2020: the best year to start betting on Brazil?

Every day, thousands of Brazilians use international services to place sports bets. There are several sports betting sites where the participation of Brazilian players is authorized, but for now, the industry is not yet properly regulated on national soil. A reality that can change as early as 2020, as we will show you below.


Outside Brazil, sports betting is a growing business that moves millions of dollars monthly and involves fans of all types of sports. If there was a time when betting over the Internet was considered dangerous and risky, online gambling is now so much regulated and watched that betting is safer than ever.

Sports betting in Brazil

Even without being properly regulated, the sports betting sector in Brazil involves revenues exceeding R $ 4 billion every year. Brazilian players represent one of the most attractive markets in South America, and Brazilians seem to have an innate appetite for the world of sports betting. In Brazil, about 70% of the bets made through the Internet are related to football, but other modalities such as basketball and horse racing have been growing in popularity.


Taking into account the potential of the Brazilian market, the regulation of sports betting sites on national soil may be coming soon. The big brands are interested in investing millions in Brazil, and Flávio Bolsonaro recently traveled to the United States to discuss the possibility of legalizing casinos in Brazilian territory. 토토사이트 With more than 200 million inhabitants, Brazil has all the resources to create a strong betting market, and the regulation of games of chance seems to be finally being discussed by the political powers. Few expected this to happen during Bolsonaro's conservative government, but Brazil's economic fitness and the interest of international investors can help accelerate the process of creating new legislation.