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Parimatch Review 2023 | Parimatch Sports Betting App & Bonuses
At this point, no one knows exactly how many online bookmakers there are. Sure, getting the exact number is possible if we contact all the regulatory authorities worldwide and gather the data. But we still won’t be able to get the most accurate information. It’s because new bookmakers are popping up left and right every hour!
But it certainly doesn’t mean all of them are suitable for you. Only a couple hundred online bookmakers are worth your time and money. Parimatch is one of them. It is BetZillion’s Parimatch review for the punters.
Throughout this review, we’re going to explore the features of this brand, including:
- Banking methods you can use
- Different types of sports, markets, and tournaments you can access
- Additional bonuses the bookmaker is offering
- Your options for live betting
- How to contact the bookmaker
- Parimatch Website & Account Info
- STEP 1 – Click on “Sign Up”
- STEP 2 – Confirm Your Email
- STEP 3 – Verify Your Account
- Banking Options
- Deposit Methods
- Withdrawal Methods
- Parimatch Bonuses & Promotions
- Parimatch Welcome Bonus
- What to Bet On
- Sports Betting
- Available Sports
- Sport Competitions
- Special Events
- Esports Betting
- Parimatch Live Betting
- Live Streaming
- Parimatch Mobile Betting
- Parimatch App
- Parimatch Pros & Cons
- Is Betting with Parimatch Worth It?
- Cash Out
- Parimatch Odds
- Other Products
- Contacts & Support
- Parimatch Verdict
Parimatch Website & Account Info
Operated by MYSTECH ENTERTAINMENT BV at writing, Parimatch is a sustainable bookmaker. It operates in all major online gambling jurisdictions, including India, Canada, Tanzania, and other countries.
The website has a spotless interface. Well, it’s very well-organized. Each page is nicely optimized for the fastest possible load times. All of the important pages are linked in the footer section as well as in the main menu. So, although there are plenty of graphical elements to attract new players, it looks clean.
Before you can start exploring the essential features of this online bookmaker, you’ll need to sign up for a real money account. Many of the features are not visible to people who’re just there to check out the features.
Here’s how to create your account within a few minutes only:
STEP 1 – Click on “Sign Up”
Click the Sign Up button (top right corner) to begin the registration process. Enter your country code, mobile phone number, and password, and select your preferred currency. Make sure to check the box below the form. Alternatively, you can also register with your Google account.
STEP 2 – Confirm Your Email
When you fill out the form, click on Sign Up to get the confirmation email. Click on the automated link, and it’ll take you to the website, which will thank you for the registration. You’re now a newly signed-up Parimatch bettor.
STEP 3 – Verify Your Account
To claim winnings, you must verify your new Parimatch account. KYC checks are common these days and require you to send some documents to the sportsbook that will verify your identity and allow you to bet and withdraw without restraints.
For the longest time, payment methods have been a bottleneck in the iGaming industry. Both sports bettors and casino players have faced the same problem. You can’t use your bank account directly to make a deposit. You must opt for an intermediary.
|Deposit Charge||Free of charge|
|Withdrawal time||Up to 5 working days|
However, the online payment paradigm has improved dramatically in the last decade. Most reputed payment processors you know now allow gambling transactions, giving you the needed opportunity.
Parimatch has highly tailored its payment methods library as a premium gambling site. As a result, it’s not the same for all countries. We will try to capture the complete picture of the deposit and withdrawal methods at this betting site.
You can use your Visa and MasterCard in India, offered by SBI, ICICI, Yes Bank, and Kotak Mahindra Bank. You may also use wallet and bank transfer options like Rupay, Paytm, PhonePe, and UPI.
In other accepted countries, you can use usual methods like NetBanking, Skrill, Neteller, Neosurf, Interac, Trustly, and many different ways. We’re trying to establish that all available methods in your country will be available for deposits.
In India, Parimatch allows as low as ₹10. For Canada, it’s $20. Similarly, other countries will have a similar range of minimum deposit requirements.
A somewhat similar range of features is available for real money withdrawals. You may use any of the site’s methods if it’s not a prepaid method. Prepaid payment options are not suitable for withdrawals anywhere in the world.
The minimum withdrawal requirement for Indian punters is set at ₹1,000. Like everything else, this value will also vary based on where you are. The withdrawal time is one of Parimatch’s strengths. It boasts near-instant payments except for bank transfers, which may take 48 hours.
In our opinion, bonuses play an important role in making an online sportsbook likeable to punters. Parimatch knows it very well, and that’s why it offers all kinds of bonuses.
However, the bonuses are not the same across all countries. It may be a monetary bonus, a Parimatch free bet, a bonus on a Parimatch system bet, and other rewards.
- 📌 Free bets
- 📌 Welcome (sign up)
- 📌 No deposit
For the most part, our concern is the welcome bonus because it’s the first thing you’ll come across, no matter where you’re located. So, let’s explore your options and move to other sections of our Parimatch bookmaker review.
Parimatch Welcome Bonus
As we already said, the bonuses at Parimatch sportsbook are not the same for all jurisdictions. It goes for the welcome bonus or the new player bonus as well.
For example, a Canadian punter can claim a 150% match bonus on their first deposit of up to $1,500. The minimum deposit requirement is only $20.
In India, however, the bonus is a whopping ₹20,000 on your first deposit. It’s a 150% match bonus too.
As you can see, the bonuses share some similarities, but due to the huge geographical and political differences, the bonus amounts become quite different.
The universal wagering requirement at Parimatch is 8x the bonus amount. You must maintain a minimum of 1.75 odds during this time to ensure that you comply with the bonus policy.
18+ New Customers. Opt In, bet £5 (odds 2.00+) within 7 days of registration & get 2x £10 Free Bets for set events (odds 2.00+) + £10, Slots Bonus, selected games, 20x wagering to withdraw max £250. Bonuses expire in 7 days. Card payments. Click for T&Cs
What to Bet On
The whole purpose of an online bookmaker is to place bets. So, it’s only normal that we will cover your bet options in our Parimatch review. In this section, we will cover the different sports, the tournaments, and the markets offered in those sports.
|Number of Sport Games||33|
|Number of Sport Events||191|
|Live Events Daily||303|
|Live Events Monthly||9090|
|Pre-match Events per Month||6320|
Another thing you should know is that Parimatch is not only a sportsbook but also an online casino. But the casino is not our primary focus. We’re only going to cover the sportsbook-related features on this website.
If you’re not familiar yet, sports betting is the act of placing real money on sports outcomes in the hope that they win. It’s the oldest form of gambling out there. Even the Greeks used to bet on sports as a pastime activity over 3,000 years ago!
Before online betting, we had sportsbooks and racing books. When people unfamiliar with gambling hear about it, they think about horse racing betting. We believe it’s because popular culture has glorified horse racing betting.
However, betting is far more than just wagering on horse races. Horse racing betting is quite different. While many major sports share the same markets, horse racing markets are other.
So, now that you have a clear idea of what sports betting is, let’s look at the sports options for you on Parimatch.
The primary landing page on the Parimatch website is the sportsbook. It’s usually located at the bottom of the screen if you’re looking at a desktop screen. All major sports you can think of are available on this bookmaker. To get the full list of sports, you’ll need to click on the “Sports” tab on the website.
We’re talking football, cricket, soccer, handball, volleyball, MMA, cycling, ice hockey, Rugby League, baseball, basketball, UFC, table tennis, field hockey, boxing, darts, futsal, squash, water polo, and various motorsports.
Having lots of sports for betting is surely nice. But having high-voltage tournaments or competitions for the sports make the experience even more worthwhile. So, what are the contests Parimatch has, you ask? Let’s find out.
You must navigate that particular sport’s page to find active tournaments. If we take baseball as an example, the active competitions in writing are MLB, Chinese Taipei, Japanese NPB, Mexican LMB, and USA’s NCAA.
What special events a platform is offering says a lot to us. Parimatch offers mainly virtual sports as its special events. So, if you were looking for events like award shows, reality shows, or political events, those are not offered as Parimatch bets.
The virtual sports section is, in fact, one of the best we’ve seen in the business. Parimatch sports betting platform offers virtual games like football, horse racing, cricket, greyhound racing, ice hockey, basketball, and tennis.
Titles like Football Streak, Virtual Football Cup, Virtual Cricket, Spin2Win, Horses 6, Euro 2020 On Demand, etc., are some examples of what you might find. Virtual sports are computer-generated simulations, much like video games if you’re unaware. It’s just that software is playing the games instead of real players.
We have disappointing news for Esports bettors. Parimatch has made quite the name for itself, but it doesn’t offer any Esports titles for gambling. Yes, we’re just as shocked as you because we expected more from this renowned platform.
Then again, you never know when an operator might bring changes to its strategy and start offering new things.
Parimatch Live Betting
Live betting has become an important part of the sports gambling industry recently. It’s the option to bet on a match when it’s live. Unlike pre-match bets, live bets allow you to craft your bet slip in real-time to maximize your chances of profit.
On the Parimatch online website, there is no dedicated section for live betting. However, all the live events are listed along with the other bets. And the sports with an ongoing live match have a “live” tag.
For example, there were live matches for cricket at the time of writing. Once you click on the tab, you’ll come across all available games. You can also sort them by matching starting within 1 hour, 2 hours, or 12 hours.
Live streaming and live betting go hand in hand in the gambling industry. A streaming service complements the in-play betting features, making the experience more immersive for the punters.
Parimatch offers live streaming, something we knew before starting this review. It’s because the operator is very well-known worldwide, and it wouldn’t have been possible without including a streaming service.
The matches with a streaming facility have an additional icon on the listing. It somewhat looks like the YouTube logo. You get the idea. To access the live stream for a match, you must click on that icon. Make sure you’re logged into your account. Otherwise, it won’t work.
Parimatch Mobile Betting
Whether we’re doing our Parimatch UK review, India review, or Canada review, mobile betting will always play an important role. It’s something modern punters cannot do without. When was the last time you spent an entire day without touching your phone? Isn’t the reason obvious?
The first thing that comes to mind for mobile betting is the website. From all browsers, the Parimatch website loads quickly. The placement of the graphical elements is different from the desktop layout. But there’s no break in immersion, and the site is very well-optimized.
Parimatch didn’t stop at optimizing the mobile site alone. It has also designed 2 distinct apps for Android and iOS users. You can download them directly from the website or visit your device’s app store to search for them.
Now, the regulatory requirements for Google Play Store vary from jurisdiction to jurisdiction. Google doesn’t allow gambling apps on the Play Store in many countries. In that case, your only option is to download the app from the website.
Apple users, on the other hand, are free from such debacles. The Parimatch app is available on the App Store in all accepted countries.
Parimatch Pros & Cons
Let’s summarise our Parimatch review with the most prominent pros and cons.
Is Betting with Parimatch Worth It?
We have thoroughly analyzed all the benefits and drawbacks of the Parimatch bookmaker. The sportsbook totally deserves the attention of every bettor worldwide. It has numerous features making it one of the leaders in the sports betting market. What we like most is its great variety of banking methods, numerous promotions, and convenient live-streaming options.
Parimatch allows cashouts for live and pre-match bets in traditional top-tier online sportsbook fashion. If you’re not already aware, the cash-out feature allows you to settle your bets before the event ends. It is a great way to pull a stake if the outcome is not in your favour.
An important thing to note here is that not all sports may qualify for this feature. For example, only football, tennis, basketball, snooker, horse racing, badminton, and table tennis betting options offer cashouts in the UK.
Odds are what make sports betting possible. In traditional practice, odds refer to the likelihood of an event. If we say that the odds of snowing (if you live in a winter-ridden country) are high, there’s a chance it might rain.
How did we know it, you ask? We might have looked at the sky or followed the weather program on TV to make such a comment. The odds at an online or offline sportsbook work in the same way.
|⚽ Football||94.52 %|
|🏀 Basketball||95.23 %|
|🎾 Tennis||92.83 %|
|🏏 Cricket||92.78 %|
|👍 Overall||94.96 %|
But sports odds also project how much you can win from a bet. If it’s decimal odds, the number you see associated with a match is a direct multiplier. For fractional odds, you know a ratio of your profit to stake. And for American odds, it’s the number associated with a $100 wager.
However, this is not a guide for sports odds. Rather, it’s BetZillion’s Parimatch sportsbook review. The odds are very competitive and projected with the punters’ interest in mind. You can compare the odds with other bookmakers to check whether what we’re saying is true. And you can expect all 3 formats.
Parimatch is not only a bookmaker but also an online casino, a TV games platform, a Bingo hall, and a live casino. You can access all of these products from the website’s main menu. The great thing is that you can use your existing account for all features on the Parimatch website.
The support structure had to be phenomenal to cater across all the countries Parimatch operates. You can contact the agents via online chat, Telegram, Viber, What’s App, and support email. And it is, according to our Parimatch review.
|Support email||[emailprotected]; [email protected]|
|Support Phone Number||+44 7537416837 (UK); 0 800 210 410 (UA); 8 800 350 6016 (RU); 8 820 0321 0505 (BY); 992 00 199 1777 (TJ); 0 800 600 20 (MD); 998 949 331201 (UZ)|
On the website’s main menu, all contact information is listed very nicely. It’s going to change depending on where you are in the world. The website also has a very inclusive FAQ section, answering punters’ most commonly asked questions.
The bottom line of our review is that we’re very much impressed with Parimatch’s elaborate operations worldwide. It has brought the best sports betting to each jurisdiction by customizing the features on separate domains. All you have to do is sign up to enjoy the benefits.
Frequently Asked Questions
Is Parimatch Legit?
Parimatch is a legit online bookmaking company based in Cyprus. It’s currently licensed by Curacao eGaming. Remember that bookmaker operator are not the same across all jurisdictions. But all of them are based in Curacao, so the same license applies.
Who owns Parimatch?
Sergey Portnov is often credited as the owner of Parimatch. However, it’s not entirely true, as Sergey is the board’s co-owner and chairman. So, technically, there is no single owner of this company.
Is Parimatch Trustworthy?
Of course. As you may already know from our review, Parimatch operates worldwide and has a massive market share in pretty much all of them. In India, it’s considered the most popular platform. If more than a billion people can trust Parimatch, it’s trustworthy enough for us.
How to bet on Parimatch?
To bet on Parimatch, you’ll need to take care of a few things first. Namely, you need a real money account, a payment method in your name to deposit and withdraw, and an understanding of how sports work.
How do you withdraw from Parimatch?
According to the withdrawal policy, you can request any withdrawal amount as long as the balance is in your account. You can request it from your account interface. It usually takes between 1 to 3 days for punters to receive their money.
Is Parimatch legal in India?
Well, India is an unregulated iGaming jurisdiction. It means the government doesn’t have any policies to regulate online gambling. So, yes, Parimatch is legal in India.
What is a system bet in Parimatch?
A Parimatch system bet is different than you might already know. Technically, it’s a 26-fold accumulator. You can include up to 26 selections on a single wager to stack your odds and increase your winnings exponentially. However, you must come victorious on all fronts to win this bet.
What is a parlay bet in Parimatch?
In simple words, a parlay bet is a single wager consisting of multiple selections. Usually, when you have at least 4 choices for a particular bet, it’s considered a parlay bet in Parimatch or any other bookmaker.
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Jimmy is our on-duty tipster and writer. His favorite sports are cricket, tennis, and basketball. If you’re looking for the best betting tips in the business, Jimmy’s your guy. His tips and events previews are among the most read at BetZillion.
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