Many people believe that virtual horse racing is a relatively new thing, but this isn’t the case. In fact, virtual horse racing has been around for roughly two decades now and counting, and it’s exactly as you’d imagine it to be – it’s virtual horse racing. So, in effect, it’s horse racing, as everyone knows and loves it, but it’s virtual. 

Everything you see in real-life horse racing, you see in virtual horse racing. There are horses, different types of races, racecourses, odds, etc. The only difference where virtual horse racing is concerned is that what you see play out is something you would expect to see as part of a video game. 

You place bets on virtual horse racing in the same way you would real-life horse racing. As a punter, you would naturally examine the form of the runners and then the odds, placing a bet or bets based on the information provided as part of the service. 

While there will be times of the day or night or days throughout the year when there are no horse races available to bet on, virtual horse racing is available to place wagers on 24/7, 365 days a year. It can also be accessed on a range of devices, especially smartphones. 

Virtual horse racing’s popularity continues to grow, and this is primarily due to its evolution over time. The graphics of the races have improved immeasurably, and there are more betting options than ever before. Virtual horse racing is also designed with smartphone betting in mind as well. 

Like real-life horse racing, virtual horse racing offers several main betting markets for punters to explore. 

Race Winner 

The most popular betting market and the most common type of bet placed where virtual horse racing is concerned relates to the horse winner. You will log on and be greeted by a list of the horses that are running in the virtual race, with their odds alongside. Selecting the race winner from the odds list involves a single bet, and if the horse comes first, the bet will pay out based on the odds attached. 

Each Way Betting 

Each way betting, especially when there’s a large field of runners, is popular in real life and virtual horse racing. And, you’ll find that a lot of virtual horse races include enough runners to make betting each way worthwhile. Betting each way means the horse doesn’t have to win; it must simply place, with the first three places usually paying out in virtual horse racing. The places pay at 1/5 of the odds. An each-way bet will also be double the standard stake, so 5.00 each way is 10.00 in total. 

Forecast/Tricast 

Betting on the forecast or the tricast is a traditional type of bet and market in horse racing. This all works the same with virtual horse racing, with the punter selecting the horses that will finish first and second for the forecast and first, second and third for the tricast. In a standard forecast or tricast, the horses must finish in the order they’re selected, but it’s also possible to bet on them finishing in any order. This can be referred to as a reverse forecast or a reverse tricast. 

How Does Virtual Horse Racing Work? 

Virtual horse racing works in the same way as real-life horse racing when it comes to placing bets. A punter will log on and head to the virtual horse racing section, choose a race to bet on, check out the form and the odds, place their bet(s), and then watch the action live if they so wish. 

In terms of how virtual horse racing works, as in the mechanics, it’s essentially a random number draw played out as a horse race. The smaller the odds, the more numbers the horse has in the draw. The draw is made, and the results are produced. The numbers can only be drawn once. 

It doesn’t matter if you have a preference for real-life or virtual sports, specifically horse racing, as you’ll find everything you’re looking for at BetVictor. From virtual sports betting to traditional horse racing odds, it’s all available to explore on the platform.