In 2015, the law was amended, according to which legally in the territory of Brazil can operate bookmakers with a license. Most companies suspended their activities. At the end of May 2016, the first license for online gambling and betting was issued. Gradually, the number of legal sites in Portugal increased.
Currently, the licensed betting sites operating in Brazil are:
- Placard.pt;
- Casino Portugal;
- Betway;
- Our bet;
- Betano;
- Luckia;
- Solverde
-188Bet.
Advantages of betting at licensed betting companies
When betting at licensed companies, the player can be sure that the bookmaker adheres to the rules and requirements for gambling established by the regulatory authorities in Portugal.
The advantages of betting at licensed bookmakers include:
- Transparency of financial transactions, a guarantee that the client will receive the earned money in full.
- Availability of the bookmaker's website. As you know, illegal offices are blocked.
- Lack of problems with the tax inspectorate. Bookmaker offices are taxed and players do not have to pay taxes on profits. Gamers who choose unlicensed companies can be fined for betting on illegal sites.
Choosing the best betting company for sports betting
To choose the best bookmaker, it will take a little time to analyze, study the weaknesses and strengths of the company. When evaluating the activities of the office, we take into account the following factors:
- The interface of the site, the convenience and ease of use of the resource;
- The variety of types of bets;
- The presence of a bonus program;
- Methods of entering and withdrawing money;
- Service to bettors;
- The reputation of the office in other countries.
Bonuses offered by bookmakers in Brazil
On first deposit No deposit bonus Cashback/Betting without risk
Exists in all bookmaker companies. The size of the incentive is 100 percent of the deposit amount. Finding a promo that gives the player a free bonus balance will be difficult. Not all companies are willing to encourage customers and introduce this item in the promo program. According to the terms of the promotion, the gamer does not need to make a deposit in order to get the bonus points. The bookmaker's office gives players the opportunity to return part or all of the cost of the bet, in case of losing it.
Methods of payment available at bookmakers' offices in Brazil
When choosing a site for betting, one of the important indicators is the availability of different payment methods. Deposit of funds in the legal bookmaker's offices is instant. The withdrawal may take from one to three days. Commission for the withdrawal of winnings at different bookmakers varies, it all depends on the method chosen by the client.
The most common ways to withdraw funds include:
- Bank cards;
- Payment systems;
- ATMs;
- Bank transfer;
- Paysafecard;
- MBWay;
- Neteller;
- Skrill.
Online sports betting - a hobby or a profession?
For some players, sports betting is entertainment, but for others gambling has become a profession, a permanent source of income. We recommend to consider online betting as a hobby but not as a way of earning.
On our site you will learn how to bet correctly in order to win, what tactics to follow. Our goal is to keep your losses to a minimum.
To bet effectively, you need to know:
- How to choose your bets correctly;
- How the odds work;
- How much to bet at a time.
The emergence of new betting shops in Brazil
The demand for online betting in Portugal is constantly increasing, which leads to the emergence of new betting shops offering customers more favorable playing conditions.
Let's take a closer look at what bookmakers have started to operate in the last few years. In 2019, companies such as Luckia and Betano announced themselves. In 2020, Betway, Moosh opened their site for new players.
Such well-known and beloved by gamers companies as Bet365 and Betfair continue to fight for the Portuguese gambling market, but so far their chances of legal activity are slim.