How to Start Betting with PhonePE in India
To start betting with PhonePE, you are going to need to download an app for this reputable mobile banking method.
The app is available in Android and iOS, so you can get it in your operating system of choice.
Verify Your Phone Number
Before you go any further, verify your phone number. It needs to be the number linked to your bank account.
Enter the OTP sent to you and click ‘verify’ to go ahead with the registration.
Fill in Your Details
With your number verified, PhonePE will require you to fill in some basic personal information such as your full name and email address.
You will also be required to create your own password. Do this, read and accept the terms and conditions and click ‘activate account’.
Create Virtual Payment Address
Now you will need to create a Virtual Payment Address (VPA). It’s essentially the username for your account.
This will allow you to send and receive rupees without having to type in your account number each and every time.
Link PhonePE to Your Bank Account
This is a very important step. Without it, PhonePE and your bank account won’t connect.
On the PhonePE app, select the bank to which you want to link. PhonePE will automatically fetch your bank details.
Keep in mind that you will need to authorise each transition with a UPI PIN.
Get a UPI wallet set up regardless because you may need it for other banking methods linked to this payment interface, too.
Is PhonePE Safe in India?
PhonePE is one of the legal banking methods that is regulated by the Reserve Bank of India.
There are stringent rules to follow and PhonePE tick all the boxes for this. Rest assured your rupees are in safe hands.
Their security technology is among the best and consistent updates show they are serious about the safety of your funds and data.
They have fraud prevention initiatives including real-time IP and location signals. These look out for fraudulent transaction details.
PhonePE is used by many Indian bookmakers. It is a trusted banking method for payments and withdrawals.
10CRIC – Superb PhonePE Betting Site
10CRIC is a uniquely Indian betting site, so it’s appropriate they have genuine banking methods for rupees such as PhonePE.
Be sure to check out their wide range of events and competitive cricket betting odds.
You’ll also notice their decent bonus for new customers. Take advantage of this. We’ll look more into PhonePE betting sites offers down the page.
You can use PhonePE specifically to claim this betting offer. It is not excluded.
New Customers Only | 18+ | T&Cs apply
- 12x wagering requirement on bonus and first deposit.
- Bets at odds of 1.60 or more will count.
- Use bonus code IPL15TH
- Minimum deposit of ₹1000.
- 200% bonus up to ₹15,000.
- After completing requirements, get 15 free spins on Wild Wickets game.
- Bonus expires after 15 days.
How to Deposit Into PhonePE
Before you can deposit rupees into a betting account, you will need to fund your PhonePE balance.
There are several ways to do this, but our experts have selected four of the most popular and best.
- Direct debit with UPI – a direct transfer of money from your bank account to the betting site by using the UPI option.
- Debit and credit cards – just fill in your card details and complete the transaction.
- PhonePE wallet – Store money in this e-wallet for future use and quick access. Fund the e-wallet beforehand by using UPI or debit/credit card.
- External wallets – PhonePE are in partnership with external wallets. JioMoney, Freecharge and others have apps in PhonePE. If you have an account with any of them, make a payment via the PhonePE app.
How to Deposit Rupees at a PhonePE Betting Site
If you have funded your PhonePE balance and created a betting account, you can now put money into the betting site.
It’s a fast and easy process. Here’s a straightforward guide to help you along the way.
- Find the place on the PhonePE betting site where you can deposit money. This section is usually called ‘deposit’ or ‘fund account’.
- There should be several options, but choose PhonePE as the banking method you want to use for the deposit.
- You now need to enter the amount you want to deposit into the PhonePE betting site account. Look at your budget and decide.
- Follow the rest of the simple on-screen prompts and confirm the transaction. The steps might vary slightly for each PhonePE betting site.
- With all the steps completed, your account now has money it. The funds will reflect within a few hours, if not sooner, and you can start placing bets.
Have a look at this screenshot. It’s a helpful depiction of the deposit process with 4raBet, which is an excellent PhonePE betting site.
Why Deposit with PhonePE India?
There are many great reasons for using PhonePE as a deposit method in India. Our experts will tell you why.
This is a convenient option for Indian customers using rupees. You shouldn’t run into hassles.
Hidden charges can catch you off guard, but not with PhonePE. They don’t claim commission on deposits.
The Reserve Bank of India ensure PhonePE play by the rules. They make sure your deposits are looked after.
Lowest Minimum Deposit PhonePE Betting Site
bet365 are often a favourite option for low minimum deposits on PhonePE betting sites.
Deposit as little as ₹500 with PhonePE on bet365. It’s a quick and easy process.
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- 12x rollover requirement on initial deposit.
- Bets at odds of 1.20 or more will contribute.
- Minimum deposit of ₹400.
- Bets must settle within 30 days.
- Bet Credit stakes not included in any returns.
Get a Bonus with PhonePE Betting Sites
PhonePE betting sites that offer bonuses are much better than those that don’t. Take advantage of these betting offers.
Sometimes, certain banking methods are excluded from welcome promotions. Not PhonePE, though, they’re almost always included.
Using a bonus offer is a clever way to enhance your betting experience. It rewards you for signing up for a PhonePE betting site.
LeoVegas – High Value PhonePE Betting Site
LeoVegas are an award-winning Indian bookmaker. They have a big focus on mobile betting.
This solid PhonePE betting site has two ₹750 free bets available. The terms and conditions are not unreasonable.
Use PhonePE to claim these free bets. It’s fast, effective and appropriate for this award-winning bookie.
Have a look at LeoVegas Sports’ big range of cricket odds and VIP programme as well.
New Customers Only | 18+ | T&Cs apply
- Initial bet at odds of 1.80 or more (excluding horse racing) to qualify.
- Bets must be placed on a mobile device.
- Minimum stake of ₹1500.
- Free bet stakes not included in any returns.
- Free bets are valid for 7 days.
Can You Withdraw Using PhonePE at Indian Betting Sites?
PhonePE is a both a deposit and withdrawal method on many of the best cricket betting sites in India.
Make sure you have completed the verification process mentioned earlier in full before trying to withdraw. Otherwise, there might be restrictions.
PhonePE Withdrawal Process
Our experts have you covered again. Here is another quick and easy guide for how to withdraw on PhonePE betting sites.
- Head to the withdrawal section of the PhonePE betting site. This might be called ‘order’ or something similar, but the process is the same.
- Choose PhonePE as the withdrawal method and enter the amount you want to take out.
- Follow the rest of the simple on-screen prompts to finalise the transaction online.
- From here, you can expect the funds to reflect on your PhonePE balance in a couple of hours, if not anytime sooner.
What to Look for in a PhonePE Betting Site in India
Here are some additional features you should be looking at when considering the best PhonePE betting sites.
Safety and Security
Besides the security offered by PhonePE itself, what is the site doing to protect your online cricket betting experience?
Is there password protection and are they licensed with the necessary authorities? They should also work with SSL encryption or similar.
Competitive Odds for Cricket
Don’t just accept the odds on offer at face value. See how they compare to other sites.
Are they competitive and is the margin acceptable? Understand how much house edge has been built in.
Selection of Events
Top PhonePE betting sites should have plenty of series and tournaments to bet on, globally and internationally.
When it’s time for the IPL, T20 World Cup and Cricket World Cup, you really want to see them stepping up their offering as well.
Is there an App?
It’s really helpful when the PhonePE betting site has an app as well. You can keep this on your smartphone.
If there isn’t an Android or iOS app, then you need to trust that the mobile betting experience is as good as on desktop.
LeoVegas is the best cricket betting app in India for many players using PhonePE.
We’d find it difficult to recommend a PhonePE betting site which doesn’t have a good in-play experience.
Customers need to be able to place bets on the action as it’s happening with the best live cricket betting sites in India.
Live streaming for cricket and other sports is a hallmark of the very best PhonePE betting sites in India.
Parimatch is a great example of this. You can place bets while watching the Test, ODI or T20I with them.
New Customers Only | 18+ | T&Cs apply
- 16x wagering requirement on bonus funds.
- Bets at odds of 1.9 or more will count.
- Minimum deposit of ₹200.
- Wagering period is 7 days.
Don’t waste your time with a PhonePE betting site that doesn’t offer a bonus of some sort.
There are plenty that do. Find one and make it work for you. Welcome bonuses can help your rupees go further.
A good sign of a reliable PhonePE betting site is that they have someone at hand to help you if required.
It’s nice to have help in that moment, too, via live support. Failing that, you need to trust they will respond to email queries quickly, too.
Sponsorships and Endorsements
When a banking method is advertised at stadiums and on television during matches, you can bet they mean business.
PhonePE, for example, had a big deal with the Indian Premier League during the 2021 tournament.
The best IPL betting sites use top banking methods which include PhonePE.
Pros and Cons of PhonePE Betting Sites
Our experts value honesty and transparency, which we are sure you do as well.
That’s why we like to list the obvious pros and cons of a PhonePE betting site. It should help with your final decision.
- Access account with single PIN
- Available in 11 Indian languages
- Linked to UPI
- No additional fees
- Built for Indian rupees
- Low minimum deposit
- Sometimes payment validation is late
- Possible hiccups with account set-up
- Low maximum deposit
- Fewer security features than some other sites
PhonePE is a great option for depositing Indian rupees into a betting account. This is a simple banking method linked to UPI.
It is safe, secure and answers to the Reserve Bank of India. Your money is always in safe hands.
Register for a PhonePE betting site and get immediate access to a great set of features.
Generous welcome bonuses and other betting offers are just some of the excellent value adds on PhonePE betting sites.
PhonePE Betting Sites – Frequently Asked Questions
Q. Which are the best PhonePE betting sites in India?
A. Our experts suggest 10CRIC and LeoVegas among the best PhonePE betting sites.
Q. Can I get a welcome bonus with a PhonePE deposit?
A. You can get a bonus with a PhonePE deposit. 10CRIC have a great welcome offer. LeoVegas have free bets.
Q. Is there a minimum deposit for PhonePE betting sites in India?
A. PhonePE betting sites usually have low minimum deposit requirements. These are around 500 INR.
Q. What is the maximum deposit for betting sites with PhonePE?
A. For the PhonePE betting sites we have reviewed, 20,000 INR is the maximum deposit. That’s a lot lower than other payment methods.
Q. Is PhonePE legal in India?
A. PhonePE is legal and safe. This banking method is regulated by the Reserve Bank of India.
Q. Can you make withdrawals on PhonePE betting sites?
A. You can make withdrawals on PhonePE betting sites. Depending on the site, these are instant or take up to 24 hours.
Q. How long do PhonePE deposits take on betting sites?
A. Deposits into PhonePE betting sites normally take between one and four hours to reflect in your account.
Q. What is PhonePe?
PhonePe is a digital wallet for Indian customers. It is based on the Unified Payments Service (UPI).