How succesful will AI projects be to win the house? - page 26.

goaldigger

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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?

Casinos will not allow this to happen, or else they will be bankrupt.
I'm thinkin though that they are already working with the AI for their own benefit, most probably on looking for a cheater automatically and you'll get ban right away. So don't ever think that technologies will stop the house from winning, because they are more advance compare to the ordinary gamblers and they already know what to do counter such development with AI technology.

Eureka_07

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

As much as I want to believe that house can be beaten in the long run, I still cannot convince my self that it will. There is chance of course, but since the results are always random, plus the odds are always against the player, the result is still based on luck, perhaps cannot be calculated. From that, I am more into believing that house will never lose from bots... But who knows what lies in the future...

robelneo

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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

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?

There is that probability, based on this video it's like fast-tracking the best gambling strategy that you can come out with so instead of experimenting and coming out with results based on trial and error you can actually come out but when it comes to implementation, it's up to you how you trust the method you created based on ChatGpt.
Even though the video creator gives us a glimpse of a very good model on how to win in sports betting he still put this disclaimer because he knows that there is no perfect gambling strategy, everything is a probability, so take your risk if you are ok with it.

Quote

First, a disclaimer - Do NOT invest any money in any type of sports betting bot or algorithmic engine that you are not willing to lose. I gave this sports betting bot money because I was willing to lose money to make a great video for my AI Wizards out there.

coinerer

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

-snip-

While AI performs well in all areas, I am still not sure that it will perform very well in gambling. However, since it is a robot, if it has good functions, it must be able to make an analysis and make a decision several times faster than a human. So if AI is developed further and AI is made for gambling it will definitely work well. But with the popularity Ai is gaining, i think Ai will be used as a major tool for gambling in the future

piebeyb

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AI artificial intelligence actually helps a lot in any case but if it is used to play casino and test it I don't think it will be possible to win against the house, after all all casinos must have overcome that, so there is no chance to win against the house all wins are based on luck after all I only play to have fun so no need to use this technology to play casino. not sure it will be full 100% success Wink

Daltonik

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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.

AHOYBRAUSE

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AI is also just based on math and mathematically you cannot beat the house. Not if the house edge is against you.
Only games that are beatable are blackjack and maybe others where you can turn the % in your favour.

AI certainly can help you to minimize your losses by optimizing a strategy but winning is pretty much impossible I would say.

There is no perfect way to beat odds that are stacked against you, only luck can help.

Ojima-ojo

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The use of artificial intelligence (AI) have really changed the way things works lately even though some aspect of our life and work doesn't permit it usage, but if allow in gambling it should be a great deal and if it can win against the house it will be a great tool for player to win against the house.

But even at that since AI work based on scripts what happens if the AI programming becomes insolent because of constant upgrade from casino, or AI usage on casino become illegal and term as an abuse against the casino.

Nwada001

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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?

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.

Oshosondy

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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.

Kakmakr

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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?

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