How succesful will AI projects be to win the house?

[QueenVera]

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?

When one wants to predict a game, you go through previous games how they play and there score and the qualify/skill of the club to the best of your knowledge, from there you can be able to make your decision about who is to be your winner or not, which will not be the same with other's production.  I believe these AI are built using the same idea, but since they are machines, they will be more calculative than humans, but they won't give 100% accuracy to all games, just as humans predict sometimes correctly and sometimes incorrectly.

If anything makes this proposed project work successfully, then the casino's businesses will all be shut down for good. Everyone will want to use the AI to predict and win, and when there is no losing, the casino won't have anything to keep them going since they are likely profit-oriented businesses.

I agree with you but on the other hand, I Believe that these AI all work on principles and instructions already programmed for them and which is also human based. The major difference with AI is the fact that strategies aren't compromised over some few changes because as a human, most times when we want to place a bet, we put into considerations a whole lot of things and most times tend to compromise our decision ls over se.few irrelevant things which I believe AI helps correct.
I personally Haven't had the thought of using an AI despite several positive stories I've heard about it's work but I soon hope to give it a trial someday.

[_act_]

AI can help gamblers in terms of predictive strategies that allow getting better results compared to human prediction results.

That is not true, AI can make use of some strategies to analyse but it can not do more than the prediction sites. If you check predictions sites, you can see how many predictions were made but only put gamblers that fully have believe on them into losses. In gambling, as you can not fully believe in predictions, you can not also fully believe in AI, you can just try to use it to get some information fast which can aid your analyses and prediction.

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.

I have preferred not to use anything but myself analysing a match. I do not go for most of the match but just few or one. I do not bet frequently and discipline myself. I win than lose.

[Kakmakr]

I see most people seem to think that it is not possible to win the house, but what if the AI finds some kind of exploit and then give that as a answer to millions of people that are asking that question?

I am a human and I have spotted two flaws in casino slots (that I reported) ....but if the AI spots something, will it report it or simple do what it is designed to to... (namely to solve problems)

This makes for some interesting discussions. 

[davis196]

Most gambling games are designed in a way that makes it impossible for the player to win in the long run. No AI could win in a rigged game.
I'm talking about the "low IQ" gambling games, like dice and crash(and probably roulette).
It would be interesting to see how AI would play a game like poker. Perhaps there will be AI poker players gambling on online casinos in the not-so-distant future. I would never let an AI bot to bet my money and play in a casino.
I'm sure that many not-so-smart gamblers would happily pay for a magical "always winning" AI gambling bot or service. We've seen such scams before, they will never end.

[Dunamisx]

We make a common mistakes when it comes to discussions about AI which is the overrating that we give them, we should know that they are limited to the level of potentials they can perform in carrying out a task unlike humanbeing, AI work by one way directly such a way that they only perform their task base on the program made on them, in gambling there are many ways gamblers uses their brain to win against the house edge in gambling which i believe is a pitfall on AI to do so.

[Mauser]

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?

No i don't think AI based gambling strategies are going to beat the casinos. As far as I know there is still no strategy by itself that beats the casino consistently. All of the casino games are designed with a house edge that makes sure the casino remains profitable in the long run. Short term there be a lot of gamblers making money due to randomness, but eventually the number of losers should be higher than the number of winners. Even the best Ai in the world can't change that. There are winning strategies like card counting in Blackjack or professional poker players who manage to be profitable for a long period of time. But this won't be able to be replicated freely by AI as most casinos don't allow card counting. I am still wondering what kind of strategies the AI comes up with after many games.

[Mr. Magkaisa]

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?

No i don't think AI based gambling strategies are going to beat the casinos. As far as I know there is still no strategy by itself that beats the casino consistently. All of the casino games are designed with a house edge that makes sure the casino remains profitable in the long run. Short term there be a lot of gamblers making money due to randomness, but eventually the number of losers should be higher than the number of winners. Even the best Ai in the world can't change that. There are winning strategies like card counting in Blackjack or professional poker players who manage to be profitable for a long period of time. But this won't be able to be replicated freely by AI as most casinos don't allow card counting. I am still wondering what kind of strategies the AI comes up with after many games.

     -  I also don't believe in AI related to crypto gambling, for me it's no different from a bot you know that. And until now or even when, AI will not be accurate unlike humans like us who have their own strategy that is used by emotions.

While AI does not have emotions, it is still different from a normal gambler who will play on a crypto gambling platform. As well as gambling, they still want AI to work for the gamblers, that's not good, after all, there's no enjoyment in that, right?

[Rruchi man]

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?

Just know that as technology improves, so also do the casino develop and get smarter as well.

With more AI projects, Casino's will be on the lookout for how it can affect their profit and business. Developers will also most likely take advantage of this also to work on and create projects that will be able to detect and block AI use perhaps, a technology that casino owners will be able to patronize to ensure they stay in business.

[tusandii]

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?

It seems that any casino will never let their customers use AL to play because it will have a huge impact on the casino experiencing losses.
However, if there are indeed a number of people who have tried to use AL, they will definitely have made big profits there and over time, if the casino finds out, there will only be more suspicion from the casino about the account being used, so in the end there will only be quite a long problem.
After all, all this time I've been in the gambling industry, I've never heard of any gamblers who use AL for them to play, but this is an act that seems to be prohibited, so anyone will never say their experience using AL.

[Daltonik]

I see most people seem to think that it is not possible to win the house, but what if the AI finds some kind of exploit and then give that as a answer to millions of people that are asking that question?
I am a human and I have spotted two flaws in casino slots (that I reported) ....but if the AI spots something, will it report it or simple do what it is designed to to... (namely to solve problems)
This makes for some interesting discussions.  

I think that many developers know and use AI also to search for vulnerabilities, and if we take into account their awareness and experience, I think they are able to make a very specific and directed request, which is quite difficult for a simple layman.

[Odusko]

This makes for some interesting discussions. 

Expect to see interesting comments in this thread, but don't expect to see any lengthy write up on this topic, this is because AI discussion does not have so much to discuss onnce their cant act outside their source code and at that most developer and back end monitors will detect the activities of AI easily.
Just know that AI will be shirt left in casinos if it ever works which I thought it will, it is a long wait to fail in the end, and no matter the vulnerability of the casino, bots will get cut off sooner or later.

[michellee]

I see most people seem to think that it is not possible to win the house, but what if the AI finds some kind of exploit and then give that as a answer to millions of people that are asking that question?

I am a human and I have spotted two flaws in casino slots (that I reported) ....but if the AI spots something, will it report it or simple do what it is designed to to... (namely to solve problems)

This makes for some interesting discussions. 

If AI development has gone so far as to figure out how to beat something like finding an exploit to win a gambling game, it may work in the future. But I think the casinos will also try to prevent this by developing AI technology, so there will be an AI technology war.

If it finds something that is a weakness of casino slots, AI will provide that data to the gambler and then depend on the gambler. Or the AI could simply attack those weaknesses and use them to the gambler's advantage. We can never imagine what will happen with AI technology because AI technology will surely develop rapidly.

[Desmong]

We make a common mistakes when it comes to discussions about AI which is the overrating that we give them, we should know that they are limited to the level of potentials they can perform in carrying out a task unlike humanbeing, AI work by one way directly such a way that they only perform their task base on the program made on them, in gambling there are many ways gamblers uses their brain to win against the house edge in gambling which i believe is a pitfall on AI to do so.

People had been talking about a.i for over a while now and I am still surprised why will I have to use i.a to make my predictions when I can easily do that myself. I do play more of sportbets that is why I don't see a.i as a helping source to make me have a better winnings. I mostly depends on luck because that is what had been bringing the fortunes in.

[acroman08]

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?

unless an AI can somehow create a strategy that is foolproof and ignores the casino's house edge, I don't think they can. but let's say they did, what I think would happen or the impact it will have on casinos, is casinos will ban the strategy because if they don't, it can ruin their business and possibly the gambling market.

[Wexnident]

~

AI has certain limitations when it comes to predicting sports events.
Other factors such as players' injuries, environmental conditions, or strategies may not be incorporated in their system.
If AI is giving the advantage to its players, these casinos and bookies may have already stop its operations due to possible bankruptcy.
But I believe, it is still far from happening as this AI system can only work to some extent, they maybe can predict but it depends on the database they have.
For now, it is not a threat yet to these gambling sites. The sites themselves will worry if they start seeing casinos going down owed to AI winnings.

That's my point, it can easily predict matches that are so far apart from each other, e.g. a tier 3 team vs a tier 1 team (unless the skill level is so high that gaps between tiers almost become so nonexistent), in comparison to a fight between both tier 1 teams. There are a LOT of factors involved, not just strategies, injuries, or whatnot, heat moment decisions aren't exactly something you can predict, nor does every move in a game can be telegraphed like how chess can. I do believe AI will make predicting easier to some semblance, at least, it makes a lot of info accessible and can crunch it down and translate it to your average gambler, but it can't exactly include everything in its prediction. It's a basis to build up your prediction of sorts.

[Coin_trader]

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?

unless an AI can somehow create a strategy that is foolproof and ignores the casino's house edge, I don't think they can. but let's say they did, what I think would happen or the impact it will have on casinos, is casinos will ban the strategy because if they don't, it can ruin their business and possibly the gambling market.

There’s no way to remove or ignore house edge because all gambling games is designed with the rules that will make the house edge. The only way to create a strategy that will ignore it is to use a software to cheat for the result so that you can guarantee win on every bet.

But there’s a limitation on what AI can do since it’s knowledge is highly dependent on its source like the web or it’s programer. There might be few cheats software available but the casino will surely notice it once you are winning big time most of the time. Even a bot can cause you to be banned if ever someone find a foolproof strategy because casino will never allow such instrument that will increase the player win chance rate.

[goldkingcoiner]

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 think AI will most definitely be more successful than humans to find a working gambling strategy against the house but they will still not be able to actually beat the house. I think its just no way around mathematical probabilities, even for AI. But I have been wrong before, so I won't give that opinion of mine any guarantees.

It does make me wonder how powerful AI's will become. I am sure that casinos themselves already deploy certain AI to weed out cheaters, scammers etc.

Both sides of AI both pro and contra online gambling casinos will improve. So, that might be another reason why AI won't win against house.

[Haunebu]

Time will tell op. Current AI software like ChatGPT, Bard etc have their limitations(ChatGPT processes 2021 or older data etc) in the gambling world which is why it's not possible to beat the house edge through them.

However, this could change in the future thanks to advancements in the tech space. Companies wouldn't obviously allow their softwares to be used for gambling purposes, but hackers will definitely find ways to do so.

High risk, high reward at the end of the day!

[seoincorporation]

AI can be userd to play with better odds on your side, but that is not enough to win against the house, because that small percent in the house's favor will make the house always win in the long run, that's how it works.

I have done in the past some betting bots with weird betting methods that make me win, but after running them for weeks in the long way the hit a bad streak, so, if you ask to an IA to make a method to win against the casino for sure it answers will be to not play is the best way to win.

[Dickiy]

Winning the house is a near impossibility for me, even though it is basically assisted by AI with all its advantages lately and continues to be developed. AI can indeed provide the right formula and the right strategy in determining bets and what must be considered mathematically, but can it fight casinos that are directly controlled by casino server owners. I'm too complicated if I have to understand what's in the video to take a bet. really it's done for people who want to really win the bet and take a lot of profit.
but if the results of what the AI suggests can reach 70% -90% success, casino owners have to be careful.