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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)
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December 09, 2022, 04:11:37 AM
Merited by klarki (2), Betwrong (1), swogerino (1)
 #1

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?

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December 09, 2022, 04:21:26 AM
 #2

If it's for betting on classic casino games, the AI won't be able to beat the HE. In other cases, like sports betting, as you say, I imagine it's going to be able to do much better than most people would.

In the poll I answered yes, but as a test, and in view of the results I would decide whether to continue using it.

So I imagine a lot of people are going to start using it.

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December 09, 2022, 05:39:23 AM
 #3

Didn't know that we can use an AI to predict the match. I am not sure how much they have improved the AI but I think at some point that it will be reliable, maybe we can get information in the AI and we can double analyze it to improve the first impression or idea from the AI.

We can't fully rely on the AI yet in my opinion.


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December 09, 2022, 05:57:05 AM
 #4

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?
This sounds like a tempting option until you begin to realize all the effort such a thing would entail, AI algorithms are in many cases very simple but the amount of data you need to feed the model is huge, and even if the algorithm found a way to be profitable you will still need to get all of that data in order to predict the upcoming games.

So this is one of those things that it is easier said than done, but if it could be done then I would expect such an AI to be more accurate than most gamblers.

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December 09, 2022, 06:01:42 AM
 #5

I believe there's no AI that would help us win in gambling, we cannot just solely base on statistics because that will result in a disaster. Successful gamblers based their prediction on different factors and stats alone although a major factor but it's not the main thing that would help them succeed in what they are doing.

Thing is, if one player will miss a game due to injury, that would definitely make the AI inaccurate in its prediction.

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December 09, 2022, 06:04:24 AM
 #6

I'm not going to leave betting decisions to artificial intelligence because I've never used it or seen how it analyzes matches or anything else. As long as I can still find additional information to support my analysis, I will still stick with my usual methods. But with this growing technology, it could happen in the future, especially if artificial intelligence is more advanced than now. But if there is an experiment to try artificial intelligence in a match, I may try it while seeing how it gathers information.

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December 09, 2022, 06:13:38 AM
 #7

If people become successful against the casinos with this tool, then it would be the end for all online casinos. People make mistakes but a perfected AI will not. When this thing gets even smarter, lots of people will lose their jobs. Junior devs, blog posters/article writers, song writers... I have seen this bot writing code based on your description and modifying it according to your requests. I mean wtf is that? It is not only copy/pasting a code from its database, it understands you and makes the modifications you want from it.

I guess we will be needed only to serve other people in restaurants, cafes etc. Even though machines can serve people food and drinks too, we still want to socialize a little bit sometimes.

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December 09, 2022, 06:44:26 AM
 #8

I knew AI's are being used for many things but I was not aware that they can be also used to predict the outcome of any games or results. It is intresting where technology is going and if these kind of Artificial intelligence starts getting correct outcomes then betting would become redundant. I still believe it is hard to beat the human intelligence when critical decision need to be taken and taking critical decision is a part of betting as well as gambling.

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December 09, 2022, 07:05:27 AM
 #9

If it's for betting on classic casino games, the AI won't be able to beat the HE. In other cases, like sports betting, as you say, I imagine it's going to be able to do much better than most people would.

In the poll I answered yes, but as a test, and in view of the results I would decide whether to continue using it.

So I imagine a lot of people are going to start using it.

For sports betting I suppose it would have the edge, presumably it would have access
to all the data about teams, the breakdown of each player and to be able to compile all that
info precisely and quickly to predict an outcome.

The only trouble which I can see for it is the "human element". Humans are unpredictable,
they throw off our bets so it will happen for the AI too.

But yea overall I recon using that ChatGPT would be a useful tool.

R


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December 09, 2022, 07:12:19 AM
 #10

A powerful AI that is being provided with the necessary information can predict football match for instance. If the player ratings of both teams is given to the AI, the availability of players given it, the head to head history given to the AI, the weather condition given to the AI, the importance of the match to both teams given to the AI, I think the AI can make soke good predictions. But I will not leave it 100% without interference.

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December 09, 2022, 07:14:29 AM
 #11

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?
no (i will not entrust one single bet to AI), ChatGPT is amazing, no debate but AI only analyzes a match through history and player conditions but 'ball is ball', wins that occur on the field are really difficult to predict.

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December 09, 2022, 07:19:29 AM
 #12

I voted No on pooling and tried to google about this, betting using AI is not only possible for players but also sportsbooks use it too so that they can predict what bettors will choose, so this will be more profitable for the bookies, and what bettors get from AI is only limited to data so the final result remains in the match itself.

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December 09, 2022, 07:26:00 AM
 #13

I think it's possible for artificial intelligence with AI technology to be used in other fields, for example things that are more important to help other humans.
I would not be interested in using it in gambling let alone putting my money in bets using this technology even though the predictions are accurate 90% or 100% I still use my experience and mind to bet on sports betting gambling

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December 09, 2022, 07:45:42 AM
 #14

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?

I remember that some scientists used an algorithm to predict the winner of the 2022 World Cup. The algorithm predicted that Belgium would reach the final... Yeah, that didn't end well.
Maybe at some point in the future, the AI will become good enough to predict sports events or casino game outcomes. Will this make the gambling industry obsolete? Will the gambling industry adapt and create games, that are harder to predict? Probably yes. Who knows?
I hear about ChatGPT for the first time and I have never used this tool. I don't believe that this tool will be accurate.

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December 09, 2022, 07:55:37 AM
 #15

I'm not going to leave betting decisions to artificial intelligence because I've never used it or seen how it analyzes matches or anything else. As long as I can still find additional information to support my analysis, I will still stick with my usual methods. But with this growing technology, it could happen in the future, especially if artificial intelligence is more advanced than now. But if there is an experiment to try artificial intelligence in a match, I may try it while seeing how it gathers information.
I’m not sure how it’ll work although it can be reliable in identifying problem gamblers but when it comes to a match, I can see it may never be sustainable. So just like you, I’ll stick with what I believe that will work on me. I cannot compromise my own money just by relying alone on AI, I have to find more reliable datas for my analysis and predictions. But yes, maybe in the future it can be possible as high technologies can somehow be reliable even if it’s not completely accurate.

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December 09, 2022, 09:14:04 AM
 #16

I've recently heard of it, mainly from StackOverflow banning its usage iirc. I tried and tested it after seeing this though and said some random matchups from the world cup, the AI just answered me that it was impossible to predict the outcome since it's based on various factors, and I'm glad it actually knows.

Maybe in the future, we'd be able to see an AI actually analyze matchup histories, quantity player stats and skills and make decisions based on that, but that might be pretty far off in the future, especially if we consider how quantifying player statistics may be impossible or fully accurate since, well, that requires specialized testing.

R


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December 09, 2022, 10:12:53 AM
 #17

Not sure if we should rely to AI though, it has limited knowledge, like what I got when I ask him about a NBA games

"I'm sorry, but I am not able to browse the internet or access current information about sports games. I am a large language model trained by OpenAI and my knowledge is based on the text that I have been trained on, which has a fixed cutoff date. I am not able to provide up-to-date information or make predictions about current events. Is there something else I can help you with?"


So I guess we shouldn't depend on ask it a question to predict outcomes. There are a lot of factors to look at before making a prediction. And I don't think that it was designed to do it. Although we love AI and how it will be useful in the future, but there are things that we humans can only answer with your brain.

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December 09, 2022, 10:16:23 AM
 #18

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?

I know and I am seeing all around Linkedin that everybody in the tech where I also work is talking about this so I will also say my two cents for the meter.

Will ChatGPT be more intelligent and work harder than me? No
Will ChatGPT be more cautious about events like driving than me? Probably No
Will ChatGPT be a good content writer? Yes most probably
Will ChatGPT be a good predictor for betting events ? I don't think so

The reason I don't believe it can be a good predictor is that I doubt it can also calculate the influence a referee has on a football game and thus making this tool not work.

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December 09, 2022, 10:49:15 AM
 #19

I voted no in the poll, it's too early to have a AI generated that can predict the outcome of any sports.

It might take some years though before it can be developed, nevertheless, who will feed them with information, right still us humans. So probably they are good at analyzing the data being feedback to them, sort of the AI that has been developed for chess. So possible scenario already laid out by the AI in his 'brain', and then probably making his decision or prediction based on that.

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December 09, 2022, 10:58:43 AM
 #20

Most of the time I've seen only regarding with the automatic bet only but regarding with the prediction which teams will win the game does not seems yet and also sports betting is not too much predictable unless there's an algorithm made about the statistics of the team of and the possible ratio of the winning or the odds to win the game but it's a sports game might be a game changer in a single mistake.

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