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Author Topic: Is AI going to affect gambling in any way ?  (Read 1662 times)
redsun114
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March 29, 2024, 11:29:23 AM
 #181

I don't think luck can be manipulated in any way. All that can be read is the concept on which that luck will exist.
The idea is that the house will win most of the time because its chances are greater according to simple mathematical algorithms, and users also rely on luck, but with much lower chances. Almost all games are programmed according to this basis.
Gambling platforms and house systems do not have to manipulate their systems to achieve a profit that can be obtained without having to do so.
Gambling us risky, grabbing golden opportunities. AI will take over everything but It doesn't mean we should be underrating the use of these modern days technologies, they're comprehended coupled with legit pieces of information. I'm just here gathering the basis of information and wanting more, it relenting but enforcing useful information, which will provides aides for us. While for Luck which is built based on the beliefs of human, we just gave to be resourceful in the system, ready to take good lead and enable ourselves sitting ontop the big winnings.
AI will not make anyone gain an upper hand over the house, that isn't possible, especially when it comes to gambling games, because an AI model cannot be used to change the algorithmic outcomes that are automatically generated using random number generators. So, games that we play on gambling platforms and their outcomes will always mostly rely on luck first and then the algorithms that they are built upon.

An AI model can be useful for a sports bettor for doing research and analysis because it can grab and bring data and statistics from all around the internet in a matter of seconds and the bettor then can evaluate those results and reach a conclusion for their bets.

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March 29, 2024, 02:11:55 PM
 #182

AI will not make anyone gain an upper hand over the house, that isn't possible, especially when it comes to gambling games, because an AI model cannot be used to change the algorithmic outcomes that are automatically generated using random number generators. So, games that we play on gambling platforms and their outcomes will always mostly rely on luck first and then the algorithms that they are built upon.
That would not be called as a house edge anymore if there's a system that could beat it. That house edge thing is has been there ever since, so no one could beat that, otherwise casinos will go bankrupt because of AI. Sometimes it's misunderstood, not because an AI can do a lot of things to make our job easier it will beat everything, maybe some but not the gambling industry.

If we can make an AI to work on our favor, I'm sure casinos are also exploring that possiblity to gain on their favor.

An AI model can be useful for a sports bettor for doing research and analysis because it can grab and bring data and statistics from all around the internet in a matter of seconds and the bettor then can evaluate those results and reach a conclusion for their bets.
True that would help, if we use the information effectively, that will increase our chances of winning but will never guarantee a win.

R


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March 29, 2024, 03:32:59 PM
 #183

AI and betting cannot work together as far as I'm concern about it.

Sure,  we can implement some AI programs to make the betting system a bit better and safer but I doubt anyone can use AI to predict or find out outcomes because it's not meant to work this way. However, AI is still at the very beginning so next few years should give us a way more detailed plan of what AI can achieve in betting system regarding both sides ( house and the bettor ).

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March 29, 2024, 04:13:11 PM
 #184

I don't think luck can be manipulated in any way. All that can be read is the concept on which that luck will exist.
The idea is that the house will win most of the time because its chances are greater according to simple mathematical algorithms, and users also rely on luck, but with much lower chances. Almost all games are programmed according to this basis.
Gambling platforms and house systems do not have to manipulate their systems to achieve a profit that can be obtained without having to do so.
Gambling us risky, grabbing golden opportunities. AI will take over everything but It doesn't mean we should be underrating the use of these modern days technologies, they're comprehended coupled with legit pieces of information. I'm just here gathering the basis of information and wanting more, it relenting but enforcing useful information, which will provides aides for us. While for Luck which is built based on the beliefs of human, we just gave to be resourceful in the system, ready to take good lead and enable ourselves sitting ontop the big winnings.
AI will not make anyone gain an upper hand over the house, that isn't possible, especially when it comes to gambling games, because an AI model cannot be used to change the algorithmic outcomes that are automatically generated using random number generators. So, games that we play on gambling platforms and their outcomes will always mostly rely on luck first and then the algorithms that they are built upon.

An AI model can be useful for a sports bettor for doing research and analysis because it can grab and bring data and statistics from all around the internet in a matter of seconds and the bettor then can evaluate those results and reach a conclusion for their bets.

I can imagine that this is the most that can be done using AI software and is in the interest of the users. But any potential role cannot eliminate the human role in making decisions because artificial intelligence cannot make accurate predictions, regardless of the type of game.
Artificial intelligence has been able to amaze us with its capabilities in analyzing data and processing various complexities, from which the gambling industry has greatly benefited. But it would be naive to expect unreasonable results or trust programs on the basis that they will achieve miracles. I think we should be a little rational.

On the other hand, we should not forget that any development programs using artificial intelligence are carefully programmed to perform specific functions. Even casinos will not be able to adopt any software that disrupts the system or increases house profits at the expense of bettors. Current licensing laws may consider this to be fraud or an attempted scam if any tampering is discovered, even if it was produced by artificial intelligence and not by humans.

R


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March 29, 2024, 05:56:06 PM
 #185

AI and betting cannot work together as far as I'm concern about it.

Sure,  we can implement some AI programs to make the betting system a bit better and safer but I doubt anyone can use AI to predict or find out outcomes because it's not meant to work this way. However, AI is still at the very beginning so next few years should give us a way more detailed plan of what AI can achieve in betting system regarding both sides ( house and the bettor ).

I believe it is already happening. That's why most software engineers are creating better captchas for bots. Because what happens is that gambling manually was being replaced over time by robots and casinos are losing tons and lots of money. They can no longer compensate the damage from their projects. Bets are being spammed and their system are unable to organize and pair it. This kind of issues. Other times, the house itself or the casinos develop their own bots. So it's just like war of automation. But at most part, the most affected will be those one who can cope with these type of changes.

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March 29, 2024, 06:29:45 PM
 #186

Of course, AI will affect gambling, I don’t know whether this will happen soon or not, but it will certainly happen. To be honest, I thought 5 years ago that it was no longer worth learning to play poker because I saw all sorts of programs that calculate a lot of all the opponent’s indicators. And after that my desire to play poker went away. I don't want to play against opponents who have all the statistical indicators about me and my actions. With AI it will become even more uninteresting. It’s better to just go and play offline if you want, there won’t be any AI there. Of course, time goes by and the improvement of AI will naturally occur, because it concerns money in gambling and first of all it will be used here.

I think that it's most probable that most casinos are already using AI in different ways for years.

For example, they could create ads using large language models.

They could use models to identify who to give free drinks, etc.
Even if you say so, a few years ago the capabilities of AI were much smaller than today. I think that AI will progress exponentially. I’m even very interested in how all gambling will end up, and I don’t exclude this possibility with the rapid development in the field of AI.

And the examples can be very diverse for the use of AI for the benefit of casinos, both in marketing terms and in many other ways. I don’t want to look even very far, because it’s quite difficult to make assumptions with many variables, but I have no doubt that there will be fundamental changes, although I find it difficult to say negatively or positively.

R


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March 29, 2024, 06:48:41 PM
 #187

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 in the future AI will become an inseparable part of our lives, just like the internet and social media. The use of AI will be very diverse in casinos and gambling. I don't know if you are asking something negative or positive about the use of AI in casinos. Using AI to cheat casinos is certainly illegal and bad. But I think the positive impact is that AI will really help casinos develop their business even better. They can use AI to create new games that have never existed before. I think it will be one of the revolutionary breakthroughs in the use of AI in the future.

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March 30, 2024, 06:18:10 AM
 #188

In what I know about AI working in the gambling industry I am simply doubting if luck could be manipulated like that but it is viable in some cases sure the house has this kind of AI feature but for sure if there is some AI predicting what is happening with gambling I will surely be impressed but not all can be solved with AI this is just what I think it is better to gamble on your own than to console an AI what you're going to do next,

For me, the application for gamblers is not viable but for the house, it could be used in random Casino bets and when the AI is going to make the gambler win a bet or not, or some application in the gambling industry that is not applicable for use in gambling.



I don't think luck can be manipulated in any way. All that can be read is the concept on which that luck will exist.
The idea is that the house will win most of the time because its chances are greater according to simple mathematical algorithms, and users also rely on luck, but with much lower chances. Almost all games are programmed according to this basis.
Gambling platforms and house systems do not have to manipulate their systems to achieve a profit that can be obtained without having to do so.
I knew that manipulation is what would first come to the head of many when AIs are being mentioned in gambling but it is not supposed to be so. If you think you can use AI to perpetrate evil, the house will also use AI to stop that from happening, and since they have more money, they will be more techy than the customers at large. As a matter of fact, it is already happening, many casinos are now investing huge amounts of money in the next generation of gambling where AIs will be performing enough tasks in place of human in so many facets which include, verification and security, and I wonder how people would get to cheat that.

And no matter the amount of AIs the customers use, they can't just beat the system of the casino game they are playing. The algorithms are there, and only a hacking system will be able to pose a threat. But unfortunately for the cheater in that case, it will be so obvious, they will get caught easily, and no casino will pay such winning when it is obvious that hacking was used to win the game. For this, in the future with the invention and use of more AIs, I believe that the gambling industry will be more advanced, so we should perish the use of AI for manipulation for gamblers to win. I also believe that everything will be the same as it is now, where it is difficult to cheat the house and when you use automated systems too much, I think the house will frown at it.

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March 30, 2024, 07:47:57 AM
 #189

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 in the future AI will become an inseparable part of our lives, just like the internet and social media. The use of AI will be very diverse in casinos and gambling. I don't know if you are asking something negative or positive about the use of AI in casinos. Using AI to cheat casinos is certainly illegal and bad. But I think the positive impact is that AI will really help casinos develop their business even better. They can use AI to create new games that have never existed before. I think it will be one of the revolutionary breakthroughs in the use of AI in the future.

AI can make everything easy so for sure this will be adaptive by lots of people since this is really helpful to everyone in good way. But maybe he's claiming something bad for casino owners like it might be a source of abuse to other people who's seeking easy way to earn money on this platform, but I don't think that's gonna happen since for sure there are tools will be created to combat this scenario so there's would be no huge negative effect will happen and this financial platforms including casino will be fine on AI existence. Maybe for making all navigation on some features for people to make easier access everything they want to have for sure in this way they can use this AI technology.

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March 30, 2024, 01:59:25 PM
 #190

In what I know about AI working in the gambling industry I am simply doubting if luck could be manipulated like that but it is viable in some cases sure the house has this kind of AI feature but for sure if there is some AI predicting what is happening with gambling I will surely be impressed but not all can be solved with AI this is just what I think it is better to gamble on your own than to console an AI what you're going to do next,

For me, the application for gamblers is not viable but for the house, it could be used in random Casino bets and when the AI is going to make the gambler win a bet or not, or some application in the gambling industry that is not applicable for use in gambling.



I don't think luck can be manipulated in any way. All that can be read is the concept on which that luck will exist.
The idea is that the house will win most of the time because its chances are greater according to simple mathematical algorithms, and users also rely on luck, but with much lower chances. Almost all games are programmed according to this basis.
Gambling platforms and house systems do not have to manipulate their systems to achieve a profit that can be obtained without having to do so.
I knew that manipulation is what would first come to the head of many when AIs are being mentioned in gambling but it is not supposed to be so. If you think you can use AI to perpetrate evil, the house will also use AI to stop that from happening, and since they have more money, they will be more techy than the customers at large. As a matter of fact, it is already happening, many casinos are now investing huge amounts of money in the next generation of gambling where AIs will be performing enough tasks in place of human in so many facets which include, verification and security, and I wonder how people would get to cheat that.


In confirmation of your idea, which I also support, it would be more reasonable to think about using artificial intelligence to find the best ways to hack the platform, more than it is possible to imagine that it can hack mathematical algorithms (probabilities).

I participated in a discussion in one of the topics in the local section (Arabic) a while ago about the dangers and positives of artificial intelligence, and we discussed the issue of gambling in particular. An idea then occurred to me that artificial intelligence could help addicted players who are on the verge of falling prey to addiction, but this requires the cooperation of casinos as well. By analyzing data related to players, AI can identify problematic behavior and people with corresponding patterns. In such cases, the software notifies the casino, the user's account will be blocked and help can be provided before a major gambling addiction problem arises. What is your opinion?

R


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March 30, 2024, 03:04:57 PM
 #191

AI and betting cannot work together as far as I'm concern about it.

Sure,  we can implement some AI programs to make the betting system a bit better and safer but I doubt anyone can use AI to predict or find out outcomes because it's not meant to work this way. However, AI is still at the very beginning so next few years should give us a way more detailed plan of what AI can achieve in betting system regarding both sides ( house and the bettor ).
We can use an AI to put our bet but we must always remember that AI is made by people so there's a chance that the program will loss once other people can access the AI or control.  Cause one thing for sure the owner of the casino will won't that happen and one thing for sure they will use AI too to detect and determine if those account will use AI or not and once it will caught that they will use an AI then they will face a consequences from the casino.

R


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March 31, 2024, 11:38:05 PM
 #192

AI and betting cannot work together as far as I'm concern about it.

Sure,  we can implement some AI programs to make the betting system a bit better and safer but I doubt anyone can use AI to predict or find out outcomes because it's not meant to work this way. However, AI is still at the very beginning so next few years should give us a way more detailed plan of what AI can achieve in betting system regarding both sides ( house and the bettor ).
We can use an AI to put our bet but we must always remember that AI is made by people so there's a chance that the program will loss once other people can access the AI or control.  Cause one thing for sure the owner of the casino will won't that happen and one thing for sure they will use AI too to detect and determine if those account will use AI or not and once it will caught that they will use an AI then they will face a consequences from the casino.


Well there are many things that can be analyzed, in AIs we are seeing them as if they were something very big, I think that AIs are not that developed, the only thing I have seen is Chatgpt which is the only one most people talk about, but according to I have read that AI takes information from the Internet and filters it according to the algorithms it has, and gives an Answer , this is Something that is not bad, but I don't see it as something that is not decisive, maybe on the web they can place False things.

What he says is very true, casinos must already have all the measures for players who use AI and can detect and neutralize them, that is Something they must already have because computer security is very important in a casino , it cannot be invented with things like that, because what it can produce is a big ban in the casinos and that is serious.

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March 31, 2024, 11:54:02 PM
 #193

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 ?
Quite possibly, I can see specifically-trained AI being used to make formulated guesses to predict game outcomes for profit. I already saw it happen in particular with football games, and although the predictions are a massive hit or miss, it's still possible that given enough data and time to train the Artificial Intelligence with, a passable, maybe even highly reliable rendition of this algorithm could be made in few years' time, which would mean people are going to profiteer out of the gambling industry, with people trying to use the AI to earn money with it, either by using it directly within the casino, or by selling it to some down on their luck schmucks who think this is their ticket to financial success.

I can see it ruining gambling for a lot of us, since why bother working for your money when you can automate everything, from predicting and making your picks to locking them down and playing the waiting game? It's just a matter of time before this becomes a reality, and when that happens, I'd gladly swear away from gambling.

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April 01, 2024, 02:43:51 AM
 #194

I would not talk about all artificial intelligence, but about advanced software. It is this, and not artificial intelligence, that will have the greatest impact on the industry. I know that some poker players have good proprietary programs that help select cards, suggest the right moves and calculate approximately what cards are in the hands of opponents. This truly gives some players a huge advantage over others. A person who is helped to play not only by the author's method, but also by a program based on the author's method, will always play better than others, regardless of the cards. If we are talking about betting, then advanced software can also help the player well. You can analyze the entire array of matches and create advanced statistics that others do not have.
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April 01, 2024, 04:47:05 AM
 #195

AI has huge impact on many industries and it will also has its own impact on the betting world. If some people are thinking about exploiting betting companies thru AI, I guess it is the opposite. AI will be more beneficial to betting companies. There will be zero to little arbitrage in betting anymore in the future due to AI detecting all the odds the other bookies are offering.

I can also imagine banned or people not allowed in gambling or are doing illegal activities like laundering will be tracked easily. This is the same situation in my country wherein there is a system where all banks can access on the credit score of all people that have bank accounts.

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April 01, 2024, 07:40:23 AM
 #196

AI has huge impact on many industries and it will also has its own impact on the betting world. If some people are thinking about exploiting betting companies thru AI, I guess it is the opposite. AI will be more beneficial to betting companies. There will be zero to little arbitrage in betting anymore in the future due to AI detecting all the odds the other bookies are offering.
Even without the use of AI, this could actually happen if there's only one bookmaker for every sportsbook, that way the odds are in synch as it's just running in one system. So even if there's a AI but with different bookmakers or if they will not collab, there's still a possibility to find an arbitrage opportunity.

I can also imagine banned or people not allowed in gambling or are doing illegal activities like laundering will be tracked easily. This is the same situation in my country wherein there is a system where all banks can access on the credit score of all people that have bank accounts.
With the system in place and working well, tracking funds would be easy to achieve. That's where the Anti money laundering agency has been building, but without the cooperation of the regulated casino, things might be hard for them. When i say cooperation, that's when they allow gamblers despite not having a KYC, or just tying to act like a decentralized casino when the are not just to attract potential gamblers.

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April 01, 2024, 10:46:10 AM
 #197

AI has huge impact on many industries and it will also has its own impact on the betting world. If some people are thinking about exploiting betting companies thru AI, I guess it is the opposite. AI will be more beneficial to betting companies. There will be zero to little arbitrage in betting anymore in the future due to AI detecting all the odds the other bookies are offering.

I can also imagine banned or people not allowed in gambling or are doing illegal activities like laundering will be tracked easily. This is the same situation in my country wherein there is a system where all banks can access on the credit score of all people that have bank accounts.

Yeah, technology is usually applied first at the casinos, and then it gets into the hands of normal people.

This is because casinos have the money to pay for developers, researchers, etc.

They have a lot invested in these things.

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Viscore
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April 01, 2024, 12:40:52 PM
 #198

AI has huge impact on many industries and it will also has its own impact on the betting world. If some people are thinking about exploiting betting companies thru AI, I guess it is the opposite. AI will be more beneficial to betting companies. There will be zero to little arbitrage in betting anymore in the future due to AI detecting all the odds the other bookies are offering.

I can also imagine banned or people not allowed in gambling or are doing illegal activities like laundering will be tracked easily. This is the same situation in my country wherein there is a system where all banks can access on the credit score of all people that have bank accounts.

Yeah, technology is usually applied first at the casinos, and then it gets into the hands of normal people.

This is because casinos have the money to pay for developers, researchers, etc.

They have a lot invested in these things.

So most of the time we will be misguided because we are the last touch of an AI before the casino. They have already made adjustment to their system for AI t work for them, and despite using an AI, there's still no way to beat them, they'll always stay at the top (which is normal) and we are still trying to find a way to beat their system which is unbeatable.

I guess we just focus our energy somewhere else, of course AI can help us but there's also a limitation, and like mentioned, we can't beat a casino.

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April 02, 2024, 08:36:18 AM
 #199

~snip~
So most of the time we will be misguided because we are the last touch of an AI before the casino. They have already made adjustment to their system for AI t work for them, and despite using an AI, there's still no way to beat them, they'll always stay at the top (which is normal) and we are still trying to find a way to beat their system which is unbeatable.

I guess we just focus our energy somewhere else, of course AI can help us but there's also a limitation, and like mentioned, we can't beat a casino.

Maybe, probably on the smaller casinos they might not be up to date, so there might probably be a way to get some value out of AI.

But I reckon most of the time the best trained AI will be used to generate the odds, so there's nothing a gambler can do since the casinos control the odds.

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April 04, 2024, 07:43:14 PM
 #200

AI has huge impact on many industries and it will also has its own impact on the betting world. If some people are thinking about exploiting betting companies thru AI, I guess it is the opposite. AI will be more beneficial to betting companies. There will be zero to little arbitrage in betting anymore in the future due to AI detecting all the odds the other bookies are offering.

I can also imagine banned or people not allowed in gambling or are doing illegal activities like laundering will be tracked easily. This is the same situation in my country wherein there is a system where all banks can access on the credit score of all people that have bank accounts.
In general people underestimate the power of a technology, just look at the internet, at the time many people thought that it was just one of those things that only those that are into technology will use, and now we have billions of people that cannot live without the internet anymore, and all of that in just a few decades, and I predict AI is going to have the same kind of impact, it is just that it is still too early for us to understand all the things that it will eventually do.

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