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Michigan stands out from the rest as it is among the mere four states that provide an online lottery. Presently, the Michigan Lottery extends its services to include online draw tickets, keno games, and instant win games. Soon, they will introduce an additional offering: virtual sports.
The partnership between the Michigan Lottery, Pollard Banknote Limited (the online supplier), and Inspired Gaming (a top virtual sports company) has enabled the inclusion of virtual sports in Michigan’s online lottery.
What are virtual sports?
Virtual sports consist of virtual versions of real-life sporting events, accompanied by a platform that enables spectators to make wagers on the final results. These outcomes are determined through the use of a random number generator.
Virtual sports can be understood as observing a top-notch computer-based video game demonstration, with the added advantage of being able to place bets on the results.
Virtual sports, which were introduced approximately 15 years ago, have gained immense popularity in European sports betting markets. In certain regions, this game contributes up to 20 percent of the total profits generated from sports betting. The United States is only now starting to witness the emergence of virtual sports.
The reception of these products in jurisdictions where sports betting is illegal is yet to be determined, but we are going to soon discover the outcome.
Virtual sports are currently offered at certain William Hill sports books in Nevada, and will soon be accessible for real money at various online gaming sites in New Jersey, in addition to the Michigan Lottery.
What we know about the Michigan Lottery’s virtual sports offerings
There isn’t a significant change.
The specific type and timing of virtual sports games on the Michigan Lottery’s website remain uncertain. It is also unclear whether these games will resemble instant win games or the traditional virtual sports contests that occur over a set duration.
Inspired’s Virtual Sports Lottery games will continue to utilize a random number generator to determine outcomes. This enables the Michigan Lottery to establish the frequency of draws and the percentage of prize payouts for these games.
Furthermore, it is worth noting that any Inspired game that is featured in the Michigan Lottery is expected to be highly impressive. This is evident from the remarkable visuals showcased in the provided video, where Inspired’s virtual sports games exhibit graphics that are on par with those of top-notch video games currently available in the market.
Additional resources for further exploration of the virtual sports industry.
To explore the realm of virtual sports more extensively, take a look at:
- The United States is gradually embracing virtual sports betting as it gains popularity.
- The Implementation Process of US Virtual Sports Betting: Both Online and in Casinos
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