When it comes to online betting, Indian gamblers will love depositing and withdrawing money on online betting sites in Indian Rupees (INR). Not only is trading in local currency easier, but it also helps to avoid transaction fees.
Online betting in India is becoming increasingly popular. Bettors in most other countries have been passionate about online betting for about two decades, but online bookmakers from India seem to be making up for the lost time. However, Indian gamblers also have specific preferences about online betting that differ from bettors in other countries. International betting sites looking for large and lucrative market share are taking the spotlight.
Is Online Betting Legal in India?
No online betting laws enforced in India can put gamblers’ freedom of betting online at risk in any way.
The only applicable law so far was the Public Gambling Act enacted in 1867, so it is not precisely regulated for today’s online betting market in India.
So far, the bill is still in progress, so there aren’t any local Indian betting sites. No one can ever claim an exact date when online betting in India will be regulated.
The only thing you should know regarding legal betting in India is that you can bet online, and there are quite a few options to choose from. You can also securely deposit and withdraw winnings.
Online Betting in India
Betting on games of chance or sporting events has been a past favorite for many for a generation, and India is no exception to this rule.
Whether it’s sports betting, political results, weather, dice, Teen Patti, or any kind of game involving chance, Indian gamblers love to bet on them.
With the advancement of technology, betting in India has now turned into online betting in India. In recent years, an increasing number of betting sites are not only open to Indian players but also specifically tailor their offerings to Indians with the offer of deposits in INR, Hindi translation, and other features.
How to Deposit in INR
Most online casinos accept credit cards, and this is the easiest way to send money. However, credit cards are not very reliable among Indian gamblers. This is mainly related to the card issuer and the limits they impose on transactions with betting sites.
For Indian bettors, there is no more reliable method for depositing and withdrawing money for online betting sites. A digital wallet is essentially an online bank account, similar to PayPal. Gamblers can deposit money from their home bank into e-wallets and transact to and from betting websites.
The best part is that the records on your home bank account will only show up as e-wallet transactions, not a betting site.
The main limitation of e-wallets is that the account setup process can take a few days, mostly pending verification. The most popular e-wallets in India are Neteller and Skrill (Moneybooker). Entropay is another highly sought-after service, but it is currently down.
This method is preferable to gamblers with higher value because they have a high flat fee. However, it can be challenging to use a bank transfer from India for the same reasons as using a credit and debit card. Additionally, most e-wallets offer the ability to execute equally large transactions, leaving no obvious advantage for using Bank wires.
How to withdraw INR from Online Casinos
Credit or Debit Card
If you use a debit or credit card, some casinos allow you to withdraw money using this method, but it can be even more difficult than depositing. In most cases against Indian gamblers, the card issuer will decline the transaction.
An E-wallet is the best way to withdraw money. Therefore, gamblers should use e-wallets for both deposit and withdrawal transactions. The Neteller wallet is available for withdrawal at all trusted betting sites in India.
Bank Wire is similar to a credit card. Technically, it’s available for Indian gamblers, but the success rates vary. Besides, bettors tend to encounter high fees from banks when using it.
Online Betting Sites in Indian Rupees
There are many generous offers available at online casinos in India. If you are looking to place bets online in India, you should take advantage of as many welcome bonuses as possible. Getting extra bonuses is very helpful when you are trying to win money while betting.
While bonuses are essential to have a good betting start, it is necessary to learn about online betting. Here are some reputable online betting sites in Indian Rupees that you can refer to:
The website was established in 2003 and is regulated by the Gaming Commission of Malta. The site offers a unique approach to betting live with Fast Markets. This casino also accepts EcoPayz in addition to other widely available payment methods for Indian gamblers.
This INR account website was founded in 2000. Bet365 offers a highly intuitive experience and is easy to use. The site is easy to navigate and can find what gamblers want on both mobile and PC platforms. The payment method at Bet365 is also a straightforward process with many options available. The customer support service is also quick and courteous.
Betsafe was founded in 2006 and acquired in 2011 by Betsson AB. The site has an excellent sports betting platform, including flexible mobile betting and early withdrawal. However, Betsafe Casino operates as a completely separate brand of sports betting in terms of its odds and the country served. This casino supports Indian payment methods, including Visa, Mastercard, and bank transfer.
It is the flagship brand of one of the largest game companies in the world – Betsson AB. Betsson Casino was founded in 1963, offering an excellent sports betting platform, including early withdrawals. As an indeed managed international provider from Malta, Betsson offers website versions in English and dozens of other languages. Betsson’s banking methods for India include Visa, Mastercard, Neteller, Skrill, EcoPayz, and bank transfer.
Betway offers an INR account, which was established in 2006. The site is regulated by the UK Gambling Commission and the Malta Gaming Authority. It operates in 11 different languages, including Hindi. This casino also accepts EcoPayz and other INR payment methods and offers a remarkable new customer bonus for Indian bettors.
1. Do online casinos offer the Hindi versions?
While most betting sites in India are English-speaking websites, some top betting sites have started offering Hindi versions.
2. How to bet online in India?
The betting process is standard at the top betting sites. First, you need to open an account by providing personal information, proof of identity, or address. Once you open your account, you can deposit money and start betting by selecting the sport or event to place your bet on.
3. How secure is the site chosen?
Indian gamblers need to look for safe betting sites to protect data through appropriate encryption technology. Trusted betting sites are those that protect the privacy of Indian players and facilitate easy withdrawals.
4. Do all online casinos accept Indian players?
Not all betting sites accept Indian players. Some betting sites like Betfair do not allow Indian bettors to participate.
5. Which betting site has the highest odds?
Some betting sites offer better odds for cricket, while others focus more on horse racing odds. For example, Bet365 casino is known to have some of the best horse racing odds globally. In contrast, Betway has some of the highest cricket odds.