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Topic: What is the biggest problem you think AI can fix in gambling - page 3. (Read 507 times)

hero member
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AI has bith the good and the bad side it renders but being the center of focus to this discussion on gambling, it's advantages is more than the disadvantages because it can make the overall gambling casino cross check and balance to be effective without any compromise or waste of time, it makes easy and fast detection of any abnormality in gambling either frombthe casino or the gambler's end.
sr. member
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You have mentioned that AI are more capable of cross-checking than humans. Well yes, they probably are, but currently, AI has limitations, they might give an answer which is not what you're really looking for. Humans, on the other hand, can assess better than the AI. It's like AI do the quantity and fast work while people do the quality.

To give my insight about your question, I guess AI can help a lot. User experience, detecting frauds, search for the best platform, you name it, AI can help with that.
legendary
Activity: 1946
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Leading Crypto Sports Betting & Casino Platform
I believe that fraud is the biggest issue that online casinos are facing after settling with the LAW to keep running their businesses, and I believe that the combination of Artificial Intelligence with human assessment will help prevent frauds.

With AI it will be more easier to eliminate frauds and set a stronger level of protection because AI is far more capable of doing the intense cross checking and and more complex security checks, it is a load of work for human to do cross checking themselves as the chance of missing a spot is possible due to tiredness or laziness. All these work load can be shifted to AI and leave the investigation cases to humans to fix.

What else do you think a gambling casino can benefit from using AI technology?

By "fraud" you mean gamblers stealing from casinos, or the casinos stealing from the gamblers? Grin
How exactly do you imagine AI helping fraud prevention? I think that right now, the online casinos are quite secure without AI.
No AI in the world can prevent a casino from scamming the customers. Do you have any idea how AI can be used for preventing a casino from blocking accounts, refusing withdrawals and running away with the gambler's money?
I'm not an expert in this field, but I think that a good software can do really fast cross checking without necessarily being AI.
Many people, who are not-so-tech savvy have this weird perception of AI possessing godlike superpowers and solving all the problems in the world. This is hilarious.
Ponder upon this notion: AI, often seen as the all-powerful superhero of the tech realm, is believed to resolve any issue we face. Yet, truthfully, AI is but an instrument enhancing our lives and addressing select problems. The genuine champions in technology are the creators and users of these tools, holding the keys to transformation and global impact. Instead of AI reliance, we ought to sharpen our skills and intellect for a better world. But let's not dismiss the amusement AI can bring – imagine AI-infused slot machines sharing witty jokes as we place our bets. Now that's a comical vision!
legendary
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I believe that fraud is the biggest issue that online casinos are facing after settling with the LAW to keep running their businesses, and I believe that the combination of Artificial Intelligence with human assessment will help prevent frauds.

With AI it will be more easier to eliminate frauds and set a stronger level of protection because AI is far more capable of doing the intense cross checking and and more complex security checks, it is a load of work for human to do cross checking themselves as the chance of missing a spot is possible due to tiredness or laziness. All these work load can be shifted to AI and leave the investigation cases to humans to fix.

What else do you think a gambling casino can benefit from using AI technology?

I think AI will be used for targeted advertising for the online gambling casinos. Really seems to be the area with the highest potential of psychological abuse as the main goal of any business is to find more clients/customers.

But perhaps they will also use Artificial Intelligence for weeding out bad actors like the underaged, money launderers, cheaters, bug exploiters and so on.

On the client side of things I do not see much improvements except maybe a more comfortable and/or convenient gambling environment.

But there's no stopping the AI transformation so lets wait and see how all of this turns out, whether for better or for worse.... Undecided
legendary
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I have not seen one yet so it's hard to summarize what they can fix and not.
There will be problems at the initial injection of AI, which mostly happens with new features being added in one casino or sports bookie. But I do like to see a beta test or an experiment where someone would do fraud on purpose and if AI could easily pinpoint where it is.
Things that have something to do with mathematics will probably be where they can fix it easily, and inconsistent movements of gamblers with their deposits and withdrawals.
But, it will be a long road before they can perfect a running AI that would do most of the job for them. It is also prone to errors if not handled well.
legendary
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AI can be of great help to prevent fraud and strengthen security so that players and the casino itself will be in a safety net. However, we can’t put all the works into AI knowing its system is still in progress. It’s still best to rely on manual operation and consider AI as a supplementary aid in order to achieve quick result. But I do believe that if AI will be more advanced in the next years, its efficacy and effectiveness will be more observed.

It is true that AI can process information faster and consistent. They can scan through documents to ascertain it's authenticity and so on. But it also good to note that some fraud requires common sense to be dictate. Scammers are very creative and intelligent than the can outsmart these AI by applying certain techniques. Sometimes the same people that invented these AI are the ones that will compromise it's operations.
AI can also cause delay in data processing because of slight human errors that can be easily handle by man. AI might be a very good tool to promote efficiency and protection in the gambling industries but human elements are still needed to check the operations of these machines.
sr. member
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Are you referring to fraud involving casinos themselves or fraud involving gamblers? If it is fraud involving casinos, I think a provably fair feature is good enough for customers to verify themselves whether a game result in a casino is really fair or not. If it is fraud involving gamblers, there will still be manual processes that need to be done. For example, it is necessary to conduct certain steps that AI can't simply perform like requiring KYC or coordinating with authorities. But I think AI is very helpful in initially setting off the alarms.
hero member
Activity: 3052
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With AI it will be more easier to eliminate frauds and set a stronger level of protection because AI is far more capable of doing the intense cross checking and and more complex security checks, it is a load of work for human to do cross checking themselves as the chance of missing a spot is possible due to tiredness or laziness. All these work load can be shifted to AI and leave the investigation cases to humans to fix.

What else do you think a gambling casino can benefit from using AI technology?

I do believe that the integration of AI technology can further strengthen the security features of a gambling website. But there are still some instances where a manual checking with a representative is to be preferred. Relying completely on AI can have its certain drawbacks in which a normal operation of a person handling the business is still superior.

Personally, I would vote that AI be integrated but not on all processes. The technology of AI is still yet to be perfected as of the moment and this can at least apply supplementary rather than mainly.
AI can be of great help to prevent fraud and strengthen security so that players and the casino itself will be in a safety net. However, we can’t put all the works into AI knowing its system is still in progress. It’s still best to rely on manual operation and consider AI as a supplementary aid in order to achieve quick result. But I do believe that if AI will be more advanced in the next years, its efficacy and effectiveness will be more observed.
hero member
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Checking so many documents can be delegated to AI because the scanning process that AI can carry out will help speed things up so that the verification process for each member can also be faster. In addition, during the registration process, AI can also check for the possibility of double account fraud from each customer. Maybe there are even more advantages that can be made by AI technology, especially if it has reached development after development carried out by developers.
legendary
Activity: 3136
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I believe that fraud is the biggest issue that online casinos are facing after settling with the LAW to keep running their businesses, and I believe that the combination of Artificial Intelligence with human assessment will help prevent frauds.

With AI it will be more easier to eliminate frauds and set a stronger level of protection because AI is far more capable of doing the intense cross checking and and more complex security checks, it is a load of work for human to do cross checking themselves as the chance of missing a spot is possible due to tiredness or laziness. All these work load can be shifted to AI and leave the investigation cases to humans to fix.

What else do you think a gambling casino can benefit from using AI technology?

I think AI it is still in its infancy stage despite all the hype whenever I open google,facebook,Linkedin and every other social media there I see people claiming how AI helped them do their job faster.I know AI can do some jobs faster like content writing and something similar but going from there to fix problems in gambling is a big step which I hope one day we truly see AI and human assessment to give a thorough review to gambling sites in order to spot scams which are a big problem in our time.

I also think it can be used to give you all the possible results for example when you use "betting tips today for X vs Y game" and that would save sport bettors a lot of time,they would get their decision faster and who knows maybe even win their bet.The only downside to this is that you don't know what happens during the day,how the formation of the teams change,which player will not play and late minute events which can impact the betting.
hero member
Activity: 2030
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This should have been asked directly on an AI like ChatGPT, it could have got better answer. Well, I did it on their platform and you can check the response of the AI below, these answers are really worth noting but for the meantime I wouldn't rely on AI for anything even on gambling, it's still on early stages.


Quote
AI solutions for gambling.
What problems could AI solve on gambling

AI can potentially solve several problems related to gambling. Some examples include:

2. Identifying problem gamblers: AI can analyze player data to identify those who may be at risk of developing a gambling addiction. This can help operators intervene early and offer resources to prevent problem gambling from becoming more severe.
I doubt if AI would be able to analyze and identify problem gamblers. And supposing it is successful in it, I do not think that there is anything that gambling operators would do that they have not already done to intervene. If you check the online casino websites, they already offer resources, phone numbers, audio-visual materials help people with problem gambling people. Besides, I do not think that these casinos would go ahead to self-exclude customers who have been identified as problem gamblers. It is be fundamentally unethical.
That's what I want to emphasize but I think in the future that will be realized since it's still on infancy stage. It's not about self excluding at all but if somehow they can identify it early then that means a good thing so that it wouldn't be a problem along the way.
hero member
Activity: 700
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The casino can use  AI as an advisor and entertainment for its players. For example, the AI can advise gamblers on game tactics or simply entertain them with conversation and jokes about the casino. The AI can also congratulate gamblers when they win and cheer them on when they lose.

It's not that difficult to code something like this into the casino, if a casino wants to start supplying its users with bad/good Dad jokes they can just easily do it and for the congratulatory part most casinos already have it, the simple "You won, congratulations" is enough for me.

They're still limitations to which AI can perform certain task and implementing an AI into a casino will definitely have some limitations and that might prevent the user from achieving 100% of what they want from an AI. It better to leave AI out of casino as of now maybe with future development they can be added.
hero member
Activity: 1120
Merit: 887
Livecasino.io
This should have been asked directly on an AI like ChatGPT, it could have got better answer. Well, I did it on their platform and you can check the response of the AI below, these answers are really worth noting but for the meantime I wouldn't rely on AI for anything even on gambling, it's still on early stages.


Quote
AI solutions for gambling.
What problems could AI solve on gambling

AI can potentially solve several problems related to gambling. Some examples include:

2. Identifying problem gamblers: AI can analyze player data to identify those who may be at risk of developing a gambling addiction. This can help operators intervene early and offer resources to prevent problem gambling from becoming more severe.
I doubt if AI would be able to analyze and identify problem gamblers. And supposing it is successful in it, I do not think that there is anything that gambling operators would do that they have not already done to intervene. If you check the online casino websites, they already offer resources, phone numbers, audio-visual materials help people with problem gambling people. Besides, I do not think that these casinos would go ahead to self-exclude customers who have been identified as problem gamblers. It is be fundamentally unethical.

What else do you think a gambling casino can benefit from using AI technology?
Sentimental analysis.  AI can be used to carry out sentiment analysis which is the automated process of tagging data according to their sentiment, such as positive, negative and neutral. Because not all games are player by gamblers, these analysis will enable the operators to know which game to discontinue and which game to keep promoting on their platform.
legendary
Activity: 2436
Merit: 1362
I think biggest thing it will achieve is to obvious fair game. Through AI gambling sites can promote that they are the most fair casino, using the most developed ai software ever etc. My personal favorite thing would be this. Other than this, I think AI can help developers to design more useful-enjoyable games. With this being said, it will pull more people/customers and generate more money. In long run I think, casinos may start to develop their AI according to their needs.
sr. member
Activity: 840
Merit: 292
Prediction is the most necessary things for a gambler in gambling. But it is not possible to get any reliable suggestion from this AI in that regard. But if I can use AI to research or check information and data then it will be able to give me reliable information in less time. In this regard a gambler has to spend a lot of time and putting all the factors together is very complicated to get a result manually. So AI can give maximum advantage to a gambler in all these aspects.
AI can help both parties but as we know that AI is not perfectly made for this - to detect faults or violations with the casino players. Cheaters will find ways to skip this situation and using AI might be detected, so they'll use another technology. These frauds and cheating can't be stopped no matter what these casino owners do. And the only they can do is become vigilant in all activities that players have been in because not all become successful with their plan and so do these AIs.

    -    As far as I know, AI is still in the experimentation stage, so we can notice that it has already had V1 up to V4. Because they still know what is missing.

But when they have perfected it, it's not really vague and it's not impossible that AIs will replace the jobs of ordinary people, so instead of getting excited, you should know what AI is so that it doesn't become everything.
sr. member
Activity: 2828
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Prediction is the most necessary things for a gambler in gambling. But it is not possible to get any reliable suggestion from this AI in that regard. But if I can use AI to research or check information and data then it will be able to give me reliable information in less time. In this regard a gambler has to spend a lot of time and putting all the factors together is very complicated to get a result manually. So AI can give maximum advantage to a gambler in all these aspects.
AI can help both parties but as we know that AI is not perfectly made for this - to detect faults or violations with the casino players. Cheaters will find ways to skip this situation and using AI might be detected, so they'll use another technology. These frauds and cheating can't be stopped no matter what these casino owners do. And the only they can do is become vigilant in all activities that players have been in because not all become successful with their plan and so do these AIs.
hero member
Activity: 3094
Merit: 929
I believe that fraud is the biggest issue that online casinos are facing after settling with the LAW to keep running their businesses, and I believe that the combination of Artificial Intelligence with human assessment will help prevent frauds.

With AI it will be more easier to eliminate frauds and set a stronger level of protection because AI is far more capable of doing the intense cross checking and and more complex security checks, it is a load of work for human to do cross checking themselves as the chance of missing a spot is possible due to tiredness or laziness. All these work load can be shifted to AI and leave the investigation cases to humans to fix.

What else do you think a gambling casino can benefit from using AI technology?

By "fraud" you mean gamblers stealing from casinos, or the casinos stealing from the gamblers? Grin
How exactly do you imagine AI helping fraud prevention? I think that right now, the online casinos are quite secure without AI.
No AI in the world can prevent a casino from scamming the customers. Do you have any idea how AI can be used for preventing a casino from blocking accounts, refusing withdrawals and running away with the gambler's money?
I'm not an expert in this field, but I think that a good software can do really fast cross checking without necessarily being AI.
Many people, who are not-so-tech savvy have this weird perception of AI possessing godlike superpowers and solving all the problems in the world. This is hilarious.
hero member
Activity: 1022
Merit: 667
Top Crypto Casino
AI usage for support on casinos can help just like what we already had with some casinos using bots to communicate with their clients on some basic issues before handing them over to the security team if the bot can provide all the needed answers for ops, and if you check bot performance it can easily be detected because in most cases their answers are not precise and they're generated by recycling old and new answers that have a similar meaning to what the present question is.

-So AI usage on gambling site are limited to answering, frequently asked questions.
full member
Activity: 1106
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I believe that fraud is the biggest issue that online casinos are facing after settling with the LAW to keep running their businesses, and I believe that the combination of Artificial Intelligence with human assessment will help prevent frauds.

With AI it will be more easier to eliminate frauds and set a stronger level of protection because AI is far more capable of doing the intense cross checking and and more complex security checks, it is a load of work for human to do cross checking themselves as the chance of missing a spot is possible due to tiredness or laziness. All these work load can be shifted to AI and leave the investigation cases to humans to fix.

What else do you think a gambling casino can benefit from using AI technology?
the emergence of AI really replaces some human jobs because I see human-based customer service has a slow response and is not effective in providing answers to consumers, and AI is very suitable for adoption by gambling sites to handle tens of thousands of their customers (complaints) around the world.

currently, the world's big technology companies continue to develop AI and i'm sure that in the future AI will become very perfect and be able to complete all the heavy work that humans cannot solve effectively, quickly, and precisely.
hero member
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Leading Crypto Sports Betting & Casino Platform
I believe that fraud is the biggest issue that online casinos are facing after settling with the LAW to keep running their businesses, and I believe that the combination of Artificial Intelligence with human assessment will help prevent frauds.

With AI it will be more easier to eliminate frauds and set a stronger level of protection because AI is far more capable of doing the intense cross checking and and more complex security checks, it is a load of work for human to do cross checking themselves as the chance of missing a spot is possible due to tiredness or laziness. All these work load can be shifted to AI and leave the investigation cases to humans to fix.

What else do you think a gambling casino can benefit from using AI technology?

I'm not a casino operator but casinos are already implementing a sort of AI to track cheaters, violators, and rule breakers, if not how would they track these cheaters and violators, these AI can enhance the security measures of casinos more, so only the real cheaters are disabled and block because I have seen gamblers swearing to high heaven that they did not break any rule but upon checking by mediators they agreed that the casino is right in marking it as violators because of the supplied evidence
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