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These days the craze of online gambling is increasing. Every other person thinks that maybe this time luck will be with him. And now on hearing the name of AI (Artificial Intelligence) people get even more excited. But does AI ensure victory? Let us understand in simple words that the real game of AI is in gambling.
The online gambling market is growing rapidly
In the last few years, online gambling has become legal and its business has boomed. According to the data of Statista, this market is now worth more than a billion dollars. It includes sports betting, online casinos, and live games.
And as this market is growing, people are expecting AI to help them win against the odds.
What is the real work of AI?
AI is still like a new player in the gambling world. Yoel Zuckerberg (Chief Product Officer of Soft2Bet) says that right now AI is mostly used in backend systems and in a few games. But its role will be even bigger in the future.
The specialty of AI is that:
- It understands the behavior of each player and creates a personalized gaming experience for him.
- It increases user engagement by adding reward systems and challenges.
- It gives better suggestions by looking at the past patterns of players.
Is winning guaranteed with AI?
Short answer – No.
AI can help in some games like:
- Sports Betting: Where stats, team data, and weather analysis are important.
- Poker and Blackjack: Where strategy can be changed by looking at the player’s move.
But if you are playing slot machines or roulette, then AI cannot do much, because those games are based on pure chance. AI’s logic does not work there.
Operators are also afraid
Many casino and betting companies are afraid of AI. They feel that AI can provide unfair advantage or can spoil the balance of the game.
That’s why if you want to explore gambling through AI, it is important to first explore the use of data analytics tools and stats platforms.
AI can make gambling safer
AI not only helps in winning or strategy, but is also useful in detecting gambling addiction.
Christian Perry (CEO of Undetectable AI) says that AI can be designed in such a way that it catches the unhealthy behavior of players beforehand. Casinos should use this technology to promote responsible gaming, not harm people.
Even now the rules are not clear
The biggest problem is that there is no proper regulation or guideline in the gambling world regarding AI. Every country has its own system, so the companies themselves will have to be responsible.
Zuckerberg says that operators should:
- Keep updating the regular AI rules
- Create transparent and ethical AI systems
- Never compromise fair play and integrity
Also Read: How To Play Rummy 500: A Beginner’s Guide
