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Boleto Bancario in Brazilian Casinos
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Brazil is a country with a changing gambling landscape, but at the moment, players interested in trying out online casino games can do so across international sites; across these sites, they are lucky enough to have a local payment method at their disposal, Boleto Bancario, for the most seamless deposits. The voucher that has unrivaled popularity across the country has managed to get listed as an accepted method across hundreds of sites that cater to Brazilian players, and that’s the reason why we’ve decided to share everything we know about it with you. If it sounds like a solution you’d want to try out for your deposits, make sure you stick with us. What is Boleto Bancario and why decide to use it as your deposit method across Brazilian online casinos?
Online Gambling Regulation in Brazil
Brazil is certainly a beautiful country, known all around the world for its nature, carnival, and success in sports. It is known for many other things, but we're here to talk about gambling, right? So, despite the popularity of football in the country, believe it or not, when gambling and sportsbetting went online, Brazil was not very interested in regulating them. Even though gaming is big in Brazil, the country wasn’t really into making a big deal of online sportsbetting, despite the immense potential and financial boost the industry could bring.
To make matters worse for those interested in placing bets on their favorite matches, the Presidential Decree introduced ages ago, in 1946, forbids all forms of gambling, including sportsbetting. But, still, not all hopes are lost. In 2011, the country legalized online lotteries, and not long after, it actually started working on legal frameworks for online sportsbetting. It was in 2018 when online sportsbetting officially became legal, with Bill 846/2018 signed by the President.
But there were still some bumps on the road. Brazilians started frequenting online casino sites based outside the country’s borders, and so the government felt the pressure and had to consider legalizing it, too. In the meantime, the sportsbetting market launch was postponed until 2023, when it officially went live. It was the same year when the country announced possible online casino gambling regulations, as the Chamber of Deputies validated the bill to regulate both.
It was not until 2024, though, that Brazil finally approved the bill to legalize online casino gambling. The sportsbetting market was already thriving, with over $11 billion in bets placed by Brazilians in a one-year time, so the country finally understood how great of a boost it would get with legalizing online casino gambling.
Nevertheless, at the moment, Brazilian players are still playing across international casino sites. They are free to enjoy all the games and bonuses offered across these sites without worrying about getting prosecuted for it. To their luck, international sites that cater to players from Brazil are powered by the greatest software developers in the industry, like Evolution, Games Global, Playtech, and Pragmatic Play, among others. That means that all sorts of Live Casino games, table games, video poker, bingo, and slot games are at their disposal. This will continue until the official online casino gambling market launches in Brazil, as after that, changes are expected, and international sites that do not hold a proper license to operate in the market will probably be blocked.
Therefore, as a Brazilian player, you are really in for a treat when it comes to game choice and the number of sites you can join at the moment. When you start your search for the most perfect casino to join, make sure you stop for a second and look for sites that will give you the opportunity to use a local payment method for your deposits. Again, you're in luck, as across most, if not all, offshore sites that target players from your country, offer Boleto Bancario. You must have heard about it if not even used it already, but just in case, this is a voucher that is incredibly popular among Brazilian users. You purchase it offline using Brazilian real and you use it online as an alternative to cash, without ever having to share any sensitive details with the casino operator. If interested in knowing more about it to eventually start using it across online casinos, continue reading, as we’ll focus on that next.
Using Boleto Bancario Across Brazilian Online Casinos
Rolled out in 1993, Boleto Bancario has been running smoothly in Brazil for years. It has managed to become one of the most worldwide known payment solutions from the country, and that’s one of the main reasons why it got listed as an accepted method across a huge number of online casinos that started catering to Brazilian players, since the dawn of online gambling. The Central Bank of Brazil has its back, and that’s the reason why the solution manages to generate over 6 million transactions per year.
The solution is part of the EBANX services, and that’s the reason why it is so accessible and easy to use. You can go to the Central Bank of Brazil’s official website, visit the FAQs page and find the answer to the question “Como funciona a operacao com boleto”, translated to how does the solution function, or visit EBANX’s site to get more information. But essentially, the steps you’d need to take are super-easy, considering this is a voucher.
You will need to select a casino that accepts it, then select the solution as your default payment method at the checkout page. Next, you’d need to specify how much you’d want to deposit to your casino balance and a barcode will generate. Take that barcode, by scanning or printing it, to one of the thousands of locations authorized to sell the voucher. Using cash, or even your banking app, you will complete the purchase right there, and the funds will, in one to two working days, arrive at your balance. EBANX rolled out the Instant Boleto, too, which promises to process your transaction within 15 minutes, but it is a bit more expensive to use, of course. On that note, some fees will apply with the standard Boleto Bancario voucher, which will be set by the authorized store, depending on the payment method you decide to use. So, get informed of the fees before you complete the purchase.
Given how really easy it is to get started with and actually use, you probably have no doubt that it is, indeed, a solution you should give a try. To that note, stay with us, as in the following section we’ll take you through the steps you need to take to successfully use it for your deposits across the hundreds of Brazilian-catering online casinos out there.
Casinos for Players from Brazil that Offer Boleto Bancario
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Depositing and Withdrawing with Boleto Bancario
Boleto Bancario is certainly a payment method you will find across every second if not every single, online casino that targets players from Brazil. Its popularity across the online gambling industry is truly unrivaled, and only here at WoO, you will find over 270 sites to explore, each catering to Brazilian players and offering this amazing voucher. Check out BetSomnia, Tusk, and Oshi, for instance, as they are among the top-rated sites here that will give you the option to try out the solution.
So, the first thing to do here is locate the site that would work best for you to join. Quickly register your player account with it, and to make your first deposit with Boleto Bancario, just follow these steps:
- Access your registered casino account and look for the Banking/Checkout Page.
- Find the Deposits section and press Boleto Bancario’s logo.
- Specify the amount you wish to have on your balance and the barcode will generate.
- Get your barcode and take it to any of the authorized stores to purchase the voucher.
- In up to two days or 15 minutes, depending on the option you used, you will receive the funds on your casino balance.
We never mentioned cashouts in this article, and that’s because, as you probably assumed, withdrawals with Boleto Bancario are not possible. Due to its nature, the voucher cannot process transactions the other way around, so you’d have to start looking for alternatives to use to cash out your winnings.
You can try out another solution backed up by the Central Bank of Brazil, PIX, or some cards, eWallets or even crypto, as means to use to cash out your winnings.
Conclusion
There is definitely no better solution to use for deposits as a Brazilian player across international online casinos than the voucher Boleto Bancario. Sure, you’d need to use a different solution to cash out winnings, but with this voucher, your deposits will be fuss-free, in your native currency and so effortless to make. Plus, it has unparalleled popularity across the online gambling industry for a local payment method, so do not hesitate to give it a try whenever you can.
FAQs
Are online casino players allowed to gamble online in Brazil?
Given the fact the online gambling industry has not yet gone live in Brazil, players are frequenting offshore sites, considering no licensed Brazilian casinos are available for them to join.
Do Brazilian players ever get prosecuted for frequenting offshore casino sites?
No, not really. Considering the industry is not really regulated at the moment, players who frequent offshore sites are not prosecuted by the government. That will probably change once proper regulations are in place, as offshore sites will probably be blocked and players will only have legal sites to join.
Will I find Boleto Bancario across many international online casinos that accept Brazilian players?
Yes, indeed, you will. Here at WoO, there are over 270 legit sites you can join, that not only accept Brazilian players but also offer Boleto Bancario. This solution is truly popular across the online gambling industry, and that’s why so many operators are offering it to their respective Brazilian players.
Who can I get in contact with in case I experience an issue with my Boleto Bancario deposit?
In case something goes wrong with your Boleto Bancario deposit, you better get in touch with your online casino’s Support team. The agents should help you out as they are trained for issues with transactions. Or, you can always go back to the authorized store you purchased the voucher from, and see whether the issue occurred on their part.
Is Boleto Bancario on social media?
No, actually, it is not. Considering this is a product offered by EBANX, you may want to follow EBANX's social media profiles to find out more about it. Try its LinkedIn, Instagram, or Facebook profiles for more information on the voucher.