india

PAYMENT METHODS AND ONLINE CASINOS IN INDIA

Top Casinos and Best Banking Options for Indian Players

Traditionally, India is a country where gambling and games of chance are popular among people. The culture has become accepting of western gambling habits, not only due to the existence and long-lasting popularity of classic Indian games such as Teen Patti or Andar Bahar but also due to the British heritage, another nation that has been fond of gambling for centuries.

The rise of online gambling is also notable in India, which is why CBM wanted to cover the Indian market and investigate which casinos are the best options for Indian players. Going further, we’ve also evaluated the top banking methods for deposits and withdrawals for players from India.

Gambling is one of the world’s most favourite pastimes, and India is no exception. Some may think that gambling is a taboo in a country like India, but those times are long gone. Online gambling among Indian people has been on the rise, especially in the past several years. It is estimated that around 80% of Indians gamble at least once a year, which is no small number, considering the size of the population.

The Indian gambling industry is undoubtedly shaped by European influence; after horse racing events taking off in the 19th century, more and more people became prone to trying their luck through gambling. Even if some gambling activities are still considered off-limits for residents of India, online casinos offer full anonymity, along with many modern banking methods that help players transfer money online without having to reveal any details regarding their identity or their financial status. The Indian gambling landscape is supportive of online casinos, and that’s why we believe our interest, and yours, in the best Indian casinos online and the best Indian casino payment methods is fully justified.

Best Indian Online Casinos

India’s best online casinos are gambling sites with a friendly policy towards Indian players, sites that offer high-quality casino games, convenient banking solutions, accept Indian Rupees and provide helpful and responsive customer support. Knowing that we’ve closely inspected the most popular online casino sites in the Indian market (and beyond) and handpicked the very best ones.

PlayOJO

91.67%

18 + | New Customers Only |

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  • No wagering requirements
  • High limits
  • Excellent live casino

LeoVegas

91.17%

18 + | New Customers Only |

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  • Impeccable reputation
  • 200+ live dealer tables
  • Seven gaming licences

Bitstarz

91.00%

18 + | New Customers Only |

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  • Excellent track record
  • Very fast withdrawals
  • 170+ live dealer tables

7Bit

89.83%

18 + | New Customers Only |

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  • 10-minute cashouts
  • Impeccable reputation
  • Over 200 live dealer tables

BetWinner

89.83%

18 + | New Customers Only |

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  • 6,500+ casino games
  • 200+ live dealer tables
  • 140+ payment methods

22Bet

89.67%

18 + | New Customers Only |

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  • Over 6,500 games
  • 300+ live dealer games
  • Stunning array of banking options

Royal Panda

89.00%

18 + | New Customers Only |

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  • Impeccable reputation
  • Fast cashouts
  • Impressive live casino

Masked Singer

88.67%

18 + | New Customers Only |

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  • Lightning-fast payouts
  • The Masked Singer branding
  • Top-notch live casino

Nomini

88.50%

18 + | New Customers Only |

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  • Great selection of banking options
  • Two Cashback offers
  • 7 bonuses to choose from

Betsson

88.50%

18 + | New Customers Only |

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  • Highly reputable casino
  • Exclusive games
  • Premium banking options

Top Casino Banking Methods in India

The list of the most prevalent banking methods in Indian online casinos is reasonably long, yet our aim was to determine which payment options provide the best services to online casino players from India. The fact that people in India are interested in technology and online entertainment allows for excellent virtual banking methods to thrive in the Indian online gambling market. The ones we’ve found work best are presented below.

83%
PayTM logo
Review & Best Casinos
  • India’s tailored payment option
  • Free casino transactions
  • Fast deposits & cashouts
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83%
RuPay logo
Review & Best Casinos
  • Several good cards to choose from
  • Great offers for loyal customers
  • Relatively low fees
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81%
MobiKwik logo
Review & Best Casinos
  • Supports INR
  • Lots of extra features
  • Instant casino deposits
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84%
Unified Payments Interface logo
Review & Best Casinos
  • Premium option for India
  • Helpful customer support
  • Very secure
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83%
PhonePe logo
Review & Best Casinos
  • Quick deposits and withdrawals
  • No fees
  • 24/7 customer support
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84%
AstroPay logo
Review & Best Casinos
  • No banking info revealed
  • Improves budget management
  • Seconds-long transactions
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80%
Jiomooo}ylogo
Review & Best Casinos
  • Made-in-India payment service
  • Easy mobile set-up
  • Numerous extra perks
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83%
Airtel Money logo
Review & Best Casinos
  • Focus on India, Africa
  • Easy to use
  • Low fees
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89%
MuchBetter logo
Review & Best Casinos
  • Available around the globe
  • Designed with iGaming focus
  • Quick casino deposits & withdrawals
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79%
EcoBanq logo
Review & Best Casinos
  • Fast deposits & withdrawals
  • Accepted at many casinos
  • Tailored for India
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92%
Visa Logo
Review & Best Casinos
  • Fast casino transactions
  • Available around the globe
  • 165 supported currencies
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91%
Mastercard logo
Review & Best Casinos
  • A leading payment solution
  • Maximum security
  • Fast & easy casino transactions
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Laws and Regulations on Online Gambling in India?

Regulation icon

Since the online gambling universe is expanding and developing at a rapid pace, not many countries can catch up with the speed of its advances, especially in the sense of adapting current laws and regulations to match the situation in practice. Indian laws aren’t extremely archaic, but they certainly need updating on a federal level. At this point, it is safe to say that gambling in India is regulated on a local level – every state brings forth its own laws and regulations in this matter. The only exceptions to this rule are horse racing and lottery, which are legal in all the states. Rummy is also a game widely played in this Asian country, fully legally, because in the eyes of Indian lawmakers it is considered a game of skill.

The central government isn’t allowed to intervene in any of the state proceedings and most states have enacted laws that are against gambling. Goa has made two amendments to the Goa, Daman and Diu Public Gambling Act, 1976 to legalize certain forms of gambling. There are several land-based casinos and offshore casinos that operate legally in the Indian state of Goa. Land-based gambling venues are limited to five-star hotels and floating vessels.

Certificate icon

Sikkim is a second Indian state that has legalized specific forms of gambling, including land-based and internet gambling. The sites must keep their servers located within the states though, as foreign operators aren’t permitted to invest in gambling sites in India. There were rumours in 2010 that Sikkim would provide online gambling licenses to major operators by the likes of William Hill and 888, but these negotiations, if there are were any, apparently failed.

Should a casino operator or a casino customer get caught in illegal gambling activities, they can face fines. Operators may pay a fine of ₹200 or be imprisoned for up to 3 months, while customers will have to pay a ₹100 fine or spend a month in prison.

As was explained, gambling in India largely takes place under the supervision of union territory governments. The activity is outlawed by all states, except these: Goa, Sikkim, Daman, Nagaland and Meghalaya. Online betting apps are illegal only in Andhra Pradesh and Tamil Nadu. The most recent region to legalize gaming with stakes is Meghalaya. The Meghalaya government will oversee the implementation of the Meghalaya Regulation of Gaming Ordinance from 2021 and set up a Meghalaya Gaming Commission. By having a regulatory mechanism for online gaming, the state expects increasing tax revenues.

All in all, there isn’t currently any federal law in India that prohibits residents to engage in online casino gambling. If you want to gamble online, you are expected to choose a legal online casino, one with a valid license and a trusted reputation. Gambling is very much present in the lives of many Indian citizens and an increasing number of web casinos licensed by reputable jurisdictions service Indian players with barely any hassle.

Can Casinos That Accept Indian Players Be Trusted?

Handshaking icon

The push for legalising and regulating online gambling in India is noticeable but still needs to deliver official and palpable effects. In the meantime, casinos that cater to Indian players have other existing regulating bodies to turn to. Some people don’t mind placing their bets in unlicensed casinos, but that is definitely something we do not recommend. We believe that the grand majority of online gamblers want to play legally. If you reside in India and want to engage in gambling on the internet, you can do it legally by joining casinos approved by authorities like the UKGC, MGA or Curacao, for example.

Fair gaming icon

Reputable online casinos will have their licensing information readily available. In case you want to reassure yourself that your chosen casino is legitimate, go to the casino website and take a look at the bottom of the homepage. You will see the logo of the regulatory body and the license number. Other proofs of legitimacy include compliance certifications for fair gaming, a strong security outline, trusted banking options and a customer support team attuned to the needs of the customers.

Best Casino Bonuses for Indian Players

Perhaps the greatest advantage offered to online casino users is the casino incentive program. The most common bonus type is a match despot bonus, where the casino matches the funds you upload to your gaming balance to some extent and gives you something extra to play with. Can Indian players claim such bonuses? Absolutely! There is no reason why you couldn’t claim active bonuses, as long as you are a registered player that wagers real money. Not all bonuses are made equal, though – check out the most favourable options below.

50 Free Spins No Wagering
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PlayOJO

Free Spins

No Wagering

Welcome Package

None

Ongoing

€10

No maximum

96%

5% Live Casino Cashback
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5% Live Casino Cashback

Cashback

No Wagering

Not required

None

Ongoing

€2

No maximum

95%

5%-15% Weekly Cashback
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5%-15% Weekly Cashback

Cashback

High Roller

Not needed

None

Ongoing

€500

No maximum

93%

35% Instant Cashback
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35% Instant Cashback

Cashback

Not required

10x

Ongoing

$10

No maximum

91%

Money Back up to €40
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Gambola

No Wagering

Not needed

None

Ongoing

€10

No maximum

91%

100% up to €100 + €10 Free Spins
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LeoVegas

Deposit

Not needed

20x

Ongoing

No maximum

89%

10% Cashback up to €200
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Cadabrus

Cashback

Not needed

1x

Ongoing

€50

No maximum

88%

10% Cashback up to €200
Get Bonus
Nomini

Cashback

Not needed

1x

Ongoing

€50

No maximum

88%

Local Payment Methods to Consider

India banking icons

There is no shortage of real money casino sites and one could easily land at an online casino that accepts Indian players through a simple market search, but does the site meet the necessary requirements? That is the right question. For an online casino to be on our list of the top casinos for Indian players it also has to offer suitable payment options. International banking methods are acceptable, but local methods and regionally popular deposit and withdrawal solutions indicate that the site is looking to personalise its offer and make its customers feel at home.

It is totally worth it to look for online casino sites that provide easy deposits and fast withdrawals with methods like PayTM, UPI (United Payments Interface) and GPay, while also using INR as currency. PayTM is used by millions of Indians today and is a common choice at casino sites, as well. Google Pay and PayTM are available through NetBanking, the widely used electronic banking system in India. The platform also supports IMPS (Immediate Payment Service) or NEFT (National Electronic Funds Transfer). Indian bettors are also manifesting great interest in cryptocurrencies, so online casinos with the options of paying with Bitcoins are also quite attractive. CBM keeps all this in mind when rating Indian casino sites and their cashiers.

Depositing with INR Currency

Indian rupee symbol

If you think that you can’t find an online casino that accepts Indian Rupees, you are in the wrong. It is a misconception that online casinos will not take INR currency; it is just that these casinos are not as common as sites supporting payments in major tenders such as Euros or US Dollars. Casino brands targeting your local market will include INR, making your life easier doing so!

As you already probably know, when using other currencies, we have to exchange the currency before we make the transaction. Not only is this an additional hassle, but also comes with fees. For some currencies, exchange fees may be quite expensive. Playing at casinos that support INR allows you to directly avoid these additional charges and save time by eliminating this extra step.

Fun Facts

  • Online fantasy sports is deemed a form of skill-based online sports gaming and legal business activity in India, unlike sports betting.
  • Reports put it that about 80% of Indians gamble at least once a year on slots, table games or sports. The rate at which the popularity of online gambling has grown in India in the past few years is very high.
  • Currently, most forms of gambling in India is illegal. However, horse racing, lottery, and Rummy (Paplu) fall under the category of legal gambling. It is highly likely that fully legal gambling will come to India soon.
  • Some believe that India will become a superpower in online gambling. The reasons to this are big population (India is the second-largest population in the world, standing at nearly 1.4 billion people), a tech-savvy nation (India is one of the leaders in smartphone usage worldwide), sponsorship opportunities (online gambling sites might sponsor some of the country’s biggest cricket teams) and the presence of Indian traditional games of chance such as Teen Patti, Andar Bahar and Rummy.
  • The Indian online gaming industry is growing at an exponential rate year upon year and is expected to be worth $1.1 billion by 2021, according to Google-KMPG.

FAQ

Which casino site that is the best depends on what you are looking for. There are many high-quality casino sites, yet some focus on live casino, while others on slots, for example. Bonuses also differ, so you need to consider the details when picking the best option for you.

Some casinos do. If they target Indian players and accept INR currency, they will show everything in Indian Rupees, including welcome bonuses and promotional prizes.

If you are not sure, this information can be usually seen on the General Terms and Conditions pages. Eligible countries are listed there. If you don’t find this information, feel free to contact the customer support of the casino and ask. Indian casinos online recommended by CBM surely accept players from India, no doubt about it.

Taxes are applied to casino winnings in India, although these charges are more characteristic for casino operators than players themselves. Tax laws levy a tax rate of 30% on any winnings from any form of gambling or betting. Offshore casino operators are supposed to withhold tax of 30% when paying winners if the amount exceeds 10,000 INR. Indian-based online casinos will have a 28% rate applied.

Traditional Indian casino games have started to appear more and more at online casinos. This means you can play them whenever you want. More and more players are getting familiar with games like Teen Patti, Andar Bahar and Jhandi Munda through online casino play.

The only way to ensure you are safe is to play at a recommended and trusted Indian online casino site. Always go for a casino that holds a valid license from a reputable authority, is tested for fairness, offers secure payment methods and applies security measures such as SSL encryption. Taking a couple of extra precautions, such as creating a strong password and not using public Wi-Fi to gamble online is also a good idea.

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