Top 10 Brazil Sports Betting Sites

There are many reputable betting sites in Brazil, and the competition is growing. The increase in choice leads to better services and the introduction of promos on such platforms. At BetSurfer, we reviewed the options and brought you the best. Below are the ten best online betting sites in Brazil that feature excellent user interfaces, competitive odds, and attractive bonuses for customers.

Here’s our handpicked list of the top 10 betting sites, analyzed for factors like security, payment methods, and ease of use. All of them meet the needs of Brazil’s sports betting players.

• Bet365 – Best site for football betting in Brazil
• Betano – Top user interface for betting
• 22Bet – Best overall sports betting site
• 1xBet – Best site for markets variety
• Betfair – Champion for live betting and streaming
• Megapari – Usable site for payment options
• Betway – Top betting odds
• 888Starz – Best for betting promotions
• LeoVegas – Sleek betting app
• BC.Game – Best site for sign-up offers

Betting Overview in Brazil

New Brazil Betting Sites

The betting market has expanded rapidly in the country in the last few years. As more people participate in sports betting, more betting sites in Brazil are being developed to answer the demand. These new sportsbooks are vital for players because they present more modern layouts and enhanced features. 

New-age bookmakers come with improved coverage of the sporting events and variety of payment methods. The former make them distinct from the aged bookmakers. Some of the best new Brazilian betting sites which you can try today are:

Register on one of these new online sportsbooks to experience the latest in Brazilian sports betting!

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 towards regulating an activity that was liberalized. Betting on horse racing was legalized way back in 1984. It became a foundation to the country’s approach to gambling.

According to the Brazilian Civil Code, betting is a contract between the player and the operator. This includes a player staking bet on a certain result with the operator providing odds for that result.  

However, the sportsbooks must belong to a country where sports betting is legal and regulated within rules. After legalizing live sports betting, the country had to put more effort to come up with better regulation for businesses.  

For this purpose, the Secretariat of Evaluation, Planning, Energy and Lottery (SECAP) has been given the responsibility to provide five-year licenses. Since December 2022, international betting sites in Brazil have been mandated to obtain a license from SECAP. The licensing fee is $4.4 million and the international operators. Meanwhile, they are also mandated to establish a company in Brazil.

Brazilian Mobile Betting Apps

The advent of the smartphones has brought a new face of sports betting in Brazil. Mobile betting applications are attractive tools for betting. 

They provide live betting, streaming, and secure payments. This has resulted in increased demand for Brazilian betting apps, making them a go-to choice for everyone. Here are some of the top-rated Brazilian betting apps:

• LeoVegas – Favorite choice for mobile-optimization
• 22Bet – Best for multiple betting options
• Bet365 – Top site for in-play betting
• Betway – Best for diverse sports markets.

Download the app today and start betting on-the-go anytime and anywhere with these platforms. Also, some of these Brazilian betting apps even offer special promotions for the same (live betting), so, make sure to check for any such offers. 

How We Rank the Best Brazilian Bookmakers

At BetSurfer, 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 have devised a ranking system tailored to Brazilian players, while also evaluating the global reputation of each betting site.

Overall Safety Index

1. Player Safety and Licensing:

   Bookmakers must have valid Brazilian licensing to ensure safety and comply with regulations. We prioritize platforms that follow security measures like SSL encryption and robust data protection.

2. Odds and Payout Rates:

   Competitive odds are essential for maximizing winnings. We evaluate sportsbooks based on the attractiveness and profitability of their odds.

3. Clear Rules and Terms:

   Transparent terms are crucial for fair betting. We avoid platforms with complex or unclear conditions related to bonuses, payouts, or promotions.

4. Customer Support:

   Responsive and professional customer service is vital for resolving queries. We assess platforms offering multiple communication channels and timely support.

5. Site Stability and Reputation:

   We favor globally recognized platforms with strong revenue, legal credibility, and positive user feedback.

Local Considerations for Brazilian Players 🇧🇷

1. Localized Features:

   Bookmakers should support Brazilian currency (BRL) and popular domestic payment methods, ensuring transactions are smooth and accessible.

2. Portuguese Language Support:

   All critical elements, from customer service to terms and conditions, must be fully translated into Portuguese.

3. Popular Sports:

   Platforms should prioritize sports like football, volleyball, MMA, and basketball, offering extensive markets and live betting options.

4. User Experience:

   A well-designed, easy-to-navigate interface and responsive layouts for both desktop and mobile are essential. Additionally, platforms should facilitate quick registration and deposits to enhance accessibility.

Most Popular Sports That Brazilians Bet On

Brazil is truly a nation that has embraced the ideas of sports and athletics. Among all, football takes the largest piece of the cake regarding enthusiast lovers and betters. 

However, other types of sports including basketball, volleyball, MMA, showed high growth in the betting market. Below, we’ll explore the top sports Brazilians bet on and the best Brazil betting sites for each. 

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  Football (Soccer)

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

  The passion for soccer is translated into betting. Bet365 is the top choice for football betting in Brazil, offering over 100 markets per match, live streaming for major tournaments, and consistently high odds across local and international events. Brands such as 888Starz offer 96.79% odd margin on live football games. Megapari also has 97.84% payout for full-time results and is a go-to choice for bettors eyeing higher returns.

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  Basketball

  Basketball too has a strong fanbase in Brazil. People are attracted towards betting in domestic leagues such as NBB (Novo Basquete Brasil) and foreign ones like NBA. 

  Betano hosts over 600 top basketball games. Similarly, Bet365 has some of the best betting odds on basketball. With features like early cash out, it’s among appealing Brazilian betting sites for the sport.

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  Volleyball

  Beach Volleyball also enjoys great fanfare in the country and has a large following for domestic competitions. Tournaments like Superliga and global events like FIVB World Championship are followed immensely. 

  Bet365 focuses on such niche sports and provides best odds. Megapari also has numerous volleyball betting options, making it a go-to choice for fans.

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  MMA

  Brazil is home to some of the best MMA competitors such as Anderson Silva. That is why UFC events are always embraced by Brazilians bettors. 

  888Starz is an excellent choice for MMA betting.The have the best odds while also covering 45+ other sports. 

  Megapari also offers rather good coverage of the key MMA bouts. Iit is quite suitable for those who are interested in combat sports.

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  eSports

  It is impossible to turn a blind eye to the emergence of eSports in the country. Games such as FIFA and World of Warcraft are gaining popularity among bettors quickly. 

  With rising demand, websites such as Megapari offer live eSports events with high odds. On the same hand, 888Starz has 30 eSports games with lesser-known titles like Table Football Pro. 

  Similarly, 22Bet does not boast as extensive a number of sports but provides competitive odds. So 22Bet is among the best Brazilian betting sites.

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  Formula 1

  Formula 1 racing has a long history in this country whose name can be associated with great talents like Ayrton Senna and Emerson Fittipaldi. Now, Formula 1 is a popular game loved by Brazilians to bet on. When Brazilian talents like Felipe Massa are contesting, people want to bet more on specific events

  Formula 1 fans often choose Betfair because of the Betfair 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 website stand out for Formula 1 betting in Brazil.

  These sports and the best 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.

Which Brazilian Bookmaker Has the Best Odds?

In sports betting, odds are the most important thing. They determine the potential amount any wager can return. The higher they are, the more you win from your bet. 

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 best odds in Brazilian market:

• Betway
• Bet365
• 1xBet 
• Betfair 

Best Betting Bonuses in Brazil

You should be aware of various sports betting bonuses to improve 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. While Bet365 offers up to R$500 in bet credits.

No Deposit Bonus

These are the ones which don’t require the punters to make any kind of deposit. You just get paid some rewards without requiring real-world money. For example, BC Game and 888Starz offer lucrative no deposit bonuses.

Free Bets

These allow players to place bets without risking their own money. It can be used in various sports. For example, Betway offers up to R$150 in Free Bets + Free Spins, while Betfair provides R$50 in Free Bets on the first deposit.

Cashback

These are extra promos for players to get paid back some percentage of the total losses incurred. These can be helpful for bettors who might have had a bad betting season. For example, 22Bet and Megapari are known for their cashback deals in loyalty programs.

Betting Sites by Payment Methods

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

Bettings Site
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  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, you will be required to link their bank accounts, something which could disappoint many due to privacy issues. 

  Looking into the future, we assume that Pix will become even closer to betting websites. The continuous growth of the company enhances accessibility for gambling.

• 

  Boleto Bancário

  First implemented in 1993, Boleto Bancário is still widely used in Brazil. Such users often do not own 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. They are 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. Boleto may decrease in the future due to digitalization trends. Although it can still be efficient enough for people who value security over speed.

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  Pay4Fun

  Pay4Fun is an e-wallet company established in 2018, and targets the Brazilian market. Ease of using it with betting sites and interface makes it attractive to everyone. The benefit of using Pay4Fun is the simple interface. But it is not available in other countries. 

  This payment system is integrated into more foreign-based companies. So, its availability will grow larger.

• 

  AstroPay

  Launched in 2009, AstroPay deals in prepaid cards and e-wallet. Astropay is preferred by many due to 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 system involves card balances that have to be handled in person. AstroPay continues to progress. Iit offers its services in other Latin American countries and could improve its ease of use for Brazilians.

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  Inovapay

  Inovapay was established in 2018 and specializes in digital payments, with a focus on the Latin American region. It is valued due to its convenience in making payments and depositing or withdrawing with ease. 

  However, it may be less available than other methods on some betting sites. With the rise of digital payment systems, Inovapay is likely to become used in the Brazilian betting market.

• 

  FunID

  Founded in 2020, it is a digital wallet that delivers a swift, reliable, and intuitive approach for online payments and gaming. Thus, FunID allows easy spending on the top betting sites, low-cost international transfers, instant check and withdrawal of the balance at any time. 

  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. It is perfect for all the bettors who value quick transactions. However, Skrill sometimes charges higher transaction fees than its competitors for bookmakers. 

  As Skrill expands to more global regions and optimizes its service, it remains a secure and viable choice for all types of punters in Brazil.

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

Registering or making an account on a sports betting site is an easy process. Even the newbies can do it with ease. 

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

1. Select a Betting Site:

   Choose a trustworthy and legal bookmaker based on the list of the best betting sites in Brazil that we provided and follow the link.

2. Register Your Account:

   Go to the option “Register” or “Sign Up” and enter the required information. If you want to get a positive experience, check the information through the phone number or email.

3. Make Your First Deposit:

   Some bookmakers offer welcome bonuses if a punter makes a deposit through an eligible method.

4. Start Betting:

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

Withdrawal Duration with Different Payment Modes

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 normal withdrawal time for various banking methods. These are commonly used in Brazil’s sports betting community.

Local Payment Methods

• Pix: Instant withdrawals
• Pay4Fun: Pyouts within 24 hours
• Inovapay: Withdrawals within 1-3 business days
• Boleto Bancário: Not available for cashout, only for deposits
• FunID: Withdrawals within 1-3 business days

International E-Wallets

• Skrill: Payouts take up to 24 hours
• 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 & 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

The Brazilian sports betting market remains vital, and as it emerges. It has various bookmakers to answer this need. Thanks to the availability of numerous bookmakers, bettors have access to fast payout, cryptos, and reasonable odds. At BetSurfer, we invite you to continue browsing this site to find the best betting options. Make your choice and dive into the wonderful world of betting!

Virginia Kibathi

Countries Betting Experts

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About the author

Virginia Kibathi is an experienced writer and researcher in the betting industry. She has a solid background in gaming trends and market insights. Virginia succeeds at thorough reviews and expert studies on sports betting landscapes worldwide. Her sharp eye for details of local markets and real-fact reports guarantee that readers receive accurate and reliable information that fits their needs.

Frequently Asked Questions