Virtual Sports
Virtual Sports, betting on virtual events which have led to a new type of player.
These bets are based upon simulated sports and horse racing events, thanks to software that recreates on monitors the highlights of soccer events, automobile races, tennis, cycling, greyhound races and horse races. For these events, odds are calculated by the software using an automatized mechanism, with criteria programmed to come as close as possible to reality.
Betting on virtual events is offered as a supplement to Snaitech’s overall products and services, meeting customers’ demand for “fast” bets (a virtual event never lasts longer than fivve minutes) as a supplement to traditional betting on actual events.
468€ mil
Wagers* 2023
17,4%
Market Share (retail)*
* based on GGR
169 € mil
Wagers (online)* 2023
17.6%
Market Share (online)*
* based on GGR