How succesful will AI projects be to win the house? - page 9.

mak013

hero member

Activity: 2492

Merit: 761

Quote from: Outhue on June 03, 2023, 04:23:58 AM

AI are smarter than humans, that's big advantage for AI in gambling than we humans, we have emotions and feelings, AI have none, so it's easier to say that AI can easily make the right calls and this will increase the chance of winning in gambling, it's possible.

But I still have my doubt, AI makes those calling base of calculations and data (history) but this isn't the way with many online casino games, data is a no, calculation is available on very limited numbers of games, the majority of online casino games are pure game of luck, I still wonder how AI will perform here, unless it has a way to get into the casino games data and make predictions on data.

I can`t say that AI is smarter but you`re right about emotions. The AI just analyze information and after it make a prediction. Without any emotions. So the prediction depends on information we give and algorithm we program. And i think that these predictions can`t make 100% win rate but they can increase it. The main problem is to find full information for prediction and of course in sports there are situations when the game is unpredictable.

serjent05

legendary

Activity: 2884

Merit: 1258

Up to 300% + 200 FS deposit bonuses

Quote from: danadc on June 04, 2023, 06:17:43 PM

Quote from: AmoreJaz on June 04, 2023, 05:24:10 PM

Quote from: Helena Yu on June 04, 2023, 10:44:07 AM

I don't think AI can beat the house, it's just a program and AFAIK casinos don't allow their gamblers to use such robots or bots, so AI is fall in this category. If you're really on AI to beat the house and you can make an easy money, you're wrong because gambling is full of luck. If the result isn't like your expectation, you will be angry and you're want to recover your losses, in the end you will lose all of your money.

and do remember that before anyone can deploy the use of AI to these casinos, casinos for sure already did their due diligence on how to counter this tech. do we really think that casinos would just let AI ruin their business? i don't think so. so definitely, they are also on the look out on how the AI tech is progressing these days. and how they can stop from anyone in trying this to their site? do take note that if the account is having suspicious activities, they always flag it down, what more if the AI is doing the job for them, so for sure, the site will place their security measures on this regard.

But the time will come where nothing can be done anymore because the AI will dominate these games and yes, it will be able to beat the house, we have to see how the casinos will act when this happens, when there are many players where they play and win, withdraw large amounts is where the casinos will manifest the alert, that is something that could happen and I don't know what will happen to those who want that robot, but the casinos should already have that in mind and the security systems are highly activated for that, the casino owners They must already be on that topic ahead of time and not be taken by surprise.

I still can't see why AI will dominate a luck-based game. I do not think AI will have the ability to correctly know the result of a chance-based game. I believe that the gambling result of a chance-based game is too random for the AI to calculate and predict the result correctly.

I think AI can dominate in skill-based game since it only needs data, where AI excel, to know the better possibility of the result. Since sports betting rely on performance, AI can easily determine which team will perform better. So it is more likely that AI can predict the result more accurately in a skill-based game.

danadc

sr. member

Activity: 1022

Merit: 341

Quote from: AmoreJaz on June 04, 2023, 05:24:10 PM

Quote from: Helena Yu on June 04, 2023, 10:44:07 AM

I don't think AI can beat the house, it's just a program and AFAIK casinos don't allow their gamblers to use such robots or bots, so AI is fall in this category. If you're really on AI to beat the house and you can make an easy money, you're wrong because gambling is full of luck. If the result isn't like your expectation, you will be angry and you're want to recover your losses, in the end you will lose all of your money.

and do remember that before anyone can deploy the use of AI to these casinos, casinos for sure already did their due diligence on how to counter this tech. do we really think that casinos would just let AI ruin their business? i don't think so. so definitely, they are also on the look out on how the AI tech is progressing these days. and how they can stop from anyone in trying this to their site? do take note that if the account is having suspicious activities, they always flag it down, what more if the AI is doing the job for them, so for sure, the site will place their security measures on this regard.

But the time will come where nothing can be done anymore because the AI will dominate these games and yes, it will be able to beat the house, we have to see how the casinos will act when this happens, when there are many players where they play and win, withdraw large amounts is where the casinos will manifest the alert, that is something that could happen and I don't know what will happen to those who want that robot, but the casinos should already have that in mind and the security systems are highly activated for that, the casino owners They must already be on that topic ahead of time and not be taken by surprise.

AmoreJaz

legendary

Activity: 3122

Merit: 1102

Leading Crypto Sports Betting & Casino Platform

Quote from: Helena Yu on June 04, 2023, 10:44:07 AM

I don't think AI can beat the house, it's just a program and AFAIK casinos don't allow their gamblers to use such robots or bots, so AI is fall in this category. If you're really on AI to beat the house and you can make an easy money, you're wrong because gambling is full of luck. If the result isn't like your expectation, you will be angry and you're want to recover your losses, in the end you will lose all of your money.

and do remember that before anyone can deploy the use of AI to these casinos, casinos for sure already did their due diligence on how to counter this tech. do we really think that casinos would just let AI ruin their business? i don't think so. so definitely, they are also on the look out on how the AI tech is progressing these days. and how they can stop from anyone in trying this to their site? do take note that if the account is having suspicious activities, they always flag it down, what more if the AI is doing the job for them, so for sure, the site will place their security measures on this regard.

Helena Yu

hero member

Activity: 602

Merit: 595

I don't think AI can beat the house, it's just a program and AFAIK casinos don't allow their gamblers to use such robots or bots, so AI is fall in this category. If you're really on AI to beat the house and you can make an easy money, you're wrong because gambling is full of luck. If the result isn't like your expectation, you will be angry and you're want to recover your losses, in the end you will lose all of your money.

tusandii

hero member

Activity: 1540

Merit: 521

Leading Crypto Sports Betting & Casino Platform

Quote from: serjent05 on June 03, 2023, 07:06:28 PM

Quote from: Agbe on June 03, 2023, 03:04:10 PM

I don't think AI can work well the prediction of games. Someone said here some time ago that he has used AI to predict and he loss the games. Bot can not predict game accurately because the IQ with human are not the same. AI can oy make a random prediction and yet fail all. One thing people don't understand about this AI is that AI is meant for text and image which has been already program and not live action. If you give life action to AI to give you the right answer, it will be a very big problem. Why human being predicts correctly because they see the actions going on nd know what is happening. So the future of casinos is not lied on AI.

I also think the same, even chatbot states that they are not capable of predicting gambling outcomes, they can only suggest the probability but it does not mean that it can beat the games. I also try AI while playing a demo poker game, it only gives suggestions and I tried to not follow it from time to time and it gives a different outcome. Sometimes not following the AI suggestion gives a winnings and sometimes following AI suggestion ends up in a loss. I think the random result in gambling makes AI ineffective in figuring the outcome of the game.

It has now been proven that indeed Al is unable to win the bet or beat the house edge.
I laugh with those who overestimate Al as the intelligence to win the gamble.
Maybe Al is indeed smart because he can provide a lot of information that we need, but Al is not designed to win gambling so now we have an understanding that not all intelligent technology can be used in all things, including gambling.
Learning to be able to gamble is more important and useful than relying on an artificial intelligence technology.

jostorres

hero member

Activity: 2534

Merit: 586

Quote from: Outhue on June 03, 2023, 04:23:58 AM

AI are smarter than humans, that's big advantage for AI in gambling than we humans, we have emotions and feelings, AI have none, so it's easier to say that AI can easily make the right calls and this will increase the chance of winning in gambling, it's possible.

But I still have my doubt, AI makes those calling base of calculations and data (history) but this isn't the way with many online casino games, data is a no, calculation is available on very limited numbers of games, the majority of online casino games are pure game of luck, I still wonder how AI will perform here, unless it has a way to get into the casino games data and make predictions on data.

Well, if there is an AI developed specifically for the purpose of gambling and betting if we use it for games where there are no calculations or predictions or anything required, it wouldn't really do much or won't even have anything to do except for setting the bet amount and choosing an outcome and wait for the results because the outcome will totally be dependent on luck.

And if it's used for a game that might require calculations, some intellect, and even mind-reading, it might be able to perform some of these things but I don't think that it can be as good as a human when it comes to gambling.

serjent05

legendary

Activity: 2884

Merit: 1258

Up to 300% + 200 FS deposit bonuses

Quote from: Agbe on June 03, 2023, 03:04:10 PM

I don't think AI can work well the prediction of games. Someone said here some time ago that he has used AI to predict and he loss the games. Bot can not predict game accurately because the IQ with human are not the same. AI can oy make a random prediction and yet fail all. One thing people don't understand about this AI is that AI is meant for text and image which has been already program and not live action. If you give life action to AI to give you the right answer, it will be a very big problem. Why human being predicts correctly because they see the actions going on nd know what is happening. So the future of casinos is not lied on AI.

I also think the same, even chatbot states that they are not capable of predicting gambling outcomes, they can only suggest the probability but it does not mean that it can beat the games. I also try AI while playing a demo poker game, it only gives suggestions and I tried to not follow it from time to time and it gives a different outcome. Sometimes not following the AI suggestion gives a winnings and sometimes following AI suggestion ends up in a loss. I think the random result in gambling makes AI ineffective in figuring the outcome of the game.

Agbe

legendary

Activity: 1022

Merit: 1341

I don't think AI can work well the prediction of games. Someone said here some time ago that he has used AI to predict and he loss the games. Bot can not predict game accurately because the IQ with human are not the same. AI can oy make a random prediction and yet fail all. One thing people don't understand about this AI is that AI is meant for text and image which has been already program and not live action. If you give life action to AI to give you the right answer, it will be a very big problem. Why human being predicts correctly because they see the actions going on nd know what is happening. So the future of casinos is not lied on AI.

ScamViruS

hero member

Activity: 1806

Merit: 720

Top Crypto Casino

Quote from: Desmong on April 24, 2023, 06:38:32 PM

People had been using AI to scam people and we just need to be very careful and know what we are doing. There different between AI and human predictions in gambling is because of the computer ability to accumulate data that will be use in decision making to make work easier. Artificial intelligence will make work easier but with it own detriments.

If there is something trending in the market then many people misuse it in many ways to cheat people. AI is now something like that. Gambling the way people want to play and get the thrill of it, that thrill cannot be obtained by predicting it using AI. AI can make a prediction just by analyzing the data but there is no guarantee that it will be successful. Some groups have been scamming people in various ways since before the advent of AI, and they are now using AI to carry out their operations. So if there is any trending product in the market, some people are interested in misusing it rather than using it in a good way.

Wiwo

hero member

Activity: 1022

Merit: 667

Top Crypto Casino

Quote from: qwertyup23 on June 03, 2023, 02:46:13 PM

Quote from: Kakmakr on March 12, 2023, 06:13:28 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....
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?

You have to understand that the extent of AI in helping on decision making on gambling companies go with providing data with regard to past games and history. At the end of the day, AI is only there to help and support us to provide tools in order to collate data efficiently.

Accordingly, if you want to integrate AI into your gambling decisions, use it as a supplementary tool in helping you research and gather data for better results. You still may want to consider your own decision and use AI as a means of secondary assistance. The ultimate choice must still come from you as the person deciding against the odds.

The extent to which AI will impact the gaming industry is not far from what qwertyup23 said that it helps the team gather data and analyse past history to predict what the inserted word will be, but in regards to AI's effect on the game outcome, in favour of the players, it becomes impossible to say AI could help players beating the house which could be seen as cheating if it is caught using Artificial bot to play against the house even though there is a high chance of AI making wrong gaming decision that could affect the outcome and making it users lose.

qwertyup23

hero member

Activity: 2212

Merit: 786

Quote from: Kakmakr on March 12, 2023, 06:13:28 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....
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?

You have to understand that the extent of AI in helping on decision making on gambling companies go with providing data with regard to past games and history. At the end of the day, AI is only there to help and support us to provide tools in order to collate data efficiently.

Accordingly, if you want to integrate AI to your gambling decisions, use it as a supplementary tool in helping you research and gather data for better results. You still may want to consider your own decision and use AI as a means of secondary assistance. The ultimate choice must still come from you as the person deciding for the odds.

dezoel

legendary

Activity: 2044

Merit: 1075

Leading Crypto Sports Betting & Casino Platform

Quote from: Outhue on June 03, 2023, 04:23:58 AM

AI are smarter than humans, that's big advantage for AI in gambling than we humans, we have emotions and feelings, AI have none, so it's easier to say that AI can easily make the right calls and this will increase the chance of winning in gambling, it's possible.

But I still have my doubt, AI makes those calling base of calculations and data (history) but this isn't the way with many online casino games, data is a no, calculation is available on very limited numbers of games, the majority of online casino games are pure game of luck, I still wonder how AI will perform here, unless it has a way to get into the casino games data and make predictions on data.

No they are not. They are only created by the humans so therefore humans are still the ones who are smarter than them but no matter how smart the human is, this is still not enough to beat the gambling house. Many have tried and yet they all fail. How much more the AI. Do you think they can do something? No, I don't really think so but they can only get lucky just like we humans do and win the bet.

It might give a false impression to someone else that they are working. Worse is they can bet big amounts above their capacity and then lose the bet this time. I just hope it won't lead to that. That is one of the disasters that an AI can cause to a human.

ethereumhunter

hero member

Activity: 2912

Merit: 541

Leading Crypto Sports Betting & Casino Platform

Quote from: Outhue on June 03, 2023, 04:23:58 AM

AI are smarter than humans, that's big advantage for AI in gambling than we humans, we have emotions and feelings, AI have none, so it's easier to say that AI can easily make the right calls and this will increase the chance of winning in gambling, it's possible.

But I still have my doubt, AI makes those calling base of calculations and data (history) but this isn't the way with many online casino games, data is a no, calculation is available on very limited numbers of games, the majority of online casino games are pure game of luck, I still wonder how AI will perform here, unless it has a way to get into the casino games data and make predictions on data.

And AI can play gambling without emotion which can also avoid the problem of gambling addiction that humans often experience. But with control from us, we still have to have good self-control so we don't get addicted to using AI. But maybe once we've set commands for the AI, we can leave the AI to do other things.

Well, maybe the AI makes the call based on the data and calculations it has collected but still, we have to process the data to put it to good use. But I'm curious if AI is used for online casino-based games because it usually depends on luck. Maybe someone can use AI in sports betting because AI can quickly collect data from previous matches.

Outhue

sr. member

Activity: 686

Merit: 403

AI are smarter than humans, that's big advantage for AI in gambling than we humans, we have emotions and feelings, AI have none, so it's easier to say that AI can easily make the right calls and this will increase the chance of winning in gambling, it's possible.

But I still have my doubt, AI makes those calling base of calculations and data (history) but this isn't the way with many online casino games, data is a no, calculation is available on very limited numbers of games, the majority of online casino games are pure game of luck, I still wonder how AI will perform here, unless it has a way to get into the casino games data and make predictions on data.

LUCKMCFLY

legendary

Activity: 2548

Merit: 1873

Leading Crypto Sports Betting & Casino Platform

Quote from: Casdinyard on May 14, 2023, 01:06:02 PM

For some games that involve an algorithm of some sorts like BlackJack or Poker, this could mean death, cause if word goes out that these foolproof games back then could be cracked by AI and exploited for hidden strategies and hints, it would mean that basically everyone will want to take a bite out of the pie and the chaos that may ensue will force casinos to close operations on games like it. For games of chances like roulette and dice, I'd say they still will persist cause no amount of cracking down or observation will work on a game like roulette that is basically following the laws of physics. So unless we get a quantum computer that could crack that with pinpoint-accuracy, these games will persist and AI will not as you put it, "win the house".

I think the same, both a quantum computer and a good AI specialized in predictions and games of chance is the only way I see to be able to beat a bookmaker, but there is still a long way to go for that, the first one has not even been released quantum computer and there is no advance in an AI specialized in prediction, even so a quantum PC is not the solution because it is or would be called a 1st generation of quantum computers, they would need improvements (like AI) for that reason I would think that there could be a better way to have control over this technology and that the results are truly good.

Casdinyard

hero member

Activity: 2156

Merit: 891

Leading Crypto Sports Betting and Casino Platform

For some games that involve an algorithm of some sorts like BlackJack or Poker, this could mean death, cause if word goes out that these foolproof games back then could be cracked by AI and exploited for hidden strategies and hints, it would mean that basically everyone will want to take a bite out of the pie and the chaos that may ensue will force casinos to close operations on games like it. For games of chances like roulette and dice, I'd say they still will persist cause no amount of cracking down or observation will work on a game like roulette that is basically following the laws of physics. So unless we get a quantum computer that could crack that with pinpoint-accuracy, these games will persist and AI will not as you put it, "win the house".

LUCKMCFLY

legendary

Activity: 2548

Merit: 1873

Leading Crypto Sports Betting & Casino Platform

Quote from: tusandii on April 26, 2023, 11:13:15 AM

Quote from: Webetcoins on April 25, 2023, 03:26:21 PM

For gambling games, it of course doesn't work at all since as you said, every outcome is a randomly generated selection and there is possibly no way to train the AI model to master that and be able to beat the house.

However, gamblers try to train Al as sophisticated as possible, they will never be able to beat the house because the house has more intelligence so that every action taken by the gambler at home will be able to anticipate it so they don't experience a loss.
I am surprised by some people who worship or exaggerate artificial intelligence like AI for them to use it in all kinds of activities to make it easier, maybe to make it easier to do research or make predictions it can happen but when it is expected to be able to beat the house it is impossible option.
I believe Al is able to provide what its users want but not in all things because there is something better than Al system.

Well, that is a big unknown for me, because I would like to know if an AI can really beat the house over time, and that is something I don't know if it is good or bad, because the casinos will have their own AI defenses and they will be able to tdetect if it is, but of course it is very difficult for them to detect what is human behavior and what is not, I think that at that level it is very far from reaching, that is why casinos have a lot of commitment to their security and the way they have to Being able to detect suspicious activities, maybe when a player wins a lot they will have him as an object of study, is what I could think of.

decodx

hero member

Activity: 1456

Merit: 940

🇺🇦 Glory to Ukraine!

Quote from: EarnOnVictor on May 12, 2023, 10:11:46 AM

I still do not know why people are wasting their time in making an AI to predict game events for them, it's a pure waste of time as it will not work now or later. Everyone should think rightly, the AI is not spiritual, and neither is it a soothsayer, it can only work based on what is coded in it and the information it can gather.

It's a common misconception that an AI cannot predict the outcome of sports events with accuracy. In fact, there are several companies and organizations that use AI algorithms to analyze data and make predictions on various sporting events. For example, the sports data company Stats Perform uses AI to analyze data on various sports such as soccer, basketball, and American football, and has been shown to have a high level of accuracy in predicting outcomes. Additionally, Google's DeepMind has developed an AI that can predict the likelihood of a player scoring in a soccer game with 48 hours of training data. These examples show that AI has the potential to be an effective tool for predicting sports outcomes.

Quote from: EarnOnVictor on May 12, 2023, 10:11:46 AM

With these, can it do more than human beings? Of course not. Human beings can even predict better than it since they can manually study the situation and be able to reach a good conclusion. This is unlike AI which is susceptible to mistakes, and it can't hack future events for anyone, it's impossible.

Of course, AI predictions are not perfect. The algorithms used are only as good as the data they are given. sports events can be very unpredictable, with factors like injuries and unexpected performances from players or teams that can impact the outcome. So, while AI can be helpful in providing information and guiding decisions, it should not be solely relied upon when it comes to sports betting or making predictions.

EarnOnVictor

hero member

Activity: 798

Merit: 635

Leading Crypto Sports Betting & Casino Platform

Quote from: Webetcoins on April 25, 2023, 03:26:21 PM

Quote from: CryptoHeadlineNews on April 23, 2023, 06:12:42 AM

Quote from: ethereumhunter on April 23, 2023, 03:18:12 AM

But if AI has become more sophisticated than it is today and managed to beat the casino for some time, the casino will not allow it to win again. The casino will do something to prevent players from being able to win using AI. And it's natural for casinos to do that so their gambling business can keep running and the casinos can still make a profit.

I don't think that can any day be possible that an A.I will win the house, because what A.I does is to work on already existing data, and gambling casinos has none, since every win is a random selection. But the only area A.I can equally have an edge is in "Sportbetting" whereby all data about a team's performance are stored online, and as such can be accessible by the A.I for analysis and then come up with a possible outcome that can be a 50% possible chance.

Someone would wonder, what is the use of utilizing an AI model to do the analysis of the match if the possible outcome gives only a 50% chance? That's why AI is not yet capable enough to do that, maybe in the future when there is data fed to it specifically for this purpose and it is trained to do this better, then maybe it can be used for predictions for sports events.

For gambling games, it of course doesn't work at all since as you said, every outcome is a randomly generated selection and there is possibly no way to train the AI model to master that and be able to beat the house.

I still do not know why people are wasting their time in making an AI to predict game events for them, it's a pure waste of time as it will not work now or later. Everyone should think rightly, the AI is not spiritual, and neither is it a soothsayer, it can only work based on what is coded in it and the information it can gather.

With these, can it do more than human beings? Of course not. Human beings can even predict better than it since they can manually study the situation and be able to reach a good conclusion. This is unlike AI which is susceptible to mistakes, and it can't hack future events for anyone, it's impossible.

Topic: How succesful will AI projects be to win the house? - page 9. (Read 3140 times)