Is Parimatch Safe and Legal in India?

Parimatch is an online sports betting and gambling platform which operates in many countries around the world, including Asia. Online betting in India is in a grey area. This is due to the fact that the laws and regulations regarding online betting vary from state to state: in some they are illegal while in others they are legal.

A Brief Overview of Parimatch

Parimatch was founded in 1994 and launched its first website six years later. Parimatch is licensed and regulated by the government of Curacao, which is an established jurisdiction for online gambling. It is also licensed by the Cyprus Gambling Commission.

Betting operators takes privacy seriously. The platform uses SSL encryption to protect personal data, including personal and financial information. This technology ensures that information is transmitted securely and cannot be intercepted by third parties.

In addition, Parimatch has a comprehensive privacy policy. It describes the types of data that the platform collects and how it is used. This policy is compliant with the General Data Protection Regulation (GDPR), which is a set of rules governing the collection and processing of information for all EU residents.

Why is Parimatch Safe in India?

As for Parimatch specifically, it operates under a Curacao eGaming license. This is a regulatory body that is a recognized authority in the gambling industry. In addition, the betting platform uses advanced security measures to protect user data and financial transactions. This ensures that confidential information and deposit funds are kept safe.

The legality of online bets in India is not entirely clear, but Parimatch is considered a safe and trustworthy operator if the user is located in a state where online gambling is legal. Nevertheless, it is always advisable to check the laws of a particular region before taking part in gambling.

Why is Parimatch Betting Legal in India?

Many Indian players are wondering: is Parimatch safe in India? To answer this question, we need to take a closer look at the local gambling laws. The country’s Supreme Court has ruled that sports betting is legal because it involves a significant degree of skill and knowledge, not just chance.

And while Parimatch offers gambling entertainment – slots, lotteries, live casino – it focuses more on sports betting, which is not legally banned. Indian players can place bets on dozens of cricket, football, tennis and other matches without fear of administrative or criminal liability.

Is Parimatch Legal in Karnataka?

Currently, there is no specific law or regulation in the state of Karnataka that explicitly prohibits or permits online betting and gambling. However, the state does have the Karnataka Police Act, 1963, which prohibits betting and gambling activities in public places.

It is worth noting that the Public Gambling Act of 1867, which is in force in all states of India, prohibits the operation of physical gambling establishments, including betting shops, and makes it illegal to visit such places. However, it does not contain specific provisions relating to interactive betting.

Is Parimatch Legal in Andhra Pradesh?

No, online betting is illegal in Andhra Pradesh. In September 2020, the state government issued an ordinance amending the Gambling Act of 1974, which bans all gambling, including online betting.

The ordinance makes it illegal to operate betting platforms and also prohibits wire transfers to gambling organisers. The Andhra Pradesh government has ordered internet service providers to block access to such sites, including Parimatch.

Is Parimatch Legal in Telangana?

Currently, no bookmaker is allowed to provide services to Telangana residents. In 2017, the state government passed the Gambling Ordinance 2017, which amended the Gambling Act 1974, banning interactive betting.

Which Countries’ Parimatch Betting Is Restricted and Allowed?

Parimatch is an international betting operator that operates in dozens of countries around the world. However, the availability of its services and the legal status of interactive betting may vary according to the laws and regulations of each region and country.

Below is a brief summary of the countries where Parimatch is either banned or allowed to operate:

• Allowed in: India, Bangladesh, Pakistan, Tanzania, Kenya, Nigeria, Cyprus, Ukraine. Tanzania, Moldova, Kazakhstan, Brazil.
• Countries banned: United Kingdom, USA, France, Spain, Italy, Switzerland, Austria, Belgium, Latvia, Lithuania, Czech Republic, Slovakia, Poland, The Netherlands, Denmark, Sweden, Norway, Hungary, Romania, Greece, Slovenia, Croatia, Serbia, Bulgaria, Montenegro, North Macedonia, Bosnia & Herzegovina, Albania, Kosovo, Moldova, Afghanistan, Iraq, Iran, Syria, Yemen, Sudan.

Why is Parimatch a Good Betting Site for Indian Players?

There are several reasons why Parimatch is a good betting site for Indian players:

• Reliability. Parimatch is a licensed and regulated betting platform that operates in India under the Curaçao eGaming license. This means that users can trust the site in terms of security and reliability.
• A wide selection of sports. There are almost three dozen disciplines and a huge selection of betting marquees in the line-up. Wagers are accepted on popular games including cricket, basketball, football, cybersports, tennis and chess.
• Competitive odds. Parimatch offers high odds in its betting markets, which increases players’ chances of big winnings.
• Convenient payment options. The betting site offers convenient payment services from AstroPay to PhonePe, which is popular in India.
• Live betting. Ranked matches in football, cricket and other sports are streamed live. And the streaming service is available without a subscription fee.

Summary

All in all, Parimatch is a worthy betting operator for Indian punters as it offers legitimate, reliable and convenient betting, a wide range of sports and events to bet on and competitive odds.

FAQ

Can I Access Parimatch from India?

Yes, Parimatch official website is legal in almost all the country except for the two states of Telangana and Andhra Pradesh.

Are Casino Games on Parimatch Legal in India?

There is no specific law against online casino games in India, so Parimatch should not be considered illegal in most of the states.

How to Legally Deposit Money on Parimatch?

Parimatch cooperates with certified payment providers. Transactions can be made through MobiKwik, UPI, Visa, PayTM, Netbanking, Mastercard and Crypto-currencies.