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Economy => Gambling discussion => Topic started by: GreatArkansas on December 22, 2019, 01:36:38 AM



Title: Simulation/Machine Learning Effects on Gambling
Post by: GreatArkansas on December 22, 2019, 01:36:38 AM
I am a little bit curious about this because  my boss just told me last week that on their country, they have tools maybe software that predicts or simulate the horse racing game (not sure if this is an A.I.).
He said most of the people using that kind of tool/servce are winning a huge profits.
This thing is just like, you don't need to analyze or think anymore, you will just place your bet.

Here's the questions,
Is this really possible on gambling(any form)?
It is not illegal?


Title: Re: Simulation/Machine Learning Effects on Gambling
Post by: maydna on December 22, 2019, 02:40:49 AM
I am a little bit curious about this because  my boss just told me last week that on their country, they have tools maybe software that predicts or simulate the horse racing game (not sure if this is an A.I.).
He said most of the people using that kind of tool/servce are winning a huge profits.
This thing is just like, you don't need to analyze or think anymore, you will just place your bet.

Here's the questions,
Is this really possible on gambling(any form)?
It is not illegal?

I guess that is something similar to A.I or it is A.I. I am not sure if the software can predict 100% of winning on the horse racing game because the horse is an animal that is alive. I wonder how the software collected the data because we don't know if that horse can win or not. But if there is a detector which is installed in the horse body so we can detect some information, then I think that it could be possible to know which horse will win. But that is impossible to do that as we cannot applying to all horses.

For illegal or not, I don't know, but perhaps, in the beginning, using that software will no problem, but then if most gamblers use that software and they can win, I guess that using the software will be prohibited.


Title: Re: Simulation/Machine Learning Effects on Gambling
Post by: bering on December 22, 2019, 03:23:16 AM
Basically i don't believe prediction for gambling results from particular games because eventually all of gambling results is in our hands which mean depend on our luck and if those simulation machine always be correct to predict upcoming winner i think possible there was people who manipulated the race results so this will be no legal but if those machine only can predict at least 50% the correct results or less from every race then possibly it is valid machines because maybe the machine only to used to analyzed for each races


Title: Re: Simulation/Machine Learning Effects on Gambling
Post by: Wexnident on December 22, 2019, 04:37:20 AM
It's possible or can be used, and yes it can be called illegal. Even though it doesn't have a 100% accuracy, it still helps the user calculate the best odds possible. Humans can't compute thousands of calculations in a moment, but machines can. Through rigorous process of countless of analysis and repetitive data gathering, AI's could potentially get the right answer in a short amount of time, the right answer with the highest amount of chance of winning anyway. This already surpasses the bounds of what a User COULD do as a gambler, and really, defeats the fun in gambling.


Title: Re: Simulation/Machine Learning Effects on Gambling
Post by: Mometaskers on December 22, 2019, 07:03:11 AM
I don't know it this counts as AI but there was one guy that actually used a program on the Hong Kong horse racing scene and made plenty of money accurately predicting the outcomes. To be fair he spent years doing research to perfect his algorithm so I think he deserve to profit from it.

There are also already software that can recognize card hands and compute for the best action based on the probability of cards coming up from the deck. Have that on a smart glass and you pretty much improve your chance of winning.

You can look up the videos on Youtube, that's where I found these. I think online gamblers can benefit the most from AI, at least the one involving card games. There's no one monitoring that will kick them out if they suspected counting cards.

It's possible or can be used, and yes it can be called illegal. Even though it doesn't have a 100% accuracy, it still helps the user calculate the best odds possible. Humans can't compute thousands of calculations in a moment, but machines can. Through rigorous process of countless of analysis and repetitive data gathering, AI's could potentially get the right answer in a short amount of time, the right answer with the highest amount of chance of winning anyway. This already surpasses the bounds of what a User COULD do as a gambler, and really, defeats the fun in gambling.

There are people who only care about winning and you'd end up losing to those since they'd have no qualms using these methods.


Title: Re: Simulation/Machine Learning Effects on Gambling
Post by: Ucy on December 22, 2019, 09:03:34 AM
I am a little bit curious about this because  my boss just told me last week that on their country, they have tools maybe software that predicts or simulate the horse racing game (not sure if this is an A.I.).
He said most of the people using that kind of tool/servce are winning a huge profits.
This thing is just like, you don't need to analyze or think anymore, you will just place your bet.

Here's the questions,
Is this really possible on gambling(any form)?
It is not illegal?

I wouldn't be surprised if services like that exist but I doubt they will be very accurate.  And I guess this would be expensive to run, depending on how accurate it is. Such software/AI will likely be continously fed lots of quality data to be able to make good predictions.

Making good prediction doesn't sound illegal to me.


Title: Re: Simulation/Machine Learning Effects on Gambling
Post by: youdacapt on December 22, 2019, 09:59:40 AM
It's possible or can be used, and yes it can be called illegal. Even though it doesn't have a 100% accuracy, it still helps the user calculate the best odds possible. Humans can't compute thousands of calculations in a moment, but machines can. Through rigorous process of countless of analysis and repetitive data gathering, AI's could potentially get the right answer in a short amount of time, the right answer with the highest amount of chance of winning anyway. This already surpasses the bounds of what a User COULD do as a gambler, and really, defeats the fun in gambling.
I haven't found a precise comparison bot from AI software like this. It will not be completely illegal because it moves as a prediction tool by validating many factors in updates during and before the match. regardless of its accuracy, it will still depend also on the situation that occurs in the racetrack. The pleasure of gamblers is when they know how to win and then risk their big money.


Title: Re: Simulation/Machine Learning Effects on Gambling
Post by: aioc on December 22, 2019, 10:18:22 AM
I am a little bit curious about this because  my boss just told me last week that on their country, they have tools maybe software that predicts or simulate the horse racing game (not sure if this is an A.I.).
He said most of the people using that kind of tool/servce are winning a huge profits.
This thing is just like, you don't need to analyze or think anymore, you will just place your bet.

Here's the questions,
Is this really possible on gambling(any form)?
It is not illegal?

There's a possibility that they can control it, anything that uses software can be manipulated, they are being run by a programmer, things are still very different from a real horse racing because so many factors are on the line, like breading, experience and condition of the horses, I prefer to be in a real horses.


Title: Re: Simulation/Machine Learning Effects on Gambling
Post by: JohnBitCo on December 22, 2019, 11:13:28 AM
I am a little bit curious about this because  my boss just told me last week that on their country, they have tools maybe software that predicts or simulate the horse racing game (not sure if this is an A.I.).
He said most of the people using that kind of tool/servce are winning a huge profits.
This thing is just like, you don't need to analyze or think anymore, you will just place your bet.

Here's the questions,
Is this really possible on gambling(any form)?
It is not illegal?

Its impossible to predict sport betting on the basis of AI. What Artificial intelligent can do best in this scenario is that it can analysis all the previous results and suggest possible winner of the horse race. But in the actual race the horse which has the best average of winning may not be able to win this time. AI only works well there where the patterns repeat itself and this is not the correct use of AI here on the horse betting.


Title: Re: Simulation/Machine Learning Effects on Gambling
Post by: sheenshane on December 22, 2019, 11:48:49 AM
Maybe it will be manipulated by machine or AI as what you've said but if this kind of gambling based on their system, you can bypass what algorithm they had been used but only in a short period of time. When it comes, sports betting that every match was made on real people I think it is hard to manipulate or used the machine because the outcome of every matched is unpredictable.

It is not illegal?
Yes, that is logically and definitely illegal.


Title: Re: Simulation/Machine Learning Effects on Gambling
Post by: Nadziratel on December 22, 2019, 12:39:18 PM
I am a little bit curious about this because  my boss just told me last week that on their country, they have tools maybe software that predicts or simulate the horse racing game (not sure if this is an A.I.).


Aside from all other issues, including being illegal, how can a machine or program provide reliable data on horse racing? These races are organic races. So there are many factors involved, including the instant condition of horses. It seems not possible to me.


Title: Re: Simulation/Machine Learning Effects on Gambling
Post by: GreatArkansas on December 22, 2019, 01:31:51 PM
(..)
Aside from all other issues, including being illegal, how can a machine or program provide reliable data on horse racing? These races are organic races. So there are many factors involved, including the instant condition of horses. It seems not possible to me.
Hmmm, nice question. That's also sum up, maybe there are public data available, like previous games stats and they gathered those data and analyze, then use it in the future games.
As others said above, it's not accurate and not 100% sure, so probably they have some model analyzing that could be probably huge data.

After reading some of the posts above, hell yeah! I thought it is not true that they are making huge money on it. But it is illegal and for sure, there are still some people who operate it secretly.


Title: Re: Simulation/Machine Learning Effects on Gambling
Post by: jakelyson on December 22, 2019, 02:54:21 PM
I am a little bit curious about this because  my boss just told me last week that on their country, they have tools maybe software that predicts or simulate the horse racing game (not sure if this is an A.I.).


Aside from all other issues, including being illegal, how can a machine or program provide reliable data on horse racing? These races are organic races. So there are many factors involved, including the instant condition of horses. It seems not possible to me.

It could be if there is data for the history of the horses' races and their stats. Just like how stats are used in sports betting. But this is not a 100% prediction since there are factors that can affect the winnability of each horse during the race itself.


Title: Re: Simulation/Machine Learning Effects on Gambling
Post by: panganib999 on December 22, 2019, 03:39:31 PM
Yes its illegal. That's it. Simulation Machines are capable of analysis of millions to billions of data. Analysis of the most probable result of a horse race game is as easy as pie to it, although it doesn't necessarily give the gambler a 100% winrate, it gives him/her an edge against other gamblers, which ruins the fun of the game, so yea it's definitely illegal. Plus, it infringes on the idea of gambling casinos with their provably fair games, so it isn't looked down upon, but its frowned upon.


Title: Re: Simulation/Machine Learning Effects on Gambling
Post by: milewilda on December 22, 2019, 04:05:21 PM
A very long read which do connects for this topic: https://towardsdatascience.com/applying-ai-to-horse-racing-e3632a7e7c92

For my opinion in regards to this one then i can say that AI can be applied but only to that extent when it comes to stat information gathering and other related field
but totally predicting on whose gonna win on a particular race? Its hard to believe on.


Title: Re: Simulation/Machine Learning Effects on Gambling
Post by: crwth on December 22, 2019, 04:11:54 PM
It's just like any other technical analysis gambler where you would see data and formulate the right decision based on the results you are viewing. I don't think it's going to be illegal because it's based on data available to your use. It's not going to be harmful to take advantage of a tool, but for sure, it's not 100% accuracy. There's nothing in this world that is perfect.

That tool is excellent for busy people and who could afford that service. Mostly, people who have that capacity tend to win a lot because they already have a lot. It's a tool to have an advantage, but it doesn't mean it's a sure thing already.


Title: Re: Simulation/Machine Learning Effects on Gambling
Post by: Golftech on December 22, 2019, 04:31:07 PM
A very long read which do connects for this topic: https://towardsdatascience.com/applying-ai-to-horse-racing-e3632a7e7c92

For my opinion in regards to this one then i can say that AI can be applied but only to that extent when it comes to stat information gathering and other related field
but totally predicting on whose gonna win on a particular race? Its hard to believe on.
AI have that capabilities, one of this advantage is the system is able to analyze different information about the condition and stats of the horse according to the database where programmer coded for the system. Not accurately but it is possible for the system to gather deeper information so before it will figured out where to place  a bet, it's done analyzing everything that can help to enhance the chance of winning.


Title: Re: Simulation/Machine Learning Effects on Gambling
Post by: Eclipse26 on December 22, 2019, 04:41:30 PM
I don't know either whether to believe it or not since even though they have a sort of software to predicts who'll win. How come? Horse isn't a part of AI that can be controlled nor manipulated by others. It's the jockey who controls its own horse during the race. Idk if they could actually predict the result. But I know a lot of people around me who are a fan of horse racing yet I haven't heard such thing from them. But if that's true, definitely that kind of software isn't appropriate on a game. Even if it's legal, it's still inappropriate and unfair for other people.


Title: Re: Simulation/Machine Learning Effects on Gambling
Post by: TalkStar on December 22, 2019, 05:22:03 PM
Here's the questions,
Is this really possible on gambling(any form)?
It is not illegal?
I don't think its gonna be a wise decision to depend on prediction for gambling. As you have mentioned that your boss told you that they use an prediction tool for horse racing where i think that's probably not a tool only. Maybe some experts work behind them who have vast knowledge and updated information about horse breed and their past racing records. Horse racing is one of the popular option for offline gamblers and i don't think they will put their money based on a tool based prediction.

When its a matter of legal or illegal i think it depends on different countries laws and regulations. Although gambling is legal in many countries but still there is lots of countries who don't support gambling. So if a country government have no issues with gambling then its gamblers own choice to use any kinda service for getting profits IMO.


Title: Re: Simulation/Machine Learning Effects on Gambling
Post by: iamsheikhadil on December 22, 2019, 05:39:27 PM
I don't think it is illegal but this practice may not be profitable for many because the simulations don't consider mitigating factors which might play hugely to impact the outcome of a game. But for sports betting and racing games, this can be useful specially when two very strong teams compete where mitigating factors can't be determined using any odds.


Title: Re: Simulation/Machine Learning Effects on Gambling
Post by: MyIdeas on December 22, 2019, 05:44:03 PM
I am a little bit curious about this because  my boss just told me last week that on their country, they have tools maybe software that predicts or simulate the horse racing game (not sure if this is an A.I.).
He said most of the people using that kind of tool/servce are winning a huge profits.
This thing is just like, you don't need to analyze or think anymore, you will just place your bet.

Here's the questions,
Is this really possible on gambling(any form)?
It is not illegal?
Recently I read about that in an article but at that instant I felt doubt that this will not be fair like other games so I not gave attention to that betting and did any further research about that. It is either not a legal or fair game or I do not know about that game and feeling it a tricky game in which if I entered then I will not win.


Title: Re: Simulation/Machine Learning Effects on Gambling
Post by: maydna on December 23, 2019, 12:48:28 AM
I don't think it is illegal but this practice may not be profitable for many because the simulations don't consider mitigating factors which might play hugely to impact the outcome of a game. But for sports betting and racing games, this can be useful specially when two very strong teams compete where mitigating factors can't be determined using any odds.

We don't know if that can be profitable for us or not because we are not yet trying the software. If they can ask us to try or test the software, then we will know if the software can help us to win or not. Perhaps, we can ask people who try that software, so we know if the software is good or not. It is difficult to know if that software can get the details of every horse since the situation in the Sportsbet will always change. Perhaps, in the future, when the A.I has to grow than now, we will see software that can detect which team that can win.


Title: Re: Simulation/Machine Learning Effects on Gambling
Post by: Assface16678 on December 23, 2019, 04:12:37 AM
I don't think it is illegal but this practice may not be profitable for many because the simulations don't consider mitigating factors which might play hugely to impact the outcome of a game. But for sports betting and racing games, this can be useful specially when two very strong teams compete where mitigating factors can't be determined using any odds.

We don't know if that can be profitable for us or not because we are not yet trying the software. If they can ask us to try or test the software, then we will know if the software can help us to win or not. Perhaps, we can ask people who try that software, so we know if the software is good or not. It is difficult to know if that software can get the details of every horse since the situation in the Sportsbet will always change. Perhaps, in the future, when the A.I has to grow than now, we will see software that can detect which team that can win.

Today with the world of gambling many people are struggling about their wage and trust on their bets, even you are a skilled gambler and take a lot of experience in your whole career it is not enough to win against another player that is good in gambling too. With the world of good technology and innovation, it is not impossible if there is a created an Artificial Intelligence (AI) that supports gambling. It tells a prediction where is the right side to bet and where is the best way to save your money. It depends on the creator or the developer how they manage the algorithm of the AI; it is efficient if the programmed inputted is consist of all possible data that can be used to win the game.


Title: Re: Simulation/Machine Learning Effects on Gambling
Post by: Darker45 on December 23, 2019, 04:43:26 AM
I am a little bit curious about this because  my boss just told me last week that on their country, they have tools maybe software that predicts or simulate the horse racing game (not sure if this is an A.I.).
He said most of the people using that kind of tool/servce are winning a huge profits.
This thing is just like, you don't need to analyze or think anymore, you will just place your bet.

Here's the questions,
Is this really possible on gambling(any form)?
It is not illegal?

For sure, there is still an A.I. involved in that tool. The analysis and the simulation are done with the help of an A.I. The simulation may not turn out to be perfect but it is at least based on actual figures including statistics of their previous performances. More or less, they will be showing a reliable result. Not accurate of course but there is high probability that the result will be almost the same as the actual race provided the numbers being fed are accurate and comprehensive enough.

I think this is not illegal. This is not rigging, after all. This is analyzing using a certain tool. A.I. analysis is of course more accurate and has the capacity to process more details than human manual analysis.


Title: Re: Simulation/Machine Learning Effects on Gambling
Post by: TheUltraElite on December 23, 2019, 07:02:17 AM
I am a little bit curious about this because  my boss just told me last week that on their country, they have tools maybe software that predicts or simulate the horse racing game (not sure if this is an A.I.).
Just think of it this way, if it was possible to get huge profits by simulating the horse race getting to know the outcome before the race happens, do you keep that a secret for long? Everyone in the world would know about it and they would talk about it, thus making it a very popular "bot" (!) But that did not happen.

Quote
He said most of the people using that kind of tool/servce are winning a huge profits.
Quote
This thing is just like, you don't need to analyze or think anymore, you will just place your bet.
So obviously this "boss" of yours is a con-man attempting to scam you. It like saying "hey, I got a fullproof method to win" - always a scam. It is a casino game which depends on a lot of factors and often matches are fixed. You cant expect to simulate every factor to get a win, because the outcomes will vary a lot too. You may think about a weighted average but still its not a method to win every game.


Title: Re: Simulation/Machine Learning Effects on Gambling
Post by: swogerino on December 23, 2019, 07:14:58 AM
I think using Artificial Intelligence to better analyze things and events like horse gambling should not be illegal but this changes from country to country.If it were legal and if this thing did really work I would be surprised that no gambling company knows nothing about it,I don’t think it works because companies like Nvidia who have spent many years researching AI have not been that successful yet with it.


Title: Re: Simulation/Machine Learning Effects on Gambling
Post by: mu_enrico on December 23, 2019, 08:26:53 AM
I'm skeptical about this A.I or simulation for predicting events that contain some amount of unknowns/surprises. I remember doing a lot of simulation as the basis of my prediction in football, with FIFA and FM games. Even if I managed to match the tactics and players, the results were not that great. No one knows whether some players will get a red card or will make some mistakes (still crying from last night EPL games).

That logic also applied to horse races. No one knows whether Horse A will get some dirt thrown to its eyes, or slips in the last moment.


Title: Re: Simulation/Machine Learning Effects on Gambling
Post by: GSpgh on December 23, 2019, 01:42:53 PM
Yes, that is logically and definitely illegal.

Why would it be illegal? If it's based on public information (sports stats for example) you can't control what people do with that information. That would be like saying that being smart and betting on a stronger horse/athlete/team is illegal. It's up to bookmakers to set the odds in a way that people can't abuse. Maybe bookmakers should use AI too.


Title: Re: Simulation/Machine Learning Effects on Gambling
Post by: Golftech on December 23, 2019, 02:09:33 PM
Yes, that is logically and definitely illegal.

Why would it be illegal? If it's based on public information (sports stats for example) you can't control what people do with that information. That would be like saying that being smart and betting on a stronger horse/athlete/team is illegal. It's up to bookmakers to set the odds in a way that people can't abuse. Maybe bookmakers should use AI too.
For sure bookmakers will use it if the service is already available, if there's such AI where gamblers can use and  analyze the possibilities, it surely will not pass with the  bookmakers knowledge. Keep in mind that this is a business that they are running so if there's something that can be use against them sooner or later they will find it out and use the same strategy to trapped the gamblers. Again, if such system exist it will not take that long for the bookmakers to learned about it and analyze to adjust with their system.


Title: Re: Simulation/Machine Learning Effects on Gambling
Post by: AliMan on December 23, 2019, 02:27:55 PM
I don't think it is illegal but this practice may not be profitable for many because the simulations don't consider mitigating factors which might play hugely to impact the outcome of a game. But for sports betting and racing games, this can be useful specially when two very strong teams compete where mitigating factors can't be determined using any odds.

We don't know if that can be profitable for us or not because we are not yet trying the software. If they can ask us to try or test the software, then we will know if the software can help us to win or not. Perhaps, we can ask people who try that software, so we know if the software is good or not. It is difficult to know if that software can get the details of every horse since the situation in the Sportsbet will always change. Perhaps, in the future, when the A.I has to grow than now, we will see software that can detect which team that can win.

What I see on this matter of perspective here, is that they're making the trial software mote attracting for any potential customers who easily be the prey kf their strategies. Of course it has an idea that more probability on a free trial apps would gain more appreciation due to high winning proofs which can't sustain in the future game implementation. That's always reality over expectations.


Title: Re: Simulation/Machine Learning Effects on Gambling
Post by: acroman08 on December 23, 2019, 03:52:28 PM
Here's the questions,
Is this really possible on gambling(any form)?
It is not illegal?

No, unlike any other sports gambling game horse racing has very basic information to analyze and can be simulated very quickly and have a result in a very short time. but in case of other sports gambling like football, basketball etc. there are too many variables to consider and it would take a long time to simulate every player of the game.


Title: Re: Simulation/Machine Learning Effects on Gambling
Post by: smyslov on December 23, 2019, 05:22:59 PM
I am a little bit curious about this because  my boss just told me last week that on their country, they have tools maybe software that predicts or simulate the horse racing game (not sure if this is an A.I.).
He said most of the people using that kind of tool/servce are winning a huge profits.
This thing is just like, you don't need to analyze or think anymore, you will just place your bet.

Here's the questions,
Is this really possible on gambling(any form)?
It is not illegal?

Sounds interesting, it's hard to predict that using a software, because each horse in a given race is very much different from one race or when they are racing on different tracks, there are so many factors involved, I don't think they can simulate and predict a winner in a real horse racing, it's better if you can give us an article about that AI horse racing simulation.


Title: Re: Simulation/Machine Learning Effects on Gambling
Post by: carlfebz2 on December 23, 2019, 08:11:06 PM
Here's the questions,
Is this really possible on gambling(any form)?
It is not illegal?

No, unlike any other sports gambling game horse racing has very basic information to analyze and can be simulated very quickly and have a result in a very short time. but in case of other sports gambling like football, basketball etc. there are too many variables to consider and it would take a long time to simulate every player of the game.
When it comes to number of variable on where you do need to study and analyze on then i do agree with this point yet in horseracing you are
just dealing a horse and with its stats but the thing here is you would need to choose up lots of numbers yet you cant easily decide if both
horses are almost identical on record.So it will still vary sometimes into your intuition or guts.About AI, it isnt really that illegal yet as said by other
it do only collects and analyzes horses stats nothingless.


Title: Re: Simulation/Machine Learning Effects on Gambling
Post by: imstillthebest on December 23, 2019, 10:36:15 PM
if its a software based gambling yes i think that was possible to manipulate or hack the system but if its offline horse racing game i think its easy though it also think that its possible to manipulate the results  .

this was considered illegal because it was not fair to others that bet fairly  . the effect on it on gambling is quite huge because people that gambling always think of this things when they are starting to loose for a longer period of time  .


Title: Re: Simulation/Machine Learning Effects on Gambling
Post by: Zicadis on December 23, 2019, 11:47:54 PM
I am a little bit curious about this because  my boss just told me last week that on their country, they have tools maybe software that predicts or simulate the horse racing game (not sure if this is an A.I.).
He said most of the people using that kind of tool/servce are winning a huge profits.
This thing is just like, you don't need to analyze or think anymore, you will just place your bet.

Here's the questions,
Is this really possible on gambling(any form)?
It is not illegal?

First of all, that too me sounds like you're reading too seriously into what you're hearing and there's one piece of advice I'd be happy to give you: don't believe everything you hear even if it is from people with more social authority than you. Second of all, that description is far from being entirely true and it sounds to me that that's just a bot...


Title: Re: Simulation/Machine Learning Effects on Gambling
Post by: maydna on December 24, 2019, 12:34:38 AM

Today with the world of gambling many people are struggling about their wage and trust on their bets, even you are a skilled gambler and take a lot of experience in your whole career it is not enough to win against another player that is good in gambling too. With the world of good technology and innovation, it is not impossible if there is a created an Artificial Intelligence (AI) that supports gambling. It tells a prediction where is the right side to bet and where is the best way to save your money. It depends on the creator or the developer how they manage the algorithm of the AI; it is efficient if the programmed inputted is consist of all possible data that can be used to win the game.

I believe that will comes to us a new era in which A.I can help the most thing in our life, and we can do another thing that still looks "traditional," including the A.I for gambling. It will help a gambler to predict or make a strategy for playing gambling with the help of A.I, and perhaps, what we already have seen now, is the first model of A.I, and that will develop and grow in the future. The A.I itself was created for helping our life so we can simplify the life itself, and I guess that we can see modern life in the future.


What I see on this matter of perspective here, is that they're making the trial software mote attracting for any potential customers who easily be the prey kf their strategies. Of course it has an idea that more probability on a free trial apps would gain more appreciation due to high winning proofs which can't sustain in the future game implementation. That's always reality over expectations.

I think I already have seen similar experience in another work. When I work as a blogger, I see many developers help automatic software that can help a blogger to make an article, search the material to write or the trend, and even the software can help to build a link to that blog. The developers need people to test their software, and the developers give reward to people who helps them to make better software. We are going to see a growing technology and a new era in which we are transforming our life from the traditional into digital.


Title: Re: Simulation/Machine Learning Effects on Gambling
Post by: GreatArkansas on December 24, 2019, 11:08:42 AM
I think I already have seen similar experience in another work. When I work as a blogger, I see many developers help automatic software that can help a blogger to make an article, search the material to write or the trend, and even the software can help to build a link to that blog. The developers need people to test their software, and the developers give reward to people who helps them to make better software. We are going to see a growing technology and a new era in which we are transforming our life from the traditional into digital.
This is quite alarming, especially in the gambling field because what if someday those kinds of software especially artificial intelligence will take over? Then I think it's so difficult to make money because maybe some people will use it and make easy money.
But I think that will still impossible for this upcoming years, I don't think so.


Title: Re: Simulation/Machine Learning Effects on Gambling
Post by: zhekinsp on December 24, 2019, 04:33:33 PM
I am a little bit curious about this because  my boss just told me last week that on their country, they have tools maybe software that predicts or simulate the horse racing game (not sure if this is an A.I.).
He said most of the people using that kind of tool/servce are winning a huge profits.
This thing is just like, you don't need to analyze or think anymore, you will just place your bet.

Here's the questions,
Is this really possible on gambling(any form)?
It is not illegal?
I guess its not really possible to predict what will happen in the future (at least for now) so these are just a tool to analyse the results based on the ability of horse and jockey,maybe the prediction will similar to the results but not all the time so risking the money has the cost.

Maybe illegal to do this kind of stuffs because the ambling owners will go bankrupt if everyone starts using this tool.


Title: Re: Simulation/Machine Learning Effects on Gambling
Post by: Maotezi on December 24, 2019, 07:46:55 PM
I am a little bit curious about this because  my boss just told me last week that on their country, they have tools maybe software that predicts or simulate the horse racing game (not sure if this is an A.I.).
He said most of the people using that kind of tool/servce are winning a huge profits.
This thing is just like, you don't need to analyze or think anymore, you will just place your bet.

Here's the questions,
Is this really possible on gambling(any form)?
It is not illegal?

I think it is not a violation of the law, if a lot is programmed it is allowed, so i think it is not a violation.
And thus, it is legal, but of course from state to state.
I have heard about it, but contrary to your statement, I have heard that no one gets money, that is, it cannot be easily guessed.

But it sounds interesting if I have the chance I'll definitely try.


Title: Re: Simulation/Machine Learning Effects on Gambling
Post by: maydna on December 25, 2019, 01:40:20 AM
I think I already have seen similar experience in another work. When I work as a blogger, I see many developers help automatic software that can help a blogger to make an article, search the material to write or the trend, and even the software can help to build a link to that blog. The developers need people to test their software, and the developers give reward to people who helps them to make better software. We are going to see a growing technology and a new era in which we are transforming our life from the traditional into digital.
This is quite alarming, especially in the gambling field because what if someday those kinds of software especially artificial intelligence will take over? Then I think it's so difficult to make money because maybe some people will use it and make easy money.
But I think that will still impossible for this upcoming years, I don't think so.

Perhaps we will see the movie Irobot will come true in which artificial intelligence lives with us and that artificial intelligence will help our lives, or maybe they will take over what we did. Yes, I don't think either that artificial intelligence will be around with us for the short term because there is a lot of things that need to develop. Perhaps, we will see software like the OP said, and then the software will develop into many things. But I already know some institute build a robot that almost the same as human but that robot still have limited in help human.


Title: Re: Simulation/Machine Learning Effects on Gambling
Post by: Hydrogen on December 25, 2019, 08:53:01 AM
As far as I know, its not AI or machine learning based. Its more like data mining coupled with an algorithm that weighs values and statistics.

There have been reports of fantasy sports players in fanduel and draftkings turning profits using this method for years:

https://www.bostonglobe.com/business/2015/12/23/from-boston-penthouse-world-best-fantasy-player-plunges-into-startup-world/QHNpLh0O3QMyUDqTd4t27N/story.html

As one poster mentioned in an earlier post, there was a high profile story published on bloomberg about a horse racing gambler who was claimed to have made millions utilizing this method:

https://www.bloomberg.com/news/features/2018-05-03/the-gambler-who-cracked-the-horse-racing-code


Title: Re: Simulation/Machine Learning Effects on Gambling
Post by: DarkDays on December 25, 2019, 12:05:01 PM
I really don't think that AI is going to have a detrimental effect on the gambling industry for at least a decade or so, which is when AI will become powerful enough to practically eliminate personal advantages in games of skill (and luck) such as Poker.

However, I do think that it will lead to the development of another type of game, one where the player plays a game of skill against an AI of different difficulty levels. If you beat the AI, you multiply your wager. Of course there will need to be a system in place to prevent you using an even stronger AI to beat this one, but that's another issue entirely.


Title: Re: Simulation/Machine Learning Effects on Gambling
Post by: Naida_BR on December 25, 2019, 04:54:09 PM
If gamblers are going to use AI in order to increase their profitability, casinos are going to do so as well.
And casinos are going to do it more effectively... I wouldn't consider it as illegal when both counterparts are using them...


Title: Re: Simulation/Machine Learning Effects on Gambling
Post by: DoublerHunter on December 25, 2019, 05:09:35 PM
That is not AI I guess, I found this article that discussed about cracking of horse racing code algorithm and probably that was mean by the OP. https://news.ycombinator.com/item?id=20865312. If that is cracking the code of any gambling feature, I am sure that it is illegal and against the TOS of the site. There are a lot of smart and genius hackers who will try to hack any code of gambling sites but it won't work for long term.


Title: Re: Simulation/Machine Learning Effects on Gambling
Post by: justdimin on December 25, 2019, 05:49:59 PM
Wherever the random mechanism is not involved, you may go for simulating using available past data to predict the future's outcome. Unlike horse racing, most crypto gambling games are based on random number generation and due to this, I guess we may not for making use of simulators. Each day is different in crypto gambling as we could not figure out any relations between results; purely randomized things.

I guess making use of AI either in software tools or in manual will not be breaching any of legal things in my country. Not sure about what is the stand of most other countries on this simulation/AI.


Title: Re: Simulation/Machine Learning Effects on Gambling
Post by: dothebeats on December 25, 2019, 07:34:25 PM
AFAIK these things really exist. They just gather the information that they can get from all participants in the horse racing competition, get each individual's H2H match-up against every competitor in the game and create a list of possible scenarios in which a particular horse would race up against different horses at a given time. It gives you the probability of your horse winning, to what margin and what place would that horse finds itself in against every other horse within the race. It's easy to device though kinda tricky if you integrate machine learning and AI to it as it needs a lot of tweaking to be done and for damn sure it's an expensive piece of software for bettors.


Title: Re: Simulation/Machine Learning Effects on Gambling
Post by: Shinpako09 on December 26, 2019, 01:41:20 AM
Let's say this thing really exist, if this thing really works, this should be popular. Right? because money is involved and most wants an easy money. How can the AI analyze the situation? Since this is also a sport it's better to gather info about track records of horse and jockey rather than relying on AI. Therefore, using it in other kind of gambling is non sense because game like dice rely on luck.

If ever I have this thing and it really works. Why would I bother to sell it and explain myself to others how it works if I can make more than the price of this thing.


Title: Re: Simulation/Machine Learning Effects on Gambling
Post by: maydna on December 26, 2019, 02:38:22 AM
If gamblers are going to use AI in order to increase their profitability, casinos are going to do so as well.
And casinos are going to do it more effectively... I wouldn't consider it as illegal when both counterparts are using them...

I am sure casinos will prevent them from winning by creating software, or even they will use Ai too to block the member from trying to win using AI. I am sure that the casino can build AI with easy because they have money to create or hire a high-skills programmer to help them.

The casino will not let the player use a cheat way to win the games because if many gamblers trying to win and they succeed in getting the win money, the casinos will not online for a long time, and they will close their business.


Title: Re: Simulation/Machine Learning Effects on Gambling
Post by: shoreno on December 26, 2019, 05:27:53 AM
If gamblers are going to use AI in order to increase their profitability, casinos are going to do so as well.
And casinos are going to do it more effectively... I wouldn't consider it as illegal when both counterparts are using them...

I am sure casinos will prevent them from winning by creating software, or even they will use Ai too to block the member from trying to win using AI. I am sure that the casino can build AI with easy because they have money to create or hire a high-skills programmer to help them.

The casino will not let the player use a cheat way to win the games because if many gamblers trying to win and they succeed in getting the win money, the casinos will not online for a long time, and they will close their business.

cheat ? i dont think its possible . casinos have high security to detect those will trying to cheat thier system  and not all gamblers can do that  . most gamblers are just regular people that dont do cheats or hacks but they just play the legal way   .

its not also good if the casino will cheat thier players because that only shows that they are fraud and not legit  but who will do that anyway  ? if cheating can make them go down they cant earn more profit in the long run   .


Title: Re: Simulation/Machine Learning Effects on Gambling
Post by: maydna on December 27, 2019, 03:13:42 AM

cheat ? i dont think its possible . casinos have high security to detect those will trying to cheat thier system  and not all gamblers can do that  . most gamblers are just regular people that dont do cheats or hacks but they just play the legal way   .

its not also good if the casino will cheat thier players because that only shows that they are fraud and not legit  but who will do that anyway  ? if cheating can make them go down they cant earn more profit in the long run   .

I think so, but some gamblers can cheat the system, and that is not a secret. We all know that not all gamblers are regular people, and some of them have skills in the programming language, and that can make them test the security system on that gambling site. But as you said, if they can break the security, in the end, the casino will know, and they will close the hole so they can not cheat anymore.

The casino will think twice to cheat their players because if they do that, they will lose trust from their players, and they will not have many players that play the games and stay in their site.


Title: Re: Simulation/Machine Learning Effects on Gambling
Post by: ChrisPop on December 27, 2019, 05:40:46 PM
Once/If these Artificial Intelligence programs are real and will be exploited and shared between retailers as well then that might be the end of the horse racing betting or/and other sports betting as well. If the bookie is not making money, then why keep the shop open? I do think that there will be rules imposed if there aren't, but the issue is how can someone prove that an individual used a software to analyse the data and come up with the most probable outcome?


Title: Re: Simulation/Machine Learning Effects on Gambling
Post by: TheUltraElite on December 30, 2019, 08:48:36 AM
I think so, but some gamblers can cheat the system, and that is not a secret. We all know that not all gamblers are regular people, and some of them have skills in the programming language, and that can make them test the security system on that gambling site. But as you said, if they can break the security, in the end, the casino will know, and they will close the hole so they can not cheat anymore.
Ehh, that sounds more like a made up thing that keeps people happy that the casino gets robbed since they got robbed of their money at one time by some casino even if they decided to play at their own decision. Thing is the casino owners are clever too, thats why they are businessmen. So at any hint of cheating they will investigate and catch the person, probably going to end up as a criminal court case.

In any case, cheating the game is a theft and needs to be punished. But I dont think the OP wanted to this to be pointed out.

Quote
The casino will think twice to cheat their players because if they do that, they will lose trust from their players, and they will not have many players that play the games and stay in their site.
Of course the casino would not even think of cheating. They dont even need to.


Title: Re: Simulation/Machine Learning Effects on Gambling
Post by: MWesterweele on February 21, 2020, 01:35:05 PM
I think so, but some gamblers can cheat the system, and that is not a secret. We all know that not all gamblers are regular people, and some of them have skills in the programming language, and that can make them test the security system on that gambling site. But as you said, if they can break the security, in the end, the casino will know, and they will close the hole so they can not cheat anymore.
Ehh, that sounds more like a made up thing that keeps people happy that the casino gets robbed since they got robbed of their money at one time by some casino even if they decided to play at their own decision. Thing is the casino owners are clever too, thats why they are businessmen. So at any hint of cheating they will investigate and catch the person, probably going to end up as a criminal court case.

In any case, cheating the game is a theft and needs to be punished. But I dont think the OP wanted to this to be pointed out.

Quote
The casino will think twice to cheat their players because if they do that, they will lose trust from their players, and they will not have many players that play the games and stay in their site.
Of course the casino would not even think of cheating. They dont even need to.
I think the process of machine have a code so it means they have control to it so possible they can control the one who can win. And the effect of it to the gambler is they ends to be bet again and again until the code reach its command then winner will be announced. But not all machine have code like what state above because there's still some machne need to play with strategy or involve luck.


Title: Re: Simulation/Machine Learning Effects on Gambling
Post by: TheUltraElite on February 22, 2020, 09:06:03 AM
I think the process of machine have a code so it means they have control to it so possible they can control the one who can win. And the effect of it to the gambler is they ends to be bet again and again until the code reach its command then winner will be announced.
You "think" or have a reason to say so? If you just think that you are losing a gambling streak because the game is forcing you to lose then you are suffering from the delusion that all gamblers face during gambling on an EV- game. You should verify the bets to make sure they are valid and that is all the casino can do to help your ease your mind. The rolls created on dice games and such are random and the site does not control them in any manner so stop making wrong conclusions. They would not be here without a "scammer" flag if they were rigging the bets.

Quote
But not all machine have code like what state above because there's still some machne need to play with strategy or involve luck.
EV+ games are skill based but not completely if that is what you are talking about.


Title: Re: Simulation/Machine Learning Effects on Gambling
Post by: AicecreaME on February 22, 2020, 09:49:36 AM
It is not illegal?
Yes, that is logically and definitely illegal.

It ain't illegal as long as you're not going to let them know that you are using it when you are betting in their game, because that is consider as cheating. Using a machine or any software that will help you to win against the house will never be tolerated once they figure out you are using one, I don't know what might be the punishment, but they could get the money back from you because you went overboard.


My opinion about OP is that it is great to have that kind of software that gives you accurate profits, that would be a game changer in the gambling industry if it is going to be on sell on the market. I bet plenty of people would buy it.


Title: Re: Simulation/Machine Learning Effects on Gambling
Post by: desertfox470 on February 22, 2020, 10:20:42 AM
Is this really possible on gambling(any form)?

I think it's an AI since you can't predict exactly what will happen in a real horse race, if it's an AI I don't think that they can predicted it using a probably fair technology because I think it's impossible.

However if the horse racing is not based on the probably fair technology either the owner or the user can also cheat, but of course the owner of the gambling site will probably the one who will take advantage on it.

It is not illegal?

If it's true, it's illegal since you're cheating on the system however it's also the game owner or gambling owner's fault is it, so it's their responsibility to take care of their system to avoid cheating the system.


Title: Re: Simulation/Machine Learning Effects on Gambling
Post by: Mumbeeptind1963 on March 02, 2020, 08:59:34 PM
Is this really possible on gambling(any form)?

I think it's an AI since you can't predict exactly what will happen in a real horse race, if it's an AI I don't think that they can predicted it using a probably fair technology because I think it's impossible.

However if the horse racing is not based on the probably fair technology either the owner or the user can also cheat, but of course the owner of the gambling site will probably the one who will take advantage on it.

It is not illegal?

If it's true, it's illegal since you're cheating on the system however it's also the game owner or gambling owner's fault is it, so it's their responsibility to take care of their system to avoid cheating the system.
I agree casino owner is the one we need to blame because they are the only person that can manipulate the machine and their system. Perhaps weneed should be more careful especially those betting games we played, we  to be more observant to avoid loses by not choosing there gambling games. I think owners should be more responsible about it.


Title: Re: Simulation/Machine Learning Effects on Gambling
Post by: LbtalkL on March 02, 2020, 09:25:29 PM
That's cool if its really exist, I think it is not illegal its just a simulation and not guaranteed to be correct. Before they can do this simulation I think they gather data first of the horses what is there usual speed, behaviour, etc. It is like studying your opponents a mind game.


Title: Re: Simulation/Machine Learning Effects on Gambling
Post by: TheUltraElite on March 06, 2020, 07:08:22 AM
I agree casino owner is the one we need to blame because they are the only person that can manipulate the machine and their system.
It is strange that you think in that manner when we are having so many online bitcoin casinos which have a provably fair system that can be verified by a third party. Are you even aware how provably fair works?

Quote
Perhaps weneed should be more careful especially those betting games we played, we  to be more observant to avoid loses by not choosing there gambling games. I think owners should be more responsible about it.
For physical casinos sometimes there is a chance of bias and machines malfunctioning but they have a policy that malfunction voids all bets. But again this is not true for the online casinos.

What the OP said is not really related to this but still, you should check out provably fair in any reputable casino like primedice and see how it works. Any of the newcomers in this sector are scrutinized by the members of this forum who are cryptography enthusiasts for their provably fair system and if flaws are found then they are told to rectify them as well.


Title: Re: Simulation/Machine Learning Effects on Gambling
Post by: GreatArkansas on March 06, 2020, 07:14:56 AM
That's cool if its really exist, I think it is not illegal its just a simulation and not guaranteed to be correct. (...)
It is, but kinda difficult to trust. Like what other people said above that there are really possibilities that they can manipulate it, especially we talking video horse games. But there are still a possibility that it's not really manipulated like they will present some proof of it and maybe some licensed from higher authorities in term of gambling.