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PhonePe Betting Sites in India
Updated by
Aryaman Raman
2 weeks ago
PhonePe is a widely used mobile payment method in India, regulated by the Reserve Bank of India and based on the Unified Payments Interface (UPI). Launched in 2016, it offers a secure and efficient way for users to transact. With over 500 million users, PhonePe has become a trusted and reliable payment option for various services, including betting sites.
For Indian bettors, PhonePe allows instant deposits and withdrawals, making it highly convenient for online transactions. Since it is directly linked to bank accounts, the seamless process ensures real-time transactions with minimal hassle.
PhonePe’s popularity is further supported by its brand ambassadors – Aamir Khan, Alia Bhatt and Dulquer Salmaan.
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PhonePe Betting Sites in India 2024
Welcome bonus:
150% up to ₹20,000
- High-quality mobile betting options
- More than 30 sports markets
- Functional mobile app
Payment methods
+2
+2
Bonus Wagering
16x bonus
Min Deposit
₹200
Number of Sports
9
Payout Time 1-2 days
Max Payout ₹10,00,000
Licences Curaçao eGaming
Reviewed by
Divya Mishra
Welcome bonus:
100% up to ₹30,000
- Excellent withdrawal times
- Reliable customer support
- Android and iOS apps
Payment methods
+3
+3
Bonus Wagering
5x deposit
Min Deposit
₹88
Number of Sports
20
Payout Time 1-3 days
Max Payout ₹2,000,000
Licences Anjouan Gambling License
Reviewed by
Divya Mishra
Welcome bonus:
Up to ₹20,000
- Exciting loyalty program
- Indian-friendly payment modes
- Valuable sports promotions
Payment methods
Bonus Wagering
For a single in-play or pre-match bet at odds between 1.75 and 5.00.
Min Deposit
₹500
Number of Sports
29
Payout Time 1-2 days
Max Payout ₹4,40,000
Licences Kahnawake Gaming Commission
Reviewed by
Divya Mishra
Welcome bonus:
150% of up to ₹40,000
- Variety of sports bonuses
- Multi-live page
- Mobile app on iOS and Android
Payment methods
+2
+2
Bonus Wagering
5 – 10x bonus
Min Deposit
₹75
Number of Sports
26
Payout Time 1-2 days
Max Payout ₹50,000
Licences Curaçao eGaming
Reviewed by
Divya Mishra
Welcome bonus:
Up to 470%
- Extensive game selection
- Crypto-friendly platform
- Attractive VIP program
Payment methods
Bonus Wagering
10x bonus
Min Deposit
₹800
Number of Sports
26
Payout Time 8-12 hours
Max Payout ₹1,00,000
Licences Curaçao eGaming
Reviewed by
Divya Mishra
Welcome bonus:
125% up to ₹34,000
- More than 150 payment options
- Competitive sportsbook odds
- Well-optimized mobile betting site
Payment methods
Bonus Wagering
5x-15x bonus
Min Deposit
₹300
Number of Sports
28
Payout Time 1-3 days
Max Payout ₹70,000
Licences Curaçao eGaming
Reviewed by
Divya Mishra
Welcome bonus:
100% up to ₹8,000
- More than 15 payment methods in India
- Huge selection of odds
- Live streaming for cricket matches
Payment methods
+6
+6
Bonus Wagering
3x bonus
Min Deposit
₹800
Number of Sports
24
Payout Time 1-3 days
Max Payout ₹1,00,000
Licences Curaçao eGaming
Reviewed by
Divya Mishra
Welcome bonus:
100% up to ₹10,300
- Wide range of sports markets
- Competitive odds
- Unique bet builder tool
Payment methods
+4
+4
Bonus Wagering
5x wagering
Min Deposit
₹85
Number of Sports
16
Payout Time 1-2 days
Max Payout ₹50,000
Licences Curaçao eGaming
Reviewed by
Divya Mishra
How We Rate PhonePe Betting Sites
When evaluating PhonePe betting sites in India, we consider several key factors to ensure they meet our high standards:
- Payment Processing Time- The best PhonePe betting sites offer instant deposits and process withdrawals within 1 to 3 business days, ensuring smooth transactions for bettors.
- Transaction Limits- We look at both deposit and withdrawal limits to ensure flexibility. Typically, deposit limits range from ₹100 to ₹50,000, while withdrawal limits vary between ₹500 and ₹50,000 per transaction, depending on the site.
- Security Measures—We evaluate each site’s security protocols, including SSL encryption and adherence to relevant gaming regulations.
- Bonus Availability—We ensure that players can claim bonuses when making deposits using PhonePe. Some casinos may restrict certain deposit methods, so we check that PhonePe users are eligible for all available promotions.
- Applicable Fees—While PhonePe is known for having no fees or minimal fees, we check whether betting sites charge additional fees for transactions made via PhonePe. We prioritize sites that offer low or no extra fees to provide a cost-effective experience for bettors.
Pros and Cons of PhonePe Betting Sites in India
Pros
- Easy to set up and activate
- Supports transactions in Indian Rupees
- Secure and regulated by RBI
- Various payment options are available
- Growing number of platforms accepting PhonePe
Cons
- Limited customer support options; no live chat or in-app calling
- Setup and verification can be complex
- Withdrawl not available on
Why are PhonePe sites a top choice for Indian bettors?
- Security: PhonePe ensures the security of transactions on betting sites by utilizing strong encryption and authentication protocols, safeguarding users’ financial and personal information.
- Ease of Use: Bettors can easily deposit and withdraw funds through PhonePe without entering bank details or using credit cards. The platform streamlines the payment process, making it fast and convenient for users.
- Transaction Speed: PhonePe processes deposits instantly, allowing bettors to fund their accounts and place bets quickly without any delays.
- Wide Availability: An increasing number of betting sites in India accept PhonePe, giving users access to various sports betting platforms and markets.
- Mobile Compatibility: PhonePe integrates seamlessly with mobile devices, allowing bettors to manage transactions and place bets on the go, offering flexibility and convenience.
How to Set up a PhonePe Account for Betting Sites in India
To use PhonePe for transactions on betting sites in India, follow these straightforward steps-
- Download the PhonePe app and enter your 10-digit mobile number.
- Verify your number by entering the OTP received.
- Provide your name, email address, and set a 4-digit password to secure your account.
- Activate your PhonePe wallet and add a bank account by selecting “Add bank account” under Payment Methods.
- Choose your bank, and PhonePe will send an SMS for verification. Once verified, your bank account will be linked to PhonePe.
- Finally, set a PIN for your PhonePe account to complete the setup.
Important: PhonePe is available on the App Store and Google Play Store.
How to Deposit at PhonePe Betting Sites in India
Most betting sites in India accept deposits through PhonePe; follow these steps to make a deposit:
- Choose a PhonePe betting site from the available list.
- Sign up by providing the necessary details.
- Navigate to the deposit section and select PhonePe as your payment option.
- Enter the deposit amount to ensure it meets the minimum required limit.
- Confirm the transaction for instant processing.
Important – The minimum deposit amount varies across different betting platforms. It can range from ₹300 to ₹1,000, depending on the sportsbook you select.
How to Withdraw from a PhonePe Betting Site in India
Withdrawing from betting sites using PhonePe is just as simple as depositing, and it’s one of the fastest options available. However, most betting sites do not directly support PhonePe for withdrawals, even though it may accept deposits and have an option to withdraw into your PhonePe account using UPI or NetBanking instead. If your sportsbook allows it, follow these steps to cash out your winnings:
- Navigate to the Cashier section.
- Choose ‘Withdraw’ and select PhonePe as your method.
- Enter the withdrawal amount and confirm.
- Complete identity verification for security purposes.
- Wait for the transaction to process, and the funds will be credited to your account.
Important— The minimum withdrawal amount on PhonePe betting sites usually ranges between ₹500 and ₹1,000, depending on the site.
PhonePe Fees and Limits in India
There are no fees for making deposits using PhonePe on betting sites. However, a small withdrawal fee may be charged, depending on the bank used. Withdrawal requests typically take about 2-3 business days to complete.
| Transaction | Details |
| No. of Transactions | Varies, typically 10 to 20 transactions per day |
| Deposit Limit | ₹300 to ₹1,00,000 |
| Deposit Fees | None |
| Deposit Time | Instant |
| Withdrawal Limit | ₹500 to ₹1,00,000 |
| Withdrawal Fees | Varies, 2-3% of the winning amount |
| Withdrawal Time | 2-3 business days |
Safety and Security Features of PhonePe
Betting with PhonePe is a secure choice for Indian players. Owned by PhonePe Private Limited, it operates under the license granted by the Reserve Bank of India. A key advantage is that transactions are processed through a reliable and secure banking network. Additionally, to complete any transaction, you must enter your UPI PIN, adding an extra layer of security when opening a PhonePe account. Here are some security features you should consider.
- Multi-layer Authentication– Requires fingerprint/face ID, UPI PIN, and password for every transaction, ensuring only authorized users can make payments.
- Payment Privacy:- Transaction details are visible only to the user and the recipient, keeping payment information private.
- Real-time Risk Assessment—Security teams monitor all transactions in real-time to detect and block any suspicious activity. Fraud complaints are reported, and fraudulent users are blocked from accessing the platform.
- Cybersecurity Partnerships—PhonePe partners with government law enforcement and cybersecurity agencies (e.g., the National Cybercrime Portal, CyCord, and CyberSafe) to strengthen security and protect users from cyber threats.
PhonePe Mobile Compatibility
PhonePe is available to download on Android and iOS devices and works well with even sportsbook apps via APK files.
The apps can also monitor your account balance and request funds as needed. While it doesn’t support FaceID like other options, its multi-layered security makes it a trusted choice for mobile betting.
| Description | Details |
| Approve transactions with biometrics | Yes |
| FaceID compatibility | No |
| Seamless 2FA check / 2-step verification check | Yes |
Experience the Convenience of PhonePe for Your Betting Needs
PhonePe is a secure and efficient payment option for Indian bettors, offering instant deposits and withdrawals, strong security measures, and widespread acceptance across various betting sites. Its user-friendly interface simplifies transactions, ensuring that you can focus on enjoying your betting experience. If you’re looking for a reliable payment method that enhances your online betting journey, consider trying PhonePe at your favorite betting sites today.
Alternative Payment Methods for PhonePe Betting Sites in India
If you’re looking for alternatives to PhonePe, Indian bettors frequently use the following payment options:
PhonePe Betting Sites India FAQ
Yes, certain betting sites provide bonuses for using PhonePe as a payment method. These may include deposit bonuses, welcome promotions, and other rewards for players who choose PhonePe for their deposits.
No, PhonePe does not support cryptocurrency transactions for betting sites.
PhonePe transactions are generally free on most betting sites in India. However, certain platforms might charge fees, particularly for withdrawals or currency conversions.
Yes, using PhonePe for deposits and withdrawals on betting sites is legal in India. However, the legality of online betting depends on the specific regulations of each state.
Although many betting sites in India allow PhonePe to make deposits, it is not always offered as a withdrawal option