Punters are constantly looking for payment methods and betting sites that offer faster withdrawal options. Once you have increased your account balance, as a result of placing fortunate bets, you would want to transfer your winnings to your bank account to make good use of it.
There are plenty of payment methods available for withdrawals, all these methods have different processing times. Some may take 2 to 7 days to complete the withdrawals while others may complete the process instantly. There are some betting sites in India with instant withdrawal facilities.
Read this article to find out which betting sites and payment methods offer instant withdrawals and how to withdraw from these websites.
Out of all the available options, some payment methods offer quick, easy and safe withdrawals from betting sites. We have listed the top 5 fastest payment methods for Indian punters and how much time they take.
Paytm is by far the fastest payment method offered by many betting sites that have a huge user base in India. It is India’s very own digital payment method that is being used on a daily basis by the people. Payouts through Paytm, at the quickest, will take 15 minutes and there are no processing fees charged. It also provides an option to receive or pay money through a digital wallet or directly through the user’s bank account (through UPI).
E-wallets like Skrill and Neteller are two of the widely used payment methods when it comes to betting sites. These methods offer instant withdrawals with verified accounts and incur no processing fees. As Paytm is not a listed method on every betting site, Skrill or Neteller are the best alternatives available.
Crypto is the future of digital payments and many betting sites are becoming crypto-friendly. Withdrawals and payments using listed cryptocurrencies are instant and involve no processing fee. All you have to do is enter your crypto wallet address and confirm the withdrawal. This option may not be common as it is a relatively new method. However, it is quick and hassle-free.
These two methods are available on every betting site due to their common use worldwide. These may not be the fastest payment methods but they aren’t the slowest. They take up to 5 working days for withdrawals and are two of the most successful modes.
Another payment mode that can get the funds in your account in less than a week is Bank Transfer. Many fast withdrawal betting sites in India offer this method for the convenient transfer of funds directly to the user’s bank account. Although, your bank may charge extra fees for processing the withdrawal.
While the processing time in all the above payment methods is relatively quick, in certain cases it may take longer than usual. For example, if your account is not verified, the server for the specific mode is down or the website has put a temporary pause on payments through a certain mode. Otherwise, the withdrawals are processed in the stipulated time frame.
There are a few tips and tricks that can assist a player in the faster process of their withdrawals. These options are applicable on almost every betting site and have a higher performance ratio.
When you register with a betting site, it requires you to verify your account. This may include verifying your identity (name and date of birth), phone number/email address, age, bank details, or the payment mode you are using.
For this, you may need to upload a few documents which will only take a few minutes. To prevent financial crimes like money laundering, most websites require account verification to withdraw funds. Therefore, your account must be verified before you withdraw any funds from it.
You will likely need to upload a colour photo of the front and back of one of these documents below:
Every betting site has a different set of payment methods that it may authorize to deposit or withdraw funds. Each method has a different withdrawal processing time. Therefore, choose the withdrawal method that is faster than the others. Generally, e-wallets offer instant withdrawals.
If you are planning to withdraw the bonuses or other perks offered by the betting site and are not able to do so, then you must have missed the “fine print” that is attached to these perks. Every betting site furnishes a wagering requirement to be met before a player can withdraw their bonuses. Therefore, to withdraw the funds faster, you must complete these requirements.
The majority of betting sites encourage players to use their deposit method to withdraw their funds instantly. This is because it is already verified, otherwise the player would have to go through the KYC (Know Your Customer) process again, which is necessary to prevent financial crimes. Therefore, use the same mode and bank account to deposit or withdraw funds.
Every betting site has set a minimum and maximum limit for withdrawal, which may vary from currency to currency or payment methods. In no circumstances, a player can withdraw outside these limits. Therefore, make sure to check these caps, which are generally mentioned on the Terms and Conditions page on the website.
If you are new to making withdrawals from the betting sites and do not know how to do it, we have got you covered. Follow the steps given below to successfully withdraw your winnings/funds from the fastest withdrawal betting site.
These steps assume you are already a registered customer at your chosen betting site.
It is important to know that players can only make a withdrawal request if their accounts are verified. This step is necessary to prevent any financial crime or loss of funds.
I am an avid reader and passionate writer. I have been working in the content writing industry for the past 10 years now and I have written hundreds of content pieces that cover the world of gambling. With a passion for all things related to casinos, sports betting, and online gaming, I bring a unique perspective and in-depth knowledge to my pieces. From strategy guides to reviews and analysis, my goal is to provide readers with the information they need to make informed decisions and enhance their experience. Let's win big together!