Best Paytm betting sites compared
This section will delve into which betting sites accept Paytm. The betting websites we recommend here at theGruelingTruth.com have yet to include Paytm as one of their payment methods. That being said, I’ll be reviewing the online sportsbooks that accept the best Paytm alternatives.
DraftKings (4.5 /5⭐️)
I like referring to DraftKings as one of the trailblazers in the betting industry, as it has been in operation for quite a long time. Throughout the years that this platform has been around, it has maintained its spot among the top-rated betting sites, especially when it comes to sports betting.
This site has a wide selection of sports games, with each game having a good number of matches. The sports betting markets in these matches are also impressive in terms of options. Its favorable odds have also made this site a go-to sportsbook for many players.
DraftKings’ sports betting bonuses and promotions are pretty decent. It has a 100% deposit bonus of up to $1000 for new bettors when they join the site.
DraftKings currently doesn’t offer Paytm as a payment method, but it has a number of reliable alternatives. The payment options available include Apple Pay, PayPal, Visa, Discover, and Mastercard credit/debit cards, Venmo, bank transfer, and Play+.
Bet365 ( 4.5 /5⭐️)
BET365: Pros & Cons
- Available in NJ, PA and other US states
- Trusted British betting brand on the global stage
- Combined sportsbook and online casino platform
- Excellent welcome bonus for New Jersey and PA customers
- Massive range of sports betting markets available
- Excellent range of banking methods including PayNearMe
- Not a homegrown US sportsbook
Visit Bet365
Bet365 also stands out by delivering a top-tier sports betting experience. Its sports game selection is quite extensive, with over 20 sports games, each with major leagues like the NFL and the NBA. It also has a great range of sports betting markets spread across its sports matches.
This operator has also made quite a name for itself in regard to bonus offers. There are two deposit registration bonuses available for new players. You get to receive $150 in bonus bets when you bet at least $5 and up to $1000 in bonus bets when your first bet of at least $10 loses.
Bet365 has yet to include Paytm among its payment options. But the good news is that it has several other great alternatives. These include Skrill, Skrill 1-tap, Neteller, paysafecard, Visa, MasterCard, Maestro cards, bank transfer, and AstroPay, to name a couple.
FanDuel ( 4.4 /5⭐️)
Next up is FanDuel, another pioneer betting platform that offers extensive coverage in all its betting sections, including sports betting. The sports game range is quite comprehensive, with a wide selection of matches. The betting options in the available events are also decent.
As I anticipated, FanDuel has quite an impressive welcome bonus that offers new players up to $150 in bonus bets when they wager at least $5.
The site has yet to include Paytm as a payment method, but the other payment methods are just as good. These options include bank transfer, Play+, American Express, Mastercard, Visa cards, PayPal, Venmo, PayNearMe, and Apple Pay.
BetMGM – ( 4.3 /5⭐️)
If you’re looking for an online sportsbook with an extensive sports game section, especially the live betting section, BetMGM might just be what you’re looking for.
This site has a wide range of sports games and tons of matches. I was especially impressed by its live betting section, which had an extensive array of matches, particularly in-play matches. The betting options and odds in both live and pre-play matches are also quite impressive when it comes to variety.
BetMGM also offers generous bonuses and promotions, particularly the welcome bonus. New players get up to $1500 back in bonus bets when your first wager loses.
The platform hasn’t yet included Paytm as a payment method, but it has excellent alternatives, such as PayPal, American Express, Visa, MasterCard, Discover credit/debit cards, Apple Pay, PayNearMe, and bank transfer.
Betrivers ( 4.2 /5⭐️)
Wrapping this section of our guide is a look at another comprehensive yet efficient sportsbook: Betrivers.
I like that this operator still strived to offer variety but ensured its sports betting services were as efficient as possible. Starting with its sports games, I was impressed by the range of games on the platform. The number of matches available was also impressive. Its sports betting market range and odds were also outstanding.
Betrivers also has a good number of bonus and promotion offers. This includes the $250 bonus new players receive when their first sports bet loses. However, it’s crucial to note that the availability (and sometimes the amount) will vary from one Betrivers legal state to another.
As expected, Paytm isn’t currently available on the Betrivers site. However, it has other payment options that are incredible alternatives. These include PayPal, Play+, PayNearMe, Venmo, Vanilla, American Express, Visa, and MasterCard debit/credit cards, and bank transfer, to mention a few.
| Paytm betting site | Min. Deposit | Withdrawal waiting times | Fees | Welcome bonus |
| DraftKings | $5 | - PayPal – instantly – up to 2 days
- Venmo – instantly – up to 2 days
- Apple Pay – instantly
| - PayPal- no fees
- Venmo- no fees
- Apple Pay- no fees
| Get a 20% deposit bonus of up to $1000 |
| Bet365 | $10 | - Skrill- instantly
- Skrill 1-tap- instantly
- Neteller- instantly
| - Skrill- no fees
- Skrill 1-tap- no fees
- Neteller- no fees
| Get a $150 in bonus bets when you bet at least $5, and up to a $1000 in bonus bets when your first bet of at least $10 loses |
| FanDuel | $5 | - PayPal- Up to 24 hours
- Apple Pay- Up to 24 hours
- Venmo- Up to 24 hours
| - PayPal- no fees
- Apple Pay- no fees
- Venmo- no fees
| Claim a deposit bonus of up to $150 |
| BetMGM | $10 | - PayPal- Up to 24 hours
- Apple Pay- Up to 24 hours
| - PayPal- no fees
- Apple Pay- no fees
| Receive up to $1500 back if your first bet loses |
| Betrivers | $10 | - PayPal- instantly
- Venmo- instantly
| - PayPal- no fees
- Venmo- no fees
| Get a bonus of up to $250 if your first sports bet loses |
How to deposit with Paytm
Paytm is a digital wallet. This means that other payment methods, like credit/debit cards and bank transfer are involved. Here’s a step-by-step guide on how to deposit funds into your sports betting platform:
- First, you need to ensure you have funds in the payment method you plan on using to credit your Paytm wallet
- Head on to the Paytm app or website. If you’re using the website, log into your account and click the “Paytm wallet” icon at the top right corner of the homepage. If you’re using the app, click on the “Add Money” icon on the home screen
- Select which payment method you want to credit your Paytm wallet and the amount you want to add
- Next, you will be taken to the secure payments page, where you’ll be required to provide the details of the payment method you’ll use to credit your Paytm wallet
- Once you’ve entered the payment information and confirmed, you’ll be redirected back to your Paytm wallet, which now has funds
- Now, log into your sportsbook site and click on the deposit section
- Select Paytm as your preferred payment method
- Next, follow the steps that will direct you to your Paytm wallet to complete the transaction
How to withdraw with Paytm
Let’s take a look at how to withdraw your winnings from betting sites that accept Paytm as a payment method:
- Again, log into your sportsbook account and click on the withdrawal section
- Select Paytm as your withdrawal payment option
- Input your Paytm wallet details, and that’s it. You can wait for your winnings to be deposited into your Paytm wallet
Bet now
Whatever the sport. Whatever the moment. It’s Never Ordinary at bet365. That’s why if you sign up now you’ll get the choice of two great New Customer Offers, the First Bet Safety Net up to $1000 or Bet $5 and Get $200 in Bonus Bets. Deposit required. Bonus Bets wager excluded from returns. T&Cs, time limits and exclusions apply.Gambling Problem? Call 1-800-Gambler 21+
BetMGM Review
Up To $1500 in Bonus Bets Paid Back if your First Bet Does Not Win
Bet now
Paytm fees
In the next section of our Paytm betting sites guide, I’ll talk about withdrawal and deposit processing fees for this payment method.
Now, transferring money (which is essentially depositing and withdrawing) to and from your Paytm wallet to your sportsbook account is free. However, you will incur charges when you credit your Paytm wallet. These fees vary from one payment method to another. For example, funding your Paytm wallet with a VISA debit/credit card will cost you 2% of the amount.
Paytm bonuses
Up next in this Paytm betting sites guide is a look at the bonuses that can be claimed using this payment method. Since the sites I’ve reviewed have yet to include Paytm as payment method, none offer a betting bonus that can be claimed using this payment option. With that being said, here’s a summary of the sign-up bonuses offered by top sports betting sites with Paytm alternatives.
| Betting site | Welcome bonus |
| DraftKings | A 20% deposit bonus of up to $1000 |
| Bet365 | Wager $5 and receive $150 in bonus bets, and wager at least $10 and receive up to $1000 in bonus bets |
| BetMGM | Up to $1500 in bonus bets |
| FanDuel | Up to a $150 welcome bonus |
| Betrivers | A deposit bonus of up to $250 when your first sports bet loses |
Best Paytm betting apps
The next section of our Paytm betting sites guide will focus on sports betting apps with Paytm payment alternatives.
Bet365 app’s simple interface and minimalistic layout have made it one of the best sports betting apps today. It also has all the features available on the Bet365 website, including the payment methods section, allowing players to have the ultimate sports betting experience, just like they would on the website. The app also boasts a lag-free user experience, another significant advantage. You can download it on the Google Play Store and iOS Apple Store.
BetMGM is another simple but highly efficient website. It features a simple layout for smooth navigation and has all the sections on the BetMGM website, such as the payment options on the app. This app is also glitch-free and loads with ease, making sports betting a breeze. It’s available for download on the iOS Apple Store and Google Play Store.
Betrivers also has a top-notch performing app that operates perfectly without any glitches. Players can easily access all of this sports betting platform’s sections, including the payment section. You can download this app on the Google Play Store and iOS Apple Store.
How does Paytm work?
As I mentioned earlier in this Paytm betting sites guide, Paytm is a digital wallet. It allows users to fund their Paytm digital wallet using other payment methods, such as bank transfer, debit, and credit cards.
Then, individuals can use the funds on their E-Wallet to make purchases or, in this case, deposit in sports betting sites. People can also receive and withdraw funds from their digital wallets. Paytm operates very similarly to PayPal.
The only difference between the two digital wallets is that Paytm can only be accessed by bettors in India. Paytm only functions with Indian bank accounts and other payment methods accessed from there.
So, can it work in the US? Well, no, it cannot. You can receive funds in your Paytm wallet from abroad while in India. However, you cannot make a deposit or withdrawal outside of India.
How to create an account with Paytm
To open a Paytm account:
- Head on to the Paytm website or download its app. It’s easier to use the app, but you can still use the website
- Select your preferred language and click on the “create a new account” tab
- Enter the required personal details. This includes your phone number, preferred password, and email address
- Once you’ve entered your details, click on the “create a new account” tab
- You’ll then receive an OTP number on the phone number you entered during the account registration process. Input that number in the relevant section. Then click on the “confirm” tab
- Next, you’ll be required to upload a document of your choice from the required list to verify your identity. You can choose either to upload your PAN Card, Passport, Voters ID, Driving license, or an NREGA job card
- Once you’ve uploaded the document, click on the section to confirm that it’s accurate. Then, click to submit. Now you have a Paytm digital wallet
Paytm history
Paytm was launched in 2010 by Shekhar Sharma. Since then, it has made huge strides in the Indian finance industry to become one of the top payment options among Indians.
Pros and cons of betting with Paytm
Pros & Cons
- It is easy to use
- It is fast
- It is secure
- Limited to bettors in India only
How safe is Paytm for online betting?
Like PayPal, this payment method doesn’t involve one’s banking details and other confidential information during transactions, making it safe. It also has a “Know Your Customer” process during the Paytm wallet creation process, which is another step that makes it safe.
However, it’s still advisable to ensure your information is safe when using this payment method. Here are some useful safety tips:
- Verify that a sports betting platform is licensed before joining. This is a good indication that your confidential details will be safe on the site
- Verify that a sportsbook has online safety protocols to keep your confidential information safe. A good example is the 2-factor authentication security feature
- Confirm your details before depositing or withdrawing money using your Paytm digital wallet
- Refrain from sharing your Paytm account details with just anyone on the sports betting site
- Don’t shy away from asking for assistance if you experience issues with the Paytm payment method
How we rate Paytm betting sites
Our top priority as reviewers is to provide our readers with the most detailed expert reviews on sports betting sites as possible. That is why we follow this criteria when reviewing online sportsbooks:
- Bonuses:
We usually start our reviews by discussing the site’s bonuses, especially the welcome bonus
- Design and usability:
We also review the site’s usability, look, and feel, particularly its navigation
- Mobile compatibility:
The site’s mobile app (if it has one) is another critical feature we review. If the sportsbook has an app, we discuss its performance compared to the sports betting website
- Payment methods:
We also touch on the payment methods on the online sports betting platform. We discuss the number of payment methods available, their deposit and withdrawal processing timeframe, limits, and charges
- Support:
We also look at the site’s customer service, focusing on the options available and their response timeframe
- Security:
We don’t forget about the sportsbook’s licensing. We explain the platform’s license and its security features
- Existing customer rewards:
We also talk about the online sports betting site’s rewards and loyalty program (if it has one) and its additional bonuses and promotions
- Betting options:
Lastly, we delve deeper into the sportsbook’s selection of betting options and markets.
Best Paytm alternatives
Since Paytm isn’t available in most sports betting sites we have recommended, it’s only right that I discuss some of the best Paytm alternatives.
PayPal is also an E-Wallet, like Paytm. It’s a secure, fast, and affordable payment method. Its availability in most US sportsbooks makes it an ideal alternative. We’ve reviewed some of the top PayPal betting sites on this platform.
This is another suitable E-Wallet that works just as well as Paytm. It is also an accepted payment method in most US sportsbooks, which is an advantage. You can read our review of the best Venmo betting sites.
Apple Pay is also a competent digital wallet that works perfectly, and it is accessible on a majority of online sports betting sites in the US. You can read our review of the top Apple Pay betting sites.
Conclusion: Bet at the top sports betting sites with the best Paytm payment alternatives today
That’s all for this Paytm betting sites guide. I hope it has given you more insight into how this payment method works. While it hasn’t yet been included in the sportsbooks we recommend, Paytm is still a reliable payment method.
Before I wrap up this guide, I’d like to once again emphasize joining betting sites that are licensed. A sportsbook that has a license from a reputable licensing board means that its features, including the payment options, have met a high standard.
Our recommended sports betting bonuses for 2024
1.
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Players from Virginia accepted
Requirements (WR): 1x Bonus, Min. Deposit: $10
Whatever the sport. Whatever the moment. It’s Never Ordinary at bet365. That’s why if you sign up now you’ll get the choice of two great New Customer Offers, the First Bet Safety Net up to $1000 or Bet $5 and Get $200 in Bonus Bets. Deposit required. Bonus Bets wager excluded from returns. T&Cs, time limits and exclusions apply.Gambling Problem? Call 1-800-Gambler 21+
2.
Up To $1500 in Bonus Bets Paid Back if your First Bet Does Not Win
Players from Virginia accepted
Min. Deposit: $10
3.
Bet $5 Get $300 in Bonus Bets if you win
+ 3 Free Months of NBA League Pass
Players from Virginia accepted
Requirements (WR): 1x Deposit, Min. Deposit: $10
4.
First bet back as a bonus bet up to $1000
Players from Virginia accepted
Requirements (WR): 1x Deposit
5.
Second chance bet: Get up to $500 in Bonus Bets
Players from Virginia accepted
Requirements (WR): 1x Bonus, Min. Deposit: $10
Paytm betting sites- FAQs
💳 How do I pay with Paytm?
To deposit funds into your sports betting account, just click on the deposit section on the sportsbook site. Next, select Paytm as your preferred payment method. Then, follow the steps to transfer money from your Paytm wallet to your sports betting account.
🔒 Is Paytm safe for payment?
Yes, this is a secure payment method. Aside from not asking for your confidential information during transactions, Paytm also encrypts individuals’ information that may appear during the transaction process, like the phone number.
🌐 Does Paytm work outside India?
As I explained earlier, Paytm only operates in India. However, there’s an international payments feature that allows individuals to receive money from abroad.
