How Profitable are Gambling Bots? | Bitcointalksearch.org

madnessteat

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Quote from: iv4n on August 18, 2022, 10:12:36 AM

^

I never use bots in gambling. I tried a couple of times, but I did not really enjoy this pastime. I don't think you lose pleasure from the game when you use bots. In fact, you just automate their actions, which means using the bot you just reduce the game. What is the point of this is not quite clear to me?

iv4n

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Quote from: maydna on August 18, 2022, 09:16:28 AM

Quote from: Adbitco on August 18, 2022, 03:46:26 AM

There are some limitation or restrictions which i know that bot can't do more further than how its being programmed. Bot most at time gives inaccurate result leading to a total lost. i could remembered a time i traded with Bot i regret using it because there was a malfunctioning though i was thinking is from my end and i also tried a copytrade but in all self reliance is the best and most favorable way to trade and place a bet instead a Robot programmed bet.

The presence of bots in gambling is just a tool to gamble automatically while doing other work. But we need to set what is needed so the bot can run the way we want. But we don't know whether the use of bots will be able to give us a winning result or whether we will lose because in gambling, we must have luck. Besides, we can get more losses by using bots because we automate our gambling.

The biggest problem with using bots is greed! People are greedy, and setting up a bot to generate some serious profit will always fail, sooner or later! I am having fun with bots on all sites, with simple and expert settings (if available), and when I get greedy I always get busted! People should know how to choose a base bet according to their bankroll, how much you can increase your bets after losing, too much and you will get busted soon!

And after you set up a bot check it once again, few times I have seen how my bankroll goes to zero in seconds... so making a mistake with the auto setting can be a big loss!

Boristhecat

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Quote from: TopT3ns on August 18, 2022, 03:15:25 AM

The use of bots for poker gambling in my opinion is impossible to provide easily and of course it is very risky because you can immediately lose your money and poker gambling when using a bot then it could possibly harm the gambling place itself because of the possibility of being able to read dealer cards, So that it is rare for a poker gambling place to provide bots because the decision is in their own hands.

I heard that many players say that poker bots exist and work and I saw some investigations on reddit. But there is no direct evidence, this remains only the speculation of the players (probably angry that they lost). But I know that there are programs that collect statistics about the behavior of players in different situations so that later, based on this statistics, you can understand how they play and, for example, recognize a bluff. Such programs can be called bots, although they do not perform a game function.

maydna

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Quote from: Adbitco on August 18, 2022, 03:46:26 AM

There are some limitation or restrictions which i know that bot can't do more further than how its being programmed. Bot most at time gives inaccurate result leading to a total lost. i could remembered a time i traded with Bot i regret using it because there was a malfunctioning though i was thinking is from my end and i also tried a copytrade but in all self reliance is the best and most favorable way to trade and place a bet instead a Robot programmed bet.

The presence of bots in gambling is just a tool to gamble automatically while doing other work. But we need to set what is needed so the bot can run the way we want. But we don't know whether the use of bots will be able to give us a winning result or whether we will lose because in gambling, we must have luck. Besides, we can get more losses by using bots because we automate our gambling.

Kelvinid

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Quote from: Adbitco on August 18, 2022, 03:46:26 AM

There are some limitation or restrictions which i know that bot can't do more further than how its being programmed. Bot most at time gives inaccurate result leading to a total lost. i could remembered a time i traded with Bot i regret using it because there was a malfunctioning though i was thinking is from my end and i also tried a copytrade but in all self reliance is the best and most favorable way to trade and place a bet instead a Robot programmed bet.

BotS are not meant to give you an easy win, it's created to give you comfort while betting, so just like trading bots, it only made the job easy but does not guarantee a win. If you know and understand the house edge, there's no way we can beat the gambling site using that method, or any form available as they have the edge over us.

Adbitco

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There are some limitation or restrictions which i know that bot can't do more further than how its being programmed. Bot most at time gives inaccurate result leading to a total lost. i could remembered a time i traded with Bot i regret using it because there was a malfunctioning though i was thinking is from my end and i also tried a copytrade but in all self reliance is the best and most favorable way to trade and place a bet instead a Robot programmed bet.

TopT3ns

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Quote from: Bitinity on August 17, 2022, 10:58:24 PM

Quote from: rahmad2nd on August 17, 2022, 05:10:28 AM

Some fiat-based online poker sites provide bots to make it easier for their players, however, these bots do not guarantee profits in every use.

Are you sure he casino provide bots for players to play their game? I have few experiences in local fiat poker sites but I have never heard about poker bots. Can you give me a link or tell me the name of the fiat based poker sites that provide a bot for their players?

The use of bots for poker gambling in my opinion is impossible to provide easily and of course it is very risky because you can immediately lose your money and poker gambling when using a bot then it could possibly harm the gambling place itself because of the possibility of being able to read dealer cards, So that it is rare for a poker gambling place to provide bots because the decision is in their own hands.

Bitinity

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Quote from: rahmad2nd on August 17, 2022, 05:10:28 AM

Some fiat-based online poker sites provide bots to make it easier for their players, however, these bots do not guarantee profits in every use.

Are you sure he casino provide bots for players to play their game? I have few experiences in local fiat poker sites but I have never heard about poker bots. Can you give me a link or tell me the name of the fiat based poker sites that provide a bot for their players?

Quote from: rahmad2nd on August 17, 2022, 05:10:28 AM

the existence of bots is usually against the rules of the game on an online gambling site. As a result, someone will be penalized if he is detected using a bot in his poker game. the risk that will be borne by a person can vary depending on the level of error, account suspension is the most common risk.

It contradicts with your previous statement. Most poker sites wont allow players to use bots, but how can it is possible to say that there are some poker sites provide bots? It makes me confused on what kind of bots you are talking about that provided by the poker sites.

famososMuertos

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Quote from: rahmad2nd on August 17, 2022, 05:10:28 AM

Some fiat-based online poker sites provide bots to make it easier for their players, however, these bots do not guarantee profits in every use.
...//...,,,,

Hi,
In poker the use of bot is not allowed.
Now that does not imply that the casino uses them, but it is another story or topic.

Quote from: rahmad2nd on August 17, 2022, 05:10:28 AM

...//...,,,

and what you say is true, the existence of bots is usually against the rules of the game on an online gambling site. As a result, someone will be penalized if he is detected using a bot in his poker game. the risk that will be borne by a person can vary depending on the level of error, account suspension is the most common risk.
...//...,,,

That is right...

I think that perhaps in the previous point (quote) you are referring to the software, statistics and countless data that is available, that is allowed.

Quidat

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Quote from: nullama on August 17, 2022, 07:26:29 PM

Quote from: Silberman on August 17, 2022, 01:32:01 AM

~snip~
A bot playing a gambling game with a negative expected value will never produce any kind of profits regardless of the strategy used by the bot, the only bots which may have a chance of turning a profit are those which play a game which can be beaten, poker bots have been around for a long time however this goes against the TOS of most casinos so you risk getting your account banned, and not only that most of those bots come without a coded strategy, which means you have to code the bot yourself, so unless you can obtain profits out of poker and you know how to code you have no chance at all to make profits anyway with those bots.

Interesting, because it's known that in certain games you can maximize your chances of winning, let's say poker, based on tricks like counting cards, etc.

In a normal casino it's almost impossible to use any kind of device to help you with that, but in an online casino you could have any number of devices at home helping you.

I wonder how that works in the online casinos. Are the games rules there exactly the same as in a regular casino?

If we do talk about poker and other strategic based games then it would really be on the same rule but would differ on implementation of actions but overall the same but speaking with
those casino games then bots are just for automation nothingless but there are people who do have those misconceptions that these things could increase winning chance
which is really a very wrong belief or mindset to have.Its never been profitable and you are the ones who would really be deciding on when to stop when you are
in profits and when to play if you do really look for leisure time.

nullama

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Quote from: Silberman on August 17, 2022, 01:32:01 AM

~snip~
A bot playing a gambling game with a negative expected value will never produce any kind of profits regardless of the strategy used by the bot, the only bots which may have a chance of turning a profit are those which play a game which can be beaten, poker bots have been around for a long time however this goes against the TOS of most casinos so you risk getting your account banned, and not only that most of those bots come without a coded strategy, which means you have to code the bot yourself, so unless you can obtain profits out of poker and you know how to code you have no chance at all to make profits anyway with those bots.

Interesting, because it's known that in certain games you can maximize your chances of winning, let's say poker, based on tricks like counting cards, etc.

In a normal casino it's almost impossible to use any kind of device to help you with that, but in an online casino you could have any number of devices at home helping you.

I wonder how that works in the online casinos. Are the games rules there exactly the same as in a regular casino?

rahmad2nd

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Some fiat-based online poker sites provide bots to make it easier for their players, however, these bots do not guarantee profits in every use.
and what you say is true, the existence of bots is usually against the rules of the game on an online gambling site. As a result, someone will be penalized if he is detected using a bot in his poker game. the risk that will be borne by a person can vary depending on the level of error, account suspension is the most common risk.
IMO, using bots is something that is very risky and is not recommended besides that it does not guarantee security in every use.

Silberman

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Quote from: nullama on August 16, 2022, 09:40:20 PM

Quote from: ultrloa on August 16, 2022, 06:17:14 PM

~snip~
Well somehow its good to have bots because you can maximize your bets as a whale and you can do what task you want to input in your bots. But sometimes many people have misconception towards this because sometimes they think that using bots can increase their chances to win that's why they waste their money buying it and soon they realize that they are just wasting their money for this especially if they are not whales.

The people making money are probably the sellers of the bots and the casino owners. I haven't seen any bot that can actually generate more money, independent of the amount of money that you use with them.

The gambler himself is the one losing money in the end, even though there might be an illusion that he's doing well.

A bot playing a gambling game with a negative expected value will never produce any kind of profits regardless of the strategy used by the bot, the only bots which may have a chance of turning a profit are those which play a game which can be beaten, poker bots have been around for a long time however this goes against the TOS of most casinos so you risk getting your account banned, and not only that most of those bots come without a coded strategy, which means you have to code the bot yourself, so unless you can obtain profits out of poker and you know how to code you have no chance at all to make profits anyway with those bots.

BobK71

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Quote from: nullama on August 16, 2022, 09:40:20 PM

Quote from: ultrloa on August 16, 2022, 06:17:14 PM

~snip~
Well somehow its good to have bots because you can maximize your bets as a whale and you can do what task you want to input in your bots. But sometimes many people have misconception towards this because sometimes they think that using bots can increase their chances to win that's why they waste their money buying it and soon they realize that they are just wasting their money for this especially if they are not whales.

The people making money are probably the sellers of the bots and the casino owners. I haven't seen any bot that can actually generate more money, independent of the amount of money that you use with them.

The gambler himself is the one losing money in the end, even though there might be an illusion that he's doing well.

If I talk about any trading platform where I can use bots because in trading business the price of your asset may increase or decrease you can recover the loss relatively little if you want. But gambling sites completely different to me. I can never trust on bots in this area.

nullama

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Quote from: ultrloa on August 16, 2022, 06:17:14 PM

~snip~
Well somehow its good to have bots because you can maximize your bets as a whale and you can do what task you want to input in your bots. But sometimes many people have misconception towards this because sometimes they think that using bots can increase their chances to win that's why they waste their money buying it and soon they realize that they are just wasting their money for this especially if they are not whales.

The people making money are probably the sellers of the bots and the casino owners. I haven't seen any bot that can actually generate more money, independent of the amount of money that you use with them.

The gambler himself is the one losing money in the end, even though there might be an illusion that he's doing well.

ultrloa

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Quote from: chaser15 on August 16, 2022, 05:20:30 PM

Quote from: Cling18 on August 16, 2022, 11:25:16 AM

Gambling bots are really for lazy players who don't have enough time to decide on their bets so they rely on auto betting which I think is too risky. Depending on gambling bots won't guarantee you any winning and you can't also apply the smart strategy to your bets. It can help you save time if you can't focus but you might also mishandle your funds if you rely everything on it.

I have to disagree with you there and it's another way around.

Didn't you know that bot users are more of much technical and focused to win compared to average gamblers? Just imagine how much they are putting in on their bankroll to cover what they need to spend on their session with the use of bot programs.

Setting up the algorithm that bots will do is not just a simple task as every command should properly take place.

Well somehow its good to have bots because you can maximize your bets as a whale and you can do what task you want to input in your bots. But sometimes many people have misconception towards this because sometimes they think that using bots can increase their chances to win that's why they waste their money buying it and soon they realize that they are just wasting their money for this especially if they are not whales.

chaser15

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Quote from: Cling18 on August 16, 2022, 11:25:16 AM

Gambling bots are really for lazy players who don't have enough time to decide on their bets so they rely on auto betting which I think is too risky. Depending on gambling bots won't guarantee you any winning and you can't also apply the smart strategy to your bets. It can help you save time if you can't focus but you might also mishandle your funds if you rely everything on it.

I have to disagree with you there and it's another way around.

Didn't you know that bot users are more of much technical and focused to win compared to average gamblers? Just imagine how much they are putting in on their bankroll to cover what they need to spend on their session with the use of bot programs.

Setting up the algorithm that bots will do is not just a simple task as every command should properly take place.

They are using bots for a better application of their strategy which they can't execute properly in manual. Although we all know that it doesn't change the chances of their winning, it's still better for them to use strategies rather than rely purely on luck or do a suicidal bet.

dunfida

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Quote from: Cling18 on August 16, 2022, 11:25:16 AM

Quote from: Rruchi man on June 06, 2022, 08:35:44 PM

Quote from: Davidvictorson on June 06, 2022, 03:31:24 PM

Just as there are crypto trading bots, there are also gambling bots.

This takes out the fun from gambling and eliminates or reduces the possibility of you understanding a game better as a gambler. It is a lazy man's resort and will be an option for those whose main purpose for gambling is to make money. Although for some games, their accuracy and efficiency rate is high, I still consider gambling bots not to be 100% effective as the article highlights them to be only useful for strategy-based games.

I also find that usage of bots in gambling can lead to dependence on them even to the point that one cannot gamble if they don't use a bot.

Gambling bots are really for lazy players who don't have enough time to decide on their bets so they rely on auto betting which I think is too risky. Depending on gambling bots won't guarantee you any winning and you can't also apply the smart strategy to your bets. It can help you save time if you can't focus but you might also mishandle your funds if you rely everything on it.

Most common wrong or misconception of someone is that they do really believe that bots could really increase out winning chance which is really very wrong and this is what people do been pushed of to play even more

even on automation but in overall sense when it comes to bot usage is that it is really just good when you are just tending to make out some auto bet but in overall settings and adjustments then it would really be
depending on you.There's no such thing about being profitable with bots, it is really just making actions automated and on a fast pace manner and not that increasing the odds or chance
for you to win up certain games.

Ararbermas

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For people who cares about winning and profits probably its worth it to provide not for those who play for entertainment only . But the question is, it is really existing in gambling platform and how accurate it is? Because tbh with you i never heard such stuff when it comes gambling.. Grin

and how comes that no one is interested on it here in forum so that they can share it and their experiences as well..

ChiBitCTy

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Personally I don’t think I’d ever even entertain the idea of using gambling bots. First off using the term “AI” or artificial intelligence I think is blown out of per portion or just simply wrong. AI is not truly self learning, yet, so I just don’t trust it. Secondly if gambling bots really worked well, we’d all know about it and this would even really be a conversation.

Topic: How Profitable are Gambling Bots? (Read 1962 times)