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ABSTRACT Gamma-ray bursts (GRBs), can be employed as standardized candles, extending the distance ladder beyond Type Ia supernovae (SNe Ia, z = 2.26). We standardize GRBs using the three-dimensional (3D) Fundamental Plane relation (the Dainotti relation) among the rest-frame end time of the X-ray plateau emission, its corresponding luminosity, and the peak prompt luminosity. Combining SNe Ia and GRBs, we constrain ΩM = 0.299 ± 0.009 assuming a flat Λ cold dark matter (ΛCDM) cosmology with and without correcting GRBs for selection biases and redshift evolution. Using a 3D optical Dainotti correlation, we find this sample is as efficacious in the determination of ΩM as the X-ray sample. We trimmed our GRB samples to achieve tighter planes to simulate additional GRBs. We determined how many GRBs are needed as stand-alone probes to achieve a comparable precision on ΩM to the one obtained by SNe Ia only. We reach the same error measurements derived using SNe Ia in 2011 and 2014 with 142 and 284 simulated optical GRBs, respectively, considering the error bars on the variables halved. These error limits will be reached in 2038 and in 2047, respectively. Using a doubled sample (obtained by future machine learning approaches allowing a light-curve reconstruction and the estimates of GRB redshifts whenmore »z is unknown) compared to the current sample, with error bars halved we will reach the same precision as SNe Ia in 2011 and 2014, now and in 2026, respectively. If we consider the current SNe precision, this will be reached with 390 optical GRBs by 2054.« less