The latest innovations in the next generation of virtual sports are making incredible progress at an unprecedented rate. The virtual sports industry is backed by vast amounts of data and uncanny ease of use that is luring gamblers to bet on its success. Many bettors are capitalising on virtual sports betting to drive their fortune from the valley to the peak of their profitability.
Virtual sports are video games that run computer applications to play out sporting events and races. Similar to real-world sporting events, virtual sports rely on advanced algorithms to generate results and outcomes that determine the winner of each event.
Unlike traditional sports, virtual sports can run simulations of sporting events at any time and at a fraction of the cost. Sportsbooks and online betting portals have been attracting a massive number of gamblers to bet their money on virtual sports to earn robust rewards.
The improved graphics of these virtual sports makes them nearly indistinguishable from real-world sporting events. The computer simulations are a visual treat with stunning motion graphics and feature athletes, teams, and equipment that are identical to their real-life counterparts.
From football to NASCAR racing, betting on virtual sports can significantly increase your chances of beating the odds. For instance, you might decide to bet your money on a virtual NASCAR event taking place on the Daytona International Speedway circuit. Among the 12 racers involved in the race, you place a bet of $10 on racer A who has odds of 3.00 to win the race. After watching the entire race, if racer A places first on the Daytona International Speedway circuit, you can earn $20 from your bet within a few hours.
Yes, betting on virtual sports is legal in most states in the US and throughout many countries in Europe, including the UK and Italy. Before placing your bets with any sportsbooks, make sure these virtual sports betting portals are licensed and regulated by authorities such as the Malta Gaming Authority (MGA) and the Gambling Commission.
There is a wide range of virtual sports to put your money behind. These virtual sports include:
- Motor racing
- Horse racing
NASCAR, in particular, has been growing in popularity among virtual sports gamblers. Virtual NASCAR simulations are based on official NASCAR drivers and race on official NASCAR racetracks.
Chase Elliot, Kyle Busch, William Blaney, and Kyle Larson are a few of the official NASCAR drivers that can be found listed on virtual sports betting sites. You can view their odds of winning a NASCAR championship as well as their historical record of winning streaks to determine the best bet for each race.
The NASCAR Cup Series, NASCAR Xfinity Series, and NASCAR Sprint Cup Series are among the events that are open to bets. Atlanta Motor Speedway, Charlotte Motor Speedway, Darlington Raceway, Dover International Speedway, Kentucky Speedway, Michigan International Speedway, Sonoma Raceway, and Watkins Glen International are the hottest racetracks listed online for virtual NASCAR betting.
Most virtual NASCAR betting sportsbooks provide data on driver profiles, driver performances, and forecasts. You can use these resources to analyse NASCAR races and predict their outcomes better. Apart from betting on the NASCAR championship winners, you can also place your bets on the fastest qualifiers and the fastest lap. The minimum bet can be as little as £1, and the maximum bet can go up to £200 for virtual NASCAR betting.
Virtual sports bookmakers and sportsbooks host thousands of virtual sports events every week. The results of these virtual sports events are determined by a random number generator. The use of a random number generator ensures that the outcomes of the virtual sports events cannot be fixed and are not entirely predictable.
Most online virtual sports betting sites have a certificate of quality to assure gamblers that their bets are valid. You can check for the certificates in the footer of the virtual sports betting websites for clarity. The absence of any certificates on a virtual sports betting website may indicate that their activities are unregulated.
In the interest of maintaining fairness in every event, the results of virtual sports betting games and events are neither revealed to the site owner nor the bettors till the game plays out.
Similar to betting on real sports, there are odds involved while betting on virtual sports. Unlike real sports, the outcomes of virtual sports are determined by computer software. The algorithm relies on a random number generator that makes it more challenging to win a bet compared to winning a bet on real sports.
There are several factors that can impact the outcome of real sports. These factors include the structure of the team, the condition of their equipment, and individual player performances. Dynamic weather conditions can also have a drastic impact on the outcomes of real sports. However, virtual sports are computer-generated events that can run independently of these factors.
Betting on virtual sports takes significantly less time than betting on real sports. A football game can play out within a few minutes on virtual sports software, while an actual football match can take more than 90 minutes to complete. Gamblers can use their time and money with increased accuracy to potentially earn more rewards in less time.
Virtual sports hosted by betting sites offer people a vivid perspective of games. These games can be viewed on computers and smartphones with minimal hardware.
The ultra-realistic visuals provided by virtual sports betting sites offer an immersive experience, making each bet entertaining and enjoyable. People can distinguish players on a football field by their models and playing styles. Team tactics are also replicated to give a realistic virtual sports impression of football teams to fans betting on their favourite teams. Horse racing simulations are packed with high-quality sounds and crowd applauses to recreate real life-like events.
The cutting-edge software integrated into the virtual sports betting sites help gamblers keep track of all their bets. People can place dozens of bets within hours and earn more money in a day than they would by betting on real sports.
But do these virtual sports have the capacity to overtake ‘conventional sports’ in the long term? As a Sky Sports insider stated during the COVID pandemic,
While sport’s virtual counterparts do indeed go some way to re-enacting the sights and sounds of the real world, how far will they go? Graphics can only improve with time and advances in internet speed and accessibility will only, in turn, make virtual sports more accessible to the masses.
With this increased accessibility comes increased incomes from bettors. Indeed, as speed and accessibility increase, the competition between real and virtual worlds will be a fascinating one to watch. While virtual sports could provide increased opportunities for the betting world, how much will be lost from sport’s lesser reliance on the ‘real’, on human interaction, human sports personalities and the thrill of the stadium and arena? Taking eSports as an example, by 2024, the audience is expected to rise up to 796 million – second only to the NFL in the US. In the battle between the virtual and ‘the real’, it seems the competition is truly hotting up.