Virtual Sports Betting 

Want to know if virtual football, racing and tennis are worth a punt? Virtual sports betting is all about fantasy sports! Fantasy sports are often played online, where participants assemble virtual teams using real players from a professional sport. The athletes are assigned player statistics based on their performance over past, real games. When these games first gained traction, they were played between friends on good ol’ pen and paper. Today, online casinos and virtual sports betting sites take the idea one step forward and capitalise on the widespread popularity of online betting to bring you virtual sports!

What are Virtual Sports?

Virtual sports are electronic games inspired by real sports and are uniquely situated to offer a homogenous mix of comprehensive betting markets and instantaneous results. Played entirely online, virtual sports generate visual feedback, use random number generation and draw from player statistics to determine the game’s outcome. In other words, virtual sports are software simulations of real sports used for betting purposes. Punters can bet on virtual sports at virtual sports betting sites or sportsbooks that offer virtual betting, like LV BET. The most popular sports in virtual betting are football, horse racing and tennis, but players may also come across baseball, virtual greyhounds, virtual basketball, motorbikes and other sports.

The software will take into account all game rules and incorporate real-life factors alongside the element of chance. This complex algorithm will determine each game's outcome through RNG, guaranteeing fair and truly randomised results on virtual games. The best part about betting on virtual sports is that you don’t have to wait 90 minutes to find out if your favourite football team took the win home. With virtual sports, you can play through the games in just a minute or two!

Betting On Virtual Sports

Virtual sports betting is the perfect filler activity the off-season, allowing punters to use the downtime to enjoy their favourite sports. The betting options on virtual sports aren’t as comprehensive as the markets on traditional sports; however, you will find plenty of options (and great odds!) to fill your betslip with. Here’s how you get started:

• Choose your sport! At LV BET, players can select Virtual Racing, Virtual Football, Virtual Tennis, Instant Racing and Instant Football. Virtual games offer a wider selection of betting markets, while Instant games are all about quick play and lightning-fast results. Keep in mind that Virtual Racing isn’t just horse racing but also covers greyhounds, motorbikes, cycling races and harness racing.
• Place your bets. If you’re familiar with sports betting, then you’ll crack virtual sports betting like a peanut. Choose a fixture or event from the ongoing matches and comb through the betting markets to build your betslip. Unlike betting on real sports, a virtual bet don’t require in-depth knowledge or experience with betting. You also don’t have to take external factors into account, like weather, injuries or player motivation — these will be accounted for through RNG.
• Watch the match unfold. Each virtual game or event lasts only a couple of minutes. Punters can view the match as it takes place through the virtual presentation or skip it entirely. A new game will be held right after, so players have the opportunity to place bets on multiple events if they wish to do so.

Virtual Sports vs Esports

Virtual sports and esports are often mistaken for one another; however, these two are worlds apart! Below is a quick breakdown of the key differences between virtual sports betting and esports.

Virtual sports are played using an online simulator that uses random number generation to provide nearly instant match results and fast-paced betting. The matches take place in an entirely simulated environment, where all outcomes are randomised, and all matches are several minutes long. The markets vary depending on the virtual sports events and are generally not as diverse as markets on real sports.

Although also played online, Esports are a lot more similar to traditional sports than you may think. In short, esports are video games played professionally. Games like Counter-Strike: Global Offensive (CS:GO), Call of Duty (CoD), League of Legends (LoL) and Defense of the Ancients 2 (Dota 2) are all incredibly competitive video games that are played at the highest level. If you’re unfamiliar with video games, you may not know that esports require impeccable reaction time, strategic thinking and years of training — just like any ‘real’ sport. That means that all competitive games have teams, sponsors, leagues and massive tournaments with multimillion prize pools. Depending on the game, esports matches can take up to several hours to conclude, and many casino players tune in to watch these events live to take advantage of unique in-play markets.

Whereas virtual sports are all about playing against the algorithm, esports matches require the punter to know the players and the game. In a way, virtual sports are closer to online slots than to sports betting!

Bet on Virtual Sports at LV BET

At LV BET, our punters can enjoy a variety of virtual sports, namely virtual football, MMA, horse racing, greyhounds, 3x3 basketball, tennis, motorbike racing and speedway. Our Sportsbook also offers instant football betting and instant racing markets if you’re looking to pick up the pace.

Virtual Football Betting

Virtual football betting markets are the bread and butter of all virtuals. Punters can choose between multiple leagues, such as Germany, Italy, Poland or Spain, and place over/under bets, half-time/full-time bets, Asian handicap, moneyline and other football betting markets, like total goals or goal/no goal.

Virtual Horse Racing

Virtual horse racing is a fan favourite among virtual sports betting enthusiasts. These virtual sports games are all about neigh-worthy racing; punters can wager on win/place/show, even/odd, over/under, Exacta/Quinella or place a trifecta wager. Virtual horse racing events begin as soon as the bets are locked in.

Virtual Greyhound Racing

Virtual greyhound racing is nearly identical to virtual horse racing. Punters get to enjoy top odds on the following virtual sports bets: win/place/show, even/odd, over/under, Exacta/Quinella and trifecta.

Other Virtual and Instant Sports

• Virtual Racing — Our virtual racing sports include horse racing, greyhounds, motorbike, cycling and harness racing. You can place bets on the winner or try your luck with forecast and tricast bets. The events run on a tight schedule — just three minutes apart — and the betting window will close 10 seconds before each race.
• Virtual MMA — Virtual MMA is an exciting new way to enjoy close-contact action, featuring real video footage from top MMA fighters. Each fight lasts five rounds, and the fighter with the most wins after five rounds wins the bout. Virtual MMA features a unique bet type — the Victory Combo — that allows punters to predict the outcome of each round. Other bet types include round group, total rounds, KO, KO round, correct score, fight outcome and fight to win.
• Virtual 3x3 Basketball — In virtual basketball, punters enjoy a quick 3x3 game of basketball. The moneyline is a common and popular bet with great odds, but punters can also place moneyline bets, wager on point spreads, totals or race to 21.
• Virtual Tennis — Virtual tennis is an excellent alternative to tennis betting. Two matches take place simultaneously, and you can switch between one and the other to follow the action and monitor the odds. Bets can be placed on the set winner, set score, total and correct scores, and match winner. Punters can also wager on the game winner, next point winner and the game’s correct score.
• Instant Sports — Instant sports take the best of virtual sports and present them in a fast-paced format. The betting options won’t be as elaborate and generally feature common bet types; for example, instant horse racing only offers winner, placement and forecast bets, and instant football covers winner/draw, double chance, under/over total goals and exact score.

The Best Virtual Sports Betting Sites — Choose LV BET!

Interested in learning more about esports, virtual sports, or want to keep tabs on your favourite sporting events of the year? Visit the LV BET Sportblog for the latest insider info and betting tips on your favourite events! At our Sportsbook, you can bet on virtual sports, enjoy great odds and benefit from heaps of active bonuses, like Free Bets, Combo Boost and Operation Esports.