What are the differences between ‘betting’ and ‘gambling’?

Betting sites online – calls bets – It is becoming more and more popular in Brazil. These betting sites, which were legalized in the country in 2018 by the decision of the then president Michel Temer, are still in the process of being regulated here.

Basically, These are sites where users can place bets on all types of sports – from small competitions to international tournaments. Two terms are often used in this context: gambling This bet. But what will be the difference between them? Check out the description below!

What is the category? gambling in the bet?

Practical gambling It means: participation in gambling whose outcome is directly related to luck. In other words, players have no control over the outcome of the game. This includes games such as roulette. pokerslot machines etc.

HE gambling They are generally understood as games that, in addition to their entertainment purpose, also include:

• Direct or indirect payment of the prize if the player wins the bet;
• The reward may or may not be financial (e.g. gifts, points in loyalty programs, discounts, etc.);
• The reward is based on participation in a game that is more about luck than the player’s personal skill.

It is what it is bet in sports betting?

HE betOn the other hand, it relates to the act of betting by focusing on a specific outcome. The player runs the risk that, for example, a conflict between two football teams will lead to a certain outcome.

Then, HE bet It has much less to do with luck or bad luck, but rather with the individual assessment that such a phenomenon is likely to occur. In practice this means you can: bet in anything: sporting events, political decisions, cultural events, etc.

In other words, it’s very different from this gamblingThis works exactly as a bet on “darkness”. It can be said that bets They often involve both knowledge of a topic (for example, about the sports scene) and the possession of certain skills, such as dealing with the probabilities of an event occurring.

Legality or illegality of applications gambling in brazil

This practice in Brazil gambling It falls under Article 50 of the Criminal Offenses Code, which prohibits games of chance based on the presence of three elements: response, reward and chance.

Then, Any app containing these three pillars is considered illegal in the country. Lotteries operated directly or indirectly by the State, such as Lotto and Mega Sena, are exceptions.

As explained before, in this definition, gambling Practices that centrally promote the use of luck, not the superiority of skill. For example, sports poker launched.

There have been some recent initiatives aimed at loosening restrictions on Brazil’s regulated gaming market. In 2022, there was bill number 442. expanding the possibility of hosting casinos and other applications gambling in the country. The project was approved in the Parliament in 2022, but no further progress was made.

Already bet, Is it legal in Brazil?

Yes definitely these betting sites were legalized in Brazil in 2018, but only as long as they occur in a virtual environment rather than a physical one. Therefore, people who make their games on these platforms are not committing illegal actions.

However, there are some privileges: only people over the age of 18 can register and save bets, and certain people (such as football managers, coaches, sports administrators, referees and players) cannot participate.

But there are still some complexities regarding this issue. Although betting companies are not illegal online They are not yet regulated, which means their operations still operate in some uncertainty.

Without regulation there is no control and therefore There is no complete certainty about the nature of the activities of these companies. For example, there may be deterioration in results and premium payments.

There is also the suspicion that some of them may be front companies for money laundering (in the case of financial practices intended to hide or disguise the illegal origin of values).

Bet This gambling: luck or skill?

If you are interested in joining this world of betting even for fun, that is, without including the possibility of winning or losing money, you may be in doubt about which of the two applications is which (bet This gambling) It involves more luck or the presence of some skills.

As we explained before, gambling It is a type of betting that prioritizes luck. In other words: the player has little influence on the outcome of the game. and rely solely on your luck (or bad luck). For many people, such games can bring more excitement because the outcome is completely unpredictable.

This does not mean that some games of chance do not also require some knowledge and skill. For example, in a card game, a player tends to get better results if he manages his cards wisely. However, the luck factor outweighs.

Already bet May request to know more about a particular topic. To know which team can win a match best, it is necessary to analyze various complex factors such as previous results, style of play, competence of team players.

Of course, the luck factor also comes into play (after all, as the saying goes, “football is a box of surprises”), but the bettor will use his analytical skills much more while playing. Therefore for many people HE bet It will be constructed as the perfect combination of coincidence and intelligence. This is an advantage, plus the fact that the practice is legal in Brazil.

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