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Sports Betting Online in Brazil 2024

Although there is no concrete regulatory body for sports betting, the Brazilian online betting industry keeps growing. This is expected as the nation's rich sports culture drives citizens to wager on football and other sports. Consequently, many offshore bookmakers are available in the betting industry.

Meanwhile, since the legal framework is still being processed, punters must be careful in choosing platforms to patronise. Luckily, our experts have selected some betting sites in Brazil for you. During our selection, we evaluated the safety, sports coverage, markets, promotions, and many other essential factors.

List of Best Bookmakers in Brazil

Rank Bookmaker Rating Bonus Get bonus
1
4.5/5
100% welcome bonus up to 50 BRL
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2
4.5/5
100% welcome bonus of up to R$100
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3
4.5/5
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4
5/5
WELCOME BONUS 1110 BRL
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5
4.5/5
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6
5/5
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7
4.8/5
100% WELCOME BONUS UP TO 100 EUR
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8
4.8/5
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9
4.3/5
100% welcome bonus up to €1,000
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Sports Betting in Brazil: The Complete Manual

This post is the complete manual to teach you about Brazilian sports betting history, legislation, and top betting sites in Brazil. Our Allbets experts also explain how to make the best bookie selections as we discuss payment methods, responsible gambling, and other aspects of sports wagering you must know in Brazil.

History of online betting in Brazil

Tracing the history of Brazilian online betting to the earlier years before the 1940 ban, we discovered sports like horse racing, football, etc, attract informal betting. There was no legal framework for gambling until the 1941 Criminal Contravention Act made sports betting illegal.

Meanwhile, state-run lotteries and horse race betting are legal, while Brazilians patronise illegal betting for other sports. However, slot machines and bingo became legal in 1993 due to the Zico Act, before its 1996 replacement by the Pele Act. Other forms of gambling keep operating illegally in the country as commercial football popularity keeps growing as the internet emerges.

Further, 2018 sees sports betting becoming legal, but the industry has no legal framework or body for regulation. Late 2023, however, recorded a giant step towards sports betting regulation as a new legal framework was signed into law but not fully authorised yet.

How is online betting regulated in Brazil?

While we await a more solid legal framework enacted in 2024, the Ministry of Economy controls online betting activities in Brazil. While the role is temporary, the body issues licenses and monitors bookmakers’ activities in the nation via the Secretariat of Lotteries.

Further, the game types, security standards and the technical requirements for bookies to operate in the country are handled by the Ministry. Meanwhile, bookmakers in Brazil pay 12% of their revenue as tax to the Brazilian Ministry of Economy.

To aid the temporary regulator, the Ministry of Justice and Public Security mandates responsible gambling advertisement by bookies and prevents unlawful betting activities. As the new regulatory body edges closer, its arrival will change the Brazilian online gambling industry.

🌍 Country

Brazil

👌 Language

Portuguese

💲 Currency

Brazilian Real (BRL)

⚽ Popular sports

Football, Tennis, Basketball, Volleyball

⚖️ Is betting legal

Yes, betting is legal in Brazil

🏢 Regulator

Ministry of Economy (Temporary)

🧾 Gambling taxes

12% on bookmakers

💳 Most popular payment methods

Skrill, VISA, MasterCard, Boleto, Cryptocurrency, PIX

What did we take into account when picking the best bookmaker in Brazil?

The developing nature of the regulatory framework in Brazil's gambling industry enabled many offshore bookies. To ensure we picked the best from the multiple betting companies reviewed, the Allbets team evaluated several factors adequately. The factors include:

  • 1

    Security and License:

    To guarantee the safety of Brazilian punters, we ensure the bookies have standard security measures like SSL encryption. We also evaluated the licenses the selected bookies picked and ensured they are reliable.

  • 2

    Sports and Market Range:

    the range of sports and markets available for punters on the bookmakers is another aspect we evaluated. Aside from common football and basketball, we checked for minor sports and leagues. We also make sure standard and special betting options are available.

  • 3

    Available Payment Methods:

    You will need the banking options for funding and payouts. Therefore, our team checked the available methods are safe, fast and easy for punters in the nation.

  • 4

    Rewarding Bonuses and Promotions:

    With rewards like the sign-up and referral bonuses on the selected sportsbooks, bettors can win real money without risking their bankroll.

  • 5

    Special Betting Features:

    Brazilian bettors can enjoy an enhanced online betting experience with unique features on our picks. Live streaming, in-play, cashout, and bet builder are some features.

  • 6

    Customer Support:

    While the recommended bookies ran smoothly, we checked the support units. We evaluated their responsiveness, speed and how helpful the customer support is before choosing any sportsbook.

How to bet online in Brazil

Since wagering on most betting sites in Brazil takes similar procedures, our experts' 5-step guide will get you started quickly.

Choose a Credible Betting Site

The first step to having an exciting betting experience in Brazil is to choose a reliable, safe, and licensed bookie. You can check our list of top bookies.

Create a Betting Account

The next step is visiting the bookmaker’s platform and creating a betting account. You may need to provide the required details like name, email, number, etc., and be 18+ to complete this stage.

Fund your New Account

Log into your new account and head to the banking section to deposit into your new account. You will find many payment methods here; choose the one that suits you.

Place your Bet

Pick some betting options and place a single, multi, live or pre-match bet using your balance. You can also wager with bonuses if you have any.

Withdraw your Winning

Once you win your wager, cashing out is easy. Head to the cashier section and choose the withdrawal method you like.

Top 5 best online betting sites in Brazil

After tirelessly reviewing many bookmakers available in the country, Allbets experts finally coined out the best online bookies in the country. We examined the security, offers, payment methods, customer support, etc., while picking. Check out the list below.

Rabona

Rabona Brazil

Rabona commenced operation in 2019, providing top-tier online sportsbook and casino services. It offers more than 30 sports and accepts both pre-match and live betting for Brazilians. The platform has a user-friendly interface for the desktop and mobile app versions. While punters enjoy vast market coverage with great odds, excellent customer support, seamless payment methods, and generous bonuses are available on Rabona.

Bonus

Requirements

Minimum Deposit

Deposit Methods

100% up to 500 BRL

Create New Account

30 BRL

Mastercard, VISA, Pix, Skrill, Boleto, Cryptocurrency

Pluses
  • 30+ sports with a wide market range
  • Mobile apps available
  • Multiple currencies, including BRL
  • Rewarding bonuses
  • Multiple
Minuses
  • No live-streaming for sports

 

 

20Bet

20Bet Brazil

20Bet is another top betting brand that accepts punters from Brazil. It was established in 2020, and it offers both in-play and pre-match betting across its 30+ sports collections. Punters can also enjoy vast markets with competitive odds on 20Bet. Multiple banking options, live streaming, generous promotions, and many other perks are available on the platform.

Bonus

Requirements

Minimum Deposit

Deposit Methods

100% up to 500 BRL

Create New Account

25 BRL

Pay4Fun, VISA, American Express, Pix, Cryptocurrency

Pluses
  • 30+ sports with vast markets
  • In-play and live-streaming features
  • Multiple languages, including Portuguese
  • Live chat customer support
Minuses
  • Bonus terms can be better.

 

 

MegaPari

MegaPari Brazil

Brazilians can patronise MegaPari, a top brand created in 2019. It offers 40+ sports with a wide range of betting options and competitive odds. Also, bettors can easily navigate the user-friendly platform and place their pre-match or in-play wager. Furthermore, MegaPari has multiple payment options, a Livestream feature, cashout and helpful customer service. You also get rewarded for joining the platform.

Bonus

Requirements

Minimum Deposit

Deposit Methods

100% up to 1200 BRL

Open New Account

5 BRL

Mastercard, VISA, Jeton, Neteller, Cryptocurrency

Pluses
  • Vast sports and market range
  • Mobile compatibility
  • Accepts cryptocurrency
  • Rewarding welcome offer
  • Support Cryptocurrency payment
  • Live chat and phone support are available
Minuses
  • Apps not available in app stores

 

 

N1Bet

N1Bet Brazil

Betting on N1Bet offers punters in Brazil access to over 40 sports as they enjoy pre-match and live betting. Although it started in 2021, it has grown to provide excellent betting options and competitive odds. Similarly, navigation on the platform is easier with a user-friendly interface. Bettors can also access multiple payment methods, rewarding bonuses and excellent customer service.

Bonus

Requirements

Minimum Deposit

Deposit Methods

100% up to 1100 BRL

Open New Account

5 BRL

Mastercard, VISA, Jeton, Neteller, Cryptocurrency

Pluses
  • 40+ sports with extensive betting options
  • 24/7 customer support
  • Live betting service
  • Rewarding bonuses
Minuses
  • Mobile application not available

 

 

1xBet

1xBet Brazil

Last on our list is 1xBet, a global betting brand that has been around since 2007. It houses over 40 sports, with a wide range of betting markets and competitive odds. Wagering on both mobile apps and desktop versions is easy with a user-friendly interface. Also, multiple payment options, in-play, and generous offers are available on 1xBet.

Bonus

Requirements

Minimum Deposit

Deposit Methods

100% up to 1200 BRL

Open New Account

5 BRL

Mastercard, VISA, Neteller, Perfect Money, eVouchers, Cryptocurrency

Pluses
  • 40+ sports available
  • Over 40 sports with a wide market range
  • Android and iOS apps available
  • Multiple payment methods
  • Generous bonuses
Minuses
  • Customer support can be better

 

Betting Bonuses in Brazil

  • Bonus
    100% welcome bonus of up to 1000 BRL
    For new players arriving at MegaPari, an amazing welcome bonus awaits you all. It’s a wonderful opportunity for new players…

New Betting Sites in Brazil December

Offshore bookmakers are fond of operating in regions where the regulations are not so strict, and Brazil is an excellent example. Many new bookies keep flocking into the nation, and the following are some of the best new betting sites in Brazil.

Rabona

Rabona started in 2019, has grown to a global standard. It has over 30 sports, vast betting markets and great odds. Brazilians can enjoy rewarding offers on Rabona.

20Bet

This is another new bookie that has developed into a global brand. 20Bet offers live and pre-match bets in 30+ sports, and you can also access excellent betting markets and odds.

MegaPari

MegaPari commenced operation in 2019 and has 40+ sports with extensive betting options. Betting on MegaPari is easy with its user-friendly platform and other special betting features like cashout, live-streaming, etc.

N1Bet

Wagering on N1Bet offers you 40+ sports to explore with great odds and betting options. The platform also rewards you with 1100 BRL when you join, and it has other exciting perks for Brazilian punters.

22Bet

22Bet started in 2017 and can boast of 40+ sports now. Having a user-friendly mobile app and desktop platform, betting on 22bet is seamless. Punters can also enjoy great odds, vast betting options and other perks.

Best sports betting apps in Brazil

Wagering via betting apps is exciting, and it is now a global trend among bookmakers. Betting firms in the country now have betting apps for iOS and Androids to make betting more convenient. This section reviews some of the sites with exciting applications.

Rabona App

The Rabona mobile application is available for iOS and Android users. It offers 30+ sports and competitive odds. Bettors can enjoy special betting features like in-play, live streaming, cashout and generous promotions using this mobile betting application.

Pluses
  • Wide sports coverage and impressive markets
  • User-friendly interface
  • Available in both Android and iOS
  • App safe and easy to install
Minuses
  • Live streaming is limited to selected matches
  • Apps available only on the platform

 

MegaPari App

MegaPari application is another top product from the brand. While it is available for iOS and Android devices, bettors can easily access the 40+ sports on MegaPari and wide betting options. The application is easy to install and has a user-friendly interface. It also has live-streaming, in-play, excellent customer service and rewarding offers.

Pluses
  • 40+ sports betting
  • Simple installation process
  • Live streaming available
  • Vast betting options with great odds
  • Excellent customer support
Minuses
  • No app-specific promotions
  • Only available for download on the official app

 

1xBet App

1xBet has one of the high-functioning mobile applications, and the app has 40+ sports. Brazilians can enjoy a top-tier betting experience via the user-friendly platform and exciting features like live streaming, cashout, in-play, etc. Further, the installation is straightforward as the app is available on the 1xBet official website.

Pluses
  • Wide sports coverage and impressive markets
  • User-friendly interface
  • Available in both Android and iOS
  • App safe and easy to install
Minuses
  • Live streaming is limited to selected matches
  • Apps available only on the platform

How to Deposit at Brazil Betting Sites

Deposits and Withdrawals are essential when betting online. Brazilians can fund and withdraw using diverse banking methods on betting sites in the nation. Luckily, most bookies accept the Brazilian Real (BRL) and below are some common payment methods available.

Bank Cards: Brazilians can fund their betting account using Visa, American Express or MasterCard. These options are reliable and widely accepted, but bettors must ensure their local bank supports funding with the card.

E-Wallets: Brazilians can fund their electronic wallets and fund their betting using their e-wallet balance. Meanwhile, Skrill, Neteller, AstroPay, etc., are excellent examples.

E-Voucher: Bettors can use an e-voucher PIN to fund their betting account. It is safe and becoming popular in online betting since it requires no bank cards.

Instant Banking: Online instant banking methods like Boleto and Pix help Brazilians transfer funds into their betting accounts. These payment methods are quite easy and faster than traditional bank transfers.

Cryptocurrencies: Cryptocurrency bookmakers are common in Brazil; bettors can now fund using USDT, Bitcoin, Ethereum, etc. These methods are safe, quick and reliable because of the uniqueness of the Blockchain technology.

Payment Options

Deposit Time

Withdrawal Time

Deposit Limits

(BRL)

Withdrawal Limits

(BRL)

American Express

Instant

N/A

30 -30,000

N/A

Pay4Fun

Instant

Up to 24 hours

30 -30,000

90 – 32,000

MiFinity

Instant

1-3 Days

30 -30,000

90 – 32,000

Pix

Instant

1-3 Days

30 -30,000

90 – 32,000

USDT

10-30 minutes

Up to 15-30 minutes

30 -30,000

90 – 32,000

The Future of Online Betting in Brazil

Our experts predicted online betting in Brazil to have a bright future. With the imminent legal framework expected to be functional in 2024, online gambling will be safer for Brazilians. We also believe participation in online gambling will increase as technology keeps advancing.

Further, players will attracted due to mobile betting convenience, and this will lead to significant growth in the industry. Also, taxes are expected to be introduced, and more protection for citizens against gambling problems will be arranged.

Responsible Play in Sports Betting in Brazil

While sports betting entertains bettors, controlling it is vital. Uncontrolled wagering progress can lead to addiction, which will pose financial, mental and social harm to Brazilian bettors. This is why encouraging responsible gaming is essential.

While there is no solid regulation currently in the nation, bookmakers have their responsible gambling measures to help gambling victims. This includes self-assessment tools, a self-exclusion program, imposing limits on deposits and bets, providing materials to help bettors with an addiction, etc.

However, some organisations also assist in providing support for those suffering from gambling-related issues in the nation. The Instituto Brasileiro de Jogo Responsavel (IBJR) is one such organisation. They create awareness, provide resources, support research and advocate for responsible gambling in Brazil.

Similarly, Gambling Anonymous Brazil is another organisation focused on helping punters maintain a responsible gaming style and assisting those already affected to heal. Meanwhile, we believe when the regulatory framework is fully launched, more responsible gambling tools will emerge in Brazil.

Betting in Brazil: Conclusion

While gambling regulation in the country is not fully implemented, online sports betting keeps growing in Brazil. Similarly, more bookmakers keep entering the unregulated markets, but we have listed some secure bookmakers for Brazilians in this article.

We also discussed the history, regulations, payment methods and how we made our selections. Our team encourages you to gamble responsibly as you take off your sports betting adventure. Also, we wish you a profitable and enjoyable sports betting experience.

Team Members

  • CEO Martins Lasmanis
    Martins Lasmanis
    CEO
    With more than 10 years of experience in online marketing, and special focus on the gambling affiliation sector over 5 years, Martin Lasmanis is a true expert in his niche. Today, Martin's vision is to build the largest lead generator company in the world. Fortunately, we have the perfect team to make his dream come true!
  • SEO Vitalii Shkura
    Vitalii Shkura
    Head of SEO
    He has more than 7 years of experience in promoting sites in the gambling niche. His main specialization is SEO - getting leads from search engines. He likes to bet on European and World Football Championships.
  • Head of Affiliates - Arturs Korolkovs
    Arturs Korolkovs
    Head of Affiliates
    Marketing specialist with 3 years of experience in affiliate and social media marketing in the iGaming industry. His deep understanding of the industry and a proven track record of driving growth make him an important "player" on the team.
  • CM Joy Castillo
    Joy Castillo
    Head of Content
    With more than five years of experience in content and on-page SEO, Joy Castillo is passionate about sports, games, and reading. He's constantly looking for straight and creative ways to deliver users the information they need.
  • CM Ana Reyes
    Ana Reyes
    Content Manager
    Web content manager with 2 years of experience in the gambling niche. Her knowledge in the field ensures all necessary content is included on our sites and is laid out in a way that meets our readers needs.
FAQ. Frequently Asked Questions
Author
Jarin Ahmed
Like many aspiring writers, Jarin focuses on bringing life to the text for her readers. She is an avid sports lover, growing up in a family obsessed with bookies. She is an expert in the iGaming niche and has secondary obsessions with Gardening and cooking.
Article rating
5/5
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