6 Virtual Sports Betting Tips to Help You Win Big

What is Virtual Sports Betting & How Does it Work?

Virtual sports are digital replicas of actual sports where the result is determined by a random number generator (RNG). One of the biggest advantages of virtual sports (and the main reason for the recent surge in popularity) is that virtual sports games can be held at any time regardless of league schedules, lockdowns, and weather conditions. Plus, technology has come such a long way that the computer-generated graphics you would find on any virtual event are closer to a sports broadcast than a next-gen gaming console screen. On top of that, virtual games are much shorter, allowing you to bet on two or three events one after the other. Finally, there is no human influence, so no chances of human errors or emotions getting involved.

What Virtual Sports Events Can You Bet On?

Today the best online sportsbooks offer a wide variety of virtual sports to bet on, with most having a dedicated tab or page for virtual sports betting. When it comes to the actual sports, punters can choose from:

• Football

• Horse Racing

• Greyhound Racing

• Trotting

• Tennis

• Cricket

• Darts

• Moto Racing

• Cycling

• Speedway

• Basketball

Virtual Sports Betting Markets

Putting money on virtual sports works in the same way as betting on real-life events, meaning a bookmaker will offer the same types of bets in virtual football as in an actual football match. These can range from backing one team (player or participant) for the win to predicting who will end up in the top three (also known as a tricast bet, this one is common for horse and dog races). Another popular option is an over/under bet, where the punter bets if the number of goals scored will be higher or lower than the number selected by the sportsbook. Accumulator bets are another favorite among gamblers allowing them to group several bets into one wager—the risks are higher, but so are the rewards. In addition to these, you will find hundreds of other types of virtual bets available, depending on what the bookie offers and the sport you are wagering on.

Virtual Sports Betting Strategy & Tips

What can you do to maximize fun and profit when betting on virtual sports?

1. Understand how Random Number Generators work: The outcome of virtual sports events is determined through a random number generator (RNG). While this ensures complete fairness, much like roulette and dice games, you should be prepared to come across some unexpected and unusual results. This also means that there are no patterns to follow as the result is completely random.

2. Bet small amounts: As with any gambling game, small bets mean you will not win big, but you will not suffer huge losses either. Betting small amounts can help you recover your losses much easier—an aspect not to be underestimated given the unpredictable nature of virtual sports.

3. Understand the odds: You might be tempted to bet on higher odds which bring in more profit, but as every bettor knows, it’s much better to get smaller but consistent wins. This also implies you should back the favorite, which typically has lower odds.

4. Manage your bankroll: In sports betting, your bankroll is similar to your regular bank account, i.e. the place where you keep your money and access it whenever you need funds. Don’t be reckless with your bankroll, or you could end up losing a lot very quickly. Instead, try the flat-betting approach, which requires you to allocate between 1 and 5% (ideally 3%) of your bankroll per play. In other words, if you have a bankroll of £100, you should place £3 a bet.

5. Avoid chasing losses: Chasing losses or upping bets in order to recoup previous losses is one of the biggest mistakes you can make in sports betting. The best way to avoid this pitfall is to set a limit for yourself and not stray from it.

6. Choose a reliable betting site: Today there are virtual betting sites aplenty, all offering a wide range of virtual sports. But before you pick an online bookie, consider factors like licensing, covered virtual sports, odds, bonuses, and payment options.

Betting on virtual sports can be a great way to pass the time and engage in exciting sporting events, in addition to making some extra money. The secret of doing virtual betting successfully is always to maintain a clear head, stick to smaller bets (at the beginning at least), and of course, enjoy each game as if you were watching a live one.