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Meet the Guys Betting Big on AI Gambling Agents

When Carson Szeder turned five dollars into more than a thousand by betting on an NFL game last year, he knew he was onto something major. “Definitely my biggest win,” he says. He hadn’t scored because he was especially deft at football analytics—or because he was particularly lucky. Instead, he says he used an AI program to help him decide how to gamble. Since a federal ban on sports betting was struck down in the United States seven years ago, gambling on the internet has exploded in populari

Robinhood Tries to Rebrand Sports Betting as Investing

Robinhood has gotten a reputation as a platform where people make wildly speculative investments without sufficient guardrails. So it’s only right that it’s getting into the sports betting business. The company announced on Tuesday that it is launching “prediction markets” for college and professional football as part of a partnership with Kalshi. According to the company, it’ll start listing “contracts” for NFL and NCAA games in the coming days, with plans to make each matchup open for two wee