Hispo
Legendary
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Leading Crypto Sports Betting & Casino Platform
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August 10, 2023, 04:52:59 PM |
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~snip~ exactly the house has everything programmed to maitain their edge in the long run it will always win though some gamblers can be lucky and win in the short term knowing to leave after a big win is a must if you want to keep the money you earned.
It actually goes beyond simply leaving when you win big. You need to literally stop gambling ever again, otherwise you will go back another day and lose all the gains you have made in the past. regression to the mean you are right. but what about small wins? would you stop forever after a small win or keep going until you hit the jackpot? in the end of the day seems like the best way is opening a casino not playing in one. It is easier to say it than actually doing it. Because obviously, in order to open a casino one needs to have much liquidity and funds to cover the wins of users, no even mention the expenses associated with advertisement, logistics and salaries. It would be better to instead using money to gamble compulsively, just save that money to start a small business or invest, it is something we all can do with a relatively small amount of money compared to the hundred of thousands of dollars we would need to open a casino. Also, in my opinion, getting small wins in a casino only encourage gamblers to continue to wager, so in the end it is quite difficult someone would quit after pocketing a handful of dollars.
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l3pox
Legendary
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Activity: 2646
Merit: 1156
There's no need to be upset
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August 11, 2023, 04:05:26 PM |
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~snip~ exactly the house has everything programmed to maitain their edge in the long run it will always win though some gamblers can be lucky and win in the short term knowing to leave after a big win is a must if you want to keep the money you earned.
It actually goes beyond simply leaving when you win big. You need to literally stop gambling ever again, otherwise you will go back another day and lose all the gains you have made in the past. regression to the mean you are right. but what about small wins? would you stop forever after a small win or keep going until you hit the jackpot? in the end of the day seems like the best way is opening a casino not playing in one. It is easier to say it than actually doing it. Because obviously, in order to open a casino one needs to have much liquidity and funds to cover the wins of users, no even mention the expenses associated with advertisement, logistics and salaries. It would be better to instead using money to gamble compulsively, just save that money to start a small business or invest, it is something we all can do with a relatively small amount of money compared to the hundred of thousands of dollars we would need to open a casino. Also, in my opinion, getting small wins in a casino only encourage gamblers to continue to wager, so in the end it is quite difficult someone would quit after pocketing a handful of dollars. yes, totally get that besides having the liquidity the competition is huge nowadays and it's probably not an easy market to compete in, with people using unfair practices to try to put you down all the time.
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LUCKMCFLY
Legendary
Offline
Activity: 2534
Merit: 1873
Leading Crypto Sports Betting & Casino Platform
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August 11, 2023, 09:06:39 PM |
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~snip~ exactly! if a successful gambler uses artificial intelligence to win large amounts of gambling he must immediately stop gambling, it does not mean just stop temporarily because if he stops within a week its same as spending a lot of money again and on the one hand if he returns to gambling using artificial intelligence like AI it will be very dangerous because the casino system usually has given a warning flag to the account and if it is done again the risk of the account being banned is very possible.
Yeah, that's also a fair point. If you win big at a casino, they won't be happy about it of course. They might be quick to send you free drinks and food and celebrate with you, etc, so that you stay there longer and give them their money back. But if you simply get out, as you should, then they will probably put a mark on you, and when you come back they will be looking very carefully at you. Good observation and that's reality, especially if they are seeing you being wise from time to time that you are playing. You can be tag and be watched out by the security personnel, monitoring you from each gambling event that you are participating. It's a tough one to counter as you needed to chill some days in order not to be remembered or for your safety better to keep yourself away from the limelight and just enjoy yourself playing. Just don't make a good reason for the casino to suspect you and mark you in each time you play and bet inside the house. It is that in every casino when you win big it is obvious that they will put you under observation, they will put the magnifying glass on each Movie you Make , but things can be like that, in fact in Traditional Casinos when a player always has a good streak they try to expel him by hook or by crook, these things have always been Presented , in fact in some Movies they have shown it, although they are pure Fiction at times Because it is a Reality , in the case of Current Casinos well things They are Not so necessary to see them the Hard Way, simply if someone Approaches security to see what is Happening is Enough for the Player to Leave and do Nothing else. Now, when we start to see the full Scope of the players , we can currently see that things Change, there is already Talk of an AI to be able to beat a casino , it is something that sometimes we did not see, not in the movies They have Focused it like this but on the Talent of a Game , now Everything Falls into the years of Technology and in those who know more about AI Programming, which is what is being given the most now , thanks to this, Many AI Courses are Being Taught so that they can develop and this is Something that will always happen. Those who Play in a casino and have the Ability to program in AI , it is Obvious that they must be preparing their Robots to See if they can beat a casino system, which does not seem good to me , because I think that players should get well with The casinos but Playing Under their own Efforts and not by a Robot that is a Very good Reader of the Movements of a software , also the Security of Each casino will play an Important role. As far as I'm Concerned, I believe that all casinos Should also put AI security to be Able to detect them, because it's not that they have many Resources and they Shouldn't invest in security , for everyone it's not a Secret that things are going to go away here by that Trend , and it's all a matter of preparing well for what's to Come.
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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Fredomago
Legendary
Offline
Activity: 3080
Merit: 1054
Leading Crypto Sports Betting & Casino Platform
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 12, 2023, 07:33:15 AM |
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~snip~ exactly! if a successful gambler uses artificial intelligence to win large amounts of gambling he must immediately stop gambling, it does not mean just stop temporarily because if he stops within a week its same as spending a lot of money again and on the one hand if he returns to gambling using artificial intelligence like AI it will be very dangerous because the casino system usually has given a warning flag to the account and if it is done again the risk of the account being banned is very possible.
Yeah, that's also a fair point. If you win big at a casino, they won't be happy about it of course. They might be quick to send you free drinks and food and celebrate with you, etc, so that you stay there longer and give them their money back. But if you simply get out, as you should, then they will probably put a mark on you, and when you come back they will be looking very carefully at you. Good observation and that's reality, especially if they are seeing you being wise from time to time that you are playing. You can be tag and be watched out by the security personnel, monitoring you from each gambling event that you are participating. It's a tough one to counter as you needed to chill some days in order not to be remembered or for your safety better to keep yourself away from the limelight and just enjoy yourself playing. Just don't make a good reason for the casino to suspect you and mark you in each time you play and bet inside the house. It is that in every casino when you win big it is obvious that they will put you under observation, they will put the magnifying glass on each Movie you Make , but things can be like that, in fact in Traditional Casinos when a player always has a good streak they try to expel him by hook or by crook, these things have always been Presented , in fact in some Movies they have shown it, although they are pure Fiction at times Because it is a Reality , in the case of Current Casinos well things They are Not so necessary to see them the Hard Way, simply if someone Approaches security to see what is Happening is Enough for the Player to Leave and do Nothing else. Now, when we start to see the full Scope of the players , we can currently see that things Change, there is already Talk of an AI to be able to beat a casino , it is something that sometimes we did not see, not in the movies They have Focused it like this but on the Talent of a Game , now Everything Falls into the years of Technology and in those who know more about AI Programming, which is what is being given the most now , thanks to this, Many AI Courses are Being Taught so that they can develop and this is Something that will always happen. Those who Play in a casino and have the Ability to program in AI , it is Obvious that they must be preparing their Robots to See if they can beat a casino system, which does not seem good to me , because I think that players should get well with The casinos but Playing Under their own Efforts and not by a Robot that is a Very good Reader of the Movements of a software , also the Security of Each casino will play an Important role. As far as I'm Concerned, I believe that all casinos Should also put AI security to be Able to detect them, because it's not that they have many Resources and they Shouldn't invest in security , for everyone it's not a Secret that things are going to go away here by that Trend , and it's all a matter of preparing well for what's to Come. Yes, Casino will go up to that far just to make sure that they are protecting their business, if there's a chance that AI may read how the casino system works and find ways to breach and beat it up, it will endanger the business, though for sure before things go far casino developers and owners already have that knowledge about it and will do everything to prevent it. I like that example on your first statement about by hook or by crook, anything that in their power they will use it to make sure that gambler will not have that advantage.
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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len01
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 12, 2023, 09:32:42 AM |
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Yes, Casino will go up to that far just to make sure that they are protecting their business, if there's a chance that AI may read how the casino system works and find ways to breach and beat it up, it will endanger the business, though for sure before things go far casino developers and owners already have that knowledge about it and will do everything to prevent it.
I like that example on your first statement about by hook or by crook, anything that in their power they will use it to make sure that gambler will not have that advantage.
exactly, gambling is a very profitable business and you have a lot of money to do anything like hire a team of developers who are reliable in all aspects of the system on the casino platform or even hire white hackers to protect against bad hackers who try to make AI that can read the workings of casinos. so that any attempt to make it will never work because the security or system in gambling is so tight that it is difficult to beat the casino using AI and the chances are very small. except for new casinos that do not have huge traffic yet and do not have a professional development team that can still be hacked using AI.
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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nullama
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 12, 2023, 11:11:37 AM |
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~snip~ regression to the mean you are right. but what about small wins? would you stop forever after a small win or keep going until you hit the jackpot?
in the end of the day seems like the best way is opening a casino not playing in one.
Yeah, that's the thing. The casinos are providing people with something they value, the idea that maybe they will become a millionaire. To make money you need to provide value in any way. Gambling does not provide any value to anyone, you are simply enjoying something, so of course you pay for that. Creating the service is where the money is at.
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maydna
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 12, 2023, 03:19:19 PM |
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Yes, Casino will go up to that far just to make sure that they are protecting their business, if there's a chance that AI may read how the casino system works and find ways to breach and beat it up, it will endanger the business, though for sure before things go far casino developers and owners already have that knowledge about it and will do everything to prevent it.
I like that example on your first statement about by hook or by crook, anything that in their power they will use it to make sure that gambler will not have that advantage.
exactly, gambling is a very profitable business and you have a lot of money to do anything like hire a team of developers who are reliable in all aspects of the system on the casino platform or even hire white hackers to protect against bad hackers who try to make AI that can read the workings of casinos. so that any attempt to make it will never work because the security or system in gambling is so tight that it is difficult to beat the casino using AI and the chances are very small. except for new casinos that do not have huge traffic yet and do not have a professional development team that can still be hacked using AI. And the big casinos have started doing it from now on just so there's no case of breaking into their security system and doing many other bad things. Big casinos have also prepared many useful things to protect their casinos from AI attacks that can harm casinos. And even though the AI is still in the development stage, the casino and its team are also doing the same thing to keep abreast of every AI development made by developers out there. This must be done by the casino, meaning that every casino does not want its business to be harmed by anything, so the security team of each casino must be on guard at all times and ensure that no danger threatens the casino.
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len01
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August 13, 2023, 06:46:31 AM |
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Yes, Casino will go up to that far just to make sure that they are protecting their business, if there's a chance that AI may read how the casino system works and find ways to breach and beat it up, it will endanger the business, though for sure before things go far casino developers and owners already have that knowledge about it and will do everything to prevent it.
I like that example on your first statement about by hook or by crook, anything that in their power they will use it to make sure that gambler will not have that advantage.
exactly, gambling is a very profitable business and you have a lot of money to do anything like hire a team of developers who are reliable in all aspects of the system on the casino platform or even hire white hackers to protect against bad hackers who try to make AI that can read the workings of casinos. so that any attempt to make it will never work because the security or system in gambling is so tight that it is difficult to beat the casino using AI and the chances are very small. except for new casinos that do not have huge traffic yet and do not have a professional development team that can still be hacked using AI. And the big casinos have started doing it from now on just so there's no case of breaking into their security system and doing many other bad things. Big casinos have also prepared many useful things to protect their casinos from AI attacks that can harm casinos. And even though the AI is still in the development stage, the casino and its team are also doing the same thing to keep abreast of every AI development made by developers out there. This must be done by the casino, meaning that every casino does not want its business to be harmed by anything, so the security team of each casino must be on guard at all times and ensure that no danger threatens the casino. usually established fabrics they always do maintenance to improve every security system etc. so no doubt sometimes casinos at certain times will always do this in terms of keeping casino safe from any attacks even though AI in future will continue to be developed by intelligent people out there but casino development team also has faster expertise than them. except for insiders who publish system weaknesses in casinos so that they can be attacked using AI or whatever so gamblers instead use AI to predict but not to bet but to infiltrate system in the casino.
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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tusandii
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August 13, 2023, 07:51:49 AM |
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~snip~ regression to the mean you are right. but what about small wins? would you stop forever after a small win or keep going until you hit the jackpot?
in the end of the day seems like the best way is opening a casino not playing in one.
Yeah, that's the thing. The casinos are providing people with something they value, the idea that maybe they will become a millionaire. To make money you need to provide value in any way. Gambling does not provide any value to anyone, you are simply enjoying something, so of course you pay for that. Creating the service is where the money is at. But such an idea will only be owned by gamblers who are too obsessed with getting rich the easy way, whereas in this world there are only one or two people who have become millionaires because winning gambling is only temporary because within a few years all their wealth runs out without the rest, this kind of case always happens for those who manage to get the jackpot. Even though with any assistance I think it will also be difficult to win, let alone being able to win the jackpot because you need to realize that casinos will always be smarter and more advanced in front of gamblers. I agree with @Lucasgabd it's quiet better to open a casino than play in one if you want to really make money.
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Betwrong
Legendary
Online
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I stand with Ukraine.
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August 13, 2023, 10:56:24 AM |
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~snip~ But guys! Let's think about that "evil" algorithm for a moment. What is it doing exactly? Is it programmed to make you, or anyone of us in particular, to necessarily lose in the long run? Why would it need that? Isn't the goal to make the casino win? Then it shouldn't care about a particular player being in profit in the long run. The only thing the algorithm should care about is that all the players combined were losing the amount equal to the house edge to the house.
I don't want to look smug or something, like I know everything. It's just my opinion. Please, share yours.
It's quite simple really, every single bet you make against the casino has an advantage to the casino, because they get to set the odds, payouts, etc. So, if you really remove all the lights, sounds, marketing, etc, all you have left is simply games where the casino has the upper hand. For example, if they had a coin toss game, they would keep tossing a coin, and pay you, say, 80 cents per dollar you bet when you win. And when you lose, they keep that full dollar. You can see that sometimes you'll win those 80 cents, and sometimes you'll lose your whole dollar. If you keep doing it, you'll lose all your money. It's just math. Of course the casino games are more complex, and they try to make it look like you have a chance. For example, in roulette you have a payout that is 1 to 1, but then you have the 0, and the 00, which basically means you lose more times than you win, effectively making it more like the 80c to a dollar payout, but not that evident. The questing is for how long? Some people say, you have to make tens of millions bets, others say, hundreds of millions before you are guaranteed to lose the house edge, like 5 % of your wagers, to the casino. No one is saying how many times you can play before you lose all your money. I think it depends on your balance and on the bet size. And also on luck. I think it's possible to win even with 20% house edge, like in your example, but the the probability of that is very low if you make millions of bets. With just hundreds of bets it's pretty much possible. And that's without any help from AI. It's yet unknown what AI can change in that regard, but what I think we can say with certainty is that it will not "beat" the house edge in the sense that casinos will go bankrupt. The volume will always do its job and casino will get its share. But for someone in particular, someone who can create a good prompt, AI can be very helpful. Not only it can help to not lose all your money or the house edge. It can help you win some money too.
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BITCOIN TO THE MOON ☾ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿
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maydna
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 13, 2023, 11:01:49 AM |
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~snip~
usually established fabrics they always do maintenance to improve every security system etc. so no doubt sometimes casinos at certain times will always do this in terms of keeping casino safe from any attacks even though AI in future will continue to be developed by intelligent people out there but casino development team also has faster expertise than them. except for insiders who publish system weaknesses in casinos so that they can be attacked using AI or whatever so gamblers instead use AI to predict but not to bet but to infiltrate system in the casino. That is why casinos look more convincing with the ability of their securities to withstand any attacks that could harm their system. The casino also has a capable security team with all the capabilities to keep a good eye on the casino at all times. And when AI gets smarter, the systems in casinos will also be more reliable in counteracting AI attacks gamblers use. But if an insider is trying to work with hackers to break into the security system, the casino should be able to find the leak and fix it as soon as possible. It will be more interesting to follow the development of AI systems.
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Fivestar4everMVP
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August 13, 2023, 11:20:58 AM |
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~snip~
usually established fabrics they always do maintenance to improve every security system etc. so no doubt sometimes casinos at certain times will always do this in terms of keeping casino safe from any attacks even though AI in future will continue to be developed by intelligent people out there but casino development team also has faster expertise than them. except for insiders who publish system weaknesses in casinos so that they can be attacked using AI or whatever so gamblers instead use AI to predict but not to bet but to infiltrate system in the casino. That is why casinos look more convincing with the ability of their securities to withstand any attacks that could harm their system. The casino also has a capable security team with all the capabilities to keep a good eye on the casino at all times. And when AI gets smarter, the systems in casinos will also be more reliable in counteracting AI attacks gamblers use. But if an insider is trying to work with hackers to break into the security system, the casino should be able to find the leak and fix it as soon as possible. It will be more interesting to follow the development of AI systems. Well, I think online casinos are not like crypto exchanges where a lot of man power is need in the work force to make sure everything is going as it should, when it comes to insider attacks or hacks, what i do think is that, the more the people working in that company, the more the company is prone to such attacks, for online casinos, I don't think the chances that it would face attacks that is initiated by an insider is very high, compared to crypto exchanges, this is because online casinos are usually ran or managed by just few persons at most, there are even some online casinos that are managed by the developer alone. So personally, I thinks managing a casino is as complicated or complex like managing a crypto exchange, and this is probably why a lot of crypto exchanges get hacked, meanwhile, we hardly ever hear that an online gambling casino was hacked, so possibly, its because running an online casino only required just a few persons, so the chances that an insider will reveal the casinos secret to an outsider hacker is very slim or low.
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slapper
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August 13, 2023, 03:39:15 PM |
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~snip~ But guys! Let's think about that "evil" algorithm for a moment. What is it doing exactly? Is it programmed to make you, or anyone of us in particular, to necessarily lose in the long run? Why would it need that? Isn't the goal to make the casino win? Then it shouldn't care about a particular player being in profit in the long run. The only thing the algorithm should care about is that all the players combined were losing the amount equal to the house edge to the house.
I don't want to look smug or something, like I know everything. It's just my opinion. Please, share yours.
It's quite simple really, every single bet you make against the casino has an advantage to the casino, because they get to set the odds, payouts, etc. So, if you really remove all the lights, sounds, marketing, etc, all you have left is simply games where the casino has the upper hand. For example, if they had a coin toss game, they would keep tossing a coin, and pay you, say, 80 cents per dollar you bet when you win. And when you lose, they keep that full dollar. You can see that sometimes you'll win those 80 cents, and sometimes you'll lose your whole dollar. If you keep doing it, you'll lose all your money. It's just math. Of course the casino games are more complex, and they try to make it look like you have a chance. For example, in roulette you have a payout that is 1 to 1, but then you have the 0, and the 00, which basically means you lose more times than you win, effectively making it more like the 80c to a dollar payout, but not that evident. The questing is for how long? Some people say, you have to make tens of millions bets, others say, hundreds of millions before you are guaranteed to lose the house edge, like 5 % of your wagers, to the casino. No one is saying how many times you can play before you lose all your money. I think it depends on your balance and on the bet size. And also on luck. I think it's possible to win even with 20% house edge, like in your example, but the the probability of that is very low if you make millions of bets. With just hundreds of bets it's pretty much possible. And that's without any help from AI. It's yet unknown what AI can change in that regard, but what I think we can say with certainty is that it will not "beat" the house edge in the sense that casinos will go bankrupt. The volume will always do its job and casino will get its share. But for someone in particular, someone who can create a good prompt, AI can be very helpful. Not only it can help to not lose all your money or the house edge. It can help you win some money too. Let's be real, any hardcore gambler out there knows that house always has the edge in the long run. Talk about tens or hundreds of millions of bets, right? But hey, who's counting? Dive into the game, feeling the rush, and hope for the best However, the AI twist is some next-level mojo! Though I'm skeptical about AI making casinos go broke, I'd be lying if I said I wasn’t a tiny bit envious of someone smart enough to use it to their advantage. Just imagine: a little digital buddy whispering in your ear, giving you the lowdown. But remember, if it sounds too good to be true, it probably is. Game responsibly, folks
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erep
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August 13, 2023, 05:32:02 PM |
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However, the AI twist is some next-level mojo! Though I'm skeptical about AI making casinos go broke, I'd be lying if I said I wasn’t a tiny bit envious of someone smart enough to use it to their advantage. Just imagine: a little digital buddy whispering in your ear, giving you the lowdown. But remember, if it sounds too good to be true, it probably is. Game responsibly, folks
However the implementation of AI technology algorithms will not produce accurate sports betting predictions, AI technology provides all information instantly based on any question, but so far regarding the question "sports betting predictions" there is no answer, AI suggests we look for sports related sources to analyze several factors regarding match predictions and the conditions during the match are likely to change according to the game tactics and weather conditions so that the predicted results will not match expectations.
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Hispo
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August 13, 2023, 08:16:25 PM |
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yes, totally get that besides having the liquidity the competition is huge nowadays and it's probably not an easy market to compete in, with people using unfair practices to try to put you down all the time.
Yes, and to be honest and fair; it is not something which is exclusive to the gambling market (both online and when comes to brick-and-mortar casinos). In every big market which has players who have been already been around for years it is difficult to come up with something appealing enough to be competitive and take a piece of the share and volume. One can take for example what Facebook wanted to achieve with their Metaverse. They thought they were inventing something unique and they could not miss the target with their huge budget and professionals. In the end, experiences like Half Life Alyx, Second Life or even Vr Chat had more to offer, and the idea or the Metaverse slowly started to die. So if it can be that difficult for a blue chip company like Meta, one needs to get one's expectations right when considering to get into a market like gambling.
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len01
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August 14, 2023, 07:36:39 AM |
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~snip~
usually established fabrics they always do maintenance to improve every security system etc. so no doubt sometimes casinos at certain times will always do this in terms of keeping casino safe from any attacks even though AI in future will continue to be developed by intelligent people out there but casino development team also has faster expertise than them. except for insiders who publish system weaknesses in casinos so that they can be attacked using AI or whatever so gamblers instead use AI to predict but not to bet but to infiltrate system in the casino. That is why casinos look more convincing with the ability of their securities to withstand any attacks that could harm their system. The casino also has a capable security team with all the capabilities to keep a good eye on the casino at all times. And when AI gets smarter, the systems in casinos will also be more reliable in counteracting AI attacks gamblers use. But if an insider is trying to work with hackers to break into the security system, the casino should be able to find the leak and fix it as soon as possible. It will be more interesting to follow the development of AI systems. every technological development, usually every big casino, always has a way to overcome all problems that threaten the loss of the casino, as I said earlier that casinos have a lot of money to do anything for the security of their platforms, so whenever there is a trend like AI, casinos are also always looking for a team that has expertise. in the field of AI so that it can always strengthen the security of the gambling system. but it is very rare for insiders to leak casino systems because insiders have more than enough salary so they have no plans to divulge anything related to the platform system.
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maydna
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 14, 2023, 10:27:04 AM |
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~snip~
Well, I think online casinos are not like crypto exchanges where a lot of man power is need in the work force to make sure everything is going as it should, when it comes to insider attacks or hacks, what i do think is that, the more the people working in that company, the more the company is prone to such attacks, for online casinos, I don't think the chances that it would face attacks that is initiated by an insider is very high, compared to crypto exchanges, this is because online casinos are usually ran or managed by just few persons at most, there are even some online casinos that are managed by the developer alone. So personally, I thinks managing a casino is as complicated or complex like managing a crypto exchange, and this is probably why a lot of crypto exchanges get hacked, meanwhile, we hardly ever hear that an online gambling casino was hacked, so possibly, its because running an online casino only required just a few persons, so the chances that an insider will reveal the casinos secret to an outsider hacker is very slim or low. But the company should have been able to anticipate problems with vulnerabilities or hacking from insiders by selecting people who apply to the company. And the company will only hire people who can work well and carry out their duties professionally, so insider hacking won't happen. And the name of a business is challenging to manage, and it depends on how the owner can get people who will help him work. And as long as professional people manage the casino, the casino will be safe from hacking or other things. ~snip~
every technological development, usually every big casino, always has a way to overcome all problems that threaten the loss of the casino, as I said earlier that casinos have a lot of money to do anything for the security of their platforms, so whenever there is a trend like AI, casinos are also always looking for a team that has expertise. in the field of AI so that it can always strengthen the security of the gambling system. but it is very rare for insiders to leak casino systems because insiders have more than enough salary so they have no plans to divulge anything related to the platform system. Perhaps because the salary of the people who work in the casino is more than what other people get in other businesses so they never think of getting more money. Besides that, if someone has done a good job and got a good salary, he will get maximum work, which will give him a good reputation to get a bonus for his work. And casinos will always update their systems properly and follow existing trends so that they can withstand all attacks that come to their casinos. And we have seen these big casinos survive many attacks and can, run their business well, and get a good reputation too.
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nullama
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August 15, 2023, 06:20:56 AM |
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~snip~ Let's be real, any hardcore gambler out there knows that house always has the edge in the long run. Talk about tens or hundreds of millions of bets, right? But hey, who's counting? Dive into the game, feeling the rush, and hope for the best
However, the AI twist is some next-level mojo! Though I'm skeptical about AI making casinos go broke, I'd be lying if I said I wasn’t a tiny bit envious of someone smart enough to use it to their advantage. Just imagine: a little digital buddy whispering in your ear, giving you the lowdown. But remember, if it sounds too good to be true, it probably is. Game responsibly, folks
I think many gamblers have thoughts that they are somehow different, and that math and probability doesn't apply to them, because they are lucky and will win this time. If everyone actually knew the real odds of winning against the casino, and acted rationally, then literally no one would bet, because it has a negative return on the investment. It's mostly the entertainment and the hope that you would become a millionaire that is valued at more than the entry ticket price.
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LUCKMCFLY
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August 15, 2023, 03:04:21 PM |
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Yes, Casino will go up to that far just to make sure that they are protecting their business, if there's a chance that AI may read how the casino system works and find ways to breach and beat it up, it will endanger the business, though for sure before things go far casino developers and owners already have that knowledge about it and will do everything to prevent it.
I like that example on your first statement about by hook or by crook, anything that in their power they will use it to make sure that gambler will not have that advantage.
It is the same, a casino will always show its security to the maximum, so things sometimes do not happen when you want, but rather it is due to surprises, normally an AI attack in a casino is taken as a hack, and that is something that the casinos take great care of, and in particular what I see that the casinos can do is hire many programmers and AI specialists to avoid this, in fact the csinso at this time must already have specialized personnel to keep their security in that sense, because the AI is being developed, and any attack must be withheld and neutralized, that is what must be done, of course that is what I assume, I do not have access to any information from the casinos, but that is what must be done. be so, in addition to the receipt of so much money you have to make the expense that is necessary so that you are always safe. The AI is one of the things that we can now see as something innovative, but that is not right now, not even because ChatGPT was launched, most of them were amazed and thought that with this tool they can do anything, and it is not like that, For whatever it is, great expertise and knowledge is needed, in addition to things when it comes to AI development, it is training the robot in many aspects, and the truth is that it is a lot of information, it is difficult to enter it, and it is difficult for a robot trains so much to beat a casino, for this reason is that each AI algorithm is very specialized, depending on the task it takes to learn, but for now what we have shown is a simple part, in beta mode of what they are developing. In the security of a casino it is very difficult to unlock, there is a lot of it, in fact if it is with AI they will be detected, so this is something that we always have to take into consideration, the investment that casinos make is much like for any robot enter, violate all security and apart from all that, well break blockchain codes, which is technically impossible (until now).
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August 15, 2023, 04:08:56 PM |
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Has anyone made any progress is uncovering the secrets to get AI to help decide on bets to place for sporting events? With the NBA season now quickly approaching, it would be great to get to mess around with AI and placing bets on games. I guess I’ll have to get down and dirty and see what solution I can come up with.
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