[POLL] Using AI to predict outcomes - page 57.

KTChampions

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Quote from: OgNasty on January 05, 2023, 05:11:22 PM

I still haven’t tried this out yet to see how it could work, but I do like all the discussion surrounding it. Personally, I don’t see why using AI would be any different than betting with a newsletter or following someone else’s picks. Who knows, maybe AI would be better. Without trying it out it’s hard to say, but next time I’m messing with ChatGPT I’m definitely going to give it a little test.

If AI is able to improve the accuracy of forecasts, then this is bad news, especially for bettors, because the most advanced AI will be in exclusive access to bookmakers and not to players. Even if a perfect AI appears that is equally accessible to both bookmakers and players, it will be a disadvantage for the players: bookmakers will simply increase their margin. No publicly available tool will give you the opportunity to make money against the market. I think it's obvious.

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Quote from: Oilacris on January 05, 2023, 04:59:33 PM

Quote from: darkangel11 on January 05, 2023, 04:04:15 PM

Quote from: karabiber on January 05, 2023, 07:48:04 AM

Betting can be made using predictions generated by artificial intelligence systems or bets can be placed using automated betting bots managed by artificial intelligence systems. But i would never want the AI to decide on the bets. Because all the ambiance of betting would be lost. AI has no feelings or interests. If i bet with artificial intelligence, i cannot experience the excitement, calculations and ambition i experience while betting. Traditionally, i would continue to gamble and so i voted no.

AI has to depend on the data, it doesn't randomize. This means that it would try to do research and weigh people's opinions, bets placed, interviews with players and teams and draw a conclusion from it.
You can do the same thing if you want or go with your gut feeling but I'm positive that the AI would always choose the stronger team to bet on. It would never go for the underdog because statistics tells it that the team that has 70% to win should be chosen, right? This means that in the last FIFA World Cup it would bet on Belgium vs Morocco, and about 90% of bets in that match was for Belgium, but it lost.

For sure the bot or Ai would really be choosing on who does have that higher rating in terms of paper stats or something like this on which it isnt something that you could really rely.AI's are relying into

such information which did happen in the past and it wouldnt be able to caught up with the current or recent events which they would be automatically be able to put it into their library or database.
upsets could really happen and there's no one whether a human or ai could able to predict these scenarios or situations which it isnt really something that you could
handle it out.

Nothing but to agree with your statement, upset is always present in any sports and even with the help of AI we really can't tell when upset will take place, in regard to how AI will work I also agree that they will base their judgment with how the team or players being written from the paper stats which it will be based from the past plays and games that they've got.

We can't tell how accurate AI can be but the advantage that I can see is if you are a fan of basing your judgements with the advantages of your selected players or teams then AI can help you to lessen the research, it will save you time in doing it with the help of AI.

OgNasty

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I still haven’t tried this out yet to see how it could work, but I do like all the discussion surrounding it. Personally, I don’t see why using AI would be any different than betting with a newsletter or following someone else’s picks. Who knows, maybe AI would be better. Without trying it out it’s hard to say, but next time I’m messing with ChatGPT I’m definitely going to give it a little test.

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Quote from: darkangel11 on January 05, 2023, 04:04:15 PM

Quote from: karabiber on January 05, 2023, 07:48:04 AM

Betting can be made using predictions generated by artificial intelligence systems or bets can be placed using automated betting bots managed by artificial intelligence systems. But i would never want the AI to decide on the bets. Because all the ambiance of betting would be lost. AI has no feelings or interests. If i bet with artificial intelligence, i cannot experience the excitement, calculations and ambition i experience while betting. Traditionally, i would continue to gamble and so i voted no.

AI has to depend on the data, it doesn't randomize. This means that it would try to do research and weigh people's opinions, bets placed, interviews with players and teams and draw a conclusion from it.
You can do the same thing if you want or go with your gut feeling but I'm positive that the AI would always choose the stronger team to bet on. It would never go for the underdog because statistics tells it that the team that has 70% to win should be chosen, right? This means that in the last FIFA World Cup it would bet on Belgium vs Morocco, and about 90% of bets in that match was for Belgium, but it lost.

For sure the bot or Ai would really be choosing on who does have that higher rating in terms of paper stats or something like this on which it isnt something that you could really rely.AI's are relying into

such information which did happen in the past and it wouldnt be able to caught up with the current or recent events which they would be automatically be able to put it into their library or database.
upsets could really happen and there's no one whether a human or ai could able to predict these scenarios or situations which it isnt really something that you could
handle it out.

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Quote from: karabiber on January 05, 2023, 07:48:04 AM

Betting can be made using predictions generated by artificial intelligence systems or bets can be placed using automated betting bots managed by artificial intelligence systems. But i would never want the AI to decide on the bets. Because all the ambiance of betting would be lost. AI has no feelings or interests. If i bet with artificial intelligence, i cannot experience the excitement, calculations and ambition i experience while betting. Traditionally, i would continue to gamble and so i voted no.

AI has to depend on the data, it doesn't randomize. This means that it would try to do research and weigh people's opinions, bets placed, interviews with players and teams and draw a conclusion from it.
You can do the same thing if you want or go with your gut feeling but I'm positive that the AI would always choose the stronger team to bet on. It would never go for the underdog because statistics tells it that the team that has 70% to win should be chosen, right? This means that in the last FIFA World Cup it would bet on Belgium vs Morocco, and about 90% of bets in that match was for Belgium, but it lost.

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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?

Essentially this is all the big sports betting companies are doing to make their own predictions which they offer players, but I suspect they have a lot more data points and have figured out the most relevant ones for each bet. However it might be interesting to see more socially driven betting questions like who do you think will become the next President or Prime Minister, it's just I'm not sure how up to date or contextual the answers will be. You'd expect the casinos and sportbooks to already be factoring this in, they'll always have that profit buffer added in and may just expand it if they think that players are somehow getting an advantage over them. It's a very interesting idea for the future though as it strips a lot of emotion or unrelated facts from the equation that might muddle up the person placing the bet.

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Quote from: sunsilk on January 05, 2023, 05:34:08 AM

Quote from: milewilda on January 04, 2023, 04:33:56 PM

Quote from: sunsilk on January 04, 2023, 03:55:20 PM

I have seen people asked that AI with mathematical questions but with some logic for it to be answered and I'd say that it failed.

That's why if it's about sportsbetting and predictions, you can't wholly trust your decision into it. But if it's just for fun, you've got all what it takes for you to ask it but don't expect that it will be the result.

You would also notice out that those responses are purely just generic ones which its not that surprising and you are right that there are people who do trying out to test out these AI's for making out some bets
basing on what they do recommend but its true that it isnt something reliable for you to depend on.WHen it comes to logic things then it isnt something that would really be that recommended.
For the sake of testing out due to curiosity then you would be finding out for yourself and its impossible that you wont notice out about the responses been given.

Yeah, that's what I've seen, about logical things it may not that accurate at all. But I guess in other aspects and niches, this is going to be helpful to them.

Well, those that have tried to asked it and followed its betting predictions, there might be some bad and good stories about it but I'm not going to follow what it says if it's about my bet.

It was proven that the AI advice isn't accurate and most of it is just a random guess. No way can an AI predict a future outcome of a sports event since it won't have any control over the possible happenings in that sport.

We can use @Bitdane shared youtube video as concrete proof that AI is just giving us random answers and isn't 100% accurate, the stream shows lots of wrong calculations that end up in losses. Though the streamer had fun I bet he will never do that again if not for the channel's streaming purposes.

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Quote from: sunsilk on January 05, 2023, 05:34:08 AM

Quote from: milewilda on January 04, 2023, 04:33:56 PM

Quote from: sunsilk on January 04, 2023, 03:55:20 PM

I have seen people asked that AI with mathematical questions but with some logic for it to be answered and I'd say that it failed.

That's why if it's about sportsbetting and predictions, you can't wholly trust your decision into it. But if it's just for fun, you've got all what it takes for you to ask it but don't expect that it will be the result.

You would also notice out that those responses are purely just generic ones which its not that surprising and you are right that there are people who do trying out to test out these AI's for making out some bets
basing on what they do recommend but its true that it isnt something reliable for you to depend on.WHen it comes to logic things then it isnt something that would really be that recommended.
For the sake of testing out due to curiosity then you would be finding out for yourself and its impossible that you wont notice out about the responses been given.

Yeah, that's what I've seen, about logical things it may not that accurate at all. But I guess in other aspects and niches, this is going to be helpful to them.

Well, those that have tried to asked it and followed its betting predictions, there might be some bad and good stories about it but I'm not going to follow what it says if it's about my bet.

For sure it would really be having those different stories because there would be people whom do find out that it was effective and working but most of the time then it would be sure that it wouldnt be something that
you could rely on.Its really just indeed the real thing that if these things were effective on the first place then lot or all of bookies and platforms would really file up some bankruptcy since lots would really be
milking out these places and this do proves out that it cant just be possible.It is really just on someones choice whether they would be using it or not.

karabiber

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Betting can be made using predictions generated by artificial intelligence systems or bets can be placed using automated betting bots managed by artificial intelligence systems. But i would never want the AI to decide on the bets. Because all the ambiance of betting would be lost. AI has no feelings or interests. If i bet with artificial intelligence, i cannot experience the excitement, calculations and ambition i experience while betting. Traditionally, i would continue to gamble and so i voted no.

sunsilk

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Quote from: milewilda on January 04, 2023, 04:33:56 PM

Quote from: sunsilk on January 04, 2023, 03:55:20 PM

I have seen people asked that AI with mathematical questions but with some logic for it to be answered and I'd say that it failed.

That's why if it's about sportsbetting and predictions, you can't wholly trust your decision into it. But if it's just for fun, you've got all what it takes for you to ask it but don't expect that it will be the result.

You would also notice out that those responses are purely just generic ones which its not that surprising and you are right that there are people who do trying out to test out these AI's for making out some bets
basing on what they do recommend but its true that it isnt something reliable for you to depend on.WHen it comes to logic things then it isnt something that would really be that recommended.
For the sake of testing out due to curiosity then you would be finding out for yourself and its impossible that you wont notice out about the responses been given.

Yeah, that's what I've seen, about logical things it may not that accurate at all. But I guess in other aspects and niches, this is going to be helpful to them.

Well, those that have tried to asked it and followed its betting predictions, there might be some bad and good stories about it but I'm not going to follow what it says if it's about my bet.

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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?

Talking about chatgpt and gambling decisions, I happen to stumble a stream on Youtube making use of chatgpt to make a decision for his gambling activity. He asked chatgpt to create a program that will advice him of his decision on his gambling stream session.

It is kinda interesting because at the early part of the stream, the first two suggestion of the bot created in chatgpt gives him a good win but later, the suggestion of bot leads him to a massive loss. If you are interested on the video link, you can check here: I LET AI CHOOSE HOW I PLAY & IT MADE ME RICH!!... AI IS THE FUTURE!! (HypeDrop). The title is somehow a clickbait but I was amazed on how flexible chatgpt is. I find the video educational since it shows the initial process of the program setup.

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Quote from: Shinpako09 on January 04, 2023, 06:22:19 PM

Nah, I won't trust an AI to pick on sports betting. If it were that easy. The majority should be making money now from sportsbetting which can lead to the bankruptcy of casinos, but it is not. That is enough to prove that you can not depend your bet in AI. I'd rather do my research and used my own instinct which is always a better thing to do.

Casino or Sports book businesses would really be shutting that AI if ever it would really be that effective on making it use on the games that they are offering.Its just common sense that it doesnt really work.
If ever someone do make use of it and turns out to be a win then its just on pure chance and cant solidify nor able to prove out that it does work.Just the rest been saying that if you are really that curious
on how it looks or on how it would result.It would be better if you do rely with your own knowledge when it comes to betting and it would be finding more enjoyable and entertaining.

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Nah, I won't trust an AI to pick on sports betting. If it were that easy. The majority should be making money now from sportsbetting which can lead to the bankruptcy of casinos, but it is not. That is enough to prove that you can not depend your bet in AI. I'd rather do my research and used my own instinct which is always a better thing to do.

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Quote from: sunsilk on January 04, 2023, 03:55:20 PM

I have seen people asked that AI with mathematical questions but with some logic for it to be answered and I'd say that it failed.

That's why if it's about sportsbetting and predictions, you can't wholly trust your decision into it. But if it's just for fun, you've got all what it takes for you to ask it but don't expect that it will be the result.

Quote from: Cookdata on January 04, 2023, 03:26:21 PM

I don't know from for sure how AI bots work and how their algorithm are designed but ChatGBT isn't connected to the internet, so most of its contents and responses are from past years, it doesn't include recent events and if AI bots works in that manner

It's connected to internet thus, it can answer almost everything. But it's an AI, automated responses but not all what it says are accurately correct.

You would also notice out that those responses are purely just generic ones which its not that surprising and you are right that there are people who do trying out to test out these AI's for making out some bets
basing on what they do recommend but its true that it isnt something reliable for you to depend on.WHen it comes to logic things then it isnt something that would really be that recommended.
For the sake of testing out due to curiosity then you would be finding out for yourself and its impossible that you wont notice out about the responses been given.

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Even though there are some terrible outcomes of this, and maybe it won't work at all yet I have to say that it could potentially be better than most people. Not because AI would be great, it is not great and it only checks the data given to it and could wager accordingly, but that doesn't mean that it is going to be 100% right, of course it could lose, but I have seen people who leave millions on the table when gambling, compared to those people it could still be better.

I wouldn't trust it myself, I would rather gamble on what I gamble and not what a software tells me to gamble but I can definitely name a few people who should, at least it won't lose as much as them.

sunsilk

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I have seen people asked that AI with mathematical questions but with some logic for it to be answered and I'd say that it failed.

That's why if it's about sportsbetting and predictions, you can't wholly trust your decision into it. But if it's just for fun, you've got all what it takes for you to ask it but don't expect that it will be the result.

Quote from: Cookdata on January 04, 2023, 03:26:21 PM

I don't know from for sure how AI bots work and how their algorithm are designed but ChatGBT isn't connected to the internet, so most of its contents and responses are from past years, it doesn't include recent events and if AI bots works in that manner

It's connected to internet thus, it can answer almost everything. But it's an AI, automated responses but not all what it says are accurately correct.

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Quote from: Cookdata on January 04, 2023, 03:26:21 PM

I don't know from for sure how AI bots work and how their algorithm are designed but ChatGBT isn't connected to the internet, so most of its contents and responses are from past years, it doesn't include recent events and if AI bots works in that manner, it will be a suicide if you wager your money on these BOTS as it wouldn't be able to optimize updates in its database, all your predictions will be on past events.

Using a bots will only complicate ones life, look at even bot bitcoin trading, they don't yield like the way human make profits, I believed the same goes with gambling. Human makes mistakes but bots would only complicate ones life of we use them for predictions of events.

Why people cant really realize these things and been still minding to be reliant with these AI's considering that their arent something that you could really assure out that it would be effective.
Just like been said that informations that would shown out would be definitely basing up into those human inputs into its library which there's no sense for you to rely on something
which is really basing up on what these things had been put up into.It could self learn but it would be just focusing into those past events just like what you said
and couldnt make out direct integration on recent or future events.

Cookdata

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I don't know from for sure how AI bots work and how their algorithm are designed but ChatGBT isn't connected to the internet, so most of its contents and responses are from past years, it doesn't include recent events and if AI bots works in that manner, it will be a suicide if you wager your money on these BOTS as it wouldn't be able to optimize updates in its database, all your predictions will be on past events.

Using a bots will only complicate ones life, look at even bot bitcoin trading, they don't yield like the way human make profits, I believed the same goes with gambling. Human makes mistakes but bots would only complicate ones life of we use them for predictions of events.

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Quote from: CryptoHeadlineNews on December 23, 2022, 01:38:28 PM

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?

Moreover, using artificial intelligence sometimes can give a better chance of winning when it comes to football, basketball and MMA prediction, simply because of it's access to a vest variety of data source needed to compare and contrast using previous head to head match results in all games mentioned above. But not all gambling games will this A.I be useful for, example slots and American roulette that has to do with luck.

Maybe A.I can be more profitable for sports betting because they can collect the data we need faster.
But at least we still have to collect supporting data from places we are used to comparing the two data.
Thus, we will probably be able to get more valid information and our predictions will also increase.
But maybe now A.I technology still needs to be developed better to really help us collect that data.

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Quote from: nullama on December 27, 2022, 11:04:57 AM

Quote from: Betwrong on December 27, 2022, 10:26:05 AM

~snip~
No, of course it doesn't mean that. Especially regarding this particular AI that OP is talikng about, ChatGPT. Unfortunately it has a "knowledge cutoff". Read its reply to a question about current events:

So, I think using it for sports betting would be pretty much pointless.

Well, I'm not so sure that all the bookies are using absolutely up to date information about every single match around the world.

Also, sometimes teams don't face each other in years, so the odds wouldn't change that often.

I think it's a useful thing to use in certain scenarios, and I'm sure it can produce better odds than some betting companies in specific situations.

What are you talking about, mate?

Seriously, have you ever done sports betting yourself?

It's impossible to predict the outcome without the latest information regarding the medical condition of the athletes, their performance in the recent games, possible replacement of the coach or some players from the competing teams etc. Even weather forecast can be a factor.

If AI is not connected to the internet, its predictions about the outcomes can be worse than just some random picks.

Topic: [POLL] Using AI to predict outcomes - page 57. (Read 10120 times)