Posted 4/5/2024, 6:05:00 AM
AI Vulnerabilities in Sports Betting Sites Raise Concerns of Hacking During Major Events
- AI sports betting platforms can be exploited by hackers to manipulate odds and steal money
- Cyberattacks on sports betting sites could cost companies billions during major betting events like March Madness
- AI algorithms can be programmed to attack vulnerabilities in online gambling systems
- Experts estimate over $18 billion could be lost from AI hacking during NCAA basketball tournaments
- While AI tools can help bettors, responsible gambling, with set budgets, is still important