The 6 Best Portugal Betting Sites in 2023

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Last Updated on: 23.02.2023

Europe’s oldest country, Spain’s neighbours, and Cristiano Ronaldo’s birthplace… Portugal is a wonderful country with a rich sporting history and a growing interest in betting. Read on for important information on Portuguese betting laws, the best Portuguese betting sites, popular payment methods, and more!

Is Online Betting Legal in Portugal?

Prior to 2015, the laws surrounding online gambling in Portugal were strict, with no international bookmakers legally allowed to operate in the country. Instead, there was a state monopoly in place run by Santa Casa da Misericórdia de Lisboa. However, the market was blown wide open after the implementation of the Decree-Law 66 in 2015. This officially regulated the online betting scene and opened the market to international bookies, provided they obtained a local licence from the Portuguese authorities.

Despite this, only a handful of bookies have applied for a licence. Tax rates in Portugal are astronomically high, with online “fixed odds” sports betting companies subject to as much as 35% tax on their turnover. This has obviously deterred most operators from entering the market, and the ones that do usually offer low odds to compensate.

As a result, reports have claimed that over half of Portuguese punters prefer to sign up with unlicensed foreign operators and benefit from better prices without fear of prosecution.

Best Betting Sites We Recommend for Betting in Portugal

  • Sports betting giant
  • Brilliantly designed site
  • Livestreaming on a huge variety of sports

18+ - Offer for new customers at bet365. Min deposit requirement. Free Bets are paid as Bet Credits and are 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 Full T&Cs apply. #ad

  • Livestream your favourite sports
  • Available in over 100 countries
  • Exceptionally good 24/7 live chat

18+ New customers only. Min deposit £10. Money back as bonus if first bet loses. Wagering requirements: sportsbook 3x at min. odds of 1.40 (2/5), casino 50x. Unless forfeited the sportsbook bonus must be wagered before using the casino bonus. Bonus expires 7 days after opt-in. No deposit required for NI customers. Call 08081699314 to claim. Full T&Cs apply. #ad

Megapari logo
  • Good sports promotions
  • Variety of sports markets
  • Lots of sporting events offered
  • Quality football offering
  • High-quality odds
  • Great promotions
fansbet logo
  • Quick and easy registration
  • Generous welcome and weekly offers
  • Perfectly efficient and well-designed site

Offer for new customers who register via Mobile; Place first £10 bet on sports with 3 legs at odds of 1.3 or greater per leg; Free Bet credited after the qualifying bet has settled; Free Multiple Bet must contain 3 legs at odds of 1.3 or greater per leg; Free Bet stakes not returned; No wagering requirements on winnings; £100 max win; 18+. Full T&Cs apply. #ad

  • Promising European betting site
  • Great 'Request a bet' feature
  • Variety of sports available

Online Betting in Portugal

Portugal has a long and rocky history with betting. Popularised by gambling houses in the Middle Ages, King Alfonso IV banned gambling in 1350 – a policy that lasted until around 1927. Nevertheless, lotteries were introduced in the 17th century and made permanent in 1946.

Gambling remained prohibited by the government until 1927 – when it recognised that gambling was happening anyway and should therefore be regulated. The gambling industry then became a state-owned monopoly until 2015 when online gambling was legalised and bookmakers could start operating in Portugal.

Betting enjoys great popularity among the Portuguese, which is no surprise given the country's rich sporting history and equally great pedigree. Gross gambling revenues from sports betting amounted to €89 million in the third quarter of 2022, and it's estimated that they'll continue to rise until 2023.

Betting in Portugal – Good to Know

  • The legal age to bet in Portugal is 18 years old for tourists, and 21 years old for Portuguese citizens.
  • Individuals are not taxed on their sports winnings.
  • International betting providers are required to operate in Portugal using a “pt” domain.
  • The Euro (€) is the default currency used by bookmakers operating in Portugal.
  • Operators must renew their local licence every three years or drop out of the market.

Choosing a Good Betting Site in Portugal

When choosing a betting site in Portugal, and when betting online abroad in general, safety should be your top priority. Signing up with a licensed operator will offer you protection in the scenario that something goes wrong. You can refer to the list on the Serviço de Regulação Inspeção de Jogos (SRIJ) website to ensure a bookie is licensed. It’s also good to look out for the SRIJ logo at the bottom of a betting website’s page.

Since many punters choose to go for unlicensed foreign bookies anyway, we'll advise that you take the necessary precautions should you decide to go down this path. We also suggest that you check out some VPN betting options as an alternative.

Reading through expert reviews is a smart way to get a feel for an operator’s integrity, and thankfully, at ThePuntersPage, we also provide reviews on a long list of online bookies.

On another note, we always suggest you utilise a bookie’s welcome bonus. Of course, due to the hefty tax rates, you’re unlikely to find the generous offers you’d find in the UK, but deals like 888casino’s €8 no deposit bonus are still worth picking up.

Best Payment Methods for Players in Portugal

Like many other European countries – and of course, the UK – Portuguese betting sites offer a variety of options for deposits and withdrawals. The most popular method is credit and debit cards via Visa and Mastercard.

Alternatively, many electronic wallets are also used, including NETELLER, Skrill, and of course, PayPal – all viable options for new punters.


Multibanco is the largest interbank network in Portugal, offering a quick and easy way for Portuguese players to deposit and withdraw. Players can transfer money and make direct payments through ATMs, which can be found throughout the country in banks, supermarkets, and airports, or they can simply pay through their online account.

To create an online account, visit Multibanco's website and register using your banking details. A virtual debit card will subsequently be issued and branded according to your bank. Mastercard, American Express, and Visa are the three you can choose from. You then need to enter the details of your Multibanco virtual debit card into the cashier section of your chosen betting site.

The great thing about Multibanco is the ease of managing your account. You can always log in to your mbNET account to add funds, make payments, or withdraw cash. On top of this, since the card is virtual, you’re never in danger of losing it.

Live Betting in Portugal

Online betting has given us a unique opportunity that wasn't possible with brick-and-mortar operators: the in-play betting market. As in every other major betting nation, live betting is very popular in Portugal.

Every reputable betting site offers some form of in-play betting, with live odds that change as an event unfolds. Many bookmakers also offer updated statistics and match updates during an event to keep bettors informed – even when they aren't watching the game or tournament in question.


Many of the bookies who offer livestreaming services in the UK will offer it in Portugal as well. We suggest checking out the bookie in question beforehand to make sure streaming is available for the event you want to bet on, as well as for your favourite sports.

How to Bet Online in Portugal

Betting online in Portugal is easy! All you need to do to get started is pick a licensed bookie and register an account. We’ve already done the hard part and put together an above list of what we consider to be the best Portuguese betting sites.

Registration is similar to the UK with plenty of safety features to keep your data secure. Make sure to check out any welcome offers provided by the site to ensure that you claim them upon registration.

You may also be tempted to stick to using your account abroad. In this case, we suggest using a VPN to ensure that you can bet from anywhere. Remember, not all sites work with a VPN – so make sure to check beforehand to avoid disappointment.

Is Sports Betting in Portugal Popular?

Portugal is a sports-hungry nation, with the most popular sport undoubtedly being football. When one of the best players in footballing history is born and raised in your country, it goes without saying that this will generate a huge a following.

Cristiano Ronaldo is adored in Portugal, having led his country to their first Euros triumph in 2016. He's far from being the first Portuguese player to be listed amongst the greats, however. Eusébio, Luis Figo, Simão Sabrosa, and Pepe all had illustrious careers at various points over the last 60 years or so.

Benfica and Porto also have three Champions League titles between them, with Porto famously winning it against all odds under José Mourinho’s tutelage.

With Portugal boasting such a successful history in football, it comes as no surprise that betting on this sport is extremely popular. Portuguese punters are avid supporters of the English Premier League, the Italian Serie A, the German Bundesliga, as well as the local Primeira Liga.

Portugal's passion doesn't end at football, however! Their futsal, rink hockey, basketball, and handball teams are all highly successful, and are popular options for punters in the country as well.

How to Bet Online in Portugal

To bet in Portugal, you’ll need to start off by creating an account. Visit your new bookie’s website and register. You’ll be asked to enter personal details, including your name, surname, email, date of birth, NIF (Número de Identificação Fiscal), and IBAN number. You'll also have to enter a security question, which will be used if you need to recover your account at a later stage.

At some point, a bookie will ask you to verify your identity and bank details. This might be as soon as you register the account, but others tend to ask for this after you’ve requested your first withdrawal. Once you’ve submitted the documentation, bookies usually take between 24-48 hours to get back to you. If you have any problems along the way, be sure to get in touch with their customer support, either via live chat or email.

Best Portuguese Welcome Offers

Megapari, PariPesa, and FansBet all have a similar first deposit promotion, offering a 100% matched deposit of up to €100 (£88.96) or the equivalent in any other currency.

While the above welcome bonus is a truly generous one, these promotions in general should be a major factor when choosing which operator to register with. In addition, it's important to read the terms and conditions attached to pick which offer best suits you.

Other Country Betting Guides - Click Each Flag to Learn More

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Best Portuguese Betting Sites FAQs

Online betting is legal in Portugal, as long as bookies have applied for and received a local licence. Right now, few bookies have obtained one. bet365 and Betway are two excellent, licensed betting sites In Portugal.
Players are not taxed for their winnings in Portugal.
Multibanco, a local bank transfer payment option, is very popular in Portugal that allows players to pay quickly and safely. Other popular methods include credit and debit cards like VISA and Mastercard, as well as e-wallets like PayPalNETELLER and Skrill.
If the bookie is licensed in Portugal and is unwilling to solve your issue, taking it up with SRIJ is your best route.

ThePuntersPage Final Say

To sum everything up, online betting has become an increasingly popular activity in Portugal; however, the country has implemented some of the harshest taxes on gaming operators that we’ve seen, and as a result, the pool of licensed bookies is small. As a result, punters tend to opt for unlicensed bookies for better odds, but we have to warn you that this does come with an element of risk.

Regardless of tax rates, we still expect more bookies to join the market and increase the value for punters to redeem. Nevertheless, it is crucial that Portuguese bettors exercise caution and take appropriate measures online to avoid any negative consequences.