How to Bet on Parimatch – Complete Beginner’s Guide to Placing Bets in India

Find out how to bet with the Parimatch website from this review. Our sportsbook currently offers 30+ sports. Live and pre-match betting are available. Watch live streams of matches and bet on your favorite teams. Make a deposit now and get a +150% bonus up to INR 20,000.

Follow our complete beginner's guide to learn how to bet on the Official Parimatch site.

Complete Betting Process (Step-by-Step)

Placing your first bet can be stressful for beginners. Don’t worry, it’s a simple process that takes no more than 10 minutes. Find out how to place a bet on the Parimatch website below.

Step 1

Complete Registration

To get started, click on the registration button and fill out the form. Enter your email address/phone number, create a password, select a welcome bonus, and agree to the terms and conditions.

Register your account to begin the betting process on the Parimatch site.

Step 2

Make a Deposit

Now click on the deposit button and use PayTM, UPI, PhonePe, or Tether USDT to top up your account balance. The minimum deposit amount is INR 300.

Add funds to your balance as part of the betting process at Parimatch.

Step 3

Select an Event to Bet On

Now open the sportsbook, select a sport and a match within it. All events are sorted by leagues and tournaments, so players won’t get confused.

Choose a sports match during the betting process to play at Parimatch.

Step 4

Place a Bet

Now click on the outcome, specify the bet amount, and confirm your bet. Bets that the player has already placed are located in the “My Bets” section of the bet slip.

Confirm your wager during the betting process on the Official Parimatch platform.

Step 5

Withdraw Your Winnings

Follow the progress of the match and, once you have won, click on the withdrawal button in your personal account. Next, select the payment system through which you want to send the money and receive your winnings. If you have any problems placing your first bet, please contact technical support.

Get your money after the betting process by requesting a Parimatch withdrawal.

Types of Bets Explained

If a player wants to win, they need to have a good understanding of Parimatch betting rules. The main thing is to know not only the general types of bets, but also the additional ones. Find out everything a beginner needs to know about Parimatch betting below.

Basic Types of Bets

The first step for a player is to familiarize themselves with the basic types of bets:

  • Single Bet. The player places money on one of the outcomes of the match, which is the classic way of betting;
  • Accumulator Bet. The player combines several outcomes into one bet, thereby increasing the final winnings. If any outcome is lost, the entire accumulator bet is lost;
  • Each Way Bet. The player places a bet not only on the player’s victory, but also on their place in the race.

Additional Betting Options

The following additional betting options stand out:

  • Double Chance. The player wins in the event of a win or a draw, and double coverage reduces the risks;
  • Handicap. The user bets on the advantage with which one team will beat the other;
  • Over/Under (Totals). The player chooses whether the number of points scored in the match will be higher or lower than the value specified on the website;
  • Both Teams to Score. The outcome is considered successful if both teams score at least some points during the match;
  • Correct Score. A high-risk bet in which you have to predict the exact score at the end of the match;
  • Half Time/Full Time. The player bets on both the first half and the whole match at once.

The player can find additional outcomes on our Parimatch website.

What to Choose as a Beginner

We advise beginners to start with single bets on the Match Winner outcome. This way, the player simply needs to predict which team will win. Once you fully understand this outcome, try to figure out all the betting options we mentioned above. When you start winning frequently, you can move on to accumulator bets.

How to Place a Single Bet

Betting with a single bet at Parimatch is easy:

  1. First, select a sport.
  2. Now select a league or tournament on the left side of the screen.
  3. After reviewing the selection, choose one of the matches.
  4. Click on one of the outcomes to add it to your bet slip.
  5. The outcome is now on the right side of the site in the bet slip.
  6. Specify the bet amount.
  7. Confirm your bet by clicking on the corresponding button.
  8. A notification will confirm that your bet has been placed.

Don’t be intimidated by the large number of steps. We have tried to describe everything in as much detail as possible so that beginners don’t get confused.

Pay attention to important details that facilitate how to bet on single events.

Important Details

The bet slip is always located on the right side of the screen. Once you have placed your bet, you cannot change the amount, so please consider this carefully. To remove an outcome from the coupon, simply click on the “cross” symbol. The odds are the number by which the bet amount will be multiplied if it wins. The result is credited to the player’s account balance when they win.

How to Place an Accumulator/Parlay

Many beginners do not understand how to place an accumulator bet on the Parimatch website. It is a simple process, which we describe below.

Creating an Accumulator Bet

It’s actually quite simple: when selecting an outcome, click on 2+ of them at once. In this case, the bet type will automatically change to “Parlay”. The odds will be multiplied together to give a single overall odds. If at least one outcome on the betting slip is a loser, the entire accumulator bet is considered a loser.

What You Need to Know

The minimum number of events in an accumulator bet is 2. You can add new outcomes to the bet slip until the total multiplier reaches 2,000x. The maximum bet size is set separately for each match and usually does not exceed INR 40,000. The winning limit is set at INR 90,000,000. You cannot win more than this amount in a single accumulator bet.

Understanding Odds & Potential Winnings

To better understand the odds on the Parimatch website, we recommend familiarizing yourself with the multipliers and how potential winnings are calculated. Learn more about this below.

How Odds Work

The odds directly reflect the probability of a team winning. The higher the odds, the less chance the team has of winning, according to Parimatch analysts, and vice versa. They completely influence the player’s winnings. Suppose a player places a bet of INR 300 at odds of 1.5. In this case, the customer’s winnings are calculated as follows:

(INR 300)x(1.5)=INR 450

This calculation uses decimal odds, but there are also fractional odds and 5 other types. If a player bets on odds of 1/10, this means that if they win, they will receive INR 10 in profit for every INR 1 bet. The stake is not included in the payout.

Change in Odds

The probability of outcomes is influenced by a bunch of factors that are constantly changing. This is why the odds on our Parimatch website are constantly changing. If the odds change significantly during a bet, we will ask the player for additional permission to place the bet. Remember that sometimes it is better to wait to catch a higher odds, and sometimes it is better to bet immediately before it drops. Bets placed cannot be canceled by the player.

Minimum & Maximum Bet Amounts

The Parimatch minimum bet amount is INR 90. Maximum limits are set for each match separately and usually do not exceed INR 40,000. The maximum winnings from a single bet are limited to INR 90,000,000. Here is information about betting limits depending on the selected sport:

  • High limits: Cricket, Football, Basketball (NBA), Big Tennis Tournaments;
  • Medium limits: eSports, unpopular soccer leagues, second division basketball;
  • Low limits: youth tournaments, regional competitions, specific markets (politics).

Betting limits are the same for single bets and accumulator bets in most cases.

Check the minimum and maximum bet amounts before learning how to bet at Parimatch.

Live Betting (In-Play)

Now it’s time to learn about live betting. This method of placing bets is radically different from pre-match betting. Find out everything you need to know about Parimatch live betting below.

How to Place Live Bets

All live events, as well as live broadcasts of them, are located in the “Live Events” section. In live betting, all odds are dynamic and change depending on the current situation in the match. That is why it is important to make good short-term predictions here. Each live broadcast has a delay of 3-60 seconds, depending on the event.

Features of Live Betting

The odds change every second, and if a goal is scored, the odds for a team’s victory can drop by several points at once! Also, some markets close during the game. Statistics reflecting the situation in the match are always available to the player. Use the “Cash Out” function to save at least part of your lost bet, if necessary.

Risks

The main enemy of a player in live betting is emotions. You need a cool head and balanced decisions. If a player wants to engage in live betting, they need to have an excellent understanding of all the strengths and weaknesses of the teams. This is short-term betting, which means that quick analysis is simply necessary.

How to Use Betslip

The bet slip is always located on the right side of the website. To add something to it, simply click on the outcome of the event. To remove an outcome, click on the “Cross” symbol in its corner. Switching between single and accumulator bets happens automatically depending on how many outcomes the player has added to the coupon. The final odds and potential winnings are always indicated in the bet slip.

Master how to use betslip features to manage how to bet on the site.

Cash Out Feature

The Cash Out feature is very useful for players. It can be used to save losing bets and earn money on your own bets. We will tell you more about this feature below.

What Is Cash Out

The Cash Out feature allows players to withdraw their money before the event has taken place. It is worth using if the player realizes that the bet is already losing. This way, you can save at least part of it. The amount of Cash Out always depends on the situation in the game. The worse the situation, the less money you can withdraw.

When to Use It

You can use the Cash Out feature even if your team is winning. In this case, the player will receive a guaranteed profit without having to wait for the end of the match. If the team is likely to lose and you are sure of it, use the Cash Out feature to collect at least part of the money.

Restrictions

Keep in mind that not all matches support the Cash Out feature. In practice, Parimatch automatically buys out the player’s bet, so you will always receive less than you would have won in the most favorable outcome. The Cash Out feature may not be available during certain periods of the match.

Checking Bet History & Results

In order to make a timely “Cash Out” or perform analysis, it is necessary to refer to current odds and betting history. All of these are important pillars of a bettor’s personal growth.

Tracking Bets

All player activity is located in the “My Bets” section of the bet slip. Players can find their betting history in their personal account. This contains all the information about the bet: amount of money, outcome, match, and odds. Once the outcome is determined, the player is paid their winnings immediately.

Results

If the player’s bet is successful, we will notify you with a notification. The match score and final statistics can always be checked in the “Bet History” section of your personal account. In case of controversial situations, for example, if a match is canceled, bets are returned to the players.

Common Betting Mistakes to Avoid

Some players encounter errors during Parimatch betting. We have listed the most common ones below.

Common Mistakes Made by Beginners

The most common mistakes include the following:

  • The player did not check the bet slip. It may contain outcomes that the player clicked on accidentally;
  • The outcome was mixed up. Always double-check the bet slip before confirming the bet;
  • Incorrect bet size. Always check the amount of money you have entered for the bet;
  • Did not understand the type of bet. Never use an outcome if you do not understand how it works;
  • Put everything on one accumulator bet. Experienced players bet 1.5%-3% of their total bankroll, not everything at once;
  • Did not take into account the change in odds. In live betting, the odds can change by a whole point in just a second.

Now you know about the most common mistakes, which means you can avoid them.

Technical Mistakes

Some players also make technical mistakes:

  • Not refreshing the page. If the internet is turned off, always refresh the page after turning it back on. Without this, you will simply see the old odds;
  • Double selection of the outcome. Accidentally double-clicking can lead to a duplicate bet in the bet slip;
  • Insufficient Funds. Check your balance before placing a bet;
  • Failure to Confirm the Bet. Don’t forget to confirm your bet.

It is only through mistakes that we gain valuable experience that can be used for future victories.

Betting on Different Sports

Each sport has its own specifics, so the outcomes may differ. It is important to know if a player does not want to limit themselves to just one discipline in betting. We have described the outcomes for popular sports disciplines below.

Cricket

This is the most popular discipline among our Indian customers. Here are the outcomes available to you:

  • Match Winner. The player bets on the victory of one of the teams;
  • Top Batsman/Bowler. The player bets on the batsman who will score the most runs or the bowler who will take the most wickets in the match;
  • Total Runs. The player bets on the total number of runs scored by one team or both teams combined during the match;
  • Method of Dismissal. The player bets on the method by which a particular batsman will be dismissed from the game.

Bets on individual total runs are also available with Parimatch.

Learn how to bet on cricket and win with top Parimatch odds.

Football

In football, the most popular outcomes are as follows:

  • Match Winner (1X2). With this outcome, the player bets either on the victory of one of the teams or on a draw;
  • Over/Under Goals. The user chooses whether more or fewer goals than specified on the website will be scored at the end of the match;
  • Both Teams to Score. The customer bets that both teams will score at least 1 goal in the match;
  • Correct Score. The user needs to guess the exact score at the end of the match.

Usually, football offers the easiest outcomes to understand, so it is suitable for beginners.

Master how to bet on football by following our expert Indian guide.

Tennis

Betting on major tournaments such as Wimbledon or the Australian Open is also popular. Choose one of the outcomes below and place your bet now:

  • Match Winner. The player bets on the tennis player who will win the match;
  • Set Winner. Choose a set and bet on the athlete who is expected to win it;
  • Games Handicap. Bet on a single game rather than the entire match;
  • Total Games. The player bets on how many games will be played by the athletes in the match.

Tennis is one of the best disciplines for betting, as it involves 1 vs 1 matches with minimal randomness.

Improve your skills in how to bet on tennis matches at Parimatch.

Basketball

Basketball is popular primarily because of the NBA, but the Euroleague is also popular. Here are the outcomes you can choose from:

  • Moneyline (Match Winner). The player bets on the team that he thinks will win the match;
  • Totals (Over/Under Points). Guess whether more or fewer than the value specified on the website will be scored during the match;
  • Point Spread (Handicap). The player needs to predict by how many points one team will beat the other.

Basketball is considered the best discipline for Total bets.

Explore the best ways of how to bet on basketball.

Responsible Betting Tips

Parimatch is committed to responsible gambling. Every player should view betting as entertainment, not as a way to make money. Otherwise, you may develop an addiction.

Safe Betting

We recommend taking the following measures to avoid developing an addiction:

  • Set deposit limits;
  • Set limits on the size of your bets;
  • Never bet money you cannot afford to lose;
  • Do not try to win back your losses based on your emotions;
  • Take breaks to maintain control.

Consider all losses as payment for the emotions you have experienced. Compliance with all Parimatch betting rules above significantly reduces the chances of addiction.

Red Flags

Unfortunately, some players struggle with betting addiction. Here are the most obvious indicators that there is already a problem:

  • The player bets on every match;
  • The gambler borrows money to place bets;
  • The player cannot stop after losing;
  • Betting leads to poor relationships with friends and family.

Seek help if you feel that you are becoming addicted to betting.

FAQ

How much money does a player need to place their first bet?

The minimum deposit on the Parimatch website is INR 300.

How long does a player have to wait for a bet payout?

Usually, winnings arrive within a few seconds or minutes after the outcome.

Can a player cancel a bet?

All bets placed can only be canceled if the event is canceled.

What should I do if I accidentally bet on the wrong thing?

Placed bets cannot be canceled, so please be careful when placing them.

Which is better to choose, single or accumulator bets?

If you are a beginner, it is better to choose single bets. Move on to accumulator bets once you become more experienced.

How can a player withdraw their winnings?

To do this, click on the profile icon and select “Withdrawal.” Then specify the payment system, the withdrawal amount, fill in the details, and confirm the payment.

Is the Parimatch website secure?

We currently offer our services in over 60 countries and are licensed by the Curacao Gaming Commission, which confirms our integrity.

What are the minimum odds for a bet?

Usually, it is 1.01. If a player has an active bonus, the minimum odds may be higher.

Can players place bets from their phones?

Yes, use our apps for Android and iOS devices. If you don’t want to download anything, use the mobile version of the website.

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