Teresa Hoy 
We aren’t going to dwell on the AI concept, as it has long ceased to amaze us. Nevertheless, we are most interested in its facilities for e-sports, sports betting, and gambling. It encourages players and bettors and makes them think of winning as an assured fact. Isn’t this in vain?
Of course, with the growing popularity of casinos and betting platforms, the number of all kinds of strategies, tricks, hack software, predictors, etc., is growing. However, experts are ambivalent about the advisability of their use. Licensed Gamblorium gambling and betting platforms use certified RNG and guarantee 100% randomness of each outcome. The question of using strategies is more applicable in sports betting and includes the analysis of teams, players, and even weather conditions (for example, in cricket).
However, in 1997, Deep Blue (a chess-playing expert system) won a 6-game match against Garry Kasparov. In 2016, Google DeepMind’s AlphaGo program defeated Go player Lee Sedol. These experiments seem rather hopeful! In November 2022, OpenAI released ChatGPT, which can calculate odds, develop strategies, and offer betting tips.
Efficient ChatGPT Skills In Sports & E-Sports Betting
It’s no surprise that sports betting fans immediately adopted ChatGPT! It collects a lot of data, analyzes it, and quickly calculates the odds. Thus, AI will almost certainly give bettors an advantage over bookmakers. So, which ChatGPT skills ensure success in forecasting/analysis and strategy?
| Collection of relevant data in real-time. | ChatGPT can analyze large data volumes in real-time. It provides bettors with up-to-date information and information about teams, players, and competitions – football, basketball, hockey, tennis, etc. This can help bettors gather relevant information – but it is important to make decisions based on your own findings. |
| Personal AI recommendations. | ChatGPT can study bettors’ preferences/history/results. Thus, you can get personalized betting recommendations. Whether to use them or not is also up to you only! |
| Analysis of past sporting events. | ChatGPT can analyze data on past performance of teams, players, and competitions. It identifies patterns and trends that can help you make more informed betting/strategy decisions. |
| Monitoring odds and lines. | ChatGPT can monitor odds and lines from multiple bookmakers in real-time. This way, the bettor can determine the best conditions and odds. |
| Providing betting strategies. | ChatGPT can provide users with betting strategies and recommendations based on statistics, trends, and other factors. Gathering statistics seems to be the most effective AI skill. |
However, Nodar Giorgadze speaks about some arrogance of this list! ChatGPT will be as useful and creative as the user describes the task well to it. Moreover, when it comes to real-time forecasts, they usually have significant caveats. It’s also worth noting that ChatGPT is primarily a neural language model. Do not take it as an all-seeing eye, otherwise you will be greatly disappointed.
Nobody denies that AI is capable of forecasting. However, doing something and doing something well/effectively are two different concepts! Numerous studies conducted in the 90s have shown that the accuracy of AI forecasts reaches 70% – 75%. As Deep Blue and AlphaGo have proven, AI can outperform the human mind when it comes to strategy development.
AI Strategies: Can We Trust Them?
It mainly depends on the task complexity that the AI has to cope with. It can easily create a list of betting strategies you’ll have to choose from. What about developing an arbitrage betting bot? It allows you to make a profit by betting on the opposite event’s outcomes. In this case, bets must be made at different bookmakers. Meanwhile, the latter monitor each other and constantly change the odds. In such a situation, you can hardly trust AI bots completely.
Arbitrage bets are usually made by sports fans with excellent math skills. They can quickly analyze the information in pivot tables and select the odds that work in their favor. However, AI now promises to do all the hard work for you. Basically, bettors no longer need to have a degree in mathematics, try to gain an edge over bookmakers, or have any sports betting experience at all. Thus, if it’s so simple, why haven’t we become betting millionaires yet? So when using AI for betting, use your brain first.
AI Is Not Your Winning Guarantee!
Unfortunately, human factors/behavior are still beyond AI perception. So, players’ injuries, changes in team lineups, weather conditions, etc., will go unnoticed for analysis. Meanwhile, they are the first to affect the event’s outcome. Besides, scammers can use predictable chatbots for their hack schemes. For example, they can easily skew the algorithm’s predictions with false data. As a result, bettors will suffer financial losses.
Running online casino games with AI assistance is also a controversial issue. The bot’s advisability depends on the iGaming category. They can serve to play poker. Nevertheless, they cannot help to win slots, roulette, or baccarat. Using AI can be the best solution to search for high RTP games and profitable bonuses. Besides, the updated ChatGPT version won’t support so-called unethical behavior. That is, it will not offer fraudulent strategies.
How Do Online Casinos & Betting Platforms Perceive The Use Of AI Software?
iGaming operators and online bookmakers also use AI software – however, this is a fight against the player. A reliable and AI-powered security system helps them to:
- Analyze customers’ behavior.
- Segment players/bettors depending on the degree of their behavior suspicion.
- Take necessary protective measures.
- Analyze traffic and identify multiple players from the same IP address.
- Detect bots.
The activities of bots include suspiciously simple and effective actions. For example, making several dozen bets in a row or betting immediately after logging into the system.
Don’t give up on progressive trends in betting! So, AI software is worth a try. It can help you select effective patterns and offer quite accurate analysis/statistics. Nevertheless, take the betting process responsibly, explore the risks, manage your bankroll competently, and look for top betting sites. The Gamblorium blog offers enough materials and reviews to make the right choice.
