And whom is going to audit those odds, exactly? And who is to say that with machine learning these days, a publisher doesn't manipulate the odd depending on one's spending habits or their running win ratio... essentially creating whales. Now I'm not saying they do, but you can't say they are not either.
They meet the psychological definitions as gambling. So generally the argument turns into "but but, legally they ain't" and in most cases that is true. They generally can't "pay out" or can't be "cashed out" (things like CS:Go trading that was an issue a while back would have fallen foul of most internet gambling laws; at least here in Aus.
The comparison to a pack of gaming cards is a false comparison and is usually used by the industry body to 'talk down' their effect (it also falls apart once you factor in purchase velocity and environment to where they are purchased). Another industry fave is the comparison to a "Kinda Surprise" utilizing a "Surprise and Delight" mechanic. Again, usually falls flat when cross examined- or at least it was in Aus. esp once you start talking about the psychology mechanics involved.
The psychology mechanics a lootbox employ are make them more like a Slot or Pokie machine. Comparisons has been well documented. The Vic Gaming commission did a 1-1 comparison to them. And to be honest, it was rather alarming.
A lootbox employ such things as the
- Variable win ratio
- Sensory feedback
- Entrapment
- Ready and constant availability.
The effects of EGM's is well documented and quite frankly way past the point of arguing. I can't think of any first world nation that allows Minors play them, let alone even allowed to enter a gaming area - but happy to be corrected.
One thing that is of a agreement generally is that there is no real studies that examine their "long term" effect - as they are a relatively new construct and phenomenon in gaming.
And dare I say it, I do kinda agree with
Sheepinator - to the extent that, upon my reading of the proposed law, does seem a little heavy handed. I don't know US politics outside of that Simpson Ep. but I can only assume this is the "go hard" idea and will 'hopefully' be watered down via committee(?) or some other mechanisms to bring in some common sense.