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Topic: AI agents will bring a new gambling experience - page 3. (Read 387 times)

legendary
Activity: 3346
Merit: 1134
Leading Crypto Sports Betting & Casino Platform
Vegas is screwed?
They have the money so will probably just adapt. There's no screwing one of the biggest and most popular gambling places in the world. They will always find a way and I bet they are already making some plans on how they will get the upper hand or worse, on how they will stomp this type of betting method.
Just like how the tobacco companies are trying to screw the vaping industry, these big companies will do their best (or worst) just so they won't be the ones left behind. Money can do anything and they will probably either buy it or pull it down.
It's a nice introduction but I am more worried about the employees when AI is implemented as they might try to use this and kick out the dealers.
full member
Activity: 238
Merit: 297
Before you judge I think you should try and see what AI agents are capable of, I think Vegas is screwed.

AI agents now has the ability to act extremely quickly as in game events take place.
AI agents can place bets across 10+ on chain sports books all simultaneously the second the player breaks past the defense, there has been nothing more mindblowing than this so far.

It could sound too good to be true but it is true.

Web3 sportsbooksaportabooks will become increasingly more efficient due to the capabilities and volumes of these AI agents.

Something big is coming to gambling world via AI agents.
To take full advantage of AI in gambling, you need to understand how it all works. If I understand correctly, AI will simply follow human commands, or maybe you can ask AI for advice on bets and it will be able to analyze the next bet better than you, but there will still be a luck factor that AI cannot take into account in its forecasts. If you are talking about AI as a way to scale, then I also do not see the point in this yet, or maybe I do not understand something.
legendary
Activity: 2576
Merit: 1655
I try to understand what AI agent means first, and it says that it is a program that can help a individual, so it helps on decision making, and can automate jobs. So with that we can compare it to trading bots right? And if that is the case then it still needed human intervention so set up all the correct parameters so that it make our lives easier in betting. So still it can't move by itself without our commands.

So with that, it might bring new gambling experience, but still it's not it will go and interact with let's say a gambling platform to make the bets for us. So I do not see it screwing Vegas, on the contrary of gamblers will depend on this AI agents, Las Vegas will benefit because there could be gamblers who want to take advantage of this supposedly AI agents.
legendary
Activity: 2548
Merit: 1397
Even AI agents can do those, still, the LUCK is still their enemy. They cannot do something about luck in gambling, let's accept that.
With AI or no AI, LUCK is always our enemy, especially in the games of chance.
Also think also if you misconfigure the AI you are using and could lead you to losses, it could happen.
legendary
Activity: 2814
Merit: 1112
Leading Crypto Sports Betting & Casino Platform
AI only helps gamblers to be able to place bets fasters, not increase the winning rate because if that happens, the casino will be the first party to prohibit the use of AI, and also AI cannot possibly know the exact results of the match so this technology is almost the same as a bot in trading which makes everything more automatic, so no casino, either online or offline, will be messed up by the use of AI.
legendary
Activity: 3108
Merit: 1290
Leading Crypto Sports Betting & Casino Platform
Something big is coming to gambling world via AI agents.
There is nothing big that is coming through AI agents. AI agents does not means people will be able to place bets and be winning than losing. AI agent does not offer high rate winning but it offers ability to place bets fast. This is one of the innovations that I am not interested in at all.
Me too. Honestly, we don't like to be fast in placing bets, but instead, we want to increase the odds of winning. For me, AI does nothing good for us gamblers but for just the casino. 

Despite embracing AI technology, we can't still think that this could bring huge changes in the industry. I know the majority still prefer engaging humans, not robots. And I believe that gamblers will choose casinos to play not because they are using an advanced AI but for the convenience it provides.

So, yes, Vegas is not screwed; they remain one of the leading casinos all over the world. 
 
hero member
Activity: 2758
Merit: 675
I don't request loans~
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Looks like a problem for sports books rather than gambling in general. Still, I'd like to see an actual working example of this first before anything else? Like I reckon if there are AI agents that are capable of doing what you're saying, what stops bookies from using them for the same purpose? In a battle of speed, I reckon bigger companies would have way more capability in improving it compared to an individual. And either way, both usages (by player and bookie) would probably take years before its implemented.
hero member
Activity: 574
Merit: 554
Leading Crypto Sports Betting & Casino Platform
Something big is coming to gambling world via AI agents.
There is nothing big that is coming through AI agents. AI agents does not means people will be able to place bets and be winning than losing. AI agent does not offer high rate winning but it offers ability to place bets fast. This is one of the innovations that I am not interested in at all.
That was how there was so much hype about trading bots that guarantees constant win. But it turned out to be mere speculations because many traders lost money using them. These AI gambling bots will never lead to constant wins. If these boys are real, every gambler will immediately adopt them and casinos will begin to go bankrupt.

AI tools will assist gamblers in analysing games faster and more accurately. It will also help in giving gamblers quick information about a game. But I doubt if there are any that will give people steady wins.
legendary
Activity: 3318
Merit: 1247
Bitcoin Casino Est. 2013
Something big is coming to gambling world via AI agents.
There is nothing big that is coming through AI agents. AI agents does not means people will be able to place bets and be winning than losing. AI agent does not offer high rate winning but it offers ability to place bets fast. This is one of the innovations that I am not interested in at all.

It is to early as you say for AI agents to bring us winning bets and I don't think they will ever will because simply no matter how good an AI agent is, it can never predict the future or the most variable of all which is the referee behavior. As you say placing bets fast is not that helpful at all unless you are dealing with arbitrage betting where I see this fitting well if they can place bets faster and this is not needed at all to play live bets, in arbitrage betting they can place bets before the game begins and an AI agent can help you be really fast in catching the odds needed to do arbitrage betting, this for me is the best scenario where to use it.
legendary
Activity: 1358
Merit: 1565
The first decentralized crypto betting platform
What a load of bollocks. Another one who thinks that AI is going to help him beat the bookies when he hasn't stopped to think that the bookies themselves use AI to set the odds.

How you really trust such tools without a long test?
AI will be used not only by players but also from bookmakers. Potentially no advantage for players since we can assume bookie will be able to have a better tool.

It is simply that there are people selling these AI agents in the same way that they are sold for trading without thinking that in trading the big investment funds also use AI, probably a much better one, and that by handling much larger amounts of money they can influence the market in a way that gives them an advantage over the retail that buys the AI trading bot.
legendary
Activity: 3276
Merit: 3537
Nec Recisa Recedit
How you really trust such tools without a long test?
AI will be used not only by players but also from bookmakers. Potentially no advantage for players since we can assume bookie will be able to have a better tool.
We need years before seeing something suitable. Actually you can use automatic tools for betting like geektoys (only with betfair.com).
legendary
Activity: 1652
Merit: 1208
Gamble responsibly
Something big is coming to gambling world via AI agents.
There is nothing big that is coming through AI agents. AI agents does not means people will be able to place bets and be winning than losing. AI agent does not offer high rate winning but it offers ability to place bets fast. This is one of the innovations that I am not interested in at all.
legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
I have my serious doubts about the actual use of these AI agents or "bots" - we have had same things in trading and they only automate your trades and nothing more.

If you have a similar thing in gambling on sports, you will also be running a similar thing. It will automate the process but will never be able to change your odds. Head to head comparisons are tough - a proper cross sectional study might bring out the real thing, but nobody wants to do that and get spanked by big tech.

Now if they bring in robots do the Live dealer thing, that is a complete turn off, I like to see my dealers live and kicking, no bots, please.
hero member
Activity: 1344
Merit: 540
Before you judge I think you should try and see what AI agents are capable of, I think Vegas is screwed.

In terms of what? For sure if they know that they are screwed then they might as well embrace AI agents.

AI agents now has the ability to act extremely quickly as in game events take place.
AI agents can place bets across 10+ on chain sports books all simultaneously the second the player breaks past the defense, there has been nothing more mindblowing than this so far.

It could sound too good to be true but it is true.

Web3 sportsbooksaportabooks will become increasingly more efficient due to the capabilities and volumes of these AI agents.

Something big is coming to gambling world via AI agents.

And if gambling betting or experience will be more efficient, then gambling platforms are going to benefit from it? Even Las Vegas too, so it's a win-win for them so I'm not really sure what's your point of saying that they are going to be screwed by AI. They won't simply just adapt and evolved as well, gambling is a billion dollar business in Vegas and they won't simply go extinct because of AI.
full member
Activity: 2590
Merit: 228
Before you judge I think you should try and see what AI agents are capable of, I think Vegas is screwed.
That is a huge conclusion to throw around. I do not think Vegas is screwed. They do not seem to be struggling and they continue to be one of the cities to go to for gambling. Online gambling is now on the rise but there is still some lure into physical casinos especially the big fancy ones because it is not all just about the gambling itself but also the environment and the overall experience.
Quote
Something big is coming to gambling world via AI agents.
I can see that but just like other AI tech all over the world, all of them are still not at their best imo. They need more time and more perfecting for it to screw up Vegas like you said. But I do not doubt that it could happen just not now.
member
Activity: 196
Merit: 60
As far as I know, on-chain sports books are quite slow, especially when placing bets during live betting. If you think AI agents can beat in terms of speed (exploiting time difference for updating odds) you might be right but this scenario will only last temporarily as casino owners will quickly fix that.
Regarding any other -ve games casinos will always have an edge so there is no question of AI agents beating casinos in the long term.
Having said that there are a few areas where this might make sense like RTA (real-time assistance) in Poker with AI agent which can quickly scan through GTO strategies will be much more difficult to identify let alone ban.
Another one is it might help gamblers to stay away from emotional aspects which can lead to more winnings.

sr. member
Activity: 728
Merit: 388
DGbet.fun - Crypto Sportsbook
Before you judge I think you should try and see what AI agents are capable of, I think Vegas is screwed.

AI agents now has the ability to act extremely quickly as in game events take place.
AI agents can place bets across 10+ on chain sports books all simultaneously the second the player breaks past the defense, there has been nothing more mindblowing than this so far.

It could sound too good to be true but it is true.

Web3 sportsbooksaportabooks will become increasingly more efficient due to the capabilities and volumes of these AI agents.

Something big is coming to gambling world via AI agents.
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