Some promising people are pushing for agents that can actually stock up rather than just provide skills, but the field has started roughly. Tom Fleetham previously served as head of business development for a blockchain platform called Zilliqa, which experimented with AI gambling agent Ava, focusing on picking horse racing champions. “She has a good analysis and it works very well,” he said. “The hard part is actually trying to bet.”
Fletthem claims the company cannot bet reliably using its crypto wallet in time. “It took forever,” Fletham said. “We gave up.”
YouTube dabbles in tutorials on how to create and manage gambling agents that can be bets on behalf of humans. But again, these services don’t seem to be minting new millionaires, or even multimillionaires. YouTuber Siraj Raval has posted a video on how to make money with AI, and he promotes a side project called Wagergpt on his channel. He claims the tool is able to place bets, and he charges people $199 a month for access. “As of eight months ago, I implemented a feature that allows Wagergpt Place Bets to bet. Now, this is available for users full-time.” According to Raval, Wagergpt scanned more than 40 sports books and “spotted with various variables that humans cannot.” Ravel invites Wirired to join his claimed telegraph group, filled with people using Wagergpt, but the channel is largely inactive, and most recent news is questions about what is happening to the service. “It’s totally dead,” said Pete Sanchez, one of the participants. “A waste of money.”
Since AI agents cannot control traditional bank accounts, most fully automatic betting products are concentrated on sports gambling websites and forecasting markets that assume cryptocurrencies, just as many agents can and do operate crypto wallets. Coinbase’s agents are one of the largest mainstream projects, allowing AI agents to conduct various transactions on behalf of humans. It imagines a world where agents can perform many financial transactions, from buying air tickets to trading cryptocurrencies, and yes, betting on sports. Lincoln Murr, AI product manager at Coinbase, said many of the early use cases for agents were “speculatively speculative” and noted that he didn’t see anything particularly successful. “I don’t know the real profitability of these agents,” he said, the one he’s been following is called father. The project describes itself as an “agent sports hedge fund” and operates as a DAO. (In cryptographic terms, DAO refers to a power autonomous organization, a community owned by members using blockchain-based contracts). “These types of things are the direction we are going to lead,” Murr said.
The father (formerly known as Draiftking, but had to rebrand for legal reasons) is restarting. Max Sebti, CEO of its parent company Score Score, said the company combines public and private data and “computer vision technology for watching games” to get the latest information to determine the winning bet. Score’s business model is a complex mix of encryption and gambling. Ultimately, the company plans to allow anyone to transfer the dollar to a wallet and then convert it into a stable wallet. Thereafter, the plan is that SIRE’s AI agents will raise funds through payments from other customers and place bets on decentralized sports book and forecast markets that accept cryptocurrencies including Polymarket. Then, Sebty said the gentleman would redistribute the bonus to the community. Septi describes the initiative as a “very stable hedge fund product.” Anyone can add money to their wallet, but to get the bonus, a “performance fee” must be paid, which must be paid to the father, and if the customer buys the company’s crypto tokens, it can be reduced. The service comes from this month’s Beta.
