Quote from: maydna on Today at 01:12:23 PM

Quote from: elevates on Today at 12:40:25 PM

Quote from: wiss19 on June 27, 2023, 09:44:03 AM

AI can be in different form as what others said before. Auto-betting is an example of AI. I bet you already recognize it. Now will you still say that it was useless? It may not make us win but at least they can automate our game play to allow us to do other things for a while like eating or when you need to go to the bathroom, etc.

You even said that you can use AI in sports betting. See? Developing our skills in some gambling games is possible but for the majority of the games, no, so don't ever attempt it because you will only waste time and money. It's better to do a research about which games are skills applicable and what aren't.

In the context of cryptocurrency gambling, I feel Auto-betting is a bot rather than an AI. This is the first time I reading that it is an AI. Using AI for gambling is useless unless you know how to use AI. What I trying to say here is that you have to know how to create prompts. If you have not created the right prompt you would get the right prediction from an AI. Sports betting is all about understanding a game in detail, following the tournament, creating your own database, understanding players and etc. If you have that knowledge then you are far better than a AI.

AI is a bot, and it still falls into the category of AI even though it might be a simple AI because the developer put certain codes into that bot. But AI or artificial intelligence means they or the bot can think for themselves without needing code or entering additional commands. We just need to give the command to search for something, and the AI will do it. Perhaps, our view will be different about AI because until now, no AI can really work perfectly and according to what we want. But maybe we'll find it technologically in the future, for AI is still evolving.

A bot is codded by a programmer to follow his/her commands and it will do whatever the developer coded into it. For example if a programmer need to automate a task like betting then he/she already has a working strategy that they have tested for many times, now they just create a code using a programming language, and give this bot access to their account. The bot will only bet if the requirements of the strategy are met otherwise it won't bet at all. This type of approach basically work to automate the tasks, but it could cause huge losses if anything goes wrong.

On the other hand, an AI is a type of software that works by learning a strategy and getting good at it over time. For example a programmer is well aware of a working strategy that has a win rate of 50%, and the programmer doesn't have enough time to improve their strategy, in such case a programmer makes an AI software that will test the strategy by betting many times, and with each success the AI will get a reward, and with each failure the AI will get a punishment. This type of learning is known as Reinforcement learning, and it could really be useful when AI is trained for more than 10000's of bets, and still it won't be 100% accurate because the casino can change their Algorithm anytime, and the AI has to go through the same training process once again.