Mystery packs have become a controversial and big part of the hobby within the past couple years. I know GameStop has had physical repacks for a while but now they are bringing them digital through an online platform partnered with the PSA vault. This mirrors what’s been going on in the sports world with platforms such as arenaclub. Any thoughts or predictions about the effects/fallout?
Doubt it unfortunately. Ever since the whole Gamestop-Robinhood stock fiasco went down, I occasionally check in on the stock and the r/superstonk community to see what’s happening, if the huge boom they’ve been waiting for has come to fruition. Now it’s just people using AI posts to applaud Gamestop for using all the money from retail stockholders to buy Bitcoin and push collectible gambling. Can’t say I expected Gamestop to go all-in on collectibles, but whatever floats their boat i guess. Just another company creating an unneeded service to make money and appeal to naive kids who don’t understand Expected Value and degen gamblers.
Not gonna hold my breath but who knows lol. I know some other platforms have buybacks at a reasonable floor % which feels more palatable. GameStop will also be doing buybacks for this but I wonder if there’s going to be a guaranteed floor on their packs.
gross
Just what we needed in the hobby
I like the last category of prizes: there is a 0% chance of $1600-$3200, so definitely don’t expect anything that high.
Clarifying, this is for the Master Packs.
Ah yes, I love when odds add up to 100.26% even while including a 0% tier that may or may not exist. Surely this is a completely transparent business venture.
Also, expected value is $100 but 70% of the time you are getting less than that.
So you are saying there is a chance
Must be a way to try and get rid of junk slabs for a profit?
Part of my issue with digital gambling here is that it doesnt seem to be regulated. Who is to say that although they promise to be transparent, that they really will be? Its their word that their odds will be correct.
Also the buyback is based on Card Ladders dynamic pricing… So there really isnt a value for cards right? You could pull a card that stonks a week later to $500 or one that was previously shilled and drops to $25, all in the same expected value tier because it relates to their totally not ever shilled Card Ladder data (which is also not clear on how exactly it works). Not that Id expect cards to go down, especially in this market.
#MakeGamblingIllegalAgain
@lyleberr I had also thought about this. Pricing for these cards is always going to be dynamic, so the expected value of the pack is always changing. Maybe we’ll get to a point where these packs can be +EV Then we’ll see whole pack buyouts and Ebay sales of GameStop accounts with 5 digital packs ready for opening.
Depends on what digits you think follow that decimal point
hobby is cooked
The fact that you can instantly cash out and use that money to buy another pack is what bothers me the most. You can just gamble this without ever even holding or really caring about the cards. These kinds of schemes are anything new of course, but the progression of this has been consistently moving in the direction of removing those pesky cards in the way of the person and the money they are gambling with.
This is a hail Mary and to me a sign that GameStop has no idea to do with the equity from their meme stock pump
Hope it works out, I don’t wish bad on it
Tcg chain store may not be terrible but need to find the right employees
psa jumping on the mystery pack wagon, lame
and gamestop is one of the most mismanaged businesses like ever if not for its status as a complete meme stock it wouldve died a long time ago
yeah, one of the reasons they and any other mystery pack company can offer “90% buyback” is because no one knows how they calculate it… also pretty sure that sports bro website cardladder just uses the last sale price as the “market value” for pokemon cards