Topic: Using AI for betting predictions - page 7. (Read 777 times)

When I read your thread, I immediately thought: why does this friend of yours keep making multibet bets? According to what you wrote, he keeps making multibet bets because he wants to win a lot, but this idea of winning a lot is relative, in the sense that if he spent 1 month making simple bets and placing, for example, the amount won on the next bet, something like today he makes 3 bets in which he puts 5$ on each bet and on each bet he has 2.00 odds and gets all 3 bets right, so he will have 30$, tomorrow he repeats the same process, but puts 10$ on each bet, so when he gets it right he will be left with 60$, if he does this for a month then he could start winning a lot, I'm assuming he was able to get the games right using the AI.

now if he is putting money into the multi bets and constantly loses, then he will be spending money that he could use in the real world to buy other things and by doing this, he will start to get frustrated and will not accept defeat and will continue playing until he is bankrupt, this problem of gambling and losing a lot is something very unpleasant that causes pain and nonconformity on the part of many people, in many places that talk about sports betting and there is a consensus that making sports bets is something that the person, despite the person being obliged to, Looking at it as fun, the person also needs to be careful with multibet bets, because multibet bets are like lottery tickets, in multibet bets the person depends on luck

There are too many variables involved with sports betting for the really competitive games/leagues and competitions. AI will only be able to use past data and the present team form, fitness and injury update considered to give a suggestion or prediction, but just as the human predictions they is always the margin for errors due to uncertainty which makes many  gambler loose bets.

AI's cannot always correctly predict the winner of a game, AI cannot correctly predict the team to get the first corner, the first yellow card, the exact number of goals. AI is not God, it cannot tell the future.

AI hasn't advanced as much as we think it did. Even if it did, it won't be available to us, the common people. With the knowledge it has it can only be used in other sectors like education but not gambling. What's a AI gonna do anyway? Use it's super computing ability to compute the possible outcome? Ow come one buddy. Isn't gambling a game of luck? Isn't all the results are totally random? If AI could predict that specific random winning value then how come it is called random. The only place where, I see AI and gambling is when it's used for analyzing a game.

Artificial intelligence is a program technology yes it can have access to history, odds , form, ranking in terms of sport prediction this is a very important thing to have but sport prediction can still not go as plan, aside the artificial intelligence technology some prediction sites that takes their time to look at different factors before they drop any prediction still there are possibilities of the game failing.
Never trust artificial intelligence technology in gambling, this is a game of possibilities and luck not program.

An AI can help increase the chances of winning, but trusting completely is honestly not possible. There is no way to predict something, otherwise it would be used to win the biggest lottery prize available

Yeah AI may not give a big advantage in predicting sports bets. But AI can analyze lots of sports data to guess which team might win but it's not perfect. You should still use your own judgment and think about things like teamwork and other factors before making bets. In short DYOR.

You have already answered the question from the body of your post. You know 3 out of 10 is below average, 5 at least is fair but in this case it was not a fair performance.

I would have suggested if the AI could identify for him the exact 3 games that will be correct so that he can focus on betting on them with an increased stake since he likes bet multiple for the purpose of winning big. But in the absence of that, he can't be relying on AI for gambling winning. AI is also like using animals to predict like octopus Paul was made to do that but we also know it failed at different instances.

Unfortunately, he is a developer, therefore, loads of developer skills was put into place.

For instance, he uses self-developed python scripts to develop an advanced AI tool that gives him more precision (according to him) towards possible outcome.  All these are personalised, therefore, you can not get links to it. its customised (just a thing with developers).

At all,  AI will only predict some easily available data but will not be able to make an on-time decision if the game changes in its dynamism which sometimes needs human actions to either save the total loss or take profits sometimes.

Major reasons why AI development has not really made any headway in major discussions are which is more important than not having some real effect on the success of this development.

AI can't predict the future or at least until now and also the general AI engines will not give you any predictions if I am not wrong.

Hypothetically, if you ask the tool to pick one of two provided options then the possibility of the desired outcome is 1/2, so there is no wonder if few bets came as predicted and it does matter only if all the predictions come true but irl that day never comes.

I'd be interested to see the link to this information and whether his winnings are worth more than just manually predicting the outcome of the matches and whether can he do it in auto. This will be something to set up while you can just wait and see how much it accumulates like it's your payday.

Theres a thread about this AI prediction and it's a very long thread already. Youd be lost with all the posts in there but I guess this is V2.

In the long run, AI will not help, the casino will have the advantage of the house edge. You can use AI for other things in gambling, but not prediction because AI is not that better than knowledge humans in gambling.

There is a poll relating to this question of yours if AI should be use in predicting sports outcome

https://bitcointalk.org/index.php?topic=5427381.0;topicseen

Imo, I think it won't work. The current AI we now is basically just machine-learning. It only knows what users teach it. Unless someone already know what the outcome would be in any game, then using ai won't be reliable.

I have a developer who recently stumbled on multiple AI he uses for sport betting predictions, he uses it to generate sport bettings but none of the bets gets to be accurate as it generates tens of games. but when used to generate a much lesser number of games the predictions are sometimes  correct, at least 3 in 10 predictions of "multiple" bets.

But he loves having 30+ games "multiple" bet to win big amount and so far it has been a challenge in the last 5-6 weeks as his winnings have drastically dropped.


Should AI be relied on for sport betting predictions?