- Overview of MuchBetter
- How To Select the Best MuchBetter Betting Site
- Deposits at Betting Sites With MuchBetter
- Withdrawals at Betting Sites With MuchBetter
- Safety and Security at MuchBetter Betting Sites in India
- MuchBetter Security Protocols
- MuchBetter Bonuses When Betting
- MuchBetter Fees for Indian Customers
- Deposit and Withdrawal Limits
Overview of MuchBetter
MuchBetter is an e-wallet. These payment types have become some of the most sought-after at online gambling sites. While it might not be as well known as Skrill or Neteller, it has earned its fans through its secure and quick service. Let’s look at how the company began and how Indian customers can access and use the payment solution.
History of MuchBetter in India
MuchBetter launched as a company in 2016. The aim of the team was to do much better when it came to secure banking experiences through an e-wallet. That’s still the name and the motto today. The company has developed and kept innovating throughout its history.
MuchBetter is the creator of the first dynamic CVV code. It’s the three digits you find on the back of a bank card, but when you use a MuchBetter card, the number changes to enhance security. Safe transactions are a core focus, with an app that links to fingerprint ID, device pairing with your account and a transaction review system.
MuchBetter isn’t just for Indian users. The service is provided in 17 languages, and the app is available in over 180 countries. It’s won multiple awards as it has developed, including Best Mobile Initiative in 2021 from the Banking Tech Awards.
How MuchBetter Works in India
Indian users can access MuchBetter as an e-wallet through the app. It’s designed for transferring money, but you can also keep an active balance there. The app is available on mobile devices and allows you to control your MuchBetter wallet. You can top up the wallet to have the funds available to deposit online at a betting site.
The app connects to your device and phone number to keep your account secure. When you choose MuchBetter to deposit, you can approve the transactions in the app. It’s also possible to withdraw and access your funds from the app.
How To Select the Best MuchBetter Betting Site
The e-wallet is growing in popularity, which means we’re now seeing more sportsbooks that accept MuchBetter. It’s great news for Indian users. However, it means you need to make a choice. We’ve got a way to help you with that decision. Check out our criteria below to help you choose the best sportsbook that accepts MuchBetter.
- Secure, trustworthy and reputable sites that protect customers
- A wide choice of sports events, including IPL and international cricket tournaments
- Live betting and live streaming
- Competitive odds and markets with depth
- An appealing welcome bonus that can be triggered with a MuchBetter deposit
- Ongoing promotions, including free bets and odds boosts
- Fair terms and conditions
- Low minimum deposit and withdrawal limits
- Fast payouts with MuchBetter
- No transaction fees
- High maximum deposit and withdrawal limits
- 24/7 customer support, including live chat
- Ability to pay in rupees
- Well-designed site with mobile access
Deposits at Betting Sites With MuchBetter
MuchBetter can be used to deposit at sports betting sites. You can find it under the e-wallets section. Once you’ve chosen a sportsbook that accepts MuchBetter, your next step is creating an account. Once that process is complete, you can add funds by entering your phone number to link to the app.
Depositing with this e-wallet has several advantages. It means you don’t need to enter your bank details into the online bookmaker. It also gives you security and control. Only you can access the app to approve the deposit. Typically, transfers to your sports betting account will arrive instantly.
Guide to Deposits
We’ve created a handy step-by-step guide to depositing at sports betting sites.
- Download the MuchBetter app and top up
- Sign up to a sportsbook that accepts MuchBetter
- Launch the cashier from your account and choose MuchBetter from the e-wallets section
- Enter the amount you want to deposit
- Add your phone number in the field provided
- Launch the app to approve the transaction
- Confirm the deposit
- Check the funds have arrived in your online sports betting account
Issues Indian Users Face and How To Solve Them
Even with our handy guide, the process doesn’t always run smoothly. With that in mind, we’ve addressed the issues Indian users could face and provided solutions. One issue could be if your funds don’t arrive after you deposit. It should only take a few minutes at most. Fortunately, you can capture a screenshot of the transaction from the app and send it to the sports betting site to query the problem.
If your deposit fails, there could be a few reasons. It’s vital that you check the phone number you enter, including the country code, so that it exactly matches the one you use with the app. Another issue could be insufficient funds. Ensure you have topped up and that the funds are available for gaming.
You can use your e-wallet without verification for certain services. However, it does run identity checks. You might need to complete them to increase your spending limit and to complete your transaction. You can use the ‘Verify me’ option from the app to upload copies of your ID.
Withdrawals at Betting Sites With MuchBetter
A payment option that allows for deposits and withdrawals is useful, as most sports betting sites want you to use the same method. Fortunately, the e-wallet falls into this category. Most sportsbooks that accept MuchBetter allow you to use it for withdrawals.
It’s a convenient and safe way to get your winnings. Keep reading to find out how to request a withdrawal. Plus, we’ve set out some of the common issues that Indian users face, and we’ve provided the solutions.
Guide to Withdrawals
When it’s time to withdraw, follow this step-by-step guide.
- First, visit the sports betting site and log in
- From your account, launch the cashier
- Choose the withdrawal option and select MuchBetter from the list of methods
- Enter the amount you want to withdraw
- Fill out the phone number that you use with your e-wallet app
- Review the information before confirming
- Wait for your request to be approved and your funds to appear in your wallet
Issues Indian Users Face and How To Solve Them
We hope that everything runs smoothly when you withdraw your winnings. However, in case something does go wrong, we have some advice for you. If you can’t complete the withdrawal, there are two crucial aspects to check. One is the phone number, and if you’ve entered it correctly and in the format with the country code but no zero at the beginning. Second, make sure you know the sports betting site’s limits and that your withdrawal is allowed.
If your withdrawal has been processed but hasn’t arrived, it’s best to check its status in your account. If it’s pending and doesn’t change after the appropriate approval period, contact customer support. If the betting site has released the funds, but you don’t have them, get a reference number for the transaction and contact the MuchBetter team.
If you haven’t verified your account, you’ll need to complete the process for a successful withdrawal to the wallet. If a different amount arrives in your wallet than your original request, it might be due to currency conversion.
Safety and Security at MuchBetter Betting Sites in India
MuchBetter, like other e-wallets, is considered a safe payment option. It acts as an intermediary, which means you don’t need to enter your banking details into multiple sites. It decreases the risk of fraud and illegal access to your transactions. It also observes high standards, as is required of financial institutions of this level, which is why account verification is in place.
When using a sports betting site in India, it’s essential that you choose one with a licence and the appropriate security measures. If it uses encryption tools, such as TLS and SSL, then you’ll know your transactions are protected.
MuchBetter Security Protocols
This security-conscious company implements several protocols to ensure that your data and funds stay secure and protected. For example, users need to verify their identity before they can withdraw money or have higher spending limits. It means that you can only withdraw to bank accounts that match the name you use in the app.
Your account is protected in multiple ways. It’s linked to your phone number and device, which means it can only be accessed from there. Just having the phone isn’t enough, though. You need to have a password or passcode protection turned on to use the app. You can’t log in without it.
If your phone has biometric capabilities for logging in, then you can use those, such as your fingerprint or face ID, to access your account. If you get a new device, you’ll receive an activation code via text message. When using the app, it times out after 90 seconds of inactivity, which means you’ll need to log in again to gain access.
MuchBetter Bonuses When Betting
The majority of sportsbooks that accept MuchBetter allow you to claim bonuses with your deposits. It’s hardly ever on the excluded list, which means it’s time to find out about the promotions you can expect and should look for when you choose a site. We’ve set out some of the most popular ones.
Welcome bonuses – these offers are for new players. You get it when you sign up and deposit or sign up, deposit and bet. It could be a match or a free bet.
Free bets – most sports betting sites use free bets to give their customers something extra. It could come as a reload offer when you deposit or as a reward from a loyalty scheme or competition prize. The free bet is worth a set amount, you use it to bet, and if you win, you keep the winnings but not the stake.
Bet insurance – these deals happen after you make a bet with your money. If you lose, the insurance means you get your stake back to bet again.
Boosts – this promotion can apply to odds or profits. It means the sportsbook will enhance the amount you can get for a bet on a specific event.
MuchBetter Fees for Indian Customers
Creating a MuchBetter account is free. Additionally, transactions that you make at sports betting sites don’t incur a fee from the provider. However, in certain circumstances, there are fees. You could be charged a percentage fee for deposits and incur a percentage charge or flat rate fee for withdrawals. For example, AtroPay withdrawals have a 3% fee. It’s best to check the exact details for processing costs within the app.
Deposit and Withdrawal Limits
The sports betting sites in India set limits for how much you can deposit or withdraw. They vary depending on the operator. However, we’ve done some research to give you an idea of the average limits. Minimum limits start as low as₹55 and can go up to ₹900. The maximum amounts are usually around ₹400,000 to ₹900,000.
Withdrawal limits also apply. The minimum amount could be₹105 up to ₹900. Maximum limits that you could find range from ₹400,000 to ₹900,000, which matches the deposit limits.
Find out more about using this e-wallet at Indian betting sites.
Yes, there are several sports betting sites that accept Indian customers and this payment method.
Most betting sites don’t charge fees for using MuchBetter. However, the e-wallet does have a charge for topping up and removing your funds.
Each betting site sets its deposit limits. We’ve seen minimums as low as ₹55.
New FAQ : Answer