In recent years, artificial intelligence (AI) has evolved from a toy for computer programmers and a character in sci-fi movies to a useful tool available to everyone. The number of areas where AI has already been successfully used commercially is dozens and continues to grow. It is used in IT, medicine, automotive industry, software development, design, and forecasting. The global 1xBet betting company is widely known for its innovative solutions and has been using AI for a long time. In this article, we will tell you how using AI in 1xBet improves betting experience.
About 1xBet
The 1xBet betting company was founded in 2007, which was a key year for the entire IT industry. It was in this year that the first iPhone hit the market, followed a year later by the first Android smartphone. People were presented with compact, convenient and affordable devices to access the Internet from anywhere on the planet, and the number of mobile applications, online services and websites began to grow rapidly.
1xBet was one of the first in the iGaming industry to realize that the future lies in the global network, and in 2010, it moved online. The company’s developers released advanced 1xBet mobile applications for iOS and Android smartphones, changing the betting industry forever.
More than 3 million gamblers visit the 1xBet website and app every month. The brand’s platform is available on all continents and is presented in 70 languages. 1xBet customers can place bets on all popular sports, from the most popular ones (football, cricket, basketball, tennis and esports) to exotic ones (lacrosse, floorball and darts). A huge number of matches are available in Live mode: users can enjoy live streaming on 1xBet and catch the maximum odds.
In addition to sports betting, 1xBet offers its customers a Casino section with thousands of interesting games of any genre from the best providers. Popular slots, classic card games, new Crash games and much more – all online entertainment is united by the highest quality and the opportunity to earn real money. 1xBet takes particular pride in Live Casino with live dealers, bringing users into the atmosphere of the best Las Vegas and Monte Carlo gambling houses.
1xBet is proud to be the official partner of FC Barcelona, Paris Saint-Germain, LOSC Lille, Serie A and many other world-renowned sports clubs and organizations. The brand’s merits have been repeatedly honoured with major international awards, including awards like Best Sportsbook Operator, Best Esports Operator of the Year, Best Mobile Casino, Innovator of the Year, and many others.
1xBet.com obtained its international license in Curaçao, the most important gambling certification center. This would not be possible without special attention to the security of user data. All personal information is safely stored in a secure database so that customers can be sure of the confidentiality of their information and finances. Partnerships with the most popular payment services make it easier and faster to deposit and withdraw winnings anywhere in the world.
How betting companies leverage AI
1. Analytics and forecasts
No one is better at collecting and analyzing huge amounts of statistical data in sports than AI. Specially developed machine learning models already predict the results of sporting events more accurately than human experts. They do this by taking into account the maximum number of factors (historical statistics of head-to-head matches, position in the league, individual statistics and current physical form of players, weather conditions and much more). As a result, the AI finds such important patterns for 1xBet prediction that the most experienced sports analysts simply do not notice in all this volume of data.
2. Live odds
This task echoes the previous one, but here, the maximum emphasis is placed on the speed of decision-making in a rapidly changing environment. The sudden injury of a key player, a change in the score in a match, any force majeure in the stands, and so on – an AI-based system reacts to all these triggers faster and more accurately than a sports analyst. For a betting company, such a solution minimizes the chances of losing money in a situation where an experienced sports betting enthusiast already has an obvious result, but the current odds still do not correspond to the new reality.
3. Analyzing online sources
Up to this point, we have only talked about sports statistics, but factors as far away from sports as possible can also impact the result of a match. In the case of betting on events in politics, show business and other areas of human life, we should pay particular attention to analyzing online sources, from social networks to news portals. Analyzing public sentiment will help a bookmaker to identify special attention to some important event, turn it into a betting market and offer current odds. This year’s presidential campaign in the USA can be mentioned as an example. In the initial stages, many feared the prosecution of Donald Trump. Then, a completely unpredictable event was Joe Biden’s voluntary withdrawal from the presidential race and his replacement by Kamala Harris. It was AI that helped to recognize the growing interest in this market and the very unexpected twists and turns of American politics.
4. Support and anti-fraud
Unfortunately, there are still fraudsters in the betting world who don’t want to play by the rules and spoil the game for everyone. AI can help in this case as well, as specially developed models are capable of recognizing even very cunning and secretive types of fraud. AI analysis helps to identify betting patterns that are not typical for ordinary gamblers, which indicates foul play. A thorough analysis of the course of sporting events in various sports helps to detect match-fixing and prevent unfair earning schemes by teams. Thanks to using AI in 1xBet, a fairer and safer environment for all users is ensured.
AI also helps the support team by automatically providing the right answers to typical customer questions. As a result, only non-standard and complex questions reach the operators, which reduces the workload on the support team and increases its efficiency.
SEE ALSO: List of top online sports betting websites
User assistant
Predictions and automation
If bookmakers can use AI to predict match results and determine odds, bettors can do the same thing. Specially designed models can not only produce fairly accurate predictions but also automatically place bets on more likely markets. The more complex such a model is, the more information it analyzes and takes into account when making a prediction. The quickest models are usually capable of making real-time bets, instantly taking into account the current situation. AI demonstrates good results in predictions for accumulators, but it is definitely not worth relying on services that, according to their creators, can predict odds in Crash-games – in this case, randomizer models will be reliably protected.
Personalized models
The most common approach to AI betting is to analyze game statistics. However, the personal betting history of a particular gambler can also be used for AI training. In this case, the model will take into account how good a bettor is at predicting results for specific sports, championships and teams. The model can also include a financial component and reduce potential losses by evaluating the betting strategy. A gambler who is very spirited may be advised to reduce the maximum stake, while an overly cautious user may be advised to increase the amount and number of predictions. The process can take the form of modelling previous and future events, indicating the probabilities of winning and potential financial losses.
What bonuses 1xBet offers to gamblers?
For new and existing customers, 1xBet offers a huge number of generous bonuses and promos that make it easy to enter the world of betting regardless of AI usage. You only need to use 1xBet referral link and / or promo code “READ123” and choose the best bonus option for you:
- 120% welcome bonus up to $100 for sports betting
- Welcome package up to $1500 + 150 FS for casino and 1xGames
- Various Cashbacks is an opportunity to get up to 35% cashback for making deposits via partner payment systems.
- No-Risk Bet is an opportunity to get your bet amount back if you fail to predict the correct score of a promo match.
- Hyper Bonus is an opportunity to get a bonus of up to 250% for a winning accumulator.
- Lucky Friday and x2 Wednesday is an opportunity to get a bonus of up to €300 for making a deposit on Friday and Wednesday
- Olympic Free Bet, Grand Slam Tournaments and others are generous bonuses for gamblers who actively bet on the Olympics, Grand Slam tournaments and other important sports events.
- Operation: Sticker Hunt, CandyWorks, Esports Era and others are different bonuses and valuable prizes for betting on esports.
The Casino and 1xGames section also regularly host tournaments with solid prize pools. Besides, 1xBet has a Promo Code Store where every customer can buy free bets for bonus points. For similar sports betting tips, tricks, reviews, and guides, remember to always stay tuned to ReadScoops.com…
With AI, gamblers can indeed win more often. However, in doing so, they should be clear about two things. Firstly, there is no model that can predict the outcome of a match with a 100% probability. Secondly, some betting brands may consider the use of AI to be a betting violation, so be sure to clarify this issue before using AI in practice. Anyway, play and win with the reliable 1xBet betting company!
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