Online sports betting in India has become incredibly popular, especially with the nation’s passion for cricket. Many betting platforms compete by offering attractive welcome bonuses to new players. If you’re looking for 500 Rs signup bonus betting sites in India, you’re in the right place.
Below we’ve compiled a list of current platforms that not only provide around ₹500 as a signup bonus but are also legal and accessible to Indian users (supporting INR and local payment methods) and offer cricket betting among other sports. Each platform is presented with key details including the bonus offer, supported sports (with emphasis on cricket), basic terms, and standout features.
Rajabets 🇮🇳
Signup Bonus:
No-Deposit Bonus – ₹1,000 free on sign-up for new customers. (This is essentially two ₹500 free bonuses given upon registering, with any initial deposit required.) Rajabets also offers one of India’s biggest deposit-match bonuses – a 200% welcome bonus up to ₹100,000 for those who add funds.
Supported Sports:
A wide sportsbook covering cricket, football, tennis, kabaddi, and more. Rajabets dedicates special focus to cricket (including IPL and international matches) to cater to Indian bettors. It also features a large online casino section for slots and live dealer games.
Bonus Terms & Conditions:
The ₹1,000 free signup bonus is credited after completing registration (you may need to verify your account). A wagering requirement applies – e.g. a 20x turnover of the bonus amount within 30 days was noted for a similar offer. Only after fulfilling the playthrough can any winnings from the bonus be withdrawn. (Rajabets might also require you to follow their social media or contact support to activate the no-deposit bonus.) The 200% deposit bonus has its own terms (minimum deposit, wagering, etc.), so be sure to check the T&Cs on their site.
Additional Features:
Rajabets is an India-focused platform with 24/7 customer support (including Hindi language support). It supports convenient Indian payment options like UPI, Paytm, bank cards, and cryptocurrencies. The platform has a mobile-friendly site and an Android app for on-the-go betting. With its generous bonuses and a reputation for fast withdrawals, Rajabets has quickly become a trusted choice for Indian bettors (it operates under a reputable license, ensuring player security).
Leonbet
Signup Bonus:
Free Bet Welcome Offer – Deposit ₹500 and get a ₹1,000 free bet for sports betting. In fact, Leonbet’s promotion allows you to claim this free bet multiple times: you can repeat the ₹500 deposit bonus up to 20 times, totaling up to ₹20,000 in free bets. This effectively gives new players a series of risk-free bets (one ₹1,000 free bet for each ₹500 deposited, up to the limit), which is a great boost for trying out the sportsbook.
Supported Sports:
Leonbet is a full-featured international bookmaker with over 20 sports available. Cricket betting is well supported – you’ll find markets on major cricket tournaments (IPL, World Cup, etc.) as well as domestic matches. Other popular sports include football, basketball, tennis, esports, and more. In addition, Leonbet offers a robust online casino and live casino section for players who enjoy slots and table games.
Bonus Terms & Conditions:
Minimum deposit to qualify is ₹500. The ₹1,000 free bet is usually credited instantly after deposit and is meant to be used on sports bets. Notably, the free bet may come with certain odds restrictions – for example, Leonbet requires free bets to be placed at minimum odds (around 1.75 or higher for the free bet usage, as per their terms).
Any winnings from the free bet might need to be wagered (Leonbet’s overall sports bonus had a 7x turnover requirement in some cases, so check the latest policy on their site). There is a generous time window (the offer can be claimed over multiple deposits with no strict time limit mentioned). Always read the bonus conditions on Leonbet to understand eligible bet types and withdrawal rules.
Additional Features:
Leonbet is a well-established bookmaker (operating since 2007) known for its reliability. It offers a smooth experience with features like live betting, cash-out options, and even live streaming on some events. The platform has an Android app (and a mobile-responsive website for iOS users) for convenient betting on the go.
Leonbet supports Indian payment methods including UPI, Paytm, PhonePe, Netbanking, etc., with deposits as low as ₹500 and quick withdrawals. They also run an invite-only loyalty/VIP program to reward regular players. With its hefty free-bet welcome deal and cricket coverage, Leonbet is a great choice for players who want to place risk-free bets on cricket and other sports.
Indibet
Signup Bonus:
“5X Welcome Package” – 500% match bonus up to ₹25,000 for new users. This is an exceptionally high welcome offer targeted at cricket and casino enthusiasts. In practical terms, a minimum deposit of ₹500 can get you an extra ₹2,500 in bonus (the bonus is five times your deposit), while depositing larger amounts can yield up to ₹25,000 in bonus funds.
Indibet often splits this bonus between sports and casino – for example, a portion (say 100% of deposit) dedicated to the Cricketbook and another 400% for other games, totaling 500% (check their latest breakdown). Essentially, your ₹500 deposit could start you off with ₹3,000 balance (₹2,500 bonus + ₹500 deposit) to bet with, which is quite a kickstart.
Supported Sports:
Indibet is a platform built by cricket fans for cricket fans. It features a unique “Cricketbook” – an exclusive section just for cricket betting markets. This means you get an extensive range of cricket events, from international matches to leagues like the IPL, with user-friendly odds specifically arranged for cricket betting.
Beyond cricket, Indibet also has a traditional sportsbook offering football, basketball, tennis, and other sports, plus an exchange feature where you can trade bets with other users (adding a Betfair-style experience). The site also offers an online casino and “IndiGames” (lottery, cards, etc.), but sports – especially cricket – remain the highlight.
Bonus Terms & Conditions:
The 500% welcome bonus comes with conditions. Typically, there’s a minimum deposit (₹500 to qualify) and a cap of ₹25,000 total bonus. The bonus amount likely needs to be wagered multiple times before withdrawal (given the large multiplier, expect a rollover requirement and possibly restrictions like betting on odds above a certain threshold or within a time limit).
For instance, previous Indibet offers had each portion of the bonus subject to wagering on respective products (sports bonus had to be wagered on sports bets, casino bonus on casino games, etc.). Make sure to read Indibet’s detailed bonus T&Cs – high-percentage bonuses can have specific rules on how to unlock or use the funds. They may credit the bonus in increments as you bet. Important: Indibet’s bonus is generous, so be prepared to stick around and bet consistently to fully utilize it.
Additional Features:
Indibet is tailored for Indian users – it accepts INR and supports UPI, Paytm, bank transfers, and crypto for deposits/withdrawals. Account setup is straightforward, and they often run promotions around big cricket tournaments. One standout feature is Indibet’s live betting and exchange: you can live-bet on ongoing matches and even use the exchange to bet against other players, which is great for advanced bettors.
The platform has a mobile-friendly site (and Android app) for convenience. Customer support is available via live chat and WhatsApp. Indibet is relatively new (launched around 2019) but has gained a strong reputation among cricket bettors. If you love cricket, the exclusive Cricketbook and the hefty ₹500 bonus offer make Indibet a top contender.
Puntit
Signup Bonus:
Combined Welcome Offer – 100% deposit match up to ₹20,000, plus an extra ₹500 casino bonus, plus a ₹100 “Lucky Dip” spin on sign-up. In other words, Puntit will double your first deposit amount (up to 20k limit) and on top of that credit ₹500 that can be used in their casino section, and give you a chance to win an additional ₹100 bonus via a Lucky Dip spin.
Notably, the minimum deposit to avail this welcome package is ₹500. This mix of sports and casino bonus is great if you intend to explore both betting and a bit of casino gaming. For example, if you deposit ₹500, you’d get ₹500 matched for sports (making it ₹1,000 total for betting) + ₹500 for casino play, effectively getting ₹1,000 extra value.
Supported Sports:
Puntit is a newer platform designed for Indian punters, offering a comprehensive sportsbook with all major sports. Cricket is prominently featured – expect to find betting markets for IPL, international cricket matches, and smaller leagues. Other sports include football, badminton, tennis, e-sports, and more, along with a range of live betting options. The site also has an integrated online casino, which is relevant because part of the bonus is casino-specific (so you can try out their slots or table games with the free ₹500).
Bonus Terms & Conditions:
The 100% sports bonus and ₹500 casino bonus come with standard wagering requirements. Puntit’s offer, as listed, has a 16x turnover requirement on the bonus amount. This means you must wager the bonus (perhaps bonus + deposit in some cases) 16 times before withdrawing any bonus-derived winnings.
Additionally, there’s a minimum odds condition for sports bets placed with bonus funds (Puntit requires bets at odds of 2.0 or higher for them to count toward wagering). The ₹500 casino bonus likely has its own playthrough requirement (common for casino credits). Also, note that the ₹100 Lucky Dip spin is essentially a chance-based reward – when you sign up, you get to spin a wheel or similar; winnings from that might be bonus credits subject to terms.
All parts of the welcome bonus are for new players only, one-time, and will have an expiry (e.g., you might need to use the bonuses within 7 or 15 days). Always check Puntit’s bonus T&C page for details on each component (sports and casino) so you know how to unlock or use them properly.
Additional Features: Localized for India –
Puntit supports INR transactions with convenient methods like UPI, Paytm, etc., making deposits and withdrawals easy for Indian users. The platform is licensed and operates legally for Indian players (ensure your state doesn’t restrict online betting). It has a modern website and a dedicated mobile app, offering features like live score updates and in-play betting.
Puntit’s “Lucky Dip” and other contests add a fun element to the experience. As a relatively new entrant, Puntit has been noted for its user-friendly interface and responsive customer support. It’s quickly gaining popularity as a trusted sports betting site with a balanced bonus that lets you try both sports betting and casino games with a modest deposit.
JeetWin
Signup Bonus:
Free Sign-Up Bonus – ₹500 free bonus on registration, exclusively for new players. JeetWin has advertised a ₹500 no-deposit bonus for new sign-ups (especially for trying out their JILI slot games). This means simply by creating a new account (and downloading their app as required by the promo), you can claim ₹500 in bonus credits without needing to deposit.
In the past, JeetWin’s standard offer was ₹1,000 free on signup, but currently ₹500 is the common promo amount, which is still a generous head-start to explore the platform’s offerings. Additionally, JeetWin offers a 100% first deposit bonus (and other promotions), but the ₹500 freebie is a great way to begin.
Supported Sports:
JeetWin is primarily known as India’s #1 online casino, but it also offers sports betting on its platform. You can bet on cricket, football, and other sports through JeetWin’s sportsbook product (they aggregate sports odds for Indian punters). Given JeetWin’s strong marketing in India, they ensure popular cricket matches (IPL, etc.) are available to bet on.
However, the selection might not be as extensive as a dedicated sportsbook – JeetWin’s focus is split between casino and sports. On the casino side, JeetWin excels with hundreds of slots, live dealer tables, teen patti, andar bahar, and more (they even have Bollywood actress Sunny Leone as a brand ambassador, underscoring their casino prominence). The ₹500 signup bonus is often tied to trying specific casino games (like certain slots), but any winnings you earn can potentially be used for sports bets as well.
Bonus Terms & Conditions:
The ₹500 free signup bonus is a no-deposit bonus, so it will come with some conditions. Typically, you must complete the registration and then claim the bonus (possibly by entering a promo code or by downloading the JeetWin app as indicated in their promotion). JeetWin will credit ₹500 to your bonus account.
This bonus cannot be withdrawn directly; you’ll need to meet a wagering requirement. Historically, JeetWin’s no-deposit bonus had a 20x wagering requirement– meaning you would have to wager 20 × ₹500 = ₹10,000 in bets before you can withdraw any winnings from the bonus. The wagering may be allowed on specific games (often slots like those from JILI provider). There might also be a time limit (e.g., use the bonus within 30 days) and a max win cap (sometimes winnings from free bonus are capped).
Ensure you check the JeetWin promotions page for the current terms of the ₹500 signup offer, because they might adjust the rollover or eligible games. Also, JeetWin runs various other promos (like deposit matches, reloads, loyalty rewards) – but those require deposits. The beauty of the ₹500 free bonus is that it’s risk-free to the player.
Additional Features:
JeetWin is an established Indian platform (since 2017) and is known for fast payouts and reliable service. It’s licensed and regarded as a safe site for Indian gamblers. They have a very polished mobile app (for both Android and iOS) which they heavily promote – in fact, some bonuses (like this signup offer) are tied to using the app.
JeetWin supports popular Indian payment methods (for when you do deposit later) like UPI, Paytm, NetBanking, etc., and even offers rapid withdrawals for verified users. The site has a loyalty program where you earn points that can be exchanged for rewards, and they frequently host tournaments or lucky draws for active players.
Their customer support is accessible via live chat and is known to be helpful. Overall, JeetWin provides an all-in-one betting and casino experience. The ₹500 free signup bonus is perfect for casual players who want to test the waters – you can spin some slots or even bet on a cricket match without investing your own money upfront.
The above platforms are among the best options if you’re searching for 500 Rs signup bonus betting sites in India. Each site gives you either a free bonus or a matched bonus that involves roughly ₹500, letting you start betting on cricket and other sports with minimal initial investment.
These platforms are popular in the Indian market, accept Indian rupees, and support cricket betting (in some cases, they’re built especially for it). Always remember to read the bonus terms and conditions before you jump in – understanding wagering requirements and eligibility will help you make the most of these offers.
Also, while these bonuses are a great way to get started, practice responsible betting. Use the welcome bonus to familiarize yourself with the platform and odds. Whether it’s grabbing a ₹500 free bet on a cricket match or doubling a ₹500 deposit, these bonuses can add extra excitement to your betting journey.