A complete invented world with invented teams, leagues and games, where sports competitions are played virtually? That is virtual sports betting. Many providers have now created a complete virtual sports world of their own and thus created an almost infinite possibility of virtual sports betting. As with real sports, you should keep some basics in mind when betting on virtual sports. Even though virtual sports don’t include the human component, you can still find attractive bets and make profits. We’ll take a look at how this can work in this section.
Tip 1: Approach slowly
Virtual sport is a different genre than normal sports. Therefore, if you are new to it, you should approach it slowly at first. The great advantage of virtual sports betting is that games are always available and all information is open.
Thus, before placing the first bet, you can deal with it in detail and look at everything carefully. Once that is done, one can slowly approach and place smaller bets on individual games. If these individual bets are successful, you can gradually increase the stakes and place more bets.
In addition, you can first see whether virtual sports betting is suitable for you at all. If after the first few games and bets you find that you don’t enjoy it, you can go back to other sports without risking too much.
Tip 2: Use a strategy or betting system
In virtual betting, the odds are calculated very accurately by the provider. The results are simulated from all given information about the virtual league. Therefore, the odds will hardly differ from the probabilities, thus it is extremely difficult to find value bets. Nevertheless, you can bet profitably with a good strategy.
Particularly suitable for virtual sports betting is, on the one hand, the Martingale strategy, in which the betting stakes are doubled after a loss and thus profits can be generated in the long run and with sufficient capital. However, other betting strategies are also useful.
Alternatively, you can use the similar Fibonacci strategy, where the bets are also increased after losses. However, there the increase is done in the steps of the Fibonacci sequence. To regulate the number of bets and avoid the risk of a total loss, the so-called Kelly formula is also suitable.
Tip 3: Secure information advantage – know statistics
Even if the leagues and games are only virtual, statistics and all the information you can get are essential to be successful in betting. Before venturing into virtual sports betting, one should look into exactly how the league works, how the games are played and most importantly what statistics are known about the game.
If you have dealt with it extensively, you can find good bets much easier and don’t run the risk of just betting on it without having any idea what is going to happen in the game. In this case, it would be a pure game of chance.
The virtual leagues, clubs and competitions are usually very well described with information and statistics. Anyone who does not take advantage of this before placing his virtual bets is automatically at a disadvantage. Therefore, similar to “normal” betting, I recommend you to make well-founded sports betting analysis.
Types of virtual sports betting
Smartphone with sports and sports betting heroes logo
Virtual sports betting is not offered for all sports. This is also simply because not all sports are suitable for virtual sports betting. I will briefly introduce some of the most common virtual sports betting here. Note that each sport provides different types of bets for betting.
Virtual soccer betting
As with “real” sports betting, soccer is the most popular in the virtual area. If there is only one sport, it is usually virtual soccer betting. The bets themselves hardly differ from the bets that are also offered in real betting. 3-way bets on victory, draw or defeat are always there.
In addition, there are often bets on the number of goals or handicap tips. Event bets, such as bets on given cards or goal scorers, on the other hand, are rather rare. Long-term or other event bets are also hard to find, as they would also be very difficult to implement.
Virtual tennis betting
Tennis is very suitable for virtual betting. The sport is easy to follow and understand and there are a lot of possible tennis bets. Besides the main bets on the winner and the exact result of the sets, more detailed bets can be placed.
For example, you can bet on the winner of a single set, as well as select the number of games in total and handicap lines for the games won. These bets are also offered as live bets, so while watching the game you can place a bet directly.
Virtual basketball betting
Basketball is a very popular sport both in real life and in the virtual realm. The sport is very easy to understand and betting is designed accordingly. Basketball bets in the virtual realm are usually placed in a league modelled after the NBA.
There are the usual bets, such as tips on the result, the time periods or the handicap lines. Exciting are also bets on which quarter will bring the most points. In addition, live bets are also very popular with NBA betting in virtual sports.
Odds for virtual online betting
Comic soccer player with transparent background
Virtual betting odds are very similar to the odds in real sports betting. This also means that the odds for soccer bets are particularly attractive and for smaller sports, they tend to be a bit behind. In general, the betting odds of virtual bets are hardly distinguishable from the real ones.
Just as the leagues and competitions are modelled after the real ones, so are the probabilities in the games. It doesn’t matter whether you look at exact results, a number of goals or handicaps, the virtual leagues are very close to reality in every respect.
Bonus for Virtual Sports betting
Special bonuses for Virtual Sports betting are very rare. Nevertheless, you can be lucky and possibly find a provider that wants to promote its new virtual bets in a special way and offers special sports betting bonus for it.
However, the normal bonuses can actually always be converted with bets on virtual sports. Nevertheless, it is advisable to study the bonus conditions carefully in order not to encounter a nasty surprise if you register especially for a site where the bonus is not available with the virtual bets.
eSports vs. Virtual Sports Betting
Often eSports are compared or equated with Virtual Sports. However, both are something completely different and so the bets must also be distinguished from each other. eSports are computer games like FIFA, Counterstrike or League of Legends, where people play against each other on the computer.
So the results depend completely on how humans perform in a competitive situation. Human error and things like psychology, team chemistry, and injuries can play a role in eSports. In contrast, virtual sports are only simulated. A soccer match in a virtual league can look just like a FIFA match in eSports.
So, the results depend completely on how humans perform in a competitive situation. Human error and things like psychology, team chemistry, and injuries can play a role in eSports. In contrast, virtual sports are only simulated. A soccer match in a virtual league can look just like a FIFA match in eSports.
Nevertheless, they are something completely different, as the former is controlled by a computer and the latter is controlled by humans. Moreover, a big difference is that virtual sports can be run at any time and bets can be placed on them at any time.
So, you can watch a virtual league whenever you feel like it and place bets on it. With eSports betting, you are entirely dependent on what events and games are currently being played if you want to bet on them.
Conclusion about online betting on virtual sports
Virtual betting is still quite a new and fascinating phenomenon. The betting is fair and straightforward and easily accessible to everyone. The best part is that there are games to analyze and bet on at any given time.
Since the emotional component is completely out of the picture and it really only comes down to the right strategy, this new virtual world has a lot to offer. So if you enjoy dealing with a completely virtual league and the games within it, you can have a lot of fun with virtual betting.