How succesful will AI projects be to win the house?

[bettercrypto]

A bot that makes sports betting predictions, according to the author of the first video, it seems to me that it may well be a useful tool that makes it easier for players to bet on a possible winner, because not everyone is deeply immersed in the events of different sports and an extra analysis will always be useful.

from my experience I would say that AI will not be able to bring consistent profits unless the person makes a combination of the results obtained from the AI with analyzes obtained by himself, I will give a concrete example: let's say I want to bet on the game between:

...

This would tell us that no perfect technology that could see what will happen next. Though we can appreciate how this AI has been created but when it comes to gambling, they are just like us humans and they can be wrong. At the end of the day, the house still makes money even though all gamblers will use this technology.

Because what I see is that everything that has been created has some limitations and so we can't expect AI's knows everything and is able to surpass theeir limitation.

I don't believe that AI knows everything because first of all it is known if others have also noticed that AI is not updated in cryptocurrency and it is not accurate either, how did I say it? because when it comes to matters related to human emotions, it will no longer be able to answer the question correctly.

       That's one of the reasons why that is no longer covered by AI because it is no longer in their program, therefore when it comes to gambling in the casino it can only provide guidlines or options that we can choose but not at the point where the gamblers will win on the house edge, because if that is true the casinos will not apply the AI system because they will only lose to the gamblers who always win in their casino, this is the logic that I see in my understanding.

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[joniboini]

I don't believe that AI knows everything because first of all it is known if others have also noticed that AI is not updated in cryptocurrency and it is not accurate either, how did I say it? because when it comes to matters related to human emotions, it will no longer be able to answer the question correctly.

At the end of the day, AI is just a tool, anyone can use machine learning and build a bot specifically for crypto if they really want to. I don't see why the need to correctly measure human emotion anyway if you're talking about making bets. If anything, they can simply disregard any emotional instability when making decisions and just look at technical/statistics data that leans more to the winning side. It is not that far off considering we see many trading bots with more advanced features nowadays. Whether it is worth it or not is a different question.

 That's one of the reasons why that is no longer covered by AI because it is no longer in their program, therefore when it comes to gambling in the casino it can only provide guidlines or options that we can choose but not at the point where the gamblers will win on the house edge, because if that is true the casinos will not apply the AI system because they will only lose to the gamblers who always win in their casino, this is the logic that I see in my understanding.

It is hard to understand what you're trying to say. Are you saying that casinos or any platform can ban AI if AI gives its users more profits? That's certainly true, but bots are common nowadays, and it is also a form of AI. I don't see any platform going bankrupt just because the user uses a bot, not to mention they can simply change things to prevent the algorithm that the bot uses from always working. In the end, there are many ways to circumvent the issue.

[tusandii]

Actually Al could beat the house edge but his chances are still low because after all no one can ever beat the house.
Even if one can make their own strategy and see what's going on it's still no guarantee of winning the house.
Unless luck is on your side, victory is inevitable, because nothing can stop someone's luck except the person himself.
So far only a few people can beat the house and even then it's very rare to even have only 1 or 2 people in a thousand.

What do you mean there are few people who can beat the house? Who is it ?
In all my time in gambling I've never come across a gambler who can beat the house, that's impossible.
Or maybe you mean the person you said was just because you got a big win after that you said you could beat the house?
A gambler who gets a big win doesn't mean that it seems like he can beat the house, but look at the numbers he has lost and won to see if they are comparable.
It's funny when you say anyone can beat the house.

Yes, it's because you get a big win that a gambler can be said to beat the house.
Even though what you get cannot be compared to what has been lost before, at least at that time gamblers can win and beat the house. This kind of thing actually makes a proud impression because not everyone can beat the house even just once.
Don't you know that not everyone has good luck. If you only rely on gambling to get profit, then that is not the right action, so even though the victory is not commensurate with what you have lost before, we can still feel happiness from that win.

[slapper]

Actually Al could beat the house edge but his chances are still low because after all no one can ever beat the house.
Even if one can make their own strategy and see what's going on it's still no guarantee of winning the house.
Unless luck is on your side, victory is inevitable, because nothing can stop someone's luck except the person himself.
So far only a few people can beat the house and even then it's very rare to even have only 1 or 2 people in a thousand.

What do you mean there are few people who can beat the house? Who is it ?
In all my time in gambling I've never come across a gambler who can beat the house, that's impossible.
Or maybe you mean the person you said was just because you got a big win after that you said you could beat the house?
A gambler who gets a big win doesn't mean that it seems like he can beat the house, but look at the numbers he has lost and won to see if they are comparable.
It's funny when you say anyone can beat the house.

Yes, it's because you get a big win that a gambler can be said to beat the house.
Even though what you get cannot be compared to what has been lost before, at least at that time gamblers can win and beat the house. This kind of thing actually makes a proud impression because not everyone can beat the house even just once.
Don't you know that not everyone has good luck. If you only rely on gambling to get profit, then that is not the right action, so even though the victory is not commensurate with what you have lost before, we can still feel happiness from that win.

I'm in a very philosophical mood today, and I can't wait to dive into this amazing topic! People, it's a fact: not everyone can beat the house, but that doesn't mean we should bet our way to riches. Someone wise once said, and I'm paraphrasing here, "You can't control everything, but you can control your response." Even if we don't get rich, the trip can still be fun.

Friends, the trip is just as important as where you're going. When we only care about the big prize, we miss out on all the amazing lessons and experiences we could have learned along the way. We can learn a lot about ourselves and how we handle money through gambling. It teaches us how to be focused, have patience, and plan like a genius. We know how hard it was to get where we are now, so when we win, it feels great.

[maydna]

A bot that makes sports betting predictions, according to the author of the first video, it seems to me that it may well be a useful tool that makes it easier for players to bet on a possible winner, because not everyone is deeply immersed in the events of different sports and an extra analysis will always be useful.

from my experience I would say that AI will not be able to bring consistent profits unless the person makes a combination of the results obtained from the AI with analyzes obtained by himself, I will give a concrete example: let's say I want to bet on the game between:

...

This would tell us that no perfect technology that could see what will happen next. Though we can appreciate how this AI has been created but when it comes to gambling, they are just like us humans and they can be wrong. At the end of the day, the house still makes money even though all gamblers will use this technology.

Because what I see is that everything that has been created has some limitations and so we can't expect AI's knows everything and is able to surpass theeir limitation.

I don't believe that AI knows everything because first of all it is known if others have also noticed that AI is not updated in cryptocurrency and it is not accurate either, how did I say it? because when it comes to matters related to human emotions, it will no longer be able to answer the question correctly.

       That's one of the reasons why that is no longer covered by AI because it is no longer in their program, therefore when it comes to gambling in the casino it can only provide guidlines or options that we can choose but not at the point where the gamblers will win on the house edge, because if that is true the casinos will not apply the AI system because they will only lose to the gamblers who always win in their casino, this is the logic that I see in my understanding.

AI may not know everything yet because it is still under development by the developers so we cannot rely on AI for our daily activities. I can only imagine that AI will be like the AI we have seen in fiction films that collaborate with humans to carry out their daily activities.

Maybe casinos will also implement AI to protect their business from the invasion of gamblers who use AI, but I don't know. That's still far from my imagination and we also don't know what the future development of AI will be like. But if there is an AI that can provide more accurate information for gamblers, maybe gamblers will take that info to their advantage in betting.

[CryptoHeadlineNews]

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?

For me, I think it is likely to be impossible to ever get a working strategy to always consistently win the house, because casino are always designed in such a way that the house is always at advantage against the gambler, except in those cases where the gambler may happens to be lucky. But however, what this A.I does is gather generic sentimental information from across all social media all around the globe, and come up with what might seem to be the possible outcome of that sporting event, which in most cases can be true or not.

But, moreover, A.I has really help simplify more works for humans ever since it came into existence

[shasan]

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

I want to say that gambling is not for the fun hence gambling is for addiction. For fun, people play free games or those games which have not have such an option to win based on the amount of betting. Though there is only a portion of people use gambling sites for fun/refreshment but the majority of people are addicted to winning more funds or recovering losses on gambling.

[BenCodie]

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

I want to say that gambling is not for the fun hence gambling is for addiction. For fun, people play free games or those games which have not have such an option to win based on the amount of betting. Though there is only a portion of people use gambling sites for fun/refreshment but the majority of people are addicted to winning more funds or recovering losses on gambling.

I totally agree. I have always found it hard to comprehend that a gambler is playing only "for the fun" while risking the loss of their money. I understand for the thrill, though that also comes with addiction in a way. As to gain thrill, a large risk would have to be taken, which would likely mean the bet is irresponsible and thus it is more addiction than it is for fun.

[Desmong]

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?

For me, I think it is likely to be impossible to ever get a working strategy to always consistently win the house, because casino are always designed in such a way that the house is always at advantage against the gambler, except in those cases where the gambler may happens to be lucky. But however, what this A.I does is gather generic sentimental information from across all social media all around the globe, and come up with what might seem to be the possible outcome of that sporting event, which in most cases can be true or not.

But, moreover, A.I has really help simplify more works for humans ever since it came into existence

IA is good and with time people are going to appreciate it. There are still some persons that had been thinking of AI been a thread to a common man with different opinion of it dominating the market making people to me lose there job. I respect to see the use of AI I'm businesses and also in school.

[gunhell16]

A bot that makes sports betting predictions, according to the author of the first video, it seems to me that it may well be a useful tool that makes it easier for players to bet on a possible winner, because not everyone is deeply immersed in the events of different sports and an extra analysis will always be useful.

from my experience I would say that AI will not be able to bring consistent profits unless the person makes a combination of the results obtained from the AI with analyzes obtained by himself, I will give a concrete example: let's say I want to bet on the game between:

...

This would tell us that no perfect technology that could see what will happen next. Though we can appreciate how this AI has been created but when it comes to gambling, they are just like us humans and they can be wrong. At the end of the day, the house still makes money even though all gamblers will use this technology.

Because what I see is that everything that has been created has some limitations and so we can't expect AI's knows everything and is able to surpass theeir limitation.

I don't believe that AI knows everything because first of all it is known if others have also noticed that AI is not updated in cryptocurrency and it is not accurate either, how did I say it? because when it comes to matters related to human emotions, it will no longer be able to answer the question correctly.

       That's one of the reasons why that is no longer covered by AI because it is no longer in their program, therefore when it comes to gambling in the casino it can only provide guidlines or options that we can choose but not at the point where the gamblers will win on the house edge, because if that is true the casinos will not apply the AI system because they will only lose to the gamblers who always win in their casino, this is the logic that I see in my understanding.

AI may not know everything yet because it is still under development by the developers so we cannot rely on AI for our daily activities. I can only imagine that AI will be like the AI we have seen in fiction films that collaborate with humans to carry out their daily activities.

Maybe casinos will also implement AI to protect their business from the invasion of gamblers who use AI, but I don't know. That's still far from my imagination and we also don't know what the future development of AI will be like. But if there is an AI that can provide more accurate information for gamblers, maybe gamblers will take that info to their advantage in betting.

At this point that you said, I have seen some AI movies where they are usually the partners of humans, based on the show AI can be used for good and bad, then I also watched one where the creator was killed by an AI robot to him as if the AI used to have emotions which is really impossible.

Now the AI that is being developed in relation to the gambling casino is still not perfect and there are not many users of it, it is still in the experimental stage. So there are still many arguments about it.

[Rabata]

AI has been able to bring massive changes in every field. In Casino gambling use of artificial intelligence is also rise tremendously. AI is now playing a huge role in every part of prediction and analysis. Where earlier one had to wait for others' analysis and wait for a long time but now it is no longer necessary. Making predictions based on all information and data for very fast in gambling AI will contribute  the most.

[Mauser]

AI has been able to bring massive changes in every field. In Casino gambling use of artificial intelligence is also rise tremendously. AI is now playing a huge role in every part of prediction and analysis. Where earlier one had to wait for others' analysis and wait for a long time but now it is no longer necessary. Making predictions based on all information and data for very fast in gambling AI will contribute  the most.

While it's true that AI is making a lot of changes and has huge potential in the way it's quickly analysing data and learning from it, I am not convinced that it will make many changes to the gambling industry. Back in high-school I learned a bit about casinos in my statics class and the first we focused on was that gambling rounds are independent from each other. So even after analysing all the past rounds over several months, is not going to change the odds of us winning or losing. Every new round is going to give us the exact same odds, which makes it very hard to find a winning strategy. Every casino game has a house edge to ensure that casino is making money long term. If there were strategies that make a consistent profit for the gambler than the casino would need to change it's games, otherwise they would go bankrupt.

[letteredhub]

Don't forget this is a computer designed by humans and can be manipulated or defeated by same knowledge of humans that are in charge of these casinos. There's no assurance depending on AI for better and bigger win as the chances are still slim and predominantly based on luck just like with human ability only been used.

[South Park]

AI has been able to bring massive changes in every field. In Casino gambling use of artificial intelligence is also rise tremendously. AI is now playing a huge role in every part of prediction and analysis. Where earlier one had to wait for others' analysis and wait for a long time but now it is no longer necessary. Making predictions based on all information and data for very fast in gambling AI will contribute  the most.

While it's true that AI is making a lot of changes and has huge potential in the way it's quickly analysing data and learning from it, I am not convinced that it will make many changes to the gambling industry. Back in high-school I learned a bit about casinos in my statics class and the first we focused on was that gambling rounds are independent from each other. So even after analysing all the past rounds over several months, is not going to change the odds of us winning or losing. Every new round is going to give us the exact same odds, which makes it very hard to find a winning strategy. Every casino game has a house edge to ensure that casino is making money long term. If there were strategies that make a consistent profit for the gambler than the casino would need to change it's games, otherwise they would go bankrupt.

And even if someone spends a great deal of time and finds a way to beat one of the casino games then the casinos will just change the games, this has happened already many times with one of the most notorious examples being blackjack, many decades ago blackjack was played with a single deck of cards, but when card counting was developed which allowed the player to get an advantage over the house casinos changed blackjack and began to shuffle more often, used more decks and branded everyone which used card counting as a cheater, even if they were just using their minds to beat them.

[tabas]

Don't forget this is a computer designed by humans and can be manipulated or defeated by same knowledge of humans that are in charge of these casinos. There's no assurance depending on AI for better and bigger win as the chances are still slim and predominantly based on luck just like with human ability only been used.

We have to trust ourselves that humans, us, can still defeat these AIs and their knowledge is still limited. While us, we've got more time to know more and study a lot and upgrade. But to weigh things, the upgrades that these AIs are getting is also like limitless but thanks to the developers of it. Like the newest version of chat gpt-4, it's said that it can have more reliable answers and better way of understanding and could it be that gambling is also part of it. But again, we have to remember that these AIs are also basing their knowledge and answers on what's visible on the web and they cannot foresee the future like predicting a gambling result like in sportsbetting which is unlikely.

[cabron]

A bot that makes sports betting predictions, according to the author of the first video, it seems to me that it may well be a useful tool that makes it easier for players to bet on a possible winner, because not everyone is deeply immersed in the events of different sports and an extra analysis will always be useful.

from my experience I would say that AI will not be able to bring consistent profits unless the person makes a combination of the results obtained from the AI with analyzes obtained by himself, I will give a concrete example: let's say I want to bet on the game between:

...

This would tell us that no perfect technology that could see what will happen next. Though we can appreciate how this AI has been created but when it comes to gambling, they are just like us humans and they can be wrong. At the end of the day, the house still makes money even though all gamblers will use this technology.

Because what I see is that everything that has been created has some limitations and so we can't expect AI's knows everything and is able to surpass theeir limitation.

I don't believe that AI knows everything because first of all it is known if others have also noticed that AI is not updated in cryptocurrency and it is not accurate either, how did I say it? because when it comes to matters related to human emotions, it will no longer be able to answer the question correctly.

       That's one of the reasons why that is no longer covered by AI because it is no longer in their program, therefore when it comes to gambling in the casino it can only provide guidlines or options that we can choose but not at the point where the gamblers will win on the house edge, because if that is true the casinos will not apply the AI system because they will only lose to the gamblers who always win in their casino, this is the logic that I see in my understanding.

The human emotion I think is what the Twitter sentiment analysis is. Although there is really a possibility that AIs can predict the outcome of the sports match, I still can't give 100% trust. The only way I guess is to keep testing as many bots as possible with a very small amount. Whichever works, in the long run, will probably work every time.

ChatGPT dice strategy is tempting, I wanna try asking the bot. 

[RILWAN]

I have being following up with this discussion of AI usage for gambling and i fine it very interesting if gamblers can use it to beat the probably fairs system of the casino which have limited players in many ways but with AI now players can now beat rhe casinos to it.

[Sanitough]

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.

There’s always less or no chances to beat the house and take an edge, even if you make use of potential AI projects as they can never be reliable especially in gambling where every outcomes is uncertain and can never be predicted. Luck is all you need when you gamble, expect for some sports that actually require skills to win. That is why gambling should never be considered a source of living or income even if you apply the best AI projects.

[Dunamisx]

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

I want to say that gambling is not for the fun hence gambling is for addiction. For fun, people play free games or those games which have not have such an option to win based on the amount of betting. Though there is only a portion of people use gambling sites for fun/refreshment but the majority of people are addicted to winning more funds or recovering losses on gambling.

Gamblers finds it a thing of fun to bet and either win or loose yet remain satisfied and that doesn't stop them from continuing gambling the next day or time, why is because there's fun in gambling, this is what majority of gamblers want, an atmosphere to create fun in a pleasurable moment which does not matter either winning or loosing, even those that want to make money from gambling still finds fun in doing so.

[piebeyb]

I have being following up with this discussion of AI usage for gambling and i fine it very interesting if gamblers can use it to beat the probably fairs system of the casino which have limited players in many ways but with AI now players can now beat rhe casinos to it.

I'm not sure AI can be used to win at gambling, I believe that casinos have anticipated this AI of course, so there's no loophole for gamblers to take advantage of this AI to be able to win from home, after all this is just artificial intelligence made by humans too and will not be designed to win the gamble.