We are seeing more and more projects that are almost 100% built on Artificial Intelligence, like ChatGPT. Here are a few experiments that are linked between ChatGPT and gambling....
Do you think AI will be more successful to get a working gambling strategy to win the house... and if they do, what will be the impact on casinos?
Potentially if we get up to a stage where AI has up to the minute sports statistics available on all the different elements of football (one of the biggest sports attracting bets) then there is a chance it could potentially find value in comparison to the solutions that sport betting companies use. The best sport betting companies will already be using something at a similar level to this AI tech, but a few might get knocked out by arbitrage taking place if they're not at the cutting edge. It only takes a few points over many different bets that turn out correct by enough people for them to turn unsuccessful. However they have a lot of money to keep up and will most likely stay far ahead of even the most tech savvy people placing bets.