Paysafecard Betting

Paysafecard Betting

This caused some of the leading names in the betting and gaming industry to depart from the Portuguese market Additionally, each approved applicant is supposed to put forward a performance bond, amounting to €500,000 and another one of €100,000 as a guarantee that excise taxes will be paid. Fortunately, punters are not required to pay taxes on their winnings. In July, 2014, the country’s authorities agreed to enforce these changes and issue licenses to international bookmakers so that they can legally operate on the territory of Portugal.

Punters from this location can click on the drop-down language menu and select their native language. Live betting markets are available on a great array of sports – tennis, soccer, basketball, cricket, golf, hockey and snooker. If betting on races is more to your liking, you can choose between horse and greyhounds racing. Apart from betting on the races, punters are able to watch a live stream from some of the most prestigious tracks in the UK – Leicester, Chelmsford and Catterick. Streaming from the Vaal track in South Africa is also available. Another popular sport in Portugal is futsal, which is a soccer variation played by five players in an indoor venue.

Whether you are looking for a past payout, by betting on 20/20 cricket or one-day internationals, or looking for that slow burner, with the 4-6 days tests, our cricket page can help you out. We offer all the info you need to start betting on the big events in the cricket calendar, such as cricket world cup and of course, the ashes. As well as the domestic meets such as country cricket and the Indian Premier League, to name just a few. Betting on Horse Racing backdates hundreds of years and is where some of the most popular bookmakers today cut their teeth on real-world racetracks. Over the course of its history, Horse Racing has become more than just a sport for Brits, but part of the culture, with even the Royal Family frequenting Horse Racing tracks numerous times every year. Therefore, it is, of course, natural that our site will also guide you through betting on Horse Racing events throughout the year too. Of course, this includes betting on the big events in the Horse Racing calendar, such as the Grand National and the Gold Cup, but is not limited to just these events.


Meanwhile, their national team ranks high in international championships every year. For instance, in 2010, Portugal was ranked third by FIFA. Furthermore, some of the most talented soccer players are born and raised in Portugal – Christiano Ronaldo, Ricardo Quaresma and Simão Sabrosa, to name just a few. However, wagering on foreign leagues is also common as bets are often placed on events from the English Premier League, Serie A, La Liga and UEFA’s Champions league. The variety of betting options for football is quite staggering. It is the Tourism Institute of Portugal and its regulatory commissions that inspect and regulate the online sports betting market in the country. While these changes are expected to lead to a market expansion, it’s quite possible the opposite result will be at hand.

Our guides can help assist you with weekly tracks meets happening across the UK, both straights and hurdles. There are so many online bookmakers available in UK and so many betting options that it is easy to get overwhelmed. Betting at this bookmaker comes with a number of advantages. The website features In-Play betting, Live Streaming, Live Calendar, Live Score and Statistics sections.


Portuguese citizens take a great deal of pride in their professional futsal league, called 1ª Divisão. Of course, one of the best ways to back your favorite futsal team is to place your bet in its favor. Fortunately, a great number of web-based bookmakers list this game among their betting options. The country’s presence in international soccer remains strong to this day – Portugal boasts several of the best teams in Europe. Some of the names worth mentioning include Boavista , Benfica and Porto.

Some of the most popular betting options include soccer, basketball, golf, cricket, tennis, American football, horse racing and ice hockey. Portuguese punters can bet on their favorite sports like futsal, handball and volleyball. Unibet is considered to be one of the largest web-based sportsbooks in Europe. This bookmaker is legal, fair and transparent as it operates under a license issued by the Maltese Gaming Authority. Its reputation is further cemented by the fact Unibet has over 10 million registered customers from 100 countries throughout the world. Portugal is one of the territories where Unibet offers its services.

As is usually the case, betting providers that have obtained licenses to operate in a given country are expected to pay taxes on their profits. Unfortunately, the percentage demanded by Portugal’s regulatory authorities is considered to be quite high as it ranges between 8% and 16% of the respective bookmaker’s gross profits in the country. Meanwhile, web-based casino and poker operators are required to pay a tax starting at 15%. For established gambling providers, the percentage might reach up to 30% of their gross gaming revenue. As you can imagine, its difficult to pay such a great percentage of one’s revenue and still generate profits.