Same brands, same weights, two different answers. The numbers below are deposit-tested and the scores recompute every build.
| Spec | Razed | Cloudbet |
|---|---|---|
| WCI score | 53 (Caution) | 77 (Strong) |
| Tier | B | A |
| Overall rating | 8.5/10 | 8.6/10 |
| Welcome bonus | 100% up to $500 | $2,500 cash + rakeback |
| Promo code | MAXBET | NEWBONUS |
| Cryptos accepted | 12 | 20 |
| Min deposit | ~$1 USDT / 0.00002 BTC | 1 USDT or 0.0001 BTC |
| Withdrawal speed | Instant to a few minutes | under 5 min |
| Licence | Anjouan Gaming (ALSI-132405034-FI3) | Curaçao Gaming Authority, License OGL/2024/328/0599 |
| Year founded | 2024 | 2013 |
| Game count | 4,000+ | 1,000+ |
| Live streaming | No | No |
| Component | Razed | Cloudbet |
|---|---|---|
| Reserves (30%) | 20 | 50 |
| Payout (25%) | 85 | 100 |
| Age and history (20%) | 55 | 100 |
| Licence (15%) | 55 | 70 |
| Trend (10%) | 65 | 65 |
The 24-point WCI gap is not noise. At the cashier that translates into the kind of difference you notice on the second or third withdrawal, not the first. Cloudbet clears the formula on reserves and payout history without leaning on the licence or age components to carry the score. Razed carries the lower number because at least one of those components is doing less work, and the page on /withdrawal-confidence/ tells you which one.
On the headline number, Cloudbet caps the welcome at $2,500 against $500 at Razed. The bigger banner does not always survive contact with the rollover. Razed runs a 35 rollover, Cloudbet runs 0. 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.
Coin breadth: Cloudbet accepts 20 cryptos against 12 at Razed. If you hold something past the top five, the breadth matters at deposit time and at withdrawal time. If you only ever move USDT or BTC, the breadth is a feature you do not use, and the count is irrelevant.
Where the two brands actually diverge on product: licence (Anjouan Gaming (ALSI-132405034-FI3) versus Curaçao Gaming Authority, License OGL/2024/328/0599) and operating history (Cloudbet is the older book by several years). 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 Cloudbet. WCI 77 against 53 is not a close score. On withdrawal speed, on rollover terms, on coin breadth, the gap is large enough that the smaller-volume player and the heavier-volume player both end up at the same answer. Razed is the right pick only if it offers a specific bonus structure or product range you cannot get elsewhere, and on the brands we test, that case is rare.
