[POLL] Using AI to predict outcomes

[traderethereum]

Normally that the information you put on robot, the robot can give you a result based on that information. Moreover, the robot can perform some advanced calculations based on the given data. However, it is not possible to get any results based on the information that he does not have. Moreover, gambling is not based on any information. By using AI someone can easily see the highlight the plus and minus aspects in gamble but predicting win or lose is never possible.

Robots are used to calculate how high the percentage of a decision we will make so that we know and can make the right decision.
And those of us who use it will see which option might give the highest results among the other options.
But we, as people who will make the decision, cannot simply leave the decision based on the robot because we will think about other considerations that the robot may not get.
AI technology provides a positive side where we don't need to spend a long time collecting information but the final decision is still in our hands.

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[lizarder]

It would be interesting to read any kind of paper comparing the predictive power of these new types of AI systems with traditional predictions.

It is clear that there is a difference between predictions using artificial intelligence and using traditional prediction patterns, but what you have to understand is that gamblers have other criteria besides using that.

I'm guessing the AI would potentially be better, but I'm not really sure. It's usually great a simpler things, but then it kinda degrades its performance.

At the end of the day it's all just math, and models.

Even that is not a conjecture but rather a reality given by artificial intelligence in making predictions, but it also depends on what kind of gambling you are betting on, although in general artificial intelligence is capable of making predictions for all forms of gambling.

At the conclusion stage taken by gamblers, they do not rely solely on artificial intelligence or predictions using traditional patterns, because it is not certain that predictions made using these two patterns will be much more precise and what I know is that gambling does not have a formula and that is why it is often considered luck.

[Fredomago]

~snip~
Artificial intelligence is usually only used for comparative data in making prediction decisions and that is usually what we do in football betting, artificial intelligence will follow the statistics of previous matches in providing predictive answers, but the level of accuracy is not always right. Gamblers can take samples for consideration from ChatGPT but research others have to be made for comparison and trusting it completely is not necessarily optimal.

The closest example is the result of the match between Liverpool vs Manchester United, predictions made by artificial intelligence are far from the final result of the match, so to answer the accuracy of predictions sometimes it is not always right.

It would be interesting to read any kind of paper comparing the predictive power of these new types of AI systems with traditional predictions.

I'm guessing the AI would potentially be better, but I'm not really sure. It's usually great a simpler things, but then it kinda degrades its performance.

At the end of the day it's all just math, and models.

And it would be depending with how you will use it and how will you find your edge in using it with your gambling activities, the chance of improving is possible and thru time there's always good improvement that will be offer but we should also consider that AI will also be available for the house and not just for the end users.

There's always enhancement that will take place for bookies not to lose their favor from this business that mostly they dominated.

[stomachgrowls]

~snip~
Artificial intelligence is usually only used for comparative data in making prediction decisions and that is usually what we do in football betting, artificial intelligence will follow the statistics of previous matches in providing predictive answers, but the level of accuracy is not always right. Gamblers can take samples for consideration from ChatGPT but research others have to be made for comparison and trusting it completely is not necessarily optimal.

The closest example is the result of the match between Liverpool vs Manchester United, predictions made by artificial intelligence are far from the final result of the match, so to answer the accuracy of predictions sometimes it is not always right.

It would be interesting to read any kind of paper comparing the predictive power of these new types of AI systems with traditional predictions.

I'm guessing the AI would potentially be better, but I'm not really sure. It's usually great a simpler things, but then it kinda degrades its performance.

At the end of the day it's all just math, and models.

And it would be depending with how you will use it and how will you find your edge in using it with your gambling activities, the chance of improving is possible and thru time there's always good improvement that will be offer but we should also consider that AI will also be available for the house and not just for the end users.

There's always enhancement that will take place for bookies not to lose their favor from this business that mostly they dominated.

No matter on what it would be as long it would be putting those bookies on disadvantage, then we do really believe that they wont really be making something to get rid of it if it does really work?

It is really just that a false hope if someone do really mind off about using AI on their betting on which trying out to prove that it does work or have higher chances of winning which we know that it cant be possible.

If you are really that curious about this then you could really test out for yourself whether it is really that working or just people are trying to push up on something
which doesnt really work at all.

[lizarder]

<Snip>There's always enhancement that will take place for bookies not to lose their favor from this business that mostly they dominated.

That is why separate analysis is needed and not relying only on artificial intelligence in deciding which gambling predictions you will play, because basically no gambling company expects that they will go bankrupt with an accurate prediction method using any sophisticated tool created by humans.

<Snip> It is really just that a false hope if someone do really mind off about using AI on their betting on which trying out to prove that it does work or have higher chances of winning which we know that it cant be possible.

If you are really that curious about this then you could really test out for yourself whether it is really that working or just people are trying to push up on something
which doesnt really work at all.

Basically you have to understand that artificial intelligence is a human creation and there is also no guarantee that the level of accuracy of predictions using them will always be correct, but I can say that artificial intelligence or ChatGPT has a prediction accuracy rate of above 50%, even though it does not apply to all gambling conditions that you bet on.

Therefore relying on ChatGPT without making a separate analysis is also not quite right, every decision taken by gamblers is basically more on instinct and other aids are more on initial considerations before making a decision.

[beerlover]

No matter on what it would be as long it would be putting those bookies on disadvantage, then we do really believe that they wont really be making something to get rid of it if it does really work?

It is really just that a false hope if someone do really mind off about using AI on their betting on which trying out to prove that it does work or have higher chances of winning which we know that it cant be possible.

If you are really that curious about this then you could really test out for yourself whether it is really that working or just people are trying to push up on something
which doesnt really work at all.

I think bookies would not be in disadvantage at all, remember every winning side has a losing side and they make most of their money that way. You may think that the team that won caused the bookies lose some, but then there are other people who wagered on a draw or a win from other side and that could be the case in this situation as well.

I believe that we shouldn't really be doing anything regarding AI with betting because expecting bookies to have a losing side is a funny thing that shows we do not understand the sportsbook business at all. Plus, there will always be situations where the team that is high favorites will end up losing, and they make a bank on that too.

[LUCKMCFLY]

You're right, that's the thing that it does and it just merges with all of the data set that's been collected whenever it's been asked the same questions and predictions again and again.
I think that we're still far from the top that it can where it can really predict things based on the data and news that it will search quickly. I'd just appreciate what it can do right now but won't be asking them on how to decide on things like my bets. 

Well regarding on accurate team to win maybe AI can really give the exact answer with that since the game result still unknown and maybe the unexpected result will came since sometimes their are luck factor need to consider even if the team roosters is lacking due to injuries of their players.

Maybe the least those AI can give is all the data's needed by people about the latest inputs about the teams and this could give us a basis if which one of then is good to bet or not. Injury reports is important and its really important to ask this since AI can generate answers regarding to this matter. But at the end of the day its up for us to listen or not since the main purpose why we bet is to enjoy, so good luck to anyone seeking for ways to win and think AI is the answer to increase their chance to win.

With that, it can guess but to say that it can accurately tell a team to win with a match that hasn't happened yet then that's a prediction.
We don't know what's ahead on this emerging technology and it's not just I think a hype soon when it's already established but I just see those people that are using it for some other things but not with gambling.

What I think is that in the future when an AI is fully optimized it can help make decisions according to the criteria it has, because obviously the AI will be updated with the latest information on the sport, it will have everything related to the physical situation of the players of the teams, since they will be able to enter the web and update, but if and only if the information taken by the AI is from reliable sources, it may be that the predictions they give are wrong but they can improve that feature, I know gamblers will use it a lot, but they can't predict the future for sure.

[stomachgrowls]

No matter on what it would be as long it would be putting those bookies on disadvantage, then we do really believe that they wont really be making something to get rid of it if it does really work?

It is really just that a false hope if someone do really mind off about using AI on their betting on which trying out to prove that it does work or have higher chances of winning which we know that it cant be possible.

If you are really that curious about this then you could really test out for yourself whether it is really that working or just people are trying to push up on something
which doesnt really work at all.

I think bookies would not be in disadvantage at all, remember every winning side has a losing side and they make most of their money that way. You may think that the team that won caused the bookies lose some, but then there are other people who wagered on a draw or a win from other side and that could be the case in this situation as well.

I believe that we shouldn't really be doing anything regarding AI with betting because expecting bookies to have a losing side is a funny thing that shows we do not understand the sportsbook business at all. Plus, there will always be situations where the team that is high favorites will end up losing, and they make a bank on that too.

Okay lets say that there's winning side and losing side, but what if all bettors would be going into one side which the AI had been predicted out or recommended out? How they would really be arranging out that kind of

particular situation? This is why existence of it could really give out those kind of doubts and worry on those bookmakers but they are confidently that knowing that it cant really be possible for it to be giving off precise
predictions basing up on past history or events or informations that had been accumulated overtime or been added up into its library.

This is why its still not that relevant if we do speak about AI specially into this particular industry which there's no way for it to be that effective.

[Wakate]

ChatGPT is all the rage at the moment. I’ve seen that people are asking it to predict sporting events. Would you leave gambling decisions up to artificial intelligence? Do you see any potential drawbacks for outsourcing your bets to a software program? Has anyone here tried this yet? Do we need someone to put together a thread of ChatGPT predictions to see how accurate they are?  Any other thoughts?

I can't even imagine leaving my prediction for artificial intelligence to handle them. This might work for a while but is not the best way. We can easily ask for help but not to allow artificial intelligence to handle everything. If we start making money from the predictions that artificial intelligence makes for us then we will become too lazy to use our brain and put it into work. Gambling is not just relying on something or someone to give of games for us to bet. We need to learn tok by ourselves so we can modify any error and make things better for us.

[Leviathan.007]

I see many people talking about ChatGPT these days if they can use ChatGPT for their business, for trading or even for gambling. While the whole point about ChatGPT is it's just an AI and this is not something new in the world for us to help gamblers or other people. While the gambling system is based on luck and randomly so there should be no algorithm for it ChatGPT will also use the data provided for the engine to predict anything, that's why I think using ChatGPT won't help at all.

[Betwrong]

I tried to force ChatGPT to make a prediction about the past, or, a retrodiction, if you speak scientifically. Here's the result:

~snip~

I think it kinda gives us an impression on how ChatGPT would be predicting the future events if it were connected to the internet today and its database was updating on a daily basis.

Interesting experiment. It makes sense though, chatgpt is not trained to make prediction, instead it just basically mimics what would be searching the web for facts and replying to a question.

In a more dedicated AI, the output could have been different, because it might be trained with different types of data.

That's the thing, there's no single AI, every AI is different, just like every person is different.
~

I personally think that different AIs are not as different as humans, but actually I'd like to talk about something else.

Gamblers like me, for example, tend to bet on the underdogs with a very low probability of winning, but with some great multiplier on your bet if you turned out to be right. Would any AI suggest such betting? I don't know, maybe. Imo, it would be to speculate on what kind of data the AI would need for making such suggestions.

[BobK71]

I see many people talking about ChatGPT these days if they can use ChatGPT for their business, for trading or even for gambling. While the whole point about ChatGPT is it's just an AI and this is not something new in the world for us to help gamblers or other people. While the gambling system is based on luck and randomly so there should be no algorithm for it ChatGPT will also use the data provided for the engine to predict anything, that's why I think using ChatGPT won't help at all.

Agreed, but for those gamblers who can't make decisions on their own or there are many who manage their gambling based on luck only , this chat GPT can provide a decision. Since luck is a big factor in gambling, it is better if the gambler can win with the help of this AI. But winning in gambling does not depend solely on luck and there is no chance to avoid luck.  Need to research thoroughly and then some one can depend on luck. One should never rely on chat GPT. Because it will provide information only depending on the data.

[OgNasty]

I see many people talking about ChatGPT these days if they can use ChatGPT for their business, for trading or even for gambling. While the whole point about ChatGPT is it's just an AI and this is not something new in the world for us to help gamblers or other people. While the gambling system is based on luck and randomly so there should be no algorithm for it ChatGPT will also use the data provided for the engine to predict anything, that's why I think using ChatGPT won't help at all.

Agreed, but for those gamblers who can't make decisions on their own or there are many who manage their gambling based on luck only , this chat GPT can provide a decision. Since luck is a big factor in gambling, it is better if the gambler can win with the help of this AI. But winning in gambling does not depend solely on luck and there is no chance to avoid luck.  Need to research thoroughly and then some one can depend on luck. One should never rely on chat GPT. Because it will provide information only depending on the data.

That’s a good point. I think there are people out there that get discouraged gambling, and will pretty much bet on anything if it has a chance to be better than their own opinion. I often find myself looking at the list of recent bets, and just following other peoples crazy high odds multibet predictions with a dollar bet hoping to hit me a 3000 to 1 score. It’s just fun sometimes.

[wxa7115]

ChatGPT is all the rage at the moment. I’ve seen that people are asking it to predict sporting events. Would you leave gambling decisions up to artificial intelligence? Do you see any potential drawbacks for outsourcing your bets to a software program? Has anyone here tried this yet? Do we need someone to put together a thread of ChatGPT predictions to see how accurate they are?  Any other thoughts?

I can't even imagine leaving my prediction for artificial intelligence to handle them. This might work for a while but is not the best way. We can easily ask for help but not to allow artificial intelligence to handle everything. If we start making money from the predictions that artificial intelligence makes for us then we will become too lazy to use our brain and put it into work. Gambling is not just relying on something or someone to give of games for us to bet. We need to learn tok by ourselves so we can modify any error and make things better for us.

If letting an AI handle your bets is not up to your preferences then no one can force you to do this, however the whole point of developing an AI is to use it in a problem that is too complex and let it solve it for you.

Many people cannot really hope to ever beat the casinos and they know this, so they are putting their hopes on the use of AI to solve their problems, and even if ChatGPT is unable to do this it would not surprise me if we saw someone develop an AI specifically for this problem during the next years.

[Ondekinecakabilirim]

We all use statistics when we gamble. Yes, we are not as successful as AI at some jobs. However, we create analysis by comparing statistics enough to make a good evaluation. Nevertheless, despite all these positive efforts, we sometimes fail. I know an AI can do better than us. I agree that there may be some difference between us and AI. But this difference cannot be that big of a difference. Because we will evaluate the same data. I don't think we will produce very different results. I think they will be wrong as much as we are.

[Fredomago]

We all use statistics when we gamble. Yes, we are not as successful as AI at some jobs. However, we create analysis by comparing statistics enough to make a good evaluation. Nevertheless, despite all these positive efforts, we sometimes fail. I know an AI can do better than us. I agree that there may be some difference between us and AI. But this difference cannot be that big of a difference. Because we will evaluate the same data. I don't think we will produce very different results. I think they will be wrong as much as we are.

Generalizing the factors then I can say that the chance is still the same, as we will evaluate those data and this information that AI will provide, though AI got the advantages in terms of analysing much wide information against human intellectual capabilities, but in terms of decision making, it's still best to sort all the information and decide according to how you understand the game.

There are differences, but in the final decision making, it's still trustable to use your own knowledge instead of leaning from AI recommendations.

[Betwrong]

~ Generalizing the factors then I can say that the chance is still the same, as we will evaluate those data and this information that AI will provide, though AI got the advantages in terms of analysing much wide information against human intellectual capabilities, but in terms of decision making, it's still best to sort all the information and decide according to how you understand the game.

There are differences, but in the final decision making, it's still trustable to use your own knowledge instead of leaning from AI recommendations.

You shouldn't rely on AI completely, that's for sure, but it is still not known whether using our knowledge is better than AI's recommendations. If we knew everything and were always right, then asking AI about something would be pointless, I agree. But the thing is that we know from our own experience that we are often wrong in making decisions. Too often to rely only on our knowledge or on our feeling what to do. We need a support, and AI can provide us with that support.

[nullama]

~snip~
You shouldn't rely on AI completely, that's for sure, but it is still not known whether using our knowledge is better than AI's recommendations. If we knew everything and were always right, then asking AI about something would be pointless, I agree. But the thing is that we know from our own experience that we are often wrong in making decisions. Too often to rely only on our knowledge or on our feeling what to do. We need a support, and AI can provide us with that support.

There is a limit to what our brains can calculate intuitively though.

For example, you don't need to calculate the math for throwing a rock and hitting something. You can do this without "thinking" because our brains evolved in that direction. It's just native to us, we just "know" how fast and in which direction to throw the rock. No need for physics equations.

But, for many other things we're actually quite bad at this. For example statistics. We have a very poor native feeling for statistics. In those cases we need math because our intuition is often wrong. See Monty Hall paradox as an example.

With ChatGPT and other AI systems we will be able to tap into maths in a more natural way.

[AicecreaME]

~snip~
You shouldn't rely on AI completely, that's for sure, but it is still not known whether using our knowledge is better than AI's recommendations. If we knew everything and were always right, then asking AI about something would be pointless, I agree. But the thing is that we know from our own experience that we are often wrong in making decisions. Too often to rely only on our knowledge or on our feeling what to do. We need a support, and AI can provide us with that support.

There is a limit to what our brains can calculate intuitively though.

For example, you don't need to calculate the math for throwing a rock and hitting something. You can do this without "thinking" because our brains evolved in that direction. It's just native to us, we just "know" how fast and in which direction to throw the rock. No need for physics equations.

But, for many other things we're actually quite bad at this. For example statistics. We have a very poor native feeling for statistics. In those cases we need math because our intuition is often wrong. See Monty Hall paradox as an example.

With ChatGPT and other AI systems we will be able to tap into maths in a more natural way.

This has a point.

As humans, our capabilities has limitations. Most of the time, people suck at math. And that's already a big problem if you want to engage in gambling industry because you have to do a lot of math, from placing your bets, to calculation of the risks and the probability of winning based on the odds and the information at hand. So it will be a tough time if you'll only rely from your stock knowledge. You really have to do a research to make sure you are betting on the right choice.

However, despite our limitations, we shouldn't fully rely on using AI to predict outcomes then bet on it negligently. We could use AI to check and compare predictions but not rely on it solely because AI won't also guaranteed a win despite it having many resources. Since sometimes, the resources stored are outdated and there are other angles that haven't been analyzed in terms of considering other factors which might be relevant and timely.

[len01]

I see many people talking about ChatGPT these days if they can use ChatGPT for their business, for trading or even for gambling. While the whole point about ChatGPT is it's just an AI and this is not something new in the world for us to help gamblers or other people. While the gambling system is based on luck and randomly so there should be no algorithm for it ChatGPT will also use the data provided for the engine to predict anything, that's why I think using ChatGPT won't help at all.

Agreed, but for those gamblers who can't make decisions on their own or there are many who manage their gambling based on luck only , this chat GPT can provide a decision. Since luck is a big factor in gambling, it is better if the gambler can win with the help of this AI. But winning in gambling does not depend solely on luck and there is no chance to avoid luck.  Need to research thoroughly and then some one can depend on luck. One should never rely on chat GPT. Because it will provide information only depending on the data.

in conclusion self-predictions or AI-assisted predictions or ChatGPT, it's just a way to get closer to our luck.

even though in the end the result we will receive is only luck or unlucky but if we have a prediction in any way it is the same as we have an effort to chase luck. it's much better than just being silent and betting without predictions like not having any approach with luck.