So I was at a seaside arcade over the past week. Spent some time spamming the 2p slots machines and tickets are firing out of this thing. Go to exchange these at the kiosk and notice that you can get quite a few domestic appliances on the back shelf (13,000 tickets for a toaster, £5 of 2p slots got me 80 tickets).
Are people actually skillful enough to game the system and win these over just going to Argos? Or do gambling addicts just collect tickets over time to exchange for a toaster after a few months as a consolation prize?
You are applying rationality to this. It’s a form of gambling, which is never rational.