Last updated on: July 17th, 2023
Betting On Virtual Sports
Virtual sports betting on legal online betting sites have come a long way and there are several different avenues to go down when betting on them. First off, the legal online betting sites that offer odds on virtual sports are known to be some of the best in the industry with all that they have to offer such as safe platforms, betting bonuses, and much more. Throughout this page, we’ll go over what it means to use virtual sports betting sites that take U.S. residents.
- Betting Bonuses On Virtual Sports
- Quick Payouts After Betting
- Easy Registration Process For New users
- Betting On Sports Video Games
Bovada is known as the leading online sportsbook when it comes to betting on virtual sporting events. They offer virtual sport betting odds on any sports video game that you could think of and are constantly up to date with them in terms of the games that they are using to offer odds on and the rosters that you are betting on as well. Bovada also offers some great promotions for new users that are worth up to $250 in risk-free credits.
- Live Betting
- Big Bonuses
- Easy To Use
- Mobile Betting
- Best Odds
It wouldn’t be legal online sports betting without cryptocurrency and BetOnline does a great job in accepting a wide margin of cryptos for you to bet on virtual sports. You can choose to bet with up to 17 different cryptocurrencies ranging from Bitcoin to Apecoin and everything in between. The great thing about using crypto to bet on virtual sports is that they do not require you to pay any fees with your transactions and you can also link your betting account right to your crypto wallets.
- Reliable Banking Methods
- Strong Server Connection
- 10+ Year Track Record
- Huge Assortment Of Odds
- No App Mobile Betting
MyBookie takes safety to another level and has some of the top safety features that an online sportsbook could offer. Starting with their customer service, it runs 24/7 and you will never have to worry about getting in touch with a representative as you can do so either by phone, email, or live chat from your account. Secondly, the encrypted links that they have in place are of the highest quality protecting both their servers and your web browser and all that goes between them.
- Huge Player Bonuses
- Consistent Odds
- Easy Interface
- Rapid Live Betting
- Legal In Hawaii
Is Virtual Sports Betting Legal?
Legal virtual sports betting came very popular when the pandemic began in early 2020. The fact that everyone was relying on virtual sports for entertainment makes it obvious how virtual sports betting was able to get so big. Bettors would go down and post big time bets on these virtual games and virtual matchups and it is very much legal for them to do that. The place that this can be done is legal online sportsbooks that will have virtual legal sports betting up and a top betting option. Even though this is different than regular sports, the money that can be won can still be the same. Players can check out land based sportsbooks but there won’t be as many different betting options there as there is on any online sportsbook. So the fact is that Virtual sports betting is legal and draws more of a crowd not only to virtual sports, but also to the online sportsbooks that offer them.
Types Of Virtual Sports You Can Bet On
For virtual sports betting, betting on greyhound racing is one of the most well-known forms, and is where bettors can choose which greyhound will win the race, and sit back and watch the live pre-generated computer race unfold. However, these virtual sports have evolved over the years, with live simulations of basketball, soccer, and other sports, that looks like a bettor is watching a game of 2K or FIFA. The only difference is betting on one of the teams can result in winning big.
List Of Sports For Virtual Betting
- Basketball League
- Soccer League
Virtual Sporting Games To Bet On
Any sporting game that you can think of will have odds on them on selected legal online betting sites. That includes games on major sporting leagues such as the NFL and NBA. When betting on one of these virtual sporting games, the online sportsbooks will let you know the rosters that they are using for these games which can become a factor in your decision.
- NBA 2K
- NFL Madden
- MLB The Show
- EA Sports NHL
What Types Of Bets Can You Make On Virtual Sports?
With virtual sports betting, its no different than real sports betting or esports betting. You will find the betting line, take action on the odds you want, and play to win big. Virtual betting lines will be the same as any other. One team will be favored over the other, there will be odds for the spread, and there will be odds for the totals. You can bet on who will win, by how much, and what the Over/Under is on the combined score. With certain virtual betting, the odds are determined by the real-life counterparts’ stats and skills of the virtual teams and players.That type of virtual betting is basically identical to betting on real-life sporting events. The more comon type involves fictional teams so betting on them is more of a game of chance rather than skill.
Is There Virtual Sports Betting For College Sports?
Virtual sports betting on college sports is coming as the Name Image and Likeliness deal with college athletes now permits athletes to use their names and images to get paid on things such as video games. That said, you soon will be able to bet on virtual sports for popular sports such as college football and college basketball. EA Sports is aiming for a 2023 release of NCAA Football.
Virtual Sports Betting Types
Single Bets – A single bet is a wager on any one outcome from a virtual event. You can make multiple singles bets.
Combi – Combi bets are wagers on two or more outcomes from a virtual event. Think of these as the virtual sports betting equivalent of Parlays.
System – System bets are wagers in which you pick three or more outcomes, and then you get rewarded based on how many of them you got right. Combi’s with a built-in hedge.
Split Column – Subset of System bets. You choose three or more outcomes, at least two need to be from the same event. You need to get at least one wager right from each event in the Split Column wager to win it.
Future Outlook Of Virtual Sports Betting
As modern computers continue to evolve and increase in processing capability, virtual sports betting is only going to become more immersive and ubiquitous. The NBA is already trailblazing the way for other major sports leagues by launching its own virtual sports program called NBA Last 90. By combining the instant gratification and enticing uncertainty of virtual sports with the familiarity of real teams and plays, Last 90 is the perfect introduction to virtual sports for bettors looking for something to power them through the dog days of the NBA offseason (or the regular season; 82 games is a lot). Depending on how successful Last 90 is, other major sports leagues might follow suit in launching their own virtual sports platforms.
MyBookie Madden Simulated Game Betting
MyBookie online sportsbook offers betting lines for Madden20 simulation games. These games are played strictly by the in-game computer on the highest difficulty setting, All-Madden. The process is simple, two teams are chosen, the CPU plays the games out with 15-minute quarters, and no real player influence affects the outcome. Fans can place bets on the over/under, Moneyline, and spread; the same as if it were a real-life NFL game. This is just another way for sports bettors to wager with virtual sports betting. Madden simulation games are another great way to get in on virtual gaming action.