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Topic: What is the biggest problem you think AI can fix in gambling - page 4. (Read 527 times)

hero member
Activity: 2128
Merit: 655
Leading Crypto Sports Betting & Casino Platform
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.
hero member
Activity: 2366
Merit: 594
Improved security and prevent cheating in the game though right now it is difficult to cheat but hacking or exploiting casino has a possibility now that is why AI can predict or check and patch it immediately if found one though the scary part is that those hacker will be using also an AI to exploit it. AI can also easily predict those gambler that is going to be addicted to in which they can prevent it and stop those gambler to play and preventing him to get addicted to gambling.
hero member
Activity: 952
Merit: 662
AI can give a false positive result and a fraudster can find a loophole of the AI system, so he can trick the AI system. So it's mean a real human need to crosscheck all the security and KYC alone, because the result from the AI system isn't a final result.

If AI can't give an accurate final result, how it's really help the gambling industry? it just wasting time and spend more money because they need to develop the current AI system from time to time.
legendary
Activity: 2814
Merit: 1112
Leading Crypto Sports Betting & Casino Platform
What else do you think a gambling casino can benefit from using AI technology?
AI is still in its early stages, so there will still be a lot of development that will continue to be carried out so that it can facilitate many activities that are usually done by humans, and if in its development there will be technology that uses AI to be able to detect fraud in online casinos then it is very possible for casinos to adapt it so that when there is accusation from players casino can exactly give reasons. But for now we will probably only see AI being used for the basics and one that AI will be able to do and eventually replace humans is the dealer at table games and the dealer will have the ability to detect player patterns so this will be a disadvantage for the player and an advantage for casinos.
hero member
Activity: 2800
Merit: 595
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Ais can be employed on fraud detection and suspicious activities that may arouse on user accounts. With machine learning, AIs can easily keep track of the most common and some unusual patterns on accounts that are involved in fraud and suspicious activities. It's one power of an AI developed specifically for one thing: feed it information once, and it will train itself to look for correlations and other links to what you have fed it and bam, your system is secured from one exploit.

But it's important to remember that AI isn't perfect. As people find new ways to cheat, we need to keep updating our security measures and having people watch over everything too, and this is why there will always be a human operator that recognizes human inputs too and feeding it to the AI for learning purposes.

And the users thought they are the ones who can only benefit from the use of AIs. If people will find ways to cheat through an AI or bot, the casino can also use an AI to spot these users, it's going to be fun reading how they'd settle a dispute while they accuse each other.

The thing is that even if they know AIs are not perfect, they have good trust in what they can do. And it's fraud detection can be perfected.
legendary
Activity: 3542
Merit: 1352
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Ais can be employed on fraud detection and suspicious activities that may arouse on user accounts. With machine learning, AIs can easily keep track of the most common and some unusual patterns on accounts that are involved in fraud and suspicious activities. It's one power of an AI developed specifically for one thing: feed it information once, and it will train itself to look for correlations and other links to what you have fed it and bam, your system is secured from one exploit.

But it's important to remember that AI isn't perfect. As people find new ways to cheat, we need to keep updating our security measures and having people watch over everything too, and this is why there will always be a human operator that recognizes human inputs too and feeding it to the AI for learning purposes.
copper member
Activity: 2268
Merit: 539
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Gambling is a technique where you make money using luck and some skills. I feel like AI is completely useless if we think about gambling with AI. I mean when it comes to traditional casino games, anything that can help you win is good seed and luck. So no matter how well an AI knows the game, it can’t help you to win it. Yes AIs can help you to analyse the calculate in sports events, but at the end of the day, your luck and player’s performance will determine where the match will go. So I don’t think AI can really help me to fix any problems that is related to Gambling.
legendary
Activity: 1162
Merit: 2025
Leading Crypto Sports Betting & Casino Platform
What else do you think a gambling casino can benefit from using AI technology?

Since AI is supposed to have lots of stored data and information from various sources around the world, I think almost all problems of gambling casinos can be addressed by its technology, depends though on how good that AI technology is being built.

But for simple cases, for example, AI can direct users right exactly to the most accurate answer that the usual chatbot can't do. It's like users with problems are really talking to a live agent where in fact it's just the AI they are talking with but full of knowledge and useful information.

Well, a little difference I see is that a live agent is likely to have access to the account information of the person in the casino.
I am not sure if the casino staff would think it is good idea to give access to such vast bulk of sensitive information to an AI, in the end, I believe that human beings taking care of small cases will be necessary to avoid even worse incidents, leaks and whatnot.

Artificial intelligence would be acceptable for users to enhance their experience, but when comes to security, account handling and freezing of funds, people should continue to take care of it.
legendary
Activity: 2352
Merit: 1121
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What else do you think a gambling casino can benefit from using AI technology?

Not only can they benefit, but I'm sure they must already be using it to improve their predictions.
Especially in sports betting, where the outcome of the games is very dependent on numerous factors external to what the casino can control, so the best way to improve your predictions is to analyze all these factors to arrive at the best predicted result.

Other than the cheats you mentioned...
Here in Brazil, I have already seen that they are already starting to use AI to identify unusual bets and thus act in advance in cases of manipulation of games that even involve bribery of players.

AI is going to revolutionize the world and betting is certainly not going to be left out of it.
legendary
Activity: 3122
Merit: 1398
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What else do you think a gambling casino can benefit from using AI technology?

Since AI is supposed to have lots of stored data and information from various sources around the world, I think almost all problems of gambling casinos can be addressed by its technology, depends though on how good that AI technology is being built.

But for simple cases, for example, AI can direct users right exactly to the most accurate answer that the usual chatbot can't do. It's like users with problems are really talking to a live agent where in fact it's just the AI they are talking with but full of knowledge and useful information.
hero member
Activity: 2926
Merit: 567


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

Cheating and violations of the gamblers are the only ones I can think of, honestly, casino security measures are almost perfect because they can trace cheaters and violators we don't know much about their security measures but for a casino to operate smoothly they should have everything in place, using an AI to check if their players are also using AI on their sports betting analysis is also another thing.
Casinos have something to worry about if the technology can come out with a perfect AI to analyze the game perfectly, so they can utilize the help of AI to trace if AI will do great in predicting the outcomes. 
legendary
Activity: 2814
Merit: 1192
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.

I don't think we need AI to congratulate winners, or cheer for them. A simple script can do that as well.

What AI can do best is two things. One is calculating odds and house edge if that's not clearly visible for the player. It can also predict the average outcome of the next 100 games in the given casino. This can be good for players, especially newbies and bad for casino owners as it puts all cards on the table, so to speak.
The other thing is going through the internet to find all comments about the casino and its old exploits. If the casino was involved in scamming but made sure this doesn't come up in searches anymore, the AI can still find and validate it.
sr. member
Activity: 1092
Merit: 342
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The utility for an AI in a casino is that, that it can decipher fraud, but from the point of view that the player wants to use AI to win, I do not see it as possible, because the AI does not know everything, but it can develop techniques to than the earnings in an Average player if it rises, Which is a greater competition for the casinos, so if this happens, the advantage of the casino will be greater and for the players who want to use the casino without the AI, they will never win, that is the problem that I see that can happen.
legendary
Activity: 2618
Merit: 1105
SNIP
For example: you want to bet.
Asking Al, who won the match between football clubs A and B, Al must have answered based on inputted data circulating on the internet to answer.

Means: there is no advantage in using Al, if you use solely for betting.
Except: if you use Al only to ask some good gambling sites, popular, etc, it is possible, but can't guarantee 100% accurate.
Remember: Al was created by humans, not humans were created by Al.

That's true because AI can only take into consideration the past performances of two teams that we ask the AI to predict the upcoming game, but as the input is based on past performances, it is said that past performances do not guarantee future results and nobody can predict such accurate results because AI is limited to optimising the data that is produced to it, not what it cannot do - predict anything.
hero member
Activity: 910
Merit: 677
Currently, AI technology is quite booming but of course this is still in the development stage because regardless of anything there are still many conditions where they are also still very difficult and make mistakes and it is quite understandable because they have just been born although in the future there must be real improvements.
Eliminating fraud is still possible but it is also a bit risky to give AI access to a casino especially with their current accuracy. I think it's likely that casinos will continue to wait to see how AI develops as it's far from perfect.
sr. member
Activity: 728
Merit: 421
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?

 Your idea is not a bad one. AI  can be used for such task as you have said. Atleast it will be a relieve and can do more multi task as required of it but you know AI are robots and are not humans so therefore there is every possibility that they might be of outage ie run error. Robots are man made  so therefore 100% correctness can never be guaranteed. Sometimes it can be deployed for such task and sometimes after executing the task, human can do a
physical verification to ascertain the correctness of what the AI has done if there could be any alignment if discovered.
Your point is not a bad one but it must not be left for the AI to do till the final results.
legendary
Activity: 1162
Merit: 2025
Leading Crypto Sports Betting & Casino Platform
The problem I see with Artificial intelligence being used to enhance security on online casinos is the fact that AI can still not be flexible enough to take care of cases which may need human decision making to get them solved.

I recall some user of this forum sharing with us about a case of one of his friends getting locked out his account, because an IP change while trying to log in. It is the kind of thing which could trigger an AI to choose not to give access to someone to their money.

It could case problems if much of the job of humans is left for a machine to take care of, trying to comply with regulators as efficiently as possible  Sad
legendary
Activity: 2422
Merit: 1083
Leading Crypto Sports Betting & Casino Platform
Well, for me, I really don't think casinos need Ai more than they already have it, if there was areas where casinos need Ai to run, I believe the casino would implement the Ai technology even without the gamblers knowing.

For now, I can tell that some casinos have implemented Ai to manage their kyc system, this is why kyc is automatically triggered by the system anytime a gamblers is requesting withdrawal amount that is above the maximum amount the casino normally process for non-kyc users.
legendary
Activity: 2128
Merit: 1775
What else do you think a gambling casino can benefit from using AI technology?
My understanding, generated by AI technology, is as follows.
Quote
The disadvantage of AI is that it cannot learn to think outside the box. AI is able to learn over time with input data and past experiences, but it's hard to think creatively in his approach. An example of this problem is the Quill bot which can write Forbes earnings reports.

In my opinion there is no advantage that can be generated and obtained in using AI in the world of gambling, especially for making bets.
Reason:
Al, can predict and communicate accurately, based on data that has been entered and human experience in online casino games, Al can not create something that has never happened.
For example: you want to bet.
Asking Al, who won the match between football clubs A and B, Al must have answered based on inputted data circulating on the internet to answer.

Means: there is no advantage in using Al, if you use solely for betting.
Except: if you use Al only to ask some good gambling sites, popular, etc, it is possible, but can't guarantee 100% accurate.
Remember: Al was created by humans, not humans were created by Al.
legendary
Activity: 1904
Merit: 1488
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.
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