The 6 Best Brazilian Betting Sites – Complete Guide

Brazil, one of the most sporting crazy nations on Earth, has also developed one the biggest global appreciations for online betting. This huge Latin American nation has enjoyed a wealth of sporting success in its time which has, no doubt, only helped to drive the strong gambling culture over the centuries. And, while gambling wasn’t always legal in Brazil, it now means we can take a look at the best Brazilian betting sites, brought to you by the finest operators in the largest country in South America.

6 Best Betting Sites we Recommend in Brazil

#1
bet365
  • Biggest online bookie in Brazil
  • Live streaming on a huge variety of sports
  • Up to £100 in Bet Credits
T&Cs APPLY, 18+ ONLY

Up to £100 in Bet Credits for new customers at bet365. Min deposit £5. Bet Credits available for use upon settlement of bets to value of qualifying deposit. Min odds, bet and payment method exclusions apply. Returns exclude Bet Credits stake. Time limits and T&Cs apply.

#2
Betfair
  • Latam’s biggest peer to peer betting exchange
  • Highly Competitive Odds
  • £100 In Free Bets

New customer offer. Place 5 x £10or more bets to receive £20in free bets. Repeat up to 5 times to receive maximum £100bonus. Min odds 1/2 (1.5). Exchange bets excluded. Payment restrictions apply. T&Cs apply.

#3
1xBet
  • Thousands of betting markets
  • Offers the most Competitive Odds
  • 100% up to €100

Please note: Access to 1xbet is restricted for UK residents. New Customers only. 100% on first deposit up to €100. The minimum required deposit to activate the bonus is €1. Before making a deposit into their account, customers must agree to receive a sports betting bonus either on the ‘Account Settings’ page in the My Account section, or directly on the ‘Deposit’ page. This bonus is automatically credited to customers’ accounts once the first deposit has been made, provided that the account details have been completed in full and a phone number has been activated. Wager 5 times the bonus amount in accumulator bets. Each accumulator bet must contain 3 or more events. At least 3 of the events included in an accumulator must have odds of 1.40 or higher. The start dates of all of these events should not be later than the validity period of this offer. The bonus must be used within 30 days of registration. After 30 days the bonus and all winnings made on the bonus will be revoked. T&Cs apply.

#4
LeoVegas
  • Perfectly for mobile use
  • Numerous deposit and withdrawal methods
  • Double Winnings up to £100

New customers only. Deposit £10 min and claim in 'My Offers' 1 x 100% profit boost. Offer is only valid for in-play bets placed via mobile. Max stake £10. Max extra winnings £100. Valid for 30 days. Skrill/Neteller deposits do not qualify. Please read full T&C's below. 18+ www.begambleaware.org

#5
Betsson
  • Huge wealth of sports-based betting markets
  • Excellent all-in-one Sportsbook & Casino app
  • Up to €125 Bonus money

Please note: betsson Welcome Offer not available for UK residents. This offer is only eligible to new customers who haven't used a sports welcome offer of Betsson before. Players will need to verify their age before being able to register an account. Bonus amount must be wagered 10x at a minimum odds of 1.50. System Bets do not count towards wagering. Wagering requirements must be met within 30 days for bonus money to become real money. Bonus money which has not been converted to real money after 30 days will be forfeited. The minimum Deposit for the Sport Welcome Bonus is €10.

#6
22Bet
  • Newcomers to the Latam market
  • Wide range of sports and markets
  • Several exciting betting promotions

Register with 22Bet. Make a deposit of at least €1. Get 100% bonus up to €122 for sports betting. The bonus will be credited to your account automatically after the deposit is made. Only one 100% first deposit bonus per customer. Before withdrawal the bonus amount needs to be wagered 5x in accumulator bets. Each accumulator bet must contain at least 3 selections with odds of 2/5 (1.40) or higher. 18+

Top 6 Brazilian Betting Sites – Ranked

Here are the top 6 betting sites in Brazil where punters can get the best possible Brazilian betting experience.

#1 Bet365

#2 Betfair

#3 1xBet

#4 LeoVegas

#5 Betsson

#6 22Bet

 

Online Betting in Brazil Explained

Online betting is thriving in Brazil, one of the largest countries in the world. In fact, of the global online sports betting market, it is estimated that Brazilian bettors make up around 7.1%. Brazil is of course a famously sports mad country and one that has enjoyed more success than most, particularly at the FIFA World Cup, a competition they have won a record five times.

 

Is Online Betting Legal in Brazil?

As of 2018, yes. With such a unique framework, appetite and enthusiasm, as well as the conditions that will hopefully soon be perfect for betting, the government was always going to bow to pressure and regulate gambling in a country where it has the potential to become one of the biggest online gaming markets on Earth.

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 bill’s passing would mean that online sports betting, and retail betting, would be regulated across the land. While this is still being discussed and reform is still in motion, Brazilians will need to find overseas operators that accept players from Brazil.

As things stand, this is very much a “watch this space” type situation. From 2018, when the bill was given the green light, government officials were allotted two years to get things sorted so while gambling has officially been given the go ahead there is still a lot of red tape to be removed and discussions to be had. Much of the debate has centred on how many sportsbooks should be allowed to operate which has impacted on the bill’s progress.

In the latest update, Brazilian president Jair Bolsonaro signed a decree (10,467) in August 2020 which states that Brazil’s National Bank for Economic and Social Development and the Ministry of Economy will now at last oversee Temer’s 2018 bill for new sports betting legislation. With estimates that put Brazil’s potential tax revenue at around $3.7 billion, we’re sure that they will get there in the end.

Online Betting In Brazil Timeline

  • 2018: Michel Temer, Brazil’s president at the time, gives the PM 846/2018 bill to legalise both online and land-based sports betting the greenlight in December that year.
  • Bill was also commissioned by the Brazilian Senate and the Chamber of Deputies and given two years to come to fruition.
  • 2019: Brazilian lottery bought under state control.
  • 2020: In August, Brazilian President Jair Bolsonaro passes the law 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 long-awaited legal gambling industry, starting with sports betting.

 

Choosing a Good Brazilian Betting Site

In Brazil, as is the same anywhere, there are a number of factors 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 betting site’s performance in factors such as safety and security, customer service, banking options and promotions. It would also be prudent to look into odds fairness, licence, games offered and market selection.

 

Popular Payment Methods for Brazilian Customers

Because this is still a relatively new market for Brazilian bettors, many choose not to risk their credit and debit card details and use many of the alternative methods of payment instead. It is reckoned that 80% of Brazilians use global e-wallets such as Skrill, Paypal, Neteller as well as other similar deposit options such as Apple Pay, Google Pay, Paysafecard as well as Bank Transfers and a whole host of the newer options.

 

Live Betting in Brazil

In South America’s biggest country, live betting has really found a home. Given how obsessed people in Brazil are over sports, where football is said to be a religion, this is hardly surprising news. What we love about live n-play betting is that it adds a thrilling new element to watching sport and provides some truly exhilarating betting opportunities. No doubt, Brazilian bettors feel the same.

 

How to Bet Online in Brazil

Betting in the South American nation of Brazil bears no differences to betting anywhere else. Smartphones and desktop devices are commonplace, so most online bookmakers provide apps that allow swift account access from where punters, in this case Brazilian punters, can successfully place their bets. All you need to do to make a bet in Brazil is login, pick your punt, choose your stake and place the bet. After this, punters, be they Brazilian or not, can sit back and watch the game play out in real time.

 

Best Brazilian Betting Sites FAQs

⚡️ What Are the Best Betting Sites in Brazil?

We firmly believe that the best betting sites in Brazil are Bet365, Betfair and 1xBet.

🤑 Is Online Betting Legal in Brazil?

Yes, online betting is legal in Brazil.

⚒️ Is Betting in Brazil Safe?

Yes, providing you bet with an internationally regulated site.

🎰  What are the Most Popular Banking Options for Betting In Brazil?

The most popular payment methods for betting in Brazil online are Neteller and Skrill and other alternative e-wallets.

⚽ What Sports are Popular for Betting in Brazil?

Brazil loves its Football and has enjoyed unprecedented success too. But sports such as tennis, golf, boxing and motorsports are popular too.

🥇 What Currency is Accepted For Betting In Brazil?

Brazilian Real is the official currency of Brazil; however, the top international betting sites accepts a wide range of currencies.

 

ThePuntersPage Final Say

Brazil, land of the samba and home to the five times FIFA World Cup 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 you call it home, betting on your favourite sport won’t be a problem.