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Data released by the Ministry of Finance in Brazil shows that most people who use sports betting and online gaming platforms spend modest amounts each month. The figures also give a clearer view of age and gender patterns across the regulated market.
Good to Know
The figures, sourced by Pay4Fun and reported by Tácio Lorran column in Metrópoles, came from Ministry of Finance data obtained through the Access to Information Law. They suggest that low monthly spending remains the norm for a large share of Brazilian bettors.
More than half of users, or 53.4%, spend up to R$50 a month on sports betting and online gaming. Another 11.45% spend from R$50.01 to R$150, while 6.4% fall in the R$150.01 to R$300 range. A further 9.4% spend between R$300.01 and R$1,000.
At the upper end, 19.5% of bettors report monthly spending above R$1,000. That group is estimated at roughly 4.3 million people.
The data also shows a clear gender split. Men account for 68.2% of bettors, compared with 31.8% for women.
By age, the largest group falls between 31 and 40, at 28.63% of total users. Bettors aged 25 to 30 represent 22.21%, while those aged 24 and under account for 22.06%. Participation then drops with age, reaching 17.20% for ages 41 to 50, 7.02% for ages 51 to 60, 2.17% for ages 61 to 70, and 0.60% for those over 70.
Leonardo Baptista, chief executive and co-founder of Pay4Fun, said the numbers point to a market where most activity stays at lower spending levels:
“We need to understand that Brazilians like to have fun, and the entertainment industry is there.
“Focusing on prohibition will only take away what is currently a regulated market, with rules and support, and push it all into the illegal realm, which has no support, no control, and no guaranteed prizes.”
The survey did not identify which platforms bettors use most often. It also did not break down the most popular games or wager types.