Is Parimatch Legal & Safe in India?

The question “Is Parimatch legal?” in India is not as simple as it seems at first glance. The Public Gambling Act 1867 about online gambling was accepted long before the internet happened which is why online betting is not directly mentioned in it. In some states online betting is regulated with local laws, and in others there are no such laws. This is why you can commonly hear different opinions about whether is Parimatch legal in India or not.
It is important to understand that the question of “Is Parimatch banned in India?” really depends on the region you live in. In most cases you can place bets, however it is best to double-check.

At Parimatch we operate under the Curacao license 5536/JAZ. It is used by many international bookmakers and it means that we have to follow certain rules, like:

• Offer fair play and confirmable results;
• Protect your money;
• Help you solve issues;
• Provide financial safety.

Thanks to the license you can check is Parimatch legit and if we work officially. The information about the license is placed in the footer where you can confirm that Parimatch is genuine.

When players ask whether Parimatch is safe or not, most of the time it means the safety of money and data. We use standard technologies regarding safety, including SSL encryption that protects your personal and banking data. Also, we request verification to help with protecting transactions thanks to which we can provide a safe betting space. This is why many players consider us a safe and reliable platform and don’t have to ask is Parimatch safe in India.

All the licensed platforms, including ours, have to confirm the age of their players. The minimum age you can use our platform is 18 years old. When signing up you will need to enter basic data, and when withdrawing money, you will need to complete the KYC. You can send us a photo of your passport or ID, proof of address as well as bank statements. This helps you confirm whether is Parimatch real or fake.

In India, the winnings you get from betting or gambling can be taxed. Currently, the TDS rule applies and it means that you will have to pay a tax of 30% from the amount you won. You have to understand that the responsibility for paying taxes lies completely on you and not us.

Some banks in India can limit the payments connected to gambling. It is due to the internal rules of banks and recommendations of RBI, which is the Reserve Bank of India. Sometimes the payment can be cancelled but usually players have alternatives for their payments like e-wallets or cryptocurrencies. This is one of the reasons why the “Parimatch banned in India?” question appears among players.

Sometimes betting sites can be limited by internet providers. In such cases you can consider using VPN. By itself, VPN is not prohibited, but its use for avoiding being blocked can be in a legal gray area. It is worth considering that some platforms can limit the access if they find out you use VPN. This is why you need to follow our rules if you want to not lose your account.

Many players wonder what will happen if they win big. On licensed platforms like ours the payouts can be credited after you complete the account checkup. If the amount is really big, you may need to complete additional verification. You have to consider that before making bets and be ready for it.