For customers of one of the best betting portals in India, we have prepared a short review that will tell you about the main payment methods available at Bilbet. You will be able to evaluate the advantages and disadvantages, as well as learn about the features of bilbet deposit. Readers will get acquainted with the conditions and opportunities of bilbet withdrawal, as well as the benefits of the Cash Out function, which will certainly be used by new fans of sports betting.
Bilbet Payment Methods
Along with other licensed bookmakers, the operator has tried to simplify the process of depositing money into a gaming account as much as possible and, for the convenience of users, has expanded the list of deposit options in Indian rupees.
At the disposal of regular customers will be the most popular, officially recognized in India methods that allow you to make a transfer as quickly and easily as possible.
Bilbet IN Deposit Methods
To make a deposit, users are offered the following methods:
- PhonePe;
- PayTM;
- UPI;
- Tonkeeper.
You can get acquainted with the information about the limits applied in the process of bilbet deposit to the game account in the table.
Payment system | Minimum deposit amount, INR | Maximum deposit amount, INR |
PhonePe | 100 | 30 000 |
PayTM | 50 | 30 000 |
UPI New | 300 | 500 000 |
UPI | 100 | 50 000 |
UPI Fast | 100 | 30 000 |
Tonkeeper | 0,01 | 30 000 |
There are no commissions on the bilbet website. Some of the payment systems may charge a certain percentage of the payment amount for the services rendered.
Funds are credited to the game account within a few seconds. If, according to the information of the payment system, the transaction is confirmed, but the user does not see its successful result in his personal account, then he should immediately contact the bilbet support service.
Bilbet Withdrawal Methods
New customers of the site who are just going to make the first bilbet deposit should remember that the bookmaker has a policy of preventing fraudulent activities. Each deposit must be wagered at least once. A customer can request bilbet withdrawal only for the amount in Indian rupees that was used for betting.
The restriction will be lifted after the entire amount of the bilbet deposit has been wagered.
Betting participants will be able to place an order for bilbet withdrawal of earned money using two options:
- PayTM, a transnational digital payment service;
- Instant electronic transfer system IMPS.
Also, you can always withdraw your money to the details through which you made the replenishment of the account. That is, if you made a deposit through Phone Pe, then you can withdraw money only through this payment system.
Each of the payment systems provides individual limits for the amount of bilbet withdrawal, which are presented in the table.
Payment system | Minimum withdrawal amount, INR | Maximum withdrawal amount, INR |
PayTM | 300 | 30 000 |
IMPS | 300 | 100 000 |
Many users are concerned about the timing of the withdrawal of money earned on the bilbet website. The administration processes all requests within one day, regardless of the withdrawal method. Delays are allowed only in cases where it is additionally necessary to verify the identity of the user.
Cash Out Function
Cash out is a feature that provides the ability to calculate the payout amount and close the bet on the bilbet website before the end of the sporting event. Many bettors actively use the advantages of this service and redeem their bets if events develop according to a favorable scenario during the competition.
As an example, consider the early closing of a bet on a football match. The client made a bet on the victory of the second team with odds of 2.9 in the amount of 1,000 INR. Towards the end of the first half, the second team scored a goal, and the score became 0:1 in its favor. After that, the odds for her victory in the live betting line at bilbet decreased to 1.35, after which the bet was closed through the cash out option.
To calculate the payout amount, we use a simple formula:
S=(P∙〖(K〗_1-1)-P∙〖(K〗_2-1))/K_2 , Where is
P – bet amount;
K1 – starting odds on the outcome of the event;
K2 – odds on the outcome of the event at the time of closing the cash out bet.
Substituting the available data, we get the amount that is due to the client.
The main positive aspects of cash out are:
- The ability to fix the profit or loss at the moment;
- Instant calculation of the bet in one click;
- Increasing the level of excitement and encouraging more action.
But there are also some drawbacks: under the most favorable conditions, the amount of payment for Cash Out will be less than when calculating the bet in the usual way; and Accumulator bets can only be redeemed with high margins.
Readers who dream of high incomes will be able to easily reveal their outstanding abilities in sports betting after registering on the bilbet website using our link.
FAQ
Is it possible to withdraw money in cryptocurrency?
At the moment, replenishment of the account and withdrawal of funds in cryptocurrency on the bilbet website are not provided. The administration is working on this issue and in the near future such an option will definitely appear.
What should I do if the money has not been credited to my account?
In this case, you should contact the bookmaker’s support service within one hour. Live chat is best suited for this.
How many times a day can I make a transaction?
Players from India can withdraw funds no more than once within 24 hours.