The areas of application of ChatGPT for betting have increased enormously with the further development of AI in recent years. While initially only the evaluation of historical data was possible and at the same time prone to errors, comprehensive analysis options are now available with a little know-how. So use this guide for your next 22Bet login.
Wettbasis provides an overview of the potential use of ChatGPT for betting.
WHAT IS CHATGPT?
ChatGPT is a chat bot based on artificial intelligence that has a wide range of capabilities. GPT stands for ‘Generative Pre-trained Transformer’. The technology answers questions posed, analyses and prepares data, writes texts and conducts increasingly natural conversations with the human counterpart – without any thinking or research time.
The AI behind ChatGPT enables interaction that delivers faster and more comprehensive information and still feels natural. It is conceivable that in the future, people will believe the words of ChatGPT’s AI for sports betting more than tip recommendations from friends based on their enumerated arguments.
1) Detailed betting recommendations
Even if the developers of ChatGPT protect themselves with the AI’s statement that ChatGPT cannot make betting recommendations, the bot still provides information, especially if it is based on statistics.
If you ask ChatGPT who will win the Dortmund vs Schalke match, you will not receive an answer. However, if a prediction based on statistics is requested for the upcoming Dortmund vs Schalke match, for example, ChatGPT will provide helpful answers if the wording is appropriate.
2) Historical statistics processing
ChatGPT determines all desired historical data within seconds. Direct duels, tabular facts, winning streaks or goal scorers are easily processed.
All the data can of course also be read out on Wettbasis.com or other statistics portals, but the time factor is again the clear benefit here.
3) Betting analysis that goes beyond stats
The application of ChatGPT for sports betting does not stop at statistical data. For example, the AI-based bot can surmise the tactics of clubs for a match. For example, ChatGPT can tell the bettor that Darmstadt will try to be defensively stable against FC Bayern and aim to score on the counter-attack.
Analysis factors such as the weather or the advantage of home games are now also recorded without any worries.
4) Live betting analysis in real time
Artificial intelligence enables real-time analysis during a match. This may support live betting when game situations change.
In addition, interaction with the ChatBot makes it possible to enquire how a team is prepared for certain match situations. For example, ChatGPT can be asked for live betting purposes when a team last won at home despite being behind.
5) Develop betting strategies
ChatGPT is a helpful tool for developing, refining or reviewing betting strategies. Real strategies can be scrutinised (for example, whether it is worth betting in a certain pattern).
But also betting models (money management) in connection with an existing budget help to choose more suitable bets.
6) Build up sports betting knowledge
Wettbasis has a wealth of guide articles that make betting easier. The articles written by professionals for advanced bettors are particularly valuable.
ChatGPT can also provide sports bettors with simple information on betting basics. For example, what a handicap bet is or what is meant by money management. Communication with the ChatBot therefore enables increased basic sports betting knowledge.
ChatGPT can convert odds into various formats or help with the preparation of probabilities of occurrence.