Topic: Using AI for betting predictions - page 2. (Read 711 times)

It does really have its limitation on which it is really just that normal, people been thinking nowadays that AI could really be able to do everything. Realistically speaking then when it comes to relevance and usefulness
then it is really indeed useful but there are things or areas on which using these AI's wont really be relevant or something that wont be that effective yet they cant really give out any good or considerable answers or responses on which you know and could point out that you could really be having much more better approach than with AI in speaking or whenever you do apply it on betting or any predictions or simply with gambling.

If ever you are really making some testing with those AI search related and really trying out to make use of this on gambling then sooner or later you would really be able to find the difference.
You could definitely say or tell to yourself that you should really be that making use of your own analysis rather than on making yourself do make use of this. 

To an extent, I believe the AI does better analysis than an individual can actually cover but the limitations that stops its perfection in prediction is that it only does its analysis from data feeds. So, if there is a new data generated and yet to be fed to an AI, it is obvious the AI will neglect it when giving predictions and that can render its analysis obsolete or invalid.

A persons knows better, AI can predict the game based on numbers. But people can predict the game based on experience. So I would avoid AI when betting on sports. Just turn on your sports channel, bet on your favorites team, enjoy the game and enjoy gambling. As easy as that.

AIs are getting scary at some point and they are developing by the day, there is a new one that I saw yesterday crypto related such as CardanoGPT. The AI can generate almost anything even an image that you want to draw.   If they can do all these, you wouldn't need an image editor. Cointelegraph itself can use AI to cartoonize an image.

Sports Betting AI prediction tools however may just take a database of sports gamblers who are best bettors of each sport which I suppose betting platforms can produce such AI.

I think that A1 can function better on present things like helping you to modify what you're trying to achieve, directing you on how to do things better. But not so much for future occurrences, it'll just have to rely on probability of numbers to arrive at answers, which can not be accurate. If it's sports bet, I guess it'd be better to avoid A1, because it'll probably rely on numbers scores, while you as a person knows the players and their capabilities, so you're better off without it. Unless the abilities of players in a game in imputed in it.

It's a valid skepticism about AI in predicting gambling bets. The reliance on data collection as the basis for AI-generated answers would be a robotic nuance that can't provide the excitement of gambling. The suggestion to make personal predictions, despite the possibility of being wrong, underscores the accountability that comes with independent decision-making. Blaming oneself for inaccuracies is seen as preferable to attributing errors to external sources.

If you know the choice to believe in AI or not, It emphasizes the subjective nature of trust in technology. AI isn't flawless because it also leaves room for individual preferences and decisions. This viewpoint encourages a balanced approach, where individuals retain the autonomy to make their predictions while being aware of the capabilities and limitations of AI. It reinforces the idea that the choice to rely on AI is a personal one, and individuals should be discerning in their decision-making processes.

Your argument about AI's gambling limitations is profound; people's naive trust in AI due to past accomplishments sometimes blinds them to its possible perils. AI is always changing, like any technology. Previous data may not account for subsequent developments or anomalies, making its predictions outdated. This is critical in gambling, because chances and conditions change quickly. Despite its lofty goal of 95% prediction accuracy, AI will always lose to the house. Why? Gambling is designed to favor the house. AI can improve decisions but not change bias. AI firms helping bookmakers manipulate predictions? Possible but unlikely. Understanding that AI is a tool, not a crystal ball, and that its efficacy depends on its data and algorithms is key.

I definitely think that AI shouldn't be trusted for sports betting predictions because when I examine many people's experiences about it I see that the result is generally disappointing. Of course, since AI has started to be used in every aspect of our lives there is an option to use AI to create sports betting predictions but I think sports betting shouldn't be placed based on AI predictions because it cannot make very successful predictions.

I think the only logical situation for using AI for sports betting is to prepare statistical analysis. Although making an accurate sports betting prediction by AI doesn't give very good results, I think it can be very useful and helpful for analysis. For example, for a football match we can analyze the performance of both teams in the last few matches, how many goals they scored and conceded in the last few matches and similar statistics using AI to analyze them more quickly and easily. In this way, individuals who place sports bets especially as a result of the analysis will complete the analysis process in a shorter time and will spend less effort.

There are several limitations attached to AI yet to be known by a lot of person's this is because they still trust in past results which have probably built their trust on AI and makes it difficult to at any point fault the predictions that are generated, I'm sure if it comes to the knowledge of these persons of the possible pitfalls of AI they will have a rethink.

A very prominent limitation with AI has to do with update of versions, the version of AI has a lot to do with the results it will produce, if it's yet to be updated with the recent happening, it's very obvious it will be giving out predictions based on old statistics which may turn out in the detriment of the user, as regards bookmakers coming against AI, looking at it from the other side it could be possible they work with this AI companies to reduce the accuracy of predictions if the find out more users engage in the use of AI, but then I doubt of there would be a time AI will get a 95% accuracy with predictions.

IMO, Ai is not reliable when it comes to prediction, we all know how AI works and that's by collecting datas that leads them to give an answers. Why not do your own prediction instead of relying on AI, at least once your prediction is wrong, you can blame yourself only not the others, right? But you're right, There's nothing wrong about AI and it's still our choice if we want to believe them or not.

I also see it that way. It's also called prediction, of course nothing is true especially when using AI because we know AI cannot predict the future, it only summarizes existing data to give us answers.

But for me there is no harm in using AI to predict a bet. This doesn't mean we immediately believe the predictions given by AI, but use this as a reference to strengthen our own predictions. Sometimes when we look for references for betting, we always look for it on Google, so why don't we make good use of AI because AI can collect almost the same information as provided by Google too.

I do not think so, sport books will have a lot of ways to protect themselves from an AI like that, like developing their own AI which can better predict the outcomes of the games and assign the odds appropriately, they could simply increase their house edge or they could change the nature of the bets they accept, so as you can see even if a powerful AI was developed that could make those kind of predictions, sport books will still remain in business.

These limitations in application of artificial intelligence is what makes it difficult to make predictions in  sports betting. Any day is software company is successfully able to develop and artificial intelligence for betting prediction birthday would be the end of sports book and no sports book would want that. It may lead to several Court cases or outright ban of any user found by a sport book trying to use AI to predict a game. It will be similar to AI detectors for writing but this one will be for sports betting.

AI does have certain limitations and application on which it's never been that ideal that it should really be used or would really be something that you would really be relying on.Just like on what others had been saying that informations been given or suggestions by AI is something that do comes from those informations been stored up.Yes it could make out calculations but it would never ever be reliable.
If you do make out some bets just for the sake of experiment then go ahead and test it out whether it do really give out that good results or not. There are indeed people who dont really believe on things on which they would really be pushing up on the idea on what they do have in mind on which its not shocking thing for some people.

Sooner or later they would be making out some realizations that they are doing something pointless because we know that AI is never been that reliable when it comes to predictions
but hence, if we do test out to ask AI then they are bound to respond that they dont know the future like kind of thingy which same goes when you do ask
for certain price of crypto in the future. Similar responses would really be given.

AI is used, doesn't mean AI accurately does the predictions. I don't trust AI as a tool that'll be utilized by experts for forecasting. If not it would have been adopted already. The whole concept of AI is to help humans in performing research and providing a summarized answer. However, they tend to send outputs that seem to be beyond these, yet nothing special about AI other than for research purposes in form of discussions or chat. Which is the main purpose, people use AI for almost every possible questions they've got. It'll be silly to entrust our funds in the hands of AI, in terms of gambling. Sports prediction can be expensive, and it requires due diligent analyses to predict and stake money on games. Else the player will keep on losing money like Op's friend. A gambler who is not proficient enough can easily purchase predicted games from sellers who claim to be experts, than depending on AI. Human brain is far, far better than AI and their development process. The model may not be trained well enough to decide or predict sports results like humans do. And since the results relies on humans, artificial intelligent is quite useless in such matters. Human brain can change thoughts in split seconds, and the game would change immediately. That's why no model or method of predicting games works consistently correct. AI can still get us to win, but it'll be once in a long while.

It's very tempting to use AI for betting because AI's has proven its worth in the industry like writing and drafting, but this is gambling where luck plays a major factor, and no one not even machines can analyze luck, like humans AI can only speculate, they cannot and have no ability to give an accurate prediction, it will still rely on luck, these AI may be good in other industry but we try we cannot use AIs effectively on gambling.

From the points gathered thus far, it is indeed not capable of delivering on what systems has speculative-variables.

The dynamics of soccer makes it almost not possible to be perfect in predictions. Stating instances; the performance of a player might not have been updated to the data feed of the AI a few days before the game, this leaves the AI predictions with a blind spot but this has serious implications on the specualtions of the AI, hence, perfection will not be achieved.

Conclusively, AI is best at things whose variables aren't far from expectations and apply formulas to achieve an expected result. Dynamic systems are still areas in which AI will not function optimally.

Your story just proved that AI is not accurate you don't have to try it yourself to see if it works unless you are comfortable losing money, up until now the majority of users have proven that AI's are not accurate and it's used at your own risk.

If you're comfortable with what you are going to lose if you're going to use an AI then have it your way, you will end up still relying on your analysis and prediction because human has a better prediction rate than machines.

Yes, AI can be used to narrow down the possibilities. Because in gambling anything can happen. There is just too much factor, variables that has to accounted for. But if we could eliminate these, then predicting the outcome can be much much much easier.

Have you ever used any trading bot? I don't see them as anything useful. Yes they help to analyze the market condition but that's it.

Ai is not trusting in beting sometimes Ai predict it's depends on your luck if luck fevour then you can win but we all know luck doesn't everytime fevour on you. Gambling is a game of skil. Imporove your skil in gambling don't depends on other for gambling. Gambling gambling don't use Al for predict.