[POLL] Using AI to predict outcomes - page 33.

madnessteat

legendary

Activity: 2310

Merit: 2073

Quote from: Helena Yu on March 20, 2023, 06:52:09 AM

Quote from: nullama on March 19, 2023, 06:38:54 PM

Of course the casinos wouldn't go broke, because they would update the odds or the payouts accordingly.

And casinos are at the forefront of odd calculation, so probably they would have bought the guy out if it actually works and they don't know how to do it.

Think about it, how many times you hear about a casino going bankrupt vs a small business going bankrupt.

I don't think big casino will going bankrupt easily because they've calculate their total bankroll and the maximum amount we can bet on slots or sports, even there's a lucky gambler bet an event with maximum amount, the casino just need to pay it and limit the gambler's account to prevent him to win big amount money in the future.

In the worst case, a legit casino will declare they're bankrupt while a scam casino will abandon it and not pay the big winnings.

You're right. We don't hear much about casinos going bankrupt, compared to the banking sector or other businesses.
I can't know for sure, but it seems to me that casino owners are constantly watching their reserves and when they are depleted, they reduce the return rate for customers. And when the reserves go up, they arrange various additional marketing campaigns and promotional integrations.

redsun114

hero member

Activity: 2730

Merit: 585

Leading Crypto Sports Betting & Casino Platform

Quote from: slapper on March 18, 2023, 12:48:10 AM

Quote from: wxa7115 on March 17, 2023, 10:13:23 PM

There will always be some pioneers that will try to do something even if it is believed that it will not work.

However even if their attempts to try to use ChatGPT will most likely fail, this could also be the reason behind one of those gamblers eventually developing an AI which can actually make more accurate predictions about the result of a particular sport match, it would not be easy but I do not think it can be more complex than the process which created ChatGPT itself.

You know, the riveting aspect of your statement? It's how these "gamblers" attempting to forge an AI that can foresee sports results represent just a tiny part of a colossal occurrence in our society: the unyielding chase of advancement and ingenuity. Ponder this – from the wheel's creation to the internet's development, humans have been fueled by the ambition to break the limits of the conceivable.

Sure, loads of these innovation endeavors may flop, but each collapse inches us nearer to victory. So, even if no soul brings forth an AI that predicts sports consequences, the endeavor itself is invaluable, as it cultivates our growth as a society.

We never know what the future beholds until the time arrives and we witness the greatness. Although it's not yet possible for AI to do certain things, especially making future predictions, even if you feed it the data required for research and making analysis, it will still deny doing that, but maybe it won't be the same in near future.

GPT 4 might bring a lot of positive changes to the world of AI and how people use it. I know it will be revolutionary but to what extent? We are yet to know that. All I know is that it will be way more powerful than the current AI models we use these days.

Helena Yu

hero member

Activity: 742

Merit: 633

Quote from: nullama on March 19, 2023, 06:38:54 PM

Of course the casinos wouldn't go broke, because they would update the odds or the payouts accordingly.

And casinos are at the forefront of odd calculation, so probably they would have bought the guy out if it actually works and they don't know how to do it.

Think about it, how many times you hear about a casino going bankrupt vs a small business going bankrupt.

I don't think big casino will going bankrupt easily because they've calculate their total bankroll and the maximum amount we can bet on slots or sports, even there's a lucky gambler bet an event with maximum amount, the casino just need to pay it and limit the gambler's account to prevent him to win big amount money in the future.

In the worst case, a legit casino will declare they're bankrupt while a scam casino will abandon it and not pay the big winnings.

nullama

hero member

Activity: 1008

Merit: 960

Quote from: len01 on March 19, 2023, 12:30:24 PM

~snip~
if a gambler developed this AI to become a more accurate predictor, wouldn't casinos all over the world go bankrupt? after all, the casino will still be smarter in every way to win and it is very unlikely that any AI or ChatGPT can predict bets with 100% accuracy. the house will always win.

from the first time, the martingale trend was just a simple strategy that was difficult for other gamblers to do. because martingale also requires sizable funds to always increase the bet amount for every loss.

Of course the casinos wouldn't go broke, because they would update the odds or the payouts accordingly.

And casinos are at the forefront of odd calculation, so probably they would have bought the guy out if it actually works and they don't know how to do it.

Think about it, how many times you hear about a casino going bankrupt vs a small business going bankrupt.

len01

hero member

Activity: 1330

Merit: 585

Leading Crypto Sports Betting & Casino Platform

Quote from: wxa7115 on March 17, 2023, 10:13:23 PM

Quote from: coin-investor on March 17, 2023, 04:11:51 PM

Quote from: len01 on March 15, 2023, 11:06:08 AM

in conclusion self-predictions or AI-assisted predictions or ChatGPT, it's just a way to get closer to our luck.

even though in the end the result we will receive is only luck or unlucky but if we have a prediction in any way it is the same as we have an effort to chase luck. it's much better than just being silent and betting without predictions like not having any approach with luck.

But we have this inherent curiosity that makes us want to look if there are available methods to win in gambling, remember we are all attracted to martingale the first time we've read about it, the logic is good but the application is bad, I'm sure people who are into gambling will try these AI's to help them in their campaign to win in gambling, we'll just see in the long run if the majority of gamblers are successful in using these AI's in their campaign in gambling.
Maybe after a year, we'll have data but I'm pretty sure it's not really that reliant to integrate into our gambling betting.

There will always be some pioneers that will try to do something even if it is believed that it will not work.

However even if their attempts to try to use ChatGPT will most likely fail, this could also be the reason behind one of those gamblers eventually developing an AI which can actually make more accurate predictions about the result of a particular sport match, it would not be easy but I do not think it can be more complex than the process which created ChatGPT itself.

if a gambler developed this AI to become a more accurate predictor, wouldn't casinos all over the world go bankrupt? after all, the casino will still be smarter in every way to win and it is very unlikely that any AI or ChatGPT can predict bets with 100% accuracy. the house will always win.

from the first time, the martingale trend was just a simple strategy that was difficult for other gamblers to do. because martingale also requires sizable funds to always increase the bet amount for every loss.

Fredomago

legendary

Activity: 2996

Merit: 1054

Leading Crypto Sports Betting & Casino Platform

Quote from: AicecreaME on March 18, 2023, 09:22:25 AM

Quote from: wxa7115 on March 17, 2023, 10:13:23 PM

Quote from: coin-investor on March 17, 2023, 04:11:51 PM

Quote from: len01 on March 15, 2023, 11:06:08 AM

in conclusion self-predictions or AI-assisted predictions or ChatGPT, it's just a way to get closer to our luck.

even though in the end the result we will receive is only luck or unlucky but if we have a prediction in any way it is the same as we have an effort to chase luck. it's much better than just being silent and betting without predictions like not having any approach with luck.

But we have this inherent curiosity that makes us want to look if there are available methods to win in gambling, remember we are all attracted to martingale the first time we've read about it, the logic is good but the application is bad, I'm sure people who are into gambling will try these AI's to help them in their campaign to win in gambling, we'll just see in the long run if the majority of gamblers are successful in using these AI's in their campaign in gambling.
Maybe after a year, we'll have data but I'm pretty sure it's not really that reliant to integrate into our gambling betting.

There will always be some pioneers that will try to do something even if it is believed that it will not work.

However even if their attempts to try to use ChatGPT will most likely fail, this could also be the reason behind one of those gamblers eventually developing an AI which can actually make more accurate predictions about the result of a particular sport match, it would not be easy but I do not think it can be more complex than the process which created ChatGPT itself.

Innovations of AI to make lives more convenient is what most people do. Just like ChatGPT, gamblers can make their lives easier in producing an AI that will give a prediction of a match. However, the results will definitely not a hundred percent accurate because again, there are things that AI can't consider in making predictions. Such as using a ChatGPT for a homework wherein sometimes the essay makes sense but sometimes it isn't cohesive and coherent to be understood by the reader.

There are still things to be taken care of if ever someone wants to use and AI. The pros and cons should be weighed to know whether it possess much risk or not. It's not really bad to get an idea using an AI, but of course, we must not fully rely on it without using our knowledge. Since afterall, at the end of the day the bet you made is your responsibility.

Getting a good idea with what AI provided to you is better it gives you basis with sets of information which can guide you in how to weight your decision when taking your bets, for sure most of us will use this to find some good ideas before concluding your actual pick, AI can be your edge if you know how to use it and you understand the limitations.

On that side note, limitations will be covered by human knowledge in projecting the possible outcome, and yet, the outcome can't be accurately predicted, as there are many factors that can affect the outcome.

nullama

hero member

Activity: 1008

Merit: 960

Quote from: bitbollo on March 18, 2023, 12:07:49 PM

I tried to predict the result of the match between Sinner and Alcaraz of tonight (pretty curious to see what provide) but at the end ChatGPT4 says that this AI doesn't provide forecast about sportive events.
Pretty disappointed Sad

Interesting.

I wonder why they decided to limit the model in that way, maybe they don't want people angry with them when they lose a bet. People losing their money usually lose their minds as well, so it's probably a smart move from them.

In any case, I read that the new model has more security built in so that it doesn't do things it's not supposed to do.

bitbollo

legendary

Activity: 3276

Merit: 3537

Nec Recisa Recedit

I tried to predict the result of the match between Sinner and Alcaraz of tonight (pretty curious to see what provide) but at the end ChatGPT4 says that this AI doesn't provide forecast about sportive events.
Pretty disappointed Sad

maydna

hero member

Activity: 2912

Merit: 556

Enterapp Pre-Sale Live - bit.ly/3UrMCWI

Quote from: wxa7115 on March 17, 2023, 10:13:23 PM

There will always be some pioneers that will try to do something even if it is believed that it will not work.

However even if their attempts to try to use ChatGPT will most likely fail, this could also be the reason behind one of those gamblers eventually developing an AI which can actually make more accurate predictions about the result of a particular sport match, it would not be easy but I do not think it can be more complex than the process which created ChatGPT itself.

Every development done by developers will not be easy because they always have to ensure whether the code they are using is correct and can provide a solution or if they have to modify it again. ChatGPT is now starting to develop again from a few months ago and maybe the developers are still busy testing the AI so that it can be used properly.

But I think some people are curious about whether AI gives predictions based on the data that AI gets and can provide a greater chance of victory than our analysis. Of course, this will provide exciting results for bettors because they can immediately use it without going through the search process first. But for other bettors they will still be looking for more info and not rely on AI to decide.

AicecreaME

sr. member

Activity: 2436

Merit: 455

Quote from: wxa7115 on March 17, 2023, 10:13:23 PM

Quote from: coin-investor on March 17, 2023, 04:11:51 PM

Quote from: len01 on March 15, 2023, 11:06:08 AM

in conclusion self-predictions or AI-assisted predictions or ChatGPT, it's just a way to get closer to our luck.

even though in the end the result we will receive is only luck or unlucky but if we have a prediction in any way it is the same as we have an effort to chase luck. it's much better than just being silent and betting without predictions like not having any approach with luck.

But we have this inherent curiosity that makes us want to look if there are available methods to win in gambling, remember we are all attracted to martingale the first time we've read about it, the logic is good but the application is bad, I'm sure people who are into gambling will try these AI's to help them in their campaign to win in gambling, we'll just see in the long run if the majority of gamblers are successful in using these AI's in their campaign in gambling.
Maybe after a year, we'll have data but I'm pretty sure it's not really that reliant to integrate into our gambling betting.

There will always be some pioneers that will try to do something even if it is believed that it will not work.

However even if their attempts to try to use ChatGPT will most likely fail, this could also be the reason behind one of those gamblers eventually developing an AI which can actually make more accurate predictions about the result of a particular sport match, it would not be easy but I do not think it can be more complex than the process which created ChatGPT itself.

Innovations of AI to make lives more convenient is what most people do. Just like ChatGPT, gamblers can make their lives easier in producing an AI that will give a prediction of a match. However, the results will definitely not a hundred percent accurate because again, there are things that AI can't consider in making predictions. Such as using a ChatGPT for a homework wherein sometimes the essay makes sense but sometimes it isn't cohesive and coherent to be understood by the reader.

There are still things to be taken care of if ever someone wants to use and AI. The pros and cons should be weighed to know whether it possess much risk or not. It's not really bad to get an idea using an AI, but of course, we must not fully rely on it without using our knowledge. Since afterall, at the end of the day the bet you made is your responsibility.

Betwrong

legendary

Activity: 3500

Merit: 2246

🌀 Cosmic Casino

Quote from: nullama on March 14, 2023, 05:44:55 PM

Quote from: Betwrong on March 14, 2023, 06:03:06 AM

~snip~
You shouldn't rely on AI completely, that's for sure, but it is still not known whether using our knowledge is better than AI's recommendations. If we knew everything and were always right, then asking AI about something would be pointless, I agree. But the thing is that we know from our own experience that we are often wrong in making decisions. Too often to rely only on our knowledge or on our feeling what to do. We need a support, and AI can provide us with that support.

There is a limit to what our brains can calculate intuitively though.

For example, you don't need to calculate the math for throwing a rock and hitting something. You can do this without "thinking" because our brains evolved in that direction. It's just native to us, we just "know" how fast and in which direction to throw the rock. No need for physics equations.

But, for many other things we're actually quite bad at this. For example statistics. We have a very poor native feeling for statistics. In those cases we need math because our intuition is often wrong. See Monty Hall paradox as an example.

With ChatGPT and other AI systems we will be able to tap into maths in a more natural way.

Great observation. I absolutely agree regarding throwing a rock at something that we are wired to "know" how to do it rightly. But betting on the outcomes is only around for several thousands of years. It's very little for us to be born with that knowledge. I'm pretty sure that AI can be a good helper here.

slapper

legendary

Activity: 1946

Merit: 1100

Leading Crypto Sports Betting & Casino Platform

Quote from: wxa7115 on March 17, 2023, 10:13:23 PM

Quote from: coin-investor on March 17, 2023, 04:11:51 PM

~snip~

There will always be some pioneers that will try to do something even if it is believed that it will not work.

However even if their attempts to try to use ChatGPT will most likely fail, this could also be the reason behind one of those gamblers eventually developing an AI which can actually make more accurate predictions about the result of a particular sport match, it would not be easy but I do not think it can be more complex than the process which created ChatGPT itself.

You know, the riveting aspect of your statement? It's how these "gamblers" attempting to forge an AI that can foresee sports results represent just a tiny part of a colossal occurrence in our society: the unyielding chase of advancement and ingenuity. Ponder this – from the wheel's creation to the internet's development, humans have been fueled by the ambition to break the limits of the conceivable.

Sure, loads of these innovation endeavors may flop, but each collapse inches us nearer to victory. So, even if no soul brings forth an AI that predicts sports consequences, the endeavor itself is invaluable, as it cultivates our growth as a society.

wxa7115

hero member

Activity: 2814

Merit: 734

Bitcoin is GOD

Quote from: coin-investor on March 17, 2023, 04:11:51 PM

Quote from: len01 on March 15, 2023, 11:06:08 AM

in conclusion self-predictions or AI-assisted predictions or ChatGPT, it's just a way to get closer to our luck.

even though in the end the result we will receive is only luck or unlucky but if we have a prediction in any way it is the same as we have an effort to chase luck. it's much better than just being silent and betting without predictions like not having any approach with luck.

But we have this inherent curiosity that makes us want to look if there are available methods to win in gambling, remember we are all attracted to martingale the first time we've read about it, the logic is good but the application is bad, I'm sure people who are into gambling will try these AI's to help them in their campaign to win in gambling, we'll just see in the long run if the majority of gamblers are successful in using these AI's in their campaign in gambling.
Maybe after a year, we'll have data but I'm pretty sure it's not really that reliant to integrate into our gambling betting.

There will always be some pioneers that will try to do something even if it is believed that it will not work.

However even if their attempts to try to use ChatGPT will most likely fail, this could also be the reason behind one of those gamblers eventually developing an AI which can actually make more accurate predictions about the result of a particular sport match, it would not be easy but I do not think it can be more complex than the process which created ChatGPT itself.

coin-investor

hero member

Activity: 3024

Merit: 614

Leading Crypto Sports Betting & Casino Platform

Quote from: len01 on March 15, 2023, 11:06:08 AM

in conclusion self-predictions or AI-assisted predictions or ChatGPT, it's just a way to get closer to our luck.

even though in the end the result we will receive is only luck or unlucky but if we have a prediction in any way it is the same as we have an effort to chase luck. it's much better than just being silent and betting without predictions like not having any approach with luck.

But we have this inherent curiosity that makes us want to look if there are available methods to win in gambling, remember we are all attracted to martingale the first time we've read about it, the logic is good but the application is bad, I'm sure people who are into gambling will try these AI's to help them in their campaign to win in gambling, we'll just see in the long run if the majority of gamblers are successful in using these AI's in their campaign in gambling.
Maybe after a year, we'll have data but I'm pretty sure it's not really that reliant to integrate into our gambling betting.

KTChampions

legendary

Activity: 2478

Merit: 1951

Leading Crypto Sports Betting & Casino Platform

Quote from: FanEagle on March 17, 2023, 10:16:52 AM

This new "AI" interest that people have is beyond my understanding and why that happens is beyond me. I know that we are going to see a lot better stuff that we haven't been able to do before this day, and those type of developments do make people hyped but we had other developments before as well.

Right now, it is not as good as you imagine, it is polished for you the end user and that is why you think it is good but at the hands of bad people (or just people who know what they are doing) it could always end up saying things that are changing more than you know. This is why it is not there yet, this could be hurting people more than we imagine if it ever gets too big.

Such are the risks of any technology that changes the world - it can be used for both good and evil. In view of progress, humanity is getting its hands on more and more powerful technologies and the possibilities of humanity as a species are becoming ever larger. Objectively speaking, it seems to me that it is beneficial - when I look back, I see that it used to be worse.

BobK71

hero member

Activity: 2128

Merit: 658

Leading Crypto Sports Betting & Casino Platform

Quote from: Cantsay on March 15, 2023, 07:00:30 PM

Has anyone here tried to use the newly released chatGPT-4 to try to predict a match?

I'm curious to know how this version works if it still refuses to predict matches or has been upgraded. I read it can even generate and interpret the content of an image, unlike the previous version.
I know AI shouldn't be relied on for predictions but for curiosity's sake, I just want to know how it works.

I didn't try to get any predictions yet. Because I know gambling can be just an emotional thing. But it has one advantage that is it gives a result by analyzing a lot of data. Which is not possible to analyze in short period of time. Especially for those who do sports betting, it is not possible to know the current condition of the player, the condition of the field etc. Moreover, any big team can easily lose to comparatively weaker team. So in this regard AI should not be used for prediction.

FanEagle

legendary

Activity: 3066

Merit: 1129

This new "AI" interest that people have is beyond my understanding and why that happens is beyond me. I know that we are going to see a lot better stuff that we haven't been able to do before this day, and those type of developments do make people hyped but we had other developments before as well.

Right now, it is not as good as you imagine, it is polished for you the end user and that is why you think it is good but at the hands of bad people (or just people who know what they are doing) it could always end up saying things that are changing more than you know. This is why it is not there yet, this could be hurting people more than we imagine if it ever gets too big.

molsewid

hero member

Activity: 2170

Merit: 530

Quote from: klidex on March 17, 2023, 10:06:08 AM

True, that AI can be used as a consideration of our predictions and completely depend on our own decisions.
Until now, AI is still the pros and cons in several chats and some think that AI can help predict gamblers, but some are still doubtful.
But we don't know what will happen in the future, whether AI or Chatgpt will carry out developments in the future that can make predictions more accurate, but it seems unlikely.

I recently used this AI and I can say that yes that are still bugs but the tool is already useful. I am not yet sure if it can predict 100% but then if this AI is being programmed to predict these results then I am very sure that casinos has their own counter for this thing they have their own algorithm , there will be some build order in every app and I am sure they will prevent this thing so that it will still fair and square to everyone.

klidex

hero member

Activity: 1498

Merit: 504

Quote from: Fredomago on March 16, 2023, 10:59:13 AM

Quote from: Betwrong on March 14, 2023, 06:03:06 AM

Quote from: Fredomago on March 12, 2023, 09:42:14 AM

~ Generalizing the factors then I can say that the chance is still the same, as we will evaluate those data and this information that AI will provide, though AI got the advantages in terms of analysing much wide information against human intellectual capabilities, but in terms of decision making, it's still best to sort all the information and decide according to how you understand the game.

There are differences, but in the final decision making, it's still trustable to use your own knowledge instead of leaning from AI recommendations.

You shouldn't rely on AI completely, that's for sure, but it is still not known whether using our knowledge is better than AI's recommendations. If we knew everything and were always right, then asking AI about something would be pointless, I agree. But the thing is that we know from our own experience that we are often wrong in making decisions. Too often to rely only on our knowledge or on our feeling what to do. We need a support, and AI can provide us with that support.

Same with how I define my side, data that being provided by AI can be used as a good basis, and if you see that your perceptions together with AI's analysis showing good potentials then why bother to spare some portion of your bankroll and wait if how the outcome will be, either it will support your knowledge and win or the other way around.

Again, the decision will depend on how a gambler sees the opportunity, using AI or not to use it will be on your own take.

True, that AI can be used as a consideration of our predictions and completely depend on our own decisions.
Until now, AI is still the pros and cons in several chats and some think that AI can help predict gamblers, but some are still doubtful.
But we don't know what will happen in the future, whether AI or Chatgpt will carry out developments in the future that can make predictions more accurate, but it seems unlikely.

kamvreto

legendary

Activity: 1974

Merit: 1157

MAaaN...!! CUT THAT STUPID SHIT

Quote from: LUCKMCFLY on March 17, 2023, 08:57:34 AM

Quote from: livingfree on March 04, 2023, 04:40:07 PM

Regards to gambling, there's no doubt that human intelligence is still the best thing to rely on.

You can't just ask an AI that haven't gambled yet but soon we might see these developers start to include that with AI activities and they'll gamble on their own.

As you've mentioned, it's still learning and soon everything we do including gambling, they'll also have time to cover that with whatever is gonna be asked on them. We'll never know if that time comes, it could be scary or not.

Well, you're right, I don't know how advanced the AI is with respect to predictions, but it's a matter of time before they can do something with more reliability,I don't know if they can achieve precision, but it's very difficult for them to manage it, but it's as you say, if they achieve something like that, it might be scary because an AI could not only predict bets in casinos, it could be used to predict events, or even the fate of many people with the data provided, this is something that can happen, but for now it is very far from achieving it,at the moment trusting an AI for these things is not good,it would be very feasible to lose money.

It is very risky to entrust your luck through AI. The predictions made by AI on gambling refer to a lot of data and several influencing factors. For example, in a match, Ai can make predictions by reading team data, weather, and other data, so some predictions will be given what could happen. But it won't be accurate enough, it's just a prediction made by an AI robot. and predictions can only be made on sports gambling that refers to a lot of data, and not on other gambling games. You need to remember again, relying on AI will only provide new risks, every gamble has an element of luck and everyone has it so no technology can predict luck.

Topic: [POLL] Using AI to predict outcomes - page 33. (Read 10120 times)