Virtual Sports Betting
The Baltimore Ravens moved into sole position of first in the AFC North and are now listed as the heavier -150 favorites to top the division, according to Bovada�s latest NFL divisional odds. Are they the best bet to win the division?
By SportBetTime in NFL
October 8, 2019 7:45 AM PDT
The 49ers face a key divisional test when they head to Los Angeles to play the Rams and remain undefeated in Week 6. Will they be able to cover the spread as 3-point underdogs?
By SportBetTime in NFL
October 8, 2019 7:04 AM PDT
After their 31-3 win on Monday Night Football over the Cleveland Browns, the San Francisco 49ers are now favored to win the NFC West, as slight favorites over the LA Rams. Are Jimmy G and the 49ers the best bet to win the division?
By SportBetTime in NFL
October 8, 2019 7:08 AM PDT
What is Virtual Sports Betting?
Virtual Sports Betting - is virtual leagues, competitions, races which are formed by a computer algorithm in bookmakers. The betting process itself is not too different from classic betting.
You can bet on virtual football, basketball, hockey, tennis, horse racing. You can bet on the outcome market, long-term markets (who will win the championship?), Handicaps, totals and so on. The difference is that these competitions are computer simulations. A day can create more than 1000 different virtual events in a variety of sports.
And at the dawn of the establishment of this type of rates and now, he has many skeptics. Most pros agree that virtual betting is pure fan. And here it’s possible to play, but in the long run, the player still doesn’t have anything good.
Many people believe that the algorithm is made so that all participants will obviously be losers. In general, this product did not cause widespread admiration in the community of players. Although he gained some popularity.
Pros and Cons of Virtual Sports Betting
Maybe for some people virtual bets are also a way of entertainment, but this direction has a number of advantages.
➕ Different kinds of sports. Virtual betting can be done not only on football. Other sports are adding more and more offices: tennis, horse racing, basketball, hockey and so on. Choice is always good. There are players who bet exclusively on tennis due to the characteristics of this sport. And at the time of the off-season or the absence of tournaments, virtual tennis is a great alternative.
➕ New events are regularly added. If the bookmaker has a section of virtual bets, then it will never be empty. Leagues, tournaments and competitions are generated every few minutes. Therefore, at any time of the day you will have something to put on.
➕ Availability. If a person once made the usual sports betting on the site of the bookmaker’s office, then the transition to the virtual direction will not be difficult for him. Everything is almost the same here, you don’t have to learn anything new. The same markets, odds.
➕ Betting in advance. What makes virtual leagues good is that you can bet on matches that are scheduled for round 35, although only the first round has just ended. There is no such possibility in betting on real football.
But there are a number of drawbacks, due to which virtual bets have not yet been able to become very popular.
➖ The excitement factor. All virtual matches last a few minutes, and championships and competitions are formed in a non-stop format. All this means an unlimited number of opportunities to place a bet. With very gamblers, such a property of virtual bets can play a cruel joke. On this, in principle, the bookmakers expect to tighten the player process.
➖ Doubtful algorithm. All the results of virtual matches and the course of events are computer simulations. There is still no certainty that everything happens 100% cleanly and fairly. Margin margin, but virtual bets very quickly became almost an integral part of the sites of most bookmakers.
➖ The factor of randomness. On the one hand, the random factor makes it possible to catch good odds. On the other hand, it is more difficult for players to predict the outcome of an event or even an entire league. Virtual bets can be compared in many ways with roulette or a coin toss - there is little logic here.
➖ A minimum of facts. When we try to predict the outcome of a football match, we can study the composition of the teams, read the news about them, assess the physical and moral condition of the players. In virtual sport, all you have is past results of teams / athletes, as well as current quotes in the office itself. It is very difficult to analyze something. It remains to rely on intuition and luck.