Casinos can use AI to get additional edge?

[Dreamchaser21]

It can help casinos on many ways but it must be set accordingly because not all gamblers in casinos are using technology some are still want to be more on traditional system. I think AI is already working in some casinos but its not that active since they still hire people to go work full time. The future of technology is good, everyone will adopt.

[crwth]

I know that there are different types of AI. Based on my research, there are two types of it with many sub-branches after it. Type 1 and Type 2 AI (based on this reference)

For Type 1 it can be classified into two

• Weak AI / Narrow AI - which is focused only on one task and that's it
• Strong AI - it can perform tasks like a human being (scary it seems lol]

For Type 2 it can be classified into four and it is based on functionalities.

• Reactive Machines - it's a basic form of AI and it's thinking on the present without using data or information from the past
• Limited Memory - it bases it's actions with past data. The past information affects the future decisions (good for gambling maybe?)
• Theory of Mind - an AI with feelings? They are able to understand peoples emotions
• Self-awareness - like a human (we're not there yet)

For the usage of AI, I think the Machine Learning process on Type 2 limited memory machines would give a lot of chances to win because the more it takes on the information it could be learned on what it's doing and think of the best possible way to achieve the target. There is so much more application to AI that you can ever imagine, not just in casinos.


Links
Artificial Intelligence: Definition, Types, Examples, Technologies
How Artificial Intelligence Is Shaping Online Gambling
AI is better at bluffing than professional gamblers

[shoreno]

Gambling is all about random number generation, and provably fair scheme provides guarantees that casino doesn't cheat, but we also know that humans are horrible random number generators - we are very easily predictable.

not all gambling are based on generating random numbers . what card games like poker ? that is an example of skill based and you are using a card not numbers  . there is not right or wrong in generating a number because that is random but i think we it comes to solving something , ai or bots can work well versus humans  .

So, theoretically a casino can observe how you place your bets, then predict your next bets and make their own bets (they always go first) accordingly.

they can observe your bets but they cant predict your next bets  not unless if they are not fair  . also not all gambling game is in versus mode ( dice  game for example ) i think this games are more safe  .

[darklus123]

Machine Learning is really usable in casino slot games. You are right that a certain AI will be able to get your play style pattern and used it to casino's advantage but the good thing about it is that you as the gamer can also manipulate AI's work as you can put AI's situation where you wanted to be.

That is the bad thing about Machine Learning because the person who's been feeding the information which is the gambler can control the certain information that he would want the AI to learn and then use it to gamblers advantage.

[maydna]

Gambling is all about random number generation, and provably fair scheme provides guarantees that casino doesn't cheat, but we also know that humans are horrible random number generators - we are very easily predictable.

not all gambling are based on generating random numbers . what card games like poker ? that is an example of skill based and you are using a card not numbers  . there is not right or wrong in generating a number because that is random but i think we it comes to solving something , ai or bots can work well versus humans  .

When you play online poker, I think the calculations are using computation from the script, and if AI has replaced the computation system, I think they could use AI for the calculations. The player still using their skills to play poker but the opponent, which is the house, they could use AI to play for them.

So, theoretically a casino can observe how you place your bets, then predict your next bets and make their own bets (they always go first) accordingly.

they can observe your bets but they cant predict your next bets  not unless if they are not fair  . also not all gambling game is in versus mode ( dice  game for example ) i think this games are more safe  .

Predicting what the next bets from us still difficult to them because of we bets base from the situations in the poker table and I think the AI now are not in that phase and maybe it will need to develop more so AI can work as we want.

But I am sure that in the future when the AI is grown more than now, it can help not just the casino but in the other field. We will see something new in our future and who knows what we saw in the movie will happen to our real life.

[electronicash]

the house always win, it has to be that way or we don't have a platform to gamble. sonit best to side with them when they offer something like revenue sharing than rely on winning bets. this is the reason i only bet on sports since they can't manipulate results to it.  dice and roullets is just not the type of game you can consider fair even when the codes are shared.

[Vaculin]

the house always win, it has to be that way or we don't have a platform to gamble. sonit best to side with them when they offer something like revenue sharing than rely on winning bets. this is the reason i only bet on sports since they can't manipulate results to it.  dice and roullets is just not the type of game you can consider fair even when the codes are shared.

I don't think they'll manipulate the result, they already have that house edge so they'll eventually win.
Manipulating results will make their site bad and I guess the reason why more people are still gambling in games where there's a house edge like dice is because they believe they are provably fair.

Well, sports is no doubt a good kind of gambling game, I am also seeing a dice sites now that are integrating sports in their service, they see the demand so they are doing it.

[Betwrong]

the house always win, it has to be that way or we don't have a platform to gamble. sonit best to side with them when they offer something like revenue sharing than rely on winning bets. this is the reason i only bet on sports since they can't manipulate results to it. dice and roullets is just not the type of game you can consider fair even when the codes are shared.

I don't think they'll manipulate the result, they already have that house edge so they'll eventually win.
Manipulating results will make their site bad and I guess the reason why more people are still gambling in games where there's a house edge like dice is because they believe they are provably fair.
~

Not only they believe it, but they can check it via a third-party site, or even check that themselves on an offline computer if they are too paranoid . I have long not been surprised by the fact that most ordinary people don't understand how provably fair works, and thus they think that gambling sites manipulate the outcomes. But I never cease to be surprised by such posts here. Google "how provably fair works" and choose the explanation that suits you in order to not act like flat-earthers anymore.

[DarkDays]

Nobody would use a casino that is using an artificial intelligence to cheat them out of their money.

If it's a game of skill, then nobody would be stupid enough to go up against an A.I. They've been shown to beat humans at even complex games like DOTA 2 and Go, so why would we be able to win on simple games usually available at casinos?

That being said, I wouldn't want seeing something like this for sports betting, e.g. wagering who will win, and A.I. vs a pro sports team in a competitive game. However, unless it's a shooter, we don't really have much of a chance.

[mu_enrico]

I'm not a fan of AI for gambling (as a player). Seriously, if AI can be as good as OpenAI (DOTA 2), then it will only scare gamblers away. I would rather bet against random luck than strong AI.

I used to be a stock trader, but I quit once I saw how big players use supercomputers + AI to trade.

[FanEagle]

the house always win, it has to be that way or we don't have a platform to gamble. sonit best to side with them when they offer something like revenue sharing than rely on winning bets. this is the reason i only bet on sports since they can't manipulate results to it.  dice and roullets is just not the type of game you can consider fair even when the codes are shared.

I don’t believe there’s any site that cannot be manipulated, sport bet is no exemption but they have tried to make theirs really transparent which is very good. I have come to the acceptance that casinos are designed to always be in their favor and there’s nothing we can do about this. It’s just so bad that dice are roulette are the leaders in this pattern of manipulation

Let’s just be hopeful that things would change with time and casino edge can now be 50/50 but for now, we do all we can to secure our little win and having fun with the games. Even the AI are not working properly as we want it to be, I believe it need to be upgraded and in years to come better than it is at the moment.

[imstillthebest]

I'm not a fan of AI for gambling (as a player). Seriously, if AI can be as good as OpenAI (DOTA 2), then it will only scare gamblers away. I would rather bet against random luck than strong AI.

you mean the ai enemies on dota ? lol you gotta be kidding me , you must be a kid because you can be easily beaten by an a.i   , we humans have real brains and we are smarter than them  . the same thing can be applied on gambling based a.i's or on any other a.i's out there  .

I used to be a stock trader, but I quit once I saw how big players use supercomputers + AI to trade.

you quit stock trading for that reason but you join crypto trading and you are not aware that there are also a.i and bots that manipulate the crypto market .

[mu_enrico]

you mean the ai enemies on dota ? lol you gotta be kidding me , you must be a kid because you can be easily beaten by an a.i   , we humans have real brains and we are smarter than them  . the same thing can be applied on gambling based a.i's or on any other a.i's out there  .

With that kind of attitude, you will never grow up boi. Do some research first, please. If OpenAI can beat Dendi, pretty sure it can eliminate 99% of human out there. https://www.youtube.com/watch?v=7U4-wvhgx0w
Don't be so salty out there boi.

you quit stock trading for that reason but you join crypto trading and you are not aware that there are also a.i and bots that manipulate the crypto market .

Who said I'm a crypto trader boi? Who said I'm not aware of that?
AFAIK a trader is not a person who occasionally convert random tokens from a signature campaign into Bitcoin.

Be more constructive or simply don't post boi.

[Betwrong]

~
 If OpenAI can beat Dendi, pretty sure it can eliminate 99% of human out there. https://www.youtube.com/watch?v=7U4-wvhgx0w
~

I don't play Dota, so the only thing I can see from this video is that AI(Bot) is beating the human player. And the human is not just a player, but he's one of the best in the field, as far as I understand.

OpenAI (Bot) was given the same algorithm as to Google’s AI that beat the world’s best ‘Go’ player: it wasn't provided with any strategies, nor has it learned from human experts, it was playing with itself from the very beginning and making small improvements, step by step, has has become the best player in the world.

They say AI can beat any player in poker, but I personally doubt it, and it would be very interesting to try to play poker with such a bot.

[Zicadis]

~
 If OpenAI can beat Dendi, pretty sure it can eliminate 99% of human out there. https://www.youtube.com/watch?v=7U4-wvhgx0w
~

I don't play Dota, so the only thing I can see from this video is that AI(Bot) is beating the human player. And the human is not just a player, but he's one of the best in the field, as far as I understand.

OpenAI (Bot) was given the same algorithm as to Google’s AI that beat the world’s best ‘Go’ player: it wasn't provided with any strategies, nor has it learned from human experts, it was playing with itself from the very beginning and making small improvements, step by step, has has become the best player in the world.

They say AI can beat any player in poker, but I personally doubt it, and it would be very interesting to try to play poker with such a bot.

If the AI can destroy players at a game like Dota, why wouldn't it completely annihilate humans at a much simpler game, like Poker?

Sure, it might not be able to interpret tells and other signs of deception, but purely playing it by the numbers should allow it to beat pretty much any professional over the long run.

[bittraffic]

Okay so we are promoting them in our signatures but majority of us doesn't believe they are doing fair on their system.  Does that sound right?
I seriously think of promoting something else now like a project doing IEO than the gambling site I kept playing on.

~
 If OpenAI can beat Dendi, pretty sure it can eliminate 99% of human out there. https://www.youtube.com/watch?v=7U4-wvhgx0w
~

I don't play Dota, so the only thing I can see from this video is that AI(Bot) is beating the human player. And the human is not just a player, but he's one of the best in the field, as far as I understand.

OpenAI (Bot) was given the same algorithm as to Google’s AI that beat the world’s best ‘Go’ player: it wasn't provided with any strategies, nor has it learned from human experts, it was playing with itself from the very beginning and making small improvements, step by step, has has become the best player in the world.

They say AI can beat any player in poker, but I personally doubt it, and it would be very interesting to try to play poker with such a bot.

If the AI can destroy players at a game like Dota, why wouldn't it completely annihilate humans at a much simpler game, like Poker?

Sure, it might not be able to interpret tells and other signs of deception, but purely playing it by the numbers should allow it to beat pretty much any professional over the long run.

I can't imagine how heavily coded the AI in that case but even so, it beat a human?  Why can't they do a robot for that to attack terrorist.

[Indamuck]

The casino business already pulls in billions every year, how much more of an edge do they need?  They already have one of the best business models where people basically just hand over there money to them.  AI will change a lot of things but I don't see it having a big affect on gambling. 

[Ucy]

Gambling is all about random number generation, and provably fair scheme provides guarantees that casino doesn't cheat, but we also know that humans are horrible random number generators - we are very easily predictable.

There are many online demonstrations available, I'll just drop one here: http://www.cs.stir.ac.uk/~kms/schools/rps/index.php
After a small number of games, computer becomes quite good at consistently beating you at the game.

So, theoretically a casino can observe how you place your bets, then predict your next bets and make their own bets (they always go first) accordingly. The flaw here is if this algorithm is implemented too naively, it can be abused by players by making big amounts of predictable low-value bets, and then making a big opposite bet.

If this is already been done wouldn't it be reasonable to use brand new accounts for every bet? It is actually possible that the big casinos have a way of making rough estimates of gamblers next moves

[Tungsten-1]

Okay so we are promoting them in our signatures but majority of us doesn't believe they are doing fair on their system.  Does that sound right?
I seriously think of promoting something else now like a project doing IEO than the gambling site I kept playing on.

~
 If OpenAI can beat Dendi, pretty sure it can eliminate 99% of human out there. https://www.youtube.com/watch?v=7U4-wvhgx0w
~

I don't play Dota, so the only thing I can see from this video is that AI(Bot) is beating the human player. And the human is not just a player, but he's one of the best in the field, as far as I understand.

OpenAI (Bot) was given the same algorithm as to Google’s AI that beat the world’s best ‘Go’ player: it wasn't provided with any strategies, nor has it learned from human experts, it was playing with itself from the very beginning and making small improvements, step by step, has has become the best player in the world.

They say AI can beat any player in poker, but I personally doubt it, and it would be very interesting to try to play poker with such a bot.

If the AI can destroy players at a game like Dota, why wouldn't it completely annihilate humans at a much simpler game, like Poker?

Sure, it might not be able to interpret tells and other signs of deception, but purely playing it by the numbers should allow it to beat pretty much any professional over the long run.

I can't imagine how heavily coded the AI in that case but even so, it beat a human?  Why can't they do a robot for that to attack terrorist.

So we have many application of artificially designed intelligent robots and software that have been helping so much in the business. Couple of days ago I visited Proctor&Gamble’s website and I saw an option for online chat. I though it is a correspondent but it was mid night and correspondents usually do not job at such times. Later I found it is their AI software that helps you with stuff. This is the reason why so many people love P&G and AI.

[seleme]

I think the widely used face detecting technology can help casinos staff to detect the cheaters among local visitors and prevent their entrance to the casino. The AI based casino management will not be successful in online sphere due to the obvious reasons. The house always wins, why to combine this edge with something that has not proven yet..