Payment Methods for Casinos and Sports betting in India
Whether online casino gaming or sports betting, ensuring a safe and secure payment method is essential, especially if you seek to place real-money bets on your choicest sports and casino games.
Top Casino and Sports Payment Methods in India
We will begin with the basics. The most common and comfortable method to send money from your account to another is Bank Transfer.
You will require the IFSC code of the bank, Account Holder Name and Branch Code. When it comes to online casino transactions, you will just need to enter your bank details and the casino will autofill theirs.
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No hassle and easy process
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High level of cyber security
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Deposits are instant and accurate
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Available with 95% of online casinos
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Tax deductions for each transaction
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Processing takes 3-5 business days
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Mandatory verifications are time taking
Famous Online Payment Options for Indians
A Guide to Making Gambling Deposits and Withdrawals in India
Finding the best online payment method is only the first step towards getting your money in and out of a gambling site. The second, and just as important, is knowing how to make your deposits and withdrawals. If you haven’t played at Indian online casinos or sports betting sites before,
use the step-by-step guide below before you start:
How to make the First Deposit?
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Log into your Online casino account. For those who haven’t signed up yet, this will be the right time to do it.
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You will find the ‘Deposit’ button on top of the page or the main menu. It is also mentioned as ‘Cashier’/’Cash Deposit’ in a few online casinos.
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If the Online casino did not prompt you to fill payment method details before, they would do it now. Enter your details and choose the best payment gateway.
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In the respective space, enter the amount (in numbers) you want to deposit.
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When you are done, click on ‘Deposit’ or ‘Proceed’.
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Wait for the money to arrive. This takes minutes for most methods, but bank transfers can be up to 4 or 5 hours.
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The amount will now reflect in your online casino account. However, how fast this happens depends on your payment method again. It can be instant, a few hours or in some cases, even a full day.
How to Withdraw your Earnings?
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Log in to your online casino account.
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Go to the ‘Withdrawal’/ ‘Withdraw’/ ‘Cashier’ section on the website.
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If the online casino wants you to choose a payment method again, enter the details and do the necessary.
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Enter the amount that you want to withdraw (ensure you’ve met the wagering requirements to unlock withdrawals).
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You may be asked to submit proof of identity. This is to prevent underage gambling and money laundering and is completely normal
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Click on withdraw.
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When you’ve completed the withdrawal process, you can enjoy your winnings.
Is it safe?
Online casino sites use the same SSL encryption, firewalls, and security systems like banks. So yes, it’s safe to deposit and withdraw from a casino.
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While there is a wide range of popular payment methods, it’s a good idea to understand how most options work before you select a suitable payment method. Some of the popular methods in India include Net Banking, Credit/Debit Cards, e-wallets, UPI payments, Prepaid Cards and Cryptocurrency. Check out details on how these common banking methods work.
Popular Methods
Bank Transfers
It is one of the known payment methods used widely at online casinos in India. Bank transfers refer to sending money directly from your bank and can instantly deposit money into your casino wallet. It is one of the most secure payment methods available at many top-rated casinos. However, withdrawals using this method could take longer, and some banks might levy processing fees on bank transfers.
Bank Wire Transfer
Similar to bank transfers, money is transferred from one account to another in a wire transfer. This method informs the receiver’s bank about the transaction before moving the money.
Card Payments
VISA
One of the most popular card payment modes, the VISA card makes an excellent option for online gambling sites across India as withdrawals. VISA debit/credit cards don’t involve any transaction fee.
Mastercard
Mastercard, like VISA, is an equally reputable service that can be used to make deposits and withdraw winnings from casinos. Withdrawals are free for these cards as well.
E-wallet Payment Methods
PayPal
Many players prefer paying through PayPal as it is convenient to deposit and withdraw using this international wallet. Lesser withdrawal time, usually within 24 hours, makes it a popular choice among casino players.
PAYEER
An excellent transaction method, Payeer works well for international payments as it supports varied currency transactions, including INR and cryptocurrencies. A versatile e-wallet payment method, you can use it to play at international online casinos as well.
MuchBetter
If you are using your smartphone to enjoy casino games, MuchBetter stands true to its name as it can make your transactions simpler, prompter and safe. You can download the app to register an account and simply make payments using your phone number to approve required transactions.
Skrill
Another reliable payment method owned by PaySafe, the Skrill e-wallet, allows players to send or receive money online. One of the most common casino payment methods in India, Skrill is available at most top-notch online casinos.
Neteller
Neteller, also owned by the Paysafe group, is famous for casino payments mainly because it does not require revealing your bank account details. However, you may need a minimum credit rating to register an account with Neteller.
ecoPayz
A trustworthy payment option for casinos, ecoPayz withdrawals might take anywhere between 1-3 days, although it is free for making casino transactions.
Paytm
Paytm has emerged as one of the choicest mobile payment methods. It is used by thousands of Indian bettors at their favourite sports betting sites and casinos. Today, this safe and secure app has over 350 million Indian users.
PhonePe
A mobile payments app, PhonePe is compatible with all iOS and Android phones and can be used to make instant payments.
GPay
Another trustworthy payment option available for iOS and Android phones is GPay. It can be used to pay and receive money from casino sites with zero hassle. Owned by Google, it is a highly secure mode of payment.
Paysafecard
Even if you don’t have a bank account, you can still make your online sports betting and casino deposits safely with Paysafecard. It is a prepaid e-voucher with a code that can be purchased from a retail outlet. The code can credit your casino account for making a deposit.
AstroPay
A digital wallet commonly used by punters from India to make casino deposits, Astropay prepaid card does not need players to share their data. However, this transaction method is not a withdrawal option at casinos.
Cryptocurrency Payments
Bitcoin
One of the most accepted cryptocurrencies across online casinos, Bitcoin payments ensure secure transactions. It allows Indian players to deposit and withdraw using a crypto wallet. You can be assured of quick transaction processing when using this method.
Ripple
Another cryptocurrency gaining popularity across casinos in India is Ripple. It can also deposit and withdraw casino funds and offers a secure and smooth transaction experience.
How to Deposit into a Betting Site in India?
The first step to online gambling is identifying a legit casino or sportsbook that is licensed and regulated by recognised gambling authorities. It will ensure safe and secure gaming with money. Here's what you need to know if you are a new player beginning your gambling journey with real money deposits.
Steps to deposit at casinos and sports betting sites
- Register at your favourite casino if you don’t have an existing account.
- Head to the deposit or cashier page.
- Find the choicest deposit option and click on it.
- Enter the desired amount for the deposit.
- Click on the submit button to confirm your transaction and wait for the process to be completed. It could take a few minutes for most methods, although transactions via bank can sometimes take between 4-5 hours.
Steps to withdraw your winnings from casinos and sports betting sites
- Log into your casino or sportsbook using your account credentials.
- Navigate to the cashier or withdrawal page through your profile.
- Select the withdrawal method you wish to use. Most deposit methods also enable withdrawals.
- Feed in the desired amount of money you want to withdraw and wait for the withdrawal request to be processed. In most cases, it could take 1-5 business days for the funds to be credited into your bank account.
Some casinos may ask you to submit identity proof when withdrawing winnings, especially if it was not done during the signup process.
Also, many casinos and sports betting sites have a minimum and maximum cap on the deposit and withdrawal amount. Hence, checking the details before paying or withdrawing is best to clear any unwanted hurdles in the transaction process.
Things to Consider Before Depositing from Online Gambling
- Ensure to choose a safe, secure and reliable deposit method at a licensed casino with an easy user interface.
- E-wallets make a fast payment option for casino and sportsbook payments, but some casino bonuses might be restricted to you when using e-wallets.
- Every top-notch casino or sportsbook has a customer support desk reachable for any queries. They can help you if you experience issues while paying into your casino accounts.
- Keep your personal and financial documents handy if your chosen gaming site asks for proof of identity and other supporting documents.
- You always have the opportunity to try different deposit methods before finding the most suitable and preferred option for casino gaming.
Frequently Asked Questions
Are online transactions safe?
Yes! It is safe, given that you have registered at a legit site. Moreover, like your online casinos, banks and payment gateways use security systems such as SSL encryption and firewalls to ensure safe deposits and withdrawals.
What is a KYC, and why do you need it?
A KYC is a ‘Know Your Customer’ document. This mandatory verification process safeguards customers against fraud and money laundering by confirming their identity. It also verifies the payment method used.
Are deposit systems always smooth?
While depositing via legit gateways at licensed gambling sites is smooth and convenient, sometimes your payment method may not work. The banks might have blocked deposits from casinos or sportsbooks. As the Reserve Bank of India regulates banks and payment companies, it is a protective mechanism to keep any fraud at bay.
What options do I have for making casino deposits?
You can choose from various payment methods to fund your casino account. These include credit cards, e-wallets, bank transfers, UPI payments and cryptocurrencies. You can check the deposits section on your chosen gaming site to find a befitting deposit option.
Do Indian online casinos allow real money bets?
Yes, you can find Indian casinos that accept real money deposits and give away cash rewards.
Will I be entitled to a casino bonus upon depositing money?
Most online casinos in India give away generous welcome bonus offers to new players. By registering at a legit casino and making the initial deposit, you should be able to claim your welcome bonus right away.
Do I have to pay a fee for deposit?
Depending on the payment method chosen, some sites may charge a minimum fee, although most sports betting sites and online casinos charge no deposit fees. You can deposit for free with most of the top rated payment methods, although it is best to read the terms and conditions of the chosen method before depositing.
Is it safe to deposit money at an online casino or sportsbook?
Are regulated, use SSL encryption firewalls and are trustworthy. You can check out our detailed casino reviews to find a suitable site for safe gaming with real money.
What if I change my mind about a particular withdrawal?
Most of the online casinos listed on our site in India allow players to refund their cashouts within 24-48 hours of making a request. This reversal process will enable you to cancel your request and restore the funds to your casino account.
What is the minimum time required to cash out my winnings?
Although it depends on the payment methods chosen, cashout times at most casinos can take anywhere between 24 to 48 hours. If required, you can also cancel your withdrawal process during this period.
2025-06-17 09:04:07