Topic: Is AI going to affect gambling in any way ? (Read 1839 times)

Artificial intelligence is not going to have much effect on gambling compared to people's jobs that would be lost and not be available anymore. I just hope the government would step help and help people that would lost their jobs due to the dominance of AI that we shall soon be seeing. Gambling is always fun and we shall be seeing AI games soon on different casinos since we are already in the era so it's not going to take much time. I think when that time finally comes, people would be creating their own bot that will be used to play different games on casinos talking the presence of human beings on our absent.

Ai has impacted many online sectors so far but I think it's impact on the gambling sector might be different, people would get more reliant on Ai to give match predictions and may neglect doing research for themselves. Or it could help bring more peopel into gambling if Ai predictions become more perfect than human predictions and some folks might want to take advantage of that to make money.

I'm not sure AI can actually analyze and make good predictions for people. Remember that even as a bettor that gambles using your own brain to make analysis, some of the bets that you lose is not because you didn't make a wise decision, it's because the outcome is bigger than what you can control. Haven't you use a big game to bet against a small club and yet the minor team you never expect beat the major team, it happen and you can't help it but accept it that way.

Do you also know that emotions is what AI can't predict, players can fight in a field over argument and one may over react or go extra length and then bag a red card, this is what AI can't do. You don't know if anyone can go injury, it can happen anytime any moment as I said, some situations aren't something you can control, they are part of he game and no matter you try to avoid them, they must surely happen.

I've read a few replies here, but I can't justify reading the entire thread so I'm going to post my feelings, which may have been mentioned here, though I doubt it.  AI DOES NOT CURRENTLY EXIST.  What "AI" today is, is advanced programming.  It's a great advancement in computing technology no question, but it's NOT self learning/autonomous like legit AI will be.  However legit AI is now coined as "AGI".  AGI is legit AI that will change our world like we've never seen before (hopefully it will not be another extinction level event, but it's very plausible).  

What legit AI could very well look like (or one sizable aspect of it) ..if you haven't seen the movie "Her", watch it!  This is an excellent prediction of what I think, as well as many others, AI will look like when AGI has finally come to fruition.  Also just a fantastic movie.

So yes, it will change gambling and most things...it's going to be insane, I just hope I'm around to see it.

"A.I. Does not exist"- https://www.newyorker.com/science/annals-of-artificial-intelligence/there-is-no-ai

Gamblers are going to have a lot of trouble using AI against casinos, and this is because AI is not some kind of magical tool that can do whatever you want, AI is just a piece of code which depends on the data given, the expertise of the person using the algorithm and the power of the computer using it, and in all of those aspects the casinos have the advantage over the players, so I doubt many people will succeed in using this tool effectively against them.

I think of the customers/gamblers can use an AI to cheat on casino it might affect the casino's though, but on a second thought, the casino's can also make things to be more harder than how it is already. I am trying to say that as the gamblers are using an artificial intelligence to cheat on while gambling on an online casino, a time will surely come when every casino that has been affected by an AI will make there security and odds more harder for gamblers because no casino want to lose, they always want to win just like how an addicted gamblers are always after to win.

AI will surely affect gambling in the area of Analysis and predictions which already people are using AI, but the truth is I do not believe there would be any greater chance of profitability using AI, Gambling site would create an alternative system to avert such and can also make rules or protocols to detect use of it, of which AI cannot really tell because we have different gambling sites/casinos so I believe the data will be irregular unless gambling was a unified system like Trading then her application would have been a bit relevant.

AI can actually affect gambling in the aspect of manipulating the game because most people can set AI on their phone to use it and cheat the gamble process and I feel like AI can also help to hold the the security system of the gambling website not to be not to be manipulated by most people well I don't really know much or the effect of AI in gambling but I really know that there must be a reason and it will be fixed somewhere where I would definitely help so much and some questions concerning gambling AI who also as I just questions correctly but sometimes most of this thing doesn't work that way because it's my affect the gambling company in particular

Yes, Artificial intelligence has a global role in almost every part of the world but how much benefit a gambler can get from AI ? Maybe most of the gamblers aren't aware but there are vast majority of activities which can be automated by the AI alone and make life easy for the gambler.
This mainly includes:-

1-Data Analysis (for sports betting)
2-Predictive Analytics:
3-Real-Time and offline Insights
4-Optimization of Strategies
5-Better Personalized Experience

There may be many more reforms which can be done by Artificial intelligence and make the life of gamblers a lot easier as compared to now.
Its only a matter of gamblers understanding the tools and making use of the the AI to perfection.

your statement about AI sounds good tbh, imagine just telling an AI to place bets based on AI's own analysis about the curent matches of sport that we wanna bet and we get instant analysis from AI in real time and added with information from the latest news then we can easily think whether to place bets or not, if its just betting adjusment and so on, I think simple bot already do that anyway, what good about AI is its ability to self think, I mean it can do some analysis on its own so we can off load the works of skimming through so many news outlets just to find out whether arsenal is a good enough team to bet on (just an example)

i can imagine such thing to be happening, we are still early, AI still can't be judged of its capability yet since we haven't explored many AI anywy more over most of AI aren't really connected real time to the many medias that its just using pretrained data, there are many task need to be done before we can use full fledged capability of AI to helps us judge which team gonna win.
there are simply many things that can be done by AI thats why i favour it, as someone that just don't have the luxury of many free time at my hand, using AI just simply awesome.
also, the fact that I can summary about the news of sports turning entire article into just few lines of text just seem really appealing to me, its really great.

AI still in its early phase, there are still so few people or companies actually using AI for thing like making money through trading for example there are still too few data to be able to give upperhand in trading by utilizing AI meaning there are still no sure way of leveraging AI as advantage compared to the other people.
so it honestly only requires time for the data to be gathered first for an attempt of creating a tools that could helps in making money.
to be fair, it won't be as easy as depicted there are too many variable to make money, including luck and other thing, at best AI will help give guide to what decision best to be made that moment.

I agree i think that doing your own research is pretty useful for gambling using AI can be a problem for gamblers as the technology often fails to guide the gambler. In that case gamblers may be in trouble gambling requires one's own intelligence to manage the teams each team needs one's own to approach. What is currently being worked on is how to make machines have human like emotions. And when these characteristics are acquired they will actually be able to make their own decisions. Their dependence on people will also end and such a machine if misdirected can become even more terrifying than an emotionless intelligent human over whom humans have no control.

This means you are from 3rd world country but even I am from same level of country? here there are plenty of areas where AI is dominating specially in making effects and of course those structural designs that is now dominated by AI, but about gambling? not sure if this is already in areas though I believe that there are someone who are using such.

Unfortunately, when people can generate money from AI, they will becomes greedy and wanting for more money so they will try to used AI to find more opportunities to helps them makes more money. It's not good for them, especially if they becomes greedy because they will place a bets with rush and without carefully so they can make the wrong decision that can caused them lose their money.

Using AI needs more to be wise because AI is just a tool and we still the decision maker so we don't depends on AI to decides. Yes, we used AI to generating money but we must knows how to use AI properly so we can makes money from that. We must remember that when AI already becomes a new tools for gamblers, the casino will not lets that happens so gamblers must be careful.

It is important to know that all work systems that work online currently use AI with the aim of simplifying or helping human work to be more efficient.
Moreover, the development of AI over time has really increased enormously and this development is demonstrated by the use of AI in almost all gambling sites in certain features and sections.
Average use of AI that is often found is in customer service systems and managers use AI to be able to serve every complaint and also various questions asked by customers.
But this is only for the start in the hope of providing fast response in customer service because when there is really serious problem then the solution is transferred to the team directly.

It just that in gambling things like this are often considered annoying by some gamblers because they can't immediately get what they need when they encounter several problems that occur.

The thing is that AI is a tool, that's it.

You can use it to do more things, faster, and more efficiently.

You can explore different odds, games, bets, etc, and even check out other ways to make money.

If you have an open mind, you can use AI to generate money.

It's not the AI generating money, it's a human using AI.

I have gone through the topic and havent found any link that will lead to a proof that someone tried and tested AI for gambling. If AI would really help with making predictions, there would be examples of its usage, gambling community would have a hot discussions about it. Right now people seems to be either cautions to use it, or afraid to risk money and test. All I see that main argument is AI "might" make some affect, but nobody is sure about it. I would remind everyone once again - there is no magic "win" button, nor magic strategy to win always.

I do not think that we need to worry about it all that much, I just find that to be a simple "this is how it works now" situation and nothing more. I get that people may think that they are going to lose their jobs, but it would not be possible if you keep using the latest software.

This is the same logic as saying "computers took jobs", well yeah if you never learned how to use computers when they came out, you did lose your job, but that doesn't mean that there weren't any jobs. I personally believe that if you could end up with a good education on AI then you are going to keep your job, not only that but you will even get a raise because it is going to allow you to make as much money as you possibly could in the end.

That's still problematic, as it changes too rapidly. In the past, anyone could get a job. And some of our parents still think that you can just walk somewhere and get a job in there, while in reality there's a huge line of other applicants and CV needed for basic jobs requires both experience and some level of education. New work requires new skills that can't just be learned while doing the job.

Especially most of those jobs that you were talking about that didn't exist few decades ago, won't exist soon, and this transition will be faster then anything in the past. There will be ton of layoffs in anything online and computer related work, and online gambling won't be exception in this. There are bots in help desks already, but those are still mostly ineffective simple programs. But when companies realise that good AIs are cheaper, faster and more realiable then training new workers. Number of real humans working in them will be reduced radically.

And sure, there will be some new work for people left that's hard to predict what it is, but those jobs won't most likely be as secure and probably they will be more of entrepreneur type jobs, like being an influencer then, actual "factory jobs" with a schedule and steady paycheck.

Obviously computers aren't taking our hobbies, like gambling, because that's what we do for fun. And i might sound pessimistic, but anything else will probably be done by them. Even though respect  for human craftmanship rises, most of those jobs are going to be menial.

In response to the part of your comment that I bolded, you know this, but still; in the first part part of your comment, you asked the other user how he thinks that Ai can be used to carry out gambling tasks in the future?

Well, one thing I have to say here is that, Ai are just emerging, they are at the very beginning of their development, and like at the very beginning of bitcoin, many out of those who knew about bitcoin then never knew or believed that Bitcoin will grow to become what it is today, I personally believe that the same will or may likely happen with Ai, Ai will innovate will sector in the internet, if Ai can be used to carry out trades, be rest assured that Ai too will be used to carry out gambling, a time is coming when you won't have to even touch you phone or device, you can gamble, place bets, and navigate a casino site and or your account by just simply saying the things you want an Ai to do for you 🤣, it's coming.