[POLL] Using AI to predict outcomes

[bittraffic]

Has anyone made any progress is uncovering the secrets to get AI to help decide on bets to place for sporting events? With the NBA season now quickly approaching, it would be great to get to mess around with AI and placing bets on games. I guess I’ll have to get down and dirty and see what solution I can come up with.

Of all the AIs launching all over the internet, none so far was able to release one that is for sports betting. The one that it can be relied on is the Bookmarker itself to which whoever has the odds of winning, would also be the pick of the AI.

It's gonna be harder for developers to really get involved in outcome prediction for sports. Probably not as easy as AIs for writing articles and answering questions where AIs can pull sources from the internet.

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[rahmad2nd]

Has anyone made any progress is uncovering the secrets to get AI to help decide on bets to place for sporting events? With the NBA season now quickly approaching, it would be great to get to mess around with AI and placing bets on games. I guess I’ll have to get down and dirty and see what solution I can come up with.

It seems that Al's technology is no longer something that is excited about in our community. now, the discussion about Al has greatly reduced unlike when we first discussed this phenomenon in the community. Until now, I have never even tried this artificial intelligence technology. somehow I'm not too interested when referring to betting predictions, because there are several factors behind my understanding of Al's predictions whose accuracy cannot be ascertained at all.

But let's just wait, maybe someone from the community is experimenting with this artificial intelligence technology. The NBA season may be drawing near, but the football season has only just begun. something that really interests me, if anyone tries to predict the outcome of the game from this artificial intelligence technology. even though I'm not at all sure and believe in the predictions made by the machine, at least curiosity seems to surround my mind. well, let's wait for the response from the community who may have conducted experiments by trying to predict using AI.

[nullama]

Has anyone made any progress is uncovering the secrets to get AI to help decide on bets to place for sporting events? With the NBA season now quickly approaching, it would be great to get to mess around with AI and placing bets on games. I guess I’ll have to get down and dirty and see what solution I can come up with.

I think the main issue with this is that AI requires a lot of time for training, so it's not usually aware of the latest things that have happened, which are the most critical for sports.

Probably if you can constrain it to just real time betting in sports, you might be able to do some transfer learning and keep updating the model quite fast, but I'm not sure something like that is available openly.

[len01]

-snip

but of the many things we have talked about here, have you ever thought that an employee or a development team at one of the casinos could make AI for betting or in other words make AI for other income, have you ever thought about this?
TBH, a few days ago I had the thought of whether it is possible if an employee or team in a casino tries to make AI to bet using another account because that person knows the weakness of the system so tries to find other advantages by making AI to bet and get wins that can earn income addition. I think its a little ridiculous but it can happen because sometimes insiders cannot be fully trusted.

[Slow death]

-snip

but of the many things we have talked about here, have you ever thought that an employee or a development team at one of the casinos could make AI for betting or in other words make AI for other income, have you ever thought about this?
TBH, a few days ago I had the thought of whether it is possible if an employee or team in a casino tries to make AI to bet using another account because that person knows the weakness of the system so tries to find other advantages by making AI to bet and get wins that can earn income addition. I think its a little ridiculous but it can happen because sometimes insiders cannot be fully trusted.

in the case of sports betting, that person who works at the casino and even if he were the employee responsible for coding would not be able to predict correctly the result of the games of some sport, even if someone created the most incredible AI in the world, even so this AI would be committing errors in game predictions, that's because in sport there are many factors that even being very well analyzed they defy all that analysis. for example, a few days ago there was a game in the Portuguese league, who was playing was benfica against boavista. the odd for Benfica to win the game was 1.22 and when looking at the squads of both teams it was clear the difference

Benfica has a much better squad than Boavista's squad, Benfica didn't have injured players and Boavista too, looking at the value of the odds, looking at the squads of the two teams, looking at the performance of the last games of the two teams, people could say: benfica will win this game without many problems, and these people could even bet a lot of money on benfica to win the game, because they are seeing a big advantage for benfica. but it turns out that in this game benfica lost the game. they conceded 3 goals and didn't lose due to bad luck, they lost because they were weaker than the opponent

and see that the funniest thing about this game is that benfica is winning by 2 - 0, anyone would say that benfica already won, but boavista drew and then scored the winning goal. this shows that even AI will not be able to predict the results of the games when it comes to sports betting

[Lucasgabd]

Yes, Casino will go up to that far just to make sure that they are protecting their business, if there's a chance that AI may read how the casino system works and find ways to breach and beat it up, it will endanger the business, though for sure before things go far casino developers and owners already have that knowledge about it and will do everything to prevent it.

I like that example on your first statement about by hook or by crook, anything that in their power they will use it to make sure that
gambler will not have that advantage.

exactly, gambling is a very profitable business and you have a lot of money to do anything like hire a team of developers who are reliable in all aspects of the system on the casino platform or even hire white hackers to protect against bad hackers who try to make AI that can read the workings of casinos. so that any attempt to make it will never work because the security or system in gambling is so tight that it is difficult to beat the casino using AI and the chances are very small.
except for new casinos that do not have huge traffic yet and do not have a professional development team that can still be hacked using AI.

is it possible to have some idea of how profitable?
why wonder what the margins are
if I had to bet I'd say it's way beyond 100% for online casinos
but I have no idea, do you think it reaches the thousands?

if a system is well designed AI won't be able to beat it, the house will keep their edge

[nullama]

~snip~
in the case of sports betting, that person who works at the casino and even if he were the employee responsible for coding would not be able to predict correctly the result of the games of some sport, even if someone created the most incredible AI in the world, even so this AI would be committing errors in game predictions, that's because in sport there are many factors that even being very well analyzed they defy all that analysis. for example, a few days ago there was a game in the Portuguese league, who was playing was benfica against boavista. the odd for Benfica to win the game was 1.22 and when looking at the squads of both teams it was clear the difference

Benfica has a much better squad than Boavista's squad, Benfica didn't have injured players and Boavista too, looking at the value of the odds, looking at the squads of the two teams, looking at the performance of the last games of the two teams, people could say: benfica will win this game without many problems, and these people could even bet a lot of money on benfica to win the game, because they are seeing a big advantage for benfica. but it turns out that in this game benfica lost the game. they conceded 3 goals and didn't lose due to bad luck, they lost because they were weaker than the opponent

and see that the funniest thing about this game is that benfica is winning by 2 - 0, anyone would say that benfica already won, but boavista drew and then scored the winning goal. this shows that even AI will not be able to predict the results of the games when it comes to sports betting

Well, of course. Sports results are a random event, otherwise you wouldn't be able to bet in them

The key thing is to have a system that gives you as close as reality as possible how probable certain team is going to win. If you have a better model than the casinos, then you might be able to get some kind of edge against the casinos.

But of course, this might not always apply because casinos have huge resources and they usually have better quality data, they even have people looking at the games(even 3rd division matches) in real time, annotating what's happening.

[maydna]

-snip

but of the many things we have talked about here, have you ever thought that an employee or a development team at one of the casinos could make AI for betting or in other words make AI for other income, have you ever thought about this?
TBH, a few days ago I had the thought of whether it is possible if an employee or team in a casino tries to make AI to bet using another account because that person knows the weakness of the system so tries to find other advantages by making AI to bet and get wins that can earn income addition. I think its a little ridiculous but it can happen because sometimes insiders cannot be fully trusted.

I've been thinking about that, and it could happen because if AI can really help them to get another income, maybe they'll try to use it. But they won't use their account but might ask a friend to help them play using a different account so that there are no suspicions from the casino if they win.

Of course, employees can do this, especially if they know there are leaks or weaknesses in the system and use it for their own interests to get money. And if it's related to money, people will be dazzled and use many ways to get it.

[len01]

-snip

-snip

I've been thinking about that, and it could happen because if AI can really help them to get another income, maybe they'll try to use it. But they won't use their account but might ask a friend to help them play using a different account so that there are no suspicions from the casino if they win.

Of course, employees can do this, especially if they know there are leaks or weaknesses in the system and use it for their own interests to get money. And if it's related to money, people will be dazzled and use many ways to get it.

I do not know the details of how employees or teams work in a casino, but surely it has happened. I mean we all do not know how a team or employees work in a casino, but remembering that humans are always greedy with money, of course this has been done, its just that we do not really know about it all.

it makes sense when a team or employee tries to create their own AI to beat the casino taking advantage of system weaknesses and trying to use other people accounts to test whether AI can work properly and of course not using their own family account, of course the casino can easily find out .
I also think that the AI created by the team itself to make a profit from the casino one day changes hands or someone leaks about the AI, which is also very risky because it violates the rules of the casino employees themselves. but I hope this does not happen too much in a big casino

[o48o]

Has anyone made any progress is uncovering the secrets to get AI to help decide on bets to place for sporting events? With the NBA season now quickly approaching, it would be great to get to mess around with AI and placing bets on games. I guess I’ll have to get down and dirty and see what solution I can come up with.

I am currently in progress of trying to get results on match/fight predictions with chatGPT4. It takes some prompt hacking and when i get some free time i'll post results. If i get good results, i guess just have to find free time to code a bot that automates results.

Of all the AIs launching all over the internet, none so far was able to release one that is for sports betting. The one that it can be relied on is the Bookmarker itself to which whoever has the odds of winning, would also be the pick of the AI.

It's gonna be harder for developers to really get involved in outcome prediction for sports. Probably not as easy as AIs for writing articles and answering questions where AIs can pull sources from the internet.

I am not sure what you are talking about, there are numerous of them, some are free to use, some are not. I am guessing that quality of their "AI" varies a lot. I put "AI" on quotes as people are calling any old program AI these days.

And since meta released their AI as open source, i am pretty sure people have coded their own bots.

[Fivestar4everMVP]

Has anyone made any progress is uncovering the secrets to get AI to help decide on bets to place for sporting events? With the NBA season now quickly approaching, it would be great to get to mess around with AI and placing bets on games. I guess I’ll have to get down and dirty and see what solution I can come up with.

Well, not trying to discourage you as I understand that what you are planning on embarking on could be a big adventure for you, even of it ends up not being profitable, but all I can say is that, you should consider this, like I've said, an adventure and be ready to lose money for it, Ai technologies are still very young, and even if they will be able to correctly predict the outcome of some sports games in the future, that future is not now, right now, I personally believe that any body engaging Ai technologies in sports betting should be ready to lose money in the process, if there was ways to test the Ai for how accurate or correct they can be in sports betting, without committing money at first, I would have advised that a test be done for some time before trusting Ai judgment of the outcome of any sports, this is just to avoid unnecessary loses.

[maydna]

~snip~

I do not know the details of how employees or teams work in a casino, but surely it has happened. I mean we all do not know how a team or employees work in a casino, but remembering that humans are always greedy with money, of course this has been done, its just that we do not really know about it all.

it makes sense when a team or employee tries to create their own AI to beat the casino taking advantage of system weaknesses and trying to use other people accounts to test whether AI can work properly and of course not using their own family account, of course the casino can easily find out .
I also think that the AI created by the team itself to make a profit from the casino one day changes hands or someone leaks about the AI, which is also very risky because it violates the rules of the casino employees themselves. but I hope this does not happen too much in a big casino

When it comes to a lot of money, people can change immediately and want to control their money so that can happen. And a very hard work atmosphere can make teamwork fall apart and create new problems internally, which will affect the performance of all teams. Especially if someone feels jealous and knows there is a bug in the system, they may use the system for their needs to earn more money besides getting their salary.

But of course the employee will not try it with his account but will order or ask someone close to him to try it under his direction. And when it does, they'll take the money and probably quit their jobs with the money. But for big casinos, it doesn't happen but it depends on the internal relations of fellow employees.

[Fredomago]

~snip~

I do not know the details of how employees or teams work in a casino, but surely it has happened. I mean we all do not know how a team or employees work in a casino, but remembering that humans are always greedy with money, of course this has been done, its just that we do not really know about it all.

it makes sense when a team or employee tries to create their own AI to beat the casino taking advantage of system weaknesses and trying to use other people accounts to test whether AI can work properly and of course not using their own family account, of course the casino can easily find out .
I also think that the AI created by the team itself to make a profit from the casino one day changes hands or someone leaks about the AI, which is also very risky because it violates the rules of the casino employees themselves. but I hope this does not happen too much in a big casino

When it comes to a lot of money, people can change immediately and want to control their money so that can happen. And a very hard work atmosphere can make teamwork fall apart and create new problems internally, which will affect the performance of all teams. Especially if someone feels jealous and knows there is a bug in the system, they may use the system for their needs to earn more money besides getting their salary.

But of course the employee will not try it with his account but will order or ask someone close to him to try it under his direction. And when it does, they'll take the money and probably quit their jobs with the money. But for big casinos, it doesn't happen but it depends on the internal relations of fellow employees.

Getting your point, anything is possible when we are dealing with money, like what you mentioned people change when there's huge money involved, in terms of teams who will develop and AI that may beat the casino, internal exploit is possible as they know what they are trying to break, though they will not expose themselves and let someone to use it, but again, it's money and people can be greed to exploit themselves and being caught then things will be burn everything and those people behind will be punished.

[nullama]

~snip~
Getting your point, anything is possible when we are dealing with money, like what you mentioned people change when there's huge money involved, in terms of teams who will develop and AI that may beat the casino, internal exploit is possible as they know what they are trying to break, though they will not expose themselves and let someone to use it, but again, it's money and people can be greed to exploit themselves and being caught then things will be burn everything and those people behind will be punished.

Even if something like that would happen, then the AI systems of the casinos would integrate that singular experience into their model, and it won't happen again.

So, in the unlikely scenario that someone manages to get an AI system to get way more realistic odds than what the casino has, and manages to get a win, that will get patched soon basically.

It's how casinos have evolved over time, that's why they added the 00 in the roulette, they wanted to increase their chances to win.

[len01]

~snip~

I do not know the details of how employees or teams work in a casino, but surely it has happened. I mean we all do not know how a team or employees work in a casino, but remembering that humans are always greedy with money, of course this has been done, its just that we do not really know about it all.

it makes sense when a team or employee tries to create their own AI to beat the casino taking advantage of system weaknesses and trying to use other people accounts to test whether AI can work properly and of course not using their own family account, of course the casino can easily find out .
I also think that the AI created by the team itself to make a profit from the casino one day changes hands or someone leaks about the AI, which is also very risky because it violates the rules of the casino employees themselves. but I hope this does not happen too much in a big casino

When it comes to a lot of money, people can change immediately and want to control their money so that can happen. And a very hard work atmosphere can make teamwork fall apart and create new problems internally, which will affect the performance of all teams. Especially if someone feels jealous and knows there is a bug in the system, they may use the system for their needs to earn more money besides getting their salary.

But of course the employee will not try it with his account but will order or ask someone close to him to try it under his direction. And when it does, they'll take the money and probably quit their jobs with the money. But for big casinos, it doesn't happen but it depends on the internal relations of fellow employees.

Getting your point, anything is possible when we are dealing with money, like what you mentioned people change when there's huge money involved, in terms of teams who will develop and AI that may beat the casino, internal exploit is possible as they know what they are trying to break, though they will not expose themselves and let someone to use it, but again, it's money and people can be greed to exploit themselves and being caught then things will be burn everything and those people behind will be punished.

well, that what I mean even though greed can affect a person mindset and because of this money thing supports someone to do things that do not need to be done but they ignore it just for profit because in the long run if each uses AI that has been designed by the employee of course will be detected by other teams and immediately investigated and if it is caught who is the mastermind behind all the chaos will definitely be punished even someone who created the AI will get the most severe punishment.

although the big casinos in the short term do not really care about the losses that have been lost by the AI but gradually the casinos will take another team to investigate the case until it is seen who is the creator of the AI and will be punished and also fined a large amount of course.
but if the person only uses it occasionally just to get additional profits, not every day, it seems that in the long run it does not really matter because they know every weakness of the system at the casino.

[maydna]

~snip~

Getting your point, anything is possible when we are dealing with money, like what you mentioned people change when there's huge money involved, in terms of teams who will develop and AI that may beat the casino, internal exploit is possible as they know what they are trying to break, though they will not expose themselves and let someone to use it, but again, it's money and people can be greed to exploit themselves and being caught then things will be burn everything and those people behind will be punished.

Yes, because of money, people get greedy and want to get it even though they already have money. It is normal for a person to want more money, but what is not normal is for him to want more money and use illegal means to get it. And later, he could experience difficulties in his life, especially if he has to deal with the authorities and has to be held accountable. So using AI to predict results might be applicable in the future, especially if the technology is more advanced than now. And maybe now someone can already use AI to predict the outcome of matches.

[slapper]

~snip~

I do not know the details of how employees or teams work in a casino, but surely it has happened. I mean we all do not know how a team or employees work in a casino, but remembering that humans are always greedy with money, of course this has been done, its just that we do not really know about it all.

it makes sense when a team or employee tries to create their own AI to beat the casino taking advantage of system weaknesses and trying to use other people accounts to test whether AI can work properly and of course not using their own family account, of course the casino can easily find out .
I also think that the AI created by the team itself to make a profit from the casino one day changes hands or someone leaks about the AI, which is also very risky because it violates the rules of the casino employees themselves. but I hope this does not happen too much in a big casino

When it comes to a lot of money, people can change immediately and want to control their money so that can happen. And a very hard work atmosphere can make teamwork fall apart and create new problems internally, which will affect the performance of all teams. Especially if someone feels jealous and knows there is a bug in the system, they may use the system for their needs to earn more money besides getting their salary.

But of course the employee will not try it with his account but will order or ask someone close to him to try it under his direction. And when it does, they'll take the money and probably quit their jobs with the money. But for big casinos, it doesn't happen but it depends on the internal relations of fellow employees.

Do you really think that these simple-minded schemes haven't been tried a million times over? Sure, when there's a lot of money, weak people might waver, and some people... well, they’re just born losers. However, those who are sharp-eyed (not me) always see through the nonsense

You talk about bugs in the system as if exploiting them is as easy as ordering a coffee. Let me tell you something; only a fool would try to exploit a major system without expecting to get caught. Maybe in some little backstreet operation, but the big players? They're on top of their game

This idea of employees scheming to make a quick buck and then disappearing sounds more like a cheap novel plot than reality. Trust me, in high-stakes environments like big casinos, there are too many eyes and too many checks in place. Your assumption about it depending on internal relationships is laughable at best. It's all about power and control, and those who don't have it always end up on the losing side

[LUCKMCFLY]

~snip~

I do not know the details of how employees or teams work in a casino, but surely it has happened. I mean we all do not know how a team or employees work in a casino, but remembering that humans are always greedy with money, of course this has been done, its just that we do not really know about it all.

it makes sense when a team or employee tries to create their own AI to beat the casino taking advantage of system weaknesses and trying to use other people accounts to test whether AI can work properly and of course not using their own family account, of course the casino can easily find out .
I also think that the AI created by the team itself to make a profit from the casino one day changes hands or someone leaks about the AI, which is also very risky because it violates the rules of the casino employees themselves. but I hope this does not happen too much in a big casino

When it comes to a lot of money, people can change immediately and want to control their money so that can happen. And a very hard work atmosphere can make teamwork fall apart and create new problems internally, which will affect the performance of all teams. Especially if someone feels jealous and knows there is a bug in the system, they may use the system for their needs to earn more money besides getting their salary.

But of course the employee will not try it with his account but will order or ask someone close to him to try it under his direction. And when it does, they'll take the money and probably quit their jobs with the money. But for big casinos, it doesn't happen but it depends on the internal relations of fellow employees.

Getting your point, anything is possible when we are dealing with money, like what you mentioned people change when there's huge money involved, in terms of teams who will develop and AI that may beat the casino, internal exploit is possible as they know what they are trying to break, though they will not expose themselves and let someone to use it, but again, it's money and people can be greed to exploit themselves and being caught then things will be burn everything and those people behind will be punished.

What he says is very true, in fact I am sure that at these times there are many people working on the AI making a particular algrothmian improve himself and take many things to make a caisno fall, beat him, but of course this is not easy, anyone who If you are working on a robot, you will have to defeat an algorithm that is based on or random, and this is not Easy to do , there would be many possibilities to achieve it, in particular for me it is something that I do not see Possible for now , Besides everything This is based on Blockchain technology and it is very difficult to violate, until now there is no way to do it , Everything is pending Technology and Everything about AI, which for many is a constant fashion, the scope of AI they are very large, only now they are being used for other purposes, so all this has to be taken into consideration with what you are trying to do, just an example with ChatGPT, many things began to be done with that and They continue to do it, they are on version 4 of GPT4 and what it can still do is other new functions, such as drawing, making small videos, most of them Marvel at things that are of that style because it is obviously new , and everyone now uses ChatGPT to do more Tasks or things that Previously cost an Investigation or something similar.

When it comes to money , I think that people set their sights high in order to Achieve their goals , and this is something that they come up with and they even Achieve it, because they give a lot of dedication to this, and when it comes to a casino , Not the players , but those who have the Ability to win things in a bad way and by cheating are activated by doing all kinds of robots to see if they can break the normal security that there is always in a casino ,  what happens is that the casinos too They have their Security Issues so that an AI can break them.

So Currently you have to be very Careful , there will be many Scammers who claim to sell robots to get money from a casino or offers like that so that they can be treated as such in order to make a profit, that will be Something that will come.

[Betwrong]

~

Let's be real, any hardcore gambler out there knows that house always has the edge in the long run. Talk about tens or hundreds of millions of bets, right? But hey, who's counting? Dive into the game, feeling the rush, and hope for the best

However, the AI twist is some next-level mojo! Though I'm skeptical about AI making casinos go broke, I'd be lying if I said I wasn’t a tiny bit envious of someone smart enough to use it to their advantage. Just imagine: a little digital buddy whispering in your ear, giving you the lowdown. But remember, if it sounds too good to be true, it probably is. Game responsibly, folks

Let's just not forget that the house has the edge in the long run over all players combined. One particular player can lose everything to the house, not only the house edge, all his money. Another can win 1,000x of his bets combined, even in the long run. The probability of that is low, but if you have billions of players thing with extremely low probability can happen to some of them.

AI might help some people to have an edge over the others, but not over the casino. And, of course, even betting with the help of AI, we should play responsibly, you are right.

[maydna]

~snip~

Do you really think that these simple-minded schemes haven't been tried a million times over? Sure, when there's a lot of money, weak people might waver, and some people... well, they’re just born losers. However, those who are sharp-eyed (not me) always see through the nonsense

You talk about bugs in the system as if exploiting them is as easy as ordering a coffee. Let me tell you something; only a fool would try to exploit a major system without expecting to get caught. Maybe in some little backstreet operation, but the big players? They're on top of their game

This idea of employees scheming to make a quick buck and then disappearing sounds more like a cheap novel plot than reality. Trust me, in high-stakes environments like big casinos, there are too many eyes and too many checks in place. Your assumption about it depending on internal relationships is laughable at best. It's all about power and control, and those who don't have it always end up on the losing side

And you need to know that even though this simple scheme has been tried millions of times by many people, there must be someone who succeeds in implementing it because some of them are lucky.

But hey, if you know a programming language, it will be easy to exploit. It's not for the layman who doesn't know anything about the bugs of the casino, but for the ones who do, they'll spend their time looking for those bugs. It will be more challenging for them and not because of the gambling game but because finding the bug is a real challenge for them.

A casino is like a company where many eyes are watching it. But of the many watching eyes, there must be eyes that only look for weaknesses in a system, and they want to use the system for their benefit. Otherwise, we would not have heard of any leaks within the company in much of the news. But it's okay if you think of it as something ridiculous