Don't have an account?Sign up

Stay logged in Forgotten password

Banco do Brasil Casinos

Banco Do Brasil CasinosBanco do Brasil (which, if you haven’t worked it out already means ‘Bank of Brazil’) is the most popular, longest-established and most trusted financial institution in Brazil. It is a national bank that’s majority-owned by the government of the country.

Most people in Brazil who have banking facilities will have a Banco do Brasil account as Brazil is a country with a population of over 200 million people, making for a lot of bank accounts, and a lot of money! It is not surprising then that Banco do Brasil has total assets of over $400 billion.

Brazil has a slightly backwards attitude to gambling, and its gambling laws have not changed since the 1940s. All forms of gambling aside from lotto games and poker are technically illegal in the country. However, gambling does occur in this country (especially sports betting), and it is largely unregulated. If you gamble online in Brazil, then it is done so at your own risk. However, if your gambling is not linked to any criminal activity (such as money-laundering) then generally it is unlikely that you will be prosecuted.

A Brief History of Banco do Brasil

The Banco do Brasil was established as long ago as 1808 by the then Prince John who became King John VI of Portugal. At the time Brazil was owned by Portugal and remained so until independence in 1821 at which time the bank suffered bankruptcy as King John VI left Brazil for his native realm.

For a time the Banco do Brasil served as Brazil’s national bank, but that ceased in 1964 when the Brazilian government created the Central Bank of Brazil. The separation was completed in 1987 since when the bank has been run as a commercial bank by the government and its partners.

As well as being the number one bank in Brazil for residents and Brazilian companies, Banco do Brasil runs operations in countries all around the world, including Argentina, the United Kingdom, the United States, Spain, Italy and France.

Banco do Brasil – Pros and Cons


  • Easy to use – you probably already have a Banco do Brasil account if you reside in Brazil.
  • Easy to set up an account if you don’t have one.
  • There should be no fees to contend with.


  • Not many online casinos will accept Banco do Brasil payments.

How to use Banco do Brasil at Online Casinos?

Naturally, you will need a Banco do Brasil account to use this payment method at a trusted online casino of your choice. If you are in Brazil, you probably already have a Banco do Brasil account, and if not, it is straightforward to open one. You can visit any of the many Banco do Brasil branches available in the country, or you can – if you are allowed to – open an account online. Of course, you can use the full range of Banco do Brasil facilities online, including the Banco do Brasil online app for phones and tablets.

As part of your, Banco do Brasil account you should be presented with a Visa card. If not, then you can request one. When you want to make a payment to an online casino, you use the Visa card you have issued. Go to the cashier and choose Visa as your payment method. Enter the amount you wish to deposit and your card number. You will also need to complete further identity checks. Once everything has been deemed okay, your money will be transferred. You should not be charged any fees for making deposits via Banco do Brasil at online casinos.

Withdrawals should be easy to process via Banco do Brasil at online casinos – it is simply a matter of reversing the deposit process. Enter the amount you want to withdraw at the casino’s cashier. In all probability, you will have needed to have deposited your Banco do Brasil Visa card before you can withdraw.

There should be no fees to pay when you make a withdrawal this way, and your money should be with you within three days. If your online casino makes charges for withdrawals, or if it takes longer than five days to process your withdrawal, then you probably need to search for a new online casino.

Great care should be taken when you choose an online casino to use your Banco do Brasilia account. This is because Brazil is an unregulated market meaning that unscrupulous casinos may seek customers from Brazil to cheat them. Choose a casino with a licence (never wager at an unlicensed casino) and do not deposit large amounts of money into your casino account, to be safe.


Like many jurisdictions throughout the world, the legal status of all forms of online gambling in Brazil is cloudy. Gambling is prevalent throughout the country (mainly sports-betting powered by the Brazilians’ excessive love of football), yet Brazil’s gambling laws have remained unchanged basically for eighty years.

Unless any gambling is linked to some other illegal activity, it is not likely for someone to be prosecuted for gambling in Brazil. Using your Banco do Brasil account to fund wagering is a simple process. Remember, though – always gamble responsibly!


  • Boomerang Casino
  • Boomerang Casino

    UP TO €500 BONUS & 200 SPINS
    United StatesRestricted in United States

    For new players only. (18+) The minimum deposit is €20. The maximum bonus is €500 & 200 free spins (20 per day for 10 days) The wagering requirement is 30x the deposit and bonus. Full T&C’s apply.

    Visit Casino
    Read Review
  • 4.5
  • Brazino777 Casino
  • Brazino777 Casino

    United StatesRestricted in United States

    Available only to new Brazino777 players. The 1st deposit must be at least $ €10 or above. Maximum bonus is $ €200. Wager of 100% 1st deposit is X30 for casino games, which means that the player must place bets in casino games for a total amount exceeding 30 times the amount of the bonus. Full T&C’s applies.

    Visit Casino
    Read Review
  • 4.7
  • Spinfinity Casino
  • Spinfinity Casino

    250% WELCOME BONUS UP TO $2,500
    United StatesAllowed in United States

    Qualified for the first 5 deposits with minimum deposit of $35 or higher while it is only a $10 minimum deposit with Bitcoin. Players have to be 21 and over or the legal of age of your jurisdiction. Wagering requirements of 40x the bonus must be complete before withdrawals can be done. Having said that, additional T&C’s apply.

    Visit Casino
    Read Review
  • 3.8
  • MelBet Casino
  • MelBet Casino

    100% BONUS UP TO AU$145
    United StatesRestricted in United States

    For new depositing players only. 18+ to play & minimum deposit €10. Max stakes €5 & wagering requirements of 40x. Must complete within 7 days upon registration. Full T&C’s apply.

    Visit Casino
    Read Review
  • 4
Showing 1-4 out of 4

Banco do Brasil FAQ

  • Will I get into trouble if I use my Banco do Brasil account at an online casino?

    It’s very unlikely. Gambling laws in Brazil are so ancient they do not even mention online gambling. We don’t think anyone has ever been prosecuted for using a Banco do Brasil account at an online casino.

  • Are there ways beside Visa of using a Banco do Brasil account to wager online?

    That depends on any other services you have set up with your Banco do Brasil account, such as Apple Pay, Google Pay or a direct bank transfer.

  • Do I have to use a Banco do Brasil account to wager online in Brazil?

    No – you could use an account you have with another bank or an alternative service such as PayPal.

  • Why should I never gamble at an unlicensed casino?

    Because they cannot be trusted, you are putting yourself greatly at risk if you gamble at an online casino that does not have a licence of any kind.

Follow Us

Subscribe to our newsletter

Play Responsibly and in Moderation

Disclaimer: NewCasinos.org is an entirely independent source of information about online casinos, online casino games and online gambling in general. It is not tied to, controlled by or directly associated with any specific gambling operator. All information present upon the site is provided independently and honestly. It is created by experts in the field of online casinos and associated topics which are not tied to or influenced by any specific gambling operator. Please be aware that our content creators receive remuneration for the information they provide, but that remuneration is provided solely by NewCasinos.org. All information presented on the site is provided for illustrative purposes only. It cannot and should not be relied upon or construed as legal advice. If you use the services provided by any online casino or gambling services provider no matter your jurisdiction, you should always do so in a way that meets all regularity requirements. Copyright ©