The payouts and jackpots to be won, along with the indescribable thrills of knowing you could win them, make playing Roulette, Baccarat, and other games online in India worthwhile. If you want to be part of the action, you are going to need an accepted live casino banking method you can trust.
Before selecting a method to use, you need to ensure it meets several requirements: the one you choose must be secure, easily accessible, and easy to use. Anything less, and you run the risk of frustration and upset when you ought to be enjoying some of the best fun-filled thrills this life has to offer. This is where you can find out what you need to know about banking at online casinos.
Official attitudes toward betting in India traditionally have not been supportive. This may be the reason many players are confused about the legality of live casino banking.
The 1976 Goa, Daman, and Diu Public Gambling Act made it possible for 5-star hotels to offer slot machines. When it was revised in the 1990s, the changes allowed offshore operators with valid licenses from the government to offer online gambling services to residents of legal age. The state of Sikkim legalised licensed casinos in 5-star hotels in the early 2000s. Indian law currently does not prohibit players from making live casino banking deposits or playing at offshore sites. It does, however, subject any winnings you make to tax.
The online casinos we recommend accept a range of different payment methods that can be classed into different types. Those methods include credit cards, web wallets, instant banking, and cryptocurrency. Each and every one of these methods may require you to supply personal or bank related details, but they will be kept safe by trusted online security protocols and technology such as SSL.
Major branded credit cards issued by Indian banks are accepted by most gaming sites. Although most sites charge a small processing fee, there are no additional charges for making deposits. Your bank, however, will charge the regular interest on balances brought forward. The most accessible brands include Visa and MasterCard, which, of course, are protected by state-of-the-art data encryption.
Web wallets are free accounts you can create at service providers’ websites. Once connected to your online banking profile, you can transfer money into your web wallet, and then use it as a live casino banking method, which eliminates the need for you to submit your bank details to the gaming site. Processing fees are charged for deposits and withdrawals.
PayPal arguably is one of the most famous web wallets, but it is by no means the only one available to players in India. Other recommended popular brands include Neteller and Skrill, both of which are encrypted. Some web wallets even offer bonuses, personal account managers, and other perks to players who make large deposits regularly.
Some casinos use secure payment gateways that let you make instant banking deposits. Such gateways allow you to log into your online bank profile and make a deposit that is processed immediately, just as it would be if you had used a debit card. Direct Benefit Transfer (DBT) is also a preferred option of many players as it is so secure.
Certain cryptocurrencies, or virtual currencies that exist only online, also are accepted payment methods at some sites. The cryptocurrency most wide-accepted for live casino banking is Bitcoin.
To make the choice of payment method when you want to play Blackjack, Poker, Roulette, and other live dealer casino games easier, we review those available in India. Use our reviews to find out about the brands and their products, which are relevant to you, how to use them, whether there are hidden costs, and how they can benefit you. You may even find that some casinos offer bonuses just for selecting a specific payment provider!