Virtual Sports: How Are They Changing Online Casinos
Thanks to technology, online casinos revolutionized the entire industry offering new forms of betting that make the entire process more interesting. Traditionally, sports betting involves real matches with real people that take place somewhere in the world.
With sports betting people wager on the outcome of the match or the event, and end up winning or losing money.
However, virtual sports are bringing a whole new experience to the industry and will change betting forever. Many popular online casinos like 1GoodBet already have it among their games, so take a look at everything you need to know about VS.
What is Virtual Sports Betting?
Just as the name suggests, virtual matches are computer-simulated sporting events based on the real thing. The only difference is that the sporting contests are the product of a random number generator (RNG) commonly used in the slot industry, rather than real athletes playing.
This makes betting more available and bettors can place bets on their favorite sports 24/7 since the simulation is constantly running. This is very similar to FIFA simulated matches, only you have to option to bet on the teams and the result depends on the RNG.
For example, you can bet on a virtually simulated Premier League match between Liverpool and Manchester United. The teams won’t really be playing, but you can bet on the outcome of the match and still end up winning some money.
Benefits of Virtual Sports Betting
This is a huge change in the online casino world and offers plenty of advantages for bettors. One of which is the availability of virtual sports. Since they are computer generates simulations, they run constantly and you can bet on your favorite sports at any time.
Thanks to technology, such virtual sports simulations can look very similar to a real-world event. The graphics of the games are now very close to reality, and it will open a whole new sector in the betting market.
Additionally, there is no limit to how many matches or sports can be circling at any given moment. In other words, online casinos now can offer betting on every single virtual sport from football to motorsport every few minutes.
Disadvantages of Virtual Sports Betting
The biggest disadvantage and difference to real-world sports betting is that virtual sports betting is backed up by a random number generator. This means that it is almost impossible to predict the outcome of the match and you cannot use any previous data to help you make a better decision.
In other words, teams, horses, races, and athletes are evenly matched and the winner is decided through the random algorithm.
Another disadvantage is the lack of games and licenses. Since we are talking about a relatively new form of betting, we still don’t have plenty of Virtual Sports betting options that include real-life athletes. Most of the virtual sports offered at casinos are far from triple-A games.
The Future of Virtual Sports
As technology is advancing, we expect Virtual Sports to become more realistic in terms of matching skill levels between participants. Can you imagine if we can use real-world data and apply that to the virtual teams in the league? – It would be incredible.
Such technology is already here where games like FIFA measure the team’s form, output, injuries, and other data and apply to the mechanics of the game. We expect that casinos will start to improve their new Virtual Sports betting system and try to add different variables that can influence the outcome of the match.
As more and more online casinos accept this trend, it might grow to a point where we’ll have similar sports, leagues, and athletes from the real world, but played virtually.
What’s The Point of Virtual Sports Betting?
From a casual perspective, Virtual Sports betting doesn’t really make sense since sports are designed for entertaining people. However, if we look at this revolutionary betting system from a bettor’s perspective, we can see a lot of benefits.
Professional sports leagues last around 4-6 months, which means that there is a lack of sport at certain times of the year. There are even Olympics getting into the virtual sports trend.
If you like football, for example, you can fill in the offseason with a different sport, but Virtual Sports are here to keep you entertained at all times.