Select language

 

How AI is Changing the Betting Industry

AI (Artificial Intelligence) is extremely powerful. Its algorithmic structures and detailed processes allow for unprecedented accuracy when it comes to results; results more accurate than even the human brain can produce.

Over recent years, AI has begun to filter into our everyday lives – not least in our sector – online gambling.

Gambling operators are utilising AI in order to conduct business operations more efficiently and produce more accurate results; with these results providing the platform for a better product/service and ultimately, increased profits.

Bitcoin casinos, mobile betting, live streaming and many more, are just a few examples of the operators keeping up with the changes. On top of that exceptional customer service, bonuses and promotions are offered on major websites like Matchbook, Paddy Power or bet365 offering bet365 bonus code.

AI in gambling

Through AI and machine learning, our computers are now having a huge impact on our industry, and the way us as humans integrate with the machines with which we work.

Last year there was a real breakthrough when an algorithm based software was able to defeat the world’s best GO player, (a traditional Chinese strategy game). The power of AI within the gambling industry has showcased a level further this year, when a computer was able to take on, and beat, some of the world’s greatest poker players at over 120,000 hands of no-limit Texas Hold ’em.

With Poker being considered a lot more challenging than most strategy games for AI, this has got the world’s biggest gambling operators worried. The fact that computers have now surpassed the human brain in terms of strategic ability and thinking means that science can be applied to betting in order to create ‘the perfect bet’.

Taking the luck out of gambling

With AI, it’s possible to remove a significant chunk of the luck element from gambling. For example, imagine if statistical processes and algorithms were used to predict the outcome of sporting events, such as football and horse racing.

Though for now, check Cheltenham Betting Offers and Grand National Betting Offers.

Bettors would then be able to make their decisions by factoring in various statistics. This is a unique approach and one where man and machine are working together to predict the outcome of a particular sporting event.

As gambling is an industry that is centered around probability and statistics, it makes perfect sense to integrate AI into predicting whether there will be over or under 3.5 goals in a football match, for example.

Could AI be the end of the gambling industry as we know it?

Although the power of AI is ever increasing, and our machines are becoming ever more competent and accurate, it’s impossible that an algorithm could predict the exact outcome of a sporting event, or even the correct turn of a card every single time. We’re merely using AI to factor in the statistical element of betting, and the probabilities of a particular event occurring.

It’s true that the correct implementation of AI and algorithms can dramatically increase the probability of predicting the correct outcome, but with the human element being a significant portion of the process – AI and human behaviour should be seen as a partnership, as opposed to a conflict.

AI can predict the likely outcome of a particular football match by factoring in the previous form, player condition, current weather conditions, previous results, and hundreds of other variables. However, what it can’t predict is an unaccounted poor performance or similar exceptional events.

Taking all into account, it’s clear that AI is already having an impact on the gambling industry. Despite the fact it has not been fully implemented on a large scale yet, it’s only a matter of time until we see syndicates start to deploy AI in order to create ‘the perfect bet’.

Recommended UK Bookies

Read the full operator bonus code review

Sort by:
Stars
Betting Site
New Customer Offer
Key Features
Go To Site & Sign Up
Sign Up + Bet Here
Go to bet365
Key T&Cs: T&Cs Apply | 18+: Up to £100 in Bet Credits for new customers at bet365. Min deposit £5. Bet Credits available for use upon settlement of bets to value of qualifying deposit. Min odds, bet and payment method exclusions apply. Returns exclude Bet Credits stake. Time limits and T&Cs apply.
Key T&Cs: T&Cs Apply | 18+: Up to £100 in Bet Credits for new customers at bet365. Min deposit £5. Bet Credits available for use upon settlement of bets to value of qualifying deposit. Min odds, bet and payment method exclusions apply. Returns exclude Bet Credits stake. Time limits and T&Cs apply.
Sign Up + Bet Here
Go to Genting Bet
Key T&Cs: New customers only. Qualifying period ends 23:59 GMT on 31/12/19. A qualifying bet is a losing first settled real money single bet of at least £/€10 or more (at odds of evens (2.0) or greater (or a multiple where each selection is at odds of 2/5 (1.4) or more. Only losing win single part of an E/W bet will qualify. Free bet equal to your qualifying stake(Max £/€10) will be credited within 24 hours of qualifying bet settling and must be used within 14 days. Free bet stake not included in returns.Full T&C’s apply.
Key T&Cs: New customers only. Qualifying period ends 23:59 GMT on 31/12/19. A qualifying bet is a losing first settled real money single bet of at least £/€10 or more (at odds of evens (2.0) or greater (or a multiple where each selection is at odds of 2/5 (1.4) or more. Only losing win single part of an E/W bet will qualify. Free bet equal to your qualifying stake(Max £/€10) will be credited within 24 hours of qualifying bet settling and must be used within 14 days. Free bet stake not included in returns.Full T&C’s apply.
Sign Up + Bet Here
Go to Matchbook
Key T&Cs: New Customers Only. If your bet loses we will refund your stake up to max of £10. Bet must be placed within 7 days of sign up. Visa and Mastercard deposit only. Refunds paid within 72 hours 18+. T&C’s apply
Key T&Cs: New Customers Only. If your bet loses we will refund your stake up to max of £10. Bet must be placed within 7 days of sign up. Visa and Mastercard deposit only. Refunds paid within 72 hours 18+. T&C’s apply
Sign Up + Bet Here
Go to EnergyBet
Key T&Cs: Offer is available only for customers registered in the UK. Min. £10 deposit required. Maximum bonus amount is £50. Select the Welcome Bonus on the deposit page before proceeding with payment. Welcome Bonus must be wagered 10 (ten) times on accumulator bets consisting of a minimum 3 (three) selections, minimum selection odds of 1/5(1.20), and minimum selections total odds 1/1 (2.00). 18+ www.begambleaware.org T&Cs apply.
Key T&Cs: Offer is available only for customers registered in the UK. Min. £10 deposit required. Maximum bonus amount is £50. Select the Welcome Bonus on the deposit page before proceeding with payment. Welcome Bonus must be wagered 10 (ten) times on accumulator bets consisting of a minimum 3 (three) selections, minimum selection odds of 1/5(1.20), and minimum selections total odds 1/1 (2.00). 18+ www.begambleaware.org T&Cs apply.
Sign Up + Bet Here
Go to LVBet
Key T&Cs: All new first-time Sports Customers are eligible for a First Deposit Sports Bonus at LV BET to be used solely in conjunction with their first deposit in the Sports Betting section. The maximum bonus amount permitted per UK customer is £50. In case the deposit is higher than £100, e.g. £200, the maximum bonus remains £50. Full T&Cs apply
Key T&Cs: All new first-time Sports Customers are eligible for a First Deposit Sports Bonus at LV BET to be used solely in conjunction with their first deposit in the Sports Betting section. The maximum bonus amount permitted per UK customer is £50. In case the deposit is higher than £100, e.g. £200, the maximum bonus remains £50. Full T&Cs apply
Sign Up + Bet Here
Go to Quinnbet
Key T&Cs: 18+ Quinnbet Matched Casino Welcome Bonus Key T&Cs: 100% bonus up to £100 on your first deposit · New Customers Only · Min Deposit £10 · 25x rollover requirement · Free Spins will be accredited within 48 hours · Bonus Valid for 30 Days · bonus can’t be withdrawn · Free Spins credited for the Quinnbet Game of the Week · Skrill/Moneybookers and Neteller are not valid for this promo· real money balance can always be withdrawn · 18+ · T&Cs Apply*Quinnbet Weekly Casino Bonus Key T&Cs: up to a 10% Bonus on Casino winnings every week (capped at £100) · 35x Rollover Requirement · Rollover Requirements must be met within 7 days · 18+ · T&Cs Apply T&Cs Apply
Key T&Cs: 18+ Quinnbet Matched Casino Welcome Bonus Key T&Cs: 100% bonus up to £100 on your first deposit · New Customers Only · Min Deposit £10 · 25x rollover requirement · Free Spins will be accredited within 48 hours · Bonus Valid for 30 Days · bonus can’t be withdrawn · Free Spins credited for the Quinnbet Game of the Week · Skrill/Moneybookers and Neteller are not valid for this promo· real money balance can always be withdrawn · 18+ · T&Cs Apply*Quinnbet Weekly Casino Bonus Key T&Cs: up to a 10% Bonus on Casino winnings every week (capped at £100) · 35x Rollover Requirement · Rollover Requirements must be met within 7 days · 18+ · T&Cs Apply T&Cs Apply
Sign Up + Bet Now
Go to BGO
Key T&Cs: 18+. New customers only. 10 Free Spins on registration and mobile verification (UK ONLY) 100% deposit match up to £200. Available on selected Games only. 7-day expiry on Bonus. 40x wagering (max bet £5) before Bonus Balance can be withdrawn. Wagering is with real money first. Game contribution weightings apply to wagering requirements. £10 min deposit + 2.5% fee (min 50p/75c). Not available using Neteller or Skrill. Cash balance withdrawable anytime + £2.50 fee. Full T&Cs apply.
Key T&Cs: 18+. New customers only. 10 Free Spins on registration and mobile verification (UK ONLY) 100% deposit match up to £200. Available on selected Games only. 7-day expiry on Bonus. 40x wagering (max bet £5) before Bonus Balance can be withdrawn. Wagering is with real money first. Game contribution weightings apply to wagering requirements. £10 min deposit + 2.5% fee (min 50p/75c). Not available using Neteller or Skrill. Cash balance withdrawable anytime + £2.50 fee. Full T&Cs apply.
Sign Up + Bet Here
Go to Mansion Bet
Key T&Cs: New customers only. Real money deposit required. Credit or debit card only. Deposit and bonus amount must be wagered 6 times (min odds 4/5). Prior to bonus funds and associated winnings becoming withdrawable. 18+ Terms & Conditions
Key T&Cs: New customers only. Real money deposit required. Credit or debit card only. Deposit and bonus amount must be wagered 6 times (min odds 4/5). Prior to bonus funds and associated winnings becoming withdrawable. 18+ Terms & Conditions
Sign Up + Bet Here
Go to SportNation
Key T&Cs: New customers only. Valid once per customer. Bonus will expire after 30 days. Turnover requirement of 7x at the minimum odds of 1.6. Minimum £10 deposit required. Expires 23.59, 31/05/19. Excludes Skrill and Neteller deposits. 18+ only. Begambleaware.org. Terms & Conditions
Key T&Cs: New customers only. Valid once per customer. Bonus will expire after 30 days. Turnover requirement of 7x at the minimum odds of 1.6. Minimum £10 deposit required. Expires 23.59, 31/05/19. Excludes Skrill and Neteller deposits. 18+ only. Begambleaware.org. Terms & Conditions
Sending
User Review
5 (1 vote)