In this Parimatch review, we’re going to explore your options as a bettor, the payment methods you can use, the different types of bets you can place, the odds you can expect, and many other unique features of this website. So, bear with us and read till the end.
To be completely transparent, our experience with Parimatch has been a blast. We thoroughly enjoyed the promotions before anything else.
Pros & Cons of Parimatch (Our Experience)
- A limited number of markets
Which Markets Do Parimatch Cover?
In sports betting, a market refers to a specific event that you can bet on. Many rookie punters mistake the number of markets offered with the number of sports. In this sportsbook, the number of markets is somewhat limited. You can expect to find between 17 to 20 markets at a time.
Let’s look at the biggest markets that apply to pretty much all sports.
Biggest Markets You Can Bet On
Indians are inherently fond of sports. They love cricket, they love football, and they love pretty much any other sport on planet earth. And here are the biggest markets that you can find at Parimatch regardless of what your preferred sport is.
This is the biggest market at Parimatch. Almost all sports have this option. In fact, individual markets on a cricket match like ‘outcome of the First bowl’ has over under markets in it!
What kind of sportsbook would it be if there was no outright betting, right? It’s labelled as ‘To Win’ at Parimatch. You’ll find odds against 1 and 2, which essentially refer to the two teams if it’s a team sport or two players if it’s something like Tennis.
Special Bets in Football
Among various other sports, football is a crowd favourite among Indians. Parimatch, as a sportsbook, respects what the punters want and offer special bets. Let’s see what those might look like.
Also known as 1×2 bets, this is quite an amazing market for football betting. You can place your bets on the home team, the away team, and even the draw. The inclusion of the draw has contributed to naming this market 3-way betting.
Both Teams to Score
This bet is based on a Yes/No question. Parimatch is asking the punters whether both teams will score or not. The odds are offered on Yes and No outcomes individually.
Double chance is a very unique bet that offers the opportunity to win double of what you were originally supposed to. It’s done by either eliminating the possibility of draw completely or including the win/lose possibilities of both teams.
- Plenty of sports to choose from
- Live streaming is offered on selected sports
- Very competitive odds
- Spectacular welcome bonus
In recent years, live betting has become one of our favourite activities in sportsbooks. We’re certain our Indian punters will agree with us very much.
If you’re not familiar with what live betting is, it’s essentially a dynamic form of sports betting where you can place bets even after a match has started. In traditional practice, bookmakers collect bet slips before the kickoff. Once it starts, punters are not allowed to bet anymore.
It’s good in the sense that you can accurately predict what the score is going to be or which team is going to win. However, sports betting is based on luck more than anything so you can’t always expect things to go your way. In pre-match betting, there’s nothing you can do but to watch your ship of hope sinking.
In live betting, however, that’s not the case. You’ll place your pre-match bets as you’re used to. Then, you’ll place the live bets. Markets on football matches such as 3-way betting, double chance on the 1st half, total of the 1st half, handicap, etc. are all offered as live opportunities at Parimatch.
The odds change in real-time for in-play betting as well. If you keep a close eye on the odds, you’ll see sudden colour changes. The odds are written in blue at Parimatch. When the odds increase on a particular market, it becomes green for a brief period. And if it decreases, the odds become red.
Another great feature of live betting at Parimatch is the live streaming feature. Although it’s not available across all sports, it’s a pretty great feature to have. On the sports that don’t offer live streams, you can check out the 3D layout of the field or the court and follow the live scorecard.
The bottom line is, we highly recommend Parimatch to Indian punters who love live betting.
Offers / Bonus / Promotion
If you’re a fan of bonuses and promotions at online bookmakers, Parimatch would be a fantastic place for you to be. It offers 3 different offers that keep on rotating for all players.
The first and most obvious bonus we’re going to cover is the welcome bonus. Pretty much every iGaming website in the world offers one. However, it’s quite hard to come across good sports betting promotions because most operators tend to focus on casino promotions.
That’s not the case at Parimatch. You can get a whopping 150% match bonus at this sportsbook on your first deposit. And the amount is capped at a very respectable ₹12,000! The minimum deposit starts at ₹300 only!
It means you can expect to win 150% of the amount as your deposit, ranging between ₹300 and ₹12,000.
In fact, there is an exclusive welcome bonus for IPL fans out there. Although it’s a limited-time promotion and it’s only available during IPL, you can win up to ₹15,000!
The wagering requirement on this bonus is 10x the bonus amount. These 10 times that you have to wager the amount, it’s advised that you use 10 accumulator bets with a minimum odds of 2.00. You have 7 days from the day of registration to claim the bonus and complete the wagering.
After you thoroughly enjoy the welcome bonus, you can move on to the Indian Jackpots promotion. It’s a unique activity offered at Parimatch. A range of events with varying odds is offered. You need to predict 15 of the offered events. You can win a share of the prize pool if you get at least 10 selections right.
There are two more promotions at Parimatch. One is Cashback in the Slots and the other one is Slots Bonuses. As you can guess from the name, these bonuses are offered to the casino audience. If casino games are your thing, you’d definitely enjoy these promotions as well.
Odds at Parimatch
In the Indian subcontinent and surrounding regions, the decimal odds are the most popular. These odds are easy to understand and easy to calculate when compared to fractional or moneyline (American) odds.
Parimatch knows how much Indian punters love decimal odds. That’s why it only offers this kind of odds. It keeps things consistent across all offered events.
If you don’t understand decimal odds, let us help you. You simply multiply the odds with your wager amount to calculate your payout. So, if Parimatch offers 3.00 odds on India to win against New Zealand, it means you can win ₹3 for your ₹1 wager. If you wager ₹100, the payout is ₹300.
Keep in mind that the payout includes your original bet and not the profit only. So, if you think a ₹100 wager on 3.00 odds will result in a ₹400 total payout, you’d be disappointed.
The odds offered at Parimatch are very standard and competitive. You can check the intensity of the odds by comparing it to other bookmakers in the area. But we’re pretty certain you’ll find Parimatch perfectly suitable for your betting needs.