Economy

Brazilian football betting becoming an attractive gamble

Football and gambling are inseparable. In the English Premier League, often regarded as the best domestic championship in the world, nine out of 20 teams in the 2018–2019 season had casino or betting companies as their prime shirt sponsor. Plus, even if their logo is not brandished all across players’ chests, every major European club has its own “official gambling partner”—sometimes more than one. Such is not the case in Brazil, where gambling on football has been outlawed since 1946.

For better or for worse, betting is a part of the culture of sport around large parts of the world, especially in Australia, parts of southeast Asia, and northern Europe. In the British Isles, with bookmakers seemingly on every street corner, pubs on the weekend are full of punters glued to their phones, attentively following matches from Spain, Switzerland, Holland, or what have you, hoping their ten-team accumulator bet will come good.

While in its very early stages, that reality could be where Brazil is headed. Despite the 1946 ruling outlawing betting and all games of chance—which, in Brazil, are revealingly called

Euan Marshall

Originally from Scotland, Euan Marshall traded Glasgow for São Paulo in 2011. Specializing in Brazilian soccer, politics, and the connection between the two, he authored a comprehensive history of Brazilian soccer entitled “A to Zico: An Alphabet of Brazilian Football.”

Recent Posts

Madonna concert to inject BRL 300 million into Rio economy

The city of Rio de Janeiro estimates that a Madonna concert this Saturday on Copacabana…

12 hours ago

Panama ready to vote as Supreme Court clears frontrunner

Latin America’s trend of banning opposition candidates from elections has caught on in an ever-growing…

12 hours ago

Sabesp privatization edges closer with São Paulo legislation

The São Paulo City Council on Thursday approved legislation authorizing Brazil’s largest city to sign…

15 hours ago

Brazil’s AI regulation gets first draft to guide upcoming debates

The preliminary report on AI regulations presented to Brazil’s Senate last week provides a middle-of-the-road…

16 hours ago

Ayrton Senna, a true Brazilian hero

In 2000, Formula 1 great Michael Schumacher had just racked up his 41st race win,…

1 day ago

OECD improves Brazil’s GDP growth forecast once again

Overall, the worldwide economic outlook has improved according to the Organization for Economic Co-operation and…

1 day ago