Topic: How Technology is Changing Sports Betting - page 4. (Read 604 times)

Basically we already understand and often read about sports betting technology which is often discussed by sports betting lovers, of course what we often see is: How Technology is Changing the Sports Betting Landscape., as you said in the thread the first page.

As time goes by and technology develops, plus more and more gamblers and sportsbook lovers are increasing day by day, of course many sportsbook organizations have thoughts about how sports gamblers should have many choices and the way they bet using technology in the world of sports, especially those who bet on various online crypto gambling sites today.

For example: sports betting technologies that are in use these days such as:

Of course, it's all for the sake of good, convenience for the continuation of sports betting, but even though at this time sports betting technology, which is often used by many gambling players, to be honest, for now I prefer to use my own traditional methods, all of that can make me a little safer to do it without anxiety and negative actions, I'm still happy to use it all, rather than technology like the one in the quote above.

With the use of AI in sport bettings, alot of changes could be seen from the way people gambles and the mode at which they pass through to get this satisfaction in sport bettings because everything will be made simple than before with the use of AI being introduced, gamblers have always been on the expectations of something related to see with sport betting, because it also saves time and stress, though we should not misconcept AI for accuracy in gambling, it's just a precision on how we get more satisfaction when gambling, we loose and win and that remains constant while gambling.

This acceptance makes sense to me. The advancement of gambling from being a must to visit a place to gamble to being able to do it at your comfort has massively increased the number of people who have accepted it as a fun activity. It was discouraging to always have to leave your comfort to gamble, so gambling was ignored, but now with the advancement in technology, sports betting has grown into something you can do from anywhere just with the fairly okay internet connection and a mobile phone. Unfortunately also, the advancement in technology has also increased the number of people that can get addicted to sports betting.

Really? that's cool people will not consume time to research and look for more info about the game and that could be easier for us. But then what is the percentage of it being reliable and accurate? Maybe it will still depends, but if people still wants to do the traditional way and want to research first those things then it is fine and okay to do it and to use traditional ways.

Programming and developing such thing would be easy on industries involving money.It is a bit not surprising to know that advaancement in technology would also be applicable to gambling. One example of this advancement is how the game changed. If we would go back with the past, games has an original form perhaps with slot machines, dice games, and even with sports betting. As we can see at the present there are now variations of how will a game be gambled such as with parlays, wagers  and the likes. From the platform to the number of sports being included. As in line with tools to come up with a win, for sure gambling sites won't allow it to pass through easily.

Afaik, There’s already machine learning program available on github that being shared publicly. Most of this tools is focus on specific sports such as basketball and football. They use statistics for this bot learn and adapt what’s the best pick on each match considering all the previous stats.

This is machine learning and I’m sure that AI technology is developing such tools for sport betting since there’s a demand for it in case this AI will work. This will be helpful for those people that doesn’t have time to browse sports mews to analyze upcoming matches.

Yep that's true. There's a chance that AI that is focus in sports betting is now being develop by someone. It will be an easy money for the developer if it happen that he develop a high accuracy one. Though making an AI a smart one is not easy as it need to be constantly trained and feed by data. Also, I don't know if casino's will be against this knowing that they won't suffer that much losses in sports betting compared to the casino games they are offering. Sooner or later, we will see how AI will dominate gambling in the future.

Like what I previously mentioned, using AI in order to determine which odds are greater should be used as a supportive tool only.

AIs are created in order to be a supplement on what humans could achieve on their own. If you base purely your decisions on the predicted outcome of an AI, then you would run on the risk of losing at the end. At the end of the day, AIs can only do as much as gathering data and predicting outcomes but the ultimate decision still comes with you. There still remains a human aspect on outcomes and matches in sports-betting.

In conclusion, sure- AI can definitely help you decide on which team to choose but this should not be used primarily as your main and deciding tool for every game.

There will be new games that will implement AI into the game to attract people and make them curious. And gambling games in the future may be different from what we play today. And if that happens, maybe our generation will miss the types of gambling games that we often play today. But for sports betting, AI can easily collect the necessary data so we can analyze it by combining these data. And using these data might increase our chances of choosing a team with a greater chance of winning.

I don't want to ruin all that enthusiasm I don't see only here but also in professional social media like Linkedin,everybody is talking about how AI will change things and I find it funny because no matter how much advanced that AI becomes it is still fed by our data,the data we put into search engines and similar things,so it will remain a virtual assistant,a powerful virtual assistant,just that though a virtual assistant.

I have tried to ask ChatGPT of which bets of today games is the most high likely to win and it did not answer me telling me that I should read different things as I can't help predicting future outcomes,this for me says enough.

I expected to see Sports betting AI as I went through the write-up, because AI application in different fields is a part of what is new and trending.

Because it is a trending technology that is mind blowing to most, and has shown some kind of accuracy according to programing, many people consider them to be faultless. There is an extent to which the each AI technology can function, they are not limitless.

In the area of Sports betting, for the outcome of some sports or games which is a future occurrence that defies whatever statistics sometimes, AI technology will never be able to make 100% accurate predictions for use by sport bettors to place bets. It will only be able to show you the likely outcome.

I am more into what could be implemented as new games through AI developments not guess part honestly. Currently we are wagering on same traditional games. But with highly developed AI, there could new games where you interact more with ai especially in live betting. AI may measure more data on pitch (speaking about football) that gambling companies may use. Advancement with ai will change a lot.

That reminds me of the betting models that sports bettors use for experiments and testing. I remember tailing a few models with good records and the bad ones became a fading tool for the other bettors.

Or increase the juice on specific markets because I doubt it'd be easy for most sportsbooks to find all those AI bets.

I've seen automated machines and software fail their simple tasks in time. What's the difference of that with automated betting machines? Even scripts with simple instructions break over time when they encounter something that is not within their instruction set or parameters. AIs are great tools when combined with human touch. Until then, I'd stick to manual betting, or if I use an AI or something automated, I'll get on top of it and make sure that everything runs as I expect it to be.

It is true that technology has evolved a lot to the point that today online casinos have better looks and functions that make life much easier for bettors and players, but there are many challenges that casinos are very far from being able to overcome, for example in terms of customer service. to support, even today it takes a long time for casinos to solve people's problems, the fact that online casinos don't have at least a physical office in the real world is another big headache for people when they have problems, casinos don't have it either licenses coming from first world countries, that's because in these first world countries the toughest rules for gambling

online casinos are also unable to pay for the rights to broadcast live games of the main soccer leagues, which is very bad because if a person wants to place live bets on games from the main leagues, that person needs to watch the games on tv or internet and live at the same time being at the online casino to be able to place a bet, this is a big headache, I don't know in what year we will see all online casinos or at least most online casinos being able to broadcast live the games of the main leagues, I only see them broadcasting the Bundesliga and NBA and Tennis games and other small leagues

now talking about AI, honestly even though it's a good thing and it's in great progress, I still ask myself the following: a person with 5 years of experience as a sports bettor, this person always takes some time to analyze the games he will bet on , but after a while he starts using the AI to predict the results of the games, could this person still be called a professional bettor when he now uses the AI and no longer analyzes the games himself?

Your viewpoint is one that I share. It's important to keep in mind that while AI can accomplish some amazing things, it still requires human direction and data input in order to work properly. AI, which mostly processes data it is provided, is typically outperformed by human skill and intuition in decision-making in industries like sports betting. Even though automated systems might be helpful tools, relying only on them might not produce the greatest results, especially in complicated circumstances where contextual awareness is important.

Making use of a blockchain sportbook in gambling is one of the best decision to make while having adequate gambling experience especially for the lovers of sports bettings, everything with this technology had been made simplified with the blockchain technology because it had been improvised with better experience, let's try to make the best use of this technology with cryptocurrency to have the most amazing fantasy with sport betting through a decentralized network.

The evolvement of technology is inevitable, so these business owners are also trying to catch up with the current technology.
What I like about the sportsbetting scene is that owed to crypto online sportsbooks, I can bet anytime, anywhere I want.
Also, you don't need big amount of money just to place your bet. Some online bookies even accept a $1 bet.
Before, with traditional bookies, you would be ashamed if you will only place bet using 5-10 bucks.
But today, with these crypto bookies, they have very low min amount that you can use to place a bet, and very convenient to check all the betting lines available.

AI will still be improve and soon it will be a big help to gambling industry and let’s just hope that AI will be use the right way. Betting the old way is still a good one and there’s no need to update it but since technology is still growing, we should also adopt so we will not be left behind. Casinos have to introduce new feature as well so they remain competitive, the competition between those casinos are also growing.

It is of course worth thinking about what could change in the near future. Or maybe it will still take some time until we as the users of the platforms experience some fundamental changes as to how we gamble or what the screen could be looking like, but most of the technological innovation could also happen on the providers' end without sharing the new insights and technologies with the users. For instance, if they found a way to analyze data sets better than the average bettor and they also understand how to use AI to their own benefit, I think that the industry would for as long as they can keep those secrets to themselves and exploit the advantage over the user for themselves.

These casinos are all about profitability and when an industry is profitable, it is quite normal that they also become lethargic in regards to innovation. So far I haven't seen that casinos in the online area are threatened by any new technology from any innovative casino. If that was the case, all casinos would put effort and resources into advanced technologies themselves, but if their cashflow remains as it is, which is significantly positive, I don't think that we will see any significant changes being made to the user experience if it is not necessary from a business point of view.