Bonuses are one of the main weapons of attraction used by online casinos as means of enticing new players to join. As such, they are high in value, and almost always worth taking advantage of. This is especially true when we consider that there are hundreds of online casinos out there, and they must present excellent deals to players if they wish to stand out from the competition. Bonuses are a great way to enhance your playing budget, but keep in mind that they are not exactly free money. All bonuses are subjected to certain terms and conditions, as well as wagering requirements. Each casino has different bonus terms in place, which we make sure to outline in our Indian online casino reviews. Below we will list the most common bonus types and how they work.
The Welcome Bonus is a prized possession of every bonus enthusiast. These one-time exclusive offers are reserved for new players only, and they are usually the best value for your money out of all casino bonuses. Typically, a casino will match your first deposit by 100% up to $100. In many cases, this offer will extend on your second a third deposits as well. By effectively doubling your bankroll, welcome bonuses are highly valued and can significantly boost your winning potential.
Free Spins bonuses are very popular among Indian online gamers. Online casinos may reward players with Free Spins as part of the Welcome Bonus or as a standalone offer. Free Spins Bonuses can be played on a single game or a certain set of games, such as NetEnt games or Starburst, depending on the casino and bonus in question. All Free Spins winnings are instantly converted into bonus cash that will need to be wagered before withdrawal.
The No Deposit Bonus is highly sought after among Indian online gamblers. This bonus type is fairly self-explanatory, it requires no deposit, making it as close to free money as possible. No Deposit Bonuses are usually in low amounts, such as $10 or 700 Rs, and they come with higher than usual wagering requirements – X40 to X100 your bonus amount. What’s more, no deposit bonuses typically carry a maximum cashout limit of $100 or 7000 Rs.
Still, despite all these restrictions, no deposit bonuses are a great risk-free way of exploring an online casino with absolutely no risk on your part, with the chance of earning some real money in the process. If you successfully wager a no deposit bonus, an online casino will typically require you to make a deposit before you make your withdrawal. Rest assured, however, that you can instantly withdraw this cash as soon as you have made your deposit.
All gambling winnings in India that are over INR 10,000 are subject to a flat 30.9% tax. This tax rate does not take into account any form of deductions, including the benefits of basic exemption. This means that regardless of the amount you’ve lost, you need to report and pay the same amount of tax on any and all online gambling winnings.
If you have won less than 10,000 Indian rupees throughout the tax year, then you will not have to report your winnings or pay any taxes.
Many online casinos will automatically deduct the 30.9% rate when you make a withdrawal. If you receive your full winnings, then it is your duty to report said winnings yourself and pay the applicable tax rate. Even though gambling in India is technically illegal, this does not make individuals exempt from paying taxes on online gambling winnings.
Yes. Many leading online casino brands welcome Indian players and allow the use of Indian rupees for deposits, withdrawals and gameplay.
However, if the casino does not support INR, then you can still make a deposit. Your rupees will be converted into whichever currency the casino is operating with, such as EUR or USD. Keep in mind that in this case, you may be subjected to a minor currency conversion fee.
Absolutely! Leading online casino operators that host players from across the globe have a heavy focus towards the Indian player base as well.
These online casinos are licensed, regulated and have a proven track record of professional service. You can rest assured that it is perfectly safe for you to gamble online as an Indian player.
Yes. Free play is available at most, if not all online casinos that accommodate Indian gamers. Most Slots, Table Games and Video Poker can be played for fun indefinitely.
This is a great, risk-free way of trying out any games you may like before deciding to play for real money.
Absolutely. Indian players can expect massive bonuses at most online casinos that welcome them. This includes welcome bonuses, free spins bonuses, reload and cashback bonuses and even the occasional no deposit bonus.
Depending on the payment method you are using, you may or may not be charged a withdrawal fee when taking your money out of the casino.
Withdrawals via Bank Transfer usually have higher fixed fees. Whereas, payouts to e-wallets such as Neteller, Skrill or PayPal typically incur minor sub charges that are between 1% to 2.5% of your total withdrawal amount. Keep in mind that currency conversion fees may also apply, but they are trivial at worst.
As per standard online casino regulations, all online gamblers are required to verify their identity before requesting a withdrawal. This is to ensure that the playing individual is over the legal gambling age and to prevent various fraudulent schemes.
Identity verification is a simple process that should not take more than a few minutes of your time. Typically, you will need to send a photo or scan of your personal ID and/or a utility bill no older than 3 months to the casino’s support team. Afterward, you can expect your identity to be processed within 48 hours.
Withdrawal times depend on your preferred payment method. Bank Transfer withdrawals, and Credit/Debit Card withdrawals (whenever possible) are subjected to longer waiting times that can be anywhere between 5 business days to 2 weeks.
On the flipside, e-wallet withdrawals are blazing fast, often paying out within 24 to 48 hours of your request. Neteller, Skrill, and PayPal are the most popular Indian casino payout options.
Indian players can resort to a wide variety of banking options for making deposits and withdrawals at online casinos.
Since gambling is technically illegal on Indian soil, you may run into trouble if you are trying to withdraw via Credit/Debit card. We do not mean legal trouble, but instead, VISA and MasterCard may not be able to process your transaction if it comes from a gambling entity.
This is why it is best to resort to e-wallets for online casino withdrawals. Neteller, Skrill, PayPal, Paysafecard, ecoPayz – your options are abundant. All of these e-wallets make room for fast transactions (12-48 hours) with little to no fees.