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Question: Would you let AI select your sports bets?
Yes - 37 (27%)
No - 92 (67.2%)
AI? What’s that? - 8 (5.8%)
Total Voters: 137

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Author Topic: [POLL] Using AI to predict outcomes  (Read 9786 times)
QueenVera
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February 03, 2023, 07:49:15 PM
 #301

No matter how accurate the predictions of the artificial intelligence (AI) might be,I will never leave Betting of my games son by an artificial intelligence but I will rather get some scope from them and also do my own research.
But I've heard of situations where people leave their bets to artificial intelligence and are doing massively great in it. But frankly speaking, I really don't see myself in this kind of situation leaving my bettings to an AI and I will rather do copy gambling over this kind of situation.

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February 03, 2023, 08:18:05 PM
 #302

^

In my opinion, we need to distinguish bettors into those who play for money and those who enjoy the very process of analyzing the upcoming match, the game and betting for fun.

The first ones will always try to increase their chances of winning with the help of various tools, no matter if it's famous forecasters or artificial intelligence.

We can all see the excitement created around artificial intelligence, and in fact it is only the beginning. I'm afraid to imagine what the future holds, but clearly AI will be used extensively in the prediction markets.

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February 03, 2023, 08:28:27 PM
 #303

No matter how accurate the predictions of the artificial intelligence (AI) might be,I will never leave Betting of my games son by an artificial intelligence but I will rather get some scope from them and also do my own research.
But I've heard of situations where people leave their bets to artificial intelligence and are doing massively great in it. But frankly speaking, I really don't see myself in this kind of situation leaving my bettings to an AI and I will rather do copy gambling over this kind of situation.

Ordinary people will never have access to an AI that is truly superior to other predictive tools. Obviously, such AI will be an expensive tool available to large companies. Once the technology becomes more widespread, there will be no point in using it - what's the point of making a super accurate forecast if your neighbor can easily make the same super accurate forecast? What everyone has is worth nothing.

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February 03, 2023, 10:12:19 PM
 #304

No matter how accurate the predictions of the artificial intelligence (AI) might be,I will never leave Betting of my games son by an artificial intelligence but I will rather get some scope from them and also do my own research.
But I've heard of situations where people leave their bets to artificial intelligence and are doing massively great in it. But frankly speaking, I really don't see myself in this kind of situation leaving my bettings to an AI and I will rather do copy gambling over this kind of situation.

Ordinary people will never have access to an AI that is truly superior to other predictive tools. Obviously, such AI will be an expensive tool available to large companies. Once the technology becomes more widespread, there will be no point in using it - what's the point of making a super accurate forecast if your neighbor can easily make the same super accurate forecast? What everyone has is worth nothing.

indeed! when that happens, i don't think there will be bookies to place your bet with. because before the bettors will take advantage of this tech, bookies already know about its existence and they won't permit to pay big winnings owed to AI. they will just shut down their operations and look for another profitable business. i don't think they are dumb to allow this scenario to happen. they are here for profits not bankruptcy.

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February 04, 2023, 04:14:40 AM
 #305

No matter how accurate the predictions of the artificial intelligence (AI) might be,I will never leave Betting of my games son by an artificial intelligence but I will rather get some scope from them and also do my own research.
But I've heard of situations where people leave their bets to artificial intelligence and are doing massively great in it. But frankly speaking, I really don't see myself in this kind of situation leaving my bettings to an AI and I will rather do copy gambling over this kind of situation.

Ordinary people will never have access to an AI that is truly superior to other predictive tools. Obviously, such AI will be an expensive tool available to large companies. Once the technology becomes more widespread, there will be no point in using it - what's the point of making a super accurate forecast if your neighbor can easily make the same super accurate forecast? What everyone has is worth nothing.

indeed! when that happens, i don't think there will be bookies to place your bet with. because before the bettors will take advantage of this tech, bookies already know about its existence and they won't permit to pay big winnings owed to AI. they will just shut down their operations and look for another profitable business. i don't think they are dumb to allow this scenario to happen. they are here for profits not bankruptcy.
True, but this means this is a race, by the time everyone gets access to an AI like that either the sportbooks find a way to adapt or they simply close their doors, but until that day comes anyone interested in the topic has the chance of developing an AI which can do this and have a huge advantage over any other player out there.

So it makes sense for anyone with the right knowledge to attempt to create an AI like that and obtain massive benefits to themselves.

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February 04, 2023, 05:39:26 AM
 #306

~snip~
Ordinary people will never have access to an AI that is truly superior to other predictive tools. Obviously, such AI will be an expensive tool available to large companies. Once the technology becomes more widespread, there will be no point in using it - what's the point of making a super accurate forecast if your neighbor can easily make the same super accurate forecast? What everyone has is worth nothing.

Microsoft bought the technology from OpenAI for $10B and it already implemented it into Microsoft Teams.

That means that millions of people already have access to a powerful AI, and they can use it for predicting anything they want really.

Also, just having access to something doesn't mean people will use it.

For example, information is available for free but many people don't read it.

Also, for example many people know how to work out, make money, and eat healthy, but most people are fat and poor.

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February 04, 2023, 08:49:31 AM
 #307

True, but this means this is a race, by the time everyone gets access to an AI like that either the sportbooks find a way to adapt or they simply close their doors, but until that day comes anyone interested in the topic has the chance of developing an AI which can do this and have a huge advantage over any other player out there.

So it makes sense for anyone with the right knowledge to attempt to create an AI like that and obtain massive benefits to themselves.
And when they get an AI suitable for sports betting, they will start spreading it to many gamblers to see if the AI they have can be useful or still needs further development. The data collection process may help gamblers shorten their data search time to place their bets at the casino immediately. And there is a possibility that casinos that do not have large balances can close their places of business because many gamblers can win bets using AI. If this happens, casinos must really pay attention to how to adapt to AI technology so that it doesn't make them close their business.

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February 04, 2023, 09:22:14 AM
 #308

~snip~
Ordinary people will never have access to an AI that is truly superior to other predictive tools. Obviously, such AI will be an expensive tool available to large companies. Once the technology becomes more widespread, there will be no point in using it - what's the point of making a super accurate forecast if your neighbor can easily make the same super accurate forecast? What everyone has is worth nothing.

Microsoft bought the technology from OpenAI for $10B and it already implemented it into Microsoft Teams.

That means that millions of people already have access to a powerful AI, and they can use it for predicting anything they want really.

Also, just having access to something doesn't mean people will use it.

For example, information is available for free but many people don't read it.

Also, for example many people know how to work out, make money, and eat healthy, but most people are fat and poor.
Microsoft's purchase of OpenAI technology is a significant turning point for the AI sector and will make its cutting-edge capabilities available to millions of consumers. However, as you pointed out, even having access does not necessarily ensure utilization. This is shown by the fact that despite free knowledge and information being easily accessible online, many individuals still choose to disregard it.

But I believe we could see a different result in the instance of Microsoft Teams and its combination with OpenAI technology. The reason for this is because whether we utilize AI for personal or professional purposes, it has already been so ingrained in our everyday lives. Additionally, the fact that Microsoft Teams is a popular platform for remote work and collaboration suggests that having AI features integrated in may improve its popularity among users.

AI may undoubtedly play a significant part in streamlining procedures and increasing efficiency, which are two things that organizations are always seeking to do. Teams might automate certain processes to save time and leverage the AI technology for insights and forecasts. I believe that as time goes on, more and more organizations and people will embrace AI and use its powers.

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February 04, 2023, 01:18:06 PM
 #309

ChatGPT is all the rage at the moment. I’ve seen that people are asking it to predict sporting events. Would you leave gambling decisions up to artificial intelligence? Do you see any potential drawbacks for outsourcing your bets to a software program? Has anyone here tried this yet? Do we need someone to put together a thread of ChatGPT predictions to see how accurate they are?  Any other thoughts?

There are companies out there who specialise in this sort of thing, but unless the ai has up to the minute inputs of news (like the top striker in a football team got injured the day before the match) then it'd not going to be especially effective. It is only as useful as the data it's been fed. Otherwise you might as well just gather statistics and come to more up to date conclusions based on relevant data.

According to what I have seen of Chat, GPT cannot predict events, its programming indicates it, however the company that is developing it is creating a new version, I imagine that it is improved and that it has more options, what intrigues me is if You can make predictions, if this is the case it would cause people to go crazy, because games of chance and sports will be something that will give them a lot of use, for the good of many things, I think that you will not be able to make predictions, but in the same way everything is a beta version, if they are working on this new update I think they will be able to do it until 2022, since it has information until 2021.

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February 04, 2023, 01:45:26 PM
 #310

According to what I have seen of Chat, GPT cannot predict events, its programming indicates it, however the company that is developing it is creating a new version, I imagine that it is improved and that it has more options, what intrigues me is if You can make predictions, if this is the case it would cause people to go crazy, because games of chance and sports will be something that will give them a lot of use, for the good of many things, I think that you will not be able to make predictions,

This AI will obviously develop a prediction feature in the future since it’s natural language processor. It can be feed by a lot of data from the sports event and it can give a prediction based on the team stats. There’s no guarantee it will give you an accurate prediction but you can assure that it’s prediction is based on the statistics which bookmaker is using to provide odds on the sportsbook. This AI prediction is the best to spot error odds given by bookmaker since AI will never missed the analysis of data feed on it unlike bookmaker that doing the odds analysis based on the programmer setup.

but in the same way everything is a beta version, if they are working on this new update I think they will be able to do it until 2022, since it has information until 2021.

I believe you messed up on the year here bro. It’s already 2023. I believe only the accuracy is what being upgrade on the current version since the AI works properly with the basic Q&A when it was feed by data. I think it’s ability to browse the web to search for data and determine what’s fact and hoax is the main challenge for the developers on this current version.

Nevertheless, ChatGPT will not do magic for sportbook industry since it will just give the same pick which bookmaker marked as high potential winner. Also I’m sure sportsbook industry will be close incase an AI can really predict an accurate outcome since casino will not gonna let players bankrupt them.

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February 04, 2023, 05:30:14 PM
 #311

ChatGPT is all the rage at the moment. I’ve seen that people are asking it to predict sporting events. Would you leave gambling decisions up to artificial intelligence? Do you see any potential drawbacks for outsourcing your bets to a software program? Has anyone here tried this yet? Do we need someone to put together a thread of ChatGPT predictions to see how accurate they are?  Any other thoughts?

There are companies out there who specialise in this sort of thing, but unless the ai has up to the minute inputs of news (like the top striker in a football team got injured the day before the match) then it'd not going to be especially effective. It is only as useful as the data it's been fed. Otherwise you might as well just gather statistics and come to more up to date conclusions based on relevant data.

According to what I have seen of Chat, GPT cannot predict events, its programming indicates it, however the company that is developing it is creating a new version, I imagine that it is improved and that it has more options, what intrigues me is if You can make predictions, if this is the case it would cause people to go crazy, because games of chance and sports will be something that will give them a lot of use, for the good of many things, I think that you will not be able to make predictions, but in the same way everything is a beta version, if they are working on this new update I think they will be able to do it until 2022, since it has information until 2021.


Interesting, it may give good advantages but the fact remains that gambling is a game of chances, if luck will not be at your side even you collect all the data and the information was accurate, if luck is not in your side chance of losing is still possible, there's no guarantee that AI can accurately predict to possible outcome of the game, it will still rely with the information that will be supply and it will try to calculate the possibilities and potential but regarding to actual outcome, it can only be concluded once the game already end up and the results already been announced.

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February 04, 2023, 07:19:47 PM
 #312

No matter how accurate the predictions of the artificial intelligence (AI) might be,I will never leave Betting of my games son by an artificial intelligence but I will rather get some scope from them and also do my own research.
But I've heard of situations where people leave their bets to artificial intelligence and are doing massively great in it. But frankly speaking, I really don't see myself in this kind of situation leaving my bettings to an AI and I will rather do copy gambling over this kind of situation.

To be honest even I never tried this technology. according to several sources that I have read, Al technology can work efficiently and quickly. help humans to employ them and their productivity will increase. in essence, Al is designed to help and be of great benefit to humans. but in fact, if a gambler bets using the prediction of artificial intelligence "Al". I can't believe it will be so accurate. The reason is, in sports betting, especially football, there are no exact predictions or calculations like mathematics. that is, football cannot be predicted very accurately even though it is assisted by artificial intelligence technology.
and if there is artificial intelligence technology that can accurately predict a match, then betting is no longer fun, especially in the sports game itself.

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February 04, 2023, 07:40:30 PM
 #313

No matter how accurate the predictions of the artificial intelligence (AI) might be,I will never leave Betting of my games son by an artificial intelligence but I will rather get some scope from them and also do my own research.
But I've heard of situations where people leave their bets to artificial intelligence and are doing massively great in it. But frankly speaking, I really don't see myself in this kind of situation leaving my bettings to an AI and I will rather do copy gambling over this kind of situation.

If you're the type that bets just because of the money then you might want to consider using AI to reduce your work and also to give you a good analysis of the game. But, if you're there because of fun then AI should even come close to your mind at all because using chatGPT to predict will only make it boring and it removes all the fun in it.

I'm not saying one should just depend solely on chatGPT for predictions but I think if eventually it's able to give good predictions then it's worth considering. Although I haven't tried it before and I don't think I will trying it anytime soon.

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February 04, 2023, 08:45:09 PM
 #314

Ordinary people will never have access to an AI that is truly superior to other predictive tools. Obviously, such AI will be an expensive tool available to large companies. Once the technology becomes more widespread, there will be no point in using it - what's the point of making a super accurate forecast if your neighbor can easily make the same super accurate forecast? What everyone has is worth nothing.

indeed! when that happens, i don't think there will be bookies to place your bet with. because before the bettors will take advantage of this tech, bookies already know about its existence and they won't permit to pay big winnings owed to AI. they will just shut down their operations and look for another profitable business. i don't think they are dumb to allow this scenario to happen. they are here for profits not bankruptcy.

There is another way: bookmakers will simply increase their margin. Now it is 4-6% for most sports betting, but they may well increase it to 7-10%. What is the use of a super forecast from AI that is 2% more accurate than all others if the bookmaker's margin still covers this figure? Therefore, it will not come to the closure of the business, but undoubtedly the industry is waiting for change (however, like other businesses).

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February 04, 2023, 09:02:51 PM
 #315

Microsoft's purchase of OpenAI technology is a significant turning point for the AI sector and will make its cutting-edge capabilities available to millions of consumers. However, as you pointed out, even having access does not necessarily ensure utilization. This is shown by the fact that despite free knowledge and information being easily accessible online, many individuals still choose to disregard it.

But I believe we could see a different result in the instance of Microsoft Teams and its combination with OpenAI technology. The reason for this is because whether we utilize AI for personal or professional purposes, it has already been so ingrained in our everyday lives. Additionally, the fact that Microsoft Teams is a popular platform for remote work and collaboration suggests that having AI features integrated in may improve its popularity among users.

AI may undoubtedly play a significant part in streamlining procedures and increasing efficiency, which are two things that organizations are always seeking to do. Teams might automate certain processes to save time and leverage the AI technology for insights and forecasts. I believe that as time goes on, more and more organizations and people will embrace AI and use its powers.
Something like a google, but for openAI chatgpt could be actually pretty decent. Normally we get results from websites, but in this case we could have some AI helping us with all our questions and even though it could be wrong and give a wrong answer, I believe that it could definitely be a good way to use it instead of google because google shows results which could also very well be a lie as well, let alone be wrong.

Microsoft taking over openai will make sure that its a customer product, but being that much available to over a billion people could result with people having access to it enough to tweak the codes to build a gambling bot that could be superior than others.
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February 05, 2023, 11:41:16 AM
 #316

I really don't think I will leave my bets to an artificial intelligence to do my sourcing for me and I will rather do copy gambling rather than leave my bets to artificial intelligence to do them for me .
I'm not even condemning people who do so because I believe there are people who do so and are doing relatively very well in it without much stress and hassle and people like that will tell you so much about letting artificial intelligence do the work for them. In general, I will never leave my bets to an artificial intelligence to do my sourcing for me.

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February 05, 2023, 03:27:46 PM
 #317

I really don't think I will leave my bets to an artificial intelligence to do my sourcing for me and I will rather do copy gambling rather than leave my bets to artificial intelligence to do them for me .
I'm not even condemning people who do so because I believe there are people who do so and are doing relatively very well in it without much stress and hassle and people like that will tell you so much about letting artificial intelligence do the work for them. In general, I will never leave my bets to an artificial intelligence to do my sourcing for me.
It would be better if that person could look for other sources of information from elsewhere so that the information from AI and the sources of information we find can support our analysis and we can choose the right team. This will give us more information, especially if AI technology can find different information sources than we find. We also don't know if anyone has invented AI technology like that or if further research is needed. Still, we can wait until there are newer announcements from developers working with AI technology.
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February 05, 2023, 04:29:18 PM
 #318

I really don't think I will leave my bets to an artificial intelligence to do my sourcing for me and I will rather do copy gambling rather than leave my bets to artificial intelligence to do them for me .
I'm not even condemning people who do so because I believe there are people who do so and are doing relatively very well in it without much stress and hassle and people like that will tell you so much about letting artificial intelligence do the work for them. In general, I will never leave my bets to an artificial intelligence to do my sourcing for me.

I would never say never if I were you) AI is the future and every day this technology will penetrate deeper and deeper into all areas of our lives. It seems to me that within a few years many bettors will stop wasting time on their own analysis of upcoming matches if AI can easily gather this information for them from public sources in minutes and simulate all the possible outcomes of the game, calculate the probability of one or another outcome of the match. In my opinion, there is no getting away from this, because this is the next stage in the development of technology.

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February 05, 2023, 06:16:01 PM
 #319

Microsoft's purchase of OpenAI technology is a significant turning point for the AI sector and will make its cutting-edge capabilities available to millions of consumers. However, as you pointed out, even having access does not necessarily ensure utilization. This is shown by the fact that despite free knowledge and information being easily accessible online, many individuals still choose to disregard it.

But I believe we could see a different result in the instance of Microsoft Teams and its combination with OpenAI technology. The reason for this is because whether we utilize AI for personal or professional purposes, it has already been so ingrained in our everyday lives. Additionally, the fact that Microsoft Teams is a popular platform for remote work and collaboration suggests that having AI features integrated in may improve its popularity among users.

AI may undoubtedly play a significant part in streamlining procedures and increasing efficiency, which are two things that organizations are always seeking to do. Teams might automate certain processes to save time and leverage the AI technology for insights and forecasts. I believe that as time goes on, more and more organizations and people will embrace AI and use its powers.
Something like a google, but for openAI chatgpt could be actually pretty decent. Normally we get results from websites, but in this case we could have some AI helping us with all our questions and even though it could be wrong and give a wrong answer, I believe that it could definitely be a good way to use it instead of google because google shows results which could also very well be a lie as well, let alone be wrong.

Microsoft taking over openai will make sure that its a customer product, but being that much available to over a billion people could result with people having access to it enough to tweak the codes to build a gambling bot that could be superior than others.
As you pointed out, there is a legitimate worry concerning the precision of the responses given by the AI. Although it is true that Google search results might sometimes be deceptive, at least there are several sources to check against and validate the facts. It's crucial to think about the possibility of bias and inaccuracy in the answers given by a single AI source.

Undoubtedly a fascinating development, Microsoft acquiring OpenAI. It's likely to have greater exposure and public acceptance as a consumer product as it will be more widely available. The platform's accessibility to a billion users, though, might potentially have some negative effects, as you pointed out. In order to develop a gambling bot that has an edge over other players, for instance, anyone may be able to modify the coding.

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February 05, 2023, 07:37:46 PM
 #320

I really don't think I will leave my bets to an artificial intelligence to do my sourcing for me and I will rather do copy gambling rather than leave my bets to artificial intelligence to do them for me .
I'm not even condemning people who do so because I believe there are people who do so and are doing relatively very well in it without much stress and hassle and people like that will tell you so much about letting artificial intelligence do the work for them. In general, I will never leave my bets to an artificial intelligence to do my sourcing for me.
It would be better if that person could look for other sources of information from elsewhere so that the information from AI and the sources of information we find can support our analysis and we can choose the right team. This will give us more information, especially if AI technology can find different information sources than we find. We also don't know if anyone has invented AI technology like that or if further research is needed. Still, we can wait until there are newer announcements from developers working with AI technology.

We can only speculate and assume that AI can perform things like that, it's possible that updates can provide more detailed information about the event that will take place, but still there are factors that can't be accurately be predicted just by using data that AI will able to collect and provide, there are factors outside that data that may affect the outcome of the game.

injuries and all those human errors can't be added if things happened during the game.

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