Same brands, same weights, two different answers. The numbers below are deposit-tested and the scores recompute every build.
| Spec | Razed | Betplay |
|---|---|---|
| WCI score | 53 (Caution) | 61 (Adequate) |
| Tier | B | B |
| Overall rating | 8.5/10 | 8.4/10 |
| Welcome bonus | 100% up to $500 | 200% up to 0.02 BTC |
| Promo code | MAXBET | MAX |
| Cryptos accepted | 12 | 10 |
| Min deposit | ~$1 USDT / 0.00002 BTC | 0.0001 BTC (approx £7) |
| Withdrawal speed | Instant to a few minutes | Lightning Network instant, on-chain within 10 minutes |
| Licence | Anjouan Gaming (ALSI-132405034-FI3) | Curaçao Gaming Authority (OGL/2024/902/0582) |
| Year founded | 2024 | 2020 |
| Game count | 4,000+ | 3,500+ |
| Live streaming | No | Yes |
| Component | Razed | Betplay |
|---|---|---|
| Reserves (30%) | 20 | 20 |
| Payout (25%) | 85 | 85 |
| Age and history (20%) | 55 | 85 |
| Licence (15%) | 55 | 70 |
| Trend (10%) | 65 | 65 |
The 8-point WCI gap is real, just not large. Betplay edges Razed on the formula, mostly through the reserves and payout components rather than the age or licence ones. Both are within the band where a deposit-tester can recommend either, but if you only deposit once and never look at the leaderboard again, the higher number is the safer default.
On the headline number, Betplay caps the welcome at $1,400 against $500 at Razed. The bigger banner does not always survive contact with the rollover. Razed runs a 35 rollover, Betplay runs 35. Multiply the cap by the rollover number if you want the wagering you actually have to put through to keep the money. Most people do that math after the deposit, which is the wrong order.
Where the two brands actually diverge on product: licence (Anjouan Gaming (ALSI-132405034-FI3) versus Curaçao Gaming Authority (OGL/2024/902/0582)), operating history (Betplay is the older book by several years), and live streaming (only Betplay carries it). Those are the axes that should decide the pick if the WCI gap is small. None of them shows up in the welcome banner, which is the operator preference, not the player one.
Take Betplay as the default. WCI 61 against 53 is inside the margin where either operator is defensible, but the higher score is the higher score. Take Razed if you specifically want New-gen crypto casino with 4,000+ games and provably fair originals. and you have read the trade-off in Razed's review. Both pay out. Both were deposit-tested by us this quarter.
