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The Best Paytm Betting Sites for 2022

Heralded as India’s answer to PayPal, Paytm is the perfect payment method if you live in India – especially if you want to bet online. Paytm is India’s largest mobile payments group, offering a secure e-wallet that has been trusted since launching back in 2010.

Read on to discover the best betting sites that accept Paytm. We will even walk you through how to join and use Paytm, which is the preferred payment option for 350 million customers.

Best Online Betting Sites That Accept Paytm

4.79/5
Rated by 671 users
Claimed by 239 people this week
100% up to €122
Terms and conditions: Register and deposit at least €1. Get 100% matched bonus, up to €122. Bonus amount must be wagered 5x via accumulator bets. Min 3+ selection, min odds 1.40. Rollover must be completed within seven days. Withdrawals unavailable until rollover completed. – Terms apply
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Payment Options

Neteller
Skrill
Siru

Average Payout Speed

0 – 24 Hours

Currencies

  • EUR
  • USD
  • AED
  • Available in over 30 languages
  • Over 1000 events offered every day
  • Extensive list of banking methods
  • 24/7 customer service support
  • Cryptocurrency accepted
  • Lack of live streaming
4.5/5
Rated by 415 users
Claimed by 206 people this week
100% up to €100
Terms and conditions: Terms and Conditions apply. – Terms apply
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Payment Options

VISA
Master Card
Skrill
Neteller

Average Payout Speed

0 – 24 Hours

Currencies

  • Get big cash prizes as a VIP customer
  • Access the site in 17 languages
  • Live odds change via colour-coded boxes
  • Explore in-depth sports rules on the site
  • No live streaming service
  • Long list of restricted countries
4.65/5
Rated by 613 users
Claimed by 165 people this week
100% up to €100
Terms and conditions: Terms and Conditions apply. – Terms apply
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Payment Options

Astropay
Bank Wire
Bitcoin
Boku
EcoPayz
ePay
Euteller
+19

Average Payout Speed

0 – 24 Hours

Currencies

  • AUD
  • AZN
  • BDT
  • Over 1000 daily sports events
  • Dedicated smartphone apps
  • Live streaming on site
  • Cashier supports many currencies
  • Long list of payment methods
  • Design is convoluted and outdated
4.6/5
Rated by 223 users
Claimed by 179 people this week
100% Up To 500MYR
Terms and conditions: Terms and Conditions apply. – Terms apply
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Payment Options

24 All Time
2Click
Access Bank
Alfapay
Alipay
Aninda Banka
Astropay
+62

Average Payout Speed

0 – 24 Hours

Currencies

  • ARS
  • RSD
  • AUD
  • Great welcome bonus for all new players
  • Huge selection of markets and events
  • Over 140 different payment methods
  • Safe and secure website that is encrypted
  • Online casino with top slots and games
  • Restricted in many countries
4.63/5
Rated by 315 users
Claimed by 139 people this week
100% Bonus up to €50
Terms and conditions: Terms and Conditions apply. – Terms apply
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Payment Options

Bank Transfer
Euteller
Giropay
Ideal
Maestro
Master Card
Moneta
+11

Average Payout Speed

0 – 24 Hours

Currencies

  • GBP
  • User-friendly website design
  • Live odds for 50+ sports
  • Various virtual sports options
  • Excellent customer support
  • No live streaming service
  • Limited withdrawal options

How We Compare Paytm Betting Sites

The best Paytm betting sites only make our list after a strict vetting process. At SBO.net, we have assembled an experienced review team that has worked in the sports betting industry for many years. Each member of our team understands what fellow punters seek when betting online.

We investigate everything from the security and trustworthiness of a site to the customer service and how competitive its odds are across all sports.

Studying our recommendations will save you hours of research. You will quickly find a new Paytm betting site, where you can claim a generous welcome bonus and know that you’ll be safe.

Some of the many factors we consider before approving Paytm betting sites are:

Safety and Security

Security Measures

We insist on each site we recommend holding an operating licence with a regulatory body like the UK Gambling Commission (UKGC). For Paytm betting sites to obtain a licence, they must have strict processes in place to prove they are safe and secure. Regular audits ensure player funds and data are protected at all times, and that everything is above board.

Free Bets and Bonuses

Welcome Bonuses

With so much competition, Paytm betting sites make a lot of effort to attract and reward new customers. Their first opportunity to do this is with a generous welcome bonus. When you sign up to one of our recommended sites, you will receive what we consider to be a generous welcome bonus – whether it be in the form of a match bonus or a free bet.

Betting Odds

Competitive Odds

You want to sign up to a site that offers competitive odds on the markets you love, such as cricket and football. Rest assured that our recommended Paytm betting sites boast the best odds. Therefore, you will receive the maximum return when you place a winning bet. Don’t be that person who wins a bet at odds of 1.74 when 3.2 was available elsewhere!

Which Betting Sites Accept Paytm?

Paytm is a hugely popular brand in India. It has grown from just a payment service into a commercial giant offering ticketing, rail and flight bookings, a gaming platform and a credit card with Citibank. With such a loyal customer base, just about all betting sites that accept Indian rupees (INR) offer Paytm.

However, you shouldn’t risk joining an inferior site. Remember that we list only the best Paytm betting sites on this page. We do this so that you can sign up with confidence, knowing your favourite payment method will be one of many options listed in the cashier.

Another advantage of Paytm is that you can quickly transfer funds between different sports betting accounts. This saves you from having to register multiple banking options at every site you join – and is also means that your bank only sees transactions to and from Paytm, not betting sites.

How to Create a Paytm Account

The Paytm account creation process is simple.

Step 1

Simply visit the official Paytm website and get started by clicking on the sign up button. Paytm also has a cool mobile app. You can download it and use it to create your account, too. Click on the profile icon in the top right corner of the screen and follow the simple on-screen instructions.

Step 2

You will be asked for your mobile number and email address, and you will also need to enter a secure password at this stage. Then click on ‘Create Your Paytm Wallet’ and add a one-time password, enter your full name and click ‘Create your Paytm Wallet’ again. Job done!

Step 3

After creating a Paytm account, the next step is adding funds to your new e-wallet. When using a web browser, log in to your account and click on the Paytm Wallet icon. Enter the amount you wish to add and select the payment method from credit/debit card, Net Banking or UPI.

The process is almost identical using the app. Both options allow you to save your credit or debit card details, saving you time when you wish to make a fresh deposit.

How to Bet Using Paytm

It’s easy to bet using Paytm.

Step 1

All Paytm betting sites require you to make a deposit before you can start betting on all the sporting action. Presuming you have funds in your e-wallet, simply navigate to the cashier and select Paytm as your preferred payment method.

Step 2

Now enter the amount you would like to deposit and confirm the figure is correct. You will then be redirected to the Paytm site to complete the transaction.

Step 3

The payment will be made into your betting account almost instantly. Fast payment processing like this is essential if you spot a good betting opportunity and need access to funds immediately. Imagine you are watching a cricket match live on television and want to jump on an in-play bet. With Paytm, you can do so in the blink of an eye.

Step 4

If all goes well and you make a nice profit, you can easily withdraw your winnings back to your Paytm e-wallet. Withdrawals are instant, once your betting site has processed the transaction. Processing times vary from one site to the next. Some are almost instant; others take a few working days.

Paytm logo

Advantages and Disadvantages of Paytm Betting

Advantages

Trusted Brand

Trusted Brand

The most significant advantage of using Paytm betting sites is that the payment gateway is so widely recognised and used by people living in and from India. Users have the reassurance of making payments to and from a giant Indian company.

Privacy

Privacy

Another benefit is that when you return your winnings from your e-wallet back to your bank account, there is no mention of gambling activity; it is just a payment from Paytm, which helps protect your privacy.

Zero Fees

Zero Fees

Transfers to and from your betting accounts and Paytm do not attract any fees.

Disadvantages

Limited to India

Limited to India

One disadvantage of Paytm is that it is only open to Indian punters. Other citizens will need to look elsewhere for a reliable payment gateway.

Plus, the app can sometimes appear clunky as you have so many service options. When it’s working well, however, it is one of the best.

Alternatives to Betting Online With Paytm

Although it is a favourite for many, we understand that using Paytm betting sites may not be ideal for you. Thankfully, you have plenty of other secure options available to fund your betting accounts.

Credit and Debit Cards

Credit and Debit Cards

Safety and convenience make credit and debit cards popular amongst punters. Transactions sometimes attract small fees (especially credit cards), but you can easily withdraw any gambling winnings to the same source. Debit cards are also a sound option if you need to move funds fast.

E-Wallets

E-Wallets

Although they are similar to use, you might prefer an alternative e-wallet provider. Despite being hugely popular elsewhere in the world, PayPal is only just now gaining ground in India. Skrill is perhaps a better-known option.

Paysafecard

Paysafecard

Paysafecard is prepaid card that can be used to fund your online betting account. The bad news here is that you cannot withdraw any winnings via Paysafecard, so you would need to make alternative arrangements in this case.

Paytm Betting FAQs

Do online betting sites accept Paytm?

Yes! If a betting site accepts the Indian rupee, it is likely to offer Paytm as a payment method – although this will be only available to Indian citizens. Paytm betting sites are happy to list the e-wallet in the cashier because the processing of deposit and withdrawal requests are fast and straightforward.

Can Paytm only be used by Indian punters?

Yes, Paytm is regulated by the Government of India and can only be used by an Indian citizen, either living locally or residing abroad. The official Paytm website is available in 11 Indian languages and finely tuned for the Indian market, which is why it has become a preferred option locally.

Are there any Paytm fees?

Transferring funds from your Paytm e-wallet to a merchant is free and fast. However, there will be fees to pay should you wish to move funds from your e-wallet back to your bank account. Funding your Paytm account comes with a 2% Visa or Mastercard credit card fee, or a 1.25% fee for the equivalent debit cards.
Q.

How long does it take when withdrawing using Paytm?

A.
E-wallets like Paytm are often the best way to withdraw cash from your online betting account because they are faster to process. In most cases, funds will be available in your wallet within 24 hours, sometimes only a few hours. In contrast, debit or credit card withdrawals might take between 48-72 hours, making Paytm betting sites a very attractive option.

About the author

Alan Penny
Alan Penny

Editor-in-Chief

Alan hails from Northern Ireland and is an avid fan of all sports. He has been with us since 2017 and serves as SBO’s Editor-in-Chief. Alan passionately covers everything from the latest regulatory developments across the globe to tips on the latest football matches.