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Deposit Methods in India

If you wish to bet on sports in India for real money, it could help to know the available deposit methods. Lucky for you, today, there are lots of betting deposit methods to choose from. You can deposit money using e-wallets, credit cards, debit cards, cryptocurrencies, bank transfers and some local, Indian payment methods.

This sports betting guide will focus on the most popular deposit methods you can use at online sports betting sites in India. We are also thrilled to present you with a list of the top and safest sportsbooks for Indian players. Feel free to join now to grab a juicy welcome bonus.

blas editor
Autor
enrico Editor
Checked by
  • Enrico
Published

23.11.2023

Updated

19.01.2024

Why You Need to Deposit Money into Your Betting Account

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Online sports betting is all about risking money on match outcomes hoping to generate some profit. Some betting sites offer no deposit promotions to help you get started risk-free. But the best deals will be available when you fund your online gambling account.

With a deposit, you will not only get deposit bonuses but also stand a chance to win real money.  You can claim a welcome bonus package with free bets, risk-free bets and match bonuses if you use suitable deposit methods.

India boasts a fast-growing betting industry with lots of punters looking to earn some extra cash or pass the time through gambling. For this to happen, sports bettors need to transfer money into their betting accounts and withdraw their winnings. The first step is to deposit money to have some funds to place bets.

You want the deposit process to be seamless and fast so you can have the funds ready for betting immediately. And that’s why it’s important to choose reliable deposit methods. Are you ready to discover the various payment methods you can use when joining Indian sportsbooks? Look at the banking options we have explained below, pick your favourite to deposit, and start betting now.

Unified Payment Interface (UPI)

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Created by the National Payments Corporation of India, UPI is one of the safest sportsbook deposit methods suitable for all Indian bettors. Many betting sites in the country accept it simply because it’s a widely popular payment method. UPI is available as a mobile app that Indian players can use to transfer money from a bank account to a casino account. Its main purpose is to make online payments easier and safer by merging several trusted banks in India.

UPI is pretty easy to use if you wish to make online betting deposits with it. You first need to download the UPI app from the App Store or the Google Play Store. Then you can choose from various wallets, which include BHIM, PhonePe, Mobikwik, Paytm and Google Pay. There are no extra fees, and transactions are generally instant. But payment delays may occur, and you may need to verify your details before depositing. Other than that, UPI is a perfect choice for deposits and withdrawals.

NetBanking Betting Sites

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NetBanking is simply an online bank transfer system that makes it possible to transfer money from your personal bank account. This electronic payment method is easy to use and also safe since it’s offered by most leading banks in India. With it, consumers from all over India can access funds from banks as well as banking institutions. And that makes it a trustworthy deposit method to use when you join sports betting sites in India.

Before choosing NetBanking for online betting, you should know what to expect from the payment method. On the positive side, it is a simple, secure and convenient banking option for anyone from India. Moreover, you can transfer funds any time you want without waiting for your bank to open its doors.

You can also expect instant transactions without charges. But we should mention that the speed of bank servers will determine how fast you can transfer money through NetBanking. And if you are worried about sharing your banking details, you must accept the fact that you’ll need your Customer ID to sign up.

PhonePe Betting Sites

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If banking on mobile is your thing, then PhonePe is one of the best options you should consider. You can easily find PhonePe betting sites today as there are lots of different options on the internet for Indian players. Just like other deposit methods, PhonePe offers some noteworthy benefits. It’s a safe option since the operator holds a license from a reputable authority. You can also deposit funds using your bank account, debit card, credit card or e-wallet.

Even though all transactions are expected to be instant, some transactions may take longer than expected to process. And verification may sometimes be an issue if you want to get verified within a short time. As indicated before, PhonePe is one of the top Indian payment methods that use the UPI system. Betting site operators and players trust it because it is licensed by the Reserve Bank of India. The mobile app is downloadable from the Google Store or App Store. You can visit the official PhonePe website to access the links quickly.

Google Pay Betting Sites

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Google Pay is another UPI-based mobile payment app you can use to make payments at online betting sites in India. Most people use it because it’s a convenient deposit method provided by one of the world’s leading technology giants. To use the Google Pay app at an online betting site, you first need to download the application. There are apps for both Android and iOS devices. All you have to do is visit the App Store or the Google Play store to download and install the appropriate app.

Of course, Google Pay offers many advantages that make it a proper payment method for online sportsbooks. It’s an easy-to-use deposit option that offers fast and secure transactions with no transaction fees.

The app also supports the most popular mobile operating systems so that most players can use them. But we must let you know that you will only find a few betting sites using Google Pay. The good news is that the benefits of using the mobile payment app outweigh the drawbacks.

MobiKwik Betting Sites

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Like PhonePe and Google Pay, MobiKwik utilises the UPI payment system to facilitate payments. It’s another recommended deposit method if you are into mobile banking apps.

MobiKwik was founded in 2009 by Bipin Preet Singh and has since been the go-to banking option for many players. As with other mobile payment apps, you can download the MobiKwik app from the App Store or the Google Play Store. Once you install it, you will need to sign up for an account using your mobile number. Then you can upload funds using different methods such as net banking, debit card and credit card.

Depositing money at a sports betting site with MobiKwik is one of the easiest things to do. The app is safe to use, and punters don’t have to worry about additional fees when funding their sportsbook accounts. And as with other payment apps, you can always keep a record of your transactions and use this information to manage your bankroll. Even though MobiKwik is not a standard deposit method, some reliable betting sites accept it, so you can always try them if you want.

Paytm Betting Sites

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Paytm is a popular mobile payment method that has won the hearts of many Indian sports bettors today. Like many mobile payment apps in India, it’s no surprise that Paytm uses the highly trusted UPI system. You can instantly deposit at online betting sites and easily check your bank balance with the app. As usual, you need to download the Paytm mobile solutions app from the Google Store or the App Store to get started.

There are several advantages to using Paytm at sports betting sites. First of all, the app integrates online banking with credit cards and debit cards, so there are many ways to upload funds. Secondly, Paytm acts as a UPI payment app and a wallet for storing your money for quick access when depositing online.

It also offers swift and secure transactions, so one can get into action right away after making a deposit. However, you should know that you will undergo a strict verification process to confirm your banking details.

Electronic Wallets

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There’s no denying that electronic wallets (e-wallets) have taken online payments to a whole new level. These payment methods provide means to transfer money online using only an email address. They also allow you to withdraw money into your linked bank account with ease. And if you wish to upload some funds, you can always use your bank accounts, credit cards or debit cards.

Modern-day e-wallets are even much easier to use because they not only offer a safe website but also provide mobile apps. Thus, you can register on the official website or use the iOS or Android app to sign up and transact on the go. Safety is another feature of the top e-wallets you can use at Indian sportsbooks today. The best betting sites that accept e-wallets will give you various options. The most common ones include Skrill, PayPal, Neteller, Trustly, MuchBetter and EcoPayz. We will now look at these payment methods in detail.

PayPal Betting Sites

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There’s no way we can talk about online betting sites that use e-wallets without mentioning PayPal. This is one of the oldest internet money transfer options that have been around for many years.

Originally established in 1998, the e-commerce company allows users from all parts of the world to make online transactions. PayPal is currently used by millions of people, which explains why most betting sites have no problem accepting it. You can open an account online or use the PayPal mobile app for iOS or Android.

Online punters in India have many reasons to choose PayPal amidst other payment methods. Those who have used it will tell you that it’s a very reliable deposit method that offers safe and fast payments. When you deposit money into a betting site using PayPal, the funds will be available immediately.

You can also use your credit or debit card to add funds to your PayPal account. Sports bettors can even cash out their winnings using the e-wallet. The only issue you might experience is that PayPal is associated with relatively high transaction fees. But the best betting site will take care of any charges for you.

Skrill Betting Sites

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Initially known as Moneybookers, Skrill is another reputable e-wallet that has been with us since 2001. Today, the payment system is owned by the Paysafe Group, which operates under the supervision of the Financial Conduct Authority.

It’s a type of digital wallet that allows people from all regions of the world to send money and make online payments hassle-free. With Skrill, you can add money to your account using various options such as bank cards and bank accounts. You can even use your Skrill account to purchase and sell cryptocurrencies such as Bitcoin and Ethereum. This is possible through the official Skrill website or mobile app for smartphones and tablets.

So, why would you choose Skrill over other deposit methods available at Indian betting sites? First, Skrill offers fast and secure payments, allowing you to make local and international money transfers smoothly. And as an e-wallet, you can use the app to track your online gambling transactions. We must also say that Skrill is a very simple payment method that you can start using as soon as you sign up for an account. Using it for betting purposes will allow you to deposit or withdraw money from top-rated betting sites with no transaction fees.

Neteller Betting Sites

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Neteller is another suitable payment option brought to you by the Paysafe Group. You are, therefore, most likely to enjoy using this e-wallet if you are a fan of Skrill. Online bettors in India can use Neteller to transfer money to their bookmaker accounts and withdraw their winnings. That’s very easy to do as the only thing you need to do is create an e-wallet account. As usual, you can either use the website or download and install the mobile app to transact wherever you are.

Since both Neteller and Skrill come from the same company, there’s no big difference when it comes to how the e-wallets work. Both payment methods are safe, quick and easy to register and use. But we must appreciate the fact that Neteller offers more ways to upload funds than Skrill.

Although top Neteller betting sites won’t charge you transaction fees, all methods of uploading funds attract a 2.5% fee. This includes UPI, NetBanking, MasterCard, Visa, Trustly, Paysafecard and many more.

Trustly Betting Sites

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Trustly is another leading e-wallet that you can use at an Indian betting site for deposits and withdrawals. Established in 2008, Trustly caters to users who want to make fast and secure payments online. It has developed a positive reputation since its inception, and that’s why you will find many international betting sites that accept it. Sports bettors can get started with Trustly by simply signing up for an online account.

One thing that sets Trustly apart from other e-wallets is that you don’t have to use cards or download apps. Also, all deposits made via this banking option are instant, and withdrawal speeds are pretty fast compared to other e-wallets.

Punters can also use Trustly at betting sites completely free. The only drawback for Indian users is that the e-wallet is not as popular as other payment options. So, you will come across a limited number of Indian sportsbooks that accept Trustly.

MuchBetter Betting Sites

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MuchBetter has quickly become one of the best payment methods for online betting purposes. Launched in 2016, the multi-award-winning e-wallet service provides secure banking to customers all over the world. The app uses cutting-edge technologies to protect your sensitive information from all possible threats. These include touch ID, device paring and dynamic security codes. Users can sign up online or download the MuchBetter app for iPads, iPhones or Android devices.

Besides offering safe transactions, MuchBetter is known for extremely low transaction fees. Another advantage of using the e-wallet is that it’s suitable for both deposit and withdrawal transactions. On top of that, the initiative interface makes it easy to use even when using it for the first time. And we can’t forget to mention that it supports rupees alongside other widely used currencies. Thus, it’s certainly a good option for betting sites that accept Indian players.

EcoPayz Betting Sites

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EcoPayz has long been one of the most convenient deposit methods for e-wallet users. It is a trusted and safe way of transferring money to your sportsbook or casino account with incredible speeds. You will mostly find it when you join an international betting site that welcomes players from India. Online sports bettors can open a free account using the EcoPayz website or mobile application.

If you are looking for an e-wallet you can trust, EcoPayz is undoubtedly a decent option. The payment system utilises the Payment Card Industry Data Security Standard (PCI DSS) to provide a secure environment for transmitting credit card details. It is also regulated by the UK Financial Conduct Authority, one of the most respected regulatory bodies.

During registration, you have the option to choose Indian rupees as your preferred currency. And that should be a good reason to join betting sites that accept EcoPayz.

Debit, Credit and Prepaid Cards

Most online betting sites accept different types of payment cards for deposit and cash-out transactions. All types of debit, credit and prepaid cards existed even before the introduction of other banking options such as e-wallets and mobile payment apps. Therefore, banking cards have stood the test of time and are still among the first deposit methods most sports punters choose.

India is one of the top countries where you can use all sorts of cards, including leading brands like Visa and MasterCard. With credit cards, users get an opportunity to play with borrowed money and pay the debt later. But a prepaid or debit card requires you to have some money before using them. Now, we will discuss the most used payment cards at betting sites in the following sections.

MasterCard Betting Sites

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MasterCard is a household name as far as online payments are concerned. Most betting sites in India accept this card because it has millions of users within and outside the country. Sports bettors looking to use MasterCard have both credit and debit card options to use. Many banks and financial institutions can issue you with the card in a matter of days once you send your application. If it’s a debit card, you have to create an account to store the funds you need to use for online betting.

Online sportsbooks that use MasterCard come with many notable benefits. The first thing everyone knows is that this is a world-renowned payment method that delivers safe payments. Secondly, MasterCard is one of the safest payment methods available to users globally. However, you must make sure that your bank allows you to use MasterCard debit or credit cards for online gambling. And withdrawal speeds are slower than e-wallets, cryptos and mobile banking apps.

Visa Betting Sites

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Like MasterCard, Visa is a top-notch payment card with credit and debit card options for all types of users. Visa has been around for more than six decades and is the leading payment card globally in terms of transaction value. Those looking for a Visa card can obtain it from banks in India and link it to a bank account. All you have to do is enter your payment card details in the cashier section of the betting site to use it for payments.

By joining Visa betting sites, you will be able to transfer funds to your sportsbook account instantly. So, there should be no delays if you want to bet as soon as you confirm the transaction. Also, Visa has lived up to its promise by offering safe transactions. To use it, you must ensure that your card is connected to a bank that supports online gambling transactions. But the biggest challenge is that withdrawals can take several business days to complete.

Paysafecard Betting Sites

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Paysafecard is one of the few prepaid cards you can count on when betting on sports online in India. It is a safe payment method for someone who does not want to use a bank account or card for gambling. To use Paysafecard, you need to visit a sales outlet near you and purchase a 16-digit voucher code. After that, go to the betting site you’ve selected, choose Paysafecard as your deposit method and enter the prepaid voucher code. There’s also an online registration option in case you have no problem transacting online.

If you choose Paysafecard, you’ll be thrilled to know that you can purchase the voucher using Indian rupees. What’s more, you no longer need to worry about exposing your bank account or credit card details. The verification process is also easy because a phone number is enough. Unfortunately, you cannot withdraw money from a betting site using Paysafecard.

AstroPay Betting Sites

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AstroPay is a type of virtual prepaid card available at many online betting sites for Indian gamblers. Established in 2009, this is one of the finest online payment services with lots of payment methods to meet the banking needs of all users. You can create your AstroPay online wallet any time you want and start using it in a matter of seconds. Note that you can even download the mobile version of this payment method from the App Store or Google Play Store.

You will notice that the AstroPay card is super-fast to obtain and sign up for an account. Other known benefits include a high level of security such as TLS encryption, zero transaction fees and access in India. But you will not be able to use AstroPay to cash out your winnings from a betting site.

Cryptocurrency Betting Sites

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The majority of modern betting sites in India accept bitcoins for payments. Since the inception of Bitcoin, cryptos have ruled the online banking world for more than a decade now. Although most players are used to a few options in this category, the number of cryptos keeps growing every new day. It’s up to you to decide which cryptocurrency is your cup of tea. If you’ve had your eyes on cryptocurrencies, chances are you’ve heard of the following options:

  • Bitcoin
  • Litecoin
  • Ripple
  • Ethereum
  • Dogecoin

To use the above payment methods and other cryptos, Indian players need to buy the coins first. The easiest option is to visit a cryptocurrency exchange platform. You can purchase any cryptocurrency you want using globally recognised payment options using a crypto exchange sites. The top crypto exchanges include Coinbase, Binance, Kraken, Gemini, Bitfinex, Coinone and Bittrex. Once you obtain your coins, you must store them in a software or hardware wallet before using them at online betting sites. Ledger Nano X, Trezor and Exodus are some of the most used wallets today.

Cryptocurrencies offer lots of benefits when compared to fiat currencies. Payments are made using the blockchain, where every transaction is anonymous and transparent. There are low transaction fees, and cryptos are generally faster than other payment methods. Furthermore, you don’t need to share your bank account or credit card information with the betting site.

Bank Transfers

Traditional bank transfers are still popular with betting sites that accept punters from India. Using a bank transfer would be impossible in the past due to the country’s law, but things changed following the introduction of UPI and IMPS. In India, many betting sites will let you use UPI bank transfers to deposit or withdraw money directly to your bank account. Slow transaction speed is the main drawback associated with bank wire transfers.

Steps for Depositing Money into Your Betting Account in India

Depositing money into your Indian betting account is one of the easiest things you can do. First of all, there are different payment methods to choose from. And you will have more deposit methods than withdrawal options most of the time. You can deposit money into your account by following the four steps we have outlined below. Ideally, you should have the funds in your betting account instantly once you authorise the transaction.

Step 1: Choose a Trustworthy Online Betting Site in India

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You first need to choose the sports betting site you wish to sign up with before you can deposit money. That shouldn’t be difficult because we have listed trusted betting sites in India on this page. Look for a fully-licenced sportsbook with a nice welcome bonus, match deposit bonus, free bets and high betting odds.

Step 2: Create Your Online Betting Account

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Creating a betting account is a straightforward process that only takes a few minutes. Just follow our link to the selected betting site and fill out the form on the registration page. You will be required to input your personal and login details to register for an account.

Step 3: Choose Your Deposit Method, Deposit Money and Claim a Bonus

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Go to the payments area of the betting site and choose your preferred payment method. Enter the amount of money you wish to deposit into your account. Remember to meet the minimum deposit requirement so you can claim deposit bonus offers and free bet promotions.

Step 4: Place Bets on Sports Using Your Deposit and Bonus

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Now that you have some funds in your betting account and a deposit bonus or free bets, it’s time to bet. Browse through the sports betting site and choose your favourite markets or sports to bet on. You can now place all types of bets and wait for the win.

How to Withdraw Winnings from an Indian Betting Site

Let’s say you have successfully made your deposit and placed some bets on your favourite sports. All of your predictions were correct, and now you want to withdraw money from the betting site. Well, you need to choose a payment method to withdraw your winnings.

But before you can cash out, keep in mind that most betting sites will require you to verify your banking option. With that said, the process of withdrawing your winnings from Indian betting sites is simple, as described below.

Step 1: Log in to Your Betting Account 

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The first step is to log in to your betting account. You will need to provide the username and password you used to create your account. This should take a few seconds.

Step 2: Choose a Payment Method for Withdrawing Funds

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Any reliable Indian betting site will offer several payment methods for withdrawals. These may include e-wallets, cryptocurrencies, mobile banking apps, bank transfers and bank cards. Just go to the “Cashier” section of the betting site and choose the withdrawal option you prefer to use.

Step 3: Enter the Amount You Want to Withdraw 

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Once you choose your payment method, enter the amount of money you wish to withdraw from your betting account. Press “Withdraw” and follow the instructions to confirm the transaction. Note that the process may vary slightly depending on the withdrawal method you are using.

Step 4: Enjoy Your Winnings

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Now it’s time to enjoy the fruits of your bets. You may receive the funds immediately or after a few hours or business days. E-wallets usually offer the fastest withdrawal speeds, while bank transfer transactions take the longest time to process.

Payment Method Verification

All legitimate betting sites will ask you to verify your details so they can confirm that you are the person you claim to be. This includes verifying your personal information as well as banking details. Payment method verification makes it much easier for sportsbook operators to make sure that you are the rightful owner of a betting account. As a bettor, you also need to verify your payment method to avoid unwanted delays when cashing out your winnings.

In most cases, you will need to send a photo of your ID or a utility bill to verify your betting account. But things might be a bit different when verifying payment methods. You will be asked to provide various types of documents or details depending on the deposit method you want to verify. Here is what you might need to verify online betting deposit methods in India:

  • Banking Cards (Debit and Credit Card) – The betting site may ask you to send an image of your credit or debit card with the last few digits visible.
  • E-Wallets – You may have to send a photo of your e-wallet account to verify your PayPal, Skrill, Neteller or MuchBettter account. The required information includes your name and the account ID.
  • Bank Transfer Method – Since you need a personal bank account to use bank transfers, the sportsbook might want a copy of your most recent bank statement. The statement should display your name and the bank details.

For the best online betting experience, it’s always prudent to have your account and deposit methods verified fast. You should especially focus on the payment methods you are most likely to use for deposits and withdrawals. Of course, no punter wants to have their winnings withheld just because they didn’t verify their payment method. You should avoid such problems by submitting your verification details as early as possible.

Average Deposit and Withdrawal Times

All the deposit methods we have discussed in this guide are not the same when it comes to transaction speeds. For the best experience, you want to choose a betting deposit method that will help you make instant deposits. Nobody wants to deposit money into a betting account and wait for hours before the funds appear. Likewise, you don’t want to withdraw your winnings and wait for ages before the money appears in your bank account or e-wallet.

Most payment methods listed on this page will allow you to deposit funds promptly. Punters can expect instant transactions when depositing money via e-wallets, bank cards and cryptocurrencies. This is important because you need the money to be ready for use so you can start betting on sports without wasting time. Bank transfers tend to take more time than other betting payment methods. If you see an opportunity to bet on a live match, for instance, you need to fund your account instantaneously. You cannot rely on a bank transfer in such a scenario.

Many betting sites in India also offer the same payment methods for deposits and withdrawals. But some payment methods may only be available for deposit transactions. Whichever banking methods are there, they should offer fast withdrawal speeds.

Withdrawals made through e-wallets are mostly instant, but they can sometimes take up to 24 hours. And it can take up to 3 business days to withdraw money using credit or debit cards. Don’t hurry if you choose bank transfers because withdrawal transactions can take as many as five business days or more.

Criteria for Choosing the Best Payment Method

Our experts are here to help Indian players find the best payment methods and top-rated sports betting sites. Thus, you can rest assured that all online betting sites on this page use safe and convenient deposit methods. We have done most of the research on your behalf, but it’s important to know how to choose a payment method.

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Woman makes a deposit at Rabona on the laptop.

The truth is that your ideal deposit method may not be what another punter wants. So, it will mostly come down to personal preferences. Now, let’s look at some of the factors you need to keep in mind to pick the most suitable betting payment method.

CurrencyOne of the most important features of top-rated Indian sports betting sites is that they support the local currency. That is, punters are able to deposit money and cash out in Indian rupees. With the option to transact using rupees, you don’t need to worry about conversion fees. On top of that, the best online betting sites in India will let you choose from other popular currencies including US dollars, Canadian dollars, euros, pounds, Australian dollars and cryptocurrencies.
SimplicityWith so many online betting payment methods, the fact of the matter is that some are easier to use than others. And you are most likely to prefer a certain deposit method that is more convenient for you. To avoid unnecessary delays when depositing money, it’s advisable to choose a payment option that’s the most convenient. The payment process should be easy to understand, even for someone using a particular banking method for the first time.
SecurityMost payment methods require you to share your personal and banking details. And you obviously don’t want your banking details to land in the wrong hands. That’s why you should go with payment methods that utilise different types of technologies to protect your bank account, e-wallet account and card details, so that you don’t have to worry about the safety of your money at online sportsbooks.
BonusesA betting site might specify in the bonus terms and conditions that you need to deposit money using specific payment methods to claim a bonus. You need to pick the payment options that allow you to make qualifying deposits if you want to redeem a deposit bonus. Note that many betting sites in India will not allow you to claim a welcome bonus if you deposit using e-wallets.
SpeedIt would help if you determined how fast you need the money before using a payment method. As we have said before, bank transfers are not a good choice if you want to bet with your deposit instantly. Try using banking cards, e-wallets, mobile payment apps and cryptos for the highest transaction speeds.
LimitsOnline betting banking options differ in terms of how much money you can deposit or withdraw. Before choosing a deposit payment method, you first need to know what type of player you are. If you are a high roller, you will often want to deposit large sums of money. And that can only happen if you use a payment method that supports huge deposits. The amount you can deposit will vary from one betting site to another, so you should check the transaction limits beforehand.
AvailabilityAlthough you may have your preferences when choosing payment methods, acceptance is an important factor to consider. You must think about how many betting sites accept the payment methods you wish to use. Thankfully, most Indian betting sites our experts recommend are supporting the most popular banking options.

Convenient Mobile Payment Methods – Deposit on the Go

You’ll be delighted to learn that many payment methods for Indian sports bettors support mobile payments. For instance, if you are using e-wallets, you can simply visit the official website using your tablet or phone. This is possible courtesy of advanced technologies like HTML5 that deliver high-quality, mobile-compatible websites. And that means that you can deposit money into your gambling account wherever you are, even without access to a computer.

The second option for mobile payments is to use mobile payment apps. As we have seen, many of the payment methods mentioned here come with mobile apps. The best ones have designed mobile apps for both Android and iOS users. Punters only need to download the mobile app and install it on their mobile gadgets to start depositing.

Sports Betting Promotions and Casino Bonus Offers to Claim after Depositing

One of the main advantages of depositing money into your Indian betting account is that you can claim a deposit bonus. The best betting sites offer an enticing welcome bonus followed by other promotions for existing punters. If you want to benefit from a bonus on your first deposit, all you need to do is make the minimum deposit required. And you must use a qualifying deposit method as stated earlier.

Depending on the type of bonus you are claiming, you can collect more incentives by depositing more money. The most common betting bonuses for depositors include match bonuses, free bets, risk-free bets, reload bonuses and VIP rewards. Let’s look at the various deposit bonus offers to put everything into perspective.

Welcome Bonus for New Players on the First Deposit

The first deposit bonus is one of the most lucrative bonuses you can use to place bets or play online casino games. This offer is often part of the welcome bonus or signup offer. Online betting sites use first deposit bonus offers to motivate new players to sign up for an account.

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This is how the Rabona welcome bonus looks on the go on the laptop.

As a punter, you must learn to take advantage of such promotions to boost your bankroll. You can claim match bonuses, free bets and risk-free bets once you deposit funds using any suitable deposit method.

Match Deposit Bonus Offers

A match deposit bonus should be on top of the list of all betting bonuses you wish to claim. This type of promotion is popular with online betting sites that double as online casinos. Thus, you can use it to wager on sporting events or play your favourite casino games. With matched bonuses, you get an opportunity to collect bonus funds in the form of bet credits. The offer takes the form of a percentage bonus, matching the amount you have deposited.

While the percentage amount can vary from one betting site to other, the best sportsbooks in India offer 100% match bonuses. For example, new players may receive a 100% match deposit bonus of up to ₹50,000. This means that the bookmaker will double any amount deposited into your account up to 50,000 rupees. That’s certainly a great way to get started as a new member of a betting site. If you find a generous bookie, you might even get matched bonuses worth up to 500% of your deposit.

Free Bets – Free Bet Credits to Use on Sporting Events

Most of the payment methods listed here will open doors to free bet promotions at Indian betting sites. Free bets are among the easiest deposit bonuses to understand – you simply get free bet credits upon depositing a certain amount of money.

For example, you may earn ₹500 in free bets if you deposit and spend ₹500 on sports. Note that you’ll generally have your free bets credited as free credits, meaning that you cannot withdraw the money. You must first bet with your free bet bonus for the betting site to allow you to cash out if you win.

Risk-Free Bets to Secure Your First Bet

Many betting sites in India offer an increasingly popular type of deposit bonus known as a risk-free bet. When you receive a regular free bet bonus, the winnings are yours to keep if you win and meet the bonus terms. You must also be ready to accept any losses if your predictions are incorrect. But risk-free bets come with some form of insurance in case you lose your bet.

The main advantage of claiming a risk-free bet is that the betting site will give you a refund. For instance, you may qualify for a 100% risk-free bet up to ₹15,000 as a new player. This simply means that the betting site will give you a refund of the losses you might make on your first bet up to 15,000 rupees. In that case, you don’t have to worry about losing your first-ever bet when you join an online sportsbook.

Deposit Method Bonus Offer

Interestingly, some superior quality betting sites offer deposit bonuses when using specific deposit methods. You need to pay attention to the available promotions to find out if such offers exist.

Usually, sports betting sites use deposit method bonus offers to encourage punters to use specific payment methods. A good example would be a special bonus for players when they deposit using newly introduced payment methods such as cryptocurrencies.

Reload Bonuses for Existing Sports Bettors

Sticking with a sports betting site comes with its own benefits, including getting more deposit bonus deals. Reload bonuses are among the incentives you can claim at Indian sportsbooks when you use many of the deposit methods listed here.

Whether you use e-wallets, bank transfers, cryptos, debit cards or credit cards, you can always make the most of reload offers. As the name applies, a reload bonus is awarded when you re-load funds into your betting account. Keep in mind that a minimum deposit amount may be needed to claim a reload bonus.

VIP Rewards for Loyal and Regular Depositors

Top betting sites for Indian players will acknowledge their loyal members through loyalty or VIP rewards. Loyalty programmes typically allow you to accumulate points based on your betting activity. The aim is to acquire as many points as possible so you can redeem them for prizes such as free bets and cash prizes.

On the other hand, a VIP club gives you a chance to move from one level to another according to your achievements. You want to reach the highest ranks possible to collect the biggest VIP perks. And one way to do this is by using payment methods to deposit money regularly. Your VIP prizes may include free bets, cashback offers and no deposit bonuses.

Bonus Codes for Unlocking Betting Deposit Bonuses

Before claiming any deposit bonus offer, it’s essential to establish the steps you need to follow to get the bonus. Some deposit bonuses for sports bettors will require you to provide a bonus code. Don’t worry about that because we will let you know if you need promo codes to redeem bonuses at the betting sites listed here. If the offer requires a code, you just need to input the code when requested.

Even though deposit bonus codes are required, you don’t need them to claim all types of bonuses. Many betting sites will just credit free bets and other betting bonuses immediately after registration. Therefore, you don’t need to waste time looking for bonus codes to enter. The other option if you can’t figure out how to get your free bets is to contact support for assistance.

Contact Support if You Have Difficulty Using a Betting Payment Method

Excellent customer support is one of the key factors we consider when looking for the best betting sites in India. Since we only list the leading bookmakers, you can expect quality gambling services. But sometimes, things may not work as expected, and you might need help. A good example is when you have trouble using a payment method to deposit or withdraw money from your betting account.

If you face any problems with online betting payment methods, the first place you can look for help is the FAQ section. However, the most effective method to resolve serious issues is to contact the customer support team.

All sports betting sites recommended here offer one or several communication channels operated by knowledgeable customer support agents. You can get in touch via the live chat feature, email message or make a call. Hopefully, your issue will be solved in time so you can start betting with your deposit or cash out your winnings fast.

Tips to Consider When Using Payment Methods at Betting Sites in India

Now that you have learned about the various deposit methods you can use at online betting sites, it’s time to know what to avoid! We want you to have the most memorable gambling experience ever, so here are some tips to keep in mind to prevent time-wasting or costly mistakes:

  • Do not use another person’s payment card or any other payment method that does not belong to you.
  • Always provide the betting site operator with the right information to make it much easier to verify your account details.
  • Keep in mind that not all payment methods qualify for deposit bonus offers because there could be payment restrictions.
  • You shouldn’t ignore the minimum deposit amount needed to claim a welcome bonus and other promotions that require a deposit.
  • Since some Indian betting sites do not accept Indian rupees, be sure to check the conversion fees before joining.
  • Last but not least, create a betting budget and stick with it no matter what so you can gamble responsibly.

FAQ

The leading betting sites in India support different types of widely accepted payment methods. They include e-wallets, credit cards, debit cards, cryptocurrencies, bank transfers, Net Banking, PhonePe, Google Pay, MobiKwik and many more.

It will depend on the payment method you are using. Most betting sites that accept e-wallets, bank cards, bank transfers and cryptocurrencies will let you use them for deposit and withdrawal transactions.

Different payment methods have varying transaction speeds, but almost all of them provide instant deposits, except for bank transfers. E-wallets and cryptos are the best when it comes to speeds. However, debit cards, credit cards and mobile banking apps may also offer instant deposits.

With so many different betting sites to choose from, you can claim all sorts of betting bonuses. Reputable sportsbooks in India offer welcome bonuses, free bets, risk-free bets, reload bonuses and VIP rewards, among other promotions. They have both new and existing players in mind.

No. Online betting sites can exclude certain payment methods from deposit bonuses. In most cases, you will find that you cannot claim a deposit bonus offer if you deposit using e-wallets.

It will depend on the type of bonus you claim and the bookie you use. If you join a betting site that offers sports betting and online casino games, you might get an all-inclusive bonus. A good example, in that case, would be a match deposit bonus for all new players.

Yes, many betting sites in India are now accepting cryptocurrencies for deposits and withdrawals. The most common options so far include Bitcoin, Ethereum, Litecoin, Ethereum, Ripple, Dash and Dogecoin.

No. Online betting sites usually award free bet promotions in the form of free bet credits after depositing. So, you can only use your free bets to place wagers. And the only way to benefit is by winning with the bonus and meeting the bonus terms and conditions.

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