Online sports betting has been around for over two decades, gradually evolving over the period. It started out with simple pre-match wagering. But, then came in-play betting, which had a serious impact on the entire industry.
Bookmakers continued to look for new gambling products to introduce to their customers. One of the fairly recent ones is virtual sports betting. It comes with the same concept as traditional wagering, but it does also have certain unique features. Here, we’ll compare and analyse virtual and real-life sports betting.
Virtual Sports Betting Explained – Wagering on Virtual Sports With Betting Bonuses
Virtual sports are software-simulated events that work as fixed odds games. They rely on random number generators (RNGs) to get results, which makes them fair and random.
Every punter gets to view the same schedules and outcomes. They get to pick from several sports including football, basketball, tennis, horse racing, greyhound racing, and a few more. But, unlike real events, they have a much shorter time frame. Most of them usually last between 2 and 3 minutes.
Online sportsbooks will usually allow punters to pick from a few virtual betting markets, which are the same as real-life wagering. The most common ones are match results, half-time results, and double chance. But, bettors can also decide whether to place pre-match or live virtual bets.
Plus, there are certain top operators that continuously include virtual sports in their betting promos. They know that punters are fond of the best welcome offers in the UK as they can help them generate extra payouts.
Advantages of Virtual Sports Betting
More and more gamblers are starting out with virtual sports betting by the day. Everything has to do with the positive traits of this betting form. One of them is the opportunity to wager on their favourite sports at any given time. This comes in handy when there are no real-life events taking place.
Next, the virtual matches are super short. This allows punters to place numerous bets on different events in less than an hour. As a comparison, real-life events usually take over an hour to finish. So, you have to wait for a long time to find out the outcome.
The fact that you don’t need any skills or knowledge to bet on virtual sports is another good side. This is something that especially goes in favour of beginners. Plus, this betting form produces fair and random results and there is no way for punters or sportsbooks to cheat.
Virtual Sports Disadvantages That Favour Real-Life Sports Betting
Betting on virtual sports does come with a few disadvantages. On the other hand, they go in favour of real-life sports wagering. First of all, there aren’t too many virtual sports to pick from. Plus, you won’t find hundreds of events that include familiar teams or players.
The list of available betting markets is also very small on virtual matches. As a comparison, real-life events have numerous wagering options to choose from, especially in big games. You can even create your own bets or use player and team props.
For many punters, virtual sports aren’t as exciting as real-life games. They don’t provide the same adrenaline rush as genuine matches, especially when we compare them with highly important events.
Short virtual games also have a certain connection with this setback. Most sports fans need more than a couple of minutes to start enjoying an event.
Probably the biggest disadvantage is that you cannot use your sports betting knowledge and past experiences. This is probably the main reason why most punters stick to real-life matches. They can study previous events as well as use certain betting strategies to gain an advantage.
Which Sports Betting Type Is Better?
Most bettors prefer wagering on real-life events while a smaller portion turns towards virtual sports gambling. The latter is perfect only when there is a lack of matches and when punters want to get a quick outcome. In any other view, wagering on genuine sports is much more attractive.
In the end, everything depends on what the bettor desires. There are some who combine the two types of sports wagering depending on event availability. Both betting concepts can provide some sort of entertainment, but only as long as punters gamble responsibly.
