Is Parimatch legal in India?
A lot of sports fans in India think that there is no online betting in India, or at least not a legal one. This unfortunate misconception has flown around quickly and frustrated millions of fans who seek a legal bookmaker. Let’s get things straights and draw the lines in the laws that regulate gambling in the country. It is a fact that gambling is forbidden since historically, it became a cause of a series of misfortunes. At some point, society decided to eliminate it. Times changed and gambling, in particular, betting became civilized, controlled, and harmless. Yet, you will not find a legal Indian betting site that easily. The local entrepreneurs are not challenging the system and avoid this industry. Luckily, international platforms such as Parimatch entered the Indian market quite successfully.
What is the situation with legal sports betting in India?
When people say that it is impossible to have legal betting in India, they forget that the existing laws do not mention the online platforms. So, feel free to use Parimatch the next time you want to bet on sports. It is legal and exciting.
Have you ever heard of Sikkim or Baga? These are the two of many locations where casinos have been functioning for ages. So, the facts say that the industry is either recovering or is not that forbidden. Moreover, the Gambling Act which bans the casinos, lotteries, etc, does not cover online activities. It is probably due to the date of its issue but it obviously needs updating or maybe even binning. Anyway, if you are looking for a place to start your sportsbook and calculate your betting odds, feel free to come to Parimatch.
Parimatch official site
To know whether Parimatch is your top bookie or not, check out the events on the Parimatch website. Get to know the interface, find the terms and conditions, and bonus systems. Betting online is something you can enjoy most on the site since the conditions for it are probably the most beneficial. Pay attention to these facts:
- Parimatch does not mess up the withdraw and deposit process;
- The payment options are adjusted to every country individually, so is currency (if you are interested whether Indian rupees are accepted or need to convert currency, get in touch with the support);
- The service offers low wagers;
- The support team is on standby round-the-clock.
Is Parimatch license valid in India?
It is vital to establish that the service is functioning on the legal grounds. In the end, you trust your money to this system. Parimatch gained an international certification from Curacao license. It is a regulator used by several acknowledged companies. What does it mean? The license is handed after an investigation. The company needs to prove its capabilities and provide a set of documents to be approved. It does not end there. After the agreement is signed Curacao is responsible for monitoring the activity of the company and get involved in the solution of conflicts if they appear.