Topic: Is AI going to affect gambling in any way ? - page 2. (Read 1830 times)

What makes you think that AI will be used to carry out gambling tasks in the future? I mean, we know that AI can be used by casinos for several purposes such as tightening security, finding bugs and errors in the systems and games, acting as a customer service representative and solving customer issues, and a lot more, however, for a gambler, I don't see how AI can be used for gambling purposes, especially if someone is playing gambling games where the results are randomly generated.

A gambler might only be able to automate their gambling processes using an AI which would adjust the bets, make the bets, or may even stop gambling if a certain target is bet when it manages to win or stop when a significant amount of the bankroll is lost.

Online gambling is also an online activity, and Ai as I believe we all know is going to have an effect and affect all online activities in some way, could be highly positive for some sectors, and could be highly negative for some sectors, but coming and talking about online gambling, I would say for sure, that Ai will surly affect online gambling, more in a positive way than negative, in fact, I have actually checked, and I am yet to find any way that Ai gambing negatively affect online gambling, if there actually was, I believe that by now, many of the online gambing casinos will be working hard on introducing a measure that will ensure that the Ai takeover won't take them out of business.

But majorly, Ai is here not to destroy things, or destroy businesses that runs online, but rather they are here to bring much more value, make things easier, run tasked easily that ordinarily, humans can't or may take alot of efforts, with Ai presence in online gambing, I see how beneficial it could be for casino since Ai can help come up with more game ideas and mechanics, make running and maintaining the casino more easier and cost lesser, this are just one out of many benefits.

So, yeah. Ai is definitely going to affect online gambling, but in a more positive way rather than negative.

It's part of the advancement of human beings.

Before we didn't have mechanical things and we did everything manually, which meant more jobs for the people but less pay due to the manpower that is available.
Now, AI is happening and it is true that many people will lose their jobs but let's also face the reality that it is part of the improvement of everything. If it means lesser problems for the gambling site and lesser maintenance then they are saving a lot of money that could be used for something else. Advertising is one and it means they need people to spread the word.
When it comes to predicting results though, I don't think many players/gamblers do trust what the AI will tell. It could just give us the available details but still, it cannot foretell what will happen in the future. We could say their predictions are still 50/50 or maybe less.

Technology keeps advancing and new jobs are created meanwhile other jobs are destroyed.

The whole software industry didn't exist a few decades ago for example, and now heaps of new businesses and jobs can be done through the internet.

There will always be other ways of being useful to other humans. That's a job basically.

same here mate, AI has not been fully used yet, there are trial usages that appear just like when there's an AI reporters were trending, the quality is not that good and another thing is that people are also the ones who manipulate the AI's so maybe they have not been fully adapted yet even if we say that we are in modern technology now, and if such an AI technology happens that almost everyone will work for the country, what about the people who may lose their jobs?

In the country where I reside, the use of AI is as blunt as though there is nothing like AI yet, people are still relying on their self for every action they take. AI is being used in some cases here but it have not dominated any system and I am not yet aware if AI have completely dominated any system in other country, if such thing will happen, it's probably in the future. What am aware is that so many people are using AI to perform trading, some are using it to do assignments in school, some are using it to create images but I don't know how AI can fit well in the gambling system.

The existence of Artificial intelligence have also reduced the work of human and have dominated the system. Gambling industry is simply not what we think it is and the earlier we start resolving our matters, the better we will having our positioned stationed. What's the main objective of AI? It's been used to accomplish complex tasks and we should be ready to know the knots and tights of the system. AI have conquered and consumed our thoughts in the system, with time every tasks will be carry out by AI.

What i believed is that AI will impact more on the betting shops than the Gamblers.because it will enable the betting shop To perform most of their task easily and in a limited time frame through the use of management information System . AI will Really help the betting industry especially when it comes To generating softwares that will enhance the easy Access To online betting sites.

In other hands, on the Side of the Gamblers AI might turn most of the Gamblers  To addicts because there may be needs for them To buy robots that will gamble for them And this might Encourage careless spending that might result To bankrupcy If not handled appropriately.AI will do more in the gambling industry especially in online betting But might also render most of the potential Gamblers To addicts.

In general people underestimate the power of a technology, just look at the internet, at the time many people thought that it was just one of those things that only those that are into technology will use, and now we have billions of people that cannot live without the internet anymore, and all of that in just a few decades, and I predict AI is going to have the same kind of impact, it is just that it is still too early for us to understand all the things that it will eventually do.

Maybe, probably on the smaller casinos they might not be up to date, so there might probably be a way to get some value out of AI.

But I reckon most of the time the best trained AI will be used to generate the odds, so there's nothing a gambler can do since the casinos control the odds.

So most of the time we will be misguided because we are the last touch of an AI before the casino. They have already made adjustment to their system for AI t work for them, and despite using an AI, there's still no way to beat them, they'll always stay at the top (which is normal) and we are still trying to find a way to beat their system which is unbeatable.

I guess we just focus our energy somewhere else, of course AI can help us but there's also a limitation, and like mentioned, we can't beat a casino.

Yeah, technology is usually applied first at the casinos, and then it gets into the hands of normal people.

This is because casinos have the money to pay for developers, researchers, etc.

They have a lot invested in these things.

Even without the use of AI, this could actually happen if there's only one bookmaker for every sportsbook, that way the odds are in synch as it's just running in one system. So even if there's a AI but with different bookmakers or if they will not collab, there's still a possibility to find an arbitrage opportunity.

With the system in place and working well, tracking funds would be easy to achieve. That's where the Anti money laundering agency has been building, but without the cooperation of the regulated casino, things might be hard for them. When i say cooperation, that's when they allow gamblers despite not having a KYC, or just tying to act like a decentralized casino when the are not just to attract potential gamblers.

AI has huge impact on many industries and it will also has its own impact on the betting world. If some people are thinking about exploiting betting companies thru AI, I guess it is the opposite. AI will be more beneficial to betting companies. There will be zero to little arbitrage in betting anymore in the future due to AI detecting all the odds the other bookies are offering.

I can also imagine banned or people not allowed in gambling or are doing illegal activities like laundering will be tracked easily. This is the same situation in my country wherein there is a system where all banks can access on the credit score of all people that have bank accounts.

I would not talk about all artificial intelligence, but about advanced software. It is this, and not artificial intelligence, that will have the greatest impact on the industry. I know that some poker players have good proprietary programs that help select cards, suggest the right moves and calculate approximately what cards are in the hands of opponents. This truly gives some players a huge advantage over others. A person who is helped to play not only by the author's method, but also by a program based on the author's method, will always play better than others, regardless of the cards. If we are talking about betting, then advanced software can also help the player well. You can analyze the entire array of matches and create advanced statistics that others do not have.

Quite possibly, I can see specifically-trained AI being used to make formulated guesses to predict game outcomes for profit. I already saw it happen in particular with football games, and although the predictions are a massive hit or miss, it's still possible that given enough data and time to train the Artificial Intelligence with, a passable, maybe even highly reliable rendition of this algorithm could be made in few years' time, which would mean people are going to profiteer out of the gambling industry, with people trying to use the AI to earn money with it, either by using it directly within the casino, or by selling it to some down on their luck schmucks who think this is their ticket to financial success.

I can see it ruining gambling for a lot of us, since why bother working for your money when you can automate everything, from predicting and making your picks to locking them down and playing the waiting game? It's just a matter of time before this becomes a reality, and when that happens, I'd gladly swear away from gambling.

Well there are many things that can be analyzed, in AIs we are seeing them as if they were something very big, I think that AIs are not that developed, the only thing I have seen is Chatgpt which is the only one most people talk about, but according to I have read that AI takes information from the Internet and filters it according to the algorithms it has, and gives an Answer , this is Something that is not bad, but I don't see it as something that is not decisive, maybe on the web they can place False things.

What he says is very true, casinos must already have all the measures for players who use AI and can detect and neutralize them, that is Something they must already have because computer security is very important in a casino , it cannot be invented with things like that, because what it can produce is a big ban in the casinos and that is serious.

We can use an AI to put our bet but we must always remember that AI is made by people so there's a chance that the program will loss once other people can access the AI or control.  Cause one thing for sure the owner of the casino will won't that happen and one thing for sure they will use AI too to detect and determine if those account will use AI or not and once it will caught that they will use an AI then they will face a consequences from the casino.

In confirmation of your idea, which I also support, it would be more reasonable to think about using artificial intelligence to find the best ways to hack the platform, more than it is possible to imagine that it can hack mathematical algorithms (probabilities).

I participated in a discussion in one of the topics in the local section (Arabic) a while ago about the dangers and positives of artificial intelligence, and we discussed the issue of gambling in particular. An idea then occurred to me that artificial intelligence could help addicted players who are on the verge of falling prey to addiction, but this requires the cooperation of casinos as well. By analyzing data related to players, AI can identify problematic behavior and people with corresponding patterns. In such cases, the software notifies the casino, the user's account will be blocked and help can be provided before a major gambling addiction problem arises. What is your opinion?

AI can make everything easy so for sure this will be adaptive by lots of people since this is really helpful to everyone in good way. But maybe he's claiming something bad for casino owners like it might be a source of abuse to other people who's seeking easy way to earn money on this platform, but I don't think that's gonna happen since for sure there are tools will be created to combat this scenario so there's would be no huge negative effect will happen and this financial platforms including casino will be fine on AI existence. Maybe for making all navigation on some features for people to make easier access everything they want to have for sure in this way they can use this AI technology.