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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:
Danske Spil Bingo Moves to Microgaming -
The national lottery of Denmark, Danske Spil, is live on the Microgaming Bingo Network. Danske Spil, the Danish national lottery, is live on the Microgaming Bingo Network following a change to its licence conditions.
Quickfire live on Strendus -
Quickfire powered by Microgaming is extending its reach in the LatAm region with the signing of Strendus. Strendus is the online division of Logrand Entertainment Group. The group comprises several companies that operate gaming and entertainment establishments in Mexico, running 14 land-based casinos in total.
Quickfire content live on BetatHome -
Online gaming and sports betting company bet-at-home was founded in 1999. Today the company has 4.8 million registered customers around the world, offering sports betting, casino, live casino, Vegas games, poker and virtual sports.
Microgaming has donated £30,000 between four charities -
Gift of Giving provides Microgamingís customers the opportunity to vote for one of several charities in their region. In lieu of Christmas gifts, £30,000 is split equally between four global regions: Isle of Man, UK and Europe, Africa, and Rest of the World.
Entertainment Betting Odds: 90th Academy Awards -
The Shape of Water leads Sundayís 90th Academy Awards (8 PM ET, ABC) with 13 Oscar nominations, but when it comes to Best Picture, this highly-acclaimed film is a +140 second-favorite behind Three Billboards Outside Ebbing, Missouri at Ė115.
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