Australia

Tabcorp to Use AI to Boost Sports Wagering Operations

Published

4 years ago

August 20, 2021

Niji Narayan

Reading Time: < 1 minute

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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Niji Narayan

Niji Narayan has been in the writing industry for well over a decade or so. He prides himself as one of the few survivors left in the world who have actually mastered the impossible art of copy editing. Niji graduated in Physics and obtained his Master’s degree in Communication and Journalism. He has always interested in sports writing and travel writing. He has written for numerous websites and his in-depth analytical articles top sports magazines like Cricket Today and Sports Today. He reports gaming industry headlines from all around the globe.