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System That Predicts Gamblers Bets
Artificial intelligence works in part to replicate the human mind, and scientists need to know how humans make their next moves, reports Scientific American this week. The article goes on to report that scientists have created a system that can predict the bets of gamblers, with an accuracy "bordering on spooky."
The research to which Scientific American refers was published July 11th this year by Victor K.Y. Chan in the Journal of Gambling Studies. Chan is a researcher at the Macau Polytechnic Institute, which funded his research.
Chan's team used data from a total of 675 online games from six Texas Hold 'em gamblers to build a mathematically simulated neural network based on the players’ initial few plays to establish that the network learned and rewired itself based on guesses that either turn out to be right or wrong. This method of AI is called propagation of error.
The researchers found that their neural model could predict each of the six gamblers' bet amounts with an accuracy to three decimal places of the dollar, and could also predict with similar accuracy their cumulative wins/losses.
The conclusion was that, based on their first few games, the gamblers' subsequent behavior, strategy and ultimately their wins and losses, was consistently predictable.
Chans findings no doubt add to the body of knowledge accumulated by AI poker studies at Canadian universities. The full and very detailed scientific paper on the Macau achievement can be read here:
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Asia Gaming To Showcase Live Dealer Action -
Asia Gaming will be practically demonstrating its live dealer baccarat at the ICE show next month. The Asia-facing online gambling provider is on the expansion trail and intends to make a big impact at the expo and conference in London.
2017 Aussie Millions Event 6 -
Heads up, Boivin faced local pro Joel Feldman, but the Aussie proved to be no match for an on-fire Boivin who dispatched him with the runner up prize of A$78,440.
2017 Ice Totally Gaming -
Next month's ICE Totally Gaming conference and expo will again be a truly international affair, following confirmation by organizers Clarion Gaming that a total of 67 jurisdictions and sovereign states will be represented on the show floor at ExCeL Centre, London.
IGT in 7 Year Deal With Svenska Spel -
#IGT , as legacy #GTECH , has been providing video lottery products and support services to the state-owned monopoly Svenska Spel since 1996, the statement reminds readers.
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