The Influence of Artificial Intelligence in Gambling

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There is a reason why Artificial Intelligence and Machine Learning are listed in the top tech trends in 2019. Even though it has been quite a few years since AI emerged, its new innovations and amazing opportunities make it stick to the top technology trend list. Artificial Intelligence has become an important part of almost all industries.

From the medical field to manufacturing units to digital marketing, there is hardly a sector where AI isn’t adopted. Just like other industries, AI plays an integral part in the Online casino and gaming sector. It possesses the capability of analysing information and executing intellectual tasks in the best possible way. Without further ado, let’s discuss how Artificial Intelligence has changed the live casino industry and what innovations are yet to come.

The Influence of Artificial Intelligence in Gambling

50 Years of innovation

It was in the year 1961 when Claude Shannon and Edward E Thorp launched their first prototype of wearable PC and used it in the Vegas casinos. After introducing the special card counting technique i.e. with the help of IBM 700, Edward Thorp started searching for ways to use mathematics in order to win the Roulette game just like the way he did with the Blackjack. If you consider the current computer definition, the device developed by Thorp will seem simple (since it was only designed to win at Roulette). In the edition of Beat the Dealer, Thorp tells how this device allowed the accurate Roulette prediction. Even though he didn’t provide the detailed working and features of the computer, he discussed how he could win $8,000 by placing a bet of $25 per number.

Benchmarks in 2017

There’s no doubt that technology has come a long way since 1960 and the AI has become more sophisticated than ever before. Artificial Intelligence has changed the way online casino games were played before. Today, mobile casino games have made it easier for gamblers to enjoy their favourite casino games from the comfort of their home. If that was not enough, AI helped the gaming operators to bring live casino in the gambling market. Today, there’s almost no difference between online casino and brick and mortar casino.

AI designed Google’s AlphaGo, the software used to deal with the world’s most challenging strategy game, performed outstandingly by defeating the World’s top talents. The London-based DeepMind designed a famous AI in 2014, which was purchased by Google for approximately $500 million, defeated the five-player team in several matches. AlphaGo gained popularity last year after defeating the world Go champion namely Lee Sedol. AlphaGo is one of the best gaming software that surprised the gamers and Online casino operators by making incredible moves. This helped the players to get more ideas on how to play online casino games more effectively.

AI help prevent gambling addiction

In today’s era, a lot of nations are facing gambling addiction problems. The government of such countries is constantly on the lookout for new laws that could ban some addicting gambling activities and help people get over gambling addiction. However, these laws didn’t prove beneficial in keeping the gamblers from getting addicted to online casino games. The recent studies showed that AI is an effective tool for preventing gambling addiction. The researchers have collaborated with BetBuddy software, the famous AI software that is used to keep track of users’ behaviour in mobile live casino gambling. This software can detect the time people spend on the online casino, allowing casino operators to either block the problematic account or limit their gaming access.

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Review Summary

Review Name : The Influence of Artificial Intelligence in Gambling

Author : Julie Oliver

Published Date : 04/07/2019