How succesful will AI projects be to win the house?

[LUCKMCFLY]

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:

Chelsea FC - Everton FC

in this game, chelsea has an odd of @1.46 and Everton has an odd of @7.00, that is, chelsea is being seen as a favorite, for the AI there is no problem in this game, without a doubt that the AI would recommend betting on chelsea, but a person can watch the videos of the games of each of these teams and see the performance of each one of them and will conclude that in this game there is a good chance of a draw because everton has improved a lot and Chelsea are still not unstable in attack

I can give example from the game:

Paris Saint-Germain FC - Stade Rennais FC

You are right, AI will always choose the club with the sure odds and cannot double chance the bets, so at the end of the day, you still need individual contribution to make a bet decision and there is no way an Artificial intelligence will beat that.

-The use of AI in the casinos is an attempt but the house is always ahead and will not give chances to any development that will lead to loss of money for the casino.

I wouldn't trust AI to the fullest, I know it's fashionable but it's something that can happen over time, but I just don't trust it right now because it's in full swing, it's like giving an adult homework to a baby , This is still a long way from being developed, I understand that ChatGPT4 will be paid, so for now the hopes for a lot will fade little by little, I don't think that the prediction property has among its improvements, so on that side I don't The thing is painting well , because it would be chaos all betting and making the casinos unseat.

[traderethereum]

on the other hand, the definition of beating the house is like an impossible thing, whereas casinos are designed to always be profitable and the casino business never goes bankrupt.

We have to realize this if we want to try to beat the casino because casinos will always prevent gamblers from always winning.
We also will never know how it happened but it did happen and because of that, not many gamblers could win big money.
People who manage to win from the casino will come back to the casino with more money because they think they can win again.
And when they use a lot of money to gamble, the casinos take over the money and make the greedy gamblers lose their money.
It will be hard for us to beat the casinos so we better be aware of that and just gamble for fun.

[Hirose UK]

on the other hand, the definition of beating the house is like an impossible thing, whereas casinos are designed to always be profitable and the casino business never goes bankrupt.

We have to realize this if we want to try to beat the casino because casinos will always prevent gamblers from always winning.
We also will never know how it happened but it did happen and because of that, not many gamblers could win big money.
People who manage to win from the casino will come back to the casino with more money because they think they can win again.
And when they use a lot of money to gamble, the casinos take over the money and make the greedy gamblers lose their money.
It will be hard for us to beat the casinos so we better be aware of that and just gamble for fun.

Never before has a gambler beaten the casino to lose so much money to pay and go bankrupt.
If there are only a few and even then it is supported by luck not because of the abilities of the gamblers.
If the gambler who gets this win has a greedy nature then what you are talking about from the casino back to the casino will happen and can even exceed the money won.
Besides realizing that gamblers are hard to win and gamble for fun, we also need to have targets, such as stopping when we win and not betting more than we can.

[redsun114]

Being unable to analyze the current event and adapt to change quickly make the use of AI in gambling ineffective and since artificial intelligence needs configuration to work effectively it is of no use and can't predict or analyze games.

-There is no doubt that a lot of AI development has been on the increase lately but its usage is still limited due to some factors.

AI development is yet to witness that level of adaptivity but there are alternatives to that that can be used, it is to manually feed data to it by copy-pasting every single detail and information and ask it to memorize it all, if it has the capability to memorize that much detail that is manually fed to it, it will probably do the analysis if you ask it with the perfect prompt.

But even after doing that, it won't really be able to provide accurate results since it may miss a lot of details and information that a human can observe within or around the match/matches that they are going to bet on.

[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

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.

Yes, no doubt A.I is the new trend of internet marketing, affiliate marketing and online gambling as it has proven to do works initially meant for humans in the slightest few seconds, more faster and accurate. And as such making many people now lose their jobs, which is quite both good and bad, as with the use of A.I a user don't need to pay for voiceover anymore as we have got A.I human-like tool that convert text into speech in few seconds, write a full blog post with A.I, generate a YouTube video, analyze a sport betting team and do lots of more others.

[Plaguedeath]

Yes, no doubt A.I is the new trend of internet marketing, affiliate marketing and online gambling as it has proven to do works initially meant for humans in the slightest few seconds, more faster and accurate. And as such making many people now lose their jobs, which is quite both good and bad, as with the use of A.I a user don't need to pay for voiceover anymore as we have got A.I human-like tool that convert text into speech in few seconds, write a full blog post with A.I, generate a YouTube video, analyze a sport betting team and do lots of more others.

If you think A.I human-like tool is really helping to write a full blog post, then why you're not using A.I to create post in this forum? or this post was created by A.I

A.I isn't a perfect tool, someone can easily recognize between the difference of blog, voice, analyze etc created by A.I and created by real human. No one will interested to read a general wall of text, no one will interested to hear a voice without intonation etc, etc.

[Peanutswar]

on the other hand, the definition of beating the house is like an impossible thing, whereas casinos are designed to always be profitable and the casino business never goes bankrupt.

We have to realize this if we want to try to beat the casino because casinos will always prevent gamblers from always winning.
We also will never know how it happened but it did happen and because of that, not many gamblers could win big money.
People who manage to win from the casino will come back to the casino with more money because they think they can win again.
And when they use a lot of money to gamble, the casinos take over the money and make the greedy gamblers lose their money.
It will be hard for us to beat the casinos so we better be aware of that and just gamble for fun.

Only a small percentage of winners are capable to enjoy this kind of thing that why better to gamble responsibly, a small portion of players only make huge winnings and getting a chance of bankrupt with the casino is far from too much reality unless the player does not enjoy their casino and leave it that the time casino makes an action for gaining back and possible of bankruptcy, but if the small percentage of the winners, for example, is 10:1000 of players still at the end its the casinos win. Risk or to lose.

[l3pox]

Well. Putting it simple. If there is an edge, AI (and future AGIs) will find it. No doubt
The thing is we’ll probably move to a scenario where there is no edge at all on the games and in the long run the house wins.

Still possible to use AI to manage bankroll strategies and try to find an edge on some skill games

[RILWAN]

We expect to see some level of success in AI work on gambling but the thing is that we cant ascertain whether there will be consistency in it winning over the house, but then since this is a new development let's see how to far it can go.

[AicecreaME]

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.

You cannot really win against the house because the moment you decided to gamble, they already got what they want from you. You can win several times, may it be a small or huge amount, but regardless, the casino already profited from you and the other players. After all, they are a business that needs to earn profit at the expense of others. The RTP of the casino and the odds given on your account will play a role on how frequent and how big you will win.

AI can be a basis of your bet, but it won't really beat the house. Consistent winning with failproof method doesn't exist since there's only a certain extent where you can win big then the rest of the bets will just balance your previous wins out.

[mak013]

Well. Putting it simple. If there is an edge, AI (and future AGIs) will find it. No doubt
The thing is we’ll probably move to a scenario where there is no edge at all on the games and in the long run the house wins.

Still possible to use AI to manage bankroll strategies and try to find an edge on some skill games

I think it would be AI against AI. It is bad idea to think that the casino hires dumbs specialists. They will use the same tools and most time the casino has more opportunities due to their money.
And there is ToS, and it is possible to include some rules when casino can prohibite using AI and ban gamblers if they suspect it.

[danadc]

We expect to see some level of success in AI work on gambling but the thing is that we cant ascertain whether there will be consistency in it winning over the house, but then since this is a new development let's see how to far it can go.

If what they are looking for is to beat the house, they are very far from Reality, I do not know much about AI, but I know and I am sure that the programs that have been developed are to have a resistance to the AI, and each time they are Improving and Updating, so that is not a problem for those who are looking for or trying to beat the house, I also imagine that in every casino when a player is winning a lot of money, the alarms are activated and they begin to monitor the player's Movements, and they look for or study why they are winning so much, if it is an error in the games.

[nakamura12]

I don't think it is a great move to create an AI to beat the house especially if the casino owners will know that someone use an AI to beat the house if they are successful with the AI then I think they will make changes to their TOS so that using an AI will result in getting banned from their casino. Many people will think that it is possible to beat the house but in reality, they will only take what you have after some winnings.

[Hamphser]

We expect to see some level of success in AI work on gambling but the thing is that we cant ascertain whether there will be consistency in it winning over the house, but then since this is a new development let's see how to far it can go.

If what they are looking for is to beat the house, they are very far from Reality, I do not know much about AI, but I know and I am sure that the programs that have been developed are to have a resistance to the AI, and each time they are Improving and Updating, so that is not a problem for those who are looking for or trying to beat the house, I also imagine that in every casino when a player is winning a lot of money, the alarms are activated and they begin to monitor the player's Movements, and they look for or study why they are winning so much, if it is an error in the games.

No matter how AI would be advanced then there's no way that it would be able to beat up the house or something that it would be used on something against to it.It is really that impossible that they wont really be

finding out solutions if ever there would be some leak out that it does work or totally having that kind of impact in terms of their revenue.This is why there are some applications which would really be tested or
to be tried out on different industry and look whether it would be giving out advantage to them or not.This is why business owners wouldnt really be that letting for  these things to happen.
There's no way that they would really just let it so easily.

[traderethereum]

on the other hand, the definition of beating the house is like an impossible thing, whereas casinos are designed to always be profitable and the casino business never goes bankrupt.

We have to realize this if we want to try to beat the casino because casinos will always prevent gamblers from always winning.
We also will never know how it happened but it did happen and because of that, not many gamblers could win big money.
People who manage to win from the casino will come back to the casino with more money because they think they can win again.
And when they use a lot of money to gamble, the casinos take over the money and make the greedy gamblers lose their money.
It will be hard for us to beat the casinos so we better be aware of that and just gamble for fun.

Never before has a gambler beaten the casino to lose so much money to pay and go bankrupt.
If there are only a few and even then it is supported by luck not because of the abilities of the gamblers.
If the gambler who gets this win has a greedy nature then what you are talking about from the casino back to the casino will happen and can even exceed the money won.
Besides realizing that gamblers are hard to win and gamble for fun, we also need to have targets, such as stopping when we win and not betting more than we can.

If you have a target, what is your reaction when you can't reach your target?
Are you going to keep gambling until you reach your target?
If so, it's not worth doing so.
You need to have another target which could be the target should not be to stop when you win because getting a win from gambling is very difficult.
It's better to stop when you have had enough or you determine how long you play gambling and don't exceed that time limit.

on the other hand, the definition of beating the house is like an impossible thing, whereas casinos are designed to always be profitable and the casino business never goes bankrupt.

We have to realize this if we want to try to beat the casino because casinos will always prevent gamblers from always winning.
We also will never know how it happened but it did happen and because of that, not many gamblers could win big money.
People who manage to win from the casino will come back to the casino with more money because they think they can win again.
And when they use a lot of money to gamble, the casinos take over the money and make the greedy gamblers lose their money.
It will be hard for us to beat the casinos so we better be aware of that and just gamble for fun.

Only a small percentage of winners are capable to enjoy this kind of thing that why better to gamble responsibly, a small portion of players only make huge winnings and getting a chance of bankrupt with the casino is far from too much reality unless the player does not enjoy their casino and leave it that the time casino makes an action for gaining back and possible of bankruptcy, but if the small percentage of the winners, for example, is 10:1000 of players still at the end its the casinos win. Risk or to lose.

Yes, betting responsibly will keep gamblers from losing or even going bankrupt at one time.
He can also enjoy his gambling game by staying within the limits he has made.
In addition, he still has the opportunity to win, whether big or small.
The important thing is that he can get pleasure from gambling and be able to return to gambling again another day.

[l3pox]

I don't think it is a great move to create an AI to beat the house especially if the casino owners will know that someone use an AI to beat the house if they are successful with the AI then I think they will make changes to their TOS so that using an AI will result in getting banned from their casino. Many people will think that it is possible to beat the house but in reality, they will only take what you have after some winnings.

There’s that. If an AI find an edge (which I don’t think will happen on systems well made) it will be against the terms of use of the website and the person/AI account will get cancelled with prizes not paid.

Probably

[Peanutswar]

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.

Yes, no doubt A.I is the new trend of internet marketing, affiliate marketing and online gambling as it has proven to do works initially meant for humans in the slightest few seconds, more faster and accurate. And as such making many people now lose their jobs, which is quite both good and bad, as with the use of A.I a user don't need to pay for voiceover anymore as we have got A.I human-like tool that convert text into speech in few seconds, write a full blog post with A.I, generate a YouTube video, analyze a sport betting team and do lots of more others.

Still its a program you can make a request with the Chatgpt to make a system which is can make a predictions or make an odds maker and make a bet but in terms of injecting or getting a data from the casino i guess far from reality unless you make an injection to their casino so you can get a possible chance of scripting but in terms of using chatgpt you can just ask for the codes unless you really know how does it works normal player just for gambling with the chatgpt seems like a useless thing to use for them.

[Sterbens]

Yes, betting responsibly will keep gamblers from losing or even going bankrupt at one time.
He can also enjoy his gambling game by staying within the limits he has made.
In addition, he still has the opportunity to win, whether big or small.
The important thing is that he can get pleasure from gambling and be able to return to gambling again another day.

I think even if you are responsible for the loss of the value of the bet, this will not really affect your luck level. When you have limits but you are not psychologically good and easily distracted it is better to avoid gambling if you don't want to lose a lot of money remember it is only luck.
Gamble with a cool head and mean that this is just for fun on your day off.

[dezoel]

Well. Putting it simple. If there is an edge, AI (and future AGIs) will find it. No doubt
The thing is we’ll probably move to a scenario where there is no edge at all on the games and in the long run the house wins.

Still possible to use AI to manage bankroll strategies and try to find an edge on some skill games

I think it would be AI against AI. It is bad idea to think that the casino hires dumbs specialists. They will use the same tools and most time the casino has more opportunities due to their money.
And there is ToS, and it is possible to include some rules when casino can prohibite using AI and ban gamblers if they suspect it.

It will probably be foolish to think that casinos can't make use of AI to detect unusual activity if users can use AI to beat the house. They might be the first ones to make use of AI technology in their favor before their players can get to it. And you are right that they can easily make changes in their terms and services and include the rule of banning gamblers from using tools to maximize winnings.

Casinos are a form of business, so they will probably take all the necessary actions to prevent their business from going to loss, including the prevention from AI and other tools that might give players an advantage over the house.

[fullhdpixel]

Well. Putting it simple. If there is an edge, AI (and future AGIs) will find it. No doubt
The thing is we’ll probably move to a scenario where there is no edge at all on the games and in the long run the house wins.

Still possible to use AI to manage bankroll strategies and try to find an edge on some skill games

A long time ago many casinos have no house edge but they all didn't last long. House edge is where the casino owners earns a profit so they will always operate their casino with it. I don't think an AI can negate the effect of the house edge and if it's possible I don't think it will be released for public use because creators of those AI knew that it will only cause a trouble. It will only destroy the entertainment factor that casinos are bringing and I am sure they don't want that to happen too. Maybe AIs will only work like the gambling bots. They can still help us in some ways but not in an abusive manner where some parties can suffer badly.