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Author Topic: Predicting Sports Betting Future Trends and Technologies  (Read 198 times)
Eureka_07
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June 30, 2023, 06:50:40 PM
 #21

<snip>
Esports is currently a trend, right? In my opinion, traditional forms of betting, such as horse racing, won't be easily replaced. People still have an interest in these sports, although it has declined since the rise of other categories in online gambling.

On the other hand, I like the idea of blockchain gambling, but only if it is completely decentralized.

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June 30, 2023, 08:18:54 PM
 #22

Of the four this is the one that I found interesting, this is still speculative AI is proven to work in other industries but in gambling, it is not yet proven and the study is still ongoing, It still works on probability and analysis just like human behavior, it will never take into account upsets and under unavoidable circumstances but let's see if it gets good results then it will become popular among players.

I'm not so sure. it seems like AI has shown some promising results in different industries, including gambling. Although it's still an ongoing study and experimentation (like with any new tech), AI's knack for analyzing probabilities and patterns could bring in fresh perspectives and possibilities, ultimately enhancing decision-making processes. Sooner or later, it's likely to find its way into the gambling industry, if it hasn't already. However, the first ones benefiting from this new technology are probably the casinos themselves. All those odds makers still heavily rely on manual labor, like inputting stats, monitoring match progress, and crunching numbers for odds based on past results and stats. It's a whole bunch of human work that takes up loads of time. But there's no doubt that AI algorithms will take over most of that work someday.

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July 01, 2023, 10:06:30 AM
 #23

Of the four this is the one that I found interesting, this is still speculative AI is proven to work in other industries but in gambling, it is not yet proven and the study is still ongoing, It still works on probability and analysis just like human behavior, it will never take into account upsets and under unavoidable circumstances but let's see if it gets good results then it will become popular among players.

I'm not so sure. it seems like AI has shown some promising results in different industries, including gambling. Although it's still an ongoing study and experimentation (like with any new tech), AI's knack for analyzing probabilities and patterns could bring in fresh perspectives and possibilities, ultimately enhancing decision-making processes. Sooner or later, it's likely to find its way into the gambling industry, if it hasn't already. However, the first ones benefiting from this new technology are probably the casinos themselves. All those odds makers still heavily rely on manual labor, like inputting stats, monitoring match progress, and crunching numbers for odds based on past results and stats. It's a whole bunch of human work that takes up loads of time. But there's no doubt that AI algorithms will take over most of that work someday.

Your conviction in AI's role within gambling's world is well-founded, yet I offer an alternate perspective. AI brings perks, automating labor-intensive odds setting, pattern analysis, no doubt optimizing these tasks. But let's ponder: at what expense? In your narrative, this aspect is somewhat MIA. AI could automate, yes, but aren't we then booting numerous jobs off the sector? Could AI's introduction tilt the odds further in casinos' favor, compromising fair play? Also, ethical concerns mustn't be sidelined. If casinos use AI to game player behavior, aren't we breaching their privacy rights and fair game assurance? So, your argument is not without merit, but the holistic implications of AI's infiltration into gambling warrant deeper consideration.

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July 01, 2023, 12:34:58 PM
 #24

Your conviction in AI's role within gambling's world is well-founded, yet I offer an alternate perspective. AI brings perks, automating labor-intensive odds setting, pattern analysis, no doubt optimizing these tasks. But let's ponder: at what expense? In your narrative, this aspect is somewhat MIA. AI could automate, yes, but aren't we then booting numerous jobs off the sector? Could AI's introduction tilt the odds further in casinos' favor, compromising fair play? Also, ethical concerns mustn't be sidelined. If casinos use AI to game player behavior, aren't we breaching their privacy rights and fair game assurance? So, your argument is not without merit, but the holistic implications of AI's infiltration into gambling warrant deeper consideration.

Totally agree! AI is gonna shake things up big time in many industries, and the job market's gonna feel the impact for sure. But ya know, it ain't just a simple "AI taking over all the jobs" kinda deal. I'm actually pretty optimistic about it. 'Cause along with the disruption, AI's gonna open up new doors and create job opportunities we can't even wrap our heads around right now. It's gonna be a wild ride, but I think we'll figure it out and adapt in ways we never thought possible!

Now, when it comes to AI in gambling, who knows what's already going on behind the scenes? The gambling industry is huge, and it's no surprise they're diving into AI and machine learning. Some casinos are already getting pretty high-tech. They've got facial recognition software to catch any cheaters and keep tabs on how long folks spend on those slot machines.

So yeah, AI is definitely making its way into the gambling world. It's all part of the ongoing technological advancements we're seeing. Who knows what other stuff they'll come up with next?

R


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July 01, 2023, 01:12:47 PM
 #25

Like horse racing, eSports matches take place every day and close to 24 hours a day. Unlike horse racing, animals aren’t involved, which means there is no cruelty aspect to Esports.


It's true that esports is growing a lot, especially during the pandemic and the lock downs we saw a large number of people to start gaming more regularly. With new games coming out each month there is a huge market for developers, and organizing tournaments is a great way to try and keep your game relevant. Just look at how old Dota 2 is and still with help of Valve it has the biggest online tournaments in the world. Just winning one of these tournaments is life changing for the players and makes up for the thousands hours put into the game. But with the rise of esports it's also harder to stay on top of the various. Just because there are games every day we can bet money on, doesn't mean we should actually do so. There is a lot of money to be made with online betting, as long as we some advantage. At least for me it's best to stick to two popular games, mainly Dota2 and CSGO and focus the big games there. With so many different opportunities to bet on I am afraid to lose focus and bet without any advantages.
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July 01, 2023, 01:28:06 PM
 #26

<snip>
Esports is currently a trend, right? In my opinion, traditional forms of betting, such as horse racing, won't be easily replaced. People still have an interest in these sports, although it has declined since the rise of other categories in online gambling.

On the other hand, I like the idea of blockchain gambling, but only if it is completely decentralized.
Traditional games can't be replaced easily, in my place that horse racing are still popular though some might see this not interesting at all but those gamblers who used to play this one can't easily leave the horse betting. The rise of the online gambling is high as well and as we continue to grow when it comes to technology, for sure they will introduce a new platform and that can be integrated with blockchain technology. The idea is great, but traditional will stay you like it or not.
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July 01, 2023, 03:55:56 PM
 #27

nowadays talking about anonymity is an illusion, even for a person to be able to buy bitcoin is a big headache, the person first needs to open a bank account in their country, for that they will need to go through a very strict kyc, after that the person will have to create an account on an exchange where they will have to go through kyc, but different from the rigid kyc of the bank in that person's country, on the exchange that person will have to have a passport, so if the person didn't have a passport they will have to go get treatment passport, which also require documents and money. once with a passport, the person fara kyc in the exchange, then buys bitcoin using the bank account

when the person puts a lot of money in the casino he will be asked for kyc, if the person wants to withdraw a lot of money in the casino he will have to do kyc, so OP forget anonymity, these things no longer exist in this market. about the AI, it doesn't predict the future so we can't praise the AI too much, in my opinion each person needs to do their own research to place bets, you can't trust third parties, the best thing is for the person to analyze it for himself the game is a bet, this makes the person gain experience and manage to improve more and more. but when the person depends on other people, then the person will not be able to place sports bets alone

Sooner the harder it would be to buy BTC when everyone will be using CBDC. Transactions are all recorded and SEC wants to have access to the exchanges data. In fact, this is what they refer to when they said the Spot ETF of Blackrock application was inadequate. The SEC wants to monitor all from banks, to the order books of the exchanges.

It's also a big leap for Esport since the new generation is up to betting on such sports. Anyone today can participate in esport as long as they have access to the internet.

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July 02, 2023, 05:05:32 PM
 #28

<snip>
Esports is currently a trend, right? In my opinion, traditional forms of betting, such as horse racing, won't be easily replaced. People still have an interest in these sports, although it has declined since the rise of other categories in online gambling.

On the other hand, I like the idea of blockchain gambling, but only if it is completely decentralized.
To be honest, horse racing is not really that popular worldwide, it is played in some specific countries and only a specific group of countries like the sport and also bet on it, on the other hand, eSports is a global trend, almost every single country has it and people from all around the world like eSports and the games and the players playing those games, so the craze for eSports is already higher than horse racing or any traditional sport of that nature.

So even though it doesn't necessarily have to replace horse racing or any other traditional sports, eSports is creating its place at the top along with football/soccer which is the most popular game when it comes to sports betting because of the craze people have for the game.

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