New AI Sports Betting Product Now Available in Malta

Due to the novel Coronavirus and its direct impact on live matches and the related sports betting market, INTRALOT and Malta Lotteries have launched an ingenious AI product that will get sports fans excited again. 

Dr. Chris Dimitriadis, CEO of INTRALOT, said:  

“With the addition of U*BET Simulated Reality, we remain committed to offering a world-class betting experience to our partner in Malta and help them create a more engaging relationship with their players.” 

U*Bet Simulated Reality, deployed by INTRALOT in collaboration with the Maltese subsidiary Maltco Lotteries, hopes that this new sportsbook offering will enhance the already prestigious market of Maltco Lotteries in Malta. 

Located at selected retailers (who all maintain the strictest safety and social distancing protocols), players can hone their skills as they attempt to align their predictions with the information provided by high-tech computer software algorithms. 

 Simulated Reality Events 

The introduction of Simulated Reality Events gives players the chance to use AI and place bets on simulated games that are programmed to accurately reflect the duration, flow and rules of an actual match.  

Vasileios Kasiotakis, CEO of Maltco Lotteries, commented on the new product: 

“As the pioneers and leaders of betting in Malta, we feel committed to offer the most comprehensive sports betting product to our retailers in order to offer an unmatched gaming experience inside the shops, operating within a safe environment, practicing social distancing measures, following the Anti Money Laundering regulations and providing entertainment through a vast portfolio of games which have been specifically designed on responsible gaming principles.” 

Using statistics and the data provided by real sports teams, these generated events involve advanced mechanics and a certified Random Number Generator to determine results. 

 How AI Sportsbetting Works 

Simulated Reality Events, supported by SPORTRADAR, are AI-driven simulated matches created using computer software that can accurately reflect the flow, duration and rules of the real sport. Players then use the data provided to attempt a prediction at the outcome of the match and place their bets accordingly.  

While the events will mainly be focused around football, simulated tennis matches will also be available for your betting pleasure. In terms of the range of football options at your disposal, you will have data from the English Premier League, Italian Serie A, Spanish La Liga, German Bundesliga, French Ligue 1, UEFA Champions League and Europa League at hand to make your predictions and potentially win big! 

Games are played out over a full 90 minutes with vast betting markets available to choose from so that you have the best possible chance at a positive outcome.