Parimatch Sports Betting Review (2023)

• Simple three-step process
• Basic information required
• Automatic verification

New customers have to proceed through a quick and easy three-step process to create an account with Parimatch. Step one involves listing some of your personal details, including name, date of birth and mobile phone number. The green arrow will then allow you to advance.

All step two involves is naming your address. That’s it!

Finally, step three. Here, you’ll be required to enter your email address, create a password, and choose whether you want to receive exclusive offers from the bookie.

Agree to the terms and conditions before clicking the big green button to start your Parimatch journey! Simple stuff, right?

It’s also worth noting that we didn’t have to verify our identity following registration. It appears that new customers are automatically verified after creating an account.

• Debit cards and PayPal only
• Simple deposit and withdrawal processes
• No fees

Punters can fund their Parimatch account via debit card (Visa/Mastercard) and PayPal. There are no fees involved with depositing or withdrawing, though no cryptocurrencies are accepted.

Deposit Withdrawals

Method	Min	Max	Processing Time	Fee
	£5	£30,000	Instant	None
	£5	£30,000	Instant	None
	£10	£5,500	Instant	None

Method	Min	Max	Processing Time	Fee
	£10	£2,500	30 minutes	None
	N/A	N/A	2-5 days	None
	N/A	N/A	2-5 days	None
	N/A	N/A	2-5 days	None

The minimum deposit for debit cards is £5, but increases to £10 for those using PayPal. The maximum withdrawal for the former is £20,000, while it’s £5,500 for the latter.

Unfortunately, we couldn’t access too much information regarding withdrawals. However, Parimatch does allow funds to be withdrawn via Visa’s Fast Funds services, which means your money could arrive in your account within 30 minutes. The minimum withdrawal with this method is £10 and the maximum is £2,500.

Punters can also withdraw funds via PayPal, bank transfer, as well as other debit cards. All we know is that your funds could take between 2-5 days to arrive into your account with each of these methods.

There are no withdrawal fees.

Depositing Funds

To begin the depositing process, first we clicked the account icon located at the top of the page which brought up the above screen. We opted to deposit via debit card.

Thus, we were required to fill out all the basic financial information (card number, name on card, expiry date, and security code) before scrolling down and confirming how much we wished to deposit.

We opted to deposit £10.

After ticking the above box, we clicked the green ‘Deposit’ icon which concluded the process. Our funds arrived in our account immediately.

Withdrawing Winnings

We were lucky enough to win our first bet with this bookmaker, leaving us with £12.50 in our account as a result. To withdraw these funds, we once again clicked the account icon at the top of the homepage.

After clicking the withdraw tab, the below screen manifested.

The process was markedly simple. Our default payment method had already been established, which meant all we had to do was confirm how much we wished to withdraw.

After clicking the ‘Withdraw’ icon, the transaction was processed and confirmed in a matter of seconds.

• Wager £10 Get £40
• 20 free spins
• Casino promotion
• Many excluded slots

Parimatch’s welcome offer is a casino-based promotion. Customers can claim £40 in bonuses and 20 free spins after they wager £10 on any of the bookmaker’s slots games apart from Aviator.

You will immediately receive a £10 casino bonus and three £10 slot bonuses. The latter will be distributed after 24, 48, and 72 hours, and must be used within seven days of them arriving in your account.

To ensure you qualify for this promotion, you must make your first deposit with a debit card. Moreover, it’s worth noting that there are a multitude of slots that are excluded from this promotion, so we recommend you checking out the terms and conditions attached.

In addition, the 20 free spins you receive as part of this promotion must be used on Fishin’ Frenzy.

• Limited offers
• Lack of originality

At the time of writing, Parimatch’s sportsbook promotions were sub-par. There were just a couple available, with none of the offers on display boasting any sort of originality. However, the bookmaker does offer Best Odds Guaranteed for horse racing events, as well as acca bonuses.

Though there was a promotion running for the 2023 Australian Open in January, the offer lacked value in our estimation. You had to place £50 in bets on the tournament to earn a meagre £2 bet for any game that ended in straight sets.

Parimatch VIP/Loyalty Programme

Unfortunately, Parimatch currently doesn’t boast a VIP or Loyalty Programme for its members.

• 27 sports available to bet on
• Sufficient esports and specials coverage
• Competitive and consistent odds

27 sports make up Parimatch’s sportsbook, with array of markets and sub-markets can be accessed for each. Furthermore, the bookmaker offers Bet Boosts on popular events, which are typically very generous, too.

Overall, their sports coverage is great, but their impressive work in this regard would count for very little if their odds lacked value.

Thus, to measure the quality of Parimatch’s margins, we used the odds overround calculation. This is a percentage figure which is obtained when all the probabilities of an outcome of a bet are added together. Logically, this figure should add up to 100%; however, this does not take into consideration the profit made by the bookie. For this reason, it is commonly accepted that an odds overround of less than 110% indicates good odds.

To carry out our little experiment, we picked three random football matches from the Premier League, Copa del Rey, and Coppa Italia. The results came to 107.08%, 105.90%, and 106.76% respectively, indicating that Parimatch’s odds are both consistent and competitive.

You can display odds as decimals, fractions or in a variety of styles from across the globe including European, Indonesian and Chinese. The minimum stake is set at 5p, while the maximum is currently unknown.

Placing a Bet

We wanted to place a bet but opted to switch it up on this occasion. Instead of placing a football bet, we decided to take advantage of Parimatch’s well-advertised NFL offering and back the Cincinnati Bengals to beat a Lamar Jackson-less Baltimore Ravens.

Coverage of the NFL playoffs consumed the homepage on the day of placing the bet, which meant the above odds were staring at us throughout.

First, we switched the market to moneyline and clicked on odds of 1/4, which indicate a Bengals victory in regulation. This bet immediately went into our bet slip located on the right-hand side.

To conclude the simple betting process, we entered our stake (£10) and clicked the green ‘Place Bet’ icon below.

Once that was clicked, our bet was processed.

Then, in a matter of seconds, our bet was placed successfully.

Esports

Parimatch’s esports coverage is very impressive. At the time of writing, there were Counter-Strike, League of Legends, NBA, Starcraft II, and Dota 2 events available to bet on.

Esports punters can place in-play bets, while the bookie also presents several ‘Trending Bets’.

To take advantage of Parimatch’s esports offering, be sure to check out our esports betting tips to enhance your chance of success in this sphere.

Parimatch – Other Specials

There are various entertainment markets for punters to take advantage of. You can bet on Eurovision 2023, the Oscars, Love Island, and Dancing on Ice with this bookmaker.

Parimatch’s political coverage spans across the UK and US, with their current markets including the 2024 US Presidential Election and the next UK Conservative and Labour party leaders.

Cash Out & Bet Builder

You’re able to take full control of your bets with Parimatch’s Cash Out and Partial Cash Out features.

Parimatch offers an atypical Bet Builder in the form of Bet Builder MultiMatch. This enables punters to bet on several games – in one selection – within a group of fixtures (League Two’s midweek fixtures in the example above). Plenty of options and different markets are available, handing punters some control. It’s a wonderfully convenient feature, overall.

The bookie also boasts your more archetypal bet builder in which customers can create their own football and basketball bets. You’re also able to add multiple bet builders to create an acca.

• Live coverage easy to access
• Fantastic football coverage
• Livestreaming available on niche sports

Parimatch’s live coverage is easily accessible via the ‘In-Play’ tab located in the centre of the homepage. There is an array of live events offered at any given time.

Their live coverage is sufficient and punters will undoubtedly appreciate the in-play boost offered by the bookmaker. However, these are typically only available on popular live events. In terms of features, Parimatch has a variety to enhance your live football betting experience a match tracker, live commentary, comprehensive statistics, head-to-head records, and form tables are all supplied.

Parimatch offers a livestreaming service for table tennis, esports, and horse racing events. It’s scarce elsewhere, though.

• Licensed by the UK Gambling Commission
• Several account limits
• Responsible gambling section

Parimatch’s site is operated by BetVictor, meaning the bookie holds licences from the UK Gambling Commission, the Irish Revenue Commission and the Government of Gibraltar.

There’s also a strong emphasis on responsible gambling – or ‘Safer Gambling’ as it’s labelled on the site. Punters can set several controls to ensure their gambling doesn’t spiral out of control. These include Deposit Limits, Time Alerts, Time Outs, Product Restrictions, Problem Checklists (see below), and Self-Exclusions.

To complement these, there are also dedicated pages on the site that focus on preventing underage gambling. Links and websites are also supplied for customers who feel to require further support in this regard.

The type of encryption used by the site is unknown. Having said that, Parimatch does state that “fully encrypted data transfer and multiple redundant servers ensure all customer funds and personal details are stringently protected”.

• Robust FAQ section
• 24/7 Live Chat function
• Friendly support staff

Parimatch ‘Help Centre’ can be found down the left-hand side of the homepage. Here’s where you’ll find the bookie’s FAQ section.

Queries are divided into eight topics, with a multitude of questions being covered in each. These queries range from basic to niche, and it’s likely that any question you have will be answered in this section.

However, if you do find yourself needing to access Parimatch’s customer support, you can contract them via telephone, social media, and Live Chat.

We opted to test out their Live Chat function.

To start a session, we clicked the ‘Contact Us’ tab before accessing Live Chat. After a brief wait, we were connected to an agent and asked whether Parimatch offered a VIP programme for customers.

After taking a moment to check whether they did in fact boast a VIP programme, the agent came back with a coherent response…

They confirmed that there is currently no VIP programme before encouraging us to check our account for any offers the bookmaker may have at any given time. This was a nice touch.

We thanked them for resolving our query and, following a nice farewell message, our session was over. Overall, there was little to fault about the Live Chat service.

• Great website design
• Odd technical fault
• Frequently updated blog

Parimatch’s website design is simple but slick. A sharply contrasting black-and-yellow colour scheme is followed throughout, with these two colours working well in harmony. Overall, the design gives off a very sophisticated feel, but we did endure one or two technical issues with lag time a problem on occasion.

For the most part, though, our experience using Parimatch’s website was fine. The site’s structure is coherent, and promotions are well-advertised. There are no gimmicks, providing further evidence of the bookmaker’s sophistication.

Various tabs and an A-Z list of the bookie’s sportsbook can be found down the left-hand side of the homepage, while advertisements and the most popular betting markets dominate the centre. Bet Boosts as well as in-play markets can be found here, too.

A ubiquitous bet slip is located on the right-hand side, aiding the betting process, while all the information regarding Parimatch is found at the bottom of the homepage.

Unfortunately, there are no statistics, but Parimatch does boast a blog which is regularly updated. Here, the bookie posts a variety of pieces ranging from betting tips to informative articles.

• Download via the App Store & Google Play
• Well-structured, allowing user-friendly mobile use
• Features/promotions accessible

Parimatch’s mobile app is available to download for free via the App Store and Google Play, satisfying both Apple and Android users. Overall, the app is so well-brought together, with its layout and structure facilitating a user-friendly experience.

The design remains slick and simple, with the black-and-yellow colour scheme proving a fine combination. Efficient betting functionality is provided too, meaning it’s incredibly easy to place a bet on the move. Customers are able to access their betslip at the bottom of the page as well as the app’s Cash Out function.

Customers can also enjoy Parimatch’s other products – which will get onto shortly – on mobile.

Parimatch’s casino product is so extensive that they even boast a menu for all the various options the bookie offers. Vegas, Megaways, Drops & Wins, Jackpots, and scratchcards are among the tabs shown on the drop-down list.

This bookmaker clearly takes their casino offering seriously, and customers will not be disappointed by the vast array of games availlable. There’s plenty to get stuck into, including the welcome offer which we described above.

The sheer volume of negative reviews this bookmaker has received is certainly a surprise. While Parimatch is still a fair way from being compared to some of the industry’s juggernauts, there were many positive components to be enjoyed on the site. Their sportsbook is extensive, while both their pre-match and live coverage are sufficient, while the website itself is excellently designed and structured. We did find the lack of original promotions to be an issue, and the complaints about banking clearly indicates a problem Parimatch need to sort out before they’re held in a higher regard – even though we did not experience any hiccups in this department ourselves.