How can AI be used to improve chances of winning at crypto-casinos? - page 5.

yudi09

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Quote from: AGULIS on December 05, 2024, 01:31:49 PM

For purely scientific purposes, can I ask you: how can artificial intelligence be used by players to improve their chances of winning at online casinos?

1. Game Strategy Optimization
2. Predictive Analytics
3. Simulation and Training Tools
4. Automated Bots
5. Personalized Betting Strategies

What do you think guys?

Artificial intelligence helps but it is not a solution to always win every game played.
The formula is that the casino always wins. If the player wins 2 times, then the casino wins 3 times. If the player wins 1 time, then the casino wins 2 times.

Here there may be players who use artificial intelligence in playing some types of games, but they get an experience that is not much different from others in general.

DiMarxist

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AI can't give you the correct answer in sports or casinos prediction but it will be a random answer. As it is, people are using AI to predict games yet they are still falling so AI can't guaranteed one's winning. Though AI will help you in calculative risk. And in that time it is you decision to take either to play the game of not. Human can analyse team squad and their previous games to determine if they can do well in the current games. Though nobody is perfect but human prediction is more better for me.
And all what AI is good at is the fast tracking the results of the analysis but human analysis takes time and much more delay. When you use AI prediction also compare it with your own prediction to see the differences.

AGULIS

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Quote from: Hispo on December 06, 2024, 05:11:30 PM

Quote from: rachael9385 on December 06, 2024, 04:04:25 PM

The real question here is, can Ai really improve chances of winning crypto casinos? I don't think artificial intelligence is capable of this because this would be some sort of hack into the game and they wouldn't just let gamblers take advantage with Ai. If there's a possibility in this then a lot of people would have benefitted from it. The only way to improve chances of winning is by careful study and analysis. But when it comes to casino games I don't think that can help because they have been programmed to make sure you lose and the system doesn't work based on your predictions but strictly based on luck

At the very best what an artificial intelligence could do would give an insight on the chances one has in the long term to get back some money from the casino, but the AI cannot alter the edge of the house or the chances one already has to lose money to the casino in the long term. The staff of the casino and the providers of the games are the sole entities which have control over the random number generator and the source of entropy which rule over the results of the games and the gambling sessions themselves.

All this Artificial intelligence buzzwording only reminds me how casinos started to market themselves on the web3 technology, on order for them to attract more gamblers who could have felt curious on the concept, there is no much of a difference between that and this we are witnessing nowadays with all people talking and bragging about the future use of AI and how it could break the future if gambling. I can assure nothing will notably change and the house will continue to earn from gamblers and not the reverse.

AI is undoubtedly influencing the future of online gambling by improving the user experience, enhancing security measures, and personalizing the gaming experience. However, all this is still only for the benefit of the casinos themselves, not the players.

jcojci

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Quote from: dwyane36 on December 06, 2024, 12:20:00 PM

If you can use AI as a tipster for sports betting, the time to analyze matches will be reduced to zero. In fact, AI can be customized to analyze the chances of a team winning in a particular match according to different criteria. For example, analyzing news sites and social networks to understand what is happening inside the team, which players feel good and which are injured. In addition, during a match, analyzing player statistics with real-time data can give a significant advantage.

That could happens only if AI have a better research so we can get the data faster than if we do that alone. We can see the data, decides which team we can select, and place our bet Grin

If that happen in near, we can only gives command to AI to research and we can do other things for a while and wait until AI come to us. It will be like "Hey AI, give me info about this match" and the AI answer "Ok boss, I am on my way" hehehe

That will be more interesting to use the technology for our benefit. I am sure that will helps many people but that will only if they know how to operates AI better than others.

Quote from: Nwada001 on December 06, 2024, 05:33:54 PM

The only way and area in which I see the AI is going to be of help is in terms of sports betting and other forms of betting that need analysing. It can only help you make things a bit easier, as it can read through and help gather quick results compared to how our human brain could have done it, but even as that, for the main time before you get too used to it, it will be a bit stressful to run their decision over again to see if the option based on the analysis is in line with what you could have chosen on your own.

AI can help us to get the data faster than us so we can start to analyze and not takes too long to have the decision. Maybe AI also gives the prediction and could select the team but we don't have to follow the suggestion especially if we are not yet analyze the data. We must try to analyze the data from AI so we can find more information that will useful to us. Our decision will be based on our analysis and not 100% from AI because we must responsible with our money and we need to improve our skill to be better.

?

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Quote from: ? on December 06, 2024, 03:48:21 PM

Quote from: ? on December 06, 2024, 03:09:20 PM

snip

Nailed it.
What's more interesting is that most day traders can't beat the market too. There are tons of studies that demonstrate that the absolute most of day traders lose their money, and there is very little chance to succeed. I guess it is very unlikely that AI can do better at day trading.
The long-term trends though - the "general direction" - are way less risky and far more easy to predict and take advantage of. That's where the use of AI is likely beneficial. I remember reading about a hedge fund founded by a math PhD. The fund uses machine learning to predict market trends, and AFAIK, it has been consistently beating the market for decades, and even Berkshire Hathaway hasn't ever achieved this much. I don't remember the name of the fund tho.

You're talking about "Citadel" I think. They've been very consistent since the 90s.

Interestingly there's also a tv series with that name. Not too bad to watch

Nwada001

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Quote from: jcojci on December 06, 2024, 02:53:04 AM

I just consider using AI will help you to have more strategy optimization and prediction for each match. Your time to analyze the match will be shorten because you can collect more information from AI which will help you to analyze furthermore. You still need to analyze the information you got from AI and not just let AI decide and choose the team.

If you found something interesting from the AI's data, you will know if AI really helps you or you only need to use your skill to analyze.

The only way and area in which I see the AI is going to be of help is in terms of sports betting and other forms of betting that need analysing. It can only help you make things a bit easier, as it can read through and help gather quick results compared to how our human brain could have done it, but even as that, for the main time before you get too used to it, it will be a bit stressful to run their decision over again to see if the option based on the analysis is in line with what you could have chosen on your own.

Hispo

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Quote from: rachael9385 on December 06, 2024, 04:04:25 PM

The real question here is, can Ai really improve chances of winning crypto casinos? I don't think artificial intelligence is capable of this because this would be some sort of hack into the game and they wouldn't just let gamblers take advantage with Ai. If there's a possibility in this then a lot of people would have benefitted from it. The only way to improve chances of winning is by careful study and analysis. But when it comes to casino games I don't think that can help because they have been programmed to make sure you lose and the system doesn't work based on your predictions but strictly based on luck

At the very best what an artificial intelligence could do would give an insight on the chances one has in the long term to get back some money from the casino, but the AI cannot alter the edge of the house or the chances one already has to lose money to the casino in the long term. The staff of the casino and the providers of the games are the sole entities which have control over the random number generator and the source of entropy which rule over the results of the games and the gambling sessions themselves.

All this Artificial intelligence buzzwording only reminds me how casinos started to market themselves on the web3 technology, on order for them to attract more gamblers who could have felt curious on the concept, there is no much of a difference between that and this we are witnessing nowadays with all people talking and bragging about the future use of AI and how it could break the future if gambling. I can assure nothing will notably change and the house will continue to earn from gamblers and not the reverse.

rachael9385

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The real question here is, can Ai really improve chances of winning crypto casinos? I don't think artificial intelligence is capable of this because this would be some sort of hack into the game and they wouldn't just let gamblers take advantage with Ai. If there's a possibility in this then a lot of people would have benefitted from it. The only way to improve chances of winning is by careful study and analysis. But when it comes to casino games I don't think that can help because they have been programmed to make sure you lose and the system doesn't work based on your predictions but strictly based on luck

|MINER|

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To be honest, I never think that using artificial intelligence to gamble would increase your chances of winning.
Because as we all know, gambling is completely based on luck and if there was something that could increase your chances of winning in gambling, most gambling casinos would lose their business and go out of business.
And besides, I think that such a mind set should not be kept. When a person goes to gamble, because gambling depends entirely on luck and here neither winning nor losing is in one's own hands, so one should never play here thinking that by using something additional, I can increase my winning ratio. Rather, if I do these things, I think that on the contrary, the amount of losses can increase and a person can reach a dangerous situation.

?

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Quote from: ? on December 06, 2024, 03:09:20 PM

So a friend of mine does algorithmic trading on the stock market. He's tried time and again to use chatgpt or other AIs to help predict the direction of the stock market - along with massive amounts of input data, in addition to training data the LLMs were already provided with.

Guess what? Less than 5% accuracy in the prediction over a short timeframe (eg. if you ask it today, it's answer for tomorrow is inaccurate) except for a 'general direction'.

Useless for investing because a shoeshine boy could tell you the same news for less.

Now this is for a structured setup where there are sentiment forces and potentially predictable factors.

With chance-based games, I suspect this will be like using a coin flip to predict the output of another coin flip. Highly random. And because the information is not probabilistically actionable enough for the AI, I'm quite sure chatgpt will 'manufacture' fiction and give you a number / direction because you asked for it.

So that fictional pair of dice you told chatgpt about are about to get a fictional number. 🎲🎲

Or as we say in programming,

Code:

int randomValue = 6; // Guaranteed to be random! generated by a random dice throw

Nailed it.
What's more interesting is that most day traders can't beat the market too. There are tons of studies that demonstrate that the absolute most of day traders lose their money, and there is very little chance to succeed. I guess it is very unlikely that AI can do better at day trading.
The long-term trends though - the "general direction" - are way less risky and far more easy to predict and take advantage of. That's where the use of AI is likely beneficial. I remember reading about a hedge fund founded by a math PhD. The fund uses machine learning to predict market trends, and AFAIK, it has been consistently beating the market for decades, and even Berkshire Hathaway hasn't ever achieved this much. I don't remember the name of the fund tho.

Hispo

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Quote from: AGULIS on December 05, 2024, 01:31:49 PM

For purely scientific purposes, can I ask you: how can artificial intelligence be used by players to improve their chances of winning at online casinos?

1. Game Strategy Optimization
2. Predictive Analytics
3. Simulation and Training Tools
4. Automated Bots
5. Personalized Betting Strategies

What do you think guys?

There is no feasible way for an artificial intelligence to be used to take advantage and defeat the house edge of the casino whatsoever. You must recall artificial intelligence is based and run on information which is publicly available for anyone to see on internet, that that public information is of no use when comes to try to get advantage of a casino.
Even if you programed an artificial intelligence to try to find patterns in games like slots of Plinko, the true random.number generator of the casino would jeopardize the efforts of the AI to try to find patterns and calculate positive chances for you to make money, so thete is no use in this hypothetical plan of yours.

Also, even if there is some way for artificial intelligence to be used to abuse the casino, the staff of the casino won't stay stall and wait for their money to get drained by people, they will implement counter-measures with their own AI.

So if you believe there is a way to cheat casinos using technology, then you must wake up to the reality of it being nearly impossible.

Unsoldier

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Quote from: AGULIS on December 05, 2024, 01:31:49 PM

For purely scientific purposes, can I ask you: how can artificial intelligence be used by players to improve their chances of winning at online casinos?
///
4. Automated Bots
///
What do you think guys?

Technically, using bots is possible, but it’s prohibited on most platforms and can result in account bans. While such tools might be used for analyzing or testing strategies, using them in real gameplay is risky and violates fair play rules.

?

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So a friend of mine does algorithmic trading on the stock market. He's tried time and again to use chatgpt or other AIs to help predict the direction of the stock market - along with massive amounts of input data, in addition to training data the LLMs were already provided with.

Guess what? Less than 5% accuracy in the prediction over a short timeframe (eg. if you ask it today, it's answer for tomorrow is inaccurate) except for a 'general direction'.

Useless for investing because a shoeshine boy could tell you the same news for less.

Now this is for a structured setup where there are sentiment forces and potentially predictable factors.

With chance-based games, I suspect this will be like using a coin flip to predict the output of another coin flip. Highly random. And because the information is not probabilistically actionable enough for the AI, I'm quite sure chatgpt will 'manufacture' fiction and give you a number / direction because you asked for it.

So that fictional pair of dice you told chatgpt about are about to get a fictional number. 🎲🎲

Or as we say in programming,

Code:

int randomValue = 6; // Guaranteed to be random! generated by a random dice throw

Mate2237

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Artificial Intelligence Machine or bot can only tell you what had happened and not what will happen because as a computer it is not programmed to tell the future and and not even the present. It can only give a guess without analysis but human can tell you what will happen and still analyze it for you to understand what it will happen in that way. AI can only tell you what has been said and not what has not been said so what is the need of using it to predict games which is not true. And if you win AI prediction then it is your personal luck and not from the prediction of the AI bot. Please don't be deceived.

AI can only analyze from human prediction. Many people don't understand those robot so they believed their prediction and loss enough funds to the house. It is better you use you experience to analyze games and play. Many people have tested it and we have not seen any heard any good information from the gamblers.

virasog

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Quote from: bittraffic on December 06, 2024, 12:39:18 PM

There's been AI for sports prediction already, I've seen a few of them and although they provide great analysis it still couldn't guarantee a winning prediction. I think because of the rigging in sports that made these AIs at fault but if there is no rigging I think the AI prediction can make a rate of at least more than 70% correct.

Sports do have politics inside even the most popular league and particularly in boxing which I guess the reason for any prediction could go wrong.

AI can analysis the data of the matches and players in a better way and also in less time as a lot of information can be extracted with the help of AI but this does not mean that they can predict the outcome correctly. The reason is that in sports, it does not matter that a team who is weak will lose, they can win too if they perform better on a day. AI is not a fortune teller and hence AI isn't much successful when it comes to predict the winners.

However AI can be used in many other ways , for example, the bookies can use AI to set the odds for the match and this can be really effective. Also bookies can gather the data and analysis of bets placed and help the gambling site to manage the sports betting in a better way.

bittraffic

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Quote from: Upgrade00 on December 05, 2024, 01:39:27 PM

AI can help compile available information to guide your bets on sports. You use this info to decide what bets to take and make calculated risks. This does not necessarily improve your chances of winning, but can help a bit.

There's been AI for sports prediction already, I've seen a few of them and although they provide great analysis it still couldn't guarantee a winning prediction. I think because of the rigging in sports that made these AIs at fault but if there is no rigging I think the AI prediction can make a rate of at least more than 70% correct.

Sports do have politics inside even the most popular league and particularly in boxing which I guess the reason for any prediction could go wrong.

_act_

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Quote from: panjul07 on December 06, 2024, 11:46:13 AM

All the things you mentioned that can be provided by AI will be 100% useless if you are referring to casino games because AI will not able to help you to increase your winning chance.
It may work for sports betting where you can ask for prediction or analysis of sports matches so you can have comparison opinion for a better prediction for the match you are going to bet.

Just like your posted that if truly it is possible, that almost everybody will be winning the house by now while there will not be any existing gambling sites anymore. Be it casino or sport betting sites, none is AI can guarantee winning. If anyone thinks he can use AI in any of the two, he will only find himself losing. AI can not be used in casino but in sport betting, it can be used to make some analyses easier but I prefer to use free prediction site and none still guarantees winning.

dwyane36

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Quote from: jcojci on December 06, 2024, 02:53:04 AM

I just consider using AI will help you to have more strategy optimization and prediction for each match. Your time to analyze the match will be shorten because you can collect more information from AI which will help you to analyze furthermore. You still need to analyze the information you got from AI and not just let AI decide and choose the team.

If you found something interesting from the AI's data, you will know if AI really helps you or you only need to use your skill to analyze.

If you can use AI as a tipster for sports betting, the time to analyze matches will be reduced to zero. In fact, AI can be customized to analyze the chances of a team winning in a particular match according to different criteria. For example, analyzing news sites and social networks to understand what is happening inside the team, which players feel good and which are injured. In addition, during a match, analyzing player statistics with real-time data can give a significant advantage.

iv4n

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Quote from: AGULIS on December 05, 2024, 01:31:49 PM

FWhat do you think guys?

I don't have to think about it, we're talking about gambling and anything can happen. And all the positive/negative comments about this strategy are futile... the best thing you can do is try it yourself and in your own way. We gamble if we think it will be good or bad, it can be both. And in order to know, you really have to take a risk and try...

I have heard and seen many crazy strategies, some of them were profitable for some people. I guess your approach is OK, try it and share the results with us.

panjul07

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All the things you mentioned that can be provided by AI will be 100% useless if you are referring to casino games because AI will not able to help you to increase your winning chance.
It may work for sports betting where you can ask for prediction or analysis of sports matches so you can have comparison opinion for a better prediction for the match you are going to bet.
All in all, if AI can help you to increase your winning chance, there should have been many gamblers who make great profit now because AI has been running for few years already.

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