AI to Be Implemented into the Sphere of Casinos and Online Gambling
The development of IT technologies has already changed many areas of business and everyday life, including gambling.
Many large companies, like Google, Amazon, and Tesla, use AI. It is present in almost every area of our daily lives, from Google Maps and Email Spam Filters to Facebook and Facial and Voice recognition systems.
What is Exactly AI?
In short, AI, or Artificial Intelligence, is a system or machine able to mimic human behavior to perform specific tasks and gradually learn using the information received.
AI has many incarnations today. For instance:
- Chatbots use AI to analyze customer requests faster and provide appropriate responses.
- Smart assistants use AI to extract information from large databases in free form and optimize planning.
- Recommendation engines automatically match users with similar TV programs or advertisements for relevant products and services based on previously viewed.
Unfortunately, the film industry has created an ominous image of a powerful aggressor for AI, which in the future will develop so much that it will rise against people and cause a lot of trouble to humanity.
This distant future has already arrived, and so far, AI has brought and brings a lot of benefits to mankind.
AI Tasks in Gambling
Artificial Intelligence is actively employed in online gambling to cope with the following issues:
- Answering user questions. The chatbot is economical and efficient. It is set up to resolve the conflict with the client positively. Any inappropriate behavior will not cause a negative reaction from the computer. And it will continue to provide information and end the chat on a friendly note.
- User acquisition and retention. The system collects user information and highlights behavioral patterns and preferences. Depending on the increase or decrease in activity, it predicts the next step and offers the client a creative or a bonus that activates interest in the game.
- Forecasting the player’s potential income. Having made the forecast, the system pulls up only the options available on the player’s budget. Thus, the player stays on the site longer and does not spend all their funds in one game.
- Budget savings. Using AI, you do not need to hire a large staff. At the same time, the cost of software usually pays off in a few months.
- Gameplay optimization. The system considers the location, the gadget on which the slot machine is played, and the time and duration of the user’s activity on the network. The algorithm then delivers the highest individual conversion, generates more revenue, and enhances the experience for each customer. At the same time, the data remains isolated and protected from third parties and fraudulent activities.
- Imitation of a live game with an opponent. The system is programmed for zero profit. Neural networks calculate the opponent’s move, take into account their reaction, and make realistic pauses before the next move. The behavior and the strategy of a real player are taken into account at each next game.
AI Functions that Make Online Casinos Safe Places
Below are the AI features that make online gambling a safe and fun experience for everyone involved:
- Analysis of the fraudster’s actions, taking into account all previous fraud cases on the network. AI acts according to the prescribed rules and customizes the situation for a specific case. This helps gambling platforms plan the most effective actions to prevent cheating.
- Prompt response in real-time. The computer recognizes a scammer attack in less than a second and launches the protection protocols. This helps gambling platforms protect their players’ funds and avoid in-game damage claims.
- User identification on the network. A two-three-stage player recognition system protects the player’s account from third-party interference.
- Analytic function. The system independently collects and examines data from the entire network. Based on the analytics, fraudsters’ most vulnerable zones for attack are determined, and barriers are set.
- Financial risk estimation. The system sets alarm thresholds and does not unnecessarily force the player to go through multiple levels of verification.
Future Prospects
AI is definitely the future. The abilities of AI and the possibilities of its applications will only improve over time. And since within the framework of modern realities, our business and private lives are gradually moving from offline to online mode, the future also belongs to online gambling.
And all the above once again confirms that online casinos are ideal places to spend your leisure time: they are safe, reliable, and entertaining.