How Profitable are Gambling Bots? - page 4.

noormcs5

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Quote from: harizen on July 17, 2022, 06:32:46 PM

Quote from: noormcs5 on July 17, 2022, 06:16:08 PM

By using the bots, there will be no fun as you will not be gambling. Its the bot who will gamble on your behalf and you will earn/lose money.

Obviously, that's why the user used the bot to gamble the money on their behalf.

What's the connection between it on the fun part?

If it's winning or losing in the end, then that's the question and we don't know the result at the end. Users considering using bots not actually to make income out of it but just to follow a certain algorithm that the users want to apply to that game.

Gambling has a big connection to the fun part too. There are gamblers who gamble to have fun and entertainment. Gaining money from gambling is a secondary thing for them.
I am referring to those types of people as they will never prefer to use bots and will always prefer to play themselves and have fun Wink

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Quote from: mm2543363580 on July 23, 2022, 09:30:11 AM

Quote from: LUCKMCFLY on July 21, 2022, 10:58:33 PM

If this is so, what is the point of using bots for casinos? if they are not able to beat the system? I feel that this type of gambling bot is not profitable at all, and even so if it worked only 1 time and if they show that it works 100% well, guaranteeing good amounts of profit, no matter how expensive it was, I know that the players would buy it, but It doesn't make any sense, besides, as I said before, it doesn't make sense to play with bots risking our lives, which may already be well worked by a bot that doesn't even have a good effectiveness rate, at least in my personal opinion. I don't see anything good about it.

Well - I agree the gambling bots are very different from the social media bots.
But the bots are bots and with thrill they brings trouble too. So better use them when you need them the most and if there is something very important required. Otherwise just ignore.

Gambling bots can never be compared to social media bot. Gambling bots are completely different. And its working is also different. But I think there is no need to use bots for experts. But it is ok to use bot for newbies. Because experts and a professional gambler prefer to gamble manually. And this they enjoy with joy.

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Quote from: LUCKMCFLY on July 21, 2022, 10:58:33 PM

If this is so, what is the point of using bots for casinos? if they are not able to beat the system? I feel that this type of gambling bot is not profitable at all, and even so if it worked only 1 time and if they show that it works 100% well, guaranteeing good amounts of profit, no matter how expensive it was, I know that the players would buy it, but It doesn't make any sense, besides, as I said before, it doesn't make sense to play with bots risking our lives, which may already be well worked by a bot that doesn't even have a good effectiveness rate, at least in my personal opinion. I don't see anything good about it.

Well - I agree the gambling bots are very different from the social media bots.
But the bots are bots and with thrill they brings trouble too. So better use them when you need them the most and if there is something very important required. Otherwise just ignore.

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Quote from: Naficopa on July 09, 2022, 01:47:14 PM

Quote from: Jemzx00 on July 09, 2022, 10:12:34 AM

Bots from social media and bots from gambling are not alike and are too different from each other especially when it comes to functionalities. Social media bots are mostly used for increasing followers and traffic from each post being made thru comments, followers and likes. Gambling bots are used to detect which strategy best work for each seed. I mainly see gambling bots on dice games and there some software out there that you can buy to process which strategy best work for each seed however it is not accurate which is why this only sometimes work at the first you used it.

That is good point mentioned - the gambling bots and social media bots are two different things all together.
But that is also correct that whatever strategy the bots suggest is not always correct. However - for keeping a check that is also a fine thing to do...

If this is so, what is the point of using bots for casinos? if they are not able to beat the system? I feel that this type of gambling bot is not profitable at all, and even so if it worked only 1 time and if they show that it works 100% well, guaranteeing good amounts of profit, no matter how expensive it was, I know that the players would buy it, but It doesn't make any sense, besides, as I said before, it doesn't make sense to play with bots risking our lives, which may already be well worked by a bot that doesn't even have a good effectiveness rate, at least in my personal opinion. I don't see anything good about it.

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Quote from: sharpBettingApps on July 20, 2022, 12:19:51 PM

I literally make/maintain/and run gambling bots for a living. They find edge bets by comparing lines between books.

This year I will probably make about $300k which represents about 17% of the profit my bots will have generated (the people who own the accounts get a portion and I have other partners who get a portion).

On that note if anyone has account/s with local bookies websites and wants to get some sharp/edge action send me a PM.

Seems like one of those tales in which someone tells you "I am super rich and I am going to teach you how to be rich just for a small fee". It does not make sense from beginning to end. If you can make thousands just charging a fee, you have no reason to work for others and you certainly do not need to be looking for the retail investors around here.

My guess: you promise, no upfront, only fee if you win. You live on those who win and the ones who loose.. too bad.

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I have used several bots with betfair (here you can access the APP section https://apps.betfair.com/) and they are really encouraged (so much so that they themselves have created some basic versions and advertising directly on their website).
especially in exchange betting it must be encouraged as a practice because it generates greater turnover ... those who speak against this type of practice or do not consider them profitable ... Roll Eyes

have not understood what we are talking about

Quote from: jostorres on July 21, 2022, 03:26:09 PM

Quote from: qwertyup23 on July 16, 2022, 06:56:48 PM

I think it has something to do with bots being associated with cost that people fail to realize that they can create one. The beauty behind these bots is that you can set the parameters on the minimum/maximum bets you can put and automatically use it to save yourself some time. Technically, gambling bots are used mostly by gamblers who are profit-driven since they let the bots gamble for them.

Gambling bots should be beneficial but it carries a lot of risk to the gambler himself since the latter does not personally see what is happening on the game.

Like he said, you can always create one but the problem is not all are developers but they are just a simple gambler and if they have such skill then I don't think they will hang out most of the time in gambling places because that alone can already provide them a good money and I think its also time consuming.

There are a good number of developers around the world but I wonder why there are only 2 known bots in the gambling world up until now, so I am also thinking that maybe it needs some kind of a license or a permission if a gambling site will allow it or not. Combining all those requirements, I don't think it was still easy.

jostorres

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Quote from: qwertyup23 on July 16, 2022, 06:56:48 PM

I think it has something to do with bots being associated with cost that people fail to realize that they can create one. The beauty behind these bots is that you can set the parameters on the minimum/maximum bets you can put and automatically use it to save yourself some time. Technically, gambling bots are used mostly by gamblers who are profit-driven since they let the bots gamble for them.

Gambling bots should be beneficial but it carries a lot of risk to the gambler himself since the latter does not personally see what is happening on the game.

Like he said, you can always create one but the problem is not all are developers but they are just a simple gambler and if they have such skill then I don't think they will hang out most of the time in gambling places because that alone can already provide them a good money and I think its also time consuming.

There are a good number of developers around the world but I wonder why there are only 2 known bots in the gambling world up until now, so I am also thinking that maybe it needs some kind of a license or a permission if a gambling site will allow it or not. Combining all those requirements, I don't think it was still easy.

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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 play on betfury, roobet, bitcasino and stake and I have tried the auto-bet they provide, to be honest, I don't really like auto-bet, it's hard to control it, it makes me lose more than win.

Quote from: sensimilia on July 18, 2022, 09:50:47 AM

Quote from: Lida93 on July 18, 2022, 08:42:32 AM

I am not sure I have made use of auto-bet since my gambling history, that's cause am not comfortable with the whole thing as it's a system programmed by humans like me that are into business too, so what made me think it's gonna actually be for my gain. So I trust my instinct and it has really being profitable for me.

I am not ready to use Autobot for gambling. I personally prefer manual betting. Gambling bot can be profitable but i haven’t much experience on it. I think using a bot will deduct a commission from per winning. This is not a problem. But if the bot doesn't work properly. Then you have to face losses.

if you have sufficient capital to handle the rounds that you do, then you can use the auto-bet or gambling bot feature but if you are a newbie and don't have large capital you should stay away from auto-bet and gambling bots.

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Quote from: Mr. Magkaisa on July 21, 2022, 04:07:18 AM

That's also the thing I'm thinking, because if I'm the one selling or renting a bot to make money for other traders, it turns out I'm not telling the truth to other people. My only desire is to make money. Because if it is true that I can earn a lot with the bot, I will not waste time with others just to teach them to earn, instead I will always prioritize myself to get rich before them.

If the bot application algorithm can work for high chances of winning slot games, dice or other gambling games, then the application will not be sold and will be hidden by the developer for personal consumption and he will prioritize enriching himself over selling his application for low prices. In my opinion, gambling bot applications only make it easier for gamblers to "set-auto" run bot applications when gamblers are bored to monitor the odds of slot betting games, dice and others.

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Quote from: Jawhead999 on July 18, 2022, 08:19:05 AM

Quote from: uneng on July 18, 2022, 07:36:28 AM

I believe people offering bots services with guaranteed returns are doing this on purpose of scamming naive and greedy gamblers for profit. This includes hypothetical scripts promising to cheat online platforms in order to assure profit to players. In some cases I see gamblers who lost money they shouldn't have wagered at first place selling these 'money making methods' ahead to another gamblers in a desperate attempt to recover every funds they have let gone. That is, to not take responsability for their own acts and prejudice other people to recover their personal losses.

That's where we need to think how genuine the bots if the seller promise the bots will make a guaranteed return without any risk. If this bots actually can work and earn guaranteed return everyday, the seller doesn't need to sell his bots since it just make other people copying his way to earn easy money. If he can earn money everyday by just gambling using his bots, he will become a millionaire and no need to sell it.

That's also the thing I'm thinking, because if I'm the one selling or renting a bot to make money for other traders, it turns out I'm not telling the truth to other people. My only desire is to make money. Because if it is true that I can earn a lot with the bot, I will not waste time with others just to teach them to earn, instead I will always prioritize myself to get rich before them.

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Quote from: KTChampions on July 20, 2022, 02:04:00 PM

Quote from: uchegod-21 on July 19, 2022, 05:02:02 PM

Everything is about programming and algorithm, if there is a clear prediction of the algorithm a site is using, it is possible to have bots place bets and win bets. Then it is not a guarantee for profits because anything could happen and your portfolio would vanish. My experience with bots is that even if you are using bots, there is still need for human intervention to maneuver or correctly manipulate the process. Everything is possible and knowing to do things without putting 100% is a cool feeling.

What algorithm are you talking about? To generate results, RNGs are now used, and as far as I know, if vulnerabilities were found in early RNGs from time to time, now they are close to perfect. Therefore, there is no algorithm to understand it and make some predictions based on this understanding. But if you find some kind of vulnerability (I argue theoretically), then of course you can come up with a bot for it to use it.

the use of bots completely still gives random values because as far as I know about bots no one can provide a very absolute advantage, it all depends on your luck, even though using any type of algorithm I'm sure the developers of the gambling place provide a more complex and very complicated script. difficult to penetrate using bots.

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Quote from: rby on July 20, 2022, 01:30:53 PM

Quote from: el che on July 19, 2022, 06:24:35 PM

personally I think bots take all the fun away from gambling.

You are correct mate. The purpose of gambling to me is to have fun and for entertainment. But if someone or something does the gambling for you, the fun and entertainment is therefore eliminated. It is not worth it, it can only worth it if you are using gambling as a business or for investment, you won't care about the fun or entertainment but the money that comes with it. By this then it is justifiable to depend on bots only if it works.

If you think bots take all the fun away from gambling then I think you might have forgotten why you choose to gamble. The rich Gamble for fun why those of us that are middle class or third class gambler to earn more apart from our salaries or wages. We shouldn't sticking to gambling for fun rather to concentrate on making more money from it. Bot use for betting are more faster in making profits than our mere self that is why many gambling platforms does not allow it. Bots can be profitable sometimes and we should reply too much on it.

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Quote from: rby on July 20, 2022, 04:02:12 PM

Quote from: Lanatsa on July 20, 2022, 02:55:16 PM

Quote from: rby on July 20, 2022, 02:49:14 PM

That is a major con of bots. When someone feels he has understood a particular algorithm and tested it and confirmed that it is working, he will write a programme according to the algorithm. Then if there are changes or manipulations, the program has already been written and it will continue to run unless it is altered by someone. So if you are not close to your computer, bots can ruin your life. I have a huge experience on bots, I guess it will be same for casino.

Alteration of bots could really be just depending on the creator or someone does have the knowledge on editting things up considering not all does have that kind of technical knowledge then it is really a less likely type

of scenario that could really happen on thats why alteration would be most likely be on someone who had been using the bot and not the people around.It is really just people does have that wrong misconception about

I really understood your explanation about the alteration of bots, that is true. Thanks for that, it is the bot user or someone who has knowledge of editing things up that could alter a bot.
But this is saying about the bot environment, how about the exchange in the case of trading, and casino site in terms of gambling. What if they change their own algorithm upon which the bot was programmed. That is the question.

If you are in doubt about those probabilities and you do have some hunch that the platform is somewhat manipulative or shady then you could always do something where it could really be proven out.

Try to make out some video or something like that where you had put up those codes/commands on a particular bot showing on what you set out and then try to make some session and
see those codes after that session if it was changed or not.

You could really make out some accusations but having no proof then its really hard to fight against or do make out valid accusations.

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Quote from: Lanatsa on July 20, 2022, 02:55:16 PM

Quote from: rby on July 20, 2022, 02:49:14 PM

That is a major con of bots. When someone feels he has understood a particular algorithm and tested it and confirmed that it is working, he will write a programme according to the algorithm. Then if there are changes or manipulations, the program has already been written and it will continue to run unless it is altered by someone. So if you are not close to your computer, bots can ruin your life. I have a huge experience on bots, I guess it will be same for casino.

Alteration of bots could really be just depending on the creator or someone does have the knowledge on editting things up considering not all does have that kind of technical knowledge then it is really a less likely type

of scenario that could really happen on thats why alteration would be most likely be on someone who had been using the bot and not the people around.It is really just people does have that wrong misconception about

I really understood your explanation about the alteration of bots, that is true. Thanks for that, it is the bot user or someone who has knowledge of editing things up that could alter a bot.
But this is saying about the bot environment, how about the exchange in the case of trading, and casino site in terms of gambling. What if they change their own algorithm upon which the bot was programmed. That is the question.

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Quote from: rby on July 20, 2022, 02:49:14 PM

Quote from: fzkto on July 20, 2022, 01:50:11 PM

Quote from: rby on July 20, 2022, 01:30:53 PM

Quote from: el che on July 19, 2022, 06:24:35 PM

personally I think bots take all the fun away from gambling.

You are correct mate. The purpose of gambling to me is to have fun and for entertainment. But if someone or something does the gambling for you, the fun and entertainment is therefore eliminated. It is not worth it, it can only worth it if you are using gambling as a business or for investment, you won't care about the fun or entertainment but the money that comes with it. By this then it is justifiable to depend on bots only if it works.

True, if the bots know how to work on gambling sites. And as we know, when some algorithms are changed by the casino, the bots may not work properly. To be honest, I have tried trading bots on the exchange, and very often encountered frequent setup problems due to market manipulation. I think it looks about the same in casinos.

That is a major con of bots. When someone feels he has understood a particular algorithm and tested it and confirmed that it is working, he will write a programme according to the algorithm. Then if there are changes or manipulations, the program has already been written and it will continue to run unless it is altered by someone. So if you are not close to your computer, bots can ruin your life. I have a huge experience on bots, I guess it will be same for casino.

Alteration of bots could really be just depending on the creator or someone does have the knowledge on editting things up considering not all does have that kind of technical knowledge then it is really a less likely type

of scenario that could really happen on thats why alteration would be most likely be on someone who had been using the bot and not the people around.It is really just people does have that wrong misconception about

bots on being profitable even though they do make some backtesting or trials and ends up to be profitable and on the time that it busted up on real funds, does it mean you have been cheated or manipulated?

No its not, it is really just the normal thing that do happen on gambling world on where house do always win and bots are just for automation.

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Quote from: fzkto on July 20, 2022, 01:50:11 PM

Quote from: rby on July 20, 2022, 01:30:53 PM

Quote from: el che on July 19, 2022, 06:24:35 PM

personally I think bots take all the fun away from gambling.

You are correct mate. The purpose of gambling to me is to have fun and for entertainment. But if someone or something does the gambling for you, the fun and entertainment is therefore eliminated. It is not worth it, it can only worth it if you are using gambling as a business or for investment, you won't care about the fun or entertainment but the money that comes with it. By this then it is justifiable to depend on bots only if it works.

True, if the bots know how to work on gambling sites. And as we know, when some algorithms are changed by the casino, the bots may not work properly. To be honest, I have tried trading bots on the exchange, and very often encountered frequent setup problems due to market manipulation. I think it looks about the same in casinos.

That is a major con of bots. When someone feels he has understood a particular algorithm and tested it and confirmed that it is working, he will write a programme according to the algorithm. Then if there are changes or manipulations, the program has already been written and it will continue to run unless it is altered by someone. So if you are not close to your computer, bots can ruin your life. I have a huge experience on bots, I guess it will be same for casino.

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Quote from: uchegod-21 on July 19, 2022, 05:02:02 PM

Everything is about programming and algorithm, if there is a clear prediction of the algorithm a site is using, it is possible to have bots place bets and win bets. Then it is not a guarantee for profits because anything could happen and your portfolio would vanish. My experience with bots is that even if you are using bots, there is still need for human intervention to maneuver or correctly manipulate the process. Everything is possible and knowing to do things without putting 100% is a cool feeling.

What algorithm are you talking about? To generate results, RNGs are now used, and as far as I know, if vulnerabilities were found in early RNGs from time to time, now they are close to perfect. Therefore, there is no algorithm to understand it and make some predictions based on this understanding. But if you find some kind of vulnerability (I argue theoretically), then of course you can come up with a bot for it to use it.

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Quote from: rby on July 20, 2022, 01:30:53 PM

Quote from: el che on July 19, 2022, 06:24:35 PM

personally I think bots take all the fun away from gambling.

You are correct mate. The purpose of gambling to me is to have fun and for entertainment.

Yeah, having a Bot to work out predictions for you or place bets for you is just way touch of attaching some seriousness to gambling. Even at that point, what the Bot does is still prediction, a trying of chances that could always go either ways. At most I think what the Bot might only do correctly is aiding you in taking chances you might have missed instead of some actual prediction of the game.
This in itself won't be profitable as, you have less chances of any actually savings from missed stakes than taking all the chances that comes up in course of the game. Gambling isn't some way to financial liberty, its way too risky.

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Quote from: rby on July 20, 2022, 01:30:53 PM

Quote from: el che on July 19, 2022, 06:24:35 PM

personally I think bots take all the fun away from gambling.

You are correct mate. The purpose of gambling to me is to have fun and for entertainment. But if someone or something does the gambling for you, the fun and entertainment is therefore eliminated. It is not worth it, it can only worth it if you are using gambling as a business or for investment, you won't care about the fun or entertainment but the money that comes with it. By this then it is justifiable to depend on bots only if it works.

True, if the bots know how to work on gambling sites. And as we know, when some algorithms are changed by the casino, the bots may not work properly. To be honest, I have tried trading bots on the exchange, and very often encountered frequent setup problems due to market manipulation. I think it looks about the same in casinos.

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Quote from: el che on July 19, 2022, 06:24:35 PM

personally I think bots take all the fun away from gambling.

You are correct mate. The purpose of gambling to me is to have fun and for entertainment. But if someone or something does the gambling for you, the fun and entertainment is therefore eliminated. It is not worth it, it can only worth it if you are using gambling as a business or for investment, you won't care about the fun or entertainment but the money that comes with it. By this then it is justifiable to depend on bots only if it works.

Topic: How Profitable are Gambling Bots? - page 4. (Read 1967 times)