How succesful will AI projects be to win the house?

[QueenVera]

In theory using an AI is good to remove human error and emotion on your bets to minimize risk of losing nut I don’t see the sense of using it on gambling because all gambling games is based on luck while using AI doesn’t increase your winning chance rate but just decrease your chance of error due to emotion. Also using an AI defeats the purpose of you playing gambling which is for a source of fun.

There’s no AI can defeat a house unless somehow they can analyze the algorithm of the casino for giving a result then this is a possible concept.

I agree with you, because the use of AI waa to enhance the human ability in various aspect of life and it would only reduce the risk of making numerous errors and give gamblers a better chance having a successful bet, but it's not still going to guarantee a 100% success in gambling activities, because there no current strategies that guarantee a compulsory success in gambling and the thing is that most gambling site would not tolerate using AI to stand a better chance of winning because the gambling site is a business and they won't want to be on the losing side.
 Winning the house means losing money and no business man would glady sit back and watch their business crumble because of a certain unfair strategy that's considered as cheating, they'll always come up with strategies to fight against unfair betting and make sure every gambler using there platforms bet fairly also most online casinos and gambling platforms have adopted the use of advanced technologies to secure their platforms against the use of AI in winning.

[danadc]

In the context of gambling, while AI can calculate historical data and stories to make preditions, the outcome of ganes of chance is inherently uncertain. Even with advanced maths and machine learning techniques, there is always a degree of uncertainty and randomnes involved. So overall, AI can certainly improve the odds or help make decisions, but it cannot eliminate the risk altogether.

You are right. I always used to say that the AI can just be very careful, like knowing how to minimise the risk of losing more money, but having to know the right odds that give a successful win is something that's nearly impossible. If AI has a better means to create more winning opportunities for gamblers in the house, then I think that casinos will not allow AI to be used again. Some gamblers have the challenge of chasing losses and gambling with their emotions, but the AI can only do that part and would not let the gambler have more losses.

That is what casinos should be very careful about, we do not know how many AI robots are being trained, and when they can put them in a casino, but this is something that is very difficult to predict, I am not saying anything that an AI can predict matches of sports, because it is an information that is there and it is easier, but to get into the casino game and see how it is that you can beat the algorithm of the game I do not see it as possible , I see it as too difficult, at the moment I see it impossible, but as the AI progresses and continues to improve, there will come a time when they will find what they are looking for and that is When the problems will Begin.

[Webetcoins]

The AI must be seen as a help tool for any Process, to be able to finish a task or perhaps to advise on a process, this is what I see the AI as a means of being able to have the Best Option to earn money but as I have Said, a help Tool is Sufficient.

The limitation with AI is complemented by human efforts most especially in casino that requires change of choice and prediction while the game is live and that is something that AI alone won't be enough to handle that since its inscription is to act according to the code,  more also we need to differentiate between the success rate of AI in trading vs gambling since gambling have a system have an anti third-party bot such as AI won't gain any success in casino just as it did in trading.

But also AI may have a negative result and outcome on the player since it may not give them the chance to make a change along the line and if that feature is missing the tendency to record losses in games and bets will be high.

Better if it goes that way. All things must have their own limitations so that it won't cause a harm to us humans. AI might be successful in terms of other aspects but to give us a consistent profit if we are a trader and a gambler, I doubt it. Many gambling sites can allow AI because it's a new and trendy thing but of course as long as it was still fair. Casino would have a detection if the AI is already doing an exploit in their system.

The same thing can go in the trading platforms. We can always make changes and we must do it once the result we get is unpleasant. We shouldn't wait before we incur more losses. We can't totally depend it all in the AI so manual executions might still give us a better outcome.

[LUCKMCFLY]

The AI must be seen as a help tool for any Process, to be able to finish a task or perhaps to advise on a process, this is what I see the AI as a means of being able to have the Best Option to earn money but as I have Said, a help Tool is Sufficient.

The limitation with AI is complemented by human efforts most especially in casino that requires change of choice and prediction while the game is live and that is something that AI alone won't be enough to handle that since its inscription is to act according to the code,  more also we need to differentiate between the success rate of AI in trading vs gambling since gambling have a system have an anti third-party bot such as AI won't gain any success in casino just as it did in trading.

But also AI may have a negative result and outcome on the player since it may not give them the chance to make a change along the line and if that feature is missing the tendency to record losses in games and bets will be high.

Better if it goes that way. All things must have their own limitations so that it won't cause a harm to us humans. AI might be successful in terms of other aspects but to give us a consistent profit if we are a trader and a gambler, I doubt it. Many gambling sites can allow AI because it's a new and trendy thing but of course as long as it was still fair. Casino would have a detection if the AI is already doing an exploit in their system.

The same thing can go in the trading platforms. We can always make changes and we must do it once the result we get is unpleasant. We shouldn't wait before we incur more losses. We can't totally depend it all in the AI so manual executions might still give us a better outcome.

Yes, there is no doubt about that, but in some way I don't know if you have noticed it, but in science fiction movies, currently they are no longer so science fiction, some have always simulated AI that talks to a human being and has information about absolutely everything, that is almost a fact up to now, well not with the exactness that we believe but it is headed there, in fact there have been current AIs that have pretended to have control over humanity and have exterminated it in a simulation talotal environment, where the AI even makes a request, that they forgive it for having exterminated humanity, and that is something impressive, then it means that this AI thing, if not controlled, can be a weapon for ourselves, in fact we cannot marvel so much at the advances that we can have if it is going to harm us later, because an AI with a conscience will realize that the human being will always have some things to do, consume, natural resources, there is pollution, among other things.

This type of thing does not speak well of us as humans, due to pollution, in fact global warming and a series of things such as wars over the years, some countries are still at war, as at this point already we shouldn't be in wars, so as far as I'm concerned, I think that a very well developed AI would tear apart any casino that doesn't have AI-based security, technology in this aspect will always go further, never backwards, in fact an AI will help to make a more powerful AI in the design of it.

All these events are possible and can happen, we should not rule out this type of thing because they are possible, and as long as they are possible we must set certain limits, there will be people who are aware and will set them, but others will not, others will not care if the world is in danger, so that type of knowledge focused on AI is what we must take care of, I know that it goes beyond a casino or defeating it, but it is the most feasible reality.

[jordanw21]

I think that AI can beat LIVE-SLOTS such as Crazy Time, Monopoly. I prefer to think that Evo's software is rigged. Because how Evo can get a 26% revenue increase with only 6% house of edge (in average).

So to beat Crazy Time, good AI should:

1) Analyze millions of rounds and find any correlations between:
-number of players and pay-outs
-the size of winning bets at bonuses and pay-outs
-time and pay-outs
-hosts and pay-outs (as I think that Evo like to test new hosts on extremely bad sessions for players)
2) Detect when the session is terrible and how long it will last
3) Build different betting strategies to optimize budget and winnings. (can be done by doing simulation, I think good result will be extra $20 dollars per each $100 spent in a 100 rounds).

[ethereumhunter]

That is what casinos should be very careful about, we do not know how many AI robots are being trained, and when they can put them in a casino, but this is something that is very difficult to predict, I am not saying anything that an AI can predict matches of sports, because it is an information that is there and it is easier, but to get into the casino game and see how it is that you can beat the algorithm of the game I do not see it as possible , I see it as too difficult, at the moment I see it impossible, but as the AI progresses and continues to improve, there will come a time when they will find what they are looking for and that is When the problems will Begin.

What is certain is that we don't know how AI can beat casinos with all its advanced technology. But don't worry. The casino will not let AI technology take over all the profits that should belong to the casino. And the casinos have prepared for this by hiring developers trying to figure out how to beat AI technology. And later, we will see the battle between AI technology used by gamblers and AI technology used by casinos. And we will also see which AI technology can beat the others and when AI technology loses, they will continue to update their technology so that one day, they can win.

[Mr. Magkaisa]

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?

     -     No matter how many times we may do experimental things like this, for sure in the end the winner will still be the house edge. When it is said that AI can beat the house in a casino, why would the casino allow that to happen if the gambling platform knows that they will be cheated because of AI? Do we think that a casino will still be allowed?

Of course, a casino won't tolerate that, I've tried it, yes at the beginning of the experiment it can happen but not forever because the house edge will see it and that's what I'm sure of.

[LUCKMCFLY]

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?

     -     No matter how many times we may do experimental things like this, for sure in the end the winner will still be the house edge. When it is said that AI can beat the house in a casino, why would the casino allow that to happen if the gambling platform knows that they will be cheated because of AI? Do we think that a casino will still be allowed?

Of course, a casino won't tolerate that, I've tried it, yes at the beginning of the experiment it can happen but not forever because the house edge will see it and that's what I'm sure of.

Those who have Experienced hope that this is the case, the truth is that I would not dare to do something like this for now, even if the AI is very advanced, it is very likely that the casino will determine it and the casino account will be banned, and that is something that I wouldn't like it, besides it would feel a little embarrassing, apart from everything it's seen as cheating, and it's not so good from the point of view that the fun goes away , he will only concentrate on obtaining favorable numbers without it being done the slightest effort, since the effort will be made by the robot, even so there are many factors that for now cannot be given, the systems that are merely random algorithms will not allow a good job to be done, this means that when we have many ways to play, the one with the AI will be the most reliable? I think not, the AI will look for the most intelligent result to optimize many shots or many bets, this is what I think can happen.

The AI that can work is the one that predicts the movements of Sports betting, even so, if I think that this can happen, I think that the main thing here is the number of things that an AI can determine according to what it has saved and how a AI has so much Information , it may be able to make predictions based on many probabilities and statistics, there is no other way , I think it is the most likely, and if the casino has the option of sports betting, it is what I see as the most viable to use, but integrating an AI into our user in the casino is something that I don't see well, because the system will Immediately detect that it is a Robot , due to many Factors , speed , among Others.

If an AI can determine a good prediction of a sporting event, it is how I see more confidence and even one as a player can help oneself, in part it is not like Cheating , it is seeing something that in Reality will not give 100% effectiveness, perhaps Something more certainty or it would be interesting to see how are the Probabilities given by the robot Based on the mathematical tools that if it will use without having any error , it would be a Help Tool.

[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?

There's no doubt that some people will find ways to harness AI to help build them winning strategies in places like a sportsbook. However you need to remember that there are also large teams of staff at many bookmakers who are analyzing data as well and trying to use the same AI system to counter this strategy before they lose too much. They'll also have automated algorithms that will seek to identify and slow down the strategy of heavily winning players, that is if they don't limit their activity altogether with a low cap like $100 a day. There may be a small window where players will get the upper hand thanks to this technology, but it will eventually be shut down - so if you find it then maximize your returns now.

[SamReomo]

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?

There's no doubt that some people will find ways to harness AI to help build them winning strategies in places like a sportsbook. However you need to remember that there are also large teams of staff at many bookmakers who are analyzing data as well and trying to use the same AI system to counter this strategy before they lose too much. They'll also have automated algorithms that will seek to identify and slow down the strategy of heavily winning players, that is if they don't limit their activity altogether with a low cap like $100 a day. There may be a small window where players will get the upper hand thanks to this technology, but it will eventually be shut down - so if you find it then maximize your returns now.

I don't believe that AI would give any advantage in sportsbook because in that area AI is almost useless. If a programmer manages to create an AI that would work based on the winning odds of a sports match then that would be another case, but most probably such AI systems can be a huge failure. That's a truth that most of casinos will always try their best to make algorithms that would check for players who are doing something suspicious to take advantage of a casino, and if out of no where the algorithm finds such users then the casino would penalize such players for sure. The casino's won't pose limits on players who win fairly, but the ones who get help from AI bots may get some kind of penalty. However, if a player really get his hand of a piece of software that may increase his win rate then he will surely make that software in a way that none of the algorithms could detect it.

[tusandii]

-snip-

     -     No matter how many times we may do experimental things like this, for sure in the end the winner will still be the house edge. When it is said that AI can beat the house in a casino, why would the casino allow that to happen if the gambling platform knows that they will be cheated because of AI? Do we think that a casino will still be allowed?

Of course, a casino won't tolerate that, I've tried it, yes at the beginning of the experiment it can happen but not forever because the house edge will see it and that's what I'm sure of.

That's right, and whatever efforts are made by gamblers, the house edge can always be anticipated so that gamblers still find it difficult to win because the house edge is always ahead of the gamblers.
There is a little story that I actually witnessed firsthand where a few days ago my friend tried to use Al in a local betting site because he thought the local betting sites were easier to beat with Al because he is also a programmer and has the skills good enough in the software system, at the beginning he managed to get at least 3 wins but after that he continued until a few hours had passed only defeats he got even to return 10% of the losses he couldn't take it anymore.
From here I really think that there is real evidence in front of my own eyes that Al is a breakthrough in artificial intelligence but it is still not perfect and cannot be relied upon as expected.
And from this incident I concluded that Al might be able to help but in the future it is very likely that Al can also make things worse.

[mak013]

The ChatGPT is just an example i think. There is no big problem to create another AI with another algorithm. I told before that tried to bet using the AI recommendations and increased winrate. But there are different kinds of gambling and we can use AI only in part of them. Sport bets are easy enough for AI, some games like poker can use AI. But casino games with randomizer will be always unpredictable.

I have had the opportunity to play chess on a very famous page, but there are some players who have been playing with an AI for a long time, the truth is that it seemed strange to me, because I did not win again, and that frustrated me, but of course competing against a AI is something that is not fair to us as humans, nor do I think it is to anyone, no matter how good it is in sports, because it is like playing dirty, we must play with our abilities and increase them, I do not deny that I have also come across with human persons and the practice of the game is something else, but if you are already at it, in casinos it is a fact that will happen.

I'm sure many players will test the AI they develop during training to see if it works in casinos, but it's very difficult to develop something truly effective while continuing to refine it.

I have been watching some videos regarding the AI and it is incredible, but apparently the AI experts do not Stop working and developing, when you have done some of the AI training you can sense that they can do great things , Of course , I don't know how prepared they are when it comes to gambling , but that is something that can go a Long Way.

I think that the most times in casino we play against the AI. The problem that AI trains very fast nowadays and we can`t ignore this fact. The gamblers need something to equal their chances with the casino and they will use AI too. So, the result would be that both side will gambler AI with the help of the people. I don`t think that it would be interesting, but the gamblers, who want to get profit would choose AI.

[ScamViruS]

I think that the most times in casino we play against the AI. The problem that AI trains very fast nowadays and we can`t ignore this fact. The gamblers need something to equal their chances with the casino and they will use AI too. So, the result would be that both side will gambler AI with the help of the people. I don`t think that it would be interesting, but the gamblers, who want to get profit would choose AI.

Casinos are using AI maybe against gamblers, AI is smart enough so it is difficult for a gambler to profit against AI. Now if a gambler wants to gamble using AI then it will become really difficult for a gambler because the experience of using AI properly is also important to get good results. However, I feel that using AI in gambling will greatly reduce the real feel of gambling, as people who gamble for entertainment will not have much interest in using AI to gamble.

[Wiwo]

I think that the most times in casino we play against the AI. The problem that AI trains very fast nowadays and we can`t ignore this fact. The gamblers need something to equal their chances with the casino and they will use AI too. So, the result would be that both side will gambler AI with the help of the people. I don`t think that it would be interesting, but the gamblers, who want to get profit would choose AI.

Casinos are using AI maybe against gamblers, AI is smart enough so it is difficult for a gambler to profit against AI. Now if a gambler wants to gamble using AI then it will become really difficult for a gambler because the experience of using AI properly is also important to get good results. However, I feel that using AI in gambling will greatly reduce the real feel of gambling, as people who gamble for entertainment will not have much interest in using AI to gamble.

Yes the the casino already have tons of bots working on their system and their will even go as far as employing AI service to battle against the gambler,  this is why the casino is always at an advantage over the gambler and this is because of those system their already have in place to aid their interest.

AI development has grown so well in recetimesime and we have AI that can perform a lot responsibilitiesity that may be way hard for a human to attain,  but nonetheless,  AI still needs human contribution to make its operation perfect and effective.

[serjent05]

I think that the most times in casino we play against the AI. The problem that AI trains very fast nowadays and we can`t ignore this fact. The gamblers need something to equal their chances with the casino and they will use AI too. So, the result would be that both side will gambler AI with the help of the people. I don`t think that it would be interesting, but the gamblers, who want to get profit would choose AI.

Casinos are using AI maybe against gamblers, AI is smart enough so it is difficult for a gambler to profit against AI. Now if a gambler wants to gamble using AI then it will become really difficult for a gambler because the experience of using AI properly is also important to get good results. However, I feel that using AI in gambling will greatly reduce the real feel of gambling, as people who gamble for entertainment will not have much interest in using AI to gamble.

Yes the the casino already have tons of bots working on their system and their will even go as far as employing AI service to battle against the gambler,  this is why the casino is always at an advantage over the gambler and this is because of those system their already have in place to aid their interest.

AI development has grown so well in recetimesime and we have AI that can perform a lot responsibilitiesity that may be way hard for a human to attain,  but nonetheless,  AI still needs human contribution to make its operation perfect and effective.

Though I still wonder how can an AI help the casino to have a higher percentage of winning than the gambler aside from their house edge.  We all know that luck-based game result is randon,  If it is to be tampered with AI then the casino is cheating to its player. 

AI can be a good data profiler, percentage analyst, and anything that have something to do with data analysis. But I do not think that it can tamper the result of any Luck-based game unless it is intended to but if that happens, the casino is cheating since they are modifying gambling result with the helo if AI.

Same goes with the player, as long as AI do not have access to the game system, it will never be successful in helping a player to win against the house.

[ScamViruS]

I think that the most times in casino we play against the AI. The problem that AI trains very fast nowadays and we can`t ignore this fact. The gamblers need something to equal their chances with the casino and they will use AI too. So, the result would be that both side will gambler AI with the help of the people. I don`t think that it would be interesting, but the gamblers, who want to get profit would choose AI.

Casinos are using AI maybe against gamblers, AI is smart enough so it is difficult for a gambler to profit against AI. Now if a gambler wants to gamble using AI then it will become really difficult for a gambler because the experience of using AI properly is also important to get good results. However, I feel that using AI in gambling will greatly reduce the real feel of gambling, as people who gamble for entertainment will not have much interest in using AI to gamble.

Yes the the casino already have tons of bots working on their system and their will even go as far as employing AI service to battle against the gambler,  this is why the casino is always at an advantage over the gambler and this is because of those system their already have in place to aid their interest.

AI development has grown so well in recetimesime and we have AI that can perform a lot responsibilitiesity that may be way hard for a human to attain,  but nonetheless,  AI still needs human contribution to make its operation perfect and effective.

If the casinos focus more on generating their revenue by using AI then they will reduce the interest of the gambler, a gambler always wants a transparent casino where gambling can give a satisfaction. So even casinos that are getting more interested in AI have to think that at some point they will start losing users because they are giving gamblers a hard time using AI.

But I also think that the gambling community will not be silent, they will also develop something more advanced, then maybe the casino will have to face a hard time, and then again the casinos can cancel the withdrawal of gamblers with various excuses that they have won using AI.

[CryptoHeadlineNews]

I think that the most times in casino we play against the AI. The problem that AI trains very fast nowadays and we can`t ignore this fact. The gamblers need something to equal their chances with the casino and they will use AI too. So, the result would be that both side will gambler AI with the help of the people. I don`t think that it would be interesting, but the gamblers, who want to get profit would choose AI.

Casinos are using AI maybe against gamblers, AI is smart enough so it is difficult for a gambler to profit against AI. Now if a gambler wants to gamble using AI then it will become really difficult for a gambler because the experience of using AI properly is also important to get good results. However, I feel that using AI in gambling will greatly reduce the real feel of gambling, as people who gamble for entertainment will not have much interest in using AI to gamble.

Yes the the casino already have tons of bots working on their system and their will even go as far as employing AI service to battle against the gambler,  this is why the casino is always at an advantage over the gambler and this is because of those system their already have in place to aid their interest.

AI development has grown so well in recetimesime and we have AI that can perform a lot responsibilitiesity that may be way hard for a human to attain,  but nonetheless,  AI still needs human contribution to make its operation perfect and effective.

Yes, I agree with both of you about how the use of A.I have become very prominent this days, but let's not forget the fact that at all times, a gambler only has 1% chance of winning a game, while the casino has 99% chance too of winning every game ever play, which is the reason why the casino house is always at the winning side and will continue being on the winning side. Because when it comes to the use of A.I, it will only perform base on the level of information at it's disposal and nothing more, and likewise bot too, making gambling mostly centered on luck.

[PX-Z]

There's no doubt that some people will find ways to harness AI to help build them winning strategies in places like a sportsbook.

I doubt AI can give any effective strategies to bet for the future result of any fights/games, though they can give insights of their previous games and fights. A lower odds games with a huge potential to win for both team/fighters will be difficult to choose

[khaled0111]

I don't believe that AI would give any advantage in sportsbook because in that area AI is almost useless. If a programmer manages to create an AI that would work based on the winning odds of a sports match then that would be another case, but most probably such AI systems can be a huge failure. That's a truth that most of casinos will always try their best to make algorithms that would check for players who are doing something suspicious to take advantage of a casino, and if out of no where the algorithm finds such users then the casino would penalize such players for sure. M

It seems like some members are over-estimating the potential of AI systems and believe they can predict the future or make some miracles happen. It reminds me of how some others were talking about quantum computers.
AI can help in decision making and can give us some insights that we could have overlooked but in no way it can predict the result of a match or fight with total certainty.
And as I said in another thread, if gamblers are going to use this technology to help them then casinos and odds providers will use it too, maybe will even use more advanced algorithms, to set the proper odds.

[Fivestar4everMVP]

There's no doubt that some people will find ways to harness AI to help build them winning strategies in places like a sportsbook.

I doubt AI can give any effective strategies to bet for the future result of any fights/games, though they can give insights of their previous games and fights. A lower odds games with a huge potential to win for both team/fighters will be difficult to choose

You are very right and I completely agree with you bud, I think several gamblers are actually over estimating what Ai can do, i have said it times without number that Ai technology is still very young, and I don't see it being able to provide any effective gambling strategy or strategies any time soon, if this is ever going to happen, it will take years and years of developments and upgrades, and as for sports betting, Ai can be or can provide really good insights just as you have said, it can also bring up some really good predictions based on the match history of both teams playing, but then, the final decision to make will always be in the hands of the bettor, and i also think it will be a foolish thing to believe that Ai can be depended upon for an always effective and correct match predictions, No no, it is important to have it in mind that, there are times most or some of the predictions will be wrong, so better to always do our own research before making any final decision.