[POLL] Using AI to predict outcomes

[maydna]

There will always be some pioneers that will try to do something even if it is believed that it will not work.

However even if their attempts to try to use ChatGPT will most likely fail, this could also be the reason behind one of those gamblers eventually developing an AI which can actually make more accurate predictions about the result of a particular sport match, it would not be easy but I do not think it can be more complex than the process which created ChatGPT itself.

Every development done by developers will not be easy because they always have to ensure whether the code they are using is correct and can provide a solution or if they have to modify it again. ChatGPT is now starting to develop again from a few months ago and maybe the developers are still busy testing the AI so that it can be used properly.

But I think some people are curious about whether AI gives predictions based on the data that AI gets and can provide a greater chance of victory than our analysis. Of course, this will provide exciting results for bettors because they can immediately use it without going through the search process first. But for other bettors they will still be looking for more info and not rely on AI to decide.

[bitbollo]

I tried to predict the result of the match between Sinner and Alcaraz of tonight (pretty curious to see what provide) but at the end ChatGPT4 says that this AI doesn't provide forecast about sportive events.
Pretty disappointed

[nullama]

I tried to predict the result of the match between Sinner and Alcaraz of tonight (pretty curious to see what provide) but at the end ChatGPT4 says that this AI doesn't provide forecast about sportive events.
Pretty disappointed

Interesting.

I wonder why they decided to limit the model in that way, maybe they don't want people angry with them when they lose a bet. People losing their money usually lose their minds as well, so it's probably a smart move from them.

In any case, I read that the new model has more security built in so that it doesn't do things it's not supposed to do.

[Fredomago]

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.

But we have this inherent curiosity that makes us want to look if there are available methods to win in gambling, remember we are all attracted to martingale the first time we've read about it, the logic is good but the application is bad, I'm sure people who are into gambling will try these AI's to help them in their campaign to win in gambling, we'll just see in the long run if the majority of gamblers are successful in using these AI's in their campaign in gambling.
Maybe after a year, we'll have data but I'm pretty sure it's not really that reliant to integrate into our gambling betting.

There will always be some pioneers that will try to do something even if it is believed that it will not work.

However even if their attempts to try to use ChatGPT will most likely fail, this could also be the reason behind one of those gamblers eventually developing an AI which can actually make more accurate predictions about the result of a particular sport match, it would not be easy but I do not think it can be more complex than the process which created ChatGPT itself.

Innovations of AI to make lives more convenient is what most people do. Just like ChatGPT, gamblers can make their lives easier in producing an AI that will give a prediction of a match. However, the results will definitely not a hundred percent accurate because again, there are things that AI can't consider in making predictions. Such as using a ChatGPT for a homework wherein sometimes the essay makes sense but sometimes it isn't cohesive and coherent to be understood by the reader.

There are still things to be taken care of if ever someone wants to use and AI. The pros and cons should be weighed to know whether it possess much risk or not. It's not really bad to get an idea using an AI, but of course, we must not fully rely on it without using our knowledge. Since afterall, at the end of the day the bet you made is your responsibility.

Getting a good idea with what AI provided to you is better it gives you basis with sets of information which can guide you in how to weight your decision when taking your bets, for sure most of us will use this to find some good ideas before concluding your actual pick, AI can be your edge if you know how to use it and you understand the limitations.

On that side note, limitations will be covered by human knowledge in projecting the possible outcome, and yet, the outcome can't be accurately predicted, as there are many factors that can affect the outcome.

[len01]

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.

But we have this inherent curiosity that makes us want to look if there are available methods to win in gambling, remember we are all attracted to martingale the first time we've read about it, the logic is good but the application is bad, I'm sure people who are into gambling will try these AI's to help them in their campaign to win in gambling, we'll just see in the long run if the majority of gamblers are successful in using these AI's in their campaign in gambling.
Maybe after a year, we'll have data but I'm pretty sure it's not really that reliant to integrate into our gambling betting.

There will always be some pioneers that will try to do something even if it is believed that it will not work.

However even if their attempts to try to use ChatGPT will most likely fail, this could also be the reason behind one of those gamblers eventually developing an AI which can actually make more accurate predictions about the result of a particular sport match, it would not be easy but I do not think it can be more complex than the process which created ChatGPT itself.

if a gambler developed this AI to become a more accurate predictor, wouldn't casinos all over the world go bankrupt? after all, the casino will still be smarter in every way to win and it is very unlikely that any AI or ChatGPT can predict bets with 100% accuracy. the house will always win.

from the first time, the martingale trend was just a simple strategy that was difficult for other gamblers to do. because martingale also requires sizable funds to always increase the bet amount for every loss.

[nullama]

~snip~
if a gambler developed this AI to become a more accurate predictor, wouldn't casinos all over the world go bankrupt? after all, the casino will still be smarter in every way to win and it is very unlikely that any AI or ChatGPT can predict bets with 100% accuracy. the house will always win.

from the first time, the martingale trend was just a simple strategy that was difficult for other gamblers to do. because martingale also requires sizable funds to always increase the bet amount for every loss.

Of course the casinos wouldn't go broke, because they would update the odds or the payouts accordingly.

And casinos are at the forefront of odd calculation, so probably they would have bought the guy out if it actually works and they don't know how to do it.

Think about it, how many times you hear about a casino going bankrupt vs a small business going bankrupt.

[Helena Yu]

Of course the casinos wouldn't go broke, because they would update the odds or the payouts accordingly.

And casinos are at the forefront of odd calculation, so probably they would have bought the guy out if it actually works and they don't know how to do it.

Think about it, how many times you hear about a casino going bankrupt vs a small business going bankrupt.

I don't think big casino will going bankrupt easily because they've calculate their total bankroll and the maximum amount we can bet on slots or sports, even there's a lucky gambler bet an event with maximum amount, the casino just need to pay it and limit the gambler's account to prevent him to win big amount money in the future.

In the worst case, a legit casino will declare they're bankrupt while a scam casino will abandon it and not pay the big winnings.

[redsun114]

There will always be some pioneers that will try to do something even if it is believed that it will not work.

However even if their attempts to try to use ChatGPT will most likely fail, this could also be the reason behind one of those gamblers eventually developing an AI which can actually make more accurate predictions about the result of a particular sport match, it would not be easy but I do not think it can be more complex than the process which created ChatGPT itself.

You know, the riveting aspect of your statement? It's how these "gamblers" attempting to forge an AI that can foresee sports results represent just a tiny part of a colossal occurrence in our society: the unyielding chase of advancement and ingenuity. Ponder this – from the wheel's creation to the internet's development, humans have been fueled by the ambition to break the limits of the conceivable.

Sure, loads of these innovation endeavors may flop, but each collapse inches us nearer to victory. So, even if no soul brings forth an AI that predicts sports consequences, the endeavor itself is invaluable, as it cultivates our growth as a society.

We never know what the future beholds until the time arrives and we witness the greatness. Although it's not yet possible for AI to do certain things, especially making future predictions, even if you feed it the data required for research and making analysis, it will still deny doing that, but maybe it won't be the same in near future.

GPT 4 might bring a lot of positive changes to the world of AI and how people use it. I know it will be revolutionary but to what extent? We are yet to know that. All I know is that it will be way more powerful than the current AI models we use these days.

[madnessteat]

Of course the casinos wouldn't go broke, because they would update the odds or the payouts accordingly.

And casinos are at the forefront of odd calculation, so probably they would have bought the guy out if it actually works and they don't know how to do it.

Think about it, how many times you hear about a casino going bankrupt vs a small business going bankrupt.

I don't think big casino will going bankrupt easily because they've calculate their total bankroll and the maximum amount we can bet on slots or sports, even there's a lucky gambler bet an event with maximum amount, the casino just need to pay it and limit the gambler's account to prevent him to win big amount money in the future.

In the worst case, a legit casino will declare they're bankrupt while a scam casino will abandon it and not pay the big winnings.

You're right. We don't hear much about casinos going bankrupt, compared to the banking sector or other businesses.
I can't know for sure, but it seems to me that casino owners are constantly watching their reserves and when they are depleted, they reduce the return rate for customers. And when the reserves go up, they arrange various additional marketing campaigns and promotional integrations.

[nullama]

~snip~
You're right. We don't hear much about casinos going bankrupt, compared to the banking sector or other businesses.
I can't know for sure, but it seems to me that casino owners are constantly watching their reserves and when they are depleted, they reduce the return rate for customers. And when the reserves go up, they arrange various additional marketing campaigns and promotional integrations.

Marketing campaign costs for casinos are not that expensive really, compared to the amount of money they make.

For example:

In 2021, the market size of the casino and online gambling industry worldwide reached a total of 231 billion U.S. dollars.

That means casinos are a massive, massive business. Marketing costs nowhere near that.

[noormcs5]

There are still things to be taken care of if ever someone wants to use and AI. The pros and cons should be weighed to know whether it possess much risk or not. It's not really bad to get an idea using an AI, but of course, we must not fully rely on it without using our knowledge. Since afterall, at the end of the day the bet you made is your responsibility.

I guess that even if AI cannot predict sports betting perfectly it will still be used and marketed as a tool that has this ability to predict betting. People may custom develop this tool to claim it is fit for betting while it still be an ordinary AI tool which has been built to know the future outcomes.

[STT]

One guy on twitter insists he has taken GPT code and made it possible to run completely offline with closed data only so you have greater certainty in its conclusions perhaps and security also?  Since betting is largely on historical game data and player profiles etc, it's possible being offline might be the route it takes.

Martingale was mostly about a simple idea easy to implement, not that its especially a great idea just that its an attractive concept.  If AI makes things very simple for people I guess we can presume it will become more popular so long as its especially easy to implement in betting.  If that does happen we'll have greater convergence in betting as surely AI is more likely to agree more often then people do.

[nullama]

One guy on twitter insists he has taken GPT code and made it possible to run completely offline with closed data only so you have greater certainty in its conclusions perhaps and security also?  Since betting is largely on historical game data and player profiles etc, it's possible being offline might be the route it takes.

Martingale was mostly about a simple idea easy to implement, not that its especially a great idea just that its an attractive concept.  If AI makes things very simple for people I guess we can presume it will become more popular so long as its especially easy to implement in betting.  If that does happen we'll have greater convergence in betting as surely AI is more likely to agree more often then people do.

It took thousands of researchers to release BLOOM, which is not as good as GPT: https://www.technologyreview.com/2022/07/12/1055817/inside-a-radical-new-project-to-democratize-ai

And you're saying a random dude on twitter somehow managed to get the closed source code of GPT3+ (gpt2 was open source), and made it efficient enough to run nicely on a home computer, lol.

[KiaKia]

I am sure that the present GPT isn't capable of doing this but the upcoming GPT 4 is amazing, it is said that the AI will be capable of detecting possible breaches in the blockchain or any crypto project, I am wondering how insanely smart this AI will be to achieve such results, thus could be a problem for gambling industry but I don't want to jump into conclusion, because there may be some restrictions or disadvantage of GPT 4, we don't know yet, but if any AI is capable of predicting games outcome many companies will go bankrupt, that's a certainty, I hope it doesn't get to that extent because the fun will be ruined.

[slapper]

There will always be some pioneers that will try to do something even if it is believed that it will not work.

However even if their attempts to try to use ChatGPT will most likely fail, this could also be the reason behind one of those gamblers eventually developing an AI which can actually make more accurate predictions about the result of a particular sport match, it would not be easy but I do not think it can be more complex than the process which created ChatGPT itself.

You know, the riveting aspect of your statement? It's how these "gamblers" attempting to forge an AI that can foresee sports results represent just a tiny part of a colossal occurrence in our society: the unyielding chase of advancement and ingenuity. Ponder this – from the wheel's creation to the internet's development, humans have been fueled by the ambition to break the limits of the conceivable.

Sure, loads of these innovation endeavors may flop, but each collapse inches us nearer to victory. So, even if no soul brings forth an AI that predicts sports consequences, the endeavor itself is invaluable, as it cultivates our growth as a society.

We never know what the future beholds until the time arrives and we witness the greatness. Although it's not yet possible for AI to do certain things, especially making future predictions, even if you feed it the data required for research and making analysis, it will still deny doing that, but maybe it won't be the same in near future.

GPT 4 might bring a lot of positive changes to the world of AI and how people use it. I know it will be revolutionary but to what extent? We are yet to know that. All I know is that it will be way more powerful than the current AI models we use these days.

I also think GPT 4 has the potential to significantly advance artificial intelligence. We will have to accept AI as part of our future. The GPT 4 is a major improvement over previous versions. As with any cutting-edge technology, though, we must be vigilant in our search for flaws and stumbling blocks.

Try not to feel too down, okay? Consider the possibility that GPT 4 is aware of our inquiries and declines to respond. Instead, it morphs into a comic relief character. Isn't it amusing and slightly unsettling?

When GPT 4 is released, problem-solving skills will be more valuable than humor. Finding potential threats, developing countermeasures, and formulating plans for using GPT 4's potential for good are all essential. It's wonderful that we have the opportunity to shape AI's future for the better.

[len01]

I don't think big casino will going bankrupt easily because they've calculate their total bankroll and the maximum amount we can bet on slots or sports, even there's a lucky gambler bet an event with maximum amount, the casino just need to pay it and limit the gambler's account to prevent him to win big amount money in the future.

In the worst case, a legit casino will declare they're bankrupt while a scam casino will abandon it and not pay the big winnings.

as far back as I can remember, I have never known a casino that went bankrupt. what you said is true that the casino will be smarter on the front lines and one day if someone happens to develop ChatGPT to be more accurate, maybe the casino will immediately hire that person to be part of the team at the casino.

in the end the casino will win and we are the place to lose.

I guess that even if AI cannot predict sports betting perfectly it will still be used and marketed as a tool that has this ability to predict betting. People may custom develop this tool to claim it is fit for betting while it still be an ordinary AI tool which has been built to know the future outcomes.

well maybe AI will still be marketed because of the adoption hype that is going on right now and for me that will surely pass when other advanced tools come to rival AI. I wouldn't be surprised if AI would likely continue to be developed to predict sports betting but still be inaccurate.IMO

it's just that AI can be taken into consideration for doing research before the match starts.

[AicecreaME]

I don't think big casino will going bankrupt easily because they've calculate their total bankroll and the maximum amount we can bet on slots or sports, even there's a lucky gambler bet an event with maximum amount, the casino just need to pay it and limit the gambler's account to prevent him to win big amount money in the future.

In the worst case, a legit casino will declare they're bankrupt while a scam casino will abandon it and not pay the big winnings.

as far back as I can remember, I have never known a casino that went bankrupt. what you said is true that the casino will be smarter on the front lines and one day if someone happens to develop ChatGPT to be more accurate, maybe the casino will immediately hire that person to be part of the team at the casino.

in the end the casino will win and we are the place to lose.

I guess that even if AI cannot predict sports betting perfectly it will still be used and marketed as a tool that has this ability to predict betting. People may custom develop this tool to claim it is fit for betting while it still be an ordinary AI tool which has been built to know the future outcomes.

well maybe AI will still be marketed because of the adoption hype that is going on right now and for me that will surely pass when other advanced tools come to rival AI. I wouldn't be surprised if AI would likely continue to be developed to predict sports betting but still be inaccurate.IMO

it's just that AI can be taken into consideration for doing research before the match starts.

This is one of the main reasons why AI has been trending. AI is capable of predicting and answering questions related to almost anything. ChatGPT in particular can even answer homework for a student especially if it involves an essay. There's even recent news wherein GPT helped win a hackathon although I'm not sure if this is verified. AI can do so many things if you know well how to use it to your own advantage.

Although I don't really suggest using and relying solely on AI because they can't guarantee a win despite how nice and convenient they are. I believe it should only be used as a basis but not entirely put your bet on the predicted result of AI because it could still turn out wrong and you can lose your money all at once with just a wrong decision.

[ethereumhunter]

I am sure that the present GPT isn't capable of doing this but the upcoming GPT 4 is amazing, it is said that the AI will be capable of detecting possible breaches in the blockchain or any crypto project, I am wondering how insanely smart this AI will be to achieve such results, thus could be a problem for gambling industry but I don't want to jump into conclusion, because there may be some restrictions or disadvantage of GPT 4, we don't know yet, but if any AI is capable of predicting games outcome many companies will go bankrupt, that's a certainty, I hope it doesn't get to that extent because the fun will be ruined.

Yes, I heard about GPT 4, which is a continuation of the previous GPT and it made me curious about what kind of technology will be added to that AI technology. Maybe it can detect things that are more complicated than the previous technology because other codes have been added that can support the performance of the previous AI technology. This can make AI technology grow rapidly in the future because developers are competing to bring out the latest technology about AI and release it to the public so that the public can try it. And if there are still deficiencies, the developer will work even harder to fix them, which is a development that will occur in the future.

And I think these companies will anticipate AI technology with other technologies that can help companies stay in business. We will see competition between these AI technologies in the future when they start to develop again.

[Betwrong]

One guy on twitter insists he has taken GPT code and made it possible to run completely offline with closed data only so you have greater certainty in its conclusions perhaps and security also?  Since betting is largely on historical game data and player profiles etc, it's possible being offline might be the route it takes.
~

It took thousands of researchers to release BLOOM, which is not as good as GPT: https://www.technologyreview.com/2022/07/12/1055817/inside-a-radical-new-project-to-democratize-ai

And you're saying a random dude on twitter somehow managed to get the closed source code of GPT3+ (gpt2 was open source), and made it efficient enough to run nicely on a home computer, lol.

I don't believe it either. Something like ChatGPT needs tons of servers, and they are very expensive to run.

But I would like to say a word of support to STT, because he only said "one guy on twitter insists". He never said he was telling the truth.


There's a paid version



Anyone tried it yet? What are those new features?

[LUCKMCFLY]

Getting your sentiment with that last statement, sometimes, that emotions leads us to failure and those who understand well on how to use artificial intelligence knew that with emotionless gambling/trading or anything that related to something that might affects our fears should not be used while you are into the kind of business.

Lesser risk if you allow your future goal to take place. As long as you are willing to take the risk and know how to wait till your set target will be hit, AI is useful on that kind of matter.

Well in part, as I have said in previous posts, they are things or tools that are currently available for trading, what happens is that people believe that when there is a tool or indicator it is to use it and win at once, that is something impossible, You have to have the corresponding analysis to know how to use the indicators or whatever you want, but the human analysis for me is still superior, in the game it is something else, there will always be the factor of randomness and that is what makes the difference, without However, I know that many AIs are specialized for trading and games, but it is not reliable, I would not recommend it.