Re: Casinos can use AI to get additional edge?

Quote from: TheCoinGrabber on July 01, 2019, 05:14:13 PM

Not only is the AI going to attempt to guess your moves, it's also way better at calculating the odds than you so yes, it'll definitely put the human player at a disadvantage. Seems like an overkill but I can see them attempting to use this in such a way that it wouldn't be obvious.

thats totally overkill! ripping the money of the gamblers at its best!
should be discreet otherwise, their area will be like a hunted one!

Quote from: Zicadis on July 01, 2019, 08:38:38 PM

Quote from: hatshepsut93 on June 23, 2019, 08:14:09 PM

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.

DataRobot, Optimove , IKASI are just some of the names that are already using AI to get an edge over their competetion. Read this article here that explains more about what's happening in this space: https://www.axios.com/casinos-gambling-ai-marketing-addiction-0f01b612-7384-4875-a61e-f35684804239.html

for casinos who are already utilising AI, i guess they will not disclose it to their players. because this will prompt the gamblers not to play with them anymore.
at least give them the chance to win. dont be greedy!