Today I am reading about skill based slot machines which is very popular among millennials. This is the first time I am reading this in my life as a gambler. All that I have known about slot machines is that the outcome is purely based on luck1 as a result of the Random number Generator (RGN). From what I read, the major difference between this skill based slot machines and the regular/traditional ones we know is that there is a bonus round for the players to2 display their skills which gives them a greater chance of winning. Despite this, the odds are still stacked up against the player.
Has anyone here tried it out?
Which do you prefer, traditional slots or skill-based slots?
It is maybe no surprise that they do not give any actual, real life examples, of a "skill based" slot machine. Every single slot machine out there has been engineered to take money in for the casino and not to let the player win in the long run. This article - from two years ago - uses words like profit, as if it's possible to win in the long term from this type of game, when simple mathematics tells you otherwise. You might get very lucky, out of some freak set of variance or targeted psychological engineering, in the short run - but you will not win long term. At the very least, these machines cost money to run and the company has overheads to pay which require them to take at least a certain amount of your money, never to be returned.
Because the slot machines are created in favor of the owners, not the gamblers. I was thinking if that really exists, how this casino will even survive? No, those things are baseless and out of reality. Slot machine games are known to be pure luck-based games - I couldn't really imagine someone having the skill to defeat the slot machines. Because even if you spend many years playing them, you can't figure it out how it works other than having a huge chance to lose rather than winning.