What offers for bookmakers do gambling product providers have today and what are the advantages of virtual sports for a modern gambler? BETProduct experts tell about current trends and implemented technologies.
In virtual sports, which arose from the direction of fantasy sports, as a rule, the result of an event is determined by the statistics of the players. Its characteristic features are short-term matches lasting only a few minutes, the use of realistic computer 3D-animation in the broadcast, as well as, more recently, technologies based on real matches and events. In fact, the direction is a simulator of championships in traditional, "live" sports, and is utilized by bookmakers to offer bets. Virtual sports became especially relevant during the pandemic when sports competitions were canceled around the world and interesting sports news appeared very rarely.
Common disciplines of virtual sports
Most often, people make bets on a wide range of virtual sports areas, namely:
- virtual penalty.
“Due to the specifics of virtual sports (the number of matches played and their duration), betting lines are always full of events in key areas, so the person can place bets at any time. Besides 4 new sports will appear soon – this is the NHL (National Hockey League USA), American Football, Beach Soccer, and MLB (Major League Baseball),” a BETProduct representative says.
If the providers of live sports events for bookmakers are sports associations, etc., then the providers of virtual sports are the development studios, which are often involved in the creation of video slots.
Also, according to the expert, the procedure for placing a bet is not too different from the standard one. The player also chooses a favorite after analyzing his statistics, and in case of victory, the odds are multiplied by the cost of the bet. However, the main difference is that matches in all directions are held here 24/7, approximately every five minutes.
How does virtual sports betting work?
Real broadcasts are the trend in this direction.
According to the company representatives, the main advantage of the method based on real matches and events over the 3D engine, which is also used by BETProduct, is real videos and real archived recordings of games and players. This allows bettors to watch world sports stars live.
“We have a fair game and the result is determined by the RANDOM system, and the profit is included in the margin, which currently stands at 92,5%,” a representative of BETProduct says.
Most often, clients are provided with several betting options: with a handicap, on a draw, a win, or an individual total. Besides, dozens of odds are offered by a variety of sports directions, which are determined depending on the implemented rules of the game. For example, in virtual football, the user can bet on corners, which is definitely not the case in horse racing or drag racing.
BetProduct is a provider of software for bookmakers and gambling businesses with a guarantee of high reliability and the most favorable conditions for operators of lotteries, bookmakers, and gambling projects.
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