Esports betting is different from virtual sports betting. But which one is the perfect fit for you? Don’t worry, because we're here to help you decide.
The COVID-19 pandemic really took a toll on the online sports betting market. As practically almost all sporting events were cancelled or delayed in much of 2020, the iGaming market shifted from sports betting to esports betting and virtual sports betting.
As we begin to slowly see action in tournaments and leagues of various sports, so do more sports bettors’ rising interest and curiosity toward esports betting and virtual sports betting. And since you’re here reading this article, we’ll help demystify esports betting, as well as virtual sports betting.
But before anything else, you need to know the difference between esports and virtual sports.
Esports vs virtual sports
While seemingly similar, esports and virtual sports are two completely different sports. Still, many people tend to get confused between the two. To make things easier to understand, here’s a simple way to identify which is which:
Esports involves the video gaming sector. Yes, the video games we play on the computer or on gaming consoles like PlayStation and Xbox. And in some countries, esports include mobile games like Mobile Legends: Bang Bang that have become popular enough to enter the professional esports scene.
Some of the popular esports games today are Counter-Strike: Global Offensive, League of Legends, Dota 2, Call of Duty, Overwatch, and many others.
Virtual sports, on the other hand, pertain to computer-generated video sports that are entirely dependent on a random number generator (RNG) software. This means that how a virtual sports match will go is based on the algorithm pre-determined by the RNG software. In short, there isn’t any human intervention.
You can practically think of any sports included in the virtual sports space, but expect to find popular ones like football, basketball, horse racing, and more.
Esports betting vs virtual sports betting
Now that you know the difference between esports and virtual sports, it’s now time to understand why betting on esports is different from betting on virtual sports. Below is a table to show the attributes that make each unique:
Real humans vs RNG algorithm
The very first thing you should understand is that esports betting is like placing bets on Premier League teams whereas virtual sports betting is like playing RNG casino games.
In CSGO betting, Dota 2 betting, and League of Legends betting, for example, you’re betting on the professional esports players competing in tournaments or leagues. As such, you should be considering several factors before placing your bet, like the team’s winning or losing record, skills, and the ability to pull an upset, among many others. This is the reason why the concept of esports betting is similar to that of sports betting.
In contrast, when you make a virtual bet, you’re wagering on the possibility of your chosen team winning the match, as pre-determined by the RNG algorithm. This means that in virtual horse betting, a winner has already been selected by the software even before the race begins. Such isn’t the case when you’re betting on the Preakness Stakes, for instance.
Predictable winners vs random results
This is in connection to the previous comparison. Since you have the ability to know the strengths and weaknesses of various esports teams, you can then come up with a sound analysis and prediction of how a match will end. In fact, doing thorough research of different professional esports teams is one of the things you must do before placing a bet. Read our Get Started With Bitcoin Esports Betting in 5 Easy Steps article to help you prepare for esports betting.
The complete opposite, however, is the case for virtual games betting. Keep in mind that every pass or goal made in a virtual football game, as an example, has been pre-determined by the virtual betting software used by the online sportsbook. There’s no need for you to know the teams’ abilities nor the players’ video gaming skills. Everything is based on the RNG. Therefore, the concept of betting on virtual sports is similar to playing online slots.
Scheduled vs 24/7 availability
Another thing you should consider is how time plays a key role. Esports matches are completely dependent on the match schedule of a tournament. More importantly, certain tournaments happen only once a year. This means that you should keep an eye out for the esports events you want to bet on.
In virtual sports betting, however, you’ll find a match to bet on any time because it’s available on betting sites all throughout the day. Remember that these matches are 100% based on a virtual sports betting solution or algorithm, so there’s absolutely no need for any human being to start a match.
Fictitious vs realistic
Although there are realistic esports games like Call of Duty and NBA 2K League, there’s no denying the most of the popular esports games today are based on fiction. You have Dota 2 and League of Legends as multiplayer online battle arena games featuring heroes and champions with out-of-this-world strength, skills, magic, and abilities. Then in Overwatch and Valorant betting, you see characters shooting one another while using special abilities to outsmart and outplay opponents.
But when it comes to virtual sports betting, you’re betting on computer-generated teams or players that act and function like how a real human player would.
Which of the two should you chose?
We hope you now have a clear picture of esports betting and virtual sports betting. Even better, we hope that you will no longer one with the other. With this, it’s now time to make your decision: which one is for you?
If you’re the type of bettor who prefers to analyze players, teams, and game strategies, then esports betting is the clear choice. This means that you’re eager to do your homework and that you fully understand that how a match will turn out will be based on certain factors.
If you prefer to bet on a more realistic sport, then virtual sports betting is better for you. It also helps if you’re already knowledgeable of various virtual sports like football, basketball, and horse racing, so that you no longer need to know new rules and gameplay.
But there’s a much better choice, and that is to explore both esports betting and virtual sports betting. We’ve already established how different these two are, which means that you’re bound to experience two distinct betting styles. So, why not choose both? Don’t worry because we’ve listed below great choices for esports betting sites and virtual sports betting sites if you want to use Bitcoin or other cryptocurrencies.
Check out our Where Can You Bet on Virtual Sports With Bitcoin? article to know your best options for Bitcoin virtual sports betting. And for your fiat and Bitcoin esports betting fix, we’ve got you covered, too! Our Top Esports Betting Platforms You Should Choose article will lead you to the right esports betting sites.
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