A survey conducted by Datafolha indicates that 46% of bettors use betting sites as a way to generate extra income.
The data reveal how Brazilians behave in relation to betting sites and show that the practice is seen not just as leisure, but also as financial support.
As disclosed by Datafolha, the survey was conducted with 2,002 respondents, aged 16 or older, in 117 Brazilian municipalities, between April 8 and 9.
Main findings of the survey
According to the indicators, 5% of the total population bets to supplement their income. On the other hand, 1% have already used money intended for bills to make bets.
Looking at the reach of betting sites in Brazil, the Datafolha survey also showed that 10% of Brazilians say they bet online, with 2% doing so always or frequently.
Regarding the profile of bettors, men appear as those who bet the most, totaling 14%, while 7% of women place bets.
The practice is also more prevalent among younger people, with completed high school education and a monthly income of up to two minimum wages.
Scenario drives responsible gambling measures
Even with restrictive laws, the data presented by Datafolha, as well as recent political developments, indicate that the player profile will influence the market.
There is a trend toward creating more incisive consumer protection measures, as well as restricting and overseeing betting advertising.
It is also possible that there will be changes in responsible gambling policies and the compliance required to operate in the country.
The results also reinforce the government’s concerns regarding household debt, one of the topics of the Betting Parliamentary Inquiry Committee (CPI).
In a statement to ICL, President Luiz Inácio Lula da Silva went so far as to say that, if it were up to him, bets would end in Brazil.
Although party leaders indicate that the market will not be shut down, the government is already taking steps to increase oversight and produce studies on the sector.
For example, the SPA, in partnership with Ipea, will create indicators on the betting market in the country.
Amid this, Lula is reportedly preparing a decree that will affect companies and bettors.