Virtual Sports Betting

I wouldn't say I'd recommend it as one of the best ways of winning extra cash, but there is no doubt that interest in virtual sports betting is on the cusp of a wave.

It's one of those betting options which rely solely on luck for making a profit, which of course doesn't make it any less enjoyable as long as you're prepared to lose some money in return for the entertainment.

So if you're keen on trying sports betting from a different perspective - one which gives plenty of entertainment and some high quality visual feedback - the subject of betting on virtual sports could well be worth investigating

Here well take a deep dive into the world of virtual sports betting and explore how and where best to get a taste of the action
•  What Is Virtual Sports Betting?           

•  How It Works      

•  Where To Bet

•  Features - Benefits - Drawbacks

•  Who Are The Big Names?   

•  Can You Win?

•  What's In It For The Bookies?

•  Which Sports Can You Bet On?
Virtual Sports Betting - Three Leading Bookmakers

WHAT IS VIRTUAL SPORTS BETTING?



Betting on the outcomes of sports events is one of the more skilful ways to try and win money. Using your skill and knowledge, it is possible to make enough winning selections over time that you'll end up in profit.

Football, tennis, motor racing, boxing, and golf - as well as many others - all come into the reckoning.

The virtual sports operators are taking the action you'll see in live sports, recreating it in a video game environment with true to life graphics, and giving you the opportunity to bet on the outcomes. That's what virtual sports betting is all about.

How Does Virtual Sports Betting Work?



Each bookmaker that offers virtual sports bets will give a number of different options, the most popular being football, tennis, motor racing, and greyhounds. Some other sports may be covered too.

Basically you choose your sport, and will then be presented with betting options on the next event.  Each event is shown as video footage. Matches or contests run every few minutes, and a wide range of bets can be placed including pre-event, in-play and accumulator bets.

Of course nothing is 'real', it's all created via software. And the results are determined by the software, not by any skill or ability level of the participants.


Where To Bet



Many of the top bookmakers already include virtual sports in their betting portfolios.

•  Paddy Power
•  Bet365
•  Ladbrokes
•  William Hill
•  Betfred
•  Betvictor
•  Coral

They are of course all names which punters all over the world will recognise. All of them run virtual sports contests throughout the day.



Features, Benefits & Drawbacks



Aside from the fact that you may win, the main benefit from a player or punter perspective is that betting is always available. You'll only have to wait for a few minutes till the next opportunity, and if you're bored or waiting for a live event, it can pass a few minutes time.

The entertainment level is fairly high, with graphics improving all the time the events you watch are as close to real as you can get without actually being real. The settings - stadiums, racetracks, pitches, courts - are all  modeled on real locations.

Commentaries sound exactly like those you'll hear in real life, and replays are run for high interest activities within the events.

Other features and benefits include:

•  Rapid chances to bet on events, 24 hours a day
•  Easy to place bets, no knowledge of sports is required
•  Could potentially be used as practice for betting on live events


Now for the drawbacks.

Virtual sports betting makes it easy to place bets. With no skill involved in making selections, it's actually close to casino gaming in that the operators will always win, and there are risks for anyone betting - mainly that you'll become addicted and end up losing more than you can afford.

You don't have the option of going hunting around bookmakers for best odds, and this added to the fact that there is no real analysis to perform can make betting on virtual sports almost robotic in nature. You'll also be missing the thrill that comes from betting on your favourite team or player that real betting brings.

Some will argue that there's no real fun in it because of this.


Who Are The Big Names?



The names you need to be aware of in the virtual sports betting industry not surprisingly contain a number of well known bookmakers and sports books. Many are listed in the ' where to bet on virtual sports' section above.

We should mention here though the creators and marketers of the software, and one brand name in particular comes to mind - Inspired Gaming.

Inspired don't just offer virtual sports betting systems, but also video lotteries and casino games. They're big and growing, recently announcing a partnership with Spin Games that will see their software in front of Atlantic City gamblers.

This places them in a fully licensed position to supply their video games and betting systems in New Jersey, which may then be a precursor to a wider rollout to other US states like Nevada and Delaware. Great news for operators like Betfair, who will surely be relishing the prospect of adding virtual sports to their US betting exchange.

The deal with the Golden Nugget casino in NJ means that punters there will be able to bet on Inspired's full suite of different virtual sports  all from either mobile or desktop devices.

But it's not just the US where Inspired have a presence, they're already big players in the UK, China, and Italy betting markets. The latest UK bookmaker to take up the betting solution being the giant Coral Group.

Currently software delivers nine types of virtual sports, including football, horse racing, motor racing, tennis, etc. You'll see them offered under the Rush brand name -  Rush Football, Rush Horse Racing, and Rush Car Racing. Each one can be customised and branded by the betting operator.

The latest iteration of the Rush Football solution has been hailed as the most innovative so far

Over 200 gambling websites are reportedly already delivering the betting options using Inspired's products, which are also being used in land based venues all over the world. 

All of this places them into pole position to benefit from further growth if bets on virtual sports continue to grow with the same pace they've enjoyed so far.



Can You Win?



I said at the start that betting on virtual sports as a way of building up profit isn't one I'd recommend.

If you're lucky, then yes of course you can win. But luck is the operative word, and the overall odds will be against you.

To understand why this is, it's worth thinking about why the betting operators provide it for punters, and how they ensure they don't lose money from it.

Bookmakers operate (and make a profit) so that over time they win whatever the outcomes. They set the odds in any event to ensure that this happens.

With the virtual sports they present to punters it's no different. The outcomes will be determined by software that places the operator into a winning position overall. So one punter could have a long run of luck by guessing outcomes, but the losses of other would offset this for the bookmaker - and that one lucky punter (if they kept beting) would eventually hit a losing streak.

And it's the losing streak that's ultimately the undoing of all punters - with the exception of those that are selective and await the right opportunities. Selectivity and patience only work though when there is strong evidence that making a selection and going with it is the right decision.

The bottom line as to whether you can win by betting on virtual sports?

Yes and no. But either way, most likely you'll lose in the long run.


What's In It for The Bookmakers?



Aside from the almost guaranteed result of improving their profit margins from the bets actually placed on virtual sports, the bookies benefit in a number of different ways:

•  They provide an extra service which keeps them competitive against their rivals.
•  Any punters that do visit to bet on the virtual sports events may also end up betting on live events.



Which Virtual Sports Can You Bet On?

It's a big list. Are you ready?
Football - Virtual Football Betting


If football is your game you can take advantage of an almost unbelievably real virtual betting  experience. Video footage of games comes with live backgrounds and is delivered in 4K HD to increase the feeling of reality.

You'll be spoilt for choice in the range of bets, with up to 30 options for different types of propositions or specialties.

It's fast, with matches lasting a couple of minutes, and there's professional type commentary.

All in all betting on virtual football can't match the real thing, but if you want some quick action when there's no real game on, it's a reasonably entertaining second best.



Tennis -

Virtual Tennis Betting


With commentaries available in multiple languages, fans of virtual tennis betting the world over will be able to place bets on virtual matches involving their favourite players.

The graphics for virtual tennis were created from live footage of the sport's leading tennis players, filmed over many weeks.

Matches are played out on a range of courts, creating some betting opportunities that make the most of virtual environments.


Darts -

Virtual Darts Betting


Virtual darts matches are put together using a combination of real world video and computer generated images of the players.

With a range of bets on the matches, you can get in the thick of the darts action as if you were really there in a championship event.

There's no waiting around for the hour a darts match can sometimes take though - games are over in two minutes.

Have a bet on a virtual match, collect your winnings if you got it right, and move quickly on to the next game.



Cricket - Virtual Cricket Betting



Cricket is hugely popular all over the world, and although I personally have never bet on a cricket match, there are some who will fancy their chances.

Each virtual cricket match that takes place is between two teams who play a super over of 6 balls for each side, with each over lasting two minutes.

Quite simply the winner is the team with the most runs - but betting on the winner isn't the only bet on offer. There are around 9 different types of proposition bet per virtual cricket match.


Horse Racing - Virtual Horse Race Betting



One of the oldest types of virtual sports bet - and possibly the original - is horse racing.

All of the popular types of races are covered - flat and jumps. You'll be able to bet on races at different distances and on a range of ground conditions.

Any horse racing punter will be able to tell you that horses for courses, class, and ground conditions all play a major part in race outcomes.

I'd say virtual horse race betting is the most exciting, and it certainly fills in the gaps between real live races.


As well as the popular sports in our list above, there are a range of others that will give your virtual betting some variety. Second tier sports such as Basketball, Cycling, Stock Car Racing, Speedway, Greyhound Racing, and Trotting are all available too.
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Latest Developments - Euro 2016 Virtual Football Matches

The summer of 2016 sees the Euro 2016 football championship, with the cream of Europe's teams battling it out for the cup.

All eyes will be on the tournament so it'll be no surprise to see a raft of bookies offers enticing us to make a bet.

Virtual sports are on the radar too, giving punters an alternative method of betting on the Euro finals. BetRadar in particular are focusing on the event with the release of Virtual Euro Cup 2016 which will be rolled out to over 25 major betting operators.

BetRadar's virtual version will play out with the same teams with punters able to watch fast-paced games with high quality video graphics, all in 70 minute sessions.

The outcome of virtual games is based on a range of statistical analysis and data and designed to match the expected or likely outcome in real life, but with the randomness thrown in that we do see regularly in real life football matches.