Betway vs Parimatch: Who Is the Leading in South Africa (2024)

Deposit Bonus	Get Your Parimatch Deposit Bonus!	Get Your Betway Deposit Bonus!
Sportsbook
Pros	Average odds Average line Average maximum VIP bets Mobile-friendly app	Android and iOS apps are available Live chat available Cash out available Many deposit methods are available
Cons	Week-long ID verification	Not the best signup offer
eSports	✔️	✔️
Virtual Sports	✔️	✔️
Casino Games	✔️	✔️
Poker	✔️	✔️
Bingo	❌	✔️
Mobile App	✔️	✔️
Cashout	❌	✔️
Live Streaming	✔️	❌
Responsive website	✔️	✔️
License	Curacao eGaming License	Malta Gaming Authority
Live Chat	✔️	✔️
Phone Support	✔️	❌

Betway and Parimatch are both well-established gambling sites. Betway, which was founded in 2006, offers a big number of sports betting options as well as Betway casino games. Betway and Parimatch are licensed and regulated by the UK Gambling and Western Cape Racing Board. Parimatch and Betway also suggest great odds and a customer-oriented website.

Parimatch is also one of the top gambling sites, founded in 1996, and currently operates in multiple countries with licenses. In SA, Parimatch holds a license from the Government of Curacao. Betway and Parimatch suggest top sports betting options, live gambling and more. Mobile apps from bookies are also available. Both are considered to be secure to use.

Let’s learn placing bets on both platforms.

Both Betway and Parimatch allow you to place single bets, as well as accumulator bets, which allow you to combine multiple selections into one wager. Both sites also allow you to view your bets history, check the status of your bets and view your account balance. The betting process on Betway and Parimatch is similar. Here is an overview of the process on both sites:

1. Sign up for an account: To start gambling, you’ll need to create an account on the site. This typically involves providing some personal information, such as your name, email address, and date of birth.
2. Deposit funds: Once your account is set up, you’ll need to deposit funds before you can start placing bets. Both sites suggest a variety of options for depositing funds, such as credit cards, e-wallets, and bank transfers.
3. Browse events and markets: Both sites offer a wide variety of sports and events to wager on. You can browse through the different options and select the event or market that you want to wager on.
4. Place your bet: Once you’ve found the event or market that you want to wager on, you can place your wager by selecting your stake and clicking the Place Bet button. Track your bets: Both sites allow you to track your bets, so you can see the status of your wagers and any potential winnings.

In conclusion, both Betway and Parimatch suggest a similar wagering process that is easy to understand and use. It’s always recommended to read the terms and conditions before signing up and placing a bet.

Betway vs Parimatch – Markets & Odds

Betway and Parimatch both suggest a wide variety of sports and events for you to bet on. Some of the sports offered by both sites include football, tennis and horses, among others.

Both sites also suggest a good selection of markets for each event, including traditional markets like match winner and correct score, as well as more specialized markets like first goal scorer and total corners.

In terms of odds, both Betway and Parimatch suggest competitive odds, but the latter offered by Parimatch can vary depending on the event and the market. It is recommended to compare them between different bookmakers before placing a Parimatch bet to ensure you are getting the best deal. So, let’s take an example of the match and compare the odds of Betway and Parimatch. For the Manchester City vs. Arsenal match, Betway suggests 1.78 for Manchester to win, 4.00 for a draw, and 4.20 for Arsenal to win, so the margin is 4,99%. Parimatch suggests 1.74 for Manchester to win, 4.10 for a draw in Parimatch, and 4.30 for Arsenal to win is suggested by Parimatch; the margin of Parimatch is 5,12%. So it is obvious that Betway suggests better odds than Parimatch does.

Currently, Betway suggests two welcome bonuses, one for sportsbooks and another one for casino games. The bonus for a sportsbook is a 100% first deposit bonus of up to R1,000, which will be credited to your account in Free Bets. To claim this bonus, you need to roll your first deposit amount three times on the matches with odds of 3 or more.

The second one is a casino bonus of up to R2,000, and to qualify for it, the minimum amount you need to deposit is R5.

Which refers to Parimatch welcome bonuses, and we have to mention that at the time of publishing, Parimatch doesn’t have any promos for their newcomers.

It comes to be obvious that Betway is a total winner of the bonus comparison.

Betway vs Parimatch – Payment Systems

Betway and Parimatch are both online gambling companies that offer a variety of payment methods for their customers in South Africa to use.

Betway deposit transactions are easier than you can imagine. Options you can use are debit and credit cards, Ozow, OTT, Kazang, EFT, 1ForYou, FNB ATM and EFT, USSD, ABSA Bank, MTN and so on. Most of these methods are instant and don’t even charge a fee.

Parimatch also has a large variety of payment options you will definitely like. With Parimatch, you can also make cryptocurrency payments which is a great advantage. Options you can use with Parimatch are Visa/Mastercard, SticPay, Binance Pay, Bitcoin, Ethereum, Litecoin, Bitcoin cash, Tether, Skrill, Jeton, ecoPayz, Rapid, MuchBetter and more.

As you can notice, Betway offers more suitable payment options for SA customers than Parimatch does. Betway is the winner of this comparison.

Both Betway and Parimatch offer mobile apps for you to use. These apps can be installed from the iOS or Android platforms. They let you access the full range of gambling options offered by the company.

The mobile apps are designed to provide a convenient and customer-oriented experience for you. They generally include features such as live gambling, live streaming, cash-out options, and easy access to account information and support. Some apps may also offer exclusive promos and bonuses for mobile users.

So this round is a draw because both companies provide an excellent mobile platform. It’s also important to note that both companies may have specific policies regarding the use of their mobile apps in certain countries, and again it’s recommended to check the terms and conditions of each company before downloading the app.

According to our research and comparison, we consider Betway to be a better betting-providing company than Parimatch.

Betway is known for its extensive sportsbook, offering a large list of sports and leagues to bet on, and a great live gambling platform. They have a wide range of payment options and a good reputation for handling client service. They also have good and attractive welcome bonuses, promos, and loyalty programs. They also offer a mobile app for both iOS and Android devices.

Ultimately, the decision of which bookmaker is better for you will depend on your personal preferences and needs. We hope our article helps you with your questions.

South Africa is a country with a strong sports culture, and as such, there are many reputable sportsbooks operating in the country. Some of the top sportsbooks in South Africa include Betway, Hollywoodbets, Sportingbet, World Sports Betting, and Sunbet. All these bookies suggest a wide range of sports for betting, with great features and opportunities; they are safe and licensed and have great support teams.

It’s important to note that these are just a few examples of the many reputable sportsbooks operating in South Africa. It’s always a good idea to compare the features and options available from each company, such as promos, and support, to determine which one is the best fit for you. Additionally, it’s also worth checking the licenses and regulations of each company to ensure that they are operating legally in the country.

Is virtual gambling legal in South Africa?

Of course, gambling is legal in SA. Almost all gaming companies are licensed by the National Gambling Board. You can always check the license of the bookmaker on their website.

Are Betway and Parimatch good betting platforms for South African bettors in 2023?

These are the most popular and good service-offering betting companies in SA. So it is always a good idea to use the services of these bookies.

Can I deposit South African Rands on these sites?

Yes, you can deposit South African Rands on the Parimatch and Betway sites. Both companies accept a wide range of payment methods, including cards, e-wallets like PayPal and Skrill etc. They also accept payments via EFT, Instant EFT, and EasyEFT.