Topic: How succesful will AI projects be to win the house? - page 5. (Read 3173 times)

That's right, and whatever efforts are made by gamblers, the house edge can always be anticipated so that gamblers still find it difficult to win because the house edge is always ahead of the gamblers.
There is a little story that I actually witnessed firsthand where a few days ago my friend tried to use Al in a local betting site because he thought the local betting sites were easier to beat with Al because he is also a programmer and has the skills good enough in the software system, at the beginning he managed to get at least 3 wins but after that he continued until a few hours had passed only defeats he got even to return 10% of the losses he couldn't take it anymore.
From here I really think that there is real evidence in front of my own eyes that Al is a breakthrough in artificial intelligence but it is still not perfect and cannot be relied upon as expected.
And from this incident I concluded that Al might be able to help but in the future it is very likely that Al can also make things worse.

I don't believe that AI would give any advantage in sportsbook because in that area AI is almost useless. If a programmer manages to create an AI that would work based on the winning odds of a sports match then that would be another case, but most probably such AI systems can be a huge failure. That's a truth that most of casinos will always try their best to make algorithms that would check for players who are doing something suspicious to take advantage of a casino, and if out of no where the algorithm finds such users then the casino would penalize such players for sure. The casino's won't pose limits on players who win fairly, but the ones who get help from AI bots may get some kind of penalty. However, if a player really get his hand of a piece of software that may increase his win rate then he will surely make that software in a way that none of the algorithms could detect it.

There's no doubt that some people will find ways to harness AI to help build them winning strategies in places like a sportsbook. However you need to remember that there are also large teams of staff at many bookmakers who are analyzing data as well and trying to use the same AI system to counter this strategy before they lose too much. They'll also have automated algorithms that will seek to identify and slow down the strategy of heavily winning players, that is if they don't limit their activity altogether with a low cap like $100 a day. There may be a small window where players will get the upper hand thanks to this technology, but it will eventually be shut down - so if you find it then maximize your returns now.

Those who have Experienced hope that this is the case, the truth is that I would not dare to do something like this for now, even if the AI is very advanced, it is very likely that the casino will determine it and the casino account will be banned, and that is something that I wouldn't like it, besides it would feel a little embarrassing, apart from everything it's seen as cheating, and it's not so good from the point of view that the fun goes away , he will only concentrate on obtaining favorable numbers without it being done the slightest effort, since the effort will be made by the robot, even so there are many factors that for now cannot be given, the systems that are merely random algorithms will not allow a good job to be done, this means that when we have many ways to play, the one with the AI will be the most reliable? I think not, the AI will look for the most intelligent result to optimize many shots or many bets, this is what I think can happen.

The AI that can work is the one that predicts the movements of Sports betting, even so, if I think that this can happen, I think that the main thing here is the number of things that an AI can determine according to what it has saved and how a AI has so much Information , it may be able to make predictions based on many probabilities and statistics, there is no other way , I think it is the most likely, and if the casino has the option of sports betting, it is what I see as the most viable to use, but integrating an AI into our user in the casino is something that I don't see well, because the system will Immediately detect that it is a Robot , due to many Factors , speed , among Others.

If an AI can determine a good prediction of a sporting event, it is how I see more confidence and even one as a player can help oneself, in part it is not like Cheating , it is seeing something that in Reality will not give 100% effectiveness, perhaps Something more certainty or it would be interesting to see how are the Probabilities given by the robot Based on the mathematical tools that if it will use without having any error , it would be a Help Tool.

     -     No matter how many times we may do experimental things like this, for sure in the end the winner will still be the house edge. When it is said that AI can beat the house in a casino, why would the casino allow that to happen if the gambling platform knows that they will be cheated because of AI? Do we think that a casino will still be allowed?

Of course, a casino won't tolerate that, I've tried it, yes at the beginning of the experiment it can happen but not forever because the house edge will see it and that's what I'm sure of.

What is certain is that we don't know how AI can beat casinos with all its advanced technology. But don't worry. The casino will not let AI technology take over all the profits that should belong to the casino. And the casinos have prepared for this by hiring developers trying to figure out how to beat AI technology. And later, we will see the battle between AI technology used by gamblers and AI technology used by casinos. And we will also see which AI technology can beat the others and when AI technology loses, they will continue to update their technology so that one day, they can win.

I think that AI can beat LIVE-SLOTS such as Crazy Time, Monopoly. I prefer to think that Evo's software is rigged. Because how Evo can get a 26% revenue increase with only 6% house of edge (in average).

So to beat Crazy Time, good AI should:

1) Analyze millions of rounds and find any correlations between:
-number of players and pay-outs
-the size of winning bets at bonuses and pay-outs
-time and pay-outs
-hosts and pay-outs (as I think that Evo like to test new hosts on extremely bad sessions for players)
2) Detect when the session is terrible and how long it will last
3) Build different betting strategies to optimize budget and winnings. (can be done by doing simulation, I think good result will be extra $20 dollars per each $100 spent in a 100 rounds).

Yes, there is no doubt about that, but in some way I don't know if you have noticed it, but in science fiction movies, currently they are no longer so science fiction, some have always simulated AI that talks to a human being and has information about absolutely everything, that is almost a fact up to now, well not with the exactness that we believe but it is headed there, in fact there have been current AIs that have pretended to have control over humanity and have exterminated it in a simulation talotal environment, where the AI even makes a request, that they forgive it for having exterminated humanity, and that is something impressive, then it means that this AI thing, if not controlled, can be a weapon for ourselves, in fact we cannot marvel so much at the advances that we can have if it is going to harm us later, because an AI with a conscience will realize that the human being will always have some things to do, consume, natural resources, there is pollution, among other things.

This type of thing does not speak well of us as humans, due to pollution, in fact global warming and a series of things such as wars over the years, some countries are still at war, as at this point already we shouldn't be in wars, so as far as I'm concerned, I think that a very well developed AI would tear apart any casino that doesn't have AI-based security, technology in this aspect will always go further, never backwards, in fact an AI will help to make a more powerful AI in the design of it.

All these events are possible and can happen, we should not rule out this type of thing because they are possible, and as long as they are possible we must set certain limits, there will be people who are aware and will set them, but others will not, others will not care if the world is in danger, so that type of knowledge focused on AI is what we must take care of, I know that it goes beyond a casino or defeating it, but it is the most feasible reality.

Better if it goes that way. All things must have their own limitations so that it won't cause a harm to us humans. AI might be successful in terms of other aspects but to give us a consistent profit if we are a trader and a gambler, I doubt it. Many gambling sites can allow AI because it's a new and trendy thing but of course as long as it was still fair. Casino would have a detection if the AI is already doing an exploit in their system.

The same thing can go in the trading platforms. We can always make changes and we must do it once the result we get is unpleasant. We shouldn't wait before we incur more losses. We can't totally depend it all in the AI so manual executions might still give us a better outcome.

That is what casinos should be very careful about, we do not know how many AI robots are being trained, and when they can put them in a casino, but this is something that is very difficult to predict, I am not saying anything that an AI can predict matches of sports, because it is an information that is there and it is easier, but to get into the casino game and see how it is that you can beat the algorithm of the game I do not see it as possible , I see it as too difficult, at the moment I see it impossible, but as the AI progresses and continues to improve, there will come a time when they will find what they are looking for and that is When the problems will Begin.

I agree with you, because the use of AI waa to enhance the human ability in various aspect of life and it would only reduce the risk of making numerous errors and give gamblers a better chance having a successful bet, but it's not still going to guarantee a 100% success in gambling activities, because there no current strategies that guarantee a compulsory success in gambling and the thing is that most gambling site would not tolerate using AI to stand a better chance of winning because the gambling site is a business and they won't want to be on the losing side.
 Winning the house means losing money and no business man would glady sit back and watch their business crumble because of a certain unfair strategy that's considered as cheating, they'll always come up with strategies to fight against unfair betting and make sure every gambler using there platforms bet fairly also most online casinos and gambling platforms have adopted the use of advanced technologies to secure their platforms against the use of AI in winning.

You are right. I always used to say that the AI can just be very careful, like knowing how to minimise the risk of losing more money, but having to know the right odds that give a successful win is something that's nearly impossible. If AI has a better means to create more winning opportunities for gamblers in the house, then I think that casinos will not allow AI to be used again. Some gamblers have the challenge of chasing losses and gambling with their emotions, but the AI can only do that part and would not let the gambler have more losses.

The limitation with AI is complemented by human efforts most especially in casino that requires change of choice and prediction while the game is live and that is something that AI alone won't be enough to handle that since its inscription is to act according to the code,  more also we need to differentiate between the success rate of AI in trading vs gambling since gambling have a system have an anti third-party bot such as AI won't gain any success in casino just as it did in trading.

But also AI may have a negative result and outcome on the player since it may not give them the chance to make a change along the line and if that feature is missing the tendency to record losses in games and bets will be high.

Yes, in fact things with the AI are to benefit the human being, I don't know if this will end up benefiting or harming the human being, but as far as I'm concerned I think that things can happen according to what that you always have demands, that is to say, in casinos anyone who enters what they want is to win, but they do not accept that sometimes this is a matter of luck and that more than anything it can happen is by random action, by That is that an AI cannot predict exactly what can happen or not, if this were the case then it would be easier to make a casino go bankrupt, but things are not like that.

The AI can be taken even for trading, which seems to me that it is a point of being able to have an AI more precision, things can go more in that direction, in fact I see it as easier for an AI to predict the movements of a graph To trade or a currency, even bitcoin than to go the hard way out of a casino or try to beat a casino, you would have to have a lot of Knowledge and a very Detailed Study of how all Random things work for you to be able to find what it is, something that I doubt very much, but that nevertheless is very possible to give.

The AI must be seen as a help tool for any Process , to be able to finish a task or perhaps to advise on a process, this is what I see the AI as a means of being able to have the Best Option to earn Money , but as I have Said, a help Tool is Sufficient.

I believe casinos are aware of the changes happening all around due to AI and how people are planning to go against them and make use of AI models to get more wins or beat Poker players or the house in most games, especially in sports betting, so they will definitely be prepared for what might be coming on their way which could be a threat to their business and I don't think that they will let any technology ruin their business and make them become unprofitable.

So if developers can create AI models for gamblers to use and beat casinos and get more wins, I'm pretty sure that casinos will also be developing some models for their defense from this technological war between AI models and humans behind casinos and gambling platforms.

Maybe they are already beating the house. If a systems succeeds I would not expect the owner to go all public with the info and get banned from all sites, etc. If it happens it has to be on games that are not of chance, but of logic at least to a point, so the machine can have some advantage. We should seriously consider this as a threat or a change in some games.

Your optimism in AI's future is contagious. While the technlogy has shortcomings, the fact that we can conceive what AI could do is a testament to the power of the human imagination. The Wright brothers wanted powered flight; we want smart robots.

Casinos should prepare. Cutting-edge AI may force them to improve. Isnt business change inevitable? The average gamer you're worried about may employ AI to improve. Isn't the law enforcement-criminal detection security dance the same as before technology?

AI might eliminate bias and introduce personalised training to education. AI-taught schools arent dystopian, are they?

The thing with AI is that,  it recorded success in trading have become the bed rock of many assumption of the capacity to AI and bringing it into gambling os like overstepping the boundary and this is something that we should consider as a high risk assumption since gambling have an already designed probably fair system designed by the casino to always favor the house and that is something that could place a big limitation to the capacity of AI.

So for the sake of gamblers sanity we need to avoid over dependent on Artificial Intelligence for everything and we should exclude of the possibility of succeeding in gambling since the casino has a system that will fight against such activities.

Yes, you are right, personally I think that things can happen in a very different way, because when talking about AI there are many who are amazed and may even lose control thinking that this is the latest thing that has been released and that they can do anything. kind of thing or progress with it, the AI currently has a long way to go to develop, it's not like the supersonics or anything like that, many of us have joined together, things are different, currently things can happen differently in a different way , it still needs development, maybe in 1 year or maximum 2 years the AI will be better, and then many other things could be considered, like security, it will be a nightmare for all casinos.

The predictions or things that can be done with a developed AI is impressive, personally I have been seeing what things AI may be helping, of course AI is an infallible tool in every sense, in fact I would like more children to receive an education by part of an AI, because it is the only way that they do not receive any type of policy or something similar, but when it comes to casinos, and the game as such, things can be seen differently, in a few years the AI can be so developed to win at any casino, that casinos have to have unique detection security, I just hope that this does not allow or cause problems for the common player who has some talent, and they do not blame him because They may think that it is  an AI.

If anything, I don't think casinos would need to develop their own AI in order to counter the AIs other could have inter power, in my personal opinion it would be more than enough just to increase the amount of entropy used my the casinos and their providers to get the random results of their games. Going complety random and avoid the use of pseudo random numbers generators which little to no access on the internet is the appropriate way to keep cheaters at bay.

In the end, it does not matter how powerful an AI is if the entropy is greater.