Best Boleto Bancário Casino Sites in 2022
Boleto Bancário (known locally as Boleto) is a Brazilian payment wallet that caters to the population that prefers to spend in cash or does not own a physical bank account. With around 35% of Brazilians not having access to a real bank account, this is one of the most popular payment methods. Find out all about Boleto Bancário and how it works on the page, and check out our list of the best Boleto Bancário casino sites.
Online Casinos That Accept Boleto Bancário
|Raptor Casino Visit Raptor Casino Review|
Story Behind Boleto Bancário
Boleto Bancário was founded in 1993 for the population of Brazil to make spending online easier and accessible to users who prefer to deal mostly in cash transactions and who do not have access to a physical bank account. Locals in Brazil can visit their closest bank cashiers, post offices, and lottery agents anywhere in the country to make cash deposits or withdrawals from their Boleto accounts. When you have handed over your money to the cashier, they will issue you a barcode ticket with a valid ticket number that you will use when spending with Boleto.
The Federation of Banks of Brazil regulates Boleto Bancário to ensure that they comply with all the country’s regulations and safeguard the money and information of their users. With gambling becoming more popular across the country, finding a safe and reliable payment method when gambling online is imperative, so Boleto is such a popular payment method.
How to Deposit Using Boleto Bancário
Before you can deposit into your online casino account using Boleto Bancário, you must have your Boleto ticket with a valid barcode on hand. Once that’s done, here’s how to make your deposit:
- Find an online casino that accepts Boleto deposits and open an account.
- Open the banking page and select Boleto from the available payment methods.
- Enter your deposit amount.
- Enter your Taxpayer Registry Number (CPF).
- Enter your Boleto voucher number and hit submit.
- You will be redirected back to the casino once your transaction is approved.
Boleto Bancário Deposit Fee
Boleto Bancário does have several different fees that can be charged when spending online and purchasing your ticket, and the amount can range depending on how much you are looking to spend. When buying online with Boleto, you will have the option to hold a valid available ticket or make the transaction and pay it back within ten days. The longer you wait to pay this back, the more you will pay.
These fees will range between R1 and R12, and until you pay it, your online purchase will not be made either. If you surpass the ten days, then Boleto Bancário may cancel your transaction and add a cancellation fee. In addition, when cashing out your Boleto tickets, the issuing bank, post office, or lottery agent may incur a fee for each access.
The good news when using Boleto at the best 10 online casinos, though, is that neither Boleto nor most online casinos will charge any additional fees to use them. The only stipulation is that the casino will accept the local currency, and the transaction is not international. Boleto will only issue tickets in BRL, and if your casino does not buy this currency, there will also be a conversion fee added.
Boleto Bancário Withdrawal Speed
The main downside when using Boleto Bancário to gamble online is that no casinos will accept this as a valid form of withdrawal method. Due to this being a ticketing system, there is no way for the casinos to issue these online and customers to cash them locally. Users are encouraged to add a payment method to their accounts to withdraw their funds. The easiest way to do this is via bank transfer.
For users who do not have a physical bank account and are looking for different ways to withdraw online, there are other ways to do this, such as opening a mobile e-wallet. Still, most options can be discussed with the service team at your online casino.
Fastest Paying Boleto Bancário Casinos in 2022
The payout speed depends on the casino itself and will not consider this deposit method when reviewing since users cannot use it to withdraw. Usually, a player requests a withdrawal is passed on to a payments team to process and approve. A lower quality casino may take longer to do this and so cause delays in getting your cash. Therefore, it’s important to choose one of the best Boleto Bancário online casinos, like those listed below:
|No.||Online Casino||Boleto Deposit||Boleto Cashout|
|1||Jack Million Casino||Yes||N/A|
|2||Vegas Plus Casino||Yes||N/A|
|8||Jackpot City Casino||Yes||N/A|
Pros & Cons of Boleto Bancário
Boleto Bancário is one of Brazil's most popular payment methods, with over 25% of transactions in the country using this method. That said, there are still some downsides to using them. Here are our pros and cons of using Boleto Bancário to gamble online:
- No additional fees when depositing into your casino account
- Boleto Bancario is extremely safe to use
- No bank account needed
- Extremely popular and accepted at most casinos that operate in Brazil
- Slow deposits that can take up to 3 days to arrive into your account
- Monthly transaction limits which can be imposed depending on account verification
- Gamblers cannot withdraw back to this payment method
Special Casino Bonuses Using Boleto Bancário
Boleto Bancário deposits are not instant into your casino account and will generally take three days. This can limit the bonuses that users with this deposit method can claim.
With Boleto being such a widely used payment method in Brazil, many casinos in that region have catered specifically to this payment method, though, and there are still options available. Make sure you review the full terms and conditions of these bonuses before taking part to cover all the needed criteria, and your deposit will go through within the selected dates.
Some of the most popular bonuses claimed using Boleto include casino welcome offer, Deposit and No Deposit offers, Cashback Promotions, and Free Spins.
Customer Support at Boleto Bancário
Because Boleto Bancário is a different payment method and can be used at so many outlets across Brazil, there is no one specific customer service team. If you are having issues with your Boleto ticket, then the best place to speak to is the outlet that this was issued at, or if you are unable to use the ticket online, you can request to speak with the casino customer services team. If you wish to make any official finance complaints against Boleto Bancário, you can reach out to the FEBRABAN or the Brazil Central Bank, who will review your complaint.
Payment Methods Similar to Boleto Bancário
While Boleto is such a widely known payment method and makes millions of transactions each year, this payment method might not appeal to everyone for different reasons. If you are looking for alternative ways to spend online, here are some similar options:
Security of Boleto Bancário Online Casinos
Boleto Bancário is one of the safest payment methods available in South America because users do not need to add their financial details when making payments. While there is the option to add your card when paying, these details are only provided to Boleto Bancário, and a ticket is issued with the payment details, meaning none of your data is passed to merchants or third parties.
While we have specifically vetted each online casino recommended on this page, if you are opting to play with an international casino that is not mentioned here, then you should be vigilant with your personal and financial information. Before registering at any online casino, you should check that it is properly regulated and licensed by a recognized gambling body. This means that the casino is compliant and is subject to regular checks for safety and fairness.
Using Boleto Bancário to Gamble
Boleto Bancário is a widely used payment method across Brazil and is used at most casino sites that operate in the county. Users will have to pay a transaction fee when purchasing their ticket, depending on how much the transaction is worth.
Users will also have the option to make their purchase online through Boleto before making the payment, and if they would have ten days to do so, the fees will go up the longer they wait to pay. When using this payment method, it is worth noting that users cannot make withdrawals back to Boleto and will have to have another payment method on hand.
Boleto payments can take up to 3 days to appear in your casino account, so prepare to wait.
License and Address of Boleto Bancário
Boleto Bancário is currently regulated by the FEBRABAN under the Brazil Central Bank. They do not hold any physical offices of their own, but users with discrepancies can reach out to these two organizations for assistance.
Boleto Bancário Casinos FAQs
Haven’t found what you’re looking for yet? Then check out the answers to our most frequently asked questions below:
Can I use Boleto Bancario at online casinos?
Yes, many casinos throughout Brazil will accept Boleto deposits, however, this option will not allow users to withdraw, and you will have to have another available payment method on hand to do so.
Is Boleto Bancario free to use to gamble?
Boleto will not charge users to make deposits into your casino account, however, there are fees for late-payments and for purchasing tickets which will vary.
Which countries accept Boleto Bancario?
Boleto tickets are only available to buy in Brazil for taxpaying residents with a CPF tax number.