Best Betting Payment Methods Accepted by Betting Sites in India 2020

Top 20 Betting Sites with Best Betting Payment Methods

  • Consistently offer high-value odds
  • Reliable mobile app
  • Numerous payment methods, including bitcoin
  • Up to 10,000 match bonus with promo code: indiabet
  • Live streaming
  • One-click bets
  • Up to 2,500 bonus
  • Booster Bets
  • UFC markets
  • Bet 1000 get 3000 free bet
  • Big Bash promotions
  • Bet Builder tool
  • Money back as a free bet when your first bet loses & matched deposit up to 2500
  • Unique markets
  • In-play statistics
  • Welcome bonus up to 10,000
  • Huge market range
  • Enhanced specials
  • €50 bet credits
  • Live streaming IPL
  • Big market range
  • Cashback deposit bonus
  • Vast range of sports
  • Instant PayPal & NETELLER withdrawals
  • Weekly free bets over Christmas
  • Instant deposits and withdrawals
  • Daily promotions
  • 100% bonus up to 8,000
  • Loads of European sport markets
  • Massive selection of betting payment methods
  • 100% up to ₹20,000 Bonus
  • Esports
  • Great cricket markets
  • 10,000 Welcome bonus
  • Cricket promotions
  • Boosted odds
  • 100,000 Welcome bonus
  • Great cricket odds
  • Live Virtual Statistics board
  • Up to 80,000 First deposit bonus
  • Weekly rewards
  • Winter sports markets
  • Superprize bonus
  • Huge sport selection
  • Loyalty programme
  • Up to 8,000 Welcome bonus
  • Wrestling markets
  • International lottery markets
  • Welcome bonus up to 5 BTC
  • Giant cricket markets
  • Bitcoin bookmaker
  • 100% First deposit bonus
  • Schematic dartboard during live darts
  • In-depth live statistics
  • £20 Deposit for £10 bet
  • Loyalty programme
  • Seriously good odds
  • Bet £10 Get £40
  • Live streaming
  • Over 30 sports

Top 5 Betting Sites with Best Betting Payment Methods

  1. Marathonbet
  2. MELbet
  3. Betway
  4. ComeOn!
  5. 22Bet

The Best Payment Methods for Online Betting

With so many payment solutions available, we understand it can be difficult to know which to choose. To help you out, we've put together a comprehensive list of the best betting payment methods for online betting in India.

Firstly, however, you’ll need to weigh up your needs against the features of each betting payment method. We strongly suggest signing up with a site that allows you to bet in Indian Rupees to avoid any conversion fees. In addition, you should prioritise your privacy requirements, betting habits, financial means, and tech savviness when deciding the best betting payment method for you.

Best Betting Payment Methods

Betting Payment Methods Reviewed

Paytm

Paytm is the very first Indian-owned and developed e-commerce payment system. The biggest betting sites in India accept Paytm, which means it can be used to make deposits ahead of your favourite cricket, tennis and other sporting events. It can be used as either a full e-wallet or as a UPI to make payments.

Like the Rajdhani Express, Paytm is incredibly fast when making deposits or withdrawals. Moreover, there are no fees when making a betting site payment! Paytm is PCI DSS compliant, and never stores your bank card's CVV number. You’ll also benefit from 128-Bit SSL encryption for all transactions. Paytm have also imposed a wallet app password, so that your account will be protected if your smartphone is lost or stolen.

Verifying your Paytm account couldn’t be easier. Simply have your Aadhaar number handy or send the necessary documentation to show proof of identity and proof of address. There are no transaction fees imposed by Paytm when making deposits or withdrawals at online betting sites, but some operators charge a withdrawal fee after a certain number of withdrawals have been made.

We recommend 10CRIC, Betway, and Casumo as the best Paytm betting sites.

Cryptocurrency

When the Indian government lifted the ban on the trading of cryptocurrencies, they quickly became favoured methods of payment for online sports betting. It's not hard to see why – using a digital currency is the best way to protect your identity, as it is the most anonymous form of payment. Currently, Bitcoin is the most common and widely accepted form of cryptocurrency at online betting sites. 

Cryptocurrencies are a new form of decentralized currency that leverages advanced blockchain technology to be fully transparent, anonymous, and immutable. Cryptocurrency technology has proven to be near-impossible to hack and is unmodifiable, making it the most secure form of payment for Indian punters and bettors all over the world.

Cryptocurrency punters benefit from the lowest fees of any of the best betting payment methods, along with instant deposits and the highest security of any digital payment. Major betting sites have made it incredibly simple to bet on cricket and other sports with Bitcoin. Payments can be made directly from your crypto wallet, and will arrive in your betting site account instantly.

We recommend bet365, Betway, and LeoVegas as the best cryptocurrency betting sites.

Skrill

Skrill is one of the fastest and easy-to-use digital payment methods for online betting sites in India. It is a digital e-wallet system that allows Indian users to set up accounts in INR and make hassle-free deposits at their favourite online betting sites. There are no currency exchange fees since INR is accepted, which greatly simplifies the transaction process.

Skrill accounts can be opened for free and require a straightforward verification process. Send the usual KYC documents and you’ll be up and running in 1-2 working days. With two-factor authentication provided as an additional layer of security, Skrill makes for a highly secure payment solution. 

You can use Skrill for absolutely no charge, so long as you carry out at least one transaction a year. Unfortunately, however, many betting sites will not consider Skrill to be eligible for bonuses and promotions.

We recommend ComeOn!, 22Bet, and bet365 as the best Skrill betting sites.

NETELLER

Highly prolific and increasingly popular in India, NETELLER is an e-wallet payment service accepted by many online betting sites. NETELLER offers one of the most efficient ways to make deposits and withdrawals at online betting sites in India. Additionally, a wide range of security features together with two-factor authentication makes your account near-impossible to hack.

The NETELLER mobile app has been perfectly optimised for betting site payments, and the six unique VIP programmes on offer reward users for their loyalty and extensive use. VIP privileges include lower fees, higher payment limits, and even a dedicated account manager. Depositing funds into your NETELLER account is very easy; for more on this, check out our guide on how to deposit money into your NETELLER account. We have also detailed how to withdraw money from NETELLER to cover both ends. 

Unfortunately, like other e-wallet services, many betting site operators in India will exempt NETELLER users from bonuses and promotions. Furthermore, withdrawals are sometimes a little slower than other e-wallets, and NETELLER do charge some small transactions fees. 

We recommend ComeOn!, 22Bet, and BETWINNER as the best NETELLER betting sites.

PayPal

Globally recognised as one of the biggest and most popular payment services, PayPal is an online service for making fast and easy payments at betting sites in India. Users of PayPal benefit from zero fees, zero service charges, and no annual charges. That means PayPal is free to use at online betting sites in India.

Although you need to have a bank account linked to your PayPal account, your banking details won't be disclosed when making and receiving payments at online betting sites. Any personal information cannot be hacked, and you won’t have to expose that sensitive data to a third party.

You will, however, notice low payment limits and a lengthy verification process. One other drawback of PayPal is that many operators will exempt you from bonuses and promotions. 

Despite its few disadvantages, fast payment speeds and high-level security make PayPal a leading payment choice by Indian punters!

We recommend Royal Panda, Funbet, and 10CRIC as the best PayPal betting sites.

UPI

We couldn't possibly omit Unified Payments Interface (UPI) from this list. Backed by the Indian government, UPI is a real-time payment system  that has become rather popular. It was developed by the Indian National Payments Corporation, and allows Indian citizens to make digital transactions using their own bank accounts.

UPI was only launched back in 2016, but thankfully, bookmakers in India were pretty quick to adopt the betting payment method. Many leading betting sites in India accept UPI, and it can be used to make both deposits and withdrawals.

You’ll need to download the Bharat Interface for Money (BHIM) app in order to make a deposit at a betting site, or you can simply use the web browser. You can set up your UPI account quickly by creating a Virtual Payment Address following a familiar verification process. Once set up, deposits couldn’t be easier.

Since withdrawals are still not supported for a few digital services, UPI has emerged as a popular method in India. Making a withdrawal with UPI is very simple, and you’ll only need your UPI pin number to complete the process. UPI withdrawal limits vary between ₹10,000 and ₹100,000, depending on which bank you are with.

We recommend MELbet, BETWINNER, and ComeOn! as the best UPI betting sites.

Google Pay

Google Pay is a free digital payment service that is perfectly equipped to make fast and safe payments at betting sites in India. Users of Google Pay will benefit from instant deposits and exclusive Google bonuses. This service does not incur any fees or charges, so you can enjoy Google Pay for free.

Although the number of betting sites in India accepting Google Pay is increasing, one drawback of this payment method is that it does not currently support withdrawals from Indian betting sites. So, if you want to make a withdrawal, you’ll simply need to use an alternative method that is featured in this very list.

Security is a big priority for Google, and it shows in their security features. The expansive security features include an advanced machine learning technology that identifies instances of fraud, multi-factor authorisation, and one-time virtual account number generation. Google Pay will never sell your transaction history to any third-party entries, so your privacy will remain intact.

We recommended 10CRIC, Betway, and Casumo as the best Google Pay betting sites.

Visa & Mastercard

If you want to keep things simple, you can’t go wrong with sticking to your standard debit or credit card. Visa and Mastercard are the most accepted forms of card payments around the world and at Indian betting sites.

Making deposits and withdrawals with Visa and Mastercard is the easiest thing in the world to do, and almost every betting site in India supports traditional card payments. When using Visa and Mastercard, there are no added sign-ups or operator fees. You simply input your card details at the cashier section of your favourite betting site and you’re ready to go!

That being said, you'll need to bear in mind that anonymity will be sacrificed when using a Visa or Mastercard card for payments. You’ll have to provide your betting site operator with your card details, and your personal details are linked to that card. While major betting sites do operate with the highest levels of security, a bank or credit card is arguably the most at-risk payment type for fraud and digital theft.

Withdrawal times usually take a couple of days, but most betting sites will offer instant deposit times. Visa and Mastercard users will always have access to any betting site bonuses and gain benefits from their credit card's particular rewards schemes. Privacy-conscious customers will benefit from Visa & Mastercard prepaid cards too.

We recommend 10CRIC, Betiton, and Sportsbet.io as the best Visa & Mastercard betting sites.

PhonePe

The Indian market has certainly been making some waves in the realm of digital financial services. PhonePe is an Indian digital payment application that has grown to over 250 million users, and is conveniently available in more than 10 Indian languages.

This payment service is UPI-based and is absolutely free to use. PhonePe is regulated by the Reserve Bank of India, so you can rest assured that the application is reliable and trustworthy. The wonderful team at PhonePe are always working on fraud prevention initiatives, and even collaborate with law enforcement agencies to prevent cyber-crime. All accounts and transactions are undergo a validation process, while all logins are validated with a One-Time PIN (OTP), so only you can access your account.

There are zero deposit fees, and PhonePe is very simple to use. You can choose to fund your PhonePe account through UPI, debit & credit card, or even via an external e-wallet. As an Indian digital payment method, transactions are all conveniently carried out in Indian Rupees.

We recommended 10CRIC, bet365, and MELbet as the best PhonePe betting sites.

AstroPay Card

AstroPay is one of the oldest virtual card options available to India players to make betting site payments. It's a fantastic solution for punters who do not wish to use a credit or debit card linked to their actual bank account. Advantageously, AstroPay allows Indian users to make betting site payments without disclosing their personal banking information to a third party.

Users of an AstroPay virtual card benefit from instant money transfers, extensive acceptance across betting sites around the world, and total flexibility including payments in INR. Not only is AstroPay an accepted form of payment for betting site bonuses, but some operators even offer exclusive bonuses for AstroPay users.

AstroPay is one of the most secure payment options in India, and as a disposable card, there are far fewer risks of fraud and theft. Your personal information is not stored on the card, as it is virtual, and therefore you are not at risk of having your personal banking details exposed. Unlike some virtual cards, AstroPay can be used for withdrawals too.

We recommend Sportsbet.io, 22Bet, and Royal Panda as the best AstroPay betting sites.

paysafecard

Resulting from the Skrill acquisition of Ukash in 2013, paysafecard may look familiar to seasoned Indian punters. In fact, Ukash users will notice a lot of similarities that may make this betting payment method the prefect choice for them. paysafecard is a widely accepted prepaid online payment method, available in the form of vouchers that act independently of a bank account, making it totally anonymous.

paysafecard voucher can be purchased for your chosen amount from a local retail outlet. Your voucher will come with a unique 16-digit PIN that you will need when making a deposit at an online betting site.

While the voucher is reusable, it cannot be used to make withdrawals. If anonymity is your reason for using a paysafecard, you’ll need to use an e-wallet option that will protect your personal information. However, it is also worth noting that some betting site operators in India will exempt paysafecard users from welcome bonuses.

We recommend bet365, 22Bet, and ComeOn! as the best paysafecard betting sites.

NetBanking

NetBanking, or Bank transfer, is a payment system in India that utilises National Electronic Fund Transfer technology to make deposits through local Indian banks. This process is free and fast, without any limitations imposed by local banks. You’ll need to bank with one of the many accepted Indian banking establishments, such as ICIC Bank, HDFC Bank, Axis Bank, and many others.

The payment gateways between your bank and third parties is secured and coupled with your One-Time PIN (OTP), meaning there is very little chance of fraud. NetBanking supports withdrawals too, and the process is just as simple as a deposit. Your first withdrawal will take a little longer, though, since you’ll need to validate your account to protect against fraud and underage gambling.

NetBanking is a highly convenient and hassle-free payment method if you’re happy just sticking to arranging all your betting payments with your specified local bank in India. With over 150 local banks and most of the best betting sites in India allowing NetBanking transactions, this is one of the easiest ways to get into online sports betting.

We recommend Sportsbet.io, 10CRIC, and ComeOn! as the best NetBanking betting sites.

Geo-restrictions apply. You must have a funded account or to have placed a bet in the last 24 hours

Basic Deposit Process

Deposit methods for the various best betting payment methods will vary depending on payment type and betting site operator. However, most follow a very simple process. To help you out further, we’ve outlined the basic steps to making a deposit with these betting payment methods below. 

  • Once you have signed up to your favourite Indian betting site and validated your account, you’ll need to deposit some funds. Make sure your chosen betting payment method is topped up and ready to go. Also be sure to check the minimum and maximum deposit limits of your payment method and betting site operator (this is where low deposit betting sites come in handy). 
  • Simply navigate to the cashier section of the betting site and select deposit. Choose your preferred deposit payment method and continue.
  • After you choose a deposit amount, follow the prompts that appear, such as card details or a PIN. You might also be directed to an app associated with your payment type.
  • Follow the basic prompts and confirm payment. Most deposit methods are instant, and you’ll be able to place a wager on your favourite sport matches straight away! 

Basic Withdrawal Process

You’ve made your first deposit, picked up a big win backing Chris Gayle to hit the most sixes, and now you'd like to get your hands on your winnings. To do so, you’ll need to make a withdrawal. Depending on your deposit payment type, you may need to choose a different betting payment method to make a withdrawal.

All the same, most withdrawal methods follow a very similar process, which we have outlined below for your convenience.

  • Make sure you’ve fulfilled the requirements of any bonuses you may have accepted, and check the required minimum and maximum withdrawal limits.
  • Once again, navigate to the cashier section of your betting site and select withdraw. Choose your preferred withdrawal method and choose an amount to withdraw.
  • Follow the prompts again. If this is your first withdrawal, you may be required to verify your account. You’ll require some basic documentation for this, which will increase the processing time of your first withdrawal by a few days.
  • Once verified, enter the required details of your payment type, such as PIN, OTP, or card details.
  • Confirm the payment, and you should receive your payment within 24 – 72 hours for most withdrawal payment methods.

The Best Betting Sites With the Best Payment Methods

Our selection of the 20 best betting sites with the best betting payment methods can be found in our table above. However, to help you make an even more informed decision, we’ve also gone ahead and identified three of the very best betting sites in India that accept the best payment methods.

BETWINNER

When it comes to betting payment methods, BETWINNER has almost everyone covered with a huge selection of payment solutions, such as Skrill, AstroPay, Cryptocurrency, and many, many more. This bookmaker also offers some of the best odds available to Indian punters, and their range of sports is something to behold.

Besides fantastic cricket markets, BETWINNER offers a generous range of European sports to bet on, such as rugby, football, and handball. You'll find great coverage on long-term bets too, where you can wager on the winner of almost every global football league you could think of.  There are also niche sports available – even fans of biathlons and alpine skiing are covered!

Cryptocurrency enthusiasts will be truly impressed, with over 25 crypto payment methods to choose from. The minimum deposit limits for all payment types are low, and there are no services charges of any kind. Moreover, BETWINNER punters benefit from instant deposits and 15-minute e-wallet withdrawal processing times.

ComeOn!

With almost as many sports as Virat Kohli has ODI centuries, ComeOn! is an Indian favourite that has few rivals. ComeOn! offer plenty of betting payment methods for Indian punters, and feature payment guides targeted at new Indian users. The user-interface is also one of the sleekest and responsive dashboards of any Indian betting site.

Want to bet on Australian, British, or even Irish politics? ComeOn! has got you covered. They also cover some great niche sports such as Gaelic football and winter sports. ComeOn! is highly cricket-focused too, with cricket boost bets, superodds, and other specials available.

A great feature from ComeOn! is their live results portal that showcases current in-game scores and the status of the match. There are tons of head-to-head statistics on offer, and ComeOn! will even offer a prediction of the day's play.

MELbet

MELbet offer, without a doubt, one of the best betting packages of any online betting site in India. Not only do they cater for some of the most popular sports from around the globe, but they also feature exciting regional sports such as Kabaddi. Furthermore, the range of betting payment methods accepted include NETELLER, Paytm, Bitcoin, and traditional credit cards.

This bookie is the perfect betting companion for Indian punters with their finger on the pulse. Live betting at MELbet is all about timing – use their one-click bet and cash out features to time your bets for maximum profit! Statistics are updated in real time, and will keep punters informed both before the match begins and throughout the duration of the action.

Live streaming is one the major draws of using MELbet for your betting needs. You'll be able to enjoy unrestricted access to the biggest matches, sometimes even when a live broadcast isn’t present anywhere else! Even if a live stream isn’t possible, MELbet make sure to enhance your betting experience with live graphical charts to keep track of the match.

The Best Cricket Betting Site With the Best Betting Payment Methods

One of the biggest reasons that punters sign up to a betting site in India is to wager on exciting cricket matches from around the world. We’ve compiled a list of the 3 best cricket betting sites for Indian punters for your consideration.

10CRIC

10CRIC has become recognised as the veritable home of cricket betting in India, with huge tournament coverage, hundreds of different markets, and a smooth betting experience on any device. You can use credit cards, e-wallets such as NETELLER, Skrill, or Paytm. Prepaid virtual cards are also accepted, as well as almost every other form of payment available to Indian punters.

While 10CRIC feature over 60,000 different sports, cricket really is where this betting site shines. Customers will be able to bet on cricket leagues from around the world, including Australia, Pakistan, and Bangladesh. You’re certainly covered for international cricket too, with every major Test, ODI and T20 game or league available to wager on. 10CRIC even feature markets for the US Open Cricket tournament!

22Bet

22Bet have one of most vast range of sports on offer of any Indian betting site, but cricket is undoubtedly their strongest market. Featuring the biggest international events and local leagues from around the world, 22Bet is designed for cricket lovers. Want to wager on the New Zealand Ford trophy or the American US Open Cricket league? 22Bet has them all.

For really talented punters, 22Bet offer enhanced specials on weekend accumulator cricket bets, and the cricket markets are filled with variety. You can wager on everything from total runs in a single over to the result of the very first ball of the match, or even the direction of the fist boundary of the day! 22Bet accept a wide range of betting payment methods, and all deposits are instantaneous.

bet365

bet365 could arguably be the best cricket betting site in the world. Featuring leagues from around the world, bet365 never lets the cricket action die. No game today? bet365 has virtual cricket games for you to wager on too! You'll even be able to place a wager on the 2021/22 Ashes series and the 2023 World Cup from now. 

The markets are so expansive at bet365  punters can wager on anything from the chance of a super over to the race for the first 10 runs. 

As for betting payment methods, bet365 accept e-wallets, bank cards, UPI, and many others to make deposits and withdrawals.

Live streaming has always been the biggest draw of bet365, and even caters for the IPL. All you need to do is sign up and make a deposit to enjoy live cricket, no matter where you are! If the game isn’t streamed, bet365 let you watch the game through a virtual display that reveals all the important statistics and scores in real time. 

Best Payment Methods FAQs

What is the best betting payment method for online betting sites?

The best betting payment method is really up to you. It completely depends on your needs as a punter and what process best suits you. However, we think e-wallets such as Skrill and Paytm are the best payment methods because of their high levels of security, anonymity, and ease of use.

What is the best betting site for cricket betting?

While every betting site in India has some great cricket features, we recommend 10CRIC, 22Bet, and bet365 as the very best betting sites for cricket betting.

Which betting site has the best betting payment methods?

We’ve selected MarathonbetMELbet, ComeOn!, and BETWINNER as three of the absolute best betting sites in India, offering the best betting payment methods as well as fast withdrawals. 

What is the most secure betting payment method?

Cryptocurrency betting payment methods currently offer the highest levels of security. However, most e-wallets are extremely safe to use too, and many punters may find them more accessible.

Can I deposit without a bank account?

Yes. Using prepaid disposable card, like paysafecard, enables you to make payments at online betting sites without a bank account. 

Geo-restrictions apply. You must have a funded account or to have placed a bet in the last 24 hours

CricketBettingAdvice Final Words

With so many different betting payment methods accepted at online betting sites in India, you’re sure to find the perfect one to meet your needs. If privacy is your concern, for example, there are many digital solutions such as e-wallets and cryptocurrencies; while if simplicity is your goal, you can simply use your bank or credit card for hassle-free transactions.

For a quick run-down of what's available out there, check out our list of the 20 best betting sites above accepting the best payment methods.

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