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Author Topic: 🤖 AI - The Future of Cryptocurrencies and Gambling  (Read 216 times)
fikrett
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September 11, 2024, 06:20:11 AM
 #21

I'm thinking now, what use could artificial intelligence bring to the gaming industry? Perhaps it can be used to calculate odds. AI can be used in general to process large arrays of statistics on sports matches. But AI, in my opinion, can be used mainly in sports betting, in the casino industry it is more or less useless. The only place in the casino industry where AI could be useful is in the development of new casino games. Although, in my opinion, ordinary people can do this just fine, AI is not needed for this. It turns out that only for more convenient calculation of odds on matches.

I agree.
It would be cool, but mostly for sports betting.
The use-cases for it are hugeeee, though, a lot of possibilities Grin
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September 11, 2024, 08:52:18 AM
 #22

AI being artificial intelligence was created to mimicking humans and I can say that it has been doing great for what it was created for. I see AI as a helper/assistant of human in his or her daily activities. AIs are not better than human because if they are left alone, they can not do anything in their own but they work with algorithm, they process their information and produce results based on already made information, and because they are AI functioning on preprocessed information, they can produce a quick and fast results within a short period of time that humans can not be able to come up with the result so quickly.

AIs can be able to dive into the crypto market, feed on previous and current crypto related news and come up with the result for the token or coin you should trade, and they can do this within a short period of time but it can take a human longer time to make that same prediction because human will also use different tools and perimeters to determine the future price of an asset.

AI can also make prediction in the casino using every information they can get about the game to make their prediction.

In conclusion, AI is fast because they use seconds or minutes to produce a result but human can take a bit longer but that doesn't make them to be better than human, perhaps they uses a collective data of human information.

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September 11, 2024, 02:46:55 PM
 #23

It is true that AI will takes away the job if human can not improve their skill. The companies doesn't want to pay much cost to running their business so they will use AI to help them. AI now better than before although that need to be explored until we find what we want.

We hope AI can be besides us daily and help us to solve the challenge with better. We now see AI has been used in trading and other businesses which mean that gambling apply into gambling industry. When AI has been work better, we can ask AI to search for what we looking for and many information will be given by the AI.

An expert still explored what kind of AI that human needs because we have so many things to do including gambling. If AI can be used in gambling, maybe that can give us a chance to win. But we need to be patience to wait for AI that will be used in gambling so we can learn how to use it.

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September 12, 2024, 04:36:20 PM
 #24

It is true that AI will takes away the job if human can not improve their skill. The companies doesn't want to pay much cost to running their business so they will use AI to help them. AI now better than before although that need to be explored until we find what we want.

We hope AI can be besides us daily and help us to solve the challenge with better. We now see AI has been used in trading and other businesses which mean that gambling apply into gambling industry. When AI has been work better, we can ask AI to search for what we looking for and many information will be given by the AI.

An expert still explored what kind of AI that human needs because we have so many things to do including gambling. If AI can be used in gambling, maybe that can give us a chance to win. But we need to be patience to wait for AI that will be used in gambling so we can learn how to use it.
In my opinion, this issue of the influence of AI on the entire gambling industry has already been discussed somewhere here in the Gambling section of our forum. And the forum supporters noted in their posts that AI will only spoil the atmosphere of the game when it comes to games based on psychological manipulation (for example, they were talking about poker). In this case, AI is simply superfluous in such a game, even if it plays for one of your opponents. It is better and more interesting to play poker with real people. If we are talking about games with provable fairness and random algorithms, then AI is also not particularly capable of providing, but, of course, if there are no frauds and manipulations with numbers in this game. So the use of AI in gambling is very ambiguous. And most likely there are more minuses than pluses from this.

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tread93
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September 12, 2024, 06:31:04 PM
 #25

AI - The Future of Cryptocurrencies and Gambling: An Importance That Can't Be Ignored

Introduction: 
Hello, dear BTC Bitcointalk users! I would like to discuss with you an extremely important topic - the importance of artificial intelligence (AI) in the crypto and cryptocasino industry. In my opinion, many of us are missing the opportunity to truly take advantage of all the opportunities that AI provides. This is either due to lack of awareness or doubt. However, if you recall the history of BTC Bitcoin, many people didn't believe in its success at the beginning either, and those who believed and supported the technology then, understand me perfectly well today.

We are standing on the threshold of a new era - the era of AI. As Alvin Toffler said: 
Quote
The illiterate of the 21st century will not be those who cannot read and write, but those who cannot learn, unlearn, and learn again.
 
Artificial Intelligence is the very skill that needs to be mastered so that we don't miss out on the future.

Why is AI so important to the crypto industry?.

AI has the potential to be a game changer for the cryptocurrency industry. It is already being actively used to automate trading, predict cryptocurrency prices, and defend against cyber threats. Studies show that using AI to analyze data can improve trading efficiency by 20-30%. Such solutions allow processing huge amounts of information, which is not available to the human brain in such a short period of time. For example, AI trading can track market patterns and historical data, allowing traders to make informed decisions.

Fact: According to MarketsandMarkets, the artificial intelligence market will grow from $58.3 billion in 2021 to $309.6 billion by 2026. This points to the huge promise of the technology, which is, in fact, already beginning to shape the future of cryptocurrencies.

AI in Cryptocasinos and Online Gaming: New Horizons

AI is also playing an important role in the gambling industry. Through personalized algorithms, it improves the user experience by making suggestions and recommendations more accurate and tailored to each player. This allows casinos to not only retain users but also increase their loyalty. For example, AI can analyze players' preferences and offer them bonuses or games that match their playing style.

As Steve Jobs said: 
Quote
Innovation is what separates the leader from the follower.
 
Artificial intelligence technologies are already becoming a critical tool for creating a competitive advantage in the gambling industry.

Fact: According to research, more than 60% of major online casinos are already using AI to improve their operations, whether it's anti-fraud or risk management.

The Future of AI: Opportunities that are no longer worth missing

You may have heard concerns that AI will “take away” jobs. It's true that many occupations may change, but don't forget that AI is also creating new jobs and expanding horizons. The GPT technologies created by OpenAI provide an opportunity for developers and companies to create innovative products based on AI. The GPT-Next is expected to be released this year, which OpenAI claims will 100 times outperform current solutions.

As Sun Tzu said: 
Quote
Victory is achieved by those who are prepared in advance.
 
AI is the kind of technology that needs to be explored and implemented now to keep up with the competition in the future.

Conclusion: The future belongs to those who see the possibilities

Like BTC Bitcoin in its time, AI is causing a lot of controversy and doubt. But, as with cryptocurrency, those who support the technology in its early stages will be able to maximize the benefits in the future. Artificial intelligence is not just a tool, it is the future that is already here. And now it's up to us to decide whether we will be observers or active participants.



Discussion:
I propose to discuss the importance of AI and its everyday use in this thread. What prospects and opportunities do you see for implementing AI in your projects? What impact will it have on cryptocurrencies and gambling in the coming years?

If I posted in the wrong thread, I ask moderators or forum members to direct the discussion in the right direction.



I feel like there is definitely a way to make some kind of auto trader bot that gives you much better odds when placing bets and there are tons of people that do it and I can for sure be used as a tool to help become more profitable and increase your odds

dake.gg (OP)
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September 14, 2024, 03:18:54 PM
 #26

AI - The Future of Cryptocurrencies and Gambling: An Importance That Can't Be Ignored

Introduction: 
Hello, dear BTC Bitcointalk users! I would like to discuss with you an extremely important topic - the importance of artificial intelligence (AI) in the crypto and cryptocasino industry. In my opinion, many of us are missing the opportunity to truly take advantage of all the opportunities that AI provides. This is either due to lack of awareness or doubt. However, if you recall the history of BTC Bitcoin, many people didn't believe in its success at the beginning either, and those who believed and supported the technology then, understand me perfectly well today.

We are standing on the threshold of a new era - the era of AI. As Alvin Toffler said: 
Quote
The illiterate of the 21st century will not be those who cannot read and write, but those who cannot learn, unlearn, and learn again.
 
Artificial Intelligence is the very skill that needs to be mastered so that we don't miss out on the future.

Why is AI so important to the crypto industry?.

AI has the potential to be a game changer for the cryptocurrency industry. It is already being actively used to automate trading, predict cryptocurrency prices, and defend against cyber threats. Studies show that using AI to analyze data can improve trading efficiency by 20-30%. Such solutions allow processing huge amounts of information, which is not available to the human brain in such a short period of time. For example, AI trading can track market patterns and historical data, allowing traders to make informed decisions.

Fact: According to MarketsandMarkets, the artificial intelligence market will grow from $58.3 billion in 2021 to $309.6 billion by 2026. This points to the huge promise of the technology, which is, in fact, already beginning to shape the future of cryptocurrencies.

AI in Cryptocasinos and Online Gaming: New Horizons

AI is also playing an important role in the gambling industry. Through personalized algorithms, it improves the user experience by making suggestions and recommendations more accurate and tailored to each player. This allows casinos to not only retain users but also increase their loyalty. For example, AI can analyze players' preferences and offer them bonuses or games that match their playing style.

As Steve Jobs said: 
Quote
Innovation is what separates the leader from the follower.
 
Artificial intelligence technologies are already becoming a critical tool for creating a competitive advantage in the gambling industry.

Fact: According to research, more than 60% of major online casinos are already using AI to improve their operations, whether it's anti-fraud or risk management.

The Future of AI: Opportunities that are no longer worth missing

You may have heard concerns that AI will “take away” jobs. It's true that many occupations may change, but don't forget that AI is also creating new jobs and expanding horizons. The GPT technologies created by OpenAI provide an opportunity for developers and companies to create innovative products based on AI. The GPT-Next is expected to be released this year, which OpenAI claims will 100 times outperform current solutions.

As Sun Tzu said: 
Quote
Victory is achieved by those who are prepared in advance.
 
AI is the kind of technology that needs to be explored and implemented now to keep up with the competition in the future.

Conclusion: The future belongs to those who see the possibilities

Like BTC Bitcoin in its time, AI is causing a lot of controversy and doubt. But, as with cryptocurrency, those who support the technology in its early stages will be able to maximize the benefits in the future. Artificial intelligence is not just a tool, it is the future that is already here. And now it's up to us to decide whether we will be observers or active participants.



Discussion:
I propose to discuss the importance of AI and its everyday use in this thread. What prospects and opportunities do you see for implementing AI in your projects? What impact will it have on cryptocurrencies and gambling in the coming years?

If I posted in the wrong thread, I ask moderators or forum members to direct the discussion in the right direction.



I feel like there is definitely a way to make some kind of auto trader bot that gives you much better odds when placing bets and there are tons of people that do it and I can for sure be used as a tool to help become more profitable and increase your odds

Indeed, artificial intelligence-based betting bots are a good idea, and the potential is huge. They can process huge data and make decisions at a speed incomparable to the human brain, which will undoubtedly allow people to improve their betting strategies and reduce risks. However, we should not forget that no artificial intelligence can guarantee a profit — the whole principle of gambling is based on the element of chance.

It can also help to improve outcomes with more specific information or predictions, but again this does not mean that artificial intelligence technology will be able to fully control or predict outcomes. So, while profitability can be improved as an end result when using AI, one must be realistic in their expectations so as not to be completely dependent on its use for success.

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September 14, 2024, 09:58:13 PM
 #27

Artificial intelligence technologies are already becoming a critical tool for creating a competitive advantage in the gambling industry.

Fact: According to research, more than 60% of major online casinos are already using AI to improve their operations, whether it's anti-fraud or risk management.
LOL you mean AI is good for crypto gambling because it is helping casinos to make more money from their customers by spotting more quickly players who manage to earn few dollars through few bonuses, promotions or tournaments?

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