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When people are weighing the most important factor in choosing an online sports betting service, more than any other aspect, people all over the world look to bet directly in their local currencies and India is no different. Betting in rupees eliminates the the issue of currency conversion and the associated hidden fees. When you need to exchange Rupees to another currency, the exchange house like your bank, credit card company or the sportsbook itself could charge you fees that amount to 3% to 5% of the amount that is converted.
Given that this site is focused on bettors in India, most readers will be interested
in whether or not they may be able to bet with Indian rupees. At this point in time,
there are five excellent, well-
From India, quite simply, you can often deposit or withdrawal funds using your local
Visa, MasterCard or your debit cards. Bank transfers are also generally available
if you’d like to transfer larger sums of money, though these can take more time to
process. E-
Some sites list Entropay as a payment methods for use with INR. This is only partly the case. Entropay is a virtual Visa service, but it only allows direct balances in USD, EUR or GBP. So while you could use it to fund your INR betting account, there would be currency conversions involved, which will cost you more money in hidden charges. Where possible, try to ensure that all along the chain of transactions that you are using only rupees.
Note that when it is time to withdraw funds, all customers, not just Indians must supply their betting site with documents that prove your identity. This process is called ‘Know Your Customer’ or KYC and the process is part of gaming regulation laws to combat money laundering. You can submit these documents before your first withdrawal. So you may want to look to do this in order to save time. Just know that the company will need at least a few days to review your submissions. This is completely normal for ALL customers, try to be a little patient.
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