How succesful will AI projects be to win the house? - page 14.

TheGreatPython

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Quote from: Odusko on March 31, 2023, 07:31:44 AM

Quote from: CryptoHeadlineNews on March 29, 2023, 06:47:55 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.

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Quote from: Hypnosis00 on April 01, 2023, 08:01:03 AM

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.

Perhaps, for now, there is no AI technology for gambling, but the development of AI technology itself, it will make developers try to make AI technology for gambling. And if that happens, I can't imagine what will happen to the gambling business. Will that make the casinos stop operating or will the casinos also do the same by using AI technology to protect themselves from gamblers who use AI technology too. It will be interesting to see which AI technology has the upper hand.

Hypnosis00

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Quote from: South Park on March 31, 2023, 02:53:50 PM

Quote from: Haunebu on March 31, 2023, 12:45:40 PM

Quote from: fullhdpixel on March 31, 2023, 06:54:45 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.

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Quote from: traderethereum on March 28, 2023, 10:12:45 PM

Quote from: len01 on March 28, 2023, 03:18:48 AM

on the other hand, the definition of beating the house is like an impossible thing, whereas casinos are designed to always be profitable and the casino business never goes bankrupt.

We have to realize this if we want to try to beat the casino because casinos will always prevent gamblers from always winning.
We also will never know how it happened but it did happen and because of that, not many gamblers could win big money.
People who manage to win from the casino will come back to the casino with more money because they think they can win again.
And when they use a lot of money to gamble, the casinos take over the money and make the greedy gamblers lose their money.
It will be hard for us to beat the casinos so we better be aware of that and just gamble for fun.

Only a small percentage of winners are capable to enjoy this kind of thing that why better to gamble responsibly, a small portion of players only make huge winnings and getting a chance of bankrupt with the casino is far from too much reality unless the player does not enjoy their casino and leave it that the time casino makes an action for gaining back and possible of bankruptcy, but if the small percentage of the winners, for example, is 10:1000 of players still at the end its the casinos win. Risk or to lose.

like when a gambler who loses a bet with a total loss of $10,000 after a few days returns with a capital of $1000 and gets a big win of $5000 and he will continue to bet to get another $5000 but unfortunately the gambler's efforts are in vain because he loses again all his winnings and the initial capital that used for betting. meaning the gambler just throws away more money to lose at gambling. it's so bad.
from this problem, we must really note that gambling with a budget that can afford to lose and gambling for fun is better than having to turn into a greedy gambler.

In conclusion, anything developed with any AI or ChatGPT can never beat the house.

That's why in gambler, bet what you can afford to lose. In Casino you can't win all the time, there's a chance that you win but is that worth ? for example you bet in casino worh $10,000 and you just lose, for the next win you win $2000 but at what cost? I think gambling is really deppresing when it comes to money, you can't get it back right away, you need a long journey to get back what you lost. AI or ChatGPT is useless when you use it to gambling like what you said.

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Quote from: Peanutswar on March 29, 2023, 07:07:30 AM

Quote from: traderethereum on March 28, 2023, 10:12:45 PM

Quote from: len01 on March 28, 2023, 03:18:48 AM

on the other hand, the definition of beating the house is like an impossible thing, whereas casinos are designed to always be profitable and the casino business never goes bankrupt.

We have to realize this if we want to try to beat the casino because casinos will always prevent gamblers from always winning.
We also will never know how it happened but it did happen and because of that, not many gamblers could win big money.
People who manage to win from the casino will come back to the casino with more money because they think they can win again.
And when they use a lot of money to gamble, the casinos take over the money and make the greedy gamblers lose their money.
It will be hard for us to beat the casinos so we better be aware of that and just gamble for fun.

Only a small percentage of winners are capable to enjoy this kind of thing that why better to gamble responsibly, a small portion of players only make huge winnings and getting a chance of bankrupt with the casino is far from too much reality unless the player does not enjoy their casino and leave it that the time casino makes an action for gaining back and possible of bankruptcy, but if the small percentage of the winners, for example, is 10:1000 of players still at the end its the casinos win. Risk or to lose.

like when a gambler who loses a bet with a total loss of $10,000 after a few days returns with a capital of $1000 and gets a big win of $5000 and he will continue to bet to get another $5000 but unfortunately the gambler's efforts are in vain because he loses again all his winnings and the initial capital that used for betting. meaning the gambler just throws away more money to lose at gambling. it's so bad.
from this problem, we must really note that gambling with a budget that can afford to lose and gambling for fun is better than having to turn into a greedy gambler.

In conclusion, anything developed with any AI or ChatGPT can never beat the house.

South Park

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Quote from: Haunebu on March 31, 2023, 12:45:40 PM

Quote from: fullhdpixel on March 31, 2023, 06:54:45 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.

mak013

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Quote from: dezoel on March 30, 2023, 01:25:02 PM

Quote from: mak013 on March 29, 2023, 12:34:16 PM

Quote from: Lucasgabd on March 29, 2023, 07:10:14 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.

They are the owners of the business. If the gamblers can find a way to win the house they will change the rules or have to close casino. I`m sure that they will change the rules. The same time huge quantity of gamblers don`t want the casino to close. So even gamblers will be against AI winnings.

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Quote from: fullhdpixel on March 31, 2023, 06:54:45 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.

danadc

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Quote from: klidex on March 31, 2023, 10:21:18 AM

Quote from: dezoel on March 30, 2023, 01:25:02 PM

Quote from: mak013 on March 29, 2023, 12:34:16 PM

Quote from: Lucasgabd on March 29, 2023, 07:10:14 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.

The AI will always be very curious for others to be able to accept it, meanwhile we can realize that if we start making many more predictions it may be able to win the lottery, if I saw that it had some success, I would have to try it first in the lotteries and if it works as the last option I would try it in casinos because casinos are more difficult to win a lot of money, the statistics in a lottery even though they are random because it is easier for the AI to calculate and otherwise it would be a lot what is missing.

klidex

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Quote from: dezoel on March 30, 2023, 01:25:02 PM

Quote from: mak013 on March 29, 2023, 12:34:16 PM

Quote from: Lucasgabd on March 29, 2023, 07:10:14 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.

Odusko

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Quote from: CryptoHeadlineNews on March 29, 2023, 06:47:55 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.

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Quote from: Lucasgabd on March 29, 2023, 07:10:14 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

A long time ago many casinos have no house edge but they all didn't last long. House edge is where the casino owners earns a profit so they will always operate their casino with it. I don't think an AI can negate the effect of the house edge and if it's possible I don't think it will be released for public use because creators of those AI knew that it will only cause a trouble. 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.

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Quote from: mak013 on March 29, 2023, 12:34:16 PM

Quote from: Lucasgabd on March 29, 2023, 07:10:14 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.

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Quote from: traderethereum on March 30, 2023, 06:56:04 AM

Yes, betting responsibly will keep gamblers from losing or even going bankrupt at one time.
He can also enjoy his gambling game by staying within the limits he has made.
In addition, he still has the opportunity to win, whether big or small.
The important thing is that he can get pleasure from gambling and be able to return to gambling again another day.

I think even if you are responsible for the loss of the value of the bet, this will not really affect your luck level. When you have limits but you are not psychologically good and easily distracted it is better to avoid gambling if you don't want to lose a lot of money remember it is only luck.
Gamble with a cool head and mean that this is just for fun on your day off.

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Quote from: CryptoHeadlineNews on March 29, 2023, 06:47:55 AM

Quote from: Desmong on March 20, 2023, 05:40:52 PM

Quote from: CryptoHeadlineNews on March 19, 2023, 09:40:55 AM

Quote from: Kakmakr on March 12, 2023, 05:13:28 AM

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?

For me, I think it is likely to be impossible to ever get a working strategy to always consistently win the house, because casino are always designed in such a way that the house is always at advantage against the gambler, except in those cases where the gambler may happens to be lucky. But however, what this A.I does is gather generic sentimental information from across all social media all around the globe, and come up with what might seem to be the possible outcome of that sporting event, which in most cases can be true or not.

But, moreover, A.I has really help simplify more works for humans ever since it came into existence

IA is good and with time people are going to appreciate it. There are still some persons that had been thinking of AI been a thread to a common man with different opinion of it dominating the market making people to me lose there job. I respect to see the use of AI I'm businesses and also in school.

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 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.

Still its a program you can make a request with the Chatgpt to make a system which is can make a predictions or make an odds maker and make a bet but in terms of injecting or getting a data from the casino i guess far from reality unless you make an injection to their casino so you can get a possible chance of scripting but in terms of using chatgpt you can just ask for the codes unless you really know how does it works normal player just for gambling with the chatgpt seems like a useless thing to use for them.

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Quote from: nakamura12 on March 29, 2023, 03:20:15 PM

I don't think it is a great move to create an AI to beat the house especially if the casino owners will know that someone use an AI to beat the house if they are successful with the AI then I think they will make changes to their TOS so that using an AI will result in getting banned from their casino. Many people will think that it is possible to beat the house but in reality, they will only take what you have after some winnings.

There’s that. If an AI find an edge (which I don’t think will happen on systems well made) it will be against the terms of use of the website and the person/AI account will get cancelled with prizes not paid.

Probably

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Quote from: Hirose UK on March 29, 2023, 06:07:32 AM

Quote from: traderethereum on March 28, 2023, 10:12:45 PM

Quote from: len01 on March 28, 2023, 03:18:48 AM

on the other hand, the definition of beating the house is like an impossible thing, whereas casinos are designed to always be profitable and the casino business never goes bankrupt.

We have to realize this if we want to try to beat the casino because casinos will always prevent gamblers from always winning.
We also will never know how it happened but it did happen and because of that, not many gamblers could win big money.
People who manage to win from the casino will come back to the casino with more money because they think they can win again.
And when they use a lot of money to gamble, the casinos take over the money and make the greedy gamblers lose their money.
It will be hard for us to beat the casinos so we better be aware of that and just gamble for fun.

Never before has a gambler beaten the casino to lose so much money to pay and go bankrupt.
If there are only a few and even then it is supported by luck not because of the abilities of the gamblers.
If the gambler who gets this win has a greedy nature then what you are talking about from the casino back to the casino will happen and can even exceed the money won.
Besides realizing that gamblers are hard to win and gamble for fun, we also need to have targets, such as stopping when we win and not betting more than we can.

If you have a target, what is your reaction when you can't reach your target?
Are you going to keep gambling until you reach your target?
If so, it's not worth doing so.
You need to have another target which could be the target should not be to stop when you win because getting a win from gambling is very difficult.
It's better to stop when you have had enough or you determine how long you play gambling and don't exceed that time limit.

Quote from: Peanutswar on March 29, 2023, 07:07:30 AM

Quote from: traderethereum on March 28, 2023, 10:12:45 PM

Quote from: len01 on March 28, 2023, 03:18:48 AM

on the other hand, the definition of beating the house is like an impossible thing, whereas casinos are designed to always be profitable and the casino business never goes bankrupt.

We have to realize this if we want to try to beat the casino because casinos will always prevent gamblers from always winning.
We also will never know how it happened but it did happen and because of that, not many gamblers could win big money.
People who manage to win from the casino will come back to the casino with more money because they think they can win again.
And when they use a lot of money to gamble, the casinos take over the money and make the greedy gamblers lose their money.
It will be hard for us to beat the casinos so we better be aware of that and just gamble for fun.

Only a small percentage of winners are capable to enjoy this kind of thing that why better to gamble responsibly, a small portion of players only make huge winnings and getting a chance of bankrupt with the casino is far from too much reality unless the player does not enjoy their casino and leave it that the time casino makes an action for gaining back and possible of bankruptcy, but if the small percentage of the winners, for example, is 10:1000 of players still at the end its the casinos win. Risk or to lose.

Yes, betting responsibly will keep gamblers from losing or even going bankrupt at one time.
He can also enjoy his gambling game by staying within the limits he has made.
In addition, he still has the opportunity to win, whether big or small.
The important thing is that he can get pleasure from gambling and be able to return to gambling again another day.

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Quote from: danadc on March 29, 2023, 03:00:19 PM

Quote from: RILWAN on March 29, 2023, 07:28:51 AM

We expect to see some level of success in AI work on gambling but the thing is that we cant ascertain whether there will be consistency in it winning over the house, but then since this is a new development let's see how to far it can go.

If what they are looking for is to beat the house, they are very far from Reality, I do not know much about AI, but I know and I am sure that the programs that have been developed are to have a resistance to the AI, and each time they are Improving and Updating, so that is not a problem for those who are looking for or trying to beat the house, I also imagine that in every casino when a player is winning a lot of money, the alarms are activated and they begin to monitor the player's Movements, and they look for or study why they are winning so much, if it is an error in the games.

No matter how AI would be advanced then there's no way that it would be able to beat up the house or something that it would be used on something against to it.It is really that impossible that they wont really be

finding out solutions if ever there would be some leak out that it does work or totally having that kind of impact in terms of their revenue.This is why there are some applications which would really be tested or
to be tried out on different industry and look whether it would be giving out advantage to them or not.This is why business owners wouldnt really be that letting for these things to happen.
There's no way that they would really just let it so easily.

nakamura12

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I don't think it is a great move to create an AI to beat the house especially if the casino owners will know that someone use an AI to beat the house if they are successful with the AI then I think they will make changes to their TOS so that using an AI will result in getting banned from their casino. Many people will think that it is possible to beat the house but in reality, they will only take what you have after some winnings.

danadc

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Quote from: RILWAN on March 29, 2023, 07:28:51 AM

We expect to see some level of success in AI work on gambling but the thing is that we cant ascertain whether there will be consistency in it winning over the house, but then since this is a new development let's see how to far it can go.

If what they are looking for is to beat the house, they are very far from Reality, I do not know much about AI, but I know and I am sure that the programs that have been developed are to have a resistance to the AI, and each time they are Improving and Updating, so that is not a problem for those who are looking for or trying to beat the house, I also imagine that in every casino when a player is winning a lot of money, the alarms are activated and they begin to monitor the player's Movements, and they look for or study why they are winning so much, if it is an error in the games.

Topic: How succesful will AI projects be to win the house? - page 14. (Read 3187 times)