Many have now set their eyes on esports and virtual sports amid the coronavirus outbreak as sports matches have been put on hold for an indefinite time. But many still confuse esports for virtual sports, and the other way around. Are you one of them?
With online sports betting industry suffering a huge blow from the COVID-19 pandemic, sports bettors have shifted their focus on esports and virtual sports for the past weeks. This has resulted in the increasing popularity of esports betting, as well as the reemergence of virtual sports betting.
These two – esports and virtual sports – are by no means similar to each other, but there are some identical features at first glance. This is the reason why it is easy to get these two completely different markets mixed up. Here, we will look at how these two are different in terms of what they are and what they offer before you head down to the hottest crypto sports betting sites today.
How Do Esports and Virtual Sports Differ?
The simplest way to understand the difference between these two is to know what esports and virtual sports are.
Esports is the term given to the idea of gaming seen as a sport. This involves the video game industry, which produces games that have reach mainstream popularity, so much so that professional players join tournaments and compete to win prizes. This concept simply involves a video game that real players play.
Some of the popular esports games are:
- Counter-Strike: Global Offensive
- League of Legends
- Dota 2
- Call of Duty
While esports are more directed toward adults, there are reasons that show why having esports in schools are beneficial for kids and young adults.
Compared to esports, virtual sports are computer-generated sports like football, racing, basketball, etc. with fixed results. Human intervention in these games is absent, thereby leaving the fate of the matches entirely dependent on the RNG software. In short, no players control the outcome of the matches.
From the perspective of online betting, esports betting is more attuned to the mechanics of sports betting relative to real-life sporting events and matches. Virtual sports betting, on the other hand, is similar to playing RNG games but with the focus on popular sports.
Opportunities for Esports Betting and Virtual Sports Betting
Before anything else, it is important to assess where the attention on esports betting and virtual sports betting are coming from.
Why Are Esports and Virtual Sports Popular?
- Esports betting includes the most popular video games on computers, consoles, and mobile.
- Esports betting involves the biggest esports tournaments and events happening across the world.
- Virtual sports betting enables bettors to make sound decisions based on statistics.
- Virtual sports betting treats virtual sports similar to real-life sports matches in terms of schedule, team’s game style, etc.
With these, there are various ways esports betting and virtual sports betting can change or improve. For one, organizers can set up more esports competitions using top video games that professional players can join and on which bettors can wager. An example of this was when pro racers joined the friendly tournaments of Formula 1 and NASCAR during the coronavirus pandemic. This has opened doors for other games to enter the world of esports and potentially receive positive reception, as well as join the ranks of the most popular esports games to date.
Virtual sports betting, on the other hand, can include more sports as well other than football, horse racing, and basketball. iGaming software companies can focus on developing more virtual sports titles for hockey, tennis, American football, MMA, and boxing, to name a few.
Moreover, as to how long the need to stay indoors and practice social distancing during these difficult times remains unknown, operators and organizers can continue to bank on the renewed interest in esports betting and virtual sports betting. They can also use this popularity as a first step to fully launch virtual sports betting as a solid betting option and not just as an alternative to online sports betting. Ready to get started? Here’s where you can bet on virtual sports with Bitcoin.
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