The Brazilian wins BRL 1 million in a fantastic game. Is it a gamble? How does it work? – 05/25/2022

Virtually every Brazilian is already the “coach” of his favorite team. Do you always have an opinion on who is playing well, who needs to change, who needs to sell to another club? But there are people who have turned this “bar talk” into a profession – and thus make a lot of money.

Amazon’s Gerlison Ferreira was the first to make $ 1 million in the so-called “Fantastic Games,” a game in which sports teams are run virtually but with real athletes playing in real teams. If you choose an athlete who performs well in “real life” championships, you will receive points and even prizes.

In the country, this type of entertainment already generates an annual revenue of Rs 66 million. TechNavio, which analyzes global markets for new technologies.

“News [de R$ 1 milhão acumulado em prêmios] “It surprised me,” Ferreira said. “What I really want to do is live a better life for my parents, who have always fought for me.”

Gerlison Ferreira was the first Brazilian to win BRL 1 million in fantastic game bets

Photo: Disclosure

350 times increase in three years

The so-called The United States, the pioneer of sports technology (sports technology companies), moved more than BRL 44 billion into the sector in 2021. The global market, valued at $ 26 billion, is projected to grow by 120% by 2026. .

In Brazil, according to a 2021 survey by accelerator Liga Ventures, there are already 106 sports equipment in operation. The leader in short shot modality, Rei do Pitaco, has grown 350 times since its inception in 2019. His app has garnered 3.2 million downloads. More than 100,000 users have already been rewarded with a total value of R $ 50 million.

“Our mission is to change the lives of people who are passionate about sports, and therefore we are constantly creating leagues to entertain and encourage our players to reach their goals off the field. $ 5 million in prizes,” said Mateus Dantas, CEO and CEO. – Founder of Rei do Pitaco.

Its direct competitor, Cartola FC, also defended the idea of ​​delivering active profits to customers in each round, and this year announced the arrival of the Cartola Express.

Cartola FC was founded in 2005 and is the second largest fantastic game in the world, reaching 30 million downloads and 6 million active teams in 2021 alone.

Watching the cup

In addition to prizes and millionaire leagues, Ray Do Pitaco hired streamer Casimir this year. Sponsored by Sports Technology and partnered with Clube Athletico Paranaense, Casimiro will broadcast 19 matches of the Brazilian Championship live on Twitch.

“I’ve always liked fantastic football games. My audience also plays and expects this type of content in life,” explains the influencer, who has 2.4 million subscribers to his Twitch channel.

“Now I always choose my team and I constantly receive messages from nerdolas showing that they made money with the app. I recently got a print that won almost $ 4,000 with the team he created,” he says.

The 2022 World Cup, to be held later this year, promises to further heat up the market for innovation and technology for startups in this world. “We have high expectations for that date,” Dantas said, without elaborating.

Rei do Pitaco - Disclosure - Disclosure

Fantastic game platform Rei do Pitaco interface

Photo: Disclosure

Is there a law that governs a fantastic game?

Fantastic games are not considered “gambling”. They are defined as skill games, i.e. the outcome depends on the player’s skill and not on a future and random event.

“Brazil does not yet have specific legislation governing betting applications,” said Roberto Vasconcelo, a professor of criminal law and professor of criminal law at Gama. However, PL 442/91, recently approved by the Chamber of Deputies, forms the regulator. Framework for Gaming in Brazil and allows the practice and operation of gambling and casinos in the country.

Among the main rules of this gaming regulatory framework are:

  • Permission to practice and use games and bets in physical or virtual establishments, provided that they have the consent of the Government;

  • Establishment of a national gambling and betting system (Sinai) consisting of a federal regulator, gambling and betting operators, tour operators and gambling and betting agents, auditing companies and market self-regulatory entities;

  • Establish a National Register of Players and Players (Renagogo) to ensure activity control from the player’s point of view. The same must be registered with this body before participating in games and bets;

  • Implementation of a national policy-oriented institution for the protection of gamblers and gamblers, the rules of which have not yet been defined;

  • Establishment of Cide-Jogos (Contribution to Economic Intervention), a tax aimed at financing tourism and sports activities aimed at combating gambling addiction;

  • Request an operating license for interested companies. Their head office and management must be in the country and subject to the rules set by the federal regulatory and supervisory body;

Despite these views, the former President of the Republic, Michel Temer, in December 2018 sanctioned Law 13,756 / 2018, which provides for the National Public Safety Fund (FNSP), the purpose of lottery revenue collection and commercial advertising. And a lottery modality called fixed odds bets.

In this way, it makes sports betting legal in the country insofar as they meet certain requirements, including that bets must be fixed odds, known as odds. That is, when placing a bet, it must be determined how much the bettor will win if his guess is correct.

Leave a Comment

Your email address will not be published.