NBA to launch virtual sports betting game

[btc78]

So it's like fantasy football, but with betting and for the NBA?

Looks like trash, I really don't think this will catch on. People only bet on sports because they think the can predict the winner better than the bookmakers, when this element of the game is missing, why would people play?

This is DOA.

Indeed,not because we’re in virtual world means we will bet for virtual chance of winning lol

I guess it’s better to copy the Basketball game betting that popular in Philippines Called ENDING in which the winning number combination will come from the last digits of the final scores ,that’s more even reliable than randomly chooses the winnings

[fortunecrypto]

They've mentioned that they already looking at this for a couple of years so it means there is a market and a profit to be made here, let's admit it gamblers gamers and bettors are looking for a new games to excite them to bet and gamble more, this will make the operators millions I'm sure.

[bitgolden]

[im g]https://i.imgur.com/Uowo50u.png[/im g]

https://www.espn.com/chalk/story/_/id/27007778/nba-launch-virtual-sports-betting-game

NBA to launch virtual sports betting game

A virtual sports betting game featuring NBA highlights and footage will debut next season in U.S. and European gaming and lottery markets, the league and NBPA announced Wednesday.

"NBA Last 90" will drop contestants into the final 90 seconds of a simulated matchup between two NBA teams and offer wagering propositions on what transpires during the ending of a fictitious game.

NBA partner Highlight Games Limited, a specialist games supplier, stiches together highlights from recent seasons to tell a story of what plays out during the 90 seconds. Contestants will be able to wager on several outcomes, including which team will win, who will score on the first possession and the total points scored by both teams. A random number generator, similar to what's used in slot machines, will determine the outcomes.

Betting on virtual sports is new to the growing U.S. sports betting landscape, but it's already established in European markets. In the United Kingdom, £771.4 million was bet on virtual sports from April 2017 to May 2018, according to the U.K. Gambling Commission. That's three times as much as was wagered on golf during that time period in the U.K.
“NBA Last 90” will drop contestants into the final 90 seconds of a simulated matchup between two NBA teams and offer wagering propositions on what transpires during the ending of a fictitious game. NBA

The interest in virtual betting in Europe caught the NBA's eye, said Scott Kaufman-Ross, the NBA's head of fantasy and gaming.

"We've been looking at this the past couple years and were really surprised to see how popular this was," Kaufman-Ross told ESPN. "In Europe, we're especially excited about using virtual as another way to engage with our fans with alternative content, especially given the time-zone challenges we have in the region."

The NBA will become the first major U.S. sports league to enter the virtual sports betting market, as it continues to look for ways to embrace and profit from the gaming industry.

"We are extremely excited about this partnership and the potential future opportunities for our players in the virtual gaming space," Josh Goodstadt, executive vice president of licensing for THINK450, the commercial arm of the NBPA, said in a release announcing the virtual betting game. "We look forward to working with the NBA and Highlight Games to create a unique gaming experience that will help to grow the popularity of the players and the league worldwide."

In July 2016, bookmaker William Hill U.S. launched virtual horse racing in Nevada. New Jersey and Pennsylvania also allow betting on virtual events, but it has yet to catch on in the U.S. Virtual horse racing is available at 19 William Hill sportsbooks in Nevada.

Horse racing is believed to be the most popular sport for virtual betting in the U.K., although there are also multiple virtual games for soccer, including Highlight Games' SOCCERBET.

Now, the U.K. company hopes to find success with the NBA.

"Highlight Games has an ambitious strategy to enter the nascent US sports betting and virtual sports market, and this collaboration is the first important step on that journey," Highlight Games CEO Tim Green said in the release. "NBA Last 90 features real NBA stars and real NBA highlights, differentiating it from any other virtual sports product on the market. We're confident that players around the world will be instantly engaged with NBA Last 90."


Virtual sports  

I think this would be the first ever virtual betting game I have ever seen too for most U.S leagues, and I never thought that it could be possible with NBA. It is a good thing though and I am waiting to see how I can benefit from this type of sport betting.

I have not really paid much attention to virtual sport betting like other methods of betting, but now that my favorite sport is introducing it, I guess I just have to learn to play this type of betting by all means, maybe I could use my experience to have some winnings, from here I believe they will be having plans now to also migrate it into full blockchain betting.

[Fredomago]

These virtual sports reminds me of an arcade game where you can bet on a horse race that quickly resets after the race is over and they are sealed inside a glass. Sometimes they're one of the most played games on the arcade because of how much people are winning tokens. I'm not a fan of virtual sports since there's already enough games and sports to bet on but I could see how others would enjoy it.

It will get attention since playing in any types of gambling most bettors wanted to take part and use the platform, it will attract most of those who's sports loving gamblers as they can easily adopt how system will works and how they can enjoy playing this new added virtual games.

[jademaxsuy]

Well, NBA is one of the biggest sports BETTING could ever made in the next season though there are bettings already that happen but neither of it has done using a platform to which it will bring more comfort to betting. Having a platform that a user can easily bet will encourage more people to come and bet since especially in every play offs, series of finals eastern and western conference finals to championship.

[TheCoinGrabber]

A random number generator, similar to what's used in slot machines, will determine the outcomes.

So, it's not much different from playing slots? Looks cool though.

Guess it would still appeal to basketball fans despite that. So how does the betting go with this game? Since these are fictional matches rather than scheduled games I'm assuming anyone can just come in any time and play. 

I think that could be it, it's just a slot game but a twist and they are going to target basketball fans, it's not actually going to be boring if you still not over with the Raptors and Warriors games, you can extend it here and if you are a Warrior fan you'll hope that Warriors bear the Raptors in this game.

Knowing that it's determined randomly kinda takes away from the fun though, at least for me. You could have just tossed a coin. I understand that some people might lap at it just coz of the branding.

Like I mentioned in a previous comment, it would have been more interactive if there are people playing the players in a simulation and the "audience" can watch and bet. I mean, they even already had NBA Live for Android since 2016, how much trouble is it to put a betting feature?

[Ucy]

So this is basically about betting on fictitious NBA matches and not the real things? Sounds interesting but quite confusing.
I guess the idea is to create endless matches to bet on with no need waiting for the real scheduled matches

[romero121]

Virtual sports betting is just an imitation of normal sports betting as everything happens virtually and users get access to gamble 24 hours. With virtual gambling the odds can be selected from the choice provided by the system, and the important factor missing is the lack of excitement. We'll be watching the game same as that of the real one which are functional through specific algorithms. We won't be getting any thrill on these sports betting as we doesn't need to think anything about the players and the game play as everything is selected and t gets into functioning based on the backing algorithm.

[FanEagle]

I don't like simulation, why don't they do it on the actual 90 seconds of a game where people can bet and the NBA will have like a commercial break for a minute or two where people either can bet on casinos and what not but mainly also on the computer via some website as well. That way the last 90 seconds will be open to betting thanks to giving us some time with the time out but at the same time still real life and not a simulation.

On simulation I would never know how they did it, like in 2k you can make your guys go 99 overall and I wouldn't know about it so what if the simulation is like that and Charlotte comes back from 20 points and beats warriors in the last 90 seconds? Who knows what will go around in those things, that is why I would rather not risk my money into it.