Parimatch Review

A big-name betting site expands into India

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Parimatch Review

A big-name betting site expands into India

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review by: Jim

Parimatch are a betting site that has recently expanded into India. Their mission is “to offer the best quality betting products to a growing global community of risk-takers.” Our Parimatch review will tell you everything you need to know about the services they provide. They’re a bookmaker that has made their name in Europe and they now welcome Indian residents. As well as sports betting, they have a range of live and traditional online casino options available.

Whether it’s the choice of odds, range of payment methods or bonuses in India, we have it all covered. It’s important to know what to expect from an online bookie before signing up and you’ll find all the details below. Let’s check out what Parimatch has to offer as a cricket betting site in India and beyond.

Parimatch Welcome Bonus – ₹4000 Sign Up Bonus

Sports fans will be pleased to see Parimatch offering a dedicated welcome offer in India.  This is open to anyone opening a new account online. The offer works as a 200% bonus based on your first deposit after joining, up to ₹4000. Seeing the bonus available in Rupees (INR) is a great start, it shows Parimatch is not only welcoming to Indian residents but they’ve designed a welcome bonus that caters to their needs.

Parimatch India Welcome Offer

Register for a new account and tick the box “activate deposit bonus”. This will ensure you’re eligible for the welcome offer. Then, simply make a deposit of at least 300 INR via any of the available banking methods such as Skrill or Neteller. There are no restricted payment methods as you may find with other betting sites. The amount available is directly related to the first deposit so it’s worth considering before adding funds to your account for the first time. The promotional funds will be added to your account automatically within 24 hours.

From there, they need to be wagered a minimum of 10 times on bets with odds of at least 1.50. Only sports bets count towards this process, not casino activity. You should find plenty of cricket odds for this process. This must be completed within 7 days of registration and needs to include five or more bets. Bets that are cashed out won’t count towards the bonus rollover either. If the bonus conditions are satisfied within 7 days, you’ll be able to withdraw whatever funds are available in your account.

How to Sign Up with Parimatch in India

  1. Visit the Parimatch site
  2. Click to register for a new account
  3. Provide a valid telephone number, date of birth and pick a password
  4. Select the “activate deposit bonus” tick box
  5. An SMS code will be sent to your telephone number for verification
  6. Complete your sign up with all required personal information
  7. Make a qualifying deposit of at least ₹300
  8. The deposit bonus will be applied within 24 hours
  9. Complete a 10x rollover on the bonus on sports odds with odds of at least 1.50
  10. The bonus will be active for 7 days following registration

Parimatch Sign Up Bonus – Terms and Conditions

 

  • Bonus offer is available only for new customers of Parimatch.

 

  • The bonus offer can be used only within 7 days of the date of registration.

 

  • To participate in the bonus program, you need:

 

  • to fund your account with one payment for the minimum amount of 300 INR within 7 days of the date of registration;

 

  • to fill in all fields with personal data in your account.

 

  • The maximum bonus amount is 4 000 INR.

 

  • Offer is valid only for the first deposit of your account.

 

  • Bonus funds will be credited within 24 hours of when the first promotional deposit is made.

 

  • In order to withdraw the bonus funds, you must bet them ten times with odds of not less 1.5 within 7 days of the date of registration.

 

  • In case of fraud suspicion and / or abuse of the bonus funds using, the company Parimatch reserves the right to apply individual rules of the bonus “win back” to this customers category according to item 7.2 of these terms and conditions.

 

  • In order to withdraw the amount of bonus, you must place five bets with odds of at least 1.5 each equal to the bonus amount, respectively.

 

  • Bets settled with odds less than 1.5 and returned by CashOut service are not considered in “win back”.

 

  • The bonus is “won back” if the account balance is less than the amount of minimum bet amount in the game account currency or all bonus conditions are satisfied.

 

  • If after 7 days from the moment of registration, the conditions of “win back” is not fulfilled, the bonus amount will be written off from the balance of the account. If at that moment the account balance is less than the bonus amount and there are unsettled bets, then all winnings for these bets will be written off until the full bonus amount is written off.

 

  • The option to withdraw the betting account will be temporarily limited until the bonus conditions are fulfilled.

 

  • The bonus offer can be used only once.

 

  • The bonus is awarded on condition of the availability of a deposit in the account. If the deposit is withdrawn before the bonus is credited, the Company reserves the right to refuse to award the bonus funds to the client.

 

  • In case the deposit is partially or fully transferred to other products (Casino), according to the bonus terms, the Company reserves the right to refuse to provide the client with a bonus.

 

  • Bonus funds credited to the client account can be used only for bets on sports events.

 

  • The client automatically agrees to the terms and conditions of this promotional offer during activation the bonus at the time of registration.

 

  • The possibility to refuse the bonus funds is only present on the stage of registration while activation of bonus offer.

 

  • The bonus is available only for one betting account per person, family, apartment, computer or IP address. In the case of suspected fraud committed through multiple registrations (fake account, playgroups), Parimatch will void the bonus and winnings owed to the user. If the second account was registered, then bonus will be removed and all bonuses and winnings may be annulled.

 

  • The Company reserves the right to cancel the bonus and / or to refuse a client in its providing without explanation, if during the game account checking there are suspicions of fair play breach and using strategies that the company considers fraud at its discretion. Annulment of bonus funds is possible at any time without prior notification of the client, but not after the withdrawal and / or of “win back” of the bonus. In any disputes, the decision of the Company’s authorized officials will be final.

 

  • The Company reserves the right to carry out the procedure of verification of the gaming account holder, as well as tosh suspend the bonus enrollment to the account at the time of the verification procedure.

 

  • This offer is available for customers who have only one registered betting account.

 

  • These terms and conditions may be changed and amended during the period of the Campaign or at any other time.

 

  • In case of contradictions regarding the interpretation of the paragraphs of these terms and conditions, the interpretation of the organizer (Parimatch company) is considered to be final and binding for execution.

What Other Promotions are Available?

As Parimatch are new to the Indian betting market, there aren’t any bonuses available for existing customers betting on sports. There may be more to come in this area in the future of course. If new bonuses are revealed we’ll update our Parimatch review with all the details. However, as an all-round bookie, there are some interesting rewards on offer in the casino section of their site. We know that many bettors enjoy wagering on multiple products, not just sports like cricket, hockey, or football so these may be of interest to you if that’s the case.

Live Casino – 10% Weekend Refund up to 35,000 INR

Parimatch also have a live casino refund offer which runs every weekend. You can apply to get 10% of any losses incurred on a Saturday and Sunday back the following Monday. If you play and win, great! Nothing changes. If not, you can get a piece of your losses back the following week. Love the thrill of live casino games? They bring all the excitement of a visit to a physical casino without having to travel anywhere. Live dealers bring a realistic experience to players wherever they are in the world.

With classics like blackjack and roulette, there’s a huge range of games to pick from. Remember that Parimatch is based in Europe, so their definition of a weekend runs from 00:00 Saturday to 23:59 Sunday in Western European Time. The limit is $500 per account, $1000 for VIPs. The currency conversion for customers in India is set at 70 INR so standard accounts can claim up to 35,000 INR with this offer. The minimum to qualify is $5 so 350 INR for those based in India. Full terms and conditions apply.

How Do I Claim a Refund?

  • Wager on Live Casino games as normal on your Parimatch account on Saturday and Sundays
  • If you make a loss, email [email protected]
  • Emails need to be sent no later than the Monday following the weekend
  • The title of your email should be «Refund in Live Casino»
  • Include your account number
  • Any bonus earned will be credited to your account within 72 hours

Casino Bonus Calendar – Free Spins on Slots, Cashback and More

If slots are your game of choice, there are daily bonuses in place. Parimatch have a different reward every day of the week including deposit bonuses, free spins, and cashback. These are for different amounts and games depending on the day. This way, you can choose your bonus depending on which day suits your playing style best. If you’re into 3D slots, opt for 20 free spins on a Monday, prefer a deposit bonus? Friday’s 50% bonus and free spins might be your best bet. Perhaps you want to take advantage of both. All the details are available in the casino section once you’re logged into your account.

There are 267 casino games available with Parimatch. They’ve got titles from 34 different providers to give customers a great all-round experience. Popular titles include Book of Dead, Divine Fortune, and Gonzo’s Quest. With huge jackpots to be won, slots can provide massive returns from modest stakes if you get lucky. All the latest details are available when you’re logged in as well as the terms and conditions to apply to these bonuses.

 

Is Parimatch Safe and Secure?

It’s good to see that Parimatch are employing plenty of security tools to help ensure a safe online betting environment. Their website confirms that SSL (Secure Socket Layer) encryption is in place for all data transfer at a 256 bit level. Such a process ensures that all personal information remains secure and can’t be accessed by anyone else during the transfer between bettor and bookmaker. This has been confirmed by international agency Thawte who check that everything works as expected.

Multiple Passwords add Another Layer of Security

A password is required to register for a new account. This is standard of course. However, Parimatch requires their customers to register another password purely for financial transactions. This includes the withdrawal of funds or change of personal information. A secret question is set up at the same time to ensure there is a way to retrieve the password if you forget it, and it’s encouraging to see that safety and security is clearly a priority to the company.

How Long Have Parimatch Been In Business?

Although Parimatch may be relatively new to the Indian market, they’ve been in the betting business for many years. Founded in 1994 in Kiev, they have many years of experience in taking bets and offering their customers a good level of service. Traditionally they’ve operated in eastern European countries such as Ukraine and Russia, offering betting in person.

They launched online betting in 2000. This makes them one of the more established players in terms of wagering on the internet. More recently they’ve become a truly global operation, extending their services to 20 countries and handling over two billion US Dollars of bets. They’ve added a host of big-name brand ambassadors in the last few years including UFC superstar Conor McGregor and former heavyweight world champion Mike Tyson who you’ll see dotted around their Indian site on promotional banners.

The McGregor partnership is no surprise, Parimatch are currently the UFC’s official betting partner for Europe, Middle East and Africa (EMEA). The deal was part of a bigger rebranding exercise that has seen the bookmaker become very visible across major sporting events in their target markets.

Where do Parimatch Hold Their Betting Licence?

It’s always a positive sign to see that a betting site is licenced in a trusted, well-known region. Parimatch holds a licence in the Caribbean island of Curacao. This isn’t unusual for online bookmakers operating in India, with several other bookies also holding registered with this authority.

Curacao eGaming has been in the business of regulating providers of sports betting, casino games and lotteries since 1996. They’re very experienced at ensuring the quality of service is high. Although they aren’t as strict on areas such as responsible gambling, we’re confident in the standards required when it comes to holding and processing personal and financial information.

Banking Methods at Parimatch – A Great Choice for Betting in India

When it comes to betting online, Parimatch has a good choice of banking methods available in India. A variety of payment choices for making deposits and withdrawals is a good sign of a bookmaker that understands the local market. Listing popular methods such as Skrill, Neteller and MuchBetter is a big advantage for betting in India.

They allow players to register the details of their online wallet, rather than a bank account or debit card. This adds an extra layer of protection for customers. With this in mind, it’s no surprise to see these kinds of banking methods as some of the most popular available in India.

Parimatch offers several different alternatives too, including the traditional Visa and Mastercard options plus Ecobanq and JetOn. Given the number of choices and low minimum deposits with the likes of Skrill, this is a definite positive for those considering signing up for an online betting account.

How Fast Are Withdrawals Processed?

Withdrawals are made in a few days, which is pretty standard. No one wants to wait around for their funds to be returned from a betting site. Usually, online wallets such as Skrill see your money returned faster than traditional methods such as debit cards or bank transfers, but there’s no guarantee on this.

The one factor that could slow this down is the customer verification process. It’s necessary for anti-fraud and money laundering. This is simple enough to complete though, and once it’s finalised you should be able to move money in and out of your Parimatch account very quickly indeed. This is the sign of an established bookmaker that is used to processing many financial transactions from their customer base.

Although transactions are processed without fees from the bookie side, be sure to check with your financial institution to see if they’ll apply any additional fees.

Parimatch is an INR Betting Site

Being able to bet in Indian Rupees is very useful for customers. INR betting sites mean that players don’t have to worry about currency exchange fees. Deposits and withdrawals can be made in one currency, ensuring that the amount available to bet in your account is exactly as you expected with no reductions. It also means that you get an easy way to keep up to date with your bankroll and what it’s worth, rather than converting from another currency such as Euros or US Dollars.

Instant Deposits with No Fees

Each deposit method is processed instantly with Parimatch. There is no waiting around for funds to be added whether you’re using an online wallet, mobile payment provider or bank card.  According to the website, there are no fees in place regardless of the banking method you choose. With deposits available in Rupees, this means an easy process of adding money into your betting account.

Deposit and Withdrawal Limits at Parimatch

There are different minimum and maximum deposit amounts depending on which banking method you choose. Skrill is the lowest, while Ecobanq transactions require a transaction of at least 1000. It’s worth keeping this in mind when choosing how you fund your account.

Banking Method Min Deposit / Max Deposit Withdrawal Time
Bank Transfer ₹551 / ₹49999 1-3 Working Days
Visa ₹300 / ₹40000 1-3 Working Days
Mastercard ₹300 / ₹40000 1-3 Working Days
Ecobanq ₹1000 / ₹40000 1-3 Working Days
MuchBetter ₹300 / ₹100000 1-3 Working Days
Neteller ₹300 / Not set 1-3 Working Days
Skrill ₹50 / Not set 1-3 Working Days
Jeton ₹1000 / ₹100000 1-3 Working Days

Cricket Betting at Parimatch

Having launched their site in India, we’d expect to see cricket at the top of the agenda for Parimatch. That certainly appears to be the case. Cricket is the top sport on the “Most Popular” section. This is a good sign that the betting site recognise the importance of India’s obsession with cricket. At the time of writing the number of competitions is limited, but we’re told to expect plenty of markets when the action returns. We’d expect an Indian-focused bookmaker to have a host of markets available, both outright odds such as tournament winner, plus match-by-match markets covering Test, One Day and Twenty20 formats. These should include competitions such as:

  • IPL 2020
  • International Series Involving India, Pakistan and more
  • T20 World Cup 2020
  • 2023 Cricket World Cup
  • Vijay Hazare Trophy
  • Ranji Trophy
  • Big Bash League
  • Caribbean Premier League

Click the Star to Add an Event to Your Favourites

One feature that we really like at Parimatch is the favourite option. There’s a star next to championships or events. If you select this it will automatically be added to a list specific to your account. This way you can find the markets you’re most interested in at the touch of a button, saving time and effort. Whether it’s the latest IPL odds, an upcoming Test series or another sporting event, we think this is a really useful option.

Parimatch India Live Betting

Get the Latest Odds on Football, Tennis, eSports and more

We know that betting on cricket is likely to be our readers’ primary aim, but it’s always good if a bookmaker has a good range of other odds available. Parimatch certainly fits that description. The bookie has prices on a host of other events including football, tennis and UFC. These are sorted by popularity, which is a nice touch. It should make finding the market you’re looking for easier. Cricket is at the top of course, but you can scroll down to browse the others. If it’s not listed in the most popular section, there’s a full A-Z list on offer further down the page. The odds are competitive with margins that aren’t too big.

This includes eSports too. We know this is a growing market with many fans around the world. You’ll find odds on a host of games from across the landscape including:

  • Dota 2
  • League of Legends
  • Counter-strike (CS:GO)
  • Overwatch
  • Rainbow6
  • Starcraft 2
  • King of Glory

Parimatch Apps Available on iOS and Android

Betting on a mobile app is becoming very popular in India. The freedom to make a wager from your smartphone or tablet is a great option. Thankfully, Parimatch have apps available for both iOS and Android users. They’re easy to download in the App or Google Play store.

You’ll find the same choice of odds and bonuses available whether you’re on a mobile or desktop device. Don’t want to download the app? It’s easy to access a mobile version of the Parimatch website if you would prefer that option. It works in a similar way to the main site but has some nice touches which make it easier to use on a smaller screen.

What to expect as an Apple User

We checked out the Apple version and were pleased to see it promises plenty of great functions including cash out. Everything loads quickly meaning no waiting around to place a wager, especially useful for live betting. It offers good design so you should be able to find odds you’re looking for easily. We were impressed by how easy the navigation was, including a text search which is a really useful feature. The central button at the bottom of the screen is your go-to location, it launches a menu that leads to the latest matches, your favourites as well as poker and casino.

At the time of writing it’s very highly-rated in the App store too with many positive reviews from customers who are enjoying the experience. This is good to see and shows that Parimatch is a betting site that you can trust on your phone or tablet. We can certainly see why the existing customers are impressed based on our testing for this review.

Live Betting – Get the Latest Cricket Odds

We know how many cricket fans look to live betting as a source of entertainment. With matches lasting a few hours up to five days, there are few sports that offer a bigger range of live wagering opportunities than cricket. Being able to assess the teams, weather and pitch conditions are all really useful before placing a bet. Thankfully, Parimatch appears to have a very good live betting system in place, including the cash-out feature on selected markets. The odds are regularly updated and there’s a good choice of options once the events get underway.

Live Streaming Is Available

We can see that there is an icon for live streaming next to certain events so we investigated what was on offer in India. Betting sites can be a useful resource because they’re sometimes able to secure the rights to show certain events even if there is an existing broadcast deal in place. It’s a great way to stay up to date with the latest matches from different sports as well as following your picks.

A live chat agent confirmed to us that live streaming was in place for the following sports

  • Football
  • Basketball
  • Tennis
  • Hockey
  • eSports

However, they couldn’t confirm specific competitions for any live streaming sports. Because of this, it’s worth checking the website and seeing where you see the TV symbol to check out what’s available. At the moment, there is no cricket available on this service, but we were assured this would be added if there was an opportunity to do so. As always, it’s important to check the terms to access live streaming. Often this requires a funded or active account.

Does Parimatch have a VIP Program?

At the moment there is no firm information about a VIP program in operation at Parimatch in India. We confirmed via a live chat agent that a scheme is in place for casino and sports bettors, but there were no specifics about what is on offer. This isn’t unusual, many bookmakers don’t openly discuss the benefits that are in place for those with bigger bankrolls. If any more information is available on a VIP or loyalty program at Parimatch, we’ll update this section with the relevant details.

Customer Support at Parimatch – Get Help via Live Chat, WhatsApp and more

In the event that you need to contact Parimatch, they have a good choice of customer support options. Simply click the “Support” option on the main menu on desktop or mobile app. You’ll be presented with the various ways to get in touch with the bookmaker. These include live chat, a dedicated email hotline for queries in India as well as a Telegram account and support via Whatsapp. It’s good to see numerous choices available for anyone who has a query about their account.

Parimatch email support: [email protected]

WhatsApp support: +447059761859

Telegram support: @ParimatchINDIA_bot

Live chat is available 24/7

No matter when you need to speak to someone at Parimatch they will be there to help. The live chat function runs 24 hours a day, 7 days a week. We confirmed this with their agents who provided plenty of useful answers. On several occasions we were connected to an agent in a matter of seconds, there was no waiting around.

Where do Parimatch Operate?

With over 25 years of experience, Parimatch have grown to become a worldwide bookmaker. From a high street bookie, they’ve added online betting to their services and expanded into many regions. They have operations in 20 different countries at the time of writing, these include:

  • India
  • Russia
  • Belarus
  • Cyprus
  • Kazakhstan
  • Tanzania
  • Ukraine

Summary – Should I Join Parimatch in India?

Parimatch are an established betting site with two decades of experience in the online gaming world. Originally based in Europe, they’ve expanded across the globe, catering to users from 20 different countries. Their welcome bonus in India is a valuable one at 200% of your first deposit up to 4000 INR, although there is a 10x rollover requirement on the additional funds.

Beyond this, they offer a good choice of odds on popular sports, including cricket. With a good choice of banking methods available with instant deposits and no fees, Indian residents should find the process of placing a bet very easy. Although there are no existing customer promotions listed at the moment, Parimatch is a safe, secure betting site that you can trust with your information and money. They have dedicated apps for both iOS and Android users in India which is great to see. Overall, Parimatch offers a good betting experience in India and is definitely worthy of consideration.

Parimatch - Pros
Indian residents welcome
Secure website including SSL encryption
Apps for iOS and Android devices
Deposits available in INR
Good choice of banking methods including Skrill and Neteller
Instant deposits with no fees
Website available in English and Hindi
Live chat available 24/7 plus Telegram, email and WhatsApp support
Parimatch - Cons
10x rollover requirement on welcome bonus
No existing customer promotions yet
Lack of cricket bonuses for existing customers
No VIP program information available

Parimatch - Frequently Asked Questions

OPEN / CLOSE ALL
Is Parimatch available in India?

Yes, Parimatch is an option for bettors in India. They even have a welcome bonus available in Rupees (INR). It offers a 200% bonus upto ₹4000.

Are Parimatch legit?

Parimatch is licenced in Curacao, a popular eGaming authority for bookmakers around the world.

Based on this and the security in place on their website and apps, we’re happy to say that Parimatch can be considered a trustworthy betting site.

Does Parimatch have cricket odds?

There will be a range of cricket odds available at Parimatch.

These include international competitions such as the T20 World Cup and several domestic cricket tournaments such as the IPL, Big Bash League and many more.

Do Parimatch have an app?

Yes, Parimatch has dedicated apps for both iOS and Android devices. Find them in the app and Google play store.