There are bookmakers of every kind available in the Indian betting space. Yet, people always have a fascination with bookmakers with low or minimum deposit requirements. This is because the vast majority of punters are put off from opening an account with a bookmaker due to the high deposit requirements placed upon by certain brands. In such a scenario, it becomes rather attractive to go with minimum deposit betting sites in India.
What Is the Reason for the Existence of Minimum Deposit Option?
The low deposit betting sites in India are a game-changer when it comes to attracting a new user base, which has so far not been exposed to the world of online betting and gambling. These sites make it easier to try out the betting environment with far less risk and other advantages. They are also able to change the perception that only people with high stakes can enter into the world of online betting.
Best Minimum Deposit Betting Sites in India
There may be several minimum deposit betting sites in India but only a handful of them tick all the boxes and shine above the rest. The pick of the bunch can be:
1xBet has a long list of payment options that make it a haven for individuals who are looking for ways to add money into their betting accounts. For starters, there are 45+ payment options are supported by the brand including many cryptocurrencies. Apart from being able to start the betting journey with a small amount, 1xBet also provides the advantage of a great site and platform that hosts markets from across the globe. There is no major specialty of 1xBet, but users will find greater opportunities to place bets on cricket and football.Sign up to 1xbet >>
4rabet is a site with greater concentration on the Indian punters where the betting space is still on the up. In order to make itself attractive to a wide section of the audience, 4rabet supports multiple payment options that have very flexible limits. Even for claiming the welcome offer, the user can start with a minimum of just 300 INR. Similarly, the betting space is very flexible in terms of regular deposit limits. The key betting options available with 4rabet are NETELLER, UPI, Perfect Money, Skrill, and PayTM.Sign-up to 4rabet>>
Melbet is one of the fast-growing betting services in India. It has been able to deliver an outstanding range of payment options to Indian punters. Apart from the option of using local currency, there will be an advantage of using deposit methods like bank cards, e-wallets, prepaid cards, cryptocurrency, and UPI amongst others. The minimum entry barrier for many of these payment options is very moderate. For example, the likes of PayTM can be used from just 500 INR.Sign Up at melbet >>
Bons is one of the new online casinos and sportsbooks to hit the market in India. Despite being new, the brand has all the ingredients necessary to attract the punters. One will be able to receive excellent welcome bonus offers and existing players can make use of the attractive VIP program on offer. The online casino section of Bons is rife with a huge range of games and betting options. Even though the wagering requirements on some of the bonuses might be a little higher than in the case of some other minimum deposit betting sites, Bons gives a very healthy experience.Sign Up at bons >>
ComeOn is one of the reputed names in the list of minimum deposit betting sites that can be considered by newcomers and experienced people alike. It has a lengthy list of offers designed to be attractive for all types of individuals. The sportsbook provided by this brand is so good that it is easy to not consider ComeOn as one of the options when looking for low deposit betting sites in India.sign up to ComeOn >>
Deposit Requirements Placed Upon by Payment Options
There may be a lot of betting sites that place lower requirements in the deposit section, but they are ultimately hindered to a great extent by the payment option. This is because each payment option comes with its own set of requirements with regards to the minimum limit that they can support per transaction. This varies as one switch from one payment option technology to the other. For example, credit cards tend to have a higher minimum deposit figure than the UPI option. The cryptocurrencies tend to be the most flexible in this regard with very low numbers being requested off customers.
Credit cards from Visa and MasterCard networks are among the highest when it comes to the smallest amount that they will support per deposit. These will usually start from 75 INR while many betting sites do not tend to use credit cards for payments less than 200 INR in each transaction.
Advantages of Choosing Sites with Low Deposit Requirements
There are many benefits to going with the minimum deposit betting sites in India. They have been a game-changer with regards to opening up the possibility of online betting to a larger section of the audience. The best benefits and advantages available from the sites are:
Excellent for beginners
Any beginner in the world of online betting will be able to appreciate the existence of such betting sites, as it is easy to get started. In a segment that is not too obvious to the newcomer, it makes a lot of sense to experiment with a smaller sum of money. The low deposit requirements are a strong reason for a newcomer to consider these sites.
There is a reduced amount of risk when going with low deposit options. Since the amount of money involved is very low, punters will also be risking a lot less.
Best for those on a budget
Individuals who are on a strict budget with regards to their betting activities will tend to choose the sites more often than not. Even when the individuals have a deep pocket and do not want to spend more than a certain amount on their betting activity, these sites can turn out to be very helpful indeed.
Disadvantages of Going with Sites That Have Low Deposit Requirements
Inability to instantly expand the betting horizon
The low deposit requirement is often met with a few compromises in other areas of the betting space. This would mean that a punter may not be able to expand their betting horizon beyond a certain limit.
Withdrawal charges are usually higher
The withdrawal charges that are available on these sites tend to be higher than normal. This is one of the costs that users have to bear for being able to go with everything said that accepts very low deposit numbers.
The potential for returns is lower
The scope for returns is directly determined by the risk being taken by the individual. Since the risk is far less when less amount of money is involved, it is not rocket science to know that the returns provided by these sites will also be drastically lower. If the user was taking a bet with a larger size, they stand to make a big amount.
Low Deposit Requirement Betting Sites FAQ
Is it necessary to have a separate betting account for the high-value bets?
No, a single betting account is sufficient to bet within the minimum and maximum betting limits. In fact, it is against the ruling imposed by many bookmakers to have not more than a single account. If multiple accounts are to be found, they would lead to scrutiny and suspension.
Are there any sacrifices made in terms of the features and quality?
No, betting sites do not sacrifice features and quality just to accommodate payment options that accept less minimum deposit size compared to the rivals.
What is the minimum is required for signing up with a betting site in India?
India does not have a strict online gambling law. Individual betting sites, however, do not allow individuals below 18 years of age to sign up on their platform.
Is it possible to use mobile apps even for these sites?
Yes, mobile apps are available across the board irrespective of the deposit or wager size.
Is it important to look at the deposit options when signing up with a bookmaker?
Yes, this is an important consideration once the user gets to know how to deposit on a betting site.
India is clearly a very important market for online bookmakers and casinos. There is a huge growing population who are signing up with new offerings to enhance their betting experience. In such a space, the competition to become the top low deposit betting site in India is far greater than expected. However, these are some of the top five names that one can consider when they want to sign up with such a destination. These are able to offer extended payment options aside from the world-class betting experience.