Virtual games have gained popularity among players globally, offering a unique experience of electronic competition. "We partnered with Kiron Interactive to give our bettors in Brazil the chance to explore and engage with this growing betting category. Currently, our platform features virtual football events and virtual horse races, providing a variety of markets," says InplayBet's Marketing Director, Beatriz Melges.
According to a SkyQuest research, the virtual sports betting market is expected to exceed $35.53 billion by 2030, with a CAGR of 17.3% from 2022 to 2030. This growth is attributed to the increasing accessibility and availability that make virtual sports betting an attractive and cost-effective option.
Virtual Football on the Rise
Similar to traditional sports betting, football is also the predominant sport in virtual betting. This segment offers an exciting and convenient way for fans to participate in sports betting, regardless of location or time of day.
From simple bets to more complex ones, such as exact score and total goals options, the betting opportunities cater to all types of bettors. The versatility of choices allows players to customize their strategies, adapting them to different virtual sports events. InplayBet offers major European competitions, including leagues from Italy, England, and Spain.
Event Frequency and Convenience for Bettors
Virtual sports provide flexibility with tournaments worldwide available at any time, independent of sports calendars or schedules, making it an appealing factor for bettors.
Virtual football, for example, is interesting even for those who typically bet on real sports championships. 'We know there are intervals without relevant competitions in the real world. We want everyone to have the option to explore virtual events, which happen more frequently and are more dynamic and interactive,' confirms Melges.
The odds are updated in real-time, providing an exciting and engaging experience for the sportsbook's players. Additionally, at InplayBet, games are monitored by professionals to ensure fair results.
With the launch of virtual sports betting in partnership with Kiron Interactive, InplayBet expands its portfolio, which already includes traditional sports, live betting, eSports, and casino games.
Source: GMB
