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Parimatch Review For Sports Betting In India 2024

Here at World Cricket Watch, we’ve looked at Parimatch, a popular bookie with Indian punters, to see exactly what it has in store.

Parimatch

150% up to ₹20000
Payment Methods:
Tether Operations Limited
PSI-Pay Ltd.
Paytm Platform
+17

Parimatch Summary

Parimatch is a famous sports betting brand in India that has existed since 1996. It’s renowned for its large selection of sports, generous bonuses, and extensive casino section.

However, just like with any other site, learning more about it and checking if it’s trustworthy before registering an account is important.

That’s why this Parimatch review goes into great detail about all of Parimatch’s services. It unveils the good and the bad to deliver one of the most exhaustive reviews of Parimatch to date to help readers determine if Parimatch is worth your time.

Parimatch Score

We’ve turned our expert gaze onto this site to see if Parimatch is safe or not, as well as look into its bonuses, payment methods, and, of course, sports.

Here’s a quick overview of our ratings:

Bonus Offer
5/5
Betting Variety
5/5
Mobile Experience
4/5
Payment Options
4/5
Betting Experience
5/5
Support
4/5
Summary
5/5
Total Score
5/5

Key Insights

Parimatch has much to offer punters in India, from around-the-clock customer service to a low minimum deposit. Take a look at the main points you need to know:

Parimatch - complete summary
Minimum Withdrawal
100.00000
Mobile App
Android, iOS
Minimum Deposit
200.00000
Customer Support
Email, Phone, Live chat
Company
PMSPORT N.V.
License
MGA/B2C/531/2018
Payment Methods
Tether Operations Limited
PSI-Pay Ltd.
Paytm Platform
+17
Parimatch - complete summary
Minimum Withdrawal
100.00000
Mobile App
Android, iOS
Minimum Deposit
200.00000
Customer Support
Email, Phone, Live chat
Company
PMSPORT N.V.
License
MGA/B2C/531/2018
Payment Methods
Tether Operations Limited
PSI-Pay Ltd.
Paytm Platform
+17

Pros and Cons

As experts, we know that not every bookie is flawless, even if some come close. Parimatch has many excellent features, but also a few things we’d like to see improved.

Pros
Wide variety of sports markets with live betting
Exhaustive Cricket market selection, including the IPL
Minimum deposit on Parimatch available in INR
Reputed bookmaker with over 28 years of experience
Cons
Live chat is a chatbot first, and tricky to get past
App only available to Android users

How We Rated Parimatch

To help readers understand: “what is Parimatch?” and the services offered, it was essential to consider key factors that potential users can relate to. Other aspects of the bookmaker have been reviewed, as well, but here are the primary criteria taken into account during the Parimatch review India process.

Betting Market Selection

The main point of attraction for a site like Parimatch is its market selection. That’s why it’s essential to ensure that Indian players have access to the most popular sports and the choice to discover new disciplines and leagues. Therefore, in addition to looking at the kabaddi and cricket competitions available, like the IPL on Parimatch, we also made sure to check other popular markets like football and basketball, as well as niches like badminton and futsal.

Legality & Safety

Indian punters can rest easy knowing that we’ve considered their safety; our review process included looking at Parimatch’s history, licence, and whether the platform offered was secure. Secure, in this case, means the latest encryption protocols, trustworthy payment methods, and looking at Indian law to see if players can rightfully access the site. So, is Parimatch legit? All signs point to a resounding yes, as we’ll detail below.

Promotional Offers

Bonuses can tell you a lot about bookmakers and online casinos. Reading the bonus terms helps you determine whether the offers are fair or too good to be true. Plus, each bookmaker has their speciality, and these offers can let someone know if the bookmaker is more appropriate for cricket enthusiasts, for example, or if it panders to another sport. We found a relatively small number of sports offers on Parimatch, but they do cover a nice range of types, from parlay boosts to free bets.

Payment Methods

Punters need to be able to deposit and withdraw effortlessly. They must have a guarantee that the site will actually pay out and that withdrawals will arrive fast and without fees. It’s also a huge plus if the bookmaker provides a wide variety of methods Indian players are familiar with and can trust. Parimatch offers a ton of payment options that cover a host of Indian banks, but it’s important to note that availability does depend on your location.

Mobile Compatibility

India is the second-largest mobile phone market in the world, and mobile compatibility is a critical factor. Any bookmaker like Parimatch wanting to please Indian punters must have the best mobile compatibility possible. Therefore, the platform was tested on Android and iOS devices during the review process to ensure every Indian player would have the most pleasant experience possible.

About Parimatch

Established in 1996, Parimatch is an online bookmaker operating with a Curacao licence and specialising in cricket. The operator accepts Indian players and lets you deposit and withdraw in Rupees and crypto. If you’re a football fan, chances are you’ve seen this bookie’s name proudly displayed on the shirts of Argentina FC. Parimatch sponsors these and a few other cricket teams, such as the Jamaica Tallawahs.

Is Parimatch Safe in India?

Parimatch benefits from almost 30 years of experience and a solid reputation among Indian players. The betting site is licenced by Curacao, and even better, it’s part of FederBet, an organisation guaranteeing fair results and tracking down those who fix sports events. So, is Parimatch safe? Absolutely!

Is Parimatch Legal In India?

Parimatch has a Curacao licence, meaning it’s legal and can offer services across most of India. We recommend checking the gambling laws in your state just to make sure.

How To Get Started With Parimatch

Parimatch offers a straightforward registration process, and unlike similar platforms, it only takes two simple steps.

Create An Account

Account creation starts by clicking the sign-up button in the top right corner. Then, the site offers a bonus selection (it’s optional) and asks for a valid phone number and a strong password. screenshot-register-parimatch

Parimatch Account Verification

After confirming, the account is created, and Parimatch will send a confirmation SMS to the provided number to activate it. Note that you can still explore the site without completing this step, but you will need to verify your account before you can make a deposit.

Parimatch Payment Methods

Indian players can start wagering with Parimatch by making a deposit using the following:

National Payments Corporation of India
UPI
MIR limited
MuchBetter
Bank Transfer
Tether Operations Limited
Tether
PSI-Pay Ltd.
Payz
Paytm Platform
Paytm
Apple Inc.
Apple Pay
Paysafe Group
Neteller
PhonePe Private Limited
PhonePe
LA Orange Ltd
Jeton
Visa Inc.
VISA
Google LLC
Google Pay
Litecoin.com
Litecoin
Skrill Limited
Skrill
RuPay
RuPay
Bitcoin
Bitcoin
Mastercard
Mastercard
Immediate Payment Service
IMPS
Ethereum
Ethereum
AP Global Corporation LLP
Astropay

Note that your location in India can affect the available methods; you may also find the following options:

  • ICICI
  • Kotak
  • Axis Bank
  • Yes Bank
  • HDFC Bank
  • SBI

When withdrawing winnings, you’ll need to use the same method (where possible). Each method has a different minimum withdrawal, but crypto has one of the lowest at ₹100.

Parimatch Minimum Deposit

The minimum deposit amount at Parimatch depends on the payment method used. UPI FastPay allows for minimum deposits of ₹200, and AstroPay starts from ₹400. Players can start with at least ₹300 using PhonePe, Google Pay, and PayTM. Deposits with Tether and Bitcoin can go as low as 2 USDTT and 0.0001 BTC, respectively.

Parimatch Sportsbook

Parimatch is popular because of its sportsbook offering. The Parimatch cricket betting options are unparalleled, but it’s far from the only sports market available, so here’s what to expect if you sign up.

Parimatch Cricket Betting

India’s favourite sport is well represented with the Parimatch cricket section, which includes all the major events covered by the bookmaker. It features Indian events like the T20 and the Women’s Indoor League T10. There are also international events like the Tri-Nation Series, the Irish Interprovincial Club, Great Britain’s One-Day Cup, and European Series T10 with different Parimatch cricket rules.

Kabaddi

The other most prominent Indian sport hasn’t been forgotten. Parimatch offers bets on the most followed leagues like the Pro Kabaddi League, Indo International Premier League, Super Kabaddi League, Asian Championship, and more!

Football

For those who enjoy the most followed sport on Earth, there’s also Parimatch’s football selection. Every major league is here, including the English Premier League, Champions League, Europa League, and even for those who support Indian football (ISP).

Tennis

Parimatch’s sports selection also features the most prestigious tennis events. Indian punters can wager on the best players in the world when they participate in Roland-Garros, the Australian Open, Wimbledon, or the ATP Finals.

Parimatch Live Betting

All the markets offered by Parimatch live in India can be wagered before the events start or while they’re happening, thanks to the Parimatch live sports betting function. If you miss the kick-off of your favourite cricket match, for example, you can go to the Parimatch “Live Today” tab and see the event displayed there. Then it’s possible to wager on any other event, with constantly updated odds. All punters can quickly wager on the winner or click the event to see additional betting options. Of course, it’s essential to place the bet before the match ends.

Parimatch Betting Exchange

Betting exchanges offer a fun way to bet and potentially boost odds as punters create their own odds for events. Unfortunately, this feature isn’t available on the official Parimatch site.

Parimatch Betting Rules

It’s essential to clarify Parimatch cricket betting rules. At Parimatch, Indian players can place single, multiple, system, and parlay bets. The latter is available through a promotional offer and only on specifically mentioned events under some conditions. Parimatch has a cashout option. This feature allows punters to settle a bet before its outcome. However, the cashout amount depends on current odds, the event itself and what may have happened before the start. Therefore, the amount received can be lower or higher than the initial bet. Cashouts can be enabled under your account settings once logged in. Once it is, you can find some Parimatch live cricket bets covered by it! There’s also a blog section to Parimatch we thought we should highlight, as it has an extensive range of articles, from betting guides to sports and casino game information. If you’re unsure about something, like what the rules are for a particular sport, you can check in here.

Parimatch Betting Tips & Tricks

To ensure the best experience possible at Parimatch, here are some valuable Parimatch tips and tricks.

Exercise Bankroll Management

Sports betting relies on numbers, and the most important figures are the ones in your account balance. Every player must set up a bankroll. It doesn’t matter if it isn’t a lot. There are many different gambling strategies you can find and use to manage this bankroll, but we always recommend keeping it simple: set a strict amount you can afford to lose and don’t spend over this limit.

Understanding Odds

There are different odds formats available on betting platforms like Parimatch. We know most people in India prefer the decimal format. When dealing with decimal odds, it’s essential to understand how these numbers work to identify the underdog and the favourite. For example, in a cricket match, betting on the team closer to ‘1’ is betting on the favourite, and it will pay less money because it’s not as risky as wagering on the other team. So if this team has odds of 1.20, then betting ₹100 will pay out ₹120.

Mastering the Different Bet Types

The way the player fills the bet slip will significantly influence the outcome. For instance, for single bets, the payout only takes one event into account. In the case of a parlay (also known as an accumulator/acca), it’s the opposite. The odds of each event are combined to determine the winning amount, and you can typically place more bets at a lower overall wager. However, it also means that if one outcome isn’t predicted correctly, the entire ticket is lost, whereas singles are independent, and each event can pay out regardless of the others.

Parimatch Withdrawal

Parimatch lets players withdraw their winnings with the same method used to deposit on the site. The minimum withdrawal amount depends on the method selected, and it ranges between ₹100 and ₹2,100. Parimatch doesn’t charge for withdrawals. If you want to learn more about the process, you can take a look at our Parimatch withdrawal review.

Parimatch Mobile App

Parimatch features a downloadable app for mobile users. However, it should be noted that it’s only available to Android users and is accessible directly on Parimatch’s website. Still, the mobile browser version has the same features as the desktop site, so iOS users can also engage with this bookmaker. The mobile app includes an optimised layout for Android users, and you can check out our review dedicated to the Parimatch app.

Parimatch Mobile Site Review

The mobile site adapts flawlessly to any device, and here’s how to use Parimatch’s mobile version without the app. Thanks to large and well-animated tiles, its responsive design allows for effortless and intuitive navigation. The menu moves to the bottom of the screen for quick access, even on big screens. You’ll find shortcuts to your profile, the sports and casino sections, as well as the bet slip. There’s also a menu in the bottom right corner to access more options like the FAQ, customer support, settings, and more.

Parimatch Casino

In addition to the sports section, the Parimatch games section features a full-fledged online casino. There, players can enjoy a wide variety of online Parimatch slots from reputed providers, table games like Parimatch Blackjack, live dealer games like Parimatch Lightning Roulette, instant games, and TV Games. There are also unique games like Parimatch Dice Duel. The Parimatch casino provides entertainment when the cricket season ends.

Parimatch Bonuses And Promotions

Parimatch has bonuses and promotional offers dedicated to sports fans and even some for cricket lovers. When creating the account, it’s possible to claim a 150% bonus of up to ₹20,000. There are also free bets, parlay boosts and insurance bets. Some offers depend on ongoing sports events like the World Cup. More information about Parimatch bonuses is available here.

Parimatch Customer Support

If there’s any issue with the services provided by Parimatch, the platform offers an FAQ section to answer the most common questions. However, sometimes that’s not enough, and there’s a need to speak with an agent. In this case, Parimatch has an online chat with dedicated agents who are ready to solve issues 24/7. You’ll have to go through a chatbot first, and there isn’t always an option to speak to an agent. For more complex queries, Parimatch has a dedicated email address. If you’re a keen social media user, you can also follow and interact with Parimatch via Facebook, Instagram, YouTube, X (Twitter) and Telegram.

Does Parimatch Have an Office in India?

Partimatch doesn’t explicitly state whether there’s an office in India or not. But, we did see that the company operates from Curacao, the same place it got its licence from.

Who Owns Parimatch?

Parimatch is owned and operated by Castianes B.V. (reg. number 159965), which is a company established and registered in Curacao. Its address is Emancipatie Boulevard Dominico F. “Don” Martina 31, Willemstad, Curacao.

Parimatch Alternatives

Parimatch focuses on cricket, and it’s very popular because of it. However, some players may find that there are better choices for them. In this case, here are alternatives to Parimatch.

Parimatch for Sports Betting: Our Final Thoughts

Our Parimatch betting review highlights that it’s a prime choice for cricket enthusiasts, as it offers a vast selection of competitions. Moreover, the bookmaker clearly understands the Indian market, thanks to the range of events and odds, plus the promotions for cricket. Payment methods cover the most popular Indian banks, so chances are you’ll find yours available as a payment option. We also like how cryptocurrency can be used. The mobile app is only available on Android, but the site is mobile-ready with an intuitive UI accounting for touchscreen displays. Customer support is available 24/7 via online chat, even if you have to deal with a chatbot first. There’s also an email address for more technical issues. Lastly, we couldn’t finish this review without pointing out that the casino section is extensive and has enough variety to keep Indian users entertained during the cricket off-season.

Parimatch Betting FAQs

Still have questions? We’ve got answers!

Parimatch is a trustworthy online bookmaker and online casino that has been operating since 1996. This bookmaker has a Curacao licence to provide its sports betting and casino game services Parimatch is also part of FederBet, an organisation that guarantees fair results and tracks down those who fix sports events.
Withdrawing money from Parimatch is quick and easy once players pass the KYC procedure. This procedure requires sending verification documents and is mandatory before the first withdrawal can be accepted. Once done, the money will arrive when the request for subsequent withdrawals is accepted.
Parimatch accepts Indian players and even has local payment methods for transactions in Indian rupees. Indian punters will find dedicated promotions about cricket and sports markets that are popular in their country.
Yes, Parimatch accepts INR from Indian players. When registering, the site adapts to the account creator's location and personal information to offer a localised experience. For Indian players, it means access to several Indian languages and local payment methods.
There are over 20 markets available at Parimatch, including cricket, kabaddi, rugby, football, and basketball. Indian players can wager before these events start or while they're happening with the live bet feature.

Parimatch

150% up to ₹20000
Payment Methods:
Tether Operations Limited
PSI-Pay Ltd.
Paytm Platform
+17