Horse Racing accounts for a large portion of bets placed online, along with Football and Tennis. While there are dozens of races held every week across the globe, there is still a huge demand for horse betting action. Thanks to advances in virtual screening technology, bookmakers have been able to provide punters with hundreds of additional races in the form of virtual horse racing betting.
How Virtual Horse Racing Works
A virtual horse race is a computer-generated simulation of an actual horse race complete with famous horses, jockeys and a virtual crowed to cheer on the runners. The races are screened throughout the day with each one producing a different and randomized result. A limited selection of racing bets is available for each race, giving punters that extra bit of betting action when no live races are available.
How the Results Are Produced?
Unlike traditional horse racing, there is no way to accurately predict which horse will win a virtual horse race. The results are produced using random number generators, much like they are in the mobile pokies NZ has to offer. Bookmakers do publish the results of previous virtual races for your benefit. This is both a good and bad thing. It suits a lot of punters because you don’t have to do any research on the different horses, who trained them, what their health status is, and how much training they received in the off season.
Virtual Betting Options
The full number of bets available on a virtual race differs depending on the bookmaker providing the service. In most cases, the markets are limited to just a handful of betting options. These include:
- Win Bet – Pick the horse you think will win the race.
- Placing Bet – Pick the horse you think will place anywhere in the top 3.
- Forecast – Pick two horses to finish 1st and 2nd in the exact order.
- Tricast – Pick 3 horses to finish 1st, 2nd, and 3rd in the exact order.
Virtual Horse Racing Betting Strategies
As mentioned above, there is no reliable way to predict which horse will win a virtual race. Every race is completely different with a fully randomized outcome. So, what betting strategies should you implement?
The more difficult the bet, the more you can expect to be paid out. If you are just starting out, stick with bets that have a higher probability of winning such as placing bet. Any winnings gained from low-risk bets can then be put into higher risk bets for a bigger profit.
The Benefits of Going Virtual
There are many reasons why you would want to bet on a virtual race. Firstly, watching and betting on virtual races is fun, and a great way to keep your enthusiasm for the sport going. You also get to see digital representations of some of the most famous horse in action, and you can bet on them. Virtual horse betting is also perfect for filling those gaps where no live racing action is taking place.