Parimatch is a gambling site available in several countries, including India. Aside from its standard betting options, the operator recently started offering a Betting Exchange. The Parimatch betting exchange is available to registered customers and allows them access to higher odds.
Despite its popularity, some punters in India haven’t used a betting exchange yet. Therefore, this review will go over the important things everyone should know about this option at Parimatch.
What is the Parimatch India Betting Exchange?
The Parimatch India betting exchange is a service for punters who want to wager on the outcome of specific events. The betting form provides similar options to the standard betting section. However, customers have the chance to trade their bets because they can buy and sell them.
There are several exchange betting sites in India, but the option available by Parimatch provides more opportunities. Thanks to the so-called Back and Lay betting (we will discuss them in a bit), users will have higher odds.
What are the differences between the Parimatch Betting Exchange and the Regular Sportsbook?
The differences between the Parimatch betting exchange and the regular sportsbook are how they function. Online bettors in India who decide to use the first option have to play a BACK or LAY bet. Once ready, they have to wait for someone to match that bet.
Users who don’t want to use any betting exchange sites in India can test the regular sportsbook. The latter gives them access to numerous sports and markets, so users simply have to choose their own options.
Parimatch Back and Lay betting
Everyone interested in a betting exchange will see the terms Back and Lay. You will use the first one if you decide to put money on the positive outcome for something. Usually, you can place a Back bet that a given team or player will win.
However, if you decide to use the Parimatch exchange betting site in India and place a Lay Bet, you wager that the given thing won’t happen. Depending on the event and the sport you like, the odds will be different. Unlike other gambling platforms, this allows its clients to wager on various spots.
How to place bets using the Parimatch Bets Exchange in India?
To place bets using the Parimatch bets exchange in India, you have to:
- Open this company’s website on your preferred device.
- Select the ”Sign up” button to register or “Log In” to access your existing account.
- Head over to the payment department and choose one of the deposit alternatives.
- Check the ongoing bonuses and make a deposit.
- Go to “Exchange” and check all of the available options.
There might be different online betting exchange sites in India, but Parimatch is on another level. The site is easier to use than its rivals.
Odds for Exchange betting
One of the main reasons so many people are interested in the Parimatch exchange cricket betting options is the odds. Although every company uses different metrics to determine its odds, Parimatch offers better opportunities.
The Exchange section is home to impressive odds like the standard betting category. Even though some sports may provide slightly better odds than others, there are usually enough options.
Pros and Cons of Parimatch Betting Exchange
This Parimatch India review aims to show this operator’s good and bad things. By doing this, you can decide whether using this iGaming company is worth it.
- Pros:
- The betting exchange from Parimatch offers good odds.
- This option provides sports bettors with a unique experience.
- You can use the Parimatch Bets Exchange to wager on different sports.
- The option is also available to mobile users.
- You can use different kinds of features while betting.
- Cons:
- Inexperienced bettors may be scared to put this option to the test because it is more complicated.
- Since Backing or Laying a bet could take time, some people prefer the standard betting section.
The Sports that people use Bets Exchange for in Parimatch India
Unlike other betting exchange sites in India, Parimatch allows clients to avail themselves of different sports. We’ve highlighted the options below, so feel free to check them.
Cricket Betting Exchange
Cricket is the number one sport in India when it comes down to popularity. Hence, users can get the best exchange cricket betting experience at Parimatch. The operator provides punters with the opportunity to trade on cricket events.
Indian Premier League
There are different cricket competitions, but the Indian Premier League is on another level in popularity. If you want to use the Parimatch cricket exchange to wager on this Twenty20 cricket league, you will find many opportunities.
Football Betting Exchange
Almost every punter in India likes football. The operator’s regular sportsbook provides loads of options for this sport, and the same goes for the bets exchange. Aside from the good odds that attract many people, the Parimatch betting exchange allows Indians to wager on different leagues.
Bettors can choose from the English Premier League, Spanish La Liga, Scottish Premiership, etc.
Tennis Betting Exchange
Due to how a betting exchange works, Parimatch allows tennis bettors to make higher bets. Of course, they can only avail themselves of this option if someone else decides to bet.
The tennis betting exchange offers Indian bettors to wager on multiple events. Although some people will only focus on the big tournaments, there are also numerous smaller competitions.
Horses
Apart from the sports mentioned above, online bettors in India who use Parimatch can also punt on horses. However, there are not that many options to choose from, so check the section beforehand.
Greyhounds
Like betting on horses, everyone who likes online punting can use Parimath’s betting exchange to wager on Greyhounds. Unlike cricket, tennis, and football, this sport does not always offer things to bet on.
Betting Exchange In-Play at Parimatch India
In-Play or Live Betting is one of the most impressive features used by online bookmakers, such as Parimatch. This feature allows bettors to wager on live events. Unlike other betting exchange sites in India, Parimatch offers this feature for all clients.
Punters interested in In-Play and the Betting Exchange have to wait until a given event begins. Once that happens, they have to check the special section and see any active bets.
Parimatch India betting exchange app
Many bettors in India who want to use Parimatch are interested in mobile betting. If you are one of them, you can download and install the betting exchange app on your Android and iOS device.
Gaining access to the Parimatch mobile app is easy, and it won’t take more than a couple of minutes. Once you’re ready, use your existing login details, make a deposit, and check India’s leading betting exchange platform. You should find the same sports and events accessible to desktop users.Commissions
Regardless of which online bookie you’re using, you will have to pay commissions for every bet you make. There is no need to pay these fees separately because they are already included in the odds.
Even though there might be exceptions, most bookies in India with a Betting Exchange have commissions. Parimatch also falls into this category, but the commissions are low, unlike those found in other brands.
Is Parimatch India legal?
Yes, Parimatch India is legal. The operator is available in several other countries and has many fans in Eastern Europe.
With more than 28 years of experience, Parimatch uses a Curacao eGaming license. It also provides a solid range of security features. So, if you decide to use the Pari match bet options, you shouldn’t have any safety problems.
Payment Methods
To use the Parimatch Betting Exchange, you need to sign up and make a deposit. Luckily, there are numerous online payment options to choose from, and all of them offer instant deposits.
You can choose from Credit/Debit cards, e-wallets, mobile payments, cryptocurrencies, and bank transfers. Each option has a specific minimum deposit requirement, whereas the maximum amount varies.
Withdrawals can take up to 5 days and usually require 500 INR.
| Payment Method | Deposit Minimum | Deposit Maximum | Time for Deposit | Minimum Withdrawal | Withdrawal Maximum | Time for Withdrawal |
|---|---|---|---|---|---|---|
 UPI | ₹200 | ₹100,000 | Instant | ₹500 | - | up to 5 days |
 GooglePay | ₹200 | ₹100,000 | Instant | |||
 Paytm | ₹200 | ₹100,000 | Instant | |||
 PhonePe | ₹200 | ₹100,000 | Instant | |||
 Bitcoin | 0.0001 BTC | - | Instant | |||
 Tether | 2 USDT | - | Instant | |||
 AstroPay | ₹400 | ₹80,000 | Instant | ₹500 | - | up to 2 days |
 Bank Wire Transfer | ₹500 | - | up to 3 days | |||
 Cash on Delivery | ₹500 | - | 1 business day | |||
 IMPS | ₹500 | - | up to 5 days | |||
 NetBanking | ₹500 | - | up to 3 days |
FAQ
How to use Parimatch sports betting exchange?
You need to place a Back or Lay bet to use sports betting exchange.
Which is the best betting exchange in India?
The best betting exchange in India is available at Parimatch, one of the leading betting sites.
Can I bet on live cricket events while using the Parimatch India bets exchange?
You can bet on live cricket events using the Parimatch India bets exchange.
How to win if you place an exchange bet at Parimatch India?
To win your exchange bet at Parimatch India, you have to predict whether the team/player will win or lose.
Does exchange betting at Parimatch work for football?
Yes, exchange betting at Parimatch works for football.
Can I use the Parimatch betting exchange in India on my smartphone?
Yes, you can use the Parimatch Betting Exchange in India on your smartphone.
How long do I have to wait for someone to Lay my bet?
You may have to wait up to a couple of minutes for someone to Lay your bet.
Final Thoughts about the Parimatch India betting exchange
Even though the Parimatch India betting exchange is not for everyone, it is an option that is not available on many other sites. Online bettors interested in this option can expect to find good odds. Unlike other bookies, Parimatch provides multiple sports, including the most popular alternatives in India.
Since the Betting Exchange is great, our final rating for Parimatch India and this option is 4.6. It is easy to use, and punters can put it to the test even when they are on the go.
Last updated: 26 Jul, 2023 at 13:06