Parimatch India Review (2024): Is it Legit or Not?

WHY TRUST US?
WHY TRUST US?
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  • Low minimum deposit of ₹22
  • Accepts UPI, Paytm, cryptocurrency
  • Fully loaded Analytics Centre for stats-based outcomes
Our rating
4.5
250% First Deposit Bonus up to ₹10,000
CLAIM BONUS
Main Features Fast payout
In-Play Betting
Live Chat
Stats
INR
Hindi
24/7 Support
Mobile app
Bitcoin
positive
  • Low minimum deposit
  • Fast payouts
  • Top sports and casino app
negative
  • Verification process takes time
  • Shortage of long-term sports betting promotions
  • Lack of India-specific withdrawal methods

Parimatch Quick Facts

WEBSITE
www.parimatch.com
ESTABLISHED
1994
OWNER
Castianes B.V Limited Company
HEADQUARTERS
Emancipatie Boulevard Dominico F. “Don” Martina 31, Willemstad, Curacao
BETTING OPTIONS
Sports, Casino
LICENSE/S
Curaçao License
APPS AVAILABLE
, Android
SUPPORT
Live Chat, FAQs
MIN. DEPOSIT
₹22
TWITTER
N/A
DEPOSIT METHODS
WITHDRAWAL METHODS

About Parimatch

We've all heard about it: multiple sports promotions, regional payment methods, and the whole shebang! But does Parimatch deliver the knockout punch we want, or is it just flash and no payoff?

One of the best cricket betting sites in the country, Parimatch is today a household name in India. That said, are they worthy of your wager and worthy of your trust? Let's find out in this in-depth and unbiased Parimatch India review.

While compiling this Parimatch review, I found that the bookmaker:

  • Accepts IMPS, PhonePe, and UPI as part of its payment methods.
  • Features a vast sportsbook comprising cricket, football, tennis, kabaddi, volleyball, boxing, and virtual sports.
  • Has a top-notch in-play betting option.
  • Supports multiple Indian languages.
  • Has the option of live chat in regional languages.

In this Parimatch India review, I will cover all the above facets in detail, from the convenience of payment methods to the competitiveness of odds and live betting to examining the promptness of their customer support.

A screenshot from Parimatch website showing the welcome offers

Sign Up Process

5

Parimatch Login – How to Register?

Simply follow the steps below to register with Parimatch India:

  • Step 1: Choose your country code and enter your phone number.
  • Step 2: Type in your desired password.
  • Step 3: Enter your promo code (if any).
  • Step 4: Click ‘Sign up’.
  • Step 5: Enter the OTP sent to your mobile number, and you are good to go.

How to Verify Your Account?

When it comes to online betting, security is of utmost importance, and account verification is essential to avoid fraud and money laundering. However, during my Parimatch review, I discovered something interesting. With no account verification, the bookmaker permits withdrawals of up to ₹7,500. But it is only upon verification that all features become accessible to you.
  • Step 1: Log in and click the icon next to the bell (right side of the screen).
  • Step 2: Go to “Personal Data” > “Account Confirmation” (available after your first deposit).
  • Step 3: Click “Aadhaar card” and upload clear pictures of the front, back, and yourself holding it. Currently, Aadhaar cards are the only accepted form of verification.

I observed here that the Parimatch team will verify your information within 1-2 days. You can also email your documents, but I found that uploading them is always quicker.

What’s the Welcome Offer?

4.5

At first glance, the Parimatch sports welcome bonus seems like a great deal, and it actually is. You get 150% bonus money up to ₹20,000 on your first deposit, which is on par with many other lucrative welcome packages on the market at present.

That said, I will still analyse the offer for you. While it may seem that Parimatch India holds up their end of the bargain when it comes to offering a high-value welcome bonus, the fine print reveals a 16x rollover requirement, which means you have to wager the bonus sum 16x until you get to avail of and withdraw your bonus money.

T&C Evaluation

Here are some of the most important terms and conditions pertaining to the Parimatch deposit bonus. For the complete list, please visit the official Parimatch website.

  • Minimum qualifying deposit: ₹200
  • Maximum bonus: ₹20,000
  • Wagering requirements: 16x on sports bets only within 7 days
  • Minimum odds: 1.90
  • Conditions timeline: Bonus still available after 60 days will be deducted
  • Cash-out bets: Not counted
  • Bonus credit time: Within 24 hours

Payment Methods

4

While compiling this Parimatch India review, I looked at all the payment methods that the bookmaker accepts.

Fortunately, Parimatch India accepts a very low minimum deposit, starting at just ₹22 with cryptocurrency (Bitcoin cash). It also supports some of the most widely used deposit options in India, including Paytm, PhonePe, and UPI. The minimum Parimatch deposit using these India-specific methods is ₹200, making it an affordable bookmaker to start with.

Unfortunately, Netbanking is not accepted as part of its payment methods, which is quite frankly baffling, considering it is extremely secure and one of the most common banking options in India.

When it comes to withdrawals, the bookmaker currently only supports bank transfers and Astro Pay, narrowing the range of options available to Indians. In my opinion, this needs to be fixed right away. However, on the bright side, the Parimatch minimum withdrawal is just ₹500, which is very low compared to its competitors.

Here’s a list of all the deposit and withdrawal options; just toggle between the relevant tabs to switch between the two categories.

  • DEPOSITS
  • WITHDRAWALS
METHOD MIN MAX FEE
₹200 ₹10,000 ₹0
22 No upper limit ₹0
₹200 ₹10,000 ₹0
₹200 ₹10,000 ₹0
₹400 ₹80,000 ₹0

How to Deposit on Parimatch?

To deposit money into your account, follow these steps:

  • Step 1: Complete your Parimatch login and select the green “Deposit” button at the upper right corner of the screen.
  • Step 2: Choose your preferred deposit method from the options.
  • Step 3: Enter the amount you wish to deposit.
  • Step 4: Confirm the transaction and submit your request.
  • Step 5: That is all, you have successfully made a deposit. The money will reflect in your betting wallet promptly.

Can You Trust This Betting Site?

5

Is Parimatch legal in India, and can it be trusted? These are valid questions, and in this section of the Parimatch India review, I will tell you why the bookmaker is considered 100% safe and legitimate to plat with.

  • Parimatch holds a Curaçao Licence (5536/ JAZ).
  • This bookmaker has been around since 1994 and is well-known to bettors worldwide.
  • Since the operator is headquartered outside of India, it is entirely legal and absolutely safe for sports betting.
  • For every transaction, the bookmaker uses 256-bit SSL digital encryption technology and other watertight security measures. That way, you can rest easy, knowing that you’re in safe hands.
  • Lastly, if I go by user reviews, Parimatch is rated 9.0 on AskGamblers, and it boasts a 5-star rating on JustGamblers.

Cricket Betting on Parimatch

5

How to Place a Bet on Parimatch?

  • Step 1: Choose the sport and then the particular match you wish to bet on.
  • Step 2: Look for a suitable betting market with the most competitive odds.
  • Step 3: Enter the stake and click on ‘Place Bet’.
  • Step 4: The ‘My Bets’ section will display all successfully placed bets.

Quality of Odds

Knowing a bookmaker’s overround percentage helps you determine whether it is the right fit for you. While it is not a rule of thumb, the consensus is that the lower the overround, the more competitive the odds.

Typically, any overround percentage ranging from 0-3% is considered optimal, anything between 3-5% is acceptable, and should it exceed 7%, it is an indication that you should look to bet elsewhere.

While reviewing Parimatch India, I chose the match-winner odds for five upcoming matches, as you will see in the table below.

Please remember that high overrounds on particular matches do not necessarily mean the bookmaker is a bad choice. It simply suggests that you don’t wager a lot of money on that particular event, if at all possible.

You can use a simple online overround calculator to work out the relevant percentages before confirming your bet.

MatchOverround (%)
New Zealand vs Australia5.32
Nepal vs Namibia5.26
Rwanda (W) vs Sierra Leone (W)6.11
Rangpur Riders vs Comilla Victorians3.20
Mumbai vs Baroda4.01

Variety in Tournaments

The broad spectrum of sports betting options available on Parimatch India is proof of the bookmaker’s commitment to satisfying Indian players’ expectations.

The most popular esports, an extensive variety of online and live casino games, regional and minor cricket events, as well as the world’s biggest cricket leagues and tournaments are all available at Parimatch.

Top-tier competitions and events on the bookmaker include the following:

Features

  • Competitive Odds: Parimatch gives you the chance to potentially earn good returns on your bets. They offer favourable odds across betting markets, not just cricket.
  • Several Betting Markets: Although they may not be as good as Melbet or 10CRIC in this regard, Parimatch still impresses with its range of markets. You get a nice mix of both pre-match and in-play wagers to keep things interesting.
  • Great Mobile App: The Parimatch betting app is free to download on Android, giving you the freedom to bet on the go.
  • Excellent Design: Both the Parimatch website and app follow a neat and straightforward design philosophy, making it easily navigable. Moreover, the operator also supports multiple Indian languages, including Hindi, Bangla, Marathi, and Telegu.
  • Easy Registration: The sign-up process is easy, even though it lacks the convenience of one-click registration. In seconds, you can register with this bookmaker using your mobile number.
  • Analytics Centre: The stats-based Analytics Centre uses H2H records and game data to offer insights into probable match results so that you can make more informed betting decisions.

Top 5 Other Sports

The Parimatch India sportsbook offers a broad range of sports apart from cricket, with the top five options below being the most popular:

  • Football
  • Tennis
  • Badminton
  • Basketball
  • Kabaddi

Live Betting

5

In-Play Betting

I personally like to bet on live events, and I found the Parimatch in-play section to be more than decent. While the match was still unfolding in the middle, I could watch the action live, make quick analyses, and place my bets. I was able to respond to the action on the pitch and take advantage of the shifting momentum, thanks to the betting odds updating promptly.

From adjusting my strategy based on player performance to capitalising on a few twists in the match, the live betting feature kept me interested and entertained.

Livestreaming

Live streaming cricket on Parimatch website

Regrettably, Parimatch does not offer cricket livestreaming at this time. If I were to comment on this, I’d say that this is indeed a drawback for such an experienced bookmaker and needs immediate fixing.

However, everything is not lost. The platform tries to make up for it with in-depth match statistics and a well-integrated ball-by-ball live simulation. On top of it, you have the fully loaded Analytics Centre, which uses recent game statistics to give you probable match outcomes so you can make an informed decision as to which team or player to back .

Everything said and done, the absence of livestreaming comes as a slight disappointment, and I hope the bookmaker brings this feature soon to provide better value to its clientele.

Mobile Betting

4.5

A screenshot of Parimatch mobile app

Smoothly adjusting to fit your phone screen, the Parimatch app provides a nearly identical experience to the desktop version. It is one of the best cricket betting apps in India because it offers the same wide range of betting options, including markets and competitive odds, as its desktop variant.

In my opinion, the app is very well-designed and intuitive, with the exception of a few minor problems, such as the sporadic disappearance of a few major headers. Not to mention that there is no app yet for iOS users, which is a downer. Yes, livestreaming is currently unavailable, but I noticed that the app prioritises convenience and ease of use.

You can access the Parimatch app for Android by simply downloading the free Parimatch APK from the official website. To sum it up, the mobile app is practical, well designed, and more than just takes care of the basics.

Customer Support

3.5

24x7 AssistanceYes
Live chat supportYes (on the website)
TelephoneNo
EmailYes (support@parimatch.in)

While Parimatch offers live chat support around the clock, the virtual bot it has deployed has limited capacity, rephrasing questions that become too complex but still fall under the specified keywords.

Sadly, it is not possible to use the live chat feature to get in touch with a real person who can assist you. At least, I could not get through to a human representative after repeated efforts. So, I think the bookmaker needs to make progress in this area immediately.

But you can always get in touch with them via email if your doubts are elaborate, and they will get back to you within a business day with all the answers.

Cricket Betting Advice Final Verdict

4.5

This marks the end of this Parimatch review, and I hope I was able to address all your questions. As one of the most prominent bookmakers in India, Parimatch demonstrates dependability and security for players. After having reviewed their customer service, payment options, UI, and betting-related conveniences, I can say with certainty that Parimatch is indeed a reliable option.

Nonetheless, it’s critical to identify areas that require improvement.

  • Even though payouts are quick, providing additional withdrawal options specifically tailored to India would improve the user experience.
  • Adding IMPS or bank transfers to deposits would also help to a considerable extent.
  • Enhancing customer service delivered through actual human beings (and not just chatbots) will help address concerns.
  • The immediate inclusion of livestreaming will surely elevate players’ overall experience.

Bet responsibly.

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