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It is the Brazilian domestic cup and it is the Brazilian equivalent of the FA Cup, Taa de Portugal, Copa del Rey, Scottish Cup and Copa Argentina, even though it has much more prestige and it is considered almost as important as the Brazilian League.

Favorite sports among Brazilian bettors 2024\n\n Soccer was by far the most popular sport to bet on in Brazil, according to a survey conducted among gamblers in early 2024. Overall, eight out of ten survey participants in the Latin American country reported betting on that sport.

Sports betting in Brazil will be privatized by the country after the proposed decree by the Ministry of Economy was signed into law in August by President Jair Bolsonaro. Expectation now is that the legalization will be complete and launch in 2024.