INR – Indian Rupee Casinos 2020
Moving into the right direction yet obscure and unsettled, the Indian gambling sphere perplexed gamblers willing to play in an Indian rupee casino legally. Indeed, India has the most complicated gaming regulations, and not only because of the division into the national and local levels. Nonetheless, finding a credible INR casino is possible even without doing your own research. How? The answer is below.
We have studied the unfathomable intricacies of Indian legislation and united the best casinos to play with INR in one list. Also, we prepared detailed guidelines on a depositing and withdrawal process so that you can just follow the recommendation to make deposits to your favorite betting site that accepts INR.
By selecting one of the credible casinos that comply with the Indian legislation and accept rupees, you are guaranteed to enjoy hours of breathtaking gameplay!
Best Online Casinos with INR – Indian Rupee
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How to Gamble with Indian Rupees? (paragraph intro is a must)
The whole Indian gambling sphere, not to mention online gambling with Indian rupee, is complicated and blurred. It’s almost impossible to comprehend all the legislation nuances that oversee the sphere on the national and state levels. Moreover, it seems that the government itself doesn’t have any established workflow to deal with land-based gambling operators, let alone their online peers. So is it possible to gamble with INR in a legal way? Let’s dig it out.
There are at least three major documents regulating the Indian gambling industry:
- The Public Gambling Act of 1867.
- The Prize Competition Act of 1955.
- The Informational Technology Act of 2000.
As you can see, the main document – the Public Gambling Act – had been written long before the Indian Rupee casinos appeared, and naturally has no regulations regarding the matter. That said, sometimes the Act is applied to online operators just the same way it regulates the brick and mortar institutions. The individual states are granted the right to govern gambling within their borders, and there’s a lot of confusion about whether the betting sites accepting INR must comply with the local regulations or the archaic Public Gambling Act of 1867. At the same time, the gambling laws of the following states allow citizens to participate in certain gambling activities:
- Goa and Daman & Diu.
- West Bengal.
International Indian Rupee online casinos are not banned from obtaining licenses on specific virtual activities, but again, it’s all about the rules of the particular state. All Indian gamers have to pay a tax of 30% on gambling gains (actually, the tax is withheld by the casino), whereas a big Indian Rupee online gambling site (a ‘big’ casino is a casino having annual income over INR 50 million) is obliged to spend no less than 2% of its income on social activities. However, in spite of all the ambiguity, online gambling in India is bound to boom, and the breakthrough has already happened in 2014 when the Sikkim state issued the first license to an online gambling operator called Future Gambling Solution. But before clearer regulations pop up, we recommend you to gamble at the best online casinos that accept Indian Rupee from our top list.
What are the Payment Methods for INR Casino Deposits?
Underdeveloped India has a lot of room to grow in terms of online payments. Lack of Internet coverage – only about 25% of the Indian population uses the Internet – and weak knowledge of customers lead to the fact that many are still cut off from advanced technologies. Still, the rapid growth in the total annual transaction value indicates that India has all the chances to become one of the world’s major online payment thoroughfares. As for now, Indians prefer card payments and e-wallets.
Debit and Credit Cards: RuPay, Visa, MasterCard
A credit card is one of the most secure ways of depositing with Indian Rupee when gambling in a legal INR casino. Sending money is as simple as ABC: enter the credit card number, expiration date, and CVV in your online account to launch the transaction. The gist of credit cards is that the bank pays on your behalf and you are obliged to return the money within a month or so.
The second most popular online casino INR deposit choice is a debit card. The only substantial difference from depositing via a credit card is that you spend your own funds, not the bank’s funds, and therefore should have enough money on the balance to complete the transaction. To ensure safety when making casino deposits using Indian Rupee, refer to the most reliable and time-tested providers such as MasterCard, Visa, or RuPay. The first two need no introduction, while the latter is a dominating local debit card provider supported by 20 commercial, 32 regional, and 75 co-operative banks.
In addition to well-known international e-wallets like PayPal or Skrill, there are following domestic options: PAYTM, VpayQwik, Freecharge, Mobikwik, and Airtel Payments Bank. Depositing routine replicates funding via a debit/credit card, and the essence of paying via e-wallet is reduced to getting a higher speed or access to a special casino that accepts INR currency. In other words, you should look for this option if the standard gateways are not implemented by the casino.
How to Make Casino Deposits with INR Currency?
Depositing to an online casino INR is easy:
- Register in a credible Indian Rupee casino from our list.
- Log in to your account and choose your payment option.
- Fill in the payment details and submit the transaction (depending on the selected gateway, you may be asked to finish the money transfer in your online banking cabinet or e-wallet).
Once the funds are credited to your account, you are ready to play with Indian Rupee! Typically, withdrawing with Indian Rupee is possible via the same gateway.
What are the Benefits of Gambling with Indian Rupees?
First of all, in any online casino Indian Rupee is added to the payment options, which means you will save on the extra fee that is charged when the currency exchange takes place. Since the conversion fee can reach 5% or even more, we recommend you to avoid gambling online with Indian Rupee if you have conversion-free options. If you store money in, for example, USD, then you are recommended to use a USD to USD gateway.
Indian Rupee Casinos FAQ
- 💠 Is paying with Indian rupees different from paying with other currencies?
- Basically, paying with Indian rupees is no different from replenishing the balance with any other currency. You are to go through a simple sequence of actions:
- Sign up to a reliable casino that accepts INR.
- Select the desired INR-based payment gateway.
- Fill in the payment details and submit the transaction.
Note that that the payment can take up to 5 business days depending on the policy of the payment provider and the casino. If the payment is rejected or stuck, contact the customer support service of the casino for clarifications.
- 💠 Am I obliged to pay with INR?
- You are not obliged to pay with INR. Any casino supports at least several alternative deposit methods. However, you can choose to pay with INR to avoid excessive fees: for example, if you have rupees in your e-wallet, chances are that an INR to INR money transfer will be more cost-effective than that involving the currency conversion (for instance, USD to INR).
- 💠 Will I receive bonuses for paying with INR?
- Bonuses for paying with IRN are not guaranteed, though they can be provided by the casino. Most casinos treat all players equally and therefore distribute bonuses evenly in time. Whether you are hunting for USD, EUR, INR, GBP, BTC, or any other bonuses, look for them on the casino homepage and the page of the gamble. Bonuses are typically attached to holidays (Christmas, New Year, Halloween, April Fools’ Day, etc.), new games, weekends, etc.
- 💠 Are any fees applied when paying with a credit card/an online payment system?
- Yes, most payment providers charge fees. The commission size depends on the type of payment and the casino’s fee policy. VISA, MasterCard, Maestro, and American Express charge no more than 5% of the deposited amount for cross-border payments; for payments involving no currency conversion, the fee is lower. Refer to customer support for recommendations regarding the most cost-effective deposit method.
- 💠 Is there a possibility to convert other currencies to pay with INR?
- You can convert any currency to INR if the chosen payment gateway allows it. Note that extra fees will be applied.