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New Betting Sites in Portugal (February 2024)

Gambling in Portugal was state-owned until the legalization of online gambling in 2015. It led to the emergence of many online gambling operators in the nation. While Portuguese now have many betting options, including offshore bookmakers, playing on unverified bookies is risky. However, this article will discuss new betting sites in Portugal and how to choose the best.

List of The Best New Betting Sites in Portugal

Rank Bookmaker Rating Bonus Get bonus
1
4.8/5
225% welcome bonus on the first three deposits
PlayRead review
2
4.5/5
Welcome Bonus 150%, up to EUR 100
PlayRead review
3
4.5/5
150% welcome bonus up to 122 EUR
PlayRead review
4
4.5/5
100% match bonus of up to €100
PlayRead review
5
4.5/5
Rareback Bonus Up To 25%
PlayRead review
6
4.5/5
Welcome Bonus up to 100 EUR
PlayRead review
7
4.5/5
Welcome bonus up to 100 EUR
PlayRead review
8
4.3/5
100% welcome bonus up to €1,000
PlayRead review
9
4.5/5
100% welcome bonus up to €100
PlayRead review
10
4.5/5
100% 1st deposit bonus up to $500
PlayRead review

How New Betting Sites are Regulate in Portugal

The Serviço de Regulação e Inspeção de Jogos (SRIJ) regulated the Portuguese gambling industry. It was formed in 2015 as a part of the regulatory framework and tasked to oversee and license all kinds of gambling in the country. Further, it compels bookmakers to abide by the technical and legal requirements of the Portuguese regulatory framework. All new betting sites in Portugal must obtain an SRIJ license.

Pros and Cons of New Betting Sites in Portugal

Pluses
  • Diverse sports with a wide market range
  • Most support the Portuguese language and currency (Euro)
  • Generous bonuses and promotions
  • Most bookies accept cryptocurrencies
Minuses
  • Customer service is not available in Portuguese on some bookmakers

How We Rank New Betting Sites at Allbets.tv

Before computing the list of our best new bookmakers in Portugal, our experts at Allbets.tv thoroughly examined a few factors. They are:

  • 1

    Licenses

    Licensing is vital when choosing new bookmakers. We ensure our picks are licensed by credible global regulators like Curacao, MGA, etc., ensuring credibility.

  • 2

    Odds and Payout Percentages

    Quality odds ensure higher winnings and the payout percentage determines how much the bookie will pay you from your winnings. We ensure the odds offered are competitive and the payout percentages are within the industry standard.

  • 3

    Variety of Betting Markets

    To make betting more flexible and fun, we ensure that the ranked new betting apps have diverse betting options. Common ones are match winners, totals, handicaps, etc.

  • 4

    Betting Offers

    Promotional offers are another factor considered during our new bookies' ranking. We ensure the bonuses are generous and easy to claim.

  • 5

    Payment Methods

    Without payment methods, deposits and withdrawals are impossible. We checked through the new betting sites in Portugal and ensured they were safe, swift, and seamless for Portuguese punters.

  • 6

    Betting Features

    We also considered the availability of exciting features like cashout, live streaming, results, statistics, and in-play while ranking the best new betting sites in Portugal. These features will make your gambling more enjoyable.

Top 3 Best New Betting Sites in Portugal

With the adequate evaluation of various betting sites in Portugal, we have picked 3 best new bookmakers in Portugal. These betting sites include.

Vave

The first bookie on our list is Vave, founded in 2022 and licensed by Curacao eGaming. It is best for crypto lovers as the new Portugal bookmaker allows wagering with digital assets. Portuguese punters can also access 30+ sports, multiple markets, and impressive odds. The payment methods are reliable, and the support system is handy. You can get up to 1 BTC as a welcome bonus on Viva.

Vave IE

Pluses
  • Over 30 sports with impressive markets
  • Support Portuguese language
  • Supports cryptocurrencies
  • Rewarding welcome offer
  • Live chat customer support
Minuses
  • Fiat payments are unavailable
  • Mobile application is unavailable.

 

 

Dream.bet

Dreambet is another new bookmaker that offers excellent sportsbook services to the Portuguese. With over 25 sports and multiple markets, bettors enjoy premium betting on Dreambet. You can get up to €100 in its 100% match welcome bonus. Curacao eGaming regulates it, and the payment methods are seamless, safe, and swift.

dream.bet

Pluses
  • Multiple sports and markets
  • Rewarding bonus offer
  • Live chat available
  • Support cryptocurrency
Minuses
  • Limited withdrawal methods

 

 

CryptoLeo

CryptoLeo is the third on this list and offers betting services for more than 20 sports, with multiple markets and competitive odds. Founded in 2022, playing on CryotoLeo is easy with a simple website design. CryptoLeo has excellent customer support, and you can win up to 3,000 USD as your sign-up bonus.

cryptoleo bookmaker

Pluses
  • Impressive market and competitive odds
  • Supports the Portuguese language
  • Excellent customer support with Live Chat
  • Accepts multiple cryptocurrencies
Minuses
  • More sports needed
  • No live-streaming

Bonuses You Can Find on New Portuguese Betting Sites

New Portuguese betting sites offer many promotions and bonuses to Portuguese punters. They made it available for existing and new users. This section will discuss bonuses you will likely come across on new Portuguese bookies.

Welcome offers

New betting sites in Portugal offer new users sign-up bonuses and, in most cases, make a first deposit. It can come as free bets, bonus funds, etc. These offers allow you to enjoy wagering without risking your real money. However, some come with terms and wagering requirements.

Cashback

Cashback offers Portuguese punters a portion of their stake back when they lose their bets. It comes with specific terms that bettors must comply with before they can enjoy this offer. The percentage can range from 15% to 50%.

Reload Bonus

Bettors can enjoy bonuses when they make subsequent deposits in your new betting account. A certain percentage of your deposit is returned as a bonus or freebet.

VIP offers

Loyal punters are given VIP membership for wagering on a bookie for a long period. Meanwhile, VIP membership also comes with perks like free bets and coins. The size of the perks depends on your VIP level, and the level increases as you bet more.

How To Choose The Best New Betting Sites

Choosing the best betting app to play on may be challenging for you. However, the process will be easy when you compare our recommended sites using the following steps.

  • Check for License and Security
    step 1

    Safety is essential when betting online. Check for the new bookies' licensing body and check for security measures available.

  • Examine Available Sports and Markets
    step 2

    Examine the sports on the platform and check if the bookmaker has exciting markets.

  • Check Payment Methods
    step 3

    Check if seamless, safe, and quick banking methods that suit your taste are available on the sites you compare.

  • Check the Customer Support
    step 4

    Excellent customer support is vital since you may need customer support to help solve issues anytime. Check that the available channels are functioning properly.

Payment Methods at New Betting Sites

Payment methods are vital, and new bookies in Portuguese have numerous ways to make deposits and withdrawals.  The following are common payment methods you will find in the country.

Multibanco

Portuguese can make swift and seamless deposits and withdrawals using Multibanco. Multibanco network links most national banks, forming a safe banking method. Players pay through their online banking accounts.

Cryptocurrencies

With the privacy, safety, and speed involved with blockchain technology, many punters might prefer crypto gambling. Most bookmakers accept BTC, USDT, ETH, etc. However, making payments requires a private crypto wallet.

E-wallets

You can also fund or withdraw via electronic wallets like Skrill, Muchbetter, PayPal, etc. It is safer because you won't link your bank or card details with the bookmakers. Payments are mostly instant.

Bank Cards

VISA and Mastercard are common online means of payment. They are fast, easy, and safe. It only requires inputting the requested information, which is mostly card details.

Author
James Akerele
James is a copywriter and iGaming expert with a wealth of experience in online casino gaming, sports betting and crypto. He believes every reader needs access to the right information provided in an engaging way.
Article rating
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