Portugal is situated to the southwest of the Iberian Peninsula with Spain to its east and North and finally the Atlantic Ocean to its west and south. Portugal turned into a republic in October 1910. Football and other sports can now be easily bet on by the Portuguese populace through the availability of online betting platforms. This blog post looks at the overview of gambling laws in Portugal, identifies the regulators, describes the sports betting types permitted, and gives an overview of the sports betting platform best and betting sites in Portugal.
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Table of Contents
Summary of Key Events
History of Gambling Laws in Portugal
However, for one to understand the current status of gambling laws in Portugal it is very important to look at the history of the same. Following is a timetable of some occurrences;
- 1783: The earliest documented legal gambling in the country could be seen in the year 1783 whereby the national lottery was made legal.
- 1916: Casino Estoril was opened which is one of the most popular and the oldest casino of Portugal.
- 1970: When Antonia Salazar was in power the number of casinos also on the rise.
- 1989: New legislation was enacted in modern Portugal to legalize and to control more types of games of chance.
- 2015: Online betting was allowed, and this paved the way for the present day betting systems.
Regulatory of Betting Sites in Portugal
The regulation of gambling in Portugal is shared between several main authorities.
- Serviço de Regulação e Inspeção de Jogos (SRIJ): This is the supreme authority for the gambling business and its regulation and supervision in the country of Portugal.
- Comissão de Jogos: Together with SRIJ, controls gambling business and its functioning on the territory of Ukraine.
All these groups make sure that all betting and gambling operations are conducted in a manner that can be reasonably considered as honest, financially stable, and technically competent.
Prohibited and Permitted Bets
Some forms of gambling are allowed in Portugal, though there are others that are totally outlawed.
Permitted Bets:
- Football, basketball, and tennis betting
- The games of the casino (for instance, roulette, blackjack, poker).
- Bingo
- Lotteries
Prohibited Bets:
- Fantasy betting
- Unregulated skill games
These regulations are meant to help in the provision of a level playing field and safe play for each and every gambler.
Gambling Licenses and Fees
To get a gambling license in Portugal there are some requirements that have to be met and certain fees that need to be paid
- Types of Licenses: Notably, it involves the retailing of fixed odds sports betting, horserace betting-both pari-mutuel & fixed-odds, bingo when played over the internet and games of chance.
- Fees: It might vary depending on the type of the license as well as the sphere of business operations.
- Tax Rates: Bingo halls is at 25%, online gaming is at 25% of total gross receipts while fixed odds betting on sports which is generally in fractional form is at 8% of the total stake wagered.
These fees and taxes are appealing in the administration and suitable growth of the gambling sector in Portugal.
Best Betting Sites in Portugal
Some of them are: There are several betting sites based in Portugal and which are fully licensed in this country, they offer several services for the clients.
22Bet
22Bet: In general, this website offers numerous possibilities; further, it allows users to make bets with each other.
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Betandyou
Betandyou: Well-known for the great odds, and, indeed, the customers’ service.
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20Bet
20Bet: It has many options of what games to wager on and what game to wager on football and basketball included.
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These sites are recommended for their reliability, user’s interface or the variety of the bets offered.
Major Events in Portuguese Sports History
The Portuguese culture is highly developed in international standards and occupies a significant place in the stories of achievements and initiatives in sports.
- 1966: I am indicating that Eusebio could perhaps be the highest goal scorer of the world cup.
- 2004: Europe was fortunate to have it’s tournament, the UEFA European Championship, in Portugal.
- 2016: UEFA European Championship was emerged by the Portugal.
- 2019: There are many football competitions that took place in the year 2018/2019 some of which include; UEFA Nations League which was won by Portugal.
- 2021: This year’s FIFA Confederations Cup champions were the Portugal team.
These events have placed Portugal as a nation that has a glorious and a victorious record in the field of sports.
Celebrating Portugal’s Sports Stars
The population of the country is fond of sports and Portuguese athletes are known all over the world.
- Cristiano Ronaldo: He is the worlds best football player of today and he has many achievements for instance five times Ballon d’Or winner.
- Eusébio: An ace football player of his time who represented his country in the 1966 world cup.
- João Sousa: An ATP ranked tennis player that has triumphed in many ATP tournaments.
- Rui Costa: A professional cyclist, and a three time world champion.
- Joana Ramos: A two times Olympic gold medalist in Track and Field event.
These athletes have not only made the country proud but they also have motivated so many young sportsmen and women.
Gambling Laws in the Neighboring Countries
Knowing the legislation of the neighboring countries in the sphere of gambling will help to get a better understanding of the Portuguese laws.
Spain:
- It is operated under the regulation of Dirección General de Ordenación del Juego (DGOJ)
- Gambling online was legalized in the year 2011.
France:
- ARJEL – the Autorité de Régulation des Jeux en Ligne controls it.
- Licensing and taxation policies are quite rigid
Italy:
- Supervision of ADM, Agenzia delle Dogane e dei Monopoli.
- Detailed measures that govern both the online and the traditional forms of gambling in the country.
Conclusion
Betting in Portugal is legal and quite popular with rigid laws and bodies to oversee the activity. Starting with the history of gambling laws to the top betting sites, this guide gives a detailed account of Portugal sports betting.
FAQ for Betting Sites in Portugal
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