Artificial intelligence, big data gathering and analysis algorithms, and many other AI-powered tools and systems are helping to revolutionize the online sports betting industry.
It’s changing how the odds are priced for the countless monthly betting markets and how people interact and engage with these sites.
Here is a closer look at how AI technology ensures operators can provide their customers with the most competitive odds in a highly competitive industry.
How is AI impacting sports betting odds?
Cutting-edge AI-powered technological innovations are helping to shape the future of betting odds on today’s most trusted online sportsbooks (aka bookmakers or sports betting sites).
Technology has improved the experience of the average sports bettor by enhancing the odds offered for all sporting events. In other words, pre-match and in-play (aka live) betting markets are now more competitively priced than ever.
Today’s most trusted operators use a range of sophisticated AI-powered data gathering and analysis algorithm programs to crunch more information far quicker than existing systems or humans ever could to give more accurate predictions and more reliable odds.
Artificial intelligence can gather and analyze incredible amounts of historical and current data sets to predict the most likely outcomes more precisely than ever, ensuring a more competitive edge in a highly saturated market.
Therefore, AI significantly mitigates risks. It can detect possible scenarios caused by numerous variables and then adapt multiple strategies to minimize losses and improve the odds offered.
In other words, thanks to AI, the volatility traditionally associated with sports betting activities is vastly reduced, giving bettors a higher probability (but still never a guarantee) of receiving a profitable return on their wagers.
The use of AI has enhanced the global profile of the sports betting industry, fostering a sense of trust in today’s most reputable operators. Better still, many sites run ‘boosted odds’ promos, which ‘reduces the house edge’ even more and gives players even more returns on their winning bets.
AI has also helped tailor the experience on an individual level by offering more relevant promotional offers, personalized strategies, and better game suggestions (on sports betting sites that also have online casino games).
AI can also detect patterns in how people interact with and spend money on those websites to prevent problem gambling from occurring, raising the alarm if needed.
Artificial intelligence also helps online sports betting website owners streamline their operations by improving upon existing systems. It can also improve the quality of customer service offered on that site, enhance the website’s security, speed up payments, and prevent underage gambling, Anti-Money Laundering, and other fraudulent activities.
Are there any safe sports betting sites that allow you to place sports bets without depositing?
Incredibly, yes. The use of in-game currency at Thrillz casino has proven very popular, and it’s one of a very few online sports betting sites where no purchase or depositing of real money is necessary.
Thrillzz is a free and fun sportsbook that enables fully registered members (aged 18 or above) to make picks, build squads and climb leaderboards.
This exciting new way to place sports bets is only available for mobile users, and the free mobile app for smartphone and tablet devices can be downloaded from the App Store and installed in less than a few seconds.
This highly intuitive mobile app has a higher-than-average welcome bonus for new players and covers several major sporting events, such as:
- NFL/NCAAF (American/football)
- NBA, WNBA, NCAAB (Basketball)
- MLB (Baseball)
- Premier League, La Liga, UEFA, MLA, and many other top-flight leagues and competitions (Soccer)
- Boxing
- Nascar and Formula 1 (Auto/Motor Racing)
- ATP, WTA (Tennis)
- PGA (Golf)
- NHL and AHL (Hockey)
- UFC (MMA)
Two money systems are used on this site, neither of which have any real-world monetary value – Sweeps Coins and Thrillzz Coins. When you sign up here, your new account automatically receives 3 FREE Sweeps Coins and 3,000 FREE Thrillzz Coins.
If you run out of Sweeps Coins, they can be topped up for free in many ways, but you can’t ever redeem these coins for real-world prizes, such as cash prizes.
Thrillzz Coins, on the other hand, can be exchanged for real-world prizes, including cash prizes, simply by redeeming Thrillzz Sweeps Coins for Tickets, which can then be exchanged for cash.
Unfortunately, Thrillzz Coins can’t be topped up for free.
Instead, they can only be purchased in bundles/packages, using various tried and tested, perfectly secure online payment methods, such as American Express credit card, Skrill (eWallet), Apple Pay (mobile wallet), Visa credit and debit cards, Instant Bank Transfers, and several other trusted online payment processing gateways.
Final thoughts
If you want to try placing sports bets without gambling real money and in a perfectly secure environment, then you may want to give the Thrillzz Sweepstakes site a go.
This trusted site is perfectly legal in 36 states, and registering your free account takes less than a minute. If you’re new to online sports betting or would rather not risk losing your hard-earned money on regular online sports betting sites, Thrillzz could be the ideal solution for you.
