Pro gambler vs AI: $1M March Madness wager

AI vs. pro gambler's $1 million March Madness bet coming down to Duke and Houston

IS DIGGING INTO THE NUMBERS. MIKE ERIKA. IT HAS BEEN TWO YEARS SINCE LEGAL SPORTS BETTING CAME TO MASSACHUSETTS. IT’S A MASSIVE MONEYMAKER, AND IF LAST YEAR IS ANY INDICATION, MARCH WILL END UP BEING A TOP MONTH FOR GAMBLING ON SPORTS. MARCH MADNESS HERE IN MASSACHUSETTS. OUR TEAMS AREN’T PLAYING IN THE FINAL FOUR MENS AND WOMEN’S D1 NCAA TOURNAMENTS, BUT IT APPEARS A LOT OF MASSACHUSETTS MONEY WILL BE BETTING ON THE BIG GAMES. REVENUE FIGURES FROM THE MASSACHUSETTS GAMING COMMISSION REVEALED JUST HOW MUCH MONEY HAS BEEN SPENT IN THE LAST TWO YEARS. GAMBLERS HERE FORKED OVER A WHOPPING 14 BILLION ON SPORTS BETTING. THAT’S NEARLY $2,000 SPENT BY EVERY SINGLE PERSON IN MASSACHUSETTS. MOST OF THAT WAS SPENT ONLINE. LAST MARCH WAS THE PEAK MONTH FOR SPORTS BETTING IN THE FIRST HALF OF 2024. WE ARE A SPORTS CRAZED AREA. MARLENE WARNER IS CEO OF THE MASSACHUSETTS COUNCIL ON GAMING AND HEALTH. DO THESE HUGE DOLLAR AMOUNTS SURPRISE YOU? NOT REALLY. I MEAN, I WISH I COULD TELL YOU THAT THEY SURPRISED ME, BUT THEY REALLY DON’T. AND THE REASON FOR THAT IS THAT MASSACHUSETTS IS A STATE THAT LIKES TO GAMBLE. WE HAVE THE MOST PROFITABLE LOTTERY IN THE WORLD. THE GAMBLING LICENSEES AND THE STATE ARE CASHING IN WHEN GAMBLERS LOSE. OF THAT $14 BILLION IN SPORTS BETS OVER THE PAST TWO YEARS, RETAIL AND ONLINE LICENSEES MADE 1.3 BILLION. AND THE STATE COLLECTED ALMOST 250 MILLION IN TAXES. I THINK THAT A LOT OF PEOPLE DON’T GO INTO SPORTS WAGERING WITH THEIR EYES WIDE OPEN. WARNER SAYS KIDS ARE ESPECIALLY SUSCEPTIBLE. WE’RE HEARING EVERY DAY ABOUT PARENTS WHO ARE OPENING ACCOUNTS WITH SOME OF THE MAJOR SPORTS OPERATORS FOR THEIR KIDS SO THAT THEY CAN PLAY MARCH MADNESS. THAT’S COMPLETELY ABSURD. HERE’S HER ADVICE FOR PEOPLE BETTING ON THE NCAA TOURNAMENTS OR ANY OTHER SPORTS. UNDERSTAND WHAT THE ODDS ARE. MOST PEOPLE HAVE NO IDEA WHAT THE ODDS ARE WHEN THEY’RE GAMBLING. MAKE SURE YOU HAVE A BUDGET FOR THAT AND DON’T EXCEED IT. BETTING ON D1 SPORTS PLAYED BY MASSACHUSETTS COLLEGES IS NOT ALLOWED DURING THE REGULAR SEASON. HOWEVER, IT IS LEGAL DURING A TOURNAMENT LIKE MARCH MADNESS. IF YOU OR SOMEONE YOU KNOW HAS A GAMBLING PROBLEM, YOU CAN CALL

AI vs. pro gambler's $1 million March Madness bet coming down to Duke and Houston

The $1 million March Madness wager between a pro gambler and an artificial-intelligence site will be decided by the winner of the Duke-Houston game in the Final Four.The Vegas bookies project the gambler, who picked 5 1/2-point favorite Duke, should win.The AI platform 4C Predictions, which picked Houston, says that's why it's smarter than them.The bottom line: both pro gambler Sean Perry and the 4C's AI program have done very well over the first 60 games of the tournament. Perry has missed only 13 picks. AI has missed only 10. They both picked all the Final Four teams correctly.Alan Levy, who runs the 4C site, says ChatGPT �� who else? �� says getting 50 of 60 correct places AI in the 95th percentile of all humans “which has gone beyond even what we expected at the start.”The leaders in some of the multimillion-person bracket pools on ESPN, Yahoo and CBS are getting 55 or 56 picks right.Both pickers chose Auburn to win in Saturday's other semifinal. Though AI has gotten more right, it could still lose because the picks become worth more points as the tournament progresses.Video below: Duke head coach answers question about Cooper Flagg's futureThe tournament has largely been a bust for people who love upsets �� good news for both these brackets, which largely stayed away from picking them. Both had Memphis and St. John's winning multiple games. Memphis fell to Colorado State in the first round and St. John's was gone after the second.Levy said he is still analyzing Perry's offer to increase the bet to $10 million.“My prediction?�� Levy wrote in an email. “You’ll be joining me and the 4C team in all the celebrations" after Saturday's game.

SAN ANTONIO —

The $1 million March Madness wager between a pro gambler and an artificial-intelligence site will be decided by the winner of the Duke-Houston game in the Final Four.

The Vegas bookies project the gambler, who picked 5 1/2-point favorite Duke, should win.

The AI platform , which picked Houston, says that's why it's smarter than them.

The bottom line: both pro gambler Sean Perry and the 4C's AI program have done very well over the first 60 games of the tournament. Perry has missed only 13 picks. AI has missed only 10. They both picked all the Final Four teams correctly.

Alan Levy, who runs the 4C site, says ChatGPT �� who else? �� says getting 50 of 60 correct places AI in the 95th percentile of all humans “which has gone beyond even what we expected at the start.��

The leaders in some of the multimillion-person bracket pools on ESPN, Yahoo and CBS are getting 55 or 56 picks right.

Both pickers chose Auburn to win in Saturday's other semifinal. Though AI has gotten more right, it could still lose because the picks become worth more points as the tournament progresses.

Video below: Duke head coach answers question about Cooper Flagg's future

The tournament has largely been a bust for people who love upsets �� good news for both these brackets, which largely stayed away from picking them. Both had Memphis and St. John's winning multiple games. Memphis fell to Colorado State in the first round and St. John's was gone after the second.

Levy said he is still analyzing Perry's offer to increase the bet to $10 million.

“My prediction?�� Levy wrote in an email. “You’ll be joining me and the 4C team in all the celebrations" after Saturday's game.

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AI vs. pro gambler's $1 million March Madness bet coming down to Duke and Houston

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