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.

Compare Parimatch and Betway and find the best bookmaker for you.

Comparative Information about Parimatch and Betway

ParametersParimatchBetway
Deposit Bonus150% Sports Bonus up to 20,000 INR30 EUR Free Sport Bet
LicenseCuracao Gaming LicenseNo. 1668/JAZMalta Gaming Authority – MGA/B2C/130/2006; UK Gambling Commission – 000-039372-R-319367
OwnerSergey Portnov (CEO)Super Group
Mobile AppAndroid & iOSAndroid & iOS
Rating4,94,7
Available LanguagesHindi, English, Italian, Portuguese, Russian, Finnish, German etc.English, Hindi, Danish, Dutch, Spanish, Finnish, French, Italian, Norwegian, Portuguese, Russian, etc.
Minimum DepositINR 300INR 500
Minimum WithdrawalINR 1,500INR 1,000
Available CountriesIndia, Bangladesh, Canada, Mexico, Brazil, Finland, Germany, Russia, etc.India, Bangladesh, UK, Italy, Denmark, Spain, Belgium, Germany, Sweden, etc.
Deposit MethodsUPI, PhonePe, Google Pay, Pay Tm, Crypto, etc.Visa, Mastercard, Skrill, NetBanking, Neteller, etc
CurrencyINR, USD, EUR, CAN, MXN, BRL BYN, RUB, BGN, Crypto, etc.INR, AUD, EUR, CAD, GBP, NZD, DKK, USD, NOK, CHF, SEK, and RUB
SportsbookCricket, Football, Cycling, UFC, Tennis, Darts, Horse Racing, Dog Racing, eSports, Hockey, Volleyball, etc.Cricket, Football, Tennis, Table Tennis, Baseball, eSports, Basketball, Volleyball, etc.
Customer ServiceLive Chat, Email, Phone NumberLive Chat, Email, Phone Number
Live BettingYesYes
Live StreamingYesYes
Live CasinoYesYes
PokerYesYes
Website ExperienceUser-friendly interfaceAttractive design and easy navigation 
OddsCompetitive oddsHigh 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.

Compare the registrations on Parimatch and Betway.

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:

Two great mobile apps from Betway and Parimatch, take your pick.
ParimatchBetway
Supported OSAndroid / iOSAndroid / iOS
Application Size (Android)89,2 MB33,7 MB
Application Size (iOS)115 MB79,4 MB
Application CategorySports Betting, Online CasinoSports Betting, Online Casino
LanguageHindi, English, French, Spanish, Russian, Portuguese, Ukrainian, etc.English, Hindi, Danish, Dutch, Spanish, Finnish, French, Italian, Norwegian, Portuguese, Russian, etc.
Cost of DownloadFreeFree
Auto UpdateYesYes
Live StreamingYesYes
SupportLive ChatLive 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 MethodsBetway Payment Methods
PayTmVisa / Mastercard
Google PaySkrill
UPIPhonePe
PhonePeNeteller
Visa / MastercardBank Transfer
AstroPayNetBanking
PhonePeUPI
MuchBetterAstroPay
Jeton WalletNeosurf
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.

Take a look at the great bonuses from Betway and Parimatch.

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:

ParimatchBetway
ProsA 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
ConsCustomer service is sometimes slow to respondThe 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.

Is the streaming service active at Betway and Parimatch?

Yes, Betway and Parimatch provide live streaming of matches. This covers major sports such as cricket, football, and tennis, as well as more niche disciplines such as table tennis and hockey.

Is eSports included in Betway and Parimatch sportsbooks?

Of course, among the sports on the schedule of these two best bookmakers, in addition to the main disciplines, you will also find esport, which you can bet on both before and during the match.

Can I deposit and withdraw funds via cryptocurrencies at Betway and Parimatch?

Parimatch is one of the betting sites that accepts cryptocurrencies for both withdrawals and deposits. Betway, however, does not accept it.

Updated:

Post author

Author and founder of the site.

Faraz Gupta

Faraz Gupta has been running his own blog with news about the world of gambling and betting. A professional journalist analyzes the latest developments in the field of casinos and betting, studies in detail the legislation of the industry and gives his readers good advice.