Parimatch Review India 2021

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Overview
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GOOD/BAD

Good:

  • Accepts Indian payment methods
  • Has a good selection of cricket betting markets
  • Good depth of markets in football betting
  • Has live casino games like Andar Bahar, Teen Patti
  • 24/7 live support
  • Mobile betting app available
  • Exciting loyalty programme

Bad:

  • Complicated procedure to avail sports bonus
  • No focus on responsible gambling
  • Choice of sports limited

Parimatch Overview

In our Parimatch review, you will see that it is a rare sports betting site in India that is desi to its very core. Available in multiple Indian languages – including Hindi – it focuses mainly on what we Indians like, but still has a long way to go.

Parimatch: A sports betting match made in heaven

Parimatch may have entered the Indian market in 2020, but since then, it has done a fabulous job of making itself known – online and offline. People have spoken favourably about it, and we have gone the extra mile, just to check the facts. In our detailed review of this betting site, we are going to focus on things like:

 

  • Payment and withdrawal options
  • Sports betting markets
  • Welcome bonuses and promos
  • Customer support

 

Rest assured that you will know everything you need to know about this new betting site by the end of this review and why should you join them today!

 

Is Parimatch safe?

The answer to whether Parimatch is legit or safe is a strong yes – stronger than the question of asking if you will have an exhausting working day on Monday after the weekend.

 

For starters, Parimatch holds a license that is issued, authorized and regulated by the Government of Curacao.

 

Secondly, Parimatch has roped in the likes of Mike Tyson and Conor McGregor to be their brand ambassadors. Would these big names associate themselves with Parimatch if it was an unsafe site?

 

Thirdly, Parimatch is also one of the sponsors of the Indian Super League teams’ sponsors, NorthEast United and Kerala Blasters.

 

They also have strict KYC requirements to safeguard their customer information and verify the accounts to prevent fraudulent activities. All in all, Parimatch is safe, trusted, and secured for Indian bettors online.

 

How to Sign up at Parimatch

Are you looking to join Parimatch? Check out our detailed, step-by-step guide on how to create an account below.

 

STEP 1: Go the Parimatch site and click on Sign up

 

STEP 2: Enter your mobile number and the password of your choice. Click on ‘Sign Up.’

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STEP 3: Enter the 6-digit OTP code sent to your mobile number.

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STEP 4: You will get a prompt mentioning your gaming account number. Click to continue further.

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STEP 5: You will get a deposit prompt. You can choose to do it now or later.

 

STEP 6: Go to your profile, select ‘Personal Data’ and enter the necessary information.

You can do this step later on but we recommend doing it now so that you can fully set up your account for betting.

Click on save at the end.

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STEP 7: Verify your account.

 

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STEP 8: You are ready to bet!

Review of withdrawals at Parimatch

One of the better things about Parimatch is their Indian payment methods. You can deposit money to your betting account with UPI payment options like Google Pay, BHIM, PhonePe, Net Banking, and Paytm.

 

You also have the deposit options in cryptocurrencies like Bitcoin, Litecoin, or Ethereum.

 

If you are more of an e-wallet person, then you will find your choices to be limited. You will find only the likes of Jeton, EcoPayz, AstroPay, and MuchBetter here while the popular ones like Neteller or Skrill are absent.

 

 

Remember: Your withdraw option should be the same as your deposit option. If you are depositing funds using e-wallet, you can withdraw your winnings only through e-wallet.

You will notice this in all of our reviews of Indian betting sites, where the deposit and withdrawal options must match.

 

 

Method Min deposit Min withdrawal Time
Paytm Rs. 300 Rs. 1000 Up to 24 hours
UPI/Net Banking Rs. 551 Rs. 1000 Up to 48 hours
MuchBetter Rs. 300 Rs. 1000 Up to 12 hours
Jeton Wallet Rs. 1000 Rs. 1000 Up to 1 hour
AstroPay Rs. 400 Rs. 1000 Up to 1 hour
EcoPayz Rs. 1000 Rs. 700 Up to 1 hour
Bitcoin Rs. 265 Rs. 1000 Up to 12 hours
Litecoin Rs. 120 Rs. 1000 Up to 12 hours
Bitcoin Cash Rs. 100 Rs. 1000 Up to 12 hours
Ethereum Rs. 1000 Rs. 1500 Up to 12 hours

 

We also noticed a few discrepancies. For instance, the deposit page did not show Visa/Mastercard but the same could be seen on the withdrawal page, which is very odd.

 

All deposits are processed instantly while withdrawals, depending on the option chosen, can take a maximum of 48 hours. In comparison to other sports betting sites, this is definitely faster.

 

Paytm and UPI/Net Banking are among the most convenient options here. We Indians are familiar with them, they are super fast and trustworthy.

 

Verifying your Parimatch account

As you may have guessed by now, you cannot withdraw your winnings from the site until and unless you verify your betting account. This means fulfilling your KYC obligations. Here’s how you do it:

 

STEP 1: Go to your profile, tap on ‘Personal Data’ and select ‘Account confirmation.’

 

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STEP 2: Upload the necessary documents. Aadhar Card and Bank Statement/Bank Card will do the trick.

 

These documents need to be uploaded in the specifications desired from Parimatch. In case of any difficulties, you can always reach out to their customer support.

 

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STEP 3: You’re done! Your account should be verified within 72 hours of submission.

 

How to deposit at Parimatch

 

Just like any other Indian sports betting site, adding money to your Parimatch account is a simple, straight-forward process! Thanks to their Indian payment options and deposit methods, you can add money to your account faster than ordering a pizza on Dominos!

 

Plus, they have also done a great job by providing quick, helpful documents that describe how to add the money with the desired method! Another positive in our Parimatch review.

 

Here’s how you do it.

 

STEP 1: Log in to your betting account and tap on ‘Deposit’ at the top of the page. Alternatively, you can also go to your profile, and select ‘Deposit’ there.

 

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STEP 2: Select your preferred deposit method and click on ‘Make a Deposit.’

 

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STEP 3: Enter the amount you want to deposit. Click on Continue.

 

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STEP 4: Enter your details. Think of this as a confirmation step for UPI/Net Banking payment option.

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After entering your details, you will be directed to the payment page.

 

STEP 5: Enter your Net Banking/UPI/E-Wallet details.

 

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STEP 6: Follow further on-screen prompts and complete your transaction.

 

STEP 7: The money should reflect in your account. You are all ready to bet!

How to withdraw at Parimatch

If you think depositing money at Parimatch was easy, wait till you see the withdrawals!

 

 

Remember: To be able to withdraw the funds, you need to fulfil your KYC obligations and verify your betting account. Otherwise, you cannot transfer your winnings into your bank account.

 

 

STEP 1: Go to your profile and tap ‘Finances’ and select ‘Withdraw.’

 

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STEP 2: Select your desired withdrawal method.

 

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STEP 3: Follow the on-screen prompts, enter the details and boom! The money should reflect in your account in a maximum of 48 hours.

 

Parimatch welcome bonus

Unlike other operators like Betway or 10CRIC, Parimatch is not that big on welcome bonus or offers across sports betting or online casino. To be honest with you, we found this to be a bit disappointing in our Parimatch review.

 

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That said, there are a few first deposit offers/promos that you can look into. It is also worth mentioning that these offers are highly different from what you would see at other sports betting sites in India.

 

Sports bonus at Parimatch

 

By the looks of things, Parimatch has a welcome bonus that doubles your first deposit up to a maximum of Rs.8,000. In other words, this is exactly like a 100% match bonus with a cap at 8,000 INR.

 

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However, when you click on the offer, the link directs you to the main page, with no details on the offer whatsoever. This is not what we expected when we started to review Parimatch.

 

So, we reached out to the customer support at Parimatch via live chat to get some deets and turns out, there are two types of welcome bonus you can avail! One is a 100% match bonus to a cap of Rs.8,000, and 200% match bonus to a cap of Rs.4,000.

 

I didn’t see any mention of this on their promos page at all!

 

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I was also reminded that the bonus cannot be used on casino games, multiple times.

 

Having reviewed several sports betting sites in India, this may sound like a good deal but the guys at Funbet are offering a better one. Of course, it comes down to personal preference.

 

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How to get the sports bonus

Boy, oh boy. Do you remember watching the new Coolie No. 1 and being absolutely disappointed by it? I had the same experience with their sports bonus section.

 

So it turns out, there are two ways to avail the sports welcome bonus:

 

  • At the time of registration by clicking on ‘Register’ on their promos page
  • Creating the account, making a deposit and then reaching out to the customer support to have them credit the welcome bonus

 

In the first case, it is a very straightforward process. Remember how you signed up for the account? It’s exactly like that, except with the bonus element added.

 

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In the second case, you will need to make a first deposit and then reach out to customer support. Give them your account number and ask them to credit the welcome bonus.

 

This will be done in 7 days from registration, as communicated to us by their customer support.

 

This is such a far cry from other sports betting sites in India where there is a simple promo code to avail the welcome bonus and you are done!

 

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Terms and conditions:

 

Casino bonus at Parimatch

 

Now, this is where things get a bit more interesting. While there are a couple of casino bonuses for bettors, they are not like the traditional offers you have seen on other online casinos.

 

Moreover, the bonus is applicable only to live casino! So, what’s the offer?

 

You can request a 10% refund on the lost bets in the live casino, played on the weekends. That’s right if you play in Parimatch Live Casino on weekends and lose, you can request a 10% refund on the amount lost.

 

Important terms & conditions:

 

  • You will need to contact their support at [email protected]
  • Mention your account number and other details to get the cashback/refund
  • The request must be sent on or before the end of the Monday following the weekend when you lost the money

Loyalty programme and promotions

For all its awkwardness with trying to avail sports bonus, Parimatch makes up for it with an incredible loyalty programme.

 

In fact, we will go as far as saying that we have not seen a programme like this elsewhere in our journey of reviewing Indian sports betting sites! It is this trait that has made our Parimatch review a bit more interesting.

 

The only other site where we saw something along these lines was Casumo.

 

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Here is how the Parimatch loyalty programme works: You can accrue a small bonus – a cashback, so to speak, over time during your betting journey with Parimatch, from any two sports of your choice.

 

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Think of it like your credit card, which gives you a small cashback every time you swipe the card at any of the designated shops/merchants.

 

This small bonus or cashback is calculated as a percentage of your

 

  • net profits from the winning bets, or
  • the amount of winning bets themselves

 

For example, if your net profit on a football bet is Rs.300, then your bonus collected would be 2% of that, which is Rs.6.

 

In the second case, if you have bet Rs.1,000 in total on football and won those bets, then your bonus would be 2%, which is Rs.20.

 

App review at Parimatch

One good thing about this sports betting site is that it has a dedicated mobile app for Android and iOS platforms. While the app is not available traditionally in the app stores, you can find the download link easily on Parimatch site.

 

Of course, if you are not keen on downloading the app itself, it should not be a problem at all. The site is optimised perfectly for mobile betting, allowing you to bet on your favourite tournament and sporting events on the go. Features like live chat, live betting, cash out, pre match bets, et cetera, are all available on the mobile platform too.

 

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Steps to download Parimatch mobile app:

 

  • Go to the Parimatch betting site from your mobile device
  • Click on the menu button at the bottom of the screen

 

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  • Tap ‘Apps Android/iOS’ from the menu

 

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  • A download link will pop up on your phone, asking your permission to install the app. Give the permission
  • The app will install momentarily
  • Congratulations, you now have the Parimatch mobile betting app on your phone!

Sports betting at Parimatch

Ah, we are finally here to explore the sports betting platform of Parimatch. To save you the trouble, yes, you can bet on your favourite sporting tournaments – including cricket – but your choices for other sports are quite limited.

 

Unlike other betting sites like Betway, 10CRIC, or Funbet, Parimatch is very focussed when it comes to sports. It is like it knows what we India wants and decided to put its energy only on that.

 

Events like horse racing, motor sports, volleyball, specials, politics, among other sports markets are not available here. But cricket, football, tennis, and the other biggies are something you will find easily.

Cricket betting

Betting on cricket is a big part of Parimatch platform and it is certainly not surprising to see so.

 

Indian Premier League, Big Bash League, and Caribbean Premier League are among the few international cricket leagues you will find to bet on. Additionally, you can also place a bet on other cricket matches and tournaments.

 

One-day Internationals, T20 Internationals, test matches, are obviously available here. Whether it is India vs England or Pakistan vs Australia, you can bet on any and every sanctioned cricket match across the world.

 

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Coming to markets available within cricket, they are neatly divided into different categories. You have the main market, players market, total market, and over by over market.

 

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If you want to bet on how many runs the Perth Scorchers will score by the end of the 10th over, you can do so! Or, if you want to bet who will be the top-scorer for India against New Zealand in the T20 game, go for it.

 

One thing you need to be careful of is interpreting the bets carefully. For example, if you want to bet on team A first 10 overs total, it will be an over/under market. But look at the image below:

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Over 79.5 with over and under? Sounds a bit confusing, isn’t it? Of course, we know that it is referring to whether or not the team will score more than 79.5 runs by the end of the 10th over. But why the tricky wording?

 

It is like reading an exam paper where the questions are deliberately meant to confuse you! Yes, I’m referring to you, Ms. Sharma from 8th grade Physics.

Kabaddi betting

Given that kabaddi is more of a seasonal sport in India, we did not find any kabaddi betting market on the Parimatch site. Of course, that may change when we get closer to the start of the Pro Kabaddi League.

Football betting

If there is one sport that is pretty popular on Parimatch after cricket, it is definitely football. Football betting is the second big hit after its cricket counterpart, and for the right reasons! After all, India has a massive football fan base and it is only fair to give them an opportunity to bet on their favourite soccer matches.

 

Indian Super League, premier leagues from across the world, La Liga, Bundesliga, World Cup, Champions League are among the few of the many, many tournaments available on this platform.

 

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In fact, if there is a football sporting event taking place in any neck of the woods, chances are you can bet on it at this site.

 

One thing that really took us by surprise in the Parimatch review is the depth of football markets. You can bet on a variety of things – Shots on Target, Offsides, Ball Possession, Goal Kicks, Throw Ins, Saves, Goals, Corners, and so much more!

 

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We even found handicap betting in ball possession! Can you imagine? Giving the underdogs a handicap in this scenario! That said, one thing that could be improved here is adding more player markets. It seems to focus only on big names for now but hopefully, it will change in the future as the platform grows.

Tennis betting

It is hard to imagine a sports betting site in India that does not offer tennis betting. Lucky for us, Parimatch does not fall under that category. It has a decent selection of tennis markets and is definitely attractive to tennis enthusiasts.

 

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Any sanctioned tennis tournament can be found here at Parimatch, including the Grand Slams, WTA and ATP events. Of course, if you fancy yourself a die-hard fan, you can also place your bets on low-tier events on the ITF and Challenger circuits.

Live betting feature

Can you think of a sports betting site without live betting? It is sort of like thinking of an Eid but without the biryani, isn’t it?

 

Any and all sporting markets at Parimatch will feature live betting. So, if you are not into pre match betting, you can certainly tap into this exciting mode and bet on the match live, ball by ball, minute by minute.

 

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However, there were a couple of things that could have been better, allowing for a a more wholesome, smart sports betting experience. For starters, the live betting tab did not display any kind of statistics or information about the ongoing event. In other words, you will have to follow the event elsewhere and then bet on it on the Parimatch platform.

 

Secondly, live streaming of matches is not available. We won’t hold it against them as it is incredibly difficult to obtain broadcasting rights.

Casino games at Parimatch

If you like casino games, then we urge you to give the online casino platform at Parimatch a try. There are slots, table games, live casino, and more for you to explore! Plus, with the seemingly boring casino bonus, you can definitely look to elevate your betting experience.

Live games

The live casino at Parimatch is definitely worth a praise. When we got to review Parimatch, we did not expect them to have Indian table games like Andar Bahar and Teen Patti! But that’s not all – they also have desi, Indian version of the classic live casino games like roulette and lucky 7.

Basically, the models are dressed in Indian attire, wearing a saree and flaunting a desi look to make your casino experience more authentic.

 

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With these, you can also gamble with the classics like baccarat, sic bo, poker, blackjack, and other games.

Slots

Slots are a crucial part of the casino games at Parimatch. You can filter the slots by providers, jackpot, or by simply searching for the game in the search bar. With that, you can also play video poker, video slots, 3d games, and more.

 

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Customer support

Credit where it is due, Parimatch has got itself a pretty good customer service. We had a couple of issues that needed to be resolved and their customer support team was prompt and efficient.

 

If you need to reach out to the customer service, you can do so by going to the sidebar and tapping on ‘Support.’

 

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The live chat is available 24/7. With that, you can also contact them through:

 

Response time

Mentioned below are the response time of Parimatch customer support:

Contact Method Response Time
Email 24-48 hours
Live Chat Under 10 minutes

 

In our opinion, we found this to be in line with what we have seen elsewhere in the industry. In our reviews of several sports betting sites, Parimatch certainly finds itself among the top when it comes to providing a good customer support experience.

Responsible gambling

 

You know, we at Bet India pride ourselves on following the ethos and principles of responsible gambling. So imagine our surprise when we found during our Parimatch review that the platform has no mention of responsible gambling whatsoever!

 

That’s right, we could not find any standard practices like safety measures, reality check, deposit limits, withdrawal limits, time-outs, or self-exclusion. On one hand, we have a site like Funbet that constantly reminds you of the time you’ve spent on the platform and then, there’s Parimatch where there is nothing of the sort on their sports betting platform.

 

However, they do have written about it on their information website – again, I don’t see why they cannot have the same thing put up on their sports site and make things easier for all of us.

 

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Parimatch is worth a try and here’s why

  • Focussed mainly on big sports like cricket and football
  • Good selection of casino games
  • Has Indian table games like Andar Bahar and Teen Patti
  • Optimised for mobile betting, has a dedicated mobile app
  • Live betting available
  • Incredible depth of betting markets

 

Parimatch FAQs

 

  1. Is Parimatch safe?

Yes, Parimatch is absolutely safe to bet at! It is licensed in Curacao and is affiliated with many leading personalities and sports clubs from across the world.

 

  1. How do I deposit money at Parimatch?

Parimatch accepts leading Indian payment methods and deposit options like UPI, PhonePe, Paytm, Google Pay, and Net Banking. Log in to your account, select deposit and follow the instructions.

 

  1. Does Parimatch accept Indian customers?

Yes! Parimatch is an Indian online sports betting site that accepts Indian customers and Indian Rupees. You can bet on cricket, football, tennis, and other popular sports in India.

 

  1. How do I verify my Parimatch account?

Login to your account and head to your profile. Select Personal Data, then Account confirmation. Upload your Aadhar Card picture and Bank Statement as per the specifications and you are done!

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