How succesful will AI projects be to win the house? - page 25.

swogerino

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

AI means artificial intelligence and not a sorcerer or future predictor that cannot be known before it is happening,anyone claiming to do so is either a ill minded person or a scammer.Based on this I think that there is nothing to be impacted on the casinos as they will still keep making money because AI no matter how good they will become they simply cannot predict the future for sport bets.In slot machines they have absolutely 0 impact as they are already programmed to give the casino an edge which is called the house edge and that makes sure that the casino makes profit in the long run.So AI won't have an impact on the casinos in my opinion.

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Quote from: Fivestar4everMVP on March 12, 2023, 04:12:45 PM

It is highly impossible to beat the house in the long run, and one of the reasons why I think it's impossible for Ai to beat the house in gambling is because, gambling is a dynamic type of gaming, there is no static way to win when gambling on a Casino, so this simply means that even if you device a strategy that seems to work, there is no guarantee that such a strategy will continue to work forever..

So if an Ai is programmed to strategically beat the casino, it might work in the first, second and maybe third game, as soon as the casino's game system changes, the Ai will automatically loose its ability to win the house like it previously did, in the end, the house can not be beaten.

It'll be a treatening moment for the Online Casino platforms due to the capacity of the deep learning that backs up an AI. It specializes on analytical problems and storing large data of past events, which can be used to determine the outcome of a game from the past results already displayed on the gambling machine. Though steady winning can't be guaranteed, but its certain that AI, if so much money and time is spent on the Deep Learning, can predict games that'll be positive. Hence, the house won't seat back and watch, they can easily integrate a fast rule for players that use AI or launch their own version of AI that'll track AI activities.

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Quote from: worldofcoins on March 12, 2023, 12:26:21 PM

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?

I don't think an AI like ChatGPT will be able to beat a gambling website that has a house edge.
In the long run, AI will get beaten by gambling websites with a house edge. I doubt AI will be successful at the job provided to it.

It's because casinos are using an even better version of AI! They can afford it... in the end (or beginning) it's all math! And AI is probably beating us in math...

I tried ChatGPT, just a few questions... I got very detailed answers, it stuck at some sex-related questions, which was funny!

Anyway, I guess that with some right questions, ChatGPT can give "good answers". Of course, the question is how successful it can be. I guess everything over 60-70% would be great. I will not test it, but I believe some people will for sure...

Fivestar4everMVP

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It is highly impossible to beat the house in the long run, and one of the reasons why I think it's impossible for Ai to beat the house in gambling is because, gambling is a dynamic type of gaming, there is no static way to win when gambling on a Casino, so this simply means that even if you device a strategy that seems to work, there is no guarantee that such a strategy will continue to work forever..

So if an Ai is programmed to strategically beat the casino, it might work in the first, second and maybe third game, as soon as the casino's game system changes, the Ai will automatically loose its ability to win the house like it previously did, in the end, the house can not be beaten.

crzy

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Using AI for this purpose might not be possible because gambling works with luck and there’s no way to beat the house even if you use AI, for sure this is not allowed. I didn’t see any news yet about the site adopting AI technology as well so they can caught cheaters and frauds, this should be your worry if you will use AI because the site can ban you and your funds might be compromised.

coin-investor

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We all know gamblers will try all the available methods they stumble just to improve their chances and this GPT is the new big thing, next time we'll see a lot of testimonies and stories about using AI on their success and failures in sports betting the AI recommendation is very vast because sports betting has a lot of options for creating strategies like those mentions on those videos.
We should not judge these AIs' this early until the majority who use them are losing a lot of money from using these AIs'.

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Quote from: Kakmakr on March 12, 2023, 05:13:28 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 suppose gambling is bit aside AI stuff, too many coincidence moments. AI is well taught with smth which can be statistically realised, and actually the science of statistics itself was created by mathematicians to create the best strategies in gambling and casino (roulette, dice, horse racing etc), so they unveiled many laws of the nature, but still are not able to create a good gambling algorithm... Cheesy

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Let us remember that Artificial intelligence relays on public information on internet to answer people's questions and requests.
That means that in reality, the AI will just give us a logical reply based on the data it can find, which is something we can already do without its help, in the best case scenario it may just save us time on the analysis.

I do not think AI will mean a serious change for the gambling industry, simple analysis for predictions cannot beat the laws of the probabilities. And using AI to cheat the casino is obviously illegal.

worldofcoins

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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?

I don't think an AI like ChatGPT will be able to beat a gambling website that has a house edge.
In the long run, AI will get beaten by gambling websites with a house edge. I doubt AI will be successful at the job provided to it.

klidex

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

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Quote from: Crypt0Gore on March 12, 2023, 10:28:30 AM

-snip-

That way, all of this has been programmed according to what the casino dealer and AI want, even though it can only make predictions for a sports match, not for games in gambling games. AI does make everything feel easier but casino programmers also have their own security, AI might be used as a technology that helps gambling get better in terms of use and response given, not to win those who might have been programmed to lose.

If gambling is only used to make a lot of profit, then it will be a bad place.
You should use gambling partly for fun, not absolutely for profit.
Ai technology is implemented in gambling to make it better, not to win someone over

Coin_trader

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In theory using an AI is good to remove human error and emotion on your bets to minimize risk of losing nut I don’t see the sense of using it on gambling because all gambling games is based on luck while using AI doesn’t increase your winning chance rate but just decrease your chance of error due to emotion. Also using an AI defeats the purpose of you playing gambling which is for a source of fun.

There’s no AI can defeat a house unless somehow they can analyze the algorithm of the casino for giving a result then this is a possible concept.

Gozie51

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As much we can try to win the house with Al by creating whatever bots to do that we can't have a satisfying win all round at every gamble we make. Gamble is a lucky based fun game and nothing beyond that, you win today, you lose more tomorrow and the circle returns to someone else. I watched some of the YouTube links you sent but they are all talking of bots and when talking about gambling, bots don't have that high performance to win against the house. Regarding to football gambling, how will the ChatGPT react to emotional challenges of players that would affect their performance on the field because even football commentators and analyse on television do make reference to all that and how it relates to their performance.

TimeTeller

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Quote from: Wexnident on March 12, 2023, 08:35:57 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?

It's technically just numbers crunched down to the possible limit with certain algs used I think. It wouldn't be a guaranteed prediction, but it CAN at least imagine a scenario of who's winning against who based on said numbers. There are also matches that show more probability or heavily favor one side, so making a prediction through that much is easily doable for AI's as well. It can be successful imo, but it can also fail since sports isn't exactly just a straight-up yes/no type of game, things like comebacks, dark horses, and whatnot exist which is what makes watching sports enjoyable in the first place, and AI can't (at least for now) exactly add those kinds of factors in its prediction.

And to add, I don't think if ChatGPT has fixed it yet but it has that tendency to explain stuff in a way that looks "correct", but really isn't in some cases afaik.

AI has certain limitations when it comes to predicting sports events.
Other factors such as players' injuries, environmental conditions, or strategies may not be incorporated in their system.
If AI is giving the advantage to its players, these casinos and bookies may have already stop its operations due to possible bankruptcy.
But I believe, it is still far from happening as this AI system can only work to some extent, they maybe can predict but it depends on the database they have.
For now, it is not a threat yet to these gambling sites. The sites themselves will worry if they start seeing casinos going down owed to AI winnings.

Crypt0Gore

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AI can't win against something that's created to make you lose, it is in the system of gambling casinos, this is why gambling should be play for the fun of it, also it is better to use little amount of money for exchange of this fun, you will only win when you least expected and if all you are using so far is what you can afford to lose, there is nothing to worry about, it's either you lose that little amount of money and have fun or you win once in a while and still have fun.

A gambler only lose himself when he used the amount he is not prepared to lose.

maydna

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I don't know yet, but there is a possibility that AI can be more successful at coming up with betting strategies because AI can collect all the information on the internet faster. And it can also help us analyze the results that AI gets even though AI can directly provide the percentage of success.

But we can't just accept the results of AI because we have to analyze them further. And the impact for the casino may be that they can experience losses, especially if there are many gamblers who can win a lot of money. But I don't think casinos will sit idly by and watch AI develop because casinos must have ways so that AI can't work optimally.

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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's technically just numbers crunched down to the possible limit with certain algs used I think. It wouldn't be a guaranteed prediction, but it CAN at least imagine a scenario of who's winning against who based on said numbers. There are also matches that show more probability or heavily favor one side, so making a prediction through that much is easily doable for AI's as well. It can be successful imo, but it can also fail since sports isn't exactly just a straight-up yes/no type of game, things like comebacks, dark horses, and whatnot exist which is what makes watching sports enjoyable in the first place, and AI can't (at least for now) exactly add those kinds of factors in its prediction.

And to add, I don't think if ChatGPT has fixed it yet but it has that tendency to explain stuff in a way that looks "correct", but really isn't in some cases afaik.

Odusko

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This project is not possible AI are not human but bots are designed for a specific purpose and they can not work outside it environment of programming, gambling has to do with statistical analysis of events and competition bringing in place some relevant factors that aid your decision.
I bet you that you will have 99% failure in performance and accuracy for the bot, so you see, it is a lose-lose situation for anyone using them.

YOSHIE

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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?

ChatGPT The system in the AI method is specifically designed for debriefing between humans and robots, you can't get perfect answers from Al to your questions, especially about betting in online casinos, if you use the AI method to gamble, I believe 100% sure you will lose and be disappointed.

ChatGPT can only answer what has happened, if you ask, AI cannot answer something that has never happened, if he answers it is all nonsense you cannot be guided by AI projects to gamble.

I once tried to ask about football between the Arsenal v Sporting teams yesterday, Al said Arsenal won with a score of 2-0, the facts on the field the result was 2-2, this is a sign that ChatGPT is damaged in guessing and gambling, so don't rely on ChatGPT for gambling, do it yourself with the experience you have.

len01

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for now I see a lot of gamblers out there discussing ChatGPT and they also discuss strategies for using ChatGPT. but anyway, no matter how good our strategy is and in whatever way we do it for victory against the house, it will be in vain. because we in gambling will only always lose, we can't go against the house.

impact on gambling or casinos, seems to be non-existent. because the casino has better intelligence for its win against gamblers. even though ChatGPT is very smart, it will not be able to make us always win.

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