personally, i think it would make more sense to paly slot games in demo mode if the player is not gambling for money, i mean to say that this is what i do most times, because it makes no sense loosing money in the process of having fun, except the slot game in question does not have a demo mode on the casino.
Does this mean it makes no sense in spending money to watch movies, go out in an outing with your family and have fun, or pay for a monthly subscription of netflix to watch movies? Besides adding the thrill of winning money adds excitement to the existing fun in playing slots.
And do forgive my noob question but is there really a way to cheat online casinos?
There are ways and it is explained in this article[1].
if you were talking about land based casinos, then i clearly understand, but cheating online casinos , i confused most times when i read that a user was banned for cheating, i begin to wonder how possible it is to cheat an algorithm that has been programed to function the way it does.
Most of the banned accounts are caught cheating through bonus abuse by creating multiple accounts. Other may use a more sophisticated approach via hacking the system and modify the RNG of the game giving a modified result that will favor the hacker. Another form is collusion.
Collusion signifies a situation where you sit at a virtual poker table with one or more friends and share information about each others hands. Casinos consider this action cheating because youre putting yourself at an advantage by accessing information that other players do not.
[1]
https://www.thesite.org/way-to-cheat-in-online-gambling/