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Yes, you can legally enjoy online sports betting in Portugal.
Authorised games and events\n\n The games and events that can be gambled online in Portugal are chosen by the SRIJ. Sports betting is currently legal, including both pre-match and in-play wagering. The SRIJ keeps a list of sanctioned sporting occasions and contests for which wagering is permitted.
Most cable and satellite television providers offer access to live sports streaming. Cord-cutting services like FuboTV and Sling TV also feature many live sports, including college football.
Nowadays sports fans have plenty of options for streaming sports online without cable TV. As long as you have access to a decent WiFi connection, you can watch games as the action unfolds using a variety of services, such as YouTube TV, Hulu + Live TV, and ESPN+.