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Author Topic: How succesful will AI projects be to win the house?  (Read 3046 times)
qwertyup23
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June 03, 2023, 06:46:13 PM
 #341

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?

You have to understand that the extent of AI in helping on decision making on gambling companies go with providing data with regard to past games and history. At the end of the day, AI is only there to help and support us to provide tools in order to collate data efficiently.

Accordingly, if you want to integrate AI to your gambling decisions, use it as a supplementary tool in helping you research and gather data for better results. You still may want to consider your own decision and use AI as a means of secondary assistance. The ultimate choice must still come from you as the person deciding for the odds.
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June 03, 2023, 06:55:24 PM
 #342

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?

You have to understand that the extent of AI in helping on decision making on gambling companies go with providing data with regard to past games and history. At the end of the day, AI is only there to help and support us to provide tools in order to collate data efficiently.

Accordingly, if you want to integrate AI into your gambling decisions, use it as a supplementary tool in helping you research and gather data for better results. You still may want to consider your own decision and use AI as a means of secondary assistance. The ultimate choice must still come from you as the person deciding against the odds.
The extent to which AI will impact the gaming industry is not far from what qwertyup23 said that it helps the team gather data and analyse past history to predict what the inserted word will be, but in regards to AI's effect on the game outcome,  in favour of the players, it becomes impossible to say AI could help players beating the house which could be seen as cheating if it is caught using Artificial bot to play against the house even though there is a high chance of AI making wrong gaming decision that could affect the outcome and making it users lose.
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June 03, 2023, 07:01:46 PM
 #343

People had been using AI to scam people and we just need to be very careful and know what we are doing. There different between AI and human predictions in gambling is because of the computer ability to accumulate data that will be use in decision making to make work easier. Artificial intelligence will make work easier but with it own detriments.
If there is something trending in the market then many people misuse it in many ways to cheat people. AI is now something like that. Gambling the way people want to play and get the thrill of it, that thrill cannot be obtained by predicting it using AI. AI can make a prediction just by analyzing the data but there is no guarantee that it will be successful. Some groups have been scamming people in various ways since before the advent of AI, and they are now using AI to carry out their operations. So if there is any trending product in the market, some people are interested in misusing it rather than using it in a good way.

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June 03, 2023, 07:04:10 PM
 #344

I don't think AI can work well the prediction of games. Someone said here some time ago that he has used AI to predict and he loss the games. Bot can not predict game accurately because the IQ with human are not the same. AI can oy make a random prediction and yet fail all. One thing people don't understand about this AI is that AI is meant for text and image which has been already program and not live action. If you give life action to AI to give you the right answer, it will be a very big problem. Why human being predicts correctly because they see the actions going on nd know what is happening. So the future of casinos is not lied on AI.

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June 03, 2023, 11:06:28 PM
 #345

I don't think AI can work well the prediction of games. Someone said here some time ago that he has used AI to predict and he loss the games. Bot can not predict game accurately because the IQ with human are not the same. AI can oy make a random prediction and yet fail all. One thing people don't understand about this AI is that AI is meant for text and image which has been already program and not live action. If you give life action to AI to give you the right answer, it will be a very big problem. Why human being predicts correctly because they see the actions going on nd know what is happening. So the future of casinos is not lied on AI.

I also think the same, even chatbot states that they are not capable of predicting gambling outcomes, they can only suggest the probability but it does not mean that it can beat the games.  I also try AI while playing a demo poker game, it only gives suggestions and I tried to not follow it from time to time and it gives a different outcome.  Sometimes not following the AI suggestion gives a winnings and sometimes following AI suggestion ends up in a loss.  I think the random result in gambling makes AI ineffective in figuring the outcome of the game.

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jostorres
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June 04, 2023, 04:12:49 AM
 #346

AI are smarter than humans, that's big advantage for AI in gambling than we humans, we have emotions and feelings, AI have none, so it's easier to say that AI can easily make the right calls and this will increase the chance of winning in gambling, it's possible.

But I still have my doubt, AI makes those calling base of calculations and data (history) but this isn't the way with many online casino games, data is a no, calculation is available on very limited numbers of games, the majority of online casino games are pure game of luck, I still wonder how AI will perform here, unless it has a way to get into the casino games data and make predictions on data.
Well, if there is an AI developed specifically for the purpose of gambling and betting if we use it for games where there are no calculations or predictions or anything required, it wouldn't really do much or won't even have anything to do except for setting the bet amount and choosing an outcome and wait for the results because the outcome will totally be dependent on luck.

And if it's used for a game that might require calculations, some intellect, and even mind-reading, it might be able to perform some of these things but I don't think that it can be as good as a human when it comes to gambling.

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June 04, 2023, 04:25:54 AM
 #347

I don't think AI can work well the prediction of games. Someone said here some time ago that he has used AI to predict and he loss the games. Bot can not predict game accurately because the IQ with human are not the same. AI can oy make a random prediction and yet fail all. One thing people don't understand about this AI is that AI is meant for text and image which has been already program and not live action. If you give life action to AI to give you the right answer, it will be a very big problem. Why human being predicts correctly because they see the actions going on nd know what is happening. So the future of casinos is not lied on AI.

I also think the same, even chatbot states that they are not capable of predicting gambling outcomes, they can only suggest the probability but it does not mean that it can beat the games.  I also try AI while playing a demo poker game, it only gives suggestions and I tried to not follow it from time to time and it gives a different outcome.  Sometimes not following the AI suggestion gives a winnings and sometimes following AI suggestion ends up in a loss.  I think the random result in gambling makes AI ineffective in figuring the outcome of the game.
It has now been proven that indeed Al is unable to win the bet or beat the house edge.
I laugh with those who overestimate Al as the intelligence to win the gamble.
Maybe Al is indeed smart because he can provide a lot of information that we need, but Al is not designed to win gambling so now we have an understanding that not all intelligent technology can be used in all things, including gambling.
Learning to be able to gamble is more important and useful than relying on an artificial intelligence technology.

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June 04, 2023, 02:44:07 PM
 #348

I don't think AI can beat the house, it's just a program and AFAIK casinos don't allow their gamblers to use such robots or bots, so AI is fall in this category. If you're really on AI to beat the house and you can make an easy money, you're wrong because gambling is full of luck. If the result isn't like your expectation, you will be angry and you're want to recover your losses, in the end you will lose all of your money.

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June 04, 2023, 09:24:10 PM
 #349

I don't think AI can beat the house, it's just a program and AFAIK casinos don't allow their gamblers to use such robots or bots, so AI is fall in this category. If you're really on AI to beat the house and you can make an easy money, you're wrong because gambling is full of luck. If the result isn't like your expectation, you will be angry and you're want to recover your losses, in the end you will lose all of your money.

and do remember that before anyone can deploy the use of AI to these casinos, casinos for sure already did their due diligence on how to counter this tech. do we really think that casinos would just let AI ruin their business? i don't think so. so definitely, they are also on the look out on how the AI tech is progressing these days. and how they can stop from anyone in trying this to their site? do take note that if the account is having suspicious activities, they always flag it down, what more if the AI is doing the job for them, so for sure, the site will place their security measures on this regard.

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June 04, 2023, 10:17:43 PM
 #350

I don't think AI can beat the house, it's just a program and AFAIK casinos don't allow their gamblers to use such robots or bots, so AI is fall in this category. If you're really on AI to beat the house and you can make an easy money, you're wrong because gambling is full of luck. If the result isn't like your expectation, you will be angry and you're want to recover your losses, in the end you will lose all of your money.

and do remember that before anyone can deploy the use of AI to these casinos, casinos for sure already did their due diligence on how to counter this tech. do we really think that casinos would just let AI ruin their business? i don't think so. so definitely, they are also on the look out on how the AI tech is progressing these days. and how they can stop from anyone in trying this to their site? do take note that if the account is having suspicious activities, they always flag it down, what more if the AI is doing the job for them, so for sure, the site will place their security measures on this regard.

But the time will come where nothing can be done anymore because the AI will dominate these games and yes, it will be able to beat the house, we have to see how the casinos will act when this happens, when there are many players where they play and win, withdraw large amounts is where the casinos will manifest the alert, that is something that could happen and I don't know what will happen to those who want that robot, but the casinos should already have that in mind and the security systems are highly activated for that, the casino owners They must already be on that topic ahead of time and not be taken by surprise.
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June 04, 2023, 10:26:45 PM
 #351

I don't think AI can beat the house, it's just a program and AFAIK casinos don't allow their gamblers to use such robots or bots, so AI is fall in this category. If you're really on AI to beat the house and you can make an easy money, you're wrong because gambling is full of luck. If the result isn't like your expectation, you will be angry and you're want to recover your losses, in the end you will lose all of your money.

and do remember that before anyone can deploy the use of AI to these casinos, casinos for sure already did their due diligence on how to counter this tech. do we really think that casinos would just let AI ruin their business? i don't think so. so definitely, they are also on the look out on how the AI tech is progressing these days. and how they can stop from anyone in trying this to their site? do take note that if the account is having suspicious activities, they always flag it down, what more if the AI is doing the job for them, so for sure, the site will place their security measures on this regard.

But the time will come where nothing can be done anymore because the AI will dominate these games and yes, it will be able to beat the house, we have to see how the casinos will act when this happens, when there are many players where they play and win, withdraw large amounts is where the casinos will manifest the alert, that is something that could happen and I don't know what will happen to those who want that robot, but the casinos should already have that in mind and the security systems are highly activated for that, the casino owners They must already be on that topic ahead of time and not be taken by surprise.


I still can't see why AI will dominate a luck-based game.  I do not think AI will have the ability to correctly know the result of a chance-based game.  I believe that the gambling result of a chance-based game is too random for the AI to calculate and predict the result correctly.

I think AI can dominate in skill-based game since it only needs data, where AI excel, to know the better possibility of the result.  Since sports betting rely on performance, AI can easily determine which team will perform better.  So it is more likely that AI can predict the result more accurately in a skill-based game.

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June 05, 2023, 10:52:06 AM
 #352

AI are smarter than humans, that's big advantage for AI in gambling than we humans, we have emotions and feelings, AI have none, so it's easier to say that AI can easily make the right calls and this will increase the chance of winning in gambling, it's possible.

But I still have my doubt, AI makes those calling base of calculations and data (history) but this isn't the way with many online casino games, data is a no, calculation is available on very limited numbers of games, the majority of online casino games are pure game of luck, I still wonder how AI will perform here, unless it has a way to get into the casino games data and make predictions on data.
I can`t say that AI is smarter but you`re right about emotions. The AI just analyze information and after it make a prediction. Without any emotions. So the prediction depends on information we give and algorithm we program. And i think that these predictions can`t make 100% win rate but they can increase it. The main problem is to find full information for prediction and of course in sports there are situations when the game is unpredictable.

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June 05, 2023, 11:10:05 AM
 #353

I don't think AI can work well the prediction of games. Someone said here some time ago that he has used AI to predict and he loss the games. Bot can not predict game accurately because the IQ with human are not the same. AI can oy make a random prediction and yet fail all.

Let's even accept the suitability of the use of AI in gambling, we cannot assume every game or sport to work along with the suitability of the AI being applicable on some of them, especially when it comes to gambling games that needed human efforts and skills including mental reasonings to play them, the accuracy to the use of AI is not 100% effective not even to talk of when we are yet in full discovery of the technology advancement and it's application.

One thing people don't understand about this AI is that AI is meant for text and image which has been already program and not live action. If you give life action to AI to give you the right answer, it will be a very big problem. Why human being predicts correctly because they see the actions going on nd know what is happening. So the future of casinos is not lied on AI.

Many have a complete and total misconception of the use of AI and they think it can be applicable in everywhere, am not in doubt to how fast this innovation could go but still yet, there must be a clear understanding on the most appropriate areas of it application in gambling and other sectors.

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June 05, 2023, 11:10:10 AM
 #354

I don't think AI can beat the house, it's just a program and AFAIK casinos don't allow their gamblers to use such robots or bots, so AI is fall in this category. If you're really on AI to beat the house and you can make an easy money, you're wrong because gambling is full of luck. If the result isn't like your expectation, you will be angry and you're want to recover your losses, in the end you will lose all of your money.

I think that there are different ways to use AI in betting, not only through various apps or bots that are not allowed anyway. By that I mean more in consultancy way. However, AI isn't some magic that will make you reach, it's use depends on quality of data so at the end it's again all about the humans, so some experience, knowledge and of course a lot of luck. I don't think that AI can help with that.

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June 05, 2023, 04:50:05 PM
 #355

I don't think AI can beat the house, it's just a program and AFAIK casinos don't allow their gamblers to use such robots or bots, so AI is fall in this category. If you're really on AI to beat the house and you can make an easy money, you're wrong because gambling is full of luck. If the result isn't like your expectation, you will be angry and you're want to recover your losses, in the end you will lose all of your money.
AI can beat casinos, especially if casinos haven't implemented AI for their business, so there is an opportunity for gamblers to win by using AI. But if the casino has implemented AI in its business, it will be difficult for gamblers to win the game because the casino will not let the gamblers win easily using AI. And the casinos will be able to spot gamblers using AI and might even penalize them so that those gamblers can't get big wins. We have to rethink if the casino has used AI to restrain or not let the gamblers win. No matter what, the casino will not let gamblers take their money from the casino.

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June 05, 2023, 05:01:16 PM
 #356

I don't think AI can work well the prediction of games. Someone said here some time ago that he has used AI to predict and he loss the games. Bot can not predict game accurately because the IQ with human are not the same. AI can oy make a random prediction and yet fail all. One thing people don't understand about this AI is that AI is meant for text and image which has been already program and not live action. If you give life action to AI to give you the right answer, it will be a very big problem. Why human being predicts correctly because they see the actions going on nd know what is happening. So the future of casinos is not lied on AI.
You are right AI worked as programed and can not make real time changes to it decisions and gambling have to do with constant interaction between the player and the house or vs another player as the situation calls for, so in the middle of the game some changes are made that require a prompt decision from the player,  in this kind of situation AI will fail to adjusted and just followed the programmed code for its performance and at the end lead to losing.
So there is no place for AI in gambling unless where the casino decides to use some bots as their live chats.
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June 05, 2023, 09:12:40 PM
 #357

Since AI is growing gradually, it might take some time for people to see the light in AI and try to follow it. It is already known that AI might be a big problem to us in the nearest tears to come and we need to limit the kind of power we give to artificial intelligence to execute some actions for us.

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June 05, 2023, 09:30:23 PM
 #358

Using artificial intelligence I don't think that you could bring any positive things like that it is people who value it that we say is in artificial intelligence in gambling will be Best things to do, many people embrace artificial intelligence but myself I condemn the act of artificial intelligence because of the way it behaves and the way it acts.

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June 11, 2023, 09:07:58 PM
 #359

Using artificial intelligence I don't think that you could bring any positive things like that it is people who value it that we say is in artificial intelligence in gambling will be Best things to do, many people embrace artificial intelligence but myself I condemn the act of artificial intelligence because of the way it behaves and the way it acts.
The world changes. And all the rules are changing too. The AI is the reality of nowadays, so the first one who`ll use it will win(get profit in our situation). I can`t say that it is good or it is bad. We have to understand that we`ll live near the AI now. We use it everywhere. Even when youtube gives you next video - it is AI. So the gambling is just one more step.

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June 12, 2023, 09:21:10 AM
 #360

Using artificial intelligence I don't think that you could bring any positive things like that it is people who value it that we say is in artificial intelligence in gambling will be Best things to do, many people embrace artificial intelligence but myself I condemn the act of artificial intelligence because of the way it behaves and the way it acts.
The world changes. And all the rules are changing too. The AI is the reality of nowadays, so the first one who`ll use it will win(get profit in our situation). I can`t say that it is good or it is bad. We have to understand that we`ll live near the AI now. We use it everywhere. Even when youtube gives you next video - it is AI. So the gambling is just one more step.
Absolutely, dude! AI is taking over everything, even betting. It's like living in Terminator, but it's no movie! It's changing things quicker than the new iPhone! But, we gotta think about the ethics here. AI could make betting better but could also get people hooked. So, we need to make sure AI in betting doesn't forget about ethics and safe gambling. High stakes, huh?

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