[POLL] Using AI to predict outcomes

[l3pox]

~snip~
depends if the system is true random or not
if it's random than past events doesn't matter
there is the chance that a true random system returns the same result every time
and (please mathematicians correct me if I'm wrong) this chance is not smaller than any other outcome

An event can depend on the past, but most gambling events are designed so that they are independent of the past.

For example, getting a number six on a dice now is independent of how many times the dice has been thrown before, and how many sixes have appeared so far. The odds of getting a six next is still 1/6.

Now, there are real world circumstances that you might use to your advantage.

For example, lotto numbers or similar, where you have to pick numbers from a pool. Usually people go with dates, so numbers between 1 and 31. Any higher number will have slightly less people playing them, so you will have slightly less chances of sharing your prize if you happen to win.

Note that the odds for each number is still the same though, a 32 is as possible to be drawn as a 31, but as I mentioned before slightly more people will choose those lower ones.

With things like that you can make your luck a bit better.

but... this wouldn't make your luck better if your numbers are never choosen, at the end of the day I don't really think it's worth to consider if other people are betting in the same numbers as you or not, you have no way to control it...
makes sense?

[nullama]

~snip~
but... this wouldn't make your luck better if your numbers are never choosen, at the end of the day I don't really think it's worth to consider if other people are betting in the same numbers as you or not, you have no way to control it...
makes sense?

Yes, you're right.

There's no way to increase your luck, all that I'm saying is that in games like lotto and similar, you might end up in a situation where your lucky numbers are shared with other people, so if you win, you have to share the prize.

But if your numbers are other numbers that are not usually played (they have the same chances of winning though), you will end up in a situation that is a bit less likely to have to share your prize if you win, because less people play those numbers.

As I mentioned, your odds to win are still the same.

[l3pox]

Although Al is very popular instrument right now, but it still doesn't give you win guarantee. Anyway, it's better to rely on your own analytics.

yes, AI won't be fool proof
but your short comment sparked a thought here
AI is probably useful for helping you with data analysis
it won't give guaranteed results or anything like that but it's usually better than humans in analysis a lot of data.

[nullama]

~snip~
but... this wouldn't make your luck better if your numbers are never choosen, at the end of the day I don't really think it's worth to consider if other people are betting in the same numbers as you or not, you have no way to control it...
makes sense?

Odds are exactly the same if the numbers are randomly given to you or you choose them.

Yes, you can't control other people's numbers.

All that I'm saying is that there is a large number of people that use dates as source for their numbers, therefore numbers higher than 31 have less chances of sharing the prize if you win.

The odds of winning are always the same.

[Tipstar]

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?

AI can actually get prediction gurus and Tipster jobless as they can analyze and process large amount of data and create a model with backtesting.
They have no emotion or bias and they don't miss any things. They have already been in use both on making plans on game or predicting the game and overall results. Their use is on increase because of their relative success. And to add to that, they are still in their early phase, they can do wonders as the models mature.
The place where the AI might still lose is common understanding and new type of development of events that has larger effect that can skew the model.

[nullama]

~snip~
AI can actually get prediction gurus and Tipster jobless as they can analyze and process large amount of data and create a model with backtesting.
They have no emotion or bias and they don't miss any things. They have already been in use both on making plans on game or predicting the game and overall results. Their use is on increase because of their relative success. And to add to that, they are still in their early phase, they can do wonders as the models mature.
The place where the AI might still lose is common understanding and new type of development of events that has larger effect that can skew the model.

The thing is that casinos also have access to these AI models, so they will adjust their odds accordingly.

I don't think there will be any major breakthrough using AI to win more than what the odds tell you using AI.

It's just a math model in the end, and I'm sure casinos are even using some margins as well to be sure they don't lose.

[Hirose UK]

~snip~

The thing is that casinos also have access to these AI models, so they will adjust their odds accordingly.

I don't think there will be any major breakthrough using AI to win more than what the odds tell you using AI.

It's just a math model in the end, and I'm sure casinos are even using some margins as well to be sure they don't lose.

So far I haven't really been able to see any gamblers who have successfully won every bet or have very big chance of winning every bet because they use breakthroughs developed by AI.
I know that some gamblers still believe that AI is an intelligent technology that has many uses for its users and they think that AI is truly superior intelligence, but they forget that AI is just kind of human-made system.
I myself always think that whatever is created by humans, no matter how great it is and what advantages it has, there will always be something that is much smarter and much superior, one of which is the working system that gambling sites have.
Gambling sites are built as businesses and of course they have various methods or have quite lot of great people who can always outperform whatever intelligence the gambler uses to increase their chances of winning, the casino will always be ahead of the gamblers.
If gamblers succeed in doing this then I sure many gambling sites will go bankrupt because their customers win more, but in reality there is nothing that perfect in the struggle.
The algorithms and how gambling works are not as easy as one might imagine, everything has been designed so complicatedly to make it difficult for gamblers to win every bet.
I think believing in your own abilities will be much better and increase your self-confidence, making it possible to be able to make luck more often.

[nullama]

~snip~
So far I haven't really been able to see any gamblers who have successfully won every bet or have very big chance of winning every bet because they use breakthroughs developed by AI.
I know that some gamblers still believe that AI is an intelligent technology that has many uses for its users and they think that AI is truly superior intelligence, but they forget that AI is just kind of human-made system.
I myself always think that whatever is created by humans, no matter how great it is and what advantages it has, there will always be something that is much smarter and much superior, one of which is the working system that gambling sites have.
Gambling sites are built as businesses and of course they have various methods or have quite lot of great people who can always outperform whatever intelligence the gambler uses to increase their chances of winning, the casino will always be ahead of the gamblers.
If gamblers succeed in doing this then I sure many gambling sites will go bankrupt because their customers win more, but in reality there is nothing that perfect in the struggle.
The algorithms and how gambling works are not as easy as one might imagine, everything has been designed so complicatedly to make it difficult for gamblers to win every bet.
I think believing in your own abilities will be much better and increase your self-confidence, making it possible to be able to make luck more often.

Yes, and what some people forget is that casinos have special rules such as maximum bets, that basically allows them to have some mechanism to prepare for any issues.

If they detect there's something wrong for them, they would immediately stop the bets, or change the odds of the game.

They control the odds, and they always make them in their favor.

[l3pox]

~snip~
So far I haven't really been able to see any gamblers who have successfully won every bet or have very big chance of winning every bet because they use breakthroughs developed by AI.
I know that some gamblers still believe that AI is an intelligent technology that has many uses for its users and they think that AI is truly superior intelligence, but they forget that AI is just kind of human-made system.
I myself always think that whatever is created by humans, no matter how great it is and what advantages it has, there will always be something that is much smarter and much superior, one of which is the working system that gambling sites have.
Gambling sites are built as businesses and of course they have various methods or have quite lot of great people who can always outperform whatever intelligence the gambler uses to increase their chances of winning, the casino will always be ahead of the gamblers.
If gamblers succeed in doing this then I sure many gambling sites will go bankrupt because their customers win more, but in reality there is nothing that perfect in the struggle.
The algorithms and how gambling works are not as easy as one might imagine, everything has been designed so complicatedly to make it difficult for gamblers to win every bet.
I think believing in your own abilities will be much better and increase your self-confidence, making it possible to be able to make luck more often.

Yes, and what some people forget is that casinos have special rules such as maximum bets, that basically allows them to have some mechanism to prepare for any issues.

If they detect there's something wrong for them, they would immediately stop the bets, or change the odds of the game.

They control the odds, and they always make them in their favor.

wow, I didn't know that
quite interesting
as some say, the house always win, but I like these movies and stories of people who can find an edge and win big over the house too, be it by luck or by finding an edge...

[nullama]

~snip~
wow, I didn't know that
quite interesting
as some say, the house always win, but I like these movies and stories of people who can find an edge and win big over the house too, be it by luck or by finding an edge...

Yeah, those stories are fun to read or watch.

For example, there is an Australian millionaire that made all his money from gambling.

His name is David Walsh and is now an art collector. He created a huge museum in Hobart, Tasmania. He called it MONA, Museum of Old and New Art.

I read his biography the other day, quite interesting character.

But even he says that he was just lucky.

[Hirose UK]

~snip~

Yes, and what some people forget is that casinos have special rules such as maximum bets, that basically allows them to have some mechanism to prepare for any issues.

If they detect there's something wrong for them, they would immediately stop the bets, or change the odds of the game.

They control the odds, and they always make them in their favor.

I don't understand whether special rules such as maximum bets will still apply because so far as long as you use large casino, no matter how much the bet is, it will still be legal and won't cause any problems.
It just that for the use of AI, I sure almost all casinos will prohibit it and have ways of anticipating the use of AI in every gaming system they have.
Casinos don't want to really experience losses and they always have the upper hand, this is why I often say that whatever efforts gamblers make in every bet to be guaranteed to win will never work.

Yes and that is the real meaning that the casino has far greater advantage in front of the gamblers and the casino has the power in every game or bet by providing opportunities that change significantly at any time.

From this, it can be concluded that the efforts made by gamblers are only failed attempts.
I understand all that and I still gamble to the best of my ability because of the belief that luck will always be on the side of those who dare to take risks.
It just that this understanding also makes me always avoid using AI because it allows problems to occur and it will only be in vain and it will never guarantee victory.

[l3pox]

~snip~
wow, I didn't know that
quite interesting
as some say, the house always win, but I like these movies and stories of people who can find an edge and win big over the house too, be it by luck or by finding an edge...

Yeah, those stories are fun to read or watch.

For example, there is an Australian millionaire that made all his money from gambling.

His name is David Walsh and is now an art collector. He created a huge museum in Hobart, Tasmania. He called it MONA, Museum of Old and New Art.

I read his biography the other day, quite interesting character.

But even he says that he was just lucky.

oh, nice to hear!
so, multi millionaire

even if he made his fortune by luck, knowing when to quit is an art too

went to check a bit more about Walsh in case anyone else is interested:
https://en.wikipedia.org/wiki/David_Walsh_(art_collector)

what is the name of the biofgraphy book? couldn't find it so easily.

[nullama]

~snip~
oh, nice to hear!
so, multi millionaire

even if he made his fortune by luck, knowing when to quit is an art too

went to check a bit more about Walsh in case anyone else is interested:
https://en.wikipedia.org/wiki/David_Walsh_(art_collector)

what is the name of the biofgraphy book? couldn't find it so easily.

The book is called "A Bone Of Fact" by David Walsh

https://www.goodreads.com/book/show/23296955-a-bone-of-fact

I think it's available to buy at some places, but strangely it is not that common to find it.

[ethereumhunter]

I don't understand whether special rules such as maximum bets will still apply because so far as long as you use large casino, no matter how much the bet is, it will still be legal and won't cause any problems.
It just that for the use of AI, I sure almost all casinos will prohibit it and have ways of anticipating the use of AI in every gaming system they have.
Casinos don't want to really experience losses and they always have the upper hand, this is why I often say that whatever efforts gamblers make in every bet to be guaranteed to win will never work.

Yes and that is the real meaning that the casino has far greater advantage in front of the gamblers and the casino has the power in every game or bet by providing opportunities that change significantly at any time.

From this, it can be concluded that the efforts made by gamblers are only failed attempts.
I understand all that and I still gamble to the best of my ability because of the belief that luck will always be on the side of those who dare to take risks.
It just that this understanding also makes me always avoid using AI because it allows problems to occur and it will only be in vain and it will never guarantee victory.

There may be no specific regulations from casinos regarding the use of AI, but if AI is more developed than now, there will be changes in regulations from casinos. Casinos will protect their businesses from the possibility that gamblers can gain greater profits using AI. And casinos will also apply the same thing as gamblers, namely by using AI to restrain gamblers who use AI. Casinos do not want to experience losses from gamblers, so the casino will always check the status of each gambler.

Casinos indeed have a bigger advantage in front of gamblers because the casinos own the gambling business. The casino will always check if they are still the ones who are always lucky in getting profits. And there is a way for casinos to stem AI attacks by gamblers.

We gamblers should also understand the situation and if there is a ban on the use of AI, we should not need to use AI. Moreover, we also don't chase winnings from gambling and only use gambling as an activity in our free time so we only gamble when we don't do other things.

[nullama]

~snip~
There may be no specific regulations from casinos regarding the use of AI, but if AI is more developed than now, there will be changes in regulations from casinos. Casinos will protect their businesses from the possibility that gamblers can gain greater profits using AI. And casinos will also apply the same thing as gamblers, namely by using AI to restrain gamblers who use AI. Casinos do not want to experience losses from gamblers, so the casino will always check the status of each gambler.

Casinos indeed have a bigger advantage in front of gamblers because the casinos own the gambling business. The casino will always check if they are still the ones who are always lucky in getting profits. And there is a way for casinos to stem AI attacks by gamblers.

We gamblers should also understand the situation and if there is a ban on the use of AI, we should not need to use AI. Moreover, we also don't chase winnings from gambling and only use gambling as an activity in our free time so we only gamble when we don't do other things.

Yeah, casinos are well known to have lots of checks to actually make sure they are not losing money while operating.

Technology always has been there with the potential to win over the casinos, but the casinos always remove your chances to do it.

For example using devices for counting cards, and similar things, cameras and people in the casino are always looking for things like this.

And if you keep winning more than what's expected they keep an eye on you, and eventually you might be invited to leave their premises if you keep winning.

[ethereumhunter]

Yeah, casinos are well known to have lots of checks to actually make sure they are not losing money while operating.

Technology always has been there with the potential to win over the casinos, but the casinos always remove your chances to do it.

For example using devices for counting cards, and similar things, cameras and people in the casino are always looking for things like this.

And if you keep winning more than what's expected they keep an eye on you, and eventually you might be invited to leave their premises if you keep winning.

That is why famous casinos always ensure that their casinos can operate well and always make a profit from their business. With the technology that casinos use, they can give casinos the opportunity to make a lot of profit from losing gamblers, so gamblers should be aware that they don't need to chase wins. Casinos will not let gamblers win many games or win big because it will affect their profits. And yes, the casino will not like it if there are gamblers who often win, even if it is an honest win, so the casino may restrict those gamblers who win.

[l3pox]

~snip~
There may be no specific regulations from casinos regarding the use of AI, but if AI is more developed than now, there will be changes in regulations from casinos. Casinos will protect their businesses from the possibility that gamblers can gain greater profits using AI. And casinos will also apply the same thing as gamblers, namely by using AI to restrain gamblers who use AI. Casinos do not want to experience losses from gamblers, so the casino will always check the status of each gambler.

Casinos indeed have a bigger advantage in front of gamblers because the casinos own the gambling business. The casino will always check if they are still the ones who are always lucky in getting profits. And there is a way for casinos to stem AI attacks by gamblers.

We gamblers should also understand the situation and if there is a ban on the use of AI, we should not need to use AI. Moreover, we also don't chase winnings from gambling and only use gambling as an activity in our free time so we only gamble when we don't do other things.

Yeah, casinos are well known to have lots of checks to actually make sure they are not losing money while operating.

Technology always has been there with the potential to win over the casinos, but the casinos always remove your chances to do it.

For example using devices for counting cards, and similar things, cameras and people in the casino are always looking for things like this.

And if you keep winning more than what's expected they keep an eye on you, and eventually you might be invited to leave their premises if you keep winning.

with or without AI one thing is for sure
the casinos will maitain their edge

have you ever heard about sports betting houses that ban players when they start to win a lot?
in the end of the day they can decide who can play and who can't
that's the game.

[nullama]

~snip~
with or without AI one thing is for sure
the casinos will maitain their edge

have you ever heard about sports betting houses that ban players when they start to win a lot?
in the end of the day they can decide who can play and who can't
that's the game.

Yeah, casinos have been doing this forever.

The moment you start winning more than what's expected you will make the casino people notice you.

They will start monitoring you, and if you continue, they will ask you to leave. Or sometimes they would give you free drinks and food so that you stay longer and lose it all over time.

It depends if they think you are cheating or you just got lucky once.

[arjunmujay]

The development of the world of artificial intelligence (AI) is truly extraordinary. and many novice gamblers use these machines to predict gambling games. Some even asked him to predict altcoins as a trading tool.
In fact, it is good to use AI for this purpose, but it is also not the right and final choice. You also have to pay attention to your own analysis when making bets. Moreover, gambling games are also limited by the time for betting on the game. Is there still time to use AI as a decision-making tool?

[nullama]

The development of the world of artificial intelligence (AI) is truly extraordinary. and many novice gamblers use these machines to predict gambling games. Some even asked him to predict altcoins as a trading tool.
In fact, it is good to use AI for this purpose, but it is also not the right and final choice. You also have to pay attention to your own analysis when making bets. Moreover, gambling games are also limited by the time for betting on the game. Is there still time to use AI as a decision-making tool?

There will always be ways to use AI to get some benefits, or to do things faster.

So, I think you can still use AI to make some interesting bets, or at least to make some money doing other things.