When the Terminator was sent back to 1984 from 2029, the audience of the movie took it as a purely fictional phenomenon. Now, we’re in the year 2022 and 38 years have passed since the movie came out. Although time travel is still purely fiction, the rise of AI is not.

AI or Artificial Intelligence, has been one of the most influential inventions to date and it’s still evolving. In fact, it has managed to touch every major industry in the world.

The focus of our discussion today is the impact of AI on the iGaming industry in India as well as the rest of the world. But before we delve too deep into the matter, let’s take a quick look at what AI is and how it works.

What is AI and How Does it Work?

If we simply reiterate the textbook definition of AI, it wouldn’t bring any value to the context. Rather, let’s take a look at some real-life examples.

Think of Tesla. The revolutionary name in terms of fully-electric vehicles. As years go by, cars become more independent and safer. How do you think is that possible? You guessed it right! With the help of AI!

AI is a system that can accept data and process them to come up with new patterns. The Tesla engineers input millions of data regarding optimal control settings of the car, different road conditions, driver behavior, and whatnot! The AI then processes all of the data and learns.

As a result, the cars become safer with every iteration. It can learn more ways to save lives than humanely possible. That’s pretty much how AI works across every industry.

Now, let’s move on to explore how it’s impacting the iGaming world.

Impact of AI in iGaming

As of now, the iGaming sector is one of the greatest areas for inventors and visionaries. Starting from the first RNG game to the modern-day live casino online in India, AI has been a part of the industry every step through.

Here are the most prominent areas where AI has changed the course of the industry.

Safer Gambling

The biggest benefit is undoubtedly the safer environment for gaming for players. Years of recorded data paired up with data science allowed providers and developers to detect problematic behavior quickly.

By problematic behavior, we mean both unfair gaming practices as well as problem gambling. AI ensures a fair and safe gaming environment by autonomously detecting patterns in the background.

As a result, operators can detect anyone trying to manipulate the system as well as isolate players who’re spending way more on games than they should.

Massive Advancement in Live Casinos

OCR is currently the backbone of the live dealer gaming industry not just in India, but all over the world. It’s the Optical Character Recognition technology that makes it possible for the console to pick on the game results instantly.

To make it happen, the developers had to input massive data sets into the algorithm. Although OCR is not entirely AI-based, it has helped make the games more immersive, enjoyable, and safer at the same time.

Human Labor is Barely Needed

This is somewhat of an extension of the previous impact but scaled across the industry. When things are manually controlled or even software-driven, there’s a need for constant human supervision.

But the introduction of AI can dramatically reduce the percentage of supervision needed. It’s a blessing and a curse at the same time.

It’s a blessing because the operations of an online casino become more efficient and accurate. Machines don’t make mistakes. They just interpret what humans can provide them. So, the human error factor can be eliminated.

However, it also means lots and lots of people can lose their jobs. If human labor is no longer necessary, it’s not feasible for casino operators to pay for manual labor. If enough substitute positions are not created, it might lead to bigger problems in near future.

More Personal Touch

Who doesn’t like personalized approaches? If you went into a restaurant and the dΓ©cor was just what you like or if the menu was full of your favorite dishes, wouldn’t it be awesome?

Somewhat similarly, the introduction of AI can and will result in more personalized approaches in iGaming.

For instance, if you’re more comfortable with table games rather than slots or live dealers, your account will be personalized based on these parameters. You’ll get easier access to the games you most relate to. We won’t be surprised if you see your preferred bet value selected in advance!

The biggest real-life example of this phenomenon is your very own internet experience. It’s pretty much granted that the results that’ll show up on your Google search will not be the same for another person.

These big media corporations heavily use AI to track user behavior and personalize the experience. Although it’s still early to fixate on the impact of personalization in iGaming, it’s safe to say it’s going to be massive.

Betters Odds in Sports Betting

In traditional practice, the odds and other parameters at online sportsbooks are calculated by in-house analysts. Although mostly correct, there’s always room for human error. And this is one of the biggest reasons the odds are so dramatically different at different operators.

Slowly but gradually, AI is taking the place of analysts. So, you can expect better and more accurate odds. Not only that but you can expect more accurate predictions based on real-time data such as weather or athlete injury.

Final Words

The beauty of Artificial Intelligence lies in the diversity of applications. It not only influences the iGaming world but AI is having an impact on our everyday life too. It’s a trend that still picking up speed and we are excited to see its impact on the world of iGaming as the popularity of the industry peaks.