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Banking Options for Indian Bettors

Betting from India has became easy just becouse of the Online Payment Systems. We got the 2 ewallets (Electronics Wallets) which fullfils our main concern about online betting. Most of us worry about betting online just becouse of Govt. rules and regulations in relation to gambling in India and stick with our local bookie and they exploit us as we people don't have much options in betting and in some cases we loose our money too but we can't do anything in that. But the time has gone when we have to only depend on those local bookies and now we got the power of online betting sitting at the privacy at our home on our computer and even on our Mobile phones. I am going to explain you the 2 e-wallets which are available and best for Indian Bettors. And those 2 Online banking Sites are Neteller.com and Skrill.com which was previously famous with the name of Moneybookers.com.

Neteller
Neteller For India
Recommended Indian Banks: ICICI Bank and ABN Amro
Deposit Options: Maestro Debit Card, MasterCard Credit Card, MasterCard Debit Card, VISA Credit, Debit or Electron Card, Local Bank Deposit
Currencies: Indian Rupees (INR), USD, Euro, Pound
Neteller is one of India's favorite e-wallets and deposit options to any betting websites. Neteller is an industry leader in the e-wallet service, charges reasonable fees and is accepted by most major online gambling sites and secure online payments in 17 currencies and 180 countries. We recommend both Neteller and Skrill to all our players.
Why Use Neteller from India?

The advantages of using an electronic wallet such as NETELLER for online betting from India for many reasons:

1. Firstly nearly all online bookmakers accepts NETELLER payment facilities to Indian residents.

2. If you are using Neteller then you need not to enter your credit card or bank details at all the betting sites and you can even do multiple betting using Neteller.
3. By using Neteller as all of your betting transactions you can keep your betting and non betting transactions seperate, as all your neteller transactions will not appear in your Indian Bank Account.

Transferring money from your Indian bank account to an electronic wallet such as NETELLER is straightforward and takes little time. I highly recommend to use your ICICI bank or ABN Amro bank to fund your Neteller account as they have some kind of tie up so it will be easy for deposit as well withdrawals.

I have illustrated in a seperate page about how to open Neteller Account and how to fund your neteller account using your Indian Bank, that you can read on this page: How to Open Neteller Account in India.

Moneybookers for India Betting Site
Moneybookers or Skrill for India
Recommended Indian Banks: ICICI Bank, HDFC and others
Deposit Options: Maestro Debit Card, MasterCard Credit Card, MasterCard Debit Card, VISA Credit, Debit or Electron Card, Local Bank Deposit
Currencies: Indian Rupees (INR), USD, Euro, Pound
Moneybooker is a boon to all Indians who are interested in Betting online on offshore sportsbook as it fully serves the purpose them. They are now commonly known as Skrill. Moneybookers is an e-wallet that acts as an intermediary between user's personal bank accounts and online gambling sites. If your money is in Moneybookers then you need not to worry at all about it as Moneybookers is 100% safe to use and they are serving world wide since 2001. Moneybookers is a preferred payment method for most of the online betting websites. Registring at Skrill is free and once your account is fully active and verified then your betting online will be free of hassle. It is one of the most convenient payment methods there is for online betting/gambling or sending payment to any other moneybookers member. It features instant transfers and small commissions.
Why Use Moneybookers from India?

The advantages of using an electronic wallet such as Skrill/Moneybookers for online betting from India for many reasons:

1. Accepted by most of the online betting/gambling websites.

2. The pay out and pay-ins are done instantly with minimum commission fees.

3. Complete protection of your personal and financial data, you need not to provide your personal/banking/credit card details in each of the betting websites.

4. Highly competitive exchange rates, After neteller, Moneybookers is highly recommended.

5. While your money is in Moneybookers think it as its in your bank account which means its 100% safe and secure.


I have illustrated in a seperate page about how to open moneybookers Account and how to fund your moneybookers account using your Indian Bank, that you can read on this page: How to Open Moneybookers Account in India.