Topic: [POLL] Using AI to predict outcomes - page 16. (Read 9788 times)

Both parties will try to take advantage of it but most likely the casinos are going to be the big winners in all of this, when computers were developed and became portable enough casinos forbid the use of computers on their games, while they could use them as much as they wanted, and now most slot machines are nothing but a modified computer.

So I expect the same to happen with AI, basically they will forbid its use for their customers but casinos will be able to freely use it and obtain an edge in this way.

I agree with this, AI system can be more useful for the casino owners/bookies, they can utilize the used of AI in placing the right odds selections, though I also understand that human error but it might just be a part of a trick where bookies are alluring bettors as we really can't tell what will be the outcome of the game that we are placing our bets.

We might see how it will work from both sides. Maximizing AI's capability is something that both gamblers and bookies will utilize for their own benefits.

Why must we totally dependson AI i gambling irrespective of the games or sports it's been applicable to, i may not go against this decision anyway as long as the gambling platforms aren't against it's use moreover the AI results were not always accurate, they are nothing than just an ordinary guess and try of luck but i wonder why many have so depends on using them to gamble thinking everything they offer are accurate enough.

In my mind they are two very similar things.

One is the usage of AI to estimate the odds for the casinos, and the other is as a gambler calculate the odds and compare them with the published ones to find something interesting.

In the end, this could end up in something like the 2010 flash crash with high frequency traders.

IMO, rather than the gamblers, AI will be more useful for sportsbooks to accurately place their odds. I have been gambling on different sports events for more than a decade now, and time to time I come across some really strange odds that doesn't make any sense. Usage of AI will remove any human error in determining these odds. But then, you can only improvise to a certain extent. You can get the odds as accurate as possible, by feeding all the available information. But then there will always be an unexpected result that will put these sportsbooks in deep red.

When you finally get this can you post it on another thread to see how effective AI prediction is?
However, I think there could be a separate software purely intended for sports prediction that collects data from the internet related with the certain sport like injury, rotation, and changes in roster updates for the AI to come up with it's own prediction. It's like a one stop shop for sports bettors to see the overall update for the teams you're most interested in betting LOL.

I still haven't found anyone using AI like this but I'm sure people must be doing it.  Is anyone aware of any reddit posts or other places that people may be discussing different prompts they are using to try and do this sort of gambling?  I'm very tempted to do some sort of thread documenting the success of AI in gambling decisions, but so far I haven't found a good method to do so.  Hopefully I get it figured out before the NBA season starts again.  It would be cool to start doing some fun stuff with AI when that time rolls around again.

their profit margin is so high that losing once in a while wouldn't be a problem, probably.
even if they're losing millions, I'd expect online casinos to have an emergency reserve in cases of these issues.

The biggest advantage that an AI has is that compared to a human an AI could get better at picking the winners and picking good odds at all sports, while this is something impossible for a human as our time and our energy is limited, so even if an AI cannot predict every single outcome it could get you access to the very best bets and the very best opportunities to get a win, giving to whoever created such an AI a tremendous advantage over any other gambler out there.

There is no doubt that casinos will look for the latest technology that can be implemented in their places of business to prevent fraud. Casinos will not let those crooked gamblers win and take the casino's profits and will be even more careful in overseeing their business. And supported by their resources, they have a security team that is quite good at guarding the casino.

It's ridiculous, but it might happen in the future. With the potential for even better technological advances in the future, it could happen so that what we have never imagined will happen. I also can't imagine what will happen, but the technology now with us will improve greatly. And yes, I agree that casinos will also evolve and have stronger and better security, but that doesn't stop gamblers who want to cheat from finding other ways to win from the casino.

It's normal if we win, but if we win in a row and in a large amount, the casino will suspect it and investigate what happened. And if it was caused by cheating committed by a gambler, the casino will take action immediately by blocking his account so he can't withdraw his winnings.

And with the help of artificial intelligence, which can collect more data than we can, it can provide information that we might not find so that we can get even more information. With AI, gamblers can analyze in a short time because they can get the data in a short time.

beyond this, the only evaluation that an AI can make is of the statistical type, it fits
but you could have done it before
perhaps now the advantage is that the complexity is hidden by a prompt, knowing which one it is obviously, because it is not really immediate

That last statement of yours really weight into a value, there's no predetermined outcome unless it's a part of game fixing, but in a real setting of the game only past performance is available which AI can provide, the impact of any other factors can't be decided as there are things that gambler needed to consider before placing bets, things that manual research and manual assessment are needed in order to pick the right game and right team/player to bet along.

Right now you can't use ChatGPT to predict the result of the upcoming game. This is so because the AI doesn't have real-time information



But in the future, and I hope it's a near future, it will be all about the right promt. And it won't be necessary to write it each time afresh. 90% of it will be possible to use unchanged.

Your outlook seems to lack depth. There's an unmistakable standoff between the AI for punters and the protective AI of casinos. In this digital duel, the punters' AI, perpetually pushing boundaries, incentivizes casinos to fortify their defenses.

Claiming casinos will forever have superior security might be overstating. The relentless evolution of AI can challenge even the most fortified casino safeguards. The explosive growth rate of AI leaves even the sharpest among us struggling to keep pace.

Hence, theres a riveting rivalry, albeit subtle, between the punter' AI and the casino' AI, making this a captivating technological tussle rather than one-sided evolution.

When it comes to casinos, I can assure you that AIs don't have any privilege to worry about, just like the manual, some might win at times yet this is not a threat to the house because it's normal that you win at times, which doesn't stop the fact that you might lose many times after. But when it comes to sportsbooks, AIs can work more in helping one to quickly get it done, this is even those that know nothing about the sport but knows how to risk lower and manage their bets well with AI understanding.

Still, this is not a significant threat to the industry because AIs are no-god, the outcomes of sports are not predetermined, and one can only get to speculate through past reviews and connect feats.

sorry I make bets for fun and not for profit
but your topic interests me a lot
how would you use AI to make bet guesses?
I don't understand which prompt you used for chatgpt and I would like to know if you used it and which one it is
maybe tell me in private if you don't want to publish it here

in case: i dont know any prompt for ask guessing bet to chatgpt

gambler AI competition with gambling AI?
a little ridiculous but this is not what I mean but every casino has a security system and they will always improve the security system by all means to avoid any loss on the gambling platform.
so that there is no competition between gamblers and gambling owners, it's just that gambling has an obligation to continue to improve system security.

so there is no other way even though AI is continuously developed but still casinos always have stronger and smarter security.

And even if for some reason a gambler was able to develop a better AI than the one the casinos may have on the future, the only thing they need to do to disrupt the dreams of those gamblers of becoming rich with their invention is to add a rule which specifically forbids the use of AI to beat them.

So even if a gambler beats the casino this way their withdrawal can be denied based on the TOS of the casino, and with such a simple move all their effort will be wasted as they will fail to obtain any profits out of their AI.

Casino is a business and they surely have more money to invest in using AI to make sure that gamblers will not have that edge against them, they will not allow anyone to make them as a cash cow or else we will see more gambling business to close and we should expect that there are many successful gamblers to make millions out from this system..

Just a scenario if only AI technology will learn it and make an accurate prediction. Though I'm not closing the possibility but I also follow this statement that it's a business and business will find ways to counter the advantage.

Maybe these things have something in common, but I think more about mathematics. And in the first and second cases, there is no importance that someone guessed the card or the direction of price movement. The most important thing is not one-time successes, but the correct systematic actions - if you do them, then you will be in the black at a distance. This also applies to financial markets and poker games. Since the game of poker is quite simple, it is very dull to watch it.