Your opponent chooses any of the 3 monster you chose from your Graveyard, to be Special Summoned to your Field.
You have to banish the remaining 2 monsters.
You can only use 1 of this card per turn.
This card can Special Summon any monsters from your Graveyard (as long as they are not listed Cannot be Special Summoned or Cannot be Special Summoned from the Graveyard in their text). However, the constraint is that it is chosen by your opponent which monster to be Special Summoned. You can bypass this by targeting 3 similarly strong monsters, forcing them to choose 1, and you can use your banish support cards to Special Summon the banished monsters anyway.
Banished Zone Support
Premature Return and Different Dimension Reincarnation are able to return any monster from your Banished zone to your Field. Escape from the Dark Dimension can be used if you are playing DARK monsters, while Released from Stone can be used on Rock-type monsters. Different Dimension Master can be used to Special Summon Spellcaster-type monsters from your Banished zone.
Needlebug Nest is able to mill 5 cards from your Deck to the Graveyard. If you are playing a 30 cards deck, you can consider using That Grass Looks Greener to fill your Graveyard even faster. Lyla, Lightsworn Sorceress can mill 3 cards from your Deck every one of your End Phase, it can also be an utility to destroy 1 of your opponent’s Spell/Trap.
No, it can't special summon monster with specific special summon condition like rainbow dragon.
Honestly this card has plays just need to be smart on the deck to use it for.
If you had to choose between 3 cards and you know for sure the card you want opponents wouldn’t
Just have something set to make full use
Example reborn reborn. To premature to book of taiyou sure 3 cards for just 1 but if you look you get 2 monsters so technically it’s a -1 but you get the card you wanted anyways.