Artificial intelligence (AI) has taken the world by storm over the last year and AI sports betting may be the next big thing. It feels like there is new AI-related news every single day and the rise has happened at a staggering pace. Virtually every industry is now incorporating AI technology into their everyday practices.
The sports betting industry is no exception. There have been lots of people trying to incorporate this new and exciting development to help them win more sports bets. AI sports betting is becoming more and more popular, but does it work? That’s what we are going to find out.
In this article, we’ll tell you everything you need to know about AI sports betting and whether backing AI sports betting predictions can help you win and be more profitable over the long term.
What is AI Sports Betting?
AI sports betting is pretty much what it sounds like. AI sports betting is using artificial intelligence to help you make picks, size your bets, and grow your bankroll. It gets a little more complicated when you talk about AI sports betting tools, which we’ll get into next. But overall, the basic concept is fairly straightforward.
Forward-thinking sports bettors use AI to make their picks by plugging in sports statistics into complex machine learning algorithms. These algorithms recognize patterns, which can then be projected out into the future so you can make a smart bet. Artificial intelligence can also help you decide how much to bet, helping you develop strong bankroll management habits.
Some algorithms also analyze the betting market itself to help sports bettors identify high-value bets with plenty of positive expected value. The best AI tools will even scan the lines for you, meaning that you don’t even have to learn how to read odds, no matter if they’re in decimal or any other format.
What are some examples of AI Sports Betting tools?
Getting good AI sports betting predictions is unfortunately a little more complicated than just asking ChatGPT for its best picks. Thankfully, there are plenty of AI sports betting tools out there for you to use.
Quarter4
Quarter4 is a Canadian AI sports betting company at the forefront of using machine learning to identify high-value picks.
Back in 2019, the Quarter4 model predicted the Toronto Raptors to win the 2019 NBA Championship with 73% certainty. They followed that accomplishment up by giving the longshot Montreal Canadiens a 93% chance to upset the Vegas Golden Knights and make it to the 2021 Stanley Cup Finals.
Quarter4 founders Kelly Brooks and Danijela Covic collectively refer to their AI model as “The Brain.” Since 2019, the company has expanded to now providing picks for NFL, NHL, NBA, MLB, and WNBA picks. Quarter4 also provides college sports and play prop picks.
At time of writing, Quarter4 is primarily focused on serving B2B customers and high-scale bettors, but they plan to expand and provide more services to low-level bettors in the near future.
BetAlytics
Unlike Quarter4, BetAlytics is extremely focused on everyday sports bettors. The AI company sells memberships to individual consumers. A BetAlytics membership gets you daily best bet predictions, such as this MLB analysis, and access to the company’s entire database of AI-backed sports betting predictions.
Besides having so many picks and stats for you to access, BetAlytics really stands out for how simple, yet comprehensive the site is. The BetAlytics site regularly features articles about betting trends, best bets, and tutorials on how to get the most out of your membership.
BetAlytics currently provides bets and tips for the MLB, NFL, NBA, NHL, and a variety of soccer leagues around the world. BetAlytics coverage also includes insights from data and sports betting experts to provide context to their AI sports betting predictions.
RebelBetting
RebelBetting is the most traditional sports betting firm out of the three we suggest in this article. The Swedish company has over a decade of experience providing high-quality value picks to its customers.
When you sign up to RebelBetting, you get access to their world-class value betting insights, as well as their AI-supported sure betting tips, which will help you make the most out of arbitrage betting.
On the price scale, RebelBetting is more comparable to BetAlytics and is a great choice for regular sports bettors.
Does AI Sports Betting work?
The concept of artificial intelligence is still very broad. Yes, it’s possible that using this technology can help you make better picks on Fliff or beat the sportsbook with your parlays. However, it’s about how you apply that knowledge and analysis that will make a difference in the long term.
At the end of the day, yes AI sports betting can work, but it’s also not for everyone. Like all sports betting strategies, using AI has its pros and cons.
On the pro side, AI sports betting predictions are about as well-informed as you can get. These picks are backed by the most up-to-date data analysis software that can process millions of historical trends and current stats to give you the best picks for the future.
On the negative side, AI sports betting models cannot consider everything. Sports are inherently random, which is why we love them so much. Anything can happen, even if the stats say it’s practically impossible. Because of this randomness, AI sports betting is better for long-term bettors.
In the long run, backing AI sports betting predictions should net you a profit. This is because most models are used for value betting, which is the process of finding high-value bets undervalued by sportsbooks. So basically, if you have a good model, you can flip the house edge and eventually come out on top over the bookies.
However, finding a good model which has been proven to work that doesn’t cost an arm and a leg is going to be a difficult endeavor.
Should you try AI Sports Betting tools?
There are many bold claims about what AI can and can’t do, so it makes sense if you are a little skeptical about throwing your money behind AI sports betting predictions. However, we think sports betting is one industry where you should actually feel confident about using AI.
Sports betting analytics firms have existed for decades. These firms have always used algorithms to identify betting markets for their customers to take advantage of. With AI, these companies are now making more advanced algorithms that are able to process more data and recognize more patterns than was ever possible before.
If you’re getting your AI picks from one of these companies, it’s incredibly likely that this pick is well-informed and likely a safer bet than one you would get picking games by yourself. For that reason, we think you should try betting with AI sports betting tools. With that being said, not every AI sports betting tool is created equal.
With plenty of worry and confusion surrounding the new technology, the entire AI industry right now is a volatile market with lots of people trying to take advantage of uninformed customers. If you decide to back any AI sports betting predictions, be sure to do your research into the company behind those picks.
The final verdict on AI Sports Betting Tools
AI has the potential to revolutionize the way we bet on sports. With a little luck and a good AI model, you could make a lot of money wagering on AI sports betting predictions. Unfortunately, AI also has the potential to bankrupt uninformed sports bettors who will decide to put all their money behind the new AI craze.
If you find an AI sports betting tool you trust and have the resources and patience to stick with it, in the long term, AI sports betting could prove to be very profitable.
AI Sports Betting FAQ
Yes. Many sports bettors use AI to help them identify the best sports betting picks on the market. There are many tools out there to help you make the most of using AI for sports betting.
Overall, AI sports betting has proven to be great for getting long-term results. With that being said, not everyone has the resources to see out those long-term returns, so using AI is not a one-size-fits-all strategy.
AI sports betting models can interpret historical trends, advanced data, and market inefficiencies far faster and better than you can on your own. This means you can make informed bets and leverage the information you know to get a leg up on the bookies.
Yes, but if you use AI for arbitrage betting or other controversial sports betting tactics, you may risk your account being limited or even closed by your sportsbook.
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