with its original provably fair games? Well, nope. At the time of writing, only 4 were available; Dice, Limbo, Keno, and Mines – though Wheel, Blackjack, Baccarat, Coin Flip, HiLo, Crash, and Roulette are “coming soon,” apparently.
Considering how important provably fair games are to the whole crypto casino space, it makes you wonder why they launched this platform until all the games were ready. On the plus side, Razed does have a user-friendly fairness interface, allowing you to easily find the seeds and verify results.
To read more about provably fair gaming at crypto casinos, be sure to see the CoinBets Introduction to Provably Fair Gaming.


Limbo (Razed)
As one of only four Razed originals currently available, I decided to give Limbo a few spins. To be honest, there’s not much to say about it – if you’ve played a limbo-style game at any other crypto casino, you’ll be familiar with it. Simply pick a multiplier and place a bet. The chance and profit on win are displayed, but apart from that, the game interface is very basic. Again, you can easily check your live stats – but in my case, I wish I hadn’t as all I saw was a sea of red! Still, the overall RTP for the past week was showing as 102.41%, which is pretty good. Provably fair info can be found by clicking “Fairness” just above the main game area.
Mines (Razed)
Again, virtually every crypto casino has a version of Mines available, so I was expecting anything particularly different at Razed. And, good grief, it was a disaster – after wagering €136.13 I was down €61.06, hitting on 2 wins out of 28 rounds. Mind you, I had been rather optimistic with the number of mines! The mines can be set anywhere from just 1 to 24, and this game has an official RTP of 99% – though at the time of writing this Razed casino review, the 24-hour RTP had fallen to 88.93%. Overall, there’s nothing particularly special about this – it’s just like every other Mines game – playable, but not exactly the most exciting thing ever.
Dice (Razed)
Interestingly, some Razed’s original Dice game allows you to pre-select popular strategies; Martingale, Delayed Martingale, Paroli, and D ‘Alembert. So, for the CoinBet’s Challenge, I decided to try out the Paroli. If you’re not familiar with it, it’s essentially the reverse of Martingale – so, whenever you land a win, you double your bet, and whenever you lose you keep your bet unaltered.
Now, these kinds of strategies can require a large bankroll to work effectively, but I wanted to see if it’s possible to get anywhere with affordable, accessible bets. So, I used the advanced options to set up 50x €1 bets to roll over 67 – giving a 33% chance of a x3 multiplier – and selected the Paroli strategy. I decided I’d keep going as my balance was going in the right direction.
And, here’s what happened:
- Starting balance: €95.41
- After the first 50 rounds: €112.40
- After the second 50 rounds: €168.40
- After the third 50 rounds: €220.00
- After the fourth 50 rounds €264.40
- After the fifth 50 rounds €536.40
- After the sixth 50 rounds €151.95
So, that’s 300 rounds starting with a small €1 bet using the Paroli strategy on Dice – and if I’d walked around after 250 rounds, I’d have made a very tidy €440.99 profit. In the end, I pushed my luck too far and had to settle for €56.54 – but still, I can’t complain. I think I’ll be trying the Paroli strategy again in the future!

Alongside the crypto casino, Razed also offers sports and esports betting. The sportsbook is comprehensive and looks identical to those at other major crypto casinos, offering pre-match and live betting on mainstream sports including soccer, basketball, tennis, baseball, and racing. Esports betting is available on all the main disciplines including League of Legends, Counter-Strike, and FIFA.

In terms of promos, at the time of writing, Razed didn’t really offer much for its existing casino players. Again, this is probably because it’s a relatively new casino, so I expect things will improve over time. Here’s what was offered:
- Slot Challenges – Achieve target multipliers to win modest cash prizes
- $50 Weekly Wagering Race – Players wagering the most win cash prizes. At the time of writing, the top players were wagering millions of euros to win sub-$20,000 prizes… or so the casino said.

Like most crypto casinos, Razed operates a multi-tier loyalty rewards program. Each tier is split into multiple sub-levels, and the table below shows you the types of perks you can expect, and how much you’ll need to wager to level up to the first sub-level of each tier.
VIP Rank | Bronze ($10k) Silver ($50k) | Silver | Gold ($200k) | Platinum ($750k) | Diamond ($25m) |
---|---|---|---|---|---|
Instant Rakeback | |||||
Weekly Bonus | |||||
Monthly Bonus | |||||
Rank Up Bonus | |||||
VIP Host | |||||
Daily Bonus | |||||
Birthday Bonus | |||||
Personalized Benefits | |||||
Milestone Rewards |
Just to put things in perspective, to reach the highest level of the top tier, Pink Diamond, you’ll need to wager a staggering $100 million at Razed. According to the site, this has already been achieved, with the VIP Euro-Summer Yacht Trip having been claimed. However, given the fact that this casino only launched last year, I strongly suspect this is complete BS and just another typical crypto casino marketing lie. Not cool.

You can contact the Razed casino help desk 24/7 via live chat or on-site messaging, however, no email address is provided. Additionally, there’s a help section with answers and guides covering the most common issues.
You can also follow and connect with Razed via social media platforms including Facebook, Telegram, Instagram, X (Twitter), and Discord.

In terms of design, Razed feels like a clone of other crypto casinos, most notably Roobet. Really, if it wasn’t for the logo, you could easily forget which you were using. And, just like Roobet, Razed very much suffers from a lack of useful filters and categories. Still, things are relatively logical and the basics work fine. Also, unlike many crypto casinos, Razed does offer some useful responsible gambling tools, like daily, weekly, and monthly loss limits and wager limits.

One thing I did notice is that the terms and conditions don’t seem to be current. For example, section 18.1 of the Terms and Conditions says that all disputes “shall be settled exclusively by Arbitration in Curacao and shall be exclusively subject to the Law of Curacao.” Considering Razed isn’t based or licensed in Curacao, this is a little concerning. Either it was previously based in Curacao, and they haven’t bothered to change the T&Cs (it says they were updated on 04/11/2024), or they have copied and pasted these T&Cs from another casino (gee, I wonder which one?), and haven’t even proofread them. Whichever one it is, it’s a pretty damning indictment of the business as a whole.
In addition to English, Razed crypto casino is available in the following languages:
Languages

Unfortunately, there is no dedicated Razed casino mobile app – either for Android or iOS devices. However, the site does run smoothly on mobile browsers, so you can still play on your smartphone or tablet.
At this point in a crypto casino review, I’d normally look at what other players were saying about the platform. However, because Razed is so new, player reviews are thin on the ground, so that would be a little unfair. Of course, there are some Razed casino reviews already published, but these are mostly on affiliate sites, so you should take them with a pinch of salt.
Here are a few examples of existing Razed ratings:
VIP Level | Min. Monthly Deposit Required (USD) | Benefits |
---|---|---|
Trustpilot | 3.4/5 | Most ratings are at the extremes; 54% are 5-star and 36% are 1-star |
CasinoGuru | 8.2/10 | Affiliate marketing site, so reviews may not be objective |
AskGamblers | 6.5 (Rank) | Affiliate marketing site, so reviews may not be objective |
It’s also worth pointing out that Razed should not be confused with Raze Casino or Raze.bet – they are entirely different platforms.

Razed
RazedCasino is a new crypto site with decent games and potential, but early issues like license confusion and a weak welcome bonus suggest caution. Nothing special yet, but worth watching

Verdict
When considering Razed, you have to take into account that it hasn’t been around for very long. On the one hand, this means we should probably cut it some slack for things like a smaller (but still impressive) selection of games, and some niggly navigation and categorization issues. On the other hand, the site hasn’t had time to prove its reliability yet.
However, there are a couple of issues that are already evident. As mentioned, most reviews list Razed as Curacao-licensed – and the terms and conditions also refer to the platform operating from Curacao. But, the site actually displays an Anjouan license. Now, putting aside the question of whether an Anjouan license is worth the pixels it’s written in (read more about that in our guide to licensing), the fact that nobody at Razed has bothered to read through and update the critically important terms and conditions is very concerning.
Additionally, the welcome bonus is a prime example of why crypto casinos get so much bad press. Simply put, the rakeback boost offers hardly any value for most players – even highrollers. It is convoluted and cynical. But, at least someone in the Razed team appreciates this and added some example calculations to highlight how ridiculous it is. That’s not something you see every day!
Still, Razed is far from the only crypto casino to suffer from licensing ambiguities and a farcical welcome bonus, so it’s important to keep things in perspective. This casino does have some good things going for it too. The site is easy to join, supports a good range of cryptos, and offers a decent choice of games. Promotional offers are a little thing on the ground, but again, this is usually the case for new casinos and will probably change over time.
So, overall, Razed is very much middle of the road. It’s a typical crypto casino offering a wide choice of games and an overhyped welcome bonus. There’s nothing particularly special about it right now, but it has potential to grow. But what do you think? Have you already played at Razed? If so, why not write a CoinBets review and share your thoughts with our fantastic crypto casino community?
Thanks for reading, and until next time, good luck!
Category | Score (1-5) | Weight | Weighted Score |
---|---|---|---|
|
2.5 | 15% | 0.375 |
|
2 | 10% | 0.2 |
|
4 | 15% | 0.6 |
|
2.5 | 15% | 0.375 |
|
2.5 | 15% | 0.375 |
|
2.75 | 15% | 0.4125 |
|
3.5 | 15% | 0.525 |
|
2.86 / 5 |
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