[POLL] Using AI to predict outcomes

[len01]

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.

when AI is developed and can predict accurately about sports betting remember, casino is smart and casino will still win when it comes to betting. if the casinos caught wind of this, they'd be willing to risk spending more money to pay the people who developed the AI. so that in the end the house will win.

let's take as an example some of the ways to make a profit in sports betting such as arbitrage which sportsbooks can detect and end up having their funds confiscated. don't the casinos still win?
in this case whatever is done to beat the house, it is just a waste.

[Fredomago]

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.

when AI is developed and can predict accurately about sports betting remember, casino is smart and casino will still win when it comes to betting. if the casinos caught wind of this, they'd be willing to risk spending more money to pay the people who developed the AI. so that in the end the house will win.

let's take as an example some of the ways to make a profit in sports betting such as arbitrage which sportsbooks can detect and end up having their funds confiscated. don't the casinos still win?
in this case whatever is done to beat the house, it is just a waste.

Good argument as casino owners will not let that happened, it's their business and they will do everything to make sure that they still have the upper hand, if AI developers can create a system that can give gamblers some edge in predicting the possible outcome of the game, then bookies will make sure that they will have also a system that can counter that.

Casino owners are business people who can spend money to get good assurance that they will not throw their money and be a cash cow
for the gamblers.

But instead, they will continue the edge against the players when they play around the house, a same cycle from what they
are dealing today.

[molsewid]

Good argument as casino owners will not let that happened, it's their business and they will do everything to make sure that they still have the upper hand, if AI developers can create a system that can give gamblers some edge in predicting the possible outcome of the game, then bookies will make sure that they will have also a system that can counter that.

Casino owners are business people who can spend money to get good assurance that they will not throw their money and be a cash cow
for the gamblers.

But instead, they will continue the edge against the players when they play around the house, a same cycle from what they
are dealing today.

I agree, I think most of well known casino now hired someone to develop this kind of system that will help them not to be easily hacked by someone using AI, or will cheat the entire game using AI. AI can beat another AI, and also it still needs a maintenance and maybe frequent upgrades for bugs and additional security and features that may help a casino. But we need to be informed that it will not create 100% predictions.

[Fredomago]

Good argument as casino owners will not let that happened, it's their business and they will do everything to make sure that they still have the upper hand, if AI developers can create a system that can give gamblers some edge in predicting the possible outcome of the game, then bookies will make sure that they will have also a system that can counter that.

Casino owners are business people who can spend money to get good assurance that they will not throw their money and be a cash cow
for the gamblers.

But instead, they will continue the edge against the players when they play around the house, a same cycle from what they
are dealing today.

I agree, I think most of well known casino now hired someone to develop this kind of system that will help them not to be easily hacked by someone using AI, or will cheat the entire game using AI. AI can beat another AI, and also it still needs a maintenance and maybe frequent upgrades for bugs and additional security and features that may help a casino. But we need to be informed that it will not create 100% predictions.

Yeah right, and for sure casino owners will not let that to happen they will find ways same thing with how gamblers are trying to take some advantages using AI, with the same system casino owners will also look for the counter and will continue to enjoy their business. We will see more updates about it.

If AI for gamblers will dominate, we will expect to see more casinos to close. It's simply logical that if bookies can't handle AI, then they will just give out their money for free, right?

[wxa7115]

~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.

This is going to be interesting, because in the case of humans anything that we create belong to us and we can exploit it as we want, but AI is not protected in that way so everything that it creates can be copied by others.

And while this is not a problem in the case of a gambling AI, I wonder what will happen to all the content which will be created by AI from now on, most likely the humans behind such an AI will take the credit instead as a way to protect that content and commercially exploit it as they see fit.

[nullama]

~snip~
This is going to be interesting, because in the case of humans anything that we create belong to us and we can exploit it as we want, but AI is not protected in that way so everything that it creates can be copied by others.

And while this is not a problem in the case of a gambling AI, I wonder what will happen to all the content which will be created by AI from now on, most likely the humans behind such an AI will take the credit instead as a way to protect that content and commercially exploit it as they see fit.

It has always been like this.

Back in the days someone told you something, you then used that information to create something.

Then that transfer was done through writing and reading books.

Then through the Internet by searching and reading manually.

Now it's done with an entity that does the search for you and summarizes the results.

It's always been the same, you get information from somewhere else, then you create something.

[Supreemo]

Good argument as casino owners will not let that happened, it's their business and they will do everything to make sure that they still have the upper hand, if AI developers can create a system that can give gamblers some edge in predicting the possible outcome of the game, then bookies will make sure that they will have also a system that can counter that.

Casino owners are business people who can spend money to get good assurance that they will not throw their money and be a cash cow
for the gamblers.

But instead, they will continue the edge against the players when they play around the house, a same cycle from what they
are dealing today.

I agree, I think most of well known casino now hired someone to develop this kind of system that will help them not to be easily hacked by someone using AI, or will cheat the entire game using AI. AI can beat another AI, and also it still needs a maintenance and maybe frequent upgrades for bugs and additional security and features that may help a casino. But we need to be informed that it will not create 100% predictions.

Yeah right, and for sure casino owners will not let that to happen they will find ways same thing with how gamblers are trying to take some advantages using AI, with the same system casino owners will also look for the counter and will continue to enjoy their business. We will see more updates about it.

If AI for gamblers will dominate, we will expect to see more casinos to close. It's simply logical that if bookies can't handle AI, then they will just give out their money for free, right?

or it could be possible that they will pay someone to tweak the AI so that it will favor the house. a lot of speculations are already going around with AI and mostly it is related to how it will be integrated into existing platforms like casinos, but right now there was still no news regarding huge hacking related to AI, though we are already assuming there will be problems in regards to that, right now the house is also aware of this possibility and for sure they are also working on something to counter this kind of loop hole. there is even a possibility that in order to order to counter AI they will also use AI.

[AicecreaME]

or it could be possible that they will pay someone to tweak the AI so that it will favor the house. a lot of speculations are already going around with AI and mostly it is related to how it will be integrated into existing platforms like casinos, but right now there was still no news regarding huge hacking related to AI, though we are already assuming there will be problems in regards to that, right now the house is also aware of this possibility and for sure they are also working on something to counter this kind of loop hole. there is even a possibility that in order to order to counter AI they will also use AI.

Now that you've mentioned this, this could happen especially when big money is involved, things can flow a different way.

If the AI's developer just want enough recognition and enough money in exchange for the gambling AI built, then there will be no problem regarding bribery of tweaking the predicted results to the benefit of the casino site. However, if the developer wants to tie up with the giants or whichever casino that will give them the amount they need or want, then there's a possibility that there will be an agreement between the two for the mutual benefits, hence, producing a tweaked version of results being in favor to the house for more profits.

It's also possible to counter AI with an AI. It will just be a matter of detection and of course, maintenance of the system to know which works better than the other. To relate, but not entirely about gambling, this is in connection with AI vs AI, there's now a feature of turnitin wherein it is able to pinpoint which phrases or paragraphs are written by chagpt. This could also happen in  the future in gambling AIs to determine and counter another AI.

[ufaiz50]

I wouldn't rely on AI to predict outcomes but I could get good information with the AI on what they think of the team versus the team of the others. Sometimes, when you are not familiar with the team you will do some research about them and there are times that you'll be missing information. I am wondering what kind of AI you are going to use in prediction as some AI are not into current date and it would be risky to rely on them alone. I think it would be effective if you have ideas from them and you have your own.

[RealMalatesta]

I think most of well known casino now hired someone to develop this kind of system that will help them not to be easily hacked by someone using AI, or will cheat the entire game using AI. AI can beat another AI, and also it still needs a maintenance and maybe frequent upgrades for bugs and additional security and features that may help a casino. But we need to be informed that it will not create 100% predictions.

Not being hacked, and not being abused are different things. They can prevent AI to hack into the system by building a great system and that way you won't be able to hack into them.

However, it would be quite difficult to build something that would not be abused by AI, there is a chance that AI could end up gambling much better than people, still lose in the end of course because as long as house edge stands, there is mathematically no way you can keep gambling and make money, but that doesn't mean that you can't get extras. So that means if you gamble a lot, casinos give you something for wagering that much, and if you gamble smart, then you won't lose much and make a profit from that extra bonus you get from the casino.

[maydna]

I wouldn't rely on AI to predict outcomes but I could get good information with the AI on what they think of the team versus the team of the others. Sometimes, when you are not familiar with the team you will do some research about them and there are times that you'll be missing information. I am wondering what kind of AI you are going to use in prediction as some AI are not into current date and it would be risky to rely on them alone. I think it would be effective if you have ideas from them and you have your own.

If we are not familiar with the team, it is better that we don't have to bet on the match and look for another match where we know the team. It will be better because our chances of winning will be better too. Even though you can get information with AI, that doesn't guarantee you can get that information because the development of AI hasn't reached the stage where it can provide very accurate information. So instead of having trouble analyzing data from AI, it's better for us to bet on matches with teams we know.

[sashapan]

     The hell knows who played with whom) just bet by intuition) no artificial intelligence can not calculate the outcome of the game, a footballer can wear the wrong shoes and will not score a goal, a tennis player can sweat palms and miss will be balls, it still depends on the circumstances and they are different) So we rely on his gut

[stomachgrowls]

I wouldn't rely on AI to predict outcomes but I could get good information with the AI on what they think of the team versus the team of the others. Sometimes, when you are not familiar with the team you will do some research about them and there are times that you'll be missing information. I am wondering what kind of AI you are going to use in prediction as some AI are not into current date and it would be risky to rely on them alone. I think it would be effective if you have ideas from them and you have your own.

If we are not familiar with the team, it is better that we don't have to bet on the match and look for another match where we know the team. It will be better because our chances of winning will be better too. Even though you can get information with AI, that doesn't guarantee you can get that information because the development of AI hasn't reached the stage where it can provide very accurate information. So instead of having trouble analyzing data from AI, it's better for us to bet on matches with teams we know.

It should be on this way but we know that there are people who do make out bets even if they dont know the sports that they are involved with and just simply sticking out on the highly favorite and the worst they do

make out some all in bets which it would really be neither a win or lose.It would really be entirely be not that entertaining at all if having this way but of course there would be gamblers who would really be
minding that much about making money or profits despite of the lacking of knowledge about it.

Speaking about AI, then i dont see for it to be that something that would really be that relevant unless if you do look for information or past histories of a certain team or player
then it might do but predicting on future outcomes? Its not something that you could rely on.

[nullama]

~snip~
The hell knows who played with whom) just bet by intuition) no artificial intelligence can not calculate the outcome of the game, a footballer can wear the wrong shoes and will not score a goal, a tennis player can sweat palms and miss will be balls, it still depends on the circumstances and they are different) So we rely on his gut

That's what being a random event means, but you can estimate the probability of the team winning or losing.

It's not like everything is completely the same, and anything can happen with the same probability, there are clearly better teams that usually end up winning, even with those random events.

Probabilities help you calculate the odds of this happening.

[bangjoe]

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.

I also think that there are a lot of elements or indicators that must be programmed into AI to predict its accuracy in football or other sports matches and of course AI will only calculate mathematically with indicators programmed into itself. As we know, there are many incidents that outside of predictions on the field because as we know no one knows how the match will go and in a match anything can happen that is beyond prediction, I think AI can predict but not necessarily the results will be accurate.
I think that Elon's opinion will not affect the support of other companies to develop AI, even though he said it would threaten human civilization, but who knows the actual results, there are still many people who are curious about the perfect form of AI.

[Fredomago]

I wouldn't rely on AI to predict outcomes but I could get good information with the AI on what they think of the team versus the team of the others. Sometimes, when you are not familiar with the team you will do some research about them and there are times that you'll be missing information. I am wondering what kind of AI you are going to use in prediction as some AI are not into current date and it would be risky to rely on them alone. I think it would be effective if you have ideas from them and you have your own.

If we are not familiar with the team, it is better that we don't have to bet on the match and look for another match where we know the team. It will be better because our chances of winning will be better too. Even though you can get information with AI, that doesn't guarantee you can get that information because the development of AI hasn't reached the stage where it can provide very accurate information. So instead of having trouble analyzing data from AI, it's better for us to bet on matches with teams we know.

On the side of safety betting, I agree with how you project your betting participation, why bother to bet into something that you are not familiar unless you really trust how artificial intelligence works and you are willing to take the risk and gamble your money, though in the part where you are caring about your money and you are practical in terms of your betting participation.

Much better to bet with your own knowledge and analysis, the entertaining part was attached to every single bet that you perform.

[maydna]

I wouldn't rely on AI to predict outcomes but I could get good information with the AI on what they think of the team versus the team of the others. Sometimes, when you are not familiar with the team you will do some research about them and there are times that you'll be missing information. I am wondering what kind of AI you are going to use in prediction as some AI are not into current date and it would be risky to rely on them alone. I think it would be effective if you have ideas from them and you have your own.

If we are not familiar with the team, it is better that we don't have to bet on the match and look for another match where we know the team. It will be better because our chances of winning will be better too. Even though you can get information with AI, that doesn't guarantee you can get that information because the development of AI hasn't reached the stage where it can provide very accurate information. So instead of having trouble analyzing data from AI, it's better for us to bet on matches with teams we know.

It should be on this way but we know that there are people who do make out bets even if they dont know the sports that they are involved with and just simply sticking out on the highly favorite and the worst they do

make out some all in bets which it would really be neither a win or lose.It would really be entirely be not that entertaining at all if having this way but of course there would be gamblers who would really be
minding that much about making money or profits despite of the lacking of knowledge about it.

Speaking about AI, then i dont see for it to be that something that would really be that relevant unless if you do look for information or past histories of a certain team or player
then it might do but predicting on future outcomes? Its not something that you could rely on.

For people who keep betting on sports they don't know about, it's up to them because they should be aware of being responsible with their money and not over betting. Maybe they were just curious about making their bet on that sport or because of an invitation from their friends. And as long as they enjoy it, they can still do it and maybe they'll try betting on other sports they don't know about.

As for AI, I don't think it will help gamblers find more information because it is still under development. But I feel that AI can be like what we see in movies in the future, but of course, it will happen if there is indeed more advanced technology.

I wouldn't rely on AI to predict outcomes but I could get good information with the AI on what they think of the team versus the team of the others. Sometimes, when you are not familiar with the team you will do some research about them and there are times that you'll be missing information. I am wondering what kind of AI you are going to use in prediction as some AI are not into current date and it would be risky to rely on them alone. I think it would be effective if you have ideas from them and you have your own.

If we are not familiar with the team, it is better that we don't have to bet on the match and look for another match where we know the team. It will be better because our chances of winning will be better too. Even though you can get information with AI, that doesn't guarantee you can get that information because the development of AI hasn't reached the stage where it can provide very accurate information. So instead of having trouble analyzing data from AI, it's better for us to bet on matches with teams we know.

On the side of safety betting, I agree with how you project your betting participation, why bother to bet into something that you are not familiar unless you really trust how artificial intelligence works and you are willing to take the risk and gamble your money, though in the part where you are caring about your money and you are practical in terms of your betting participation.

Much better to bet with your own knowledge and analysis, the entertaining part was attached to every single bet that you perform.

This means it will return to the acceptance of risk that we will get in deciding something. And if they bet on something they don't know and trust artificial intelligence, we've taken a risk and have to take it. The important thing is that we can bet with the money we can afford, regardless of betting by analyzing ourselves or using artificial intelligence.

[LUCKMCFLY]

~snip~
Of course, obviously things with AI are like this, the data collected will never be the good option to decipher what can happen, also there are many things that influence sports games, who are the ones that motivate players to play like this, what It caught my attention, it was in the World Cup in Qatar where an AI predicted that the final would be between Portugal and Argentina, it was something really chilling because the one who won the mjudnial was Argentina, although the AI was wrong for the contender from Argentina, but It seems to me that it was just a coincidence, I know that the AI quickly pulls the statistics and that is a very good functionality.

There were also some other predictions that said that France and Brazil would be in the final.

At the end of the day, given enough predictions, one of them will be right. So always keep that in mind. People tend to ignore the failed predictions and focus on the ones that actually happened.

Yes indeed, I cannot deny that the final that the AI predicted would be between Argentina and Portugal caught my attention, because at once I imagined Messi vs CR7, and that was something phenomenal, I really would have liked it much more than France would have reached the Final, and I also did not like that Deschamps did not include Benzema and I think that was a great warning of having lost that final, this is one of the things that happens when the technical director has not been able to mature the differences with his players, you can't send the weakest to war, you must send the strongest to win it, but Deschamps couldn't see that, and that's what the AI failed to predict, that's why I say to this the AI needs a lot of development.

[Mahanton]

~snip~
Of course, obviously things with AI are like this, the data collected will never be the good option to decipher what can happen, also there are many things that influence sports games, who are the ones that motivate players to play like this, what It caught my attention, it was in the World Cup in Qatar where an AI predicted that the final would be between Portugal and Argentina, it was something really chilling because the one who won the mjudnial was Argentina, although the AI was wrong for the contender from Argentina, but It seems to me that it was just a coincidence, I know that the AI quickly pulls the statistics and that is a very good functionality.

There were also some other predictions that said that France and Brazil would be in the final.

At the end of the day, given enough predictions, one of them will be right. So always keep that in mind. People tend to ignore the failed predictions and focus on the ones that actually happened.

Yes indeed, I cannot deny that the final that the AI predicted would be between Argentina and Portugal caught my attention, because at once I imagined Messi vs CR7, and that was something phenomenal, I really would have liked it much more than France would have reached the Final, and I also did not like that Deschamps did not include Benzema and I think that was a great warning of having lost that final, this is one of the things that happens when the technical director has not been able to mature the differences with his players, you can't send the weakest to war, you must send the strongest to win it, but Deschamps couldn't see that, and that's what the AI failed to predict, that's why I say to this the AI needs a lot of development.

Even how much it would be developed, there's still no way that it could really be able to make precise predictions due to factors which cant really be read up with any AI no matter how advanced it would be.
There are things which cant really be touched up by technology advancement not matter how good it is on other aspects but in speaking about future results and other correlated things
then it would be an another story.It is really just we should accept that AI couldnt touch up betting area or something that do talks about predictions and future events
which are bound to happen.

[nullama]

~snip~
Even how much it would be developed, there's still no way that it could really be able to make precise predictions due to factors which cant really be read up with any AI no matter how advanced it would be.
There are things which cant really be touched up by technology advancement not matter how good it is on other aspects but in speaking about future results and other correlated things
then it would be an another story.It is really just we should accept that AI couldnt touch up betting area or something that do talks about predictions and future events
which are bound to happen.

The more information you have about a random event, the more certainty you can get about the prediction.

For example, if you just toss a coin, it's 50% heads or tails. But if you know the starting point of the coin, the force applied, the wind conditions, etc, then you can start to get better at the estimation and predict that it will be heads 60% in that particular throw for example, and the more you know, the better you can estimate that. Also, the closer you are to the event, the better the estimate is, so just before you reveal the coin, the model might already know if it's heads or tails.