Estimated reading time: 3 minutes
What is a virtual sports bet?
Virtual sports are simulated events that provide visual feedback on the screen of your smartphone or personal computer. In many aspects, these new inventions of the betting industry were influenced by real events like horse racing gambling, greyhounds, American football, soccer, tennis, football matches and other games.
These simulations also originated from animations and basic drawings. The further spread usage of computers turned these animations and fantasy games from local and restricted innovation to phenomenon in the world of betting, attracting more and more users each day.
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Virtual Sports were introduced in 1961 in a basic and not sophisticated form of baseball intended for IBM computers. The game permits two teams to compete with each other on the pitch with the help of number generation and different statistics to decide the final winner. The game was designed for PC with less than 30 KB memory and was completely individual. Anyway, that was enough for the history and development of fantasy games.
Nowadays, virtual sports find wide-spread usage in the betting world and more and more bettors are prone to bet on such events, Yes, you can actually bet on such games and events and most bookmakers provide you with that possibility.
How virtual sports work?
It is a selection of determining fixed-odds events that use RNG to choose the final outcome. All subscribers without exclusion can see the same timetable and the same results. The games kick-off could be displayed in a video stream in a time set by your personal preferences (GMT 0, GMT +1, GMT +2…). In relation to your web connectivity, there is a chance that the video may be displayed with a postponement. This is a wide-spread and preferred choice for streaming. The result of the game cannot be impacted in any way by the betting site.
After the end of the game, the results are displayed and the previously made stakes are calculated and winning bets are executed. In order to reach a high level of transparency, there is an official archive with the results of all live games for the last 4 months. All winning bets are listed in the subscriber’s account in the betting site as there are detailed statistics on your disposal anytime. In case of a technical error, you can contact a representative of the team for further assistance.
What kinds there are?
As we have mentioned, they can include a huge variety of events in one place. This gives the punter richness of choice of exciting events not available in the real world at that time. Remember that during the current COVID pandemic, Virtual sports have been thriving on all bookmakers. It is not a coincidence. They are based on real sports like football, greyhounds, American football, tennis and more.
Which sites offer betting on such sites?
- Bet365;
- Ladbrokes;
- William Hill;
- BetVictor;
- SkyBet;
- Lottomatica;
- Sisal;
- Betfair.
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