Learning sports betting fundamentals is crucial before placing any wagers. Not doing so is an incredibly easy way to waste money, as beginners will likely place misinformed bets or not understand certain betting markets adequately.
It won’t take you long to get to grips with the basics but don’t stop there in your pursuit of sports betting knowledge.
As new technology evolves, bettors can leverage new tools to help them analyze anything from NFL betting lines to international soccer odds. Using sports AI is a recent development in the bettor’s quest for more accurate predictions.
US Sports Betting: The Current State of Play
American sports betting has had a wild ride in recent years, with the landmark decision in 2018 by the US Supreme Court to reverse the Professional and Amateur Sports Protection Act creating the conditions for individual states to produce their own betting legislation.
New Jersey was the first jurisdiction to push through new legal sports betting laws, followed by over 30 more states, including Pennsylvania, Colorado, and, most recently, North Carolina.
Bettors can enjoy a near-limitless number of potential options at the best sportsbooks. Whether you’re looking to predict the Super Bowl winner or forecast the number of goals scored in an English Premier League fixture, these platforms have you covered.
Can AI Enhance Sports Betting?
But with so many choices available, how can a budding bettor possibly hope to understand the abundant statistics and betting markets?
While you can never guarantee sports betting success, one of the main ways to place more accurate wagers is by ensuring you understand certain trends and have up-to-date information on players.
But it can be difficult to do this effectively, with so much data to consider. Or, at least, until now. AI can help to avoid tax problems in industries from luxury salons to e-commerce, but this isn’t the only way you can leverage this new technology to your advantage.
Advanced AI tools can be put to work analyzing vast troves of data, which is perfect for examining various details regarding sports betting.
It can work on a purely practical level by instantly finding the most generous sports betting welcome bonuses in your area, or you can use its sophisticated algorithms to help you predict the winner of a particular game.
As always, it’s important to remember that sports betting is ultimately a game of probability and chance. AI cannot see the future by any means, but it can give you vital tools to help demystify what the future could look like.
Human eyes may not be able to spot that a particular NFL quarterback has had an above-average game against a specific franchise for the last four seasons, but an AI tool can. With this information, you could place a player prop on passing yards with more likelihood of success.
Methods for Incorporating AI into Your Sports Betting Strategy
If you’re struggling to think of ways to use AI alongside sports betting, we’ve got a couple of crucial methods below for you to try:
AI Sports Analysis
The most straightforward way to leverage AI to enhance your sports betting success is by using the technology to help you analyze the vast amounts of sporting data that can help you make more accurate, data-driven decisions rather than relying on simple gut feeling.
AI tools can analyze everything from historical data, player performance statistics, weather patterns, and fan sentiment to help you predict game outcomes, point spreads, totals, and props.
Of course, this isn’t a foolproof method for betting success – nothing ever is – but it can help you forecast scenarios using solid data foundations.
AI Line Shopping
One thing that beginner bettors won’t be particularly aware of is the fact that betting lines can change slightly from sportsbook to sportsbook.
Finding the most favorable odds for your preferred markets and events is crucial to maximizing the amount of value you can enjoy, but it isn’t particularly easy to do manually.
AI-powered line shopping tools instantly scan the odds across the sports betting industry, helping you pinpoint the platforms offering the most valuable odds for your preferred options.
Use this strategy alongside AI-powered sports analysis to find attractive odds and deliver more accurate decisions.