Parimatch Review

by sportsbetting24.com™
Customers from USA cannot join this betting site
Last Update July 10, 2020

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It’s not often that we see bookies who specifically target the Indian market, so we were pleased to discover Parimatch. Branching out from Parimatch’s successful Eastern European and Central Asian sportsbooks, Parimatch India is a brand new site dedicated solely to punters residing in India. Does it live up to the larger brand’s reputation? Is this a good option for Indian bettors? Continue reading our Parimatch review below to find out!

Parimatch Welcome Bonus – 200% Up to ₹4000

Parimatch’s sign-up bonus initially looks fantastic. A 200% deposit match up to ₹4000 is certainly nothing to sneeze at. With most bookies out there offering a 1100% deposit match, and others offering as low as 50%, Parimatch’s 200% seems extremely generous.

Parimatch Welcome Bonus

200% Deposit Match up to ₹4000

Min. Qualifying deposit ₹300. Max. Bonus amount ₹4000. Wagering Requirement 10 x bonus amount. Users have 7 days from date of registration to redeem bonus funds. Full Terms and Conditions apply. 18+, New Customers only.

Of course, if something seems too good to be true, it likely is. Upon closer inspection of the Terms and Conditions, players are unlikely to be able to redeem this bonus unless going for the minimum qualifying amount. The 10x bonus amount wagering requirement seems fine, until you realise that players only have 7 days from account registration to redeem their bonus.

Not even 7 days from bonus activation, but 7 days from account registration, which would put any punter who waited a day or two to make their first deposit at an extreme disadvantage. Also, if you fail to redeem your bonus and your account has less than the bonus amount in the active balance and unsettled bets, the winnings of those unsettled bets will be written off until the full bonus amount is met.

Sign-Up Offer Key Terms & Conditions

  • New customers only
  • Bonus must be activated within 7 days of registering your account
  • Only a user’s first deposit can be considered to be a qualifying deposit
  • Minimum qualifying deposit: ₹300
  • Maximum bonus amount: ₹4000
  • Wagering Requirement: 10x bonus amount
  • Odds Restrictions: 1.50
  • Users have 7 days from the date of registration to redeem their bonus funds
  • If users fail to redeem the bonus amount within the time allotted and their account balance is lower than the bonus amount, all winnings from any unsettled bets will be written off until the full bonus amount is written off
  • The ability to withdraw funds will be suspended until the bonus conditions are fulfilled
  • Bonus funds credited to a user’s account may only be used to place bets on sports events
  • 18 +, Customers residing in India only
  • Full Terms & Conditions apply

Bonuses for Existing Customers – None to Be Found

Unfortunately, Parimatch don’t have any additional offers or promotions active at the time of writing. This is a shame, as we generally love seeing the different and creative ways bookies can add value for their bettors and keep them coming back for more.

When we asked a customer service representative, we were assured that bonuses and other promotions for existing users were being worked on and would be available in the future, so keep your eyes peeled!

Is Parimatch Safe?

Parimatch is licensed in the jurisdiction of Curacao, which means we need to look at much more than just their remote gambling licence to determine if they’re safe and secure. While some licences, such as those issued by the UK Gambling Commission and the Malta Gaming Authority, are seals of trust in and of themselves, the same can’t be said about Curacao licences. This isn’t to say that a Curacao licence is necessarily a bad thing, it just means we need to check Parimatch for other indicators.

One thing that definitely inspired some confidence in us is that Parimatch is 256-Bit SSL secured at site level. What this means, in laymans terms, is that it is almost impossible for a third party to penetrate Parimatch’s site or gain access to any of their users’ data.  A major point in their favour here.

Taking a second look at their remote gaming licence (Licence Number 8048/JAZ2018-044) shows us that they received their licence from the Antillephone master licence. The reason we mention this is because Antillephone are known to carry out in-depth background checks, and look into things such as bank statements, criminal records, and proof of income before granting operators a licence.

Payment Methods at Parimatch – A Decent Selection

As a bookie that’s exclusive to residents of India, we were pleased to see that Parimatch do indeed accept Indian Rupees, and we wish more bookies would follow suit. The selection of payment methods at Parimatch isn’t exhaustive, but punters have a wide enough array of options that they should be able to look at the list of available payment methods and see at least two that they already use in their day-to-day or digital lives.

From the traditional VISA and MasterCard options, to e-wallets like Skrill, Neteller, MuchBetter, and Jeton, Parimatch have made it exceptionally easy for punters in India to deposit funds and start betting.

Withdrawal Times, Fees, and Limits

According to Parimatch’s terms and conditions, withdrawal requests can take between 1 and 3 working days to be internally processed, plus the selected payment method’s transaction times. In practice, though, we experienced same-day processing of our withdrawal requests, so these were relatively quick.

Another piece of good news is that Parimatch doesn’t charge any withdrawal fees, meaning that your entire withdrawal is yours to keep (barring any transactions by your selected payment provider, but that has nothing to do with Parimatch).

As far as withdrawal limits go, Parimatch has extremely reasonable limits, where they even have limits at all, as you can see in the table below:

Payment Method

Min. Withdrawal

Max. Withdrawal*

VISA / MasterCard

₹300

₹40,000

EcoBanq

₹1,000

₹40,000

MuchBetter

₹300

₹100,000

Neteller

₹300

NO LIMIT

Skrill

₹50

NO LIMIT

Jeton

₹1,000

₹100,000

*Limits are per transaction

Deposit Options

  • Jeton Jeton
  • MasterCard MasterCard
  • MuchBetter MuchBetter
  • Neteller Neteller
  • Skrill Skrill
  • Visa Visa

Withdrawal Options

  • Jeton Jeton
  • MasterCard MasterCard
  • MuchBetter MuchBetter
  • Neteller Neteller
  • Skrill Skrill
  • Visa Visa

Accepted currencies

  • INR - ₹

Parimatch Sports Betting

Parimatch India is still a relatively new sportsbook, though considering it sprouted from the massive Parimatch brand, that reduces amount of slack we can cut Parimatch for being “new”. Our biggest issue with Parimatch as a sportsbook is that there just aren’t enough leagues and matches available to bet on.

To illustrate our point, the relatively simple odds comparison below took us much longer than it usually does when writing sportsbook reviews. This was simply because we kept picking matches to compare that Parimatch wasn’t running bets on, which isn’t a problem we encounter all that often.

Where Parimatch does well, on the other hand, is with their selection of betting markets. If Parimatch happen to be running bets on a match, then you’re going to have tons of betting markets to choose from to really fine tune your betslip. We were more than happy with the amount of options at our fingertips once we decided on matches to bet on.

Odds Comparison

 

Parimatch

ComeOn

Team A

1.5

1.45

Draw

4.00

4.10

Team B

5.00

5.25

Overround

111.7

112.4

As you can see from the table above, Parimatch offer decent enough odds when compared to other small, regional sportsbooks. An overround score 111.7 is still relatively high, but not as high as some of their biggest competitors, so Indian punters looking for INR betting will still be able to find some decent value in Parimatch’s odds

Bet on Sports

  • American Football
  • Australian Rules Football
  • Baseball
  • Basketball
  • Boxing
  • Cricket
  • Cycling
  • Darts
  • esports
  • F1
  • Field Hockey
  • Football
  • Futsal
  • Golf
  • Handball
  • Kabaddi
  • MMA
  • Motorcycling
  • Rugby
  • skiing
  • Snooker
  • Tennis
  • Volleyball

Betting tax

  • no betting tax

Casino games

  • Baccarat
  • Blackjack
  • Craps
  • Keno
  • Progressive Slots
  • Roulette
  • Scratch Cards
  • Slots
  • Table Games
  • Video Poker

Mobile Betting Experience

The Parimatch mobile experience is actually quite a bit better than the desktop experience. There isn’t tons of wasted, blank space, the layout adapts itself into a touch-friendly user experience, and all the same functionality is retained.

Parimatch even have native smartphone apps for both Android and iOS, so you don’t need to rely on your device’s browser while building a betslip on the go. For more information on how to download the Parimatch smartphone app to your device, see below:

How do I install the Parimatch App?

  1. Register an account at Parimatch using the link above
  2. Open the site on your mobile device and log in
  3. Head to the menu and tap on “Apps Android/iOS
  4. Click the link on the page and:
    1. If using an iPhone, you’ll be redirected to the App Store where you can install the app
    2. If using Android, the .apk installer file will begin downloading. When ready, tap on the downloaded file to install the app.
  5. Open the app and start placing bets!

Parimatch’s Amazing Live Betting Experience

While Parimatch may not have the best event and match coverage of all the bookies we’ve seen in recent years, their live betting suite really does shine. Punters who head to Parimatch for in-play betting are treated to a HUGE amount of betting markets, where other sportsbooks of this size generally have much fewer.

Whether you’re looking for Over/Under bets, Handicaps, or any of the markets that players enjoy during pre-match betting, you’ll find them available for as long as feasibly possible in Parimatch’s live betting suite too.

Are Live Streams Available?

When it comes to bookies this new, this isn’t even usually a question we ask. Live streams are, typically, reserved for the biggest operators in the market. Parimatch, however, have live streaming available for all their eSports matches, as well as certain matches for other sports.

Players will need to register and add funds to their account to be able to watch the live streams, but we were able to watch tennis, League of Legends, basketball, and even a football match while placing bets. This feature alone can really elevate the in-play betting experience for a lot of punters, and combined with their phenomenal amount of available betting markets makes live betting at Parimatch work like a dream.

VIP & Loyalty Rewards

Like some other betting sites out there, Parimatch don’t mention a VIP programme anywhere on their site. However, that doesn’t mean they don’t have one. It’s not unheard of for bookies to guard the details of their VIP programme as if they were the crown jewels, and Parimatch follow suit.

The only things about their VIP programme we were able to discover is that it does indeed exist, and that it’s by invite-only, based on your account activity. If you’re a high roller, it’s likely that you’ll be contacted by one of their VIP managers.

Parimatch’s Customer Service - Less than Impressive

Parimatch are a lot easier to get in touch with than a lot of other bookies, mainly because there are SO many different ways to get in touch with them! From their 24/7 live chat, to their email address, to their WhatsApp help number, and even a Telegram bot!

What they don’t have, unfortunately, is an FAQ or help section. This means that if you can’t find the information you’re looking for, or you come across something that seems unclear (and trust us, there’s plenty of that on their site), your only option is to get in touch with their customer service department.

Our Parimatch Live Chat Experience

Our experiences with their customer service agents were a little mixed. All the customer service representatives we spoke to were polite, however we were left waiting for long periods of time for each question we asked within the same conversation. At one point, when enquiring about the iPhone app, we were left waiting close to 30 minutes for any information. The customer support agent even assured us she was still there so we wouldn’t assume we had been forgotten about or disconnected.

Another issue we had is that some of the customer service representatives have poor English, meaning that they sometimes struggled to understand our questions. One customer service agent, in particular, continued to give us information about bonuses when we repeatedly reminded them that we were actually asking about withdrawals.

Again, the customer service agents were all perfectly nice and polite, profusely apologising for waiting times, but that doesn’t change the fact that we ended up wasting quite a bit of time waiting for information that should have been easily found on their site. We suspect that the customer service agents are either juggling too many chats at the same time, or are outsourced and still unfamiliar with Parimatch and their offerings.

Parimatch Contact Details

  • FAQ: Unavailable
  • Live Chat: Available 24/7
  • E-mail address:[email protected]
  • WhatsApp: +447509761859
  • Telegram: @ParimatchINDIA_bot

Focused on India

Parimatch India, as the name might suggest, is completely focused on India. While part of a larger brand that’s proven to be popular in Eastern Europe and Central Asia, we’re happy to see a site that truly focuses on Indian bettors.

At the most basic level, we were pleased to see another bookie support transactions in Indian Rupees, meaning that punters in India don’t need to incur currency conversion fees. Beyond that, their selection of payment methods helps to get around some of the stickier sides of online betting from India.

Available Languages

  • English
  • Hindi

Main Countries

Excluded countries

  • Afganistan
  • Aland Islands
  • Albania
  • Algeria
  • American Samoa
  • Andorra
  • Angola
  • Anguilla
  • Antarctica
  • Antigua and Barbuda
  • Argentina
  • Armenia
  • Aruba
  • Australia
  • Austria
  • Azerbaijan
  • Bahamas
  • Bahrain
  • Bangladesh
  • Barbados
  • Belarus
  • Belgium
  • Belize
  • Benin
  • Bermuda
  • Bhutan
  • Bolivia
  • Bonaire, Saint Eustatius and Saba
  • Bosnia and Herzegovina
  • Botswana
  • Bouvet Island
  • Brazil
  • British Indian Ocean Territory
  • Brunei Darussalam
  • Bulgaria
  • Burkina Faso
  • Burundi
  • Cambodia
  • Cameroon
  • Canada
  • Cape Verde
  • Cayman Islands
  • Central African Republic
  • Chad
  • Chile
  • China
  • Christmas Island
  • Cocos (Keeling) Islands
  • Columbia
  • Comoros
  • Congo
  • Congo, The Democratic Republic of the
  • Cook Islands
  • Costa rica
  • Cote d'Ivoire
  • Croatia
  • Cuba
  • Curacao
  • Cyprus
  • Czech republic
  • Denmark
  • Djibouti
  • Dominica
  • Dominican Republic
  • Ecuador
  • Egypt
  • El Salvador
  • Equatorial Guinea
  • Eritrea
  • Estonia
  • Ethiopia
  • Falkland Islands (Malvinas)
  • Faroe Islands
  • Fiji
  • Finland
  • France
  • French Guiana
  • French Polynesia
  • French Southern Territories
  • Gabon
  • Gambia
  • Georgia
  • Germany
  • Ghana
  • Gibraltar
  • Greece
  • Greenland
  • Grenada
  • Guadeloupe
  • Guam
  • Guatemala
  • Guernsey
  • Guinea
  • Guinea-Bissau
  • Guyana
  • Haiti
  • Heard Island and McDonald Islands
  • Holy See (Vatican City State)
  • Honduras
  • Hong kong
  • Hungary
  • Iceland
  • Indonesia
  • Iran
  • Iraq
  • Ireland
  • Isle of Man
  • Israel
  • Italy
  • Jamaica
  • Japan
  • Jersey
  • Jordan
  • Kazakhstan
  • Kenya
  • Kiribati
  • Kuwait
  • Kyrgyzstan
  • Lao People's Democratic Republic
  • Latvia
  • Lebanon
  • Lesotho
  • Liberia
  • Libyan Arab Jamahiriya
  • Liechtenstein
  • Lithuania
  • Luxembourg
  • Macao
  • Macedonia
  • Madagascar
  • Malawi
  • Malaysia
  • Maldives
  • Mali
  • Malta
  • Marshall Islands
  • Martinique
  • Mauritania
  • Mauritius
  • Mayotte
  • Mexico
  • Micronesia, Federated States of
  • Moldova
  • Monaco
  • Mongolia
  • Montenegro
  • Montserrat
  • Morocco
  • Mozambique
  • Myanmar
  • Namibia
  • Nauru
  • Nepal
  • Netherland Antilles
  • Netherlands
  • New Caledonia
  • New Zealand
  • Nicaragua
  • Niger
  • Nigeria
  • Niue
  • Norfolk Island
  • North korea
  • Northern Mariana Islands
  • Norway
  • Oman
  • Pakistan
  • Palau
  • Palestinian Territory
  • Panama
  • Papua New Guinea
  • Paraguay
  • Peru
  • Philippines
  • Pitcairn
  • Poland
  • Portugal
  • Puerto Rico
  • Qatar
  • Reunion
  • Romania
  • Russia
  • Rwanda
  • Saint Bartelemey
  • Saint Helena
  • Saint Kitts and Nevis
  • Saint Lucia
  • Saint Martin
  • Saint Pierre and Miquelon
  • Saint Vincent and the Grenadines
  • Samoa
  • San Marino
  • Sao Tome and Principe
  • Saudi Arabia
  • Senegal
  • Serbia
  • Seychelles
  • Sierra Leone
  • Singapore
  • Sint Maarten
  • Slovakia
  • Slovenia
  • Solomon Islands
  • Somalia
  • South Africa
  • South Georgia and the South Sandwich Islands
  • South korea
  • South Sudan
  • Spain
  • Sri Lanka
  • Sudan
  • Suriname
  • Svalbard and Jan Mayen
  • Swaziland
  • Sweden
  • Switzerland
  • Syrian arab republic
  • Taiwan
  • Tajikistan
  • Tanzania, United Republic of
  • Thailand
  • Timor-Leste
  • Togo
  • Tokelau
  • Tonga
  • Trinidad and Tobago
  • Tunisia
  • Turkey
  • Turkmenistan
  • Turks and Caicos Islands
  • Tuvalu
  • Uganda
  • Ukraine
  • United Arab Emirates
  • United Kingdom
  • United States Minor Outlying Islands
  • Uruguay
  • USA
  • Uzbekistan
  • Vanuatu
  • Venezuela
  • Vietnam
  • Virgin Islands, British
  • Virgin Islands, U.S.
  • Wallis and Futuna
  • Western Sahara
  • Yemen
  • Zambia
  • Zimbabwe

Parimatch – A New Option for Indian Bettors

Parimatch may not be the biggest or the best sportsbook out there right now, but this brand new bookie is a welcome addition to the Indian online sports betting landscape. The fact that punters can bet in Indian Rupees and avoid paying fees to change currencies when depositing and withdrawing is already a huge benefit. Then, there’s also their phenomenal live betting suite and live streaming service, as well as their use of avenues such as WhatsApp and Telegram, making it extremely easy for bettors in India to get in touch with them. Add to that their native iPhone and Android apps, and Parimatch has almost everything it takes to become one of India’s favourite sportsbooks.

Pros

  • Huge amount of betting markets available
  • Great live betting suite
  • Live streaming available on a number of matches
  • Multiple ways to contact the customer support team
  • Indian Rupees accepted

Cons

  • Customer service representatives are not very knowledgeable about the product
  • Large gaps in their tournament and match support
  • Only available in India
  • Lack of information available on the website, many will need to contact customer support

FAQs

Can I bet with Indian Rupees at Parimatch?

Yes! Parimatch India accepts transactions in Indian Rupees, meaning that you don’t need to spend money paying for currency conversion fees like with a lot of other betting sites. At Parimatch, INR betting is the default, as this bookmaker is focusing specifically on the Indian market.

Does Parimatch have live streaming?

Yes! Not for every single match, as broadcasting agreements are extremely complicated and expensive, but for many more matches than we expected. This makes it a lot easier to enjoy their great live betting suite, as you can follow along the match as it plays out and you build your betslip.

How do I download the Parimatch app?

Downloading the Parimatch Android app is a little more complicated than installing the Parimatch iPhone app, but you should still be up and running in just a few minutes. All you need to do is log in from your mobile device, head to the app page, and download the installer file! iPhone users can do the same thing, but will be redirected to the App Store for easier installation.

Where is Parimatch licensed?

Parimatch has a remote gaming licence from the jurisdiction of Curacao. Specifically, from the Antillephone master licence, which is known for their robust background checks which ensure that the operator is above board and mostly trustworthy. There is currently no Indian remote gaming licence for them to apply for.

Summary Table

Parimatch Review Overview
Evaluation: 3.0
Number of Bonuses: 1
Number of Withdrawal Options: 6
Number of Deposit Options: 6
Number of Currencies: 1
Number of Languages: 2
Number of Sports: 23
Number of Casino Games: 10
Mobile Betting: Yes
Live Betting: No
Number of Excluded Countries: 249
Number of Licences: 1

Licensed by:

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