Australia
Tabcorp to Use AI to Boost Sports Wagering Operations
Australian gambling giant Tabcorp has announced that it will roll out an artificial intelligence (AI) program to predict the results of American Football games. The strategic move is aimed at helping the operator to avoid losing ground to rivals such as Ladbrokes and Sportsbet as players turn to online gambling amid the Covid-19 pandemic.
David Beirne, general manager of trading at Tabcorp, said: “Artificial intelligence will significantly increase the betting markets which sports fans can bet on.”
The AI tool will run more than 1000 simulations to predict outcomes for American Football Games. Beirne says that for a single NFL game, players will have more than 120 possible outcomes to bet on. The platform be tested on NFL games but could be used for tennis and NBA games in the future.
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