UPI Betting Sites 2023
The NPCI developed the Unified Payments Interface (UPI), a real-time instant payment system, to streamline bank transactions. Here, we will give you a brief introduction about UPI betting. All the aspects regarding how to make a deposit using UPI which are best betting sites that accept UPI in India etc.
Many street vendors, supermarkets, and retail stores now accept UPI payments. Online merchants such as betting sites can also accept UPI payments. UPI is one the simplest and easiest way to make online transactions. Betting with UPI also considered as one of the fastest mode of money transfer, in few seconds you can set up your betting account. Indian punters will find a variety of UPI betting sites available.
Reasons for Choosing Betting Sites that accept UPI
Due to several factors such as speed, ease of use, and reliability, UPI payments make sense compared to other payment options. In an effort to make themselves more attractive to Indian punters, many bookmakers have offered support for Indian currencies and allow betting with UPI.
- Local currencies avoid the costly currency conversion process, UPI are always the best option.
- UPI considered as, a fastest payment method that doesn’t charge any fees.
- Through UPI, money is also deposited into the betting account instantly.
- UPI Payment options are regulated by the federal reserve of India, which ensures their safety.
UPI Deposit Services
You can make a UPI deposit or withdrawal in the following ways you need just find best betting site that accepts UPI:
- A VPA allows you to request money from or to a bank account.
- Using a Mobile Number, you can request or send money to/from a bank account.
- Bank account Number: Send money to a bank account.
- Money can be sent to a bank account using the Aadhaar number.
- QR code contains a number such as a VPA, mobile number, or IFSC.
How to Deposit Money on Betting Sites that accepts UPI?
Downloading the Wallet
To use UPI, you’ll need a wallet, which will be the place where you initiate the transaction. UPI-compatible wallets are available in both Android’s Play Store and Apple’s App Store, depending on the device. Popular wallets include:
- Google Pay
How to bet with UPI? 8 Simple Steps
- Choose a betting site to ‘CLAIM BONUS’
- Create an account
- Click on ‘DEPOSIT’ button and chosse UPI
- Enter your VPA/UPI ID and click on ‘CONTINUE’
- The payment pop will appear on UPI app
- Make the payment and take a sreenshot of the receipt
- Upload it on given link and money will be deposit in betting account with your bonus.
- Play and win more and more!
Note: *Don’t forget to claim welcome bonus for this use ‘SPORTBETPRO‘ bonus code and win bonus 150% up to ₹20,000.
Best UPI Betting Apps [January 2023]
|Brand||✪ Rating||💰 Bonus||Click to Win|
|22Bet||✪ ✪ ✪ ✪||100% up to ₹10,000||Claim Now|
|Purewin||✪ ✪ ✪ ✪||100% Bonus Up to first ₹40,000||Claim Now|
|Parimatch||✪ ✪ ✪ ✪ ✪||150% up to ₹30,000||Claim Now|
|1XBet||✪ ✪ ✪ ✪||100% up to ₹20,000||Claim Now|
|Fun88||✪ ✪ ✪||200% up to ₹15,000||Claim Now|
|10Cric||✪ ✪ ✪ ✪||150% up to ₹30,000 and ₹500 Free Bet||Claim Now|
|RajaBets||✪ ✪ ✪ ✪||150% up to ₹1,00,000||Claim Now|
|Rabona||✪ ✪ ✪ ✪||100% up to ₹8,000||Claim Now|
|BollyBet||✪ ✪ ✪ ✪ ✪||100% up to ₹ 50,000||Claim Now|
How to Withdrawal from UPI Betting Sites?
5 Steps to Withdraw from UPI Betting Sites
Withdrawing winning amount from betting site using UPI is very easy. Withdrawals from a betting sites that accept UPI or from someone else, is known as a “Pull”.
- Log into whatever UPI India you are using and click on “Collect Money”.
- Enter the remitter’s virtual ID, the amount you wish to collect, and the account where the funds should be deposited.
- You will receive a message with your request for payment if you want to collect winnings from UPI betting sites in India.
- To authorize the transaction, the UPI betting site simply needs to enter their UPI PIN.
- Once the transaction has been completed, both the recipient and the sender, in this case the UPI betting site, will receive a confirmation SMS then you can start betting on betting sites that accept UPI.
Here is an example with Parimatch:
If you are making withdraw your winnings amount from PARIMATCH then you have to follow below steps:
- Open your PARIMATCH account.
- Click on your Profile.
- Click on ‘Finances’, choose Withdraw option and click on it.
- Choose ‘UPI’ method among all of them.
- Enter amount you want to withdraw.
- Enter your VPA/UPI id.
- The winning amount will be credited in your bank account linked with UPI.
Note: *You may need to wait between 15 minutes and 48 hours for withdrawals depending on the payment system you choose.
Popular UPI Apps for betting
1. Google Pay
Google Pay is one of the most popular UPI apps in India. A simple and straightforward user interface is what attracts most users to Google Pay and is known for its ease of use.
The first app to introduce contactless payments in India was Paytm, even before UPI became popular. In the era when you can link your bank accounts to Paytm and make regular UPI transactions, the app has become a serious contender.
You can also bet online with Paytm and deposit directly from their wallet.
PhonePe gives you the advantage of the clean interface of Google Pay and the extensive functionality of Paytm. It is one of the most popular applications to use for UPI in India and is great to create betting accounts.
As part of its effort to promote UPI payments, the NPCI developed BHIM as an app. This UPI app is not as user-friendly as the others on this list, but you can use it for contactless payments just as much. As well as mobile recharge, electricity bills, and life insurance, the app has a simplified list of essential bills to pay. You can use this app to make lightning-fast deposits and withdrawals of money betting account.
How to transfer money using UPI?
1. Using Bank Account Details
Money can be transferred by entering the bank account information of the receiver. You must provide the account holder’s name, account number, IFSC code and the amount to be transferred.
Once all the details have been stored, it’s easy to transfer money without having to manually enter the information again and again.
2. Using VPA
Every UPI app creates a unique VPA or Virtual Payment Address for each user. If you want to request money from someone or send money to someone, you can use this unique ID.
You will need the receiver’s VPA or UPI ID and the amount to transfer. Touch on Send button and you’re done! Betting sites use this method to deposit and withdraw.
3. Using Mobile Number
You can use this method to transfer money only to a UPI user whose mobile number is registered with the UPI ID. This registered phone number will be used to transfer the money.
4. Using QR Code
You can transfer money using UPI by scanning the receiver’s QR code using your UPI app. Using the QR Code, any amount of money can be sent to the receiver. By entering the desired amount and clicking on Send, you will be able to send the money. Within seconds, the receiver will receive the amount!
There is no explicit ban on online gambling in Indian gambling laws. As a result, participating in the betting online or online gaming network is legal.
The majority of betting sites that accept UPI welcome offers include all payment methods with only a few e-wallets being excluded. It is wise to check with the bookmaker before signing up for these offers.
Transfers to UPI betting sites utilizing this payment method have zero transaction fees. There is no cost at all for this.
Yes, the Reserve Bank of India supports UPI. The option to transferring money from betting sites that accept UPI is secure.
These transactions on UPI betting sites have the benefit of being completely instantaneous.