What Is Virtual Sports Betting?

While the world is still on the quest to determine the impact of the Covid-19 pandemic on sports betting, it’s clear that betting will look very different in the future.

With the world’s best football and tennis players opting to stay at home to reduce the spread of the virus, fans and gamblers alike are seeking alternative ways to follow their passions. Virtual sports betting is one of the most innovative solutions to emerge in the aftermath of the pandemic, providing fans with the thrills of attending live sporting events from the safety and comfort of their homes.

Here we answer the most common questions about virtual sports betting:

Does It Require An Internet Connection To Function?

In most cases, virtual sports betting does not require an internet connection to function. However, online betting sites frequently require customers to have an active internet connection in order to use their services. In these instances, virtual sports betting is completely disconnected from the internet and will work regardless of your internet connection status.

Betting sites like bet365 and Paddy Power allow for seamless cashless deposits and withdrawals, as well as the availability of betting markets across a number of sports and contests, all from the convenience of your home. This means that even if you’re lacking an internet connection, you can still access your account and place bets.

Can I Use My Mobile Phone To Place A Bet?

Yes, you can use your mobile phone to place a bet on virtually any sports event or competition through the use of virtual sports betting applications. Thanks largely to the Covid-19 pandemic, many fans now have access to high-quality mobile phones with the processing power to execute financial transactions and the network connectivity to access online APIs and databases.

OddsBettings is one of the more popular virtual sports betting applications, enabling users to create a free account with minimal information required and place bets on a range of events, including football, hockey, tennis, and golf, as well as American Football, NASCAR, and more. This multi-platform app is available for iOS and Android devices and can be used to place bets on any event, anyplace, anytime.

How Is The Winnings And Losses Calculated?

If you’re a skilled bettor, you may be able to profit from small fluctuations in the market prices of individual teams or players. However, if you’re just planning on placing low-risk bets and want to keep track of your winnings and losses, it’s best to go with a sportsbook that offers all of this functionality within the platform. Some of the more popular and innovative sportsbooks allow you to create and manage multiple accounts and a large cash balance, with all winnings and losses automatically tallied and stored in your account. This type of transparency is ideal for those who want to keep track of their betting activity but also not require the constant attention of a bookmaker. If you choose a sportsbook which offers this type of functionality, you can be sure that its results will be easily accessible and that your winnings and losses will be correctly allocated.

Are There Any Incentives Or Bonuses For Signing Up Or Using The App?

Most online sportsbooks and betting applications offer no incentives for signing up or using their services, but this doesn’t mean they don’t work. If you’re looking for a quick way to make a few extra bucks, you can find plenty of offers and promotions for new users, including welcome bonuses, match bonuses, and deposit bonuses. Keep in mind though that these promotions often come with stringent terms and conditions, so read the small print carefully before taking up the offer.

What Is The Maximum Total Bet Amount?

This will vary from bookmaker to bookmaker, but the general rule of thumb is that the maximum legal betting total is usually around £30,000 per day. However, many sportsbooks and betting applications have daily limits, so make sure to check the small print before placing a bet which exceeds these limits.

How Can I Contact Customer Service?

If you experience any issues with your account or have any questions about the usage of the service, the best course of action is usually to contact customer service. Simply type in your full name on the contact page of the mobile phone app or website and you’ll be connected to the most appropriate person. While customer service contact details may vary from one website to the next, in most cases you can find a phone number, form email, or live chat option which you can use to get in touch.

Do I Need To Set Up A Bank Account To Use These Websites?

Although it is possible to make use of several different credit cards to make deposits and place bets, many betting sites and sportsbooks require prospective customers to open a separate bank account. While this is not a difficult process, it is one which some people may not want to undertake just to bet on sports. If you do decide to set up a bank account, ensure that you notify your bank and credit card companies of what you are up to. This will ensure that your account is not flagged as being suspicious by the banks, as there is usually no need for this. You can also ask your bank to put a note in your account file so that there is no mistake if the banks were ever to ask any questions about your activities.

Virtual sports betting is a relatively new concept, but it’s one which shows no signs of going out of fashion. With the world’s best football and tennis players opting to stay at home to reduce the spread of Covid-19, the industry will be looking for new ways to keep fans connected to their sports and gambling pleasures. Virtual sports betting allows fans to place bets with the swipe of a finger and keep track of their wins and losses on their mobile phones, all from the safety and convenience of their homes.