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A crypto-friendly sportsbook and casino serving India with UPI support, with limited independent review coverage
Not available lawfully hereIs Rainbet legal in India?
No. Real-money gambling is banned in India. Under the Promotion and Regulation of Online Gaming Act 2025 (PROGA), in force since 1 October 2025, Rainbet cannot lawfully offer you a welcome bonus here, and you cannot lawfully claim one.
PROGA bans all real-money gaming nationwide and criminalises its operation, promotion and financial facilitation. Banks, UPI and card networks are barred from processing money-gaming transactions, and by 28 March 2026 the government had blocked or actioned 8,376 betting and gambling URLs. source
Any Rainbet bonus you see advertised for India is offered from an offshore site operating against local law. Your payments can be blocked, your account can vanish with a mirror domain, and no India regulator can help you recover funds. We therefore show no offer and no sign-up link on this page. See every licensed betting site in India →
Pros
- UPI payment support for Indian players
- Crypto-friendly infrastructure
Cons
- FinTelegram investigation alleges a deliberately opaque shell-company structure and regulatory arbitrage between Curacao and Anjouan
- FinTelegram alleges fake betting-slip campaigns, acceptance of self-excluded gamblers, and marketing in restricted jurisdictions
- Reportedly linked to a retaliatory DDoS attack against a gambling-whistleblower site (September 2025)
- Ownership described inconsistently across independent sources - a real transparency concern
- Trustpilot 2.4/5: withdrawal holds and account bans following KYC; account reportedly flagged for fake reviews
- Only a lighter-touch Anjouan licence held
- 30x wagering requirement is on the higher end
Our verdict
Rainbet's ownership is described inconsistently across independent sources (RBGAMING N.V., Kyllex B.V., or TekHou5 Limited), and it holds only a lighter-touch Anjouan licence. A real, serious, disclosed caution: FinTelegram's investigation alleges Rainbet uses a deliberately opaque shell-company structure for regulatory arbitrage, coordinates fake betting-slip campaigns to fabricate the illusion of large wins, accepts self-excluded gamblers, markets in restricted jurisdictions, and was linked to a retaliatory DDoS attack against a gambling-whistleblower site in September 2025 - documented investigative allegations, not court-established facts, but serious and disclosed in full. Trustpilot separately rates it a low 2.4/5, with recurring withdrawal-hold and account-ban complaints following KYC, and its Trustpilot account has reportedly been flagged for fake reviews. Lithuania correctly shows no bonus given its legal ban on gambling bonuses, and Finland/Norway correctly show no locally-regulated offer given their state gambling monopolies. Real-money gaming is banned in India under the Promotion and Regulation of Online Gaming Act, 2025, in force since 1 October 2025, so there is no lawful welcome offer for an Indian reader to claim.
How we rated it
Sportsbook & casino (25%)6.3
Combined sportsbook and casino with crypto-friendly infrastructure, targeting India with local UPI payment support.
Bonuses & value (15%)6.3
We do not score an Indian welcome offer: Real-money gaming is banned in India under the Promotion and Regulation of Online Gaming Act, 2025, in force since 1 October 2025, so there is no lawful welcome offer for an Indian reader to claim. Any rating here reflects the brand's offers in markets where they are lawful.
Mobile & UX (10%)6
Standard crypto-friendly betting platform with UPI integration for the Indian market.
Payments & payouts (20%)2.5
A real, disclosed caution: Trustpilot documents recurring complaints of withdrawal holds and account bans following KYC checks.
Customer support (10%)2.5
Trustpilot rates Rainbet a low 2.4/5, and its Trustpilot account has reportedly been flagged for fake reviews.
Trust & licensing (20%)1
A real, serious caution: ownership is described inconsistently across independent sources (RBGAMING N.V., Kyllex B.V., TekHou5 Limited), only a lighter-touch Anjouan licence is held, and FinTelegram's investigation alleges a deliberately opaque shell-company structure for regulatory arbitrage, fake betting-slip campaigns to fabricate wins, acceptance of self-excluded gamblers, marketing in restricted jurisdictions, and a retaliatory DDoS attack against a whistleblower site in September 2025. These are documented investigative allegations, not court-established facts, but serious and disclosed in full.
Quick facts
| Licensing | Ownership disclosed inconsistently (RBGAMING N.V./Kyllex B.V./TekHou5 Ltd); Anjouan licence No. 001-2023-AJG only |
| Markets | India (real offer, UPI support); Lithuania correctly no bonus; Finland/Norway correctly no bonus (monopoly) |
| Caution | FinTelegram investigation: alleged shell-company structure, fake betting-slip campaigns, DDoS attack on whistleblower site (Sept 2025) |
| Caution (support) | Trustpilot 2.4/5: withdrawal holds and account bans after KYC; account reportedly flagged for fake reviews |
| Welcome bonus (India) | No lawful offer in India - Real-money gaming is banned in India under the Promotion and Regulation of Online Gaming Act, 2025, in force since 1 October 2025, so there is no lawful welcome offer for an Indian reader to claim. |
How we verified this
Rainbet's ownership is described inconsistently across sources (RBGAMING N.V., Kyllex B.V., TekHou5 Limited) - a disclosed transparency concern. It holds an Anjouan licence (No. 001-2023-AJG), a lighter-touch jurisdiction per independent reviewers. A real, serious caution: FinTelegram's investigation alleges a deliberately opaque shell-company structure, fake betting-slip campaigns to fabricate the illusion of wins, acceptance of self-excluded gamblers, marketing in restricted jurisdictions, and a retaliatory DDoS attack against a whistleblower site (Sept 2025) - documented allegations, not court-established facts, but serious and disclosed in full. Trustpilot rates it a low 2.4/5 with withdrawal-hold and account-ban complaints following KYC, and its Trustpilot account has reportedly been flagged for fake reviews. Welcome bonus varies; confirm current offer on Rainbet's own site.
Where Rainbet is licensed
Rainbet appears on the official register in 4 countries. Highlighted countries have a full local review — pick yours for its welcome bonus and licence details.
Europe (3)
Asia (1)
About Rainbet
Rainbet is a crypto-friendly sportsbook and casino serving India with UPI support. Its ownership is described inconsistently across independent sources, and it holds only a lighter-touch Anjouan licence. A real, serious, disclosed caution: FinTelegram's investigation alleges a deliberately opaque shell-company structure, fake betting-slip campaigns to fabricate wins, acceptance of self-excluded gamblers, and a retaliatory DDoS attack against a whistleblower site - documented allegations, not court-established facts, but serious. Trustpilot rates it a low 2.4/5 with withdrawal-hold and account-ban complaints. Lithuania correctly shows no bonus given its legal ban on all gambling bonuses since 2021, and Finland and Norway correctly show no locally-regulated welcome bonus given their state gambling monopolies. Real-money gaming is banned in India under the Promotion and Regulation of Online Gaming Act, 2025, in force since 1 October 2025, so there is no lawful welcome offer for an Indian reader to claim.
Rainbet FAQ
Is Rainbet safe and legit?
There is a real, serious, disclosed caution: FinTelegram's investigation alleges Rainbet uses a deliberately opaque shell-company structure for regulatory arbitrage, coordinates fake betting-slip campaigns to fabricate wins, accepts self-excluded gamblers, and was linked to a retaliatory DDoS attack against a whistleblower site - documented allegations, not court-established facts. Trustpilot separately rates it a low 2.4/5 with withdrawal-hold and account-ban complaints. Ownership is also described inconsistently across sources. Treat with caution and verify current standing before depositing.
What is the Rainbet welcome bonus in India?
Real-money gaming is banned in India under the Promotion and Regulation of Online Gaming Act, 2025, in force since 1 October 2025, so there is no lawful welcome offer for an Indian reader to claim. Where this brand operates lawfully in other markets, its offers there are covered on those countries' pages.
Is Rainbet available in Lithuania?
Rainbet is accessible in Lithuania but correctly offers no welcome bonus there, consistent with Lithuania's legal ban on all gambling bonuses for licensed operators since July 2021.
Does Rainbet accept UPI payments?
Yes — Rainbet supports UPI as a payment method for Indian players, alongside its crypto-friendly infrastructure.