Virtual racing betting systems
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- 11.07.2019
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That is an important distinction because virtual horse racing betting is only legal in states where online gambling is legal. If online gambling is not legal in your state, there is a good chance real horse racing betting is. If you live in one of the states with legal horse racing betting , licensed racebooks such as AmWager and TVG offer a similar experience — but with real horse races instead of virtual.
Players will find the company implements many aspects of traditional horse racing into its offerings. Inspired Entertainment and other developers design virtual horse racing to mimic the real thing as closely as possible. Players can expect to find pre-race odds displays just like one would find at the track, a full menu of betting options, streaming CGI video, and even in-race commentary.
Of course, the most significant difference is that virtual races are decided by random chance and not by the effort of real horses. But ultimately, the outcome of every race is determined by a random number generator. Virtual racing games pay winning bets at the end of each race, and the next race gets underway a minute or two later.
You can play and bet as long as you want because betting sites automate the entire process to provide hour racing action. Most of the same types of bets one could place on a standard race are also available on virtuals. Options typically include win, place, and show bets plus exotics such as exactas and trifectas. How Virtual Racing Works The most important thing to remember with virtual horse racing betting is that it is entirely random.
Although the presentation looks and feels like real racing, the mechanics make it no different than slots, roulette, or any other random gambling game. Betting sites rely on random number generators RNGs to produce unpredictable virtual horse racing results.
At the same time, operators can and do make certain outcomes likelier than others. The house has complete control over how much money its virtual racing games return to players on average, but the results are still random.
We can reconcile these seemingly contradictory claims by thinking of virtual racing as a raffle drawing and each horse as a ticket. The pre-race favorites may have six tickets in the drawing, while the longshot horses have just one or two tickets in the drawing. In this imaginary raffle, the RNG selects a ticket or a horse in this instance at random to win the race. The selection is random, but the system is more likely to pick a favorite than a longshot because the favorite has more tickets in the drawing.
Thus, the betting site gives appropriate weightings to favorites and longshots while still ensuring truly random results. Players should also know that operators conduct virtual race bets in the fixed-odds format rather than parimutuel-style. That means it is the betting site that sets the odds in a virtual race, which contrasts against real horse races in which all wagers are pooled together and the odds determined by market forces. What this all means for players is that it is impossible to gain an edge in virtual horse racing.
In real horse races, it is possible in theory to win over the long term. Virtual horse racing betting is pure gambling. Sometimes you will win, sometimes not, but the house will always have the edge over the long run. New races go off every minute or two on a continuous loop, day after day and week after week.
Players must know when to stop because virtual horse racing never quits. The single most important thing you can do to ensure you have a safe, fun time is to form a plan in advance detailing your stop loss and win limits. Pick an amount of money you can stand to lose without feeling sick about it and set that as your limit for the day.
If you lose any more money than that, you must quit no matter what. Another often overlooked strategy is to set a daily win limit to lock in any profits you attain on a good day. It is common knowledge in the gaming industry that players often turn winning days into losing days due to simple greed. They go on a hot run, rack up some nice win totals, and then give it all right back the very same day. You will dramatically increase the number of winning days you have by setting a reasonable daily win limit.
Set a single-day win limit and quit if your daily winnings ever exceed that amount. Nowadays, however, with so much advanced technology at their disposal, betting sites are able to produce stunning virtual racing games that at first glance, can sometimes be hard to distinguish from the real sport!
Strict licensing agreements, unfortunately, prevent betting sites from modelling virtual races on real-life racecourses. To combat this, operators have designed their own virtual tracks which, do a fantastic job of recreating the atmosphere of a real racecourse. The races mimic the same camera angles employed by television cameras during real-life live races and even track the positions of the horses while the race is taking place so you can keep tabs on the progress of your selection.
If we have to choose however, we would say that Betfred just pips it; only by the tiniest of margins. Virtual Horse Racing Cards Because there are considerably fewer variables that dictate the outcome of a virtual horse race compared to a real horse race, and, since the past form does not play a part in deciding the outcome, virtual horse racing cards are much, much easier to make sense of. All of these things combined means that the cards are simplified versions of real racing cards with only the most vital information on display.
These include but are not limited to the time of the race, the names of the runners, the odds prices and the bet types. To see the difference between a virtual horse racing card and a real horse racing card be sure to check out the full-size infographic on the virtual horse racing cards strategy. Virtual Horse Racing Software As previously mentioned, one of the most attractive features of virtual races is the fact that they are available for betting on-demand at any time of day.
Adding to this, they also feature outstanding graphics, audio commentary and sometimes even action replays whilst never experiencing any technical breakdowns. Most operators seek the services of the world-renowned supplier Inspired Gaming Group , hence why it is difficult to pick a winner for the best graphics!
Why Bet on Virtual Horses? Since its inception, virtual horse racing has steadily grown to become one of the most profitable virtual betting markets. This is largely because unlike real horse racing events where you sometimes have to wait for officials to review the race before your bet can be settled, or where there are non-runners, or sometimes even cancellations due to bad weather conditions, betting sites have made it so that virtual races are available on-demand, all day, every day.
The image above highlights some of the other attractive aspects of why you should and how to bet on virtual horse racing. Adding to this, virtual horse racing has been simplified to such a degree that no real knowledge of real-life horse racing is required. You simply log-in, pick your desired race, choose from either a win, each, forecast or tricast bet and wait a couple of minutes for the result! All results are determined by a completely unbiased number generator, which means there is no way to influence or manipulate the outcome of a race.
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