Indians love to place wagers on cricket which is by far the biggest and most popular sport in the country which is home to over 1.3 billion people. The younger generation has also shown a tendency in recent times to engage in a number of online casino games such as poker, rummy and an Indian favorite teen patti.
During the last few years, the demand for online casino games in India has shot up incredibly and iGaming operators across the world have decided to venture into India and launch their online casinos offering a variety of games. Sports betting is a key component to each online casino targeting Indian players along with classic games such as blackjack, roulette and slots.
No Deposit Casinos – First Choice
No Deposit Casinos offer Indian players are free-sign up bonus that usually comes in the form of free spins on selective slot titles or free cash that needs to be used within a stipulated amount of time. These no deposit bonuses are popular because players do not have to make any real money deposit of their own and can use the No Deposit bonus to test out the online casino offerings and see if they are happy enough to proceed with their first real money deposit.
Deposit And Withdrawal Options in India
One of the main factors that will determine the speed and growth of India’s online gambling industry is the quality of deposit and withdrawal options. Indian players are highly cautious when it comes to trusting an online casino and making a real money deposit. They want to be sure that the online casino is legitimate and that their personal and financial information will remain protected at all times as they proceed to make deposits and withdrawals.
Most Indian facing online casinos tend to offer a limited selection of banking methods at this point in time. However, the banking methods on offer are popular in India and is considered a safe and secure method of payment throughout India. We take a look at some of the most reliable and popular banking options offered by online casinos in India.
MasterCard And Visa
Just about every legit online casino has the reliable MasterCard and Visa on its list of banking methods. Online casinos in India also make it easy for their players by listing both MasterCard and Visa as one of their main banking options.
India is a massive market for leading credit card operators and MasterCard and Visa have millions of customers throughout India. Online casinos have no problem processing credit cards from MasterCard and Visa but most online casinos do not accept debit cards. The processing time for deposits is usually a few minutes and is a safe deposit option.
Neteller: is a staple at most online casinos and this popular e-wallet also has a great customer base in India. Online casinos targeting the Indian market rely heavily on Neteller as Indian players trust the e-wallet and are familiar with the process of making deposits and receiving payouts.
Players who do not have a Neteller account, will be able to create one within a few minutes. They can use their credit cards to top up their Neteller account and then link their online casino account with their Neteller account so that they can proceed to make deposits and withdrawals with the click of a button.
Entropay: allows Indian users to create their own virtual credit card as they can get a pre-paid card using any name they wish to enter. This allows them to be virtually anonymous and enjoy a safe and secure online casino experience. Players can top up their Entropay account using their Visa or MasterCard.
Bank Transfers: Not every Indian facing online casino tends to offer direct bank transfers but a lot of them do. Bank transfers or net banking like it is commonly referred to in India is not the fastest banking method available but some players still prefer to use it as they usually don’t have access to a credit card.
Indian players prefer the bank transfer option especially when it comes to withdrawals because the money is directly leaving the online casino and going straight into their bank account. The option to use net banking as a withdrawal method removes the middleman and also avoids unnecessary processing fees.
Conclusion: Online casinos in India are slowly beginning to add more banking methods such as PayPal and cryptocurrency options like bitcoin and Ethereum but they are yet to become a staple at most online casinos.