Home > Best Brazil Betting Sites for 2021

Best Brazil Betting Sites for 2021

Brazil Betting Sites
Brazil betting sites became legal when Provisional Measure 846/2018 was approved by the legislature in 2018. There are numerous different international sites that are more than glad to welcome people that enjoy betting online in Brazil. The people in the country speak Portuguese, and these sites support this language.

We understand the fact that it can be time-consuming and tedious to compare all of the various Brazil betting sites, so we have done your homework for you. Below, you will find our list of the best sports betting websites in Brazil.


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Top Sports for Betting in Brazil

There is a rich sporting tradition in the country, and people enjoy playing at all different levels. Many former athletes keep the competitive juices flowing by betting on sports in Brazil. These are the sporting events that generate the most action at the Brazil betting sites.

Association Football

Without question, the most popular sport for betting in Brazil is association football, which is called soccer in the United States. The Brazilian national football team is traditionally one of the very best in the entire world.

The Fédération Internationale de Football Association (FIFA) World Cup championship is the most coveted title in the sport, and a new title holder is crowned every four years. At the time of this writing, Brazil has captured the trophy five times, which is the World Cup record. Their national team has qualified for the tournament every time it has been held.

A great deal of money is wagered on association football at Brazil betting websites. The interest is at a fevered pitch during the World Cup season, but players are deeply invested at all times.

Mixed Martial Arts

Mixed Martial Arts has been extremely popular in Brazil for over 100 years.  As a result, people in the country are very passionate about MMA betting. After association football, this is the next most popular sport for betting online in Brazil.

Basketball

The sport of basketball was invented in 1891 by James Naismith in Springfield, Massachusetts. Though it is an American sport at its core, interest in basketball has spread around the world.

It’s very big in Brazil, and there have been many Brazilian NBA players over the years. These include Leandro Barbosa, Nene, and Tiago Splitter, just to name a few. Brazil betting sites offer basketball betting in Brazil, and these wagers represent a significant percentage of their overall handle.

Horse Racing

Horse racing is a very popular sport for betting in Brazil, and four major race tracks dominate the landscape. Hipódromo da Gávea, a large facility with a capacity of over 80,000, is located in Rio de Janeiro. The other three venues that draw the most people are in São Paulo, Porto Alegre, and Curitiba, respectively.

Auto Racing

Auto racing is another one of the top sports for fans that enjoy betting online in Brazil. The Brazilian Grand Prix Formula One race is the highlight of each racing season. It was first held in 1972, and it takes place every year at the Autódromo José Carlos Pace in São Paulo.

Other Sports for Betting in Brazil

In addition to these five options that we have looked at here, there are other sports offered at online sportsbooks that accept Brazilian players. The exact offerings will vary depending on the site in question, but they will typically take bets on American football, baseball, and major tennis and golf tournaments.

Popular Deposit Methods in Brazil

The currency that is used in the country is the Brazilian real. It is important to choose a site that is specifically targeting domestic players so that there are no fees for currency exchanges.

Boleto Bancário

This is essentially a cash voucher that is very widely utilized in the country. The customer makes a deposit to fund the account, and a barcode and serial number will be issued. It can be used to make purchases in person or online, and this is a deposit method that Brazil betting sites accept.

Visa and Mastercard

Some of the online sportsbooks that serve Brazil offer credit card deposits through Visa and Mastercard. Many people feel as though this is a good choice if it is offered because you have a relationship with the issuing company, so you have recourse if you have any complaints.

In addition to credit cards that are permanently issued, you can also use debit cards and prepaid cards at online sportsbooks that accept this payment method.

AstroPay

Visa and Mastercard do not have a monopoly on prepaid deposit methods. AstroPay also offers prepaid virtual cards that can be used to deposit funds at some Brazil betting sites.

It’s fast and efficient, and there is a layer of security because the balance is limited. On the other hand, if your credit card is ever compromised, all of your spending power could potentially be used by a thief.

PayPal

Another popular deposit method in Brazil is PayPal. This is one of the most trusted facilitators of online payments in the world.

Bank Wires

Some internet-based sportsbooks that target Brazilian players will allow you to make deposits through a bank wire. On the positive side of the equation, there’s usually no fee if you go this route. However, it can take several days to reach the Brazil betting sites, so you have to take this into consideration.

Brazilian Withdrawal Options

Though Boleto Bancário is very commonly used as a deposit method, it is not set up for withdrawals. All of the other deposit facilitators that we touched upon above can also be used to collect your winnings.

Gambling Laws in Brazil

Online gambling laws in Brazil have traditionally been very vague, and there was no regulatory body or licensing process. In spite of this, international operators have always accepted Brazilian players, and no specific law stops people from betting on sports through these sites.

At the end of 2018, the legislature voted to legalize online gambling and create regulations to govern the activity. As a result, the sports betting landscape has been evolving, and the recognition is attracting more players because they feel as though sports betting online is safe and sanctioned.

Getting Started

If you are new to sports betting online in Brazil, you should enter into the fray with a well thought out strategy in place. We have provided you with a starting point by doing the necessary research with our list of reliable online sportsbooks that are available to Brazilian players.

You should certainly decide how you’re going to deposit money and accept payouts when you are looking for the site that is right for you. The different offerings in this regard may have some impact on your choice of a preferred online sportsbook.

When you decide that you want to bet on sports, you can take a couple of different approaches. Some look at it as pure entertainment, and they don’t think things through thoroughly. They don’t consider money management, and they often fail to conduct the appropriate research.

These individuals typically won’t have to worry about withdrawal methods because they will always lose in the long run. To win consistently as a sports bettor, you have to tightly control your bankroll and understand every aspect of each contest.

When it comes to your bankroll, there is a tried-and-true formula that works well for serious bettors. You should set aside a dedicated amount of money to devote to your online gambling efforts. Experts recommend betting increments that are between 1% and 3% of your total bankroll, and you should focus exclusively on straight bets. This allows you to budget responsibly, and you always know where you stand with regard to your wins and losses.

Thoroughly handicapping games that you want to place bets on is a must. If you do roll up your sleeves and dig into the facts, you may find that doing the research is almost as fun as watching the game.

When you make an intelligent bet using a certain premise, it’s extremely satisfying when you emerge victorious. The money is great, but the sense of accomplishment that you feel may be even more valuable. Searching for statistics that will give you some insight into any matchup is easy. This being stated, if you are new to betting online in Brazil, the betting options may be confusing.

We have taken the time to explain them simply, efficiently, and effectively, and you can get a solid education if you visit our page on the different types of sports bets. Many of the bet types you’ll find on Brazil betting sites are explained on this page.

Brazil Betting FAQ

We’ve shared a great deal of diverse but relevant information here, so we will highlight the most important points by providing the answers to a few frequently asked questions.

Can I get into trouble betting online in Brazil?

No laws on the books in the country prohibit citizens from wagering on sporting events through the internet. The practice has actually been formally legalized via a piece of legislation that was passed in 2018.

Are Brazil betting sites trustworthy when it comes to paying out your winnings?

We cannot vouch for every website that’s available to people that reside in Brazil. However, we have probed into some of them, and we have listed the most reliable and safe Brazil betting sites near the top of this page.

What sports can I wager on at Brazil online betting websites?

All the sports that are particularly popular in the country are highlighted at these websites. Association football is the most important sport by far, and the sites offer multiple football betting options. They also emphasize mixed martial arts, horse racing, basketball, and auto racing.

Can you reach Brazil betting sites with your smartphone?

Yes, the site operators know that people want to bet on sports when they are on the go, so they typically offer mobile betting apps.