Author

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
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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.
hero member
Activity: 1736
Merit: 857
October 16, 2024, 08:16:19 AM
#59
I very much doubt the creation of such an AI. Because I understand perfectly well how difficult and unreliable it is. Well, betting works on the basis of probability theory. Even AI can't fool math. All these fantasies of miracles have always been there. Previously, oracles were turned to for prediction, now there will be AI instead of wizards...
legendary
Activity: 2828
Merit: 1497
Join the world-leading crypto sportsbook NOW!
October 16, 2024, 08:13:28 AM
#58
Yes Ai will definitely improve on match prediction but I doubt there's much worry here, since live games can't be entirely predictable, after all this are being played by we humans, nobody have an 100% stand on who will win, score or draw in a game except the game is rigged.
There is nothing it will improve for me. I only go for the matches that I know. Also I can make use of some free prediction sites. I do not care if the site use AI or not. After checking the prediction site, I will still make investigation to know if I should bet on the match or not. In common leagues like EPL, I know the clubs that I should bet on, I do not need AI or any prediction at all.
Just a thought, but how would AI predict if a draw happens between two teams in said league?
No matter what system is used no one not even AI can predict if an injury happens late in a match and a penalty would occur in the last minute of a match.
Just watching how now AI are asked to create new memecoins and actually are promoting them on X all by itself without any human interaction. And it has been successful in some instances.
legendary
Activity: 1624
Merit: 1200
Gamble responsibly
October 16, 2024, 08:05:00 AM
#57
Combining investigation and free betting sites is also the means I used to predict games. I have never considered using AI tools, but it might be possible that these prediction sites use them for analysis.
As for me, I only use the prediction sites for my analyses. The prediction site will let me know the matches that I should bet on, then I will go to make further analyses, most especially the players that will play, how often the club are scoring and some other information. I do all manually without the need of any AI. Also the only prediction sites that I am using only use the last five matches the club to choose played to make its conclusion.
legendary
Activity: 2576
Merit: 1252
Leading Crypto Sports Betting & Casino Platform
October 16, 2024, 07:26:16 AM
#56
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.



hero member
Activity: 686
Merit: 987
Give all before death
October 16, 2024, 07:18:11 AM
#55
There is nothing it will improve for me. I only go for the matches that I know. Also I can make use of some free prediction sites. I do not care if the site use AI or not. After checking the prediction site, I will still make investigation to know if I should bet on the match or not. In common leagues like EPL, I know the clubs that I should bet on, I do not need AI or any prediction at all.
Combining investigation and free betting sites is also the means I used to predict games. I have never considered using AI tools, but it might be possible that these prediction sites use them for analysis.

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 AIs 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.
AI can only analyse and predict games based on statistics or history. Statistics could be helpful in sports betting but they are not accurate or certain. Sometimes, some low-rated teams will just win a big club; meanwhile, based on the data collected by AI, it will not make such predictions. Who would have expected that Parma will win AC Milan this season, I am sure no AI would have predicted it.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
October 16, 2024, 06:58:21 AM
#54
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.
hero member
Activity: 546
Merit: 516
October 16, 2024, 06:48:13 AM
#53
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.
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.
legendary
Activity: 2436
Merit: 1362
October 16, 2024, 06:11:48 AM
#52
I feel like casinos are at a big risk nowadays, ....

This made me laugh, no offense @OP, but I do like the enthusiasm.

Casinos already know what AI is capable of, and when it comes to sports betting, they won’t be worried about that because odds and lines aren’t fixed. They adjust them as they see fit to guarantee profit. Some people claim they can beat the bookie, which is kinda funny because that’s never going to happen. Have we ever seen a bookie go bankrupt? Maybe a few, but not because they lost money to sharp bettors. It’s usually because they couldn’t afford to keep advertising and didn’t attract enough gamblers.
I also think that bookmakers are aware of all the latest innovations from artificial intelligence. They probably have a department that monitors and studies the risks associated with the development of AI. However, they will be ready for this earlier than others and those players who will use AI to try to beat the bookmaker will simply continue to pay him. Of course, a player can win several matches in a row, but then if he continues to bet, this money will go back into the bookmaker's pocket. They are not as excited about such rapid development of technology as it may seem to ordinary players.

Ah they definitely have to have a department looking at the latest innovations from the AI community,
Casinos are not going to let something like AI predictions create an "unfair" advantage to gamblers.

ATM I dont think I would rely or even engage with AI in relation to making predictions on sport. The
reason is because of the "human" element of sport. AI cannot predict human emotions or injuries.

Ok it can compile all historical data between two teams and scan for recent news etc. and spit out
a prediction quicker than we as humans can which is all great but it cannot predict the "ah I didnt
see that happening" moments.
hero member
Activity: 910
Merit: 636
October 16, 2024, 05:46:57 AM
#51
I feel like casinos are at a big risk nowadays, ....

This made me laugh, no offense @OP, but I do like the enthusiasm.

Casinos already know what AI is capable of, and when it comes to sports betting, they won’t be worried about that because odds and lines aren’t fixed. They adjust them as they see fit to guarantee profit. Some people claim they can beat the bookie, which is kinda funny because that’s never going to happen. Have we ever seen a bookie go bankrupt? Maybe a few, but not because they lost money to sharp bettors. It’s usually because they couldn’t afford to keep advertising and didn’t attract enough gamblers.
I also think that bookmakers are aware of all the latest innovations from artificial intelligence. They probably have a department that monitors and studies the risks associated with the development of AI. However, they will be ready for this earlier than others and those players who will use AI to try to beat the bookmaker will simply continue to pay him. Of course, a player can win several matches in a row, but then if he continues to bet, this money will go back into the bookmaker's pocket. They are not as excited about such rapid development of technology as it may seem to ordinary players.
copper member
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October 16, 2024, 05:42:02 AM
#50
I feel like casinos are at a big risk nowadays, ....

This made me laugh, no offense @OP, but I do like the enthusiasm.

Casinos already know what AI is capable of, and when it comes to sports betting, they won’t be worried about that because odds and lines aren’t fixed. They adjust them as they see fit to guarantee profit. Some people claim they can beat the bookie, which is kinda funny because that’s never going to happen. Have we ever seen a bookie go bankrupt? Maybe a few, but not because they lost money to sharp bettors. It’s usually because they couldn’t afford to keep advertising and didn’t attract enough gamblers.

Assuming that the capability of AI to predict accurate result is high then I think his assumption is correct no matter what will be the adjustment on the odds since no one will choose the other side to make the casino profitable on the house edge or player loss since everyone will follow the AI prediction.

However, there’s always a big BUT since there’s no way an AI can predict accurately on any sports match since game statistics is the only reference of an AI for prediction while actual game has different wild card element that affect the game.

Nevertheless, You’re right in the end that casino will never be bankrupt because they can think a way to solve AI issue if this is already a threat to casino because they have the right to adjust everything in the casino rules.
sr. member
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October 16, 2024, 05:27:20 AM
#49
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.
AI predictions for sports bettors will not guarantee them a hundred percent winning because these AI were programmed by humans and humans are not perfect. These predictions they do are just based on past data that were gathered.

I have seen an instance were Robots was introduced into crypto trading and people were having profits for some moments and started having great loss. Same thing will be applicable when people start using AI predictions.

Above all, it is human beings that are the athlete and they might not really play to your expectations and their full potentials. Making my predictions myself seems the best cause it will make you to brain storm and interact with friends about the odds on the next game. You will be very happy with yourself if you win the game too.
legendary
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Playbet.io - Crypto Casino and Sportsbook
October 16, 2024, 03:55:18 AM
#48
I feel like casinos are at a big risk nowadays, ....

This made me laugh, no offense @OP, but I do like the enthusiasm.

Casinos already know what AI is capable of, and when it comes to sports betting, they won’t be worried about that because odds and lines aren’t fixed. They adjust them as they see fit to guarantee profit. Some people claim they can beat the bookie, which is kinda funny because that’s never going to happen. Have we ever seen a bookie go bankrupt? Maybe a few, but not because they lost money to sharp bettors. It’s usually because they couldn’t afford to keep advertising and didn’t attract enough gamblers.
sr. member
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October 16, 2024, 02:56:16 AM
#47
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.
Has there been such an excellent predicting AI as that or we are having this as a discussion of technology possible to happen in the future?

I know some AI predicting gambling programs which are only techniques of influencing bettors ties them up just to subscribe to their channels falsely that they give accurate predictions.

I know programmers are always unrest in discovery such perfect AI tool to riddle the casinos with an accurate predictions but I don't think the casinos would fold its hands after being aware of these threats
So there is possibilities that the program domains of the casinos can always be updated on regular basis that would make it impossible for an anti programmer to break into their private site  possibly using the AI to read their games provider so accurately like that.
Though I believe as everything is not possible, so also everything could be possible.
copper member
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October 15, 2024, 09:30:18 PM
#46
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.
legendary
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October 15, 2024, 09:24:39 PM
#45
AI for sports betting will look like they will increase the chances for sports bettors, but it still is not a guarantee for accurate predictions. Gamblers who will depend on them solely will lose a lot.

I agree in this point, the accuracy will not be 100%, but if we place 10 bets and only 2 lose, the we will end with profit, and that's the way to use AI for predictions, to place multiple bets and win most of them.

For sure there are some AI that already do this, and they should offer the probability to win that bet, so, is betting with information and ods in our side, and maybe casinos will take this as a way of cheating.
sr. member
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October 15, 2024, 05:26:27 PM
#44
Hmmm AI focuses on sports betting....? This is very curious.

I know AI will definitely continue to be developed and improve in technology but I'm not sure this will be the reference where users can easily use AI with a sharp level of accuracy... Sports are still difficult to predict so it will be difficult for them with accuracy.

Yes although some users use AI for betting but I'm not sure this will increase their chances in sports betting.

Why I say that is because until now most people bet not using AI.
As for the future we never know...
hero member
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October 15, 2024, 05:16:42 PM
#43
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.
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.

The thing is that people just have the whole hype and taught about AI being so magical and powerful to be able to bring a change to the gambling industry where as the truth is AI technology itself draws its information and conclusion from the data present in those games which every human like me and you can evaluate and also predict out positive results. Well like you said there are so many things that can influence a match as an emergency injury can also change the outcome of the end result of that game where as AI is no magician to know that.
hero member
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Bitcoin Casino Est. 2013
October 15, 2024, 05:11:19 PM
#42
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.

I don’t think casinos owner will be in any form of trouble if an AI like this should be released because there are so many things that can determine the outcome of a match and I’m sure that there are no AI that can predict or tell what will happen in the future or what incident will take place that will change the whole game.

Some people will definitely be able to utilize it and make the best out of it while some won’t be able to make a dim from the prediction that they are going to get - so it won’t really bother the casino owners as they’ll still be able to make their bucks off of those that are not lucky enough.
legendary
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October 15, 2024, 04:45:43 PM
#41
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.
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.
full member
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cout << "Bitcoin";
October 15, 2024, 04:40:16 PM
#40
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.

We will definitely see AI usage in the betting industry, but the accuracy of all predictions will literally be the centre of focus. If an AI is to make analysis, we should expect that the AI will have to make use of all available information or current data about any teams in action. Some of the data might range from team form, players fitness, who is playing at home, and others, which is literally not different from what we the humans use in making our own predictions, and it's hasn't made us 100% efficient (correct) when it comes to making predictions, so I don't see AI as anything different.

I don't really know how AI will fit into the system, but I believe it will definitely be introduced and used by those who chooses to. But like I said, it's accuracy matters, and we all know that in sports (especially football), unimaginable things happens. Even teams that are in form suffer sometimes, which I feel will definitely not work well with what AI might want to offer.

And as for casinos, I don't really know how well it will work or which area it might be applicable. Casino is kind of broad with different games, which is unlike other betting companies where most of their services is based on predictions.
sr. member
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October 15, 2024, 04:32:19 PM
#39
I don't believe AI can predict sports outcomes more than people and if people have not been able to put casinos in trouble, then AI will certainly not do so either. AI predicts the outcome of a match based on the information it is given and those information alone cannot win you bets.
When predicting a game, you look at all the factors available. You look at the stats, the h2h, the current form, available and unavailable players, which team is at home and which team is away. All these are what the AI will also look at and if it was that easy then we would be winning bets everyday.
Options that are most likely sure to come will have lower odds and would require a higher stake playing more games which increases the risk.

I agree that a good AI might increase your chances of winning, but it wont put the casinos in trouble because you will get a lot of losses too.
legendary
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Leading Crypto Sports Betting & Casino Platform
October 15, 2024, 04:17:39 PM
#38
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.

I wonder where I can get it because it seems like trying a few chances might not be a problem. At least, I will also be ready for the risk of losing because basically I personally don't really like to choose options that are not based on personal predictions. But yeah, because the technology is getting better or maybe even more terrifying, then maybe there's no harm in trying, or maybe it would be better to avoid it. Because honestly, when this AI becomes very booming, I feel like this life is no longer interesting because anything can be made easily as long as it can still be connected to the internet network.
hero member
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October 15, 2024, 04:17:28 PM
#37
Well, I think what's the best AI can do is to provide us with current game/match analysis. Like the detailed analysis that includes everything, from players, coach, injuries (major & minor for those players who have fatigues and will still play), and any other significant changes and additions. AI suggestions might most likely very tempting too. So, I gotta say, it won't still gonna be accurate because the game still be decided by players(humans), but this will be a very big help for the bettors to save time from reading all different sources about the news around the league in the internet.
full member
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October 15, 2024, 04:03:31 PM
#36
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.
Yeah but have you also think how these ai are being configured?

Well, I think they are humanly programs and coded information which there is no totally reliability or dependency on those information since it's humanly collected data then imputed to the ai were it picks and works on the coded information to give accurate or exact feedback to the user or to other gamer/gamblers.

AI as it's implies might actually be good but with time some gambling site might ban it or be highly frown against it if there are series or sequential winning, random winning that constantly emanating from either a specific account and user. If going viral and getting obvious then ban then will be easy as possible because the casino/gambling site wouldn't benefits from it any longer.
legendary
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Smart is not enough, there must be skills
October 15, 2024, 03:55:26 PM
#35
It's interesting that AI is now being widely thought of by sports bettors in the future, they can use AI to bet and that help can increase their odds.

However, I'm not so sure that AI can provide such accurate odds, that nothing will be perfect even if AI has a lot of premium features in the key, the results will still not be the same.

Honestly curious how sports betting using AI so far is just self-analysis without any AI assistance.
donator
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October 15, 2024, 03:41:10 PM
#34
I don’t think that AI will be any better at gambling than anyone else. I certainly don’t think that casinos are worried about having their profits taken by AI bots. If anything, they’re probably excited at the prospects of more gambling software driving more users to their services. AI will surely be a revenue booster for them.
legendary
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October 15, 2024, 03:39:40 PM
#33
AI hasn't proven to have better predictive ability than a normal human.
And really it's just a trash in trash out system. What information can you record in a way that could be fed into the AI model?

Are you sure this info can be recorded in the first place? And is it accurate? If not, it will be a disaster, worse than picking at random most likely. If someone cracks the model, then maybe it's not going to be you. But it's most probably very unlikely. It wouldn't just require AI but also a complex network to gather the information and a lot of documentation of how to feed it to a computer.

Of you have all this knowledge it might be better off used on something else though.
hero member
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October 15, 2024, 03:24:52 PM
#32
The funny thing is that Ai can do alot of things but one this it can't do is successful predict all matches. Yes you can have an idea of how a game is supposed to go by checking previous records, infact this is how odds are giving to teams, players or events in the game but as a long time sport better I can tell you that not all the time does a game go as predicted.

Ai can easily access all the records and would go for the smallest odds but as humans you can have emotions or your feelings about a match not necessarily by record and win the game.
I agree. We've all been praising what AI is capable of, but we shouldn't have tremendous expectations on something that's depending on luck and how the team performs. Perhaps AI could come up with a prediction that's taking into account the team's performance in the past X matches and comparing that with their opponent. Although this could show some success, it's not guaranteed and will never be, even in regular casino games, such as slots or dice, because they depend on probabilities and random occurrence.
hero member
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October 15, 2024, 03:20:28 PM
#31
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.
Since the popularity of AI, this has already brought out a major concern among gamblers and those who feel for the casino owners, but one thing that I believe is that no matter how they develop and train the AI to be, it can't be 100% perfect, just as a team can't completely predict how their own match will end with their opponent the way they are preparing; that's the same way the others are also preparing, which is why games are hard to accurately predict.
legendary
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Leading Crypto Sports Betting & Casino Platform
October 15, 2024, 03:15:20 PM
#30
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.

Until now, honestly I have never used at all the technology that is currently being discussed and used by many users around the world. For some reason, I am not interested in using it. Although it provides speed to get information, on the other hand it makes us spoiled by this one technology. The bad impact is, we want everything instantly and are forced not to think critically. Regarding sports betting that AI predicts, I highly doubt it. Once again I say, I have never used it and do not know how it works. What I know is that sports are not easy to predict with certainty. Even with high technology, such as the AI ​​that is currently viral. The problem is, in a match, nothing is certain. Sometimes, mistakes can occur due to one of the players making a mistake. Or, an unintentional incident that occurs during the match. And, not always the strong team always wins the match. For me, there is no technology that can predict accurately no matter how sophisticated it is. Especially in football, this game involves many people and mistakes often occur outside the scenario of a prediction.
hero member
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DGbet.fun - Crypto Sportsbook
October 15, 2024, 03:02:59 PM
#29
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.
That's not impossible and it is interesting on how the AI will be coming up with statistics and probability based on the results and answers that it will give per bet.

If soon an AI will be able to analyze live games, that is for sure gonna give some upperhand to the sports bettors. But until we don't see it yet, most data will be gathered that are published on the web for those who will have an inquiry about their bets on chosen sports.
sr. member
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Crypto Casino and Sportsbook
October 15, 2024, 02:57:53 PM
#28
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.
Artificial intelligence softwares usually work on the principle of math and in the case of gambling it's simply probability. Depending on how much data the AI has access to , it should be able to closely predict some games. The truth is whether gambling as a human or making predictions with an AI, the winning bets are still dependent on luck. The games can be closely predicted but not a hundred percent accurately predicted.

Take for example and AI that was created to predict a particular sporting activity say soccer, if a there is a match, what the AI will simply do is get as much past data as it can about team A and team B and then use those data to analyse the chances of either of the teams winning the game or the game ending up as a draw. Sometimes these past data may no work out and that's pretty much the reason why experts in sports lose bets too.
legendary
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October 15, 2024, 02:44:33 PM
#27
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.

Certainly, AI can be a powerful tool to improve the chances of winning in sports betting due to its ability to analyze huge quantity of data with great speed and accuracy, AI can spot patterns and statistics that human attention might miss. This can help the player make more informed decisions about betting. However, it is important to note that sports betting remains a form of gambling, and there is no guarantee of winning even with the use of AI, because there are many other factors that affect the outcome of a match, such as injuries, weather conditions, or even the psychological state of the players.
sr. member
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October 15, 2024, 02:26:40 PM
#26
and that's an "Always win" game for the users.
That can't be, no strategy is always successful for the gambler. Every strategy has an advantage and disadvantage, but you can not know until you use the strategy and the results of the game finally comes. However, any gambler that thinks AI can help him or her to predict a sport bet he is 100% wrong because sport games are not made by programmers, it's a something that is been play in a pitch and everyone watches it. Even if the games AI predicted was successful it probably because of luck and not because the AI is an expert.
hero member
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Top Crypto Casino
October 15, 2024, 02:15:16 PM
#25
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.
Don't be so o er excited with the possible success of AI on casinos because at best we have to agree with the fact that casinos have their own mechanism that will take care of the possibilities of AI and Bots, this is why some time some casinos will come out rightly to prohibit the usage of both AI or bots to n their platforms.

But if you say for sport bets analysis, then I will say yes, so me AI can help a sport betttors that generate some games analysis that could be a possible pointer to potential winnings in the process, but one thing we have to know is that, sport bets most especially football betting are mostly highly unpredictable.
hero member
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Livecasino.io
October 15, 2024, 02:03:04 PM
#24
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.
Let me tell you that casinos are always one step ahead. It may not be evident but I tell you that they would have already incorporated AI right now to do some tasks on their websites, like their chat bot, then geo tagging (not sure about this) but then there are other behind the scene AI involvement. If ever there is an AI for analysis best believe there would be an AI already in use by casinos to counter it one way or another.
sr. member
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Hope Jeremiah 17vs7
October 15, 2024, 01:08:30 PM
#23
Yes Ai will definitely improve on match prediction but I doubt there's much worry here, since live games can't be entirely predictable, after all this are being played by we humans, nobody have an 100% stand on who will win, score or draw in a game except the game is rigged.
There is nothing it will improve for me. I only go for the matches that I know. Also I can make use of some free prediction sites. I do not care if the site use AI or not. After checking the prediction site, I will still make investigation to know if I should bet on the match or not. In common leagues like EPL, I know the clubs that I should bet on, I do not need AI or any prediction at all.
Yes this is the thing, not everyone chooses this path some literally depend on some betting groups or platforms (paid/free) who may somewhat relay on Ai and not necessarily be completely, though still yet, this don't guarantee success but I know their accuracy on prediction will improve with time since more effort & resources will be made in improving it accuracy by the dev/engineers, still yet this won't mean they will be having better edge against sportsbooks thereby killing casino's business.
sr. member
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Sibi Dabo,,,,,,, Teme Ini Na Sime
October 15, 2024, 12:43:57 PM
#22
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.

You have a very good point, it would be a good strategy for bet sites because they would let users think that they can predict matches with Ai and they will definitely end up losing. Artificial intelligence can generate a lot of results but depending on them when it comes to gambling is quite risky, they can only make suggestions based on what they are programmed to give but they are not capable of giving out accurate predictions. If this was possible then bookies would fall out of business and it would be very bad for them.
copper member
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https://linktr.ee/crwthopia
October 15, 2024, 12:17:21 PM
#21
I doubt that they would be able to charge people just for sports predictions. There’s no assurance. It’s going to be a problem TBH because it’s not meant for that IMO. It’s possible that they have been able to predict correct outcomes but that’s not going to be always the case.

There would be systems that maybe built specifically for a single thing but gambling might not be one of them right away.
legendary
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October 15, 2024, 12:13:27 PM
#20
But does anyone believe that houses are not already using AI to adjust their odds? First they started with statistics programs and now they are using AI, the fact that bettors use AI for betting doesn't matter to them, because it won't be any better than the one they use to adjust the odds.
legendary
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The Alliance Of Bitcointalk Translators - ENG>SPA
October 15, 2024, 12:12:51 PM
#19
if will ever exist an AI able to predict outcomes of sports events for sure... this will be in the hand of bookmakers and odds providers and not in the hands of the gamblers!!!

systems that are ALREADY used in betting are well known and of course used by them.
Personally I don't think that an AI Predictor could be an issue or a threat for them... this will be just another instrument that they can use in order to become more profitable Roll Eyes

How could we call the system based on the algorithm responsible of calculating the odds bookmakers offer, but AI? The OP and most users talk about a hypothetical AI which would be 100% accurate and available for all (which is impossible, due to the infinite factors that have impact in the results) and forget that a not so infallible system, but accurate enough, is what they find every time they make a bet.

As the algo continues being improved, I don't think anything will change dramatically.
hero member
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Merit: 709
Playbet.io - Crypto Casino and Sportsbook
October 15, 2024, 12:10:27 PM
#18
The funny thing is that Ai can do alot of things but one this it can't do is successful predict all matches. Yes you can have an idea of how a game is supposed to go by checking previous records, infact this is how odds are giving to teams, players or events in the game but as a long time sport better I can tell you that not all the time does a game go as predicted.

Ai can easily access all the records and would go for the smallest odds but as humans you can have emotions or your feelings about a match not necessarily by record and win the game.
hero member
Activity: 1974
Merit: 502
Vave.com - Crypto Casino
October 15, 2024, 12:02:44 PM
#17
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.

That's certain for all die hard fans and sport enthusiasts to foresee their analysis on this part of gambling game. But for AI, I can't really figure out how accurate is their upbringing on this idea of 100% target to be obtained once the game commences. This is very difficult even for those masters of each analytical skills, due to unpredictability of each match. Better face the risk than to rely with AI analysis, because you'll regret if you give your trust at 100% towards it.
hero member
Activity: 1316
Merit: 787
Rollbit - The #1 Solana Casino
October 15, 2024, 11:54:27 AM
#16
I don't know why I'm a bit reluctant to do something using AI even though I know that this technology can make everything that people do easier.
Although in the future AI technology will be widely used by gamblers to make betting predictions, eventually they will realize that using AI in terms of predictions will not get them the results they want.
If there are casinos that have decided to implement AI on their sites, gamblers will slowly ignore AI in every betting prediction. I'm sure that will happen.
hero member
Activity: 896
Merit: 586
Leading Crypto Sports Betting & Casino Platform
October 15, 2024, 10:36:43 AM
#15
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.
It is impossible for AI to predict accurately the outcome of a match in future because these are human activities. Casinos will be very happy since it will make more people go into gambling, giving the casinos more profit because many will be misled by AI results and they will stake hugely to make profit. Whether you like it or not, luck is by chance and it is beyond human capacity, and AI is programmed by human.
hero member
Activity: 2800
Merit: 595
https://www.betcoin.ag
October 15, 2024, 10:23:12 AM
#14
There was an AI prediction tool posted here a few months ago. It wasn't really that accurate although the AI compared the skills and their previous wins, the AI didn't correctly predict the outcome of the game.

I always believe that the odds given by the sports bookies were already an accurate one. Heavy favorites have x1.01 - x1.30 odds and the underdogs with lower adds to win their match. It will just depend on us on what we want to pick.
I mean they are already predicting that the heavy favorite has a higher chance to win which could be the same as what the AI will offer. It's not like they just pull it somewhere in the streets because I bet there are also analyzers who did it and made sure that it is right.
Also, do not forget about traps, I have seen some during my long time betting on sports and if the AI is just taking their predictions from the internet, it will most likely choose the trap and the user of the AI becomes a victim of it.
Yeah, if we're talking about people who want to exploit casino using AI, people are forgot if the owner already hire developer who work to strengthen their security and use AI to calculate the odds more precisely. Of course this depend on which one is faster to upgrade their system, that's why there are still many hackers can exploit centralized sites.

There's a chance if someone already learn the algorithm of Chatgpt, Gemini etc and the way they collect the datas, someone could create fake content as many as they can to make Chatgpt, Gemini to collect data from their fake content.

They could program it to only get data from reliable sources and often the casino will collect the data of the bettors who usually win. And then they can use this data to only give these users customized odds.
sr. member
Activity: 1106
Merit: 391
October 15, 2024, 10:14:09 AM
#13
AI makes analysis based on the information it collects, so depending on the information it collects, AI can predict well or worse. Moreover, in the game anything can happen - it could be that the underestimated team suddenly wins the game - and many other unexpected variables that can make AI predictions go astray. So from this we can see that AI is not an enemy of the casino, in fact they welcome it and maybe in the future they will also develop AI that can help them make better decisions.
legendary
Activity: 1820
Merit: 1207
October 15, 2024, 10:05:56 AM
#12
I always believe that the odds given by the sports bookies were already an accurate one. Heavy favorites have x1.01 - x1.30 odds and the underdogs with lower adds to win their match. It will just depend on us on what we want to pick.
I mean they are already predicting that the heavy favorite has a higher chance to win which could be the same as what the AI will offer. It's not like they just pull it somewhere in the streets because I bet there are also analyzers who did it and made sure that it is right.
Also, do not forget about traps, I have seen some during my long time betting on sports and if the AI is just taking their predictions from the internet, it will most likely choose the trap and the user of the AI becomes a victim of it.
Yeah, if we're talking about people who want to exploit casino using AI, people are forgot if the owner already hire developer who work to strengthen their security and use AI to calculate the odds more precisely. Of course this depend on which one is faster to upgrade their system, that's why there are still many hackers can exploit centralized sites.

There's a chance if someone already learn the algorithm of Chatgpt, Gemini etc and the way they collect the datas, someone could create fake content as many as they can to make Chatgpt, Gemini to collect data from their fake content.
legendary
Activity: 3276
Merit: 3537
Nec Recisa Recedit
October 15, 2024, 09:58:37 AM
#11
if will ever exist an AI able to predict outcomes of sports events for sure... this will be in the hand of bookmakers and odds providers and not in the hands of the gamblers!!!

systems that are ALREADY used in betting are well known and of course used by them.
Personally I don't think that an AI Predictor could be an issue or a threat for them... this will be just another instrument that they can use in order to become more profitable Roll Eyes
hero member
Activity: 2660
Merit: 630
Vave.com - Crypto Casino
October 15, 2024, 09:53:49 AM
#10
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.


If AI gives huge accurate winning rate then what do you think would happen? Of course all gamblers would be rich overnight and those who are white collar workers that don't like gambling would immediately turn to gambling. No one likes to labour without seeing rewards and you see new adoptors in gambling.

I don't believe there is free meal anywhere. So gamblers should always disabuse their minds of easy winning or any magic exist in AI or betting sites. Just do your research and analyse your bets and bet according to how you can bear your loses. Some of these AI information and sure winning sites are the reason some gamblers overstake thinking they have certain assurance and later end up regretting.
legendary
Activity: 3318
Merit: 1133
Leading Crypto Sports Betting & Casino Platform
October 15, 2024, 09:47:02 AM
#9
I always believe that the odds given by the sports bookies were already an accurate one. Heavy favorites have x1.01 - x1.30 odds and the underdogs with lower adds to win their match. It will just depend on us on what we want to pick.
I mean they are already predicting that the heavy favorite has a higher chance to win which could be the same as what the AI will offer. It's not like they just pull it somewhere in the streets because I bet there are also analyzers who did it and made sure that it is right.
Also, do not forget about traps, I have seen some during my long time betting on sports and if the AI is just taking their predictions from the internet, it will most likely choose the trap and the user of the AI becomes a victim of it.
sr. member
Activity: 728
Merit: 388
Vave.com - Crypto Casino
October 15, 2024, 09:34:24 AM
#8
AI predictions? I've been there, as easy as it sounds you won't have your way, because AI predicts using analysis and that's all there is, even AI can be wrong, see this whole thing is people trying too hard to avoid losing in gambling and winning a lot more instead, you aren't going to get that, because you want the house out of business it seems, the more you get this the easier you will understand gambling.

Whenever you win someone else is losing, it is this simple, we can't all the winners and that's why life is hard on many of us, if it is very easy to make money everyone will be rich and our money won't have value, AI betting only increase your chance by one or two plus, thinking that you can't lose simply because of AI prediction is stupid.

AI or no AI, better be prepared with what you can only afford to lose, there is nothing that can completely safe you from losing when gambling, you will only get hurt if you risk alot and you can end up chasing your loss.
hero member
Activity: 1400
Merit: 623
October 15, 2024, 09:31:18 AM
#7
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.

I think casino will lower the odds to the minimum point for the picks that chosen by an AI assuming that they have high accuracy rate. Also casino can easily restrict or limit any user that use an AI for their game just like restricting the use of arbitrage bet that guarantee +EV on bets.

There’s a lot of ways for casino to counter and there’s no way that they will allow that gamblers will use them as source of income through a sure bet

Expect more additions to Casino ToS just to counter this tool.
legendary
Activity: 1064
Merit: 1298
Lightning network is good with small amount of BTC
October 15, 2024, 09:30:24 AM
#6
Yes Ai will definitely improve on match prediction but I doubt there's much worry here, since live games can't be entirely predictable, after all this are being played by we humans, nobody have an 100% stand on who will win, score or draw in a game except the game is rigged.
There is nothing it will improve for me. I only go for the matches that I know. Also I can make use of some free prediction sites. I do not care if the site use AI or not. After checking the prediction site, I will still make investigation to know if I should bet on the match or not. In common leagues like EPL, I know the clubs that I should bet on, I do not need AI or any prediction at all.
sr. member
Activity: 700
Merit: 470
Hope Jeremiah 17vs7
October 15, 2024, 09:23:57 AM
#5
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.
Yes Ai will definitely improve on match prediction but I doubt there's much worry here, since live games can't be entirely predictable, after all this are being played by we humans, nobody have an 100% stand on who will win, score or draw in a game except the game is rigged.

The more the chances of Ai and we gamblers have in predicting a game correctly, we see such prediction having small odd set by sports bookers on that game and so I think this will continually be used for it.
legendary
Activity: 1456
Merit: 1108
Use chips.gg
October 15, 2024, 09:13:10 AM
#4
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.
AI for sports betting will look like they will increase the chances for sports bettors, but it still is not a guarantee for accurate predictions. Gamblers who will depend on them solely will lose a lot.

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.
If it comes to fruition, I expect some kind of response from betting platforms in adjustment to this new technology that threatens the profit they make even though they don't guarantee an accurate result. Maybe they will reduce the options of bets available and maybe stop live betting as well.
hero member
Activity: 2716
Merit: 904
October 15, 2024, 09:06:13 AM
#3
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.

hmmm.. it sounds tempting for bettors to use AI for predictions, thinking it might lead to more wins, in reality, that’s not the case as it's hard to succeed in sportsbetting... and only a small percentage of bettors actually come out on top....

Okay to make it simple....Let me give an example to explain why I believe it’s still hard to win in sports betting, even with AI.

Let’s say you’re betting on an NBA game, with these odds:

Warriors +7 vs Celtics -7...

You ask the AI to analyze the game with the given odds.

The AI might respond, "Hey, with the odds you’ve provided, the Warriors have a solid chance of covering the spread as the Warriors are a good team, and in their last three games, they not only covered the spread but also won. On the other hand, the Celtics are a great team as the defending champs, but they only covered 1 out of their last 3 games. So, the best pick here is... Warriors +7."

Now, imagine 80% of the bettors use the same AI and get the same recommendation. They all bet on the Warriors +7. Bookies, knowing this, would just adjust the line--maybe they move it to Warriors +5 or less as more money pours in on the Warriors. Then, some bettors check with AI again, and now the AI might suggest betting on the Celtics at -3, because those odds look more favorable.

See, bookies have a system. They constantly adjust the odds to balance the betting action. No matter what we do, it’s unlikely that the majority of bettors will win because the bookies control the odds and spreads. When they balance the bets, they lock in their commission or juice, and the higher the betting volume, the more money they make, even if it’s just from that 10% com....

In the end, it’s still the bookies who have the upper hand.
legendary
Activity: 1624
Merit: 1200
Gamble responsibly
October 15, 2024, 08:59:30 AM
#2
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.
legendary
Activity: 3346
Merit: 3125
October 15, 2024, 08:52:35 AM
#1
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.
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