With over a billion people it’s no surprise the gambling industry in India is growing so far, but with various laws and restrictions in the way it can be pretty difficult for Indian gamblers to make deposits to gambling websites. Bitcoin is a great way to get around these restrictions. Find out how you can use bitcoin to deposit to popular sites such as bet365 or better still checkout some dedicated bitcoin casinos and sportsbooks that will happily accept your money directly.
Bitcoin Casinos and Sportsbooks India
50% up to $500
100% up to $1,000
50% up to $1,000
The best option for those looking to buy bitcoin is coinbase. You can signup instantly and buy bitcoin using credit/debit cards or bank transfer. Due to the nature of bitcoin you may be asked to verify your account. To do this you may have to upload a copy of your passport or ID. Once done you can easily buy various crypto currencies. My best advice when doing this is to NEVER store money on coinbase, store your money on a secure wallet on a secure machine or USB key. Exchanges are constantly being hacked or closing down and you will have no recourse if someone runs of with your bitcoin.
Once you have your bitcoin it’s time to decide where to play, below we have a list of sites reedy to accept bitcoin players with some huge welcome bonuses. Most of them accept Indian players but this is constantly changing so check the website for the latest terms and conditions.
Deposit to Bet365 from India
This doesn’t just apply to bet3365 but pretty much any casino or sportsbook.. It’s entirely possible to get your bitcoin to bet365 but it can be time consuming and there may be fees, also withdrawing money will not be able to go back to your bitcoin wallet, as a result we suggest using the options above. If you still wish to deposit to bet365 then you first need to setup a neteller account. Neteller is wallet system similar to paypal but for gambling transactions. Signing up only takes a few seconds but as with coinbase you may have to verify your ID. To fund your netller account you can use bitcoin! This is done by generating a unique address via the neteller website and sending it from your wallet. Once you have money in your neteller wallet you send deposit to bet365. This is done by logging in to your bet365 account and visiting the cashier. Bear in mind using a neteller account to deposit to bet365 or any other site may make you ineligible for welcome bonuses (always read the T&CS). Furthermore any winnings you get from bet365 will be withdrawn back to your neteller wallet. You will not be able to withdraw from neteller to bitcoin (only deposit). As such you need to either withdraw funds from neteller to your bank account or apply for a neteller debit card, either of these options has fees as mentioned it’s best to use a dedicated bitcoin casino like the ones above.