Virtual Sports Betting: A Beginner’s Guide to Placing Your First Wagers

Have you heard about virtual sports betting that’s now available at Ladbrokes and want to give it a try but don’t know where to start? This comprehensive guide will walk you through everything you need to know as a beginner – from understanding what virtual sports are to placing your first wagers. 

What Are Virtual Sports?

Virtual sports are digital simulations of real sports that allow you to bet on the outcome. The games use complex algorithms and graphics to mimic real matches and races in sports like soccer, horse racing, motor racing, tennis, and more.

While betting on virtual sports is different than betting on actual live events, it provides an entertaining way to wager with competitive odds. The action moves swiftly since virtual matches and races only last 2-5 minutes on average.

Now that you understand the basics of virtual sports, let’s get into how you can start betting on these digital games as a beginner.

Selecting a Virtual Sports Betting Site 

With virtual sports betting growing rapidly in popularity worldwide, many online bookmakers now offer these digital games. But how do you pick one to play on? Here are the main factors to consider:

• Game Variety – Make sure the betting site provides all the virtual sport types you want to wager on — soccer, horse racing, greyhounds, motorsports, etc. More variety gives you more betting options.
• Odds and Lines – Compare the odds and betting lines across a few sites to find the best value prices. Avoid books with consistently lower odds. 
• Bonuses and Promotions – Look for attractive sign-up bonuses and ongoing promos to maximize the value you get from your bankroll. Loyalty programs are also nice.  
• Mobile Experience – Test the mobile apps and mobile browser experience. Virtual sports lend themselves well to betting on the go.

Once you’ve evaluated a few sites based on these criteria, open an account with the virtual sportsbook you feel most comfortable with to get started.

Understanding the Bet Types and Options 

Familiarizing yourself with the various bet types and options available will prepare you to place wagers confidently as a beginner:

Match Bets

This is the most basic bet where you predict the outright winner of a virtual match or race. Odds are assigned to each participant based on their probability of winning.

Handicap Bets 

With handicap betting, sportsbooks assign fictional advantages or disadvantages to competitors to level the playing field. This introduces a point spread you can wager on.

Total Goals/Points

Rather than picking a winner, with totals betting you predict whether the combined score or points in a virtual match will go over or under a set line.

Accumulators 

Link together multiple virtual picks across different games into one bet for bigger potential payouts. All your selections have to win for your accumulator to cash.

Props and Specials

These are exotic bets on outcomes like which virtual team will score first, the exact margin of victory, the number of corners, fastest lap time, and much more.

Now let’s walk through how to actually place a bet.

Step-by-Step Guide to Placing Your First Virtual Sports Wager

Follow these steps when you’re ready to put some real money on the line and make your first virtual sports bet:

1. Deposit Funds – First, deposit money into your new virtual sportsbook account using a method like credit card, e-wallet, or bank transfer. 
2. Browse Events – Next, browse the lobby for upcoming virtual games and expansive leagues to explore your betting options. Clicking on a match lets you view more detailed info. 
3. Select Your Pick – Once you’ve found a virtual match, race, or tournament you want to bet on, click the odds for the outcome you predict will happen to add it to your betslip.
4. Enter Your Stake – Type in the amount of money you would like to wager on this selection in your betslip. Your potential returns automatically update.
5. Confirm Bet – Finally, double check all the bet details look correct and click “Place Bet” to lock it in. Then enjoy the virtual action!

And just like that, you’ve placed your first wager! As you get more comfortable, you can start incorporating more exotic prop bets, accumulators, and creative staking strategies to amplify the fun.

Ready to Become a Virtual Betting Wizard?

We’ve removed the veil of mystery surrounding virtual sports betting so you can now jump right in as a beginner and place your first wagers with confidence. 

Follow this guide and use the helpful tips provided to quickly get the hang of it. Before you know it, you’ll transform into a sharp-shooting virtual betting wizard!

The cutting-edge world of simulated matches and races provides tons of non-stop action you can bet on day and night. It’s the perfect complement to wagering on your favorite real sports too.

So what are you waiting for? Sign up with an online bookmaker today and unleash your inner virtual sports betting guru!