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Author Topic: Is AI going to affect gambling in any way ?  (Read 1656 times)
biggerthanawhale (OP)
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March 06, 2024, 05:43:08 AM
 #1

AI has impacted almost all online businesses to major extent. Do you feel that there will be major impact of AI technology on online gambling industry as well ?
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Queentoshi
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March 06, 2024, 05:53:44 AM
 #2

It may affect gamblers, maybe with the way AI technology is making some people's jobs easier and also making some people lazier, there will also be gamblers who may depend on AI technology for predictions in games because they will become lazy to analyze games themselves. I do not believe that AI can actually predict games especially games that are based on luck and the outcome are very unpredictable like football or other sports, so as a result, AI technology will affect and interfere with the believe that gamblers will have on themselves, which may also affect the wining rate.

R


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komisariatku
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March 06, 2024, 05:59:06 AM
 #3

I don't think so, AI will have no impact on online gambling. Maybe you can ask AI to help you guess the match score, but that's just statistics and the results on the field may be different. Besides, other games can't use AI, what does AI do when playing slot machines?

AI will only work well if it is used for common and repetitive activities. Gambling is all about probability and luck so you can't use AI, besides you won't have much fun when using AI.

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March 06, 2024, 06:01:23 AM
 #4

The development of AI technology will affect many industries, and that also includes the gambling industry. AI technology will influence this industry either directly or indirectly, for example, casinos use AI to record players' behavior patterns or monitor potential cheating in games. And gamblers who may use AI assistance to determine their best bets or for various other things.
Even though it looks quite helpful, AI technology can be detrimental if used excessively, and that is why it is important to have regulations from the gaming commission to monitor the use of this AI technology.

R


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March 06, 2024, 06:01:59 AM
 #5

AI has impacted almost all online businesses to major extent. Do you feel that there will be major impact of AI technology on online gambling industry as well ?
in what way would it possibly affect gambling? Would it be to the advantage of the gamblers or or to the favour of the gambling owners? Outside of most virtual games that are purely luck possibly some sort of permutations, how do you think AI can affect the outcome of soccer gambling?

Let's say Manchester City is playing a match against Manchester United, how does the use of AI determine the outcome of such game? Surely AI has it roles and application in aiding the ease in doing things but when it comes to things that are basically product of human actions, the limitations of AI becomes very obvious.

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March 06, 2024, 06:03:31 AM
 #6

I had a different opinion on this matter which I shared in a different thread about this same topic not long ago, but the more I know about AI the less I think its impact will be in the mechanisms of gambling.

There is this house hedge and I think that the algorithms are already sufficiently refined and they work really well. Letting my imagination go further would lead to dystopian futures in which human will is denied, which IMO is improbable. But I do think that IA can help in marketing, for example. At the end of the day, advances in this field leave no one indifferent.

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March 06, 2024, 06:04:24 AM
 #7

Well, I can tell you one thing... there are loads of people who are trying AI to determine the best Dice strategies at the moment and most of them are a complete failure.

AI can answer a lot of questions about gambling and it can even assist casinos to support their customers. (24/7/365 AI support)

There will also be an increased in scammers, trying to sell false (100% foolproof gambling strategies) to people.  Roll Eyes

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March 06, 2024, 06:10:36 AM
 #8

It may affect gamblers, maybe with the way AI technology is making some people's jobs easier and also making some people lazier, there will also be gamblers who may depend on AI technology for predictions in games because they will become lazy to analyze games themselves. I do not believe that AI can actually predict games especially games that are based on luck and the outcome are very unpredictable like football or other sports, so as a result, AI technology will affect and interfere with the believe that gamblers will have on themselves, which may also affect the wining rate.
Depending on something robotic to yield outcomes to be manually played by humans, that should be the worst use of AI technology. AI technology is unable to predict games very accurately than we humans can do. So, anybody who tries the use of AI will certainly experience much loses.

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March 06, 2024, 06:16:36 AM
 #9

IMO, gamblers can take advantage of the use of AI when the right time comes.
Imagine just asking it to tell you the history of both teams in your preferred sport and you get the answer so quickly that you don't need to find a reputable link in Google just to look for results.
It will make research faster. I am actually against AI but if it is for the ease of the people then it's all good. But the one thing that I am against it is because it can make people lazier. We are already lazy thanks to the internet and Google, what more if you add something that will find the answers for you?
Also, this kind of thing will make people lose their jobs and I bet it's already affecting many people now who are jobless because of the application of AI.
Well, it could still not answer who will win the game but it could enhance your chances if you have the right questions.

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March 06, 2024, 06:21:54 AM
 #10

AI has impacted almost all online businesses to major extent. Do you feel that there will be major impact of AI technology on online gambling industry as well ?

I'm not sure what you mean by the online gambling industry here, is it about the gambling platforms? If yes, then the answer is most likely, technology is increasingly developing and gambling platforms must have smarter algorithms, this is where AI comes into play (This is just my assumption looking at the technological developments that are taking place).

I'm more focused on the impact of AI on sports betting choices, because of AI, users will no longer have difficulty carrying out analysis, AI provides all the important information in the past.

R


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March 06, 2024, 06:25:59 AM
 #11

AI has impacted almost all online businesses to major extent. Do you feel that there will be major impact of AI technology on online gambling industry as well ?
The extent of using AI is been utilized and there's no more efforts than watching the modern age technology into use. The gambling industry is compacted with risks. The earlier we realized how possible we can start earning from the system with solid strategy and also consider losing from our end. The gambling space is very important for those gamblers that are milking from the system. Al are not humans and it will affect them in all rounds particularly in gambling. AI do the basic tasks by magnifying the statistical data of these teams.



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March 06, 2024, 06:37:06 AM
 #12

AI has impacted almost all online businesses to major extent. Do you feel that there will be major impact of AI technology on online gambling industry as well ?

I think it will have an impact, and it depends on whether it will have a good impact on gamblers in the field of the crypto gambling business industry. Of course, if it can provide good earnings, it will make even more noise in the crypto space.

But for me, AI will never be adopted in the gambling business because we ourselves naturally play gambling in a different way than something that will be used with AI, but if I see that it can really provide 100% earnings, why not? ?



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March 06, 2024, 06:56:34 AM
 #13

Al has taken its place in gambling and Al has been widely used by most local gambling sites or fiat gambling sites in customer support services, I found this on all fiat gambling sites that I have ever used.
It ridiculous when you ask about some of the problems that occur and ask for solution and they only rely on AI to provide responses to each customer, there is no solution but only few steps that may be more complicated.
It just that in the crypto gambling industry, I feel that as time goes by, in the future, maybe AI can become tool that is actually used by all gambling sites without exception.
But honestly, regarding the support team feature, I will still say that it is much better if it is handled directly by humans or team that can really provide much quicker statement regarding every complaint submitted.

I think the impact this will have on the online gambling industry will be much better impact, even though there will be some shortcomings and it will also provide different point of view, but everything will follow technological developments.
AI may really be well developed to help some technology-based industries but not all places will be able to rely on AI.

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March 06, 2024, 07:08:59 AM
 #14

AI has impacted almost all online businesses to major extent. Do you feel that there will be major impact of AI technology on online gambling industry as well ?


Ok, technology is one thing that has driven faster in the World,and with the look of things now I would preferably say that Al technology is one that has upgraded and impacted alot of companies, businesses,and establishments as well.
So with all of this changes and development it will also affect the gambling industry resulting in a fast means of making predictions and all of that and may still limits the chances of loss.

Generally when it starts it will be slow at some point but as time goes by,it will generate a massive impact and take over other affairs too.
I think having such development will pave way for more winnings you know.

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March 06, 2024, 07:11:07 AM
 #15

AI has impacted almost all online businesses to major extent. Do you feel that there will be major impact of AI technology on online gambling industry as well ?
The highest impact AI can get in gambling industry is to be used as support respondent this thia where AI will act as customers care and answering questions and providing solutions to some of the common problems, aside from that, I don't see the chance for AI to be successful in casino  games or customer ability to beat the casino.

Gambling industry have grown alot and because of that advance growth, their are able to build mechanism that prevent external interference to their games process and results outcome, this is why it hard for gambler to use any form of bot  to beat the casino.

So I say AI will have almost an unnoticed impact in the gambling industry, and for sure we have to look away from believing the possibility of that development to impact any thing in gambling.

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goaldigger
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March 06, 2024, 07:12:52 AM
 #16

AI has impacted almost all online businesses to major extent. Do you feel that there will be major impact of AI technology on online gambling industry as well ?
AI are already in the gambling industry and many casinos are already using this for their own benefits especially in detecting any cheat or suspicious transactions. Well, if you think you can win against the casinos, I think you're thinking wrong because every casinos will have their own security measure and they will not allow any gamblers to take advantage of it. AI will surely benefit the casino owner here, they will be more strict for sure.

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Outhue
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March 06, 2024, 08:19:01 AM
 #17

AI is not a must, it's left for casino owners to choose whether they will implement AI or not, some people are fine without AI in their casino business while some believe that AI is better, so it's a matter of choices.

I believe that AI will be helpful for online businesses not just casinos only, but my worries are those people that will end up losing their jobs, AI will do better than human but humans needs to survive, I don't accept the necessary means of getting rid of humans and replacing them with AI.

As for gamblers who thinks that AI have any benefits for gamblers, it's never going to happen, AI can't predict what will happen in the future, this is what makes them useless for gamblers, everything is still going to be on probability and you will still lose money, no one can cheat the rewards of gambling, it's either you lose money or you get lucky.

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Assface16678
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March 06, 2024, 08:45:55 AM
 #18

Yes, in the sense that AI could be used for cheating on gambling sites, as the technology keeps on upgrading and keeps on advancing. There is no doubt that someday AI can be used to create software that can be used to cheat on any gambling site. In the sense that every website has a vulnerability, if an AI can penetrate that vulnerability, it could compromise the whole website. It could be an advantage to the gamblers, but for the online casino owners, it will be a problem later on.

Truly, AI can help a lot in different aspects of our lives, but keep in mind that too much advancement can be used to take advantage of other things, and as we all know, people tend to be tempted for their own good, so it's impossible that people will think of AI as being used in order to earn a lot on a casino website.

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March 06, 2024, 08:54:13 AM
 #19

AI has impacted almost all online businesses to major extent. Do you feel that there will be major impact of AI technology on online gambling industry as well ?

Impact AI technology can help a lot on casino owners since it can help them to make their casino becoming more user friendly and it can possibly make user to easily navigate what games they want to search or other things important to deal since there is AI that can possibly automate things on the casino.

But for exploiting means and people or gambler to take advantage? I guess not since for sure that casino owners will became innovative to and for sure they create a method to interfere any AI frauds related activities.

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March 06, 2024, 09:08:30 AM
 #20

AI has impacted almost all online businesses to major extent. Do you feel that there will be major impact of AI technology on online gambling industry as well ?
Surely there will be a major impact of AI in gambling just that it has not been officially launched. I know In less than no time AI will take over gambling analysis like prediction bot that will help people to predict matches just like trading bot is in cryptocurrency. It is very possible just like I said it is about to be made official. Not only will it predict matches but will be use in the pitch like referee and training robot. Just the matter of time.
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