12 Highest Paying Betting Sites in India for Maximum Payouts (2024) Last Updated: March 20, 2024 You might be surprised to know that even the best cricket betting sites will cap payouts when you win a high-stakes bet! This is a standard industry practice called maximum payout. In this article, we’ll discuss what maximum payouts are, why these limits exist, and explore some of the highest paying betting sites in India! MOST IMPORTANT INFORMATION Highest Paying Betting Sites Best Payout Betting Sites Maximum Payout Tips Quick links What are Maximum Payout Limits? Why Bookmakers Set Maximum Payout Limits? Top 5 Highest Paying Betting Sites: Reviewed Maximum Payout vs. Maximum Stake Limit How to Get a Maximum Payout: Tips & Strategies CricketBettingAdvice Final Say Highest Paying Betting Sites Resources What are Maximum Payout Limits? The majority of the best payout betting sites specify an upper limit on how much money they will pay when you win a bet. The limit’s usually available in the Terms & Conditions tab or under the General Betting Rules on the bookie’s website. While you will not find the limit explicitly mentioned as ‘Our maximum payout is ₹…’, it can be something along the lines of what 1xBet has published on its website under General Betting Rules, which is ‘The maximum return is limited to €50,000 (or the equivalent sum in a foreign currency) per bet’. Let’s understand the maximum payout with an example. Imagine it’s the ICC World Cup final, where India is playing Australia. Below is a bookmaker’s odds: For India to win: 1.80 For Australia to win: 2.60 While it seems from the odds that India is likelier to win the match, you believe Australia will crack open the World Cup final yet again and take the trophy home. Accordingly, you bet ₹25 lakhs on Australia winning @ 2.60, and you win the bet. The payout should be: ₹25 lakhs x 2.60 = ₹65 lakhs. However, the bookmaker has already specified a maximum limit of €50,000 euros (approx. ₹45 lakhs), so you will only receive that amount and nothing more. Therefore, if you are placing a high-stakes bet, always check the maximum payout limit and set your betting stake accordingly to ensure you don’t bet more than what’s needed. MAXIMUM PAYOUTS: POINTS TO REMEMBER Maximum payouts typically impact high-stakes bettors as the amount runs into lakhs and crores. Different sporting events may have different maximum payouts. It’s usually high for popular sports like cricket, football, and horse racing. What’s mentioned on the website is the highest maximum payout limit. Sometimes, the payout may even vary for different events within the same sport. For example, you can expect a higher maximum payout limit for popular cricket leagues like the IPL compared to domestic competitions like the Maharashtra Premier League. The maximum payout won’t be mentioned on the bet slip in most cases, so ensure you check the Terms & Conditions section for it. Why Bookmakers Set Maximum Payout Limits? Valid question! Let’s understand the reasons in detail below: 1. To Limit Losses Let’s face it, bookmakers are here to make money, just like us punters. They have dedicated teams for various sports and casino games that help them determine how the event might pan out, calculate a profitable house edge (the average gross profit that an operator expects to earn from a specific event), and predict how many bets would be for and how many against a particular event based on customer transaction history and past data. But it’s not a foolproof process, and the actual match outcome can swing in any direction. High-rollers with fat betting wallets running into lakhs and crores can rig the system using their knowledge and reading of the game and bankrupt the bookmaker if there is no maximum payout limit. To avoid such a scenario, betting sites set maximum payout limits, so they can operate without putting their survival in question! 2. To Pay Punters on Time Leading cricket betting apps and sites credit money to your account almost immediately after the betting event ends. The speed of credit often determines the overall experience, and instant withdrawals are a must-have for punters. By setting a maximum payout limit, bookmakers get an idea of how much money they should have in their bank at any time to honour all the wagers placed with them across thousands of events every day. The absence of such a limit will see the operators functioning in an unplanned manner, never knowing how much money they might need to process payouts for each event. 3. To Reduce Probability of Match Fixing Match-fixers often seek to profit from their illicit activities by placing large bets on predetermined outcomes. However, with maximum payout limits in place, the potential financial gain from fixing a match is limited. This diminishes the appeal for would-be fixers, as the risk may outweigh the potential reward they had expected. Now that you know what are maximum payout limits and why they are set by bookmakers, here are our picks for the top betting sites with the highest payout limits.