How succesful will AI projects be to win the house?

[taufik123]

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That way, all of this has been programmed according to what the casino dealer and AI want, even though it can only make predictions for a sports match, not for games in gambling games. AI does make everything feel easier but casino programmers also have their own security, AI might be used as a technology that helps gambling get better in terms of use and response given, not to win those who might have been programmed to lose.

If gambling is only used to make a lot of profit, then it will be a bad place.
You should use gambling partly for fun, not absolutely for profit.
Ai technology is implemented in gambling to make it better, not to win someone over

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[klidex]

AI can help gamblers in terms of predictive strategies that allow getting better results compared to human prediction results.
But that's not necessarily all you can get 100% victory as we hope and certainly a more precise win depends on our luck at gambling.
Actually, I have never tried Chatgpt myself, but seeing from several people who have used this AI strategy they say that all results are not certain and cannot beat the house.

[worldofcoins]

Do you think AI will be more successful to get a working gambling strategy to win the house... and if they do, what will be the impact on casinos?

I don't think an AI like ChatGPT will be able to beat a gambling website that has a house edge.
In the long run, AI will get beaten by gambling websites with a house edge. I doubt AI will be successful at the job provided to it.

[Hispo]

Let us remember that Artificial intelligence relays on public information on internet to answer people's questions and requests.
That means that in reality, the AI will just give us a logical reply based on the data it can find, which is something we can already do without its help, in the best case scenario it may just save us time on the analysis.

I do not think AI will mean a serious change for the gambling industry, simple analysis for predictions cannot beat the laws of the probabilities. And using AI to cheat the casino is obviously illegal.

[BVeyron]

We are seeing more and more projects that are almost 100% built on Artificial Intelligence, like ChatGPT. Here are a few experiments that are linked between ChatGPT and gambling....

https://www.youtube.com/watch?v=IDthta5sUGQ

https://www.youtube.com/watch?v=xw3pc-47weg

https://www.youtube.com/watch?v=fYegYNkwjR0

https://www.youtube.com/watch?v=tlFrI6cLD0E

Do you think AI will be more successful to get a working gambling strategy to win the house... and if they do, what will be the impact on casinos?

I suppose gambling is bit aside AI stuff, too many coincidence moments. AI is well taught with smth which can be statistically realised, and actually the science of statistics itself was created by mathematicians to create the best strategies in gambling and casino (roulette, dice, horse racing etc), so they unveiled many laws of the nature, but still are not able to create a good gambling algorithm...  

[coin-investor]

We all know gamblers will try all the available methods they stumble just to improve their chances and this GPT is the new big thing, next time we'll see a lot of testimonies and stories about using AI on their success and failures in sports betting the AI recommendation is very vast because sports betting has a lot of options for creating strategies like those mentions on those videos.
We should not judge these AIs' this early until the majority who use them are losing a lot of money from using these AIs'.

[crzy]

Using AI for this purpose might not be possible because gambling works with luck and there’s no way to beat the house even if you use AI, for sure this is not allowed. I didn’t see any news yet about the site adopting AI technology as well so they can caught cheaters and frauds, this should be your worry if you will use AI because the site can ban you and your funds might be compromised.

[Fivestar4everMVP]

It is highly impossible to beat the house in the long run, and one of the reasons why I think it's impossible for Ai to beat the house in gambling is because, gambling is a dynamic type of gaming, there is no static way to win when gambling on a Casino, so this simply means that even if you device a strategy that seems to work, there is no guarantee that such a strategy will continue to work forever..

So if an Ai is programmed to strategically beat the casino, it might work in the first, second and maybe third game, as soon as the casino's game system changes, the Ai will automatically loose its ability to win the house like it previously did, in the end, the house can not be beaten.

[iv4n]

Do you think AI will be more successful to get a working gambling strategy to win the house... and if they do, what will be the impact on casinos?

I don't think an AI like ChatGPT will be able to beat a gambling website that has a house edge.
In the long run, AI will get beaten by gambling websites with a house edge. I doubt AI will be successful at the job provided to it.

It's because casinos are using an even better version of AI! They can afford it... in the end (or beginning) it's all math! And AI is probably beating us in math...

I tried ChatGPT, just a few questions... I got very detailed answers, it stuck at some sex-related questions, which was funny! Anyway, I guess that with some right questions, ChatGPT can give "good answers". Of course, the question is how successful it can be. I guess everything over 60-70% would be great. I will not test it, but I believe some people will for sure...

[Accardo]

It is highly impossible to beat the house in the long run, and one of the reasons why I think it's impossible for Ai to beat the house in gambling is because, gambling is a dynamic type of gaming, there is no static way to win when gambling on a Casino, so this simply means that even if you device a strategy that seems to work, there is no guarantee that such a strategy will continue to work forever..

So if an Ai is programmed to strategically beat the casino, it might work in the first, second and maybe third game, as soon as the casino's game system changes, the Ai will automatically loose its ability to win the house like it previously did, in the end, the house can not be beaten.

It'll be a treatening moment for the Online Casino platforms due to the capacity of the deep learning that backs up an AI. It specializes on analytical problems and storing large data of past events, which can be used to determine the outcome of a game from the past results already displayed on the gambling machine. Though steady winning can't be guaranteed, but its certain that AI, if so much money and time is spent on the Deep Learning, can predict games that'll be positive. Hence, the house won't seat back and watch, they can easily integrate a fast rule for players that use AI or launch their own version of AI that'll track AI activities.

[swogerino]

We are seeing more and more projects that are almost 100% built on Artificial Intelligence, like ChatGPT. Here are a few experiments that are linked between ChatGPT and gambling....

https://www.youtube.com/watch?v=IDthta5sUGQ

https://www.youtube.com/watch?v=xw3pc-47weg

https://www.youtube.com/watch?v=fYegYNkwjR0

https://www.youtube.com/watch?v=tlFrI6cLD0E

Do you think AI will be more successful to get a working gambling strategy to win the house... and if they do, what will be the impact on casinos?

AI means artificial intelligence and not a sorcerer or future predictor that cannot be known before it is happening,anyone claiming to do so is either a ill minded person or a scammer.Based on this I think that there is nothing to be impacted on the casinos as they will still keep making money because AI no matter how good they will become they simply cannot predict the future for sport bets.In slot machines they have absolutely 0 impact as they are already programmed to give the casino an edge which is called the house edge and that makes sure that the casino makes profit in the long run.So AI won't have an impact on the casinos in my opinion.

[seleme]

My honest opinion is no matter what strategy or person/bot we pick the final result will not change since the house edge factor makes the house unbeatable in the long run. Why does it matter if the bet button has been clicked by a real person or commanded by "smart AI"? Btw, let's don't forget casinos also have access to such tools that can be used to boost their revenue.  Casinos are form of business that has been created to make a profit, using AI may delay bust final scenario but it can't be used to get infinite win streaks, IMHO.

[GxSTxV]

For betting on sports, the AI can provide predictions based on the available statistics and the history of teams or whichever sport you want to bet on where you can’t assure any return or positive result with that so it is important to understand that there is no guarantee of profits in sports betting as it involves an element of unpredictability unless there is a manipulation or cheating.
Similar case for lottery or slot games, the AI can only analyze the information provided and you may get lucky to win, but it may not be sustainable in the long run since the casino has the advantage to beat every possibility against it. AI may have many useful uses but surely not in gambling and to win against the house the only way is being so lucky to win once and never return or to cheat.

[boyptc]

As with these developments are optimistic, you just can't really beat the house. If AIs are being developed, for sure that there will be a counter measure being done by the casinos to avoid these high winning rates made by them.

They probably are anticipating this to happen and they'll do something for them to protect their business interest and possible abuse by those people that sees some gap to take advantage of with the use of this technology.

Still, at the end of the day, this technology is no Nostradamus and the house will always and will shall prevail. Soon, we might see threads about their experiences and winning rates with the help of AI technology.

[dothebeats]

Those who has the money and the capability to go on a long-standing battle against the house will win. It's about who's going to win the war of attrition, and so far the house always wins. No matter how smart or how capable the AI they are inventing is, there's no denying that the house controls a lot of the aspects of its platform and can even win against a lot of players by literally just serving them. I am for AI development, but I don't think there will ever come a time wherein an AI can defeat a sufficiently-funded house in the long run.

[Viscore]

In the long run, you can not win the house. The chance you can be lucky and win big to become rich will always be less than 1% while in long time, the house will always be the winner.

Just as it has been advised several times, gamble for just fun.

Right. Gambling casinos are designed to make an income out from players, and not that players will in return take advantage over the casinos. Even with the arise of AI projects, still we cannot beat the house. So I don’t think that the house will be threaten with this AI projects. AI cannot predict something to happen, most particularly in gambling where everything comes with luck.

[PX-Z]

Do you think AI will be more successful to get a working gambling strategy to win the house... and if they do, what will be the impact on casinos?

Hmmm, it's like asking quantum computers towards cracking bitcoin tech. So by any means, you can't beat the house.
 
Although ai will be a huge help in sports betting by asking inputs and statistics but still it wont give you a winning answer or any higher winning rate on the team you will choose.

[Stedsm]

Nah, nobody in this world, not even AI can beat the house.
However, it can make a difference if it can bring us small profits over time because if we attain to gain something out of its use, we can use it time to time to grab some profits every now and then (not continuously). This is to prevent the casino from understanding our strategy and implementing theirs to stop us from either using AI or getting consistent profits from it.

[BenCodie]

In the long run, you can not win the house. The chance you can be lucky and win big to become rich will always be less than 1% while in long time, the house will always be the winner.

Just as it has been advised several times, gamble for just fun.

For certain games I would disagree. With enough data and the combination of intelligent usage, I believe that AI can be used to beat the house. It would bring an edge that allows the player to stand a potential chance. The same goes with Poker. It may not guarantee your win, but if you know how to use it, it would exponentially improve your odds.

Right now, ChatGPT is not capable enough (in my opinion). I will however be very curious to see how AI will effect the gambling industry as it becomes more advanced and if it remains as open to use as current.

[Hispo]

Nah, nobody in this world, not even AI can beat the house.
However, it can make a difference if it can bring us small profits over time because if we attain to gain something out of its use, we can use it time to time to grab some profits every now and then (not continuously). This is to prevent the casino from understanding our strategy and implementing theirs to stop us from either using AI or getting consistent profits from it.

I could bet anything you want that even before artificial intelligence becomes more refined and widespread, casino software engineers and technicians have been already been tasked to study, engineer and deploy any counter measure against possible abuse of AI to enhance odds against the house.

Besides, even if AI could be used as you say to get some profits from time to time, there would be people abusing it as often as they can and prompting casinos to do something about it even faster.

House always win, not even Skynet can change that.