Virtual horse racing has been a big hit with online bettors in recent years, and it’s not hard to see why. Virtual horse races let people bet on computer-generated horse races at virtual race tracks every few minutes during the day. Many people like these races because they’re easy to get to and offer good odds. However, there are a bunch of myths about virtual horse racing that keep many people from trying this fun betting game. Here are five myths about virtual horse racing that you should know to avoid.
Technology for Virtual Horse Racing
Since its early days, virtual horse racing has come a long way, thanks to high-quality software from companies like Inspired Entertainment. For example, people who bet on 888 horse racing betting on virtual sports can have a real betting and sporting experience.
Inspired is one of the top game development companies that has put a lot of money into making fully licensed and regulated horse racing games.
People who bet on horse races can enjoy it 24 hours a day, seven days a week, because these are branded to meet the needs of the bookmakers who sell them.
Types of virtual horse races
Bookmakers have tried to make sure that their virtual horse racing service is as close to the real thing as possible.
A flat race is usually held over a few different distances, and it usually takes between 20 and 40 seconds to finish. There are similar lengths for National Hunt races. People usually have to jump over four or five things.
It’s now possible to watch some races with Virtual Reality technology that lets people fully immerse themselves in action.
Betting on virtual horse races
Win, each way, forecast, and tricast are some of the ways to bet on virtual horse racing. The odds and returns for each of these are already set.
People who want to bet on a race can look at how each runner has done in the past, even though this has no real benefit. A Random Number Generator decides the outcome of each race, and it does this for all of them.
As a rule, bookmakers must show the percentage of virtual sports bets that return to the player (RTP). This is usually around 96%.
Statistics may help you predict results.
It isn’t unusual to want to look up your favorite horse’s previous results before you decide to back it. You can’t look at the form guide to make your choice more convincing because each race is a random, computer-generated event. However, you can always boost your chances of winning by betting on the race, so think about betting on your horse all the way to get more money back.
It isn’t that dissimilar to real-life horse racing.
According to experts, it is very easy to link virtual horse racing betting with real horse racing in your mind. They both similarly stimulate the brain, from feeling when you lose or win to how the race looks and sounds. When you think about virtual horse racing, it’s important to know that it’s all gambling, while real-world horse racing has a little skill. It’s also faster and easier to bet on horse races with digital betting. With this in mind, you can accept the risk of betting on simulated races and keep the two separate in your mind.
The Outcomes Are Predetermined
People believe that virtual horse racing is like real horse racing because it is done on a computer. Fixed results are one of the most common myths about this. Many people think that the software can be used to give bookmakers an unfair advantage because it is in charge of what happens. This kind of manipulation isn’t very likely because the results are generated by a random number generator (RNG). There is no place for corruption because an RNG generates the results. Another thing that could happen if a bookie is found guilty of these illegal activities is that the bookie could lose their license.
The huge public outcry and the PR disaster that comes with being caught cheating are enough to keep many bookmakers from playing dirty. Finally, the overground method used to figure out virtual racehorse odds is profitable for bookmakers, so there is no need to play games.
It Is Only For Experts
Many people think that virtual horse racing is difficult and should be done by people who know the most about it. However, virtual horse racing doesn’t require you to know all the facts and statistics about real-life horse racing. There’s no need for you to do more research to work with the odds. In addition, the interface of this software is usually simple to figure out, so even if you’re new to virtual horse racing, you can still enjoy it.
A Long Winning Run Is Possible
Many people think they have the luck of the Irish when they win two or three virtual horse races. However, you can quickly go over your win or loss limits if you don’t pay attention. You are more likely to lose your money if you bet again, so it is best to gamble in moderation and walk away with what you win.