Virtual Sports Betting: What Are Virtual Sports & How Can You Bet on Them?
The betting world has numerous unique opportunities to bet on out-of-the-box things. One such opportunity is virtual sports betting which we explain below.
Table of contents
- What are virtual sports?
- How do you bet on virtual sports?
- How to bet on virtual sports using bitcoin on 1xBit
What Are Virtual Sports?
Virtual sports are a unique betting alternative on sportsbooks that simulate real-life sports and games and are built using specific algorithms.
These sports are simulated according to the specific rules of a game or sport but have no real players participating in them. Instead, each game or sport uses an algorithm to randomly determine the outcome of a match or race.
For a person interested in virtual sports betting, this would mean that the wager on an outcome is based on the algorithm’s final play.
Some virtual sports you can bet on using 1xBit include virtual horse racing, virtual greyhound racing, virtual football, virtual fights, virtual motorbikes, and virtual casinos.
How Do You Bet on Virtual Sports?
Betting on virtual sports is relatively easy because most virtual sports have similar betting options as their real-life versions. For instance, if you would like to vote on virtual football, you would be presented with several betting options.
One such option would be to place a match result bet where you will pick the final outcome or result of a match. Another alternative in virtual football would be a double chance bet. In this kind of bet, you will choose between two of three possible outcomes. The first would be that team A would win, the second would be that team B would win, and the third option would be that there would be a draw. A double chance bet will therefore allow you to pick two of these options, either a team A win and draw or a team B win and draw.
To bet on virtual sports, you first need a sportsbook that offers virtual sports betting. One such online sportsbook is 1xBit.
Next, you will look through the virtual sports offered and their virtual sports schedule to see what times the sports start and end. Lastly, you will register on the site and wager on your virtual sport of choice.
Betting on virtual sports has its perks, such as having regular betting opportunities. Since virtual sports are run by a sportsbook or a specific virtual sports company, the game’s times are not determined by outside factors like tournaments. Further, because the outcomes of virtual sports are determined by an algorithm, they are considered fairer by reducing human errors.
Below, we take look at how you can participate in betting on virtual sports using bitcoin on 1xBit.
How to Bet on Virtual Sports Using Bitcoin on 1xBit
Let’s take a look at how to bet on virtual sports on 1xBit.
1. You will first need to register on the site and make a Bitcoin deposit into your account.
2. After registration and deposits, you will proceed to the homepage of the site. There, you will see a list of things you can bet on at the top tab of the screen. These include ‘Sports,’ ‘Live,’ ‘Esports,’ and more. On that tab, click on ‘More,’ then on ‘Virtual Sports.’
3. The next screen will show you different virtual sports companies that all have virtual sports and games on 1xBit. Here, you will choose the company that you would like to play with. We pick the ‘Golden Race’ virtual sports in this example.
4. Once you choose your virtual sports provider, you will see a list of sports that you can wager on. In our case, we pick a virtual horse race where we then choose the wagers we want to place, and click on ‘Place a bet’.
5. After placing your bet, you can watch the sport as it happens in real-time!
Once the match or race is over, your final earnings will be determined by the match’s outcome.
To start betting on virtual sports, check out the 1xBit Virtual Sports and sign up for a free account today!