Minimum Deposit Sports Betting Sites in Brazil

As online sports betting continues its expansion, the interest in online betting is rising in many parts of the world, and Brazil is no exception. Being the largest country in the South American continent and home to over 200 million people, Brazil is a huge market, and the iGaming industry has reached this corner of the world as well. Get started on these minimum deposit betting sites for Brazilian players.

Although there are no actual Brazilian online betting sites operating in the country, Brazilian bettors are free to place bets at betting sites that are based in other countries. After all, Brazil is notoriously famous for being truly fanatical about sports, so it’s no surprise that millions of Brazilians are opting to place bets online.

But online betting doesn’t have to be a costly hobby. There are dozens of low deposit sports betting sites that allow Brazilians to reduce the inevitable risk that comes with reckless gambling and enjoy all the perks offered by these sportsbooks for as little as BRL 30. In this article, we’ll present you with the finest low-deposit betting sites in Brazil, show you how to get started with a minimum deposit betting site, and even provide some tips on how to make the best of your first deposit.

5 Best Brazil Minimum Deposit Sports Betting Sites in 2023

Just because there aren’t any domestic betting sites in Brazil, it doesn’t mean that Brazilians don’t get to bet online at some of the best sportsbooks in the world. In fact, the law doesn’t prohibit Brazilians from registering at international betting sites, which means that there are hundreds of sportsbooks available to them – many of which accept the BRL as a currency and are available in Brazilian Portuguese.

However, just because there are many sportsbooks to choose from, it doesn’t mean that they’re all legitimate. On the contrary, there are many unlicensed sites that operate without a valid license. That’s why we make sure to only include fully licensed sites that hold a valid license issued by a reputable governing body. Moreover, we look into the betting coverage, the competitiveness of the odds provided by the sportsbook, the overall safety and reliability, payment method diversity, and the promotional page.

We follow strict criteria to make sure that we only deliver the best minimum deposit betting sites Brazil has to offer.

1.🥇bet365

bet365 is one of the oldest, most reputable betting sites in the world, and one of the best minimum deposit options for Brazilians. It was first founded in 2000 by Denise Coates and is among the main ‘culprits’ for the growing popularity of online sports betting in the past two decades.

The international version of bet365 – which is the one available in Brazil – is regulated by the Curacao Gaming Control Board and offers an enormous variety of betting markets. From popular sports such as soccer, UFC, and Formula 1 to less popular sports and leagues such as volleyball, ping pong, and even eSports – the betting coverage at bet365 is nothing short of excellent. All the major and minor leagues and tournaments are covered as well, and the site boasts a useful live-streaming option. In-game betting is available as well, with thousands of betting markets being available at any moment.

The minimum deposit at bet365 is just R$20 when using Visa, Mastercard, Maestro, and Click To Pay, up to R$30 when using other payment methods such as bank transfer, Pix, Caixa, Banko de Brasil e-transfer, Bradesco, and Santander. Deposits made using credit/debit cards or Click to Pay are instant, while the same payment methods are available for withdrawals as well.

The promotional page is another aspect where bet365 shines. Newly registered punters are offered a 100% deposit match of up to R$200, while there are over a dozen ongoing promotions for regulars as well. Navigating through the site is a breeze, and it’s available in Brazilian Portuguese, making it easy to create an account, make a deposit, claim a bonus, and place a bet.

2.🥈betway

Betway was first established in 2006 and gained a lot of popularity due to its collaborations and sponsorships with major Premier League and La Liga soccer clubs, such as West Ham United and Atletico Madrid. Coincidentally, several Brazilian soccer representatives play for these clubs – but that’s not the reason why Betway is among the best minimum deposit betting sites in Brazil.

The site is among the safest and most secure options out there, operating in Brazil under a license issued by the Malta Gaming Authority. The site is extremely easy to navigate and provides a hassle-free experience. Mobile betting is a popular option too, with dedicated apps being available for Android and iOS users.

The betting market portfolio is extraordinary as well. All major sports and sporting events are covered, although the main focus is soccer. The soccer coverage includes all the major European, South and North American, Asian, African, and Australian competitions and leagues, with thousands of betting markets available daily. There are also some interesting betting types available, including the popular live betting option.

The minimum deposit is R$10 when depositing via Mastercard, Visa, Maestro, or PIX  – which is among the lowest minimum deposit Brazilian betting sites.

There are different welcome bonuses depending on the punter’s preference, but it’s important to point out that they can only be activated if a user deposits via PIX. One of the offers is the accumulator bet promo, which provides a bonus of up to R$100 and can be used on a single betting slip with a parlay bet of at least three betting lines with minimum odds of 3.00 or more.

3.🥉1xBet

1xBet is yet another mega-popular betting site that’s legal in Brazil via its international site. It has been on the market since 2011 and is a safe and secure site that operates under a license issued by the Curacao Gaming Control Board. It’s a relatively large betting site with more than 400,000 monthly users, and it sponsors several major soccer competitions, such as the Italian Serie A, the CAF, and Copa Verde – the Brazilian annual regional competition.

There’s a lot to like when it comes to 1xBet’s betting availability. There are thousands of betting markets available daily, and the sportsbook covers virtually all the sports and sporting events one can think of. What’s more, 1xBet offers competitive odds and regular odds boosts, as well as an excellent live betting section with numerous betting lines available – particularly for popular matchups and events.

The site is transparent and easy to navigate through, with all the menus logically laid out on the left side of the screen. It’s available in Brazilian Portuguese too, which is a nice touch. The same design translates to the mobile apps as well, which are available for Android and iOS.

What makes 1xBet one of the best betting sites in Brazil, however, is the banking section. Depending on the payment method chosen, the minimum deposit is just R$4,40, or $1 – depending on the currency in use. There are over 30 payment methods to choose from, including all the popular debit/credit cards, numerous e-wallets, e-banking services, cryptocurrencies, e-vouchers, and more.

The welcome bonus for sports bettors is a deposit match of up to R$1,200, while there are over a dozen ongoing promotions for existing players at times.

4. Betfair

Betfair is one of the most easily recognizable names in Brazil when it comes to betting sites. The site sponsors more Brazilian teams and athletes than any other sportsbook operator, including the likes of Palmerias and Cruzeiro and icons such as Ronaldo.

Founded in 2000, Betfair has been on the market for over two decades and is among the largest and most reputable betting site operators in the world. Brazilians can engage with the international version of the site, which is licensed by the Malta Gaming Authority.

While the sportsbook covers multiple sports with thousands of betting markets, soccer is the name of the game here. Betfair offers odds for all the big leagues and competitions, and while same game parlays are very popular here, punters can bet on interesting and unusual prop bets – especially for derby matches. The odds are competitive, and that’s especially true for the futures bets.

The site is well-designed and well-optimized for both desktop and mobile use, and there are dedicated mobile apps for both Android and iOS. The list of available payment methods includes Visa and Mastercard as debit/credit card options, as well as PIX, Skrill, Neteller, and other e-wallet options. The minimum deposit is just R$15, which is sufficient to activate the welcome bonus.

Newly registered users can get their hands on a 100% deposit match of up to R$200, and the bonus funds come with an 8x rollover and can be used on betting lines with odds of 2.0 or more.

5. bwin

bwin, formerly known as Betandwin, is one of the oldest and biggest betting sites worldwide – and it is now available to Brazilian bettors. It launched in 1997 and has become one of the most recognizable brands, with sponsorships to major clubs and competitions, such as Real Madrid CF, Bayern Munich, and the MotoGP series.

It’s licensed by several jurisdictions, and the site that’s available in Brazil has a stamp of approval from the Malta Gaming Authority. What makes bwin stand out, however, is the sheer size of the sportsbook. There are over 90 sports to bet on, with countless betting lines available every day. Although soccer is the most popular sport here, users can bet on many other events and competitions –  including a dedicated ‘Specials’ section.

The minimum deposit is R$15, but users are required to make a deposit of at least R$20 to be eligible for the welcome promo – which is a risk-free bet of up to R$200. There are over 40 available payment options, including popular debit/credit card options, numerous e-wallets, e-vouchers, e-banking services, and more.

Why These Minimum Deposit Betting Sites?

There are more than 600 online betting sites that are available to Brazilians, but we narrowed down our choice to these few. Not all minimum deposit betting sites are equally good, so we followed strict criteria when choosing these sites, including the minimum deposit amount, the range of available payment options, the overall quality of the sportsbook, and the safety and security measures the betting site operator takes.

Low Minimum Deposits

The first and most important factor that we took into consideration, besides the sportsbook’s safety, is the minimum deposit amount. We made sure to include betting sites that accept deposits as low as R$5, which is a sum that won’t break the bank and will still let punters enjoy online betting legal in Brazil. The average minimum deposit among Brazilian sportsbooks is R$20, so anything below that can be considered a low minimum deposit.

Brand Reputation

If a brand has stood the test of time, has millions of satisfied users, and collaborates with big names in the sports world, it speaks wonders about its reputation. For our list, we made sure to only include reputable brands that are tried and tested, so punters will have nothing to worry about when depositing at these sites.

Wide Payment Method Variety

The list of available payment methods is another crucial component when choosing the best betting sites for minimum deposits. We’re looking for a long list of payment methods that includes all the popular services such as Visa and Mastercard, but also payment methods that Brazilian punters prefer, such as PIX, Caixa, Banko de Brasil e-transfer, Bradesco, Santander, and others.

Minimum Withdrawal Amount

While the minimum deposit amount is an important aspect if a betting site has a high minimum withdrawal limit, it means that bettors sometimes might not be able to cash out their winnings.

So, if a betting site has a minimum deposit amount of R$10, we’re looking for sites that have a minimum withdrawal amount of R$20 or less, so if a bettor wins a bet with odds of 2.0, they can withdraw their winnings.

Bonuses Available with Low Deposits

The promo section is one of the parts that we spend the most time on – and that’s because they’re the most budget-friendly solution for punters that are looking to bet on a low budget. Besides the value of the bonus, we’re looking for sites that offer bonuses for existing players as well, and we make sure that the terms and conditions of the bonuses on offer are realistic and achievable.

Licensing & Security

Last but not least, we make sure that every site that makes our list holds a valid license that’s been issued by a reputable governing body and follows the latest security protocols. They include SSL encryption for the users’ data, regular audits and check-ups by third-party testing agencies, and taking all the necessary measures to ensure player safety at all times.

Comparing Brazil Betting Sites with Low Minimum Deposit Limits

Brazil Betting Sites without a Minimum Deposit

As lucrative as it seems, there are betting sites that don’t require you to make a deposit to start betting. When talking about betting sites without a minimum deposit, we refer to sites that offer a no deposit bonus. Although these offers are quite rare these days, some online casinos offer small no deposit offers as a gift for registering with the site.

These sites usually require players to verify their accounts before the gift is awarded and enter a bonus code, and the bonuses usually come in the form of free spins for a popular slot game. No deposit bonuses for sports betting, however, are quite rare, and none of the 600+ sites that are available on the Brazilian sports betting market currently offer such bonuses.

Getting Started with a Low Deposit BR Betting Site

To get started with a low deposit betting site, you first must register an account. The registration process is usually straightforward, and shouldn’t take you more than a few minutes. Most betting sites will usually ask you to provide an email, a password, an address, a date of birth, and a phone number. The registration process goes as follows:

1. Open the betting site that you want to join and locate the registration button (it usually says Join or Register and it’s in the top right corner)
2. Enter your email, provide a password, read the terms and conditions, and if you agree, check the box and click on Next.
3. In the following step, most sportsbooks will ask you for a date of birth, address, gender, and mobile phone number. Provide all the information and click on Next.
4. Some betting sites might ask you to confirm your email, so you’ll have to open your email’s inbox and click on the link that you’ve received by the operator.
5. Alternatively, some operators might ask you to confirm your mobile phone, so you might receive an SMS with a verification code that you’ll have to enter.
6. After you provide all the details, the registration process is completed, and you can make your first deposit and start betting.

Keep in mind that the legal gambling age in Brazil is 18, so if you’re under 18 years of age, you won’t be permitted to register with a betting site and make a deposit. Moreover, some betting sites might require you to verify your account before you even make the first deposit, so make sure to complete the verification process before you continue.

How to Make Your First Deposit for Betting

Once you register with a betting site, it’s time to make your first deposit before you start betting. The process is easy and hassle-free, and all of the betting sites that we included in our list accept deposits in BRL and via a variety of payment methods. So, all you need to do is

1. Login to the betting site with your account details.
2. Visit the ‘Cashier’ or ‘Payments’ section. While some betting sites have a deposit button that’s usually located in the top right corner, others require you to go to the ‘Payments’ menu.
3. Choose your preferred payment methods from the list of payment options. The best betting sites usually have multiple payment options available.
4. Enter the amount that you want to deposit.
5. At some betting sites, there’s a bonus code field in which you can enter a code and receive a bonus. Enter the bonus code if you have one.
6. Confirm the transaction, claim your welcome bonus (if there is one), and you’re ready to place your first bet.

Some betting sites in Brazil have an instant deposit option that allows you to use the same payment method the next time you want to deposit. Moreover, the deposit waiting time depends on the betting site and the payment method of choice, but they’re usually instant.

Verification Process and Withdrawing Winnings

After you’ve won a few bets and grown your bankroll, it’s time to withdraw your winnings. Before you do, however, you’ll be most likely required to verify your account. Although some betting sites don’t require their users to complete the verification process, most do.

To verify your account, you’ll be asked to confirm your email, your mobile phone number, or both, and provide an identity verification document – such as a photo of your ID or a utility bill. After the verification process is completed, you’ll be able to withdraw your winnings. To do so, you should:

1. Enter the ‘Cashier’ section
2. Click on ‘Withdraw’
3. Choose your preferred withdrawal method from the list of available payment methods
4. Enter the amount you want to withdraw
5. Confirm the transaction

Keep in mind that the withdrawal times vary depending on the betting site of choice and the payment method. While payment options such as e-wallets or cryptocurrencies usually have quick withdrawals, if you opt for a bank transfer, you might have to wait for up to 5 business days before you see the money in your account.

Moreover, betting sites in Brazil usually don’t impose any fees, but the banking methods of the bank issuers sometimes do – so make sure to read the terms and conditions before you request a withdrawal.

Low Deposit Banking Methods in Brazil

Brazil is a huge market for sports betting site operators, so they make sure to include a number of Brazilian-friendly payment methods when it comes to depositing and withdrawing funds at the sportsbook. Some of the worldwide-famous payment systems such as debit/credit cards and e-wallets are ever-present, but some of the best sports betting sites have more than 30 payment methods available for Brazilians, including services such as Pix and Santander.

Bank (Credit/Debit) Cards

Credit/debit cards such as Mastercard, Visa, Maestro, Diners, American Express, and Discover are the most widely available payment methods in Brazilian betting sites.

Consecutively, they’re the most popular payment method among bettors too. They provide fast deposits, low fees, and are convenient to use. The only downsides are the relatively slow withdrawals that might take up to 5 business days (depending on the bank issuer of the card) and the possible fees applied by the banks.

E-Wallets (Skrill, Neteller, PayPal, ecoPayz, PagSeguro)

Although PayPal is one of the most popular e-wallets in Brazil, it’s not as widely available as Skrill, Neteller, ecoPayz, and PagSeguro. Most betting sites accept payments via these e-wallets, and the transactions are usually fee-free and instant – which makes them a great option for both deposits and withdrawals.

Bank Transfer (Santander, Banco de Brazil, Pix, Bradesco, Banco Original)

Almost all the major banks in Brazil have their own e-banking systems, and many sports betting sites allow Brazilian punters to make deposits and withdrawals directly through their e-banking apps.

One of the biggest positives when using services such as Pix or Santander is that some sportsbooks offer exclusive bonuses when depositing via Pix, for example, but one of the downsides is that users will have to wait for a few days for the money to arrive in their accounts upon withdrawal requests.

Tips for Low Deposit Betting

Low deposit betting at legitimate and reputable sportsbooks is almost a guaranteed fun experience. However, there are a few tips that you should follow to make the experience even better and avoid spending all your bankroll much quicker than you initially anticipated.

Only Register at Licensed Sites

Although there are over 600 sportsbooks currently available to Brazilians, not all of them are legitimate. There are many rogue sites that don’t have a valid license issued by a reputable governing body – which means that they don’t follow the strict guidelines and regulations set in place by the authorities.

That’s why you should only register with sportsbooks that have a valid license issued by regulatory bodies such as the Malta Gaming Authority, the Curacao Gaming Control Board, the UK Gambling Commission, etc.

Look for Competitive Odds

The odds for the same betting market may vary greatly depending on the sportsbook. If you want to make the most of your budget, you should look for betting sites with competitive odds and a wide variety of betting markets to bet on.

Don’t Underestimate the Welcome Bonus

As the name suggests, sportsbook welcome bonuses are incentives that are intended to reward you for registering with that particular site. They usually come in the form of a free bet, a risk-free first bet, or free betting funds – so make sure to read the terms and conditions of the welcome offer carefully and make the best use of it.

Pick the Lowest Minimum Deposit Limits

Not all sportsbooks have the same minimum deposit limit, and if you don’t want to break the bank, we suggest looking for a low minimum deposit betting site. The industry standard in Brazil is around R$20, but many of the operators that we suggested have minimum deposit limits of just R$5 – which means you don’t have to spend too much to activate the welcome bonus and start your betting journey.

Check out the site, make sure that you like what you see, and only then deposit more – if you feel like it.

FAQ’s