How Profitable are Gambling Bots? - page 11.

Lanatsa

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Quote from: goinmerry on June 09, 2022, 06:09:07 PM

Quote from: TimeTeller on June 09, 2022, 05:45:10 PM

We can't expect much from a luck-based game. Because even if we use autobet or bots, if you don't know when to stop, HE will truly catch up with you.
If you are betting big, for me, that's not good if you are putting on auto-bet as you may not realize that your bankroll is already low before you stop it.
The profitability depends on the user himself, if using autobet, know when to stop and if using bots, know the right coding to take advantage its AI features.

In the very first place, auto-betting is not designed to increase our chances of winning. It's just, of course, to take over the usual manual betting which seems a hassle to do so, especially by regular players of dice or hi-roll games. Usually, those who are using it already know that their bankroll might be depleted soon that's why they only set a fixed bankroll on that session.

It doesn't also mean that if these gamblers use auto-betting, they are literally away from their keyboards. They still watched it while sitting and once hit a good profit, they will now stop the feature and collect what they got.

It was never intended for that way because bots are for automation of bets and not for making money and this is the common misconception of most newbies on where
people believe that they could win against the house.

Bots are good if you are away from keyboard or pc where you could just leave there and test out your discovered strategy.If you do see that it isnt really on nice
setting then you can changed it out.

Dont think about profit because thats not how it works.

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Quote from: Davidvictorson on June 06, 2022, 02:31:24 PM

to being highly able to accurate predictions about a game’s outcome that could in turn increase the individual's chances of wining.

would you mind elaborating on this one? are talking about patterned bets that have been set by the bettor where the bettor assumed how many bets that is needed to be done before the supposed "huge win" or "jackpot" hits?

Quote from: Davidvictorson on June 06, 2022, 02:31:24 PM

Have you ever tried to use the autobet on some gambling websites or have you successfully used third-party bot scripts for betting on sites where it is allowed? Did the bots win?

I've never used a third-party bot but I've used auto bet before, and no I didn't win but it is a great feature to have in a casino.

goinmerry

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Quote from: TimeTeller on June 09, 2022, 05:45:10 PM

We can't expect much from a luck-based game. Because even if we use autobet or bots, if you don't know when to stop, HE will truly catch up with you.
If you are betting big, for me, that's not good if you are putting on auto-bet as you may not realize that your bankroll is already low before you stop it.
The profitability depends on the user himself, if using autobet, know when to stop and if using bots, know the right coding to take advantage its AI features.

In the very first place, auto-betting is not designed to increase our chances of winning. It's just, of course, to take over the usual manual betting which seems a hassle to do so, especially by regular players of dice or hi-roll games. Usually, those who are using it already know that their bankroll might be depleted soon that's why they only set a fixed bankroll on that session.

It doesn't also mean that if these gamblers use auto-betting, they are literally away from their keyboards. They still watched it while sitting and once hit a good profit, they will now stop the feature and collect what they got.

TimeTeller

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Quote from: Fatunad on June 09, 2022, 05:40:02 PM

Quote from: coin-investor on June 09, 2022, 05:27:14 PM

Quote from: Davidvictorson on June 06, 2022, 02:31:24 PM

Have you ever tried to use the autobet on some gambling websites or have you successfully used third-party bot scripts for betting on sites where it is allowed? Did the bots win?

I do from time to time but even with the best combination or formula, the house edge will always catch you, for me its the easiest way to lose, most of my betting sessions are on manual I like to feel the excitement on every bet, something that you cannot do on auto, on the manual you can change the setting to try to counter the next result, it's more exciting doing this than placing a bet on an auto bet.

Manual is i do always prefer and same as you said where you could really alter out bets if you do see that it wasnt really that good in your bankroll and speaking with thrill and excitement
then having those manual bets is something enjoyable unlike when you are using bot or automation.Its already understandable about house edge that house do always win in the end.
If you do really tend to look on overall wager and gains then you do still lose despite on having low HE and its just typical on the business.

We can't expect much from a luck-based game. Because even if we use autobet or bots, if you don't know when to stop, HE will truly catch up with you.
If you are betting big, for me, that's not good if you are putting on auto-bet as you may not realize that your bankroll is already low before you stop it.
The profitability depends on the user himself, if using autobet, know when to stop and if using bots, know the right coding to take advantage its AI features.

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Quote from: coin-investor on June 09, 2022, 05:27:14 PM

Quote from: Davidvictorson on June 06, 2022, 02:31:24 PM

Have you ever tried to use the autobet on some gambling websites or have you successfully used third-party bot scripts for betting on sites where it is allowed? Did the bots win?

I do from time to time but even with the best combination or formula, the house edge will always catch you, for me its the easiest way to lose, most of my betting sessions are on manual I like to feel the excitement on every bet, something that you cannot do on auto, on the manual you can change the setting to try to counter the next result, it's more exciting doing this than placing a bet on an auto bet.

Manual is i do always prefer and same as you said where you could really alter out bets if you do see that it wasnt really that good in your bankroll and speaking with thrill and excitement
then having those manual bets is something enjoyable unlike when you are using bot or automation.Its already understandable about house edge that house do always win in the end.
If you do really tend to look on overall wager and gains then you do still lose despite on having low HE and its just typical on the business.

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Quote from: Davidvictorson on June 06, 2022, 02:31:24 PM

Have you ever tried to use the autobet on some gambling websites or have you successfully used third-party bot scripts for betting on sites where it is allowed? Did the bots win?

I do from time to time but even with the best combination or formula, the house edge will always catch you, for me its the easiest way to lose, most of my betting sessions are on manual I like to feel the excitement on every bet, something that you cannot do on auto, on the manual you can change the setting to try to counter the next result, it's more exciting doing this than placing a bet on an auto bet.

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Quote from: Cling18 on June 08, 2022, 01:54:42 PM

Quote from: KTChampions on June 08, 2022, 12:10:02 PM

Taking into account the fact that now a significant part of the odds is determined by AI, and live bets, I am sure, are controlled by automated systems (since it is impossible to manually change dozens of parameters for each event without error), we can say that at the moment the market is controlled by bots and they are profitable Grin

But unfortunately they play on the side of the casino and their use by players is almost impossible.

I certainly agree. Most trading bots play on the side of the casino and they could possibly be controlled by the site itself since its their program that's why I find it convenient but definitely risky. I would rather risk my funds through doing manual trading where I could decide on my own and control my bets than rely on trading bots. I've used trading bots before and I often lost.

If you are talking about trading on the exchange, then those bots are very different from gambling bots. There is only one "correct" strategy in gambling - arbitrage. If your bot can do this, then you will definitely be profitable, but I doubt that you have such a bot. Otherwise, you cannot entrust the bot with such work as analyzing news and odds, so you should only do such things manually.

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Quote from: bitzizzix on June 08, 2022, 03:03:48 AM

I agree with you, using bots is tantamount to us not being able to enjoy the pure game and like having no skill or effort to win and it's not for fun but greed and shows a less qualified gambler.
after all, successful betting bots cannot be released to the public, and you will always run the risk of your bot stopping to make a profit, although there are methods that can help the bot update itself with new information.

That's true and the casinos also won't let bots help gamblers maximize their profits.
Casinos will know if gamblers are using bots or manuals, which could cause our account to be in trouble, especially if the casino doesn't allow the use of bots.
It is better to play manually for a certain time to really enjoy our time playing gambling.
In addition, we also need to limit the use of money and time in playing gambling, which seems difficult to do when using bots.

Quote from: TheGreatPython on June 08, 2022, 02:04:26 PM

So the bots do have some kind of an expiration? Hmm interesting but yes you should stop once you noticed that things are not in your favor anymore before more losses you are going to incur. When you use bots you should not be confident because like you said what if the bot malfunctions? That is why it is important to monitor it.

If you are playing for fun only then there is no point of using bots or even the on site autobet because you won't truly feel your game that way. And who we are to prohibit people to not use bots? You can only restrict the use of bots if you are the owner of a gambling site because you think this is a threat to your business.

Maybe that's the case and because of that, we can't continue to rely on bots because the casinos will also update their systems to prevent gamblers from winning big bucks.
We have to stop before things become detrimental to us and we can lose what we have won.
The use of bots is for people who don't want to see how the game is going because they are busy people who want to gamble.
It's better to play as is without using bots so that we can feel the excitement of playing gambling.

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Quote from: Cling18 on June 08, 2022, 01:54:42 PM

Quote from: KTChampions on June 08, 2022, 12:10:02 PM

Taking into account the fact that now a significant part of the odds is determined by AI, and live bets, I am sure, are controlled by automated systems (since it is impossible to manually change dozens of parameters for each event without error), we can say that at the moment the market is controlled by bots and they are profitable Grin

But unfortunately they play on the side of the casino and their use by players is almost impossible.

I certainly agree. Most trading bots play on the side of the casino and they could possibly be controlled by the site itself since its their program that's why I find it convenient but definitely risky. I would rather risk my funds through doing manual trading where I could decide on my own and control my bets than rely on trading bots. I've used trading bots before and I often lost.

The OP is made reference to gambling bot not a trading bot, though both work in a similar fashion, advancement in technology like the innovation of artificial intelligence AI has been used mimic the manual way of gambling to earn profit, however I think it's not going to be as effective as the manual one due to the inconsistent nature of gambling outcomes, though I haven't used the bot to test it efficacy, but It is not popular because of it unreliability which can possibly lead to huge losses that is why many gamblers sticked to their manual method of gambling

Lanatsa

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Quote from: Cling18 on June 08, 2022, 01:54:42 PM

Quote from: KTChampions on June 08, 2022, 12:10:02 PM

Taking into account the fact that now a significant part of the odds is determined by AI, and live bets, I am sure, are controlled by automated systems (since it is impossible to manually change dozens of parameters for each event without error), we can say that at the moment the market is controlled by bots and they are profitable Grin

But unfortunately they play on the side of the casino and their use by players is almost impossible.

I certainly agree. Most trading bots play on the side of the casino and they could possibly be controlled by the site itself since its their program that's why I find it convenient but definitely risky. I would rather risk my funds through doing manual trading where I could decide on my own and control my bets than rely on trading bots. I've used trading bots before and I often lost.

For reputable sites then i doubt that they would be definitely rigging up their bots for their own benefit because if there's someone who do make out some investigative approach about your bots or something in related

with fairness and its been proven out that you are cheating the community then say goodbye into your business because any scam accusations or shady behavior that do involves trust and once its been broken

then there's no way that you could take it back because once the community will really be having some bad impressions then its really hard to clear it over.

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Quote from: traderethereum on June 07, 2022, 11:17:05 PM

I think the use of bots will depend on how long you can profit and if you are no longer profitable, you don't need to use them again.
I'm afraid of using bots if the bot goes beyond what we have set and even causes harm to us.
But sometimes, bots cannot make us enjoy gambling games because the playing process takes place automatically.
But we can't prohibit people who still use bots to gamble.

So the bots do have some kind of an expiration? Hmm interesting but yes you should stop once you noticed that things are not in your favor anymore before more losses you are going to incur. When you use bots you should not be confident because like you said what if the bot malfunctions? That is why it is important to monitor it.

If you are playing for fun only then there is no point of using bots or even the on site autobet because you won't truly feel your game that way. And who we are to prohibit people to not use bots? You can only restrict the use of bots if you are the owner of a gambling site because you think this is a threat to your business.

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Quote from: KTChampions on June 08, 2022, 12:10:02 PM

Taking into account the fact that now a significant part of the odds is determined by AI, and live bets, I am sure, are controlled by automated systems (since it is impossible to manually change dozens of parameters for each event without error), we can say that at the moment the market is controlled by bots and they are profitable Grin

But unfortunately they play on the side of the casino and their use by players is almost impossible.

I certainly agree. Most trading bots play on the side of the casino and they could possibly be controlled by the site itself since its their program that's why I find it convenient but definitely risky. I would rather risk my funds through doing manual trading where I could decide on my own and control my bets than rely on trading bots. I've used trading bots before and I often lost.

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Quote from: KTChampions on June 08, 2022, 12:10:02 PM

Taking into account the fact that now a significant part of the odds is determined by AI, and live bets, I am sure, are controlled by automated systems (since it is impossible to manually change dozens of parameters for each event without error), we can say that at the moment the market is controlled by bots and they are profitable Grin

But unfortunately they play on the side of the casino and their use by players is almost impossible.

That is true, bots will help the gambling sites to handle thosands of tasks, but not use by punters is also possible, if not to be confused, I think what you meant is that the casinos and other gambling sites are using it to make profit while punters are using it in a way it can make them lose or have no significance towards making profit. If that is what you meant, you are definitely right about it.

KTChampions

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Taking into account the fact that now a significant part of the odds is determined by AI, and live bets, I am sure, are controlled by automated systems (since it is impossible to manually change dozens of parameters for each event without error), we can say that at the moment the market is controlled by bots and they are profitable Grin

But unfortunately they play on the side of the casino and their use by players is almost impossible.

Text

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Quote from: TopTort777 on June 08, 2022, 02:39:56 AM

Correct, monitoring is a must. All these automated actions are dangerous. I remember playing dice with autobet. Game page has showed warning about started maintenance, autobet kept placing bets, but every time I've lost - I've lost balance, and when I won, nothing was added to my balance. Due that, I have "successfully" lost 1/4 of my balance. I was lucky I have noticed that nothing getting added to my balance when I win, because if I would have just left my PC for a while, I would have ended with 0.00 balance.

After you have noticed the scenario, what did you do then? Did you report or contact support regarding the case? Do you think they will cover for that kind of instance or it is your mistake for not monitoring the site while bets are running?

Whenever I use auto-bet, sometimes I also leave it for a while, like a couple of minutes, and figure out that it was stopped with a loss due to a power interruption or connection issue, that's frustrating you know.

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In fact, if bots worked, casinos wouldn't allow and provide them to users. Bots are helpful when using strategies you rely on a vast number of bets to make profit, but they don't prevent you from losing money at some point because the house edge is imbatible, therefore bots aren't profitable in no ways. When the gambler doesn't understand the bot functionality, it can be a very dangerous situation for him, since he is going to put all his money, hopes and expectations on this virtual friend in order to profit from a gambling game. After all the gambler just loses everything in record time. I say that due to commiting such mistakes when I was firstly introduced to crypto gambling.

Bots aren't magical trickers or expert mathematicians who will turn the table at your favour. All they do is to replace the action of clicking the roll button and changing bet size, odds you would have to click with your fingers.

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Quote from: Davidvictorson on June 06, 2022, 02:31:24 PM

Just as there are crypto trading bots, there are also gambling bots. According to Wikipedia, Gambling bots are software which use a gambling website's Application programming interface (API) to speed up the process of placing bets based upon a gambling system or betting strategy to decide which bets to place. In short, they are AI powered bots that do the betting for you. Aside form the risk of having your casino account closed, these bots are not ideal for all types of games. There are several reasons people give for using bots. From making betting easier, being able to use multiple bots at once, to being highly able to accurate predictions about a game’s outcome that could in turn increase the individual's chances of wining.

Have you ever tried to use the autobet on some gambling websites or have you successfully used third-party bot scripts for betting on sites where it is allowed? Did the bots win?

I think I can answer this question well because I have tried the auto bet feature on many games as well as I have used bots/automated scripts.
In fact I have created bots by myself which I have used to play some dice games at times. It was all for fun though.
Yes, I think they might come handy when we have a particular strategy in our mind. We can execute the bets as per our strategy without having to place the bets again and again.
Both playing manually and using bots have their own pros and cons.

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Quote from: Doell on June 06, 2022, 03:48:11 PM

Quote from: Davidvictorson on June 06, 2022, 02:31:24 PM

Have you ever tried to use the autobet on some gambling websites or have you successfully used third-party bot scripts for betting on sites where it is allowed? Did the bots win?

Maybe almost everyone has used autobet or bots if active in dice gambling, to be honest I've also used a autobet but unfortunately it doesn't work as well as other gamblers, (sometimes) between winning in the short term works more for me than in the long term. You must be to big a money to start, may can be get passive profit but remember still beating the house is not easy.

Autobet for me have not been profitable, am also aware of the fact that there are some people who tries using mathematics on these bots on the site but at the end of the day it didn't work at all and they ended up loosing everything on martingale.

Bots which are outside of the gambling site in particular might be more effective since this way the site cannot control them and therefore as it turns out at the end of the day you might have a better chance at winning as well.

But the whole idea is the experience and the bot might take it away from you..

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Quote from: bittraffic on June 07, 2022, 12:50:42 AM

Well that makes sense. They must be really that rich to ask a bot to do gamble for them while they gamble somewhere else. Most dice games today has autobet actually but have not used it ever.

I have not been interested to them but can the gambling bots be programmed to do some strategies like martingale for you?

Yes, it's actually really easy since it has a pretty simple pattern. The bots just need to be able to change the stuff that matters for the strategy and their good to go. Afaik you can even set it up with the autobets of casino themselves due to how simple it is.

Quote from: SirLancelot on June 08, 2022, 09:14:11 AM

If it is possible for those games then it can also be possible to almost any other games? Using bots cant make your predictions more accurate no matter what code you put in it because they will be forbidden now if that is possible. I tried them before and the results are still the same. Sometimes I win and sometimes I lose.

Bots can do it in the first place since each game has a 50/50 chance (or lower) of you winning. Chances don't get carried over to the next game and bots can't exactly influence the result no matter what. If it was possible forget about the bots, players would have used those strategies already.

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Quote from: Davidvictorson on June 06, 2022, 02:31:24 PM

Have you ever tried to use the autobet on some gambling websites or have you successfully used third-party bot scripts for betting on sites where it is allowed? Did the bots win?

Just like trading bots, gambling bots are also legal. They cant be used as a backdoor to increase your chances of winning or for you to win at 100 percent chance but for us to be sure better if we read the rules of the gambling site first, as some sites can treat this tool same to what they treat vpn's although vpn's are more serious than bots. Most of the gambling bots that I see are made for dice but I already see a bot for hilo, mines and limbo.

If it is possible for those games then it can also be possible to almost any other games? Using bots cant make your predictions more accurate no matter what code you put in it because they will be forbidden now if that is possible. I tried them before and the results are still the same. Sometimes I win and sometimes I lose.

Topic: How Profitable are Gambling Bots? - page 11. (Read 1967 times)