How succesful will AI projects be to win the house? - page 13.

virasog

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Quote from: Daltonik on March 12, 2023, 07:59:56 AM

A bot that makes sports betting predictions, according to the author of the first video, it seems to me that it may well be a useful tool that makes it easier for players to bet on a possible winner, because not everyone is deeply immersed in the events of different sports and an extra analysis will always be useful.

Ok let's get this straight. How can an AI bot predict a possible winner of the match? Of course, the bot will see the past data, analyze it and then predict the most probable winner.

Now the question is how the gambling sites give odds for a particular match. They also do the same thing, analyze which team is better and give fewer odds to the team they think is more strong and more favorable to win.

So in both the cases, AI and the gambling sites Odds, we cannot guarantee who will win. There is no way any prediction tool can predict the out of the match as in a match all players do not perform up to their full strength. Some players may under perform on a particular day and some may over perform and this thing cannot be taken into account by the AI. Also, there is no way the AI can predict the Upset in the match whereby the low performer team wins by showing better performance on a particular day.

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Quote from: abel1337 on April 09, 2023, 05:33:54 PM

Quote from: South Park on April 09, 2023, 02:22:46 PM

Quote from: Hypnosis00 on April 01, 2023, 09:01:03 AM

Quote from: South Park on March 31, 2023, 03:53:50 PM

Someone smart enough to develop such tool will not share it with anyone, after all if you have a piece of software which had the power of literally making money for you every day without you lifting a single finger, would you share it? I know that I wont and I am pretty sure that I am not alone on this, so it is even possible that someone has already developed an AI like this and they have been enjoying the benefits for a very long time already.

It is a selfish thing to do but yes, I certainly do not share it until I reach my goal. Unfortunately, there is no such tool that really exists because even though we say that AI is an advanced technology but it wasn't built for gambling nor to stop casinos. Might this technology is very useful in other things but thinking about using this in gambling, I don't think it was on the market today, they'd rather keep it on their own if they know that it will work 100% efficiently.

One of the aspects which has in a way slow down the development of AI is that no one wants to share their findings, the algorithms behind AI are very well known and they have been around for decades, however the problem was there was not enough data to give them, but now thanks to the internet if there is something we have is data, which means that companies like Google or Facebook have a huge advantage as the way they earn money is by using and selling the information of their users.

Big tech companies who has collected a lot of data are the one ho can dominate the AI technology space but yeah there are a petition right now on slowing down the AI cutting edge development because on how fast AI project development has become. I'm sure that there are someone who tried to develop an AI that is focus on gambling but as of now we don't know where to find it or it may never been released on public. Online casino should be ready for preventing AI to be used on their casinos, They should be ready for upcoming users who will take advantage of these AI's.

So, big tech giants, right? They're swimming in data and resources, but hold up! We gotta pump the brakes on unbridled AI progress. That petition to put the brakes on AI's cutting edge? It's a wake-up call, folks – we gotta tread carefully and thoughtfully with this tech. Now, for online casinos, staying sharp and ready for sneaky AI cheats is vital. But hey, I'm feeling upbeat that the house will keep its edge, even if AI's brainpower is off the charts. Nobody beats the house, AI included. Sure, they could outsmart chess and poker, but they'd still have to wrestle with those games' inherent wild unpredictability.

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Quote from: Lanatsa on April 03, 2023, 04:56:05 PM

Come to think that if AI would be that successful on letting or making someone profitable and beating up the house then for sure all of gamblers are making use of it now which we know that it cant really be that

possible.

If Ai is successful in predicting result of gambling activities then we might see the gambling Industry at its end. Casinos will be bankrupt and will be forced to shutdown due to insufficient funds. It is a good thing that AI cannot successfully determine any winning result it makes gambling more entertaining and challenging.

Quote from: Lanatsa on April 03, 2023, 04:56:05 PM

Do we think that they would really be letting it out to happen? No for sure and just like other people been saying above that it cant just be possible on beating up the house and there's no AI application

that would really be able to do so.

Obviously not, the gambling industry will create a countermeasure to prevent these AI in predicting 100% correct results of the games. They may even ban suspected people who they think are using AI technology in order to take advantage of the casino. I think it will be a battle of innovation, casino creating anti AI software if AI is able to predict casino game result correctly.

Quote from: Lanatsa on April 03, 2023, 04:56:05 PM

If there's one then gambling industry would be fucked up and it would be over for them but for now, lets just talk about assumptions
which it is really that impossible to happen.

True that is what I stated in the starting sentence of my reply. AI who happens to predict the right outcome of a gambling game is disastrous to gambling industry.

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Quote from: South Park on April 09, 2023, 02:22:46 PM

Quote from: Hypnosis00 on April 01, 2023, 09:01:03 AM

Quote from: South Park on March 31, 2023, 03:53:50 PM

Someone smart enough to develop such tool will not share it with anyone, after all if you have a piece of software which had the power of literally making money for you every day without you lifting a single finger, would you share it? I know that I wont and I am pretty sure that I am not alone on this, so it is even possible that someone has already developed an AI like this and they have been enjoying the benefits for a very long time already.

It is a selfish thing to do but yes, I certainly do not share it until I reach my goal. Unfortunately, there is no such tool that really exists because even though we say that AI is an advanced technology but it wasn't built for gambling nor to stop casinos. Might this technology is very useful in other things but thinking about using this in gambling, I don't think it was on the market today, they'd rather keep it on their own if they know that it will work 100% efficiently.

One of the aspects which has in a way slow down the development of AI is that no one wants to share their findings, the algorithms behind AI are very well known and they have been around for decades, however the problem was there was not enough data to give them, but now thanks to the internet if there is something we have is data, which means that companies like Google or Facebook have a huge advantage as the way they earn money is by using and selling the information of their users.

Big tech companies who has collected a lot of data are the one ho can dominate the AI technology space but yeah there are a petition right now on slowing down the AI cutting edge development because on how fast AI project development has become. I'm sure that there are someone who tried to develop an AI that is focus on gambling but as of now we don't know where to find it or it may never been released on public. Online casino should be ready for preventing AI to be used on their casinos, They should be ready for upcoming users who will take advantage of these AI's.

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Quote from: Hypnosis00 on April 01, 2023, 09:01:03 AM

Quote from: South Park on March 31, 2023, 03:53:50 PM

Someone smart enough to develop such tool will not share it with anyone, after all if you have a piece of software which had the power of literally making money for you every day without you lifting a single finger, would you share it? I know that I wont and I am pretty sure that I am not alone on this, so it is even possible that someone has already developed an AI like this and they have been enjoying the benefits for a very long time already.

It is a selfish thing to do but yes, I certainly do not share it until I reach my goal. Unfortunately, there is no such tool that really exists because even though we say that AI is an advanced technology but it wasn't built for gambling nor to stop casinos. Might this technology is very useful in other things but thinking about using this in gambling, I don't think it was on the market today, they'd rather keep it on their own if they know that it will work 100% efficiently.

One of the aspects which has in a way slow down the development of AI is that no one wants to share their findings, the algorithms behind AI are very well known and they have been around for decades, however the problem was there was not enough data to give them, but now thanks to the internet if there is something we have is data, which means that companies like Google or Facebook have a huge advantage as the way they earn money is by using and selling the information of their users.

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Quote from: Kakmakr on April 04, 2023, 01:45:34 AM

You really think it is impossible, when I posted several Youtube videos that are showing very succesful attempts at doing this... and this is still in the early days of Artificial Intelligence. Roll Eyes

People should listen when one of the most intelligent minds in the world like Elon Musk are warning about the future of Artificial Intelligence.

Will this destroy casinos as we know it.... I guess not, I still think casinos will also harness AI to protect them...by using it to test their software for backdoors and exploits.

Elon had recently made out a word that this project should be halted but Gates did really give a word on that specially to those critics.

https://www.dailymail.co.uk/sciencetech/article-11937205/Bill-Gates-says-calls-pause-AI-wont-solve-challenges.html
https://www.businesstoday.in/technology/news/story/why-stop-microsoft-cofounder-bill-gates-questions-elon-musks-attempt-to-pause-chatgpt-development-376143-2023-04-05

I do believe that it wont really be putting some harm but rather a benefit to humanity.Well it cant really be just avoided that people would be always having those criticisms.

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Quote from: LUCKMCFLY on April 05, 2023, 07:05:22 PM

Quote from: BVeyron on March 24, 2023, 02:35:05 PM

Quote from: ethereumhunter on March 24, 2023, 12:57:18 PM

Quote from: Dunamisx on March 24, 2023, 11:07:47 AM

Quote from: Kakmakr on March 24, 2023, 02:55:39 AM

The saying... "The house always win" is so true for many other reasons than simply finding a way to beat the system. They have counter measures to react, when they see unnatural betting, so you will lose in the end.

We have to be realistic here and as a matter of fact, in gambling the house always win, this is the real fact, now that there's a nee development on using the AI against the system, how effective do you guys think it can go or last, remember some people sat down to program them before every other person shows interest on it, at the end of it all, you will still discover that AI works perfectly in favour of the house on a winning edge.

And even though people have started using AI to help them play gambling, casinos won't let people win easily. I'm sure casinos will also use AI technology to be still able to get big wins from losing gamblers. And in the end the casino still wins while the gamblers keep losing and losing their money. Only wise gamblers can survive losing a lot of money because they can think about enjoying gambling well. So we should not become greedy even if we use AI to help us win from the casino.

Yes, AI is actually more to do with backend development and marketing strategies, so for users it can bring just stability improvement. Also, it will probably automatically set withdrawal and bet limits depending on multiple parameters, and this also will be for casino profit.

Currently many things have come out regarding ChatGPT4 which is paid, but which is supposedly the best thing that could have happened, if these things are true, for a long time in casinos they must have the AI, and it is not a bad thing, the AI It helps a lot to the protection and security system in a casino, because it is much faster and it is known that to make a robbery in a casino you must be very fast, and those that are very fast are the bots and that is what it can be useful for a casino, I'm not talking about ChatGPT4 far from it, but these things are what the Engineers of each casino in blockchain and security specialists must already handle.

ChatGPT-4 is working great but they keep it as paid version. The first versions they released to the public for free for their own marketing. But now everyone knows fully about ChatGPT everyone knows that the AI tools work just fine. And that's why they keep ChatGPT-4 as paid version. But as GPT-4 is able to work great it can work well everywhere and can play a role a better in casino sites as well. And in the future casino sites may be AI dependent

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Quote from: BVeyron on March 24, 2023, 02:35:05 PM

Quote from: ethereumhunter on March 24, 2023, 12:57:18 PM

Quote from: Dunamisx on March 24, 2023, 11:07:47 AM

Quote from: Kakmakr on March 24, 2023, 02:55:39 AM

The saying... "The house always win" is so true for many other reasons than simply finding a way to beat the system. They have counter measures to react, when they see unnatural betting, so you will lose in the end.

We have to be realistic here and as a matter of fact, in gambling the house always win, this is the real fact, now that there's a nee development on using the AI against the system, how effective do you guys think it can go or last, remember some people sat down to program them before every other person shows interest on it, at the end of it all, you will still discover that AI works perfectly in favour of the house on a winning edge.

And even though people have started using AI to help them play gambling, casinos won't let people win easily. I'm sure casinos will also use AI technology to be still able to get big wins from losing gamblers. And in the end the casino still wins while the gamblers keep losing and losing their money. Only wise gamblers can survive losing a lot of money because they can think about enjoying gambling well. So we should not become greedy even if we use AI to help us win from the casino.

Yes, AI is actually more to do with backend development and marketing strategies, so for users it can bring just stability improvement. Also, it will probably automatically set withdrawal and bet limits depending on multiple parameters, and this also will be for casino profit.

Currently many things have come out regarding ChatGPT4 which is paid, but which is supposedly the best thing that could have happened, if these things are true, for a long time in casinos they must have the AI, and it is not a bad thing, the AI It helps a lot to the protection and security system in a casino, because it is much faster and it is known that to make a robbery in a casino you must be very fast, and those that are very fast are the bots and that is what it can be useful for a casino, I'm not talking about ChatGPT4 far from it, but these things are what the Engineers of each casino in blockchain and security specialists must already handle.

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Quote from: Lanatsa on April 03, 2023, 04:56:05 PM

Quote from: doomloop on April 03, 2023, 04:49:36 PM

Quote from: len01 on April 02, 2023, 07:35:36 AM

and for me nothing is 100% in gambling. I mean if indeed AI is developed with very advanced technology and can predict some bets, it will not produce 100%.
for sure we will continue to use our own predictive analysis to determine all our bets and if indeed someone has this tool i think it is highly unlikely.
because the casino will definitely detect the person and maybe if it is detected using an accurate AI, he will be offered to work with the casino itself with a bigger fee.
so from here the casino still wins.

What's 100% in gambling is your chances of losing. Wink

Anyway, coming back to the topic, first of all, there is no way one can make an AI that can win against the house if we are talking about casino games and not sports betting, if it's a prediction AI for sports betting, it can sometimes be correct just like humans, but not every time.

And, what makes you think that a casino that detects someone cheating the house with a bot or an AI will ask them or partner up? They will simply confiscate their funds and lock his account, and make sure he doesn't get into their platform again.

Come to think that if AI would be that successful on letting or making someone profitable and beating up the house then for sure all of gamblers are making use of it now which we know that it cant really be that

possible.Do we think that they would really be letting it out to happen? No for sure and just like other people been saying above that it cant just be possible on beating up the house and there's no AI application

that would really be able to do so.If there's one then gambling industry would be fucked up and it would be over for them but for now, lets just talk about assumptions
which it is really that impossible to happen.

You really think it is impossible, when I posted several Youtube videos that are showing very succesful attempts at doing this... and this is still in the early days of Artificial Intelligence. Roll Eyes

People should listen when one of the most intelligent minds in the world like Elon Musk are warning about the future of Artificial Intelligence.

Will this destroy casinos as we know it.... I guess not, I still think casinos will also harness AI to protect them...by using it to test their software for backdoors and exploits.

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Quote from: Desmong on April 03, 2023, 07:10:19 AM

Quote from: Odusko on March 31, 2023, 08:31:44 AM

Quote from: CryptoHeadlineNews on March 29, 2023, 07:47:55 AM

Yes, no doubt A.I is the new trend of internet marketing, affiliate marketing and online gambling as it has proven to do works initially meant for humans in the slightest few seconds, more faster and accurate. And as such making many people now lose their jobs, which is quite both good and bad, as with the use of A.I a user don't need to pay for voiceover anymore as we have got an A. I human-like tool that convert text into speech in few seconds, write a full blog post with A.I, generate a YouTube video, analyze a sport betting team and do lots of more others.

But in all this, usage of AI in gambling has proven to be ineffective since gambling games require some player's input that AI may not be able to meet up with, so even though AI has proven to be effective in some areas of operation but it will be a failure in the gambling market and casinos already have an anty bot features that will block AI access to some scripted games to avoid manipulation of the games result.

There is no way IA can work effective in the gambling section. I am still wondering how people intend to us ai in the gambling section whether it will be use to predict matches or to book games on a casino. If AI had the potential to book games and have other features like that then it will really makes sense to us AI in gambling.

this point you are really right because he cannot predict accurately or predict what any other thing can give you a prediction so making use of it is just like somebody who does not understand it right and the left so I believe it is not advisable to make use of it totally in gambling, if you want to understand gambling on make money to gambling you have to make use of your own personal prediction without depending on any machine

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Quote from: Kakmakr on March 12, 2023, 06:13:28 AM

We are seeing more and more projects that are almost 100% built on Artificial Intelligence, like ChatGPT. Here are a few experiments that are linked between ChatGPT and gambling....

https://www.youtube.com/watch?v=IDthta5sUGQ

https://www.youtube.com/watch?v=xw3pc-47weg

https://www.youtube.com/watch?v=fYegYNkwjR0

https://www.youtube.com/watch?v=tlFrI6cLD0E

Do you think AI will be more successful to get a working gambling strategy to win the house... and if they do, what will be the impact on casinos?

I have thought of this before but I don't know how it will result out artificial intelligence and gambling I don't think that it will be a helpful matter or give you an accurate prediction and gambling so let us experiment it by using it to check if it will work or not before we have a conclusion, that is what I have to say in my own opinion

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Quote from: doomloop on April 03, 2023, 04:49:36 PM

Quote from: len01 on April 02, 2023, 07:35:36 AM

and for me nothing is 100% in gambling. I mean if indeed AI is developed with very advanced technology and can predict some bets, it will not produce 100%.
for sure we will continue to use our own predictive analysis to determine all our bets and if indeed someone has this tool i think it is highly unlikely.
because the casino will definitely detect the person and maybe if it is detected using an accurate AI, he will be offered to work with the casino itself with a bigger fee.
so from here the casino still wins.

What's 100% in gambling is your chances of losing. Wink

Anyway, coming back to the topic, first of all, there is no way one can make an AI that can win against the house if we are talking about casino games and not sports betting, if it's a prediction AI for sports betting, it can sometimes be correct just like humans, but not every time.

And, what makes you think that a casino that detects someone cheating the house with a bot or an AI will ask them or partner up? They will simply confiscate their funds and lock his account, and make sure he doesn't get into their platform again.

Come to think that if AI would be that successful on letting or making someone profitable and beating up the house then for sure all of gamblers are making use of it now which we know that it cant really be that

possible.Do we think that they would really be letting it out to happen? No for sure and just like other people been saying above that it cant just be possible on beating up the house and there's no AI application

that would really be able to do so.If there's one then gambling industry would be fucked up and it would be over for them but for now, lets just talk about assumptions
which it is really that impossible to happen.

doomloop

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Quote from: len01 on April 02, 2023, 07:35:36 AM

and for me nothing is 100% in gambling. I mean if indeed AI is developed with very advanced technology and can predict some bets, it will not produce 100%.
for sure we will continue to use our own predictive analysis to determine all our bets and if indeed someone has this tool i think it is highly unlikely.
because the casino will definitely detect the person and maybe if it is detected using an accurate AI, he will be offered to work with the casino itself with a bigger fee.
so from here the casino still wins.

What's 100% in gambling is your chances of losing. Wink

Anyway, coming back to the topic, first of all, there is no way one can make an AI that can win against the house if we are talking about casino games and not sports betting, if it's a prediction AI for sports betting, it can sometimes be correct just like humans, but not every time.

And, what makes you think that a casino that detects someone cheating the house with a bot or an AI will ask them or partner up? They will simply confiscate their funds and lock his account, and make sure he doesn't get into their platform again.

Twentyonepaylots

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Quote from: serjent05 on April 02, 2023, 05:32:14 PM

Quote from: Odusko on March 31, 2023, 08:31:44 AM

Quote from: CryptoHeadlineNews on March 29, 2023, 07:47:55 AM

Yes, no doubt A.I is the new trend of internet marketing, affiliate marketing and online gambling as it has proven to do works initially meant for humans in the slightest few seconds, more faster and accurate. And as such making many people now lose their jobs, which is quite both good and bad, as with the use of A.I a user don't need to pay for voiceover anymore as we have got an A. I human-like tool that convert text into speech in few seconds, write a full blog post with A.I, generate a YouTube video, analyze a sport betting team and do lots of more others.

But in all this, usage of AI in gambling has proven to be ineffective since gambling games require some player's input that AI may not be able to meet up with, so even though AI has proven to be effective in some areas of operation but it will be a failure in the gambling market and casinos already have an anty bot features that will block AI access to some scripted games to avoid manipulation of the games result.

I agree, aside from that, the knowledge put in an AI is very ineffective on games that is based on chance. Yes, AI can calculate the percentage of chances but it can never guess 100% the right one because of the randomness of the result. AI is great on data processing, comparison, historic profiling, etc. but it will never perform greatly in a randomly generated result. I watch a game where the streamer asked AI of the possible result of a bet and performs very poorly giving the streamer losing predictions.

Indeed, it isn't that easy for the AI to predict the randomness of the results since there are many factors that should be considered. I think it would be hard to make AI think like humans when deciding on games of luck since the physical environment, strategies, and other considerations have different effect on the result. It would probably happen in the future, but for now it isn't that good to depend on these AI since it is still an artificial way of gathered knowledge which is only dependent on the resources that it can accumulate.

Desmong

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Quote from: Odusko on March 31, 2023, 08:31:44 AM

Quote from: CryptoHeadlineNews on March 29, 2023, 07:47:55 AM

Yes, no doubt A.I is the new trend of internet marketing, affiliate marketing and online gambling as it has proven to do works initially meant for humans in the slightest few seconds, more faster and accurate. And as such making many people now lose their jobs, which is quite both good and bad, as with the use of A.I a user don't need to pay for voiceover anymore as we have got an A. I human-like tool that convert text into speech in few seconds, write a full blog post with A.I, generate a YouTube video, analyze a sport betting team and do lots of more others.

But in all this, usage of AI in gambling has proven to be ineffective since gambling games require some player's input that AI may not be able to meet up with, so even though AI has proven to be effective in some areas of operation but it will be a failure in the gambling market and casinos already have an anty bot features that will block AI access to some scripted games to avoid manipulation of the games result.

There is no way IA can work effective in the gambling section. I am still wondering how people intend to us ai in the gambling section whether it will be use to predict matches or to book games on a casino. If AI had the potential to book games and have other features like that then it will really makes sense to us AI in gambling.

serjent05

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Quote from: Odusko on March 31, 2023, 08:31:44 AM

Quote from: CryptoHeadlineNews on March 29, 2023, 07:47:55 AM

Yes, no doubt A.I is the new trend of internet marketing, affiliate marketing and online gambling as it has proven to do works initially meant for humans in the slightest few seconds, more faster and accurate. And as such making many people now lose their jobs, which is quite both good and bad, as with the use of A.I a user don't need to pay for voiceover anymore as we have got an A. I human-like tool that convert text into speech in few seconds, write a full blog post with A.I, generate a YouTube video, analyze a sport betting team and do lots of more others.

But in all this, usage of AI in gambling has proven to be ineffective since gambling games require some player's input that AI may not be able to meet up with, so even though AI has proven to be effective in some areas of operation but it will be a failure in the gambling market and casinos already have an anty bot features that will block AI access to some scripted games to avoid manipulation of the games result.

I agree, aside from that, the knowledge put in an AI is very ineffective on games that is based on chance. Yes, AI can calculate the percentage of chances but it can never guess 100% the right one because of the randomness of the result. AI is great on data processing, comparison, historic profiling, etc. but it will never perform greatly in a randomly generated result. I watch a game where the streamer asked AI of the possible result of a bet and performs very poorly giving the streamer losing predictions.

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Quote from: Hirose UK on April 02, 2023, 07:46:43 AM

Quote from: TheGreatPython on April 01, 2023, 02:11:23 PM

Quote from: Odusko on March 31, 2023, 08:31:44 AM

Quote from: CryptoHeadlineNews on March 29, 2023, 07:47:55 AM

Yes, no doubt A.I is the new trend of internet marketing, affiliate marketing and online gambling as it has proven to do works initially meant for humans in the slightest few seconds, more faster and accurate. And as such making many people now lose their jobs, which is quite both good and bad, as with the use of A.I a user don't need to pay for voiceover anymore as we have got an A. I human-like tool that convert text into speech in few seconds, write a full blog post with A.I, generate a YouTube video, analyze a sport betting team and do lots of more others.

But in all this, usage of AI in gambling has proven to be ineffective since gambling games require some player's input that AI may not be able to meet up with, so even though AI has proven to be effective in some areas of operation but it will be a failure in the gambling market and casinos already have an anty bot features that will block AI access to some scripted games to avoid manipulation of the games result.

Even if AI manages to meet up with the requirement of user input, the input wouldn't really be accurate and will probably cause more losses than wins. AI runs with algorithms, and casino games are usually based on visuals, so I don't really understand how AI can be able to play a casino game instead of a human gambler with wide-open eyes.

People used to debate about how AI can be useful in predicting outcomes of sports events for sports betting, but even in that sector, it wouldn't be able to provide accurate predictions because it doesn't have the ability to evaluate things in the way a human can do.

How can al fulfill user input while al is an artificial intelligence technology that already has a brain to determine all results, but I'm not sure al can be useful for gamblers predicting games or bets so that users get a win.
If al is that good, casino owners will definitely adopt al for each of their games so that it is more able to make gamblers experience continuous defeats and casinos will pay hackers to prevent gamblers from using al so that casinos do not experience losses.
Sports betting cannot be predicted using AI because in sports betting gamblers can predict which team will win by looking at the history of the competing teams and seeing the course of the match.

Consider the fact that casino owners won't let AI be the reason of their bankruptcy.
If they are seeing that players are deploying AI on their site and see the stats of winnings,
do you think these casinos will just sit back and relax? Nope, they will surely find for its equivalent
or better yet, shut down their operations before AI winnings will siphon their vaults.
So AI projects winning over the house, these casinos won't permit such scenario.
They are here to earn profits and not a charity for anyone. Definitely, they are also up-to-date for this kind of development.

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Quote from: mak013 on March 29, 2023, 01:34:16 PM

Quote from: Lucasgabd on March 29, 2023, 08:10:14 AM

Well. Putting it simple. If there is an edge, AI (and future AGIs) will find it. No doubt
The thing is we’ll probably move to a scenario where there is no edge at all on the games and in the long run the house wins.

Still possible to use AI to manage bankroll strategies and try to find an edge on some skill games

I think it would be AI against AI. It is bad idea to think that the casino hires dumbs specialists. They will use the same tools and most time the casino has more opportunities due to their money.
And there is ToS, and it is possible to include some rules when casino can prohibite using AI and ban gamblers if they suspect it.

It will probably be foolish to think that casinos can't make use of AI to detect unusual activity if users can use AI to beat the house. They might be the first ones to make use of AI technology in their favor before their players can get to it. And you are right that they can easily make changes in their terms and services and include the rule of banning gamblers from using tools to maximize winnings.

Casinos are a form of business, so they will probably take all the necessary actions to prevent their business from going to loss, including the prevention from AI and other tools that might give players an advantage over the house.

In other words the casino can never lose.
So whatever the casino will do for the sake of its business to stay afloat, always benefit and get rid of everything that could possibly beat the house, including AI.
But to me in the short or long term this AI is never going to beat the house and it's like something that's not going to happen.
We always know that casinos never go bankrupt and they will continue to make improvements for the security and advancement of the existing system at the casino so that it cannot be cheated or cheated in any form.
So AI can't do anything and AI will just be a bot helping humans to predict with 10% accuracy for me.

AI, that hot topic that's been on everyone's lips for ages, can it genuinely crack the code and outsmart the casino? A quick response? Nope. AI's no miracle worker that'll mint us into millionaires overnight. But hey, don't write off AI just yet. This tech's got the chops to shake up the gambling scene in countless ways, be it sniffing out scams or forecasting player moves. Keep it real, though, and grasp its boundaries. Casino-wise, they're always on their toes, beefing up security and staying ahead of the curve. It's just smart business. Invincible? Hardly. To win long-term, they must still deliver a square deal and a top-notch experience to their patrons.

If AI is used for quick response in casinos, I say yes it can.
But if to outsmart the casino, it's impossible.
And if AI is used for casino security, I would also say no.
The reason I disagree with some of these statements is because AI is an artificial intelligence that has a weakness that it cannot make definite results to predict all types of bets.
Even I also do not agree when AI is used as casino security, because this AI still has many weaknesses that it is impossible to protect casinos from hackers out there, this is like something impossible.

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Quote from: TheGreatPython on April 01, 2023, 02:11:23 PM

Quote from: Odusko on March 31, 2023, 08:31:44 AM

Quote from: CryptoHeadlineNews on March 29, 2023, 07:47:55 AM

Yes, no doubt A.I is the new trend of internet marketing, affiliate marketing and online gambling as it has proven to do works initially meant for humans in the slightest few seconds, more faster and accurate. And as such making many people now lose their jobs, which is quite both good and bad, as with the use of A.I a user don't need to pay for voiceover anymore as we have got an A. I human-like tool that convert text into speech in few seconds, write a full blog post with A.I, generate a YouTube video, analyze a sport betting team and do lots of more others.

But in all this, usage of AI in gambling has proven to be ineffective since gambling games require some player's input that AI may not be able to meet up with, so even though AI has proven to be effective in some areas of operation but it will be a failure in the gambling market and casinos already have an anty bot features that will block AI access to some scripted games to avoid manipulation of the games result.

Even if AI manages to meet up with the requirement of user input, the input wouldn't really be accurate and will probably cause more losses than wins. AI runs with algorithms, and casino games are usually based on visuals, so I don't really understand how AI can be able to play a casino game instead of a human gambler with wide-open eyes.

People used to debate about how AI can be useful in predicting outcomes of sports events for sports betting, but even in that sector, it wouldn't be able to provide accurate predictions because it doesn't have the ability to evaluate things in the way a human can do.

How can al fulfill user input while al is an artificial intelligence technology that already has a brain to determine all results, but I'm not sure al can be useful for gamblers predicting games or bets so that users get a win.
If al is that good, casino owners will definitely adopt al for each of their games so that it is more able to make gamblers experience continuous defeats and casinos will pay hackers to prevent gamblers from using al so that casinos do not experience losses.
Sports betting cannot be predicted using AI because in sports betting gamblers can predict which team will win by looking at the history of the competing teams and seeing the course of the match.

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Quote from: Hypnosis00 on April 01, 2023, 09:01:03 AM

Quote from: South Park on March 31, 2023, 03:53:50 PM

Quote from: Haunebu on March 31, 2023, 01:45:40 PM

Quote from: fullhdpixel on March 31, 2023, 07:54:45 AM

It will only destroy the entertainment factor that casinos are bringing and I am sure they don't want that to happen too. Maybe AIs will only work like the gambling bots. They can still help us in some ways but not in an abusive manner where some parties can suffer badly.

I don't think any person would be willing to develop a public AI bot that is capable of defeating the house edge of a casino since it screws their business and destroys the entertainment factor as you yourself mentioned.

Some people will definitely develop private AI bots that are capable of defeating casinos, but they will definitely not share it with anyone else.

Someone smart enough to develop such tool will not share it with anyone, after all if you have a piece of software which had the power of literally making money for you every day without you lifting a single finger, would you share it? I know that I wont and I am pretty sure that I am not alone on this, so it is even possible that someone has already developed an AI like this and they have been enjoying the benefits for a very long time already.

It is a selfish thing to do but yes, I certainly do not share it until I reach my goal. Unfortunately, there is no such tool that really exists because even though we say that AI is an advanced technology but it wasn't built for gambling nor to stop casinos. Might this technology is very useful in other things but thinking about using this in gambling, I don't think it was on the market today, they'd rather keep it on their own if they know that it will work 100% efficiently.

and for me nothing is 100% in gambling. I mean if indeed AI is developed with very advanced technology and can predict some bets, it will not produce 100%.
for sure we will continue to use our own predictive analysis to determine all our bets and if indeed someone has this tool i think it is highly unlikely.
because the casino will definitely detect the person and maybe if it is detected using an accurate AI, he will be offered to work with the casino itself with a bigger fee.
so from here the casino still wins.

Topic: How succesful will AI projects be to win the house? - page 13. (Read 3140 times)