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Author Topic: What is the biggest problem you think AI can fix in gambling  (Read 518 times)
rhomelmabini
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March 24, 2023, 10:14:11 AM
 #41

This should have been asked directly on an AI like ChatGPT, it could have got better answer. Well, I did it on their platform and you can check the response of the AI below, these answers are really worth noting but for the meantime I wouldn't rely on AI for anything even on gambling, it's still on early stages.


Quote
AI solutions for gambling.
What problems could AI solve on gambling

AI can potentially solve several problems related to gambling. Some examples include:

2. Identifying problem gamblers: AI can analyze player data to identify those who may be at risk of developing a gambling addiction. This can help operators intervene early and offer resources to prevent problem gambling from becoming more severe.
I doubt if AI would be able to analyze and identify problem gamblers. And supposing it is successful in it, I do not think that there is anything that gambling operators would do that they have not already done to intervene. If you check the online casino websites, they already offer resources, phone numbers, audio-visual materials help people with problem gambling people. Besides, I do not think that these casinos would go ahead to self-exclude customers who have been identified as problem gamblers. It is be fundamentally unethical.
That's what I want to emphasize but I think in the future that will be realized since it's still on infancy stage. It's not about self excluding at all but if somehow they can identify it early then that means a good thing so that it wouldn't be a problem along the way.

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March 24, 2023, 10:21:18 AM
 #42

I believe that fraud is the biggest issue that online casinos are facing after settling with the LAW to keep running their businesses, and I believe that the combination of Artificial Intelligence with human assessment will help prevent frauds.

With AI it will be more easier to eliminate frauds and set a stronger level of protection because AI is far more capable of doing the intense cross checking and and more complex security checks, it is a load of work for human to do cross checking themselves as the chance of missing a spot is possible due to tiredness or laziness. All these work load can be shifted to AI and leave the investigation cases to humans to fix.

What else do you think a gambling casino can benefit from using AI technology?

I think AI it is still in its infancy stage despite all the hype whenever I open google,facebook,Linkedin and every other social media there I see people claiming how AI helped them do their job faster.I know AI can do some jobs faster like content writing and something similar but going from there to fix problems in gambling is a big step which I hope one day we truly see AI and human assessment to give a thorough review to gambling sites in order to spot scams which are a big problem in our time.

I also think it can be used to give you all the possible results for example when you use "betting tips today for X vs Y game" and that would save sport bettors a lot of time,they would get their decision faster and who knows maybe even win their bet.The only downside to this is that you don't know what happens during the day,how the formation of the teams change,which player will not play and late minute events which can impact the betting.

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March 24, 2023, 10:26:46 AM
 #43

Checking so many documents can be delegated to AI because the scanning process that AI can carry out will help speed things up so that the verification process for each member can also be faster. In addition, during the registration process, AI can also check for the possibility of double account fraud from each customer. Maybe there are even more advantages that can be made by AI technology, especially if it has reached development after development carried out by developers.

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March 24, 2023, 10:33:53 AM
 #44

With AI it will be more easier to eliminate frauds and set a stronger level of protection because AI is far more capable of doing the intense cross checking and and more complex security checks, it is a load of work for human to do cross checking themselves as the chance of missing a spot is possible due to tiredness or laziness. All these work load can be shifted to AI and leave the investigation cases to humans to fix.

What else do you think a gambling casino can benefit from using AI technology?

I do believe that the integration of AI technology can further strengthen the security features of a gambling website. But there are still some instances where a manual checking with a representative is to be preferred. Relying completely on AI can have its certain drawbacks in which a normal operation of a person handling the business is still superior.

Personally, I would vote that AI be integrated but not on all processes. The technology of AI is still yet to be perfected as of the moment and this can at least apply supplementary rather than mainly.
AI can be of great help to prevent fraud and strengthen security so that players and the casino itself will be in a safety net. However, we can’t put all the works into AI knowing its system is still in progress. It’s still best to rely on manual operation and consider AI as a supplementary aid in order to achieve quick result. But I do believe that if AI will be more advanced in the next years, its efficacy and effectiveness will be more observed.

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March 24, 2023, 10:45:33 AM
 #45

Are you referring to fraud involving casinos themselves or fraud involving gamblers? If it is fraud involving casinos, I think a provably fair feature is good enough for customers to verify themselves whether a game result in a casino is really fair or not. If it is fraud involving gamblers, there will still be manual processes that need to be done. For example, it is necessary to conduct certain steps that AI can't simply perform like requiring KYC or coordinating with authorities. But I think AI is very helpful in initially setting off the alarms.
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March 24, 2023, 10:54:48 AM
 #46

AI can be of great help to prevent fraud and strengthen security so that players and the casino itself will be in a safety net. However, we can’t put all the works into AI knowing its system is still in progress. It’s still best to rely on manual operation and consider AI as a supplementary aid in order to achieve quick result. But I do believe that if AI will be more advanced in the next years, its efficacy and effectiveness will be more observed.

It is true that AI can process information faster and consistent. They can scan through documents to ascertain it's authenticity and so on. But it also good to note that some fraud requires common sense to be dictate. Scammers are very creative and intelligent than the can outsmart these AI by applying certain techniques. Sometimes the same people that invented these AI are the ones that will compromise it's operations.
AI can also cause delay in data processing because of slight human errors that can be easily handle by man. AI might be a very good tool to promote efficiency and protection in the gambling industries but human elements are still needed to check the operations of these machines.

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March 24, 2023, 11:12:02 AM
 #47

I have not seen one yet so it's hard to summarize what they can fix and not.
There will be problems at the initial injection of AI, which mostly happens with new features being added in one casino or sports bookie. But I do like to see a beta test or an experiment where someone would do fraud on purpose and if AI could easily pinpoint where it is.
Things that have something to do with mathematics will probably be where they can fix it easily, and inconsistent movements of gamblers with their deposits and withdrawals.
But, it will be a long road before they can perfect a running AI that would do most of the job for them. It is also prone to errors if not handled well.

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March 24, 2023, 11:14:45 AM
 #48

I believe that fraud is the biggest issue that online casinos are facing after settling with the LAW to keep running their businesses, and I believe that the combination of Artificial Intelligence with human assessment will help prevent frauds.

With AI it will be more easier to eliminate frauds and set a stronger level of protection because AI is far more capable of doing the intense cross checking and and more complex security checks, it is a load of work for human to do cross checking themselves as the chance of missing a spot is possible due to tiredness or laziness. All these work load can be shifted to AI and leave the investigation cases to humans to fix.

What else do you think a gambling casino can benefit from using AI technology?

I think AI will be used for targeted advertising for the online gambling casinos. Really seems to be the area with the highest potential of psychological abuse as the main goal of any business is to find more clients/customers.

But perhaps they will also use Artificial Intelligence for weeding out bad actors like the underaged, money launderers, cheaters, bug exploiters and so on.

On the client side of things I do not see much improvements except maybe a more comfortable and/or convenient gambling environment.

But there's no stopping the AI transformation so lets wait and see how all of this turns out, whether for better or for worse.... Undecided

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March 24, 2023, 12:14:19 PM
 #49

I believe that fraud is the biggest issue that online casinos are facing after settling with the LAW to keep running their businesses, and I believe that the combination of Artificial Intelligence with human assessment will help prevent frauds.

With AI it will be more easier to eliminate frauds and set a stronger level of protection because AI is far more capable of doing the intense cross checking and and more complex security checks, it is a load of work for human to do cross checking themselves as the chance of missing a spot is possible due to tiredness or laziness. All these work load can be shifted to AI and leave the investigation cases to humans to fix.

What else do you think a gambling casino can benefit from using AI technology?

By "fraud" you mean gamblers stealing from casinos, or the casinos stealing from the gamblers? Grin
How exactly do you imagine AI helping fraud prevention? I think that right now, the online casinos are quite secure without AI.
No AI in the world can prevent a casino from scamming the customers. Do you have any idea how AI can be used for preventing a casino from blocking accounts, refusing withdrawals and running away with the gambler's money?
I'm not an expert in this field, but I think that a good software can do really fast cross checking without necessarily being AI.
Many people, who are not-so-tech savvy have this weird perception of AI possessing godlike superpowers and solving all the problems in the world. This is hilarious.
Ponder upon this notion: AI, often seen as the all-powerful superhero of the tech realm, is believed to resolve any issue we face. Yet, truthfully, AI is but an instrument enhancing our lives and addressing select problems. The genuine champions in technology are the creators and users of these tools, holding the keys to transformation and global impact. Instead of AI reliance, we ought to sharpen our skills and intellect for a better world. But let's not dismiss the amusement AI can bring – imagine AI-infused slot machines sharing witty jokes as we place our bets. Now that's a comical vision!

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Eureka_07
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March 24, 2023, 12:52:33 PM
 #50

<snip>
You have mentioned that AI are more capable of cross-checking than humans. Well yes, they probably are, but currently, AI has limitations, they might give an answer which is not what you're really looking for. Humans, on the other hand, can assess better than the AI. It's like AI do the quantity and fast work while people do the quality.

To give my insight about your question, I guess AI can help a lot. User experience, detecting frauds, search for the best platform, you name it, AI can help with that.
348Judah
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March 24, 2023, 01:01:03 PM
 #51

AI has bith the good and the bad side it renders but being the center of focus to this discussion on gambling, it's advantages is more than the disadvantages because it can make the overall gambling casino cross check and balance to be effective without any compromise or waste of time, it makes easy and fast detection of any abnormality in gambling either frombthe casino or the gambler's end.


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Twentyonepaylots
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March 24, 2023, 01:35:00 PM
 #52

I think AI could be used as a way to help minimize the addiction on gambling. I don't know much about the technical side of this but my idea is that AI could be a way to assess each individuals habit and probably finances since it could suggest ways to make you not lose all your money and as well not be addicted since there are signs before you reach that.
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March 24, 2023, 05:51:23 PM
 #53

With the high rate of internet fraud and scammers i think Artificial intelligence should focus on that. Humanly, it will be hard to detect a scammer but with the help of Artificial intelligence it can be made easy.
Secondly, they should also focus on checking on a legit gambling site as there are many gambling site just to save gamblers from the hands of scammers.
Lots of gamblers have been scammed due to gambling in the wrong gambling sites.
These are the problems i think AI can fix to enable excellent gambling.

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March 24, 2023, 06:45:00 PM
 #54

The casino can use  AI as an advisor and entertainment for its players. For example, the AI can advise gamblers on game tactics or simply entertain them with conversation and jokes about the casino. The AI can also congratulate gamblers when they win and cheer them on when they lose.
For what's the use of moderators and customer support? I think they can also work as an advisor when one has a problem or want's to take an advice if what is better to do on some situations like for example if they feel that they are becoming an addict in gambling.

The good thing about them is they can do an immediate actions like they will now close the players account temporarily or permanently. Putting AI on this matter is only going to cause the casino and will only make delays in solving the problems. For the entertainment part, don't forget that there are already gambling games. This is our main entertainment here. When it comes to congratulating and cheering the player, we have the chatbox to do this or the casinos forum.

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ethereumhunter
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March 25, 2023, 11:22:52 AM
 #55

I think AI could be used as a way to help minimize the addiction on gambling. I don't know much about the technical side of this but my idea is that AI could be a way to assess each individuals habit and probably finances since it could suggest ways to make you not lose all your money and as well not be addicted since there are signs before you reach that.
Using AI to minimize gambling addiction could help gambling addicts get out of this problem. And AI can also help with other things like fixing faulty codes or fixing bugs due to updates. But for now, AI still can't reach that area because it still needs a lot of development to detect every existing problem. We can use AI to collect more information for those who often bet on sports betting so that the win rate will be higher than before. It will still take some time to see how AI can help gamblers or casinos but we will see that soon.

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March 25, 2023, 11:30:46 AM
 #56

I think AI could be used as a way to help minimize the addiction on gambling. I don't know much about the technical side of this but my idea is that AI could be a way to assess each individuals habit and probably finances since it could suggest ways to make you not lose all your money and as well not be addicted since there are signs before you reach that.
It doesn't need AI to detecting an addict, but the current technology can be used because the casino can create a system where they recorded any deposit, withdrawal, every bet, and time frame of the gambler in big data. Then if they have set a limit, any account which exceed the limit will trigger their system and that's depends on the casino's team if they want to freeze the account or let the gambler to gamble or withdraw.

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March 25, 2023, 11:48:03 AM
 #57

I believe that fraud is the biggest issue that online casinos are facing after settling with the LAW to keep running their businesses, and I believe that the combination of Artificial Intelligence with human assessment will help prevent frauds.

With AI it will be more easier to eliminate frauds and set a stronger level of protection because AI is far more capable of doing the intense cross checking and and more complex security checks, it is a load of work for human to do cross checking themselves as the chance of missing a spot is possible due to tiredness or laziness. All these work load can be shifted to AI and leave the investigation cases to humans to fix.

What else do you think a gambling casino can benefit from using AI technology?
Gambling itself technically has no problem, the legitimacy of casinos is another thing as you said though. It's a rather simple way to set it up though, just let the AI store a database (possible now in ChatGPT with it's plugins feature) of validated gambling casinos (possibly made by legal authorities for better validity). Other than for security purposes though, maybe proper levels of self-exclusion? That would require each casino to setup an AI though, possibly helping in detection of computers that are being used by the same user if possible.

 
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March 25, 2023, 12:46:31 PM
 #58



What else do you think a gambling casino can benefit from using AI technology?

I think designing the script of the casino to make it easy to use and attractive to gamblers is one of the things that can help the casino industry can help AI, I don't know if is possible but a way for casinos to easily trace abusers, and cheaters from employing their scheme and stop them from playing, if no abusers and cheaters can play then no account will be lock and funds confiscated and no accusation of scam will be filed.
The casino industry is already running perfectly I guess the ones that will likely employ AI's are players to find a way to beat the house. 

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March 25, 2023, 01:17:54 PM
 #59

The important thing you need to control in the gambling is your emotion.Because you should leave the gambling for some days after some continuous loss.After the continuous loss,your mind would become a profit oriented from fun gaining.Artificial intelligence will impact huge in finding the scam gambling sites,only thing is you need to spend funds for Artificial Intelligence.Surely Artificial Intelligence easily cross checked the scam one in the field.Because by checking the profile of the owners of gambling sites Artificial Intelligence can easily find the scammers and fake profiles by comparing with their social media accounts.The Artificial Intelligence can also check the bank roll of the gambling sites to find the scam website.Even the gambling sites can implement the Artificial Intelligence for many purposes.

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March 25, 2023, 02:44:43 PM
 #60

AI could give insights and provide predictions to gamblers who seek good strategies in gambling, especially in sports betting. For gambling casinos, it will be a big help when it comes to identifying software and pattern problems. AI has been workng nowadays and is bemeficial to pst users even in trading. I think it only needs more time to develop and in the future, more people would see its importance.
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