Top Brazil Sports Betting Sites

An Overview of Betting in Brazil

🌏 Country	Brazil 🇧🇷
👌 Language	Portuguese
💰 Currency	Brazilian Real (BRL)
⚽ Popular sports	Football, Basketball, Volleyball, MMA, Esports, Formula 1
⚖️ Is betting legal?	Yes, online betting is legal and regulated. Physical sports betting is in the process of being regulated.
🏛️ Regulator	Ministério da Fazenda (Ministry of Finance)
🧾 Gambling taxes	Not taxed
💳 Most popular payments methods	Pix, Boleto Bancário, Pay4Fun, AstroPay, INOVAPAY, FunID, Skrill

The Regulation of Sports Betting in Brazil

Regulation on sports betting in Brazil began in December 2018. Federal Law No. 13,756 was passed. This marked a significant step in legalizing and regulating sports betting in Brazil. Horse race betting was legalized in 1984, laying the foundation for the country’s approach to gambling.

Under Brazilian law, betting is an agreement between the player and the operator. This includes a player placing a bet on a certain result with the operator providing odds for that result.  

However, sportsbooks must be licensed in jurisdictions where sports betting is legal and regulated. Following the legalization of sports betting, Brazil needed to establish comprehensive regulations for the industry.  

The Secretariat of Evaluation, Planning, Energy and Lottery (SECAP) is responsible for issuing five-year licenses to betting operators.International betting sites need to get a SECAP license to operate in Brazil since December 2022. They also have to pay a $4.4 million licensing fee and set up a local company.

Brazilian Mobile Betting Apps

Mobile betting apps have transformed the Brazilian sports betting landscape by offering convenient access to live betting, streaming, and secure payment options on smartphones. Here are some of the top-rated Brazilian betting apps:

• 22Bet
• 1xBet
• 20Bet
• Megapari

Download the app today to bet on-the-go anytime, anywhere. Some apps also offer special live betting promotions, so check for these offers. 

How We Rank the Best Brazilian Bookmakers

At OddsSurfer, when ranking different betting sites in Brazil, we apply a strict policy and methodology with both universal and local factors. This ensures players receive relevant and reliable information.

We’ve created a ranking system for Brazilian bettors, with the global reputation of each betting site in mind.

Overall Safety Index

1. Player Safety and Licensing

   Bookmakers must be licensed to operate in Brazil to ensure safety and comply with regulations. We favor betting sites that use security measures like SSL encryption and data protection.

2. Odds and Payout Rates

   Competitive odds are essential for maximizing winnings. Our evaluation of sportsbooks focuses on the attractiveness and profitability of their odds.

3. Clear Rules and Terms

   Transparent terms are crucial for fair betting. We avoid websites where the rules for bonuses, payouts, or promotions are hard to understand.

4. Customer Support

   Responsive and professional customer service is vital for resolving queries. Websites with multiple communication channels and prompt support receive higher assessments.

5. Site Stability and Reputation

   We choose sites with global recognition, strong finances, legal reliability, and satisfied users.

Special Considerations for Brazil 🇧🇷 🇧🇷

1. Localized Features

   Bookmakers should accept Brazilian currency (R$) and common local payment methods to make transactions easy and accessible.

2. Portuguese Language Support

   All key elements, like customer service and terms and conditions, must be translated into Portuguese.

3. Popular Sports

   Top sites focus on popular sports such as football, volleyball, MMA, and basketball, with extensive markets and live betting.

4. User Experience

   A well-designed, easy-to-navigate interface and responsive layouts for both desktop and mobile are essential. Websites need to offer fast registration and deposits for better access.

Top Sports for Betting in Brazil

Brazil is a sports-loving nation, with football leading in betting popularity. However, basketball, volleyball, and MMA are also gaining traction in the betting market. Below, we detail the top sports for betting in Brazil and the best sites for each. 

• 

  Football (Soccer)

  Best sites: 1xBet, 20Bet, Megapari

  Football remains the most popular sport in Brazil in terms of betting. Fans place bets on Brazilian leagues such as the Campeonato Brasileiro Série A and international tournaments like the World Cup. 

  Soccer enthusiasm fuels betting in Brazil, where 1xBet excels with 100 markets per match, live streaming, and top odds.

• 

  Basketball

  Best sites: 20Bet, Megapari, 1xBet

  Basketball too has a strong fanbase in Brazil. Bettors favor betting on both domestic leagues like the NBB and international ones like the NBA. 

  20Bet offers betting on over 600 basketball games. Megapari provides some of the best odds for basketball betting. Features like early cash out for basketball make it popular with Brazilian bettors.

• 

  Volleyball

  Beach Volleyball is popular in the country, with a large following for domestic competitions. Events such as the Superliga and the FIVB World Championship attract immense followings. 

  Fans choose Megapari for its diverse volleyball betting options.

• 

  MMA

  Best sites: 1xBet, 22Bet, Megapari

  Brazil hosts some of the top MMA competitors, like Anderson Silva. This explains the interest of Brazilian bettors for UFC events. 

  1xBet is an excellent choice for MMA betting.The have the top-rated odds while also covering 45+ other sports. 

  Megapari provides excellent coverage of major MMA bouts. Iit is quite suitable for those who are interested in combat sports.

• 

  Esports

  Best sites: Megapari, BC.GAME, 22Bet

  It is impossible to turn a blind eye to the emergence of esports in the country. Bettors show growing interest in games like FIFA and World of Warcraft. 

  Megapari and similar sites provide live esports betting with competitive odds. BC.GAME features 30 esports games, with lesser-known options such as Table Football Pro. 

  Similarly, 22Bet offers fewer sports but has competitive odds. So 22Bet is among the top-rated Brazilian betting sites.

• 

  Formula 1

  Best sites: 1xBet & 22Bet

  Formula 1 racing has a long history in Brazil, home to great talents like Ayrton Senna and Emerson Fittipaldi. Formula 1 is a popular sport for betting among Brazilians. When Brazilian stars like Felipe Massa compete, people are more inclined to bet on those events.

  Formula 1 fans often choose 22Bet because of the 22Bet Exchange. It enables players to set their own odds. 1xBet is also worth mentioning because of its extensive coverage of the markets and high odds. These features make this site a top choice for Formula 1 betting in Brazil.

  These sports and the top-rated Brazil betting sites offer a rich betting experience. If you are a lover of football or basketball or a fan of Formula 1, there are sports betting sites to please you.

Brazilian Bookmakers That Offer the Best Odds

In sports betting, odds determine your potential winnings—higher odds generally indicate less likely outcomes but offer greater payouts if successful. 

So, you must choose a bookmaker which is not only legal but also offers competitive odds in different sports events.

Below is the list of bookmakers offering some of the top-rated odds in Brazilian market:

• 1xBet 
• Megapari
• 20bet
• BC.GAME

Best Betting Bonuses in Brazil

Get to know the different sports betting bonuses to enhance your experience! However, make sure to understand requirements and the wagering conditions. 

Here’s a quick guide to popular bonuses offered by Brazilian betting sites or sportsbooks.

Welcome Bonus

A reward given to a player upon registration and first deposit in their account. It is based on a certain percentage of the deposit. For example, 22Bet provides a welcome bonus of 100% on deposits up to R$600.

No Deposit Bonus

These bonuses need no deposit from bettors. You just get paid some rewards without requiring real-world money. For example, BC.GAME offers no deposit bonuses.

Cashback

Cashback promotions refund players a percentage of their losses. These can be helpful for bettors who might have had a bad betting season. Sites like 22Bet and Megapari offer attractive cashback deals through their loyalty programs.

Betting Sites by Payment Methods

When betting online, it’s crucial to have various payment methods. In Brazil, popular ones let you deposit money or withdraw funds in Brazilian real (R$). Here, we’ve highlighted the most trusted ways to fund your betting account.

Payment Methods
	❌	❌	❌	❌	❌	❌	✅
	✅	✅	✅	✅	❌	❌	✅
	✅	❌	❌	✅	✅	❌	❌
	❌	❌	❌	✅	❌	❌	✅
	✅	✅	✅	✅	❌	❌	✅
	❌	❌	❌	❌	❌	❌	✅
	❌	❌	❌	❌	❌	❌	✅
	❌	❌	❌	✅	❌	❌	✅
	✅	✅	✅	✅	❌	❌	✅
	✅	❌	❌	❌	❌	❌	✅

• 

  Pix

  Pix was launched in July 2020 by the Central Bank of Brazil. It became popular in no time as it provided instant transfer. Its speed and 24/7 availability make it ideal for betting. 

  However, users are required to link their bank accounts, which may concern some due to privacy issues. 

  We predict that Pix will become more integrated with betting sites in the future. As the company grows, betting becomes more accessible.

• 

  Boleto Bancário

  Introduced in 1993, Boleto Bancário remains a popular payment method in Brazil. Users often choose Boleto Bancário because they do not have bank accounts. It is similar to a voucher or bill that can be paid directly to the bank teller at any bank or via an online banking system. It is safe and convenient for making transactions online and, therefore, are often preferred.

  However, the long processing duration (1-3 days) could be disappointing for many. The use of Boleto may decrease in the future due to digitalization trends. Although it can still be efficient enough for people who value security over speed.

• 

  Pay4Fun

  Pay4Fun, an e-wallet company founded in 2018, focuses on the Brazilian market. Its user-friendly interface and compatibility with betting sites make it appealing to all users. The benefit of using Pay4Fun is the simple interface. But it is not available in other countries. 

  More foreign companies adopt this payment system. So, its availability will grow larger.

• 

  AstroPay

  Since 2009, AstroPay has offered prepaid cards and e-wallet services. Many users choose AstroPay for its security and anonymity. This makes it ideal for bettors who do not want to disclose their banking information to third parties. 

  A drawback is that AstroPay’s prepaid cards must be managed in person. AstroPay continues to progress. It offers its services in other Latin American countries and could improve its ease of use for Brazilians.

• 

  INOVAPAY

  INOVAPAY, launched in 2018, specializes in digital payments for the Latin American market. It is valued for its convenient payment processing. 

  However, it may be less available than other methods on some betting sites. Given the trend toward digital payments, INOVAPAY will probably gain traction in Brazil’s betting market.

• 

  FunID

  Founded in 2020, it is a digital wallet that delivers a swift, reliable, and intuitive approach for online payments and gaming. FunID enables simple transactions on leading betting sites, affordable international transfers, and instant balance checks and withdrawals. 

  It is becoming one of the top banking methods for betting sites in Brazil.

• 

  Skrill

  Skrill was established in 2001 and is now one of the leading e-wallet companies. Ideal for bettors who prioritize fast transactions. However, Skrill may impose higher transaction fees on bookmakers compared to other services 

  Skrill continues to be a secure and reliable option for Brazilian bettors, even as it grows worldwide and improves its services.

How to Open an Account on a Betting Site Step-by-Step?

Signing up for a sports betting site is easy, even for beginners. 

We have mentioned the entire process below, just follow the steps and you are good to go.

1. Select a Betting Site

   Select a trustworthy and legal bookmaker from the list of top-rated betting sites in Brazil that we provided. Then, follow the link to get started.

2. Register Your Account

   Click ‘Register’ or ‘Sign Up,’ then enter your details. Verify your account via phone or email.

3. Make Your First Deposit

   Bookmakers may provide welcome bonuses for deposits made via eligible methods.

4. Start Betting

   Select the sport or event that you are interested in, look at the odds and bet.

Withdrawal Times for Various Payment Methods

Withdrawal time is another significant aspect that should be considered while choosing an online sportsbook. The time, however, depends on the method of choice. 

It is crucial to choose one depending on your personal needs and requirements. Below is a breakdown of typical withdrawal times for popular payment methods in Brazil, based on standard processing. These are commonly used in Brazilian sports betting community.

Local Payment Methods

• Pix: Instant withdrawals
• Pay4Fun: Payouts within 24 hours
• INOVAPAY: Withdrawals within 1-3 business days
• Boleto Bancário: Deposit-only method, cannot be used for withdrawals
• FunID: Withdrawals within 1-3 business days

International E-Wallets

• Skrill: Withdrawals are processed within 24 hours by the bookmaker, though funds may take additional time to appear in your account depending on your financial provider.
• NETELLER: Withdrawals take up to 24 hours
• PayPal: Withdrawals take up to 24 hours

Virtual Cards

• AstroPay: Not available for cashouts, only for deposits

Cryptocurrencies

• Bitcoin, Ethereum: Instant withdrawals

Tips for Safer Betting 

Betting can be enjoyable, but it’s important to do so responsibly. Follow these tips to stay safe and make the most of your experience at Brazil sports betting sites.

Responsible Gambling and Licensing in Brazil

Responsible gambling is key to safe and rewarding participation in sports betting. Understand the need to set limits and be aware about it. Here are some aspects to consider while placing bets.

Conclusion

As Brazil’s sports betting market grows, more bookmakers are meeting the rising demand. Thanks to the availability of numerous bookmakers, bettors have access to fast payout, cryptos, and reasonable odds. At OddsSurfer, we invite you to continue browsing this site to find the top-rated betting options. Make your choice and explore exciting betting opportunities!

Frequently Asked Questions