How Does GTA Betting Work?

GTA, or Grand Theft Auto, is a popular game developed and published by Rockstar.

This game allows players to travel the world and perform random acts of violence, all while betting on sporting events, and it’s been a popular sport to place bets on since the game’s inception. The concept behind GTA betting is simple: You place bets on whether or not someone will complete a certain task, and then you watch the events unfold in real time, as they are covered by the media.

But how exactly does it work? Let’s take a look.

The Basics

Before you can place bets in GTA, you’ll need to register an account with Grand Theft Auto Online, the online component of the game. This is a one-time process, and after you’ve registered, you’ll be able to place bets via the Grand Theft Auto website, MyGTA.com. You can use MyGTA to look up odds, check the status of your bets, and much more.

It is important to note here that while it is possible to place bets in GTA offline, as a rule of thumb it is not recommended; instead, you should register for an account and then do all of your gambling online, where you can trust the security of the site you’re on.

Placing Bets

Once you’ve registered for an account in GTA online, you’ll then be able to place bets. To place a bet, you must do the following:

  • Select the event you wish to bet on
    • TBA (To Be Announced)
    • Super Bowl
    • NBA (National Basketball Association)
    • NHL (National Hockey League)
    • MLB (Major League Baseball)
    • Copa América
    • UEFA (Union of European Football Associations)
    • EFL (English Football League)
    • WTA (Women’s Tennis Association)
    • FA (Federation of Association)
    • TTT (The Tour)
    • Golf Masters
    • Auto racing
    • Trophee des Champions
    • Australian Open
    • French Open
    • Wimbledon
    • British Open
    • U.S. Open
    • PGA (Professional Golfers Association)
    • FedEx Cup
    • NASCAR (National Association for Stock Car Auto Racing)
    • ARCA (Automobile Racing Council of America)
    • Indianapolis 500
    • Daytona 500
    • Las Vegas Motor Speedway
    • Night race
  • Select the team you think will win the event
    • TBA (To Be Announced)
    • Super Bowl
    • NBA (National Basketball Association)
    • NHL (National Hockey League)
    • MLB (Major League Baseball)
    • Copa América
    • UEFA (Union of European Football Associations)
    • EFL (English Football League)
    • WTA (Women’s Tennis Association)
    • FA (Federation of Association)
    • TTT (The Tour)
    • Golf Masters
    • Auto racing
    • Trophee des Champions
    • Australian Open
    • French Open
    • Wimbledon
    • British Open
    • U.S. Open
    • PGA (Professional Golfers Association)
    • FedEx Cup
    • NASCAR (National Association for Stock Car Auto Racing)
    • ARCA (Automobile Racing Council of America)
    • Indianapolis 500
    • Daytona 500
    • Las Vegas Motor Speedway
    • Night race
  • Select the financial institution you want to use to place the bet
    • Bank
    • Credit card
  • Enter the amount you want to bet
    • $5 to $100
    • $100 to $500
    • $500 to $1000
    • $1000 to $5000
    • $5000 to $10,000
    • $10,000 to $20,000
    • $20,000 to $50,000
  • Click “Place Bet” to finalize your bet.

Confirmatory Betting

After you’ve placed a bet in GTA, you’ll then be prompted to confirm it. To confirm a bet in GTA, you must do the following:

  • Click “Confirm Bet” to finalize your bet.
  • Select the team you’ve chosen for the event, and then choose which team you think will win the event.

Confirmatory betting lets you change your mind about a bet you’ve placed. You cannot retract a confirmed bet once it’s been placed; you can, however, change your mind about the team you’ve chosen for the event. You also have the option of placing additional bets, after you’ve confirmed your initial selection.

Betting Limits

While it is possible to place unlimited bets in GTA, as a general rule of thumb it is not recommended. The maximum amount you can bet on any given event is either $5, $10, $20, or $50, depending on the type of event you’re betting on. For example, if you bet $5 on a given NBA game, you’ll be able to change your mind and bet $10, or $20, or $50, as many times as you like. But if you bet $100 on a given event, you’ll be able to change your mind only once, and if you bet $500, you’ll be able to change your mind twice, but only after your original bet has been confirmed.

It is also important to note that while it is possible to place bets in a variety of currencies other than U.S. dollars (i.e., British pound, Euro, etc.), the site will only display the currency in which you’ve registered, which in most cases will be U.S. dollars, due to the game’s popularity in that country.

Payouts and Returns

When an event in GTA ends, whether it be a completed task, a match, or a race, you’ll then be presented with the option of either cashing out your earnings or waiting for the results to come in.

If you choose to cash out your earnings, you’ll then be presented with the option of how you want to receive your money:

  • Bank deposit
  • Money order
  • Credit card
  • Electronic fund transfer (EFT)
  • Checks
  • Bitcoin
  • Luminous

Depending on how you choose to receive your money, it could take a couple of days or weeks for your money to arrive in the mail. But don’t fret – you can always contact the site directly if you’ve lost access to your account information.

Media Reports and Odds

After an event in GTA has ended, you’ll then be able to access the media reports and odds regarding that event, via the following: