Betting Apps With Paytm
Heralded as India’s answer to PayPal, Paytm is the perfect payment method if you live in India – especially if you want to bet online. Paytm is India’s largest mobile payments group, offering a secure e-wallet that has been trusted since launching back in 2010.
Read on to discover the best betting sites that accept Paytm. We will even walk you through how to join and use Paytm, which is the preferred payment option for 350 million customers.
Our expert guide to Paytm betting sites will show you:
Sep 18, 2020 Google said that Play Store prohibits online casinos and other unregulated gambling apps that facilitate sports betting in India. Paytm, which has promoted a fantasy sports service within its. Paytm casinos & betting sites in India Guide to playing casino with Paytm. This is a well-known mobile payment method in India, and we’ve compiled all Paytm online casinos in one place. At Seven Jackpots, you’ll find the best betting sites accepting Paytm listed. Just pick one and start playing!
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How We Compare Paytm Betting Sites
The best Paytm betting sites only make our list after a strict vetting process. At SBO.net, we have assembled an experienced review team that has worked in the sports betting industry for many years. Each member of our team understands what fellow punters seek when betting online.
We investigate everything from the security and trustworthiness of a site to the customer service and how competitive its odds are across all sports.
Studying our recommendations will save you hours of research. You will quickly find a new Paytm betting site, where you can claim a generous welcome bonus and know that you’ll be safe.
Some of the many factors we consider before approving Paytm betting sites are:
Security Measures
We insist on each site we recommend holding an operating licence with a regulatory body like the UK Gambling Commission (UKGC). For Paytm betting sites to obtain a licence, they must have strict processes in place to prove they are safe and secure. Regular audits ensure player funds and data are protected at all times, and that everything is above board.
Welcome Bonuses
With so much competition, Paytm betting sites make a lot of effort to attract and reward new customers. Their first opportunity to do this is with a generous welcome bonus. When you sign up to one of our recommended sites, you will receive what we consider to be a generous welcome bonus – whether it be in the form of a match bonus or a free bet.
Competitive Odds
You want to sign up to a site that offers competitive odds on the markets you love, such as cricket and football. Rest assured that our recommended Paytm betting sites boast the best odds. Therefore, you will receive the maximum return when you place a winning bet. Don’t be that person who wins a bet at odds of 1.74 when 3.2 was available elsewhere!
Which Betting Sites Accept Paytm?
Paytm is a hugely popular brand in India. It has grown from just a payment service into a commercial giant offering ticketing, rail and flight bookings, a gaming platform and a credit card with Citibank. With such a loyal customer base, just about all betting sites that accept Indian rupees (INR) offer Paytm.
However, you shouldn’t risk joining an inferior site. Remember that we list only the best Paytm betting sites on this page. We do this so that you can sign up with confidence, knowing your favourite payment method will be one of many options listed in the cashier.
Another advantage of Paytm is that you can quickly transfer funds between different sports betting accounts. This saves you from having to register multiple banking options at every site you join – and is also means that your bank only sees transactions to and from Paytm, not betting sites.
How to Create a Paytm Account
The Paytm account creation process is simple. Simply visit the official Paytm website and get started by clicking on the sign up button. Paytm also has a cool mobile app. You can download it and use it to create your account, too. Click on the profile icon in the top right corner of the screen and follow the simple on-screen instructions.
You will be asked for your mobile number and email address, and you will also need to enter a secure password at this stage. Then click on ‘Create Your Paytm Wallet’ and add a one-time password, enter your full name and click ‘Create your Paytm Wallet’ again. Job done!
After creating a Paytm account, the next step is adding funds to your new e-wallet. When using a web browser, log in to your account and click on the Paytm Wallet icon. Enter the amount you wish to add and select the payment method from credit/debit card, Net Banking or UPI.
The process is almost identical using the app. Both options allow you to save your credit or debit card details, saving you time when you wish to make a fresh deposit.
How to Bet Using Paytm
All Paytm betting sites require you to make a deposit before you can start betting on all the sporting action. Presuming you have funds in your e-wallet, simply navigate to the cashier and select Paytm as your preferred payment method.
Now enter the amount you would like to deposit and confirm the figure is correct. You will then be redirected to the Paytm site to complete the transaction.
The payment will be made into your betting account almost instantly. Fast payment processing like this is essential if you spot a good betting opportunity and need access to funds immediately. Imagine you are watching a cricket match live on television and want to jump on an in-play bet. With Paytm, you can do so in the blink of an eye.
If all goes well and you make a nice profit, you can easily withdraw your winnings back to your Paytm e-wallet. Withdrawals are instant, once your betting site has processed the transaction. Processing times vary from one site to the next. Some are almost instant; others take a few working days.
Advantages and Disadvantages of Paytm Betting
PROS
- Trusted brand – The most significant advantage of using Paytm betting sites is that the payment gateway is so widely recognised and used by people living in and from India. Users have the reassurance of making payments to and from a giant Indian company
- Privacy – Another benefit is that when you return your winnings from your e-wallet back to your bank account, there is no mention of gambling activity; it is just a payment from Paytm, which helps protect your privacy.
- Zero fees – Transfers to and from your betting accounts and Paytm do not attract any fees.
CONS
- Limited to India – One disadvantage of Paytm is that it is only open to Indian punters. Other citizens will need to look elsewhere for a reliable payment gateway. Plus, the app can sometimes appear clunky as you have so many service options. When it’s working well, however, it is one of the best.
Alternatives to Online Betting With Paytm
Although it is a favourite for many, we understand that using Paytm betting sites may not be ideal for you. Thankfully, you have plenty of other secure options available to fund your betting accounts.
Credit and debit cards – Safety and convenience make credit and debit cards popular amongst punters. Transactions sometimes attract small fees (especially credit cards), but you can easily withdraw any gambling winnings to the same source. Debit cards are also a sound option if you need to move funds fast.
E-wallets – Although they are similar to use, you might prefer an alternative e-wallet provider. Despite being hugely popular elsewhere in the world, PayPal is only just now gaining ground in India. Skrill is perhaps a better-known option.
Paysafecard – Paysafecard is prepaid card that can be used to fund your online betting account. The bad news here is that you cannot withdraw any winnings via Paysafecard, so you would need to make alternative arrangements in this case.
Paytm Betting FAQs
Do online betting sites accept Paytm?
Yes! If a betting site accepts the Indian rupee, it is likely to offer Paytm as a payment method – although this will be only available to Indian citizens. Paytm betting sites are happy to list the e-wallet in the cashier because the processing of deposit and withdrawal requests are fast and straightforward.
Can Paytm only be used by Indian punters?
Yes, Paytm is regulated by the Government of India and can only be used by an Indian citizen, either living locally or residing abroad. The official Paytm website is available in 11 Indian languages and finely tuned for the Indian market, which is why it has become a preferred option locally.
Are there any Paytm fees?
Transferring funds from your Paytm e-wallet to a merchant is free and fast. However, there will be fees to pay should you wish to move funds from your e-wallet back to your bank account. Funding your Paytm account comes with a 2% Visa or Mastercard credit card fee, or a 1.25% fee for the equivalent debit cards.
How long does it take when withdrawing using Paytm?
E-wallets like Paytm are often the best way to withdraw cash from your online betting account because they are faster to process. In most cases, funds will be available in your wallet within 24 hours, sometimes only a few hours. In contrast, debit or credit card withdrawals might take between 48-72 hours, making Paytm betting sites a very attractive option.
Related Articles
Paytm was established in 2010 by Vijay Shekhar Sharma. Initially, it was used only as an online wallet to transfer local payments, paying utility bills, and recharging pre-paid phones. Now, the payment system can also be used at several betting websites. Cricketbettinghelp reviewed all the online gambling sites and extracted some of the most trusted and safe options that you can try.
Which betting sites accept Paytm?
We have selected some of the best gambling sites that accept Paytm and are licensed by a gaming regulation authority. These online bookies offer a wide range of sports to bet. A safe website, fair gaming environment, exciting welcome bonus, and generous promotional offers are the other factors why these bookmakers deserve your attention.
10Cric
The international bookmaker is known for its special flavor of cricket. And it’s the primary reason why it’s one of the most popular online sportsbook amount Indian gamblers. Apart from cricket, 10Cric also allows you to enjoy betting on football, tennis, basketball, table tennis, volleyball, and many more sports. In addition to Paytm, the online bookie also accepts other e-wallets like Skrill and Neteller.
- Welcome bonus: Free bets up to 10, 000 INR. Deposit 10, 000 INR and 10Cric will add 10, 000 INR more to it. So, you will get 20, 000 INR in total. Plus, 20 free spins.
- Minimum deposit: 500 INR via Astropay, 1200 INR if you are using Bitcoins and for all the other modes it’s at least 1000 INR.
2. Betway
One of the biggest online bookmakers on the Earth, Betway is active since 2006. Licensed and regulated by multiple authorities including the UK, Malta, Ireland, and Sweden, the betting brand has millions of registered users. It is partners with West Ham United, Mzansi Super League, Windies, and the cricketing legend Kevin Peterson.
Betway has a secure website, which offers user-friendly options that you can easily navigate. If you like cricket, then it’s the best website to register. Apart from cricket, the bookie allows you to bet on football, tennis, basketball, hockey, baseball, golf, martial arts, and many more sports.
- Welcome bonus: 100 percent bonus up to 2, 500 INR
- Minimum deposit: 200 INR
3. 22Bet
Betting should be a fun activity. If you believe the same then 22Bet is another online sport betting community that offers an easy to navigate website, safe transactions and maximum returns to your investment. It’s one of the best platforms in India if you prefer to bet on cricket or football.
Commenced in 2017, 22Bet is licensed and regulated in Curacao. Due to SSL encryption, it has a safe website and smartphone app for both Android and iOS. Deposit and withdrawals are fast with Paytm and all other e-wallets. Apart from that, you can get an instant winning amount using cryptocurrency.
- Welcome bonus: 100 percent up to 10, 000 INR
- Minimum deposit: 70 INR
4. Funbet
Visit funbet.com and you will be instantly impressed by its graphics and user-friendly options. Its homepage shows you all the available sports to bet, which is helpful for beginners. The bookmaker has multiple payments including Paytm and many other online payment systems including GPay, Skrill, Neteller, Jeton, Miginity, and MuchBetter.
Licensed by Malta Gaming Authority (MGA), Funbet allows you to bet on many sports including cricket, soccer, tennis, basketball, ice hockey, football, bandy, boxing, cycling, darts, floorball, golf, and many more. Its website has SSL encryption that keeps all your personal data and banking information are safe.
- Welcome Bonus: 100 percent welcome bonus for sports up to 10, 000 and 100 percent welcome bonus for casino up to 16, 000.
- Minimum Deposit: 800 INR
5. Melbet
Around 15 sports and more than 40 e-sports are available on Melbet. Visiting its website might be overwhelming because you will find too many sections to check. However, after a few bets, you will find not anything difficult here. On the left, you will see all the live and upcoming events. So, you can bet on the ongoing matches as well as fixtures that are about to take place.
Melbet accepts more than 50 payments including e-wallets like Paytm, Papara, Skrill, Neteller, Perfect Money, and many more. Registration on its website is easy and you can start betting instantly after signing up. The bookmaker also a dedicated smartphone app that’s available for both Android and iOS users.
- Welcome bonus: 100 percent up to 8, 000 INR
- Minimum deposit: 1, 000 INR
6. 1xBet
With options to bet on over 30 games, 1xBet is rated high among Indian gamblers. Apart from sports like cricket, football, and boxing, the online bookmaker also allows you to enjoy betting on e-sports, casinos, TV games, lottery, and virtual sports. Its registration process is easy and you can start betting once the sign up is complete.
1xBet allows you to use more than 100 banking methods. Talking about e-wallets, the online bookmakers accept Paytm, PhonePe, Skrill, Neteller, GPay, Papara, Jeton, FastPay, B-Pay, and many more. Deposits are instant in all the given modes. However, withdrawal time varies from 2 to 48 hours.
- Welcome Bonus: Up to 8, 000 INR on the first deposit
- Minimum Deposit: 1, 000 INR
7. PariMatch
Indian gamblers like to bet on a sleek and attractive website. Parimatch is aesthetically appealing as well as sophisticated. However, it doesn’t mean that the bookmaker lacks anywhere in terms of betting services. You will get used to its black, white, and grey interface within some time and then you will be impressed with the features PariMatch offers.
The online bookie allows you to bet on multiple sports including cricket, football, tennis, basketball, and many others. Besides, it also gives you the option to bet on virtual games, sports poker, bet games, and casino. Other than Paytm, this gambling platform also accepts e-wallets like Skrill and Neteller.
- Welcome Bonus: Up to 8, 000 INR
- Minimum Deposit: 300 INR
Why gamble using Paytm?
Paytm offers hassle-free and seamless online transfers to betting sites. The transactions went through this payment system is fast and 100 percent secure. The usage is also simple; you simply need to select Paytm while making a deposit or withdrawal at any of the online betting sites we discussed above. You can use its services from a desktop as well as a smartphone. Plus, you can track the transfers on the Paytm smartphone app that’s available for both Android and iOS.
Pros
- Paytm is acceptable on top betting websites
- Can be used via smartphone, no need to use account transfers or cards
- Deposit and withdrawal are faster
Cons
Betting Apps With Paytm Account
- Losing your smartphone can be a problem because it operates using your mobile number
How to open a Paytm account?
We have discussed some of the best betting sites that accept Paytm. However, you need to create an account on Paytm to start betting on any of the above-mentioned options. It’s very simple to register on this Indian payment system. Follow the below-mentioned steps to create an online wallet on Paytm.
- The first step is to download and install the Paytm application on your smartphone.
- Open the app and choose your preferred language
- Enter your mobile number and Paytm will send you an OTP (One-time password) on your mobile number.
- The application will not ask you to create a 4-digit password
- The next screen will ask for an e-mail address, but you can choose to skip it.
- Then, you will see the Paytm dashboard.
How to fund my Paytm account?
You can easily transfer money to a Paytm account using any of your bank accounts. However, we recommend that you complete the KYC process to enjoy uninterrupted transfers and all other services. Follow the given steps when you want to add any amount to your Paytm wallet.
- Open the Paytm app you have installed.
- Tap on Paytm wallet to add money and enter the desired amount on the next screen.
- Select Proceed to see the options to transfer, which include debit/credit card and UPI.
- Choose the preferred payment method, enter the amount and tap on Pay.
- Next, you will the screen where you can enter the banking password. If not the bank’s payment authorization page, you will see the space to enter an OTP sent to your registered mobile number.
- Put the password or OTP and click on Continue to finish the transaction.
- The amount will be credited to your Paytm account instantly and you can start betting.
How to complete Paytm KYC?
You will not be able to deposit or make a withdrawal until and unless your Paytm wallet is verified. To verify the same, you need to follow the KYC process, which is fast and convenient. The first step is to select a KYC option from your Paytm mobile dashboard. It will ask for your aadhar card number, enter it and select Send OTP. Type the OTP that you received via message and select continue. Your account will be verified shortly.
In case you are not getting any option to verify online, then you need to physically visit a Paytm executive with an aadhar card. Any of the nearby shops that accept Paytm can verify your account.
How to deposit using Paytm?
Once you create and fund your Paytm account, it’s time to register on any of the websites that we mentioned above. You simply need to sign up using some of your basic details like name, date of birth, gender, and address. The next step is to create a user ID and password that you will use to login into the gambling profile.
Once you are on the dashboard of a particular betting site, look for the banking section. Click on it and the next screen will show you the available payment options. Choose Paytm, enter the desired amount you want to deposit and select continue. Once the transaction is complete, the amount will be deposited and you will be able to bet instantly.
How to withdraw using Paytm?
Login to the betting account, go to the banking section, and select withdrawal. Choose Paytm as your withdrawal method, enter the amount, and tap or click on submit. Make sure you choose the amount lower than the maximum withdrawal limit. The withdrawal amount will reflect in your Paytm wallet within 24 to 48 hours.
Some of the betting sites will need you to verify your identity and address to withdraw. A passport or driving license is the best documents to confirm your ID. A utility bill or bank statement is sufficient to support your address. If you are betting from India, then a few of the betting sites might need your tax information, especially if you withdrawing big prize money.
Is Paytm safe and secure?
All the transactions through Paytm are 100 percent secure. The payment system acts as a bridge between gambling websites and your bank accounts, which means the chances of an online scam is minimal. So, both deposits and withdrawals are safe on this e-wallet.
Takeaways
Today, we discussed some of the best betting sites that accept Paytm and also mentioned their welcome bonus as well as a minimum deposit. These online bookies allow you to bet on both domestic and international sports fixtures. Once you create a betting account and deposit funds, you can start betting immediately.
Betting Apps With Paytm Online
Shon Miller is a professional online sports bettor and trader with over 10 years of experience in the industry. He worked with numerous online bookmakers including Bet365, Betway, and William Hill. With this long experience, now he has decided to share his experience with other betting aspirants like you. Know more at the about me page.