Parimatch vs Betway – Which One is Better?
In this article we have analyzed and compared the two best betting sites in India Parimatch and Betway and concluded which one is better. From the material you will learn what advantages and disadvantages both bookmaker services have, what are their similarities and differences and what are the features of betting on both sites.
Comparative Information about Parimatch and Betway
Parameters | Parimatch | Betway |
---|---|---|
Deposit Bonus | 150% Sports Bonus up to 20,000 INR | 30 EUR Free Sport Bet |
License | Curacao Gaming LicenseNo. 1668/JAZ | Malta Gaming Authority – MGA/B2C/130/2006; UK Gambling Commission – 000-039372-R-319367 |
Owner | Sergey Portnov (CEO) | Super Group |
Mobile App | Android & iOS | Android & iOS |
Rating | 4,9 | 4,7 |
Available Languages | Hindi, English, Italian, Portuguese, Russian, Finnish, German etc. | English, Hindi, Danish, Dutch, Spanish, Finnish, French, Italian, Norwegian, Portuguese, Russian, etc. |
Minimum Deposit | INR 300 | INR 500 |
Minimum Withdrawal | INR 1,500 | INR 1,000 |
Available Countries | India, Bangladesh, Canada, Mexico, Brazil, Finland, Germany, Russia, etc. | India, Bangladesh, UK, Italy, Denmark, Spain, Belgium, Germany, Sweden, etc. |
Deposit Methods | UPI, PhonePe, Google Pay, Pay Tm, Crypto, etc. | Visa, Mastercard, Skrill, NetBanking, Neteller, etc |
Currency | INR, USD, EUR, CAN, MXN, BRL BYN, RUB, BGN, Crypto, etc. | INR, AUD, EUR, CAD, GBP, NZD, DKK, USD, NOK, CHF, SEK, and RUB |
Sportsbook | Cricket, Football, Cycling, UFC, Tennis, Darts, Horse Racing, Dog Racing, eSports, Hockey, Volleyball, etc. | Cricket, Football, Tennis, Table Tennis, Baseball, eSports, Basketball, Volleyball, etc. |
Customer Service | Live Chat, Email, Phone Number | Live Chat, Email, Phone Number |
Live Betting | Yes | Yes |
Live Streaming | Yes | Yes |
Live Casino | Yes | Yes |
Poker | Yes | Yes |
Website Experience | User-friendly interface | Attractive design and easy navigation |
Odds | Competitive odds | High Odds |
Parimatch is a world renowned brand that has been providing a quality experience in sports betting and casino entertainment for over 25 years. The bookmaker covers more than 40 sports disciplines. Apart from the offer to bet on the usual outcomes in sports, the lineup includes betting on world events and weather. In addition, Parimatch works together with the world’s leading casino software developers. As a result, there are more subsections and casino games on offer here.
While Parimatch aims to outperform the best bookmakers, Betway is still the superior in sports and offers more betting options. It’s clear that football is the biggest part of Betway. Betting includes a huge number of markets: the most important games can even cover more than 250 markets. Even fans of other disciplines can expect, obviously depending on the relevance of the event, 40-50 markets on which to have fun. In addition, Betway provides four bet types at once and a cash-out feature so that you can get the most out of your bets.
Comparison of Registration Options
When it comes to registration, in my opinion creating an account at Parimatch is easier than at Betway. You will only be asked to enter your phone number and come up with a strong password.
I can’t say that registering on Betway is much more complicated, however it will take a little longer. You must fill out the registration form with the following information: gender, full name, date of birth, address, city, pin code, and state/region, email address, and phone number.
Parimatch App vs Betway App
Aside from the differences, these two online betting giants have a lot in common when it comes to their apps. Both Parimatch and Betway have separate mobile apps for Android and iOS. They are high-tech and combine many of the features and functionality of the desktop version in a high-tech shell. So, you can manage your balance, place sports bets, play casino entertainment and win. Both applications are perfectly optimized even for older devices and have an automatic update function.
Explore the features of the Parimatch app and Betway app in the table below:
Parimatch | Betway | |
---|---|---|
Supported OS | Android / iOS | Android / iOS |
Application Size (Android) | 89,2 MB | 33,7 MB |
Application Size (iOS) | 115 MB | 79,4 MB |
Application Category | Sports Betting, Online Casino | Sports Betting, Online Casino |
Language | Hindi, English, French, Spanish, Russian, Portuguese, Ukrainian, etc. | English, Hindi, Danish, Dutch, Spanish, Finnish, French, Italian, Norwegian, Portuguese, Russian, etc. |
Cost of Download | Free | Free |
Auto Update | Yes | Yes |
Live Streaming | Yes | Yes |
Support | Live Chat | Live Chat |
Which Site Is Easier to Deposit and Withdraw Funds From?
When it comes to payments, Parimatch offers a more diverse payment alternative to customers from India as opposed to Betway. They can choose between e-wallets, debit/credit cards and even mobile payment options. It is worth noting that Parimatch also accepts cryptocurrency, which is a significant advantage for modern bettors. In the table below, we have provided the main payment methods that Betway and Parimatch offer:
Parimatch Payment Methods | Betway Payment Methods |
---|---|
PayTm | Visa / Mastercard |
Google Pay | Skrill |
UPI | PhonePe |
PhonePe | Neteller |
Visa / Mastercard | Bank Transfer |
AstroPay | NetBanking |
PhonePe | UPI |
MuchBetter | AstroPay |
Jeton Wallet | Neosurf |
EcoPayz | |
Crypto (Bitcoin, Litecoin, Ethereum, etc.) |
Transaction processing times on both platforms are fast, but withdrawals can take some time, ranging from 15 minutes to several business days. The minimum deposit at Betway is Rs. 500 for each payment method. The only excluded option with a different limit is UPI, which requires you to deposit Rs. 1,000. While on Parimatch, the limit varies and can range from Rs. 200 (PayTM) to Rs. 1,260 (Ethereum).
Welcome Bonuses for New Players
One of the most important incentives for players to join a bookmaker is a welcome bonus. This will help the newcomer to familiarize themselves with the range of betting options and the game lobby, as well as significantly increase his winnings at the initial stage. Below we will give you the relevant information about the welcome offers at Betway and Parimatch.
Parimatch
To satisfy players to the fullest extent, Parimatch has introduced two offers at once: for betting lovers and casino fans. Check them out below:
Sports Bonus | You can get 150% up to 20,000 INR after registration. The minimum amount to participate in the promotion is Rs 200. The bonus amount must be wagered 16 times in single bets with odds of at least 1.9 within 14 days after registration. |
Casino Welcome Bonus | Within the casino offer, you can receive a 150% deposit bonus of up to 105,000 INR. The promotion can be applied in the “Slots” section. The minimum amount of the first deposit to qualify for the bonus is Rs. 350. Withdrawal of funds is possible after their wagering bonus 30x within 30 days after registration. |
Betway
I consider that Betway is however inferior to Parimatch in the size of the welcome bonus. Nevertheless, the bookmaker offers three signup bonuses to choose from:
Sports Bonus | You can get a free bet of up to €30 if your first bet is a losing one. The bonus money can be spent on betting on football and horse racing. Only accumulative bets on 3 or more events with a total odds of 3.0 or more qualify for the offer |
Sports Bonus | Betway will reward you with a free bet of up to €10 equal to 100% of your first deposit. This extra bet can be placed on a variety of sports, including cricket. The bonus has no wagering requirements |
Casino Welcome Bonus | You can get a bonus of 100% up to €50 to play at Betway online casino. The offer applies to your first deposit from €5. The deposit bonus must be wagered 20 times before you are eligible to withdraw any winnings |
Pros and Cons of Parimatch and Betway
After an in-depth analysis, it is our opinion that Parimatch beats Betway in some aspects. Nevertheless, the two companies are not that different, so you won’t go wrong by choosing either operator. This explains why they are among the best in the world.
The biggest advantage Betway has over Parimatch is the sports section. The number of sports, markets and the best odds make it the preferred choice for players in India. Parimatch is not far off in the choice of betting options. But, the company focuses on user comfort and offers more payment options and a bigger amount of welcome bonuses.
The table below summarizes the significant advantages and disadvantages of Parimatch and Betway:
Parimatch | Betway | |
---|---|---|
Pros | A variety of payment systems for INR transactions (PayTM, UPI, etc.); Big Welcome Bonuses; Simple and fast registration; Virtual cricket betting; Mobile betting apps for Android and iOS | Large selection of sporting events for LINE and LIVE betting; A handy live streaming function; Cash Out option; High odds and low commissions; 24/7 live chat for contacting the support team |
Cons | Customer service is sometimes slow to respond | The welcome bonus could be better; Does accept Bitcoin as a form of a valid payment |
FAQ
Discover answers to popular questions users have when comparing Parimatch and Betway. They may contain the information you are looking for.