The Best Paytm Betting Sites & How to Use Them in India 2021

Launched in 2010, Paytm is one of India’s most trusted online payment providers. It currently serves over 350 million users across the country, but to enjoy the benefits of betting online with Paytm, you will first need to open an account.

If you are an Indian citizen, you can easily set up a Paytm account and fund it by using various methods such as bank transfer or credit/debit card. Then you can use this money to make deposits and withdrawals at online gambling sites that accept Paytm.

Create a Paytm Account

To create your Paytm account, follow these steps:

• Download the Paytm app from the app store, Google Play or Paytm website. The app is available for both iOS and Android devices.
• Tap on the profile icon on the top right-hand side of the screen.
• Select ‘Create a New Account’.
• Enter your email, selected password and mobile phone number.
• Select ‘Create a New Account’.
• Paytm will send a text message to your mobile with an OTP (One Time Password) for verification.
• Enter the OTP, first and last names and date of birth.
• Tap on ‘Create Account’.
• Your Paytm account is now activated.

Add Money to a Paytm Account

Before making a Paytm betting deposit, you will need to add money to your Paytm wallet. Do this by following a few quick steps:

• Open the Paytm app or log in to the website.
• Select the ‘Add Money’ icon.
• Select credit/debit card, Net Banking or UPI (Unified Payment Interface) code.
• Enter the amount you want to add and click ‘Add Money’.
• Follow the instructions and add necessary details (such as card CVV) and confirm the transaction.
• Once completed, the funds in your Paytm wallet are ready to be used on betting sites that accept Paytm.

Verify Your Paytm Account With KYC

Signing up to Paytm allows you to add money to your account and use it to make Paytm betting deposits. But you still need to verify your account before being able to use all of Paytm’s services.

These include paying municipal bills, sending money to another Paytm wallet and transferring money to your bank account, which is crucial if you want to make withdrawals.

To verify your Paytm account, you will need to complete a KYC (Know Your Customer) process. You can do it by requesting a visit from a Paytm agent or attending a nearby KYC centre in person. In either case, you will need to fill in a few forms and present ID documents. Besides enabling the full range of services, completing the KYC process will also increase your Paytm account limits.

As soon as you have provided all the information, it will take a further 2-3 working days for Paytm to verify your account.

Depositing With Paytm at a Betting Site

Now that your Paytm wallet is set up and has money in it, here’s how to make a deposit with Paytm at an online casino or betting site.

• Browse our list of Paytm betting sites above, choose the one you like and sign up.
• Log into your account at the gambling site.
• Go to the cashier, find ‘Deposits’ and select Paytm.
• Enter the amount you wish to deposit and confirm.
• You will be redirected to a page where you will log into your Paytm account.
• Log in and authorise the transaction.
• The payment should be processed instantly but could take a few minutes.

Make a Paytm Betting Deposit with a UPI

Another way to make a Paytm betting deposit is by using a UPI (United Payments Interface). Many gamblers in India prefer to use a UPI because it is quicker and does not require logging into your Paytm account with every transaction. Also, the Reserve Bank of India regulates UPI so transactions are safe and reliable.

To use this option, you will need to set a UPI ID and passcode in your Paytm account. Once your ID is set, the UPI requires fewer steps with each Paytm betting deposit you make.  Follow the steps below to create your UPI ID and passcode:

• In the Paytm app, select ‘BHIM UPI’ from the top menu, it’s next to options like Pay, Lifafa and KYC
• Select the bank you want to use to make the deposit.
• A verification message will be sent to your mobile device.
• Reply to the UPI verification request.
• Your default UPI ID is your [email protected]. You can change it later if you wish.
• You will now be prompted to set up your UPI passcode, which is called M-PIN.
• When you have done this your UPI ID and M-PIN are now active.

Once you set up your UPI ID, you can use it to make a Paytm betting deposit. Note that making a deposit using a UPI is slightly different to using your Paytm wallet. To deposit at a betting site via UPI follow these steps:

• Log into your account at the gambling site and head to the cashier.
• In the deposit section, select UPI or Paytm UPI as your preferred method. Do not select the Paytm or Paytm wallet option.
• Enter the amount you wish to deposit.
• Enter your UPI ID and M-PIN and confirm the transaction.
• Funds will now appear in your betting account.

Withdrawing With Paytm at a Betting Site

To withdraw winnings, log into your betting account, go to the cashier and select the ‘withdrawal’ option. Choose ‘Paytm’, enter the withdrawal amount, follow the instructions and confirm the transaction. Once the withdrawal is approved and processed by the betting site, the money transfers to your Paytm account.

You can also use your UPI ID to make withdrawals. Select the UPI option from the withdrawal page in the cashier and follow the simple instructions.

1xBet is an international betting operator that offers a large selection of sports including cricket, tennis, horse racing and more. To make a deposit with Paytm on 1xBet, follow these steps:

• Log into your account and click on the ‘$’ icon in the header, this will take you to the cashier section.
• From the list of payment options, select ‘e-wallets’ and click Paytm or the Paytm UPI option.
• Enter the amount you wish to deposit and confirm.
• You will be redirected to another page. When promoted log into your Paytm account to confirm the transaction.
• If you’re using Paytm UPI enter your UPI ID and M-PIN and confirm.

Once the payment is authorised by 1xbet, the money will be transferred to your account instantly and there are no service charges.

Founded in the UK, Bet365 is one of the most popular betting sites in India and accepts Paytm betting deposits, which can be made through both the Paytm wallet and a UPI. Here’s how to make a Paytm deposit at Bet365:

• Log in and go to the ‘Members’ area.
• Click on the ‘Bank’ tab and then on ‘Deposit’.
• Select ‘Paytm’ from the drop down menu, click the Paytm option and enter your Paytm ID and deposit amount.
• Log into your Paytm account and approve the transfer.
• If you’re using Paytm UPI enter your UPI ID and M-PIN and confirm the transaction.

Once this is done, the money will be credited to your Bet365 account balance instantly.

Pros

• Paytm is one of the most trusted payment providers by Indian bettors.
• There are no fees for depositing at betting sites using Paytm.
• The service is available in 11 different languages.
• You can deposit and withdraw from betting sites using the Paytm app.

Cons

• You must be an Indian citizen to use Paytm at online betting sites.
• Transfers from a Paytm wallet to a bank account can incur a service fee of 5%.