How to Bet With Indian Rupees Online
Betting on the internet continues to rise in popularity in India. The most popular sports being cricket and horse racing events. Betting online from India can be challenging, prompting bettors to ask many questions. One of the most popular questions involves how to bet with Indian Rupees online. This guide should clear up any questions you have including information on Bookmakers that allow you to deposit and withdraw using Rupees, recommended deposit options and helpful tips for Indian punters.
Rupee Betting Sites – How To Bet with Indian Rupees Online
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Newest Addition! (Sports, Casino, Poker) – Betway recently began accepting Indian Rupees. They bring a solid reputation and a global brand along with a great selection of options for sports like cricket and horse racing, as well as internet casino and poker games. It is simple to learn how to bet with Indian Rupees online with Betway! Use our IPL Betting Tips to help your bets.
Best Betting Deposit Options with Indian Rupees
E-wallets – Skrill, Neteller, Entropay
E-wallets are great when betting from India. Credit cards are another option. The E-wallet we recommend is Neteller.
E-wallets are a great option for several reasons:
- Dependability: Other options are not as reliable.
- Privacy: When you make a deposit from your bank account to your e-wallet, it will show as a transaction with that e-wallet only. It will not show as being a transaction with the bookmaker.
- Flexibility: Some bookmakers have better success rates with credit cards and others, but Skrill or Neteller accounts can be used at almost all Indian sports wagering sites.
There are two main drawbacks to using e-wallets:
- Initial Setup: Your initial deposit takes a little bit of time, filling out the application, making your first transaction from your bank account, and then finally making the transfer from the e-wallet to your preferred bookmaker. However, after the initial set up, depositing is a breeze. It is well worth it and you will likely save time in the long run rather than having to hassle with unreliable alternatives.
- Fees: There are fees associated with making transfers to and from your e-wallet with your bank. Fees range from 1-2%. However, you should not experience any fees transferring from your e-wallet and bookmaker.
Bank wires can be hit or miss, and fees tend to be higher than e-wallets. Also, you don’t have the same privacy as with e-wallets as the transaction might show the name of the bookmaker on your statements. This method can also take up to a few days to complete.
Credit Cards – Visa, MasterCard
If credit cards were more dependable, they would be at the top of the list. In nearly all cases, there are no fees for using a credit card. It is as fast and convenient as making any other internet purchase. However, as we mentioned before, they are unreliable when depositing from India. This can be extremely frustrating, especially if there is a last minute bet you want to place and you can’t make a deposit.
How to Bet on Sites that Don’t Accept Indian Rupees
For bookies that don’t allow you to bet with Indian Rupees online directly, I typically deal in USD($) or GBP(£) depending upon the exchange rates. Here again, this is why e-wallets are the preference, as they typically offer favorable exchange rates over other methods. This allows you to deposit with other currencies or INR, providing the best opportunity to find favorable odds. When withdrawing using an e-wallet, you can exchange the currency back to Rupees then deposit them into your bank account whenever you need them.