Parimatch has rapidly emerged as one of the leading online betting platforms, offering a dynamic and intuitive interface tailored to the unique preferences of the Indian betting community. With a strong global presence and a growing footprint in India, the sportsbook combines international betting standards with localized features, catering to popular Indian sports like cricket, kabaddi, and football, alongside global markets in tennis, esports, and more.

Online sports betting in India exists in a legally grey area, with the Public Gambling Act of 1867 not directly addressing online platforms. However, many Indian punters access international sportsbooks like Parimatch, which operate legally under offshore licenses. As long as betting is done personally on platforms that accept Indian players and payments in INR, it is widely practiced across the country.

Understanding the types of bets available on Parimatch is crucial for anyone looking to improve their betting strategy. Whether you’re a cricket enthusiast hoping to back your favorite team in the IPL or a football fan exploring European leagues, knowing which bet type suits your risk appetite and knowledge level can significantly impact your betting success. This guide explores all the major and niche betting types available on Parimatch for Indian punters.

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Overview of Parimatch Betting Markets

Parimatch offers one of the most versatile and expansive betting markets among online sportsbooks operating in India. Designed with both casual bettors and seasoned punters in mind, the platform delivers an impressive variety of sports and betting categories that cater specifically to the preferences of Indian bettors.

Sports covered: Cricket, Football, Tennis, Kabaddi, Esports, etc.

At the forefront of Parimatch’s sportsbook offerings is cricket, the most beloved sport in India. Whether it’s domestic leagues like the IPL, international tournaments like the ICC World Cup, or bilateral series featuring India, the platform offers in-depth markets for everything from match winner and total runs to player-specific bets like top batsman or bowler. Real-time data integration and live betting features enhance the cricket betting experience, especially during high-stakes matches.

Beyond cricket, Parimatch features a strong lineup of global sports, including football, tennis, basketball, table tennis, and kabaddi—the latter being a unique offering that resonates deeply with Indian audiences. Football fans can explore top leagues such as the English Premier League, UEFA Champions League, La Liga, and even the Indian Super League (ISL), with a rich array of bet types including match result, BTTS, corners, and cards.

In addition, Parimatch provides dedicated coverage of horse racing, offering markets on major international races with options like win/place bets and forecasts. UFC and other combat sports are also heavily featured, allowing users to bet on outright winners, method of victory, round betting, and more. The platform also includes volleyball and ice hockey, alongside several other sports, with competitive odds and markets. Its wide coverage adds variety for bettors seeking alternative betting avenues beyond mainstream events.

Parimatch sports coverage

Esports and Virtual Sports

The platform also recognizes the growing interest in Esports and virtual sports among Indian youth. Users can bet on popular titles like Dota 2, CS: GO, and Valorant, with multiple live betting options available. Similarly, virtual football and horse racing simulations provide quick-result betting alternatives that run 24/7.

Parimatch esports coverage

Pre-Match vs Live/In-Play Betting Markets

Parimatch supports both pre-match betting, where odds are locked in before the event starts, and in-play (live) betting, where odds dynamically update based on the real-time flow of the game. This flexibility allows bettors to adapt their strategies depending on their risk appetite and understanding of the match as it unfolds.

User Interface and Accessibility

From mobile-optimized experiences via Android apps and iOS PWAs to secure and quick payments in INR, Parimatch ensures that Indian punters can access these markets conveniently. With regional sports, competitive odds, and betting depth that caters to all experience levels, Parimatch stands out as a sportsbook that truly understands and adapts to the evolving Indian betting landscape.

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Main Types of Bets at Parimatch

Parimatch offers a wide variety of betting types to cater to different levels of punters, from beginners placing their first cricket bet to seasoned punters building complex accumulator slips. Understanding each bet type is crucial not just for maximizing winning potential but also for developing a smart, responsible approach to wagering.

This section breaks down the core types of bets available on Parimatch, explains how they work, when they’re best used, and provides examples tailored to Indian punters.

Single Bets (Straight Bets)

A Single Bet is the most basic and straightforward type of wager available on Parimatch. It involves placing a bet on a single outcome. If your selection wins, you win the bet. If it loses, you lose the stake.

Example:

You bet ₹1,000 on India to beat Australia in a T20 match at odds of 2.10. If India wins, you receive ₹2,100 (₹1,000 x 2.10), including your stake. If India loses, you lose ₹1,000.

Why Bettors Like It:

When to Use:

Parimatch single bet

Accumulator Bets (Parlays)

An Accumulator Bet, often called a parlay, involves combining multiple selections into one bet slip. All selections must win for the bet to pay out. If even one leg loses, the entire bet is lost.

How it works:

The odds of each selection are multiplied to offer a much higher payout than placing individual single bets.

Example:

If you bet ₹500 and all teams win, your return is ₹3,960.

Benefits:

Drawbacks:

Tips for Punters:

Parimatch accumulator bet

System Bets

System Bets are a more advanced type of betting offered on Parimatch. They are similar to accumulators but include combinations that allow for some selections to lose while still generating a return.

Instead of placing one accumulator with all your selections, a system bet creates multiple combinations of those selections, like doubles, trebles, or more, depending on the type of system.

Common System Bets:

Example (Trixie):

Cricket match selections:

This creates:

Even if one team loses, you might get a return if one team loses.

Why It’s Useful:

Application:

Tip: Use the Parimatch bet slip calculator to understand your stake breakdown across all system bets.

In-Play (Live) Betting

In-play betting, also known as live betting, allows punters to place bets on events as they happen in real time. Parimatch offers extensive live betting markets for cricket, football, tennis, kabaddi, and more.

Key Features:

Example:

Why It’s Popular Among Bettors:

Tools on Parimatch for Live Betting:

Strategy Tip:

Start with small bets and focus on sports you understand deeply — like IPL cricket or ISL football — before diving into complex in-play combinations.

Parimatch in-play market
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Outright Bets

An Outright Bet involves placing a wager on a long-term outcome, such as the winner of a tournament, league, or series.

Examples:

Features:

Pros:

Cons:

Ideal For Bettors:

Handicap Bets (Asian & European)

Handicap Betting gives one team a theoretical advantage or disadvantage to level the playing field. Parimatch offers Asian Handicap and European Handicap markets — especially in football and sometimes in cricket (run handicaps).

European Handicap:

Asian Handicap:

Cricket Example:

Why It’s Useful:

Tip for Bettors:

Understand team strength disparities — this is especially useful when big teams play smaller nations or clubs.

Parimatch handicap market

Over/Under (Totals) Bets

Totals Bets involve betting on whether a statistic (like total runs, goals, or points) will go over or under a specified number.

Examples:

Why Bettors Love It:

Tip:

Research recent pitch reports or match stats for smarter cricket Over/Under bets.

Both Teams to Score (BTTS) and Related Market Bets

BTTS is a football-centric market where you bet on whether both teams will score during a match.

Example:

Variations:

Tip:

Use BTTS in matches between closely matched teams or high-attacking sides.

Parimatch totals market

Prop Bets (Proposition Bets)

Prop Bets focus on specific events or statistics rather than match outcomes. They can be player-based or game-based.

Cricket Prop Examples:

Football Prop Examples:

Pros:

Cons:

Ideal Use for Indian Punters:

Entertainment Betting

Entertainment Betting on Parimatch allows users to place bets on outcomes in the world of pop culture, politics, and global events. It goes beyond sports and taps into current affairs, award shows, elections, and TV competitions.

Parimatch entertainment betting market

Types of Entertainment Bets:

Why It Appeals to Indian Bettors:

Pros:

Cons:

Best Practices for Indian Punters:

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Cricket-Specific Bet Types for Indian Punters

Cricket is the most-watched and passionately followed sport in India, and Parimatch reflects this national obsession with one of the most diverse and in-depth cricket betting markets in the industry. Whether it’s the Indian Premier League (IPL), the ICC World Cup, bilateral series, or even domestic tournaments like the Ranji Trophy or Syed Mushtaq Ali T20s, Parimatch provides a wide array of bet types that cater to Indian punters. Understanding these cricket-specific bets can help users make more strategic and engaging wagers.

Player Performance Markets

Parimatch offers detailed individual player markets, allowing punters to back their favourite stars. Common bets include:

These markets are especially useful for fans with deep knowledge of form, conditions, and matchups.

Ball-by-Ball and Over-by-Over Betting

For those seeking fast-paced, in-the-moment action, Parimatch’s live cricket betting features allow wagers on outcomes as granular as:

This type of betting thrives during IPL matches and other T20 events, where momentum swings rapidly and odds change dynamically.

Fall of Wicket Bets

Another strategic bet type is predicting when the next wicket will fall or what the total will be when a specific wicket (like 3rd or 5th) falls. These bets include:

Match Specials and Team Props

Parimatch also offers several special bets based on team performance, such as:

Such bets are ideal when you want to wager on overall team strengths, especially in T20s where explosive batting and powerplays play a key role.

Toss and Coin Flip Bets

While the toss is an uncontrollable element, many punters enjoy predicting the outcome of the toss, or backing a combination like “Toss Winner + Match Winner.” These bets are purely speculative but very popular due to their simplicity and quick resolution.

Tournament and Series Bets

Parimatch offers outright bets on long-term outcomes, such as:

These bets are ideal for punters looking for long-term positions, and they are especially attractive during marquee events like the IPL and World Cup.

Cricket Live Betting Features

Cricket live betting on Parimatch is bolstered by features such as real-time odds updates, cash-out options, match visualizers, and live stats dashboards. These tools empower bettors to make smarter decisions during the course of a match and give them a tactical edge.

Cricket in-play market
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Football Bet Types

Football is one of the most popular sports on Parimatch, and the platform offers an incredibly diverse range of betting markets that appeal to both beginners and experienced punters in India. From traditional bets to more specialized and creative markets, bettors have access to a rich betting experience that mirrors the global popularity of the sport. Below are the key types of football bets available on Parimatch:

Match Result (1X2)

This is the most straightforward and widely used football bet. You predict whether the home team (1) will win, the match will end in a draw (X), or the away team (2) will win. It’s simple yet effective, making it a go-to choice for new users.

Parimatch fotball 1x2 market

Correct Score

This bet type challenges you to predict the exact final score of a match, such as 2-1 or 0-0. While the odds are generally higher due to the difficulty of the prediction, successful bets here can be very rewarding. Indian punters often use this in high-profile matches where defenses are well-known.

Parimatch football correct score

Half Time/Full Time (HT/FT)

In HT/FT bets, you must predict the result both at half-time and full-time. For example, the home team might be winning at half time (1), but the game ends in a draw (X), giving you a bet of 1/X. These bets carry higher odds and are popular during derbies or league-deciding matches.

Parimatch football halftime market

Both Teams to Score (BTTS)

You wager on whether both teams will score during the match. This market is ideal when betting on matches where both sides have strong offensive lineups. BTTS can also be combined with other bets like “BTTS and Match Result” for enhanced odds.

Parimatch football goals market

Goals Over/Under

Parimatch allows you to bet on the total number of goals scored in a match, usually over or under a specified figure (e.g., Over 2.5 goals). This is ideal for users who are confident about game tempo but not specific outcomes.

Parimatch football over/under

Cards and Corners

These niche markets involve betting on the number of yellow/red cards or corners in a game. These are particularly useful in matches where teams have a reputation for aggressive play or rely on set pieces.

Combination and System Bets

Football fans can also leverage Accumulators or System bets to group multiple football matches together. For instance, selecting five match winners in one accumulator increases the payout significantly, though the risk also rises.

Esports and Virtual Sports Bet Types

With the explosive growth of digital entertainment in India, Esports and Virtual Sports betting have emerged as fast-paced, engaging alternatives to traditional sports on Parimatch. These bet types are especially attractive to younger punters, tech-savvy users, and those seeking constant action beyond scheduled sports fixtures. Parimatch provides a dynamic betting experience across both formats, with multiple betting markets and instant results.

Esports Betting

Parimatch is a frontrunner in the Indian esports betting space, offering an extensive lineup of tournaments and titles such as CS: GO, Dota 2, Valorant, League of Legends, Call of Duty, and PUBG/BGMI. Bets can be placed on major international events like The International, ESL Pro League, and Valorant Champions Tour, among others.

Key esports bet types include:

Parimatch also offers live esports betting, allowing users to wager in real time while watching matches via live trackers. This suits the fast, volatile nature of esports gameplay.

Esports market on Parimatch
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Virtual Sports Betting

For those who prefer instant betting action without waiting for real-world events, Virtual Sports on Parimatch are available 24/7. These are computer-simulated events powered by RNG (Random Number Generator) software and mimic real sports like:

Popular virtual sports bet types include:

Each event lasts only a few minutes, making it perfect for short betting sessions. While outcomes are generated algorithmically, virtual sports still allow for strategy-based betting through form indicators, historical performance simulations, and odds behavior.

Bonuses and Promotions for Parimatch Bettors 

Parimatch offers a rich array of bonuses and promotions tailored specifically for Indian bettors, aiming to reward both newcomers and regular players who engage actively on the platform. These offers not only enhance potential returns but also make the betting experience more engaging and rewarding when used wisely.

Welcome Bonus for New Sports Bettors

New users from India are greeted with a generous 150% welcome bonus on their first deposit, up to ₹20,000. To activate this offer, players need to make a minimum deposit of ₹200 after creating a new account. This bonus is exclusive to sports betting and is only available to first-time users. The bonus amount must be wagered 16 times on single bets with minimum odds of 1.9. It’s worth noting that accumulator (parlay) bets do not count towards the wagering requirement. Players must fulfill the bonus conditions within 14 days of registration.

Parimatch sports bonus

Parlay Boost

For fans of multi-leg betting, Parimatch’s Parlay Boost promotion is a standout. This reward multiplies your winnings based on the number of selections in your accumulator bet. Starting with just three selections, bettors can qualify for a boost, with the percentage increase climbing up to 100% for slips with 20 correct outcomes. Each selection in the parlay must have odds of at least 1.3, and both pre-match and live markets are eligible. However, bets that are cashed out are not eligible for this bonus.

Parimatch parlay boost

Cashback Loyalty Program

Parimatch also features a sports cashback system that gives bettors added flexibility. You can choose two sports (e.g., cricket, football, kabaddi) for which cashback will apply. Cashback rates vary by sport—kabaddi and basketball offer up to 2%, while cricket provides 0.5%. You can also choose how the cashback is calculated: either based on net profit from wins or the total betting volume. Minimum odds for eligible bets are 1.4.

Top Parlays (Enhanced Odds)

Daily curated Top Parlay options are also available, featuring hand-picked combinations from major sports like cricket, football, kabaddi, and even esports titles like CS 2. These pre-made parlays offer enhanced odds, boosted by 5% to 45%, making them attractive for bettors looking for higher returns on trending events.

Parimatch top parlays
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Festival and Series-Specific Promotions

Parimatch frequently rolls out limited-time offers during major sporting events and Indian festivals. For instance, during the IPL season, players can enjoy bonus bets, cashback offers, or odds boosts tied to match milestones. Similar promotions may appear for the Cricket World Cup, Diwali, or Holi, often featuring time-sensitive rewards like free bets for predicting outcomes or loyalty challenges. These offers are prominently displayed during peak events, giving Indian punters more incentive to stay engaged and bet actively.

How to Choose the Right Bet Type: Tips for Bettors

With so many betting options available on Parimatch, selecting the right type of bet can be the difference between long-term success and repeated losses. For Indian bettors—especially those wagering on cricket, football, or kabaddi—understanding when and how to use different bet types is crucial. Below are key factors to consider when choosing the right bet type on Parimatch.

Know Your Risk Tolerance

Different bet types carry different levels of risk and reward. Single bets are low-risk and ideal for beginners or conservative bettors who prefer safer wagers. On the other hand, accumulators and system bets promise higher payouts but come with greater risk. If you’re placing bets with small stakes and aiming for big wins, accumulators might suit you, but they require multiple outcomes to align.

Understand the Sport and the Market

Your level of knowledge about the sport should heavily influence your choice. For instance, if you’re an avid cricket fan who follows the IPL closely, player performance and ball-by-ball betting can provide excellent value. Football enthusiasts might explore Both Teams to Score (BTTS) or Handicap markets, particularly in high-profile international matches where form and team stats are easier to track.

Match Timing: Pre-Match vs Live Betting

Consider your availability during the event. If you’re actively watching a match, live (in-play) bets offer real-time engagement and the opportunity to adjust based on how the game unfolds. But if you’re placing bets beforehand and can’t follow the action live, pre-match singles or outright bets are more appropriate.

Combine Bets Strategically

Experienced punters often mix bet types to balance risk. For example, pairing a couple of safe single bets with one small-stakes accumulator can help manage your bankroll while still chasing higher returns. Some Indian bettors even use system bets like Trixie or Yankee to spread risk across selections.

Avoid the Temptation of Over-Complication

Beginners often get lured by complex combinations or exotic bets without understanding them fully. Stick to what you know, especially when real money is involved. Mastering simpler bet types like singles and totals can be more profitable than diving into accumulators or props too early.

Parimatch Tools That Support Betting Types

Parimatch provides a range of advanced tools designed to enhance the betting experience and support users in making smarter, more strategic wagers. These tools are particularly helpful when navigating the wide variety of bet types available on the platform, allowing Indian punters to place bets with greater confidence, flexibility, and control.

Cash Out Feature

One of the most useful tools available on Parimatch is the Cash Out option. This feature allows you to settle your bet before the event ends, either to secure a profit or minimize a potential loss. Whether you’ve placed a single, accumulator, or system bet, Cash Out gives you the power to react to real-time developments. For example, if your cricket team is in a strong position mid-match but momentum is shifting, you can cash out early to lock in a win. This is especially helpful for in-play betting, where events can turn quickly.

Bet Builder

Another standout feature is the Bet Builder, which is ideal for users who enjoy creating custom bets on a single event. With Bet Builder, you can combine multiple selections such as “Team to Win,” “Player to Score a Fifty,” and “Number of Sixes” in one cricket match. This is particularly popular among Indian users who follow the IPL or international fixtures closely, as it allows for highly personalized, scenario-based betting.

Live Statistics and Match Tracker

Although live streaming is currently unavailable on Parimatch India, the platform compensates with real-time statistics and a dynamic match tracker. These tools offer up-to-date insights such as possession stats, runs scored per over, current player performance, and other in-game events. This data is especially useful for in-play betting, where timing and real-time decisions are key. The match visualizer provides an interactive interface that helps bettors follow the game’s progress closely and make informed decisions.

Responsible Betting Tools

To promote safe and responsible gambling, Parimatch also offers features like deposit limits, self-exclusion options, and bet history tracking. These tools empower users to stay in control of their betting habits, regardless of the types of bets they place.

Together, these tools create a more intelligent and secure betting environment for Indian users, allowing them to engage with different bet types more strategically and with greater enjoyment.

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Conclusion

Understanding the different types of bets available at Parimatch is essential for bettors who want to make informed, strategic, and enjoyable wagering decisions. From simple single bets to complex system bets and dynamic in-play options, Parimatch offers a versatile and feature-rich platform that caters to both new and seasoned punters. 

For cricket-loving users in India, the wide range of tailored markets, especially during IPL and international matches, adds a layer of excitement and opportunity. Football, esports, and virtual sports also offer plenty of options for those exploring beyond traditional formats. Choosing the right bet type depends on your knowledge, risk appetite, and overall betting strategy. 

Always start small, explore different markets, and use the tools Parimatch offers, such as Cash Out and Bet Builder, to your advantage. Most importantly, remember that betting should be fun and responsible. Master the bet types, and you’ll elevate your experience every time you place a wager on Parimatch.

FAQs About Parimatch Betting Types

Can I place multiple types of bets in a single bet slip at Parimatch?

Yes, Parimatch allows you to combine different outcomes (like win, over/under, handicap) into one accumulator or system bet. Just ensure all selections are compatible.

What is the minimum stake for placing a bet on Parimatch?

The minimum stake is usually ₹10, but it may vary depending on the market and bet type. Always check the bet slip before confirming.

Can I cash out my bet early?

Yes, Parimatch offers a Cash Out option on selected markets, allowing you to settle a bet before the event ends to secure a profit or limit a loss.

Are live (in-play) bets available on all sports?

Most popular sports like cricket, football, and tennis support in-play betting, but availability can vary by event and timing.

What’s the difference between system and accumulator bets?

Accumulators need all selections to win, while system bets allow partial wins based on combinations like Trixie or Yankee.

Is it legal to place these bet types in India?

Online betting legality varies by state, but there is no law against betting on offshore with international licenses like Parimatch.

Do I need special skills to try advanced bets like handicaps?

Not necessarily, but understanding the rules and examples provided by Parimatch can help you use them more strategically.