How succesful will AI projects be to win the house?

[khaled0111]

The AI bot prediction accuracy depends on the amount of data you give to it. For example, for a football match, the more it knows about the competing teams, the more accurate its prediction will be.
However, there is two other important factors you have to consider which make it hard to beat the house. The first one is the luck factor. The second one is how resourceful the bookies are. They certainly have more data than you so they can get better results and so they will adjust the odds on their favor.

[Kakmakr]

The AI bot prediction accuracy depends on the amount of data you give to it. For example, for a football match, the more it knows about the competing teams, the more accurate its prediction will be.
However, there is two other important factors you have to consider which make it hard to beat the house. The first one is the luck factor. The second one is how resourceful the bookies are. They certainly have more data than you so they can get better results and so they will adjust the odds on their favor.

Yes, even if you manage to use AI to predict the correct Sport bets, you will not be able to get away with it for a long time. The bookies are resourceful and the casino will restrict or handicap your account, once they flag you as a professional. 

The saying... "The house always win" is so true for many other reasons than simply finding a way to beat the system. They have counter measures to react, when they see unnatural betting, so you will lose in the end. 

[mak013]

The AI is based on scripts, even if they are very difficult. I don`t think that it is possible to win the house in any situation, but the AI can help to increase the winning percent. May be if we`ll use correct money management we can get profit for some time, but for a long distance it is impossible. The bookies will ban such gamblers or decrease odds and bet limits. Anyway the casino willn`t give someone to win them.

Casino is a gambling business that is established to gain profit not loss, so the casino has all the smart systems to keep everything that makes the casino lose.
Like AI that has been designed to predict sports betting or something else, but casinos have smarter systems than AI created by someone.
Of course, casinos can never lose and don't want to be defeated in any way, because casinos are a profitable business, not a loss.

I think they will always fight each other. The player will try to create an AI for 100% winnings, and the casino will analyze such AI to prevent players from winning.
It will be possible to win from time to time - when the player's AI finds a new way to win, and the casino AI has not yet broken it.

[piebeyb]

The saying... "The house always win" is so true for many other reasons than simply finding a way to beat the system. They have counter measures to react, when they see unnatural betting, so you will lose in the end. 

The house also doesn't want to go bankrupt, of course they will overcome any technology that makes it bankrupt, besides all the games are set up to win the house so I never want to beat the house, so I just play and have fun if I win it's my lucky day , but since I know the house will always win, so I now prefer betting on sports than playing in casinos except for small bets for fun 

[EarnOnVictor]

The AI bot prediction accuracy depends on the amount of data you give to it. For example, for a football match, the more it knows about the competing teams, the more accurate its prediction will be.
However, there is two other important factors you have to consider which make it hard to beat the house. The first one is the luck factor. The second one is how resourceful the bookies are. They certainly have more data than you so they can get better results and so they will adjust the odds on their favor.

By gambling, I believe the OP mainly means casino, not sportsbook, and it will be so difficult for AI to beat the house in this category. If it were to be with the sportsbooks, the games and predictions are all fair and could be witnessed by all, unlike casinos that have some internal manipulations you might not know. This will certainly confuse the AI as they want and no one should blame it on casino bettings that have some internal dealing to favour the house.

For sports betting to be precise, I believe it will work so well because it will know everything about the team and the players, and be able to give good judgement/predictions about them.

[klidex]

The AI is based on scripts, even if they are very difficult. I don`t think that it is possible to win the house in any situation, but the AI can help to increase the winning percent. May be if we`ll use correct money management we can get profit for some time, but for a long distance it is impossible. The bookies will ban such gamblers or decrease odds and bet limits. Anyway the casino willn`t give someone to win them.

Casino is a gambling business that is established to gain profit not loss, so the casino has all the smart systems to keep everything that makes the casino lose.
Like AI that has been designed to predict sports betting or something else, but casinos have smarter systems than AI created by someone.
Of course, casinos can never lose and don't want to be defeated in any way, because casinos are a profitable business, not a loss.

I think they will always fight each other. The player will try to create an AI for 100% winnings, and the casino will analyze such AI to prevent players from winning.
It will be possible to win from time to time - when the player's AI finds a new way to win, and the casino AI has not yet broken it.

That's not what I mean but the casino has a sophisticated system and is designed no one can beat it even though a very intelligent AI has been developed in any way but it will only be in vain.
So far I haven't found a tool that's really right to be able to beat the casino, except for hackers.
Casinos will only lose to hackers who can hack all the systems in the casino.

[Dunamisx]

The saying... "The house always win" is so true for many other reasons than simply finding a way to beat the system. They have counter measures to react, when they see unnatural betting, so you will lose in the end.

We have to be realistic here and as a matter of fact, in gambling the house always win, this is the real fact, now that there's a nee development on using the AI against the system, how effective do you guys think it can go or last, remember some people sat down to program them before every other person shows interest on it, at the end of it all, you will still discover that AI works perfectly in favour of the house on a winning edge.

[ethereumhunter]

The saying... "The house always win" is so true for many other reasons than simply finding a way to beat the system. They have counter measures to react, when they see unnatural betting, so you will lose in the end.

We have to be realistic here and as a matter of fact, in gambling the house always win, this is the real fact, now that there's a nee development on using the AI against the system, how effective do you guys think it can go or last, remember some people sat down to program them before every other person shows interest on it, at the end of it all, you will still discover that AI works perfectly in favour of the house on a winning edge.

And even though people have started using AI to help them play gambling, casinos won't let people win easily. I'm sure casinos will also use AI technology to be still able to get big wins from losing gamblers. And in the end the casino still wins while the gamblers keep losing and losing their money. Only wise gamblers can survive losing a lot of money because they can think about enjoying gambling well. So we should not become greedy even if we use AI to help us win from the casino.

[BVeyron]

The saying... "The house always win" is so true for many other reasons than simply finding a way to beat the system. They have counter measures to react, when they see unnatural betting, so you will lose in the end.

We have to be realistic here and as a matter of fact, in gambling the house always win, this is the real fact, now that there's a nee development on using the AI against the system, how effective do you guys think it can go or last, remember some people sat down to program them before every other person shows interest on it, at the end of it all, you will still discover that AI works perfectly in favour of the house on a winning edge.

And even though people have started using AI to help them play gambling, casinos won't let people win easily. I'm sure casinos will also use AI technology to be still able to get big wins from losing gamblers. And in the end the casino still wins while the gamblers keep losing and losing their money. Only wise gamblers can survive losing a lot of money because they can think about enjoying gambling well. So we should not become greedy even if we use AI to help us win from the casino.

Yes, AI is actually more to do with backend development and marketing strategies, so for users it can bring just stability improvement. Also, it will probably automatically set withdrawal and bet limits depending on multiple parameters, and this also will be for casino profit.

[danadc]

The saying... "The house always win" is so true for many other reasons than simply finding a way to beat the system. They have counter measures to react, when they see unnatural betting, so you will lose in the end.

We have to be realistic here and as a matter of fact, in gambling the house always win, this is the real fact, now that there's a nee development on using the AI against the system, how effective do you guys think it can go or last, remember some people sat down to program them before every other person shows interest on it, at the end of it all, you will still discover that AI works perfectly in favour of the house on a winning edge.

And even though people have started using AI to help them play gambling, casinos won't let people win easily. I'm sure casinos will also use AI technology to be still able to get big wins from losing gamblers. And in the end the casino still wins while the gamblers keep losing and losing their money. Only wise gamblers can survive losing a lot of money because they can think about enjoying gambling well. So we should not become greedy even if we use AI to help us win from the casino.

Yes, AI is actually more to do with backend development and marketing strategies, so for users it can bring just stability improvement. Also, it will probably automatically set withdrawal and bet limits depending on multiple parameters, and this also will be for casino profit.

But not everything has to be seen for the benefit of the casino, as a player you also have to look for things that Favor you, and it's not that you cheat, but if the casino Uses AI,why can't a player use it? And how do they realize that he is an AI player? Maybe because of the speed of the game and if that's the case it's easy, because you can adjust the AI (if there's the right AI) so that it has the speed of an ordinary human being, that's very difficult, and if the AI confuses a human person with AI? how would they do?

[mak013]

I think they will always fight each other. The player will try to create an AI for 100% winnings, and the casino will analyze such AI to prevent players from winning.
It will be possible to win from time to time - when the player's AI finds a new way to win, and the casino AI has not yet broken it.

That's not what I mean but the casino has a sophisticated system and is designed no one can beat it even though a very intelligent AI has been developed in any way but it will only be in vain.
So far I haven't found a tool that's really right to be able to beat the casino, except for hackers.
Casinos will only lose to hackers who can hack all the systems in the casino.

I don`t think that only hackers can win the casino. Today we see that AI is using everywhere and the casino can use machine learning to protect their winning and the gamblers can try to understand winning algo the same time the same way. And it is possible situation that in some moments gamblers can catch the casino. But some time later the casino change algo and they begin next round.

[Kakmakr]

I think they will always fight each other. The player will try to create an AI for 100% winnings, and the casino will analyze such AI to prevent players from winning.
It will be possible to win from time to time - when the player's AI finds a new way to win, and the casino AI has not yet broken it.

That's not what I mean but the casino has a sophisticated system and is designed no one can beat it even though a very intelligent AI has been developed in any way but it will only be in vain.
So far I haven't found a tool that's really right to be able to beat the casino, except for hackers.
Casinos will only lose to hackers who can hack all the systems in the casino.

I don`t think that only hackers can win the casino. Today we see that AI is using everywhere and the casino can use machine learning to protect their winning and the gamblers can try to understand winning algo the same time the same way. And it is possible situation that in some moments gamblers can catch the casino. But some time later the casino change algo and they begin next round.

Yea, I think the casinos can also benefit from the AI, because it can use the AI to find "holes" in their security and also in the algorithms that they are using. It must be used preventative to stop exploits, not when they are already found and exploited.

I am very curious to see if AI are more clever than humans to spot these "exploits" and to see how it will react when it founds it. (It would be great if it would go into White hat hacker mode and report it to the casinos)

[o48o]

Most of us are aware of how powerful AI is today since AI existed on every part of our lives now. Though with the hype of AI today, I think there developers who aim on making an powerful AI that is sole purpose is to win on casinos. This kind of AI should be the one that casino be ready for. I believe that casino owners know that sooner or later, There will be an AI that will interact with their casino and they should be ready on it by driving them away or not allowing them to win in their casino. AI can be too powerful and we can see how can AI on that is made on our current generation is now performing. I just believe that AI should be regulated as they can interrupt our daily lives soon if those become over powerful that we humans can't control it anymore.

They might change games where counting cards give you an edge against casino, but most of the games are build so that casino has an edge, so it's just mathematically impossible for any ai to cheat the system. But now that programs like chatgpt can get online and run programs, i am pretty sure they give a good edge when it comes to betting sports. But winning in those aren't really "beating the house", it's just beating other gamblers and most likely will mean more less desirable winning ratios.

[serjent05]

Most of us are aware of how powerful AI is today since AI existed on every part of our lives now. Though with the hype of AI today, I think there developers who aim on making an powerful AI that is sole purpose is to win on casinos. This kind of AI should be the one that casino be ready for. I believe that casino owners know that sooner or later, There will be an AI that will interact with their casino and they should be ready on it by driving them away or not allowing them to win in their casino. AI can be too powerful and we can see how can AI on that is made on our current generation is now performing. I just believe that AI should be regulated as they can interrupt our daily lives soon if those become over powerful that we humans can't control it anymore.

They might change games where counting cards give you an edge against casino, but most of the games are build so that casino has an edge, so it's just mathematically impossible for any ai to cheat the system. But now that programs like chatgpt can get online and run programs, i am pretty sure they give a good edge when it comes to betting sports. But winning in those aren't really "beating the house", it's just beating other gamblers and most likely will mean more less desirable winning ratios.

With chatgpt getting good amount of data and resources then it can somehow give a good advice in which team will likely to win but it isn't 100% because as I always said, there is alway a variable that no one can predict, and can greatly affect the input of the match.  But if all goes well with the statatistics and data, then AI can sure give boost to our chance of winning a sports bet.  Though AI advice will always be in vain in a luck-based game.

[abel1337]

They might change games where counting cards give you an edge against casino, but most of the games are build so that casino has an edge, so it's just mathematically impossible for any ai to cheat the system. But now that programs like chatgpt can get online and run programs, i am pretty sure they give a good edge when it comes to betting sports. But winning in those aren't really "beating the house", it's just beating other gamblers and most likely will mean more less desirable winning ratios.

With chatgpt getting good amount of data and resources then it can somehow give a good advice in which team will likely to win but it isn't 100% because as I always said, there is alway a variable that no one can predict, and can greatly affect the input of the match.  But if all goes well with the statatistics and data, then AI can sure give boost to our chance of winning a sports bet.  Though AI advice will always be in vain in a luck-based game.

The advise that these AI will give you is just scrapped over the internet, The only good thing about it is it's more accurate on the question or suggestions you are asking compared in googling it. Unless the AI is a gambling dedicated, I don't think it will help you a lot in processing the winning on gambling. I'm speculating that those gambling dedicated AI is more mathematically program to win or to have a greater chance of getting the chance of winning. Remember that casino owners is aware of the fact that AI can disrupt their casino, Let's see how they can act or what moves are they doing to carefully repel those users who are using AI to win their gambles.

[o48o]

With chatgpt getting good amount of data and resources then it can somehow give a good advice in which team will likely to win but it isn't 100% because as I always said, there is alway a variable that no one can predict, and can greatly affect the input of the match.  But if all goes well with the statatistics and data, then AI can sure give boost to our chance of winning a sports bet.  Though AI advice will always be in vain in a luck-based game.

The advise that these AI will give you is just scrapped over the internet, The only good thing about it is it's more accurate on the question or suggestions you are asking compared in googling it. Unless the AI is a gambling dedicated, I don't think it will help you a lot in processing the winning on gambling. I'm speculating that those gambling dedicated AI is more mathematically program to win or to have a greater chance of getting the chance of winning. Remember that casino owners is aware of the fact that AI can disrupt their casino, Let's see how they can act or what moves are they doing to carefully repel those users who are using AI to win their gambles.

Well obviously it won't be 100% accurate but neither am i and it sure can scrape way more information and combine and compare then i could even comprehend in a ways i couln't have even thought of.
And this development of them is only going to accelerate, so i am not even kidding when at some point it's not only match results it can predict. And that's kind of scary thought as we never had this kind of tech before. It will be used for gambling and trading first but that's just the start.

[slapper]

~snip~

The advise that these AI will give you is just scrapped over the internet, The only good thing about it is it's more accurate on the question or suggestions you are asking compared in googling it. Unless the AI is a gambling dedicated, I don't think it will help you a lot in processing the winning on gambling. I'm speculating that those gambling dedicated AI is more mathematically program to win or to have a greater chance of getting the chance of winning. Remember that casino owners is aware of the fact that AI can disrupt their casino, Let's see how they can act or what moves are they doing to carefully repel those users who are using AI to win their gambles.

When it comes to gambling, I can see where you're coming from with your criticism of AI. The meeting point of technology and politics fascinates me as a tech fan. While AI has made strides, it has a long way to go before it can compete with human players in video games.

Keep in mind that AI is not an adversary, but rather a neutral resource. Combining policy with innovative solutions is, in my opinion, the greatest method to control AI in games. If we have regulations on how to use technology properly and promote research and development, we can keep people safe while still fostering its growth.

[Russlenat]

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?

Definitely, it will not work because when we are talking about the house, there's always an advantage in their favor, and we cannot beat them if we want to be a long-term gambler. AI cannot predict what will happen in the future; it can only provide us with information necessary for us to analyze our bets. This particularly works in sports betting, but only if AI can provide the latest information, which I think ChatGPT does not have the capability for now.

[klidex]

I think they will always fight each other. The player will try to create an AI for 100% winnings, and the casino will analyze such AI to prevent players from winning.
It will be possible to win from time to time - when the player's AI finds a new way to win, and the casino AI has not yet broken it.

That's not what I mean but the casino has a sophisticated system and is designed no one can beat it even though a very intelligent AI has been developed in any way but it will only be in vain.
So far I haven't found a tool that's really right to be able to beat the casino, except for hackers.
Casinos will only lose to hackers who can hack all the systems in the casino.

I don`t think that only hackers can win the casino. Today we see that AI is using everywhere and the casino can use machine learning to protect their winning and the gamblers can try to understand winning algo the same time the same way. And it is possible situation that in some moments gamblers can catch the casino. But some time later the casino change algo and they begin next round.

Yea, I think the casinos can also benefit from the AI, because it can use the AI to find "holes" in their security and also in the algorithms that they are using. It must be used preventative to stop exploits, not when they are already found and exploited.

I am very curious to see if AI are more clever than humans to spot these "exploits" and to see how it will react when it founds it. (It would be great if it would go into White hat hacker mode and report it to the casinos)

Maybe AI can help casinos for algorithm security or in security systems in casinos.
But I'm not sure if the intelligence of AI can surpass the limits of the human mind whereas AI is created by human intelligence.
From this I can make a little thought that AI can be the second role in casino security and most importantly the intelligent human mind.

[mak013]

I don`t think that only hackers can win the casino. Today we see that AI is using everywhere and the casino can use machine learning to protect their winning and the gamblers can try to understand winning algo the same time the same way. And it is possible situation that in some moments gamblers can catch the casino. But some time later the casino change algo and they begin next round.

Yea, I think the casinos can also benefit from the AI, because it can use the AI to find "holes" in their security and also in the algorithms that they are using. It must be used preventative to stop exploits, not when they are already found and exploited.

I am very curious to see if AI are more clever than humans to spot these "exploits" and to see how it will react when it founds it. (It would be great if it would go into White hat hacker mode and report it to the casinos)

I`m sure that AI is used by both sides. And the man today will lose to AI i think. But the human can change algo(for example) or security/winning setting in the moment, when the AI on the isn`t ready.
I think that the main idea can bet use both the AI and the human - the only thing AI can`t predict is a human.