It is easy to recommend UPI payments compared to any other form of payment option due to several factors like speed, ease of use, and reliability.
Contents
- 1 Some of the top UPI Betting Sites in September 2024
- 1.1 4rabet – Recognizable and trustworthy
- 1.2 Parimatch – Ultimate reliablility and trustworthiness
- 1.3 Melbet – Bonuses you won't want to miss
- 1.4 1xbet – A wide array of sportsbooks across the world
- 1.5 22Bet – A great user experience
- 1.6 Casumo – A great UPI established site
- 1.7 ComeOn – Some of the best casino offers
- 2 How to make UPI deposits with a bookmaker?
- 3 How to use UPI in betting sites in India
- 4 Pros & Cons of Using UPI in betting sites
- 5 UPI Betting Site and UPI Deposit FAQs
- 6 Conclusion on UPI Betting Sites
Some of the top UPI Betting Sites in September 2024
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There are a handful of excellent UPI betting sites that provide support for UPI payments amongst other forms of deposits.
4rabet – Recognizable and trustworthy
A popular online bookmaker we need to mention is 4rabet. It is an official and legal bookmaker in India and has customers all over the world. 4rabet offers betting and online casino on the same platform. It is a highly recommended site for online casino in India.
4rabet is a must-visit UPI betting site if you want to bet on cricket, football, tennis, ice hockey and many other sports with pre-match and live betting. It also offers various bonuses to the customers. It also has a very safe and secure payment interface, supporting PhonePe, Google Pay etc as UPI payment options.
Parimatch – Ultimate reliablility and trustworthiness
Parimatch is one of the top online betting bookmakers and UPI betting sites. Over the years, Parimatch has gained the popularity and confidence of online betters. Parimatch also has its mobile app, which makes it an even more convenient place for betting as well as checking the bet status on the go.
Parimatch is a very commonly used worldwide as it has a very good online platform for betting. It also supports reliable payment methods. It supports popular UPI payment methods like PhonePe, Paytm, GooglePay etc, for depositing and withdrawing funds. The bookmaker provides customer support.
Melbet – Bonuses you won't want to miss
Melbet promo code is an online casino and sportsbook that has been among the top UPI betting sites since 2012. The presence of the brand in India has grown over the last few years after its support to the various local payment options and local currency. One will be able to fund the Melbet account using Indian rupees and with options like Skrill or cryptocurrencies. More importantly, betting with UPI payments is supported through apps like BHIM, PayTM, and more.
1xbet – A wide array of sportsbooks across the world
Founded in 2007, 1xbet is an old and popular online betting platform which is based in Cyprus but very popular in India as well. They also sponsor Chelsea FC and Liverpool FC.
1xbet allows traditional withdrawal methods using credit and debit cards such as Visa or Mastercard etc. In addition, it also started accepting deposits and withdrawals using newer, faster and safer technologies like UPI. It supports transactions through Paytm, PhonePe, Google Pay and all the major UPI apps.
22Bet – A great user experience
22Bet is one of the best UPI betting sites with a presence in the international betting scene. It manages to present users with a large array of sports betting options. Founded in 2017, the brand has quickly grown into one of the crucial betting platforms in India by virtue of supporting the local currency and popular Indian payment options. UPI happens to be one among them and it is one of the many payment options that become eligible for bonus offers provided by the brand.
Casumo – A great UPI established site
Casumo is one of the established UPI betting sites on this list after having been around in the betting scene since 2012. As one of the early adopters of the UPI deposit option, Casumo has made itself endearing to a large section of the audience. The casino section at Casumo is still on the rise, as some of the sections like the live dealer tables are yet to be on par with the competition. However, bettors will have few reasons to complain.
ComeOn – Some of the best casino offers
A modern betting destination, ComeOn bonus code has a hand in some of the best sportsbook and casino offers that can be available in the segment. In addition, it has a long list of missing features that are designed to appreciate those who are seeking new experiences from the world of betting. It will also be extremely useful for newcomers who are just entering the segment. The biggest attractiveness of ComeOn will be its support to UPI payments, which means that it is very likely to help punters put funds into the account without any issues.
How to make UPI deposits with a bookmaker?
There are simple and easy steps to follow for making deposits with the UPI payment option. They are:
Downloading the wallet
The key step for using the UPI payment method will be to have a wallet, which will be the place where the transaction gets initiated. There are several wallets available with UPI support and they can be downloaded from the Android’s Play Store or Apple’s App Store depending on the device in question. Some of the popular wallets would be:
- Google Pay
- BHIM
- PhonePe
Now, the preferred bank account needs to be linked with the wallet. This step needs confirmation from the bank account to confirm the authenticity of the request.
Joining betting sites that support UPI payments
After creating the wallet, users need to find out which UPI betting sites accept UPI payments and create an account with the same. Thankfully, the list of bookmakers who support this payment option is quite large and it is also growing by the day.
Making deposits
After opening an account with the bookmaker, users need to go into the UPI betting sites account section where a deposit option is provided. One should select the UPI deposit option and enter the amount. After proceeding further, users will be redirected to the wallet. Upon entering the pin to confirm authenticity, the transaction is completed and the amount is deposited almost instantly.
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How to use UPI in betting sites in India
A little UPI History
In the past two decades, match previews, predictions and online betting for various sporting events or virtual sports have increased multifold. Gaming and gambling have gone online, and payment methods have also been enhanced. The users got easier, quicker and more reliable payment methods with the introduction of the Unified Payment Interface (UPI) in India.
UPI allowed the transfer of funds almost instantly from one bank account to another without the need of a physical card. All you needed was a mobile, the UPI app and a healthy internet connection.
Paytm, GooglePay, MobiKwik, and PhonePe are some of the widely used UPI apps used by UPI betting sites in India. These UPI options can be used for both deposits as well as withdrawals of funds to and from the UPI betting sites. Not only it made the life of betters easy, it also increased footfall at online betting sites due to added convenience and reliability. Let’s see how deposits and withdrawals work at UPI betting sites.
UPI, or the Unified Payment Interface, has rapidly risen to become one of the important payment options in India. It would be a surprise to go into a retail store in India that does not support UPI payments. This rapid expansion has been made possible due to the several inherent advantages of UPI payments. It is extremely cheap and fast compared to cards payments and it has even been able to surpass Internet bank transfer in its popularity. Therefore, it should not come as a surprise to see a whole host of UPI betting sites become available to the punter from India.
UPI Withdrawals
All top online bookmakers provide options to withdraw your money from your betting account to the bank account using UPI payment method. But for this, first one needs to have your UPI ID.
If you don’t have the UPI ID already, you can download and install one of the UPI apps like PhonePe or Paytm, Google Pay or likewise. After installing the app, you need to verify your registered mobile number by means of OTP, and then create a simple virtual ID which can be used as UPI ID. It generally consists of your phone number.
Once you have your UPI ID, you can select the UPI app (e.g. Paytm, Google Pay, PhonePe etc) at the time of withdrawing money from your online betting account. Additionally, you may be asked to enter your UPI ID or mobile number, and then the money will be withdrawn and transferred to your bank account in a short time.
Let’s briefly look at some of the online bookmakers using UPI for fund withdrawals and deposits.
Pros & Cons of Using UPI in betting sites
Every side has two coins, likewise any technology like UPI also has its pros and cons.
Pros
1. Safe & secure transactions
When it comes to money transactions, safety and security is first. UPI is developed by NPCI under the guidelines of RBI. Hence, it provides a sense of safety and security. UPI transactions are reliable, safe and secure.
2. Zero transaction fees.
We all have been paying fractional amounts as charges to our credit or debit card companies so far. But payment using UPI is absolutely free of cost, irrespective of the amount.
3. Transaction time and Convenience
UPI transactions are not only hassle-free but also quick. The use of mobile phones, apps and simple OTP for transaction approvals have made it so much more convenient than other payment methods on these UPI betting sites.
Cons
1. Possible delay in payment.
Though it’s not probable, it’s not completely impossible for a UPI transaction to fail or remain in pending state for some time. Some technical issues or internet connectivity problem, or issue with the banking servers may lead to transaction failure, which may force you to redo your transaction.
2. Problems with unfinished transactions.
Sometimes, it may happen that money is debited from the source account but not credited into the intended account. In such case, you need to either wait for a closure or then you may have to call on customer care number to raise a complaint.
3. Not impossible to hack.
Your UPI app security can be compromised if your phone or UPI pin is leaked unintentionally. Hence, it is very much important to keep your phone and UPI pin safe and secure.
UPI Betting Site and UPI Deposit FAQs
Is it legal to go with India’s UPI betting sites?
Indian gambling laws do not explicitly put a ban on online gambling. Therefore, it is legal to be part of the online gambling network provided by bookmakers.
Do bookmakers provide a welcome bonus when using the UPI payment option?
Most of the welcome offers provided by bookmakers tend to involve all payment options with only a few e-wallets being excluded from the same. It is important to check with the bookmaker before signing up for these offers.
What is the cost of UPI transfers?
There is absolutely no cost associated with transfers to UPI betting sites using this payment option. This is completely free of charge.
Is it safe to use UPI deposit options?
Yes, UPI is backed by the Reserve Bank of India. It is a safe option to transfer funds.
What is the time taken for the UPI transaction?
The advantage of these transactions on UPI betting sites is that the transfer is made absolutely instant.
Conclusion on UPI Betting Sites
Online bookmakers have started providing UPI payment options in addition to traditional options like net banking, credit or debit cards. These UPI payment options are very easy, convenient and quick, but you also need to be wary about your phone’s security and UPI pin. Also, you may have to occasionally deal with failed or incomplete transactions and respond based on the situation. However, more often than not, you will experience successful, reliable transactions at betting sites using UPI. UPI benefits are immense and that’s the reason it is one of the most commonly used payment methods these days on the online betting sites.