The Best Deposit and Withdrawals Methods for Cricket Betting in India 2024
Indian users can use local and international deposit methods for online cricket betting. You can also use payment services in cricket betting apps on Android and iOS smartphones.
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Reviews of Popular Deposit Methods for Cricket Betting
Our experts have analyzed in detail the convenience, advantages, and disadvantages of popular deposit and withdrawal methods in sports betting.
UPI
UPI is a mobile app that lets its users transfer money between bank accounts. It is developed by the National Payments Corporation of India, or NPCI for short. It’s a safe and secure method of transferring money between two parties and eliminates the need for physical cash.
Pros and Cons
Below you will find the pros and cons of UPI as a deposit method.
| Pros | Cons |
|---|---|
| Secure payment | Payment delay |
| No charges | One time transfer limit |
| Easy to use | Doesn’t work with slow internet |
| Real-time payment | Low number PIN |
PayTM
PayTM is a digital payments platform that lets its users transfer cash into the integrated wallet via online banking, credit cards, and debit cards. Using money in the PayTM wallet, you can pay for a number of goods without using cash, and depositing with bookmakers is not an exception.
Pros and Cons
Check out the advantages and disadvantages of PayTM to make a deposit.
| Pros | Cons |
|---|---|
| Offers an extremely high payment success rate for UPI | Multiple functions require an upgraded account |
| Payment processing time is quick | International payment methods are not accepted |
| Wide variety of payment methods | POS device pricing is higher than other service providers of the same |
PhonePe
PhonePE is an app made for Indians by Indians. It’s a digital payments and financial services company. PhonePe is accepted in 11 languages and is accepted as a payment option at over 17.5 million offline and online merchants. They are licensed by the Reserve Bank of India for insurance.
Pros and Cons
Our experts have studied PhonePe and highlighted the pros and cons of this payment service.
| Pros | Cons |
|---|---|
| Quick and easy recharge | Less secure |
| Hassle-Free payment to a merchant | Delay in payment |
| Easy bill payment along with AutoPay | Non-credit of money |
| UPI Fund Transfer | No interest in your wallet deposit |
Visa
Visa is technically the most popular payment method since it is literally accepted all over the world. It includes both credit and debit cards. It is the largest global network by transaction value. It has existed for over 60 years, and each year it attracts new customers, including Indian customers.
Pros and Cons
Below you will find the advantages and disadvantages of using Visa as a deposit method for cricket betting.
| Pros | Cons |
|---|---|
| Worldwide prevalence and global trust | Long withdrawal process |
| Easy deposit mechanism | Commissions for withdrawing |
| The number of countries that accept Visa is huge |
MasterCard
The company named MasterCard exists for more than 50 years and has received a 15 million dollars margin. MasterCard is present in a lot of countries, and India is no exception. The company constantly develops itself in the fields of cashless applications and technology, including online gambling platforms.
Pros and Cons
MasterCard has a number of advantages and disadvantages.
| Pros | Cons |
|---|---|
| World-renowned brand | The withdrawal process might take time |
| Very fast transactions | Has commission |
| Accepted by literally anyone |
Skrill
Skrill is a digital payment system. It is licensed in India and accepts over forty currencies, including INR. Its deposits are used for business, crypto, and others. And it offers the lowest conversion rate with the highest level of security and responsive support team.
Pros and Cons
Compare the pros and cons of using Skrill to make deposits and withdrawals.
| Pros | Cons |
|---|---|
| Easy to open an account | May have problems with deposits |
| Accept Bitcoin | High payout fees |
| Payment worldwide | Prepaid cards are only available in Europe |
Neteller
Neteller is a digital payment system. They also deal with cryptocurrency and can act as a digital e-wallet, so that you don’t need to take your paper money with you. It can withdraw funds or transfer the balance to its own bank accounts.
Pros and Cons
Neteller has its strengths and weaknesses as a deposit method. They are presented in the table below.
| Pros | Cons |
|---|---|
| Simple and fast transfers | High currency conversion fee |
| Free payments to merchant sites | Slow customer support |
| Widely accepted by bookmakers | Prepaid cards are only available for EEA countries |
AstroPay Cards
AstroPay is considered one of the most trustworthy e-wallets. It’s not surprising, since it’s much easier to make AstroPay deposits and withdrawals. AstroPay is the most popular in India. It’s because the bettors of cricket like to place bets on their favourite sport. Once an AstroPay deposit is made, it can be used with any kind of currency.
Pros and Cons
Below you can learn about the pros and cons of AstroPay for making a deposit and withdrawal.
| Pros | Cons |
|---|---|
| Payments are almost instant | Does not support a lot of currencies |
| Very secure and anonymous | Inability to make cash withdrawals |
| Works on a mobile app |
Google Pay
Google Pay is a digital e-wallet. It works through an app on your smartphone and is supported by sports betting sites as a payment method. It first launched Tez in India. Tez is a UPI-based mobile payment service. And it was also used in the launch of Google Pay.
Pros and Cons
Google Pay is a popular deposit method for cricket betting. Explore the pros and cons of this payment system.
| Pros | Cons |
|---|---|
| Very fast and secure | Doesn’t work with some credit cards |
| No extra charges | Poor customer services |
| Fast transfers of money | Not usable at every single store, only a few stores support Google Pay |
EazyPay
EazyPay is a fast and progressive and convenient way of making deposits and withdrawals, and it is also a very popular payment method in India and is controlled by the state. You can pay for goods and bills, transfer money or fund your account. You can use it both offline and online.
Pros and Cons
Below you have highlighted for you the advantages and disadvantages of using EazyPay.
| Pros | Cons |
|---|---|
| Very easy to use | Only for clients of ICICI banks |
| Payments are processed very quickly | Not everywhere can EazyPay be used |
| Is reliable and secure |
NetBanking
NetBanking is a payment system that you can use to make manual payments using a bank transfer. It is a facility offered by banks and financial institutions that lets its customers use banking services over the internet.
Pros and Cons
Pros and cons of the payment system NetBanking for Indian users you will find below.
| Pros | Cons |
|---|---|
| Simple to open and easy to operate | You can’t use it if you don’t have an internet connection |
| It’s convenient | Security of transactions is a big issue |
| Available at all times. | Password security is a must |
Cryptocurrency
You’ve probably heard what cryptocurrency is. All clubs want to make their business processes fast and convenient. And to achieve this, some websites introduce cryptocurrency. It’s logical since cryptocurrency is very easy to use. It’s a common currency like the rupee or euro, except, it’s not physical, it’s in electronic form. You cannot touch it, but you can buy and sell it.
Pros and Cons
The use of cryptocurrency as a deposit method is becoming more popular in India. Explore the pros and cons of this method in the table below.
| Pros | Cons |
|---|---|
| Potential for high returns | Unregulated |
| Protection from payment fraud | No refund |
| Diversification | High volatility |
How To Deposit Money To Cricket Betting Sites?
Now, after you have checked these payment methods and decided which one you want to use, the next step would be to actually make the deposit for cricket betting sites. But how to do that? Don’t worry, the process is not hard at all and will take you only a couple of minutes. All you need to do is:
- Create an account. Simply create an account by entering your username and password of your choice, as well as filling in the details that the website will ask you.
- Make a deposit. Now that you have an account, you need to make a deposit. Simply press the “Deposit” button on the website.
- Choose the payment method. After pressing the “Deposit” button, you need to choose the method of payment that you want. Different sites offer different payment methods, so choose the one you want the most.
- Confirm the deposit. Simply enter the amount you want to deposit and confirm it.
How To Withdraw Money?
Now that you have made a deposit, made a couple of bets, and won your first money, it’s time to withdraw the money you have won. The process of withdrawing is not much different from depositing, so let’s cover what you need to do. You need to:
- Log in to your account. Simply log in by using the username and password that you chose when you created an account.
- Press “Withdraw”. Now, you need to press the “Withdraw” button and choose the withdrawal method of your choice. Be aware that some websites use the system where the deposit method you chose will be your withdrawal method.
- Confirm. Now, all that’s left to do is to enter the amount you want to withdraw and confirm the withdrawal.
FAQ
Our experts have prepared answers to frequently asked questions about deposit and withdrawal methods for cricket betting.
Are Indian Rupees accepted?
While some deposit methods don’t allow rupees, most of the methods that we offered to you today do. So feel free to use any of the methods we offered you today without worrying about the currency.
Is it safe to share my banking details?
Yes. You don’t need to worry about that, as all the methods we offered to you today are licensed and are world-renowned. That’s why a lot of people trust them, and so should you.
Can I get bonuses with these payment methods?
Of course. Bonuses are given by bookmakers, not by your payment method, so feel free to use any of the payment methods that we mentioned today, and you will still get the bonus.