Betting Payment Methods In India

India is one of the world’s largest and fastest-growing online betting markets. This huge market has attracted many sports and casino betting sites, leading to more accessible and convenient deposit methods for users on top online platforms.

betting payment methods

In this review, we’ll provide all the information you need to deposit or withdraw money using the betting payment methods. Read the overview carefully to ensure you do it correctly and place bets to win higher profits.

Popular Betting Payment Methods

In Online betting, payment methods are mainly categorised into four types: Bank transfer, Bank cards, Digital wallets, and Cryptocurrency. Within these categories are various options, each with its advantages.

Here are the most common payment methods used for betting transactions:

  • UPI (Unified Payments Interface)
  • IMPS (Immediate Payment Service)
  • NetBanking
  • Visa/ Mastercard
  • Bank transfer
  • Skrill
  • Neteller
  • Paytm
  • Bitcoin
  • Google Pay
  • AstroPay
  • PhonePe
  • Ethereum and many more

Bank Cards

Credit and debit cards are some of the most popular payment methods in India and worldwide. Visa and Mastercard are known for their strong security, ensuring users’ payments are well-protected and widely used on online betting sites.

Additionally, transactions with these cards on betting sites usually take only a few minutes, making them a top choice for bettors. Users must enter the card details, CVV, and full name on the card to process the bank card deposits and withdrawals.

22bet Bank cards

22bet is well-known for its payments section, which deals with credit and debit card deposits and withdrawals. Mastercard and Visa are pretty popular and commonly used for betting transactions among these bank cards.

The 22Bet app, which is accessible on iOS and Android devices, also allows users to make credit and debit card withdrawals and deposits.

By completing the 22bet signup and initial deposit, you can claim the bookmaker’s 100% welcome bonus of up to 11,000 INR, with a 5x wagering requirement and a minimum deposit of 100 INR via bank cards.

In addition to this, PhonePe, Paytm, IMPS, UPI, RuPay, and other payment methods are also available in the 22bet payment method. Join this bookmaker today and access the site to make your first deposit.

Betwinner Bank cards

Betwinner is a legal and secure option for making betting transactions in India. As one of the country’s largest and most renowned bookmakers, it offers legal betting services with a Curacao license, guaranteeing an honest and safe betting experience.

Whether you’re into sports betting, casino games, or taking advantage of promotions through betting transactions, deposits are essential. With Betwinner registration, you can access the payment section on the homepage to make transactions.

Users can also easily make card deposits and withdrawals using the Betwinner app, which is available on iOS and Android devices. Popular cards like Visa Mastercard are accepted for betting transactions.

Bank Transfers

Local banks are a prevalent method of payment in betting systems. It is considered one of the safest and most secure options for users. It is well-established in India and offers a wide range of benefits.

If you are already a bank customer, there is no need to open a particular card, where you can use these existing bank credentials like Full name, account number, IFSC code, etc, to fund your account. It is known for its high security and trustworthy payments.

10cric Bank transfer

10cric India is a secure choice for betting deposits and withdrawals, offering various options to suit all types of bettors, including bank transfers. Bank payments are a traditional and commonly used payment on betting platforms.

Access the account with 10cric registration and explore this payment opt-in under the “Deposits” section on the homepage. Additionally, with your initial deposit, you can take advantage of the welcome bonus of up to 15,000 INR.

Additionally, this bookmaker accepts all bank types, starting with a minimum deposit of 200 INR. With the 10cric app, bettors can easily make bank deposits and withdrawals anywhere.

Cricbaba Bank transfer

Bank transfers are among the most popular payment methods for online betting due to their security and convenience, and Cricbaba offers bank transfers for betting deposits and withdrawals.

You can deposit a minimum of ₹200 and a maximum of ₹2,000,00 with bank transfers. Complete the Cricbaba registration and make the deposits to claim a welcome bonus of 25,000 INR and 666 INR free bet.

Deposits via bank transfers are also made via the Cricbaba app, currently available on Android. Within the app, navigate to the payment methods section and select the bank transfers option to make the transactions.

UPI Betting Sites

UPI is one of the most crucial payment systems on this list. It is commonly featured on online sports betting sites in India. UPI provides a convenient solution for online payments, allowing instant interbank transactions through mobile devices.

The main benefit of UPI is that you don’t need to provide any personal information when depositing on a betting site. Download the UPI app, create a UPI ID, link your bank account, and make the betting transactions. It’s that simple to fund your account!

Rajabets UPI

Rajabets is quickly becoming a top choice among real-money platforms in India, providing a secure environment for betting transactions. New users are welcomed with a sports bonus of up to 1,00,000 INR upon their first deposit with Rajabets UPI into their betting account.

Being one of the UPI betting sites, you can securely make deposits with this payment method, with a minimum deposit starting from 85 INR. With a wide range of Payment options available, completing the Rajabets registration can open the door to diverse betting preferences. The platform offers a user-friendly interface, making it easy for users to navigate all the sections.

Using the Rajabets app, users can conveniently make transactions using various payment methods, including VISA, MasterCard, Neteller, Skrill, and more. All transactions are entirely safe for both deposits and withdrawals.

Dafabet UPI

Dafabet UPI is renowned for its reliable and exceptional transactions. If you are a new bettor, you can take advantage of a 100% welcome bonus of up to 16,000 INR on your first deposit with UPI.

After completing the Dafabet registration, bettors can access the payment methods section on the homepage to make the UPI deposits, ensuring a safe process.

You can also make betting deposits starting from 200 INR within the Dafabet app, which is free to download for iOS and Android devices.

Seize this great opportunity by logging into Dafabet India and making instant UPI payments to bet on your favourite sports and casino games.

Paytm Betting Sites

Paytm is a UPI-integrated payment system and a commonly used sports betting payment method. It is one of the country’s most popular platforms for making betting deposits and withdrawals within minutes.

One key factor with Paytm is that users can store funds in their accounts, making it another excellent option for India-based sports bettors.

On the Paytm betting sites, you just need to add the paytm number or scan the QR code while making the betting transactions.

Satbet Paytm

Satbet India is renowned for its betting exchange feature and conveniently supports Paytm for betting deposits and withdrawals.

Among the popular payment options on this betting site, Satbet Paytm is available for deposits and exchange betting bets.

To access this deposit method, simply complete the Satbet sign-up and click on the Payment Methods section on the homepage. The minimum Paytm deposit is 200 INR, and these payments are instant.

The Satbet app is currently available for Android devices and can be downloaded from the bookmaker’s official website.

Parimatch Paytm

Parimatch Paytm is a popular choice among real-money sites. It is incredibly convenient for making betting transactions and caters to both new and existing players.

Completing the Parimatch sign-up allows you to make Paytm deposits and claim a welcome bonus of up to 20,000 INR.

The Parimatch app, available for free download, provides secure betting deposit and withdrawal options. Within the app, you can easily navigate to the payment methods section and make the payments.

This is also one of the betting payment apps known for its encrypted technology, which safeguards user data while making payments.

The Parimatch Paytm minimum deposit limit is 300 INR. On this platform, you can place bets on your favourite events and win significant profits.

Google Pay Betting Sites

Google Pay is also available for bettors to make deposits and withdrawals. It functions as a digital wallet and online payment processor, offering a quick, secure, and convenient way to fund betting accounts via your devices.

Users can trust that this payment will secure the funds and personal information. To pay the funds, you can either input the Google Pay number or the relevant ID to proceed with the transaction.

1xbet Google Pay

1xbet Google Pay is an excellent mode for betting transactions, and this site offers a wide range of betting events, deposit-related bonuses, and promotions.

To get started with Google Pay payments on this platform, complete the 1xbet registration, which will grant you access to the platform. The user-friendly interface makes navigating all the sections effortless.

The 1xbet app, available for both iOS and Android, lets you enjoy live betting on the go. You can simply make Gpay payments while enjoying the game.

Fun88 Google pay

Fun88 is a well-known betting site offering a seamless Google Pay deposit experience. It boasts various features to enhance your betting journey, including VIP club perks like weekly cashback deposit bonuses on deposits.

After completing the Fun88 registration, you’ll gain access to the platform. Simply fund your account via Google Pay and start placing bets.

Additionally, new users can claim a 5000 INR welcome bonus for sports when making their initial deposits with Fun88 Google Pay.

If you prefer mobile betting, check out the Fun88 app, available in both iOS and Android versions. The app allows you to conveniently make betting transactions from anywhere.

Cryptocurrency Betting Sites

Cryptocurrencies offer users a convenient and secure way to make betting payments. They also provide anonymity, which provides an extra layer of security. Bitcoin and Ethereum are some of the popular cryptocurrencies, but they serve similar purposes.

The process is simple: First, buy any of the cryptocurrencies, such as Bitcoin, Ethereum, Litecoin, or another accepted cryptocurrency, on a crypto wallet. Then, deposit it to your chosen online betting site to play betting.

Mostbet Cryptocurrencies

With Mostbet, you can safely bet on your favourite sports and casino games with Crypto deposits. The platform offers various cryptocurrencies, such as Bitcoin and Ethereum, for both deposits and withdrawals.

Just complete the Mostbet registration to access your account and check out the cryptocurrency available through the payment methods.

For added convenience, you can download the Mostbet app for free and make Crypto betting transactions within minutes. This bookie also provides a 100% bonus of 45,000 INR on your first deposit.

Stake Cryptocurrencies

The stake is an officially licensed and regulated bookmaker that accepts cryptocurrencies for deposits and withdrawals. Supported by the Curacao government, it has built a strong reputation for reliability over the years.

You can trust that your personal and financial details are safe with stake registration, as advanced security measures are used to ensure their protection while making betting transactions.

Additionally, this bookie offers various other payment options and is considered one of the payment methods used by betting sites. Currently, this bookmaker has no app for Android and iOS devices; however, users can access the site on their mobile versions.

Other e-wallets

Skrill is an excellent choice for online sports bettors and is widely accepted by sportsbooks in India and globally. You must fund your Skrill account first to use this trustworthy e-wallet (Source: Wikipedia). Then, you can deposit it into an online betting site.

Neteller is also a popular and trusted option for sports bettors. Like Skrill, you fund your Neteller account via bank transfer or credit card, then transfer the money to your betting site.

It’s a highly recommended method for betting online in India, even for beginners. You can also check out the Neteller betting sites, such as 1xbet, Fun88, etc.

EcoPayz, Phonepe, and Astropay are also well-known and safe online payment systems in India, making them reliable options for users to buy virtual cards for quick online payments on phonepe betting sites.

Consequently, betting sites in India with instant withdrawals are also adding secure and trustworthy payment methods, such as Amazon Pay and Apple Pay, for betting deposits and withdrawals.

How do you pick the best payment method for betting?

When playing on online sports betting (Source: Wikipedia) platforms, it’s crucial to choose a bookmaker that offers a variety of secure payment options. But how do you decide which deposit or withdrawal method is right?

Our review team has thoroughly tested each deposit option mentioned, providing one approach to choosing the best betting payment methods by considering these vital factors:

  • Security: Ensure the payment method is built on a secure online platform with SSL and high-encryption protocols to combat online fraud and phishing. Look for licenses from regulatory agencies like the Curacao, Malta gaming authority, etc.
  • User Experience: Choose a user-friendly payment method to ensure a smooth betting experience.
  • Encryption Standards: Ensure the payment service provider complies with strict encryption requirements to protect personal and financial data.
  • Accepting Indian Rupees: Consider the local approach to online betting platforms and look for options that support Indian rupees as the currency.
  • Limits: Some payment methods have transaction limits, exceeding which may result in unsuccessful transactions. Be aware of these constraints while selecting a payment option.
  • Transaction Time: Different payment and withdrawal methods have varying processing times. Consider this if you need immediate cash or quick transactions where bank transfers usually take longer, while e-wallets are faster.
  • 24/7 Customer Support: Ensure the payment options offer round-the-clock customer support and technical assistance via phone or email in case of any issues.

Are online betting payment systems safe to use?

With the increase in hacking, data theft, and fraud, many bettors seek secure ways to deposit their funds. To address this, security measures in the sports betting industry have been strengthened, with stricter standards to ensure safer gambling.

One of these measures starts by providing the best payment methods, which are secure, easy to use, and trustworthy. Choosing the right payment method can enhance player security and protect personal data.

All the payment methods mentioned in this article are genuine and safe for making betting deposits and withdrawals. Make sure to pick a secure betting platform to make deposits using these methods. To start your search, visit our page of the best betting sites.

Betting Deposit – How to pay for a bet?

Now that you’ve reviewed the most popular payment methods, the next step is to make a deposit. This process is quick and simple, taking only a few minutes. Follow this step-by-step guide to fund your account using your preferred betting method successfully:

  • Select a bookmaker from our list and visit its official website. Depending on availability, you can also download the mobile app for Android or iOS.
  • Sign in with your username and password. If you don’t have an account, create one by completing the signup process.
  • Navigate to your profile or homepage, and click the “Deposit” button.
  • Choose your preferred payment method from the options provided by the bookie and click on it accordingly.
  • On the payment methods page, enter the amount you wish to deposit, provide the necessary details, and confirm the transaction.
  • Once your deposit is processed, the funds will appear in your betting account. The processing time may differ depending on the chosen payment method.

Betting Withdrawal – How to cash out a bet?

Users can easily make betting withdrawals while winning bets on sports or playing casino games. A reliable and quick withdrawal process is crucial for accessing your winnings, and we have listed the step-by-step guide:

  • If available, select a reputable bookmaker and visit their official website using any browser or mobile app.
  • If you already have an account, log in with your username and password. If not, complete the registration process, which may require valid personal and contact information.
  • To withdraw funds, reputable bookmakers require identity verification (KYC verification), so complete this procedure before withdrawing the funds.
  • Click the Payment Methods page and go to the “Withdrawal of Funds” section.
  • Review the available payment methods and choose the one that suits you best. Fill in the necessary details and amount for the transfer, then click on the “Withdrawal” option.

Depending on the chosen payment method, the time it takes for the funds to reach you can vary from 15 minutes to 5 working days.

FAQs – People Also Ask About Betting Payment Methods

Can I deposit rupees into my betting account?

Yes, you can. Most payment systems supported by India betting sites accept deposits and withdrawals in rupees for users’ convenience. Additionally, they can facilitate currency conversion, so you need not worry if your account is in USD, EUR, or other currencies. 

How long does withdrawal from betting sites in India take?

The withdrawal time depends on the bookmaker and the chosen payment method, ranging from 15 minutes to 5-7 days. E-wallets are typically the quickest, while bank transfers may take up to 5 business days. 

Can I receive bonuses using these payment methods?

Some bookmakers offer exclusive bonuses and promotions to users using specific payment options. The most common offer is the deposit bonus, providing extra funds for increased winnings. 

Is It safe to share my banking details with a bookmaker account?

Most Indian betting sites prioritise user security and privacy, using advanced SSL encryption to safeguard and process data. You can trust that your personal information is protected and will not be shared with third parties. 

Which Payment methods are the most secure?

Betting payment methods, such as Bank transfers, net banking, and Cryptocurrencies such as Bitcoin, Ethereum, and e-wallets, offer the highest level of security.

This post was written by Sri Sharma