Topic: How succesful will AI projects be to win the house? - page 6. (Read 3173 times)

We really won't be able or difficult to win from the casino. We can only take a small amount of winnings from the casino, but the casino will take the most from the losing gambler. And perhaps we cannot imagine how many gamblers have lost so that the casinos can get big profits.

AI really can't predict the future. Perhaps AI can only provide a limit on what percentage we can get through the information obtained by the AI. And we know these predictions may be inaccurate because AI technology is still limited in gathering more accurate data.

"AI can be useful in analyzing data and developing winning strategies. But if casinos developed their own artificial intelligence that could outsmart their algorithms, it would really be useful for players. However, casinos are not stupid, they will not work against their own interests. If a casino provided their AI to players, it would be used immediately and the casino would be robbed."

         -   I agree with what you're saying, it's different from the person who plays gambling in a casino who has emotions while the AI has no emotions. And if it is true that the AI will beat the house in the casino, it will come out because the AI is not human, the AI will cheat like that.

And if that is also true, then no natural gamblers will play on a casino gambling platform here in the crypto industry. But to be honest, for me, that's just a bot, that's just released AI.

No matter how big AI grows it will never be able to give us the upper hand in winning consistently in the casino and this for an obvious reason which is the house edge.The house edge is put in place to guarantee the casino profit in the long run no matter how big someone can win or if there are lots of people who happen to hit it big at a certain time in the long run profit is guaranteed to the casino house.Now if some people will use AI to predict soccer outcomes I already tried that and it does not work now,it will not work further into the future for the simple reason that even AI cannot predict the future.

Casinos must have something in place to prevent gamblers using artificial intelligence from winning time and time again. The gambler may win but will not be able to win continuously. We must remember that casinos are a business, so the casino business owners will not let that happen. Casino business owners will protect their casinos, and they may also hire highly skilled developers to work on protecting their businesses. And even though AI can develop better than now, it still can't stop the casino, especially if the casino is big.

You are right, and the comment you are replying to is also right, this is exactly the same thing ive emphasize on this topic of discussion several time, first of all, it is really an insult to humanity and its creator(The almighty God), to compare Ai to humans, I have always said that no matter how sofiscated Ai get in the future, one thing we must never forget is that, they are made so by a human, and by that, it means humans will always be superior.

And when it comes to gambling, Ai indeed can be much more faster in betting out games simply because they have been programmed to do so, they do not analyze or try to consider some factors, which ordinarily, is something humans will want to take time to analyze before placing a bet, Ai's will be faster, but humans will still win more games than Ai in the long run.

Marketing is a very important tools in gain traffic and having frequent customers coming to a casino. Whether the marketing is using social media to promote it's business or using other methods like referral, it is very important for companies and projects to promote there business to earn more customers that will be patronizing there product on a daily basis. AI is becoming very reliable and an alternative to the use of man power and in few years coming, things might have become advance and artificial intelligence will dominate the entire market.

Perhaps this is more about collaboration between human intelligence and AI capabilities can lead to maximal returns as they would synergise the best of each world. People adapt, learn, etc,..., so we can be successful in challenges under varying circumstances an in complex environments, that is really part of our evolution as animals an humans.

As for me, I want to believe personally that the use of artificial intelligence system in gambling under a particular casino will not be hundred percent effective andbthe out will not always be what the gamblers could expect, these AI were also programmed and has limit to the way they function and the extent they go far reach, if it had been that profitable then almost all the gamblers would have chose to make use of an artificial intelligence system to gamble and they won't have a cause to loose their games anymore, AI is more applicable is some areas of gambling and not best applied to making bet predictions.

Artificial Intelligence was created  as an aid to enhance the human ability and it would be very unfair if it's allowed to be used in casinos, not only that but also those casinos could go bankrupt because alot of people would see it as an opportunity you recover their losses, so I believe those casinos are aware of the ChatGTP and that some people would developed different means of cheating with it, so they'll also come up with various ways to kick against it and provide an environment where people bet fairly.
 I don't think it's would be very easy to win the house, but if it becomes successful in the future then that's the end of the road for any casino that falls victim to that, because it's not only bankruptcy they'll suffer but it would also ruin the business. Which is more reason why I see it as a very difficult task because no one would love to see their business get ruined, the casino is not a donation centre so they'll always come up with an idea to get the upper hands against their customers, sometimes when they notice a particular strategies seems like a treat to their business they'll come with a review in their policy and remove such odds that makes your strategies a 100% guaranteed winning.
 If you've noticed you'll see most casino always release odds that makes it a bit difficult to win thereby making most people win out of luck, also take note that no matter what strategies you come up with the casino would always stand a better chance of winning thereby making you to bet more and enriching themselves.

AI is incredibly smart. Humans can still win. Remember that the AI follows a pre-defined approach. It can recognise patterns, but it doesn't have a winning formula. Keep practising and studying, and you'll crack the code. In casinos? AI can model probability, but dice rolls and roulette spins are always random. The house wins regardless of AI. AI is impressive and growing. Let's not forget its creators. Those magicians turn code into intelligence. Kudos to them!

Why do you praise an artificial intelligence like Al so much?
Have you proven using Al's ability to be able to predict results and win bets?

I admit that Al can give us quite a lot of information we need, but if only with that information we cannot immediately make predictions for bets because predicting the results when the match has started is far different from just theory.
If predicting using only information or theory, I have also tried it without the need to use AI and it didn't work, but when I bet with predictions made when I have seen some of the time the match took place, it can actually produce predictions that are 80% perfect for winning.
From here I suggest not to praise artificial intelligence too much.

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I have had the opportunity to play chess on a very famous page, but there are some players who have been playing with an AI for a long time, the truth is that it seemed strange to me, because I did not win again, and that frustrated me, but of course competing against a AI is something that is not fair to us as humans, nor do I think it is to anyone, no matter how good it is in sports, because it is like playing dirty, we must play with our abilities and increase them, I do not deny that I have also come across with human persons and the practice of the game is something else, but if you are already at it, in casinos it is a fact that will happen.

I'm sure many players will test the AI they develop during training to see if it works in casinos, but it's very difficult to develop something truly effective while continuing to refine it.

I have been watching some videos regarding the AI and it is incredible, but apparently the AI experts do not Stop working and developing, when you have done some of the AI training you can sense that they can do great things , Of course , I don't know how prepared they are when it comes to gambling , but that is something that can go a Long Way.

Which would be 100% against the Terms of Service, I am sure.
In my eyes, it would make more sense to use AI to help one's predictions on sport betting rather than trying to go all in with it into purely luck based games, like slots or dices. At most, the AI would only help to analyze your loss/win ratio and things which are already possible and easy to do by ourselves. Stake has it natively integrated, by the way.

At least, in sport betting, there is more data to analyze, statistics for each player and even news on their personal life, which could affect their performance. And AI could take all of it and give back a prediction useful for us.

Tho, I doubt just program would be free or easily available for anyone. 

The ChatGPT is just an example i think. There is no big problem to create another AI with another algorithm. I told before that tried to bet using the AI recommendations and increased winrate. But there are different kinds of gambling and we can use AI only in part of them. Sport bets are easy enough for AI, some games like poker can use AI. But casino games with randomizer will be always unpredictable.

First of all, ChatGPT is a language model and it isn't a gambling model, so even if there is something like that to happen, there will be the need for another model to be developed that will only be trained based on gambling data and records of the past so that it can act accordingly, I personally don't think that there is going to be anything like that because no one would deliberately make something that can ruin a whole industry.

Also, even if someone does create a model that can be used for gambling and can maximize one's chances of winning, casinos won't sit silent and just accept that being their faith, they will surely act upon it and they will also take preventive actions to stop this from happening immediately.

And not only that because, if we talk about fiction, casinos themselves would be able to use AI to nullify any advantage players could have because of the new technology (or are the players the only ones that have access to AI?).

In fact, as most players won't be as specialized as casinos, whose business model is thoroughly designed, we could discuss about how non-AI gamblers could win in such a competitive scenario.

That scenario where an Artificial intelligence is able to predict or have access to patterns associated with the programming or coding of a slot machine is exactly what makers of slots try to avoid by the inclusion of entropy and random number generators, not pseudo-random but actual random ones.

The intention is to create a barrier which neither human beings and machines can go through and cheat the system of the casino, which is supposed to be probably fair, by the way.

If we started to say that machines could be able to break systems which work with random number generators then our very own software wallets and hardware wallets would not be safe from them. It sounds indeed like fiction.

I am not a big fan of ChatGPT and I don't think they can win easily the house,I used to believe that and still do but lately some intriguing thought has come to my mind,what if ChatGPT can read the programming pattern of a slot machine and to ask him what to do and when to raise the bet in real time,I know this is more fiction than reality although I believe that with enough development of this technology somewhat we can have the upper edge when playing gambling.I know they cannot predict the future in sport betting and this technology will be worthless there but I still believe something can be done out of it against slot machines.