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Topic: Sports Betting and AI predictions (Read 575 times)

legendary
Activity: 2506
Merit: 1113
There's no need to be upset
October 18, 2024, 03:12:10 PM
#79
Casinos/Sportsbooks are not threatened by the AI advancement in the gambling industry, as a fact, they are also working with their AIs. They have enough money to do all that and as players think they are smart, there are enough experts training and testing all loopholes so that there can't be cheating from customers' angle.

Talking about cheating, how can customers even cheat the house that controls everything? Unless you hack their system, you are not going to use the AI to cheat them or win more games regardless of whether it's sports betting or casino games,

The only "but" here is when you are playing real games with the casino and AI is allowed from the customer's angle. The customer might use advanced AI knowledge to outsmart the casino's system. I am talking about games like chess and the like, though I doubt if that will be allowed because it will need integration which the casinos may not allow.

this is the thing too
when a technology to attack is invented it can usually be adopted for all parts so casinos can use AI systems to detect users using AI and decide if they want them to keep playing or ban them...
some even say that profitable sports gamblers are usually banned anyways when they keep on winning
anyone can confirm if this is really true and share stories?
hero member
Activity: 826
Merit: 641
Leading Crypto Sports Betting & Casino Platform
October 18, 2024, 06:16:59 AM
#78
Casinos/Sportsbooks are not threatened by the AI advancement in the gambling industry, as a fact, they are also working with their AIs. They have enough money to do all that and as players think they are smart, there are enough experts training and testing all loopholes so that there can't be cheating from customers' angle.

Talking about cheating, how can customers even cheat the house that controls everything? Unless you hack their system, you are not going to use the AI to cheat them or win more games regardless of whether it's sports betting or casino games,

The only "but" here is when you are playing real games with the casino and AI is allowed from the customer's angle. The customer might use advanced AI knowledge to outsmart the casino's system. I am talking about games like chess and the like, though I doubt if that will be allowed because it will need integration which the casinos may not allow.
sr. member
Activity: 420
Merit: 253
October 17, 2024, 03:54:40 PM
#77
Until now, I never even believed in AI predictions because no one would be able to defeat the casino. From what I know only AI is designed by humans and with artificial intelligence with past information such as H2H or other information. And it's the same as our own predictions that are still the same as not giving any guarantee for victory.
On the one hand, I think the casino will not feel threatened by the current AI predictions. Because they have a really system that will not be able to make a loss of gambling owners.

The AI cannot be super intelligent in every field of life not to talk of gambling that is done out of predictions and not certainty. AI is programmed by humans as the data it uses to process it's information were made by humans so there's no way the AI can be 100% in predictions of gambling events except for some casino that has been programmed in sequence where merely making use of the previous results can determine the current result but it's still doubtful if they can make accurate predictions always. Casinos has different ways that they programmed their games such that it will be difficult for an AI to really tell exactly what the results would be so i don't think they will be threatened by the involvement of AI in gambling.
legendary
Activity: 2506
Merit: 1113
There's no need to be upset
October 17, 2024, 12:04:14 PM
#76
Until now, I never even believed in AI predictions because no one would be able to defeat the casino. From what I know only AI is designed by humans and with artificial intelligence with past information such as H2H or other information. And it's the same as our own predictions that are still the same as not giving any guarantee for victory.
On the one hand, I think the casino will not feel threatened by the current AI predictions. Because they have a really system that will not be able to make a loss of gambling owners.

the thing is that AI is quite good at data analysing but no one can predict the future,
there are other variables that can change a game for the best outcome or for the worst one
maybe some AI systems will be better than throwing a coin but not sure if we'll get to an edge with it
let's see
hero member
Activity: 980
Merit: 585
Leading Crypto Sports Betting & Casino Platform
October 17, 2024, 11:39:31 AM
#75
I feel like casinos are at a big risk nowadays, just think about a new AI focused on sports coming to the market to bring the best predictions, it would be a huge trouble, and even if no one can predict the future those AI could have a huge accurate rate, and that's an "Always win" game for the users.


Sounds like freedom for bettors but in the other hand it seems everything would become tough, you know why introducing AI usage for predictions and betting would be or generate losses for the casinos so with this there won't be need for such casinos or betting sites to make use of themand that's if they want to make use of them but then even if AI will make accurate predictions there would still be high levels of addicted gamblers which for me I'll say it's not advisable.
hero member
Activity: 770
Merit: 538
Leading Crypto Sports Betting & Casino Platform
October 17, 2024, 11:29:50 AM
#74
In my opinion, there can't be an AI that will make accurate prediction more than human players because even the AI are still going to depend on available datas which they will use to make their predictions, while human also make use of those highlights and sports events to make accurate prediction. AI will be fast to make prediction while humans will be slow, that's the only difference. Although human might make mistake too by allowing some data to slipped through their fingers, while AI can read every data just to make accurate prediction but I still doubt if there will be a big gap.
sr. member
Activity: 2618
Merit: 439
October 17, 2024, 10:55:42 AM
#73
For sure some AI will be locked for features like this, but some others will work with freedom and will be able even to analyze live games and suggest the right bet for the second time of the match.
I don’t think there’s anything AI can do that people can’t especially if it comes to making predictions. Like people, AI also just relies on historical data in which it analyzes and make assumptions out of. There’s no guarantee that its prediction will be right or wrong. We’re all basically doing that anyway. If you think AI’s prediction has more accuracy then you are probably one of the people who trusts those who sell predictions as an exclusive even though there’s really nothing special about them.
hero member
Activity: 2632
Merit: 649
DGbet.fun - Crypto Sportsbook
October 17, 2024, 10:36:12 AM
#72
I don't think that in the near future we will see any working model of artificial intelligence that can more or less accurately guess the outcome of an event. It is impossible to predict force majeure and the bookmaker emphasizes this because it sets the conditions for the bet. Yes, ai will be able to analyze two opponents and give someone an advantage, but not the exact outcome of the event, it cannot look into the future.
legendary
Activity: 2506
Merit: 1394
October 16, 2024, 10:33:03 PM
#71
If there are AI that are predicting matches, betting sites will be very happy. They will be happy because they know that the AI will let people think that they can use them for betting. But at the end, those that bet frequently will still be losing. To make money from betting is beyond prediction. Not good for people to think they can make money from betting because it will disappoint like those prediction sites.
True, it will lure more customers to use their platform, for sure some of them will also build some built-in A.I. predictions to their platform. More wager = more money for the casino platform.

This is like also on some exchange platforms that have some AI. integration to analyze the current market or the next move and again it will not guarantee you better results.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
October 16, 2024, 10:28:50 PM
#70
AI is really, really powerful. More so in analyzing large sets of historical data and producing insights. But when it comes down to sports betting, so many unpredictable situations cannot be captured by AI. Athletic performances are dictated by so many different things: injuries; shifts in the teams' performance, the weather, even sometimes an athlete's emotional state. Things that historical data can't always predict. It gives you an upper hand in maths. However, is it funny how sports would be a whole different ball game, if you will, because far more fluid than the numbers in any book? AI may predict the better winning percentage by your team under similar circumstances, but things like a sudden red card cannot be factored into it. Shock injury to a star player or even some strategic changes by the coach that could change the dynamic of the game.

Of course, with all these, I feel that AI is still a good tool for a bettor if applied properly. It can give a base for analysis. It draws conclusions from the data that can inform your decisions. However, relying solely on AI is a misconception of sorts. Properly successful bettors have put to use a mixture of all tools, whether it be AI, personal research, and predictions. The AI can pick the stronger options based on analysis. But don't forget the practical conditions that may alter the outcome in ways AI systems cannot predict.

For example, if the AI ​​gives a particular team a more impressive win rate based on their past performance. Critical thinking about the present is important. Do some new players join? Are key players tired? Were there any recent changes in technologies? Sometimes, a better understanding of human memory and physiology can fill the gaps where AI can make predictions. So, I think the better way is to see AI predictions as a huge mystery. Use it to guide your thinking.
AI can catch the information from what is already happening but they still don't know what will happen later. I mean they can not have an accurate prediction but only percentage how and what will happen. So we can not rely to AI 100% because there is still a chance their prediction will not happen because the situation can change anytime. We must know about that so we need to gather more information from other sources so we can have our own analysis that can be a comparison between our analysis and what AI prediction.

The existence of AI help us to collect the data without taking too long so we can use that for our analysis. Our analyze time will not takes too long so we can directly place our bet. We need to determine our decision and not just based on AI especially if we want to improve our skills to be better.

AI can do many things and help us in our daily life so we need to learn how to use AI for our benefits.
full member
Activity: 476
Merit: 230
God is All
October 16, 2024, 04:17:22 PM
#69
Ai predictions are a trap that a lot of people would fall into because they don't realize the fact that it's a would actually be a way for bookmakers to make a lot of money. Ai cannot give you an accurate prediction on any sports. Ai can be used for data analysis, statistics and many other things but when it comes to sports betting it can only give you suggestions. Ai is actually limited it can't do everything, sports predictions requires human intellect and input. And just because Ai gives you instant answer to all questions doesn't mean it's capable of doing everything.
hero member
Activity: 784
Merit: 672
Top Crypto Casino
October 16, 2024, 03:17:09 PM
#68
I feel like casinos are at a big risk nowadays, just think about a new AI focused on sports coming to the market to bring the best predictions, it would be a huge trouble, and even if no one can predict the future those AI could have a huge accurate rate, and that's an "Always win" game for the users.
No, none of the casinos will be at risk even if AI focused sport predictions get better because AI doesn't know what's going to happen in future and they'll never know that. I know AI can be good at many other area but when it comes to sports betting AI won't be of any good use. I know the AI can access data of all past matches but still it can't predict the future and that's a fact.
full member
Activity: 266
Merit: 120
October 16, 2024, 02:56:54 PM
#67
I feel like casinos are at a big risk nowadays, just think about a new AI focused on sports coming to the market to bring the best predictions, it would be a huge trouble, and even if no one can predict the future those AI could have a huge accurate rate, and that's an "Always win" game for the users.

For sure some AI will be locked for features like this, but some others will work with freedom and will be able even to analyze live games and suggest the right bet for the second time of the match.

There is no much difference between the AI and humans reasoning just that the speed of the AI in calculating the possible outcome of something is the distinct features that it has but AI will still act like prediction sites in the sense that they will still gather data of the statistics of the both teams playing such as their previous meetings, previous matches, current form and standing in the league table, injury assessments and possible players that will be featured in a match and etcetera. As for live matches it will mostly depend on ball possession and the team that gives more pressure than the other for it's prediction.
legendary
Activity: 1512
Merit: 4795
Leading Crypto Sports Betting & Casino Platform
October 16, 2024, 12:29:52 PM
#66
Correct, the only thing AI can do is to study the past and recent performance of the teams and can determine who has the better chance of winning the game. Some lazy gamblers may use AI for this purpose.
I am not in support of AI but if it can be used to know the performance of the team's recent matches that are playing, people can use it while making analysis to predict which team that is highly possible to win. I do not see it as laziness. But some people (like me) will not prefer the option.

By the way, if anyone is not sure about who will win and also does not want to study the strengths and weakness of the team, can only look at the odds and determine which is the stronger team. The one to whom bookies give low odds is likely to win and the higher odds mean a weaker team. But the results are always random, meaning you never know if weaker team players show better performances and win on a certain day.
Checking the recent performances of the clubs is also very important. Checking the odd only is not enough. Also if two clubs have almost same performance and are playing excellently in a way they can be given 2 : 2 odds, the home team will be given slightly lower odd while the away team will be given slightly higher odd.
legendary
Activity: 1162
Merit: 2025
Leading Crypto Sports Betting & Casino Platform
October 16, 2024, 11:57:32 AM
#65
Until now, I never even believed in AI predictions because no one would be able to defeat the casino. From what I know only AI is designed by humans and with artificial intelligence with past information such as H2H or other information. And it's the same as our own predictions that are still the same as not giving any guarantee for victory.
...

That is the main reason Artificial intelligence is doomed to fail from the beginning when comes to predictions, it has the same information we have and hence, they prediction are as flawed as ours. The real advantage of artificial intelligence is how fast it can handle information and make operations which would take several minutes for a human being to perform.
I have read someone in this forums had developed a tool to earn money using AI, which was basically a tool to detect when a match was being fixed, so he could bet heavily on those same matched and pocket some money. Even though it is still a devious way to use computational power to make a profit, it is a real application AI has.
full member
Activity: 308
Merit: 111
Reward: 10M Shen (Approx. 5000 BNB) Bounty
October 16, 2024, 10:30:28 AM
#64
Artificial intelligence in sports in general has many positive effects through improving player performance, analyzing match footage, helping referees make the right decisions, and enhancing the viewer experience.

As for betting, it also has a great benefit if we define its uses and make it a means of obtaining information and analyzing matches to obtain acceptable results, but I do not think that relying on it completely is a guaranteed step to obtain guaranteed results because the final decision remains in the hands of the gambler.

If we choose between sites and prediction channels, I think that it will have a relative advantage due to the huge amount of analysis and information that it can access compared to a human.

Of course, this technology will put casinos at risk of losing and will give players a winning opportunity by using it, but I do not think that it will represent a great risk because all information is obtained through previous data, and even if its accuracy rate is high, it will fail to predict the future, and this is the difference.

hero member
Activity: 2716
Merit: 904
October 16, 2024, 08:56:12 AM
#63
Until now, I never even believed in AI predictions because no one would be able to defeat the casino. From what I know only AI is designed by humans and with artificial intelligence with past information such as H2H or other information. And it's the same as our own predictions that are still the same as not giving any guarantee for victory.
On the one hand, I think the casino will not feel threatened by the current AI predictions. Because they have a really system that will not be able to make a loss of gambling owners.

People are drawn to AI, especially if they think it’ll boost their winning chances. In reality, AI can only make our job easier, like helping with research on a specific game. But at the end of the day, it’s still a "game of prediction." No one, not even the bookies, can be 100% sure of the outcome.
hero member
Activity: 1148
Merit: 796
October 16, 2024, 08:53:59 AM
#62
AI might generate some winning results but AI doesn't play the game and it cannot predict what will or won't happen in the game. Cannot predict injuries, cannot predict missed kick or passes, cannot predict if a player is tossed out, just cannot predict everything. It analyzes data and gives an educated prediction IMO, but you as a person can do the same so I don't feel like AI is too much of an advantage and isn't an issue for bookies.
Well, that's what other people analyze? people speculate the upcoming match based on past results and we also have no way to predict what happen in the upcoming match. Then why we need to analyze by ourselves if AI do give more accurate analysis?

Until now, I never even believed in AI predictions because no one would be able to defeat the casino.
Yeah because if they can really beat the casino, this year almost all casinos would bankrupt lol.
hero member
Activity: 1330
Merit: 585
Leading Crypto Sports Betting & Casino Platform
October 16, 2024, 08:40:58 AM
#61
Until now, I never even believed in AI predictions because no one would be able to defeat the casino. From what I know only AI is designed by humans and with artificial intelligence with past information such as H2H or other information. And it's the same as our own predictions that are still the same as not giving any guarantee for victory.
On the one hand, I think the casino will not feel threatened by the current AI predictions. Because they have a really system that will not be able to make a loss of gambling owners.
legendary
Activity: 3136
Merit: 1172
Leading Crypto Sports Betting & Casino Platform
October 16, 2024, 08:26:11 AM
#60
AI might generate some winning results but AI doesn't play the game and it cannot predict what will or won't happen in the game. Cannot predict injuries, cannot predict missed kick or passes, cannot predict if a player is tossed out, just cannot predict everything. It analyzes data and gives an educated prediction IMO, but you as a person can do the same so I don't feel like AI is too much of an advantage and isn't an issue for bookies.

Correct, the only thing AI can do is to study the past and recent performance of the teams and can determine who has the better chance of winning the game. Some lazy gamblers may use AI for this purpose.

By the way, if anyone is not sure about who will win and also does not want to study the strengths and weakness of the team, can only look at the odds and determine which is the stronger team. The one to whom bookies give low odds is likely to win and the higher odds mean a weaker team. But the results are always random, meaning you never know if weaker team players show better performances and win on a certain day.
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