Is Using PayTM for Online Betting Legal?
Based on Indian law, going to a gambling house or owning one is not allowed. You can bet online on betting sites accepting PayTM without breaking the law because, under International Law, all sorts of betting are legal. Through PayTM betting sites, you can win money legally.
Using foreign betting sites that accept PayTM and depositing Indian Rupees will not charge you for breaking any law. So you feel safe to deposit money on PayTM. If it is not legal to bet through PayTM betting sites, it should have been shut down long ago.
How did PayTM help Legal Cricket Betting Become Popular?
The Paytm app’s disappearance in Google Play Store has caused many questions in PayTM users’ minds. The app has supported different structured and unstructured businesses to recover from the demonetization in 2016. It also helped people to pivot to digital with online transactions.
The updating and downloading of services were disrupted when Play Store removed the app from its list. However, the existing users can use the app and their services without any problem.
The main reason why Google removed the app is because of the gambling issue. The Public Gambling Act of 1867 forbids operating a public gambling house. But if the betting is done online, it is not an illegal activity. Legal cricket betting has become popular when done through PayTM betting sites. Because of the loophole in the law, Indians were able to bet on anything.
Different sports betting sites that accept PayTM as their payment systems increase, including 10CRIC, Betway, Casumo, and others.
Bonuses Offered by PayTM Betting Sites in India
PayTM Betting sites offer bonuses not only to their first-time users but also to their loyal users. Players are offered different bonuses and free spins that are pretty tempting. Below is a list of bonus offered by betting sites accepting PayTM and some information about them.
The welcome bonus is offered to first-time depositors with verified Email IDs and Mobile Numbers who play on a mobile app or PC. To avail of this, you need to deposit at least Rs. 25 or up to Rs. 20,000 depending on the betting site. Use the Bonus code PT1000 to avail of the 100% Welcome Bonus. The 100% Welcome Bonus is applicable for the first cash deposit and will be given in parts.
The free bet is a welcome bonus that you can avail after making your first deposit, placing your bet, and getting a free bet in return.
The usual free bets are as follow:
- If you bet ₹1,000, you get ₹3,000 in free bets.
- Bet ₹1,000, and you will receive ₹1,000 free bets.
- You can also bet ₹1,000 and bank in two ₹500 free bets.
If you are betting for the first time, you don’t need to bet more than ₹1,000. The returns will differ depending on the PayTM betting site. To become legible for the free bet, you need to comply with the wagering requirements. Most of the time, you need to stake a wager on odds of 1.8 or higher, but you can also wage less.
You have to use the bet you receive within a specific time, usually between 7 to 30 days, and should stake on particular odds or even markets. You will never get the free bet amount in the winnings you received.
A risk-free bet is another version of this offer – a refund of your initial bet if it loses.
The Free Bet is a popular bonus offered by PayTM betting sites and Paytm casinos. As the name implies, it is an opportunity for you to place a bet for free. This will give you the chance to place bets without spending your own money. It is popular because it allows players to place their bet without risk.
Some PayTM betting sites are giving out free bets as a welcome bonus.
Exclusive PayTM IPL Betting Offers
Aside from free bets and a welcome bonus, an exclusive PayTM IPL betting offer is available. You can choose to take the exclusive welcome bonus offers, including a casino bonus of up to ₹10,000 or a sports betting bonus amounting to ₹2,500. PayTM IPL betting offers are enticing and cater mainly to your specific interests, unlike other digital betting options.
But before you avail of the PayTM IPL betting exclusive offers, you have to read the terms and conditions and ensure that you meet them to make the offers valid. Some betting sites accepting PayTM like Comeon offers an exclusive PayTM IPL betting bonus amounting to INR 35,000 Sportsbook Bonus.
100% Accumulator Refund
If you place your bet in your accumulator and lose, you will get a 100% refund. However, this refund is only valid on bets completed on events with odds of 1.7 or higher. To get this bonus, you should position accumulators with seven or more selections. If you decide to cancel the bet or take it back, the bonus will not be activated. This offer is used on pre-match and betting events.
Accumulator of the Day
With this bonus, you can choose from several accumulator bets to be placed on sporting events for a day. An expert from the betting sites which accept PayTM will choose the best possible results and profitable odds. If your chosen accumulator wins, the odds will be increased by 10% to allow you to bet in the accumulator and get a 10% increase in odds.
Top 4 New Betting Sites which accept PayTM
Several new betting sites which accept PayTM allow Indian Rupees and have different cricket markets. In the list below, we have chosen the top PayTM betting sites that go the added mile. These betting sites which accept PayTM include all the vital factors like welcome bonus eligibility, free-of-charge withdrawals, and low deposit limits.
Betwinner is one of the biggest online PayTM betting sites in the world. The site offers everything, from an online casino to an online sportsbook. These betting sites which accept PayTM provide a wide selection of markets and have the best customer support. New customers will enjoy the Betwinner promo codes, and their bonuses are also great.
Betwinner has one of the most generous welcome bonuses as compared to other betting sites that accept Paytm. New customers will enjoy a 100% matched deposit bonus of up to 100 Rupees. Claiming the bonus in betting sites that accept PayTM is easy. You only need to register and top up your account with 100 Rupees.
Usually, your bonus on betting sites accepting PayTM will be credited to you instantly. The minimum amount required to deposit to get the bonus is 1 Rupee.
You need to agree with PayTM betting site conditions to claim the bonus. It depends on your country of origin. You can do this on the betting sites which accept the PayTM Account Settings page or the Deposit page.
The bonus comes with 5x wagering requirements, which is quite good. A bettor should include three or more events in any accumulator bets, and three of these events should have 1.4 odds or higher.
Together with a generous welcome bonus offer, it also offers different ongoing promotions. These may change and may release new offers weekly. The betting sites which accept PayTM usually offer money-back, the Betwinner promo code, and giveaways, etc.
Esports Betting Markets
These betting sites which accept PayTM offer a good selection of betting markets, and you will find everything like PUBG, Dota 2, Rainbow Six, CS: GO, and King of Glory. Several Betwinner esports markets also offer a wide selection of betting markets to choose from. Esports bets can be put on other types of bet which includes accumulators system and chain bets. On its betting page, you will see recommended bets every time you enter a particular event page. Betwinner makes it easy for the user to view even odds.
Offers 100% bonus for new customers up to ₹25,000
2. Casino Days
One of the popular betting sites which accept PayTM and welcomes you with a new player bonus is Casino Days. If you play regularly, these betting sites which accept PayTM also offer promotions like free spins, instant feature bonuses, and reloads.
You will be amazed at these betting sites which accept PayTM slots selections from well-known software providers. This is one of the reasons which makes it popular. You will also enjoy the actions at the live Casino. Email support and live chat are available, so you can easily get help if you have any issues claiming your welcome bonus.
Casino Days is a legal and safe operator with a Curacao license and advanced site encryption. All legal betting sites which accept PayTM in India use licenses from Malta or Curacao. Thus, Casino Days got their seal of approval for safety and security from Curacao.
Casino Days offer a welcome bonus in the form of cash reload, which is 100% of your deposit up to ₹20,000. The welcome bonus offer is a guaranteed cash bonus. You will be wagering using a real money balance, and after you met the requirements, these betting sites which accept PayTM will release the welcome bonus in real cash. On some gaming sites, you can lose your welcome bonus. But that’s not the case with Casino Days deposit bonus.
Availing of the Casino Days cash bonus is easy. Most of the PayTM deposit betting sites offer a simple process. You need to open an account and sign up at Casino Days. Then make a deposit and claim your welcome bonus from these betting sites which accept PayTM. With your cash balance, wager the bonus amount 35x. Get actual money bonus amount.
Loyalty Program and Promotions
One of their loyalty-like offers is the weekend cashback, where you can take part once a week. It is a 10% back up to ₹10,000 on the amount you will not win between Friday and Sunday. You are qualified for the cashback if you place ten bets in Live Casino and lose ₹10,000.
Casino Days has a wide selection of games for more than 2000 game titles. The games are divided into Live Casino and Casino.
Offers ₹1000 free bonus on a minimum investment of ₹500
22Bet is a PayTM betting site that offers a wide array of sports to bet on, including sports, favored by Indian gamers like cricket and horse racing. But the site’s primary focus is football betting. The site also offers different deposit methods, convenient for Indian players to withdraw and deposit money than other betting sites which accept PayTM. You can choose from over 100 options available like slots, live gaming, and table games. The game selections on PayTM betting sites change regularly, so you will find the one that will suit you best.
First time user of 22Bet gets welcome bonus 100% up to ₹10,000. So, if you deposit ₹10,000, the site will give you an additional ₹10,000 on top of your deposit. You will also receive 22 bet points. It is quite a big bonus as compared to other betting sites accepting PayTM.
To avail of the 22Bet Welcome Bonus, you should click the claim button. Open an account on betting sites accepting PayTM and deposit the minimum amount of 80 rupees.
You should wager the bonus funds within seven days, after which it is not valid. You should wager it five times with accumulator bets. The accumulator bets on betting sites which accept PayTM have at least three options odds of 1.40 or above to qualify.
Get a 100% Welcome bonus of up to ₹25,000
Casumo offers hundreds of slots and table games from big developers in the world. Casumo India was established in 2012 by people who love to gamble. The company offers lots of products for the punters worldwide, such as jackpots, live Casinos, sports betting, and jackpot. This award-winning PayTM betting site offers a friendly site and support system.
The site provides access to a “gamified sportsbook.” It means that the sportsbook looks like a game, with attractive buttons, and is user-friendly. Casumo is one of the betting sites which accept PayTM that targets casual bettors that do not demand a site with advanced betting features.
Casumo does not offer any betting bonus, but you can use the welcome bonus on sports betting and casino games. Just make sure your bet is above 1.6 to complete the wagering requirement. To attract people to sign up, Casumo provides a welcome bonus to get additional cash up to 50,000 Rupees bonus money.
To get the bonus, you need to click the claim button, register, and create a new account. Deposit the required amount using PayTM, and Casumo will match the amount up to 50,000 Rupees. But you have to keep in mind the following terms and conditions should be met. You have to deposit at least 1000 Rupees to be eligible. The bonus should be wagered 30 times before you can withdraw the bonus funds. The welcome bonus will expire within 183 days.
Loyalty Program and Reward
If Casumo notices that you are a lavish spender, they will give you VIP status. But this is not displayed on their website openly. A member of the team will contact you and inform you about this. You will be given valuables and trophies by getting points when putting your bets in their Live Casino and playing the slots. You can earn free cash from free rounds as you play on Casumo. Your progress is seen on your belt. The higher the belt, the better.
You can earn from free rounds to free cash while you play on Casumo. There are belts instead of level, and you can see your belt on the progress bar. It goes without saying, the higher the belt, the better the rewards.
It starts from white belt, then yellow, red, blue, purple and lastly black. As the level goes up, the punters get a reward, but that is not always the case. Some factors may affect the reward system. The points you have accumulated are saved and transferred to a higher level.
The rewards a punter can get include free spins on the top slots. But, you have to meet the wagering requirements to use it. You may need to add funds to your account before adding your reward if it is in the form of cash.
100% bonus upto ₹1,00,000 + 10% cashback
PayTM Cricket Betting – Easiest Markets to Bet On
PayTM cricket betting sites should make sure they offer their customers an exceptional PayTM betting experience. Every time a punter opens an account, they will get free bets. You can choose from various payment methods, and if you are betting in India, PayTM sportsbooks are popular with bettors. If you are familiar with this payment service, you know how simple it is to use.
The easiest market to bet on is PayTM cricket betting, but you need to understand some terms to help you bet.
Total Runs (Over/Under)
Total runs in the PayTM Cricket Betting predict whether the total runs are under or over the specified limit by the PayTM betting provider. For instance, if the specified limit is 3.5 and two runs scored in the 1st over, the winning bet is Under. For four runs scored, the Over is the winning bet.
Double Chance Bets in Test Cricket
The Double Chance Bet gives you two chances to win. For instance, you are rooting for your second-favorite team to win, and you are not confident with the result you predicted. You will be given another chance to bet. Make sure it covers not only one but two possibilities.
It means that you are betting both a win and a draw for one team, so you will not lose anything except that team loss.
Total Sixes (Over/Under)
Total sixes in PayTM cricket betting means you bet on the total number of sixes in the match. If the number of overs is reduced, it will be void unless the outcome has been determined earlier. This applies during limited over matches.
The outright winner’s objective is to choose the team that will win a single match and the entire tournament. With many sides to pick from, selecting the outright winner is not an easy feat. Because of this, the odds are higher than for Match Betting. The best thing to do is narrow the list of the potential winners to three or two teams and wage each of them to ensure you will not lose. Match Betting should not be confused with matched betting.
PayTM Betting for Other Sports
PayTM betting is not limited to cricket only. It is now open to other sports like football, lawn tennis, basketball, and MMA, to name a few. These games differ on how the bets are made and the bonuses offered.
Football is one of the most popular games globally, and punters are offered various football bets. Outright winner is the most popular bet, followed by the 3-way bet. You bet on the three possible outcomes – win, loss, or draw.
You can choose which football betting markets to bet on depending on the teams and tournament involved.
Here are some bets that you can wager on:
In the past global tournaments such as FIFA World Cup or the Premier League, when the new season starts, punters will have the chance to choose the tournament champions even before the game begins.
Number of Red/Yellow Cards
This type of bet depends on chance but provides a fun betting experience. Choose a team and how many red/yellow cards you will end up with after the game is over.
Player of the Match
This is a quick betting action that the punters can bet on. The outcome is known once the game is over and the risks are lessened because you can check out the fitness and form of the players and then place your bet.
There are lots of ways to bet on a basketball match. There is no option for a draw in this game, and it goes overtime. Bookmakers will payout based on the result. Below are types of PayTM betting markets in basketball:
This is the easiest bet to understand. In this game, you will have two possible outcomes. The money line is to select which team you think will win the game.
A basketball game has a line or handicap, represented as + or –, which helps find value when teams are short-priced favorites or underdogs. If you choose a team with a -7.5 handicap, they should win by 8 points or higher. If you select a team with a +7.5 handicap and lose by 7 points or lower, you are a winner.
Total is also known as Over/Under, which is the game’s combined points scored. You have to pick whether the score will go over or under the total bookmaker has offered.
This betting focuses on one specific player and their performance in one or more categories like rebounds, assists, or points. Like total betting, the bookmaker will set a line, and you can choose if the player will go under or over the total.
MMA is the same as placing boxing bets. The matches usually last for 15 or 25 minutes. The normal fights are 15, and the main event or championship is 25 minutes. The fighter who knocks out his opponent first wins. If the fighters last longer, the three judges score the matches, and the fighter will be awarded the most points.
You can be specific with your bets and predict what will happen. The more accurately your bet, the more money you stand to win. Below are some of the common MMA bets.
To win – the most straightforward MMA bet you can make. You can choose which fighter you think will win. If you are right, you win the bet. It does not matter what happens in the fight or how they beat their opponent, as long as they win. If you only bet on one fighter to win, you have to remember that there is a chance the battle can end in a draw, but this is not common.
Lawn tennis offers a broader range of betting markets and live in-play betting options. The players need to win at least six games to win a set and two sets to win a match. It usually takes five minutes to play a service game. During the game, the player will either be the receiver or the server.
Betting on a tennis game will show the result to wager every five minutes and have twelve betting options in the 90-minute match.
Below are some of the tennis betting markets:
The most popular form of betting in lawn tennis is the winner. Select a game and choose the player you think will win, and then bet on him accordingly.
Game Handicap is the most popular bet in tennis and enables the bettor to wager on top seeds when the odds are overwhelming in their favor. There would be less or no value in a standard To Win bet.
In Set Betting, you need to choose the winner of the game. You win if they win by two sets to 0 or 2 sets to one.
Total Games does not require a bettor to predict how many games will be played during the match. The bettor can choose whether to go over or under a specific number.
PayTM Betting Apps for Mobile
The age range of bettors in India is between 20 and 40 years old. They spend most of their time on their mobile phones and can wait to place their bets through online PayTM betting apps or mobile PayTM betting browsers. Bettors will not have a hard time putting their bets because of the PayTM betting apps and sportsbooks that enable in-play wagering.
Popular betting sites that accept PayTM operators worldwide usually have their mobile PayTM betting apps downloadable from Android and Apple stores. You can download these PayTM betting apps for free. Installation is easy and lets bettors place their bets in seconds.
With mobile PayTM betting apps, you will have complete access to the online sportsbook. Players can sign-up and create a new account through the mobile betting app, choose a banking option, make deposits and withdrawals, and place bets on their favorite sports.
Mobile setting PayTM betting apps are secured and safe to use. Make sure the PayTM betting app you are downloading is the right one as there are some fake betting apps in the market, and most of them look the same as the original.
The manner of betting using a mobile app is the same as when betting via the online sportsbook. Many think that it is much easier to place a bet through mobile sportsbooks as PayTM betting apps have been developed to provide convenience and ease to use.
PayTM Betting – Minimum Deposit Required
The minimum deposit required to start betting is 500 Rupees. However, some PayTM betting sites have higher minimum amounts to deposit. It depends on the PayTM deposit betting sites’ requirements. To deposit, you need a UPI ID and a four-digit MPIN to use PayTM successfully. The amount deposited in betting sites that accept PayTM will be reflected automatically in your account. The transaction fee is levied when depositing. You can either use your laptop or mobile phone to top up your betting account.
Terms & Conditions of Betting sites with PayTM
Carefully read the Terms and Conditions of any betting sites with PayTM before registering, browsing, accessing, downloading, or depositing. What is mentioned on the T&C of one betting site may not be included in the other PayTM betting websites.
Below are some of the restrictions included in the betting sites with PayTM Terms and Conditions:
It is the minimum amount you can place on a wager which differs from bookmaker to bookmaker. The lowest or minimum amount to bet in betting sites with PayTM is indicated in the Terms and Conditions, including the minimum deposits and the maximum withdrawals. It usually starts at 500 Rupees depending on PayTM deposit betting sites’ requirements.
You need to meet conditions when cashing out your winnings to the betting sites with PayTM wallet. Go to the PayTM betting site and click the “Withdrawal” tab. You will choose which cashout method to use and enter the amount you want to withdraw.
Choose PayTM from the list and the amount. Ensure the chosen amount is within the minimum withdrawal limit and under the maximum cashout allowed at the gaming site.
Some PayTM betting websites may ask you to complete the KYC process. You will be asked to provide identity cards such as Driver’s license, passport, utility bills, and other documents to confirm your identity.
Tax deductions on big amounts are required if you are playing in India. It should be supported by TDS certificates that you can use to file income tax statements.
You need to verify your account, so you can use it to its full extent. There are three ways to complete the PayTM KYC process.
Using the PayTM App
- Click the KYC button.
- Provide your Aadhar name and number.
- Enter the OTP sent to your UIDAI mobile number.
- Confirm your identity.
- Fill up the form and provide the personal details required
You can use the Doorstep KYC if your mobile number is not registered with UIDAI, not working, or lost. Book an appointment, and an agent will personally visit you and help you complete the process.
Utilizing the KYC Center
Another way is to visit a KYC center. Search for the nearest one using the app and bring any identification – passport, election card, or aadhar card. An agent will assist you in completing the process.
To register, you need to be at least 18 years of age. Some of the information you need to provide when registering includes your name, email address, birth date, address, and payment details. Also, for verification purposes, you will need to authenticate your account.
Make sure the information you have provided is true and correct. Keep the information updated, including but not limited to your info like email address, postal address, contact numbers, etc. If there is any discrepancy in the KYC or other requirements, all your winnings will be ineligible until you have updated all the information.