There is little more frustrating than winning a cricket bet and having to wait a long time for the withdrawal transaction to be processed. Instant withdrawal cricket betting sites are now so popular in India, as sites meet the demand of paying out to their players as fast as possible.
Our OCBscores guide to the best cricket betting sites in India with instant withdrawal will tell you everything that you need to know about fast payouts, so read on for more information.
You might be wondering exactly how instant withdrawal cricket betting sites can be defined as such. Generally speaking, instant withdrawals are those that are received in minutes, not hours.
Most people will not mind waiting up to an hour to receive their winnings when they process a withdrawal. However, some payment methods can take a few days for the money to come through. Sites might promise fast payouts but actually you might be waiting up to 24 hours.
When using instant withdrawal cricket betting sites, these options promise the fastest payouts:
Chances are you already use UPI - Unified Payment Interface - for online transactions. This means that UPI is an easy choice to make on an instant withdrawal cricket betting app.
UPI withdrawals are usually very speedy: you might see the money move within minutes.
An e-wallet is another rapid way to get your hands on winnings from online sports bets.
It is normally the case that withdrawals made using e-wallets will be received within a few hours, with some customers reporting having got the money back into their account right away.
Examples of common e-wallets supported by instant withdrawal cricket betting sites include Skrill and Neteller, as well as PayPal.
Google Pay and Apple Pay are also types of e-wallets and they can be a handy option for those who are using betting apps that have these instant withdrawal methods available.
Sometimes referred to as INB, NetBanking is a very common way to withdraw winnings.
How long it takes for a transaction to be processed can vary, but sometimes you will get the money within minutes when you choose NetBanking at the betting site's cashier.
An increasing number of sports fans in India are opting for cryptocurrency transactions. Bitcoin is the most famous cryptocurrency out there but Litecoin, Ethereum, and Ripple are popular too.
One of the key benefits of choosing crypto at the betting site's cashier is the fact that you will not have to give the gambling company any of your financial information - you can be anonymous.
Crypto payments are also super speedy, so you can receive the money in minutes sometimes.
While the above options are normally the top ones to go for when you are using an instant withdrawal cricket betting sites, here are some of the other choices that are available:
Opting for a bank transfer is a safe and secure way to withdraw money from betting accounts.
However, the downside of bank transfers is that they can be slow - you might be waiting a few days to get the money - and there can be a high minimum withdrawal limit for them as well.
Visa and Mastercard are normally both accepted by cricket betting sites operating in India.
As with a bank transfer transaction, debit card withdrawals are not the fastest out there. But they are deemed one of the most secure methods and they are convenient to go for.
One of the most popular ways to move money online in India, Paytm is accepted by almost every instant withdrawal cricket betting site these days.
Transactions are normally processed within a day when you have opted to use Paytm.
As with anything, there can be advantages and disadvantages of opting for instant withdrawal cricket betting sites, although it is fair to say there are many more benefits than downsides.
Some of the payment methods that can be used to achieve the fastest payouts might come with some security risks. However, you can allay these fears by only using sites with SSL encryption.
Sometimes, a cricket bettings site might charge a fee for a speedier withdrawal, or the fastest payment methods might come with charges attached.
You might prefer to wait a little longer to withdraw your winnings but receive 100% of the money.
Convenience is also something to consider when deciding whether or not to go for instant withdrawals.
Payment methods you have used regularly might prove to be a better bet instead of one that you are new to, therefore needing to take time to sign up for a new account.
Withdrawal limits are another factor to be aware of when picking a payment method at the cashier. It might be the case that options pledging rapid withdrawals have a lower limit.
A sport obsessive, Jamie has been writing professionally for 15 years and now specialises in online betting content. Cricket is his favourite sport to watch - and have a bet on! - with the legendary England bowler James Anderson actually hailing from his home town.
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