New Era

Artificial Intelligence

when

<p>I think we can all agree that horse racing is a social sport, right? But does technology have that much of an impact on it? Well, the stats say that it does.</p> 
<p>Over the last couple of years, horse racing has grown in popularity, especially among the younger tech-oriented generation, and this is not a coincidence. Even though it might feel odd to talk about horse racing staying in trend with the latest technological advancements, it was something that needed to be done to ensure a positive <a href="https://technext24.com/2022/11/21/3-sports-tokens-fifa-world-cup/">future for the sport</a>.</p> 
<p>You may consider horse racing as an age-old sport carefully tied to tradition, but in reality, it is something very different. Nowadays, horse racing is infused with technology, and best of all, the sport follows the latest tech advancements we are seeing constant changes.</p> 
<p>We have technology in breeding, training, and races, which is pretty much every aspect of the sport.</p> 
<p>So, what about social tech? How does social tech impact horse racing and can it really add a new feel to the sport?</p> 
<h5 id="enhanced-fan-engagement" class="wp-block-heading">Enhanced Fan Engagement</h5> 
<p>Fan engagement is probably one of the most important things when it comes to a sport’s popularity and things are no different with horse racing. Fortunately, there are some technological advancements that have made the sport more accessible, more entertaining, and more viewer-oriented.</p> 
<p>We are talking about technologies that change how we interact with sport or how we watch the races. Giving people a different perspective is a great thing and can bring a lot of excitement and drama to the sport.</p> 
<p>But what’s changed in terms of fan engagement?</p> 
<p>Well, we have virtual reality (VR) and augmented reality (AR), which are currently redefining how we experience sports in the first place. Horse racing is all about the experience of these events, and watching the race online or on TV doesn’t do the sport justice.</p> 
<div class="wp-block-image"> 
 <figure class="aligncenter size-full">
  <img loading="lazy" decoding="async" width="750" height="354" src="https://technext24.com/wp-content/uploads/2020/07/gaming.jpg" alt="Social tech helping to revive horse racing" class="wp-image-84220" srcset="https://technext24.com/wp-content/uploads/2020/07/gaming.jpg 750w, https://technext24.com/wp-content/uploads/2020/07/gaming-300x142.jpg 300w, https://technext24.com/wp-content/uploads/2020/07/gaming-640x302.jpg 640w, https://technext24.com/wp-content/uploads/2020/07/gaming-380x179.jpg 380w, https://technext24.com/wp-content/uploads/2020/07/gaming-550x260.jpg 550w, https://technext24.com/wp-content/uploads/2020/07/gaming-600x283.jpg 600w" sizes="(max-width: 750px) 100vw, 750px">
 </figure>
</div> 
<p>There is fashion, food, and high-end culture that surrounds the sport, and the best way to experience it is by going to a race. Or is it?</p> 
<p>We now have VR and AR that offer the closest experience to the real deal. These technologies can put viewers in the middle of the track or on the grandstand and give them a more immersive experience compared to what was possible a few years ago.</p> 
<p>All the things are now going digital, so why not horse racing? After all, not everyone can check the <a href="https://www.twinspires.com/race-tracks/saratoga/" target="_blank" rel="noopener">Saratoga horse racing schedule</a>, book a flight and accommodation, and travel to the US for a couple of days.&nbsp;</p> 
<p>But, with VR technologies, the real-world experience from such events will be much more affordable and accessible to the entire world.</p> 
<p>AR applications, on the other hand, overlay real-time data onto screens, enhancing the viewing experience with detailed statistics and interactive features. These technologies not only make horse racing more accessible but also create new ways for fans to connect and share their experiences​​.</p> 
<h5 id="community-building-connecting-fans-and-stakeholders" class="wp-block-heading">Community Building: Connecting Fans and Stakeholders</h5> 
<p>Social media platforms and specialized apps are crucial for building and maintaining communities within the horse racing world.&nbsp;</p> 
<div class="wp-block-image"> 
 <figure class="aligncenter size-large">
  <img loading="lazy" decoding="async" width="1024" height="576" src="https://technext24.com/wp-content/uploads/2017/08/esports-global-audienc-growth-1024x576.jpg" alt="esports-global-audience-growth- millenials" class="wp-image-1125" srcset="https://technext24.com/wp-content/uploads/2017/08/esports-global-audienc-growth-1024x576.jpg 1024w, https://technext24.com/wp-content/uploads/2017/08/esports-global-audienc-growth-300x169.jpg 300w, https://technext24.com/wp-content/uploads/2017/08/esports-global-audienc-growth-768x432.jpg 768w, https://technext24.com/wp-content/uploads/2017/08/esports-global-audienc-growth-360x202.jpg 360w, https://technext24.com/wp-content/uploads/2017/08/esports-global-audienc-growth.jpg 1100w" sizes="(max-width: 1024px) 100vw, 1024px">
 </figure>
</div> 
<p>Platforms like Twitter, Facebook, and Instagram are not just for sharing race results; they allow fans, trainers, and jockeys to interact, share insights, and build relationships. Dedicated apps for horse racing enthusiasts offer forums, live chats, and exclusive content, fostering a sense of community and shared passion for the sport​​.</p> 
<h5 id="ai-powered-social-insights-smarter-interactions" class="wp-block-heading">AI-Powered Social Insights: Smarter Interactions</h5> 
<p><a href="https://autogpt.net/how-ai-can-change-horse-racing-analysis/" target="_blank" rel="noopener">Artificial Intelligence</a> (AI) is enhancing how fans and stakeholders interact with horse racing data. AI-driven chatbots provide instant responses to inquiries about race schedules, horse stats, and betting odds, making the sport more accessible to newcomers.&nbsp;</p> 
<p>These chatbots can engage with fans on social media, providing a personalized experience that enhances user engagement and satisfaction​​.</p> 
<h5 id="virtual-events-and-live-streaming-a-new-era-of-accessibility" class="wp-block-heading">Virtual Events and Live Streaming: A New Era of Accessibility</h5> 
<p><a href="https://dolby.io/blog/the-digital-rebirth-of-live-horse-racing-how-technology-is-fueling-igamings-rapid-rise/" target="_blank" rel="noopener">Live streaming</a> and virtual events have become essential in connecting global audiences. Platforms like YouTube and Twitch host live streams of races, complete with interactive features such as live chats and real-time commentary.&nbsp;</p> 
<p>Virtual events, including webinars and Q&amp;A sessions with jockeys and trainers, offer fans unprecedented access to the inner workings of the sport. This not only keeps fans engaged but also attracts a broader audience by breaking down geographical barriers​​.</p> 
<div class="wp-block-image"> 
 <figure class="aligncenter size-large">
  <img loading="lazy" decoding="async" width="1024" height="683" src="https://technext24.com/wp-content/uploads/2017/08/Esports-Olympic-medal-2024-Polygon-1024x683.jpg" alt="Social tech helping to revive horse racing" class="wp-image-1129" srcset="https://technext24.com/wp-content/uploads/2017/08/Esports-Olympic-medal-2024-Polygon-1024x683.jpg 1024w, https://technext24.com/wp-content/uploads/2017/08/Esports-Olympic-medal-2024-Polygon-300x200.jpg 300w, https://technext24.com/wp-content/uploads/2017/08/Esports-Olympic-medal-2024-Polygon-768x512.jpg 768w, https://technext24.com/wp-content/uploads/2017/08/Esports-Olympic-medal-2024-Polygon-640x427.jpg 640w, https://technext24.com/wp-content/uploads/2017/08/Esports-Olympic-medal-2024-Polygon-380x253.jpg 380w, https://technext24.com/wp-content/uploads/2017/08/Esports-Olympic-medal-2024-Polygon-550x367.jpg 550w, https://technext24.com/wp-content/uploads/2017/08/Esports-Olympic-medal-2024-Polygon-800x533.jpg 800w, https://technext24.com/wp-content/uploads/2017/08/Esports-Olympic-medal-2024-Polygon-1160x773.jpg 1160w, https://technext24.com/wp-content/uploads/2017/08/Esports-Olympic-medal-2024-Polygon-1280x853.jpg 1280w, https://technext24.com/wp-content/uploads/2017/08/Esports-Olympic-medal-2024-Polygon-760x507.jpg 760w, https://technext24.com/wp-content/uploads/2017/08/Esports-Olympic-medal-2024-Polygon-1100x733.jpg 1100w, https://technext24.com/wp-content/uploads/2017/08/Esports-Olympic-medal-2024-Polygon-600x400.jpg 600w, https://technext24.com/wp-content/uploads/2017/08/Esports-Olympic-medal-2024-Polygon.jpg 1500w" sizes="(max-width: 1024px) 100vw, 1024px">
 </figure>
</div> 
<h5 id="interactive-betting-platforms-engaging-and-social" class="wp-block-heading">Interactive Betting Platforms: Engaging and Social</h5> 
<p>Modern betting platforms are incorporating social features to enhance the betting experience. Users can share their bets, track friends’ wagers, and even participate in betting pools. These platforms often include chat functions and forums where bettors can discuss strategies and share tips, turning the solitary activity of betting into a communal experience​​.</p> 
<h5 id="social-media-analytics-tailoring-content-to-fans" class="wp-block-heading">Social Media Analytics: Tailoring Content to Fans</h5> 
<p>Leveraging social media analytics, horse racing organizations can better understand fan preferences and tailor their content accordingly.&nbsp;</p> 
<p>By analyzing likes, shares, comments, and other engagement metrics, these organizations can deliver more relevant and engaging content, from behind-the-scenes footage to exclusive interviews with jockeys. This personalized approach helps keep fans engaged and invested in the sport​​.</p>
<p>The post <a href="https://technext24.com/2024/08/15/social-tech-helping-revive-horse-racing/">Social tech helping to revive horse racing</a> first appeared on <a href="https://technext24.com">Technext</a>.</p>

Social tech helping to revive horse racing

Technext.ng

Other articles published on Aug 15, 2024

Tron Network Surpasses Ethereum’s Revenue in the Last 90 Days

OKX to Launch Spot Trading for ARKM, PIXEL, and BOME

Weekly Article Recap: 8/05-8/09

XRP $3 Billion Drop: What Happened With Volume?

Cronos zkEVM Launches Its Alpha Mainnet on ZKsync (15 Aug)

Alabama legislator pushing for crypto and blockchain bill for next year

Join our free newsletter for daily crypto updates!