Depositing Money at an Online Casino

Depositing money at online casinos is the final step towards playing the game of your choice. Since Indians are now more interested in gambling and tackling all that the industry provides, knowing how to deposit money is one of the most important things that completes the puzzle for good. But this particular move is not as easy as it sounds. Due to the importance of being able to complete transactions with ease, we need to know how to deposit money safely and complete the process in a matter of time. So let’s dig deeper into the subject, explore everything and learn how to place deposits effortlessly.

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With games like Teen Patti and Andar Bahar, the Indian gambling scene has certainly taken off to a whole new point. We now have our casinos and a majority of foreign casinos with games and gaming options like no other. The choice that we now enjoy is second to none and exploring it will be of great help in understanding all that we are talking about. However, to get things going, we need to make deposits and complete the process in the right manner. With several problems coming out on this front, learning how to effectively place deposits is the new norm that we need to follow.

And in order to follow that, we need to know about the different types of deposit methods and how they help you start your journey into the gambling scene.

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Types of Deposit Methods

Completing online transactions tends to move across different types and the same can be said about gambling. So listed below are some of the types of deposit methods that you will commonly find at online casinos along with their pros and cons.

Bank Card

Credit and debit cards like VISA, MasterCard, RuPay and so on are some of the most common ways to complete your transaction using a Bank Card. While the process is fast and convenient, you might face a few problems during the completion of the transaction. For example, not all banks agree to complete gambling-related transactions and that could stand as a major hurdle towards getting things done. Since Indian banks are known to be conservative, you might lose out on such opportunities and will have to look out for other alternatives.

However, there are positive changes on this front that could, at times, help you out to a huge extent. And to complete the process, you will also have to create an account with casinos, which, for some, might be considered a long process. Thanks to that, we will be looking at a mixed list of pros and cons.

Pros

  • Fast, convenient and effective mode of transactions
  • Easy to use and reliable

Cons

  • Limited number of banks.
  • Can be time-consuming for some.

United Payments Interface (UPI)

UPI transactions have changed the face of online payments. They are fast, reliant and quite effective in situations where the individual has no time to spare. Since it is an instant payment system, you can be glad about the same and feel safe while completing the transactions. And once you are done, you will always receive an alert from your bank, which will also act as a guarantee for the completion of the transaction. Due to its many advantages, top casinos have relied on this method and you will always find your favourite casino promoting the same.

All you require is a UPI ID, which tends to come from a UPI app. Top applications like Google Pay, PhonePe and so on can be used for this purpose. And upon completion, you can check the transaction to verify the payment.

Pros

  • Secure payment option that is also fast.
  • Extra charges will not be applied to the transaction.

Cons

  • Possibility of payment being delayed due to processing.
  • Problems arising due to bad network.

Paytm

Paytm along with other EWallets has also played a huge role in the digital mode of transactions and completed the process in a matter of time. While they witness a few players shifting over to UPI payments, they have managed to retain the core set of their audience and some of them use their application to make payments related to gambling. Moreover, top casinos also accept such payments and thus, that makes the process convenient. Apart from Paytm, you also have other EWallets like Neteller and Skrill which add further value and stand on top of the list.

Due to that, you are left with a long list of options and choosing EWallets is another way to make payments related to gambling. However, they also come with disadvantages and you can check them all in our list of pros and cons.

Pros

  • Helpful in saving money in the long run.
  • Lowers the risk of theft or loss.

Cons

  • Highly dependent on your smartphone.
  • Not a universal mode of payment.

Instant Online Bank Transfers

Using instant online bank transfers is another way to start getting hold of your gambling-related activities. It is quite effective and faster than using Bank cards. In fact, it was started for the sole reason of having a secured and faster payment option that comes from banks. As a result, using it will certainly be of great interest and help you get what you need. However, there are significant downfalls to this method, which also signifies why it is not as common as the rest of the methods.

While they are instant, there are a lot of details to be filled in before completing the transaction. As a result, it is not as fast as UPI transactions and certainly not as quick as EWallets like Paytm. Apart from that, not all casinos will accept this mode of payment and get it done with ease.

Pros

  • An instant mode of payment.
  • A good online experience.

Cons

  • Less flexible when compared to other transactions.
  • Can be considered a time-consuming process for some.

Cryptocurrency

There is a new kid on the block and it is a payment method called Cryptocurrency. While it does not require an introduction, considering how it makes the market move, it does need a brief opening for the world of gambling. As an innovative payment option, it was only a matter of time before cryptocurrency caught on and appeared in online casinos. While the number of casinos that accept the payment method is few, you will find notable ones that move ahead and help you make the most of this option.

Since these transactions are fast, secure and safe, you have nothing to worry about and can use the same as and when you prefer. Due to all that, the list of pros and cons for this method is quite different and will look like the following.

Pros

  • A quick and safe way of making payments.
  • An innovative and flexible method of making payments.

Cons

  • Limited number of casinos.
  • Requires time to grow as a common method

Ranking the Best Deposit Methods

Now that we are aware of the five main types of deposits, it is time to look towards the best from the lot by ranking them on the basis of the pros and cons that they bring forward. So on a scale of 1 to 5, here are the top five methods of deposits that you should choose to make your gambling payment.

UPI - United Payments Interface (4.5/5)

There’s no denying the fact that UPI has turned into a juggernaut for online payments. And by analyzing the same, several online casinos have chosen this option to help players make payments with ease. Thanks to that, you are bound to find UPI as a payment option for almost all Indian casinos. As a result, it is accessible and completing a transaction with UPI is easy as eating a cake. Hence, it gets a 4.5 out of 5.

EWallets - Paytm (4/5)

EWallets are another source for online transactions and an important source for effective online transactions. They tend to come in at the right time and complete the process with ease. Thanks to that, you are not going to find a lot of casinos that refuse to entertain this method of payment. And since Paytm is quite famous in the Indian market, you can always rely on the same to complete your gambling-related transactions.

Thanks to that, EWallets come right behind UPI transactions by receiving a rating of 4 out of 5.

Bank Card (3/5)

Bank cards like debit and credit cards are also quite effective in setting things heading in the right direction. They tend to come in with a number of advantages and a few disadvantages, which stand as the main reasons for being behind both UPI and EWallets. While Bank cards are safe, they are not quite as fast as UPI and certain banks won’t be ready to accept or promote payments from online casinos. As a result, it comes in at number three with a lower yet considerable rating of 3 out of 5.

Instant Online Bank Transfers (2/5)

Instant online bank transfers are fast and reliable but they don’t stand a match against other transactions that are commonly used for gambling-related activities. Moreover, the need to complete a few details against the idea of being fast and reliable takes the process in a different direction. As a result, you can rely on other methods to complete the deal and get things moving in a proper manner.

Cryptocurrency (2/5)

We do believe that cryptocurrency has an important role to play in the future. However, for things to truly materialise, the Indian gambling scene should embrace cryptocurrency and get it moving effectively. Due to that, you can rely on other methods rather than an innovative one that will certainly take time to play an important role in the future.

Now that you are aware of the best methods, it is time to know more about the best casinos that accept these methods. Since online transactions need to be safe and secure, only legal casinos need to be approached for the same. As a result, the following will help you get things completed effectively.

Top Casinos and their Best Deposit Methods

LeoVegas

LeoVegas gets everything right from the start. It has the right set of games and helps you choose from the best. And to top it all, it also brings in a mobile-friendly approach that goes a long way to make sense in our day and age. However, the main point of attraction is the deposit methods which are also several in number. Apart from bringing in fast and secure methods, it helps you choose the payment option that suits your needs and completes the steps that you require the most. They accept bank cards and other methods that have been known to be unique.

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Pure Win

Pure Win is another top platform where you get all the payment methods of your choice. Their fast and effective methods of payment will help you out to a huge extent and will make a difference for good. Moreover, their responsive customer support will be willing to help you and solve all your doubts as and when they appear. Thanks to that, exploring their website and looking towards their payment options will be of great help in choosing the casino that you need the most.

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1xBet Casino

1xBet Casino is here to offer different types of casino games and choosing them will help you gamble in the right manner. While withdrawing money is quite slow, you can make things work with a welcome bonus, several payment options and a lot more. As a result, there is a significant balance on the table which will help some and might not help a few others.

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Royal Panda

Royal Panda aims to provide players with the best gaming experience and for that purpose, you will find games of the highest quality, gaming options that make sense and overall, deposit methods that are known to be effective. Their row of progressive jackpots will also be of use and it keeps getting better as you venture forward. Thanks to all that, Royal Panda needs to be considered and there are several reasons to do so.

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FAQ

Yes, it is legal to deposit money at an online Indian casino, provided you choose the ones that are secure, licensed and regulated. The casinos mentioned in this article are completely safe and will always be the right ones to help you make payments and get things moving.
Casinos have their own rules for bonuses and thus, receiving the same depends upon their terms and conditions. However, a significant number of online casinos do provide you bonuses and other kinds of rewards upon making a deposit.
Depositing money into an online casino can be processed with payment methods. And upon checking out the list, you will find a method more suitable for you. So all you need to do is visit an online casino and get things done in an accurate manner.

Conclusion

From deposits to payment methods, we have covered the things that you need to know the most. So go ahead and choose a method of your choice and complete the deal in style.