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Betting Sites with Betting Exchanges in Brazil

By Victoria Michael | ⏲️ Reading time: 10 minutes
Fact checked by Martins Lasmanis
CEO Martins Lasmanis
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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!

Are you searching for top betting sites in Brazil that offer exchange platforms?  Betting exchanges give users an exciting edge by allowing them to bet against each other, often leading to better odds and enhanced control over wagers.

In this guide, we’ll introduce the Best Bookmakers With Betting Exchanges in Brazil, spotlighting platforms that cater specifically to Brazilian punters. Whether new to betting or a seasoned expert, these sites offer diverse markets to make your betting experience even better.

List of the Best Betting Exchanges Bookmakers in Brazil 2025

Rank Bookmaker Rating Bonus Get bonus
1
4.5/5
100% welcome bonus up to 50 BRL
PlayRead review
2
4.8/5
100% Welcome Bonus up to R$500
PlayRead review
3
4.5/5
100% welcome bonus of up to 100 BRL
PlayRead review
4
4.5/5
100% up to 500 BRL + 25 BRL freebets
PlayRead review
5
5/5
200% bonus up to 2,796 BRL
PlayRead review
6
4.5/5
Free bet up to 3,000 BRL
PlayRead review
7
5/5
100% WELCOME BONUS UP TO 100 EUR
PlayRead review
8
4.8/5
100% WELCOME BONUS UP TO 100 EUR
PlayRead review
9
4.8/5
100% welcome bonus up to 750 BRL
PlayRead review
10
4.3/5
100% welcome bonus up to 534 BRL
PlayRead review

What is a Betting Exchange?

A betting exchange is a web application where customers can bet directly with each other rather than through a bookmaker as usual. The exchange empowers users to set their bets by displaying people with opposing views on the event's result.

Here’s how it functions: One person stakes a selection to win, and the other stakes a selection to lose. The exchange makes this transaction and levies a small commission on winners.

Betting ExchangeTraditional Sportsbook
Users bet against each otherUsers bet against the bookmaker
Offers both back (bet on) and lay (bet against) optionsOnly allows bets on results to happen
Users set the oddsOdds set by the bookmaker’s team
Takes a small commission from winningsMakes money from odds margin
Supports various betting strategiesFocuses on direct betting

Features of a Betting Exchange

Betting exchanges offer several special features that differ from traditional betting.

Back Betting

Back betting is a bet in favour of a specific outcome. For example, if a bettor backs Brazil to win a football match, they win if Brazil wins. If the game has a different result, the bettor loses.

Lay Betting

Lay betting is the opposite. Here, bettors wager on an outcome that will not happen. For instance, a bettor could place a lay bet against Brazil, meaning they only win if Brazil does not win. Lay betting lets people profit when a team or player does not succeed.

In-Play Betting

In-play betting allows for bets during an event in real time. Bettors can place wagers while watching football, basketball, or tennis. It adds an extra thrill to the game as fans bet on unfolding events.

5 Best Bookmakers with Betting Exchanges in Brazil

We’ve explored many of the leading bookmakers with betting exchanges and compiled a list of the top five options available in Brazil. These platforms excel in quality, security, and exchange features, making them perfect choices for Brazilian bettors.

 

#1 BetaBet

BetaBet Betting Exchange Platform

BetaBet offers a robust sports betting platform for Brazilian players, covering a variety of sports, virtual games, live betting, and eSports. The platform is licensed and emphasizes security while providing new users a 100% welcome bonus.

BetaBet supports multiple deposit methods, including cards and Bitcoin. Punters can enjoy swift withdrawals, which are typically processed within 24 hours. This bookie's website can be accessed from a mobile phone. Mobile users will enjoy the same experiences as other devices. Most devices make it convenient for on-the-go betting.

FeatureDetails
🌐 Official Websitehttps://betabet.net/
🤝 Welcome BonusNo welcome bonus
⚽ SportsBoxing, Football, MMA, Tennis, Basketball
💳 Payment MethodsVisa, Mastercard, Bank Transfer (Bradesco, Itaú, Banco do Brasil), Skrill, Neteller, PayPal
💰 Minimum Deposit R$20
💸 Minimum WithdrawalR$50
Pluses
  • Comprehensive sports range.
  • Live betting options.
  • Accepts cryptocurrency.
  • Fast withdrawals.
  • Mobile-friendly site.
Minuses
  • Limited bonus currency options.
  • No mobile app.

 

 

#2 Legiano

Legiano Betting Exchange Platform

Legiano is a 2024-founded Brazilian operator providing various sports betting services encompassing 30+ sports and several live betting markets. It is known to provide secure transactions and is PAGCOR licensed with a wide range of deposit options, such as PIX, conventional bank transfers, and cryptocurrencies.

New users can get a 100% welcome bonus of R$500 on a deposit of R$20 minimum and 6x wagering requirements. Among further features are VIP programme loyalty, the market offering of competitive odds and 24/7 available customer service. Although no mobile app or live streaming exists, Legiano provides extensive betting functionality.

FeatureDetails
🌐 Official Websitehttps://legiano.com/
🤝 Welcome Bonus100% up to R$500
⚽ SportsBoxing, Football, Basketball, Handball, Martial Arts
💳 Payment MethodsPIX, Credit Cards, E-wallets (Neteller, Skrill)
💰 Minimum Deposit R$65
💸 Minimum WithdrawalR$65
Pluses
  • Five regular bonus offers.
  • Broad payment options.
  • 30+ sports.
  • Competitive odds.
  • 24/7 customer support.
Minuses
  • No mobile app.
  • No live streaming.

 

 

#3 Rabona

Rabona Betting Exchange Platform

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.

FeatureDetails
🌐 Official Websitehttps://rabona.com/
🤝 Welcome Bonus100% up to R$500
⚽ SportsBoxing, Football, Tennis, Basketball, Gaelic Football, Baseball
💳 Payment MethodsCredit/Debit Cards, E-wallets (PayPal, Skrill, Neteller), Bank Transfers (Banco do Brasil, Bradesco, Itaú)
💰 Minimum Deposit R$70
💸 Minimum WithdrawalR$70
Pluses
  • 30+ sports with a wide market range.
  • Mobile apps available.
  • Multiple currencies, including BRL.
  • Multiple Rewarding bonuses.
Minuses
  • No live-streaming for sports.

 

 

#4 20Bet

20bet Betting Exchange Platform

20Bet is an established sportsbook in Brazil. It was launched in 2020 with an extensive spectrum of in-play and pre-match betting events. Punters can enjoy these across 30+ sports with favourable odds and various betting markets. It is famous for its intuitive Android and iOS mobile applications. This bookie also allows a wide range of banking options, like bank transfers and crypto, which facilitates fast deposits and withdrawals.

Licensed by Curacao, 20Bet also offers live streaming. Punters can also access statistics and predictions to maximize the betting experience. The welcome offer provides newly registered users with a 100% bonus up 500 BRL, with simple registration rules and wagering criteria.

FeatureDetails
🌐 Official Websitehttps://20bet.com/
🤝 Welcome Bonus100% up to R$500 +  R$25 in Free bet
⚽ SportsBoxing, Football, Basketball, Tennis, eSports
💳 Payment MethodsCredit Cards (Visa, MasterCard), E-Wallets (PayPal, Neteller, Skrill), Bank Transfer (Bradesco, Itaú, Caixa Econômica)
💰 Minimum Deposit R$7
💸 Minimum WithdrawalR$65
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.

 

 

#5 Megapari

MegaPari Betting Exchange Platform

The contemporary sportsbook MegaPari has been in business since 2019. It provides Brazilian bettors with a wide variety of over 40 sports, like football. This bookie also presents extensive betting possibilities and favourable odds. The platform has been conceived to be simple and intuitive, with both pre-match and in-play betting options. Key characteristics are live streaming, cashout, and mobile apps for Android and iOS.

Providing more than 50 deposit and 35 withdrawal methods (cryptocurrencies included), MegaPari's transactions are smooth and almost instantaneous. New players can claim a welcome bonus of up to 1100 BRL and multilingual customer support.

FeatureDetails
🌐 Official Websitehttps://megapari.com/
🤝 Welcome BonusUp to R$1,100
⚽ SportsBoxing, Football, Basketball, Tennis, MMA, eSports, Virtual Sports
💳 Payment MethodsVisa, Mastercard, Bitcoin, PayPal, Boleto, Pix
💰 Minimum Deposit R$5
💸 Minimum WithdrawalR$10
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.

 

Advantages of Betting Exchanges

Betting exchanges offer a system of benefits that are distinct from conventional betting.

  • 1

    More Favorable Odds

    Odds offered on a betting exchange are commonly more advantageous than odds offered by bookmakers, particularly with underdogs. A small commission is charged on winnings.

    Odds icon
  • 2

    Locked-In Profits

    Profit can be "locked in" before a game in a betting exchange. For example, if a person bets on Manchester United at 2.5 odds but later finds out that essential players are absent, they can lay the bet at higher odds, which might convert a given loss into a profit.

    Boost icon
  • 3

    Freedom to Win

    Betting exchanges are not strict about limiting or shutting down successful bettors. Unlike bookmakers, they allow more flexibility and fewer restrictions.

    Welcome icon

How to Bet on a Betting Exchange

The steps below are how to bet at a betting exchange.

  1. Pick a trusted betting exchange site and sign up.
  2. Deposit funds and claim any available bonuses.
  3. Find the event you want to bet on.
  4. Select between "Back" (placing a bet in) or "Lay" (placing a bet on the contrary) odds next to your selected outcome.
  5. Just input your bet and click "Submit" to make your bet.

Note: The exact steps may differ slightly across sites.

Bonuses

Bonuses are paramount to online betting, attracting new customers and enabling players to grow their bankrolls. Here are some popular bonuses at Brazilian betting sites:

  • Welcome Bonus: Most Brazilian betting sites offer a welcome bonus for new users. It can be free, risk-free, or cash-based.
  • Free Bets: Free bets act as vouchers for betting. If you get a free bet of R$100, you can place this amount without using your money, keeping only the winnings if your bet succeeds.
  • Risk-Free Bets: Risk-free bets refund you if your selection loses, unlike regular free bets, where a loss means losing the bet value.
  • Odds Boost/ACCA Boosts: Known by different names, odds boosts increase the payout on selected events. Some sites offer them regularly.
BookmakerBonus OfferAdvantagesFind Out More
BetaBet logoNo welcome bonusAccessible bonus for new users, great for beginners.
legiano logo 300x140 allbets100% up to R$500A high bonus limit is ideal for maximising initial deposits.
Rabona logo100% up to R$500Generous welcome bonus with easy wagering requirements.
20Bet Brand logo100% up to R$500 +  R$25 in Free betInternationally friendly bonus, flexible for various currencies.
Megapari logoUp to R$1,100Large bonus cap, ideal for high rollers and frequent bettors.

Payment Methods

When depositing on a betting site in Brazil, it is essential to select a reputable platform known for its safety and efficiency. Here are some of the top payment methods that reliable Brazilian betting sites provide:

Payment MethodTypeDeposit LimitsDeposit/WithdrawalPayment Fee
Visa payment logoDebit CardBRL100 – BRL500,000✅/✅No Fees
Mastercard payment logoCredit CardBRL100 – BRL500,000✅/✅No Fees
paypaleWalletBRL100 – BRL200,000✅/✅1.5%
betting siteseWalletBRL200 – BRL100,000✅/❌No Fees
Bank Transfer payment logoBank TransferBRL100 – BRL500,000✅/❌No Fees

Commission and Fees

Betting exchanges in Brazil typically take a commission on net winnings, usually ranging from 2% to 5%, depending on the site. This fee is only charged on profits, so no commission is applied if the bet loses. Choosing a platform with lower commission rates can boost your returns. See our comparison table for a quick look at the top betting exchanges and their commission fees.

Betting ExchangeCommissionLive streamingFixed Odds Betting
BetaBet logo5%
legiano logo 300x140 allbetsNot specified
Rabona logoNot specified
20Bet Brand logoN/A
Megapari logo5-6%

Tips for Successful Exchange Betting

If you plan to bet on a sports exchange in Brazil, follow these critical tips for a smooth start:

  • Low Stakes: Familiarize yourself with the platform before making big bets.
  • Liquidity: Place bets in markets with sufficient liquidity, so your bets can be placed.
  • Watch the Odds: Look out for what value odds are being offered by other players.
  • Practice Lay Betting: Use this strategy to cover your potential losses.
  • Know Your Sports: Stay informed about the teams, players, and events you’re betting on.
  • Leverage In-Play Options: Adjust your bets based on live game developments.
  • Manage Emotions: Keep a clear head and avoid impulsive betting.
  • Set a Plan: Have a strategy with defined goals and betting limits.
FAQ. Frequently Asked Questions
  • This section shows and discusses the most used betting exchanges in Brazil. These websites offer various marketable products, competitive betting odds, and intuitive interfaces.

  • Online betting exchanges are legal in Brazil. However, all foreign-based bookies must follow local laws.

  • Betting exchanges allow wagering between the users who place back and lay bets. They often provide better odds and more betting options.

  • To create the best user experience, select exchanges with high liquidity, competitive commission fees, multiple sports, and responsive customer support.

Author
Victoria Michael
Editor-in-Chief from St. Louis, Missouri, USA. B.A. in education, certified linguist. Future Writer Award winner.
Article rating
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