portugal sports betting

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Portugal sports betting zuccato bovada betting

Portugal sports betting

On the other hand, the sports betting industry in Portugal remained monopolized for quite some time. Generally, gambling activities are subdivided into three categories — raffles, sports betting and casino games and lotteries. All of these, with the exception of raffles, had been monopolized for decades. It all started over 50 years ago, in , when the Santa Casa de Misericordia de Lisboa or shortly SCML was granted the right to run and regulate all wagers placed on sports events.

As the SCML is a charity foundation, all profits it had generated from betting were used to help children and elderly citizens of Lisbon. One short year ago things took a turn for the better. Certain steps have been made to liberalize and expand the sports betting market in the country.

You can read more detailed information on gambling legislation in Portugal in the next section. With the increasing popularity of online sports betting, Portuguese authorities were forced to make some necessary changes to expand this important market. Until recently, only parimutuel bets were allowed in the country. Pools were and still are the most popular alternative for many sports fans. As pool betting does not involve any odds, it is safe to say no fixed odds bets were allowed in Portugal.

Portuguese punters were permitted to pick from two types of games only — Totoloto and Loto2. At the turn of the new century, the SCML was granted a license by Portuguese authorities to operate online. International web-based bookmakers were prohibited from offering their services to residents of the country.

The IP addresses of foreign betting providers were blocked to prevent Portuguese punters from accessing such websites. However, the European Union imposed a considerable pressure on Portugal and insisted on the country liberalizing its gambling legislation. One of the main incentives was to make it possible for Portugal to pay out its national debt by generating more substantial revenues from the gambling sector. In , Portugal had no other option but to commence regulating the online betting market.

It is believed such changes would help the country pay back its bailout. However, such licenses are not transferable and the sportsbooks are still expected to receive a license from Portuguese regulatory bodies, if they wish to operate legally in the country. Punters are now allowed to place bets based on fixed odds. Licenses are given only to those bookmakers, which have demonstrated fairness and reliability. Of course, licensees are expected to pay taxes on the gross profits they have generated in the country.

More information on taxation and restrictions is to follow in the next section. As is usually the case, betting providers that have obtained licenses to operate in a given country are expected to pay taxes on their profits. This caused some of the leading names in the betting and gaming industry to depart from the Portuguese market. Many others are expected to follow. Fortunately, punters are not required to pay taxes on their winnings. Betting providers are expected to submit their applications in Portuguese.

Another requirement is to provide information regarding their technical capacity, which basically means each applicant should possess the necessary gaming hardware and software and employ trained, certified and experienced personnel, able to adequately operate the said hardware and software. Each licence is valid for three years and has to be renewed after it expires. There are more requirements, however. International betting providers are obliged to set up a special domain for Portuguese punters and automatically redirect them to the said domain.

Of course, only punters of legal age are permitted to bet online or to engage in other gambling activities. Interestingly, the legal gambling age limit in Portugal is set at 18 years, but this applies to tourists only. Those with Portuguese citizenship can engage in sports betting and other forms of gambling only if they are 21 years old or older. It is the Tourism Institute of Portugal and its regulatory commissions that inspect and regulate the online sports betting market in the country.

Soccer is impossible to omit as it is the team sport, which enjoys a mind-blowing popularity in Portugal. It was introduced in the second half of the 19th century, when Guilherme Pinto Basto brought the first soccer ball from Great Britain. In , the first ever soccer game in the country took place and the rest, as the saying goes, is history. Most bets are placed on soccer events. Some of the names worth mentioning include Boavista which is the oldest soccer club in Portugal , Benfica and Porto.

Meanwhile, their national team ranks high in international championships every year. The variety of betting options for football is quite staggering. Another popular sport in Portugal is futsal, which is a soccer variation played by five players in an indoor venue. Of course, one of the best ways to back your favorite futsal team is to place your bet in its favor.

Fortunately, a great number of web-based bookmakers list this game among their betting options. This is the country with most world titles for this sport as its national team has won 15 world championships and 20 European ones. That is why Portuguese punters frequently place bets on their most prominent basketball teams such as S.

Handball might seem like a less prominent sport on a global scale, but this is not so in Portugal. In later years especially, this interesting sport has been attracting an ever-growing audience, while handball games are frequently broadcasted live on television.

Most established bookmakers accept wagers on this team sport. As far as racing goes, the Portuguese are particularly fond of equestrian sports like horse racing. Greyhounds racing is not as popular, while rallying and motor racing are more widespread. Other popular sports to wager on include tennis, motor racing, golf and volleyball. In some cases customer support is offered in Portuguese. Portugal is a member state of the EU and as such, has adopted the Euro as its currency.

William Hill is a UK-based betting provider which is among the leaders in this industry. Its popularity among punters of all nationalities is well-deserved as this brand name has become synonymous with reliability, fairness and tradition in sports betting. The company was founded in but has come a long way since then. Today, William Hill offers a number of appealing promotions, a plethora of sports markets and events and great odds.

The sportsbook comprises of about 30 sports, the most popular of which are basketball, soccer, tennis, golf, baseball, hockey, horse and greyhounds racing. Volleyball, handball, motor racing and cycling are also on offer. Apart from markets diversity, William Hill is known for its large wagering limits , which is good news for high-rollers.

This bookmaker is completely legitimate and has the right to offer its services to customers from Portugal. What is more, the website is available in Portuguese, which is great news for residents of the country who are not fluent in English. Rank in Country: -. Percent of Visitors: -.

In , with the adoption of an applicable law, the doors to the world of online betting, in all its diversity, were opened to gamblers from this country. Locals finally had the opportunity to place bets on international betting sites that had obtained licenses in Portugal. However, the tax burden on foreign bookmaker companies that obtained local licenses has forced them to increase their margins, leading to a gradual outflow of customers.

Where are Portuguese gamblers going? Quite naturally, they are finding more acceptable sites for low-margin betting, which are certainly not with Portuguese Bookmakers. Portugal by no means enjoys gambling more than any other country in the world and betting isn't a primary hobby for the locals, as it is in Ireland. Nevertheless, about 2 million people have made sports bets at least once.

As mentioned earlier, football betting is the most popular and in-demand form of sports betting. American football, basketball and rugby also draw attention from Portuguese gamblers. Betting in Portugal Sports betting has always flourished in Portugal. February Best Sports Betting Sites. All Free Bet Sites. Bet www. ESC Online Sports www. Betclic Portugal www. Placard www. Parimatch www. BetBoro www. Luckia www.

BetAndYou www.

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Another popular sport in Portugal is futsal, which is a soccer variation played by five players in an indoor venue. Of course, one of the best ways to back your favorite futsal team is to place your bet in its favor. Fortunately, a great number of web-based bookmakers list this game among their betting options. This is the country with most world titles for this sport as its national team has won 15 world championships and 20 European ones.

That is why Portuguese punters frequently place bets on their most prominent basketball teams such as S. Handball might seem like a less prominent sport on a global scale, but this is not so in Portugal. In later years especially, this interesting sport has been attracting an ever-growing audience, while handball games are frequently broadcasted live on television.

Most established bookmakers accept wagers on this team sport. As far as racing goes, the Portuguese are particularly fond of equestrian sports like horse racing. Greyhounds racing is not as popular, while rallying and motor racing are more widespread. Other popular sports to wager on include tennis, motor racing, golf and volleyball. In some cases customer support is offered in Portuguese. Portugal is a member state of the EU and as such, has adopted the Euro as its currency.

William Hill is a UK-based betting provider which is among the leaders in this industry. Its popularity among punters of all nationalities is well-deserved as this brand name has become synonymous with reliability, fairness and tradition in sports betting. The company was founded in but has come a long way since then. Today, William Hill offers a number of appealing promotions, a plethora of sports markets and events and great odds.

The sportsbook comprises of about 30 sports, the most popular of which are basketball, soccer, tennis, golf, baseball, hockey, horse and greyhounds racing. Volleyball, handball, motor racing and cycling are also on offer. Apart from markets diversity, William Hill is known for its large wagering limits , which is good news for high-rollers. This bookmaker is completely legitimate and has the right to offer its services to customers from Portugal.

What is more, the website is available in Portuguese, which is great news for residents of the country who are not fluent in English. One of the currencies William Hill accepts is the Euro. There is a good reason for this — the popular web-based bookmaker is completely secure, offers amazing bonus deals and gives bettors the opportunity to choose from thousands of markets of events from all around the world. The website is available in a mobile format , but a free downloadable app is offered as well.

The latter is compatible with iOS and Android-based devices. Another way to download the app is by requesting a download link via email or text message. This sportsbook accepts punters from a variety of countries so Portuguese are also welcome to join in and register at the website. They can even set the language preferences to Portuguese, which further adds to their convenience.

Live betting markets are available on a great array of sports — tennis, soccer, basketball, cricket, golf, hockey and snooker. If betting on races is more to your liking, you can choose between horse and greyhounds racing. Apart from betting on the races, punters are able to watch a live stream from some of the most prestigious tracks in the UK — Leicester, Chelmsford and Catterick.

Streaming from the Vaal track in South Africa is also available. Pinnacle is yet another established sportsbook that enjoys immaculate reputation among punters throughout the world. The bookmaker is frequently lauded for its great odds and versatility of markets and sports events.

All major sports leagues in the world are decently covered by Pinnacle. Events from important soccer championships receive a sufficient coverage, but more importantly the Portuguese Primeira Liga and Liga de Honra are present on the list. Punters from Portugal can wager on handball , too, as both the Women and Men Handball Champions leagues are available.

In-Play, arbitrage and mobile betting are also possible. That being said, Portuguese punters can rest assured they are welcome to join the sportsbook. In addition, the Euro is among the currencies listed. Numerous secure and convenient payment methods are on offer. Unibet is considered to be one of the largest web-based sportsbooks in Europe. This bookmaker is legal, fair and transparent as it operates under a license issued by the Maltese Gaming Authority. Its reputation is further cemented by the fact Unibet has over 10 million registered customers from countries throughout the world.

Portugal is one of the territories where Unibet offers its services. Punters from this location can click on the drop-down language menu and select their native language. Betting at this bookmaker comes with a number of advantages. Some of the most popular betting options include soccer, basketball, golf, cricket, tennis, American football, horse racing and ice hockey.

Portuguese punters can bet on their favorite sports like futsal, handball and volleyball. Last but definitely not least, one bookmaker that is worth mentioning is Bet, one of the leaders in the sports betting industry.

The benefits of betting at this website are numerous and range from quick payouts and generous bonuses to sports events diversity and competitive odds. In addition, bet is a secure, trustworthy and respected brand name. The website is available in Portuguese.

The customer support service is timely and adequate, not to mention, it is available in several languages. As far as sports events are concerned, there are over 30 options to be found at the website. Some of the most popular ones include soccer, basketball, tennis, golf, baseball, horse and greyhounds racing.

Bet offers a variety of interesting features such as Live and Mobile betting, bonuses on parlays and Live Streaming. Odds are available in three formats — American, decimal and fractional. Portugal Sports Betting Sites. VISIT review. Wagering: 5x the bonus amount in accumulator bets containing no less than 3 selections that must have odds of at least 1. Min odds 1. Valid for 30 days.

New customers only. Money back as bonus. Wagering requirements: Sportsbook 3x at min. Where are Portuguese gamblers going? Quite naturally, they are finding more acceptable sites for low-margin betting, which are certainly not with Portuguese Bookmakers. Portugal by no means enjoys gambling more than any other country in the world and betting isn't a primary hobby for the locals, as it is in Ireland.

Nevertheless, about 2 million people have made sports bets at least once. As mentioned earlier, football betting is the most popular and in-demand form of sports betting. American football, basketball and rugby also draw attention from Portuguese gamblers.

Betting in Portugal Sports betting has always flourished in Portugal. February Best Sports Betting Sites. All Free Bet Sites. Bet www. ESC Online Sports www. Betclic Portugal www. Placard www. Parimatch www. BetBoro www. Luckia www. BetAndYou www. Casino Portugal Sports www. Betworld www. Rolletto Sports www. Bookmakers and Betting Sites in Portugal.

How many locals participate in Sports Betting?

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