Sports Betting in Brazil

Betting Sites and Bookmakers in Brazil

Not surprisingly, the population of the country, where football is as popular and well-developed as it is in Brazil, spends a large amount of time on sports betting sites.
Open source statistics show that many of the largest betting sites handle the lion's share of Brazilian sports betting customers and are in no way going to turn them down, despite the fact that sports betting transactions originating in Latin America do not bring bookmakers the high level of income as do bets originating in Europe.
One good example of the high level of traffic coming from Brazil is the Bet365 Brasil website which is visited by more than 40 million Brazilian bettors every month!

Is Sports Betting Legal in Brazil?

Currently this market is not legally regulated in the country. However on the one hand, there is also no direct ban on sports betting in Brazil but there is the risk that such activities may be declared illegal by a court decision.

That being said, however, there are absolutely no prohibitions against residents of the country placing bets using offshore betting sites. In this regard we are referring to international betting sites that are physically located outside of Brazil and therefore have an offshore jurisdiction.

Therefore due to the absolute legality of offshore gambling online sports betting is widely available in Brazil and absolutely legal though various international betting companies such as Bet365 Brasil, KTO Brasil, 1xBet Brasil, etc.

The so-called “Southern Temperament” and a widespread passion for football serve as the basis for the huge interest of Brazilians in bookmakers and sports betting.

Approximately a quarter of the entire adult population of Brazil have at one time or another bet on sports or have had a similar experience in the past.

Being as football is the national sport of Brazil it is played by up to half of the country's population with many variations of the sport also being popular. Therefore bettors prefer to bet on football, beach football, mini football and futsal. However Brazilians also like to bet on volleyball and its own variant, beach volleyball.