In recent years, Brazil has become one of the most exciting new frontiers in the world of sports betting. Once a relatively untapped market, the country’s passionate sports culture and the rapidly changing legal landscape have ignited an explosion in the industry. For affiliate marketers, it means a crazily amazing variety of opportunities to cash in.
With more Brazilians engaging in online betting than ever before, the opportunity for growth seems limitless. But what’s driving this surge? From the nation’s passion for soccer to the new regulations, let’s explore why sports betting is booming in Brazil – and why it’s the perfect moment for affiliate marketers to get in on the action.
Spoiler: top betting offers for the Brazil GEO are included.
Not Just Soccer
Although Brazil is most famously associated with soccer, the country’s sports prowess extends far beyond the pitch. From volleyball and basketball to tennis, MMA, and even Formula One, sports are deeply woven into the fabric of daily life and are central to Brazil’s national identity. Adding to this dynamic is a youthful population that’s enthusiastic about gaming. With over 184 million people using the Internet, the stage was set for explosive growth in sports betting and iGaming. As the regulation of sports betting gains traction, the industry is poised for even greater opportunities ahead.
Legal Regulations for iGaming in Brazil
A major shift towards defining the basic rules of operation in the betting market began on December 30, 2023, when a bill laying the foundation for sports betting and iGaming regulations was passed. Although a few sections were vetoed, these are now rumored to be under review.
The finalized regulations are expected to be rolled out later in 2024, marking a critical turning point for the industry. The overwhelming interest from operators — 130 of whom have already applied for licenses — illustrates the immense potential this new framework holds for the Brazilian iGaming market.
Before this bill, more than 450 online platforms were already operating in the country. With the new regulatory structure, the sector is likely to see substantial growth in local job creation, revenue, and overall value, benefiting every link in the online gaming chain.
Prospects of iGaming in Brazil
Brazil’s iGaming industry is on a rapid upward trajectory, with 2024 revenue projections expected to hit an impressive $600 million. By 2028, the user base is anticipated to grow to 2.3 million, contributing to a staggering market volume of $3.63 billion. The average revenue per user (ARPU) is projected to be around $300, underscoring the potential for high profitability in this fast-evolving sector. As the seventh most populous nation in the world, with a population of over 217 million people, Brazil is primed to become a significant player in online gambling.
This surge in growth is driven by new legislation, unlocking a vast sea of opportunities. For affiliate marketers, the time to dip your toes in the water has arrived. Let’s dive into the sports betting affiliate programs in Brazil and start exploring this booming market.
Top Sports Betting Affiliate Programs for the Brazil GEO You Don’t Want to Miss
1. Blaze Affiliate Program
CPA: R$141
Cookie window: 30 days
Hold: 45 days
AR: 100%
2. Estrela Bet Affiliate Program
CPA: R$32,5
Cookie window: 30 days
Hold: 45 days
3. MrJack.Bet Affiliate Program
Increased CPA: R$100
Cookie window: 30 days
Hold: 60 days
AR: 100%
4. BetNacional Affiliate Program
Increased CPA: R$100
Cookie window: 30 days
Hold: 60 days
AR: 100%
5. PagBet Affiliate Program
Increased CPA: up to R$100
Cookie window: 30 days
Hold: 40 days
AR: 100%
6. JonBet Affiliate Program
CPA: R$73,71
Cookie window: 30 days
Hold: 28 days
AR: 100%
7. BdmBet Affiliate Program
CPA: R$52,8 BRL
Cookie window: 30 days
Hold: 60 days
8. Bet On Red Affiliate Program
CPA: R$45,5
Cookie window: 30 days
Hold: 60 days
9. Elisa Bet Affiliate Program
CPA+RevShare: R$18, RevShare 40%
Cookie window: 30 days
Hold: 7 days
10. Br4bet Affiliate Program
CPA+RevShare: R$18, RevShare 50%
Cookie window: 30 days
Hold: 45 days
Takeaway
Brazil’s sports betting and iGaming industry are on the brink of extraordinary growth, fueled by a combination of legal reforms and a sports-obsessed culture.
With projections pointing to billions in revenue and millions of new users, the opportunities are too massive to ignore – especially for affiliate marketers ready to tap into this lucrative market. As regulations fall into place and the industry matures, Brazil is primed to become a global iGaming powerhouse.
Now is the time to stake your claim in this thriving sector. The groundwork has been laid, the potential is sky-high, and the rewards are just waiting to be unlocked. Don’t miss out on this golden opportunity – Brazil is ready, are you?
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| Disclaimer: Before launching your betting advertising campaign, please ensure that it is legal in your target region. Always verify local regulations to stay compliant. |
