Take Szeder, founder of the AI gambling startup MonsterBet, says his tools give customers an edge. “We have some people who are probably hitting around 56 to 60 percent of the time, myself included,” he claims. (Standard odds are around 52 percent.)
Szeder, a computer science major, first started building sports betting algorithms as an undergrad, at the behest of his college buddies who loved to gamble.
He began incorporating AI into these experiments at the beginning of 2025, when he created an assistant called MonsterGPT to select bets on professional sports in the US. It uses projection models he designed combined with information scraped from across the internet.
MonsterGPT accesses web scrapers through retrieval-augmented generation (RAG), a process that allows AI tools to incorporate new data from external sources on top of their training materials.
Now, Szeder is trying to turn his hobby into a full-blown business, which he promotes on social platforms with posts like “Here’s How I Made $1.2K From My Sports Betting Software Yesterday.” He charges $77 a month for access to MonsterGPT and other tools.
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