Bets from any bookmaker company always raise many questions for bettors, which are based on a possible lack of information. For the understanding of all processes to be transparent, we will tell you how to conduct a transaction, websites about payment systems, and how the winner is determined.
What is the basis for choosing the winner of the game?
Sports betting is a very popular event that brings a lot of drive and emotion to users who place bets. Choosing a winner is a very subtle concept that depends on a lot of factors, the presence of high odds, a varied selection of bet types and markets. When forming the correct strategy and placing a bet, if the bet is winning, the user receives winnings to his game balance. Bets are placed before the start of the game. There are 2 types of bets, live and pre-match:
- Live. Betting is carried out in real time when a match or tournament takes place online with live broadcast in an online bookmaker company. Accordingly, within a match in real time, you immediately understand who the winner is and whether your bet is winning;
- Pre-match. Here, bets are formed in advance before the main meeting of the teams on the field. This type of bet is suitable for those who need more time to analyze and formulate a bet.
Check out these two betting forms to choose the one that is more interesting to you. All of these scenarios occur under certain conditions. Each of them has its own winner and, respectively, successful and losing bets.
Available markets in sports betting
A market in sports betting is a specific betting option offered by a betting company on the opposite event. Various totals total or less, basic options along the lines of first team win, draw, second team win, as well as combination bets. The most popular markets that can bring success are pure outcomes on the victory of the first or second team. The second most popular market is various totals on goals.
The number of markets at each bookmaker depends on the popularity of the sporting event. None of them offers a wide rosette for very rare matches.
It is important to take into account the fact that the higher the popularity of the match, the more non-standard, exclusive and exotic markets you can get to choose from the bookmaker’s office.
Online Betting Sites with safe withdrawal transactions
Having studied all the available payment options discussed below, we are ready to provide you with a recommendation of top sites that have mobile applications for download, as well as all types of popular and safe options for deposits and withdrawals of winnings:
- 1xbet:
- Mostbet;
- Parimatch;
- Rajabets;
- Paripesa;
- Indibet;
- 10Cric;
- Fun88;
- 22bet.
How does the transaction process work?
Depending on which site is selected, it offers a certain list of payment transactions for depositing and withdrawing winnings. If the bookmaker company has a mobile application, you can use fast transactions in it. The transaction process depends on the bookmaker and the deposit mechanisms that the bookmaker offers. But there are also standard instructions that apply to all online bookmakers. We suggest considering two types of transactions, on the official website and in the mobile application.
Payment transactions through the official bookmaker’s website
If the betting company has a licensed mobile application for Android and iOS, you can download it to your portable device and make instant deposits at any convenient time without restrictions. Not a single bookmaker tries to deviate from the standard and well-known procedure for crediting deposits. It is attached below in the list of instructions:
- Choose a site that meets your wishes and expectations. The best licensed sites from the list can be selected here;
- Go through the registration process. Activate your account and go through the account verification process;
- Log in to your personal account using the login and password generated at the time of registration;
- Click the Deposit button. A list of all available payment systems in your country will appear on the screen. Minimum and maximum limits are indicated;
- Decide on the amount you want to credit to your game account, enter it in the window after selecting the payment system;
- Confirm the operation. The money should be credited instantly to your gaming account.
Payment transactions in the mobile app
The fastest and easiest way, if you want to not be tied to the time of placing bets, is to download the bookmaker’s mobile application. Often, each mobile bookmaker has a high-quality mobile application that performs an analogue of all the functions that are presented on the site. The algorithm of actions to download the program is standard in all modern online bookmakers:
- Research the availability of safe and reliable online sports platforms that accept bets in your country. Go to the official website and check the availability of mobile applications for Android and iOS;
- Click on the button corresponding to your OS option to download the apk file;
- Set the permission in the security settings to be able to install the apk file extension;
- Follow the instructions on the phone screen to install the application;
- If installed correctly, a label with the bookmaker’s logo should appear on the phone screen.
Payment methods in India
Depending on which online operator you like. The best online operators in India offer a large selection of payment transactions, including cryptocurrency for deposits and withdrawal of winnings. If there are limits on some types of payments, after registering in your personal account, when making a transaction, all the data is shown on the screen.
The following payment methods are available in India for sports betting:
- Mastercard/Visa. The majority of online casinos today accept MasterCard and Visa payments, making them safe and secure. If you are using this method to place a deposit, some important info is required, such as the card’s statement of validity and the card’s three-digit CVV number. With most casinos, the money you deposit is credited to your account instantly. With regards to withdrawals, transactions related to this method are also completed within 3-5 days, and this is one of the most recommended payment methods at casinos;
- UPI. UPI is one of the most popular and frequently used transaction methods. The processing of this method is offered both through the mobile application and the official website. It has simplified the payment process and made it more approachable for non-technically advanced users. It’s ease with which transactions can be finished with just a few touches on a phone has become the method of choice for many;
- PayPal. The largest debit electronic payment system. Of the many payment methods offered by Indian casinos, PayPal is one of the most famous and popular. This refers to the e-wallets that are implemented as applied services in all popular and reliable casinos;
- PhonePe. Certain users who use this type of payment transactions to make deposits in online casinos, with adequate minimum limits and convenient payment navigation. You can take a closer look at PhonePe as it is safe and legal in India. Making deposits and withdrawing winnings in the same way makes it convenient and saves a lot of time;
- PayTM. PayTM is a popular payment method at online casinos in India. The multi-purpose PayTM payment platform makes it not only easier to pay mobile payments at online casinos, but also provides a means for a variety of other payments such as cell phone deposits, checking accounts, etc. As a digital payment solution domestically, it has a strong user base in India, and integration throughout all online casinos has been a seamless experience. Being a platform with a proven track record for secure and fast transactions makes it an appealing alternative for gamers, and PayTM’s easy-to-use interface means that even those who are new to online casinos can perform transactions smoothly;
- Netbanking. Another reliable method of payment transactions is Netbanking. It has been popular and proven for many years. It is perfectly used by dozens of betting companies. Provides a comprehensive security system, including several levels of authentication, which allows free and secure transactions. Provides a direct link between bank accounts and casino platforms, eliminating intermediaries and providing a simpler transaction process. It also provides flexibility by interfacing with many bank divisions. It is preferred for depositing game accounts, as well as for withdrawing winnings and bonuses;
- Skrill. A convenient payment method known as Skrill refers to a type of e-wallet. It is also registered as a safe and secure method of transferring electronic money. Utilizing Skrill is costless: you can reload it with Maestro or bank transfer, or can send funds to an alternative payment account. And with most Indian casinos processing Skrill-based transactions instantly, it is regarded as one of the best ways to pay at casinos;
- Neteller. International option for deposit and withdrawal, presented in the regular list of bookmaker companies. This is a global brand, adapted to the Indian market as well. The minimum withdrawal amounts for this method vary depending on the selected operator, but meanwhile it is highly popular due to the speed of transactions and its prevalence in India;
- Cryptocurrency. With the development of cryptocurrencies in everyday life, online bookmakers couldn’t help but incorporate them into their payment transactions. Quick payment speeds make cryptocurrency a popular means of payment. Meanwhile, a high level of security is ensured. Usage of blockchain tech makes it transparent and immutable, decreasing the risk of fraud. Moreover, it is comfortable as it has no fee for currency conversion.
Typically, deposits have an instant credit option, while withdrawal of winnings depends on the chosen method, but no more than a couple of hours. Bank transfers can take from 3 to 7 banking days, and cryptocurrency transactions within several hours.
