Betting on sports has been around for as long as sports have been around, except back in the day people would place cash wagers at sporting events. And while this is still done in some cases with traditional sports betting, the digital world we live in now offers a new form of betting, namely virtual sports betting. This article explores the differences and similarities between virtual and sports betting, so keep reading for everything you need to know about these options.
As much as sports betting and virtual sports are different, once stripped back to the core basics of betting, you’ll quickly notice the similarities, such as they share the same types of odds. So, expect to see the same decimal, fractional or American odds when you place your virtual sports bet as you would when placing football bets at a traditional sports betting site or venue.
Eager sports bettors will also notice that virtual and traditional sports betting share the same options. This significant similarity between the two types of sports betting is a major drawing card as it’s easier to transition from regular to virtual sports betting. Bettors can expect to see bet types such as moneyline, totals(over/under), point spread, prop bets, quarter or half-time totals, and the popular Asian handicap.
If you have placed a sports bet, you’ll have no problem placing a virtual sports bet. Once you sign up at a virtual sports betting platform, you can expect similar welcome bonuses or deposit bonuses as any other betting platform offers. The next step is placing a bet, which is just as easy as sports betting. That’s because bets are placed on similar technology involving computers or touch screens.
The first major difference between sports and virtual sports betting is that you can place your hockey bets at land-based bookmakers and online bookies. In contrast, virtual sports betting is only available online.
Another massive difference between virtual sports betting and traditional sports betting is that the outcome for the latter is dependent on the human player and the team, which, as it turns out, is pretty hard to predict as factors such as illness, injury, weather and fatigue can come into play. Virtual sports are based on athletes and have outcomes determined by an algorithm, one that is predetermined by a random number generator(much like a slot machine does) to ensure fairness. These factors also tie into the strategy you use to place bets. There is a lot of analytical data to consider, such as team dynamics, previous games’ wins, losses, penalties,etc., which is not a factor in virtual sports betting.
Choosing between virtual sports bets and traditional sports betting also depends on the amount of time you have. Virtual sports games are over in minutes, while conventional sports could last hours before you know if you have won.
The answer to this question is up to the bettor. For example, if you prefer watching the action of real players taking to the field, arena or ice and analysing the team data. In that case, traditional sports betting is for you but if you want fast gameplay, faster bets and less analytical work, virtual sports betting may be best.