Current VR prediction opportunities
Right now, sports betting in virtual reality isn’t at peak popularity, as sites are still weighing what they can do with the technology and why it might be beneficial for them to put it to use. With that said, the esports space is one that is taking advantage of virtual reality to enhance betting on major esports events. Some sites are offering the ability to wager on esports events and view them via VR, which is really an ideal fit.
Given the tech-heavy nature of esports as they already are, it makes sense that esports betting would exist with VR. At some sites bettors can place wagers on events and then watch the esports action in interactive settings using their VR devices. This underscores an important reality, which is that the actual viewing of the sporting event is more important when it comes to the use of VR than is the placing bets aspect, as doing that in VR doesn’t add as much to a user’s experience.
The future of VR
The ideal future for VR in sports betting would be the ability to both bet on and watch sports in virtual locations such as the stadiums themselves or in virtual arenas with other VR users. Bets could potentially be placed live through these devices with odds constantly updating to reflect what is happening in a match at the given time.
There are some challenges to be had when it comes to getting VR sports betting to reach its peak in popularity, of course. Included in that list of challenges is the fact that VR technology might overcomplicate sports betting transactions. Right now, bettors are often able to tap their screen a couple of times in order to make their selections. That might become a longer process with VR involved, which is something sportsbooks need to look into.
Perhaps the biggest challenge for the integration of more widespread virtual reality sports betting would be the fact that VR equipment can be pricey and might not achieve mainstream appeal as a result. If it does catch on in popularity, though, expect the sports betting industry to be ready to pounce with plenty of ideas to improve the ways that they use the technology. Be sure to check out these leading sites that could one day be leaders in the VR sports betting space.