How to deposit and withdraw money from a betting site in India
Are you wondering how to deposit money into a betting site or casino in India? Then this article is for you. Depositing money to a betting site from India may seem challenging, but once you know the different options, you will be fully equipped to deposit money at will.
Most of the bookmakers we recommend here on Mybetting have customers all over the world, so they offer a wide variety of different payment methods in order to ensure that all their customers can make swift and secure deposits and withdrawals.
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| Website: Betway.com | Founded: 2006 |
| Owner: Betway Limited | Headquarters: Malta |
Betway is an international betting site that is incredibly popular in India.
They provide great cricket betting options and a fantastic LIVE betting platform.
Also, Betway makes it super-easy for Indian players to deposit using UPI, NetBanking, Paytm, PhonePe and other convenient methods.
We believe Betway is one of the all-time best betting sites in India.
| Website: www.1xbet.com | Founded: 2011 |
| Owner: 1X Corp N.V. | Headquarters: Cyprus |
1xBet is one of the largest international betting sites in the world. They are famous for the incredibly large and diverse selection of games and features they offer. You can find so many different games and betting options on 1xBet, from Kabaddi to Cricket and casino games. Indeed, every player will find his game on 1xBet!
| Website: leovegas.com | Founded: 2011 |
| Owner: LeoVegas AB | Headquarters: Malta |
LeoVegas is one of the most trusted online betting and casino sites in the world. This Scandinavian gambling site was established in the year 2011 with the goal of providing players with a smooth and reliable gaming experience, especially on mobile devices. So if you're looking for a reliable and trustworthy betting experience, LeoVegas is the right place for you!
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| Website: Bet365.com | Founded: 2006 |
| Owner: Hillside (sports) ENC | Headquarters: Stoke |
Bet365 is the biggest and most popular betting site in the world. They have millions of customers worldwide and are active in so many different countries. And it's no wonder that this betting site has become one of the very best; they offer a solid product with lots of cricket betting and horse racing options, along with FREE live streaming for all players.
| Website: www.22bet.com | Founded: 2017 |
| Owner: Marikit Holdings Ltd | Headquarters: Chrysanthou, Cyprus |
22Bet is an international betting site offering an impressive array of sports to bet on, including many sports that are often favored by Indian players, such as cricket and horse racing. But the primary focus on 22Bet is definitely football betting, of which they have a superior selection! They also offer a wide range of convenient deposit methods, making it very convenient for Indian players to deposit and withdraw money on 22Bet.
Bet365 now accepts deposits via UPI, PhonePe, and NetBanking, making it really easy for Indian players to deposit money on the world's biggest betting site! Read more
We get lots of questions from readers about how to deposit money on a betting site in India. Here are some of the most frequent questions and our answers
Making a deposit on a betting site may seem complicated, but we assure you, it has never been easier.
You can make a deposit using several different methods. These include online bank transfer, e-wallet, prepaid card, bank card, or even cryptocurrency.
The options are nearly endless. Every Indian player should be able to find an easy way to make a deposit on their betting site of choice!
The best deposit method really depends on what you have available to you.
Do you have a bank account? Then making an instant bank transfer may be the best option.
Do you own cryptocurrency? Then making a crypto transfer may be the best option for you.
In this article, we will talk about all the best deposit methods and the pros and cons associated with each of them.
Read on to learn more!
The world of online betting is filled with bookmakers competing for your attention. Some of these bookmakers are more honest than others.
There are a great number of fraudulent and dishonest betting sites trying to scam innocent Indian players, and you definitely need to be careful with these.
With that said, on this site, we only review the very best and most trusted betting sites in India and around the world.
You can be sure that these betting sites did not become famous and popular by scamming people. All deposits you make on one of our recommended betting sites is in safe hands.
To make an online bank transfer, you must have a bank account in your name with online banking features enabled.
If you don't have that, we advise that you reach out to one of your local banks and inquire about these options.
When you have it, you simply open the "online bank transfer" option on the corresponding betting site, after which you will be transferred to a payment portal.
From here, you will enter your bank account details and the money will be deducted from your account and instantly available in your betting account.
Yes, you can get a welcome bonus when you make your first deposit on a betting site.
Pretty much every betting site offers some kind of welcome bonus to new players in India.
The only thing you have to do is decide which bonus you want to have, and then join the betting site and make your first deposit. Then your welcome bonus will be automatically credited to your betting account!
To withdraw your money from a betting site, you can often use the same method that you used to make a deposit!
If you want to use an alternative withdrawal method, many betting sites will also let you do that.
Make sure you check what withdrawal methods a betting site provides before you make your first deposit. You want to make sure you can get your money out again with no hassles.
Unfortunately, many Indian banks do not approve online betting transactions due to fear of getting into trouble with the government.
Therefore, some Indian banks have blacklisted a number of betting sites do that you cannot make a deposit using your VISA or MasterCard.
This is a bit annoying, but there are ways to work around this problem.
You can either deposit to a 3rd party e-wallet first, and then deposit on a betting site after.
Or you can deposit on a betting site that's not blacklisted, such as LeoVegas.
Yes, making an online betting deposit in itself is legal.
However, the Reserve Bank of India (RBI) has some restrictions in terms of transferring money out of India.
These restrictions are in place to ensure that the Indian economy does not experience a lack of liquidity.
The maximum amount an individual can transfer abroad is up to USD 2,50,000 in a year.
In this article, we will let you know the betting sites that have the best deposit methods in India so that you can sign up with them and enjoy a seamless betting adventure. Read more
Making a deposit on a betting site may seem like a complicated thing to do, but actually it has never been easier to deposit money on a betting site in India than it is today. There are literally dozens of deposit methods available to you, and it’s just about finding the one that works best for you.
In this article, we will go through all the best deposit methods available in India. We will talk about the pros and cons of each one, so you can decide how to make your next betting deposit.
Here is a list of the best betting deposit methods in India:
These are (without a doubt) the best, the easiest and the cheapest ways to deposit in India.
Some of these deposit methods may not be available to you, but you should definitely be able to find a deposit method that works for you on this list.
We will now go through each of these deposit methods, and explain all the details about how each option works.
There is an increasing number of betting sites in India that accept online bank deposits. This is great news because more and more Indians these days have access to a bank account with online banking features.
If you are one of these Indians, you should definitely consider making your next deposit via online banking.
Making a deposit with online banking isn’t difficult or expensive as some might expect. It is both cheap, convenient and fast. Typically, the money will be credited to your betting account instantly after the transfer has been made.
Online banking is still a relatively rare thing to find, but there is an increasing number of betting sites that accept it. Below you will find some of the best betting sites that accept online bank deposits.
If you have a VISA card, then that is a great and convenient way to make a betting deposit. Unfortunately, many Indian banks refuse to approve betting transactions, which means that even though you use a VISA card, your deposit may be declined.
Depositing on a betting site with a VISA card seems to work on some betting sites and not work on others. For example, we have had good experiences using a VISA card on LeoVegas.
Alternatively, you can use your VISA card to deposit money into a 3rd party ewallet and then deposit it to the betting site from there. You could send your money to either Paytm, PayPal, Skrill, Neteller, etc, and then deposit it on the betting site. There are many ways to go about it.
Most betting sites accept VISA card deposits. The challenge is to not have the transaction declined by your bank. We have had good luck making VISA card deposits on the following betting sites:
A MasterCard and a VISA card are in many ways the same thing. They both come in a credit and debit version. Whether yours is a credit or a debit card is not important. Using one of these cards is an easy and cheap way to make a betting deposit.
If you have a MasterCard at your disposal, we highly recommend that you find a betting site where you can deposit using your MasterCard.
Pretty much every betting site in India accepts deposits with MasterCard. The biggest problem is to make sure your bank doesn’t decline your transaction because it is related to betting. We recommend the following betting sites if you want to deposit with a MasterCard:
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The above-mentioned deposit methods all require you to have a bank account.
But what if you don't have a bank account. Then how do you make a deposit?
Don't worry, we have a solution for you!
There are plenty of ways to make a deposit, even if you don't have a bank account!
An AstroPay Card is a prepaid card that is available to all Indians. You can buy it online, and you can use it on a large number of different betting sites to make deposits.
It works like this: you buy your AstroPay card and pay online using one of the many convenient methods like PhonePe, Airtel, Freecharge, JioMoney or Google Pay.
Your digital AstroPay card will be immediately ready for use after completing the purchase.
Now you’re ready to make a deposit on your chosen betting site. It’s super easy and straightforward!
You can buy your digital AstroPay card from the official website here.
AstroPay has been around for many years, and they’ve become a very popular betting deposit method for players from around the world. Therefore, AstroPay cards are accepted by a large number of betting sites. You will find some of the best ones below:
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Although cryptocurrency is still a fairly new invention, many betting sites are already accepting this form of payment. The betting sites that accept cryptocurrencies typically let you deposit the most common cryptos such as Bitcoin, Litecoin, Ripple, Ethereum and more.
Getting your hands on some cryptocurrency can be done in a number of different ways. You can either purchase it online using a bank card or using mobile money, or you can do a physical purchase with someone selling cryptocurrency in exchange for cash. The options are many.
So if you want to deposit crypto, make sure you select a betting site that accepts it!
More and more betting sites are starting to accept cryptocurrency deposits. Therefore, it won’t be a problem for you to find a good betting site where you can deposit your crypto. We recommend the following 3 sites.
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Paytm is a digital wallet and payments platform that allows Indians to pay for goods and services and even send money to one another. Using Paytm is absolutely free and it is really convenient for Indians to use.
You can deposit money into your Paytm wallet using a number of different methods. You can either make a deposit using Netbanking or a bank card if you have these options at your disposal.
Alternatively, you can go to a Paytm vendor and give them cash which they will then transfer to your Paytm wallet.
Paytm is available to all, both rich and poor. That is what makes it a great deposit method!
At this point, we are only familiar with one betting site that accepts Paytm deposits, and that is 1xBet. We hope that more betting sites will begin to accept deposits via Paytm in the near future, and we will make sure to keep you updated when it happens!
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Skrill is an online e-wallet which has been around for many years. They are a trusted brand when it comes to the safe handling of money. They have been one of the primary betting deposits methods for more than a decade now.
So if you want to deposit some money on a betting site, you can feel totally confident by using Skrill.
The biggest downside of Skrill is their relatively high fees. It doesn’t cost anything when you make a deposit with Skrill, but they do charge a fee when you receive money.
So when you deposit money on Skrill, and when you withdraw money from a betting site, you can expect to pay a fee of 1.35% of the amount to Skrill.
Skrill is accepted by nearly all betting sites in India. You can see some of the best ones below.
Neteller is a lot like Skrill (they are actually owned by the same company). It works in the way that you first deposit some money into your Neteller wallet, which can then be transferred to the betting sites of your choice. It’s a great way to keep all your betting accounts centralized.
You can deposit money into Neteller using everything from VISA cards to UPI payment services in India.
The only real downside to Neteller is their steep deposit fee. They ask you a fee every time money enters your Neteller account.
So whether you are topping up or making a withdrawal, you will be paying a small fee. If you’re okay with this, then Neteller may be a great option for you!
Neteller (along with Skrill) is one of those e-wallets that are accepted by pretty much every betting site in the world. You can find some of the betting sites that accept Neteller below.
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Are you still wondering what betting site you should deposit on?
Here is a list of some of the best betting sites in India and a short guide about how to deposit on each of them!
Select a betting site now and make your first deposit today. It's easier than you think!
Betway offers players to deposit money using the most conventional methods on the market. You can deposit money using the most popular international eWallets such as PayPal, Skrill and Neteller. Betway also accepts deposits through Paysafe card, which can be bought at local retailers in a few locations in India.
News: Betway now accepts online bank transfers in India!
Credit and debit cards can also be used, but we recommend that you first transfer the money to an eWallet, and then to Betway after. Your bank may not process your payment if you try to them the betting site directly. Here is a full list of accepted payment methods on Betway:
If you are ready to open an account with Betway and start depositing money, click the green button below!
LeoVegas gives you a complete sense of security and professionalism when depositing money. They only accept the most popular and most secure payment methods. Everything is pretty easy and straightforward on LeoVegas.
They guide you through the whole process of depositing money step by step. When you have completed your deposit, they will credit the balance to your betting account immediately.
If you are ready to open an account with LeoVegas and start depositing money, click the green button below!
This Asian betting site offers some of the more popular deposit methods, as well as some of the most unconventional deposit methods on the market. For example, Dafabet allows you to transfer Bitcoin to your betting account. This is an offer we haven’t seen from any other betting site on the market.
When you transfer Bitcoin, it will simply be exchanged into real currency at the current market value. We think it’s a really smart way to reach out to players that may have a hard time depositing money in the more conventional ways.
In addition, you can also use the most popular eWallets like Skrill and Neteller, as well as EcoPayz.
If you are ready to open an account with Dafabet and start depositing money, click the green button below!
Royal Panda offers a deposit solution that is very useful for Indian players. We are talking about the AstroPay card, which is a prepaid debit card that allows you to perform online payments.
All you have to do is purchase an online AstroPay card with the amount of money that you would like to deposit, and then you are all set. This card can be used on Royal Panda, along with many other convenient deposit options.
If you are ready to open an account with Royal Panda and start depositing money, click the green button below!
As the innovative and contemporary betting site they are, Bet365 offers a wide range of the most common and secure methods of deposit. Apart from the popular eWallets like Skrill and Neteller, they also let you deposit using Entropay. It is a great way to help players who may not be able to deposit using any of the conventional ways.
If you are ready to open an account with Bet365 and start depositing money, click the green button below!
Unibet has been one of the leading betting sites when it comes to swift and secure payments for many years.
They were one of the first betting sites to pioneer payment through online eWallets, which made online gambling possible for many players that were previously not able to deposit money.
To this day, Unibet still has a solid selection of different payment options, including the most popular eWallets on the market like PayPal and Skrill, as well as some of the lesser-known names like Earthport and EcoPayz.
If you are ready to open an account with Unibet and start depositing money, click the green button below
Now that you know all about the easiest, cheapest and most convenient deposit methods in India, as well as the best betting sites, you are ready to get started.
Select a betting site with a deposit method that works for you. Then make your first deposit today. It's easier than you think!
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