Another observation about luck-based games that a new gambler with an interest in them has to know is that they have the potential to make you, as a gambler, spend more money gambling than skill-based games.
What do you think?
I will agree with your observations here that luck based games can make a gambler spend more money because while playing, one would feel they are almost at the brink of winning a game and they would feel they should try maybe luck would shine on them and they begin to play again and again. I have had this experience and it is just natural that such keeps repeating itself often and often. But one thing gamblers should know is that when it comes to playing of games, be it a skilled game or not, there must always be a winner and a loser and as such, should always have it in mind to gamble for fun.
Yes, it makes sense because with skill based games for example cards, if you don't get the right set of cards you know that you are about to lose.
Hence you don't increase your betting amount but the opposite is for luck based games.
With each bet you think that you are about to win and you increase the bet amount but eventually you lose.