As one of the biggest sports-loving nations on Earth, Brazil has also developed one of the biggest global appreciations for online betting. While gambling wasn’t always legal in this country, things have now changed, meaning we can take a look at the best Brazil betting sites, brought to you by the finest operators out there.
- Online Betting in Brazil Explained
- Is Online Betting Legal in Brazil?
- Choosing a Good Brazilian Betting Site
- The 7 Best Betting Sites we Recommend in Brazil
- Popular Payment Methods for Brazilian Customers
- Live Betting in Brazil
- How to Bet Online in Brazil
- Other Country Betting Guides - Click Each Flag To Learn More
- Best Brazilian Betting Sites FAQs
- ThePuntersPage Final Say
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, not only famously crazy about sports, but has also 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 with the potential to become one of the biggest online gaming markets across the globe.
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 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 – 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 greenlight in December that year.
- The 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 eagerly anticipated, legalised 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, licensing, games offered and market selection.
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#1
Pinnacle
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T&Cs APPLY, 18+ ONLY
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#2
 bet365
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T&Cs APPLY, 18+ ONLY
Bet Credits risk excluded from returns. T&Cs, time limits and exclusions apply. #ad |
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#3
 Betfair
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T&Cs APPLY, 18+ ONLY
New customer offer. Place a min £10 bet on the Sportsbook on odds of min 1/2 (1.5), get £30 in Free Bets. Rewards valid for 30 days. SMS verification required. Only deposits via cards or Apple Pay will qualify. T&Cs apply. Please Gamble Responsibly.Full T&Cs apply. BeGambleAware.org #ad |
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#4
 1xBet
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T&Cs APPLY, 18+ ONLY
18+ 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. Full T&Cs apply. BeGambleAware.org #ad |
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#5
 LeoVegas
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T&Cs APPLY, 18+ ONLY
Key terms - New players only. Claim by placing a min deposit £10 via "My Offers" page within 30 days. Skrill/Neteller deposits excl. 7 days to stake max £10 in-play. Max. extra winnings £100. 18+ | BeGambleAware.org | LeoSafePlay.com | Play responsibly! Full T&Cs apply BeGambleAware.org #ad |
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#6
Betsson
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T&Cs APPLY, 18+ ONLY
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. Full T&Cs apply. BeGambleAware.org #ad |
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#7
22Bet
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T&Cs APPLY, 18+ ONLY
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+ Full T&Cs apply. BeGambleAware.org #ad |
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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 estimated that 80% of Brazilians use global e-wallets such as Skrill, PayPal and Neteller, as well as other similar deposit options like Apple Pay, Google Pay and paysafecard. Bank transfers and many newer payment options are also widely used.
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, where football is said to be a religion, this is hardly surprising 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, Brazilian bettors feel the same way.
How to Bet Online in Brazil
Betting in 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 log in, 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.
Other Country Betting Guides - Click Each Flag To Learn More
Australia
Belgium
Canada
Denmark
France
Finland
Germany
Greece
Hungary
Hong Kong
India
Ireland
Italy
Netherlands
Nigeria
Portugal
Spain
Sweden
SA
Ukraine
UK
USA
Best Brazilian Betting Sites FAQs
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Yes, online betting is legal in Brazil.
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Yes, providing you bet with an internationally regulated site.
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The most popular payment methods for betting in Brazil online are Neteller, Skrill and other alternative e-wallets.
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The Brazilian real is the official currency of Brazil; however, the top international betting sites accept a wide range of currencies.
ThePuntersPage Final Say
Brazil, home to five-time 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 if you happen to call it home, betting on your favourite sport won’t be a problem.
Looking to bet somewhere new? Check out our detailed regulations guide to betting in different countries.
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