We are seeing more and more projects that are almost 100% built on Artificial Intelligence, like ChatGPT. Here are a few experiments that are linked between ChatGPT and gambling....
Do you think AI will be more successful to get a working gambling strategy to win the house... and if they do, what will be the impact on casinos?
There's no doubt that some people will find ways to harness AI to help build them winning strategies in places like a sportsbook. However you need to remember that there are also large teams of staff at many bookmakers who are analyzing data as well and trying to use the same AI system to counter this strategy before they lose too much. They'll also have automated algorithms that will seek to identify and slow down the strategy of heavily winning players, that is if they don't limit their activity altogether with a low cap like $100 a day. There may be a small window where players will get the upper hand thanks to this technology, but it will eventually be shut down - so if you find it then maximize your returns now.
I don't believe that AI would give any advantage in sportsbook because in that area AI is almost useless. If a programmer manages to create an AI that would work based on the winning odds of a sports match then that would be another case, but most probably such AI systems can be a huge failure. That's a truth that most of casinos will always try their best to make algorithms that would check for players who are doing something suspicious to take advantage of a casino, and if out of no where the algorithm finds such users then the casino would penalize such players for sure. The casino's won't pose limits on players who win fairly, but the ones who get help from AI bots may get some kind of penalty. However, if a player really get his hand of a piece of software that may increase his win rate then he will surely make that software in a way that none of the algorithms could detect it.