Brazil is one of those countries where football is more than just a sport. It’s a part of Brazilian national identity. Everything has to do with football in Brazil. Brazil’s low cost airline is called GOL (=goal), the Volkswagen Polo is called Volkswagen Gol, just to mention a few everyday examples… Given the fact that the most popular sport to bet on worldwide is football, it seems absurd to me that sports betting is illegal in Brazil.
Do Brazilians not bet both online and offline? Bull**it. Of course they do. Just because the legislators have been shortsighted, that doesn’t mean that betting, a fundamental human need can be suppressed. Brazilians simply spend their money on Non-Brazilian betting sites, which leaves the Brazilian state with no tax income on sports betting. It’s that simple. The market decides.
The situation reminds me of another football-loving nation, Spain – a country that finally “regulated” (=legalized) online sports betting in 2011, after Spaniards have been spending their money on foreign betting sites for nearly two decades. A similar shift is to be expected in Brazil, I guess.
Have you ever visited Brazil?
What’s your experience with sports betting there?