Topic: How does AI gambling sound? - page 11. (Read 3174 times)

Quote from: LUCKMCFLY on June 01, 2023, 10:13:36 PM

That of betting everything on horses is not a bad idea, but if it applies to horses it should bet for each sport, fútbol, basketball, baseball, whatever , as long as you bet with great measure , the AI can give us approximations , the Algorithms are not so perfect as to be able to appeal to having them as a whole, they have their flaws and they are looking for a way to improve them to have better results, what happens is that if that magic formula is found it will be total madness, because the people will want to have that AI to win and Platforms will Start to shut down in a measure to Protect Themselves.

We can makenuse of AI in many sport bettings but i don't think they were all best for this, let's look at the horse race bettings which has to be a live sport event on an open field, how can the modification of AI be applicable to in this kind of sport if not on other relevant areas it use can be applicable, also I believe that the use of AI can't be as accurate as expected in winning games but can enhance the user's experience in using them.

The rule that AI can play in sports bets is in clubs analysis and how their previous statistics have been then it will be left to the gambler to make something out of that and make the final decision on the bets this is why it becomes imperative to mentioned the none total reliance on AI to make a game decision but to serve as a basis to supply information to decide on.
While the fame of AI is spreading widely on the internet, we must know that AI is not 100% efficient since it cant make real-time decisions.

Yes, exactly it is a fact, when the AI is not a 100% infallible option at least you have the statistics and they can have probabilities based on the performance of the players, also taking into account the style of play proposed by the technical director, In football lately, the responsibility for losing or winning lies with the coaches, so this means that AI can be a help tool for pro analysis now, its effectiveness is evaluated as time goes by, it is what which I can easily intuit based on how the AI thing has boomed.

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Quote from: LUCKMCFLY on June 01, 2023, 10:13:36 PM

That of betting everything on horses is not a bad idea, but if it applies to horses it should bet for each sport, fútbol, basketball, baseball, whatever , as long as you bet with great measure , the AI can give us approximations , the Algorithms are not so perfect as to be able to appeal to having them as a whole, they have their flaws and they are looking for a way to improve them to have better results, what happens is that if that magic formula is found it will be total madness, because the people will want to have that AI to win and Platforms will Start to shut down in a measure to Protect Themselves.

We can makenuse of AI in many sport bettings but i don't think they were all best for this, let's look at the horse race bettings which has to be a live sport event on an open field, how can the modification of AI be applicable to in this kind of sport if not on other relevant areas it use can be applicable, also I believe that the use of AI can't be as accurate as expected in winning games but can enhance the user's experience in using them.

The rule that AI can play in sports bets is in clubs analysis and how their previous statistics have been then it will be left to the gambler to make something out of that and make the final decision on the bets this is why it becomes imperative to mentioned the none total reliance on AI to make a game decision but to serve as a basis to supply information to decide on.
While the fame of AI is spreading widely on the internet, we must know that AI is not 100% efficient since it cant make real-time decisions.

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Quote from: dimonstration on June 03, 2023, 09:34:59 AM

Quote from: LUCKMCFLY on June 01, 2023, 10:13:36 PM

That of betting everything on horses is not a bad idea, but if it applies to horses it should bet for each sport, fútbol, basketball, baseball, whatever , as long as you bet with great measure , the AI can give us approximations , the Algorithms are not so perfect as to be able to appeal to having them as a whole, they have their flaws and they are looking for a way to improve them to have better results, what happens is that if that magic formula is found it will be total madness, because the people will want to have that AI to win and Platforms will Start to shut down in a measure to Protect Themselves.

We can makenuse of AI in many sport bettings but i don't think they were all best for this, let's look at the horse race bettings which has to be a live sport event onnan open field, how can the modification of AI be applicable in this kind of sport if not on other relevant areas it use can be applicable, also i believe that the use of AI can't be as accurate as expected in winning games but can enhance the user's experience in using them.

Same as other sports. An AI can always check the previous statistics of each horse based on its record online. Horse racing usually uses the same horse or producer in every race. But an AI has limited use in this kind of match because animals condition is very hard to rate compared to human players.

An AI can be applied to almost any sport as long as there's data available for analysis.

This is why those thinking they can somehow let an AI do all the work for them and earn a fortune while they gamble are just dreaming needlessly, however an expert gambler could in fact improve their results significantly as they could be able to notice details that are impossible for the AI to find out on its own, so combining an AI and a human can produce better results than just using either of them, a combination which is already taking place in other fields and which is proving to be the most efficient way to move forward on those fields.

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Quote from: Crypt0Gore on April 17, 2023, 10:40:31 AM

Can you make bets on horses that are AI vs making bets on real horses? I see a new gambling project that focuses on horse racing only and I am surprised that those horses are not real live horses, I went deep doing research and it kinda looks like players will be the ones fine-tuning their horses 🐎 for better performance and go ahead to head with other players.

Before AI came to an existence, horse race has been on ground so there is real element of horse race betting even as the AI is taking over the net. In casino or sport game, there are real ones and animated ones so as player, you can select the one you prefer.

Quote from: Crypt0Gore on April 17, 2023, 10:40:31 AM

Do you think that gambling have a place with the metaverse in the future? I had a dream about being able to gamble online with people that aren't living close to me, we meet in the metaverse and it looks real, I know that sometimes when you think positively about something it is possible to dream about it.

Not in the future but it is happening concerning your dream to come. Before you realize your dream to come people have used metaverse. There is a friend of mine who use to play games online with friends in different cities and Countries. There are sometimes that when they are playing they don't even know themselves.

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Quote from: LUCKMCFLY on June 01, 2023, 10:13:36 PM

That of betting everything on horses is not a bad idea, but if it applies to horses it should bet for each sport, fútbol, basketball, baseball, whatever , as long as you bet with great measure , the AI can give us approximations , the Algorithms are not so perfect as to be able to appeal to having them as a whole, they have their flaws and they are looking for a way to improve them to have better results, what happens is that if that magic formula is found it will be total madness, because the people will want to have that AI to win and Platforms will Start to shut down in a measure to Protect Themselves.

We can makenuse of AI in many sport bettings but i don't think they were all best for this, let's look at the horse race bettings which has to be a live sport event onnan open field, how can the modification of AI be applicable in this kind of sport if not on other relevant areas it use can be applicable, also i believe that the use of AI can't be as accurate as expected in winning games but can enhance the user's experience in using them.

Same as other sports. An AI can always check the previous statistics of each horse based on its record online. Horse racing usually uses the same horse or producer in every race. But an AI has limited use in this kind of match because animals condition is very hard to rate compared to human players.

An AI can be applied to almost any sport as long as there's data available for analysis.

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Quote from: Shamm on June 03, 2023, 08:51:53 AM

Quote from: wiss19 on June 03, 2023, 08:21:30 AM

Quote from: wiss19 on June 03, 2023, 08:21:30 AM

It probably has more specific information about games than you already have, but you're correct about AI being capable of analyzing games without any emotions or depth. AI predictions can sometimes be accurate could be ranging from 50% to 60% correctness (in my opinion).

I believe that AI predictions can offer logical insights through quotes and other data but as we know it doesn't always work that way. For example, when Team X is up against Team Y, if the quote for Team X winning is 2.90 and for Team Y winning is 1.12, it wouldn't be surprising if Team X ends up winning. There's no guarantee in gambling and anything can happen. Therefore, it's better for a gambler to make their own gambling decisions rather than relying on any third-party tools like AI.

It sometimes happens that the outcome of a sports event goes against the odds and the team that had very high odds of winning will lose to a team that doesn't have a very good performance in the competition, and it is never guessable whether it's you or an AI making the prediction because such outcomes come by surprise and all of a sudden.

As you said, AI can be your best companion that will help you with the research and analysis for a specific match that you are willing to place a bet on, but it can only do that if it has the latest available data in it's training.

AI in gambling without a doubt it will help us to bet faster and also it will help us to study further in some games but one thing for sure that In the World of gambling even AI can predict the outcome for example in sports game or sports betting not all the time it will accurate and good because sometimes once a lucky team or a lucky fighter can still win even though in their hopeless situation .

Like I've previously said in one of my comments on this thread, Ai can indeed predict the outcome of games pretty good because, there are some factors it will easily put in to consideration which is really to complex for the human mind to comprehend fast or even remember, but, it still won't completely take the place of humans predicting the out come of games themselves cus there also some factors or change of events that could happen in the dying minute which the Ai won't be able to consider in its prediction, but could utterly change the outcome of the game, example is a major player who is believed to be playing in the coming game suddenly falling sick or injured in an accident, and is no longer going to play, or maybe a player by mistake scoring an own goal, or maybe a VAR having to cancel a goal as it is considered to be offside.

All the above can utter the outcome of any match, and this is something that Ai can't predict before they happen.

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It probably has more specific information about games than you already have, but you're correct about AI being capable of analyzing games without any emotions or depth. AI predictions can sometimes be accurate could be ranging from 50% to 60% correctness (in my opinion).

I believe that AI predictions can offer logical insights through quotes and other data but as we know it doesn't always work that way. For example, when Team X is up against Team Y, if the quote for Team X winning is 2.90 and for Team Y winning is 1.12, it wouldn't be surprising if Team X ends up winning. There's no guarantee in gambling and anything can happen. Therefore, it's better for a gambler to make their own gambling decisions rather than relying on any third-party tools like AI.

It sometimes happens that the outcome of a sports event goes against the odds and the team that had very high odds of winning will lose to a team that doesn't have a very good performance in the competition, and it is never guessable whether it's you or an AI making the prediction because such outcomes come by surprise and all of a sudden.

As you said, AI can be your best companion that will help you with the research and analysis for a specific match that you are willing to place a bet on, but it can only do that if it has the latest available data in it's training.

AI in gambling without a doubt it will help us to bet faster and also it will help us to study further in some games but one thing for sure that In the World of gambling even AI can predict the outcome for example in sports game or sports betting not all the time it will accurate and good because sometimes once a lucky team or a lucky fighter can still win even though in their hopeless situation .

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Quote from: hZti on June 01, 2023, 09:07:11 AM

It probably has more specific information about games than you already have, but you're correct about AI being capable of analyzing games without any emotions or depth. AI predictions can sometimes be accurate could be ranging from 50% to 60% correctness (in my opinion).

I believe that AI predictions can offer logical insights through quotes and other data but as we know it doesn't always work that way. For example, when Team X is up against Team Y, if the quote for Team X winning is 2.90 and for Team Y winning is 1.12, it wouldn't be surprising if Team X ends up winning. There's no guarantee in gambling and anything can happen. Therefore, it's better for a gambler to make their own gambling decisions rather than relying on any third-party tools like AI.

It sometimes happens that the outcome of a sports event goes against the odds and the team that had very high odds of winning will lose to a team that doesn't have a very good performance in the competition, and it is never guessable whether it's you or an AI making the prediction because such outcomes come by surprise and all of a sudden.

As you said, AI can be your best companion that will help you with the research and analysis for a specific match that you are willing to place a bet on, but it can only do that if it has the latest available data in it's training.

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Since gambling is a fun way to spend your free time AI gambling sounds pretty stupid to me actually Cheesy

but if you have fun trying what you can archive with using an AI then go for it. The results will however not be that great in the usual luck based games. An AI would probably only perform very good in a skill based gambling scenario, but I don’t know many gambling games that would require a high skill that can not also be archived by the person playing.

That's exactly the point I see as well why AI based gambling is not going to succeed long term. There are usually two types of motivation behind a gambler, it's either for entertainment or for making money, or a mix of the two. In case we now use AI to gamble for us, then the whole point of having fun disappears. What fun is there if the AI makes all the decision for us. So the only real point to use AI to gamble for us would be if we want to make money with it. Here the problem is that all the luck based casino games are designed to include a house hedge. This guarantees that the casino makes money longterm and the player strategies are losing money long term.

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Quote from: o48o on June 02, 2023, 10:43:03 AM

I don`t sure it is so. The AI works with the same information as i have. And he makes the analyze without any emotions. Of course i can notice something, that the AI doesn`t has in it algorithm and it is the only advantage in my predictions. There is an additional advantage in online bets - when i see how the teams play i can make fast decision due to new information. But all most the AI predictions gives more profit.

It probably has more specific information about games than you already have, but you're correct about AI being capable of analyzing games without any emotions or depth. AI predictions can sometimes be accurate could be ranging from 50% to 60% correctness (in my opinion).

I believe that AI predictions can offer logical insights through quotes and other data but as we know it doesn't always work that way. For example, when Team X is up against Team Y, if the quote for Team X winning is 2.90 and for Team Y winning is 1.12, it wouldn't be surprising if Team X ends up winning. There's no guarantee in gambling and anything can happen. Therefore, it's better for a gambler to make their own gambling decisions rather than relying on any third-party tools like AI.

I have emotions, AI hasn`t. Of course it is possible that AI mistakes, but the same is true for my predictions. For your example we don`t need to know much details, we can just look in the table and see what places teams are. But AI can predict that winning of Team X has big chances and it will be interesting to bet with such odd.

Quote from: klidex on June 02, 2023, 03:49:10 PM

I don`t sure it is so. The AI works with the same information as i have. And he makes the analyze without any emotions. Of course i can notice something, that the AI doesn`t has in it algorithm and it is the only advantage in my predictions. There is an additional advantage in online bets - when i see how the teams play i can make fast decision due to new information. But all most the AI predictions gives more profit.

It's possible that because human dot connecting is different from algorithm, and that they can technically pick up things that AI would miss, but most likely outcome is that humans are missing a lot of stuff in various fields that AI notices without an effort. Even if there was a huge study group of people examining what to bet on.

Imho it boils down to the question, why are you gambling in the first place. Do you want to maximise the money by removing your intuitions and decisions from the gambling or are your own decisions and hunch the reason why it keeps on being fun.

And the AI can find something that i willn`t see. It is true for both sides.
And i totally agree with your words about purposes. Want to increase profit - use AI, want more emotions and possible big wins - bet yourself.

Quote from: klidex on June 02, 2023, 03:49:10 PM

I don`t sure it is so. The AI works with the same information as i have. And he makes the analyze without any emotions. Of course i can notice something, that the AI doesn`t has in it algorithm and it is the only advantage in my predictions. There is an additional advantage in online bets - when i see how the teams play i can make fast decision due to new information. But all most the AI predictions gives more profit.

But isn't trusting the predictions displayed by AI very risky?
I see from your words it seems that you are very sure about AI predictions.
I myself am not too interested in predicting using AI because for me it would be more fun to make predictions with independent analysis.

All bets are risky. The AI predictions have no emotions and the AI doesn`t miss any information that we gave him. So the main question is what purpose in your gambling.

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Quote from: LUCKMCFLY on June 01, 2023, 10:13:36 PM

~snip~

But isn't trusting the predictions displayed by AI very risky?
I see from your words it seems that you are very sure about AI predictions.
I myself am not too interested in predicting using AI because for me it would be more fun to make predictions with independent analysis.

In fact, AI has been ahead of the curve in the prediction game, speedily crunching numbers from enormous datasets. But sports are a wild, unpredictable thing, and the smallest changes can have a huge impact on the outcome of the game.

Finally, your natural instincts take centre stage. If you keep a close eye on the action, you can spot clues that computer programmes might miss. Only a seasoned player can detect a little limp in an athlete's stride or a momentary pause in their game, both of which could prove decisive.

But let's be honest; we're not angels, either. Emotions, biases, and simple human error can cloud our judgement. Because of this, why not take a balanced approach, combining the pinpoint accuracy of AI with the insight of humans? This dual approach has the potential to amp up the benefits while minimising the downsides of both.

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That of betting everything on horses is not a bad idea, but if it applies to horses it should bet for each sport, fútbol, basketball, baseball, whatever , as long as you bet with great measure , the AI can give us approximations , the Algorithms are not so perfect as to be able to appeal to having them as a whole, they have their flaws and they are looking for a way to improve them to have better results, what happens is that if that magic formula is found it will be total madness, because the people will want to have that AI to win and Platforms will Start to shut down in a measure to Protect Themselves.

We can makenuse of AI in many sport bettings but i don't think they were all best for this, let's look at the horse race bettings which has to be a live sport event onnan open field, how can the modification of AI be applicable in this kind of sport if not on other relevant areas it use can be applicable, also i believe that the use of AI can't be as accurate as expected in winning games but can enhance the user's experience in using them.

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Quote from: mak013 on June 01, 2023, 08:05:43 AM

This scenario is only the part of gambling. As for me betting with my own predictions much more exciting. In such situations i watch the match, analyze the game online and probably make additional bets. It is really exciting. But if i believe AI - i can increase profit but i`ll bet just 1-2 bets and will go for a work, or, probably in the kitchen

Another reason if you rely on AI predictions I think you will lose more than win because you have to remember AI is not completely correct and your decision to choose your own predictions is much better.

I don`t sure it is so. The AI works with the same information as i have. And he makes the analyze without any emotions. Of course i can notice something, that the AI doesn`t has in it algorithm and it is the only advantage in my predictions. There is an additional advantage in online bets - when i see how the teams play i can make fast decision due to new information. But all most the AI predictions gives more profit.

But isn't trusting the predictions displayed by AI very risky?
I see from your words it seems that you are very sure about AI predictions.
I myself am not too interested in predicting using AI because for me it would be more fun to make predictions with independent analysis.

o48o

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Another reason if you rely on AI predictions I think you will lose more than win because you have to remember AI is not completely correct and your decision to choose your own predictions is much better.

I don`t sure it is so. The AI works with the same information as i have. And he makes the analyze without any emotions. Of course i can notice something, that the AI doesn`t has in it algorithm and it is the only advantage in my predictions. There is an additional advantage in online bets - when i see how the teams play i can make fast decision due to new information. But all most the AI predictions gives more profit.

It's possible that because human dot connecting is different from algorithm, and that they can technically pick up things that AI would miss, but most likely outcome is that humans are missing a lot of stuff in various fields that AI notices without an effort. Even if there was a huge study group of people examining what to bet on.

Imho it boils down to the question, why are you gambling in the first place. Do you want to maximise the money by removing your intuitions and decisions from the gambling or are your own decisions and hunch the reason why it keeps on being fun.

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Quote from: mak013 on June 01, 2023, 08:05:43 AM

This scenario is only the part of gambling. As for me betting with my own predictions much more exciting. In such situations i watch the match, analyze the game online and probably make additional bets. It is really exciting. But if i believe AI - i can increase profit but i`ll bet just 1-2 bets and will go for a work, or, probably in the kitchen

Another reason if you rely on AI predictions I think you will lose more than win because you have to remember AI is not completely correct and your decision to choose your own predictions is much better.

I don`t sure it is so. The AI works with the same information as i have. And he makes the analyze without any emotions. Of course i can notice something, that the AI doesn`t has in it algorithm and it is the only advantage in my predictions. There is an additional advantage in online bets - when i see how the teams play i can make fast decision due to new information. But all most the AI predictions gives more profit.

It probably has more specific information about games than you already have, but you're correct about AI being capable of analyzing games without any emotions or depth. AI predictions can sometimes be accurate could be ranging from 50% to 60% correctness (in my opinion).

I believe that AI predictions can offer logical insights through quotes and other data but as we know it doesn't always work that way. For example, when Team X is up against Team Y, if the quote for Team X winning is 2.90 and for Team Y winning is 1.12, it wouldn't be surprising if Team X ends up winning. There's no guarantee in gambling and anything can happen. Therefore, it's better for a gambler to make their own gambling decisions rather than relying on any third-party tools like AI.

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