Virtual sports betting is gaining popularity because major, popular sporting events are held not that often, whereas in a virtual world the UEFA Cup may be played out every day. A virtual football game takes only a few minutes, therefore events can be run back to back. That greatly increases casinos’ turnover due to frequent bets of their users.
Virtual sports bets are an essential attribute of numerous sportsbook platforms, such as Betradar, Golden Race, Kiron, Betgames. Sportsbook software is embedded into an existing online platform or comes with it if a client chooses development from scratch.
Best sportsbook solution providers
- lots of popular sports, including football, basketball, tennis, races, cricket, Formula One;
- flexible outcome odds management with the ability to set up a game schedule and a profit margin for every event or group of events;
- optimization for brand features and a powerful system of plug-ins which may be added or disabled based on operator’s needs;
- customizable backoffice;
- popular payment systems and financial management tools;
- platform installation on a reliable server;
- 24/7 technical support and reporting tools.
SoftGamings experts will integrate the chosen platform into your online casino, using powerful, flexible, fully managed API. There are also White Label solutions available, which will personalize your brand and increase brand awareness.
Advantages of virtual sports for online casino operators
- An entrepreneur thinks in financial categories, so criteria for effectiveness of every solution would be its profitability and payback period (preferably quick). With virtual matches being fast-paced and available around the clock, gamblers constantly make their bets, ensuring a stable income for your casino.
- Every online game, from slots to virtual sports, has a profitability ratio, and it thanks to it that casinos stay afloat and thrive. The more users you have, the more money ends up in your casino, and some new gambling content will definitely help to expand your audience.
- The number of interactive games is constantly growing, new sports are added and graphics are getting better. Players don’t need to have outstanding intellectual abilities to master sports betting. Everything is very simple and easy to understand. In addition, many platforms allow gamblers to make bets long before an actual event: for example, they can choose an outcome of a game of season 20, even if it is season 1 now.