How succesful will AI projects be to win the house? - page 18.

Odusko

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Quote from: klidex on March 23, 2023, 02:01:32 PM

Quote from: mak013 on March 23, 2023, 08:05:17 AM

The AI is based on scripts, even if they are very difficult. I don`t think that it is possible to win the house in any situation, but the AI can help to increase the winning percent. May be if we`ll use correct money management we can get profit for some time, but for a long distance it is impossible. The bookies will ban such gamblers or decrease odds and bet limits. Anyway the casino willn`t give someone to win them.

Casino is a gambling business that is established to gain profit not loss, so the casino has all the smart systems to keep everything that makes the casino lose.
Like AI that has been designed to predict sports betting or something else, but casinos have smarter systems than AI created by someone.
Of course, casinos can never lose and don't want to be defeated in any way, because casinos are a profitable business, not a loss.

Well, the basic fact is that casinos always wins over the player as usual but then we must also note that it is not in all cases that the casino will win some cases we have a situation where the player will successfully win over the house and come out with big winning.
But it is not certain if same can be achieved with AI because its operation has to do with bo activities which are not consistent.

Flexystar

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And do what?

Make the Casino go out of business and close down the casino so that we won’t have any Casinos to play on?
Have anyone understood or analysed any implications from such development?

All I can think right now are various questions which are not getting resolved but I’m having more questions one after another due ChatGPT stuff.

You pick anything these days from article writing to complex theories, from video processing to animations and what not GPT is there.

I only have one question to ask to community, whether this is worth it?

Now they are trying to compete the house edge as well, that’s literally complicated resolution which ain’t beneficial for the user experience in long run.

klidex

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Quote from: mak013 on March 23, 2023, 08:05:17 AM

The AI is based on scripts, even if they are very difficult. I don`t think that it is possible to win the house in any situation, but the AI can help to increase the winning percent. May be if we`ll use correct money management we can get profit for some time, but for a long distance it is impossible. The bookies will ban such gamblers or decrease odds and bet limits. Anyway the casino willn`t give someone to win them.

Casino is a gambling business that is established to gain profit not loss, so the casino has all the smart systems to keep everything that makes the casino lose.
Like AI that has been designed to predict sports betting or something else, but casinos have smarter systems than AI created by someone.
Of course, casinos can never lose and don't want to be defeated in any way, because casinos are a profitable business, not a loss.

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Quote from: Peanutswar on March 23, 2023, 10:22:26 AM

Those given data by the AI is the most ideal use for statistics analysis for sports betting because they can now easily get the data from the sources and the objective of the player is check and verify if there's a higher potential of winnings and what are the possible safe bets to prevent losses too much. In terms of how winning all of the games I guess the AI cannot make it because they have a different program and the gambling casino has their own way of system configuration with it so the chances of AI can predict the win will now lessen.

That's true it's for statistics only to come out with probability, if you're a sports bettor the data that the AI will provide is a big help for your own analysis and bet, but we will never come to a point where we can ask AI for exact result and proceed to bet on it, it's gambling you can win or you can lose but I doubt it can give a good winning percentage.

But it's going to be a big concern for the house if a new AI will come that can accurately predict an outcome on sports betting, and what if a new AI will come out to lay out a strategy to bet the house in a game of luck like Dice, nothing is impossible but I don't want that to happen.

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Quote from: Bushdark on March 22, 2023, 06:19:40 PM

Quote from: piebeyb on March 22, 2023, 06:10:44 PM

Quote from: RILWAN on March 22, 2023, 04:55:51 PM

I have being following up with this discussion of AI usage for gambling and i fine it very interesting if gamblers can use it to beat the probably fairs system of the casino which have limited players in many ways but with AI now players can now beat rhe casinos to it.

I'm not sure AI can be used to win at gambling, I believe that casinos have anticipated this AI of course, so there's no loophole for gamblers to take advantage of this AI to be able to win from home, after all this is just artificial intelligence made by humans too and will not be designed to win the gamble. Wink

It can be used to win bets but the problem is we don't need to have a continuous dependency on AI for us to win bet because of it lapses. It also depends on the kind of bet we are playing especially when we go for sport bets. It would not be that easy for IA to dominate in sport bets because the outcome is not determined by the house but rather by the team and the players that are playing the match. Using AI can be more useful and predictable when we play on dice game, and other similar games too.

Those given data by the AI is the most ideal use for statistics analysis for sports betting because they can now easily get the data from the sources and the objective of the player is check and verify if there's a higher potential of winnings and what are the possible safe bets to prevent losses too much. In terms of how winning all of the games I guess the AI cannot make it because they have a different program and the gambling casino has their own way of system configuration with it so the chances of AI can predict the win will now lessen.

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Quote from: letteredhub on March 21, 2023, 01:20:06 PM

Don't forget this is a computer designed by humans and can be manipulated or defeated by same knowledge of humans that are in charge of these casinos. There's no assurance depending on AI for better and bigger win as the chances are still slim and predominantly based on luck just like with human ability only been used.

Well, though you are partly right that the models are created by humans and can also be defeated by humans, it's basically not a fight between an AI model and humans, but it is more like humans vs humans because those that will defeat the models will be facing the model's abilities that are actually being utilized by another human behind the model.

So this war basically is between humans where one will try to utilize the abilities of an invention while the other will try to beat it with luck and the advantage it has over it that's the house edge every casino has.

mak013

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The AI is based on scripts, even if they are very difficult. I don`t think that it is possible to win the house in any situation, but the AI can help to increase the winning percent. May be if we`ll use correct money management we can get profit for some time, but for a long distance it is impossible. The bookies will ban such gamblers or decrease odds and bet limits. Anyway the casino willn`t give someone to win them.

Z390

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AI is artificial intelligence, made by men, this is not a god or something, gambling companies must be aware of AI existence and I am sure that they know exactly what to do to counter any AI theft or cheat in games, because if AI could make you win games it's cheating, and since this is created by man, adjustments can be made, there will be some limitation to what this AI can do for humans, right now the discussion about how AI will affect studies and teaching in schools is still on the ground and this can affect companies too, this isn't what we want for human race.

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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.

What then is the need for more indepth or extra analysis from the bettor when that is what would have been expected that the bot must have critically done already before giving out any form of predictions on a giving sport game to be bet upon. If then that's the case that I as a gambler need to scratch my head for more analysis then it's best I just depend on only what my head can give me based on any analysis I can make given the information before me about the sport or game I may be betting on.
All am saying is, if anyone is depending on AI project for any win then it should be a complete dependence not the other way.

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Quote from: abel1337 on March 22, 2023, 06:40:44 PM

Quote from: piebeyb on March 22, 2023, 06:10:44 PM

Quote from: RILWAN on March 22, 2023, 04:55:51 PM

I have being following up with this discussion of AI usage for gambling and i fine it very interesting if gamblers can use it to beat the probably fairs system of the casino which have limited players in many ways but with AI now players can now beat rhe casinos to it.

I'm not sure AI can be used to win at gambling, I believe that casinos have anticipated this AI of course, so there's no loophole for gamblers to take advantage of this AI to be able to win from home, after all this is just artificial intelligence made by humans too and will not be designed to win the gamble. Wink

Most of us are aware of how powerful AI is today since AI existed on every part of our lives now. Though with the hype of AI today, I think there developers who aim on making an powerful AI that is sole purpose is to win on casinos. This kind of AI should be the one that casino be ready for. I believe that casino owners know that sooner or later, There will be an AI that will interact with their casino and they should be ready on it by driving them away or not allowing them to win in their casino. AI can be too powerful and we can see how can AI on that is made on our current generation is now performing. I just believe that AI should be regulated as they can interrupt our daily lives soon if those become over powerful that we humans can't control it anymore.

Lots of hypes honestly but there are people who do really pushes it out on something which isnt really that realistic anymore on where trying out to make out some claims that it is effective there and that which

we know that it cant really just that possible nor really that applicable for it to be used on some aspects but people do really keep on pushing it for it to work until they would realize that its totally irrelevant.

Making use of AI just to beat up the house? Do we really think that gambling industry and businesses would really be letting these things to happen on choosing up the response or bet line basing up on
AI selection or recommendation? There's a con's to it actually if it does work.

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Quote from: piebeyb on March 22, 2023, 06:10:44 PM

Quote from: RILWAN on March 22, 2023, 04:55:51 PM

I have being following up with this discussion of AI usage for gambling and i fine it very interesting if gamblers can use it to beat the probably fairs system of the casino which have limited players in many ways but with AI now players can now beat rhe casinos to it.

I'm not sure AI can be used to win at gambling, I believe that casinos have anticipated this AI of course, so there's no loophole for gamblers to take advantage of this AI to be able to win from home, after all this is just artificial intelligence made by humans too and will not be designed to win the gamble. Wink

Most of us are aware of how powerful AI is today since AI existed on every part of our lives now. Though with the hype of AI today, I think there developers who aim on making an powerful AI that is sole purpose is to win on casinos. This kind of AI should be the one that casino be ready for. I believe that casino owners know that sooner or later, There will be an AI that will interact with their casino and they should be ready on it by driving them away or not allowing them to win in their casino. AI can be too powerful and we can see how can AI on that is made on our current generation is now performing. I just believe that AI should be regulated as they can interrupt our daily lives soon if those become over powerful that we humans can't control it anymore.

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Quote from: piebeyb on March 22, 2023, 06:10:44 PM

Quote from: RILWAN on March 22, 2023, 04:55:51 PM

I have being following up with this discussion of AI usage for gambling and i fine it very interesting if gamblers can use it to beat the probably fairs system of the casino which have limited players in many ways but with AI now players can now beat rhe casinos to it.

I'm not sure AI can be used to win at gambling, I believe that casinos have anticipated this AI of course, so there's no loophole for gamblers to take advantage of this AI to be able to win from home, after all this is just artificial intelligence made by humans too and will not be designed to win the gamble. Wink

It can be used to win bets but the problem is we don't need to have a continuous dependency on AI for us to win bet because of it lapses. It also depends on the kind of bet we are playing especially when we go for sport bets. It would not be that easy for IA to dominate in sport bets because the outcome is not determined by the house but rather by the team and the players that are playing the match. Using AI can be more useful and predictable when we play on dice game, and other similar games too.

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Quote from: RILWAN on March 22, 2023, 04:55:51 PM

I have being following up with this discussion of AI usage for gambling and i fine it very interesting if gamblers can use it to beat the probably fairs system of the casino which have limited players in many ways but with AI now players can now beat rhe casinos to it.

I'm not sure AI can be used to win at gambling, I believe that casinos have anticipated this AI of course, so there's no loophole for gamblers to take advantage of this AI to be able to win from home, after all this is just artificial intelligence made by humans too and will not be designed to win the gamble. Wink

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Quote from: shasan on March 19, 2023, 07:30:08 PM

Quote from: Oshosondy on March 12, 2023, 07:23:04 AM

Just as it has been advised several times, gamble for just fun.

I want to say that gambling is not for the fun hence gambling is for addiction. For fun, people play free games or those games which have not have such an option to win based on the amount of betting. Though there is only a portion of people use gambling sites for fun/refreshment but the majority of people are addicted to winning more funds or recovering losses on gambling.

Gamblers finds it a thing of fun to bet and either win or loose yet remain satisfied and that doesn't stop them from continuing gambling the next day or time, why is because there's fun in gambling, this is what majority of gamblers want, an atmosphere to create fun in a pleasurable moment which does not matter either winning or loosing, even those that want to make money from gambling still finds fun in doing so.

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Quote from: Oshosondy on March 12, 2023, 07:23:04 AM

In the long run, you can not win the house. The chance you can be lucky and win big to become rich will always be less than 1% while in long time, the house will always be the winner.

Just as it has been advised several times, gamble for just fun.

There’s always less or no chances to beat the house and take an edge, even if you make use of potential AI projects as they can never be reliable especially in gambling where every outcomes is uncertain and can never be predicted. Luck is all you need when you gamble, expect for some sports that actually require skills to win. That is why gambling should never be considered a source of living or income even if you apply the best AI projects.

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I have being following up with this discussion of AI usage for gambling and i fine it very interesting if gamblers can use it to beat the probably fairs system of the casino which have limited players in many ways but with AI now players can now beat rhe casinos to it.

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Quote from: bettercrypto on March 18, 2023, 07:05:15 PM

Quote from: Kelvinid on March 17, 2023, 10:23:32 AM

Quote from: Slow death on March 17, 2023, 10:18:12 AM

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.

from my experience I would say that AI will not be able to bring consistent profits unless the person makes a combination of the results obtained from the AI with analyzes obtained by himself, I will give a concrete example: let's say I want to bet on the game between:

...

This would tell us that no perfect technology that could see what will happen next. Though we can appreciate how this AI has been created but when it comes to gambling, they are just like us humans and they can be wrong. At the end of the day, the house still makes money even though all gamblers will use this technology.

Because what I see is that everything that has been created has some limitations and so we can't expect AI's knows everything and is able to surpass theeir limitation.

I don't believe that AI knows everything because first of all it is known if others have also noticed that AI is not updated in cryptocurrency and it is not accurate either, how did I say it? because when it comes to matters related to human emotions, it will no longer be able to answer the question correctly.

That's one of the reasons why that is no longer covered by AI because it is no longer in their program, therefore when it comes to gambling in the casino it can only provide guidlines or options that we can choose but not at the point where the gamblers will win on the house edge, because if that is true the casinos will not apply the AI system because they will only lose to the gamblers who always win in their casino, this is the logic that I see in my understanding.

The human emotion I think is what the Twitter sentiment analysis is. Although there is really a possibility that AIs can predict the outcome of the sports match, I still can't give 100% trust. The only way I guess is to keep testing as many bots as possible with a very small amount. Whichever works, in the long run, will probably work every time.

ChatGPT dice strategy is tempting, I wanna try asking the bot. Cheesy

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Quote from: letteredhub on March 21, 2023, 01:20:06 PM

Don't forget this is a computer designed by humans and can be manipulated or defeated by same knowledge of humans that are in charge of these casinos. There's no assurance depending on AI for better and bigger win as the chances are still slim and predominantly based on luck just like with human ability only been used.

We have to trust ourselves that humans, us, can still defeat these AIs and their knowledge is still limited. While us, we've got more time to know more and study a lot and upgrade. But to weigh things, the upgrades that these AIs are getting is also like limitless but thanks to the developers of it. Like the newest version of chat gpt-4, it's said that it can have more reliable answers and better way of understanding and could it be that gambling is also part of it. But again, we have to remember that these AIs are also basing their knowledge and answers on what's visible on the web and they cannot foresee the future like predicting a gambling result like in sportsbetting which is unlikely.

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Quote from: Mauser on March 21, 2023, 12:34:06 PM

Quote from: Rabata on March 21, 2023, 07:26:05 AM

AI has been able to bring massive changes in every field. In Casino gambling use of artificial intelligence is also rise tremendously. AI is now playing a huge role in every part of prediction and analysis. Where earlier one had to wait for others' analysis and wait for a long time but now it is no longer necessary. Making predictions based on all information and data for very fast in gambling AI will contribute the most.

While it's true that AI is making a lot of changes and has huge potential in the way it's quickly analysing data and learning from it, I am not convinced that it will make many changes to the gambling industry. Back in high-school I learned a bit about casinos in my statics class and the first we focused on was that gambling rounds are independent from each other. So even after analysing all the past rounds over several months, is not going to change the odds of us winning or losing. Every new round is going to give us the exact same odds, which makes it very hard to find a winning strategy. Every casino game has a house edge to ensure that casino is making money long term. If there were strategies that make a consistent profit for the gambler than the casino would need to change it's games, otherwise they would go bankrupt.

And even if someone spends a great deal of time and finds a way to beat one of the casino games then the casinos will just change the games, this has happened already many times with one of the most notorious examples being blackjack, many decades ago blackjack was played with a single deck of cards, but when card counting was developed which allowed the player to get an advantage over the house casinos changed blackjack and began to shuffle more often, used more decks and branded everyone which used card counting as a cheater, even if they were just using their minds to beat them.

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Don't forget this is a computer designed by humans and can be manipulated or defeated by same knowledge of humans that are in charge of these casinos. There's no assurance depending on AI for better and bigger win as the chances are still slim and predominantly based on luck just like with human ability only been used.

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