Using AI for betting?

[Kat]

Do you think someone could be successful in using AI to help determine what kind of betting to make? Online betting? Horse racing? Whatever?

[Adminguin]

Hmm, I suppose you could prompt it to analyze trends and suggest a potential likely outcome, but your odds of being successful are still the same as just slapping a bet down based on your own insights, I would imagine.

[Uptrendfinancialsignal]

This one scares me a little. My friend tried using AI tips for betting and still lost about $50  in just one weekend. It can analyze the stats but football is not about maths alone. The referee mood, red card, weather are things to put into consideration too.

[Bawse]

I watched a video on YouTube where this guy was using ChatGPT to decide his bets for him. He gave ChatGPT certain rules. I don't think it's sustainable to make money using AI to bet on sports.

[The Jason]

I never thought of this.     Well, definitely big casinos might be worried because the business model can't continue if the house doesn't win most of the time.