How Technology is Changing Sports Betting

[Slow death]

the last time I made my post on this subject I spoke about something similar that I will talk about today, in the last few days I have seen many people talking a lot about the great revolution that AI is bringing, even here in the forum I have already seen some threads talking about the possibility of AI to predict the results of games, although it would be tempting just to imagine this possibility because it would make everyone earn a lot of money with the predictions made by the AI, that's why I ask: if one day there was an AI capable of predicting the result of any game, so would any bookmaker exist? probably wouldn't exist because everyone would make money because they would get all the predictions right and I also wonder how the teams would have the courage to go play

being that the AI would predict the result even before the teams play? so when you look at that side you realize that AI does not have and will not have the power to see the future, the predictions made by AI if there is in the future something capable of making predictions of sports games then this one is going to make a lot of mistakes and will have some successes, You won't always be able to get hits, so it won't be much better than people like some wanting to force appear. so I don't see why some people keep talking about AI as if it were something that would revolutionize the world of sports betting or casinos, especially in this part of game prediction

as if it weren't enough that they're giving a lot of importance to something that doesn't even exist yet, I'm talking about AI capable of predicting the results of games accurately without making mistakes, now they're also adding bitcoin to that list of technologies that have changed sports betting, it's true that thanks to bitcoin we have sports betting and cryptocurrency casinos, but even so I see some exaggeration

[AmoreJaz]

the last time I made my post on this subject I spoke about something similar that I will talk about today, in the last few days I have seen many people talking a lot about the great revolution that AI is bringing, even here in the forum I have already seen some threads talking about the possibility of AI to predict the results of games, although it would be tempting just to imagine this possibility because it would make everyone earn a lot of money with the predictions made by the AI, that's why I ask: if one day there was an AI capable of predicting the result of any game, so would any bookmaker exist? probably wouldn't exist because everyone would make money because they would get all the predictions right and I also wonder how the teams would have the courage to go play

being that the AI would predict the result even before the teams play? so when you look at that side you realize that AI does not have and will not have the power to see the future, the predictions made by AI if there is in the future something capable of making predictions of sports games then this one is going to make a lot of mistakes and will have some successes, You won't always be able to get hits, so it won't be much better than people like some wanting to force appear. so I don't see why some people keep talking about AI as if it were something that would revolutionize the world of sports betting or casinos, especially in this part of game prediction

as if it weren't enough that they're giving a lot of importance to something that doesn't even exist yet, I'm talking about AI capable of predicting the results of games accurately without making mistakes, now they're also adding bitcoin to that list of technologies that have changed sports betting, it's true that thanks to bitcoin we have sports betting and cryptocurrency casinos, but even so I see some exaggeration

AI may be good in prediction but it is based on previous history of the game, and so saying it can accurately predict results is just an exaggeration. they may not consider other factors that can affect the actual game such as sudden change of game tactics by the coach, different lineup, change of weather, unknown injuries and so on. so i won't say, AI can precisely know the outcome of every game because there are blind factors in here.
and do take note, that before AI can truly be exploited in the world of sportsbetting, these bookies already did their due diligence not to get bankrupt by the possible influence of AI in this business.

[Distinctin]

AI may be good in prediction but it is based on previous history of the game, and so saying it can accurately predict results is just an exaggeration.

I don't fully concur with this statement. In my opinion, AI excels at providing information, but when it comes to prediction, its function is based solely on algorithms to offer insights. Even if individuals possess the same comprehension of the information, they might arrive at different predictions. AI lacks the capability to experience emotions or feelings, which makes it unreliable for predicting the inherently unpredictable outcomes of a game.

[Kemarit]

AI may be good in prediction but it is based on previous history of the game, and so saying it can accurately predict results is just an exaggeration.

I don't fully concur with this statement. In my opinion, AI excels at providing information, but when it comes to prediction, its function is based solely on algorithms to offer insights. Even if individuals possess the same comprehension of the information, they might arrive at different predictions. AI lacks the capability to experience emotions or feelings, which makes it unreliable for predicting the inherently unpredictable outcomes of a game.

I think what he meant is just the numbers, the previous history of the game, the scores or results. And maybe through that, AI can generate a prediction without the aid of emotions and that is the big difference between us and this Ai.
Maybe for AI if they look at the historical logs and see that this team is always losing, then it will just continue with the trend and says that it's going to lose next game.
But for us, there could be some upsets in the making, that AI can't see. Like players getting injured before or even during the game that can change the complexion and those underdogs become the favorite now because of such unfortunate cases.

[Distinctin]

AI may be good in prediction but it is based on previous history of the game, and so saying it can accurately predict results is just an exaggeration.

I don't fully concur with this statement. In my opinion, AI excels at providing information, but when it comes to prediction, its function is based solely on algorithms to offer insights. Even if individuals possess the same comprehension of the information, they might arrive at different predictions. AI lacks the capability to experience emotions or feelings, which makes it unreliable for predicting the inherently unpredictable outcomes of a game.

I think what he meant is just the numbers, the previous history of the game, the scores or results. And maybe through that, AI can generate a prediction without the aid of emotions and that is the big difference between us and this Ai.
Maybe for AI if they look at the historical logs and see that this team is always losing, then it will just continue with the trend and says that it's going to lose next game.
But for us, there could be some upsets in the making, that AI can't see. Like players getting injured before or even during the game that can change the complexion and those underdogs become the favorite now because of such unfortunate cases.

I agree with you; there's no problem with accessing the results or the history, as all of that is recorded on the internet or whatever website serves as a source. However, using that information to generate predictions might be beyond the capabilities of an AI. I'm not entirely sure, but I would appreciate it if @AmoreJaz could provide some screenshots of AI-generated predictions to clarify this point.

[Silberman]

Unfortunately for people that vision may never become a reality, an AI is a self-improving algorithm, but it still needs to rely on human inputs in order to learn, unless you could build that module on your own with your coding skills and then feed that information to the AI, so as you can see the development of a AI is still a very complex matter that only a handful of people can manage, and as such it is possible this technology will never be available to the general public.

I wonder if such technology has been found, especially if we look at how AI has developed so far. It may take a few more moments to see how AI can help us find what we want without giving us more information. There will come a time when AI will evolve to be better because humans will never be satisfied in achieving something and will set higher achievement targets than before. So technological developments will make things even better than before in many areas, including gambling.

If it has you can bet that it is a heavily guarded secret, AI algorithms by themselves are no secret as you can find them in any book about the topic in almost any computer language that exist, however the specific settings that make an AI work may not be available as this is information people keep close to their chests in order to keep an advantage over their competitors, however even if at some point creating your own AI was as simple as just pushing a button, you can sure the most powerful AIs will still need some kind of human input in order to increase their performance.