Topic: Predicting Sports Betting Future Trends and Technologies - page 2. (Read 198 times)

Cheers to this. E-Sports is really getting a lot of popularity since most of the new generation play computer games while e-sports mostly focus on popular games that everyone plays a lot like Dota and CSGO. I think the E-Sports community is almost catching up to most of the sports market since it has a wide range tournament on different games covered.

I don’t play much other games aside from Dota2 but I’m surprised to check how vast the active tournament right now on different games when i check on the Liquipedia. E-Sports is really a big deal on sports betting. It’s like online gambling when they are rising its popularity.

I agree that casinos and advertisers are having an AI revolution and we will see that in the gambling world as well but I do not think that AI is or ever will be useful in predicting future events. Sure, they can spit out better probability numbers than any human mathematician. But the probability itself will not be influenced or changed, so gamblers will be disappointed because they think they can outsmart the system somehow and make more money from games which are based on pure luck. But if an AI could do that so easily or at all, would we not already be seeing people using AI in gambling? I myself have not heard of an AI used for better gambling results.

Same goes for trading. There are trading bots but I doubt the existence of a bot which can predict the future price of the traded asset.

High odds and high betting limits. Here's what's most important to users

Of course eSports is also part of the gambling Al that has been encrypted in video games for more relaxed games and for bettors pleasure.



Usually, I think programmers have found love in horses and from inception have made races for horse competition but I know dog race also exist. And maybe I have not seen other animals like cheater etc, maybe they exist.



How does it feel when horse racing is also encrypted video on eSports. I think with the different options including horse racing, eSports is growing daily and creating gambling experience.

Do we have to predict on the future? I do not think we need to do that. But we can talk about the modern time innovations that is helping in gambling generally. Example like gambling sites enabling their users to use  bitcoin, altcoins and web3,  the creation of browsing phones, smart watch and the virtual reality devices that is helping in gambling, the use of AI and and machine learning in general. Many of which are not prediction but what that is actually happening now.

Gambling sites make their users to use bitcoin to gamble, but bitcoin was innovated. That is just an advancement. It can be included, but it is what that has been happening, not future prediction. Since bitcoin was created, there have been gambling sites that have supported bitcoin deposit since many years ago. It is modern but not something new again.

So how monero is the anonymity coin? Once you send monero to a gambling sites, you are also not in possession of the coin (monero) again, the gambling site will be in possession of the coin. It is true that monero is a privacy coin, but not in this example.

He used AI for marketing purposes in his posts above.

Although some people as gamblers may want to use bots in gambling too. There are way bots are always helpful, but gambling is gambling and it is very risky while the gambling sites have house edge which bots can not break to win overall.

If you are watching the in-play matches on some betting sites, you will some games that will end before 20 minutes, those are eSports which you can predict who to be the winner. Some will take just 8 minutes if not less. You can also bet on eSports.

AI oddsmaking and handicapping is a great thing for the future I believe as there is big room for error in providing odds when you will leave that to artificial intelligence and I am sure all of us bettors,sport bettors from a really really long time will catch these errors in no time and make huge profit from our bets.Honestly this technology can have much more damage for the casinos than benefit as one such error as the above mentioned it will cost the casino all the money that they may have won from this technology until it makes an error.I know there is still room for improvement in AI but whatever improvement it gets it still cannot substitute human brain when deciding about odds and handicapping.

Bitcoin is Bitcoin and gambling is gambling, there is no technological advancement here, gambling doesn't add anything beneficial to Bitcoin than gamblers using Bitcoin to gamble on online casinos.

If you want anonymity, Bitcoin is not the right call for it, look into XMR instead, Bitcoin is a decentralized digital currency and once you send it to a online gambling platform, you are not in possession anymore, the decentralize is broken then.

Finding optimal wager based odds using the help of AI makes sense but it still won't stop you from losing money, AI is here to make hard works less of a hard work, things will get easier with AI and it's going to be useful for those that are running a casino too, it's not going to be easy to keep paperwork when loads of people keep boarding a new online casino, AI can do the work easier.

If I am right, Esports are form of competition using video games, like multiplayer where pro players comes together to form a team and go to battle with other team's to win a prize, are you saying you can bet money on a team? If this is what you mean then I haven't seen or heard a lot about this.

Top 4 Trends and Technologies that Will Shape the Industry


Blockchain and bitcoin betting

Bitcoin betting is both a rising trend and a technological advancement. Blockchain technology creates a safe, decentralized, and anonymous way for sports bettors to fund and withdrawal from their accounts.

Anonymity remains a prized possession in the sports betting industry. Anonymous betting is a trend that won’t go away any time soon. Blockchain tech, especially Bitcoin’s blockchain, makes it capable to remain anonymous while wagering on your favorite team.

2. AI oddsmaking and handicapping
Arena is an artificial intelligence start up that is generating simulations of human behavior. The simulations should help those in the advertising industry better determine where to spend their ad dollars.

If Arena’s AI tech can help the ad industry, it for sure could help determine where players are most likely to put their money. If that happens, oddsmakers will have a powerful tool. If we take it further, AI could help players, especially players that bet a lot of money, find optimal wagers based on odds.

Without a doubt, there’s a place for AI technology in the sports betting industry. We must all keep an eye on how things develop.

3. Esports betting
Esports betting is the fastest segment of sports betting because it’s the fastest growing. It feels like every year there’s an eSports league in development.

The more options, the more players become involved. Esports isn’t going anywhere. In some ways, it feels like Esports is on the path to replacing horse racing as the daily sport to bet.

Like horse racing, eSports matches take place every day and close to 24 hours a day. Unlike horse racing, animals aren’t involved, which means there is no cruelty aspect to Esports.





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