Published on March 26th, 2022 | by Bibhuranjan0
How Online Gambling Platforms Get Benefit From AI Technology?
Artificial Intelligence (AI) has undeniably created waves in a variety of industries. AI is currently transforming online casino experience, moving away from business and marketing and toward technology and healthcare. Think about what AI technology can achieve for your favorite online card games like Blackjack and Baccarat. In light of this, here are five ways AI can revolutionize the gambling industry.
Ensure a Level Playing Field
In keeping with the previous argument, AI can detect dishonest players and level the playing field.
As proof, legal gambling sites in Thailand utilize AI to track a specific player’s behavior via CCTV surveillance. Someone who consistently wins in Blackjack prefers to play the game swiftly. This could be a red flag that he’s deploying a bot to gain an unfair competitive advantage.
If the operators can put a stop to players who use deceptive tactics, it ensures that everyone has an equal opportunity to win.
Furthermore, casino operators can employ AI to gather data pertinent to system gaming. They can do a site-wide and simultaneous gamer behavior analysis as the data accumulates. They can therefore keep track of numerous players at the same time.
Identify and Eliminate Cheating Players
They can monitor a player’s conduct and expression using CCTV records and security information. They can then suspend the account of anyone suspected of cheating.
The one exception is that when it comes to spotting dodgy gamblers, online casinos have a disadvantage. After all, casinos can’t put up surveillance cameras or employ vigilant security personnel at a player’s home.
Reduce Addiction to Gambling
This technique can be used to examine player data for indicators of addiction. It could be as basic as keeping track of a player’s growing credit as a result of continued betting.
Regardless, the casino business does an admirable job of promoting safe gambling. Also, legal gambling sites in Thailand have authority to suspend a user’s account if he exhibits signs of addiction.
As previously said, AI can assist casino operators in maximizing their profits. Putting club cards together and loyalty points with data collection and analysis makes this possible. Operators can then determine what motivates a player.
For example, a player may opt to keep his winnings in a bank account and withdraw them after they reach a particular sum. You can run a promotion to entice him to take his funds sooner rather than later. Another option is to increase the withdrawal cost for huge amounts.
Enhance UX and CX
They’d gather data and analyze it with a sophisticated algorithm to figure out why a player prefers one game over another. Casinos would then be able to see why Baccarat is so popular compared to Roulette.
Casino operators can attract and retain players by collecting and analyzing data. As a result, they will be able to increase their profit margins. Casinos, on the other hand, can provide customized gaming experiences and promos. On top of that, casinos currently deploy an impersonal customer service chatbot.
Online gambling is one of the world’s fastest-growing industries. AI is the most crucial of major changes because it contributes to the casino’s security and software optimization.