In the betting or gambling sector, there has been an increase in the use of technology to make the game more interesting and profitable. Recently there has been news of a SuperComputer that can carry out complex simulations and give game predictions. Based on the Opta supercomputer prediction, Liverpool is the favorite to win the EPL with 45%, Manchester City with 33.6% while Arsenal has a 21.4% chance.
Do you think these predictions are reliable?
If the super computer could give accurate predictions as you claim then that shoud be something the house should worry about cause they'll begin to lose more funds while bettors win more, but on a second thought i doubt if the said claim AI would be 100% accurate, 40-60% might be considered because as we all know gambling is based on luck and good strategy so the AI might have good predictions strategy but one might be unlucky.
Take for instance in a game where an AI predicted Liverpool to win Manchester United, based on their recent stats Liverpool are far better than United no doubt and are even in a better position in their previous game Liverpool outplayed united but United managed to beat them at the extra minutes of the game, therefore you've definitely lost your bet while following the predictions of an AI.
I agree and I've been saying this in this topic, it's very difficult to predict something with many variables. The best thing is to use some data with some variables and try to refine this model to the point of being able to predict something. But other than that it is very impossible to predict anything.