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Author Topic: Is AI going to affect gambling in any way ?  (Read 1656 times)
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March 23, 2024, 03:39:54 PM
 #161

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.

Well as far as I'm concerned things with this can happen in different ways, first if we use an AI for whatever, is it not as developed as many believe, that it can replace the human being? I think not yet, just for some tasks, but it is not something that is very decisive, however things can happen very well if it does not work properly, I am not able to fully pay attention to an AI because mostly Things can go wrong because they can give very general Answers, something will always give results that are not so specific, also seeing things as they go, it is always necessary to do a good analysis of things, we cannot continue thinking that an AI is The solution to everything, casinos I don't know if they should worry about AI, maybe later when AI takes more development.

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March 23, 2024, 04:04:16 PM
 #162

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.

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March 24, 2024, 10:41:21 AM
 #163

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.



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March 24, 2024, 10:50:32 AM
 #164

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 ?
Maybe you should have started by telling us how you think it can have a major impact in the gambling industry. If you meant casino companies using AI to make their job easy in certain areas, then it is something that can happen, if it is not already, but if you meant gamblers using it to get their predictions correct, then no way; they are going to get many of it wrong and people who use it will lose money. It is better to do your own research, analysis or whatever and just put a little money on it, what's the use of AI in things like this.

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March 24, 2024, 11:16:22 AM
 #165

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 ?
Maybe you should have started by telling us how you think it can have a major impact in the gambling industry. If you meant casino companies using AI to make their job easy in certain areas, then it is something that can happen, if it is not already, but if you meant gamblers using it to get their predictions correct, then no way; they are going to get many of it wrong and people who use it will lose money. It is better to do your own research, analysis or whatever and just put a little money on it, what's the use of AI in things like this.
AI would make our job easy like making a research about a certain game, usually apply in sports betting as i don't see it will work in a casino games where huge house edge are in place. With sports handicapping which is necessary, we can use an AI to provide us the necessary important we can use as a basis, however, it doesn't still guarantee a win, so overall there's no significant impact at all on chances of winning.

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March 24, 2024, 11:46:08 AM
 #166

Yes, AI is poised to revolutionize gambling through enhanced analytics, personalized experiences, risk management, game development, and regulatory compliance.
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March 24, 2024, 01:15:38 PM
 #167

Of course.... from both pov , namely gamblers and platform owners can use AI as a tool for their assistance. AI adoption is likely to increase over time, considering that each platform requires different AI models.

I read a lot of articles about AI and gambling, and one thing that is interesting to me is that platforms can use AI to find out strange patterns in gamblers' bets that allow cheating, thereby preventing cheating in gambling itself.

Meanwhile, from a gambler's point of view, well... maybe silly predictions can be a reference for gamblers to bet on sports betting. yeah... you know that AI is quite good at managing historical data, so it's only natural that this machine can generate its own opportunities.
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March 24, 2024, 01:24:32 PM
 #168

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.
Well, I'm not really into making bets based on instincts, but I agree with you that sometimes it might work, and human analysis is without a doubt better than the analysis of an AI model because an AI model can miss a lot of points and things that a human eye and mind would never miss, things such as most recent injuries, fights inside the team or club, exchanges that aren't yet public, and much more.

All these things can be found and understood by a human but an AI model will struggle to find these things and that can reduce the winning probability of an AI's predictions.

So, I'm also a kind of a person who would rather make their bets using their own understanding than using an AI model or a bot or something.

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March 24, 2024, 03:11:05 PM
 #169

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.
Well, I'm not really into making bets based on instincts, but I agree with you that sometimes it might work, and human analysis is without a doubt better than the analysis of an AI model because an AI model can miss a lot of points and things that a human eye and mind would never miss, things such as most recent injuries, fights inside the team or club, exchanges that aren't yet public, and much more.

All these things can be found and understood by a human but an AI model will struggle to find these things and that can reduce the winning probability of an AI's predictions.

So, I'm also a kind of a person who would rather make their bets using their own understanding than using an AI model or a bot or something.
AI ain't got nothin' on gut instinct in gambling. Life ain't a spreadsheet, and neither are sports. Too many crazy factors, too much raw emotion... AI can't process all that

This whole push to hand the keys over to some computer... makes me laugh. Like a machine's gonna know the vibe in the locker room? The grudges, the off-field scandals? The data's just numbers, man. Doesn't tell the real story

See, trusting your gut over some AI, that's not just makin' a pick. That's saying, "I get the game, the people, the hidden stuff that really matters". That's what gambling's about. It's that test. You, your knowledge, against the whole damn world. The thrill ain't just winnin' money, it's proving to yourself that you saw something that algorithm never could

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March 24, 2024, 03:48:10 PM
 #170

Yes, AI is poised to revolutionize gambling through enhanced analytics, personalized experiences, risk management, game development, and regulatory compliance.

I don't know how far AI is in gambling but I did a bet with a friend of mine that he had the Premium version of ChatGPT 4.5 or something like that and told him I bet 10 dollars that you cannot find the name of my grandfather,to all my stunning he was able to come back to me just two days after and told me is this your grandfather name,he was absolutely right.I asked him how come an AI can do something like that and he told me that at the beginning it was difficult but after asking about some 30 questions he was able to get into the civil register and get the name there.

Hopefully one day this Premium version can have that much information and studies in order to give us some really nice prognostic for the sport games that we bet,so far I have not seen anything even in the Premium version so most likely we are going to wait sometime until AI to impact gambling.

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March 25, 2024, 07:31:35 AM
 #171

Yes, AI is poised to revolutionize gambling through enhanced analytics, personalized experiences, risk management, game development, and regulatory compliance.

"Enhanced analytics" and similar things are simply ways to make money by selling those stats, but in reality you can't make money by gambling with that information.

At the end of the day the odds are a given, and the more possible an outcome, the less the casinos will pay.

That's simply the reality.

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Kavelj22
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March 26, 2024, 05:41:18 PM
 #172

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.

It seems that you are very optimistic about the development that artificial intelligence can bring with it. I don't share the same ideas as you, and I don't think many do either. For a simple reason, which is that algorithmic equations cannot be developed in the interest of achieving greater returns for gamblers unless the house will achieve multiple times.
It would be good to employ artificial intelligence to develop the industry from various aspects, but I doubt that artificial intelligence will succeed in developing to the point where casinos will become losers or even their returns will decline. Users always believe that using artificial intelligence is always valid without taking into account all parties involved.

R


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March 26, 2024, 06:21:24 PM
 #173

Yes, AI is poised to revolutionize gambling through enhanced analytics, personalized experiences, risk management, game development, and regulatory compliance.

"Enhanced analytics" and similar things are simply ways to make money by selling those stats, but in reality you can't make money by gambling with that information.

At the end of the day the odds are a given, and the more possible an outcome, the less the casinos will pay.

That's simply the reality.
Yes, I also don't want to place a bet using analysis produced by other people and it would be better when placing a bet to analyze myself about the team I am going to place a bet on, because by analyzing it yourself of course you will be able to enjoy the win or loss from the results we get. own analysis and not based on other people's analysis.
I agree with what you are trying to describe, when the chance of winning is certain of course there is little chance that the casino will pay it out.

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March 26, 2024, 07:08:18 PM
 #174

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.
Exactly, gamblers uses Google for researching the points and quantities of teams performance, it's mostly used on sports games.  Today AI might not be used popularly but in future to come people will use it because modern days we people don't like stressing them self for anything, so AI will not become a threat to the house or to a gambler. What I believes is AI can not give us an accurate predictions, we need our own brain to do any predictions and AI is just an artificial intelligence that guides us in any thing that's deals on internet and the answers are not 100% sure mostly when it comes to predictions, not if you try to ask an AI the future price of Bitcoin you won't get the kind of answer you want because AI are not  a reliable source.

R


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March 26, 2024, 07:38:34 PM
 #175


"Enhanced analytics" and similar things are simply ways to make money by selling those stats, but in reality you can't make money by gambling with that information.

At the end of the day the odds are a given, and the more possible an outcome, the less the casinos will pay.

That's simply the reality.
Yes, I also don't want to place a bet using analysis produced by other people and it would be better when placing a bet to analyze myself about the team I am going to place a bet on, because by analyzing it yourself of course you will be able to enjoy the win or loss from the results we get. own analysis and not based on other people's analysis.
I agree with what you are trying to describe, when the chance of winning is certain of course there is little chance that the casino will pay it out.

It is true and indeed something that is more advisable which is better to gamble by using our own way and not rely on other people or AI-like systems, however gambling will still be an activity that can never be predicted accurately no matter how skilled you are which means that if the time is lost then yes you will lose or vice versa. And in addition for me gambling is a matter of luck which means when you are lucky then you will win, regardless of where you gamble even if you bet in the type of sports betting that does require skill to increase the possibility of victory but still ultimately will refer to luck because sometimes we often find some unexpected events on the field that make the situation turn around which there is a great possibility for your favorite team to end up losing.

On the other hand, of course, by gambling using our own way, we will really be able to enjoy the process whatever the results at the end of the session we do about winning or losing, so I think betting using other people's methods or depending on other people will not be completely influential.

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March 27, 2024, 10:18:38 AM
 #176

~snip~
Yes, I also don't want to place a bet using analysis produced by other people and it would be better when placing a bet to analyze myself about the team I am going to place a bet on, because by analyzing it yourself of course you will be able to enjoy the win or loss from the results we get. own analysis and not based on other people's analysis.
I agree with what you are trying to describe, when the chance of winning is certain of course there is little chance that the casino will pay it out.

Yeah, that's the end of it really.

Once something is a clear way of making money, the casinos will quickly change the rules or stop the bets, or change the odds, etc.

They are in control, so of course they will be reacting fast if suddenly they are losing money in a specific bet.

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South Park
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March 28, 2024, 07:26:16 PM
 #177

Exactly, gamblers uses Google for researching the points and quantities of teams performance, it's mostly used on sports games.  Today AI might not be used popularly but in future to come people will use it because modern days we people don't like stressing them self for anything, so AI will not become a threat to the house or to a gambler. What I believes is AI can not give us an accurate predictions, we need our own brain to do any predictions and AI is just an artificial intelligence that guides us in any thing that's deals on internet and the answers are not 100% sure mostly when it comes to predictions, not if you try to ask an AI the future price of Bitcoin you won't get the kind of answer you want because AI are not  a reliable source.
I really think that AI is being underestimated, Hollywood studios are already making use of AI to try to predict how a script could perform if it was actually made into a movie, so producers can compare that data with the expected cost to make it and market it and try to understand if the movie will give them profits, and all of this before they spend a single cent on making that movie, and if this can be done now, I do not see why an AI may not be used to try to predict the outcomes of sport matches.

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March 28, 2024, 08:52:32 PM
 #178

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.

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nullama
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March 29, 2024, 12:27:42 AM
 #179

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.

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betswift
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March 29, 2024, 03:19:43 AM
 #180

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 ?

Interesting points made here! I think AI could change how we approach gambling, offering deeper data analysis but possibly taking away some of the spontaneous fun of the game. It's a tool with limits, especially where luck’s involved!

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