- Top Bookmakers in Brazil
- Online Betting in Brazil
- Is Online Betting Legal in this country?
- Restrictions for Brazilian Players
- Interesting Facts
- How to Select the Right Betting Site?
- Bonus Offers
- Top Sports in Brazil
- Popularit of Online Casinos in Brazil
- Mobile Betting
- Accepted Payment Methods
Take a look at our chart with the best online bookmakers for Brazilian customers. Then, you can read in-depth information about gambling in the country.
Best Betting Sites in Brazil
Many of the worlds top bookmakers and best online casinos operate within the borders of Brazil. Subsequently, there is an increased level of trustability for Brazilians who wish to gamble online. A few of the more notable brands include Betway, 1xBet and Bet365. Each of the mentioned operators has an established reputation for excellence. Similarly, each offers Brazilian punters a variety of different bonuses within a trusted, secure and licensed environment.
By most standards, any betting site that combined sports, casino, live casino, esports, lottery, virtual and scratchcards under one roof is considered a premium betting site. 1xBet is one of the few who have taken on such a challenge, and they have done so brilliantly. With a dedicated focus towards delivering a flexible cryptocurrency-friendly environment, its parent company Bonnal Limited has succeeded to propel 1xBet into a name that is rapidly becoming an internationally recognized leader in online entertainment.
- Excellent odds
- Many betting features
- Great welcome offers
- ACCA Boosters
- Superb casino
- Mirror link needed
Since 2000, Bet365 has set its sights on becoming one of the leading entertainment destinations for Portuguese and Brazilian speaking players. It offers a variety of esports, virtual, casino, poker, in-play and sports entertainment. With a team of industry professionals dedicated to providing a reliable and safe gaming destination, Bet365 is a reliable betting partner to thousands of discerning Brazilians.
- Superb betting features
- Vast variety of sports
- Great odds for volleyball
- Risk of limitations
- Not that good odds on eSports
Since its inception in 2005, Betway has remained focused on providing a betting destination that is built around a core set of principles. Those core principles define how Betway treats not only their betting and business partners but defines all aspects of their business. That simple business model has allowed Betway to deliver excellence in sports, esports, live and casino entertainment. Simultaneously, the company branched out to new markets and, in the process, became an international household name.
- Excellent reputation
- High odds
- Great in-play section
- Lots of free bet bonuses
- Low withdrawal limits
If you are looking for diverse betting options, then Parimatch is the right choice for you. This brand has an excellent platform for Brazilian customers. Aside from the standard betting sections – Sportsbook, In-Play, Casino & Live Casino, it offers numerous additional options, such as Instant Games, Bingo and TV Games. Other huge advantages are the very attractive odds for sports betting, along with the useful betting features.
- Competitive odds
- Various betting sections
- Wide range of sports markets
- Useful features
- Convenient payments
- Reliable support
- Limited sports
- Lack of an iOS app for Brazilian players
Why Choose Online Betting in Brazil
If the rapid increase in interest Brazilians have shown for sports and casino related betting is any indicator, online betting in Brazil is a great option. Recent data suggests over 60% of its population have placed sports wagers within the year 2020. Subsequent to that, Brazilian punters are presented with an excellent variety of licensed international betting establishments. With sports betting being a national past-time, choosing online over traditional sports betting venues makes logical sense.
Moreover, there are indications that Brazil wishes to adopt similar legislation to those in the U.S that put power in the hands of individual states. After Brazil passed laws allowing for legal sports betting, the government has begun collecting public input on this matter. For Brazilian’s, the shift in public and federal opinion is good news and will likely result in oversight and regulation enactment. That will allow for an increase in unfettered access to sportsbooks, casinos and other forms of online gambling.
Is Online Betting Legal in Brazil?
The legality of gambling in Brazil has been illegal since 1946 and is classified as a misdemeanour under Brazilian law. This law originally applied to land-based gambling activities until 2015, when an amendment was added to include internet gambling. The amendment applies fines of up to BRL 200,000 to anyone convicted of gambling online. Moreso, the amendment allows for imprisonment ranging from three months to a year.
However, a recent lawsuit has resulted in the Brazilian Supreme Court being called upon to the amended law. The premises of the lawsuit states under the Brazilian constitution, article 50 of the gambling act infringes on business operating freely under the Brazilian constitution. Currently, the law applies to all games of chance such as slots, video poker, blackjack, roulette and online bingo. However, others such as horse racing, poker and fantasy betting are legal within the borders of Brazil.
From all accounts, the Brazilian authorities do not actively police the amended law, and therefore, Brazilians are free to play at their discretion. This is evident by the presence of respected online operators and their continued acceptance of Brazilian players.
Are there restrictions on Brazilian players by some bookmakers?
Ultimately, there are very few restrictions that inhibit Brazilians from registering with offshore betting operators. The majority of major brands freely operate within its borders and actively accept Brazilian players and provide them equal opportunities promotionally. This is expected to continue without interruption and may only be impacted should Brazil enact gambling legislation requiring operators to apply for and receive state-issued licenses.
Gambling Facts at a Glance
Brazil is an interesting country that is steeped in the traditions of its people. With such a broad range of cultures, it only fits that Brazil generates global interest. Subsequently, that interest creates an environment that welcomes international business, including those offering online gambling-related products. As such, we have collected some interesting facts relating to Brazil, its population and other relevant facts.
Brazils local currency is the Brazilian Real (BLR) and is rated as the 19th most valued currency in the world. While the Brazilian Real is the most commonly used currency within Brazil, the U.S dollar is commonly accepted due to its international value and the frequency of travellers visiting the country from America.
Brazil population ranks 6th globally for countries with the most population due to its estimated population of 212,560 million. Located in South America, Brazil is bordered by Uruguay, Bolivia, Paraguay, Peru, Venezuela, Columbia, Guyana, French Guiana and Suriname. It is the largest country in South America, with a total landmass of 8,358,140 kilometres.
As of 2020, it is estimated that over 62 million Brazilians are actively gambling online. This makes it one of the largest gambling market in Latin America, and likewise, the world. Moreover, there are more active players in Brazil than most major European markets. Subsequently, it is considered one of the top emerging markets based on population and economic growth.
Brazil is one of the few countries that has yet to create a regulatory authority to govern and overseas gambling activities within the country. Subsequently, there is no governing body other than local police to enforce article 50 under its criminal code. However, most operating within the borders of Brazilian are licensed with other international licensing bodies. Therefore, oversight and regulatory requirements are naturally incorporated into betting platforms offers by offshore bookmakers.
Due to the Brazilian criminal code, licensed gambling products are limited to state lotteries, bingo parlours, and lottery styled sports betting. Moreover, as the country hasn’t a formal regulatory body governing gambling within the state, online operators are not officially licensed. Subsequently, Brazilian’s punting online do so at their own risk.
Similar to other countries, the most common type of betting operators within Brazil are those offering sports and casino related products. Due to the lack of a regulatory authority and the limited enforcement of its gambling act, operators are free to operate without risk of punitive damages. In addition to sports and casino operators include bingo, poker and fantasy sports.
How to Choose the Right Online Betting Site
Choosing where to bet in Brazil depends on a number of factors that need to be taken into consideration. This is especially important if new to online betting or while reviewing a list of online betting sites in Brazil. While most operators are safe, new betting sites may be questionable. As such, the following factors will narrow down your list of online betting sites in Brazil:
- Does the sportsbook offer in-play betting or live streaming?
- Will you receive a betting sites bonus when registering and depositing?
- Do they offer multiple sports markets, casino games and other betting platforms?
- Is the betting site reputable and known for offering fair dispute resolution?
- Does the operator have a license from a respected licensing authority such as the UK Gambling Commission, Malta Gaming Authority or Gibraltar Licencing Authority?
- Do they provide multiple banking options and fast withdrawal processing?
- Do they offer 24-hour support services?
Bonuses for Brazilian Players
With over 62 million Brazilians actively wagering online, leading bookmakers find the Brazilian market an attractive place to do business. Resultantly, online bookmakers offer a never-ending supply of bonuses for Brazilian customers and subsequently heavily invest in the marketing of those promotional opportunities. The range of bonuses available for Brazilian players varies from special welcome offers to free bets, deposit bonuses and cashback bonuses. Moreover, bookmakers frequently enhance their promotional offerings through the delivery of best odds guaranteed and accumulator based bonuses.
Most Popular Sports to Bet on in Brazil
Despite Brazilians generally showing interest in sport types popular in the country, many enjoy a variety of international sports. This has seen a number of sport types not previously popular amongst Brazilian punters gaining traction. Subsequently, the sports most popular amongst Brazilians include:
- Formula One
- Mixed martial arts
Are Online Casinos Popular in Brazil?
Resultant of land-based casinos remaining illegal in Brazil, Brazilians are increasingly turning to online casinos for their recreational entertainment activities. The result has seen an explosion in offshore gaming popularity, with over $2.1 billion spent annually with offshore operators. This is partly resultantly due to the ease of casino to slots and other games of chance. Moreover, the increase in availability to live casinos have only further fueled interested with more tech-savvy Brazilians.
Trivia/Did you know that…
- The biggest lottery in Brazil is the Mega-Sena.
- There is only one licensed casino in the entire country of Brazil?
- It is estimated that Brazilians wager over €5.3 billion annually on illegal gambling activities.
- That online gaming in Brazil is estimated to generate over €750 million in revenue for online operators.
- That there is not an official licensing body in Brazil that governs and regulates gambling.
Available Mobile Apps
In a predominantly sports-oriented market, Brazilian punters have access to many of the worlds best-betting apps. Considering the passion Brazilian are known for displaying, many of the brands we have discussed offer dedicated mobile apps. Subsequently, they offer feature-rich apps that are functionally enhanced with superior graphical and navigational qualities. Moreover, the apps all feature a full range of sports markets, betting options, payment methods and promotional offerings.
Supported Payment Methods
Due to the nature of offshore betting and the diversity of its global player bases, most bookmakers offer a diverse selection of globally accepted payment methods. Resultantly, Brazilians are given access to a wide range of convenient methods for the purpose of transactional processing. Popular payment methods amongst Brazilians are diverse and include credit cards and the nationally preferred, Boleto Bancario. Other options available to Brazilians include Visa, Mastercard, Bank transfers and e-wallets such as Neteller, Skrill, Entropay and ecoPayz.
Under current legislation, most forms of gambling are illegal in Brazil, and therefore taxation of winnings is not applicable to individuals. However, taxation is applicable if a company offering gaming services is a legal entity in Brazil. In this case, a 15% corporate tax based on the corporations net profit and a 10% additional tax applies on income over BLR 240,000 up to a maximum of BLR240,000 per annum.
Are bookmakers operating within Brazil safe?
Yes, the majority operating and offering their services in Brazil and licensed entities. Subsequently, the laws that govern their operations overseas are naturally inherent in the manner in which they operate within Brazil.
Which bookmakers offer the best bonuses?
The nature of the business of bookmaking dictates that bookmakers offer bonuses that are competitive with other sportsbook operators. Therefore, to suggest one bookmaker over the other is unproductive due to the constant updating of promotional offers.
Will I incur any user fees when downloading and accessing a sportsbook betting app?
No, bookmakers will not charge any user fees for using or downloading their mobile sportsbook apps.
Is it possible to deposit and withdrawal using Bitcoin with Brazilian sportsbooks?
This will depend on the individual bookmaker and the funding methods they offer to their Brazilian customers.
Are there any minimum age requirements imposed on Brazilians when registering with an offshore operator?
Technically, no there is not, as gambling in Brazil is illegal. However, offshore operators require registering players to be at least 18 years of age.
Will I be required to share personal information when registering with an offshore operator?
Yes, all Brazilians who register with an offshore operator will be required to enter their personal information at the time of registration. Additional, when withdrawing, licensing regulations require offshore operators to verify the identity of the account holder.
Will offshore operators share my information with Brazilian authorities?
Generally, offshore operators will not share your information with government authorities unless in receipt of a subpoena. However, this is rare unless your activities are deemed illegal and criminal proceedings are brought against you.
The climate and mentality towards online gaming within Brazil are constantly evolving and providing the freedom for Brazilian’s to engage in their favourite pastimes. While the future looks bright for offshore betting operators in the country, they remain on the outside looking in while legislators work towards enacting laws that allow for the legalization of land-based and online betting activities.
The bad news for Brazilians is, similar to many other countries, the wheels of motion work at a pace that resembles the flow of molasses. Therefore, while they have access to a large number of betting options, wagering online remains illegal. That said, enforcement of Brazilian gaming laws are focused on unlawful land-based operations, and subsequently, Brazilians can partake in gambling activities without much fear of persecution.