The Role of AI in Gambling

[coin-investor]

With all of the hype surrounding AI, I wonder what impact will it have on the gambling industry? Perhaps, gamblers will experience more fairness and randomness when betting online. I mean, provably-fair casinos already exist. But AI can help improve them in the long run.

The casino industry is performing better, and you don’t fix what isn’t broken. Yes, a casino can experiment, but it’s an experiment that can backfire. The formula and the system are close to perfect for the casino operators, and it's been tested.
It’s the players that will experiment more on AI’s to try to beat the house, we have so many threads about AI usage by gamblers but until now nothing's been proven on luck based games on casinos, it may help them in sports betting but never on luck based games.

[Antotena]

With all of the hype surrounding AI, I wonder what impact will it have on the gambling industry? Perhaps, gamblers will experience more fairness and randomness when betting online. I mean, provably-fair casinos already exist. But AI can help improve them in the long run.

Feel free to share your opinion below. Thank you.

AI is modeling but does that mean all models are accurate? Definitely no. There is limitations to what public AI can do. Maybe there is an upgraded version that is been work on privately but sincerely there is noway AI can predict games and bets. Even with premium features, when you ask AI some questions, the response are not correct, they end up giving you wrong information because their knowledge is based on what's on the internet and what's beer fed to them during modeling.

That aside, if AI can really make gambling to be more easy to win, alot of gambling business are going to be in problems, they will go bankrupt and that's going to be a big blow on the gambling industry. Not going to lie, even the AI companies are going to use that opportunity to make sure they suck the living hell out of casino because who doesn't like free money? The gambling company will not survive this technology if they make bet to be easy.

[stompix]

With all of the hype surrounding AI, I wonder what impact will it have on the gambling industry?

Zero!
AI is meaningless, especially in gambling. Everything is already in place, being run by algorithms from your random bets to the odds the bookies make and how they adjust them. AI has been in gambling for decades, just under less fancy words.Nothing would change with "AI" since it will be the same humans who designed those algorithms now putting the same prompts into an LLM. The results will be exactly the same!

The only thing the new wave of AI models has brought to gambling is people making ads with it and using it for posts, and don’t expect anything more, because there’s no need for it!

[CryptoHeadlineNews]

With all of the hype surrounding AI, I wonder what impact will it have on the gambling industry? Perhaps, gamblers will experience more fairness and randomness when betting online. I mean, provably-fair casinos already exist. But AI can help improve them in the long run.

Feel free to share your opinion below. Thank you.

Despite the existence of A.I as a tool to help users facilitate activities, when it comes to gambling, I can literally just say that A.I can't do much work, most especially when gambling on luck base casino games, but though it could serve as a tool in getting more data for analysis for skill based casino games such as football, basketball or MMA. While secondly, with the use of A.I, it doesn't mean it's going to stop the casino from always been at advantage in terms of profit making, Because despite how fair a casino may claim, it will definitely not affect it's house edge. Hence, it's best newbies gamble responsibly.

[Nwada001]

..it really depends on whoever gets to use said ai because it can be used for manipulation and fabrication as well ai has many uses and one can make it do anything he pleases even if it’s morally wrong

You can make it do whateveryou please, but you can't make it beat the casino. No matter how the AI is programmed to help you win in gambling, there won't always be winning. The result you expect from it won't always be there. You might likely get a higher winning rate compared to your regular, but for how long will that continue, and how much will be spent on that AI to modify it in order to do what they want it to do, and will it be worth it?

[Floxynice]

With all of the hype surrounding AI, I wonder what impact will it have on the gambling industry? Perhaps, gamblers will experience more fairness and randomness when betting online. I mean, provably-fair casinos already exist. But AI can help improve them in the long run.

Feel free to share your opinion below. Thank you.

I've been thinking about how AI will be beneficial to gamblers, but I can't figure out anything tangible. Maybe it will somehow be useful to sports bettors in analyzing sports and giving out predictions. Since gambling is all about luck, maybe the gambler will become lucky with it.

Aside from this idea I can figure out in my head, AI will always favor the casinos, as they can use it to detect cheats and other gambling offenses. Let's not get too excited yet, the casinos still have the edge against us.

[rachael9385]

With all of the hype surrounding AI, I wonder what impact will it have on the gambling industry? Perhaps, gamblers will experience more fairness and randomness when betting online. I mean, provably-fair casinos already exist. But AI can help improve them in the long run.

Feel free to share your opinion below. Thank you.

I think as a gambler you shouldn't rely solely on AI because the AI can not be perfect as you think. AI have an advantage and disadvantage in the gamble industry. Gamblers can easily use it to analyze their predictions before making their decisions but as gambler you shouldn't rely solely on any AI because they are not guaranteed as you expect them to be. However, AI can be used to improve security on the platform but am not sure it's 100% guarantee.

[Dunamisx]

With all of the hype surrounding AI, I wonder what impact will it have on the gambling industry? Perhaps, gamblers will experience more fairness and randomness when betting online. I mean, provably-fair casinos already exist. But AI can help improve them in the long run.

Feel free to share your opinion below. Thank you.

The casinos will be able to talk more better on this by how the use of AI has helped them improve on the way they serve in gambling services more better than ever before, as for those who also often upgraded themselves in modern technology and software, they are also going to have this more applicable on building their sites, the games they offers, and the overall user interface we had with majority of these gambling platforms, in terms of beauty, additional services and offers and so on.

[Samlucky O]

With all of the hype surrounding AI, I wonder what impact will it have on the gambling industry?

I think with time AI will be useful in the gambling industry, it can be used to make analysis of past and previous results and use it for future prediction. There could be a lot of usefulness with AI but it will gradually unfold. It will only take time for that to happen. just the way AI has been so useful in our everyday life today so it will be useful to the gambling sector. Although It will be good to predictor and could be used  by the house as an edge against the betterors.

[Lida93]

..it really depends on whoever gets to use said ai because it can be used for manipulation and fabrication as well ai has many uses and one can make it do anything he pleases even if it’s morally wrong

You can make it do whateveryou please, but you can't make it beat the casino. No matter how the AI is programmed to help you win in gambling, there won't always be winning. The result you expect from it won't always be there. You might likely get a higher winning rate compared to your regular, but for how long will that continue, and how much will be spent on that AI to modify it in order to do what they want it to do, and will it be worth it?

The use of AI by gamblers to gamble under the thought that it can enhance the gambler's winning rate is what I perceive to be unrealistic for gamblers, except for the casinos. Now here is how. The casinos has the resources to avoid any form of AI to help sustain its house edge than what a gambler could be able to afford to beat their system with constant winnings as he wishes.

Except we will be going into  customer and casinos AI wars!

[Dunamisx]

I think with time AI will be useful in the gambling industry, it can be used to make analysis of past and previous results and use it for future prediction. There could be a lot of usefulness with AI but it will gradually unfold. It will only take time for that to happen. just the way AI has been so useful in our everyday life today so it will be useful to the gambling sector. Although It will be good to predictor and could be used  by the house as an edge against the betterors.

It has already been found more useful than ever, that is why most innovations these days base on the use of these same AI because they could achieve their required result more faster and accurately.

The use of AI is going more viral and nothing can stop the pace at which they are taking to this time, we can see how various corporations are keeping to its use and keep advancing in creating more of its kind.

[Ultegra134]

Zero!
AI is meaningless, especially in gambling. Everything is already in place, being run by algorithms from your random bets to the odds the bookies make and how they adjust them. AI has been in gambling for decades, just under less fancy words.Nothing would change with "AI" since it will be the same humans who designed those algorithms now putting the same prompts into an LLM. The results will be exactly the same!

The only thing the new wave of AI models has brought to gambling is people making ads with it and using it for posts, and don’t expect anything more, because there’s no need for it!

I agree, there's no way an AI model is capable of predicting a casino game accurately. These games run on algorithms we can't see from the casino's end; it's simply impossible. The randomness of these games has been set by the game providers. The only way I could possibly see AI assisting could be, perhaps, with sports gambling. One thought I had, which I don't know if it's even viable, would be for AI models to draw the last few matches of a specific team, conduct a statistical analysis based on the data it extracted, and come up with percentages/odds that could assist you in making the final bet.

This is only a thought of mine; I don't know if it's possible; it's not something I've read or tried myself.

[EarnOnVictor]

With all of the hype surrounding AI, I wonder what impact will it have on the gambling industry? Perhaps, gamblers will experience more fairness and randomness when betting online. I mean, provably-fair casinos already exist. But AI can help improve them in the long run.

Just like you, I wonder what AI would do in gambling, if not help the house further. Though it is a way to help the gambler get their outcome faster. But the question is, can the predictions of AI be 100% trusted? I doubt that!

Now, it's not about questioning their capabilities, but some technical issues. As we know, they can't be 100% trusted, can they? For me, I have my scepticism on AI, to be candid, and will tread carefully using them.

What if the creators are bribed or worse? Time will tell, but I suspect many inaccuracies that are not limited to internal issues with time.

[Findingnemo]

With all of the hype surrounding AI, I wonder what impact will it have on the gambling industry? Perhaps, gamblers will experience more fairness and randomness when betting online. I mean, provably-fair casinos already exist. But AI can help improve them in the long run.

Feel free to share your opinion below. Thank you.

If I am not wrong AI is used by the casino for years already for things like account verification, going through the betting history and find anything unusual and flag if there is an attempt to launder the money just by completing the wagering requirements and immeduately withdraw the funds from casino and these are the potential use cases anyway.

I don't know about the participation of games with AI, it has no use case here unless it's against a PvP game, and one is against players vs AI with different difficulty settings.

[DaNNy001]

With all of the hype surrounding AI, I wonder what impact will it have on the gambling industry? Perhaps, gamblers will experience more fairness and randomness when betting online. I mean, provably-fair casinos already exist. But AI can help improve them in the long run.

Feel free to share your opinion below. Thank you.

Ai is certainly taking over gradually and it's becoming more used as the day goes by for a lot of things...Ai has the potential to be used for both good and bad...when it comes to gambling I don't think you can make a significant progress with it though because Ai can only analyze just like humans but they are not capable of predicting the future.. it's very risky to rely too much on artificial intelligence

[mak013]

With all of the hype surrounding AI, I wonder what impact will it have on the gambling industry? Perhaps, gamblers will experience more fairness and randomness when betting online. I mean, provably-fair casinos already exist. But AI can help improve them in the long run.

Feel free to share your opinion below. Thank you.

Todays` AI is a way to work with statistics and give an answer after work with it. It can calculate your chances in poker, it can make a prediction on a football match(and it would be a good prediction mostly) but it can`t think like a human, it can`t bluff.
So we can use it sometimes, but it willn`t become an ultimate winning weapon.

[|MINER|]

Can AI beat the odds in those luck-based games in casinos, where the house edge can beat all available methods? They have a chance in sports betting, but when it comes to luck-based games in casinos, they have the same chances as humans.
If, by chance, the AI can devise a good method, then the gambling industry will crumble, and AI will have its biggest casualty.

I don't think AI will ever achieve the method that will cause the casino industry to crumble. Because the more powerful AI becomes, the more powerful the casino industry will make itself, and in that case, they may even be using AI themselves. Because I personally think the casino industry has much more funds than other industries.

And if we talk about sportsbetting, here too AI does not always make correct predictions about what benefits sportsbettors will get from it. Rather, I think AI can only be used to gather data.

[Mrbluntzy]

Perhaps, gamblers will experience more fairness and randomness when betting online. I mean, provably-fair casinos already exist. But AI can help improve them in the long run.

Honestly, I don't know if there's usually any fairness when playing online because no matter how good you think you are, the casino always win and the excuse people use to defend casino is that the house edge help them to win more than the gambler and if they are using this house edge as an advantage for themselves, how can we even know that we are being treated fairly or not? I don't think there's anyway we can know that it's a fair play, so, I don't understand what you meant by the last statement you made that, "AI can help improve them on the long run."

[Alphakilo]

With all of the hype surrounding AI, I wonder what impact will it have on the gambling industry? Perhaps, gamblers will experience more fairness and randomness when betting online. I mean, provably-fair casinos already exist. But AI can help improve them in the long run.

Feel free to share your opinion below. Thank you.

The impact of AI in the gambling industry is enormous. There are so many pros and cons to it but I will focus on the pros. If a casino has been provably-fair before AI, AI now will make it more fair. A casino that is not already provably fair pre AI will not change its ways. That is what I believe.

I think AI is more useful for casino operators, it helps them automate a lot of their operations, like using AI for customer support, or analyzing transactions such as bets, deposits, and withdrawals.

Another advantage of AI which I agree with. However even if AI is going to help with customer support, it can only go so far. There should be a point where human agents should still be on standby to have real conversations with their customers.

[HONDACD125]

Just know that the casinos will make use of AI to make profit. The gamblers will continue to profit or lose as usual. That means more losses for gamblers
will continue.

That's a universal fact, and that can't change; however, when it comes to AI playing a role in gambling or casinos, I think it can serve as a good customer service representative if trained specifically for it. I mean, if an AI model is trained with all the necessary information about a casino and is available 24/7 to assist customers with their problems and confusions, that could be great. In so many platforms, we often have to wait to get a response from a human operator because they are not always available, but if an AI can solve our problem or at least answer our questions properly, that is going to bring a change.

Other than that, AI could also be used to detect cheaters and abnormal behaviors in gamblers, and can either raise red flags for the team to check it out, or simply put some temporary restrictions on the gamblers that are found cheating or exploiting a certain bug or something. However, this is going to be in the favour of the house and not the gamblers specifically.