Post
Topic
Board Gambling discussion
Re: Casinos can use AI to get additional edge?
by
JohnBitCo
on 30/06/2019, 13:15:25 UTC
Gambling is all about random number generation, and provably fair scheme provides guarantees that casino doesn't cheat, but we also know that humans are horrible random number generators - we are very easily predictable.

There are many online demonstrations available, I'll just drop one here: http://www.cs.stir.ac.uk/~kms/schools/rps/index.php
After a small number of games, computer becomes quite good at consistently beating you at the game.

So, theoretically a casino can observe how you place your bets, then predict your next bets and make their own bets (they always go first) accordingly. The flaw here is if this algorithm is implemented too naively, it can be abused by players by making big amounts of predictable low-value bets, and then making a big opposite bet.
when Technology developed it is also one of the good factor for the development of any field if the gambling field accept the technology as an addition then it will be giving fun and extra involvement with the attraction of the the gambling very easily so that it will be acceptable for everyone.

Artificial Intelligence should be used in gambling sites and casino. This will give many new interactive and extra features which gamblers will enjoy.
AI can also be used to target different players with different types of games based upon their interests and past habits.