DOM 19 DE MAYO DE 2024 - 07:55hs.
An increasing phenomenon

Sports Trading: Bettors "specialize" and add fans in Brazil

Casinos have been banned in Brazil for decades, but the Brazilian's taste for betting is never over. Unlike gambling where the bettor can only count on luck to win, the sports trading has already become a profession that requires dedication, training and constant updating. It is a form of investment based on financial movement from the odds of results of the games and football scores.

From time to time legal and illegal alternatives to betting lovers are emerging. For a while the bingo game and the slot machines were allowed in major Brazilian cities and then banned. Not to mention the federal lotteries, which allow gamblers to dream of new life and fortune.

Due to the fact that lotteries are an important source of income for the government, this type of betting is encouraged: recently Caixa Econômica Federal has launched a website where it is possible to bet online on lotteries.

But much more than fun or dream, sports betting has been turning into a profession. Unlike gambling where the bettors can only count on luck to win, the sports trading has already become a profession that requires dedication, training and constant updating. It is a form of investment based on financial movement from the odds of results of the games and football scores.

In Brazil football matches are one of the favorite pastimes of the population, according to the Target Group Index. 70% of Brazilians are dedicated to watch sports programs and football matches through TV and internet. Main sporting event of the country, the Brazilian Championship, is attended by millions of people in Brazil and in the world. The interest is so much that it has attracted the attention of those who like to join the useful to the pleasant to turn this fun into a new profession.

Sports Trader profession demands dedication

Traders are specialized bettors who, in many cases, are fully engaged in the practice of online gambling. The gains obtained vary in average between 10% and 50% of the value of the bank, name given to the amount bet by each player, acccording to the main traders. But for online betting to become the player's livelihood, it takes dedication. Study materials do not lack on the internet. Be it through articles, ebooks, videos or even courses offered by famous and very successful traders, the important thing is to study.

Routine inspired by the Stock Exchange

Sports betting operates similarly to the Stock Exchange, especially when it comes to sports. In the betting market, corporate stocks are replaced by sports matches - not just football, but sports - that offer hundreds of possibilities for investment.

In the case of football, the most popular sport in Brazil, it is possible to bet on the winner of the match, who will score more or fewer goals and at what time of the game, in number of corners and, of course, try to hit the final result of a match. In this way, the trader will conduct his buying and selling operations, before and throughout the games. The profits are called 'greens' and the losses, inevitable for those who decide to take this route, are the “reds”.

Much more competence than luck

Continuing in the corporate world, data analysis is as important to betting as it has been to business. Knowing in depth the disciplinary and physical indexes of each team, the schedule, the characteristics of the players, the history of the clubs, and the panorama of the league in which the bet will be made, will be differential for the bettors much more valuable than sporadic blows of luck.

To maximize profits, it is important to note the liquidity - volume of money involved - of each league or modality. Emotional balance is also fundamental. Knowing when to be more aggressive and when to stop are indispensable attributes for the successful online gambler and are things that only time and experience can teach.

To succeed in the trader's career, the key is specialization. Therefore, concentrating bets on a single modality is the most prudent attitude. If it is already difficult to master all the main aspects of a single sport, it is even more difficult to become an expert in various modalities. The pursuit, just as in any profession, must be for the knowledge that will lead to excellence.

Brazilian government works to regulate betting

Waiting for regulation by the Brazilian Congress that still evaluates the liberation of casinos in Brazil, these sites are based in other countries with specific laws to this practice. If they were released in Brazil they could become an opportunity to increase tax collection and investments in so many needed sectors of the country, such as Education, Health, Safety and many others. 

Needing to raise more to rebalance public accounts, the federal government has spared no efforts to try to pass Senate Bill 186/2014 that would regulate the operation of casinos and betting sites in the country, while protecting transactions originated in these practices.

There are different proposals being discussed in the Legislature. With an election on the horizon, the trend is that the definition on the subject will only occur early next year. Meanwhile, Brazil's presidential candidates have already expressed their views on betting regulations in the country. Online betting sites are already in place and will continue to exist. In the best possible scenario, not only traders can win with online bets, but Brazil too.

Source: GMB / Alagoas 24 horas