Looking for the best Brazil betting sites online? As one of the biggest sports-loving nations on Earth, the country has also developed one of the largest global appreciations for online gambling. Recent chang▨es to legislation have also opened the do🤡or further to this thriving market. To find out more, check out our detailed guide below!
- 1 The 6 Best Betting Sites we Recommend in Brazil
- 2 Online Betting in Brazil Explained
- 3 Is Online Betting Legal in Brazil?
- 4 Choosing a Good Brazilian Betting Site
- 5 Popular Payment Methods for Brazilian Customers
- 6 Live Betting in Brazil
- 7 How To Bet Online in Brazil
- 8 Other Country Betting Guides – Click Each Flag To Learn More
- 9 ThePuntersPage Final Say
- 10 Best Brazilian Betting Sites FAQs
- 11 Sources
The 6 Best Betting Sites we Recommend in Brazil
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Get a R$540 Bonus + R$160 in Free Bets 18+ Your first deposit of €10 or more will trigger the bonus, a €5 Free Bet, and 25 Free Spins to Joker Blast Bonanza + 25 Free Spins to Sweet Bonanza. You can claim further Free Bets and Free Spins on your next five deposits. In total, you can get €30 worth of Free Bets and 300 Free Spins. Full T&Cs apply. Bet Responsibly. #ad |
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Online Betting in Brazil Explained
Online betting is thriving in Brazil, one of the largest countries in the world. In fact, it is estimated that Brazilian bettors make up around 7.1% of the global market online.
38% of Brazilians take part in some form of sports betting, and of those, a whopping 81% bet on football. Of course, football isn't just a sport in Brazil; itꦅ's an integral part of the national identity, characterised by a highly competitiv🧔e domestic league and a world-class national team.
To cater to this demand and popularity, Brazil betting sites regularly roll out football-specific promotions for keen sports punters. This trend doesn’t seem to be slowing down, either, with sports betting revenue in the country increasing by 11.5% per year.
Football Landscape in Brazil
Football is practically a religion in Brazil, with the national team having been instrumental in making the beautiful game truly iconic, with the likes of Joga Bonito and Ginga helping to secure five FIFA World Cups and nine Copa Americas.
On top of that, the renowned Campeonato Brasileiro Série A features the famous ‘Big 12’. This means that in any given season, between 10 to 12 teams have a legitimate shot at clinchi𒉰ng the league title.
Brazilian clubs have also been competitive on the international stage, winning a total of 23 Copa Libertadores finals between 1960 and 2023. There was also an impressive streak where a Brazilian club triumphed in every Copa from 2019 to 2023. Furthermore, at the Club World Cup, Brazilian cl♑🦂ubs stand out as the only non-European teams to have won the tournament, achieving this feat on four occasions.
Top 3 Football Clubs in Brazil
As we've just mentioned, the Brazilian Serie A is incredibly competitive, meaning that most teams have a good chance of🌌 winning the entire thing! Betting sites in Brazil take advantage of this every season. Here's a look at three of the top Brazilian clubs based on their achievements:
Palmeiras
Considered the current and historical best team in Brazil, Palmeiras ♎have collected 12 Serie A titles and 3 Copa Libertadores championships for their prize list. Until the end of 2023, they were placed 2nd in the World Club rankings, sitting just behind Manchester City and🌟 ahead of Real Madrid.
Santos
The historic giants of Brazilian football, Santoꦜs is the club where the iconic Pelé made his mark, contributing significantly to their eight Campeonato Brasileiro and three Copa Libertadores victories. In spite of this, however, Santos have faced challenges in maintaining competitive form, culminating in their first♚-ever relegation in 2023.
Corinthians
An international giant, Corinthians have seven Brazil Serie A titles and one Copa Libertadores al꧟ready stamped in their charts. The crowning achievement, and the envy of every Brazilian club, is their claim over two Club World Cup titles, won in 2000 and 2012 respectively.
Is Online Betting Legal in Brazil?
As of 2018, yes. The appetite for betting experi𝔉enced a continued growth until legal Brazil betting sites became an inevitability. To that end, in December 2018, Brazil’s former president Michel Temer approved the PM 846/2018 bill, which was also backed by the Brazilian Chamber of Deputies, as well as 👍the Senate.
The bi💎ll’s passing meant that punters could use any international online sports betting sites that accept B🌊razilians. Officials have been fine-tuning the regulatory framework for several years now, amidst ongoing debates on how many bookmakers should be allowed to operate in the country.
On the 21st of December 2023, Bill PL3626/23 was ratified, which has launched a Federal Sports Betting Marketplace to regulate the industry. The new law states that punters must pay 15% federal tax on any winnings above R$2,112, while betting sites operating in Brazil are obliged to contribute 12% of their earnings.
Online Betting in Brazil – A Timeline
2018: Michel Temer, Brazil’s president at the time, gives the PM 846/2018 bill – set to legalise both online and land-based sports betting – the green light in December. Also commissioned by the Brazilian Senate and the Chamber of Deputies, this bill is given two years to come to fruition.
2019: The Braz🌳ilian lottery system is brought under state control.
2020: In August, Brazilian President Jair Bolsonaro passes the la🐽w 10,467, which establishes powers for Brazil’s National Bank for Economic and Social Development (BNDES) and the Ministry of Economy to build Brazil’s eagerly anticipated, legalised gambling industry, starting with sports betting.
2020 – 2023: Over 10ꦬ0 amendments are made to theౠ original bill, reflecting ongoing improvements and adjustments to the budding legislation.
2023 – 2024: A new bill is ratified to refine the original document, giving birth to the Federal Sports Betting Marketplace and introducing specific tax rates for punters and opera🐈tors.
Choosing a Good Brazilian Betting Site
There are multiple aspects that potential punters must consider before they commit to a new online betting site. So, for Brazilians looking to make a bet, they would want to investigate a bettinꦗg site’s performance in several factors. The best betting sites Brazil should have these:
Popular Payment Methods for Brazilian Customers
Because online sports betting 🦩is st🧸ill a relatively new market for Brazilians, many prefer to use alternative methods of payment as opposed to the conventional debit or credit card.
In fact, it is estimated that 80% of Brazilians use global e-wallets such as Skrill, PayPal, and NETELLER, as well as other similar options like Apple Pay, Google Pay, and paysafecard. Bank transfers and ma�ಌ�ny newer payment technologies are also widely used.
Having said that, bear in mind that not every bookmaker supports the same number of payment options. Some bookies such as 22Bet accept over 80 different methods, including 40 cryptocurrencies, while operators🔜 such as Be🌳tsson cater for only a few of the most used options.
ღ Below are the most commonly used payment methods among B💝razilian punters.
Live Betting in Brazil
In the so-called Land of the Palms, live betting has really found a home. Given how obsessed with sports people are in Brazil, this is hardly su෴rprising news.
What we love about🦹 in-play betting is that it adds a thrilling new element to watching sport and provides some truly exhilarating betting opportunities. No doubt, Brazi♔lian bettors feel the same way.
Livestreaming
The best sports betting sites in Brazil will want to go the extra mile, offering the best experience possible for punters. With this in mind, every bookmaker on our list above offers livestreaming on different sports and eve♚nts, so you’re spoilt for choice hereಞ!
This feature is not just a⛎bout watching the match in real-time; it's about immersing you, the bettor, in the action, allowing y♛ou to make informed live bets as the event unfolds before your eyes.
How To Bet Online in Brazil
Betting online in Brazil is as straightforward and enjoyable as betting anywhere else in the world. In response to the widespread use of smartphones and desktop devices, online bookmakers have developed user-friendly apps for easy account access, enablingꦓ Brazilian punters to place bets effor♒tlessly.
Football naturally dominates Brazilian betting sites, which ex🧸cel in offering extensive markets. However, exploring other sp🌳orts can also be rewarding.
To place a bet, simply choose your event, select your markets, place your stake, and you’re off to the races! But don’t just go around betting all willy-nilly – make your bets worthwhile with the below betting strategies:
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Bet on what you know: The best way to start is to bet on something you’re familiar with, as you’ll 🐲be able to🧸 make more well-informed predictions.
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Do your research: This will go a long way into placing smarter, more accurate wagers. Our football stats centre is perfect for gathering valuable information.
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Follow the experts: Gaining perspectives from established betting tipsters can offer new angles and advice, pot🐬entially improving your betting outcomes.
Other Country Betting Guides – Click Each Flag To Learn More
ThePuntersPage Final Say
, home to five-time FIFA World C🌌up champions, is one of the most fanatical betting nations on Earth. Because of this, as you might expect, there is a vast array of online bookmakers to bet with. So, whether you happen to find yourself in South America’s largest nation or if you happen to call it home, betting on your favourite sport here won’t be a problem!
Looking to bet somewhere new? Check out our detailed regulations guide to betting in different countries.
Best Brazilian Betting Sites FAQs
Our list of the best betting sites in Brazil is definitive, with every op💞tion there aꩲ great choice. That being said, Pinnacle, bet365, Betfair, and 1xBet come out on top.
Yes, online betting is legal in Brazil.
Yes, providing you register with an internationally🐼 regulated site.
The 🐻most popular ﷺpayment methods for betting in Brazil online are NETELLER, Skrill, and other e-wallets.
The Brazilian꧅ real is the country's official currency; however, top interna💮tional betting sites accept a wide range of options.
Sources
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Globo’s exclusive survey provides an in-depth look into Brazilian gamblers (2021) Samba Digital. Available at: //sambadigital.com/globos-exclusive-survey-provides-an-in-depth-look-into-brazilian-gamblers/ (Accessed: 11 Janua𒁏ry 2024).
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Lingeswaran, S. (2024) Signal: Brazil regulates sports betting market, Sportcal. Available at: //www.sportcal.com/features/signal-brazil-regulates-sports-betting-market/?cf-view (Acc💖essed: 11 January 2024).