How succesful will AI projects be to win the house?

[Lanatsa]

and for me nothing is 100% in gambling. I mean if indeed AI is developed with very advanced technology and can predict some bets, it will not produce 100%.
for sure we will continue to use our own predictive analysis to determine all our bets and if indeed someone has this tool i think it is highly unlikely.
because the casino will definitely detect the person and maybe if it is detected using an accurate AI, he will be offered to work with the casino itself with a bigger fee.
so from here the casino still wins.

What's 100% in gambling is your chances of losing. 
Anyway, coming back to the topic, first of all, there is no way one can make an AI that can win against the house if we are talking about casino games and not sports betting, if it's a prediction AI for sports betting, it can sometimes be correct just like humans, but not every time.

And, what makes you think that a casino that detects someone cheating the house with a bot or an AI will ask them or partner up? They will simply confiscate their funds and lock his account, and make sure he doesn't get into their platform again.

Come to think that if AI would be that successful on letting or making someone profitable and beating up the house then for sure all of gamblers are making use of it now which we know that it cant really be that

possible.Do we think that they would really be letting it out to happen? No for sure and just like other people been saying above that it cant just be possible on beating up the house and there's no AI application

that would really be able to do so.If there's one then gambling industry would be fucked up and it would be over for them but for now, lets just talk about assumptions
which it is really that impossible to happen.

[Newlifebtc]

We are seeing more and more projects that are almost 100% built on Artificial Intelligence, like ChatGPT. Here are a few experiments that are linked between ChatGPT and gambling....

https://www.youtube.com/watch?v=IDthta5sUGQ

https://www.youtube.com/watch?v=xw3pc-47weg

https://www.youtube.com/watch?v=fYegYNkwjR0

https://www.youtube.com/watch?v=tlFrI6cLD0E

Do you think AI will be more successful to get a working gambling strategy to win the house... and if they do, what will be the impact on casinos?

I have thought of this before but I don't know how it will result out artificial intelligence and gambling I don't think that it will be a helpful matter or give you an accurate prediction and gambling so let us experiment it by using it to check if it will work or not before we have a conclusion,  that is what I have to say in my own opinion

[Ebede]

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 an 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.

But in all this, usage of AI in gambling has proven to be ineffective since gambling games require some player's input that AI may not be able to meet up with, so even though AI has proven to be effective in some areas of operation but it will be a failure in the gambling market and casinos already have an anty bot features that will block AI access to some scripted games to avoid manipulation of the games result.

There is no way IA can work effective in the gambling section. I am still wondering how people intend to us ai in the gambling section whether it will be use to predict matches or to book games on a casino. If AI had the potential to book games and have other features like that then it will really makes sense to us AI in gambling.

this point you are really right because he cannot predict accurately or predict what any other thing can give you a prediction so making use of it is just like somebody who does not understand it right and the left so I believe it is not advisable to make use of it totally in gambling, if you want to understand gambling on make money to gambling you have to make use of your own personal prediction without depending on any machine

[Kakmakr]

and for me nothing is 100% in gambling. I mean if indeed AI is developed with very advanced technology and can predict some bets, it will not produce 100%.
for sure we will continue to use our own predictive analysis to determine all our bets and if indeed someone has this tool i think it is highly unlikely.
because the casino will definitely detect the person and maybe if it is detected using an accurate AI, he will be offered to work with the casino itself with a bigger fee.
so from here the casino still wins.

What's 100% in gambling is your chances of losing. 
Anyway, coming back to the topic, first of all, there is no way one can make an AI that can win against the house if we are talking about casino games and not sports betting, if it's a prediction AI for sports betting, it can sometimes be correct just like humans, but not every time.

And, what makes you think that a casino that detects someone cheating the house with a bot or an AI will ask them or partner up? They will simply confiscate their funds and lock his account, and make sure he doesn't get into their platform again.

Come to think that if AI would be that successful on letting or making someone profitable and beating up the house then for sure all of gamblers are making use of it now which we know that it cant really be that

possible.Do we think that they would really be letting it out to happen? No for sure and just like other people been saying above that it cant just be possible on beating up the house and there's no AI application

that would really be able to do so.If there's one then gambling industry would be fucked up and it would be over for them but for now, lets just talk about assumptions
which it is really that impossible to happen.

You really think it is impossible, when I posted several Youtube videos that are showing very succesful attempts at doing this... and this is still in the early days of Artificial Intelligence. 

People should listen when one of the most intelligent minds in the world like Elon Musk are warning about the future of Artificial Intelligence.

Will this destroy casinos as we know it.... I guess not, I still think casinos will also harness AI to protect them...by using it to test their software for backdoors and exploits.

[LUCKMCFLY]

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.

Currently many things have come out regarding ChatGPT4 which is paid, but which is supposedly the best thing that could have happened, if these things are true, for a long time in casinos they must have the AI, and it is not a bad thing, the AI It helps a lot to the protection and security system in a casino, because it is much faster and it is known that to make a robbery in a casino you must be very fast, and those that are very fast are the bots and that is what it can be useful for a casino, I'm not talking about ChatGPT4 far from it, but these things are what the Engineers of each casino in blockchain and security specialists must already handle.

[coinerer]

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.

Currently many things have come out regarding ChatGPT4 which is paid, but which is supposedly the best thing that could have happened, if these things are true, for a long time in casinos they must have the AI, and it is not a bad thing, the AI It helps a lot to the protection and security system in a casino, because it is much faster and it is known that to make a robbery in a casino you must be very fast, and those that are very fast are the bots and that is what it can be useful for a casino, I'm not talking about ChatGPT4 far from it, but these things are what the Engineers of each casino in blockchain and security specialists must already handle.

ChatGPT-4 is working great but they keep it as paid version.  The first versions they released to the public for free for their own marketing.  But now everyone knows fully about ChatGPT everyone knows that the AI ​​tools work just fine.  And that's why they keep ChatGPT-4 as paid version. But as GPT-4 is able to work great it can work well everywhere and can play a role a better  in casino sites as well. And in the future casino sites may be AI dependent

[carlfebz2]

You really think it is impossible, when I posted several Youtube videos that are showing very succesful attempts at doing this... and this is still in the early days of Artificial Intelligence. 

People should listen when one of the most intelligent minds in the world like Elon Musk are warning about the future of Artificial Intelligence.

Will this destroy casinos as we know it.... I guess not, I still think casinos will also harness AI to protect them...by using it to test their software for backdoors and exploits.

Elon had recently made out a word that this project should be halted but Gates did really give a word on that specially to those critics.

https://www.dailymail.co.uk/sciencetech/article-11937205/Bill-Gates-says-calls-pause-AI-wont-solve-challenges.html
https://www.businesstoday.in/technology/news/story/why-stop-microsoft-cofounder-bill-gates-questions-elon-musks-attempt-to-pause-chatgpt-development-376143-2023-04-05

I do believe that it wont really be putting some harm but rather a benefit to humanity.Well it cant really be just avoided that people would be always having those criticisms.

[South Park]

Someone smart enough to develop such tool will not share it with anyone, after all if you have a piece of software which had the power of literally making money for you every day without you lifting a single finger, would you share it? I know that I wont and I am pretty sure that I am not alone on this, so it is even possible that someone has already developed an AI like this and they have been enjoying the benefits for a very long time already.

It is a selfish thing to do but yes, I certainly do not share it until I reach my goal. Unfortunately, there is no such tool that really exists because even though we say that AI is an advanced technology but it wasn't built for gambling nor to stop casinos. Might this technology is very useful in other things but thinking about using this in gambling, I don't think it was on the market today, they'd rather keep it on their own if they know that it will work 100% efficiently.

One of the aspects which has in a way slow down the development of AI is that no one wants to share their findings, the algorithms behind AI are very well known and they have been around for decades, however the problem was there was not enough data to give them, but now thanks to the internet if there is something we have is data, which means that companies like Google or Facebook have a huge advantage as the way they earn money is by using and selling the information of their users.

[abel1337]

Someone smart enough to develop such tool will not share it with anyone, after all if you have a piece of software which had the power of literally making money for you every day without you lifting a single finger, would you share it? I know that I wont and I am pretty sure that I am not alone on this, so it is even possible that someone has already developed an AI like this and they have been enjoying the benefits for a very long time already.

It is a selfish thing to do but yes, I certainly do not share it until I reach my goal. Unfortunately, there is no such tool that really exists because even though we say that AI is an advanced technology but it wasn't built for gambling nor to stop casinos. Might this technology is very useful in other things but thinking about using this in gambling, I don't think it was on the market today, they'd rather keep it on their own if they know that it will work 100% efficiently.

One of the aspects which has in a way slow down the development of AI is that no one wants to share their findings, the algorithms behind AI are very well known and they have been around for decades, however the problem was there was not enough data to give them, but now thanks to the internet if there is something we have is data, which means that companies like Google or Facebook have a huge advantage as the way they earn money is by using and selling the information of their users.

Big tech companies who has collected a lot of data are the one ho can dominate the AI technology space but yeah there are a petition right now on slowing down the AI cutting edge development because on how fast AI project development has become. I'm sure that there are someone who tried to develop an AI that is focus on gambling but as of now we don't know where to find it or it may never been released on public. Online casino should be ready for preventing AI to be used on their casinos, They should be ready for upcoming users who will take advantage of these AI's.

[serjent05]

Come to think that if AI would be that successful on letting or making someone profitable and beating up the house then for sure all of gamblers are making use of it now which we know that it cant really be that

possible.

If Ai is successful in predicting result of gambling activities then we might see the gambling Industry at its end.  Casinos will be bankrupt and will be forced to shutdown due to insufficient funds.  It is a good thing that AI cannot successfully determine any winning result it makes gambling more entertaining and challenging.

Do we think that they would really be letting it out to happen? No for sure and just like other people been saying above that it cant just be possible on beating up the house and there's no AI application

that would really be able to do so.

Obviously not, the gambling industry will create a countermeasure to prevent these AI in predicting 100% correct results of the games.  They may even ban suspected people who they think are using AI technology in order to take advantage of the casino.  I think it will be a battle of innovation, casino creating anti AI software if AI is able to predict casino game result correctly.

If there's one then gambling industry would be fucked up and it would be over for them but for now, lets just talk about assumptions
which it is really that impossible to happen.

True that is what I stated in the starting sentence of my reply.  AI who happens to predict the right outcome of a gambling game is disastrous to gambling industry.

[slapper]

Someone smart enough to develop such tool will not share it with anyone, after all if you have a piece of software which had the power of literally making money for you every day without you lifting a single finger, would you share it? I know that I wont and I am pretty sure that I am not alone on this, so it is even possible that someone has already developed an AI like this and they have been enjoying the benefits for a very long time already.

It is a selfish thing to do but yes, I certainly do not share it until I reach my goal. Unfortunately, there is no such tool that really exists because even though we say that AI is an advanced technology but it wasn't built for gambling nor to stop casinos. Might this technology is very useful in other things but thinking about using this in gambling, I don't think it was on the market today, they'd rather keep it on their own if they know that it will work 100% efficiently.

One of the aspects which has in a way slow down the development of AI is that no one wants to share their findings, the algorithms behind AI are very well known and they have been around for decades, however the problem was there was not enough data to give them, but now thanks to the internet if there is something we have is data, which means that companies like Google or Facebook have a huge advantage as the way they earn money is by using and selling the information of their users.

Big tech companies who has collected a lot of data are the one ho can dominate the AI technology space but yeah there are a petition right now on slowing down the AI cutting edge development because on how fast AI project development has become. I'm sure that there are someone who tried to develop an AI that is focus on gambling but as of now we don't know where to find it or it may never been released on public. Online casino should be ready for preventing AI to be used on their casinos, They should be ready for upcoming users who will take advantage of these AI's.

So, big tech giants, right? They're swimming in data and resources, but hold up! We gotta pump the brakes on unbridled AI progress. That petition to put the brakes on AI's cutting edge? It's a wake-up call, folks – we gotta tread carefully and thoughtfully with this tech. Now, for online casinos, staying sharp and ready for sneaky AI cheats is vital. But hey, I'm feeling upbeat that the house will keep its edge, even if AI's brainpower is off the charts. Nobody beats the house, AI included. Sure, they could outsmart chess and poker, but they'd still have to wrestle with those games' inherent wild unpredictability.

[virasog]

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.

Ok let's get this straight. How can an AI bot predict a possible winner of the match? Of course, the bot will see the past data, analyze it and then predict the most probable winner.

Now the question is how the gambling sites give odds for a particular match. They also do the same thing, analyze which team is better and give fewer odds to the team they think is more strong and more favorable to win.

So in both the cases, AI and the gambling sites Odds, we cannot guarantee who will win. There is no way any prediction tool can predict the out of the match as in a match all players do not perform up to their full strength. Some players may under perform on a particular day and some may over perform and this thing cannot be taken into account by the AI. Also, there is no way the AI can predict the Upset in the match whereby the low performer team wins by showing better performance on a particular day.

[LUCKMCFLY]

Someone smart enough to develop such tool will not share it with anyone, after all if you have a piece of software which had the power of literally making money for you every day without you lifting a single finger, would you share it? I know that I wont and I am pretty sure that I am not alone on this, so it is even possible that someone has already developed an AI like this and they have been enjoying the benefits for a very long time already.

It is a selfish thing to do but yes, I certainly do not share it until I reach my goal. Unfortunately, there is no such tool that really exists because even though we say that AI is an advanced technology but it wasn't built for gambling nor to stop casinos. Might this technology is very useful in other things but thinking about using this in gambling, I don't think it was on the market today, they'd rather keep it on their own if they know that it will work 100% efficiently.

One of the aspects which has in a way slow down the development of AI is that no one wants to share their findings, the algorithms behind AI are very well known and they have been around for decades, however the problem was there was not enough data to give them, but now thanks to the internet if there is something we have is data, which means that companies like Google or Facebook have a huge advantage as the way they earn money is by using and selling the information of their users.

Big tech companies who has collected a lot of data are the one ho can dominate the AI technology space but yeah there are a petition right now on slowing down the AI cutting edge development because on how fast AI project development has become. I'm sure that there are someone who tried to develop an AI that is focus on gambling but as of now we don't know where to find it or it may never been released on public. Online casino should be ready for preventing AI to be used on their casinos, They should be ready for upcoming users who will take advantage of these AI's.

Well, eventually, when I get an AI that can beat all kinds of systems, they won't say it, nor will they say the capabilities it has to do it,it's only in those things to go Testing in the sites and if they win or not, this is something that can always be done in evidence, what I wonder is, what will the casinos do to defend themselves? an AI war?Security AI vs AI to beat games?This is something that sometimes if we start to think, a human will not have the slightest chance to play, because everything will be on another level, a level of machines where the validity of the machines will make a difference, and it is a speed that a hyuman cannot develop.

[South Park]

So, big tech giants, right? They're swimming in data and resources, but hold up! We gotta pump the brakes on unbridled AI progress. That petition to put the brakes on AI's cutting edge? It's a wake-up call, folks – we gotta tread carefully and thoughtfully with this tech. Now, for online casinos, staying sharp and ready for sneaky AI cheats is vital. But hey, I'm feeling upbeat that the house will keep its edge, even if AI's brainpower is off the charts. Nobody beats the house, AI included. Sure, they could outsmart chess and poker, but they'd still have to wrestle with those games' inherent wild unpredictability.

As far as I know AI is already better than humans when playing a game like poker, which as we know is a combination of both luck and skill, then it is not unlikely that during the next years or decades an AI could appear which can beat casinos when it comes to sport bets, and while problematic this will not be the end of casinos as they can always find a way to mitigate the effects of an AI like that, just as they have mitigated other winning strategies which have appeared on the past.

[klidex]

So, big tech giants, right? They're swimming in data and resources, but hold up! We gotta pump the brakes on unbridled AI progress. That petition to put the brakes on AI's cutting edge? It's a wake-up call, folks – we gotta tread carefully and thoughtfully with this tech. Now, for online casinos, staying sharp and ready for sneaky AI cheats is vital. But hey, I'm feeling upbeat that the house will keep its edge, even if AI's brainpower is off the charts. Nobody beats the house, AI included. Sure, they could outsmart chess and poker, but they'd still have to wrestle with those games' inherent wild unpredictability.

As far as I know AI is already better than humans when playing a game like poker, which as we know is a combination of both luck and skill, then it is not unlikely that during the next years or decades an AI could appear which can beat casinos when it comes to sport bets, and while problematic this will not be the end of casinos as they can always find a way to mitigate the effects of an AI like that, just as they have mitigated other winning strategies which have appeared on the past.

Actually, if this AI is always developed in the future, it certainly has the potential to beat the casino.
Because this AI was created using the skills of the human brain which has the potential to predict correctly in the future even though casinos always have ways to prevent this AI but smart humans also have many ways to beat casinos.
As we know, the arbitrage strategy was invented by humans and gamblers have the opportunity to win from the casino.
So AI in the future still has a place to beat the casino.

[LUCKMCFLY]

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.

It is that I see that it is very difficult to do something like this, first the AI has to do it in times that a human cannot, maybe that way they can realize that it is an AI, but otherwise they cannot make many changes in their TOS because that would apply to those normal players who do not use AI bots,and if it is difficult to win normally as a human, if they put rules against AI the chances of humans are much lower and that can result in no one playing in that casino,then this This steel mill is in Imminent bankruptcy.

[nakamura12]

It is that I see that it is very difficult to do something like this, first the AI has to do it in times that a human cannot, maybe that way they can realize that it is an AI, but otherwise they cannot make many changes in their TOS because that would apply to those normal players who do not use AI bots,and if it is difficult to win normally as a human, if they put rules against AI the chances of humans are much lower and that can result in no one playing in that casino,then this This steel mill is in Imminent bankruptcy.

You are right and that's a possibility where the casino will be bankrupt if there's no players on their casino. If it's just a bot that will only make your bets automatically then I don't see any problem with it unless it is like it can predict the next result. If someone can make an AI where it can show next result then the casino would also get bankrupt. If they update their TOS then they should be clear about it where some AI is accepted like using normal bots then I think there will be a chance for not getting into bankruptcy.

[tusandii]

You are right and that's a possibility where the casino will be bankrupt if there's no players on their casino. If it's just a bot that will only make your bets automatically then I don't see any problem with it unless it is like it can predict the next result. If someone can make an AI where it can show next result then the casino would also get bankrupt. If they update their TOS then they should be clear about it where some AI is accepted like using normal bots then I think there will be a chance for not getting into bankruptcy.

It's not that easy for a casino to go bankrupt just because gamblers use bots or AI to make predictions on a bet.
Casino is a business with a large enough turnover of money in it so they will also use an artificial system or technology that is able to overcome the movement of gamblers who use AI.
Moreover, if the casino suffers a loss due to the use of AI by gamblers, I make sure that the casino makes rules where gamblers are prohibited from using AI.
AI is artificial intelligence so casinos can also pay someone who is skilled to create other intelligence that is superior to Al to keep casinos away from gamblers who are at great risk of giving losses to casinos.

[nakamura12]

It's not that easy for a casino to go bankrupt just because gamblers use bots or AI to make predictions on a bet.
Casino is a business with a large enough turnover of money in it so they will also use an artificial system or technology that is able to overcome the movement of gamblers who use AI.
Moreover, if the casino suffers a loss due to the use of AI by gamblers, I make sure that the casino makes rules where gamblers are prohibited from using AI.
AI is artificial intelligence so casinos can also pay someone who is skilled to create other intelligence that is superior to Al to keep casinos away from gamblers who are at great risk of giving losses to casinos.

So you're saying that it will become a battle of AI?. What if the gamblers will create AI that are more superior to AI that the casino have?. I am sure they will prohibit gamblers to use AI and the gamblers who gamble to double or triple their money will surely stop gambling which means the casino's gambler are decreasing. If the gamblers cause a lot of losses then they will file a bankruptcy. That's why I said a casino getting into bankruptcy is a POSSIBILITY and I am not saying that the lose some funds then they will get bankrupt.

[Fortify]

We are seeing more and more projects that are almost 100% built on Artificial Intelligence, like ChatGPT. Here are a few experiments that are linked between ChatGPT and gambling....

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?

Potentially if we get up to a stage where AI has up to the minute sports statistics available on all the different elements of football (one of the biggest sports attracting bets) then there is a chance it could potentially find value in comparison to the solutions that sport betting companies use. The best sport betting companies will already be using something at a similar level to this AI tech, but a few might get knocked out by arbitrage taking place if they're not at the cutting edge. It only takes a few points over many different bets that turn out correct by enough people for them to turn unsuccessful. However they have a lot of money to keep up and will most likely stay far ahead of even the most tech savvy people placing bets.