Worldwide Virtual Sports Betting Upcoming Trends 2021

This type of online sports betting is currently playing a crucial role in the sports industry. Many players are attracted to this type of sports betting since they take the same approach as online casinos. Since virtual sports betting has been there for a while, trends keep emerging and changing every day on how people bet through virtual betting. 

Emerging Virtual Sports Betting Trends

Virtual sports were introduced to cover the gap between real-life sports events and get rid of boredom. The reason being that virtual sports lets users play and bet on a tournament’s outcome all day seven days a week. That was a few years ago. Today, virtual sports play a great role in online sports betting and gambling. Back in 2018, a fifth of online revenues and over-the-counter bookmakers income came from virtual sports.

In Europe, virtual sports have really taken roots, with many players participating in virtual sports betting. Other countries across the globe have also followed suit. In Africa for example, many football lovers are participating in virtual sports and betting because it is among their favorite sports. European virtual sports players are big fans of horse racing.

Virtual sports betting trends have changed and many people are embracing it as a pastime. Virtual sports betting constitutes 15% of all sports betting made globally. However, this figure varies from region to region based on the regulations set by authorities and the betting market size. In Italy, for instance, the percentage can go up to 20%, while in Europe, since live horse racing and football dominate, the number is slightly low.

Countries that have their authorities strictly regulating real sports betting, are regions where virtual sports betting is dominating. Besides that, every year, virtual sports betting seems to be growing rapidly, unlike real sports betting.

What Does the Future Hold for Virtual Sports Betting 

As technological advances change for the better, many sports experts are predicting a bright future for virtual sports betting. These advances will lead to realistic and high quality graphics, which plays an essential role in enhancing punters’ playing experience. In other words, many players will opt for virtual sports, as the technology used to create them improves for the better. 

Virtual sports providers will have to be more innovative if they want to make it in this competitive industry. Besides horse racing and football, they will need to expand virtual sports offerings to include other sporting disciplines. Besides coming up with more virtual gaming ideas, companies will have to go the extra mile to offer a wide range to punters. Another thing is that as people continue to embrace virtual sports, providers will have to introduce new betting markets to suit various niches and interests. Scandinavia, for instance, is known for winter sports, therefore, this type of sport will have to be included in catering to such punters. 

Virtual sports betting is also going to be more flexible, where providers will introduce options like in-play betting. This option lets bettors place bets even when the game has already started. Sports betting experts say that such options will improve the playing experience and attract even more fans to the virtual sports betting industry.

Adding contextual elements in virtual sports betting is another innovation that punters are looking forward to. Instead of just creating a series of random games in sports such as football, competitors will have to create major competitions, where various teams around the world can participate in. In the future of virtual sports betting, providers will allow collecting and analyzing data from previous games. This will help to predict future results based on the gathered information. It will be just like real sports betting. 

Another interesting innovation is the introduction of virtual reality technology in the virtual sporting world. There has been a significant improvement in such technologies and virtual sports providers are heading towards that direction to improve playing experience. The virtual sports trends nowadays is all about the flexibility it offers to players and improving the playing experience. However, the revenue generated by virtual sports betting will not outmatch revenue from real sports betting because virtual sports betting is just a supplementary product to real sports. 

Technological advances in sports really affect its reception. In virtual sports betting many players are always looking for new experience. They are always looking for virtual sports experience that will keep their adrenaline rushing and that is why improvements are a must when dealing with virtual sports betting. 

About BetAdrian Sportsbook 

BetAdrian is an online sportsbook that has helped sports lovers all over the world have fun through sports betting while making money. They started way back in 2007 offering odds and they are the only online sports book with integrated European and American Style focus and dedicated to sports betting. Their mission is to provide simple, easiest, secure and pleasurable online sport betting experience. For more information you can visit us.