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Tuesday 31 August 2021

Will AI make change the perspective of horse racing bettors?

Horse racing is one of the most thrilling sports in the world and few events can match watching the best in the business compete for the major prizes on offer. It’s all the more exhilarating when you have a bet on the action and your horse crosses the line in pole position. 

Whether you painstakingly studied the form guide or just had a hunch on the day, there is an immense feeling of satisfaction with earning a win at the track. Those wins might actually become more common with the use of technology. 

Artificial intelligence is breaking into the world of horse racing betting, offering punters the opportunity to narrow down their options for the leading meets in the United Kingdom and Ireland. You can scour the best offerings from experts on TV or social media and you will no doubt get excellent views, although human nature means that there is bound to be an element of bias. 

AI provides professional horse racing tips while using technology to decipher through the best horses for a particular meet. The AI system considers all the key criteria for a contest, including the form, pedigree, weather and the ground on the day of the race. All of those conditions are inserted into an algorithm before the system calculates the horse with the best chance of winning. All the bias is removed from the equation as the AI bases its conclusion on the facts of the matter.

It could be the way forward when considering a bet on the British Champions Series in October. Palace Pier has been one of the best horses of the 2021 flat season. He has excelled by winning the Queen Anne Stakes at Royal Ascot and the Jacques le Marois at Deauville. John and Thady Gosden’s charge is considered the leading contender for the Queen Elizabeth II Stakes at Ascot to end the flat campaign in England. 

All the signs point to Palace Pier dominating the contest, even with the presence of a talented horse in the form of Baaeed. Normal tipsters would point in the direction of Palace Pier given his excellence over the course of the term, but there could be factors that might be overlooked, and another contender such as Baaeed or even the 2,000 Guineas winner Poetic Flare could be the viable option for the race.

Given the value of other horses compared the favourite Palace Pier it would be worth considering another option. Poetic Flare was only beaten by a neck in a showdown with John and Thady Gosden’s charge in Deauville, which proves that there is little between the two competitors. He too has a victory under his belt at Royal Ascot in the 2021 campaign, winning the St James's Palace Stakes. 

You do not have to use AI as a the only tool for selecting horses to have a bet on. It can be utilised as a supporting option for your conclusions, but it might just make you consider all the factors involved in a race rather than the ones that immediately leap off the page.

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