AI and Sports Betting: The Future is Now!

You must have been living under a rock if you’ve not heard about the big recent AI developments from the likes of ChatGPT and co. It’s pretty much become the new ‘space race’ or perhaps ‘tech bubble’ depending on who you’re listening to. Some view the idea of a future where AI answers, tech support, and media are all AI produced as something akin to SkyNet, but this doesn’t stop huge tech companies throwing money at it hoping to be the goto for all things AI.

I do think there’s room for concern in terms of replacing jobs and the like, and perhaps even of knowing whether an image is genuine of not. As such there is an ethical angle to this whole area. Hasn’t it also been the case though that with every new breakthrough and technology comes opportunity too? And if so, as you going to be the one taking advantage of this or will it pass you by?

Take sports betting and analysis for example. It wasn’t so long ago that analysing sports data was a pen and paper jobs, then even more recently there was still a need to collate digitally or sign up to packages doing so on your behalf. Now though, sports specific AI can offer the likes of AI football tips, based on data from previous games, players in a team, and all manner of other algorithm based data analysed behind the scenes.

That’s not to say it’s totally autopilot though, just very handy, because as with anything it’s your inputs that can lead to what may well be valuable outputs and insights. So really, if you already feel like you’re knowledgable in an area, the involvement of AI can take you to the next level. Take racing tips for instance, if you’re already well versed on form, ground conditions, price to chance, and have ruled out a number of horses using your own system, then plugging variables into AI systems and carrying out further analysis faster than would have been possible prior, is a real no brainer. In a fast changing world, working smart and with these changes rather than resisting the inevitable, is the way to go!

As with any system you can always look back on your results and see what works for you and what doesn’t, but with so much processing power behind AI decisions and analysis, it would be a brave man to shun it completely, as others are likely to benefit in the meantime.