Taxes on Betting Winnings in Portugal: What to Expect
by As someone who works daily with prognosticos apostas desportivas futebol, I often get questions like: “Do I need to declare my winnings to the Portuguese tax authorities?” or “Will I be taxed for a big win from Betano or Placard?”
In this article, I’ll break down how taxation works for sports betting in Portugal. Whether you’re a casual punter or a semi-professional bettor, understanding your obligations could save you from serious surprises.