By the end of 2016, the company Slotegrator signed a deal with a new partner Golden Race, specializing in developing virtual sports. In this article Slotegrator’s specialists provide their own analysis of the benefits of this new trend, as well as the potential use that it might bring betting agencies and online casino operators.

Article summary

  1. What is “Virtual Sports”
  2. Varieties of V-sports
  3. Advantages of virtual sports
  4. Types of betting strategies
  5. Virtual Sports: state of affairs in CIS countries and Europe
  6. Virtual Sports and taxes
  7. Conclusion

What is “Virtual Sports”

This kind of trend can be simply referred as sports simulators. In other words, this is a purely artificial simulation of the real game through reproduction of its traditional principles and rules. Experts of the betting market claim that very soon virtual reality will entirely reproduce the reality itself. Any kind of sports might become virtual. Simulation of tournaments, matches, horse, and dog racing are carried out via a special computer program that takes into the account such criteria as rival’s forces, injuries, individual characteristics of certain players, etc.

The main difference between the real sports and virtual ones is that the final result of such competitions is predetermined by a random data generator or a so - called RDG machine and can significantly differ from the results of a real tournament. Virtual sports imply special types of bets accepted by different betting offices and online casinos. They can be determined as a certain variety of online gambling that enables players to gamble almost 24/7.

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