Parimatch Sportsbook Overview

Parimatch, a famous international bookmaker, has gained traction in Nigeria due to its extensive range of sports events, competitive odds, and user-friendly platform. Nigerian bettors enjoy diverse betting markets, convenient payment options, and reliable customer support within a secure and licensed environment.

Parimatch NG is licensed and regulated by Nigeria's National Lottery Regulatory Commission (NLRC). The NLRC is the government agency responsible for regulating lotteries, sports betting, and other gaming activities in Nigeria. The licensing and regulation by the NLRC ensure that the bookmaker with Nigerian gambling laws and regulations and provides a safe and fair betting environment for its customers.

In addition to the licensing by the NLRC, Parimatch also implements various measures to ensure the safety and security of its customers' data and transactions. The company uses the latest encryption technologies to protect its customers' personal and financial information and employs strict security protocols to prevent fraud and unauthorized access to its platform.

For those interested in figures, the company's serial number on the National Lottery Regulatory Commission's list is 32. The license is valid from August 31, 2021, to August 30, 2026, equivalent to 5 years.

Parimatch, a renowned international bookmaker, has significantly impacted the Nigerian betting scene with its extensive range of sports events, competitive odds, and user-friendly platform. The company's dedication to providing diverse betting markets, convenient payment options, and reliable customer support has garnered praise among Nigerian bettors.

With a license from the reputable NLRC, Parimatch ensures its users a secure and fair betting environment, instilling confidence in the platform's integrity and reliability. This review will unveil the features, benefits, and overall experience offered by Parimatch to comprehensively analyze its standing in the Nigerian market.

The bookmaker claims they have over 500,000 registered accounts from Nigeria, which is quite a bold statement, even for a massive sports betting service.

1 – Wide Range of Sports and Betting Markets

Parimatch offers an extensive selection of sports and events, catering to the preferences of various bettors. Popular sports like football, basketball, tennis, and cricket, along with numerous betting markets are well-represented.

2 – User-friendly Interface and Mobile App

The Parimatch platform is designed with ease of use, making it simple for users to navigate and find desired events and markets. The mobile app, available on Android and iOS devices, allows bettors to place bets and manage their accounts conveniently.

3 – Competitive Odds

Parimatch is known for offering competitive odds, essential for bettors seeking to maximize their potential returns. By providing attractive odds across various sports and markets, Parimatch stands out among its competitors.

4 – Attractive Bonuses and Promotions

Parimatch offers a variety of bonuses and promotions to entice new customers and retain existing ones. These incentives include welcome bonuses, cashback offers, and free bets, adding extra value for Nigerian players.

5 – Secure and Licensed Platform

Parimatch.ng is a secure and licensed platform, adhering to strict regulatory guidelines and employing advanced encryption technology to protect user data. That gives Nigerian bettors peace of mind when placing bets on the platform, knowing their information and funds are protected.

1 – Limited Local Payment Options

Although the general Parimatch platform supports various international payment methods, the Nigerian branch lacks some popular worldwide payment options.

This point can make deposits and withdrawals less convenient for certain users who prefer specific payment methods.

2 – Limited Customer Support

Customer support options are limited compared to other bookmakers in Nigeria. While the company offers email and live chat support, phone support is unavailable, which can be inconvenient for customers who prefer to speak directly with a representative.

According to the famous user ranking service Trust Pilot, the international branch of the bookmaker located on the .com domain has a rating of 1.8 stars out of five. However, the local Nigerian version we refer to isn’t ranked on the platform by far.

The rating system on platforms like Trust Pilot tends to be biased toward negative reviews, as satisfied users are less likely to leave a comment. This is especially true for gambling platforms, where losses can lead to intense emotions and negative feedback. As a result, it's common for such platforms to have relatively low user ratings.

Registering on Parimatch is a simple process designed to get new users up and running quickly. To begin, visit the Parimatch website or download the mobile app available for Android and iOS devices. Once on the platform, look for the "Join" button at the screen's top right corner.

Clicking the button will open the registration form, requiring you to provide some basic personal information, such as your name, date of birth, email address, phone number, and residential address. It's essential to provide accurate information, as this will be used to verify your identity later in the process, in compliance with KYC (Know Your Customer) regulations.

After filling out the required information, create a username and a secure password for your account. Choose a unique password that is difficult for others to guess. It's also a good idea to read and understand the terms and conditions and the privacy policy before proceeding.

After completing the form and agreeing to the terms and conditions, hit that submit button to register. Parimatch might email or text you with a link or code to confirm your account. Just follow the instructions given to finish the verification.

You can now access Parimatch and explore the platform with your account verified. Before placing bets, you'll need to deposit funds into your account. Navigate to the cashier or banking section, select your preferred payment method, and follow the prompts to make your deposit. Once your funds are credited, you can start betting on your favourite sports events and markets.

The bookmaker requires a local telephone number for registration, and this part of the process is essential and cannot be avoided since it is the first step.

How to Register on Parimatch Step-by-Step

Here's a step-by-step process for registering on Parimatch:

1. Visit the Parimatch website or download the mobile app (available for Android and iOS devices).
2. Locate and click the "Join" button at the screen's top right corner.
3. Fill out the registration form with the required personal information, including name, date of birth, email address, phone number, and residential address.
4. Create a unique username and a secure password for your account.
5. Read and accept the terms and conditions and the privacy policy.
6. Submit the registration form.
7. Check your email or SMS for a confirmation message with a link or code for account verification.
8. Follow the instructions provided to complete the verification process.
9. Log in to your newly created Parimatch account.
10. Navigate to the cashier or banking section to deposit funds into your account using your preferred payment method.
11. You can start betting on your favourite sports events and markets with funds in your account.

To begin the deposit process, log in to your Parimatch account on the website or mobile app. Navigate to the cashier or banking section, accessible through a button labelled "Deposit." Once there, you will be presented with a list of available payment methods.

Select the preferred payment method and input the amount you wish to deposit. It's essential to know any minimum and maximum deposit limits and any fees that may apply to your chosen method. After entering the necessary information, follow the prompts to complete the transaction. Depending on your chosen payment method, the processing time for deposits may vary. Most methods, such as e-wallets and credit/debit cards, offer instant deposits, while bank transfers take slightly longer. As we understand from the feedback of many users on the internet, the deposit methods offered by this bookie are among the worst in the Nigerian market.

Once the transaction is completed, the deposited funds will appear in your Parimatch account balance. You can now use these funds to bet on your favourite sports events and markets. Remember to gamble responsibly and only deposit an amount you are comfortable potentially losing.

Payment Methods on Parimatch

Parimatch offers various payment methods for users to deposit and withdraw funds. Some payment methods available on the platform include:

Banking Accounts

Users can transfer funds directly from their banking accounts to their Parimatch bankroll.

Withdrawals via bank transfer are also available.

e-Wallets

Parimatch accepts e-wallet payments through platforms such as Paystack and OPay, providing users with a quick and secure payment option.

USSD

Parimatch NG also provides a USSD top-up method for customers without internet banking or debit/credit cards. This method requires dialling a specific code on your mobile phone and following the prompts to complete the transaction, making it a fast and convenient way to add funds to your account.

Although PayPal is one of the most recognizable payment systems in the world, it is currently unavailable as an option. Therefore, we can only speculate whether it will be added to the e-wallet payment methods.

How to Deposit Money on Parimatch Step-By-Step

1. Register or log in to your account on the betting platform.
2. Navigate to the "Deposit” section of the website or app.
3. Select your preferred payment method from the available options. You can use credit/debit cards, e-wallets, bank transfers, mobile money, prepaid cards, or cryptocurrencies.
4. Enter the necessary payment details. This point could involve providing your card number, e-wallet account information, or other relevant data depending on the payment method.
5. Specify the deposit amount you wish to transfer to your betting account. Check the minimum and maximum deposit limits for your chosen payment method.
6. Confirm your transaction. Some payment methods may require additional verification, such as entering a One-Time Password (OTP) sent to your registered mobile number or email.
7. Wait for the transaction to be processed. The processing time varies depending on the payment method. While some methods, like e-wallets and cryptocurrencies, may process transactions instantly, others, like bank transfers, could take longer.
8. Once the deposit has been processed successfully, the funds should be available in your betting account balance. You can now use these funds to bet on your favourite sports or casino games.

Payment Systems Parimatch Nigeria Accepts

• GT Bank
• Interswitch
• O-Pay
• Paystack
• USSD
• Flutterwave

1. If you haven't done so, create an account on the Parimatch website or log in to your existing account.
2. Ensure you have sufficient funds in your account. If not, deposit money using your preferred payment method described in previous answers.
3. Browse the available sports on the Parimatch platform, such as football, basketball, tennis, or esports. Click on the sport you're interested in to view upcoming events and matches.
4. You'll see various betting markets with different odds for each event or match. These markets could include match winners, total goals, handicap betting, and more. The odds represent the likelihood of a specific outcome occurring and determine your potential winnings.
5. Click on the odds of the outcome you want to bet on. This point will add the selection to your bet slip, which is usually located on the right side of the screen or at the bottom of the screen on mobile devices.
6. In your bet slip, input the amount you want to wager on your selected outcome(s). The bet slip will automatically calculate your potential winnings based on the odds and your stake.
7. After reviewing your selections and potential winnings, click the "Place Bet" button on the bet slip to finalize your bet. Your wager will now be active, and you can monitor its progress in your betting history or account dashboard.
8. Watch the event, if possible, to see how your bet performs. You can also follow live updates or check the results on the Parimatch platform.
9. If your bet wins, you get your cash. It will show up in your account balance, and you can decide whether to cash out or keep betting.

Most bettors statistically lose their entire first deposit on their initial attempts. Therefore, we would like to remind you that gambling can be risky, and it's always recommended to gamble responsibly, avoiding problem gambling.

1. Extensive sports coverage and betting markets

Parimatch provides a wide selection of sports and events for users to bet on, including popular sports such as football, basketball, tennis, volleyball, cricket, and more. Additionally, the platform offers various niche sports and esports to cater to different preferences.

Users can choose from various betting markets for each event, including match winner, over/under, handicaps, correct score, etc. This extensive coverage allows bettors to find their preferred events and explore diverse betting options, catering to casual and experienced users.

To attract and surprise customers, Parimatch offers betting markets for less common sports, such as floorball and squash, in addition to well-known sports like football, basketball, and ice hockey, intending to provide options for a variety of interests.

2. User-friendly interface and mobile compatibility

The platform's interface features a sleek and modern design, with clear and concise menus that allow for quick navigation to various site sections. Users can easily filter and sort through the available sports and events, view live scores and updates, and track their bets and account activity. Additionally, the mobile app offers a seamless betting experience on the go, with all the same features and functionality as the desktop version. Based on the opinions of various UX designers, the interface of Parimatch is one of the best among bookmakers worldwide.

The website is optimized for desktop and mobile devices, ensuring a seamless betting experience across different platforms. Parimatch also offers dedicated mobile apps for iOS and Android devices, allowing users to bet on the go and receive real-time updates on their bets.

The mobile version of the website has all the features of the desktop version and it is highly responsive and smooth, which is not so often offered on other sportsbook platforms.

3. Competitive odds and promotions

Parimatch strives to provide competitive odds across various sports and betting markets, which can lead to better potential returns for users. Additionally, the platform frequently offers promotions, bonuses, and special offers to attract new users and retain existing ones. These promotions can include welcome bonuses, deposit bonuses, free bets, cashback offers, and enhanced odds, among others. These incentives enhance the betting experience and allow users to increase their winnings or reduce their losses.

While these points illustrate some of the strengths of Parimatch, it is essential to consider factors such as customer support and payment options when choosing an online betting platform. Always ensure your platform is licensed and regulated in your jurisdiction, and research user reviews and experiences to make an informed decision.

Parimatch offers a cash-out feature that allows users to settle their bets early before the event or match has concluded. This feature gives bettors more control over their wagers. It can be beneficial in situations where the outcome of the bet is uncertain or when a user wants to secure a portion of their potential winnings.

Here's how the cash-out feature works on Parimatch:

1. Cash-out is available for selected pre-match and in-play bets. When placing a bet, look for the cash-out icon or indication to make sure that the specific market you're betting on is eligible for cash-out.
2. Keep an eye on the event's progress or the match you've bet on. You can follow the live updates on the Parimatch platform or watch the event (we describe this in more detail below).
3. You can cash out your bet during the event. It depends on the market, how the event is going, and the current odds. To check if you can cash out, visit your open bets or betting history. According to the information from the company’s support helpdesk, the cash-out function is used only by around 5-10% of users worldwide (so it is not a widespread function).
4. Parimatch will give you the offer to cash out if it's available. This offer will show you how much you can get if you cash out your bet early. The amount you get may change depending on the odds and how likely your bet is to win. So, do not always rely on the cash-out option when betting at Parimatch, as it may not be available for all bets.
5. If you're satisfied with the offer, you can cash out your bet by clicking the "Cash Out" button. This will settle your bet early, and the cash-out amount will be credited to your account balance. If you decide not to cash out, simply let the bet continue and wait for the event to conclude.

Please note that the cash-out feature may only sometimes be available or temporarily suspended during certain stages of an event. Additionally, the cash-out amount may change throughout the event as the odds fluctuate. Always exercise caution and consider your betting strategy when using the cash-out feature.

Withdrawing your winnings from Parimatch is a simple process. Here's a step-by-step guide on withdrawing funds from your account:

1. Login: Sign in to your Parimatch account using your username and password.
2. Navigate to the withdrawal section: Access the "Withdraw" section of the website or app. This module is usually located in your account settings or profile.
3. Choose a withdrawal method: Select your preferred one from the available options. That could include bank transfers, credit/debit cards, e-wallets, cryptocurrencies, or mobile money, depending on the options supported by the bookmaker in your region.
4. Enter the withdrawal amount: Specify the amount you wish to withdraw from your account balance. Check your chosen method's minimum and maximum withdrawal limits and associated fees.
5. Provide necessary details: Depending on the withdrawal method, you may need to provide additional information, such as your bank account number, e-wallet ID, or other relevant details.
6. Confirm your withdrawal request: Review your withdrawal details and submit your request by clicking the "Confirm" button.
7. Wait for processing: Parimatch will process your withdrawal request, which can take several hours to several days, depending on the withdrawal method. E-wallets and cryptocurrencies typically have faster processing times, while bank transfers may take longer.
8. Receive your funds: Once your withdrawal request has been processed and approved, the funds will be transferred to your chosen withdrawal method. Remember that your bank or payment provider may require additional processing time.

Always ensure your account is fully verified and you have met any wagering requirements associated with bonuses or promotions before attempting to withdraw.

Parimatch is known for offering competitive odds across a wide range of sports and betting markets. Odds are an essential aspect of sports betting as they indicate the probability of a particular outcome and determine the potential payout of a bet. The better the odds, the higher the potential returns for bettors.

Sports Coverage

Parimatch covers many sports, including popular options such as football, basketball, tennis, and cricket and niche sports like esports and MMA. This comprehensive coverage ensures that bettors can find the events and sports they are most interested in.

The bookmaker offers various betting markets for each event, each with its own set of odds. These markets can include match winners, over/under, handicaps, correct scores, and others. The availability of multiple betting markets allows users to explore different betting strategies and find the best odds for their preferred outcomes.

In-Play Betting

Parimatch also offers in-play or live betting, allowing users to place bets on events already in progress. In-play betting features dynamic odds that change in real-time based on the current state of the event, providing bettors with additional opportunities to find value in the odds.

When betting on Parimatch or any other platform, it's always a good idea to compare the odds across different bookmakers to ensure you get the best value for your bets. This practice, odds shopping or line shopping, can help maximize your potential winnings and improve your overall betting experience. You can check the best odds in our odds comparison block on the forecasts pages.

Welcome Bonus 

This bonus is offered to new users upon registering and making their first deposit. Welcome bonuses typically match a percentage of the user's first deposit (e.g., 100% match up to a certain amount) and may require a minimum deposit to qualify.

Free Bets

These bonuses allow users to place bets without risking their own money. The platform may credit a specific amount or several free bets to the user's account, which can be used on selected sports or markets.

Deposit Bonus

Similar to a welcome bonus, but available to existing users as well. Deposit bonuses match a percentage of a user's deposit, providing additional funds for betting. These bonuses may be offered as special promotions or for specific events.

Cashback Bonus

This type of bonus returns a percentage of a user's net losses over a specified period (e.g., a week or a month). Cashback bonuses can reduce the impact of losses and encourage continued betting.

Enhanced Odds

Sometimes offered as part of promotions or for specific events, enhanced odds provide users with better odds on selected markets or outcomes. This fact can lead to higher returns if the bet is successful.

Accumulator Bonus

This bonus is designed to reward users who place accumulator or multi-bets (bets with multiple selections).

The platform may offer a percentage boost on potential winnings or provide cashback if only one selection in the accumulator fails.

Refer-a-Friend Bonus

Users can earn bonuses by referring friends to the platform. When a referred friend registers and meets specific criteria (e.g., depositing a certain amount), the referring user may receive a bonus.

One easy way to receive your first welcome bonus is to select the "I want the bonus" checkbox during registration. By doing so, you can immediately receive a 120% boost to your first deposit bonus, up to NGN 120,000, which is a quite generous offer compared to other trustworthy betting platforms.

Parimatch offers a dedicated mobile app for users who prefer to bet on the go using their smartphones or tablets. The mobile app is designed to provide a seamless and user-friendly betting experience, with all the features and functionalities available on the desktop version.

The Parimatch mobile app is available for both iOS and Android devices. Users can download the iOS version from the Apple App Store, while Android users can download the app from the Parimatch website (due to Google Play Store restrictions on gambling apps).

The app features a clean and easy-to-navigate design, allowing users to quickly find their desired sports, events, and betting markets. The app is optimized for touchscreen devices, making placing bets, managing account settings, and accessing promotions simply.

The Parimatch mobile app offers the same extensive sports coverage as the desktop version, including football, basketball, tennis, cricket, esports, and more. Users can easily switch between pre-match and in-play betting options and explore the various betting markets available for each event.

The app supports live betting, allowing users to bet on events already in progress. This feature adds an extra level of excitement and engagement, with dynamic odds that change in real time based on the current state of the event.

Users can easily manage their account settings, deposit and withdraw funds, and view their betting history within the app. The Parimatch mobile app also supports push notifications, ensuring users stay informed about the latest promotions, event updates, and best outcomes.

The Parimatch mobile app utilizes the same security measures as the desktop version, including SSL encryption and secure payment processing, to protect users' personal and financial information.

How to download the mobile app

For iOS

1. Open the App Store on your iOS device, go to the Apple App Store.
2. Search for Parimatch in the App Store, use the search bar to type "Parimatch" and start the search.
3. Locate the Parimatch app and find the official Parimatch app from the search results. The app icon should feature the Parimatch logo, and the developer should be listed as "Parimatch Sports Betting" issued by “PARI – TECH CY LIMITED”.
4. Tap the "Get" button next to the Parimatch app to download it. You may be prompted to enter your Apple ID password or use Face ID or Touch ID to authorize the download.
5. Once the download is complete, the Parimatch app will automatically install on your iOS device.
6. Locate the Parimatch app icon on your device's home screen and tap on it to open the app.
7. If you already have a Parimatch account, log in with your existing credentials. If you're new to Parimatch, follow the in-app instructions to create a new account.

For Android

Unfortunately, the Parimatch mobile app is currently not available for download from the Google Play Store. However, users can still download the app by visiting the Parimatch website on their mobile device and following the download links provided. To download the Parimatch mobile app:

To download the Parimatch mobile app for Android devices, follow these steps:

1. Allow installation from unknown sources: Due to Google Play Store restrictions on gambling apps, you'll need to download the app directly from the Parimatch website. Before doing so, you must enable installation from unknown sources on your Android device. Go to your device's "Settings" > "Security" (or "Privacy" on some devices) > enable "Unknown Sources" or "Install Unknown Apps." This point will allow you to install apps from sources other than the Google Play Store.
2. Visit the Parimatch website: Open your preferred mobile web browser and go to the official Parimatch website.
3. Look for the link at the bottom of the website advertising the mobile app as its depicted below:

4. Tap the Android app download link or button to download the Parimatch APK file. A notification or prompt may appear asking if you want to download the file. Confirm by tapping "Download" or "OK."
5. Once the download is complete, locate the downloaded APK file in your device's "Downloads" folder or the notification panel.
6. Tap on the downloaded APK file to start the installation process. You may be prompted to confirm the installation. Tap "Install" or "OK" to proceed.
7. After the installation, the Parimatch app icon will appear on your device's home screen or app drawer. Tap on the icon to open the app.
8. If you already have a Parimatch account, log in with your existing credentials. If you're new to Parimatch, follow the in-app instructions to create a new account.

You can use the Parimatch mobile app on your Android device. Remember to update the app regularly by checking the Parimatch website for the latest APK file and installing it, as automatic updates are unavailable for apps installed outside the Google Play Store.

Sports Coverage

Parimatch offers a wide variety of sports and events for users to bet on, including popular sports like football, basketball, and tennis, as well as niche sports like esports and MMA.

Some competitors may have a more extensive selection, while others might focus on specific sports or regions. Consider the sports you're most interested in and compare the offerings.

Betting Markets

Parimatch provides an array of betting markets for each event, giving users more opportunities to find the best value and suitable bets. When comparing to other betting sites, consider the variety of betting markets and the types of bets available.

Odds

Competitive odds are crucial in sports betting, as they determine the potential return on your bets. Parimatch is known for offering competitive odds across its sports and markets. However, comparing odds across multiple platforms is always a good idea to ensure you get the best value.

User Experience

The Parimatch platform is designed for ease of use, with an intuitive interface on both desktop and mobile versions. This user-friendly experience may give Parimatch an advantage over competitors with less polished or more complex interfaces. To find the platform that suits you best, it's a good idea to test different options and see which one you find most comfortable and easy to use.

Bonuses and promotions

Parimatch offers various bonuses and promotions for new and existing users, such as welcome bonuses, free bets, and cashback offers. When comparing to other betting sites, consider the types of promotions available, the frequency of offers, and the terms and conditions associated with each bonus.

Parimatch also offers an online casino alongside its sportsbook, providing users with a wide range of casino games.

Various games are available, including popular categories such as slots, table games, video poker, and live dealer games. Users can choose from hundreds of slot titles and different variants of classic table games like blackjack, roulette, and baccarat. Other games, such as Poker and Bingo, are also available to play.

The live casino section at Parimatch features real-life dealers and real-time gameplay, bringing an authentic casino experience to users' screens. The live casino offers various games, including live blackjack, live roulette, live baccarat, and live poker, with different tables catering to different bet sizes and preferences.

Parimatch collaborates with some of the industry's top software providers to ensure a high-quality gaming experience. These providers include well-known names like NetEnt, Microgaming, Play'n GO, Evolution Gaming, and more. The variety of providers guarantees a diverse selection of games with top-notch graphics, sound, and gameplay.

Parimatch offers casino-specific bonuses and promotions separate from its sportsbook offers. These include welcome bonuses, free spins, deposit bonuses, cashback offers, and more. Casino bonuses have specific wagering requirements and terms and conditions, so always read the fine print before claiming an offer.

Parimatch ensures a secure and fair gaming environment by using SSL encryption to protect users' personal and financial information.

Additionally, independent agencies regularly test casino games for fairness and randomness, ensuring users enjoy a fair gaming experience.

It's worth noting that the casino service offered by Parimatch is primarily a side service intended to diversify the platform's offerings and provide additional revenue streams. While Parimatch offers a range of casino games, it's important to remember that the platform's primary focus is sports betting.

Sports betting is often considered a more predictable and safer option for those new to online gambling. Sports betting involves making informed predictions about the outcome of sporting events. While there is always an element of risk involved, it can be a more reliable form of gambling than casino games, which are typically based purely on chance.

Ultimately, whether to engage in casino games or sports betting is a personal decision each user must make. However, it's essential to be aware of the potential risks involved in gambling and to gamble responsibly and within your means.