Parimatch Sportsbook Review 2024

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    Parimatch sportsbook is a betting company based in Cyprus. It was established in 1994, and over the last 26 years – it has transformed into an international gaming network of over 400 business units.

    With offices in Russia, Belarus, Moldova, and Georgia – the company has emerged as one of the CIS region’s lynchpins in the sports betting industry.

    Parimatch operates under local licenses authorized by governing bodies in Cyprus, Belarus, Kazakhstan, and Tajikistan. While it also has a franchise with local licenses in Russia and Tanzania. Besides, the company also holds an international license of Curaçao or eGaming.

    Apart from catering to the CIS countries, Parimatch has also established itself as a reputed betting company in Asia. Since 2019, the company has launched its operations in India, especially targeting the huge cricket-crazy sports fans in the country.

    To capture the Indian market, the company offers cricket betting services and a dedicated website in Hindi – India’s national language.

    Pros and Cons of Parimatch Sports Betting

    Here are the most notable pros and cons of Parimatch:

    Pros

    • User-friendly interface and signup process
    • Competent customer service which is available 24x7 to all users
    • One of the few betting companies to support Bitcoin payment
    • Smartphone app available for both Android and iOS
    • Great betting odds that provide a high chance of winning to the users
    • Quick payouts and seamless processing mechanism

    Cons

    • Due to a shortage of customer support agents, users can experience long waiting periods
    • Even though Parimatch is a prominent betting service provider in the CIS region, it has yet to adapt itself in Asia fully. It is also relatively new in the Indian betting industry.
    • The official website has little information about terms and conditions, betting tutorials, or detailed walkthroughs on sports betting

    Major Sponsorships

    The company’s sponsorship to various teams and tournaments include:

    Parimatch Bonus

    Upon signing up with a new account, Parimatch offers an exclusive 150% welcome bonus of 30.000 INR to every new player when the bonus code SB24 is used. However, the bonus is only available after making the first-time deposit during the registration process.

    The company also offers frequent promotions and incentives for both old and new players. However, there are certain prerequisites for availing of bonuses:

    Apart from different bonuses and promotions relating to sporting events, Parimatch also provides distinct promotion offers and rewards for various casino tournaments and games. The maximum bonus reward you can get is up to $500 with a 25% additional bonus for every deposit you make.

    Parimatch Betting Markets

    Parimatch provides a host of sports betting India options to cater to the needs of a diverse audience. The wide range of sports events covered by the company delivers an enthralling betting experience to sports betting lovers.

    Currently, the Parimatch website covers over twenty certified sports and eSports, virtual games, casino games, and more. Besides that, the coverage of sporting events globally includes live updates from over 30 countries in the world.

    The only downside here is that Parimatch has yet to cover major American sporting events except for NFL – which means you can’t place bets on NBA, MLS and NHL at the moment. So if you’re looking for a basketball betting site you’ll most likely be dissappointed.

    Virtual Sports Betting

    Virtual sports betting is the domain that is purely based on scheduled fixed-odds events based on a random number generator (RNG). The RNG decides the outcome based on the odds and publishes the results. The users can bet on the given odds and settle the bets once the results are published.

    The Parimatch website provides a great selection of virtual bets that are available on the left navigation section on the company’s website. You can select from various virtual sports including tennis, hockey, basketball, football, etc.

    It is important to note that as compared to actual sports, the duration of virtual games is quite limited, viz. within a short space of time. Even though all virtual sports are played electronically, they have the same features as real sports including the different betting markets.

    Cricket Betting

    Cricket betting sites Indian currency are hugely popular in the Indian subcontinent. To cater to the cricket-crazy fans in the region, Parimatch has a dedicated Indian website that offers a great range of cricket betting markets.

    Even though Parimatch has only recently debuted in India, the number of events covered by the company are being increased steadily. Some of the notable selections include:

    Within these Cricket events, Parimatch offers a plethora of betting markets, including Total Runs, Most 4s and 6s, Highest Individual Score, Most Wickets in a Match, Most Wickets in a Tournament, Orange Cap, Purple Cap, Most Catches in a Tournament/Match, and more.

    Apart from that, Parimatch doesn’t cover any other domestic cricket tournament in the country.

    Other Sports Events

    Parimatch is well-sorted in terms of other sporting events occurring all across the world. While you can bet on various basketball, eSports, MMA, and other sporting events, there is still no support for Kabaddi betting as of now.

    Parimatch Odds

    Parimatch is one of the top names in terms of odds quality and betting options compared to all betting sites in India. Reaching an average rate of 95%+, the company provides a whopping payout of scale up to 96%+ in the English Premier League.

    However, there are some restrictions on the cash option provided by Parimatch. Customers have to comply with certain conditions after which they can get cashouts with convenience.

    The cash-out option works like a live bet, where you get the chance of winning ahead of time. It also allows you to settle bets before the actual outcome. However, the option is only limited to pre-match and live betting domains. Generally, the bets are settled when your cash-out request is successful, and you receive the actual credit into your account.

    It serves as a flexible source for sports punters to modify/alter their stakes before incurring a profit or loss. Although, it also depends upon the type of bet the player has placed – still, the majority of the players gain huge profits from the cash-out option.

    Website & mobile app – usability

    The Parimatch website and the mobile app have a modern outlook with a great color scheme and sophisticated layout. While using the website, you will find a list of all the sports you can bet on, and your bet slips on the right side.

    Further, by drilling down, you can find different betting markets available for each sport, options, and odds. There is not much information about history or stats, but it feels simple and convenient for new users.

    Coming to the casino, it has a different layout, with a sidebar menu for diverse game categories with relevant icons. It has a darker background than the sports betting section with colourful icons.

    The website is highly responsive, lightweight, speedy. Even at a slower internet connection, you can easily open the website and place your bets.

    Likewise, the mobile app mirrors all the features and functions of the official website. It is available for both iOS and Android smartphones. The mobile app adds more convenience an intuitive design, even though the website can also be easily accessed on any mobile device.

    Parimatch Live Betting & Streaming

    The betting coverage and depth at Parimatch is excellent, with over thirty thousand pre-match fixtures every month covering over 25 distinct sports. And within each sport, you will find a large selection of betting options to choose from and start your betting adventure.

    Live Betting

    Live betting involves placing bets on real-time events of an ongoing sporting event. Parimatch provides fast and efficient live betting services both on its official website and smartphone app.

    In an ongoing game, odds are calculated in three ways: before the game, during the game, and a few minutes before the game ends.

    As real-time events in a game can change quickly change the odds, Parimatch’s betting information is always up-to-date and accurate.

    In the bet games section, you can check out the different games on which you can bet. Within the TV page, there are live videos of each game. This helps users to make quick decisions and place profitable bets.

    Live Streaming

    The live streaming feature lets you watch live games on Parimatch’s website. Even though the feature is not available for every game, you can watch live streams of certain games. Before watching a live stream of a game, make sure you have a sufficient account balance.

    Casino & Live Casino

    Parimatch provides you a selection of casino and live casino games. The casino category has games such as slots, jackpots, video poker, table games, etc.

    While the live casino has a large selection of 100 live casino games that you can play.

    Payment Options

    Parimatch provides several betting deposit methods to make deposits and start making bets. You can use a credit or debit card, Bitcoin, Advcash, Neteller, Webmoney, and Skrill. Generally, most transactions are free but you can also be charged for some transactions depending on the type of games you are playing.

    Parimatch provides complete transparency when it comes to handling financial transactions. By putting the best interest of players at heart, the company provides a large selection of banking options supporting different currencies with low deposit options for new users.

    In the Indian version of the Parimatch website, you can use Netbanking options starting from Rs. 551 onwards. Overall, the financial transactions are completely secured and convenient.

    A similar mechanism is applicable for withdrawals as well – however, there are exceptions when it comes to the time of crediting and limits on withdrawals.

    Customer Service & Support, Security & Reliability

    Parimatch has a competent customer support system that handles any type of complaints and queries made by the users. The service is quite prompt, and you will get immediate answers to your questions.

    Live chat is the best form of customer support, with a quick response time. Parimatch has offices in Belarus, Georgia, Romania, and other countries – which means you can also reach them out physically.

    The live chat support is available 24×7. However, due to high traffic, there can be instances when you have to wait for a long to get a relevant response from the support team.

    Apart from the live chat support, you can also use the support team’s official email to raise a complaint. In addition, Parimatch also reaches out to its customers through WhatsApp as well as Telegram.

    If you have made a new account on Parimatch, you won’t any FAQs or a dedicated help section that you can use to get acclimatized with the services. Make sure you contact customer support before placing a bet or if anything is unclear to you.

    Parimatch Advantages

    As a betting service provider, Parimatch gives many distinct advantages over other bookmakers in the market. Here is why it’s a great choice to start sports betting with Parimatch:

    Parimatch Conclusion

    Parimatch is undoubtedly one of the leading betting companies in the industry with exceptional services, reliability, and customer trust. It is fairly easy to register for a new account and you also get an attractive sign-on bonus.

    All the betting services are fully licensed and well-regulated. Parimatch gives you a large selection of sporting events to bet on, along with casino and virtual games.

    Being a renowned bookmaker, Parimatch gives you access to some of the best live betting odds tailor-made to give you assured success.

    The payment options greatly support all major debit and credit cards, net banking, and various online wallets.

    The only backdrop is the lack of FAQs and walkthroughs on the official website. You have to contact customer support through Whatsapp, Telegram, Email or even live chat.

    Arjun Jindal
    Arjun Jindal | Last Modified: September 22, 2022
    Arjun Jindal

    Due to the ever-changing offers provided by the sports betting providers, there might be some changes to our research especially bonuses and promotions. These should be re-checked on the respective provider's side. Terms and conditions apply.

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