Last updated December 14, 2023

Another international betting company enters Nigeria, and this Parimatch review will tell you all about it.

We looked at the sports, markets, and odds, alongside the payment options, mobile platform, and whether you need a Parimatch bonus code to claim the bonuses.

Parimatch reviewOur rating
Welcome offer sport120% up to ₦120,000
Welcome package casinoNot Available
Markets4.5 / 5
Odds5 / 5
Steaming/Live options4 / 5
Mobile app4.5 / 5
Payment options4 / 5
Customer service4.5 / 5
Average grade4.4 / 5
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Parimatch Sport Review – 4.4/5

Whether you’re a new or existing customer, has a selection of bonus offers and promotions waiting for you. There’s a decent mixture of matched deposits, boosted winnings, acca insurance, and stake back deals to please even the most ardent bettors.

First Deposit Bonus

Parimatch is offering new customers 120% up to ₦120,000 on their first deposit. All you have to do is create an account with Parimatch and deposit ₦2,000 to be eligible. The extra funds are instantly credited to your bonus wallet. Then, you must wager it 10x before a real money withdrawal can be made.

Furthermore, each qualifying bet must be a multi with three or more selections, and each selection must be at odds of 2 or above. Compared with Nigeria’s other leading betting sites that have matched deposit bonuses, our Parimatch review team noted that this bonus, with its player-friendly terms, offers better value.

Up to 500% Boosted Winnings

Several betting companies have this type of promotion. At Parimatch Nigeria, bettors can get boosted winnings up to 500% on winning accumulator tickets.

The starting payout is a 5% win boost for five selections. This rises up to a maximum of 500% for accumulators with 40 or more selections. The only requirement is that each selection must be at odds of 1.20 or above, which is fair, in our opinion.

Parimatch Multi Bets Bonus

100% Stake Back – Acca Insurance

There’s nothing worse than 1 selection ruining your accumulator bet. Fortunately, Parimatch offers 100% stake back as cash if this happens. The requirements are that the accumulator must have 7 or more selections, and the odds for each selection must be 1.50 or greater.

If you meet this qualifying criteria and your bet loses by 1 selection, your money is returned. However, whereas most other betting sites return the stake as a free bet, Parimatch pays out in cash.

Goalless Draw Refund

A special promotion as part of Parimatch’s partnership with Chelsea Football Club. Place a bet on the 1X2 market on any Chelsea game in the English Premier League. If the match finishes goalless, you’ll get a cash refund of up to ₦100,000.

There are no minimum odds requirements attached, which makes this super straightforward promotion. If you like betting on Chelsea and the EPL, there’s good value here, according to our Parimatch review.

Betting Markets at Parimatch – 4.5/5

Parimatch provides pre-match betting opportunities on 20 sports, including:

  • Football
  • Basketball
  • Ice hockey
  • Tennis
  • Rugby
  • MMA
  • American football
  • Cricket
  • Baseball

In addition to those, there’s also golf, cycling, darts, snooker, Aussie rules, and others. Football is the most dominant sport for betting, covering more than 120 leagues, cups, and competitions. These include the Champions League, Europa League, EPL, Serie A, La Liga, and the Bundesliga.

Something that particularly impressed our Parimatch review was the abundance of match markets. It covered games from Europe’s top leagues boasting 900 unique betting options for each game.

Besides football, Parimatch doesn’t hold back on other sports. There’s loads of basketball from a plethora of competitions worldwide, extensive NFL betting coverage, and tennis from the ATP, WTA, ITF, and Challenger tours. Ice hockey, rugby, and volleyball are also well supported. Ultimately, has tens of thousands of wagering options every day for online bettors.

Parimatch Casino Review – N/A

At the time of writing, there isn’t a Parimatch casino or poker room available in Nigeria. We hope this will change. Parimatch is a global online (and offline) gambling company, and its websites in several other countries, such as India and Canada, offer casino gaming.

This highlights the operator has the capabilities to introduce a casino on its Nigeria platform when it chooses. Our feeling is that it wants to establish the sportsbook first, which is its flagship product.

Parimatch Casino: Welcome Bonus – Terms and Conditions

At the time of writing, there was no casino on the platform; therefore, there is no casino bonus either. However, we do hope this will change in the future and that the brand will bring casino to Nigeria players.

Odds on Parimatch – 5/5

Putting aside all of the bonuses and promotions that are available at online betting sites, genuine value comes from the bookmaker offering great odds with low margins. Our Parimatch review noted that this operator has some of the best odds in the business. Here are a few examples:

Parimatch EPL Odds

This is an upcoming fixture between Chelsea and Tottenham Hotspur in the English Premier League. The odds show the 1X2 (FT) market, which is still the most popular betting option.

Chelsea and Tottenham Hotspur
  • Chelsea: 1.75 (implied probability = 57.2%)
  • Draw: 4.00 (implied probability = 25.0%)
  • Tottenham: 5.25 (implied probability = 19.0%)

By adding the implied probability values together, we get a total of 101.2%. This means that the bookmaker’s margin is only 1.2%, which is incredibly low.

By comparison, these are the prices offered by one of Nigeria’s other leading betting companies. You can see, there is the same value on the favourite, but if you fancy a draw or Spurs to win, you get bigger payouts at Parimatch.

Chelsea Tottenham Odds

Parimatch NHL Odds

Here’s an NHL match from the regular season: Nashville Predators vs Detroit Red Wings.

Parimatch NHL Odds

The margin for this market is 4.38%, which for ice hockey betting is good value. Also, the prices are superior across all bet selections when compared with a rival bookmaker.

Match Winner Odds

This isn’t to say Parimatch has the best odds for every event and every market. But it indicates how strong this company’s odds are and the value it gives customers.

Streaming and Live Betting on Parimatch – 4/5

There are pros and cons to Parimatch’s streaming and live betting services. Starting with the disadvantages, PariMatch Nigeria doesn’t offer any live streaming. This is clearly a drawback, as many other sites in Nigeria now do. On a positive note, many of Parimatch’s international sites do host a streaming service, so we expect it to be added here as demand grows.

The live betting platform only displays the livescore. There aren’t any stats or commentaries to follow that might help our bet selections. Additionally, the range of live events is fewer than other betting sites.

Live betting on only five sports on Parimatch: football, basketball, ice hockey, tennis, and volleyball. A notable exception was an ongoing NFL playoff match that wasn’t live. We also found live table tennis and beach volleyball betting at other bookmakers.

Where Parimatch does shine is in its market depth. You’ll discover plenty of football, tennis and basketball matches with 100+ live betting options, which is more than most others. Moreover, it continues to offer highly competitive odds along with the livescore feature.

Parimatch Mobile App – 4.5/5

Unfortunately, the operator doesn’t offer an app. However, this should change in the future. Until then, users can get on with the mobile version of the website which can be accessed through a mobile web browser.

Besides being responsive, the Parimatch mobile version offers a customisable betting experience. Users can wager on around 20 sports, with pre-match live betting available around the clock. There’s no compromise in the variety of events or betting markets, so customers get the full Parimatch package in the palm of their hand.

Among the other features are virtual sports betting, cash out on a wide range of markets, choosing from different bet types, easy deposits and withdrawals, and live on-demand customer support. Furthermore, you will find all of the same bonuses and promotions.

Parimatch Nigeria: Payment Options – 4/5

For accepting deposits and processing withdrawals, Parimatch Nigeria’s payments are handled by Paystack, which is one of the fastest growing online payment services in Africa. Paystack allows customers to pay using a variety of methods, including mobile money, debit and credit cards, USSD, Apple Pay, Visa QR, and others. This simplified system means that the operator doesn’t need to arrange multiple payment gateways.

How to Deposit Using Paystack

  1. Log in and click ‘Deposit’.
  2. Type in the amount you want to deposit.
  3. Choose your preferred payment method and enter the account number (if required).
  4. Tap ‘Pay’.
  5. Enter the OTP (if asked) and confirm the transaction.

How to Withdraw Using Paystack

  1. When logged in, click the menu icon and choose ‘Withdraw’.
  2. Enter the amount in Naira(₦) that you want to withdraw.
  3. The withdrawal will now be processed and sent to your bank account.

Kindly note the minimum withdrawal amount at Parimatch is ₦1,000. For your first withdrawal of ₦50,000 or more, you must provide proof of identity. To do so, submit a copy of your ID card, password, drivers licence, or NIN Slip/Card.

How to Contact Parimatch Customer Care? – 4.5 / 5

If you have a question you’d like to ask Parimatch, the first place to look is the FAQ section, which can be found using the link in the main menu. However, if your query isn’t answered there, you can reach out via:

  • Live Chat: using the icon you see on the website.
  • Email:
  • Telephone: 0700-123-7274
  • WhatsApp: +234-912-431-8472
  • Telegram: @Parimatchngbot

Parimatch Review: Our Verdict – 4.4/5

Our Parimatch review can confirm that players in Nigeria have another top-quality betting company to check out. This gambling company offers sportsbooks with 20 sports, thousands of events and even more betting markets.

Of course, there is room for improvement. We’d like to see more in-play betting events added, live streaming, and a casino with some poker games. Yet, from a pure sports betting perspective, Parimatch offers outstanding odds, and the range of markets is second to none. The promotions have bettor-friendly terms, and new customers can claim the 100% bonus up to ₦150,000.

✔️ What we like❌ What we don’t like
Great bonuses with friendly termsNo casino or poker room
Highly competitive oddsNo live streaming
Vast range of betting marketsNo app