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.
In fact, it is a reality that AI is capable of providing insights which are far beyond human capacity in analyzing massive data sets. So, over time, the predictions become more accurate but at similar speeds with which AI processes statistics and models. However, sports are also susceptible to things like emotions, injuries, as well as unpredictable weather which cannot be mathematically quantified.
With AI-enhanced betting, casinos will certainly have their problems, but I think that, however good the AI is, sports will always be a little unpredictable. That's just part of the thrill! Regulations will probably also factor into the incorporation of AI in betting systems. I look forward to seeing how it goes from here.
I don't know where the treat of AI will make any difference in sports betting because AI is just a computer that works with past and present record to predict the future. As long as it is prediction, it will not give answer different from what humans are already doing because prediction has not atom of certainty with it as reality may not be like what was predicted. It could give more detailed analysis of matches which can increase the confidence of the gambler but such predictions should always be taken with caution knowing that nothing is sure.
What a great idea! AI is incredibly efficient at analyzing large amounts of data quickly. But in the end It still works with some probability. It is not a warranty. as you said It is no different from human analysis. Based on experience, evaluation, and past work This is where humans cannot track events in real time, such as last-minute injuries. Changing weather conditions or even team opinions on match day
AI can increase a player's confidence by providing more insights. But sports are unpredictable, and that holds risks always. For example, I thought what made the fun of betting was the uncertainty on whether how great the AI is. Do you have to guarantee everything? Will be betting as much fun as it used to be when everything is guaranteed?
Predicting the future is not easy at all. No matter how well you train the AI model, it will only give future results based on the past data. But in the case of sports events, the past data doesn’t matter at all. As currently players might have trained better, the stadium might have been modified, and also the playing conditions might be different. These all factors will affect the overall playing style. Hence, the result might be a different one. So I won’t suggest anyone to use the AI models and risk their hard-earned money.
This is true. AI can only gives the percentage of the prediction but AI will not know if that can happens or not. AI calculates and analyze everything from the past and what happens to that team so AI can tells us which team that have bigger percentage to win. We can not just rely on that AI but we should trying to analyze by ourselves and we can use the data from AI to help our analysis. By looking about their history, we will have more knowledge about the teams so we can analyzes more to finds if we can place our bet to that team or we needs to skip the match or even place a bet to the opponent.
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.