[POLL] Using AI to predict outcomes - page 17.

maydna

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Quote from: len01 on June 20, 2023, 11:14:47 PM

Quote from: maydna on June 18, 2023, 05:59:33 AM

-snip

Casinos will also have it in the future when AI is widely used, and gamblers have also started using it to increase their winning chances. So casinos must be careful in anticipating this by looking for solutions to beat gamblers who use AI. Casinos can still beat gamblers who don't use AI or who don't know how to operate AI. But the casinos will surely have a hard time beating gamblers who understand how AI works because those gamblers really know how to figure out how to win. We may see that the competition between casinos and gamblers for wins will be tougher. So let's just wait.

don't worry the casino will be smarter than the gambler.
I mean whatever dares to compete with the casino or wants to beat the casino, of course the casino already has a way to prevent this problem from happening.
so there is no way to beat the casino using AI or to take advantage of the casino using AI even though AI has been developed more perfect but the casino will be more perfect with an anti AI system.

That's true because a casino is a business run by a casino owner and his team. They definitely don't want to see what they've made unprofitable because of the AI. They will find ways to keep gamblers from winning, and casinos will also use AI technology to keep making profits. And it will be such a competition between the AI of gamblers and the AI of the casino that the gambling business will probably be even more advanced from now on. We can only play gambling as usual and hope we can win some money in a few rounds.

len01

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Quote from: maydna on June 18, 2023, 05:59:33 AM

-snip

Casinos will also have it in the future when AI is widely used, and gamblers have also started using it to increase their winning chances. So casinos must be careful in anticipating this by looking for solutions to beat gamblers who use AI. Casinos can still beat gamblers who don't use AI or who don't know how to operate AI. But the casinos will surely have a hard time beating gamblers who understand how AI works because those gamblers really know how to figure out how to win. We may see that the competition between casinos and gamblers for wins will be tougher. So let's just wait.

don't worry the casino will be smarter than the gambler.
I mean whatever dares to compete with the casino or wants to beat the casino, of course the casino already has a way to prevent this problem from happening.
so there is no way to beat the casino using AI or to take advantage of the casino using AI even though AI has been developed more perfect but the casino will be more perfect with an anti AI system.

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Quote from: Fredomago on June 08, 2023, 03:51:23 PM

Quote from: LUCKMCFLY on June 07, 2023, 11:03:29 PM

Quote from: Fredomago on May 24, 2023, 11:38:26 AM

Quote from: LUCKMCFLY on May 24, 2023, 08:55:00 AM

Quote from: flyingcarpet on May 06, 2023, 09:35:38 AM

Using artificial intelligence for predictions is a big mistake in my opinion. I give an example for football. There are thousands of possibilities for a position in the match. All the data obtained according to the logic of artificial intelligence are analyzed and an estimate emerges, but even this is insufficient. Because there is the luck factor. The luck factor makes predictability impossible. So I'm talking about 100% accurate predictability. Otherwise, it is quite normal for him to make inferences and say logical results based on the data at hand.

But we can make artificial intelligence guess for fun. It's also fun to follow. Sometimes I show off to my friends when the correct results come out. Because I was able to make this prediction thanks to artificial intelligence. Still, these predictions should not go beyond entertainment.

I think that using an AI at the moment for the prediction is indeed a big mistake, because it is not among the most viable ways to have a reliable answer, but in a few years things can change,or in a few months, it is known that many programmers are working day and night to get an AI that is the main ticket to be able to win lotteries, casinos, whatever, I don't know if they are more advanced than openia, but surely they are close,especially those criminals who like to leave to offline sites for stealing your funds.

That's something doable in my opinion as well, we can't measure the potential as there are smart people who really working behind and trying to make a good use of AI system, we can only imagine how wide the capabilities if in case that it really developed the way it's intentionally been done, though I also believe that in gambling industry, there are always good ways for the casino to improve and adjust and for sure they will not let AI bankrupt them.

A big possibility is that they will also create or program their business by the use of AI system to counter the advantages or possible edge from their end users.

I have been Seeing many Threads about AI and its Scope , obviously the AI at some point will have a bigger boom and those AI that are more specific will have Guaranteed Success , but how will the casinos then at that time when an AI starts to beat them ? so how will high-yield, high-profit game providers sell to casinos ? I think that each casino has to stop Buying so many games from the providers and opt for Original games so that they can attract more attention , Especially when it comes to Analysis that is done in favor of a system called Provably Fair , if an AI manages to beat that system is where everything can fall into Possible Chaos.

Indeed, and for sure gambling business owners and providers will not allow that to happen, they will use this same system to program and update their business to make sure that in anyhow they can still on the upper hand here, I think with AI gamblers can learn the usages of advance research but the guaranteed outcome, that's not possible in any gambling related business, there are still other factors than the stats and anything that AI can provide or can collect to whatever resources it may have.

What I think of all this is that the casino systems should implement an anti-AI security system, and that will be a great business model, the way of protection at the beginning will be very expensive, but after time it will be possible+ to acquire more easily, but security before an AI will be essential to be acquired, personally I think that things with AI will be a very interesting topic as time continues to pass, with sports betting if there is nothing to to do, because things at the speed that is happening it is a bit unfeasible for an AI to predict the results accurately.

nullama

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Quote from: KTChampions on June 19, 2023, 07:07:17 AM

~snip~
In fact, I don't see anything interesting even in the game of people - now everyone knows the mathematical basis of poker, and even if they don't know it, they know the algorithms - when to raise, when to bluff, etc. Professional poker is a sad thing, I don't know who is following this and looking for some "hidden meanings and skills of the players".

It's a bit like financial services. Some of them get it right some of the time and get lots of attention. Then they get it wrong and people forget about them, until someone else gets it right a few times, etc.

It's basically how random events work. You cannot predict exactly what card will come up next, in the same way that you cannot predict exactly what shares will go up or down.

But since many people are guessing all the time, some will get it right some of the time.

KTChampions

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Quote from: nullama on June 18, 2023, 09:53:15 PM

Quote from: KTChampions on June 18, 2023, 04:38:34 PM

~snip~
AI poker is already playing better than humans as far as I know. As for betting and analysis of sports events, here AI should also surpass humans, after all, sports betting is statistics + processing of large data arrays + probabilistic analysis - all that AI is undoubtedly good at.
The problem is that in this area everyone will keep their secrets and we will not know the moment when the superiority of AI will become undeniable Grin

Poker is at the end of the day a game of chances.

A computer knows exactly the odds of each play, so if it plays correctly based on those odds, in the long term it will always end up with more money than a human. Of course it will lose some games, but overall it will win.

The fun of poker is basically player vs player where each one tries to bluff each other making them think they have a better hand they actually have. That does nothing to a computer. It's a different game basically.

In fact, I don't see anything interesting even in the game of people - now everyone knows the mathematical basis of poker, and even if they don't know it, they know the algorithms - when to raise, when to bluff, etc. Professional poker is a sad thing, I don't know who is following this and looking for some "hidden meanings and skills of the players".

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Quote from: nullama on June 13, 2023, 12:33:37 AM

Quote from: Betwrong on June 12, 2023, 06:05:56 AM

~snip~
See, You said it yourself, it can be useful. As for predicting outcomes of the things that are going to occur in future, you can ask "How to cook a tasty cheap soup?", and AI will provide you with a recipe, and it's kinda prediction of the future, innit? It's basically saying "Do this and this and you'll get a tasty soup in the future". In sports betting it could be "Bet on this and this, and you'll be in profit in the future." Of course, it's never guaranteed. You can be allergic to some ingredients in the recipe, or you might just don't like the taste, same as your profit might be negative after following AI's advice in sports betting, but we can try several times and see whether we want its help or not. AI has been doing well so far in many fields.

Well, the thing is that it's different when you use an AI to create a plan for you, like a recipe, etc, compared to betting.

When betting, the odds are always against you. The chances of a team winning are calculated, and then the casinos add some odds in their favor.

Are you sure this is how it works? How can you calculate the chances of a team winning precisely? Don't you think it's impossible? Don't the odds change all the time? And what can be the new factors that affecting the odds?

The thing is that in reality there's no mysterious machine that calculates the odds so precisely that the profit of the house is guaranteed. It is done in much simpler way: the odds are set so that the money of the losers went to the winners(minus the house edge, of course).

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Quote from: LUCKMCFLY on June 18, 2023, 04:15:16 PM

Quote from: Fredomago on June 02, 2023, 01:42:53 PM

~snip~

I have wondered something, as time goes by the AI has learned much more, and the most important thing is that the AI learns in hours to be an expert in anything, in the case of betting on casinos there is still a long way to go, but I don't know how they can do it so that I can be one step ahead of the casino systems knowing that the casino systems have the Provably Fair system and everything that entails to be able to beat it, I think that for now it is not possible, but in the future the AI with the help of quantum pc will not be difficult anymore, and that era may come soon, I always believed that quantum computer will be developed first before AI.

I feel the need to address an error in thinking here: the idea of besting casino systems, even with state-of-the-art AI and quantum computing, is presently just wishful thinking. Casino games, especially the "Provably Fair" ones, are built on statistics and chance. Their essence is randomness - this makes forecasting or swaying the outcomes pretty much a no-go.

Sure, advanced AI can master many things rapidly. But they play by the rules and stay within their coded limits. The idea that AI can outsmart the system defies the randomness and fairness at the heart of these games. While dreaming of AI and quantum tech tipping the scales in our favor sounds nice, it's vital to keep in mind the unpredictability and risk intrinsic to gambling.

nullama

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Quote from: KTChampions on June 18, 2023, 04:38:34 PM

~snip~
AI poker is already playing better than humans as far as I know. As for betting and analysis of sports events, here AI should also surpass humans, after all, sports betting is statistics + processing of large data arrays + probabilistic analysis - all that AI is undoubtedly good at.
The problem is that in this area everyone will keep their secrets and we will not know the moment when the superiority of AI will become undeniable Grin

Poker is at the end of the day a game of chances.

A computer knows exactly the odds of each play, so if it plays correctly based on those odds, in the long term it will always end up with more money than a human. Of course it will lose some games, but overall it will win.

The fun of poker is basically player vs player where each one tries to bluff each other making them think they have a better hand they actually have. That does nothing to a computer. It's a different game basically.

KTChampions

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Quote from: STT on June 18, 2023, 04:30:06 PM

I dont see AI alters the odds for the casinos themselves, the game is unchanged however it might alter the advantages between players vs other players. Something like poker or sports betting its most relevant but its already true some will have greater experience and knowledge of the odds vs rewards on these games anyway. Nothing massively different outside of AI making it alot more convenient and seamless to enact possibly ?

AI poker is already playing better than humans as far as I know. As for betting and analysis of sports events, here AI should also surpass humans, after all, sports betting is statistics + processing of large data arrays + probabilistic analysis - all that AI is undoubtedly good at.
The problem is that in this area everyone will keep their secrets and we will not know the moment when the superiority of AI will become undeniable Grin

STT

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I dont see AI alters the odds for the casinos themselves, the game is unchanged however it might alter the advantages between players vs other players. Something like poker or sports betting its most relevant but its already true some will have greater experience and knowledge of the odds vs rewards on these games anyway. Nothing massively different outside of AI making it alot more convenient and seamless to enact possibly ?

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Quote from: Fredomago on June 02, 2023, 01:42:53 PM

Quote from: len01 on June 01, 2023, 03:34:36 PM

Quote from: maydna on June 01, 2023, 07:32:59 AM

AI will become more sophisticated than now, so it will help us get more accurate information from the data we get. But we still can't leave the decision to AI because we must decide which one we choose based on all the data we have collected. Perhaps, for now, it's still strange if some people use AI in a way that AI hasn't progressed too well. We should wait until the time comes to see what will happen to the AI that can help us in our gambles.

as the days go by, there will certainly always be technological improvements, and one of them, AI will always be developed with adoption to get very accurate results, even if only 90%. however, in this adoption we should not rely on predictions or anything that has been displayed by AI because everything is still inaccurate and still has 10% error even though it has been developed to be more accurate.
so it would be better if AI was only used as a second option to consider or strengthen our predictions for betting.

And just the same, even it's 99% the remaining percentage can still bring you to lose your bet, remember it's gambling and there are many things that will influence the potential outcome, I see the point where it can be developed and it can find more information but the accuracy especially when dealing in gambling, it's something that only luck can accurately dictate your winning chance.

I have wondered something, as time goes by the AI has learned much more, and the most important thing is that the AI learns in hours to be an expert in anything, in the case of betting on casinos there is still a long way to go, but I don't know how they can do it so that I can be one step ahead of the casino systems knowing that the casino systems have the Provably Fair system and everything that entails to be able to beat it, I think that for now it is not possible, but in the future the AI with the help of quantum pc will not be difficult anymore, and that era may come soon, I always believed that quantum computer will be developed first before AI.

maydna

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Quote from: wxa7115 on June 16, 2023, 09:39:56 PM

Quote from: maydna on June 11, 2023, 09:02:26 AM

But I don't think AI technology has yet reached that stage and is still being developed, so we are still looking for more information or there is already technology that can provide accurate predictions about matches. Indeed, using AI can provide a higher percentage because calculations from AI can be more accurate than we do, but we should not make decisions based solely on information from AI. But if we talk about the luck we can get, AI is having trouble knowing when that luck is coming.

Casinos most likely have it, or at least their odds providers do so, after all with the huge amount of events and bets they offer it is impossible this is calculated by humans so some sort of AI must be able to do this, which is why some professional gamblers have noticed that is getting harder and harder to beat the casinos as the algorithms behind their AI is improving every single day.

Still if at some point that technology fell on the hands of gamblers they could fight fire with fire and find more easily odds in which the AI could have made a mistake.

Casinos will also have it in the future when AI is widely used, and gamblers have also started using it to increase their winning chances. So casinos must be careful in anticipating this by looking for solutions to beat gamblers who use AI. Casinos can still beat gamblers who don't use AI or who don't know how to operate AI. But the casinos will surely have a hard time beating gamblers who understand how AI works because those gamblers really know how to figure out how to win. We may see that the competition between casinos and gamblers for wins will be tougher. So let's just wait.

len01

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Quote from: Fredomago on June 14, 2023, 07:40:39 AM

-snip

Yes, with how AI can take multiple data and continue to store and use it when it's needed that is the advantage, we can't deny that human brain have limitations and with the help of AI the development can easily be done, though in terms of gambling there's always luck behind and even how good AI can be there are factors that it can't predict basing from the data that it collects from the avilable sources.

But yes, in terms of different projects like school or office works, AI can be more useful to assist us in fuliflling our needs.

well this is what I mean and makes more sense.
if AI is used for work other than predicting sports betting or other types of betting it will be better because if it is used for office or school work it is not against luck but if it is used for predictions it is clearly the same as AI against luck.
because we cannot deny that gambling is always close to luck and it is very difficult for AI to fight against this kind of thing even though AI can search for a lot of data but in the end there are always surprises at every bet that can make us lose.

from the many answers and all of them it is clear that AI will work well if it is used in various other jobs besides betting.

nullama

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Quote from: wxa7115 on June 16, 2023, 09:39:56 PM

Quote from: maydna on June 11, 2023, 09:02:26 AM

But I don't think AI technology has yet reached that stage and is still being developed, so we are still looking for more information or there is already technology that can provide accurate predictions about matches. Indeed, using AI can provide a higher percentage because calculations from AI can be more accurate than we do, but we should not make decisions based solely on information from AI. But if we talk about the luck we can get, AI is having trouble knowing when that luck is coming.

Casinos most likely have it, or at least their odds providers do so, after all with the huge amount of events and bets they offer it is impossible this is calculated by humans so some sort of AI must be able to do this, which is why some professional gamblers have noticed that is getting harder and harder to beat the casinos as the algorithms behind their AI is improving every single day.

Still if at some point that technology fell on the hands of gamblers they could fight fire with fire and find more easily odds in which the AI could have made a mistake.

Yeah, well, these odds are calculated to give the casino some advantage. It doesn't matter how exact they are and that it sometimes is wrong, because in the long term after winning and losing a few times the casino will still won because there is always a better odd for them

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Quote from: maydna on June 11, 2023, 09:02:26 AM

But I don't think AI technology has yet reached that stage and is still being developed, so we are still looking for more information or there is already technology that can provide accurate predictions about matches. Indeed, using AI can provide a higher percentage because calculations from AI can be more accurate than we do, but we should not make decisions based solely on information from AI. But if we talk about the luck we can get, AI is having trouble knowing when that luck is coming.

Casinos most likely have it, or at least their odds providers do so, after all with the huge amount of events and bets they offer it is impossible this is calculated by humans so some sort of AI must be able to do this, which is why some professional gamblers have noticed that is getting harder and harder to beat the casinos as the algorithms behind their AI is improving every single day.

Still if at some point that technology fell on the hands of gamblers they could fight fire with fire and find more easily odds in which the AI could have made a mistake.

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Quote from: nullama on June 11, 2023, 11:58:26 PM

It's been there for years, basically the technology that calculates the odds that every casino pays is calculated by some kind of AI.

The technology is just getting more and more accurate every year, but the math is still there, they calculate the odds and make them a bit more in favor to the casino.

That's why, even if you have an extremely accurate prediction, you will probably end up losing money against the casino in the long term. The odds are against the gambler.

Perhaps, the AI used is still basic or different from the AI being developed by the developers. Moreover, the AI technology is also different from the previous one, so its use will also differ. And we have also seen how the development of this AI has come so far, and there is still work for the developers to work even harder on providing updates for the AI.

And don't fight the casino because it is the casino that will get the most from the losing gamblers. We can only bet and enjoy it, and if we are lucky, we will get that win. What's important is that we can limit the use of money, whether it's using AI or not using AI.

Quote from: len01 on June 12, 2023, 04:06:30 AM

well, in the end back to luck like you said.
maybe every year or even every decade AI will always be developed to get results that are quite accurate with various information that is entered into AI which provides greater accurate opportunities but all returns to luck.
remember, that gambling is about winning, losing and luck which means that nothing guarantees a win at gambling even if it is AI that has been developed.

I'm not particularly skeptical of AI just preferring AI to be used in ways other than predicting sports betting.

Yes, it is. Everything will return to our luck at that time. We will win even if we don't use AI if we are lucky. But perhaps AI can provide more accurate information because AI can get it from sources that may be unfamiliar to us, so we can process it to get other clues that can support our bets.

And it depends on the updates made by the developers for each field, and of course, later in the gambling field, some developers are already working on creating AI suitable for gambling. And AI works with codes that, in the future, can process the data obtained to give us a percentage chance of winning. So we'll see how it develops later.

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Quote from: bettercrypto on June 14, 2023, 02:06:51 AM

Quote from: OgNasty on December 08, 2022, 11:11:37 PM

ChatGPT is all the rage at the moment. I’ve seen that people are asking it to predict sporting events. Would you leave gambling decisions up to artificial intelligence? Do you see any potential drawbacks for outsourcing your bets to a software program? Has anyone here tried this yet? Do we need someone to put together a thread of ChatGPT predictions to see how accurate they are? Any other thoughts?

I haven't tried it yet, has anyone tried it? did you predict correctly? But when it comes to things that are used with emotion, AI can't answer that, because of course, whatever data is put in it, that's all it will say, and there's nothing else, right?

But they say that many people have made a lot of money using AI. As for me, I don't really believe it either. It's hard to trust and expect the AI to win especially if you're going to gamble.

Not even AI can predict the future. The people who use AI for gambling and made money were just lucky, I believe. I do not consider the current AI technology to be true AI. Rather the modern Artificial Intelligence seems to be a cheap imitation of how the human brain works. But how can we have an imitation of such when we do not even understand how it fully works, in the first place? ChatGPT is just a more complex version of "let me Google that for you".

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Quote from: Josefjix on June 14, 2023, 12:03:05 AM

Quote from: len01 on June 12, 2023, 04:06:30 AM

well, in the end back to luck like you said.
maybe every year or even every decade AI will always be developed to get results that are quite accurate with various information that is entered into AI which provides greater accurate opportunities but all returns to luck.
remember, that gambling is about winning, losing and luck which means that nothing guarantees a win at gambling even if it is AI that has been developed.

I'm not particularly skeptical of AI just preferring AI to be used in ways other than predicting sports betting.

Everything is making advance, with AI in the picture, things going smoothly for everyone. Please don't get me wrong: AI is vastly superior to the brain since it produces long extremely important data in ways that the brain cannot accomplish. Our brain performs all of the functions in daily activities, and it is not recommended to put pressure on the brain. We must maintain steady balance for the purpose to do tasks correctly and avoid making costly mistakes. AI is best served when it involves programs other than gambling; AI is better handled when it comes to searching for essential data, such as school projects.

Yes, with how AI can take multiple data and continue to store and use it when it's needed that is the advantage, we can't deny that human brain have limitations and with the help of AI the development can easily be done, though in terms of gambling there's always luck behind and even how good AI can be there are factors that it can't predict basing from the data that it collects from the avilable sources.

But yes, in terms of different projects like school or office works, AI can be more useful to assist us in fuliflling our needs.

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Quote from: OgNasty on December 08, 2022, 11:11:37 PM

ChatGPT is all the rage at the moment. I’ve seen that people are asking it to predict sporting events. Would you leave gambling decisions up to artificial intelligence? Do you see any potential drawbacks for outsourcing your bets to a software program? Has anyone here tried this yet? Do we need someone to put together a thread of ChatGPT predictions to see how accurate they are? Any other thoughts?

I haven't tried it yet, has anyone tried it? did you predict correctly? But when it comes to things that are used with emotion, AI can't answer that, because of course, whatever data is put in it, that's all it will say, and there's nothing else, right?

But they say that many people have made a lot of money using AI. As for me, I don't really believe it either. It's hard to trust and expect the AI to win especially if you're going to gamble.

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Quote from: nullama on June 11, 2023, 04:21:53 AM

Quote from: wxa7115 on June 10, 2023, 09:56:11 PM

~snip~
While those results happen from time to time it is not common and even casinos can suffer huge losses if someone was crazy enough to take a huge bet on favor of the underdog at the time.

So it is natural that even an AI will struggle to identify and accurately predict those results, still if given enough information about a particular sport and guiding the model in a very careful way I think it should be possible to produce an AI which could predict outcomes with enough accuracy to produce profits.

For every one person that wins big there are multiple others that lose.

At the end of the day the casino will always win because the odds are calculated like that. For example, let's say you win and I lose, the bank uses the money they got from me to pay you and still earn a bit from the whole transaction.

Just imagine how some people can be ist so funny expecting the use of AI to win against the house, how possible, though things can come in any dimension when it comes to gambling but the higher wining percentage is vested on the casino because we are all humans and can't be always accurate with what we predict on, same way also is the uee of AI in gambling which cannot be effective at all the times wining against the house.

Topic: [POLL] Using AI to predict outcomes - page 17. (Read 10042 times)