[POLL] Using AI to predict outcomes

[michellee]

And in that case an AI will be way better than a human gambler, after all a human gambler can only have a limited expertise on a small number of sports, however an AI as long as it has enough data to produce models could in theory make bets on every single market available to it.

This could give a massive advantage to the developers of such an AI as there are markets that due to their unpopularity may offer better opportunities for profits, especially if we compare them to other markets which are more popular and in which casinos put more attention, and as such profits are more difficult to obtain.

The presence of AI is still being debated because some feel that AI can help many human activities, including finding complete information. The AI itself is still in the development stage. And maybe if AI can develop to a more advanced stage than now that can really help human activities, we will see how this AI works.

Today's AI developers are still trying to perfect AI technology, which doesn't stop them from achieving what they want. And the popularity of AI itself will slowly rise so that we can use AI properly. And maybe later, we can use AI to find more and valid information that we can use as additional information to bet.

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[cabron]

AIs analyzing sports accurately may really destroy sports gambling. I can only see gamblers relying much on it to make money, the lazier we become since it's like having a glimpse of the future result. 

What about the protest of Elon that AI development must be stopped?  I was watching the news about it recently that government may actually prohibit the further development of AIs.

[masulum]

AIs analyzing sports accurately may really destroy sports gambling. I can only see gamblers relying much on it to make money, the lazier we become since it's like having a glimpse of the future result. 
-snip-

Accurate analysis cannot provide the final result of the game. Unlike a system that is setting up based on a winning percentage, sports cannot be set by this system. Even though AI can analyze based on data from A-Z, in one match, the final result will not be able to be solved by AI. So, AI is only a support for analysis, nothing more than that. In the end, predictions between AI and human predictions will have similarities. However, the important point for gamblers is that the end result of getting a win from the bet is not due to good AI analysis. Maybe for online slots, if AI can hacked the system pattern, maybe AI can do more than sport analysis, because slots are working by system and online gamblers may can get advantage from it ^{(not guarantee}).

[BobK71]

AIs analyzing sports accurately may really destroy sports gambling. I can only see gamblers relying much on it to make money, the lazier we become since it's like having a glimpse of the future result. 

What about the protest of Elon that AI development must be stopped?  I was watching the news about it recently that government may actually prohibit the further development of AIs.

Even if AI try its best, it will not predict the future. But their use in other sectors is increasing day by day. Humans are rapidly becoming dependent on this AI which can lead to major disasters at one stage. And considering ‍several issues, various restrictions are being given in some countries.
The use of AI is being banned in various countries. As far i know in some countries the Development of AI has been suspended for a certain time. In may sense it is not possible to stop it even with restrictions.

[barbara44]

Now that chatgpt4 can access to net, the whole system is on a different level. Now you definitely can have an edge. If you are not trusting the AI, you can just ask pointers from it. Like compile information from any data found from the internet. That makes the whole prediction more accurate when you can access to data that almost feels like inside information. And you don't have to have any knowledge about anything. You can just compare the data and make decision.

And best part is. You don't even need to do that manually if you don't want. ChatGPT4 can run programs. That's right. You could just set it up to make bets for you. I am pretty sure someone somewhere is already selling this service forward.

What about the old versions of ChatGpt? I think it can also access the web because how can it provide answers to our questions? I don't think the answers are already preloaded since it wasn't a downloadable software and if it is, that size of the software is going to be really huge. If we don't trust the AI then we shouldn't use the entire thing but we still can if we partially trust it.

We will just follow the advice that you provide there. Insider information is not publicly posted anywhere or in the web so making a prediction using a ChatGpt will still be hard or inaccurate but we can always observe and decide if we will continue using it or not.

[Fredomago]

Now that chatgpt4 can access to net, the whole system is on a different level. Now you definitely can have an edge. If you are not trusting the AI, you can just ask pointers from it. Like compile information from any data found from the internet. That makes the whole prediction more accurate when you can access to data that almost feels like inside information. And you don't have to have any knowledge about anything. You can just compare the data and make decision.

And best part is. You don't even need to do that manually if you don't want. ChatGPT4 can run programs. That's right. You could just set it up to make bets for you. I am pretty sure someone somewhere is already selling this service forward.

What about the old versions of ChatGpt? I think it can also access the web because how can it provide answers to our questions? I don't think the answers are already preloaded since it wasn't a downloadable software and if it is, that size of the software is going to be really huge. If we don't trust the AI then we shouldn't use the entire thing but we still can if we partially trust it.

We will just follow the advice that you provide there. Insider information is not publicly posted anywhere or in the web so making a prediction using a ChatGpt will still be hard or inaccurate but we can always observe and decide if we will continue using it or not.

We always in control whether to use it or not, it's better not to be blind I mean not to blindly follow whatever the AI will dictate you but better to also analyze all this info that they provided on why they will bring you the recommendations to bet on player or team that will bring out from the system.

AI information was from what he gathered around the internet where information is being available. If you want to review, you can also search and sort it out before concluding in placing your bets.

[o48o]

AI only does analysis based on the data, it has no feeling. for example, milan playing against napoli, this was a game that happened days ago, but it serves as a good example, the AI would analyze all data and without a doubt it would predict that Napoli would win the game, that's because napoli is on top from Serie A, it has good defense, good attack and has already beaten milan in the past, while milan are not doing well in the league. it's all data that the AI would make it favor Napoli, so you would be convinced that napoli would win the game, so what could go wrong with the AI's prediction? well, what the AI could not analyze would be the following: Napoli players went to play in their countries' national teams, with that you would come back worn out, mainly because it is not easy to play in Africa

in addition to the temperatures in africa not being easy to deal with, the games also have a lot of physical contact, so when napoli's main player returned, he returned injured, without the main striker napoli was left with a weakened attack, with that it could already be predicted that napoli would not be able to win the game, but for the AI that only analyzes data, there would be no way to analyze this very important factor, only a human could think that way, the AI does not serve as something guaranteed in the analysis of a game, in sports betting i I would not trust any AI, I prefer to do analyzes alone, it is safer in my opinion, there are people who prefer to pay others or listen to others, these people would use AI

Rather then asking for a winner you could ask for an analysis summary of the teams that are playing against each other, and that would show if there are any injuries etc and remember to add them to summary of the team (what kind of injury, how long to recover etc). Imho you are underestimating how exponential has the growth been and what's the near future is going to be like. For example ChatGPT4 is already online seeking real time data and can make and run programs. Unless if you are following sports you are betting to for work, you won't have the necessary data to form your opinions from and AI can summarise it for you. As you can just ask if you can't find something.

But i am not saying they are doing a best possible job now, but progression has been increasing so fast that i don't think we need to wait for too much longer for way more accurate predictions from AI.

[rahmad2nd]

AIs analyzing sports accurately may really destroy sports gambling. I can only see gamblers relying much on it to make money, the lazier we become since it's like having a glimpse of the future result. 

What about the protest of Elon that AI development must be stopped?  I was watching the news about it recently that government may actually prohibit the further development of AIs.

Are you sure, if Al can predict or analyze sports accurately, because I really don't believe in that. So, I can't imagine it. but if so, what will happen to sports betting and that means we will lose the essence and thrill in every bet. Plus, there are lots of casinos that have gone out of business. and even if so, in other words that Al can predict anything including markets. then, is this not too much. I know, there have been many waves of protest regarding this artificial intelligence technology. not even just coming from Elon, even Bill Gates voiced the same thing. to be honest, this artificial intelligence technology really benefits us as humans. but it seems that this artificial intelligence technology "Al" will get protests from many countries. plus, famous figures. no wonder, if in the end many countries banned it.

[TheGreatPython]

The presence of AI is still being debated because some feel that AI can help many human activities, including finding complete information. The AI itself is still in the development stage. And maybe if AI can develop to a more advanced stage than now that can really help human activities, we will see how this AI works.

Today's AI developers are still trying to perfect AI technology, which doesn't stop them from achieving what they want. And the popularity of AI itself will slowly rise so that we can use AI properly. And maybe later, we can use AI to find more and valid information that we can use as additional information to bet.

It might be under debate, but the reality is that it already is helping many human activities, the activities can range from writing emails to helping developers with their coding activities. I know that it isn't perfect, everyone knows that, but it does well and with a little tweaking done by a human, the work it does is perfectly useful.

But, that doesn't include gambling or betting, because that isn't something it can do very well. If you ask it to do some research for you or analyze a match and give you a pick based on that, it might do that but the result will surely not be perfect and accurate.

[nullama]

~snip~
And in that case an AI will be way better than a human gambler, after all a human gambler can only have a limited expertise on a small number of sports, however an AI as long as it has enough data to produce models could in theory make bets on every single market available to it.

This could give a massive advantage to the developers of such an AI as there are markets that due to their unpopularity may offer better opportunities for profits, especially if we compare them to other markets which are more popular and in which casinos put more attention, and as such profits are more difficult to obtain.

Absolutely.

The thing is that a human requires a lot of time, years, to become good at a specific thing. Whereas the AI will take only weeks to become a master of any field. Over time the AI just gets better, whereas humans tend to plateau or even get worse after some years.

We are experiencing a shift right now. We already passed the digital transformation era, now everything is online. We're entering the AI wave, in which content will be created by AI instead of humans. Sure, the final creator will be the human, but the tools used will be AI powered.

[dezoel]

At the end of the day, the "feeling" is also based on previous data, so the AI could in theory model that as well.

For example, if you watch a couple of teams from another country playing against each other, and you've never seen or heard about them before, you probably won't have any "feeling" about one or the other.

And in that case an AI will be way better than a human gambler, after all a human gambler can only have a limited expertise on a small number of sports, however an AI as long as it has enough data to produce models could in theory make bets on every single market available to it.

This could give a massive advantage to the developers of such an AI as there are markets that due to their unpopularity may offer better opportunities for profits, especially if we compare them to other markets which are more popular and in which casinos put more attention, and as such profits are more difficult to obtain.

We agree that AI can be able to attain expertise in every sport, and might even be able to bet on almost every market based on research and analysis that it does, but as discussed earlier, what about the things that only a human can see and know? Like an injury of a player, which happens on the same day when the match is about to be played.

Now, the human who is about to bet on that game will keep himself updated and will surely see the news somewhere like on TV, etc. But what about AI? If it misses a massive update that is a game changer, it will probably still place the bet without knowing that, and it can cause a loss for sure.

[RealMalatesta]

~snip~
I think you are overestimating the fact that AI can somehow manage to figure out the random. Random is random and that can't be figured out, there is no way, and if you are a casino then you can use AI for your benefit, but if you are a gambler there is no way that you can use it for your benefit at all, it would not be working properly at all.

I hope that people would be doing something that could benefit them in the long run with AI, like even medical stuff which could be pretty good, but obviously there is a big question mark of should it even be responsible for it. But the help would always be welcomed but when it comes to gambling? I do not think so.

Well, it all depends on what you are measuring, and the data available.

For example, if you throw a dice there's one out of six chances that a number 6 appears. That's because you don't know anything about the dice, but in reality the more you know, the closer and better probabilities you can calculate. Maybe that particular dice is loaded, and maybe you know how it's being thrown, the environment, etc, the more you know, the better prediction you can get, and maybe you know that in that particular case the chances of getting a 6 are more like 50% instead of 1 out of 6.

So, random is completely random when you don't know any better, but if you do know more information you can definitely reduce the noise and get a better estimate.

That is a wishful thinking and nothing more. If you roll a dice, you get six one out of six times on average, and that's the only thing that matters, rest are wishful data and not real data, they are not valid logical hard concrete data. The "wind" or whatever, is not going to get calculated. I know it is just an example, but when you look at sports for example, from the morale to the weather, to having a fight with gf before the game, all of that is a big deal and that's what matters.

AI won't know about that, there is no world AI can calculate "all" the data, and that is why we won't know who will win a game before it happens, we can know "probably" who will win, but we already know that, it's called odds.

[Fatunad]

~snip~
And in that case an AI will be way better than a human gambler, after all a human gambler can only have a limited expertise on a small number of sports, however an AI as long as it has enough data to produce models could in theory make bets on every single market available to it.

This could give a massive advantage to the developers of such an AI as there are markets that due to their unpopularity may offer better opportunities for profits, especially if we compare them to other markets which are more popular and in which casinos put more attention, and as such profits are more difficult to obtain.

Absolutely.

The thing is that a human requires a lot of time, years, to become good at a specific thing. Whereas the AI will take only weeks to become a master of any field. Over time the AI just gets better, whereas humans tend to plateau or even get worse after some years.

We are experiencing a shift right now. We already passed the digital transformation era, now everything is online. We're entering the AI wave, in which content will be created by AI instead of humans. Sure, the final creator will be the human, but the tools used will be AI powered.

Even how AI would be enhanced or progressed out but still it would really be that human beings or its creator are still superior on some angles but we cant deny that AI creation is something revolutionary which would really be that beneficial for the entire human race. There are really some doubts and anxieties about it because they've been thinking negatively about being a threat to humanity without even trying to
go into that realistic side of things. Speaking about applying it out on predicting outcomes then it could give out tips and suggestions but since gambling is totally random in terms of outcomes
then it wouldnt really be that just as precise.

[nicolas1979]

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?

We will rely on the software if a gambling is related to casinos, card games, and the like. But with regards to sports, many predictions failed. But sports are more easily managed by gambling experts when they are in the field. This is not a matter of prediction, but rather a game of the system.

[nullama]

~snip~

Even how AI would be enhanced or progressed out but still it would really be that human beings or its creator are still superior on some angles but we cant deny that AI creation is something revolutionary which would really be that beneficial for the entire human race. There are really some doubts and anxieties about it because they've been thinking negatively about being a threat to humanity without even trying to
go into that realistic side of things. Speaking about applying it out on predicting outcomes then it could give out tips and suggestions but since gambling is totally random in terms of outcomes
then it wouldnt really be that just as precise.
[/quote]

Yeah, at the end of the day, it's humans using these new tools the ones that will benefit from these things.

People relying on older technology will end up with worse or slower results.

[maydna]

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?

We will rely on the software if a gambling is related to casinos, card games, and the like. But with regards to sports, many predictions failed. But sports are more easily managed by gambling experts when they are in the field. This is not a matter of prediction, but rather a game of the system.

Not really, because in sports betting, you can increase your chances of winning if you have more information about the game. And when ChatGPT is more advanced than it is now so it can collect more useful information, perhaps, your chances will also be higher because you can find out who will win in that match.

But unfortunately, ChatGPT cannot be used as a tool to collect more accurate information. But we can still try to find that information ourselves through many sources.

[coin-investor]

AIs analyzing sports accurately may really destroy sports gambling. I can only see gamblers relying much on it to make money, the lazier we become since it's like having a glimpse of the future result.

If the development of AIs continues there will come a time when these developers can create a perfect AI that can actually predict results in sports betting and many casinos will be in trouble, even newbies in sports betting can beat the house and this is not good for the industry.

What about the protest of Elon that AI development must be stopped?  I was watching the news about it recently that government may actually prohibit the further development of AIs.

He is right in calling for that because there's a risk for society many will lose their jobs and will be replaced by these AI, there could be a time when industries will heavily dependent on AI because its cheap and industries can save a lot, I have seen this scene in one of the series of the movie Terminator.

[nullama]

AIs analyzing sports accurately may really destroy sports gambling. I can only see gamblers relying much on it to make money, the lazier we become since it's like having a glimpse of the future result.

If the development of AIs continues there will come a time when these developers can create a perfect AI that can actually predict results in sports betting and many casinos will be in trouble, even newbies in sports betting can beat the house and this is not good for the industry.

What about the protest of Elon that AI development must be stopped?  I was watching the news about it recently that government may actually prohibit the further development of AIs.

He is right in calling for that because there's a risk for society many will lose their jobs and will be replaced by these AI, there could be a time when industries will heavily dependent on AI because its cheap and industries can save a lot, I have seen this scene in one of the series of the movie Terminator.

There will always be a random element in any sports competition, so gambling will always be there, even if the AIs are extremely accurate in predicting the odds. Remember that it's just the odds they calculate, say a coin has 50% chances in showing heads after a toss. The casino simply pays say 45 cents for every dollar you bet. In the long term the casino will make money because it pays less than what's expected, 50c. So the same applies with sports betting, just more complicated. Even if the AI gets the odds perfect, the casinos just pay less.

People can ask for stopping anything, but if there's benefit to be made, someone, somewhere will be pushing for it.

[Betwrong]

AIs analyzing sports accurately may really destroy sports gambling. I can only see gamblers relying much on it to make money, the lazier we become since it's like having a glimpse of the future result. 

What about the protest of Elon that AI development must be stopped?  I was watching the news about it recently that government may actually prohibit the further development of AIs.

No, sports betting will not go anywhere. Even if AIs' analysis will be very accurate, it will never be perfect. Let's assume that AI predicts Liverpool to win, and it's previous predictions were 99% accurate. Of course most people will bet on Liverpool in that case, and, as a result, they will be betting with something like 1.009 odds. Thus, bettors that will bet on another team, will get great odds for their bets, and they will get a good multiplier on their bet in that rare case when AI turned out to be wrong. There will always be enough of such people. In fact, I would be one of them betting against the AI. I'm sure, it would be fun.

[robelneo]

People can ask for stopping anything, but if there's benefit to be made, someone, somewhere will be pushing for it.

I don't think it can be stopped even Elon cannot do it, he can only appeal and even if he uses his influence the developers will not listen, companies are always looking to cut their costs, and AI is the answer, and if these AI has a fair winning rate gamblers will be tempted to use them they will prefer to take a chance on AI than prefer to take a chance on their chances.
AI will remain and it will find its way into the gambling sector because there are gamblers who will not stop finding the right strategy to win or beat the house.