The pi complexes first formed as essential intermediates from alkenes, alkynes, and allenes with bromine have been investigated in different solvents by UV-spectroscopy in combination with stopped-flow techniques allowing the determination of the equilibrium constants, K(f). Using alkenes with sterically protected double bonds, such as di-tert-butylstilbene and tetraneopentylethylene, the reaction stops at the stage of the 1:1 and 1:2 pi complex of the alkene with bromine as persistent species in 1,2-dichlorethane as solvent. Calculations by state-of-art ab initio and DFT methods reproduces the experimentally determined thermodynamic values quite well, and reveal the preferred structures and nature of both complexes for ethene, ethyne, and allene. Consideration of the entropy term reveals that complexes are stabilized in solution owing to reduction of the entropy loss by restricted translations and rotation. According to calculations these species are Mulliken-outer-type complexes with no or little charge transfer from bromine to the double or triple bond, respectively. The 1:2 complex has a close structural relationship to the bromonium- or bromirenium ion, which is the subsequent intermediate on the reaction coordinate. Steric influences show a strong effect on the K(f) value, which can be explained by the polarizibility of the parent system. Addition-elimination often occurs. In bromination of adamantylidenadamantane and its derivatives the reaction stops at the stage of the bromonium ion. The effect of various polar groups situated in equatorial homoallyl positions on the stability of corresponding pi complex and bromonium ion has been studied in this series.