It’s quite a common practice, to look out for the available modes of withdrawal before starting your journey at any online casino. Why are most desi punters curious to know the payout methods beforehand? Well, this is a well-justified thing as in a vast country like India there are several issues related to payments and most players are skeptical of the payouts as numerous online casinos are flooding the Indian market, and some of them are even dicey ones.
One of the most important factors when choosing any online bookmaker is the withdrawal time and quick wins. Therefore, in this article, our casino experts at Spinsvilla have handpicked some of the best betting sites in India with Instant withdrawal.
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What is an Instant Withdrawal Betting Site?
A bookmaker qualifies as an instant withdrawal betting site if they provide a vast range of payment option that allows the user to an instant withdrawal within 10-15 minutes.
We’re not just looking for fast withdrawals…
Getting your winning amount in quick time is just a single point to consider, and in no way does it mean that the bookmaker is the perfect fit for you. For example, if want to bet on cricket then you need a betting site that:
- Safe and licensed by a reputed and trustworthy gambling authority such as Malta Gaming Authority or any Europe-based regulator.
- Offers low deposit amount with minimum wagering requirements.
- Provides a good introductory package for beginners.
- Features a clean-cut and smooth user interface with minimal lags and bugs.
- Offers a mobile application optimized for all platforms.
- Prompt and satisfactory customer support with 24/7 live chat.
Top 5 Instant Withdrawal Betting Sites in India
Our experts have reviewed and tested numerous betting sites. However, the following three bookmakers have impressed us the most with their fast and secure withdrawals.
Each site offers convenient and highly secure payment methods, no processing fees, and fast payout times. They also have a quick verification procedure to ensure that money doesn’t end up in the wrong hands. So without further delay have a look!
1. Parimatch India- Best Betting App with Fast Withdrawal (4.8/5)
Parimatch withdrawal process is as easy as its deposit and you would be glad that it doesn’t include any hidden terms and conditions or any complexity. Parimatch offers every local payment option for withdrawal such as UPI, PayTM, Netbanking, bitcoin, and many other e-wallets.
Parimatch has a very straightforward withdrawal policy where the minimum withdrawal limit is ₹500 for Netbanking and ₹1000 for AstroPay. Many bookmakers tend to put their withdrawal limits very high but Parimatch’s withdrawal limit is very low compared to other bookmakers like Bet365 which has ₹4,000 as a minimum amount.
The payout time is mentioned over every withdrawal method and is the least for crypto payments. Astropay payments take up to an hour to get processed whereas Netbaking takes up to 48 hours.
2. 24Betting- Least Withdrawal Limit Betting Site (4.7/5)
The best part about 24Betting is that the withdrawals are generally processed within 2-3 hours. However, a Bank transfer is the only option for the withdrawal and the minimum withdrawal limit is ₹100. All you need to do is fill in some details such as the amount, the account name and number, the mobile number, and the IFSC code of the bank. Once your withdrawal request is generated the amount will be credited to your bank account within 4 hours.
24Betting also boasts a fantastic betting site with an intuitive, mobile-friendly design. You can choose to place bets on either your computer or mobile device.
3. Betway- Fast and Secure Withdrawals (4.5/5)
Betway is already a well-known name in the sports betting industry in India and worldwide. You need to get verified before making a withdrawal at Betway. The verification process takes up to 24-48 hours, and once your account has been verified, you can easily make your withdrawals.
Betway has a vast collection of India-friendly banking options. You can make simple and secure withdrawals using popular payment options, like Net banking (UPI, Paytm) and e-wallets (Skrill, Neteller, ecoPayz, AstroPay, Neosurf). All payouts are processed quickly and have no additional costs.
The withdrawal time differs according to the payment option. For the e-wallets such as Skrill and Neteller, the time is 2-24 hours whereas, for bank account transfers, it can take anywhere from normal 3-5 business days.
4. 22Bet- Instant Crypto Withdrawal methods (4.1/5)
22Bet is a crypto-friendly casino for sports betting in India with around 39 different crypto payment options. It boasts over 50,000 events monthly from 50+ different sports. The withdrawal process is as simple and as straightforward as possible. You are required to use the same method for both deposits and withdrawals. The minimum and maximum withdrawal limits vary according to the chosen method.
E-wallets such as Skrill, AstroPay, Jeton, Sticpay, Neteller, and Paysafecard can be used for withdrawal. There are no processing charges incurred by players while using any of the above methods. The entire withdrawal process takes less than a minute and the funds will be transferred to your account within 5-10 minutes.
5. Purewin- Fastest Payout Time (4/5)
Most of the Indian preferred deposit methods are available on Purewin which include Paytm, Google Pay, PhonePe, UPI, Cryptocurrency, Net Banking, Skrill, ecoPayz, and Bank Transfer. The minimum withdrawal limit is capped at ₹2,000 and as we checked the withdrawals were fast and took up to 6 hours.
How to Withdraw your Winnings from any Betting Site?
- Let’s take the example of 24Betting to explain how to withdraw from a betting site.
- Once you’re logged in to your account
- Head to the “Cashier” section
- Click on Withdraw
- Enter the amount
- Fill in the bank account details (account number, name, IFSC code)
- Enter your mobile number
- Click on Make Withdraw
Make sure that you have completed all the wagering requirements before making a withdrawal request.
Your withdrawal request will be generated.
- Your winnings will be transferred in up to 24 hours
Best Available Methods for Instant Withdrawal
We’ve reviewed dozens of betting websites seeking out the most efficient and reliable methods for instant withdrawal. As we saw most Indian punters prefer certain fast withdrawal methods over others. Check out some of the best methods you can use on any online bookmaker for the fastest withdrawal:
E-Wallets (Skrill, Neteller, Astropay, Ezeewallet)
Despite being a relatively new banking method for most Indian bettors, e-wallets have become quite a popular choice and are available on almost every instant withdrawal betting site. E-wallets like Skrill, Neteller, and Astropay are undoubtedly a safe and convenient way to get your winnings.
Typically, withdrawals with these e-wallets are processed instantly (though it can take up to 24 hours in some cases).
All you need to do is select the e-wallet, enter your wallet id, and hit the confirm button
Cryptocurrencies
Crypto has already earned all the hype being the most secure mode of transactions, and widely accepted in most betting apps for instant withdrawal. The payouts via most cryptocurrencies are processed at zero fees and instantaneously. Bitcoin, Tether, Ripple, and Ethereum are some of the popular cryptocurrencies you can find on most betting sites.
Netbanking
It is one of the most popular banking options in India. Many punters use this local bank transfer because it supports INR transfers, sends money straight to your bank account, and doesn’t incur additional fees for your transfers. However, you’ll have to be patient, as the payout time varies between 15 minutes and two business days.
VISA/Mastercard
VISA and Mastercard have been there in India for a very long time and most Indian bettors are already using their service through their Bank ATM cards. Unlike the time taken for Bank transfers, transactions made via these cards are quite fast and reliable.
Bank Transfer
Some of the best Indian betting sites like 24Betting, allow their customers to withdraw directly to their bank accounts. Although it takes quite a while for the transaction to be processed which is usually 24-48 hours but varies from bank to bank.
Important Things to Consider Before Making a Withdrawal
Know the Minimum and Maximum Withdrawal Limits
Let’s say you had a lucky streak betting on the Best IPL Betting Sites in India. Now you would want to withdraw your winnings as fast as possible, right? However, the majority of the betting sites in India have predefined limits for withdrawals for a day, week, or month.
The limit also varies according to the payment methods. E-wallets have a higher limit capped as compared to bank transfers and cards like VISA and Mastercard.
Fulfill the Wagering Requirements
Irrespective of being an instant withdrawal betting site, your withdrawal request will not be processed unless you meet the minimum wagering requirement set by the bookmaker. This means that you must wager the deposit and bonus amount a certain number of times before placing a withdrawal request. All bookmakers follow this strategy simply to ensure that one doesn’t simply pocket the freebies and sign out leaving the bookmaker at loss.
Account Verification
Verifying your Account is the first and foremost thing before making a withdrawal at any online betting site. You must complete a simple Know Your Customer (KYC) procedure to get verified. For this, you need to upload the valid documents and necessary information like name, place of birth, account statement, and sometimes, proof of residence.
It usually takes up to 24-72 hours for the operator to verify your documents and details which ultimately helps in avoiding fraud and bogus transactions of any kind.
Spinsvilla’s Final Say
With the always-growing online gambling market in India, Players now have numerous bookmakers to choose from. Spinsvilla always strives to provide a rewarding experience to the players by recommending all the top instant withdrawal betting sites in India.
As we mentioned earlier the sites cannot be judged standalone for faster withdrawal options. There are two major aspects of withdrawal at a betting site. One is the mode of withdrawal and the other is how fast your withdrawal request gets approval from the bookmaker.
Certainly, some factors are not in your control like bank processing time and that is why bank transfers are generally not recommended for quick withdrawals. But you can choose wisely among the speediest option available like e-wallets.
FAQs
Which is the fastest method for withdrawal?
E-wallets are the fastest payment method for most Indian betting sites, both for deposits and withdrawals.
Can I can cancel a withdrawal request?
Yes, you can cancel a withdrawal request after submitting it. You can request a cancellation by contacting customer support or most bookmakers provide this option in the Account settings or cashier section.
How long should I wait to receive my winnings?
Well, this is completely subjective to the payment method you are using. You can wait up to 72 hours for e-wallets whereas bank transfers usually take much more time than that.
What are the documents required for account verification?
Generally, most bookmakers ask you for three major documents for verifying your account.
- Proof of Identity- Passport, Driving License, or official Government-issued ID card.
- Proof of Address- Utility bill, phone bill, or bank statement, in which your name and address are fully indicated.
- Proof of Payment- Screenshot or photo from an online bank, bank statement, Skrill page, etc. showing the deposit.
