Best PhonePe Betting Sites

Find out the details of PhonePe payment system in India.

What Is PhonePe?

PhonePe is an electronic payment system in India that allows users to make secure transactions directly from their mobile devices. The payment system was launched in 2016 and quickly gained popularity due to its user-friendly interface and wide range of services. PhonePe allows users to send and receive money, pay bills, top up betting sites, and much more. The table below summarizes the basic information about PhonePe:

Founded2016
TypeElectronic Payment System
Area servedIndia
Special applicationAndroid and IOS
Processing feeNo
Transaction speedInstant

Top Betting Sites Accepting PhonePe

PhonePe is a popular payment system and it is increasingly being used by Indian punters. Most betting sites that accept PhonePe are favored by players, as this fact is one of the decisive factors when choosing a betting site. With secure and convenient payment methods, PhonePe allows users to easily deposit funds into their gaming accounts and withdraw winnings. Sites that include the PhonePe payment method in their range of products provide betting convenience by ensuring that users can make secure transactions. Check out the list of best betting sites:

Brand Highlights Bonus Rating Link
1
The best platform for your sports betting Parimatch.
Parimatch

Parimatch Highlights

  • Best Android & iOS app for sport betting
  • One of the best betting bonuses
  • Excellent cricket odds for bettors

Welcome Bonus

150% Up to INR 12,000

Welcome bonus on betting up to INR 12,000 for new customers from India.

5
★★★★★
Read review
2
Place bets on any sports with Megapari.
Megapari

Megapari Highlights

  • More than 2000 game events per day
  • Hindi support available
  • Large selection of live events

Welcome Bonus

130% Up to INR 20,000

Welcome bonus for the sports section.

5
★★★★★
Read review
3
Go to Melbet and place your winning bet.
Melbet

Melbet Highlights

  • Simple registration
  • Excellent real-time betting feature
  • 250+ major league markets

Welcome Bonus

100% Up to 20.000 INR

New Melbet players can get a bonus of +100% on their first deposit of up to INR 20.000.

5
★★★★★
Read review
4
Place your bets on sports at 1Win.
1Win

1Win Highlights

  • The minimum deposit amount is just 300 INR
  • Handy mobile application on Android and iOS
  • Live cricket betting feature available

Welcome Bonus

500% Up to INR 80,400

New customers at 1Win can get a welcome bonus of 500% up to 80,400 INR.

5
★★★★★
Read review
5
Bet on any tournaments with 22bet.
22Bet

22Bet Highlights

  • Live Betting and Live Casino
  • Wide selection of sports disciplines
  • Instant deposit

Welcome Bonus

100% Up to INR 10,000

Deposit INR 10,000 in your new account and get INR 10,000 added for no additional cost.

4.9
★★★★★
Read review
6
Khelraja official betting website in India.
Khelraja

Khelraja Highlights

  • Real-time statistics are available
  • A variety of sports and high odds
  • Suitable for Indian players with UPI support

Welcome Bonus

50% Up to INR 15,000

Obtain +50% up to INR 15000 on your account simply by making your first deposit.

4.8
★★★★★
Read review

Review of Indian Betting Sites Accepting PhonePe

In this section, we take a look at the top PhonePe betting sites and provide useful information about bookmakers. The availability of PhonePe for withdrawals may vary (meaning that the method may be available for deposits, but not for withdrawals). The PhonePe betting sites on our list have been selected based on their reputation, user reviews, competitive odds, variety of sports markets, and overall user experience.

Comparative Table of Bookmakers Accepting PhonePe

Explore the information provided in our comparison table of bookmakers that accept PhonePe. In the table below we have compiled a list of betting sites that accept PhonePe as a payment method and compared their terms and conditions: 

BookmakersMinimum Deposit,RsMaximum Deposit,RsDeposit TimeMinimum Withdrawal,RsMaximum Withdrawal,RsWithdrawal Time
Parimatch30050,000Instant300100,000within 24 hours
Khelraja20050,000Instant200100,000within 12 hours
Megapari1,000UnlimitedInstant1,000Unlimitedwithin 12 hours
Melbet1,000UnlimitedInstant500Unlimitedwithin 24 hours
1Win30050,000Instant2,00090,000within 24 hours
22Bet300UnlimitedInstant3,000Unlimitedwithin 24 hours

Advantages and Disadvantages of Using PhonePe Betting Sites

Betting sites with PhonePe payment methods have gained popularity and are favored by punters in India. We have conducted a detailed analysis of this e-wallet and were able to identify its main advantages and disadvantages when used by betting sites. The information is reflected in the form of a comparative table:

AdvantagesDisadvantages
Easy to use and instant depositsAvailability of PhonePe betting sites may be limited depending on the region
Attractive bonuses and promotions for PhonePe users
No commissions when depositing at betting sites 
Legality and transparent transactions 

Betting Apps That Accept PhonePe in India Reviewed

In the following article, we will present a thoroughly tested selection of the best betting apps that support PhonePe. Using a mobile betting app allows users to place bets on the go. These apps have been thoroughly analyzed and approved based on their reliability and compatibility with PhonePe. Read the basic information about PhonePe betting apps.

Is It Safe to Use PhonePe to Make Deposits at Betting Sites?

Using PhonePe to make deposits at betting sites can be considered safe, and we will now confirm this. PhonePe is an e-wallet platform that offers secure and convenient transactions for players in India. The payment system operates under a license from the Reserve Bank of India and complies with national and international regulations. It is important to note that the safety of using PhonePe for betting site deposits also depends on the security measures implemented by the betting site itself. Only trustworthy betting sites that have strong encryption protocols should be favored.

Use one of India's safest and most technologically advanced payment systems, PhonePe.

How to Create and Verify a PhonePe Wallet

The process of creating a PhonePe wallet is simple and usually does not take much time. For more convenience when creating a wallet, use the steps:

Step 1
Start getting acquainted with PhonePe by downloading it from the official shop of your mobile device.

Download the PhonePe app

Open the Google Play Store or App Store on your device and download the PhonePe app.

Step 2
Use your mobile phone number to register for the PhonePe app.

Create an Account

Launch the app and enter your mobile phone number registered for your bank account.

Step 3
Confirm your account with the password that will be sent to your phone number.

Confirm Your Phone Number

Use the OTP (one-time password) sent to your registered mobile phone number to confirm it.

Step 4
Create your short password to have quick access to your PhonePe wallet.

Set Your Password

Come up with a 4-digit secure PIN for your wallet. Additional authentication may be required for more PhonePe services.

To verify your PhonePe wallet, follow the steps below: 

  1. Access the PhonePe app. Open the previously downloaded app on your device and log in.
  2. Confirm your email address. Open the “Profile” section of the app and by selecting “Change” in your email id, follow the instructions to confirm your email address.
  3. Go through the KYC process. This involves providing other identity documents as per the instructions provided in the app.

Once the verification process is complete, you will receive a confirmation message or email from PhonePe indicating that your wallet has been verified and is ready to use the restrictions.

How to Deposit on Betting Sites Using PhonePe

We’re sure that experienced bettors know exactly how to quickly deposit funds to a betting site via PhonePe. But if you’re a beginner, just follow the steps below:

Step 1
Launch the PhonePe application from the desktop of your mobile device.

Access the PhonePe App

Open the previously downloaded PhonePe app on your device.

Step 2
Add your card to PhonePe and make your first wallet top-up.

Refill Your PhonePe Account

Select the recharge method to recharge your PhonePe wallet and enter the desired amount and confirm the transaction.

Step 3
Enter the 1Win website in the browser of your mobile device.

Access the Betting Site and Make a Deposit

Go to the official platform of your chosen bookmaker. Then log in to your personal account and go to the “Deposits” section of the site.

Step 4
Select the deposit tab, make a deposit and place your first bet at 1Win Casino.

Confirm Your Deposit

In the “Deposits” section, select your preferred deposit option and deposit an amount not less than the minimum allowed amount.

Once the transaction is successful, the funds will be instantly credited to your gaming account.

How to Withdraw Funds on Bookmaker Sites Using PhonePe

To withdraw funds on betting sites using PhonePe, follow the steps below:

Step 1
Go to the official website of Megapari bookmaker.

Access the Betting Site You Are Using

Open the betting site of your chosen bookmaker.

Step 2
Select the Megapari personal account icon and open the PhonePe method withdrawal tab.

Start Withdraw Funds

From the main menu of the betting site, go to the “Withdrawal” section and select PhonePe as your preferred withdrawal method (note the amount of the minimum withdrawal allowed).

Step 3
Enter the amount you need and confirm your withdrawal from Megapari Casino via PhonePe.

Confirm Your Withdrawal

Enter the withdrawal amount and provide your PhonePe account details.

The funds should be transferred to your PhonePe account within a certain period of time, depending on the bookmaker’s processing time.

Important Conditions to Know About

Before using PhonePe, you need to know some important conditions. For better understanding, we have compiled a list of important conditions when using this payment method: 

  • Transaction limits. PhonePe imposes both daily and monthly limits on the amount of money you can send or receive (it is important to familiarize yourself with these limits to avoid any inconvenience or potential disruption to your transactions.) For example the most minimum deposit limits sites Khelraja);
  • Understanding the terms and conditions of the transaction. PhonePe may have specific terms and conditions regarding refunds, cancellations, and dispute resolution, as well as charging fees that users should be aware of;
  • Withdrawal times. Use betting sites that have minimum withdrawal time odds (Khelraja, Megapari).

By familiarizing yourself with these terms and conditions, you can start to make informed decisions and effectively use PhonePe to place your bets.

Use the knowledge gained from this article to choose bookmakers wisely and use the PhonePe system to the maximum.

Conclusion

To conclude the review, all the betting sites reviewed in this article are licensed bookmakers and offer secure transactions using PhonePe. These betting sites prioritize security and ensure that users can confidently participate in placing bets on any sporting event. The availability of the PhonePe payment method will allow customers to make convenient and secure transactions on these platforms.

PhonePe is one of the main companies in the Indian market and works only with casinos that have a licence.

FAQ

If you still have questions about using the payment system or just want to find out more information, explore our detailed answers to popular questions from Indian players.

How to Deposit on Betting Sites With PhonePe?

In order to deposit funds to a betting site using a PhonePe wallet, you must first create one. Users will need to download the PhonePe app to their devices and register. Customers will then be able to fund their betting account using the e-wallet.

Can I Use PhonePe for Both Deposits and Withdrawals on These Betting Sites?

Yes, you can. Most betting sites with PhonePe allow users to deposit and withdraw funds using this payment method. But sometimes it is not possible, so it is better to study the terms of use of your chosen betting site in advance.

What Factors Should I Consider When Choosing the Best PhonePe Betting Site?

The factors to consider when choosing a betting site mainly vary from your personal preferences. But the main factors include the reputation of the site, user reviews, available betting options, competitive odds, customer support, transaction limits, payment processing time, and bonus offers.

Is PhonePe a Secure Way to Pay for Bets in India?

Yes, of course. PhonePe is a secure payment method for betting sites as it uses advanced encryption and authentication protocols to ensure secure transactions.

What Is the Minimum Deposit on PhonePe Betting Sites?

Generally, the minimum deposit amount varies from bookmaker to bookmaker in the range Rs. 200 – Rs. 500. According to our analysis the most favorable site for betting with PhonePe minimum deposit turned out to be the site Khelraja.

Updated:

Post author

Anand Gupta - Sport Betting India Author

Anand Gupta

Sports betting expert, author and editor of Sport Betting India.