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Are you a traditional sportsbook bettor and want to try your hands on virtual betting or are you new to online betting and often get confused by the terms “sportsbook betting”, “virtual bets” etc? Have no fear, we’re here to show you exactly what to do. Virtual betting and traditional sportsbook betting offer distinct experiences for bettors, each with its own set of advantages and intricacies. Understanding the differences and similarities between the two can help individuals make informed decisions when engaging in either form of betting. 

**DIFFERENCES** 

**Virtual Betting** 

Virtual betting involves betting on simulated sports events like EPL matches and horse racing. These events play out like real-life sports, except they’re not. Also, the outcomes of virtual betting are completely random and determined by random number generators. For more on Virtual Betting and some betting tips, check out this [page on our blog.](https://m.betking.com/blog/virtuals/) Here is how they differ from real-life betting.  

**1. Instantaneous Results:** One of the primary differences between virtual betting and sportsbook betting is the speed of outcomes. In virtual betting, results are generated within minutes, providing instant gratification for bettors. 

**Example:** A virtual football match may start and finish within minutes, allowing bettors to know the outcome almost immediately after placing their bets. 

**2. 24/7 Availability:** Unlike traditional sports that are scheduled on, say weekends, virtual betting is available round the clock, making it convenient for those who prefer to bet at any time of the day. 

**Example:** Virtual soccer matches can be available for betting every few minutes. Don’t just take our word for it, check out BetKing’s [virtual football league right now.](https://m.betking.com/virtual/league/kings-league)  

**3. Algorithmic Determination:** Virtual events are created using complex algorithms that simulate the behaviour of real-life athletes or participants. These algorithms generate outcomes based on random variables, ensuring fairness and unpredictability. 

**Example:** In virtual horse racing, each horse's performance is determined by a combination of factors such as speed, stamina, and form, which are programmed into the simulation. 

**Sportsbook Betting** 

Sportsbook betting, also known as traditional or real-life sports betting, involves wagering on the outcome of real-life sporting events. In simple terms, Sportsbook Betting = Real-life betting. Here’s how it differs from virtual betting:  

**1. Real-Life Betting:** Unlike virtual betting, sportsbook betting involves wagering on real-life sporting events taking place around the world.  
**Example:** In the upcoming fight between [Anthony Joshua and Francis Ngannou,](https://m.betking.com/sports/match/6045988/joshua-anthony-ngannou-francis) who wins? A traditional sportsbook betting would involve betting on this fight.  

**2. Fixed Schedule:** Sportsbook betting follows the schedule of real-life sporting events, with bets being placed before the event and settled after the outcome is determined. This fixed schedule adds anticipation and excitement leading up to the event. 

**Example:** Betting on the outcome of the [Super Bowl](https://m.betking.com/sports/events/prematch/american-football/usa/nfl) takes place weeks before the actual game, allowing bettors to engage in discussions, analysis, and speculation leading up to the event. 

**3. Research and Analysis:** Sportsbook betting often requires bettors to analyse statistics, team performance, player injuries, and other factors to make informed betting decisions. Bettors may rely on expert analysis, historical data, and their own knowledge of the sport to assess the odds and potential outcomes. 

**Example:** Before placing a bet on a football game between Arsenal and Manchester City, you have to study the head-to-head record, as well as the team forms and individual forms. Player-availability is also important; are Erling Haaland and Kevin De Bruyne playing? That’s pretty important. Is it at the Emirates or the Etihad? In traditional sportsbook betting, these are key.  

**SIMILARITIES** 

While virtual betting and sportsbook betting offer distinct experiences, they share some similarities.  

**1. Real Money Winnings:** The fundamental similarity between both types of betting is that you get to win **REAL MONEY.** Yes, while Virtual betting involves computer simulations, the winnings are as real as the Lagos traffic-situation on a Monday morning.  

**Example:** If you place a bet on an English Premier League match between Manchester United and Chelsea, picking the Blues to win and they do just that, you win **real money.** Similarly, if you place money on a virtual game between Manchester United and Chelsea, picking the Blues to win and they also win, you win **real money.** Additionally, there are bonuses available for both types of bets for our users to take advantage of. On BetKing, we offer a [40% accumulator bonus for our Virtual League.](https://m.betking.com/help/40-virtual-league-accumulator-bonus)  

**2. Risk and Reward:** Both forms of betting entail risk, as bettors risk losing their wager if their chosen outcome does not occur. However, successful bets result in payouts that exceed the original wager, providing a potential reward for bettors. 

**Example:** Whether betting on a virtual horse race or a real-life football match, bettors face the possibility of losing their wager if their chosen outcome does not materialise, but also can win if their prediction is correct. No one likes to lose money, which is why on **BetKing** , we have gone the extra mile to [build a blog](https://m.betking.com/blog/) that offers some of the best football predictions as well as predictions for other sports. Equipped with these free betting tips, you are sure to always stand a good chance to get the best value for your money.  

[Register on BetKing](https://m.betking.com/account/registration) today to get started on your virtual bets journey by giving Virtual Betting a try. You can also check out other Virtual Sports available on our website by [clicking here](https://m.betking.com/virtual) , and [check our blog](https://m.betking.com/blog/betting-tips/) for expert betting tips.

Did you know that you can win real money by betting on virtual betting markets? Click to find out more and sign up for the best odds & more!

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