Are you looking for the best payment method for cricket betting in India? Read our ultimate guide about cricket payment methods. Online cricket betting is gaining massive popularity in India and globally. With tons of tournaments and leagues to bet on, extensive markets and live betting features, there is no limit to how much you can win. Sportsbook payment methods have come a long way in recent years. They ensure that their website is completed geared towards offering clear instructions and a smooth payment experience without any hitches.
There are many payment methods that the sports bookmakers offer in India. Also, few payment systems are more commonly used than others. From Mastercard to Skrill, to Visa, these operators accept all the top-notch deposit and payment options in India. But Indians cricket fanatics would naturally prefer to do cricket betting in their native currency.
Therefore, you need to ensure that the online bookie you choose to accept INR and offer safe deposits and withdrawal options. This guarantees a high peace of mind and complete satisfaction while you place bets on the biggest cricket matches online. Many online cricket betting sites provide nice sign-up bonuses and free bets in rupees. This is a great benefit for Indian bettors.
If you have managed to sign up at a cricket betting site, the next step is to fund it using the available payment methods. Today, online cricket bookies have endeavored to lure players with the best payment methods to boost their betting experience.
Typically, the majority of online betting operators tend to offer widely known options like bank transfers, credit and debit cards, e-wallets, or prepaid cards. Each cricket payment option has its own pros and cons. Of course, when seeking your preferred INR betting payment method, you will try to find the option that you are already familiar with. Crypto and Astropay are the two safe options that the Indian players can depend on when making money transactions.
But choosing the right payment method is of paramount importance. If you are an Indian, you choose localized options that suit you well. To begin cricket betting online and winning, you need to set up your India account.
Once you register at your favorite cricket betting platform, you can deposit funds to your India betting account. A trial transaction of a few rupees is made to confirm that the system works properly. After that, you can begin transferring funds. There is a limitation on how much you can transfer.
Once you go through the verification process, you can lift the limitations.
Whether you choose Skrill and Neteller India or traditional debit or credit cards, you need to ensure that it suits your needs. Before you make any transaction, sensitive financial details are being shared with the betting site.
But sharing your bank details and personal information with an online sports bookie might make few users a little bit anxious. It’s vital to know what factors to look for when deciding which payment option to use. Below are the things to consider when making your choice:
Find out how easily you can deposit from your bank to your chosen payment method. Remember, you are wasting your time if your chosen platform has a poor user interface and design.
2. Deposit Speed
When playing at a sports bookie or online casino, you need to ensure that your deposit arrives fast so that you can place bets instantly.
3. Withdrawal Speed
Another factor to consider when choosing a banking method is how long it takes to withdraw money from your online betting site. Always choose a site that takes less time to process withdrawals from the banking method.
Does the cricket betting platform offer any welcome offers excluded for your payment method?
5. Currency Support
Discover what currency support you have with the banking method. Does it accept Indian Rupees?
Find out how safe each payment option is. It’s worth finding a site that uses extra security features such as advanced SSL encryption for complete data protection. End-to-end crypto authentication will ensure that every transaction is secure as it gets.
7. Mobile Compatibility
Is it possible to access the banking method using your phone? Usually, top-rated cricket betting operators have a smooth mobile version of the site. This ensures that they can adjust to the iPad, iPhone, or another device without downloading any software.
What fees do they charge for deposits and withdrawals? Make sure you check the website of the operator for more detailed information.
Cricket enthusiasts from India who wish to do online betting in INR must remember that their main motive is to have fun when they navigate INR betting sites. It’s the best idea to use your in-depth knowledge and passion for cricket. But avoid betting more than you can afford.
Although sports bookmakers deploy cutting-edge security measures in place, breaches may still occur sometimes. Therefore, before you sign-up with any online cricket betting site, always check out their security policy.
Banking Options Accepted by Cricket Bookmakers
Different Indian cricket payment options are classified into groups. Each category has several other options to cater to the payment needs of individual players. Below is the list of the banking methods that majority of online cricket bookmakers offer:
|Skrill||Skrill is a popular e-Wallet option for transferring money internationally and domestically. The signing up process is pretty quick. Moreover, it uses high levels of encryption and is available in over 200 countries.|
|Netteller||Neteller is another famous e-money transfer service that allows customers to send and receive funds in different currencies. You can send money to whomever you like regardless of the location using the email address.|
|Muchbetter||Muchbetter is a new payment solution built to make eWallet transactions easier. It allows the customers to store and send money fast with minimal fees. The bonus part is that it offers support for multi-currency payments for those operating in international markets.|
|Ecopayz||EcoPayz is a payment method currently used in 173 countries. It uses the best encryption technology available on the market. You can create your EcoPayz account in a matter of minutes. It also offers a live chat option that is available 24/7.|
|Bitcoin||Bitcoin is a peer-to-peer cryptocurrency system that allows users to process transactions via bitcoins (BTC). This digital cryptocurrency system allows transactions to be processed much quicker. Moreover, it charges much smaller fees.|
|Jeton||Jeton is an extremely famous e-wallet system used by online bookies and online casinos around the globe. Funds placed in your Jeton wallet get transferred into your betting account in a few seconds. This secure and easy-to-navigate platform also works with Bitcoin and other cryptocurrencies. This allows fast transaction processing and no-fee transfers.|
|Astropay||AstroPay is one of the most famous prepaid cards in the world. It is free to use and available in different languages. This payment option offers instant deposits and withdrawals, thereby making transactions easy and quick.|
|Paypal||PayPal is one of the biggest online payment processors around the globe. It is secure, super easy to use, and keeps a record of all the transactions.|
Depositing with Rupees in Cricket Bookmakers
Funding online betting account is important for cricket betting. But depositing money to the betting platform from India may seem tough. However, once you get aware of the diverse options, you will be fully equipped to deposit money trouble-free. Different bookmakers accept different currencies. But there are also top-notch cricket betting bookies that allow the punters to deposit in Indian Rupees.
Depositing in INR allows Indian players to avoid the efforts and hassle involved in turning one currency to another. It satisfies the Indian laws that have a stringent anti-tolerance towards converting Rupees to other currencies. Betting on cricket online through the INR also removes unwanted foreign exchange transaction charges. It means you can make local bank transfers without paying cross-border fees.
Few deposit options are local and available in limited countries. Thus, pick the convenient deposit option that is available in your region. Moreover, the fees differ depending on your country of residence. But remember, all bank transfers must be made from a bank account in your name. All deposits are processed instantly in the majority of cases. However, others can take hours or even days to process.
But you need to ensure that all the details are filled correctly. Online bookies allow players to verify their email address and mobile number at the beginning, after which they can proceed to make a deposit and begin betting on cricket. To deposit funds in your betting account, follow the steps below:
- Login to your account
- Hit the Deposit button and choose your deposit option.
- Enter the amount you wish to deposit, along with your banking information and National ID number
- Your transaction will receive immediate approval.
For withdrawing money from the cricket betting account, all punters need to complete the personal verification process. This includes uploading documents like passport, bank account statement, driver’s license, or utility bill.
Online cricket betting sites conduct verification procedures to verify the identity of the punters and make sure that that they are of legal age to gamble. After successful verification, punters can withdraw the money quickly.
Verification is important because it lowers the risk for a dispute, and prevents withholding of your withdrawal money. Note players can only withdraw the money using the same payment option that you used to deposit funds.
To withdraw money from your cricket betting account:
- Log in to your account
- Hit the withdrawal tab and choose the currency you want to withdraw
- Now enter the transaction amount
The betting provider will typically process your withdrawal request within 24 to 72 hours. But few withdrawals may take a long time. Players also need to satisfy the wagering requirements if they have selected free betting credits, bonuses, or other promotions. In case you have not received your funds in the timeframe, contact the customer support team of the provider immediately.
What’s the Best Banking Method for Betting?
Can I Deposit in a Bookmaker in Other Currencies?
Cricket is an excellent sport to play and watch. T20 leagues, International cricket matches, and tournaments pack a whole bunch of joy for fans around the globe and in India. There are a few betting operators that cater to the international audience and may not accept Indian players.
But most of the top international betting sites online now lure Indians by catering to the needs of the Indian cricket betting market. They provide support for INR, lucrative bonus offers, and secure funding options to suit the preferences of Indian punters.
Remember, it is 100% safe to deposit money in Indian betting sites. Although payment processors are heavily investing in cybersecurity, you need to take additional steps on your side too. Make sure you select an online cricket betting company that has an excellent reputation and follows a stringent verification process for processing and fund withdrawals. Sign up at your favorite cricket betting site today to get an exciting experience.