PARIMATCH BOOKMAKER REVIEW
Parimatch is a rather mature sports betting brand, they started taking bets way back in the year 2000 and are one of the biggest names in the industry today. They are proud sponsors of numerous top-tier sports leagues and organizations around the globe and have top athletes like Mike Tyson and Connor McGreggor as their ambassadors.
Parimatch opened up a local instance of their website in mid-2021 after obtaining a Nigerian betting license issued by the National Lottery Regulatory Commission of Nigeria. Now Nigerian sports fans can sign up with them and take advantage of everything they have to offer. It is worth mentioning that Parimatch can easily compete with and even outperform most of their local competitors, but we will cover all of this in detail below.
Parimatch have decades of experience in this industry and we guarantee that they will be one of the “go-to” sports betting operators in Nigeria for years to come. Most other reviews we found online were related to other countries or were outdated and flat-out inaccurate. This is exactly why we would like to bring you our own review, created from a perspective of a Nigerian sports betting enthusiast.
Parimatch allows you to register as quickly as it is physically possible – all you need in order to create an account is a phone number and an email address. You will be asked to enter your phone number, email address and come up with a password and once you submit both of them – you will get a text message with a verification code. You will need to enter that verification code on the registration page and you are good to go. Of course, you will need to add all your personal and contact details, however you can do that at a later point. The entire registration process will take around 1 minute to complete.
To save you some time in the future and to keep your account secure, we recommend completing a couple of additional steps right after creating your account:
- Verify your email address and phone number
- Start the KYC process
Like most other sports betting operators – Parimatch has a welcome offer for new players and quite a generous one to be fair. All newcomers can claim a 100% deposit bonus up to ₦120,000 – the amount itself doesn’t stand out, however the applicable conditions are what makes the difference. Your first deposit has to be made within 7 days from registration and you have to deposit at least ₦100. Given those conditions are met – your bonus funds will be automatically credited to your account. Once you get your bonus, you will need to wager it ten times with the odds of 3.00 or higher in order to convert it into a real money balance. What we would like to highlight is the fact that in most cases the minimum required odds are way higher.
Parimatch has a 24/7 support service, which is available via email, live chat, Whatsapp and phone. The waiting time on live chat is usually under a minute regardless of when you contact them, so it’s quite easy to get assistance whenever you might need it. Same goes for phone and Whatsapp support – you will usually be easily able to get a hold of a support agent. Of course, you can always contact support via email as well if you have a more complex issue, which you need to describe in detail.
To provide you with a complete picture of how Parimatch works, we decided to get in touch with their support service ourselves. On several occasions we submitted a number of general questions related to general betting rules and bonus terms via live chat. We are delighted to tell you that all support representatives we dealt with were polite, professional and spoke good English. Having that in mind, don’t hesitate to get in touch with them if you will ever have any questions.
SPORTS BETTING SECTION AND ODDS
As we already mentioned, Parimatch has been accepting bets for over 20 years now – over this huge period of time they’ve built an impressive betting portfolio. Currently you can bet on over 25 different sports – event and market coverage for most sports looks quite good, when compared side by side with other local bookmakers. We would also like to highlight the fact that there is usually a considerable number of different special and combination markets available. You will also find various innovative betting features, like their telegram betting bot. We will take some real-life examples to show you what exactly you can expect here.
Let’s take football, as it is currently one of the most popular sports for betting. At any given day you can expect to see over 800 football games being offered for betting – the number can even increase depending on the season. Each game will have between 100 and 120 markets open and some top-tier games can have over 150 markets.
Given the rich pre-game offering, it was no surprise to us that Parimatch also offers a top-notch live betting service. On a monthly basis you can expect to see over 10,000 live football games, each one will have over 100 markets traded throughout the entire game. What is truly impressive is the live betting market variety – you can bet on pretty much anything: corners, cards, fouls, goal saves and whatever else you can think of.
Given the rich pre-game offering, it was no surprise to us that Parimatch also offers a top-notch live betting service. On a monthly basis you can expect to see over 10,000 football games, each one will have over 100 markets traded throughout the entire game. What is truly impressive is the live betting market variety – you can bet on pretty much anything: corners, cards, fouls, goal saves and whatever else you can think of.
Let’s look at a real live game together, to better understand what you can expect to see here. What you see on the picture with three football “Club Friendlies” live games. All three games are in different stages: the first one is in the second half, the second one is in half-time and the last one is in the second half. As you can see – all three games have 60+ markets open for betting. The same can be observed for almost any game, very rarely you will see a live football game with a smaller number of open markets.
SPORTS COVERED BY PARIMATCH
Australian Football, Basketball, Boxing, Badminton, Beach Volleyball, Chess, Cricket, Darts, Floorball, Football, Formula 1, Futsal, Golf, Handball, Ice Hockey, MMA, Martial Arts, MotoGP, Motor Sports, Politics, Rugby, Rugby Union, Snooker, Special Bets, Squash, Table Tennis, Tennis, Volleyball, Βaseball, Water polo, Snooker
DEPOSITS AND WITHDRAWALS
You can consider Parimatch to be an original Nigerian betting site and that means you can use all popular local payment methods and banks to make deposits and withdraw your winnings. Making a deposit is free and instant for most deposit methods. When requesting a withdrawal, your request will usually be processed within 24 hours and sent directly to your bank account.
The minimum deposit is just ₦100.
The minimum withdrawal is ₦1,000.
HOW TO MAKE A DEPOSIT?
Go to parimatch.com and sign in using your username / phone number and password. If you don’t remember your password and are unable to log in – you can reset your password using your email address or phone number.
Once you are logged in, you should see a green “Deposit” button on the top of the screen. Press on that button and you will be directed to the payments page, where you can complete the next step.
The payments page will show you all available payment methods you can use – pick the one you need and follow the given instructions to proceed with your payment.
Depending on the payment method of your choice, you might need to add some additional information. For example, this applies to bank transfers – you will need to specify your account number. Now simply follow the given instructions to complete your deposit.
HOW TO WITHDRAW FROM PARIMATCH?
Withdrawing winnings from your Parimatch account is easy and can be done in just a couple of minutes. Once logged in, go to the “My Account” page by pressing on your balance in the top right corner of the screen. On the account overview page, you will see your current balance, press on the little arrow icon on the right side to open you balance page.
You balance page will give you a full overview of the funds currently available in your account. If you have withdrawable funds – this page will also show a “withdraw” button. From that point simply follow the instructions given on the screen to complete your withdrawal request.
Even though requesting a withdrawal is a straightforward process, there are some things you need to keep in mind:
- The maximum number of withdrawal request per day is 5.
- The name on your bank account must match the name on your Parimatch player account.
- Withdrawal requests above ₦250,000 require passing an identity check. We will tell you more about this in the next section.
IDENTITY VERIFICATION (KYC CHECK)
Identity verification, also known as the KYC (known your customer) check is a standard procedure for any proper betting brand. In most cases the reason you are asked to verify your identity at Parimatch is if you are withdrawing ₦250,000 or more. In other cases, there might be some information mismatch that has to be clarified. In any case, this is nothing to worry about, the check usually takes no more than five minutes, and we will tell you what exactly you need to do.
Before initiating the KYC process, make sure you have a valid ID document at hand. Any of the following documents would suffice:
- National ID
- Voter ID Card
- Picture page of International passport
- Drivers license
Place you document on a sheet of white paper with “For Parimatch” written on the paper along with the current date. Take a photo of the from and the back sides of your document. Just in case, also take a selfie with you holding the document next to your face.
Now that you have all the needed photos, you will need to contact support and tell them that you would like to verify your identity. You will be able to submit your pictures to the support agent, who should be quickly able to verify that everything is in order.
PROMOTIONS AT PARIMATCH
Parimatch doesn’t have an awful lot of promotional offers available, but you can make good use of the ones that are. Of course, there is a welcome offer for new players, but there are also deposit bonuses available for existing players as well as cashbacks from the bets you place.
Parimatch gives all new players a 120% welcome bonus up to ₦120,000 to help you get started. The minimum amount you have to deposit in order to claim the bonus is just ₦100. Once you receive the bonus, your bonus funds have to be wagered 10 times with the odds of 3.00 or higher. The bets you wager your bonus funds with have to be accumulators with three or more selections.
Minimal deposit: ₦100
Bonus valid for 14 days
Required odds: 3.00 or higher
ACCEPTED PAYMENT METHODS
Monnify, Paystack, Flutterwave, WebPay, Quickteller, Access Bank Nigeria Plc, Bond Bank, Diamond Bank Plc, Dom Microfinance bank, Ecobank Nigeria, Enterprise Bank Plc, Fidelity Bank Plc, First Bank of Nigeria Plc, First City Monument Bank, First Inland Bank Plc, Guaranty Trust Bank Plc, Heritage Bank, Intercontinental Bank Plc, JaizBank PLC, Keystone Bank Ltd, Mainstreet BankPlc, Polaris (Skye Bank), Stanbic IBTC Plc, Sterling Bank Plc, Union Bank Nigeria Plc, United Bank for Africa Plc, Unity Bank Plc, WEMA Bank Plc, Zenith Bank International
Parimatch has done a fantastic job at making their platform as mobile-friendly as possible. Their mobile website is exceptionally well optimized for mobile devices – it works well with new as well as older phones. All static page elements will be cached by your browser, so moving between pages takes way less time and will consume way less traffic than regular websites. It’s not only the mobile website that stands out- Parimatch also developed dedicated Android and iOS betting apps, which you can download and install.
You can download the app directly from the mobile website, we also have a detailed setp-by-step Parimatch App download and installation guide.
The android app can be downloaded directly from the Parimatch official website. The app will not take up a lot of space on your device – it’s only about 20 MB in size. It will give you access to all the same features that the mobile website has and even more. Compared to the website it is considerably faster and allows you to manage your funds (deposits and withdrawals) a lot more efficiently. If you think the mobile website is good – the app is on a whole new level.
The iOS app is available right on the Apple’s app store, that in itself is already a sign of a good quality product. In general, the iOS and Android apps share the same functionality and are updated at the same time, so there is no real difference between them.
All registered users will have access to the live streaming service. This means you will be able to watch high quality streams of sporting events right on the Parimatch website. They cover a number of different sports and numerous tournaments weekly, this includes all top-tier football events and competitions worldwide. The live streaming service is free – all you need to do is register.
PARIMATCH DESKTOP SITE OVERVIEW
A functional and user-friendly interface design is usually a good sign when it comes to betting sites, as this will enable you to find exactly what you need in just several steps, markets and selections should be clearly visible and understandable while the betslip part should show all details relevant to your bet and additional options and/or features if applicable. Below are some examples of how Parimatch’s online sports betting section looks like.
The desktop website itself is quite visually appealing, it has a nice design and all the colors work quite well together. Being visually well built is not the only thing you would want from a betting site, so let’s go in a bit deeper. In terms of loading speed – Parimatch has done a great job, their website loads quickly even if your connection isn’t that fast. Common website areas like the deposits / withdrawals pages and the account management sections are user-friendly and easy to access.
There are also some obvious downsides, which are related to general navigation. The sports picker menu doesn’t have an indication of how many games are available for each sport and the same applies to individual games. There is currently no easy way to find games with the most markets and there is generally no way to find how many markets are open in a given game without actually opening that game.
To sum things up – Parimatch has a good user management interface and a relatively easy to follow navigation system. Their sports betting section might benefit from some improvements, which we hope they will introduce at some point going forward.
PARIMATCH AFFILIATE PROGRAM
Bookmakers usually host affiliate programs and Parimatch is not an exception. You can sign up with their affiliate program to promote their brand and refer new players to earn a revenue share from every player you bring. The conditions and the percentage of your revenue share will obviously depend on the deal you make, so feel free to bring this to your affiliate manager.
HOW IT WORKS?
First you will need to visit the Parimatch affiliate portal – you will find a registration form there, which you need to fill out and submit. An affiliate manager will reach out to you once your registration form is reviewed and approved. You will now be able to negotiate a suitable deal for yourself and if everything goes well – you will be good to go. Once you are all set, just log into your affiliate account, get your referral links and start promoting Parimatch. This is a good option for those of you who are active on social media or have a personal website or blog with regular visitors.
FAQ | FREQUENTLY ASKED QUESTIONS
HOW TO REGISTER AT PARIMATCH?
The registration process is quite straightforward and quick. You will need to go to the Parimatch website and press the “Registration” button in the top right corner. All you need to get going is a phone number, a password and an email address. Once you submit the registration form, you will get a text message with a verification cover, which you need to enter on the registration page to complete the process.
At this point you are all set, you don’t have to do anything else in order to start betting, but of course you will need to complete your profile at some point in the future. This will be needed for you to request withdrawals.
HOW TO CLAIM THE WELCOME BONUS?
The welcome bonus is available to all new players and in order to get it you will need to make a deposit of ₦100 or more. Make sure to tick the “I want the welcome bonus offer” box when registering. Once your deposit is made the bonus will be automatically credited to your account.
WHAT IS THE MINIMUM DEPOSIT?
The minimum deposit is ₦100.
HOW DOES TELEGRAM BETTING WORK?
Parimatch offers an interesting alternative to betting on their website and / or mobile app – you can place bets in a Telegram channel. You have to be registered in order to use the Telegram bot, so if you don’t have an account yet – follow the registration link and create one.
You can then search for @ParimatchNgBot in Telegram and open it. The bot will prompt you to share your mobile phone number, which you will need to do in order to connect it with your account. A welcome message will pop up once your account is connected, you will also be able to see your balance and available betting options.
Parimatch has done a good job of describing how the entire flow of placing a bet looks, so there is no point in re-writing the same here. You can learn more about this in their telegram betting user guide. If you have any questions, feel free to reach out to their support or ask your question on our “Contact Us” page.
WHAT IS THE MINIMUM WITHDRAWAL?
The minimum amount, which you can withdraw from your account is ₦1,000.
WHEN ARE YOU REQUIRED TO VERIFY YOUR IDENTITY?
In most cases you will be asked to verify your identity if you are requesting a withdrawal of ₦250,000 or more. Sometimes Parimatch may decide to conduct periodical identity checks as part of their wider security policy.
WHAT DOCUMENTS CAN BE USED TO VERIFY YOUR IDENTITY?
Any one of the following documents can be used to verify your identity: National ID, Voter ID Card, Picture page of International passport, Drivers license.
HOW TO CONFIRM YOUR EMAIL ADDRESS AND PHONE NUMBER?
In order to unlock all available features and secure your account, you will need to confirm your contact details. It usually takes just a couple of minutes to do this, so we recommend doing it as soon as you register.
Open the account management page by tapping on the little person icon in the top right corner of the screen and go to the “Personal Data” section.
You will see your email and phone number shown as unverified, press on each one of them to receive a 4-digit security code. Now enter both codes on the corresponding verification pages and you are good to go.
WHAT IS THE MINIMUM BET?
The minimum allowed stake is ₦100.
WHAT PERSONAL DETAILS DO I NEED TO SUPPLY?
All personal details, which will be required from you can be seen on the “Profile” page. You don’t need to complete your profile when registering, but that will be required before you can request your first withdrawal.
ABOUT THE AUTHOR
Paul Echere – a life-long sports fan with a career in the betting industry. Paul has worked with many betting operators and platform providers since the very early days of iGaming. Having years of experience with numerous bookmakers, Paul is in an excellent position to review and rate sportsbook brands. Feel free to follow him on Facebook and LinkedIn to find out what he is up to.