Affiliate disclosure: Gamblerfy may earn a commission if you open an account through some of the links on this page. It never changes our score, our ranking, or which brands appear — see how we rate.
A genuinely SPA/MF-licensed Brazilian sportsbook (Lindau Gaming Brasil AS) with a sharply deteriorating recent Reclame Aqui reputation
Visit Oleybet →Pros
- Genuinely SPA/MF-licensed (Portaria 2.105) — independently confirmed
- Real, operating platform with 30+ sports and ~20,000 events
- Pix withdrawals declared immediate
Cons
- SEVERE: Reclame Aqui rating fell to 4.4/10 ('Nao Recomendada') in the last 6 months, versus 7.0/10 all-time
- SEVERE: a specific complaint alleges game manipulation
- Response rate just over 75% with unresolved player issues
- No welcome/deposit bonus available (banned by Brazilian law)
Our verdict
We want to report the most serious findings directly. Oleybet genuinely holds a federal SPA/MF licence (Portaria 2.105, 30 December 2024, registered under number 0085/2024), operated by Lindau Gaming Brasil AS - confirmed via olhardigital.com.br. It is a real, operating platform with 30+ sports, around 20,000 events, and Pix withdrawals declared immediate (R$10-10,000/day). However, independently confirmed via a second source (reclameaqui.com.br): while the all-time Reclame Aqui rating is 7.0/10, the last-6-months rating has fallen sharply to 4.4/10, classified 'Nao Recomendada' (Not Recommended), with a response rate just over 75% and unresolved player issues; a specific complaint alleges game manipulation. We weight this recent, worse trend rather than rely on the more favorable all-time figure alone. Per our bonus data, no welcome or deposit bonus is available for this brand - Brazilian law bans these for all licensed operators since 1 January 2025.
How we rated it
Casino & sportsbook (36%)4.5
A real, operating platform with 30+ sports and around 20,000 events, per olhardigital.com.br; Pix withdrawals declared immediate (R$10-10,000/day).
Bonuses & value (18%)4
No welcome/deposit bonus is available, per our bonus data - Brazil's Law 14.790/2023 and SPA/MF rules ban these for licensed operators (effective 1 Jan 2025).
Trust & licensing (27%)2.5
Genuinely licensed under SPA/MF (Portaria 2.105, registered 0085/2024), operated by Lindau Gaming Brasil AS - confirmed via olhardigital.com.br. SEVERE, independently confirmed via a second source (reclameaqui.com.br): while the all-time Reclame Aqui rating is 7.0/10, the last-6-months rating has fallen sharply to 4.4/10 ('Nao Recomendada'), and a specific complaint alleges game manipulation.
Customer support (18%)2.5
reclameaqui.com.br documents a response rate just over 75% with unresolved issues, consistent with the recent reputational decline.
Welcome bonus
Quick facts
| Licence | SPA/MF Portaria 2.105 (30 Dec 2024, registered 0085/2024) — independently confirmed |
| Operator | Lindau Gaming Brasil AS |
| SEVERE finding | Reclame Aqui rating fell from 7.0/10 (all-time) to 4.4/10 ('Nao Recomendada') over the last 6 months; a complaint alleges game manipulation |
| Platform | 30+ sports, ~20,000 events; Pix withdrawals declared immediate (R$10-10,000/day) |
| Bonus status | No welcome/deposit bonus - banned by Brazilian law (Law 14.790/2023, effective 1 Jan 2025) |
Where Oleybet is licensed
Oleybet appears on the official register in 1 country — 1 for sports betting and 1 for casino. We only feature it in markets where it holds a licence to accept you.
South America (1)
About Oleybet
Oleybet is genuinely SPA/MF-licensed (operated by Lindau Gaming Brasil AS), independently confirmed via a second source, but its Reclame Aqui reputation has deteriorated sharply in the last 6 months (7.0/10 all-time vs 4.4/10 recently, 'Nao Recomendada'), with a game-manipulation complaint documented.
FAQ
Is Oleybet licensed in Brazil?
Yes - it genuinely holds SPA/MF Portaria 2.105 (registered 0085/2024), operated by Lindau Gaming Brasil AS, independently confirmed.
Is Oleybet safe?
Mixed - it is genuinely licensed, but its Reclame Aqui rating has fallen sharply to 4.4/10 ('Nao Recomendada') over the last 6 months, with a game-manipulation complaint documented.
Does Oleybet have a welcome bonus?
No - Brazilian law (Law 14.790/2023, effective 1 Jan 2025) bans welcome and deposit bonuses for licensed operators; only loyalty rewards/free bets for existing customers are permitted.
