Why you shouldn’t rely too much on AI in betting

[Bright0515]

People's perception of AI is often quite broad and frustrating, and even negative, because AI isn't the solution for accurate predictions While many prompts might suggest you're on the right track, it's not the best approach. Nothing beats natural intelligence for making predictions, and those who rely on AI for this will simply waste their money.

Relying on AI will definitely make you lose more money, ai is not the solution to get a winning, the best way to win a bet is by making your own predictions based on your analysis then you make your choice based on how to stake the game. Trusting ai predictions fully will make you lose more money, ai predictions is based on the informations they get online, some AI even inform you that trying those predictions is at your own risk so that you can only wager what you can afford to lose.

[Shadiq]

Anyone else experienced this?

AI does not have the ability to feel or make decisions independently like humans. AI makes decisions based on statistics. Even AI does not have the ability to predict, it can only look at previous statistics and make decisions based on them, which is the same for humans. However, humans can make decisions independently, which can also be against statistics. Especially in betting, AI cannot play a significant role, it is wise to trust your own research.

[Aanuoluwatofunmi]

Am yet to see a single player who can be buoyant in claiming how consistent his result has been in playing games and winning with the help of AI, we can decide to make use of AI for other purposes in gambling, but not to rely fully on them on what they could deliver for us in wining a bet more consistently, those that have been trying it cant be sure of what they have gained after several attempts, everything remains the same.

[STT]

AI is definitely inferior to live analysis of the game and players, it cannot possibly recognize the spirt of those playing.  AI could be superior in statistical data analysis and probability calculations possibly, even that would rely on patterns learnt off historical data mostly and this is already available to people.

  The main advantage is convenience and that's my take with AI overall, its unlocking features and utility already there if people invested time and energy but it can deliver results possibly faster then a person could read through manually.

[Smartvirus]

AI is definitely inferior to live analysis of the game and players, it cannot possibly recognize the spirt of those playing.  AI could be superior in statistical data analysis and probability calculations possibly, even that would rely on patterns learnt off historical data mostly and this is already available to people.

That’s one over looked aspect of the use of AI. AI highly relies on data that is being fed to it and at times, they are not update in real time what is going on in certain teams, leagues and fixtures. That’s what makes them inferior to live analysis of games, they can’t do better than humans in this aspects but, some gamblers or mainly, those that aren’t gamblers but just want to gamble thinks it’s an easy way to win in gambling.
If that was the case, a lot of gambling platforms would have folded or gone bankrupt by now but, that’s not happening which highlights the flaws of AI in gambling.

[SamReomo]

AI is definitely inferior to live analysis of the game and players, it cannot possibly recognize the spirt of those playing.  AI could be superior in statistical data analysis and probability calculations possibly, even that would rely on patterns learnt off historical data mostly and this is already available to people.

Those who use AI in betting might have to face multiple losses. AI can't predict outcomes of match, it just estimates some outcomes and those are mostly false ones. I know one can use AI as a tool to learn more about teams of a match but it's not really worth it to rely on AI prediction for betting because the result will always be loss and nothing else. AI is a good tool and it can be helpful to save some time but it's not any good for betting.

[Orpichukwu]

People's perception of AI is often quite broad and frustrating, and even negative, because AI isn't the solution for accurate predictions While many prompts might suggest you're on the right track, it's not the best approach. Nothing beats natural intelligence for making predictions, and those who rely on AI for this will simply waste their money.

Even when you rely on your own intelligence, if you gamble without limit and with overconfidence, you will also end up wasting money. You can only use the AI as a tool to get the data you need to analyse your game, and you draw your conclusions based on the data you have at hand and not what the AI suggests. This is one thing which many just don't do and give AI too much credit and expect too much from it.

[Hispo]

Am yet to see a single player who can be buoyant in claiming how consistent his result has been in playing games and winning with the help of AI, we can decide to make use of AI for other purposes in gambling, but not to rely fully on them on what they could deliver for us in wining a bet more consistently, those that have been trying it cant be sure of what they have gained after several attempts, everything remains the same.

Honestly, the day some AI manages to get consistency in sport betting, that would be translated in the re-definition of the betting market as we know it. Not even mentioning that all bettors will stampede to that specific artificial intelligence in order to abuse it's capabilities... Odds would never look the same and the fun factor behind betting on sports would be broken.

Perhaps, it is a good thing nobody can abuse technology in order to get consistency.

[Cantsay]

[
Those who use AI in betting might have to face multiple losses. AI can't predict outcomes of match, it just estimates some outcomes and those are mostly false ones. I know one can use AI as a tool to learn more about teams of a match but it's not really worth it to rely on AI prediction for betting because the result will always be loss and nothing else. AI is a good tool and it can be helpful to save some time but it's not any good for betting.

Relying heavily on AI isn’t advisable, there should be a limit as to what you’d use AI for and also what you’d use your normal analytical skills for.

The moment you start relying on ai heavily you tend to lose some of your skills and if you’re not careful it will get to the point where you’ll no longer be able to perform well again. Just like you said, it’s useful, no doubt about it but then a line should be drawn and don’t go beyond.

[TheUltraElite]

AI will churn out results from what has been fed to it. It will derive its result from those previous data. It does not work like humans to make whimsical decisions but only on the statistics.

So in that way, you can get the AI result and just keep it aside, dont bet according to that, but make your own decision here.

One can guess that by simply using the AI, they will still reach around 50-50 wins vs losses.

[danadc]

AI will churn out results from what has been fed to it. It will derive its result from those previous data. It does not work like humans to make whimsical decisions but only on the statistics.

So in that way, you can get the AI result and just keep it aside, dont bet according to that, but make your own decision here.

One can guess that by simply using the AI, they will still reach around 50-50 wins vs losses.

That's true, that's why we shouldn't completely trust AI, not even real-time AI It's not capable of that, and I think even if it were, it wouldn't be effective because it's something that can't be done with precision. There will always be margins of error when an event hasn't occurred. You can calculate many things, but even with all that, there's always something that isn't included in the calculations: randomness and everything related to decisions or unexpected events That can't be predicted.

[Julien_Olynpic]

If artificial intelligence produces a realistic prediction, it doesn't necessarily mean your bet based on that prediction will win. Winning is often based on minor and unpredictable factors that aren't visible in advance or seem insignificant. However, during the match, they can unexpectedly become decisive. Therefore, I can only repeat: a realistic prediction isn't necessarily a correct prediction. And vice versa—an unrealistic prediction isn't necessarily an incorrect prediction.

[Anayochukwu]

Normally that is how it works so I don't think it's new thing although many gamblers still get carried away by the opinion of AI just because they are not sure about their prediction. Despite that there's no sure game doesn't mean wouldn't have discipline and make your own decision because these are the things that increases your chances of winning but I don't know why most gamblers don't want to make there own decision knowing fully well that luck has the final say.

[junder]

Betting by relying on ai is the same as betting by default, even depending on ai or not, the risk of losing is still greater than the chance of winning.

Therefore it is better to rely on yourself alone, although ai can help in terms of information should not be used as the main reference because in the end we will reconsider, but for people who really depend on ai, does it exist?

[Smartprofit]

This is precisely why I don't use AI. 🙋 Artificial intelligence thinks like a normal person, not like a genius. And it's clear why! Artificial intelligence learns from content created by normal people, not geniuses.

Why doesn't a simple bet on the winner consistently win? It's all about the odds the bookmaker offers. Let's say you consistently bet $10,000 on the most promising sports team. You regularly win $1,000 and celebrate victory. Of course! You've found the Holy Grail! However, on your sixth bet, you suddenly lose (the Black Swan strikes), and your losses total ($10,000 - $5,000 = $5,000). And it all started so well!

This example shows that accurately predicting the potential winner is not enough to win in sports betting over the long term. A more effective betting strategy is needed.  But artificial intelligence can't create such a strategy.🎰

[Dr.Bitcoin_Strange]

AI usually thinks like the public. It follows stats, rankings, and odds. Same logic as most casual bettors. It doesn’t really watch games, it doesn’t see momentum or confidence.

That's why the bookies wins more than bettors do, because they would access the public's sentiments before they give put the game odds and when they see how the sentiment is changing, they will also adjust the odds so that the outcome will favour them. If someone doesn't do their own professional research, they can lose the bet, using AI can also result to lose because it does its prediction by already made article or views from other players.

Yes, that's right. AI predictions and bookmakers' predictions are generally almost identical in favoring a team. This is because AI predictions are based on the history of the two teams' meetings and only based on the standings. However, if you analyze it yourself you'll see the current condition of the team including player injuries and the formation used by the coach.

I once made a prediction using AI when United was going through a difficult time. When playing against a small team, both the AI ​​and the bookmakers always favored Manchester United but the result was always the smaller team winning. This was because United was in poor form even with internal problems and the motivation to win wasn't derived from AI it could only be obtained through independent analysis. The same thing happened when Manchester City experienced a slump as it did last season. So it's indeed better to bet using independent analysis than using AI.

Well, I just believe that personal skill in sports betting is better than using AI or using the predictions that the bookies suggest, even if a bettor is an expert in predicting games, they could be wrong at times but not doing any prediction on your own and completely hoping on AI is not something I can rely on unles a day will come when the AI becomes more accurate than humans and as we know, it might be Impossible except for just new gamblers.

[AmaGold70]

Last night, I bet on the match between Alexandra Eala and Sorana Cîrstea. Cîrstea was the favorite, Eala was the underdog. I asked AI for a prediction and, as expected, it picked Cîrstea because of ranking and experience.

But I didn’t agree.

I watched Eala’s previous game where she beat a Top 10 player, and she looked confident. So I trusted my own analysis and bet on Eala with high odds (around 5). No screenshot, but the bet won.

This made me realize something.

AI usually thinks like the public. It follows stats, rankings, and odds. Same logic as most casual bettors. It doesn’t really watch games, it doesn’t see momentum or confidence.

Anyone else experienced this?

Yes, AI actually make predictions based on team's ranking and performance, which most gamblers do too. While we are making prediction, we make research and gamble based on the information we got , and what we know about those teams as we watch them. If you ask me, the human intelligence is better than AI, the reason is because human intelligence is adjustible and can make decisions based on the situation on ground, so it is necessary not to rely entirely on AI because their are situations where your own intelligence and decision can help a situation rather than using artificial intelligence.
I have also tried using AI in gambling before, and still don't get the desired result, and on my own predictions, sometimes I will record some winning and sometimes I will not, and their are also times where I used to adjust the AI prediction to get my own desired result.

[Versatile_choice]

Well, I just believe that personal skill in sports betting is better than using AI or using the predictions that the bookies suggest, even if a bettor is an expert in predicting games, they could be wrong at times but not doing any prediction on your own and completely hoping on AI is not something I can rely on unles a day will come when the AI becomes more accurate than humans and as we know, it might be Impossible except for just new gamblers.

The best part of this is that winning isn’t really about how skillful or good one is in analysis or prediction, it’s always been about luck, and that’s why it doesn’t really matter from which source your predictions are from, whether from an AI, a punter, a friend or from you, as long as no one has the ability to accurately predict what the future holds, what we only do is assume and hope it comes true, and that’s pretty much what most predictors do. Just try and have a good knowledge of the sports, you have your stats to also guide in coming up with good ideas and then hope you’ll get enough to win.

[TopTort777]

If I want to test AI betting and try to refute what is written in topic name, then which AI you would suggest me to use or what should I even start with? I am not much experienced with AI. I have asked ChatGPT few questions, and google search AI overview show me answers. Is there a special AI that focuses on gambling? Or I can download AI app for my phone and ask it for betting prediction? Any suggestions?