Virtual Horse Racing

[vilopo]

[REMOVED]

[Milner2012]

[REMOVED]

[KINGSHU]

I've never bet on Virtual Horse Racing, and don't see why people would, it gives a bookmaker a house edge just the same as a casino game.

It can be a bit of fun just like blackjack etc etc, but you should be aware that you will lose in the long run just like in a casino.

Blackjack, roulette and now Virtual Racing are all calsified as unwinnable games, you will lose in the long run due to house edge.

In Virtual Horse Racing the house edge comes in because the bookies know the real chance of a horse winning, in the computer model if the horse would win one in 4 times (3/1) they can offer 4/1, and they will never be shocked as they KNOW each horses exact chance rather than guessing it with real horses.

http://en.wikipedia.org/wiki/Virtual_racing

This opportunity to bet through does go with an edge to the house. Many betting shop punters have described these races as 'animal roulette' since the bookmaker knows exactly the chance of each dog winning. Most races have an overround (bookmakers margin) of 2% a runner, sometimes less in races with lots of runners. When these races can be as little as 3 minutes apart this results in very unfavourable conditions for the gambler


Animal roulette is the best description of it, for a serious punter best avioded, for fun maybe ok (but I'd rather have a fun bet of something better).

I doubt that you can even really run a computer programme to predict the winner, even if you had access to the companies software, as they use a random number generator to allocate the winner, but the numbers assigned to each horse would corrospond to its odds and chance (with a guarenteed overround).

[Arbitrer]

My first encounter with virtual horse racing was in GTA SA , then i tried to play this type of bet , but is too complicated for me.

[horage]

if most punters could win the betting shops would not show it......

so by definition most punters will lose...if no one bets on the cartoons
they will stop showing them........

I backed one last week ran terrible ; think it had a virus or something.....

[DaveyRaver]

I went through a phase of betting on 4 outsiders at £2.50 e/w on upto 10 races .....cost £20 a race and didn't always work but i have left the bookies several times with over £1000 profit , but it has to be said it is pure luck on the day

[kenenek]

When I tried first-time virtual horse racing, I felt like umm sceptic, but with time I was really into this

[DanishMafia]

Does anyone know what RTP is on the these virutal sports?

[Darkestguy]

It is very cool