Real sports betting and virtual sports betting are very popular among punters in a variety of different markets. Apart from the technology used in virtual sports, these two types differ in betting strategies, predictability of outcomes, and accessibility. The Slotegrator team has prepared a basic comparison of virtual sports betting and real sports betting.
Virtual sports betting vs. live sports betting
Virtual sports are simulations of real-life sports events and tournaments. Virtual sports have the same rules and principles as traditional sports, but virtual teams are often based on national teams instead of individual clubs and consist of stand-ins for the actual players.
The outcomes of real-life sports events depend on many factors: the physical condition and psychological state of the players, the amount of training they had before the match, how the competing teams’ strategies compare, the weather in outdoor sports disciplines, etc.
In virtual sports, the result of the competition is determined by a random number generator (RNG), the same mechanism that is used in slots. Therefore, the outcome is fully random and impossible to predict.
2. Betting strategy
The random nature of virtual sports makes it hard to predict the outcome, so betting strategies for the two types of sports differ. Statistics and analytical skills don’t play a role in virtual sports, but there are still several aspects to keep in mind while placing wagers. For instance, punters should pay attention to the odds - longer odds bring bigger wins while shorter-priced selections help to win small but often. In general, no prior knowledge or skills are required for punters to bet on virtual sports.
As for live sports betting strategies, punters should use their analytical skills: they should look at the teams’ winning history, learn about the players, compare forces, analyze statistics, etc. A careful and detailed analysis will help to predict the events’ outcomes.
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Sports betting is legal and regulated at the national level in most countries, with different countries setting their own rules on how to offer sports betting. However, betting regulations differ when it comes to virtual sports betting - they are often treated like slot machine-type games and fall under the same regulations as games with no element of skill. Some countries, on the other hand, differentiate between virtual sports betting and other forms of gambling that use an RNG; as virtual sports bookmakers publish odds to bet against, some countries classify them as a game of skill. The legality varies from country to country.
Another difference between real sports and virtual sports is that the latter is accessible 24/7, regardless of real-life events. This allows punters to bet any time, any day, without the need to wait for tournaments in real life.
Also, virtual sports provide so-called instant gratification, as the result is determined fast, just after the end of the event. In live sports events, however, punters sometimes have to wait for some time before the result is announced.
5. Choice of bet types and sports disciplines
Virtual sports offer a limited range of bet types for punters to choose from, while real sports betting allows them to place various kinds of wagers. Virtual sports games are usually dedicated to football, basketball, baseball, and different kinds of racing. Real sports still provide a wider variety of sports disciplines and events to bet on.