Artificial Intelligence or AI is making revolutionary changes in most of the industries in the recent years. Almost every industry face the heat of AI, and many of them will get the benefit of it in future. Per industry experts, transportation, medicine, gambling, and Personal Assistance Services Industry would see most visible changes. Due to the transition of gambling to online mode, the technology would enhance the gaming experience to higher levels. It is great to know how AI is going to change the pace of online gambling.
Improving the Online Gambling Experience
Each of the new AI system implemented in the online gambling platform improves the customer experience. Last year, BtoBet introduced an AI system that gave intelligence connections between player’s behavior and the platform. The gaming platforms could analyze the customer priorities and personalize different betting according to their expectations and needs. Please note that understanding customers are one of the most important techniques in retention of customers and continued business. It is also capable of responding to the player behavior in various channels including mobile applications, social networks, and more.
All these changes are increasing the popularity of online gambling. A gaming-like experience with hassle-free gaming environment plays a significant role in connecting with the young generation. Considering the advancement of AI technology in the coming years, the gamblers can expect more innovative changes in future. Interestingly, the casinos around the world including South African online casinos grab the new technology and improve their business.
To create a unique platform for gambling, researchers started working with BetBuddy, a renowned software developer. The upcoming version of BetBuddy platform would have some of the best solutions for the gambling industry. Interestingly, it analyses the gamer’s gambling behavior using random forest algorithms, neural networks, and interface mechanisms. Interestingly, it would have the option to signal the players while reaching the problematic levels along with notifying the casino operators.
Better Gaming Analysis for the Players
The AI system gives better analysis for the players and increases their winning percentage through the integrated information system. Experts predict that the AI system and its algorithm can even out the odds and make the gambling in favor of tech-savvy gamblers. In fact, the industry and its operators design the system by giving lesser odds of winning the games, now. It is visible in games that require skills, including poker and other games – most of the time the house wins.
However, the experts warn that the bookmakers across the world would face bigger challenges when AI starts challenging the house. Casino operators can expect significant changes in their business model in the coming years. The AI system has the capability to shatter all the business models of bookmarkers. For instance, Microsoft’s AI system, Bing Predicts, successfully predicted the initial week of the NFL season – 2015. It also predicted all the 15 matches of Brazil World Cup – 2014 knockout round and 2015 Academy Awards. The results show that Bing Predicts is an effective tool in gambling even beyond sports betting.
The Future is AI
Nobody can stop the integration of AI into the online gambling, and it will open better opportunities for the gamblers. When it comes to the betting houses, they can utilize AI to increase the reach and popularity of online gambling. However, when the algorithms beat the houses, it is a real challenge for the operators to manage. Many industries have implemented AI system without understanding the consequences of the new technology. If the gambling industry could learn from those experiences, they can shape AI advancement for their betterment. Because, the future is all about AI, considering the latest trends, and gambling industry can nourish with it.