AmoreJaz
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March 13, 2023, 06:17:38 PM |
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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.
there's a reason why there's house edge. you may win from time to time but as you said, in the long run, house always win. if not, not many casinos will survive in this business if the players will win in the long run. this is why gambling business is a very lucrative one if the owners know how to handle their businesses. sure, they will pay some big winners but overall, they are still in positive side. otherwise, they won't be in the business anymore. and if in the future, they found that AI is winning over them, that's the time that they will close their services rather than be bankrupted by AI system.
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serjent05
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March 13, 2023, 06:29:54 PM |
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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, the gambling algorithm is random and at the current state of AI, it won't be able to give good advice on which one will win. It may be good on sports betting if it has access to the data of players but in games like slots, dice, and others that is luck base games, AI will fail us. I watched a YT stream by watchgamestv using chatgpt to suggest a winning combination and most of it fail. That alone is solid proof that AI won't be successful to win against the gambling house.
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EarnOnVictor
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March 13, 2023, 06:37:35 PM |
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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 do not see the AI winning against the house, the technology of the house is in control, not the external AI. I will always say it that the house has carefully and cleverly programmed its games, and this program can never be broken by AI even if AI knows what is wrong and what to do, access can't be granted. The internal program that favours the house will always win irrespective of whether it's human or AI. Not that AI is not super-intelligent, it can only see what the house allows it, and they might use their programs to confuse it.
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Wiwo
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March 13, 2023, 06:42:59 PM |
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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, the gambling algorithm is random and at the current state of AI, it won't be able to give good advice on which one will win. It may be good on sports betting if it has access to the data of players but in games like slots, dice, and others that is luck base games, AI will fail us. I watched a YT stream by watchgamestv using a chatbot to suggest a winning combination and most of it fail. That alone is solid proof that AI won't be successful to win against the gambling house. Exactly AI is not consistent and can not detect gambling algorithm so at that AI bots can communicate on the existing games to beat the house, this is what has been proven many times and its uncertainty rate is quite high. -Artificial intelligence (AI) will not succeed in casinos and even if they exploit some vulnerability in the casino systems it will not last before the casino cashed up with them and bans the accounts involved.
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South Park
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March 13, 2023, 07:09:19 PM |
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Even if we were to assume this to be true and AI was able to find some way to consistently beat the casinos at some of their games, this would not be the first time someone, or in this case something, was able to find a way to beat the casinos, at that point casinos will do what they always do, which is to adapt and change their games so this strategy is no longer effective or simply ban it from use, and if you are found to be using it anyway then they can deny you access to your account and not pay you what you won as you violated their TOS.
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Stedsm
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March 13, 2023, 07:21:58 PM |
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--snip--
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. TBH I really don't know how can we utilize AI bots or anything related to AI to gain anything out of gambling, but if it's real then it's already being used somewhere because if such question can arise now, then just think how long has AI been into development and how many people would have already taken advantage of it against beating the odds to some extent. I understand that nobody can beat the house, and that's what I said in the very beginning of my comment but we can't deny the disruption being made by AI in many fields and if it can snatch away an average Joe's job out of his hands, then we really don't know the reach of this outperforming technology.
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barbara44
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March 13, 2023, 09:20:24 PM |
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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. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) AI generally will not look for flaws or glitches or anything that can give the player an advantage over the house unless you ask it to do so. AI models act only according to the prompts provided to them, so whatever you ask them to do, they will do in the best possible way they can. AI is a very vast field and we are yet to see a lot of revolution in it though. We may see a lot of advantages in AI in the near future as companies are always working to create and implement new and more advanced AI algorithms and language-learning models. So AI surely has a bright future, but we will have to wait to see if it can come out to be good at gambling or not.
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Newlifebtc
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March 13, 2023, 09:33:45 PM |
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Before you promote a project I believe that you will master the project and did not dare elementary basis of the project before you can search that this project is worthy for someone to invest or attach it's thought into it so sometimes a reason why some people do not make a research before promoting some certain project website
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rahmad2nd
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March 13, 2023, 09:39:36 PM |
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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 just skimmed the first link you shared. In the video, the man is betting using a bot that makes betting predictions. this makes me wonder, whether Al or ChatGPT can accurately predict the outcome of a sports match. because, this really doesn't make sense to me. and if it did work, all casinos would suffer inevitable losses. because, automatically gamblers will take advantage of ChatGPT to their advantage. Once again I say, to be honest I have never once tried to use this artificial intelligence technology. So, I can't assume or judge it too far. However, if we talk about sports betting, there is no such thing as a prediction that is proven to be accurate. everything is just a prediction, even though we have gone through a series of studies and analyzes that we did before. in fact, every outcome would be decided during the game. consistent team, potentially win the fight. but if we use Al as a medium to find all the information, including information from sports teams that we need. that would obviously be of great help.
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Wiwo
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March 13, 2023, 10:07:33 PM |
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Before you promote a project I believe that you will master the project and did not dare the elementary basis of the project before you can search that this project is worthy for someone to invest or attach it's thought into it so sometimes a reason why some people do not make a research before promoting some certain project website
You are missing the topic of discussion and I don't see any relevance of thos comments in this thread as they contribute nothing to the discussion and also seem off-topic at this point, so I advise you to read through the thread again to get familiar and build a better understanding of the topic of discussion. -AI is a new trending topic: it has to do with the use of artificial intelligence to perform duties as humans but know that it has its shortcomings.
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LUCKMCFLY
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March 13, 2023, 10:13:21 PM |
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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 just skimmed the first link you shared. In the video, the man is betting using a bot that makes betting predictions. this makes me wonder, whether Al or ChatGPT can accurately predict the outcome of a sports match. because, this really doesn't make sense to me. and if it did work, all casinos would suffer inevitable losses. because, automatically gamblers will take advantage of ChatGPT to their advantage. Once again I say, to be honest I have never once tried to use this artificial intelligence technology. So, I can't assume or judge it too far. However, if we talk about sports betting, there is no such thing as a prediction that is proven to be accurate. everything is just a prediction, even though we have gone through a series of studies and analyzes that we did before. in fact, every outcome would be decided during the game. consistent team, potentially win the fight. but if we use Al as a medium to find all the information, including information from sports teams that we need. that would obviously be of great help. Well, the AI is not prepared to make predictions, where this works then the bookmakers and everything related to sports betting would be bankrupt, obviously the topic is in fashion, ChatGPT is in fashion, but it has many errors, don't worry marvel at what is just being developed, there is the AI in demo or beta mode, it is impossible for it to reach such speeds or for the AI as such to be a conscience where it will always be right, what it can do It is to help make mathematical, probabilistic and statistical modeling, which is a very nice tool to help with dictions, but it is not something reliable, it always has to have the judgment of a human.
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famososMuertos
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March 13, 2023, 11:37:08 PM |
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Well, there are players who beat the house and it happens every day, in fact, if we calculate millions of bets, it happens every second.
Then, for it to be effective you shouldn't play anymore, hence, if the game has 1% , It's going to happen at some point you lose $1 for every $100, it's going to happen.
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Dr.Bitcoin_Strange
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March 13, 2023, 11:51:22 PM |
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I may be wrong though, but the way I picture AI being used in gambling is that users will incur more losses than usual and will tend to bet with their emotions so badly because they will think that, after all, they are not the ones making the decisions anymore, so they will see it as a stress-free situation. I feel people will get more addicted to gambling if artificial intelligence is allowed to make some gambling decisions and predictions.
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Lanatsa
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March 13, 2023, 11:55:48 PM |
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I may be wrong though, but the way I picture AI being used in gambling is that users will incur more losses than usual and will tend to bet with their emotions so badly because they will think that, after all, they are not the ones making the decisions anymore, so they will see it as a stress-free situation. I feel people will get more addicted to gambling if artificial intelligence is allowed to make some gambling decisions and predictions.
Not just talking about winning chance but also it do really removes the true essence on why you are doing gambling in the first place which is to have fun.Right? It is true that AI might be that significant but there were no proofs that it does give out that precision which is recognizable.If ever if it was effective, then we do really believe that gambling houses and companies wont really be making a move? This is why its really that impossible on having such application of AI in terms of gambling activity.
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▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | | | 4,000+ GAMES███████████████████ ██████████▀▄▀▀▀████ ████████▀▄▀██░░░███ ██████▀▄███▄▀█▄▄▄██ ███▀▀▀▀▀▀█▀▀▀▀▀▀███ ██░░░░░░░░█░░░░░░██ ██▄░░░░░░░█░░░░░▄██ ███▄░░░░▄█▄▄▄▄▄████ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ | █████████ ▀████████ ░░▀██████ ░░░░▀████ ░░░░░░███ ▄░░░░░███ ▀█▄▄▄████ ░░▀▀█████ ▀▀▀▀▀▀▀▀▀ | █████████ ░░░▀▀████ ██▄▄▀░███ █░░█▄░░██ ░████▀▀██ █░░█▀░░██ ██▀▀▄░███ ░░░▄▄████ ▀▀▀▀▀▀▀▀▀ |
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Prestongold
Jr. Member
Offline
Activity: 77
Merit: 7
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March 14, 2023, 12:46:09 AM |
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It depends on the ground in which the AI usage is administered, take a developer that already found a lip hole in a casino, there may design an artificial intelligence not that could keep on exploring and exploiting the casino for as long as their want.
Because the AI bot aims to cheat the casino until their caught and banned from accessing the casino.
In general terms, I don't think this will record a lot of success anyways, but then it's still something that abusers will always attempt to use against the casino.
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Kakmakr (OP)
Legendary
Offline
Activity: 3542
Merit: 1964
Leading Crypto Sports Betting & Casino Platform
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 14, 2023, 06:00:54 AM |
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I may be wrong though, but the way I picture AI being used in gambling is that users will incur more losses than usual and will tend to bet with their emotions so badly because they will think that, after all, they are not the ones making the decisions anymore, so they will see it as a stress-free situation. I feel people will get more addicted to gambling if artificial intelligence is allowed to make some gambling decisions and predictions.
Not just talking about winning chance but also it do really removes the true essence on why you are doing gambling in the first place which is to have fun.Right? It is true that AI might be that significant but there were no proofs that it does give out that precision which is recognizable.If ever if it was effective, then we do really believe that gambling houses and companies wont really be making a move? This is why its really that impossible on having such application of AI in terms of gambling activity. The question is..... Is gambling still fun for many people or do they grind out many hours of gambling with zero profit at all. The house edge is so bad on many of these casinos, that you hardly see any good wins anymore. I think many people will enjoy it more, if they can find a way to get a little more profit to extend their gambling time. I am not saying that they must find an exploit and then drain all the money in the casinos .... but rather to find a mathematical advantage to increase their win chance, with a good strategy. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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michellee
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 14, 2023, 03:47:12 PM |
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I may be wrong though, but the way I picture AI being used in gambling is that users will incur more losses than usual and will tend to bet with their emotions so badly because they will think that, after all, they are not the ones making the decisions anymore, so they will see it as a stress-free situation. I feel people will get more addicted to gambling if artificial intelligence is allowed to make some gambling decisions and predictions.
Not just talking about winning chance but also it do really removes the true essence on why you are doing gambling in the first place which is to have fun.Right? It is true that AI might be that significant but there were no proofs that it does give out that precision which is recognizable.If ever if it was effective, then we do really believe that gambling houses and companies wont really be making a move? This is why its really that impossible on having such application of AI in terms of gambling activity. The question is..... Is gambling still fun for many people or do they grind out many hours of gambling with zero profit at all. The house edge is so bad on many of these casinos, that you hardly see any good wins anymore. I think many people will enjoy it more, if they can find a way to get a little more profit to extend their gambling time. I am not saying that they must find an exploit and then drain all the money in the casinos .... but rather to find a mathematical advantage to increase their win chance, with a good strategy. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Even though I have a large balance in my account, that doesn't mean I spend hours gambling because I rarely get big wins or wins. And if I can get win, I will immediately stop and save the winnings before I'm tempted to try playing other gambling games. Even though, for example, I only played for 15 minutes, that was enough, meaning I had fun even though I didn't get any wins. I'm still learning to control myself and not to continue gambling or try to recover my losses because it's very difficult for me.
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danadc
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March 14, 2023, 06:10:45 PM |
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Even if we were to assume this to be true and AI was able to find some way to consistently beat the casinos at some of their games, this would not be the first time someone, or in this case something, was able to find a way to beat the casinos, at that point casinos will do what they always do, which is to adapt and change their games so this strategy is no longer effective or simply ban it from use, and if you are found to be using it anyway then they can deny you access to your account and not pay you what you won as you violated their TOS. I see AI as businesses everywhere, I don't think an AI can beat a casino, because that means that those who make and design the games don't know how to act when there are AI attacks, and how a casino determines what it is an AI and not a normal person?If they detect it, I know why then the casinos do use the AI but for them the AI is legal but not for the players,that lends itself to thinking about it, I don't have another type of thought than that and looking at it well that does make sense , the casino sei can have advantages but not only players.
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Hispo
Legendary
Offline
Activity: 1330
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March 14, 2023, 08:16:26 PM |
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--snip--
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. TBH I really don't know how can we utilize AI bots or anything related to AI to gain anything out of gambling, but if it's real then it's already being used somewhere because if such question can arise now, then just think how long has AI been into development and how many people would have already taken advantage of it against beating the odds to some extent. I understand that nobody can beat the house, and that's what I said in the very beginning of my comment but we can't deny the disruption being made by AI in many fields and if it can snatch away an average Joe's job out of his hands, then we really don't know the reach of this outperforming technology. To reply your doubt about the future of AI and the gambling industry, we must remember that what we are mostly seeing around internet are AI's which allows us to have realistic conversations with a machine and also generate images from words. But underneath the surface, there could be more technically advanced AIs which purpose would not be to interact with human beings directly, but rather review and alter programming languages and code. That is the kind of threat towards cyber security and online casinos we are talking about, if that technology is used recklessly.
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ethereumhunter
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 15, 2023, 03:28:43 AM |
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The question is..... Is gambling still fun for many people or do they grind out many hours of gambling with zero profit at all. The house edge is so bad on many of these casinos, that you hardly see any good wins anymore. I think many people will enjoy it more, if they can find a way to get a little more profit to extend their gambling time. I am not saying that they must find an exploit and then drain all the money in the casinos .... but rather to find a mathematical advantage to increase their win chance, with a good strategy. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Playing gambling is still fun for people who treat gambling as entertainment. But people who use gambling to make money will try to win using AI and probably spend hours gambling or looking for other sports bets. With the help of AI, they feel that they can win some money and maybe even more money because AI can provide even more information than they can find out on their own. But surely, there will be people who will experience a lot of losses because the presence of AI can make them feel comfortable in gambling and placing bets. When a person finds comfort, he can spend more time than other people, leading to difficulties later.
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