How succesful will AI projects be to win the house? - page 24.

Odusko

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Quote from: Kakmakr on March 13, 2023, 02:11:03 AM

This makes for some interesting discussions. Wink

Expect to see interesting comments in this thread, but don't expect to see any lengthy write up on this topic, this is because AI discussion does not have so much to discuss onnce their cant act outside their source code and at that most developer and back end monitors will detect the activities of AI easily.
Just know that AI will be shirt left in casinos if it ever works which I thought it will, it is a long wait to fail in the end, and no matter the vulnerability of the casino, bots will get cut off sooner or later.

Daltonik

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Quote from: Kakmakr on March 13, 2023, 02:11:03 AM

I see most people seem to think that it is not possible to win the house, but what if the AI finds some kind of exploit and then give that as a answer to millions of people that are asking that question?
I am a human and I have spotted two flaws in casino slots (that I reported) ....but if the AI spots something, will it report it or simple do what it is designed to to... (namely to solve problems)
This makes for some interesting discussions. Wink

I think that many developers know and use AI also to search for vulnerabilities, and if we take into account their awareness and experience, I think they are able to make a very specific and directed request, which is quite difficult for a simple layman.

tusandii

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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?

It seems that any casino will never let their customers use AL to play because it will have a huge impact on the casino experiencing losses.
However, if there are indeed a number of people who have tried to use AL, they will definitely have made big profits there and over time, if the casino finds out, there will only be more suspicion from the casino about the account being used, so in the end there will only be quite a long problem.
After all, all this time I've been in the gambling industry, I've never heard of any gamblers who use AL for them to play, but this is an act that seems to be prohibited, so anyone will never say their experience using AL.

Rruchi man

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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?

Just know that as technology improves, so also do the casino develop and get smarter as well.

With more AI projects, Casino's will be on the lookout for how it can affect their profit and business. Developers will also most likely take advantage of this also to work on and create projects that will be able to detect and block AI use perhaps, a technology that casino owners will be able to patronize to ensure they stay in business.

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Quote from: Mauser on March 13, 2023, 02:44:49 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?

No i don't think AI based gambling strategies are going to beat the casinos. As far as I know there is still no strategy by itself that beats the casino consistently. All of the casino games are designed with a house edge that makes sure the casino remains profitable in the long run. Short term there be a lot of gamblers making money due to randomness, but eventually the number of losers should be higher than the number of winners. Even the best Ai in the world can't change that. There are winning strategies like card counting in Blackjack or professional poker players who manage to be profitable for a long period of time. But this won't be able to be replicated freely by AI as most casinos don't allow card counting. I am still wondering what kind of strategies the AI comes up with after many games.

- I also don't believe in AI related to crypto gambling, for me it's no different from a bot you know that. And until now or even when, AI will not be accurate unlike humans like us who have their own strategy that is used by emotions.

While AI does not have emotions, it is still different from a normal gambler who will play on a crypto gambling platform. As well as gambling, they still want AI to work for the gamblers, that's not good, after all, there's no enjoyment in that, right?

Mauser

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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?

No i don't think AI based gambling strategies are going to beat the casinos. As far as I know there is still no strategy by itself that beats the casino consistently. All of the casino games are designed with a house edge that makes sure the casino remains profitable in the long run. Short term there be a lot of gamblers making money due to randomness, but eventually the number of losers should be higher than the number of winners. Even the best Ai in the world can't change that. There are winning strategies like card counting in Blackjack or professional poker players who manage to be profitable for a long period of time. But this won't be able to be replicated freely by AI as most casinos don't allow card counting. I am still wondering what kind of strategies the AI comes up with after many games.

Dunamisx

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We make a common mistakes when it comes to discussions about AI which is the overrating that we give them, we should know that they are limited to the level of potentials they can perform in carrying out a task unlike humanbeing, AI work by one way directly such a way that they only perform their task base on the program made on them, in gambling there are many ways gamblers uses their brain to win against the house edge in gambling which i believe is a pitfall on AI to do so.

davis196

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Most gambling games are designed in a way that makes it impossible for the player to win in the long run. No AI could win in a rigged game. Grin

I'm talking about the "low IQ" gambling games, like dice and crash(and probably roulette).
It would be interesting to see how AI would play a game like poker. Perhaps there will be AI poker players gambling on online casinos in the not-so-distant future. I would never let an AI bot to bet my money and play in a casino. Grin

I'm sure that many not-so-smart gamblers would happily pay for a magical "always winning" AI gambling bot or service. Grin

We've seen such scams before, they will never end.

Kakmakr

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I see most people seem to think that it is not possible to win the house, but what if the AI finds some kind of exploit and then give that as a answer to millions of people that are asking that question?

I am a human and I have spotted two flaws in casino slots (that I reported) ....but if the AI spots something, will it report it or simple do what it is designed to to... (namely to solve problems)

This makes for some interesting discussions. Wink

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Quote from: klidex on March 12, 2023, 11:29:18 AM

AI can help gamblers in terms of predictive strategies that allow getting better results compared to human prediction results.

That is not true, AI can make use of some strategies to analyse but it can not do more than the prediction sites. If you check predictions sites, you can see how many predictions were made but only put gamblers that fully have believe on them into losses. In gambling, as you can not fully believe in predictions, you can not also fully believe in AI, you can just try to use it to get some information fast which can aid your analyses and prediction.

Quote from: klidex on March 12, 2023, 11:29:18 AM

But that's not necessarily all you can get 100% victory as we hope and certainly a more precise win depends on our luck at gambling.
Actually, I have never tried Chatgpt myself, but seeing from several people who have used this AI strategy they say that all results are not certain and cannot beat the house.

I have preferred not to use anything but myself analysing a match. I do not go for most of the match but just few or one. I do not bet frequently and discipline myself. I win than lose.

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Quote from: Nwada001 on March 12, 2023, 06:32:24 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?

When one wants to predict a game, you go through previous games how they play and there score and the qualify/skill of the club to the best of your knowledge, from there you can be able to make your decision about who is to be your winner or not, which will not be the same with other's production. I believe these AI are built using the same idea, but since they are machines, they will be more calculative than humans, but they won't give 100% accuracy to all games, just as humans predict sometimes correctly and sometimes incorrectly.

If anything makes this proposed project work successfully, then the casino's businesses will all be shut down for good. Everyone will want to use the AI to predict and win, and when there is no losing, the casino won't have anything to keep them going since they are likely profit-oriented businesses.

I agree with you but on the other hand, I Believe that these AI all work on principles and instructions already programmed for them and which is also human based. The major difference with AI is the fact that strategies aren't compromised over some few changes because as a human, most times when we want to place a bet, we put into considerations a whole lot of things and most times tend to compromise our decision ls over se.few irrelevant things which I believe AI helps correct.
I personally Haven't had the thought of using an AI despite several positive stories I've heard about it's work but I soon hope to give it a trial someday.

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Quote from: Stedsm on March 12, 2023, 06:50:51 PM

Nah, nobody in this world, not even AI can beat the house.
However, it can make a difference if it can bring us small profits over time because if we attain to gain something out of its use, we can use it time to time to grab some profits every now and then (not continuously). This is to prevent the casino from understanding our strategy and implementing theirs to stop us from either using AI or getting consistent profits from it.

I could bet anything you want that even before artificial intelligence becomes more refined and widespread, casino software engineers and technicians have been already been tasked to study, engineer and deploy any counter measure against possible abuse of AI to enhance odds against the house.

Besides, even if AI could be used as you say to get some profits from time to time, there would be people abusing it as often as they can and prompting casinos to do something about it even faster.

House always win, not even Skynet can change that.

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Quote from: Oshosondy on March 12, 2023, 06:23:04 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.

For certain games I would disagree. With enough data and the combination of intelligent usage, I believe that AI can be used to beat the house. It would bring an edge that allows the player to stand a potential chance. The same goes with Poker. It may not guarantee your win, but if you know how to use it, it would exponentially improve your odds.

Right now, ChatGPT is not capable enough (in my opinion). I will however be very curious to see how AI will effect the gambling industry as it becomes more advanced and if it remains as open to use as current.

Stedsm

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Nah, nobody in this world, not even AI can beat the house.
However, it can make a difference if it can bring us small profits over time because if we attain to gain something out of its use, we can use it time to time to grab some profits every now and then (not continuously). This is to prevent the casino from understanding our strategy and implementing theirs to stop us from either using AI or getting consistent profits from it.

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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?

Hmmm, it's like asking quantum computers towards cracking bitcoin tech. So by any means, you can't beat the house.

Although ai will be a huge help in sports betting by asking inputs and statistics but still it wont give you a winning answer or any higher winning rate on the team you will choose.

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Quote from: Oshosondy on March 12, 2023, 06:23:04 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.

Right. Gambling casinos are designed to make an income out from players, and not that players will in return take advantage over the casinos. Even with the arise of AI projects, still we cannot beat the house. So I don’t think that the house will be threaten with this AI projects. AI cannot predict something to happen, most particularly in gambling where everything comes with luck.

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Those who has the money and the capability to go on a long-standing battle against the house will win. It's about who's going to win the war of attrition, and so far the house always wins. No matter how smart or how capable the AI they are inventing is, there's no denying that the house controls a lot of the aspects of its platform and can even win against a lot of players by literally just serving them. I am for AI development, but I don't think there will ever come a time wherein an AI can defeat a sufficiently-funded house in the long run.

boyptc

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As with these developments are optimistic, you just can't really beat the house. If AIs are being developed, for sure that there will be a counter measure being done by the casinos to avoid these high winning rates made by them.

They probably are anticipating this to happen and they'll do something for them to protect their business interest and possible abuse by those people that sees some gap to take advantage of with the use of this technology.

Still, at the end of the day, this technology is no Nostradamus and the house will always and will shall prevail. Soon, we might see threads about their experiences and winning rates with the help of AI technology.

GxSTxV

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For betting on sports, the AI can provide predictions based on the available statistics and the history of teams or whichever sport you want to bet on where you can’t assure any return or positive result with that so it is important to understand that there is no guarantee of profits in sports betting as it involves an element of unpredictability unless there is a manipulation or cheating.
Similar case for lottery or slot games, the AI can only analyze the information provided and you may get lucky to win, but it may not be sustainable in the long run since the casino has the advantage to beat every possibility against it. AI may have many useful uses but surely not in gambling and to win against the house the only way is being so lucky to win once and never return or to cheat.

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My honest opinion is no matter what strategy or person/bot we pick the final result will not change since the house edge factor makes the house unbeatable in the long run. Why does it matter if the bet button has been clicked by a real person or commanded by "smart AI"? Btw, let's don't forget casinos also have access to such tools that can be used to boost their revenue. Casinos are form of business that has been created to make a profit, using AI may delay bust final scenario but it can't be used to get infinite win streaks, IMHO.

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