According to the newspaper, the unlimited number of draws and the larger prizes paid by the so-called 'Bets' (or fixed-odds bets, in which the player knows how much they will win if they win) have made fewer Brazilians willing to spend money on the animal game.
The average age of jogo do bicho bettors is another obstacle. The report states that most players in the illegal lottery appear to be over 50 years old.
In the words of the American newspaper, the betting companies move almost R$140 billion (US$ 23bn) in bets per year in the country. According to the report, the Brazilian government estimates that almost a quarter of the population has placed bets online in the last five years and that the average monthly expenditure on this type of expense exceeds R$20 billion (US$ 3.2bn).
Source: GMB
