The Best PayPal Betting Sites in India
PayPal is an American digital payment system used in many countries where people make online monetary transactions. With PayPal, you can process payments for online vendors, auction sites, and many other commercial purposes. It is a great platform for Indian bookmakers and punters as it makes fast deposits and withdrawals on online Indian betting sites. In order to transfer money using PayPal, you have to register your bank account or credit card. It does not ask for your financial details when you make deposits at online betting sites.
The safety of transaction details on PayPal is ensured through different services. These include enhanced encryption technology, 24/7 monitoring, and personal data privacy. It uses industry-standard security features as well as a bug bounty system to protect the information you exchange from any sort of vulnerabilities. Other measures taken to provide security to the users include two-factor authentication and protection from identity theft.
Top Betting Sites That Accept PayPal
Opening a PayPal Account
In India, opening a PayPal account is absolutely free and quite easy. To create a new account, follow the steps given below:
- Go to PayPal.com. Click on ‘Sign up.
- Select Personal account. Enter your details: name, email address, date of birth, etc. You will now get a confirmation email from PayPal.
- To use your PayPal account, go to the PayPal dashboard and add your bank card. This serves as your payment card.
You are now ready to use your account to make betting deposits at any online betting site of your choice.
Verifying your PayPal Account to Withdraw Funds
To withdraw funds from your PayPal account, you have to verify your PayPal account in order to protect it from money laundering and financial terrorism. This requires the completion of few tasks mentioned in the task board of your PayPal dashboard:
- Confirm your email address in the mail sent to you by PayPal.
- Upload a scanned copy of your PAN card.
- Add your bank account to use PayPal as our legislation does not allow Indians to store money in digital wallets outside India. You will get two transfers by PayPal after adding your bank account details. Confirm them.
- From a drop-down menu that appears, select the purpose of your account transactions. For betting purposes, you can choose gambling.
- This is a simple procedure but it could take a few days for PayPal to review your documentation and verify your account.
How to Use PayPal in India?
The only requirement to use PayPal is a top-up and linking your bank account to your PayPal account. With this, you can now sign up for any number of betting sites in India.
To deposit funds in your betting site account using PayPal, follow the steps given below:
- Log in to your betting site account and go to the cashier section.
- Click on deposit and select PayPal as the method of your deposit payment.
- Enter the amount you want to deposit.
- Select continue. You will now be prompted to login into your PayPal account to check and confirm your payment.
In India, you can directly withdraw funds from your betting site account to your PayPal account. Sometimes, you might be charged with a small withdrawal fee. Making a withdrawal involves the following steps:
- Log in to your online betting site account, go to the cashier section.
- Click on Withdraw. Select PayPal as your withdrawal payment method.
- Enter the amount you want to withdraw.
- Select confirm.
These withdrawals can take up to 3 days to complete. Also, there are a few requirements before withdrawals to acquire some bonuses. The amount you can deposit or withdraw has limits (maximum and minimum) imposed by the betting site.
The Best Betting Sites Accepting PayPal
- Rajabetst: This site is one of the best options for Indians as it generates some great live betting odds in India. You can choose from all types of sports to bet on as they have a large selection covered. For those interested in wagering on cricket, Rajabets has a cricket blog that gives information on how to place cricket bets. It also has statistics and insider information so that you can have an informed sports bet.
- Funbet: Having launched recently, Funbet is gaining fast popularity due to its exclusiveness. With Funbet’s Fast Markets, you can bet on whether a wicket falls within a particular amount of time. It also features niche sports like Handball, Bandy, and Gaelic Hurling. Their IPL matches cover everything ranging from Top Batsman, Man of the Match to in-play bets like next wicket. There are combi boost bonuses that increase your chances of winning on multi-bets by 50%.
- Betway: With a wide range of sports to bet on, Betway has many more betting options like in-play and pre-match betting. It is licensed in Malta and UK and allows transactions in rupees for Indian players. The cash-out feature offered by Betway is very helpful if you change your mind midway through live betting. It also provides detailed historical statistics and live updates.
The Best Cricket Betting Sites Accepting PayPal
The game of cricket has a huge fan base in India which takes the excitement of cricket betting to an entirely new level. Here are the 3 best cricket betting sites that accept PayPal:
- Rajabets: This is the leading sports betting site in India having up to 25 different sports markets. It covers almost all cricket tournaments including the Big Bash, UK Country Cricket, and Australian Sheffield Shield. Even a small amount like 20 rupees can allow you to bet on things like the highest amount of sixes in an over or the runs scored in the first over.
- ComeOn: The interface of this site is visually attractive and very informative. Considering the popularity of cricket in our country, ComeOn! offers many matches, amazing odds, and a thrilling live betting experience for Indian punters. It covers the biggest cricket leagues in the world. Cashback is also given if you are losing a cricket bet.
- Bet365: This is the biggest online betting site in the world offering a high-quality cricket betting experience in India. It has a variety of markets for all kinds of cricket tournaments and you can bet on almost every single part of the match. The cash-out feature permits you to leave an ongoing bet if you are on the losing side. The best thing about Bet365 is that you can live stream cricket matches like the IPL for free. You can also watch the in-play bets that you make.
This, Indian punters can have safe deposits and withdrawals on their favorite betting sites using PayPal and have an enjoyable betting experience.