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Bookmaker review

Razed

Last updated: Written by Ellie Marsden, Senior Betting Editor Fact checked by Tom Brackley, Odds Analyst

Commercial content

At a glance

Razed in Rest of World

An Anjouan-registered casino and sportsbook with published crypto minimums, but harsh terms, limited transparency and unexplained RTP figures should give readers pause.

Best for: Readers who want published minimums for a range of crypto deposits.

Not ideal for: Readers who need published withdrawal timing and numeric withdrawal limits.

Market availability: Availability depends on local law and the operator terms.

Where Razed sits for Rest of World bettors

Razed is a live, growing crypto-first casino and sportsbook that publishes a genuine licence number and then contradicts itself about who holds it. That contradiction, not the game count, is the headline finding.

The single biggest strength is the crypto cashier: thirteen coins with published per-coin deposit minimums and no stated maximum withdrawal, plus a documented sportsbook with Bet Builder, Asian handicaps and cash out.

The single biggest risk is that the operator's own paperwork does not agree on which country's law governs your money, and the enforcement machinery it does publish is heavily weighted towards seizing balances rather than protecting them.

On licensing the position is this. The Terms and Conditions name Wild Technology Ltd., registration 3-102-898807, in Costa Rica, and cite Anjouan licence ALSI-132405034-FI3. That number does verify on the Anjouan Gaming licence register as valid, b2c, issued 28 May 2024 and expiring 27 May 2027 against razed.com, but under the name Wild Technology Limitada.

The AML policy then says the company is incorporated in Curacao, is written against Curacao law, reports to the Curacao FIU and answers to an unnamed Master License Holder. Three stories, one operator, no reconciliation anywhere on the site.

On independent reputation the honest answer is that the live figure could not be confirmed. Trustpilot blocks automated retrieval, so the best available reading is a TrustScore of 4.2 from 380 reviews taken from a mirror snapshot dated 16 August 2026 on the Trustpilot razed.com profile, up from 3.3 from 93 reviews a year earlier.

Treat 4.2 as a snapshot, not as today's number. Set against that rise are two documented 2026 security events, including 183 VIP email addresses exposed to each other on 27 July 2026 as FairGambling reported, and a recurring complaint pattern of confiscation after a multi-accounting or bonus abuse accusation.

Score drivers, in order: a verifiable but weak licence, a crypto cashier with real published limits, a total absence of any fee schedule, no independent dispute route, no deposit limit and no self-serve self-exclusion.

Walk away if you need a regulator that will take your complaint, if you bet from a restricted country, or if you want a fee you can read before you transact. Razed suits a crypto bettor who is comfortable with an offshore book, verifies early and keeps balances small.

Read the full review for the evidence behind every score

Current promotion

Published terms recorded for the row market.

Code: NEWBONUS

Terms: 100% deposit bonus plus five days of rewards, up to $300 in the terms. 40x bonus-balance wagering within 7 days, $50 maximum bet, $20 during free spins, $3,000 maximum withdrawal, originals and live casino 20%, sports excluded. Homepage says up to $500. Owner supplied code NEWBONUS is not operator published.

Expiry: No expiry supplied

Read the qualifying conditions in full before you opt in. Full promotion terms

Key facts

The record we hold on the operator behind the brand. The licence line is the one to check first, because it determines which regulator handles a dispute.

Fact Record
Legal name Wild Technology Ltd.
Owner The operator does not publish this value.
Launched Late 2023 terms effective date; licence issued 2024-05-28.
Licence ALSI-132405034-FI3
Minimum deposit Not supplied
Stated withdrawal window The operator does not publish this value.
Support The operator does not publish this value.

Score summary

Weights and scores in brief. The evidence line behind each number sits in the full review, and the rubric itself is published separately. Read how we rate

Dimension Weight Score
Odds and margins 22% 5.0/10
Payments and withdrawal speed 20% 3.0/10
Market and sport coverage 16% 6.0/10
Product and app usability 14% 5.0/10
Licensing and player protection 14% 2.0/10
Support and complaint handling 8% 3.0/10
Offer value and fairness of terms 6% 2.0/10

See the evidence for each score

Payments in brief

Fee and speed for the routes we hold data on. Minimums, maximums, and the verification step each method triggers are in the payment methods guide.

Method Fee Speed
Bitcoin The operator does not publish this value. The operator does not publish this value.
Litecoin The operator does not publish this value. The operator does not publish this value.
Ethereum The operator does not publish this value. The operator does not publish this value.
XRP The operator does not publish this value. The operator does not publish this value.
USDC The operator does not publish this value. The operator does not publish this value.
USDT The operator does not publish this value. The operator does not publish this value.

Full payment matrix

Licence and player protection

Licence record

Legal operator: Wild Technology Ltd.

Licence: ALSI-132405034-FI3

Market regulator: register.

Safer gambling tools

  • Loss limit
  • Wager limit
  • Take a Break
  • Self-exclusion
  • Deposit limit
  • Reality check

Local safer gambling support

All Razed coverage

Every page we hold on this operator, grouped by the decision it supports.

Start here

  • Full review Every scored dimension with the evidence behind it, the payment matrix, the withdrawal walkthrough and the final verdict.

Money and account

  • Payment methods Deposit and withdrawal routes side by side, with minimums, fees, processing speed and the KYC step each one triggers.
  • Withdrawal times The payout window stated for each method, what we could verify, and the conditions that commonly extend it.

Product and betting

  • Mobile app Availability by platform, how the install route works, and which desktop features survive the move to mobile.

Trust and decisions

  • Legitimacy checks The licence record, the legal entity behind the brand, and the player-protection provisions we could confirm.
  • Alternatives A head-to-head against the other rated operators on the dimensions that decide between them.

Offers

  • Promotion code and terms What the published code applies to, the qualifying conditions attached to it, and the expiry we last recorded.

Who Razed suits, and who should look elsewhere

Razed suits one reader well: an experienced crypto bettor who wants esports and Asian handicaps in the same account as 4,000-plus casino games, who deposits in a single coin, verifies documents early, withdraws often and never leaves a meaningful balance on site.

For that player the cashier does the job, thirteen coins have published minimums, no crypto maximum is stated, and player reports on payout speed skew positive.

It does not suit several others. If you need a regulator who will read your complaint, walk away now: the only route past internal escalation is arbitration seated in Anjouan, with no ombudsman and no adjudicator anywhere in the Terms.

If you are in the United Kingdom, Germany, Australia, the Netherlands, France, the United States or any other name on the restricted list in clause 3.5 of the Terms, do not deposit; the operator's own wording only promises you "may experience limitations" and warns it "may not always be able to process withdrawals or refunds", and there are reported cases of players losing money before closure.

If you want to know what a transaction costs, no fee schedule exists to tell you. If you need a deposit limit or instant self-serve self-exclusion, they are not here.

Bonus hunters should also think twice.

Forty times wagering in seven days, a five-day balance expiry, 20% weighting on the higher-return games, a 3,000 USD conversion cap and an outright ban on using bonus funds on sports add up to a demanding offer, and the operator cannot agree with itself whether the headline is 300, 500 or 3,000 USD.

The NEWBONUS code appears nowhere on the operator's own pages, so do not plan a deposit around it.

The alternative to consider is any operator holding a licence in the market you actually live in, because that is what buys you a complaints body. Failing that, if you are set on offshore crypto betting, prefer a brand whose corporate documents name one jurisdiction consistently and whose payout times are published. Razed currently offers neither.

If Razed is not the fit

The closest rated operators and the single difference that decides between them.

Alternative Score Best for Decisive difference
Shuffle 5.7/10 Readers who value stated live streaming and a broad listed sports set. Curaçao register record and published withdrawal claim, but 35x deposit-plus-bonus rollover is restrictive.
Stake.com 5.6/10 Readers who value a broad stated sports list and casino product range. Higher Trustpilot score in the reviewed set, but its licence status is assessment in progress.
1xBet 5.0/10 Readers seeking broad stated sports and specialist market coverage. Broader stated sports coverage, but low Trustpilot sentiment and several payment details were not retrievable.
Rainbet 3.7/10 Readers who value a stated $15 withdrawal minimum and 5 to 15 minute processing claim. Published 5 to 15 minute withdrawal claim, but Trustpilot sentiment and ownership contradiction are notable constraints.

Compare every rated operator

FAQ

Frequently asked questions

Six weighted dimensions covering odds and margins, payments and withdrawal speed, licensing and player protection, market coverage, product usability and support handling. The weights are published on the rating method page.

The licence record we hold is shown in the key facts table. Confirm it against the regulator register before you register, because licence status can change.

The stated window by method is in the payments guide. Timings are operator-published rather than test results unless the page says otherwise.

Identity and address documents are standard. The verification guide lists what was requested and the timing recorded between submission and approval.

Use the operator complaint path first, then escalate to the market regulator listed in the licence section if it is not resolved.

Facts are re-checked on a rolling cycle and each value carries the date it was last confirmed. The last full check was 22 August 2026.