qwertyup23
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March 06, 2024, 12:46:52 PM |
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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 do believe that the impact of AI would be more as a supportive tool rather than as a main component that plays gambling for us. The prominence Artificial Intelligence (AI) has been widely used in different fields as a tool to lessen the work of most people. Robotics and AIs have been also associated with each other in which they can work hand-in-hand to efficiently maximize its potential to some businesses. Although AI has been used mainly by some companies and businesses, I believe that it may not completely replace gambling and its users. Gambling is a personal act whereby the odds are being played by the gamblers. Yes, AI may affect gamblers if the latter use the former as a tool to help them compile information that may effectively predict and weigh some outcomes. But relying on AI completely will not be as effective given the nature of gambling as a risky venture.
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Crypt0Gore
Sr. Member
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March 06, 2024, 12:52:10 PM |
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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.
Like you said, I also think that it usefulness will become over bearing and boring to the gaming world. It will create dichotomy between casinos that uses AI and those that are not like we are having the KYC for some casinos and those not verifying on KYC. So Al will be good in checking cheating for those players trying to do that. It will create a revolutionized system that will further make gambling robotic and boring. Gambling robotic and boring? I don't think so, those who are going to do the gambling are we humans not the AI, the AI is only going to make things easier for the casinos that rendering their services to gamblers like us. When playing Dice and Slots there is no need for AI presence here, AI will do good as customers services but not in any gaming experiences, gambling will still be as fun as it is right now, or later. I am expecting better experience through Metaverse and VR gaming/gambling, I believe that gambling will get better with or without AI, the experience won't change and AI won't ruin the fun either, it will only make the job faster on the casinos side.
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Eternad
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March 06, 2024, 01:00:58 PM |
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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 ?
Gambling will always be a gambling. There’s no way for an AI to solve a randomness to determine what will the result for an RNG. I think AI can be helpful on sports betting area since it can gather all data available on the internet but still it can give you a 100% result. I believe AI can only affect a PVP skills type game since AI will excel on this due to its consistent and accurate feature. But this AI will not affect the current luck based games since it’s pure random.
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Cantsay
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March 06, 2024, 01:30:41 PM |
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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 only way I feel AI will affect the gambling industry is if they somehow manage to figure out the algorithm behind casino games therefore giving predictions that are super close to the winning ones or giving predictions that turn out to have just a a few losses aside from that I don't know if they'll be able to affect in any other ways. After all, most AI are not up to date about the current events happening so it will Be pointless to ask them for help in sports gambling.
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YOSHIE
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March 06, 2024, 01:55:00 PM |
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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 ?
Al is not a benchmark for use in gambling games, many of my friends end up disappointed because they rely too much on Bot Al in every game, for me Al is suitable for use as information, not for predicting or being used in betting. In my opinion, we are misplacing AI technology, actually AI chatbots are good but they are not used in gambling, maybe in information places and so on, AI chatbots cannot predict what has not happened yet, for example slots, sports betting and so on, to be honest, I have used AI chatbots in several types of games and they all ended in disappointment, The AI chatbot did not give the results I expected, it deviated far from expectations, for that reason and currently I have never done and used an AI chatbot again in gambling.
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Twentyonepaylots
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March 06, 2024, 02:24:17 PM |
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Yes, I think AI has the potential to play an important role in gambling. AI can analyze large amounts of data and identify patterns and trends in gambling. It will allow the operators to predict outcomes more accurately. With this, it can be used to optimize odds, detect fraud, and personalize offers to individual players. Also, AI can be used to power chatbots and virtual assistants; with this, it can provide personal recommendations and tips and support the players. It can enhance their experience, and maybe it can minimize the gambling behavior of the players. AI can also assist in managing the risk for the casinos by analyzing data in real-time to identify potential issues such as excessive losses. Overall, AI has the potential to improve and revolutionize the gambling industry by improving efficiency, enhancing the user experience, and addressing or identifying challenges over time. One thing we may be concerned about is how it can affect privacy, fairness, and the potential for addiction if not used properly.
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Davidvictorson
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March 06, 2024, 02:53:49 PM |
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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 ?
What is AI - Artificial Intelligence. There are so many real life use cases of AI in all spheres of life not excluding gambling. Companies are racing to include artificial intelligence in their organization just to gain competitive advantage. It is the age in which we live in and it cannot be ignored. Companies who ignore AI will do so at their detriment. Peter Drucker once said that the best way to predict the future is to create. AI is going to have massive impact in online gambling. Here's what I am thinking - AI to help analyze games - AI as customer support - AI to pick out customer that is gambling too much. - and many more. In the future we will not be drawn to casinos just because of the bonuses, their payment options but also because they have AI support or assistance.
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coin-investor
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March 06, 2024, 02:55:27 PM |
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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 ?
It's already happening in the sports betting category there are many tools available now that are subscription-based that sports bettors can use to predict their favorite sports that they want to bet, sports betting is one side of gambling where you can use analysis based on the past performance of teams and individuals. AI is reshaping the gambling industry, for bettors to even the playing field but it also costs a lot of money as you need money to utilize these AI's. One of the popular AI is the one being used in Football is zcodesystem.com ZCode System:Focusing on football, this AI prediction software utilises a complex score prediction formula based on more than 80 parameters. It conducts 10,000 simulations to forecast scores based on historical data. it cost $198/month and for serious Football bettors AI's are here to stay because it make research and analysis easier for sports bettors, but in luck-based games, there is no AI that can give a good analysis that will lead to a guaranteed win, its still luck that plays a major factor.
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Don Pedro Dinero
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March 06, 2024, 03:17:10 PM |
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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?
Nothing. In fact, I just asked Gemini (google AI) about the best strategy for playing slots and he tells me: It's important to remember that slots are a game of chance, and there is no guaranteed strategy to win. The outcome of each spin is completely random and independent of previous spins. However, there are some responsible gambling practices you can follow to manage your expectations and potentially extend your playtime:
Set a budget and stick to it: Only gamble with money you can afford to lose, and never chase losses. Choose games with a higher RTP (Return to Player): This is a percentage that represents the theoretical return a player can expect over time. Look for games with an RTP of 96% or higher. Play with smaller bets: This reduces the potential losses per spin and allows you to play for longer. Understand the paytable: Know the symbols, winning combinations, and bonus features before playing. Play for fun, not to win: Slots are a form of entertainment, and winning should be considered a bonus, not an expectation.
Remember, even with these practices, the house always has an edge in slots. It's important to gamble responsibly and be aware of the risks involved. If you or someone you know has a gambling problem, please seek help from a professional organization. It's actually something I could have said myself, perhaps not as detailed without doing a bit of research beforehand, but the AI recognises that you can't win at slots in the long run and that you should play for entertainment, with the possible winnings being just a bonus. So if anyone expects an AI to give them a winning strategy for house edge casino games, they'd better sit tight.
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Yatsan
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March 06, 2024, 03:27:35 PM |
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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 ?
It would be hard to believe that it won't, that's how technological advancement works in the first place wherein every industry is affected either negative or positive effect. If AI will be inplemented in online gambling industry then I guess it is more likely with the dealers just like with some ideologies in news industry that they are planning to use AI technology to deliver the news to audiences. Other possible advancement might be is with the iuser interface or overall gambling experience, which is more likely with the purpose of improvement. Gambling is gambling, there's really nothing much to change in its concept. But if this question roots for the idea that AI will be used against gambling sites perhaps predicting the winning bet then that won't happen for sure. First of all, why would casinos allow that, right? It will only be possible if AI will have a copy of the casino's algorithm and script which is something that won't happen easily.
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bittraffic
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March 06, 2024, 04:30:52 PM |
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Predicting sports matches I think AI can be a big help for those who compare the teams at play. It does not have much of a help on predicting who is going to win but I tried asking ChatGPT and it only provided the advantages and disadvantages and skills of the athletes.
I think can create a new industry for what it can do to help improve human lives. So it destroys jobs and it could create a new one for us too.
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killerfrost
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March 06, 2024, 05:34:10 PM |
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Weather affecting the game? AI's on the case. It can be pretty handy for getting all the info you need, faster than you can say 'shuffle the deck'. But here's the thing, AI is a tool, not a magic trick. It can't guarantee you'll win. And while it can help you make informed decisions, it shouldn't replace your own thinking. You gotta use your brain too, or you might end up relying on AI for everything, which, let's be honest, wouldn't be the greatest for anyone .
Plus, there's the whole job thing to consider. AI is getting smarter, and some folks worry it might take over some jobs. Whether that happens in the gambling industry is anyone's guess, but it's a valid concern.
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AmoreJaz
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March 06, 2024, 05:57:33 PM |
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Predicting sports matches I think AI can be a big help for those who compare the teams at play. It does not have much of a help on predicting who is going to win but I tried asking ChatGPT and it only provided the advantages and disadvantages and skills of the athletes.
I think can create a new industry for what it can do to help improve human lives. So it destroys jobs and it could create a new one for us too.
Reading between the lines is what you need to do when you tried to consult chatGPT. Even if they will not directly answer your queries, try to assess the info they provided to you. And you will find out that such info will come in handy. Instead of searching on your own, they will already give the pros and cons. And so, what you need to do is make a logical prediction based on what you think will come out of those info.
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mindrust
Legendary
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March 06, 2024, 06:01:16 PM |
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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 will have an impact on everything and it will certainly affect gambling. Just because they refuse to give you their opinions directly now doesn't mean you can ask the questions indirectly or ask some other useful questions and have some useful answers from them... But then when you think about it, if everybody uses AI to make their bets, then their potential rewards will be lower because there won't be many people taking the other side of the bet. If you see it that way then you can say that nothing will change. In the end gambling has a lot of luck element in it and even AI can't predict luck.
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Lanatsa
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March 06, 2024, 06:06:11 PM |
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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](https://bitcointalk.org/Smileys/default/rolleyes.gif) For sure OP have this kind of thinking about AI to affect is about on how to make that effective strategy against the house on which we do know that this cant be just that possible. Those casino owners are surely aware about the technological advancement that we do have today. Of course if ever there would really be some holes in regarding about those possible exploits then they would really be making out such update and changes on which it would really be just that a common approach. They cant really just make things to let it run if ever there would be those kind of disadvantages. In speaking about AI integration then just like on what you have said that they do have those AI support and any other integrations on which it could really be beneficial into the business on which i could say that this is something that would be relevant if we do speak about AI on gambling industry and so as with other industries as well.
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March 06, 2024, 06:08:42 PM |
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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 don't think so because gambling depends on luck and I think no one can predict the luck and if we talk about the the artificial intelligence then here they can also just predict like the professional do now if we think about the sport then artificial intelligence also do the same predictions on the basis of the teams performance, player performance and history but as we see all predictions not hit there will be also same cases on ai
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bluebit25
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March 06, 2024, 06:33:16 PM |
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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 ?
This must definitely happen when we exploit potential applications from AI. I still regularly follow some BOTs that analyze data and understand them quite a lot based on AI and Oracle. But it must be said that some things that are overused will lose the naturalness of gambling, and of course the casino owner will also know how to apply AI, not expecting AI competition between parties but this technology trend is bringing many useful things.
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danadc
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March 06, 2024, 06:41:05 PM |
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The only way for AI to affect the gaming industry is if a player is willing to implement their game with an AI algorithm , and that can Decapitalize a casino, but of course for something like that to happen they have to have a good time. time, because it has to be a robot that is very good but that is also like a human, not doing things so fast, but at the speed of a human.
If this type of technology can be developed, it is a fact that things can change and we do not have to make or take much more radical decisions, which is why we have to see this AI as a way to Help and not to cheating, this is something that People can Always generate as an action to perform better in things.
As technology advances, perhaps AI too, then a caisno cannot sleep with security options , he has to be very aware of this.
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adpinbr
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March 06, 2024, 06:49:07 PM |
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Yes, if really IA will affect gambling which means that will be a major issue in the winning rates of the gamblers so therefore I am not thinking that this will be easily possible for gambling to let AI affect it, this is because some people that usually sit at home predict and think and analyze before they play,They will be lazy to do so because of they already knew that AI is the possible way for them and don’t you think they will win massively and some gambling we crash down because of the help of the AI, which we are going right now, I am thinking that it’s may affect gambling, but it has not been proven yet, but such things shouldn’t happen If not the rate of winning will be something unbearable. Lots of people may decide just to buy some AI machines just for prediction to themselves.
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madnessteat
Legendary
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March 06, 2024, 06:56:36 PM |
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AI in the next few years will significantly affect almost all spheres of our lives and will put millions of people out of work. But if we talk about gambling, I don't think we will see significant changes. Even if AI will predict the results of upcoming matches, it will change the evaluation of odds, which will have almost no effect on the average bettor, because any prediction takes into account the odds.
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