20Bet has managed to garner a substantial portion of the market and recognition despite being a recent addition to the online sports betting sector, due to its outstanding offerings and easy deposit and withdrawal processes.
To provide you with a good user experience, the platform has provided diversity in every area, including the deposit options. These include Bitcoin, PhonePe, Visa, Mastercard, UPI, and many more.
Depositing money on 20bet requires a few steps, which we will walk you through step-by-step, in this article.
How to Deposit with UPI on 20Bet?
Depositing 20bet is hassle-free because of its incredibly simple and user-friendly interface.
Here is the whole process to utilise UPI, which is a popular payment option, to deposit 20bet:
- To begin with, sign into your bookmaker account, and then choose “Wallet” from the top menu.
- This will direct you to a site that displays the deposit payment methods that 20bet offers. This is where you have to choose UPI.
- Enter the desired deposit amount along with your UPI ID. After that, a notification should appear on the connected UPI app requesting you to verify the payment amount. The next step is to enter your UPI PIN into the UPI app to validate the previously made payment.
- Your bank will tell you and the deposit money will begin to show in your 20bet account after the transaction has been verified.
Which Payment Methods Are Accepted by 20Bet?
Who doesn't enjoy having options? 20bet is aware that offering a variety of payment alternatives satisfies your preferences while also guaranteeing a high transaction success rate.
The payment choices take different amounts of time, although they often don't take longer than ten minutes. Read our page on legality of 20Bet.Β
For this reason, 20bet allows users to deposit money using the following payment methods on its platform:
- UPI Apps – UPI, Paytm, PhonePe, GPay
- Cards – Visa & Mastercard
- Net banking & Bank Transfer – Indian Banks (Axis Bank, ICICI Bank, HDFC Bank, etc.)
- Cryptocurrency – Bitcoin, Ethereum, etc.
What is the Minimum Deposit?
The minimum deposit amount for each payment method on 20bet varies. This is mostly because different payment services are provided by different providers.
The following is the list of all the available payment options on 20bet along with the minimum deposit that is required to use them:
Deposit method | Minimum Deposit Amount |
PayTM | INR 500 |
IMPS | INR 900 |
UPI | INR 500 |
Net Banking | INR 1,000 |
GPay | INR 500 |
Phone Pe | INR 500 |
Visa | INR 900 |
Astro Pay | INR 300 |
Skrill | INR 900 |
Bitcoin | INR 4,000 |
Ethereum | INR 4,000 |
Which Indian Banks Support 20Bet?
One of the tokens of immense trust in any platform, for Indian users, is the support that it receives from the Indian banks.
Because of this, 20bet has made upholding a strong reputation in the industry and following all applicable rules and regulationsβwhich are pertinent to the Indian betting industryβa top goal since its creation in 2020.
None of the banks can lawfully place limits on 20bet's activities because it possesses all the licenses and permits necessary to operate in India.Β
To give you seamless transactions, 20bet has collaborated with some of the most well-known and commonly used commercial and government institutions in India, including HDFC Bank, ICICI Bank, Axis Bank, Kotak Mahindra Bank, IndusInd Bank, State Bank of India, and IDFC First Bank.
How to Change Deposit Limits?
Without a doubt, one of the most thrilling activities available is online sports betting, and 20bet, with its wide range of alternatives, invites you to wager on as many sports as you can.
However, because of the surge of adrenaline and the possibility of losing your hard-earned money, 20bet is also conscious of your potential for addiction.
To ensure that you do not develop a betting addiction, 20bet has implemented deposit limits. They are as follows:
Deposit method | Maximum Deposit Amount |
PayTM | INR 1,00,000 |
IMPS | INR 1,20,000 |
UPI | INR 1,00,000 |
Net Banking | INR 1,20,000 |
GPay | INR 1,00,000 |
Phone Pe | INR 1,00,000 |
Visa | INR 1,20,000 |
Astro Pay | INR 50,000 |
Skrill | INR 90,000 |
Bitcoin | INR 12,00,000 |
Ethereum | INR 12,00,000 |
Can I Get a Refund from 20Bet?
Unfortunately, receiving a refund of your deposit is not allowed on 20bet. This is done to prevent fraudulent and money-laundering activities. This is the reason why you should be extremely careful and double-check before depositing on the platform.Β
However, if you suspect any impersonation or misuse of funds, you can request a refund of your deposit with a valid reason at [email protected]. Also, read our page on how to withdraw from 20Bet.
Can I Transfer Funds from One Account to Another?
You cannot use 20bet to transfer money across accounts; you can only use the funds that have been put into a single 20bet account.
20bet cannot be used for these types of financial transactions because it is required to adhere to the regulations of the gaming licenses and prevent money laundering attempts,