Sports betting has gained significant space among Brazilians, with emphasis on football. It is clear that the most popular sport in the country attracts the majority of bettors.
According to data from the Aposta Hub website, 84.2% of bets made in Brazil are related to football. This predilection is directly linked to the national passion for sport, which attracts millions of fans and bettors daily.
Recent cases of match-fixing have brought distrust, affecting the relationship between football and betting. Despite this, responsible gambling can still be practiced successfully.
Adopting good practices when accessing betting platforms is essential to preserve the fun and minimize the risks associated with fraudulent activities.
Sports betting generates billions in Brazil
Brazilians spent up to R$21 billion per month on sports betting in 2024. As a result, the total volume should exceed R$200 billion in the year.
But, despite football being the preferred sport, sports such as basketball, eSports and MMA also have many bettors. However, casino games remain the most popular among Brazilians.
With the regulation of sports betting, the Ministry of Treasury estimates that it will raise up to R$3.4 billion in 2024. This financial increase highlights the need for safer and more responsible practices.
How does sports betting work?
Sports betting consists of predicting specific results or events in matches of different sports. In football, popular markets include:
- Number of goals;
- Number of corners;
- Cards received;
- Individual player performance
Another common feature is the handicap, which adjusts a team’s chances based on advantages or disadvantages. For example, a bet with a +1.25 handicap allows a partial return even if the chosen team loses by one goal.
Odds are the main element for calculating winnings. The higher the odds, the greater the potential return, but also the lower the chances of success.
Legalized websites guarantee more security
Currently, there are around 200 sports betting sites operating legally in Brazil. The complete list from the Ministry of Treasury, which is updated periodically, can be accessed here.
These platforms are committed to protecting players, adopting practices such as:
- Fraud prevention;
- Transparency in transactions;
- Encouraging responsible gaming.
What is responsible gaming?
The concept of responsible gaming encourages betting to be seen as entertainment, not as a way to get rich quick. In other words, it seeks to prevent compulsion and prevent people from compromising their essential finances.
It is essential to bet conscientiously, knowing the risks involved and establishing limits so as not to suffer serious losses. Cases of out-of-control can lead to significant financial and personal problems.
Therefore, with this new regulation, it is expected that platforms will encourage the conscious use of their tools. Therefore, the goal is to offer a more transparent environment, ensuring that entertainment remains the priority for players.