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| FOOTBALL Post your Football Cards Hobby Talk |
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#26 | |
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Join Date: Apr 2016
Location: Los Angeles
Posts: 12,601
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If that lottery ticket was $9000, I'd think twice. Even at $400, no. Granted, your odds are better on a break, but not so much that the buy-in makes a ton of sense for most.
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Will MASSIVELY overpay for: 2002 Fleer Authentix #180, 181 Derek Smith & Zack Bronson AND 2007 Upper Deck Target Exclusive Rookies Autographs #261 Joe Staley #'d to /5 |
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#27 |
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Join Date: Oct 2019
Posts: 5,229
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Average value in these boxes has to average out to less than $100, right?
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#28 |
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Join Date: Apr 2016
Location: Los Angeles
Posts: 12,601
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Probably more average value, especially right out of the box, but your point still holds.
__________________
Will MASSIVELY overpay for: 2002 Fleer Authentix #180, 181 Derek Smith & Zack Bronson AND 2007 Upper Deck Target Exclusive Rookies Autographs #261 Joe Staley #'d to /5 |
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#29 | |
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Join Date: May 2012
Posts: 6,334
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The people buying into Flawless breaks probably spend so much on breaks in a year they could hit the Purdy Flawless RPA 1/1 and still flush back more than 50% of what the card sells for towards loses in other breaks. At $18k per hobby case how many cases will see a profit? 1 out of 200? That's before accounting for breakers upping that cost to more like $22k-$23k per case. There will be cases that pull Purdy RPAs and still lose money. Any case that doesn't have Purdy or an insane 1/1 is a loser. Last edited by mossoholic; 09-12-2023 at 03:00 PM. Reason: edit |
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#30 | |
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Member
Join Date: Apr 2016
Location: Los Angeles
Posts: 12,601
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Quote:
__________________
Will MASSIVELY overpay for: 2002 Fleer Authentix #180, 181 Derek Smith & Zack Bronson AND 2007 Upper Deck Target Exclusive Rookies Autographs #261 Joe Staley #'d to /5 |
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#31 | |
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Its the same as breaks. You can throw $5.00 into a team spot of Score Hobby, and hope for a card worth dozens of dollars. Or throw $500 into a break of Flawless, and have much, much better odds of hitting a card worth 10 times as much as your buy in. Again, one in 300 MIL to turn your two bucks into a Mega Ball win. Or, one in say 300 to turn your $400 buyin break into a Flawless win. You arent talking apples to apples here Mossy. |
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#32 | |
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Member
Join Date: May 2012
Posts: 6,334
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NT you can at least argue the big upside. You can hit non 1/1 cards in breaks that sell for a ton. On products like Noir, Impeccable bb and fb, Immaculate bb and fb, and Flawless football it makes no sense. The disconnect between singles and wax for basketball and especially football is as bad as it's ever been. 2019 Flawless FOTL in March or April of 2020 sold out at $1637. That also included a blockchain card that I think were all 1/1s. Is anyone going to make an argument that the singles have increased by about 6 times to justify what 2022 Flawless FOTL sold out at and what presale on hobby is? I'd love to hear it. Last edited by mossoholic; 09-12-2023 at 08:52 PM. Reason: edit |
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#33 | |
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Quoting from an ancient post:
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#34 | |
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I am just comparing gambling in the lottery to gambling in a Flawless break. I am not speaking of the merits to doing either. If you'd been buying 2,000 ($4,000 worth) Powerball tickets a week since the time of Jesus there's a better than even chance that you wouldn't have won it yet. Even with the lesser prizes in the lottery, you still have a better chance of "winning" in a break of Flawless per dollar spent. |
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#35 | |
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Member
Join Date: May 2012
Posts: 6,334
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The average person buying into breaks is spending at least hundreds a week. The people playing Powerball or Mega Mil more often than not are playing so little many it's not even worth mentioning. It means nothing to their bottom line. I throw away $2-$4 most weeks on the Powerball. That loss means nothing to me even if I get back $0 every time. Although I did have a streak that I hit $4 or $7 a time at a ridiculously high rate. If I was throwing away several hundred or over a thousand a week on breaks the last 4 years my net worth would be a fraction of what it is now. Are there people that play hundreds a week on the Powerball or Mega Mil? Sure. It's probably under 0.001% of the people that play. If it was 99% then maybe you'd have an argument. Anyone that is going to argue any form of regulated gambling is worse than buying into box breaks is a moron or singing for their supper. Last edited by mossoholic; 09-13-2023 at 11:55 PM. Reason: edit |
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#36 | |
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Here, I will break things out for you using your scratchers. Using a popular game, Scratch Blast, with slightly better odds than others. Each scratch off costs $20. To win the $50 prize, the odds are one in 30. Not bad. But it will cost you $600 in tickets ($20x30) to hit that $50 win (on average). For a bigger prize, like $150, it is one in 750. Or, $15,000 to win $150. The higher the prize value, the higher the odds to win. Put $500 into a break, and I am sure you will hit a card(s) worth $50 or more, more often than not. And that is $100 less spent, than the odds of you hitting $50 on a ticket. Both are bad odds and losing propositions. I am not telling anyone to do either. But one "should" be a smaller loss. And that is breaking. And that is without figuring in the tax ramafactions of winning a prize valued at $5K or more via lottery. You lose 25% right off the top. If you pull a card valued at $5K or more, you don't pay anything. Some breaks will yield nothing. Some tickets will yield nothing. Some breaks will hit big. Some tickets will hit big. But if you were trying to hit the biggest on that scratch off, the odds are one in 1,437,560 for the top prize of $1.2MIL. That is $28.75MIL to win $1.2MIL. Yes, you will hit other prizes as well if you spent that money on that many tickets. But you would hit other cards as well, if you did the same on a break. Anyone that doesn't understand that math, is either arguing because they like to think they are smart. Or too stupid to know that they are that dumb. |
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#37 | |
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Member
Join Date: Dec 2019
Posts: 1,498
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Odds for $100 win is 1 in 33.92 and even going higher, the $200 prize is 1 in 285.44 and the $500 prize is 1 in 491.42. |
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#38 | |
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Odds for the $100 prize is 34 X $20 per ticket = $680, on average, to win that prize. Odds for the $200 prize is 286 X $20 per ticket = $5,720, on average, to win that prize. 2022 Flawless at $10,000 per box, sold in 32 slots by team = $312.50 per slot. Round that up for breakers to cover their time and shipping. And say $350 for a random team break. 32 teams, and 10 cards per box. 1 in 3 odds to win a team. Assuming each box will only yield 50% of value ($5,000), based on the cost of the box itself. An average card should be worth $500 ($5K ÷ 10). That is 1 in 3 odds, for a $500 prize. But an entry cost of $350. $350 X 3 = $1050, for a $500 gain. That is an expected loss of $550, or roughly half your money. Your scratch off is 1 in 4 odds, for a prize average of $43. But at an entry cost of $20. 4 x $20 = $80, for a $43 gain. That is an expected loss of $37, or roughly half your money. But, you have 25% better odds of hitting in the break, VS a scratch off. Even if both (on average) are still losing propositions, with an average expected loss of 50% of the money invested. Last edited by Grid; 09-14-2023 at 09:57 AM. |
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#39 | |
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Join Date: Dec 2019
Posts: 1,498
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#40 |
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Member
Join Date: Apr 2016
Location: Los Angeles
Posts: 12,601
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We're getting a little lost in the weeds here, yeah?
We can all agree that unless you ARE the Breaker recouping by selling all the spots, this is akin to setting money on fire, odds-wise?
__________________
Will MASSIVELY overpay for: 2002 Fleer Authentix #180, 181 Derek Smith & Zack Bronson AND 2007 Upper Deck Target Exclusive Rookies Autographs #261 Joe Staley #'d to /5 |
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#41 |
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Member
Join Date: May 2012
Posts: 6,334
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Lol I love how someone will argue that box breaks for football that pay out 5-10% with a top prize of under $100k is a better bet than scratch offs that pay 75% back with a top prize of a million or several million. Pretty sure most or all scratch offs if you win you at least get your money back. Box breaks you could "win" many times in a row but lose money every time. Brilliant! Can't wait to hear the next argument about how box breaks are better bets than all casino games too.
Last edited by mossoholic; 09-14-2023 at 12:11 PM. Reason: edit |
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#42 | |
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LOL that you think lotteries return 75%, and not the 50% average for the prize pool. Less advertising and administrative costs. LOL that you didn't already know, the most popular table games in a casino are also around the same 50%. Like Black Jack, Roulette and Craps. Play video poker, and that can be a crazy 99% return. Which means you can expect to lose $1.00, for every $100 of coin in, with perfect play on average. Even a bad slot machine, with a 20% hold, is still an 80% pay back. And with all of them, its on average and you should expect variances. The only thing thats funny, is your ignorance. Last edited by Grid; 09-14-2023 at 12:49 PM. |
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#43 | |
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Member
Join Date: May 2012
Posts: 6,334
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If you think you're right and Im wrong just know you are in the vast minority. I don't think you're going to get many people to agree with you that most football box breaks aren't 90%+ losers. As to why people keep buying in. There are too many stupid people in this world. I had a breaker I've bought from and sold to tell me recently exact quote, " I'd say 1% of the ppl that join my breaks are ahead." 1%. He was serious. I guess I could be wrong on the scratch off numbers but i thought most of the ones I used to get as gifts said 70-75% payment on them. Regardless, even if its half that that still way better than breaks and there is a monster hit. I could be wrong but pretty sure on scratchers when you win you at worst break even. Please tell me more casino odds. I only worked in one for close to 11 years. But Im sure you know more on that as well. Why would people not just play casino games or better yet bet sports games if you like sports/sports cards? Way better odds and immediate payment. The reason is because there are people that are actually that stupid that would spend $1000 a week on breaks versus $1000 betting games or in the casino. The dumbest people I've ever met are people that gamble in this "hobby". Last edited by mossoholic; 09-14-2023 at 12:55 PM. Reason: edit |
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#44 | |
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Its a matter of what those loses are. Id say most will lose half their money on a break. Which mitigates their losses, as they are sharing the risk VS return with others. If someone were to open their own box, at todays prices. I'd say that is closer to a 75% loss. More so on higher end , and less so on lower end product. But even with all of that, 50-75% loss. Its still no where near 90-95% loss. Again, on average. If boxes/breaks only had a 5% return, no one would be doing either. Playing casino games and betting sports are still a loss leader as well. And people still do all of them, for the same reason. Everyone hopes to hit big. But those arent 90-95% losses either. And yes, I might know more about gambling and odds than you working in a casino. Google Vegas Grid Report. That was my side hustle, gambling coast to coast and blogging on casinos, games and comps. Ive been invited to the Global Gaming Expo many times, as an industry consultant. |
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#45 | |
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__________________
**BILLS MAFIA** |
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#46 |
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Member
Join Date: Oct 2019
Posts: 5,229
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Sorry for bumping this thread at first. This is all Uncle Bob's fault.
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#47 | |
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Member
Join Date: Feb 2012
Posts: 21,646
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#48 | |
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Member
Join Date: May 2012
Posts: 6,334
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You're also failing to grasp there is no big upside now in almost every product. Over the last few years there were many products that you could pull 6 or 7 figure cards. 2022 football has 1 card worth over $100k. It's already been pulled. The #1 card in 2022 Prizm football sold for around $25k. Box prices have gone up quite a bit since that card was pulled. There isn't a single card in 2022 Prizm available that would cover 2 hobby cases right now. A Brocky Purdy prizm silver auto, at least a week ago who knows now, didn't even cover a hobby box cost. Pull the best rookie silver auto in a very long odds hit and you can still lose on a box. Last edited by mossoholic; 09-14-2023 at 02:56 PM. Reason: edit |
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#49 | |
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3 Autographs per Box 3 Base Silver Cards per Box 6 Base Parallels per Box 6 Inserts per Box Can you really tell the class, that the average break is only going to get back $6.50-$13.00 when you get 3 autos, 3 silvers, 6 parallels, 6 inserts and 27 base cards, which will mostly be the newest rookies people are chasing. Really? $0.15 to $0.30 per card? Really? Looks like we are both talking in circles. But I don't think anyone is going to agree with your math. |
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#50 | |
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Member
Join Date: May 2012
Posts: 6,334
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Quote:
I don't think even the most bullish people on breaks have made an argument like you tried to claim. Saying the average break somehow people are only losing 50% on average lol what a crock. All this is a prime example of why I hardly post now. There is no point in arguing. This is just stupid and a waste of time. Last edited by mossoholic; 09-14-2023 at 03:13 PM. Reason: edit |
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