Using AI for betting predictions

[decodx]

<...>
It is even crazy to think and know that there were people who are really that even believing and they do ask AI on whats the next movement market of Bitcoin
and other altcoins. hahaha. There's no such thing on this world that could really be able to predict on what would gonna happen in the future and this is why
it would be always better that you should really be not relying yourself into these things.

Yeah, good point.  It's pretty ridiculous to think some AI bot can foresee what Bitcoin or other cryptos are gonna do.  I guess maybe as a game to guess the future, but folks trusting it to guide investments probably ain't smart.  Same thing with sports - no computer program can reliably call winners and losers.

It's only better to ask a friend rather than asking ChatGPT. From what I have heard, it doesn't even have the latest database of information (only till 2021), if I'm not WRONG.

Well, it really depends on which AI language model you use.  ChatGPT ain't the only game in town anymore.  Nowadays there's all kinds of options out there - GPT-4, Google's new Bard thats supposed to be better at context, and specialized bots too.  They all got their own strengths and shortcomings. 

[livingfree]

That is because AIs can tell things that "might" happen based on the data that it gathers but it cannot accurately say what's actually will be the result.

For this, you ask an AI about the future price of Bitcoin and it's going to decline any prediction. And the same goes for betting, it's a future result that don't have accurate details on it.

So, if you guys are smart enough, these AIs are also smart to say that they can't predict 100% with sports betting results.

This AI is very. I believe it can predict some games in gambling accurately, Like weather forecasts. Thanks to modern machines, we can know in advance. AI is increasingly developing. Big companies are investing in it. It is just in the process of incomplete experiments. One day, when AI is perfect, I think it will make gambling more accessible.
Of course, Al can base on the Bitcoin Halving of previous years and calculate the future price of Bitcoin, which will be more accurate than we estimate. I agree that it can be calculated accurately, but we humans are the ones who will physically impact the final result. Just like gambling, if we guess correctly in that gambling game, But the casino example has cheated in this and turned the truth upside down. Then we still lose.

I think it's a different thing with weather forecasting. While the moves of the weather are predictable based on the radar that we have and equipment that are specific of it.

It's totally different when we're comparing it to the sports results because they're entirely unpredictable. You'll never know who's going to get injured during the actual game and who's in or out.

While you're mentioning about the potential of AI and we all knew about it but I just sense that you're saying totally different thing from the actual topic.

[Dr.Bitcoin_Strange]

Should AI be relied on for sport betting predictions?

AI should only be relied on in gambling if it actually produces a better result than human prediction, but if it doesn't, then there's obviously no need to use it. I have been relaying on my personal prediction since I started gambling; to date, it's even more difficult for me to relay on some of these online gambling telegrams or other social media channels that happen to offer some kind of paid prediction game. Although I saw one on Twitter that theirs seemed legit, I don't actually relay on it.

[qwertyup23]

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?

I am a believer that AI bots should be used as a supporting tool for predictions in sports betting. But, relying on it completely can be also risky, especially if a person does not know anything about the said sports.

Like what I have mentioned before, AIs were created in order to make our life easier. Since they can comply data, store information, and rely on statistics, they can be used as a tool in order to support a person in making his decision on which sports to bet on. But if you rely on it completely, it becomes potentially dangerous especially if you based everything on what they have said.

At the end of the day, a person's knowledge is still superior to that of AI. That is the reason on why using it as a tool can be beneficial rather than as an answer.

[Bananington]

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?

I am a believer that AI bots should be used as a supporting tool for predictions in sports betting. But, relying on it completely can be also risky, especially if a person does not know anything about the said sports.

Like what I have mentioned before, AIs were created in order to make our life easier. Since they can comply data, store information, and rely on statistics, they can be used as a tool in order to support a person in making his decision on which sports to bet on. But if you rely on it completely, it becomes potentially dangerous especially if you based everything on what they have said.

At the end of the day, a person's knowledge is still superior to that of AI. That is the reason on why using it as a tool can be beneficial rather than as an answer.

Using Ai as a tool is very commendable and it may do more than help one predict and win during trading and even sports betting.
AI is the future of the forth coming generation and an early grasp of how it functions and operates  would make one a superior earner in every context where it is applicable.

[Westinhome]

Using Ai as a tool is very commendable and it may do more than help one predict and win during trading and even sports betting.
AI is the future of the forth coming generation and an early grasp of how it functions and operates  would make one a superior earner in every context where it is applicable.

Actually it will be seems that the most easy for win,but the fact is it’s not easy as you think.If the gambling bet was matched with the bot or AI,everyone will purchase that bet to play the game.So it leads to million of people as the millionaire.So it’s not possible one,As he said only 30 percent of the results can be identified using the AI.So their are huge possibilities for loss.Instead you can do the best thing of betting using your own knowledge.The random bet will be the wrong one,many people loss even the millions of dollars by the random bet in the gambling site.If the gamblers get the good option of win,he should avoid of random bet.

[Chikito]

Should AI be relied on for sport betting predictions?

We often discuss AI with gambling many time, and the answer is NO.
because AI is still human-made and programmed according to the creator's wishes.
So If the creator is really smart, why he doesn't play directly and get rich just by playing and betting himself?. I think his victory before was just a coincidence, just look what happen after, your friend always got lost and lost. This mean, the AI don't help you to win your bet. You have to be realistic if gambling only made for human not for robot.

[ethereumhunter]

The only reason why people would prefer to us AI to predict their games is simply because AI is believed to be equiped with the skill of analysis, so what a human can analyse, an AI has the ability to offer even more accurate analysis. But like we already know, gambling ain't just about skill alone, skill is needed but luck and chances plays the major role towards ensuring a successful gambling. So even if you let AI help you predict the matches, it's still not a guarantee that it'll be exactly as predicted

That could be the reason given by people who have tried using AI, but it seems like AI still needs more development so that it can provide more information or more accurate analysis. And it is true what you said that in gambling, we need luck which will help us to win. But we should only rely a little on AI's ability to analyze because after all, we need skills to be able to analyze matches so that we can also improve those skills. It would be better if we had better analytical skills than now so that when AI cannot be used, we can still analyze the match with the abilities we have. We will not miss any match because we have analytical skills.

[temple]

Should AI be relied on for sport betting predictions?

We often discuss AI with gambling many time, and the answer is NO.
because AI is still human-made and programmed according to the creator's wishes.
So If the creator is really smart, why he doesn't play directly and get rich just by playing and betting himself?. I think his victory before was just a coincidence, just look what happen after, your friend always got lost and lost. This mean, the AI don't help you to win your bet. You have to be realistic if gambling only made for human not for robot.

I think you are giving the answer to a problem that could soon be solved as AI progresses. We are approaching an epoch of artificial intelligence that will be be able to self-improve and by then it would be interesting to see how AI can be good at calculating odds itself and beat human beings in betting. At the moment the data is still fed into the algorithms and dependent more on what we as human beings think. But again, soon it will be able to think itself. But the problem then will still be that everyone has access, including the bookmakers. When bookmakers are using the same AI and do some adjustments to get a house edge included, how would anyone benefit from it? It will still be a luck based game and would rather lead to bookmakers shut down the business if they can't calculate an edge into the odds anymore.

[bitbollo]

I tried to use free services but every time they told me that they didn't carry out this type of activity...
Of course Just for sake of curiosity.
I am not sure actually there Is any reliable system that can outperform a gambling platform.
But I am pretty sure something like this could be created and in the past some "big" gamblers have been able to create such predictive model.

[Kavelj22]

The thing that must be avoided is never to gamble using this technology, which in my opinion is a waste because it will not fully help us win sports bets, AI cannot be completely relied on to fulfill our desires in gambling. just use the usual method used before to predict sports betting.  

I do not see anything preventing the use of artificial intelligence tools to study probabilities according to statistics and results of previous matches.  I am not saying that these methods should be relied upon with complete confidence, but rather they can be used partially as an aid and never as a strategy.

This is very similar to the use of trading bots, which are not enough to be programmed to work efficiently, but rather require constant monitoring due to the volatility of market movement.  Artificial intelligence tools are capable of analyzing data according to settings that are difficult for the human mind to comprehend all together, but it remains unable to derive accurate results, which is almost impossible.

[Japinat]

I tried to use free services but every time they told me that they didn't carry out this type of activity...
Of course Just for sake of curiosity.
I am not sure actually there Is any reliable system that can outperform a gambling platform.
But I am pretty sure something like this could be created and in the past some "big" gamblers have been able to create such predictive model.

I don't believe there's anyone who has successfully created a tool that guarantees easy wins in gambling. When we discuss gambling prediction tools, I assume we're referring to skill-based games, as luck-based games inherently have a house edge that no tools can consistently outperform in the long run.

The reality is, if such tools existed, it would be relatively easy for gamblers to bankrupt a casino. Given the enormous financial stakes involved, it seems unlikely that such tools exist now or will be created in the future.

Even in sports betting, the most popular form of gambling where the outcome of games is involved, if someone were to create a tool that accurately predicts results, making significant money would be seemingly easy. However, despite the vast size of the sports betting industry, there's no evidence of gamblers consistently winning. Therefore, it's safe to presume that no such tool has been developed yet.

[madnessteat]

Should AI be relied on for sport betting predictions?

We often discuss AI with gambling many time, and the answer is NO.
because AI is still human-made and programmed according to the creator's wishes.
So If the creator is really smart, why he doesn't play directly and get rich just by playing and betting himself?. I think his victory before was just a coincidence, just look what happen after, your friend always got lost and lost. This mean, the AI don't help you to win your bet. You have to be realistic if gambling only made for human not for robot.

As we know recently AI has been performing very well in many areas, so we can't rule out AI giving more accurate predictions than a team of analysts. If many famous personalities say that AI is the future, it means that sooner or later it will be used in forecasting. Besides, we cannot know which analytical companies and bookmakers are already using AI in their work. But it seems to me that AI is clearly already being used.

[target]

Should AI be relied on for sport betting predictions?

We often discuss AI with gambling many time, and the answer is NO.
because AI is still human-made and programmed according to the creator's wishes.
So If the creator is really smart, why he doesn't play directly and get rich just by playing and betting himself?. I think his victory before was just a coincidence, just look what happen after, your friend always got lost and lost. This mean, the AI don't help you to win your bet. You have to be realistic if gambling only made for human not for robot.

As we know recently AI has been performing very well in many areas, so we can't rule out AI giving more accurate predictions than a team of analysts. If many famous personalities say that AI is the future, it means that sooner or later it will be used in forecasting. Besides, we cannot know which analytical companies and bookmakers are already using AI in their work. But it seems to me that AI is clearly already being used.

It might even be recommended soon to use AI in everything we do including betting. As of now, chat support reps are even using openAI and this is according to my friend who is a chat support and an ELTS teacher.

There must be some developers by now trying to develop AI for sports prediction. The more this question about AI betting prediction on different websites, the more there is means a lot of demand for it.

[Suzume]

Ai is not trusting in beting sometimes Ai predict it's depends on your luck if luck fevour then you can win but we all know luck doesn't everytime fevour on you. Gambling is a game of skil. Imporove your skil in gambling don't depends on other for gambling. Gambling gambling don't use Al for predict.

[goxcraft]

The thing that must be avoided is never to gamble using this technology, which in my opinion is a waste because it will not fully help us win sports bets, AI cannot be completely relied on to fulfill our desires in gambling. just use the usual method used before to predict sports betting.  

I do not see anything preventing the use of artificial intelligence tools to study probabilities according to statistics and results of previous matches.  I am not saying that these methods should be relied upon with complete confidence, but rather they can be used partially as an aid and never as a strategy.

This is very similar to the use of trading bots, which are not enough to be programmed to work efficiently, but rather require constant monitoring due to the volatility of market movement.  Artificial intelligence tools are capable of analyzing data according to settings that are difficult for the human mind to comprehend all together, but it remains unable to derive accurate results, which is almost impossible.

Yes, AI can be used to narrow down the possibilities. Because in gambling anything can happen. There is just too much factor, variables that has to accounted for. But if we could eliminate these, then predicting the outcome can be much much much easier.

Have you ever used any trading bot? I don't see them as anything useful. Yes they help to analyze the market condition but that's it.

[Saisher]

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?

Your story just proved that AI is not accurate you don't have to try it yourself to see if it works unless you are comfortable losing money, up until now the majority of users have proven that AI's are not accurate and it's used at your own risk.

If you're comfortable with what you are going to lose if you're going to use an AI then have it your way, you will end up still relying on your analysis and prediction because human has a better prediction rate than machines.

[wallet4bitcoin]

It's only better to ask a friend rather than asking ChatGPT. From what I have heard, it doesn't even have the latest database of information (only till 2021), if I'm not WRONG. I don't watch sports that much but my friends does. So whenever it's about a sport betting, I would simply ask a friend to get better insight of the game. Who could be the winner or what could be the chances of certain teams. I think you got what I meant.

From the points gathered thus far, it is indeed not capable of delivering on what systems has speculative-variables.

The dynamics of soccer makes it almost not possible to be perfect in predictions. Stating instances; the performance of a player might not have been updated to the data feed of the AI a few days before the game, this leaves the AI predictions with a blind spot but this has serious implications on the specualtions of the AI, hence, perfection will not be achieved.

Conclusively, AI is best at things whose variables aren't far from expectations and apply formulas to achieve an expected result. Dynamic systems are still areas in which AI will not function optimally.

[aioc]

Should AI be relied on for sport betting predictions?

It's very tempting to use AI for betting because AI's has proven its worth in the industry like writing and drafting, but this is gambling where luck plays a major factor, and no one not even machines can analyze luck, like humans AI can only speculate, they cannot and have no ability to give an accurate prediction, it will still rely on luck, these AI may be good in other industry but we try we cannot use AIs effectively on gambling.

[Accardo]

Should AI be relied on for sport betting predictions?

We often discuss AI with gambling many time, and the answer is NO.
because AI is still human-made and programmed according to the creator's wishes.
So If the creator is really smart, why he doesn't play directly and get rich just by playing and betting himself?. I think his victory before was just a coincidence, just look what happen after, your friend always got lost and lost. This mean, the AI don't help you to win your bet. You have to be realistic if gambling only made for human not for robot.

As we know recently AI has been performing very well in many areas, so we can't rule out AI giving more accurate predictions than a team of analysts. If many famous personalities say that AI is the future, it means that sooner or later it will be used in forecasting. Besides, we cannot know which analytical companies and bookmakers are already using AI in their work. But it seems to me that AI is clearly already being used.

AI is used, doesn't mean AI accurately does the predictions. I don't trust AI as a tool that'll be utilized by experts for forecasting. If not it would have been adopted already. The whole concept of AI is to help humans in performing research and providing a summarized answer. However, they tend to send outputs that seem to be beyond these, yet nothing special about AI other than for research purposes in form of discussions or chat. Which is the main purpose, people use AI for almost every possible questions they've got. It'll be silly to entrust our funds in the hands of AI, in terms of gambling. Sports prediction can be expensive, and it requires due diligent analyses to predict and stake money on games. Else the player will keep on losing money like Op's friend. A gambler who is not proficient enough can easily purchase predicted games from sellers who claim to be experts, than depending on AI. Human brain is far, far better than AI and their development process. The model may not be trained well enough to decide or predict sports results like humans do. And since the results relies on humans, artificial intelligent is quite useless in such matters. Human brain can change thoughts in split seconds, and the game would change immediately. That's why no model or method of predicting games works consistently correct. AI can still get us to win, but it'll be once in a long while.