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People are betting on fake horse racing. It would seem that anyone with any existing brain cells wouldn't bet a penny or a pence on such a thing and a virtal racetrack would be dismissed as a joke. Not so. The money has been pouring in. In the latest available statistics, virtual racing was handling 2. We tried this product and it proved to be popular, so it is still around.
A cooperative venture among the leading bookmaking firms in the U. The name is a not-so-subtle reminder to the BHB that the bookies will not take kindly to any attempts to make them pay higher fees for the rights to accept betting on real races. They have ways of fighting back, and virtual racing is one of them.
The virtual races are also meant to fill voids when real racing is cancelled due to weather problems and the minutes between real races for those who so crave action they can't go a good 15 minutes without having a bet.
They were supposed to be little more than a diversion. So they got some computer programmers together and created a data base and Portman Park opened for business. The bettors are given a list of names of horses and their odds. The odds are a reflection of the chances of a particular number, in this case one that represents a horse, of being drawn. If a horse has a 10 percent chance of winning, his price might be , or something like that.
The bookmakers certainly don't treat it as a joke. The races get good billing on their websites and commentators call the them just as they would any other race. Yes, a horse will be "fighting back on the inside" and another might be "quickening in the straight. With the success of Portman Park, which offers flat racing, a sister virtual track, Steepledowns, for steeplechasers, was launched in September. These are often included in the 'games' section of the website. Other providers such as SkyBet , William Hill and Betfair let viewers watch it as an event [ citation needed ].
SkyBet has also used their parent company's position of a TV provider and used virtual racing to fill time slots on their Sky Vegas channel Channel A new category of virtual racing games has also emerged since with Newturf. These are online multiplayer strategy games where people can breed, train, buy, sell and race virtual horses or dogs against each other with real money involved. These games simulate the management of a virtual stable or kennel based on pure logical mathematical equations skill games.
Each online horse or greyhound disposes of unique genetic information, which has a direct influence on its physical and mental potential. From Wikipedia, the free encyclopedia. Not to be confused with Virtua Racing. This article needs additional citations for verification. Please help improve this article by adding citations to reliable sources.
Unsourced material may be challenged and removed. Northumberland, England: Chisholm Bookmakers. Categories : Sports betting.
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Wagering requirements: Sportsbook 3x at min. Only one bonus can be used at a time, Sportsbook bonus must be wagered before using the Casino, unless the bonus has been forfeited. Bonus will expire after 7 days of opt-in. You cannot bet directly on BetVirtual. See our complete guide for approved bookmakers for virtual horse racing. You cannot bet on BetVirtual. See approved bookmakers. Join Ladbrokes. Portman Park Results.
Refresh Results. Steepledowns Results View Results. Portman Park Results View Results. Sprint Valley Results View Results. Races typically run from around am until pm every day of the week. Please always check odds on the betting operator site before placing any bets. Find out more on our How Our Site Works page.
New Customers only. Returns exclude Bet Credits stake. Play safe. New customers only. Money back as bonus. Wagering requirements: Sportsbook 3x at min. Only one bonus can be used at a time, Sportsbook bonus must be wagered before using the Casino, unless the bonus has been forfeited.
Bonus will expire after 7 days of opt-in. You cannot bet directly on BetVirtual. See our complete guide for approved bookmakers for virtual horse racing.