Topic: How does AI gambling sound? - page 18. (Read 3173 times)

The thing with artificial intelligence is that it has a lot of inaccuracy since it generates its data from various means so the possibility of AI to give adequate games analysis and profiling winning solutions is not guaranteed and even at that the casino will spot the weak point of AI and will try as much as possible to stay ahead of them in both games analyze and winning probabilities which have been something that can not be guarantee since the outcome of the game is primary designs to favour the house ended over the players, so the outcome of most gambling games in pre-determined and the system configured to give a higher chance to the interest of the casino rather than the players.

The difference is, AIs can choose which information it wants to retain, choose to learn from, and omit what seems unnecessary for it to be useful. Human events and performances will soon be predicted very easily by AIs, and there wouldn't really be a fix or a patch to that unfortunately. Bookies will never know if an AI is being used to bet on the events they're putting out, so that's also a hard catch. We just have to rely on these events to be as arbitrary, random, and unpredictable as possible, that patterns emerging from previous matches/games wouldn't really matter when it's game time.

Gambling with AI technology sounds like a dream come true for every gambler but eventually even the Ai does not guarantee a 100% winning and moreover if gambling with AI proofs to be very effective it might run so many casino reckless because the rate of winnings will be much and the customers might now actually have a chance to defeat the house. But all this is just a dream because even with AI inserted in the gambling industry the house will still man over a way to win you as the customer because its a business and the gamblers needs to lose more.[/quote]

Well, all this is just an expectation until it becomes reality. IMO, AI will even create more gambling addicts, and from what I think about this AI, they collect information from the internet to produce any results they needed for their users. Although you have said what you think about the AI being able to make more wins for the gambler, but i am thinking on the opposite side because the AI cannot override the casino system to make winning very possible for gamblers; it will just be what humans usually do to stake their games. The only difference that the AI might make is to know how to wager with a small amount, taking a low risk of just wagering little by little depending on how much the gambler is using to bet. Just like how some people will wager like $1k at once, the AI can decide not to do it at once. Also, when there are a series of losses at a stretch, it might decide to stop, whereas some gamblers will keep gambling at a sport even if they keep losing.

Have got the impression some people believe that Artificial intelligence is a magical tool which would suddenly make them good at sport betting, instead what actually it is: a supplementary tool, as you mention.

There will be thousand of people who will not even know that and will bet significant amounts of money following in a blind manner the recommendations of the machine, my personal prediction is that most of them will lose money and then will abandon that silly idea. In the end, Technology is not magic. 

Have you checked YouTube? There are many channels already that suggest ways to profit off AI, it would not surprise me if there was someone already shilling it as a way to improve chances on betting.

AI will come to the gambling industry but maybe not as much as we think. Because I think no matter how much technology improves, it would be best to refrain from using AI altogether. Because this will not reduce people's attraction to gambling. Just because technology is improving every day doesn't mean it has to be applied to everything, some things have to be left free that were already good and interesting.

We haven't seen the development of AI for the gambling industry and even if there is, we might not be interested or haven't used it regularly so we don't know whether AI can be used properly or still needs further improvement. But in the future, I think with technological developments in all fields, it will provide the answers we need. Who knows, AI can provide predictions that are close to the truth so that we will get additional information through AI. For now, we should just wait to see how AI for the gambling industry develops and if we can use it to get information, we need to see how accurate it is.

that's very correct! i don't think casinos and bookies will just sit down and relax while there is a threat from AI. if they are not fast enough to catch possible impact of AI tech on their business, they can easily get bankrupt. so yeah, they are watching also on this matter.
now that AI seems to be developing fast. they are on the lookout also as to how it will influence their day to day operations. for now, their predictions may still be far from human predictions or from actual results, but the more data they are working on, they may have better predictions with the outcome.

Whatever the profession, if you use AI correctly, it will definitely be useful, for example to build websites to solve problems or other things, but if it is used by gamblers, it will definitely be used to find loopholes to win at gambling, even though that is clearly wrong, of course casinos are also smarter than gamblers, the casino has thinking about this technology so they are also looking for solutions using AI as well so that their casinos are really safe.

I've tried using AI to predict football sports betting predictions and they only provide analysis but the predictions aren't entirely correct, if I'm not mistaken AI wasn't created to predict what will happen later and also isn't used to beat gambling.

  -  For me, what you said is simple mate, but it makes sense, I think the message you mentioned actually has a point and is right in a nutshell.

And I also agree that AI is only good for giving knowledge to anyone but in this gambling matter it doesn't seem to fit anymore in my opinion. And it is also true that not all gamblers have the same reason for gambling because some are addicted to gambling, others are just to save themselves and others are taking a chance that they might suddenly become rich by betting.

So here everything is elementary! 
If the players start using AI en masse for their bets, then the casino will also connect AI, which will counteract the AI ​​who plays against the casino.  It turns out that two AIs will start to fight, although I kind of thought that AI is something like a single inseparable one.  Apparently, all the same, it turns out that AI can be bifurcated, detuned, and so on according to its decisions.  And each decision will simply have its own probability of an upcoming event.  For example, events such as a bet on a game.  And here it turns out that the player himself, despite the advice of AI, chooses from these probabilities. 
So AI in gambling can seem to be neutralized, or rather, it becomes unnecessary.  Despite all his toughness.

Gambling with AI technology sounds like a dream come true for every gambler but eventually even the Ai does not guarantee a 100% winning and moreover if gambling with AI proofs to be very effective it might run so many casino reckless because the rate of winnings will be much and the customers might now actually have a chance to defeat the house. But all this is just a dream because even with AI inserted in the gambling industry the house will still man over a way to win you as the customer because its a business and the gamblers needs to lose more.

I have never used AI in gambling, that sounds very unrealistic to me when you chose AI to predict the gambling outcome rather than to trust your own human knowledge and instinct. However, maybe AI can be productive in other ways but never can be reliable in gambling. Though AI has been taking big leaps this time that some gamblers have start trusting it, but surely all they got were most losses than wins.

Right, you got a good point.
Imagine that you want to bet on the world cup and your national team has managed to participate and has reached quarters of finals. You decide to bet in every match because you feel excited about that World Cup but instead going for what your gut says you ask an artificial intelligence on where to put your money.

Even though you feel very confident on your team and other teams, sooner or later the AI will tell you to bet against them?
That would definitely ruin my mood. The feelings and thrill associated with betting would certainly suffer, in my opinion.  

In fact, if we think about the matter deeply, then in my opinion, I would say that maybe in real horse racing, AI can help gambling by using advanced AI cameras to monitor the activity of horses.
Although it is far off, I don't want the time to come where gambling can be done by or with AI. In my opinion, it is better that gambling is free of AI because when gambling is controlled by AI, all the enjoyments of gambling will disappear, maybe then people will only play games to beat each other or to earn money.
Yes, I think that in the future era of the metaverse, there will definitely be a gambling part, as there are currently online casinos, so I think that it will definitely be possible in the future. And I am also hopeful that sitting at my home I can enjoy gambling with my foreign friends through metaverse. I think it's only a matter of time in the near future we get to know it too

It is not correct to use everything in every place, it can give opposite results. AI can be used to acquire knowledge, and other tasks. But the use of AI among gamblers will definitely not bring good aspects to the gambling industry. Gamblers don't just play to earn, people gamble for entertainment too, when everything becomes AI, gamblers will no longer get the real feel. And its impact will hit the gambling industry hard.

I think that even if an artificial intelligence of this kind existed which allowed players to make very precise predictions about who would win a particular match, the gambling industry will find a way around it, many decades ago when card counting was first introduced many gamblers thought that this was going to be the end of blackjack, however this did not happen as casinos adjusted the rules in order to counter card counters, and since then blackjack has become way more popular, so I expect a similar process to happen here.

Let's just assumed it was on thesame track like that of the car racing since you can make your personal modifications all by yourself, this will determine how you may be likely for a win or not base on the skills you've out in together, but if we take a look more closer with AI in this kind of gaming activities, it may not rely work out as expected because you have the potential to always work out your chances to outsmart the AI and using AI will not always guarantee you a winning attempt.

In the future maybe. Right now I don't think AI can make an educated guess like this. Or maybe it will but in the end it is not going to make you rich because I am not sure if the current AI is that smart. I mean it will give you an answer if you force it but the answer is probably be a bullshit one and won't be any better than tossing a coin. If somehow AI becomes as advanced as you said, then it will be the end of the gambling industry.

You haven't experienced it but you have a point in what you mentioned. Some gamblers think that AI is the key to them always winning at gambling, of course that is not the case.

       For me, because the AI system does not help in terms of maturity of each gambler in their betting. There is no thinking that happens if we just rely on AI so it is not surprising that in the end most gamblers lose in crypto gambling.