Parimatch Online Betting Platform Rules

Account Registration and Verification

Eligibility Requirements

• Age Restriction:You must be at least 18 years old or meet the legal age requirement in your jurisdiction to open a Parimatch account.
• Geographical Restriction:Account registration is restricted to residents of countries where online betting is legal.

Identity Verification and KYC Procedures

• Required Documentation:To verify your identity, you must provide valid identification documents (e.g., passport, driver’s license) and proof of address (e.g., utility bill, bank statement).
• KYC Compliance:Parimatch adheres to KYC procedures to prevent fraud, money laundering, and to ensure a secure betting environment.

Account Security Measures and User Responsibilities

• Password Protection:Users are responsible for keeping their account credentials confidential. It is recommended to use strong, unique passwords.
• Account Activity:Monitor your account regularly for any unauthorized activity and report suspicious activities to customer support immediately.

2. Betting and Wagering

Types of Bets and Wagers

• Single Bets:A bet on a single event or outcome.
• Multiple Bets:Combining two or more selections in one bet.
• Live Betting:Placing bets on events as they happen in real-time.
• Special Bets:Including prop bets, future bets, and others as specified on the platform.

Minimum and Maximum Bet Limits

• Minimum Bet:The minimum amount you can wager is set at Rs. 100.
• Maximum Bet:Maximum bet limits vary by event and are clearly indicated on the betting slip.

Odds and Payouts

• Odds Formats:Parimatch offers decimal, fractional, and American odds formats.
• Payout Calculations:Payouts are based on the odds displayed at the time the bet is placed.

Restrictions on Bet Types or Events

• Prohibited Bets:Bets on certain events may be restricted based on legal regulations or company policy.
• Event-Specific Restrictions:Some events may have special restrictions, which will be communicated on the event’s betting page.

3. Deposits and Withdrawals

Accepted Payment Methods

• Payment Options:Visa, MasterCard, PayPal, Skrill, Neteller, bank transfers, and other methods as listed on the website.
• Processing Times:Deposits are usually instant. Withdrawal processing times may vary from 1 to 5 business days depending on the method.

Minimum and Maximum Deposit/Withdrawal Limits

• Minimum Deposit: 100
• Maximum Deposit: 10,000 per transaction
• Minimum Withdrawal: 1,000
• Maximum Withdrawal: 10,000 per transaction

Fees and Charges

• Transaction Fees:Parimatch does not charge fees for deposits or withdrawals, but your payment provider may apply certain fees.

4. Bonuses and Promotions

Available Bonuses and Promotional Offers

• Welcome Bonus:Available to new users upon their first deposit.
• Seasonal Promotions:Various bonuses and promotions offered throughout the year.

Eligibility Criteria and Wagering Requirements

• Eligibility:Specific bonuses may have eligibility requirements, such as minimum deposit amounts or betting activity.
• Wagering Requirements:Bonuses may be subject to wagering requirements, which must be met before any winnings can be withdrawn.

Terms and Conditions for Bonus Redemption

• Redemption:Bonuses must be redeemed within the specified timeframe.
• Usage:Bonuses cannot be transferred or exchanged for cash.

5. Responsible Gambling

Measures to Promote Responsible Gambling

• Self-Assessment Tools:Available to help users understand their gambling habits.
• Deposit Limits:Users can set daily, weekly, or monthly deposit limits.

Self-Exclusion and Account Closure Options

• Self-Exclusion:Users can opt to self-exclude from the platform for a specified period.
• Account Closure:Permanent account closure options are available for those who need it.

Resources and Support

• Support Services:Access to support services such as counseling and helplines is provided.
• Educational Resources:Information on responsible gambling practices and how to gamble safely.

6. General Terms and Conditions

Intellectual Property Rights

• Content Ownership:All content on the Parimatch platform is owned by Parimatch or its licensors.
• Usage:Users are granted a limited, non-exclusive license to use the platform for personal, non-commercial purposes.

Limitations of Liability and Disclaimers

• Liability:Parimatch is not liable for any losses incurred through the use of the platform, including losses due to betting outcomes.
• Disclaimers:All betting activities are conducted at the user’s own risk.

Governing Laws and Dispute Resolution

• Governing Law:These rules are governed by the laws of the jurisdiction where Parimatch is licensed.
• Dispute Resolution:Any disputes arising from the use of the platform will be resolved through arbitration or in the competent courts of the governing jurisdiction.

These rules and guidelines are designed to ensure a safe, fair, and enjoyable betting experience on the Parimatch. For any further assistance or clarification, please contact our customer support team.