With the pandemic situation in play, we feel more connected than ever with the help of the internet, it’s also not surprising that artificial intelligence is becoming more and more prominent in a lot of fields. In this article, we’ll discuss how ai changing the betting world as one of the consequences of its far-reaching ability and better probability diagnosis when it comes to figuring in all the key factors to determine the odds.
In light of the current situation, it is pretty evident that the countries are still suffering irrespective of their developmental status. With that being said, it might come as a shocker to some but it hasn’t been all doom and gloom.
How has AI changed the world in general?
- Well there’s a lot that can be said about this particular topic but if we keep it relevant to our current discussion and talk about its impact on sports in general:
- It has helped in eliminating menial jobs entrusted to workers before AI came in as a replacement such as sports equipment production, keeping a score, looking for fouls or better-determining penalties, betting probabilities…all this might seem too much responsibility for a system that is not given as much credit in current times as its potential deserves.
- By stating such examples I don’t mean to conclude that humans are not needed anymore, but it’s definitely cut the costs for the people entrusted with managing this chain of command and production.
Special impact on football
- Football is a very famous game all over the globe and it’s not just a game limited to the play, it’s also one of the major attractions for people interested in betting based on a team’s play similar to horse races.
- One of the major changes in team formation, scouting, and recruitment has come with the introduction of AI which changes the whole algorithm of players as a complete team. With AI into play, we are effectively able to remove human error and qualitative bias we are inclined to show even while making a quantified decision based on our personal opinion, whether we do it consciously or sub-consciously is a topic of debate for some other time.
- The actual potential of AI was actually acknowledged when a coach from a small team decided to choose players based on an artificial algorithm which enabled their team to win the season finals with zero losses. Ever since then, may it be a small team or a national level competitor, all teams have put their best technologies forward to make the most challenging teams out there to play against.
- Other than recruitment, it’s also increasingly playing a part in keeping players fit and maintaining high fitness levels by giving a personalized experience to the players.
- The same AI is also used by betting sites nowadays to not just benefit the players and managers but also the punters who regularly bet and thus show a behavior pattern that can be utilized to collect personal data and provide a better and more efficient user experience.
