Best Payment Methods for Betting in India: Deposit and Withdrawal Options

There are many casinos and betting shops in India and users have a good choice of payment methods. Some of the best options for payment in India are MasterCard, Visa, Paytm, Net banking, UPI, IMPS, Neteller, Astropay, and others.

Introduction

For those who are interested in online betting in India, it is important to know about the payment options. Betting sites in India offer different payment options to players, but it is important to register and then create a deposit to create bets. It is easy now to learn about the minimum deposit betting sites in India and also the withdrawal methods in INR for betting on football, cricket, basketball, and others, and also the disadvantages and advantages.

Betting Sites With the Best Payment Methods

Many betting sites in India provide the option to use popular payment methods on their sites, which is very convenient for the players. The betting sites listed below are licensed and fully legal in India and have the best payment methods.

№ 1
Parimatch
9.9/10
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Bonus 150% Up to ₹30,000
  • Live broadcasting
  • Amazing design
  • Live chat support agents are inefficient
Read review
№ 2
22Bet
8.1/10
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Deposit Bonus 100% Up To ₹10,000
  • Giant international sportsbook
  • Fast transactions
  • The betting platform needs a redesign.
Read review
№ 3
Megapari
9.2/10
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Bonus up to ₹136,100 + 150 FS
  • High Odds on the Indian events
  • Availability on all mobile platforms
  • A bit complicated design of the app
Read review
№ 4
Melbet
9.5/10
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Bonus 100% Up to ₹20,000
  • Phenomenal First Deposit Bonus
  • Easy to use Interface
  • Limited selection of online casino games
Read review
№ 5
Indibet
8.6/10
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200% BONUS ON FIRST DEPOSIT
  • High odds
  • Decent design
  • Slow support service
Read review
№ 6
Khelraja
8.4/10
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300% Bonus Up to ₹50,000
  • Many available bonuses and promotions
  • Official Curacao License
  • High wagering requirements for bonuses
Read review
№ 7
1win
9.8/10
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Bonus 500% Up to ₹75,000
  • Huge welcome bonus
  • 24/7 customer support
  • No live broadcasts
Read review
№ 8
Dafabet
8.7/10
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160% Up to INR 16,000
  • Indian customer support
  • User friendly interface
  • Some difficulties with registration
Read review
№ 9
Bilbet
7.3/10
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108 Free Spins + INR 500
  • Only for Indian players
Read review
№ 10
Rajbet
8.4/10
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100% up to ₹100,000
  • Secure platform
  • Huge welcome bonus
  • Absence of the iOS app
Read review
№ 11
BetAndYou
8.1/10
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Bonus 100% up to 10,000 INR
  • High odds
  • Generous Bonus
  • All existing issues aren’t important
Read review
№ 12
Fun88
9.2/10
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Bonus 250% Up to ₹12,500
  • Regular bonuses
  • Web version UI is worse then mobile app one
Read review
№ 13
888starz
8.6/10
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WELCOME BONUS 8,000 INR
  • Great functionality
  • Broad cricket line
  • Lack of some local sports
Read review
№ 14
Rajabets
8.5/10
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150% up to ₹100,000
  • Fast and Simple Registration
  • Many odds on esports
Read review
№ 15
1Xbet
8.5/10
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100% up to 20,000 INR
  • Easy to use Interface
  • Top-class Customer Support
  • Aggressive online marketing
Read review

Review of the Best Payment Options for Bets

The payment methods in Indian bookmakers are many and are allowed to be chosen by the users. However, all of them have their pros and cons and it is easy to know about them now.

Visa/MasterCard

VISA and Mastercard are the most popular names among bookmakers. Majority credit/debit cards are based on these payment networks and creating deposits with them is quick and easy.

  • ✔️ Trusted by users around the world
  • ✔️ Modern security is provided
  • ✔️ High accountability
  • ✖️ Not a lot of anonymity
  • Visa and Mastercard logotype Read Visa/MasterCard Betting Guide

Skrill

Skrill was founded in 2001 and is a popular e-wallet that is accepted at betting sites in India. The Skrill payment method supports 41 currencies, including Indian rupees.

  • ✔️ Free registration
  • ✔️ High security
  • ✔️ Multi-currency acceptance
  • ✖️ It may take some time to check
  • ✖️ The customer service response has to wait
  • ✖️ Skrill payments are not eligible for certain bonuses

Neteller

Neteller is a favorite among players. It has the feature of 256-bit encryption protocols and device fingerprinting for more secure transactions. This method of paying for bets on mobile devices is often used. There are bonuses available, such as VIP programs where there are high payment limits.

  • ✔️ VIP program, which has additional features
  • ✔️ Watertight security
  • ✔️ High processing speed
  • ✖️ For some bonuses are not accepted
  • ✖️ Charges a high commission for the deposit

PayTM

PayTM works as a virtual wallet that allows you to transfer funds to it through various channels, including Internet banking, credit and debit cards. With the help of PayTM wallet one can easily make purchases of various goods without resorting to cash. This facility extends to betting at bookmakers from India as well.

  • ✔️ Easy registration and instant verification
  • ✔️ Accepts INR
  • ✔️ Allows UPI
  • ✖️ Credit card replenishment is subject to a fee
  • ✖️ Cannot be used on sites that do not accept INR

PhonePe

PhonePe has been another betting payment method for India since its launch in 2015. It is available in 10 languages and in various ways can be recharged like credit/debit cards, UPI, and online banking.

  • ✔️ One-click payments
  • ✔️ It is easy to load this wallet
  • ✔️ No deposit fee
  • ✖️ Lengthy verification process
  • ✖️ Not widespread, unlike other wallets

Google Pay

Google Pay e-wallet is the most secure way to create deposits from Google. To start betting, you need a debit card linked to your GPay account.

  • ✔️ Quick installation
  • ✔️ State-of-the-art security backed by Google
  • ✔️ No additional fees for the transaction
  • ✖️ Not widely available as a withdrawal method
  • ✖️ Poor customer support

PayPal

PayPal offers its services in over 200 countries and offers its services in India as well. Easy transactions, local currency, and fast deposits make it a good option for the Indian player.

  • ✔️ Transfers are fast
  • ✔️ Excellent security and privacy, there is state-of-the-art SSL encryption technology
  • ✔️ Accepts deposits in INR
  • ✖️ Unable to replenish account through money transfer from one account to another

PaySafeCard

Paysafecard is a way to pay for betting in India, where vouchers are available and can be used in betting shops. These vouchers can be purchased at local outlets and are anonymous.

  • ✔️ Simple deposit process
  • ✔️ Multi-currency support
  • ✔️ Excellent fraud detection features
  • ✖️ No withdrawals allowed
  • ✖️ Voucher funds are non-refundable if unused

AstroPay

AstroPay is a virtual prepaid card that is commonly used to fund betting accounts in India at betting shops and has an extra level of anonymity. The AstroPay card is one of the fastest and most affordable ways to pay for betting without having to disclose personal banking information.

  • ✔️ The high degree of anonymity
  • ✔️ Payments in INR are accepted
  • ✔️ Suitable for quick deposits
  • ✖️ As a withdrawal method, it is not often available

NetBanking

In NetBanking (or Bank Transfer) transactions are carried out by players via Internet banking services. The method is as safe as possible because banks directly control these payments.

  • ✔️ High confidence factor
  • ✔️ Excellent security
  • ✔️ No need to link bank accounts to other payment methods
  • ✖️ High transaction time
  • ✖️ Unavailable 24/7

UPI

Unified Payment Interface (UPI) - does not require the player to disclose bank or personal details to the betting company. UPI-based transactions can be processed through several applications, such as PhonePe, Paytm, or your bank's UPI application.

  • ✔️ Highly secure deposit method
  • ✔️ Authorized for use in a variety of applications
  • ✔️ Instant payments per transaction without commissions
  • ✖️ Many Indians hesitate to use bank details due to the attached UPI identifier.

EcoPayz

Payz (formerly known as ecoPayz) is a payment solution available as a way to pay for betting in India on betting sites and their apps. The player will be required to fill out a short form and an account will be opened.

  • ✔️ Accepts INR
  • ✔️ Ongoing customer support is available
  • ✔️ Instant transfers
  • ✖️ High commissions for international transfers
  • ✖️ Users are notified of restrictions when making transactions

IMPS

Immediate Payment Service or IMPS is a method for electronic funds transfer that is used by banks and it is possible to transfer funds instantly between 2 bank accounts. IMPS is fast and convenient which is good to use.

  • ✔️ Instant payments
  • ✔️ Suitable for large transactions
  • ✔️ Minimum downtime
  • ✖️ Bank details must be disclosed
  • ✖️ A fee is charged for the transaction

Cryptocurrencies (Bitcoin, Ethereum, etc.)

Cryptocurrencies are the newest addition to online betting payment methods. Ethereum, Bitcoin, Dogecoin, Bitcoin, and others are allowed to be used on cryptocurrency betting sites in India where more than 20 different cryptocurrencies are available. These are digital currencies where advanced blockchain technology, a secure and transparent payment method, is used to create anonymity. Instant transaction speed.

  • ✔️ High anonymity
  • ✔️ Instant calculation
  • ✔️ There is no need to involve banks
  • ✖️ There is no oversight by regulatory authorities
  • ✖️ High transaction costs

What Other Payment Options Might Be Useful for Betting?

Apart from the major and popular payment options in India there are other payment options as well. Although they are lesser known, these methods may be more effective deposit and withdrawal options for your situation:

  • Neosurf;
  • Payz;
  • Muchbetter;
  • Apple Pay;
  • Trustly;
  • Ecopay;
  • Rupay;

How To Choose a Betting Payment Method

Users in India are advised to choose a bookmaker that has various betting payment methods. Before choosing one, it is important to look at security and privacy, payment limits, INR eligibility, transaction time, opening hours, and processing fees.

Security and Privacy

With fraud on the rise, it is important to have a payment method in India on a secure online platform that uses SSL as well as highly encrypted protocols. It is still important to be licensed by a special regulatory body. We also recommend visiting the company's official page and looking carefully at the website address, as even 1 different letter (compared to the official page) can easily fall victim to fraudsters.

Acceptability of Local Currency 

It is better to have a betting payment method in India that accepts INR for deposits as well as withdrawals from the betting shop. This way, you won't have to pay currency conversion fees.

Payment Limits

It is advisable to pay attention to the payout limits in India at bookmakers, they should be both high for withdrawals and low for deposits. For example, Neteller gives high payment limits thanks to its VIP program, and it also has dedicated account managers. 

Transaction Time

It is recommended to check the transaction time for the betting payment method that the user is going to use. This will avoid disappointment when making payments, when the waiting time can be up to several days.

Processing Fee 

When funding your account, some betting payment methods charge processing fees. Confirm these fees in advance, where they are often mentioned in the FAQ section of the betting shop's website, or explained in the chat room.  

Operating Hours

It is definitely worth studying the opening hours of the selected methods of replenishment, as well as withdrawals, especially bank transfers and online banking. Some banks do not provide these services 24 hours a day or at weekends, so you may experience a lack of feedback on a question or problem for a long time.

How To Deposit Money to Betting Sites

After reviewing the popular payment methods, it remains to fund your account to start betting in India. It is not difficult and quick to do this, and it is recommended to deposit your account in this way:

1

Choose a bookmaker

Choose from the list above or another bookmaker, then it is required to go to the official page, or through the application to do it.

List of Best Bookmakers for Sports Betting in India.
2

Log into your account

Using your username and password log in to your account. And if you don't have one, then create one by going through registration.

To get started, log into your account on the bookmaker's website.
3

Find the deposit button

After authorization in your personal cabinet, you need to find and click on the "Deposit to account" button on the site. Usually it is located in the header of the site.

To top up your account with the bookmaker, click the DEPOSIT button.
4

Choose the deposit method

In the form that opens, select a convenient way to replenish your account and click on it.

To make a deposit, choose the payment method that is most convenient for you.
5

Confirm the transfer

In the payment system specify the deposit amount, and details, then confirm the transaction.

After choosing a method, indicate the deposit amount and confirm the transfer.

Top Rated Bookmakers: Minimum & Maximum Deposit

To help start creating bets and know about the minimum and maximum deposits in India's best bookmaker offices, then created a table:

BookmakerMinimum DepositProcessing Time
Parimatch500 INRfrom 1 to 15 minutes
Dafabet400 INRfrom 1 to 15 minutes
1Win300 INRfrom 1 to 15 minutes
1xBet75 INRfrom 1 to 15 minutes
10Cric500 INRfrom 1 to 15 minutes
Melbet55 INRfrom 1 to 15 minutes
Betway250 INRfrom 1 to 15 minutes
Purewin200 INRfrom 1 to 15 minutes
4raBet100 INRfrom 1 to 15 minutes
Indibet100 INRfrom 1 to 15 minutes

How To Withdraw Money From Betting Website

After several created bets and receiving winnings, Indian players need to know how to withdraw their INR. This will require steps like these:

1

Open a bookmaker site

Open the official page of your bookmaker in India or the mobile app of the bookmaker.

2

Login to your account

Using your username and password log in to your account.

3

Confirm your profile

Confirm your account for a successful withdrawal, where you need the bookmaker's support service to send a photo of documents that confirm the identity of the user.

4

Choose the method of withdrawal

In the "Withdrawal of funds" tab of your profile, select any payment method.

5

Confirm the transaction

Specify the amount to withdraw in INR, then the details, and then confirm the transfer.

Top Rated Bookmakers: Minimum Withdrawal & Processing Time

Want players in India to have fast withdrawals INR from every bookmaker, so in the table are the best betting sites with fast withdrawals in India:

BookmakerMaximum WithdrawalProcessing Time
Parimatch1,00,000 INRInstant (most cases)
DafabetNo deposit limit15 minutes (most cases)
1WinNo deposit limitInstant (most cases)
1xBetNo deposit limitInstant (most cases)
10Cric18,00,000 INRWithin 24 hours
MelbetNo deposit limit15 minutes (most cases)
BetwayNo deposit limitWithin 24 hours
Purewin14,00,000 INRWithin 24 hours
4raBetNo deposit limit15 minutes (most cases)
IndibetNo deposit limitWithin 24 hours

Bookmaker Sites With Low Deposit

Many players in India are on the lookout for the sites with the lowest deposits. Here they are easy to see from the list below:  

BookmakerMinimum Deposit
Rajbet50 INR
MelBet55 INR
1xBet75 INR
888starz85 INR
Indibet100 INR
4Rabet100 INR
1Win300 INR
Purewin200 INR
Betway250 INR
Mostbet300 INR

Bookmaker Sites With Fast Withdrawals

Indian players want to get their INR as soon as possible after winning in betting. Therefore, here is the list of betting sites that allow quick withdrawal of their INR: 

BookmakerProcessing TimeLink to Join
1WinInstant (most cases)
1xBetInstant (most cases)
ParimatchInstant (most cases)
Bet365Instant (most cases)
CasumoInstant (most cases)

Payments With Mobile App

Mobile betting has become popular in India in recent years. They are allowed to be created anywhere and anytime. If players in India create bets using a mobile device, it will not affect user payments. Almost all betting payment methods in India are suitable for mobile betting. Using e-wallets for players will be more convenient when betting on mobile devices as there is integration with the server side.

FAQs

✔️ What payment methods do Indian betting sites support?

In India, some of the best options for payment are MasterCard, Paytm, Visa, Net banking, UPI, Neteller, IMPS, Astropay, and others.

✔️ Which betting payment methods are the most secure?

The safest payment methods in India are cryptocurrencies, but other methods like UPI are more regulated.

✔️ Is it safe to deposit money on a betting site in India?

Yes, it is safe, because in India payment systems take privacy and security seriously, so they have SSL encryption for data processing and storage, as well as licenses.

✔️ What is the best deposit method for Indian players?

In India, the betting sites with the best payment methods are Paytm and Net banking, MasterCard and Visa, UPI and IMPS, Astropay, and Neteller.

✔️ How to deposit funds on betting sites in India?

To deposit to your account in India on a bookmaker’s website, you need to select a bookmaker, log in to your account (if you don’t have an account – register), click on the “Deposit” button, select the deposit method, then specify the deposit amount, your details and then confirm the transaction.

✔️ Is it possible to get a welcome bonus when making a deposit?

Yes. The above-mentioned betting sites In India will provide players with a welcome bonus when they create an account and make a deposit.

✔️ What is the best withdrawal method in India?

In India, the best withdrawal method to use is Betway, 22Bet, Betwinner, and 888Sport – they have no maximum deposit size, while Casumo, Paripesa, 1xBet, Parimatch, and Bet365 have fast withdrawals in INR.

✔️ How to withdraw money from a betting site?

To withdraw your funds INR from the site of Bookmaker India is important to choose a bookmaker, register and log in to your account, confirm your profile, then choose the method of withdrawal and will remain to specify the amount, and details, and then confirm the transfer.

✔️ How long does it take to withdraw money from betting sites?

Withdrawal time from a betting account in India depends on the bookmaker and the chosen payment method and usually takes from 15 minutes to several days, sometimes up to 5 working days.

✔️ Which betting payment methods are the fastest?

The fastest ways to pay for betting in India are e-wallets and cryptocurrencies. They support instant deposit and withdrawal of INR, and in terms of time, 24 to 48 hours.

✔️ Do online betting sites charge fees for deposits and withdrawals?

Online betting sites in India do not charge any commission for deposits and withdrawals. If any commission is charged, it is the provider’s commission or, or for currency exchange. It is advisable to check the operator’s website to get more details.

Raja Danish is a sports journalist and chief author of Betraja Raja Danish

Summary

Updated:

Bookmaker sites in India with different payment methods are many. Some of them offer VIP programs, fast processing speed, security, anonymity, no additional transaction fees, fast payments, and more. Study carefully different betting sites and different payment methods in India, which will allow you to choose among them.

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