Online Gambling and Formula 1 – Two Inseparable Things

Gambling& Racing (moto)

When you take a look at car racing and gambling, it seems that these two forms of pleasure have nothing in common. But, way back in 2016, when the anticipated purchase of Formula 1 was only becoming public, Liberty Media’s executive director declared the project’s development in the digital sphere. One of the possible avenues for the growth of this sport has been identified as gambling and virtual reality.

To attract and maintain clients, virtual entertainment platforms give free spins and free bets to participants of casino and sports betting respectively. Generally, there is no significant difference between sports betting and casino betting – it is simply a matter of personal preference.

Racing, like any other sport, may easily be turned into gambling entertainment if fans can wager on a prospective winner in addition to watching the races.

Gambling and Racing

Passion is the major factor that connects an online casino game and Formula 1. Fans are never uninterested in their favorite teams’ victories and misfortunes. This is regardless if they’re watching the Grand Prix on TV or live events, or simply reading any F1 racing bets guide.

The Thrilling Competition

As you may be aware, every season, “Formula 1” pilots fight for the world championship by accumulating points in Grand Prix events.

This mechanism is quite similar to the regulations of online casino tournaments, in which players play certain slots and earn points in exchange for prizes. Competitive moments are an important part of both sporting events and gambling entertainment. This is because they add spice and stoke the desire to beat the competition.

New Studies on Sports Betting

Gambling& Racing (moto)

The outcome of a sports bet is primarily determined by chance. In addition, the chances of winning in this type of gambling are influenced by how well someone knows the sport in question. You can therefore consider sports betting as a so-called “game of chance with a skill component”, similar to poker or sbobet.

“Proportion of competence” in sports betting is often overestimated

Experience shows, however, that the proportion of competence in sports betting is often overestimated, especially by the gamblers themselves. In other words, many people who take part in sports betting rely on their “advantage in knowledge”. They ignore the fact that they are exposed to the chance of a game of chance.

Research from Israel: Soccer fans no more successful than “laypersons” in sports betting

An Israeli study on the subject of “football betting” has now shown that the success rates of people who know football were no higher than those of people who had no knowledge of football at all. For their study, the scientists invited football fans and gamblers with experience in sports betting. They also invited people who normally neither gamble nor have any prior knowledge of football. The participants were asked to place bets on 16 European Champions League matches.

The result is surprising at first glance. The success rates of the three groups did not differ in any way. The football knowledge and the gambling experience of some participants, therefore, had no effect on the outcome of the bet. The competence share of sports betting was, therefore “zero” in this study. The overestimation of “expert knowledge” in sports betting can hardly be demonstrated more clearly than with this study finding.

Pathological gamblers: overly optimistic assessment of odds

A study from France has also dealt with the distorted perception of gamblers. A group of people with pathological gambling behaviour were asked to perform a series of mathematical brain teasers. This focused on estimating probabilities. It turned out that the participating players were overly optimistic about the probability of winning. Regardless of the objective chance of winning a bet, the players acted as if their chances of winning were actually higher. And, the more pronounced the gambling addiction symptoms of the participants, the stronger this “optimistically distorted” assessment of the outcome of the game.

Basketball & Gambling: A Strong Team

Gambling& Racing (moto)

When it comes to basketball, well-known players and major leagues inevitably come to mind. Hardly anyone thinks of gambling here because after all, it’s all about skill, tactics and team play on the field. And while a game can be a nail-biter at times, fans tend not so much to gamble as to achieve a game-changing win.

Nevertheless, basketball and gambling, more precisely sports betting and casino games are closely linked. There is hardly a betting provider that does not have basketball bets in its portfolio. You can hardly see an online casino that does without basketball slot machines. Besides king football and just behind tennis, ice hockey or American football, basketball always ranks in the top 3 at many betting providers. Around a dozen, basketball slots can be found in the casino

slots provider

Gambling providers as advertising partners

Gambling providers are not only actively involved in advertising basketball via internet portals and betting shops.  They also appear as sponsors.

Such a partnership is beneficial for all parties involved in that the club benefits from an injection of funds to expand its structures and the sponsor from PR and advertising for its offer. The higher and more successful a team plays, the higher the prices for an engagement. This also depends on the extent of the agreed brand visibility at games and events.

By betting on basketball, the sport also potentially reaches and wins new fans and followers, as does the betting portal thanks to advertising with familiar faces, names and logos. Media attention and an increase in your own level of awareness are further benefits for both sides.

Basketball related casino games on the internet

Gambling does not only mean sports betting. Rather, casino games are also part of it and these have discovered the topic of basketball for themselves, especially in the area of ​​​​slot machines. A highlight here is the Basketball Star online slot from the manufacturer Microgaming. This slot game welcomes players directly onto the playing field. This includes typical symbols such as basketball shoes, drinking bottles, medals, balls, baskets and players on the reels.

A suitable provider, sometimes even with a welcome bonus for new players, can be found quickly and easily on the Internet. Comparison portals provide support when choosing a suitable gaming site.

3 Slot Games With Racing Themes That You Should Try

Gambling

Slot Machines

 

If you’re bored with just watching motorsports, this post is for you. In this post, we list the highest three racing-themed slot games.

In these games, spinning on the reels of the slots, you get to drive multiple cars and see different car symbols. If you’d wish to get in on the action, comparing casino bonuses could be a good way to start out. By choosing the proper offer, you’ll multiply your chances of crossing the line first and landing an enormous win.

1. Fast Lane

Fast Lane is an old-fashioned slot that’s played in a very 3-reel, 5-line layout. The sport features a complete of fifty fixed pay lines, and as you’ll probably imagine, the sport relies on high-octane motorsports.

While playing the Fast Lane slot game, you’ll be able to expect to encounter many bonuses and special features, the primary of which is the expanding Wild feature. During this bonus, you may see a green car spawning on the reels. On every occasion this symbol lands on the primary, third, or fifth reel, it expands to hide the whole reel, turning all symbols on its reel into wild symbols.

In one round, the player can get on his feet to a few wild reels. And if you’re lucky and manage to mix four or five of the identical symbols on a pay line, you’ll get to enjoy some massive wins!

 

ALSO READ: The Differences Between Land-Based Machines And Online Slots

 

2. Dream Run

Dream Run may be a popular slot online where the player gets to take a seat within the driver’s seat. The sport is played in a very 5-reel, 3-line layout and includes up to 25 active pay lines. Dream Run also offers exciting, progressively growing jackpots of 5 different sizes.

With a 96.5% return to player percentage or RTP, Dream Run offers great value for your money and an opportunity to win a big progressive jackpot. Dream Run also includes an exciting bonus game that you simply can trigger by landing 3 scatter symbols during a spin. Within the bonus game, you get to settle on one in every of five cars to begin a fast-paced automobile race.

Called the Nitro Racing feature, Dream Run also includes a second bonus feature. With four extra free spins, this bonus rewards the player.

3. Gumball 3000

Gumball 3000 may be a popular slot game named after the famous Gumball 3000 rally. The slot game can give some very handsome wins for the luckiest players. How big? If you land the highest symbol five times during a spin, you’ll be able to win your bet up to 2,500 times back.

Gumball 3000 also features a bonus game just like virtually every other modern slot game. When the player gets three bonus symbols on their game screen, the bonus feature starts. The player is then moved to a brand new screen where they’ll see an interactive map offering three different options. The player then must choose one of all three options. After making a call, the player is then awarded a random cash prize worth up to 150x their bet size.

Summary

Racing has been a preferred theme within the online gambling industry ever since its inception. Online casinos and game providers know that players love racing-themed slot games and that they want to cater to their needs. If you would like to experience the fun of racing in an exceedingly whole new form, give these games a try.