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Author Topic: Is AI going to affect gambling in any way ?  (Read 1824 times)
danherbias07
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March 18, 2024, 10:16:42 AM
 #141

I think both gamblers and casinos/sportbooks will try and get some advantage out of the AI technology. The only question is who is going to do it better and faster. Most likely it'll be casinos who can do a faster job since they have a larger amount of funds to invest into it and they are also the ones to set the rules of playing, therefore even if some people manage to find some ways to use AI to increase their chances of winning, casinos will quickly spot that and introduce new rules and regulations on their platforms.
Maybe. But I doubt many people will use an application that relies on AI for gambling purposes. Just like today, it is not really being used for that but mostly like a Google search only to receive faster and more reliable answers.
Considering how much the price would be, I would rather use that money for gambling than risk what could be a waste of money or a good one. We don't know that yet. Chances of the AI just giving us tips and advice will be there but it could never answer an accurate result of betting because it's supposed to be unpredictable. AI is not like a crystal ball that will tell us the future, it just relies on whatever is written on the internet and uses all of that to summarize a game's history and probably the chances only.
When it comes to that, I still believe the human analysis is far better than relying on them. Then there are the instincts of the people that cannot be copied by the AI. Sometimes that's all we need to win a bet.

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kotajikikox
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March 18, 2024, 11:06:10 AM
 #142

AI not gonna do shit with game that 100% relies on odds but might play a big role to play the game where it requires intelligence to win.
therefore there's no need to worry about someone utilizing AI against you maybe they just utilize the information and thats it.
exactly what is the concern of actuallyit is not about the players but the owner and casino teams in which will be affected once the
AI get into the bets because those games that can be beaten by technology will surely take a big role.
Quote
but i will be waiting the day when there will match of AI vs AI in various game since I know eventually it will be a thing and the one that determine the win
will be how better the AI is created and the data it got trained its gonna be really good match since we are full of AI innovation nowaday in various sector then might as well create a game for them
because it won't hurt seeing AI against AI, i mean people are already kinda enjoying such game these days where they just like to bet from the side as a watcher.
if its gonna be a thing i guess its gonna intrigue many people.
How would that be a better to bet? with AI vs AI games?
meaning is this a game where the best computer programmer will win?

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March 18, 2024, 12:03:24 PM
 #143

I think both gamblers and casinos/sportbooks will try and get some advantage out of the AI technology. The only question is who is going to do it better and faster. Most likely it'll be casinos who can do a faster job since they have a larger amount of funds to invest into it and they are also the ones to set the rules of playing, therefore even if some people manage to find some ways to use AI to increase their chances of winning, casinos will quickly spot that and introduce new rules and regulations on their platforms.
Maybe. But I doubt many people will use an application that relies on AI for gambling purposes. Just like today, it is not really being used for that but mostly like a Google search only to receive faster and more reliable answers.
Considering how much the price would be, I would rather use that money for gambling than risk what could be a waste of money or a good one. We don't know that yet. Chances of the AI just giving us tips and advice will be there but it could never answer an accurate result of betting because it's supposed to be unpredictable. AI is not like a crystal ball that will tell us the future, it just relies on whatever is written on the internet and uses all of that to summarize a game's history and probably the chances only.
When it comes to that, I still believe the human analysis is far better than relying on them. Then there are the instincts of the people that cannot be copied by the AI. Sometimes that's all we need to win a bet.

I think people only see and judge from one side about this AI, they see AI in terms of its sophistication where it is a smart robot that can tell you about various things in the world such as maybe giving you answers to some questions that can give you insight into some things but it also has limits or that means not everything you can rely on AI, and I agree with you that this AI is like Google where you can get information that has been provided by several parties who contribute to google services to make it easier for everyone to do their business.

Yes it is true and in accordance with what I have in mind that most likely AI will only provide some suggestions related to the gambling you are asking but all of that is nothing more than a theory and this system will not be able to provide you with information regarding what will happen in the future, while gambling is always unpredictable because you will only know the actual results when you have completed the session and that means most likely AI will not be able to be an alternative to lead you to victory, it still ultimately refers to luck.

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March 18, 2024, 05:49:33 PM
Last edit: March 18, 2024, 06:17:44 PM by STT
 #144

If AI is correctly valued it will have to alter everything, every aspect of your life in some way.  Not just car navigation but everything possible involving data or tasks that enhance usage of that product in some way.     Cars are especially relevant because its an expensive product and many mistakes are possible, getting lost is easy with  road signs and safety is an issue;  AI can improve all those things so its a given.

Gambling also is an expensive product at times, depending how much you gamble but we cannot deny there is alot of money won and lost in gambling its big.    Also gambling often involves odds and data and tracking games with sports bets especially.   I cannot imagine AI wont find a way to help some people, if you have a product already helping some its only a matter of time before it will be available to help all people at some level.

  Could take years not sure but markets expect a world revolution from AI and nothing less.

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March 18, 2024, 11:32:44 PM
 #145

So, I don't think that AI can affect gambling, especially if we talk about gambling games, I don't think any AI model will ever be able to make someone win in a gambling game more often than they usually do because randomly generated results can't be guessed even by AI models, no matter how good an AI is.

I didn't think AI can affect luck based games too, AI is advancing the way we do somethings and that's the way it can affect gambling as it'll affect the way we gamble. With AI, artificial reality will be improved and this is how AI is going to influence the gambling industry not with the prediction of games as AI can't predict games currently. AI had been used to try and predict sport games and many of them failed to get it correctly as sports game doesn't depends on data that AI depends on.

Don't trust any game that AI predicted, when it comes to gaming AI can't be more lucky as you. Gambling depends on luck as having more intelligence or experience won't work for you most of the time when gambling and this is the reason why an inexperienced gambler can win big amount of money but an individual that has been gambling for a very long time won't have the luck to win.that big as she's not lucky.

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March 19, 2024, 01:07:38 AM
 #146

I think AI technology has a big impact on people who are lazy to think and only rely on AI technology to find answers. In gambling, in my opinion, AI technology currently does not have a significant impact, but whether in the future it will continue to develop and advance, AI technology will also keep up with the times. When it comes to online gambling, is there AI technology that can detect wins and losses in a bet? If there is, in my opinion, gambling will not be more extreme and full of sensation because gamblers can only guess through AI and if it exists, AI will have a big influence on the luck that gamblers will get.
I don't know why some people don't understand that your luck can't be influenced by anything, even AI. An AI model can barely be able to make a correct sports betting prediction, it might only be able to assist you with your research and analysis about a certain sports event that you are willing to bet on, and even then, you will have to recheck all the facts and figures provided by the AI model because they are not perfect, they won't be.

So, I don't think that AI can affect gambling, especially if we talk about gambling games, I don't think any AI model will ever be able to make someone win in a gambling game more often than they usually do because randomly generated results can't be guessed even by AI models, no matter how good an AI is.

Maybe what you say is true, that actually Al cannot predict lucky results in gambling, but perhaps some gamblers who use Al are just trying to find out or help them analyze how gambling actually is with methods or strategies to help make playing easier.
Yes, I don't know, but here it comes back to each individual, do we believe more in the abilities we have or believe more in modern technology which is considered very helpful. and what we really have to understand is that it is the host who decides everything, they can easily make decisions.

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arjunmujay
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March 19, 2024, 01:38:28 AM
 #147

I think AI technology has a big impact on people who are lazy to think and only rely on AI technology to find answers. In gambling, in my opinion, AI technology currently does not have a significant impact, but whether in the future it will continue to develop and advance, AI technology will also keep up with the times. When it comes to online gambling, is there AI technology that can detect wins and losses in a bet? If there is, in my opinion, gambling will not be more extreme and full of sensation because gamblers can only guess through AI and if it exists, AI will have a big influence on the luck that gamblers will get.
I don't know why some people don't understand that your luck can't be influenced by anything, even AI. An AI model can barely be able to make a correct sports betting prediction, it might only be able to assist you with your research and analysis about a certain sports event that you are willing to bet on, and even then, you will have to recheck all the facts and figures provided by the AI model because they are not perfect, they won't be.

So, I don't think that AI can affect gambling, especially if we talk about gambling games, I don't think any AI model will ever be able to make someone win in a gambling game more often than they usually do because randomly generated results can't be guessed even by AI models, no matter how good an AI is.

Maybe what you say is true, that actually Al cannot predict lucky results in gambling, but perhaps some gamblers who use Al are just trying to find out or help them analyze how gambling actually is with methods or strategies to help make playing easier.
Yes, I don't know, but here it comes back to each individual, do we believe more in the abilities we have or believe more in modern technology which is considered very helpful. and what we really have to understand is that it is the host who decides everything, they can easily make decisions.
In fact, AI was created to help human work, not replace humans, especially in decision making. in this case, it is very appropriate to use AI to search for information faster and deeper. it can be about the progress of the chosen team, what the latest conditions are and so on. This can be done to help us make decisions when betting.

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March 19, 2024, 03:15:32 AM
 #148

that be a better to bet? with AI vs AI games?
meaning is this a game where the best computer programmer will win?
its definitely a game based on the capabilities of AI we all know football club got better odd of winning if team consists of good players and has been consistently winning previous matches.
same with AI if the data used to train the AI is good it might results victory and there will be statistics to determine.
I mean AI nowaday is literally just garbage in garbage out we put garbage data we got garbage AI therefore it will become edge for anyone trying to win match for a game where AI against AI to supply the sufficient data and we all know development always dynamically changing.

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March 19, 2024, 08:09:02 AM
 #149

~snip~
I didn't think AI can affect luck based games too, AI is advancing the way we do somethings and that's the way it can affect gambling as it'll affect the way we gamble. With AI, artificial reality will be improved and this is how AI is going to influence the gambling industry not with the prediction of games as AI can't predict games currently. AI had been used to try and predict sport games and many of them failed to get it correctly as sports game doesn't depends on data that AI depends on.

Don't trust any game that AI predicted, when it comes to gaming AI can't be more lucky as you. Gambling depends on luck as having more intelligence or experience won't work for you most of the time when gambling and this is the reason why an inexperienced gambler can win big amount of money but an individual that has been gambling for a very long time won't have the luck to win.that big as she's not lucky.

In sports betting there is a way to make money with AI actually.

Casinos have to evaluate the odds of something happening, and set the payment for it.

If their system is not as good as an AI, then your AI can spot the difference in the odds, and suggest you to bet on that.

Let's say for example the AI knows a strange fact not well known by the casino, and uses that information to get a different probability of something happening. That's your way for making money with AI.
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March 20, 2024, 04:41:36 AM
 #150

I tried to ask them to Gemini Google AI and he answered me like this "AI is already affecting gambling in numerous ways, and it's likely to continue doing so in the future" so whether you like it or not the AI is most likely going to affect the gambling too, maybe in personalized game or user behaviour its kinda crazy if AI play with our data but it is what it is
Just that? No explanation whatsoever? What makes you believe what it said is accurate and not some recycled clickbait titles from internet articles? Why not ask others like Cortana, or other ChatGPT-based AI too? Is Gemini that good? I'm not familiar with them and when I try to access the website it just throws an error, likely because I block any cookies and use strict privacy policy by default. That's a fair trade if it means Google won't scrap my data any further.

Update and I'm curious because you asked hahahha  Grin Now Im gonna ask Bing Auto Pilot and ChatGpt and the answer is like this :

ChatGPT said this :

Yes, AI is already significantly impacting the gambling industry and will continue to do so in various ways:

Predictive Analytics, Fraud Detection, Personalized Recommendations, Responsible Gambling Tools, Game Development, Risk Management, Market Analysis

Overall, AI is poised to continue shaping the gambling industry by enhancing efficiency, improving user experiences, and addressing regulatory and ethical considerations. However, it also raises concerns about privacy, fairness, and addiction that need to be carefully addressed as these technologies evolve.

While the Copilot said almost the same thing  :

Certainly! Artificial Intelligence (AI) is already having a significant impact on the gambling industry, particularly in sports betting. Let’s explore how AI is transforming this field:

Predictive Analytics, Personalized Betting Experiences, Enhanced Security and Responsible Gambling

In summary, AI is rewriting the rules of sports betting, making it more advanced, user-friendly, and precise. Whether you’re a seasoned bettor or a casual player, AI is shaping the future of gambling


I don't know what companies that using AI for now but I do believe there is one or two companies that already use it.

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March 20, 2024, 09:33:22 AM
 #151

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.

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March 21, 2024, 03:05:25 PM
 #152

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.

Luck cannot really be manipulated.

If you really look into it basically luck means a boring math definition.

It's simply the odds of winning a bet, that in the case of gambling it is negative, that is the house almost always win.

That's pretty much it, but "luck" has the connotation that you win. So it is kinda like a wonderful thing, so it is always described as that.
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March 21, 2024, 09:11:58 PM
 #153

In fact, AI was created to help human work, not replace humans, especially in decision making. in this case, it is very appropriate to use AI to search for information faster and deeper. it can be about the progress of the chosen team, what the latest conditions are and so on. This can be done to help us make decisions when betting.
An AI that is proficient enough can replace a human on an activity, and this is something that is already taking place all over the world and on many different fields, so it is not surprising that bettors are thinking of ways to use an AI to achieve the same result and replace themselves for an AI that can do a better job as a sport bettor or poker player, however in the case this were to happen, I am sure casinos will eventually put a rule against it, and anyone that is detected using an AI to gamble could be banned from gambling at that casino ever again.
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March 21, 2024, 10:14:38 PM
 #154

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 has a limit to what they can do, and it's not all games that they can predict; there are games for which even the casino owners don't know what the result will look like. Those games whose numbers are randomly generated can't be predicted by AI because the result can't be known; it's just a game of luck. 
 
But when it comes to those games that can be mathematically solved, then AI's might perform very well in that area, and any casino that they deploy to operate will suffer a heavy exploit during that period unless they take quick action.

Just as humans can't always be correct with their predictions, AI's will also make mistakes sometimes, and the person who deploys them will lose money too. But if they are perfectly programmed for gambling, then yes, there will be a negative effect on the casino.

 
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arimamib
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March 21, 2024, 10:20:28 PM
 #155

In fact, AI was created to help human work, not replace humans, especially in decision making. in this case, it is very appropriate to use AI to search for information faster and deeper. it can be about the progress of the chosen team, what the latest conditions are and so on. This can be done to help us make decisions when betting.
In activities like betting where having access to up-to-date and relevant data, AI is an upgraded tool for making informed decisions. Leveraging AI to gather and analyze information quickly and comprehensively can be incredibly beneficial. Utilizing AI to track the progress of selected teams, assess current conditions, and analyze trends, people can enhance their decision-making process when it comes to betting. AI algorithms can process vast amounts of data in a fraction of the time it would take a human. It's able to provide valuable insights and help to identify potential opportunities or risks more efficiently.

AI can be a powerful tool in decision-making, but it should be used as a complement to human judgment rather than a substitute. Human intuition, creativity, and critical thinking skills still play a vital role in interpreting AI-generated insights and making final decisions. Therefore, integrating AI into the process of betting can indeed be advantageous.

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March 21, 2024, 10:27:51 PM
 #156

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 has a limit to what they can do, and it's not all games that they can predict; there are games for which even the casino owners don't know what the result will look like. Those games whose numbers are randomly generated can't be predicted by AI because the result can't be known; it's just a game of luck.
 
But when it comes to those games that can be mathematically solved, then AI's might perform very well in that area, and any casino that they deploy to operate will suffer a heavy exploit during that period unless they take quick action.

Just as humans can't always be correct with their predictions, AI's will also make mistakes sometimes, and the person who deploys them will lose money too. But if they are perfectly programmed for gambling, then yes, there will be a negative effect on the casino.
And you think the owners of these casino won't also make it difficult for gamblers to use AI to get the winnings ? Because I believe that their business would slowly crumble if AI  was to be able to bring gambling closer to the edge of making beautiful winnings. For me the casino owners might probably alternate to the scrambling of such games that gives the AI an edge because I believe the casino is actually a business and the only wey they make profits is when the customer lose out them.

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March 21, 2024, 10:35:29 PM
 #157

An AI that is proficient enough can replace a human on an activity, and this is something that is already taking place all over the world and on many different fields, so it is not surprising that bettors are thinking of ways to use an AI to achieve the same result and replace themselves for an AI that can do a better job as a sport bettor or poker player, however in the case this were to happen, I am sure casinos will eventually put a rule against it, and anyone that is detected using an AI to gamble could be banned from gambling at that casino ever again.
This is true. Before, I am not believing such things about AI and probably most of us have been glorifying it that it's going to replace jobs but I am starting to see the light and it's actually really changing a lot of things like Devin, an AI software engineer: https://devinai.ai/
So, this got me thinking that if it's already changing the game for software engineers then, soon, there can be some correlation of it with the gambling industry but just how I am curious before. I have no idea yet on how they're going to do it. Maybe in the side of the casinos that many of their staff will be laid off and they'll be replaced by the AI that are going to have definite function within their organization. And when that happens, we'll start to see a lot of them has to change their ways too and upgrade the skills that they have. As a gambler, I don't see anything that's going to affect but I am feeling bad for those hardworking people that will be replaced by these AIs.

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Odusko
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March 21, 2024, 10:38:21 PM
 #158

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 casinos won't be among things that AI will have success in, this is very important because casinos are for money making and for that they will put everything in place to avoid any form of dominance of their platform that could put them in any disadvantage position that can effect their revenues, and secondly casinos have a fixed system that put the house edge over every other thing and that eliminate the possibility of AI even before it starts.
Most of the time casino are ahead of such development AI may only be used by gambler's to gather information on the teams and games based on just analysis but it can act accordingly when involved in decisions process while the game inla on.

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March 22, 2024, 03:35:52 AM
 #159

In fact, AI was created to help human work, not replace humans, especially in decision making. in this case, it is very appropriate to use AI to search for information faster and deeper. it can be about the progress of the chosen team, what the latest conditions are and so on. This can be done to help us make decisions when betting.
An AI that is proficient enough can replace a human on an activity, and this is something that is already taking place all over the world and on many different fields, so it is not surprising that bettors are thinking of ways to use an AI to achieve the same result and replace themselves for an AI that can do a better job as a sport bettor or poker player, however in the case this were to happen, I am sure casinos will eventually put a rule against it, and anyone that is detected using an AI to gamble could be banned from gambling at that casino ever again.
I think it is still not accurate to say that it is a substitute for humans. If it is said to be a substitute, it means that all gambling activities are carried out by AI. starting from recognizing, and deciding to place a bet. Maybe we can, but if we only focus on AI, of course we won't be able to control the game ourselves. Everything will be controlled by AI, maybe even until your money runs out.

In fact, AI was created to help human work, not replace humans, especially in decision making. in this case, it is very appropriate to use AI to search for information faster and deeper. it can be about the progress of the chosen team, what the latest conditions are and so on. This can be done to help us make decisions when betting.
In activities like betting where having access to up-to-date and relevant data, AI is an upgraded tool for making informed decisions. Leveraging AI to gather and analyze information quickly and comprehensively can be incredibly beneficial. Utilizing AI to track the progress of selected teams, assess current conditions, and analyze trends, people can enhance their decision-making process when it comes to betting. AI algorithms can process vast amounts of data in a fraction of the time it would take a human. It's able to provide valuable insights and help to identify potential opportunities or risks more efficiently.

AI can be a powerful tool in decision-making, but it should be used as a complement to human judgment rather than a substitute. Human intuition, creativity, and critical thinking skills still play a vital role in interpreting AI-generated insights and making final decisions. Therefore, integrating AI into the process of betting can indeed be advantageous.
I agree with you, the use of AI to obtain information is very good, especially the use of real-time AI (of course paid). If you use free AI to collect detailed information, it might be possible, but it's not real-time and accurate.
Many gamblers use AI tools as a means of game analysis, but the decision maker is still the gambler himself

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March 22, 2024, 10:44:34 AM
 #160

In sports betting there is a way to make money with AI actually.

Casinos have to evaluate the odds of something happening, and set the payment for it.

If their system is not as good as an AI, then your AI can spot the difference in the odds, and suggest you to bet on that.

Let's say for example the AI knows a strange fact not well known by the casino, and uses that information to get a different probability of something happening. That's your way for making money with AI.
I would guess that it is at the infancy stages and not really working all that well right now. I have seen the works of it, there was an AI software that tried to predict how the games could go, but it was about soccer and even the players themselves don't know how it will be and how they will play, things change a lot.

This is why there is this randomness impacted into it, and yes the better team usually wins, that's why they are the champions or at the top, but the randomness makes it so that the best team can't win all the games, and sometimes loses to an unexpectedly bad team. This means that AI can't really predict everything, it can try to do whatever they try to do and that would definitely be something to look for without a doubt.

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