{"id":4682,"date":"2024-01-16T13:22:49","date_gmt":"2024-01-16T13:22:49","guid":{"rendered":"https:\/\/www.newbettingsites.co\/?page_id=4682"},"modified":"2024-01-16T13:22:49","modified_gmt":"2024-01-16T13:22:49","slug":"betting-online-as-an-ex-pat-in-portugal","status":"publish","type":"page","link":"https:\/\/www.newbettingsites.co\/articles\/betting-online-as-an-ex-pat-in-portugal\/","title":{"rendered":"Betting Online As An Ex-Pat In Portugal"},"content":{"rendered":"
Having moved to the country of Portugal, I have witnessed steady growth over the last few years, most notably an increase in the number of people visiting – especially from the UK in addition to those establishing a permanent base there – particularly digital nomads, like myself.<\/p>\n
It is easy to see why. A slower, more relaxed pace of life, better weather, a cheaper cost of living and (if you\u2019re in the right place), the beach almost on your doorstep.<\/p>\n
As such, the country is also seeing growing interest in the sports betting industry. Currently, Betano and Betclick are considered to be the main ones, while 22Bet is also available in the country.<\/p>\n
Over the last two years, I have seen the gambling industry in Portugal showing robust growth, with a surging interest, mainly in online sports betting. Already, football teams have secured sponsorships with betting companies, most notably Betano (from 2021). This has been a driver of continuing betting interest, though there are others.<\/p>\n
With more and more people moving to Portugal from wealthier countries and enjoying the remote work \u2018revolution\u2019, earning considerably higher salaries than that of a Portuguese native, I have noticed that a percentage of them have a strong sports betting interest. Certainly, this is something that I have seen first hand, in addition to talking to many other people.<\/p>\n
Their higher amount of disposable income is understood to be a major factor; however, as referred to, they only have limited options when it comes to choosing a sports betting operator.<\/p>\n
As such, below, I have explained the process of opening and registering a sports betting account in Portugal to clear up any misconceptions that there may be.<\/p>\n
The first thing to do before you do anything is make sure that you have an address in the country when signing up for the Portuguese site of a sports betting operator. In order to do this, you need to make sure that you have a NIF number because local authorities need this so that they can approve your address in case that you find an apartment.<\/p>\n
When I did this, it wasn\u2019t with the intention of opening a betting account; however, I soon learned that this was something that you do need to do. It wasn\u2019t until after I had done this and a few of the other steps below that I realised that this would not have been possible if I had not gone through this process.<\/p>\n
As such, the next, recommended step is to register a Portuguese sim card that you can also use as part of your contact details – it makes the approval process go a lot faster. When I first arrived, I noticed that most travellers do this anyway, albeit just sim-only to get a better roaming experience.<\/p>\n
Following this, you are then free to choose your sports betting operator of choice. Because sports betting is relatively new in the country, each one has many different, attractive sign up offers available.<\/p>\n
If recent signs are anything to take into account, the next few years could prove interesting in Portugal in terms of the number of sports betting sites that register there. I certainly believe that there is a lot of scope for this to happen, though it depends on what value these firms believe that they can take from here.<\/p>\n
Each betting operator in the country has its own unique selling points. Betano is recognised as the undisputed sports betting operator in the country – indeed, the vast majority of Portuguese natives use this site due to its convenience, though the firm\u2019s marketing efforts have also been successful.<\/p>\n
For those moving to Portugal, signing up to a sports betting firm that is more widely known could be the best course of action – at least, this is what I have noticed lately among ex-pats, who prefer one that has a better reputation.<\/p>\n
Should more recognised companies become firmly established, they could have an impact based on having decent reputations in the industry due to covering a lot of different betting markets and sports, in addition to having in-play betting, the ability to stream games and, in some cases, better value odds.<\/p>\n
It really depends on what you are looking for. Many incentivise new customers with attractive sign-up offers, such as matched deposits and regular promotions.<\/p>\n
This is an important step that many ex-pats overlook when they want to register a sports betting account. There are a number of different bank accounts available in Portugal, though it requires you to book an appointment with your bank of choice. It really depends on which bank account that you register with, in terms of how long it takes. Personally, I went with Santander, because I already had a UK Santander account.<\/p>\n
In order to do this, you need to have all of the requisite steps in place, such as a NIF number, proof of address and Portuguese number. Having a Portuguese bank account makes it a lot easier to sign up for a sports betting site, especially if you plan on staying in the country and using these sites on a regular basis.<\/p>\n