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HOW ARTIFICIAL INTELLIGENCE ANALYSES PLAYERS

HOW ARTIFICIAL INTELLIGENCE ANALYSES PLAYERS My Image Host

The number and solvency of bettors directly determines the profitability of a bookmaker's office.
2022-10-26, by ,

#Big Data || #AI || #Sport ||

Table of contents:



That is why betting companies spend a lot of time and money on studying behavioural algorithms, using all the same machine learning, Big Data analysis, applied computer science and neural networks.

The software

Initially, the software analyses gamers and assigns the user to one of the categories:

  • Professional bettors. Such players are focused on one sport (rarely two or three), so they never bet money on unfamiliar disciplines. Moreover, professionals always alternate reliable bets with risky ones, minimizing their financial losses.
  • Casual visitors. This category goes from one sport to another in the hope of picking up a big score. Amateur bettors play chaotically, often making ill-considered bets, being guided only by their emotions.
  • Cautious gamblers. Such users prefer reliable and clear bets with minimal risk. The odds size is not so important for them, as the desire not to lose money.

Further, having defined a category of players, the program calculates different development scenarios for each allocated group.

The system may suggest:

  • an individual selection of matches with preferred events;
  • An interesting bonus strategy (for example, the personal cashback for specific disciplines;)
  • Participation in prediction tournaments, online betting, etc.

In addition, the software tracks and records:

  • preferred bets (denominations, disciplines, forks);
  • activity after wins and losses;
  • strategies used.

The collection and analysis of information allows better editing of quotes, minimising mathematical and strategic errors.

MORE ABOUT THE APPLICATION OF AI AND BIG DATA IN BETTING

Bookmakers are actively using machine learning in sports betting, creating profitable event lines without losing key players.

Neural networks are the future of betting. Human minds will never be able to process the same amount of information as artificial intelligence technology.

Read more: Betting Sites in India

Predicting results

Most often, AI and Big Data are used in predicting results and generating balanced quotes based on them. The software takes into account the personal performance of individual athletes, providing the most accurate prediction of upcoming matches.

The leading disciplines in the use of AI software are football and tennis. The most famous football solutions include Kickoff, Cortana Intelligence Suite and NeuroBayes. In tennis, OhMyBet is used, which has already processed and predicted 825,000 matches.

AI and Big Data identify behavioural algorithms in the actions of bettors. Based on this data, operators are able to create the best event line-up and offer users the best possible playing conditions.

If you do not know how to implement AI, neural networks and other advanced technologies into your betting project, contact Bett-Market. We are ready to bring your wildest ideas to life and help you create a profitable business with huge potential.

Ted Jackman

Ted Jackman contributor to my-image-host.com
Independent Financial Adviser