Paytm Betting Sites in India

How Does Paytm Work?

Initially, Paytm was only a recharge platform to let users recharge their prepaid mobile numbers and DTH subscriptions conveniently. It has been a long journey for the company to be where it is now.

The Paytm wallet is the component you’re going to use when you bet with Paytm. The wallet was launched in 2014. At this point, you can do pretty much everything you can think of with your money through Paytm. The prerequisite is that you must have a KYC-approved account.

Now, a lot of payment methods fail because they make the KYC verification process too complex. Not Paytm though. It planted hundreds of KCY points all over India. Users can just ask the agent to open a Paytm account for them. Of course, the customers will need to submit the required documents first.

Once your account is ready, you can use any of the UPI methods to fund the Paytm account. This is a 2-way process which means you can withdraw funds from your Paytm account to your bank accounts too!

The most amazing part of this service is that you don’t have to pay anything extra!

Paytm in Betting Sites

When an online gambling company penetrates a market, one of its primary targets is localization. In simple words, localization means adapting the products or services according to the need of the niche.

It means offshore gambling sites needed to adapt their services to make an impact on the Indian market. Paytm has been pivotal in this regard as the biggest challenge for bettors was to deposit in their betting account and withdraw out of it.

Witnessing the massive success of the payment method in the country, all international bookmakers decided to offer it as a valid payment method for their sites. It resulted in a never-seen-before rise in the number of people who participate in online gambling from India.

How to Sign Up for Paytm

As Paytm is an online wallet and not a bank transfer method, you need a valid account. You can either go to a KYC point or open the account by yourself. It’s a very straightforward process. If this is your first time using Paytm cricket betting sites, follow our guide for the sign up process.

1. Visit the Paytm website. You should find the Sign Up and Login buttons in the top right corner of the website.
2. The primary point of identification is your phone number. And it’s the first thing you need to enter on the form.
3. Enter your email address and password for future logins.
4. Your account is already created at this point. You can even use it for limited-scale fund transfers. But for the full potential of a Paytm account, it’s highly recommended that you complete the KYC verification on your account.
5. The process starts with you entering your first name, last name, date of birth, complete address, etc. personal information.
6. At one point, the platform will ask for ID. You can use your Aadhar card number in this step.
7. If everything goes right, you should get a notification that your verification has been successfully completed.

How to Fund a Paytm Account?

To deposit real money in your Paytm betting sites accounts, you first need to transfer the funds to your Paytm account. Thankfully, you can do it using your bank account, credit card, debit card, Net Banking, and UPI.

Here are the steps to a Paytm deposit betting site:

Log into your Paytm account using the email/phone number and the password you used during the registration process.

1. Choose the “wallet” component from your account.
2. Choose “Add Money”.
3. You’ll be asked the amount for the deposit. Enter your desired amount and click next. You can also do wallet-to-wallet transfer to Paytm for instance, if you want.
4. This should present you with a list of all the payment methods you can use. Select the one you see fit. Keep in mind that certain methods can charge a small fee for the transaction.
5. Enter the payment method credentials and complete the authentication.
6. The funds should instantly show up in your Paytm account.

How to Deposit at Paytm Cricket Betting Sites?

Betting by Paytm starts with a deposit into your betting account. We’ve already shared the best Paytm gambling sites that accept punters from India. In fact, we’re going to narrow down your options even further in an upcoming section.

For now, let’s focus on the deposit process at Paytm-accepted websites.

1. Log into your betting site account.
2. Locate the banking/cashier page. It’s usually a button on the home interface that says “Deposit”. In any case, this is an intuitive process.
3. Once you’re on the deposit page, scroll down until you find Paytm, and click on it.
4. Enter the desired amount for your deposit. If this is your first deposit, your account might be eligible for a welcome bonus from the cricket betting app Paytm. In that case, enter the minimum deposit amount or more for the bonus.
5. Enter your Paytm credentials on the pop-up window to authenticate the deposit.
6. The money will show up in your betting account instantly! Now you are free to bet on sports with Paytm.

How to Withdraw the Winnings of Sports Bet with Paytm?

As you’re gambling for real money, chances are high that you’ll win some of it back. Also, you have the option to withdraw the bonuses you get. You’d be glad to know that you can use the same Paytm account for withdrawals as you did for the deposits!

Here are the steps on how to withdraw money from Paytm bet sites.

1. Log in to your betting account again and visit the cashier page. This time, choose “withdrawal”.
2. Enter the amount you want to withdraw from the account. Similar to the deposit, there are minimum and maximum withdrawal limits. Enter a valid amount that falls within the range.
3. For the withdrawal to work, your betting account must also be verified. It’s best to complete it in advance so that there is no delay in the withdrawal process.
4. Enter all the credentials needed for the withdrawal.
5. Allow the betting company to process your payment. It typically takes between 24 to 48 hours all over the world.
6. Once the Paytm betting apps process your withdrawal, it’ll show up in your Paytm account instantly.