12 Highest Paying Betting Sites in India for Maximum Payouts (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!

12 Best Payout Betting Sites

  • Maximum payout limit of ₹8.2 crores ($1,000,000)
  • 100% Parlay bonus
  • Fully loaded Analytics Centre for stats-based outcomes

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Parimatch
MAIN FEATURES
In-Play Betting
Live Chat
Stats
INR
Hindi
24/7 Support
Mobile app
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Fast payout speed
  • Maximum payout limit of ₹1.06 crores (£100,000)
  • 25% Crypto bonus up to ₹50,000
  • Swift payouts

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Fun88
MAIN FEATURES
Betting Exchange
In-Play Betting
Live Chat
Stats
INR
24/7 Support
Mobile app
Bitcoin
Fast payout speed
  • Maximum payout limit of ₹1 crore
  • Weekly raffles of ₹60 lakh
  • Quick cash-out option

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Stake
MAIN FEATURES
Live Streaming
In-Play Betting
Live Chat
Stats
INR
24/7 Support
Mobile app
Bitcoin
Fast payout speed
  • Maximum payout limit of ₹90 lakh (€100,000)
  • VIP program offers chance to win ₹4.5 lakh monthly
  • Regular odds boost + ‘Incoming Bets’ feature to mirror bets

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20Bet
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INR
Hindi
24/7 Support
Mobile app
Bitcoin
Fast payout speed
  • Maximum payout limit of ₹90 lakh (€100,000)
  • Special bonus for losing bets
  • 24/7 Support + Live stats

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22Bet
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Fast payout speed
  • Maximum payout limit of ₹90 lakh (€100,000)
  • Up to 100% acca boost
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PlayZilla
MAIN FEATURES
In-Play Betting
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Stats
INR
24/7 Support
Bitcoin
Fast payout speed
  • Maximum payout limit of ₹58 lakh (€65,000)
  • Convenient registration via phone + one-click
  • Dedicated results + statistics section

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BETWINNER
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Fast payout speed
  • Maximum payout limit of ₹54 lakh (€60,000)
  • 100% Refund on accas
  • Best-in-class acca betting odds

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Fast payout speed
  • Maximum payout limit of ₹45 lakh (€50,000)
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1xBet
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Hindi
24/7 Support
Mobile app
Bitcoin
Fast payout speed
  • Maximum payout limit of ₹45 lakh (€50,000)
  • Daily rewards up to ₹10 lakhs
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10CRIC
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In-Play Betting
Live Chat
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24/7 Support
Mobile app
Bitcoin
Fast payout speed
  • No maximum payout limit
  • 100% Free bets on acca bets
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Bluechip
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24/7 Support
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Fast payout speed
  • Maximum payout limit of ₹45 lakh (€50,000)
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Fast payout speed

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’.

A screenshot showing the betting rules on 1xbet desktop

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: THINGS 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. Highrollers 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.

Top 5 Highest Paying Betting Sites: Reviewed

1. Parimatch

Parimatch welcome offers on website

Along with a feature-packed app, top-notch UI, and no-limit deposits via BTC, Parimatch offers an incredibly high maximum payout limit of 1 million USD (₹8.2 crores, approximately).

To make the deal sweeter, Parimatch has 128-bit encrypted secure payments, high-value tournament-specific promos, and options to place live and pre-match accumulator bets—all of which combined make Parimatch one of the top five highest paying betting sites with the perfect environment to bet big!

PARIMATCH PROS
  • Offers high customisation in acca bets
  • Speedy app with easy navigation and low downtime
  • Unlimited maximum deposits via cryptocurrencies
  • Dedicated stats section
PARIMATCH CONS
  • No significant permanent bonuses
  • Occasional tech glitches

2. Fun88

A screenshot from Fun88 website showing the welcome offers available

Fun88 is a leading bookmaker renowned for its top-notch cricket betting exchange. It delivers on the payout front too, with a maximum payout limit of £100,000 (₹1.06 crores, approx). The bookmaker also features a storied VIP programme where members get higher betting stake limits, quicker withdrawals, loss refunds, and 2-3% weekly deposit bonuses—a significant amount for high-rollers!

FUN88 PROS
  • In-house cricket betting exchange
  • Top-notch VIP program
  • 24/7 customer support across WhatsApp, Telegram, Email
FUN88 CONS
  • No livestreaming facility
  • Limited variety of India-specific withdrawal methods

3. 10CRIC

10cric welcome offers on website

10CRIC is a bellwether of the online betting industry and is a clear favourite among punters for its laser-sharp focus on India and the Gentleman's Game.

While its maximum payout limit of €50,000 (₹45 lakhs) is slightly disappointing for its stature, the bookmaker doubtless offers the most favourable betting odds across markets, especially for top-tier cricket competitions like the Indian Premier League, coupled with a comprehensive match-tracking and stats section that helps you place bets on the go.

10CRIC PROS
  • Extensive variety of cricket events
  • Best betting odds
  • Brilliant stats section that helps while betting live
  • High-performance mobile app that replicates the web experience
10CRIC CONS
  • No livestreaming option
  • Live chat features only automated responses

4. 1xBet

1xbet welcome offers on website

1xBet offers the full range of features for high-rollers and casual bettors alike. Already popular as a betting site with a low minimum deposit of just ₹90, 1xBet has a reasonable maximum payout limit of €50,000 (₹45 lakhs).

While the bookmaker's maximum payout limit is not too high, the presence of convenient features like 50+ payment methods, quick deposits and instant withdrawals, and arguably the broadest range of markets make it a ripe choice to stake big money!

1xBET PROS
  • Several payment options for withdrawals under 15 mins
  • One-click quick registration
  • Exclusive promo code store + VIP program
1xBET CONS
  • Cluttered UI impacts the overall betting experience
  • Livestreaming available for selected tournaments only

5. Stake

A screenshot of welcome offers available on stake website

Admired for its acceptance of multiple cryptocurrencies, Stake has our clear thumbs-up for setting a maximum payout limit of a whopping ₹1 crore.

While the bookmaker certainly has a few areas to improve, such as introducing more variety to its betting markets, launching a mobile app, and coming up with long-term cricket-specific promotions, it has come a long way and has strong fundamentals like secure payments, cash-out options, prompt customer support, and competitive odds. All these factors make it an ideal choice for betting with high stakes!

STAKE PROS
  • Wide variety of crypto payment options
  • Limited but high-value promos
  • Offers cash-out for bets
STAKE CONS
  • Accepts only crypto and UPI as payment options
  • No mobile app
  • No customer support via call

Maximum Payout vs. Maximum Stake Limit

Maximum payout and maximum stakes are often used interchangeably; however, they are not the same. Let's look at it in more detail:

  • Maximum stake refers to the maximum amount that you, as a punter, can bet on a particular event. Bookmakers set stake limits for each market, depending on the expected betting volumes and odds.
  • Maximum payout refers to the maximum amount that high-limit betting sites would pay to you if you won a bet, regardless of the bet amount (or stake).

The main objective of enforcing maximum stakes is to ensure responsible gambling. The feature is more customer-centric and aims to prevent uncontrolled betting, as uncapped stakes may lead to massive losses for the bettor if the wager does not turn in your favour.

On the other hand, the main objective of maximum payout is to limit the bookmaker's losses in cases where high-stake rollers are having a good run and winning back-to-back bets of big money.

How is Maximum Stake and Maximum Payout Connected?

While the two features operate independently, they are inherently linked as they help manage risk and ensure financial stability for both punters and the INR betting site.

Maximum payout limits indirectly influence maximum stake limits, as the latter being very close to the maximum payout (keeping in mind the multiplier effect of the odd) is not practical, and punters can sooner or later call out this unethical business practice.

For example, consider a situation where the maximum payout limit for an India vs. Australia match at a particular bookmaker is ₹50 lakh. Now, suppose the odds for India to win are 4.0, and the maximum stake is set at ₹30 lakh. You bet on India ₹30 lakh, and India wins. In this scenario, your payout will only be ₹50 lakh, despite the actual calculation being ₹1.2 crore.

You could have received the same payout even by betting with a stake of ₹12.5 lakh (formula below).

Maximum Stake = Maximum Payout / Odds for the Event

 

However, some bookmakers might state this unreasonably high maximum stake limit to make money off of punters who lose this bet, because if you lose, the operator pockets an extra ₹17.5 lakh (₹30 lakh – ₹12.5 lakh). However, with the above formula, you can easily calculate a practical maximum stake limit so that you do not end up putting more money on the line than necessary.

How to Get a Maximum Payout: Tips & Strategies

Now that you have a fair idea of what a maximum payout is, let’s go a step further and understand two accomplishable strategies to bag the maximum payout amount:

Accumulator Betting

Accumulator (or acca) betting combines multiple events together to form a single wager. Leading bookmakers allow you to club several events of your choice (for example, India to win, Rohit Sharma to score a century, and Mohammed Shami to pick more than two wickets) into a single bet slip, which translates to much higher odds than what you'd get on a traditional bet.

Our advice before you bet on accumulators is to: be as detailed and extensive in your research as possible; have prior betting experience in the markets you are combining; and, of course, hunt for value in the odds.

To better understand how accumulators can help you achieve maximum payouts, here are three core features of acca bets that you must know:

  • Combines different events: Acca bets combine multiple events—each event is called a ”leg'—from within the same match or different matches to make a single bet. However, you may find that a few of the highest paying betting sites only accept events from the same match.
  • Multiplication of odds: This is where the real magic happens. For example, you have three events with odds of 2.5, 4.0, and 3.0 in your bucket list. Now, if you bet ₹1,00,000 on each of these events individually and win, your winnings would be ₹9.5 lakhs. How? ₹1 lakh * 2.5 + ₹1 lakh * 4.0 + ₹1 lakh *3.0. With acca betting, the events would be clubbed into a single bet slip, and the resultant odds would be a multiplication of the odds for the three legs, i.e., 2.5 * 4 * 3 = 30. Therefore, if you stake ₹1,00,000 on an acca bet and win, your winnings would be equal to ₹30 lakhs.
  • High risk: Accas are inherently risky and require thorough research. That’s because, if you are to win the acca bet, all the legs should turn in your favour. Even if one of the events loses, you lose the entire bet! While some of the best payout betting sites do provide the option of an each-way acca bet, the odds get reduced, and you won’t enjoy the full potential of the odds multiplier.

High-Stakes Betting

High-stakes betting involves selecting a market with competitive odds and staking a significant sum of money in it with the intention of making a big buck if the bet turns in your favour. Truth be told, wagering on singles bets with low stakes can never get you close to the maximum payout range (unless you throw in an acca with high odds and win it). Which means if you want to take home maximum payouts, you need to stake big.

However, always remember that real-money betting has an inherent risk. Thus, please always bet only what you can afford to lose without hurting your finances. Here are a few important things to remember during high-limit sports betting:

  • Ensure you only ever play with reputed and reliable betting sites. The table at the beginning of this article only features vetted and background-checked bookmakers. You can also check out our in-depth bookmaker reviews before choosing your preferred platform.
  • You must avail of the best sports welcome bonuses for new players, as these give you the headstart necessary for pocketing big wins.
  • Apart from this, please also search for long-term and big-money betting promotions like deposit bonuses, free bets, and boosted odds to amplify your high-stakes betting efforts.
  • Always cross-check the maximum bet limit or maximum stake on certain markets during high-octane matches where you plan to make live bets, as bookies often change the limits for such events.
  • Check out our library of some of the most generous VIP / loyalty programmes for high-stakes bets. VIP benefits include instant withdrawals, benefits on subsequent bets, cashbacks on lost bets, a dedicated account manager, and more.
  • Since there's big money involved, always go for a betting site with prompt customer support and resolution.

CricketBettingAdvice Final Say

By now, we hope you know what a maximum payout limit is and why knowledge of it is crucial to ensuring success when you are betting with the intent to make big money. In essence, it’s just a technical aspect, but one that can make a huge difference when it comes to structuring your budget and deciding on the stakes.

Moreover, we’ve discussed some of the best payout betting sites and achievable strategies to hit that max payout. Each bookmaker has been added only after an in-depth review by our team and is 100% reliable, secure, and genuine.

Last but not least, always look for value and only bet what you can afford to lose. And as always, bet responsibly.

Highest Paying Betting Sites Resources

For more information on Highest Paying Betting Sites, check out the below resources.

  1. International Cricket Council (ICC): The governing body for cricket with information on various tournaments like the Cricket World Cup, T20 World Cup, and ICC Champions Trophy.
  2. ESPN Cricinfo – Cricket Schedule: Provides a comprehensive schedule of upcoming cricket matches and tournaments.
  3. BBC Sport – Cricket: Provides cricket news articles, potentially including discussions on the impact of betting on the sport.

Highest Paying Betting Site FAQs

What is a maximum payout limit?

This refers to the maximum bookies payout in cash for a single bet. Several of the best-payout betting sites may even have different payout limits across sports. In India, sports with high betting volumes, like cricket and horse racing, typically have higher maximum payout limits compared to ice hockey. In many cases, the limit often varies across different events in the same sport.

How can I get such information about payout limits?

The majority of the highest paying betting sites recommended in the article have stated this information on their websites as part of their ‘Terms & Conditions’ or ‘General Betting Rules’ sections. However, if you cannot find the max payout limit, contact customer support, and they will guide you through it.

Which betting site has the highest payout limit?

We have covered 12 of the best payout betting sites in this article and mentioned their limits too. Among them, websites like Parimatch, Stake, and 10CRIC are the three bookmakers with the highest maximum payout limits, along with a range of India-friendly payment methods. If we talk about the bookmakers with the highest stake limits, sites like Stake accept bets of up to ₹5 lakhs. However, as we have mentioned before, the maximum stake limit might change from one market to the next, so it’s best to check it when betting.

What happens if I win a bet that exceeds the maximum payout limit?

No matter how much you win, the bookies’ maximum payout remains the same, and you won’t be paid more than that. If you are wondering how bookies pay out big wins like these, rest assured. They plan such situations well in advance and pay out the winnings in parts or at once.

Are the maximum stake and maximum payout the same?

The maximum stake and the maximum payout are two different concepts. The former refers to the maximum amount of money that you can stake on a given market, while the max payout refers to the maximum amount that the bookmaker will pay if you win.

What happens if I place an accumulator bet on events with different maximum payout limits?

This will depend on the highest paying betting site in question.

What is the maximum stake? How do I calculate maximum stake amounts?

It is the maximum amount of money that you use on a particular bet. You can find this information by contacting customer support, and some bookmakers even mention it on their bet slips. However, if you'd like to calculate an approximate maximum stake, you can do that by using the formula: Max. Stake = Max. Payout / Event Odds.

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