“I had a 58 percent win rate - needed 53 percent to clear the books and actually make some money.” “I would call it successful,” said Ben Jensen, a data scientist who built an AI model to bet on basketball games during his final year of a master’s program at Arizona State University. Others are building AI betting models of their own. Websites like, an online platform affiliated with CBS Corporation, offer AI-generated betting predictions for a fee.
Last year in Arizona, they alone wagered $6 billion. Some gamblers claim that AI has made them thousands of dollars, and experts say the technology could cause significant changes in the multi-billion dollar industry. PHOENIX (3TV/CBS 5) - The world of sports betting is undergoing a technological revolution, with gamblers increasingly harnessing the power of artificial intelligence to hone their bets.
