The rise of Machines & AI on Future of Online Gambling

Artificial Intelligence and CasinoJust a couple of decades ago, no one would have imagined that something so futuristic and sophisticated like Artificial Intelligence and Machine Learning would become a frequent and crucial topic for different segments of the modern society.

High profile and technically skilled industries like robotics and virtual entertainment with the online casinos and online slot games serve as the best example of the increasing power of machines.

Will terminator learn about gambling in future? And will he get pissed off if he loses to any human being? These questions might seem scary at first place, but we cannot neglect them.

Introduction of AI to the World of Gambling Industry

Gone are such days when the terms and phrases like casino algorithms, artificial intelligence, augmented and virtual reality were reserved to a group of enthusiastic scientists and fans of the legendary Douglas Adam’s Hitchhiker’s Guide to the Galaxy. Artificial Intelligence has been with us for quite some time now, and online gambling is the first industry that graciously welcomes its arrival.

Online gambling and Artificial Intelligence has made a strong bond with each other. If you go back in time, you will realise that AI is nothing more than any sophisticated and high profile computer programming. Or is it?

3D games and virtual reality online casinos have taken the iGaming industry by sheer storm and an army of dedicated players are increasing with every passing day. For an in-depth and closer insight into rising Artificial Intelligence in online gaming, you can refer to our previous blog post titled “Impact of Artificial Intelligence on Online Casino Gambling”.

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Data to Help in Increasing the Accuracy and Odds

Data, Data and Data. It seems that wherever you go and what you do, you will eventually end up followed by the echoing world of data. The Internet is flooded with data, there are television commercials that bombard us with data, and finally, there is Artificial Intelligence that focuses on nothing else but on the automated collection and data analysis.

The question arises – “Didn’t we collect data before the advent of AI?” Of course, we did. But, we had limited access to data analysis and fewer opportunities related to scoring patterns and delivering realistic betting odds before artificial intelligence entering the iGaming world.

In fact, we can be modest and humble in accepting the fact that AI can go a long way in increasing the odds and improving the accuracy of online gaming. In fact, there are online gaming database like for instance “Sharkscope” that are specifically designed for tracking the results of the online casino players.

Sharkscope is regarded as the most extensive database of online poker tournaments and is the best example where analytics can help the players. This database offers comprehensive and up to date information on players and tournament statistics. You might be aware of the fact that online casinos use a random number generator, a simplified algorithm, to make sure that the games are fair and random.

But, hold that thought for a second longer. After all, the random number generator is a computer program, isn’t it? So the question arises – “Can an AI Robot learn to crack a casino algorithm?”If the answer is yes, then is it possible for an AI to make modifications and cheat at an online casino site?

Where there is gambling, there is indeed cheating in one way or another. The online slots use random number generators to prevent such fraudulent behaviour. Interestingly, these random number generators use algorithms and seed numbers and are not indeed arbitrarily and can be theoretically hacked.

But there is nothing to worry or get anxious as online casinos that are tested by game testing agencies like Gaming Laboratories International or Technical Systems Testing are safe for playing. You will play the games in a secure gaming environment where the casino games are fair and random. You can sit back, relax and spin the wheels with your heart’s content without having to worry about anything else.

Machine Learning Detects the Gambling Addiction

One of the greatest boons and outstanding advantage of Artificial Intelligence in online gambling is the detection of gambling addiction among the players. In general, the iGaming industry has put up a lot of efforts in making people realise the potential harmful gambling habits.

BetBuddy is a popular AI software solution that helps in making accurate and precise prediction about players are on the verge of gambling addiction. This analytical software package was created after collaboration with a software firm and the City University of London. This software is a perfect example of how AI and machine learning can help and promote responsible gambling among players.

Given this fact above, it comes as a little or no surprise that gaming software giant Playtech has decided about acquiring and integrating BetBuddy behaviour analysis software into their IMS player management system.

Virtual Casinos at the Hands of Millennial

The software giant Microsoft has invented HoloLens and Facebook has invested tons of money in buying Oculus Rift. Does these two supersonic Virtual Reality Headsets tell us something? Yes, indeed they are! They say us about the adventures, excitement and the unstoppable fun virtual and augmented reality has to offer to the players.

Artificial Intelligence and GamblingYou can now use a single pair of VR headsets to climb the tallest peak of the Himalayas or explore the shipwrecks at the bottom of the oceans. SlotsMillion is one of the few and limited online casinos that allows people to play for real money in an unreal gaming environment,

Millennial are actually digital natives, and it represents 50% of today’s workforce. Only a small amount of them can enter the land-based casinos. Virtual online casinos like SlotsMillion have developed an excellent strategy to capture the younger millennial market.

As per a study published recently by the UK Gambling Commission, online casino players from the age group of 18-34 has become twice from 10% in 2008 to 20% in 2017. One can quickly come to the conclusion that millennial get to see the physical casinos only for watching the popular Godfather film series.

Jay Stevens

Jay Stevens

Hi, my name is Adam Jay Stevens. Welcome to Top10-CasinoSites. Explore the online casino world with my site.

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