Brazil is the 5th largest country in the world by both land mass and population.
With over 200 million residents, it also represents a very profitable gambling market despite most forms of betting being illegal.
The official currency of Brazil is the Real (BRL) which is currently valued at about USD 0.32.
Find out further everything you need to know about using the BRL currency at the top bookmakers and international betting sites.
Let’s get started!
Who can use BRL Currency when Making Sports Bets?
Pretty much anybody can use reais for betting provided this currency is accepted. Be sure to check first, as not many from the new bookmakers 2020 list allow using it. Placing bets with reais requires that the sportsbook offers reais as betting currency.
Brazilian punters that possess a BRL credit/debit/prepaid card can use it to make deposits at most sportsbooks as can those that have a Brazilian currency bank account or eWallet.
Punters with cash on hand can deposit into their betting accounts by using a wire service.
Top 10 Brazilian Real (BRL) Betting Sites  – Updated List
What Bookmakers allow you to Bet Using BRL?
There are not an awful lot of new bookmakers that allow the use of reais for betting but there are a few very respectable sportsbooks that do. Of the 130 recommended betting sites for Brazilians at Gamblingjudge.com, only 12 offer the real as betting currency.
Are there any Betting Bonuses in BRL?
There are a lot of valuable bonuses in BRL and they can be found in the sportsbook database or promotions section at Gamblingjudge.com. There are also a lot of bonuses available for BRL deposits that are advertised in other currencies like euros and American dollars too.
In most cases, punters are given the BRL equivalent. For example, instead of receiving up to €200 in bonuses at SBObet or 10Bet, deposits using BRL would be eligible for up to approximately 660 reais. Likewise, those who deposit using BRL to claim the 100 bonus packages at William Hill, or Interwetten will be able to claim up to about 330 reais.
Some of the bonuses that are offered in Brazilian currency include the 150 BRL welcome bonuses at Betsson and Noxwin as well as the 400 BRL welcome bonus at OddsRing. Check out Gamblingjudge.com to find the latest and greatest bonuses for Brazilian bettors.
What is the Minimum Deposit and Withdrawal Using BRL?
Minimum and maximum deposit and withdrawal amounts depend on the sportsbook and the payment method. Almost all sites have different limits. Neteller deposits at Noxwin must be at least 40 reais.
Withdrawal minimums and maximums also differ. Noxwin they must be at least 40 reais and no more than 32,700 reais. Real sportsbook deposits using AstroPayCard at Noxwin they must be between 40 BRL and 15,500 BRL.
Punters need to check with their bookmaker to find out what limits apply to real sportsbook deposits.