This article, dated December of 1932, over 80 years ago, explains how slot machines are built to make players lose, and it still remains true today. It not only goes into detail as to how these machines mathematically cheat players out of their hard-earned cash, but it serves to show that these machines have been swindling players out of their money for generations.
“They Looked Like They Were Getting Rich on Polymarket— but None of It Was Real” | Wall Street Journal
By Katherine Long, Caitlin Ostroff, Neil Mehta and Brenna T. Smith “The prediction market has flooded social media with deceptive