These Odds Are Terrible!

  Рет қаралды 91,658

Greg Salazar

Greg Salazar

Күн бұрын

Пікірлер: 405
@GregSalazar
@GregSalazar 5 жыл бұрын
A few viewers brought up the resale factor as a way to bring down EV for a particular box, however, accounting for it mathematically would have opened up a can of worms far too complicated to navigate in a video of this stature. You'd need to make assumptions about _how many_ items are refunded and how many are kept. For these EV calculations, I assumed all items would be kept. I could have walked away with every single item I won and continued to play with my remaining balance. Of course HypeDrop's gonna give you a fraction of your earnings back if you decide to sell - and that's another way to "print money" as a commenter put it - but this factor is secondary to the EV of the box at the start of each roll (because, again, you can walk away at any time and keep every prize won). You could argue that it's a worst-case assumption (and I'll give ya that), but it beats accounting for the decision to "keep" or "sell" every item won. Also, if I was HypeDrop, I'd skew the odds in such a way that I wouldn't need to assume all players resell won items. Eliminate all uncertainty. Hence why I focused on the deals they're likely making for ultra-cheap game keys.
@f42099
@f42099 5 жыл бұрын
Why no link to the first video in the description? We can't start the series on part 2 that's blasphemous.
@GregSalazar
@GregSalazar 5 жыл бұрын
It's in a card literally in the beginning of the video. But I can also include it in the description if that'll make it easier. Either way, you could watch this video without seeing the first and still be in the loop :-)
@beemo4
@beemo4 5 жыл бұрын
Greg Salazar a friend of mine was addicted to hypedrop, he once got a good gpu (i think it was a 1660 or something i forgot) then he wanted to get it obviously then they said that it was out of stock and they emailed him that he would get 400 store credit and no gpu. He was dumb and accepted it but obviously he started getting game keys and then he quit.
@carbon_no6
@carbon_no6 5 жыл бұрын
I wonder if selling back an item at a net gain to you results in worse outcomes on future purchases. This way they give you a seemingly good deal, but then you get flagged and put on a loser list. It happens on some casino games on mobile. Makes sense.
@AmaraTheBarbarian
@AmaraTheBarbarian 5 жыл бұрын
If they're affiliated with G2A, as one would conclude with G2A pay as a payment option, the easiest place to look into for your discrepancy is the keys (especially considering they are the highest probability items). G2A are selling many of these keys below the stated $5 cost as you already noted, but G2A either 1) paid less for those keys and thus the cost is still lower than their market value or 2) are using this as a way to rid themselves of as many of these game keys that aren't selling as possible. Like you said inventory sitting on shelves isn't ideal, a game key already owned but that isn't moving due to loss of popularity or whatever is pure loss if it is never sold, even if they're not directly affiliated this could make for a great bulk discount. Any sell-backs for items at a lower cost than the original box are also pure profit, if you pay $5 for the loot box and sell back a key for 69 cents that's $4.31 profit, and what honestly are you gonna do with 7 keys of superhot? Plus we can look at other sell back items like the coolers some as noted are platform specific, and therefor will probably never be taken by someone who has the other platform, intel and AMD specific coolers thus would become a great fit for cheaper boxes and any platform specific box would have to increase in price, intel still holds more market share so one would think AMD coolers would be easier to make money on but perhaps there just aren't as many low cost options. IDK
@yourpcmd
@yourpcmd 5 жыл бұрын
Random Person: Rolls for i9-9980XE and lands on it. HypeBox: Oops. 504 Gateway Timeout error Random Person: Wait, what? WTF? HypeBox: We're sorry, heres a game key for the inconvenience.
@GanDtech
@GanDtech 5 жыл бұрын
Your PCMD It wouldn't happen anyways these sites don't have odds, just rigged.
@caatraa1709
@caatraa1709 4 жыл бұрын
@@GanDtech this does happen. maybe this website is different, but i can tell you i was playing one of those pop a ball poker games. 1st pop hit something like A,K,Q,J and another jack. leaving me just the 10 off a royal flush. so i "lock" in the 4 and repop trying for the 10. and would you believe i got it! I jumped out of my chair being that i just won something like 10k tickets. then the machine said error unable to find the ball.... but it was not the 10 ball i had just poped, it was the Jack that had been locked in from the round before, yet the game knew where it was then. I called the manger over pissed off and all he said was i could not prove i got the royal flush and offered 100tickets for my time. and by the time the manger got there the machine had gone in to demo mode and had repoped all of the balls so there where not sitting in the now 4 out 5 royal flush.
@thephoenixking1086
@thephoenixking1086 Жыл бұрын
The website determines what you win the split second you hit enter, meaning you have already lost before you even know it, if you were to land on a top prise the website server should already know what it is and should have saved the result, if not then this is very VERY bad design. But as stated in this video, the odds of winning that price are nearly zero, and to me they ARE zero since the prise never existed, to me these sites are rigged so yeah.
@Mikkel94
@Mikkel94 5 жыл бұрын
i see RuneScape i upvote 👍
@GregSalazar
@GregSalazar 5 жыл бұрын
LOL
@suspect6595
@suspect6595 5 жыл бұрын
Thats why i cliked on this video
@iLike2LOOL
@iLike2LOOL 5 жыл бұрын
Greg probably doesn't even know what RS is.
@FeelMyBirdie
@FeelMyBirdie 5 жыл бұрын
Not a btw btw
@buddybonbutt7510
@buddybonbutt7510 5 жыл бұрын
Only reason I tapped on this video
@mAdcaTzm4a1
@mAdcaTzm4a1 5 жыл бұрын
Still better chance than getting a knife in csgo. Lol
@redshirt510
@redshirt510 5 жыл бұрын
Doubt, Valve can generate 10000 knifes for literally free and they have to actually pay for this stuff ;) Doesn't matter, both are scam.
@GLDragon93
@GLDragon93 5 жыл бұрын
How to get knife in csgo with minimum investment/mostly free atcost of playtime: 1)Buy the prime status for drops (if you haven't bought it already). 2) Check the csgo update/csgo discussion forum for any new update with csgo cases. 3) Play csgo regularly until you get your 2-3 weekly cases drop and hope you get the new case. 4) Sell any new case and keep the old cases worth 0,03 $. 5) Sell any old cases when they go up in price and you're confident they won't go up anymore. 6) After a year or so if you have played regularly you should be able to put an order on the market (or maybe straight up buy) for the cheapest and crappiest knife ,probably a navaja.
@iZaners
@iZaners 5 жыл бұрын
Not really, I unboxed a $1300 knife the other day I've spent around $2,000 in cs keys (i've checked on steam) I've unboxed ST Flip Fade FN Karambit marble fade FN max fire/ice with a perfect corner - still by far my most insane pull Karambit ultra violet FT Flip marble fade FN Karambit damascus steel FT Classic knife crimson web FT Handwrap overprints MW and now a skeleton knife crimson web FT ($1200-1300 i was talking about) recorded that one too. I believe unboxing a knife is around 1/400ish) so .25 Not really that insane if you think about it.
@mAdcaTzm4a1
@mAdcaTzm4a1 5 жыл бұрын
@@iZaners good for you then. Not everyone has that luck. 🤣
@mAdcaTzm4a1
@mAdcaTzm4a1 5 жыл бұрын
@@vnkt_yt #realstories
@kstricl
@kstricl 5 жыл бұрын
The house always wins. Even when they lose, they win.
@johnpatz8395
@johnpatz8395 5 жыл бұрын
Don't forget, that everytime someone sells back an item, say a game key for $0.69 from the $4.99 box, the company makes an instant profit of $4.30.
@getpoked2498
@getpoked2498 5 жыл бұрын
Well.. close enough since these keys are most likely bought in bulk for cheap
@thephoenixking1086
@thephoenixking1086 Жыл бұрын
I'd say they make more, $50 Roll wins you a $4.99 Key that you sell for $0.69, this means the company made close to $50 and you made nothing at all. Just spend the money on a McDonalds or something, buy a broken PC, Go to s str*p club or whatever, even setting the money on FIRE is better than using these websites since you may actually get enjoyment from it where as this is just scamming you.
@TBomb85
@TBomb85 5 жыл бұрын
So they go from an F to a D- ?? An attempt was made to be more forthcoming, but they can't escape the scammy nature of their business model.
@Jesse22H
@Jesse22H 4 жыл бұрын
I love how, without fail, the item to the very left or right of your item was always worth several hundred or even thousands of dollars.
@SK8R43
@SK8R43 3 жыл бұрын
Thats exactly how they get you, the spins are rigged so that happens and you think you almost won big so you play again.
@SpardaDVLKing3
@SpardaDVLKing3 5 жыл бұрын
Renting pc parts and now tech loot boxes. The ridiculous stuff I keep finding out thanks to this channel. lol
@Navie.
@Navie. 5 жыл бұрын
is that third age Armour from runescape?
@GregSalazar
@GregSalazar 5 жыл бұрын
Yes. Will make sense if you watch the video.
@Navie.
@Navie. 5 жыл бұрын
@@GregSalazar watching rn : )
@Vihtal
@Vihtal 5 жыл бұрын
@@GregSalazar loved it!
@speedydraw
@speedydraw 5 жыл бұрын
Legit only clicked cuz of the third age
@ПётрПавловский-щ1х
@ПётрПавловский-щ1х 5 жыл бұрын
@@speedydraw quit runescape youre addicted
@BornYooper
@BornYooper 5 жыл бұрын
Like the lottery, it's another tax on those who failed math...
@wyterabitt2149
@wyterabitt2149 4 жыл бұрын
It's no less stupid than alcohol, or smoking, or fast food, or countless things we all waste money on. What Kind of empty sanitised life do you live where you don't "waste" money on silly things occasionally.
@BornYooper
@BornYooper 4 жыл бұрын
@@wyterabitt2149 I am sorry you failed math...
@wyterabitt2149
@wyterabitt2149 4 жыл бұрын
@@BornYooper The cry of the uneducated. It's like hearing the flat Earthers shouting "scientific method" like a brain damaged tourettes sufferer. You're in good company.
@BornYooper
@BornYooper 4 жыл бұрын
So it is rational to spend money on something where your expected return is less than your cost?
@Austin1990
@Austin1990 4 жыл бұрын
EuclideanPrime Numbers The EXPECTED return is NOT more than the cost. The expected return value accounts for probability, the Fair EV as presented in this video. This lack of accounting for statistics goes back to what the OP is saying. With that said, the POSSIBLE return is higher than the cost. And, some people get a rush from that and “playing the odds.” They know the odds and play for being one of the lucky players.
@Gargantura
@Gargantura 5 жыл бұрын
Cant wait on 3080ti! Wait..
@phynx-victumterra652
@phynx-victumterra652 5 жыл бұрын
I think your very first roll of the day probably has a higher chance of winning something of higher value to make you think you'll win good stuff often
@MartijnterHaar
@MartijnterHaar 5 жыл бұрын
Then it would be possible to game them by using different IPs and accounts, to let them think you are a new user every time.
@The_Benjamins
@The_Benjamins 4 жыл бұрын
The Ryzen box has a good not sucking rating, as long as you expect a cooler, and are not unlucky with hitting that 25% 212 evo the rest of the coolers are valued (on amazon) over $40 with IMO makes it far less risky. you also have a 20% chance on getting something that have a higher then $50 amazon value.
@aimeucuzinho
@aimeucuzinho 5 жыл бұрын
RuneScape is mentioned in perfect context Swath of RS comments ensues
@FireTome
@FireTome 5 жыл бұрын
I feel like another way for them to have a higher outcome is by having the knowledge that people will often return items. Especially with those games, I feel like people are likelely to simply 'sell them back' to hypedrop for 65 cents. This means that this specific reward only costs them 65 cents instead of the 5 dollar listed price, assuming almost everyone sell the keys back to them.
@TheGauges420
@TheGauges420 4 жыл бұрын
Not even just that, I'd bet they got the game keys for under 50 cent a pop as well, meaning they really made $4.31, plus get to sell that same game key to another sap for $4.31...
@joehorecny7835
@joehorecny7835 5 жыл бұрын
My son worked at BestBuy years ago, his employee discount was 10% over cost. That said, the $50 gold plated monster USB cables cost him like $3 after the discount. Getting quotes on comparable items, like a 32" TV showed vastly different discounts per model and per manufacturer. My buddy owns a 12v online store and he drop ships almost everything. He pretty easily gets at least a 25% discount from the organizations and manufacturers, and doesn't do any of the work (they drop ship). He does buy inventory, but usually lost cost high margin stuff, or repair parts that he needs to ship immediately. Also, manufacturers often want to dump previous generation items, they spend money warehousing them, etc and often just want to get rid of them and places like overstock often buy them dirt cheap. I own a business myself, and there is a often a huge difference between wholesale and retail, but sometimes its only a couple percent. Would you want 2% of a $1000 laptop? Or 20% of $5 cable?
@TooBokoo
@TooBokoo 5 жыл бұрын
"The more they play, the more they lose. In the end, we get it all" - Robert De Niro - Casino
@salehamini2036
@salehamini2036 5 жыл бұрын
You don't go near ANY lootboxes as a gamer.
@Daganath
@Daganath 5 жыл бұрын
I got a gilded 2h, is that good enough?
@TheSouthernMale
@TheSouthernMale 5 жыл бұрын
Greg now says "Lisa, honey I just gambled away $100"
@cracklingice
@cracklingice 5 жыл бұрын
I probably would have accepted the cooler to review it as well as to see how the delivery process went. At least if you hadn't already reviewed the cooler.
@GanDtech
@GanDtech 5 жыл бұрын
cracklingice Probably wouldn't even ship and get in-store credit for the inconvenience 😂
@cracklingice
@cracklingice 5 жыл бұрын
Would that not have added to the impact of the video? (though it'd definitely increase production time substantially)
@FranktheTank319
@FranktheTank319 5 жыл бұрын
You can't forget the trade ins. They make a lot of money back when people don't want the item and trade it back in.
@OutOfPaceRacing
@OutOfPaceRacing 5 жыл бұрын
Qualty video - loved every minute of it Greg!!! Thanks
@GregSalazar
@GregSalazar 5 жыл бұрын
But I only published it 8 minutes ago...
@OutOfPaceRacing
@OutOfPaceRacing 5 жыл бұрын
@@GregSalazar True! I am stuck on 3rd minute! Had stuff to do! Now getting back on watching :D
@GregSalazar
@GregSalazar 5 жыл бұрын
@@OutOfPaceRacing "loved every minute of it" :-(
@OutOfPaceRacing
@OutOfPaceRacing 5 жыл бұрын
@@lurick It's Gregs vid - you don't have to be fortune teller to know - first minutes was enough to know :D
@OutOfPaceRacing
@OutOfPaceRacing 5 жыл бұрын
@@GregSalazar And I'll stick with it! Great vid - once I sumbled upon hypedrop through facebook ad and I got to tell you I was really tempted to try open boxes but the "too good to be true" look of the web page and advertising put me off and seeing in depth view from your perspective gives me piece that I skipped out on this website :D
@Kakkarot211
@Kakkarot211 5 жыл бұрын
I didn't realize this website existed, but this was a fantastic breakdown and was really interesting, thanks man
@JustAverageJeff
@JustAverageJeff 5 жыл бұрын
That was a very serious spreadsheet, wow!
@shannonrhoads7099
@shannonrhoads7099 4 жыл бұрын
C-3PO: Sir, the odds of successfully winning a Core I7 on HypeDrop are approximately 3,247 to one! Han: Never tell me the odds!
@Wolfpoops
@Wolfpoops 5 жыл бұрын
So I found this new site called CSGO LOTTO
@MrBearyMcBearface
@MrBearyMcBearface 5 жыл бұрын
3:29 he air quoted so hard his fingers disappeared from reality.
@majornadz1385
@majornadz1385 5 жыл бұрын
I removed the heat spreaders from my ram but the tape left residue and/or ripped in half , any suggestions on what I can safely use to remove it ?
@MarcoGPUtuber
@MarcoGPUtuber 5 жыл бұрын
The odds of getting a great Greg Salazar video are great!
@sommor001
@sommor001 5 жыл бұрын
As there is an account being charged with a virtual wallet the possibility is very high that even if you ""make a profit"" (like Greg's first box and sell that stuff) that it isn't possible to cash out ""your winnings"". Also ""winning"" something slightly over the value of the box will trigger a reaction that you're on a winning streak which in turn will result in you spending your ""winnings"" to hope to win more valuable stuff.
@mattr4078
@mattr4078 5 жыл бұрын
Well actually I got a 3rd age bow on OSRS on my 40th master clue. So are you recommending this site for me?
@igorzivkovic7174
@igorzivkovic7174 5 жыл бұрын
"Anybody in his or her basement can set up one of these sites up, and make a ton of money." Yes, Serbian KZbinr Nixa Zizu and his MagicUnbox site.
@yackemup
@yackemup 5 жыл бұрын
just looking at that $5 gaming on a budget loot box at 1:48 you know its a scam lol. has a picture of a fully build PC in the box.........no way they would let that happen lol
@FinlayDaG33k
@FinlayDaG33k 4 жыл бұрын
We have a similar thing in The Netherlands too... You have, for example, the "Apple Box", which lists a lot of expensive ass Apple products but also just junk that doesn't have anything to do with Apple (let alone tech) like hair conditioners, lip balms etc.
@Serin9X
@Serin9X 5 жыл бұрын
My problem with anything like this is that you ultimately have to take their word for it that their system works the way it's presented. With a roulette wheel you can SEE the wheel in front of you. You can see the ball. And absent some kind of purposefully rigged table you can be reasonably certain the game is fairly presenting itself. With this? It's code. Code can be anything. And you have only their word that the code behaves the way they say it behaves. There's no gaming commission coming in and verifying the odds. Honestly, you're better off playing the shell game with some guy with fingerless gloves in a subway station. At least then you know what you're walking in to.
@kevinarzola4781
@kevinarzola4781 4 жыл бұрын
They’re run like casinos. They have a limit in which they wait until a certain amount of spins and money are put in until they finally give you a chance at a decent pay out
@the-real-zpero
@the-real-zpero 5 жыл бұрын
I'd rather go to a real Casino. I went to a Casino once knowing fully well I was gonna walk out of the building without the 100€ that I had when I walked in. But I *knew* this not because I am a pessimist (or a realist in this case) but because that was my *intention*. I knew the business is theirs and not mine, and I never expected to win anything. But in my eyes, I spend 100€ on what I saw as a "ticket" to a really cool and expensive looking building, with excellent food and service, drinks, a fun ambient, and lots of cool games that were fun to lose at. I didn't *bet* 100€ because I was never going to walk out until I was completely out of money. In fact I actually started out winning small amounts here and there, but simply kept playing until all my money was spent. It was fun. But these virtual loot boxes are just scams. At least in a casino you can go with family or friends, have dinner and drinks and have a fun night. With these "loot boxes" you're just clicking a button on a website and losing money. You're not getting anything, not even a fun experience. These companies are basically preying on your optimism and desire to win (which fair enough, casinos also do that) but then they're not even offering you any sort of reward or fun experience. You just click a button and send them some of your money every time.
@GicN
@GicN 4 жыл бұрын
Where in Europe did you went?
@louisburley1597
@louisburley1597 4 жыл бұрын
Hey Greg, love the content, but I'm curious what lens are you filming with?
@RomanNumeral04
@RomanNumeral04 4 жыл бұрын
If anyone bought the keys from grey market vendors (like urscdkey or scdkeys), have you ever experienced windows deactivate after some period of time due to the keys going on the MS's blacklist?
@C0untFapula
@C0untFapula 5 жыл бұрын
I got third age vambraces once years ago, but they were worthless due to the EoC update, despite their rarity :/.
@Guicosac
@Guicosac 5 жыл бұрын
Also assuming that most people would rather cash their prizes instead of claiming them. A 4.99 value down to $0.69. The profit is there.
@inutero
@inutero 5 жыл бұрын
That's what scares me about lootboxes, especially in CSGO. Gambling sites can all be rigged, but case opening websites are by far the worst, because house edge can be as big as the owner wants. Roulette websites are the least scummy imo because even if the roulette can be rigged for a certain user, as long as everyone is playing the same roulette "table" (it rolls the same thing for everyone in the game) there's no way to profit off everyone, but in case opening websites (loot boxes), the website could display fake odds, pretend they have high tier items they dont, detect someone is doing too good and make their odds worst so that they start losing if they keep playing, etc. I hate online gambling but loot boxes take the prize for worst ones BY FAR in my opinion. And what sucks is that people keep using them.
@ThatOnionispog
@ThatOnionispog 4 жыл бұрын
If you notice, on a cheap item, it either hits it bang middle, or right at the start or end.
@johnwong6598
@johnwong6598 5 жыл бұрын
Most of the expected value lies in the game keys. There's no way they're paying 6.47 for superhot keys. If you change those prices you will see a huge difference
@cardsfanbj
@cardsfanbj 5 жыл бұрын
Legitimately LOL'd at the Third Age armor reference.
@LostEndsStudio
@LostEndsStudio 5 жыл бұрын
You can still see the same odds when you do the "free spin". You can see for yourself that 98% of the time you will get the "cheap" item... They don't seem to rig the free spin.
@linusdroptips660
@linusdroptips660 5 жыл бұрын
funny thing is i won a ryzen 7 2700x and said aight im done for today
@nicodalumpines8827
@nicodalumpines8827 5 жыл бұрын
Loved the RS reference. This is why I love this channel!
@sparrow4792
@sparrow4792 5 жыл бұрын
It would be interesting to see if they actually send you an actual item (not a digital key) and if it is the mentioned brand in the case of the heatsink/fan.
@Chewsstudio
@Chewsstudio 5 жыл бұрын
Greg the re-roll feature likely offsets it. chances are people are winning stuff they dont want and "selling it back"
@Quantumanomalyexc
@Quantumanomalyexc 5 жыл бұрын
I've bought a ton of keys from G2A over the years and have never had any issues. You just have to buy to from top seller's. I tend to buy from the same top sellers.
@fastw3748
@fastw3748 5 жыл бұрын
0:32 when you have 60hz monitor
@thefontofallgarbage8480
@thefontofallgarbage8480 5 жыл бұрын
The thing is people like me who are skeptical enough to steer well clear are fine but so many people out there just can't see this stuff for the scams they are, it's why marketing people get paid alot of money. I bet Greg has no doubt had countless people like this try to get him on board.
@laszlo3547
@laszlo3547 4 жыл бұрын
Don't forget that they make extra money from people selling stuff back to them when they get something they don't want. This could even happen on higher value items.
@mistakenotou7681
@mistakenotou7681 5 жыл бұрын
Reselling stuff for practically free to them will help their margins too. Also its possibly rigged . And they might not send the idem at all.
@aonirsplayground6224
@aonirsplayground6224 4 жыл бұрын
The thing is: No one can prove the odds, therefor they are in no obligation to make those expensive items ever drop, unless you draw from THOUSANDS of draws, at which point they would take notice and simply make a seed to drop it to avoid suspicion, or easier still, make it drop after a certain profit was reached so they can have the ease of mind of "hey look we did give it out that one time!", the ""business"" model is made in such a way that is impossible to prove them wrong, even if you had acess to their "HQ", unless it was a 24/7 surveillence of their actions they will ALWAYS ALWAAAYS win, literally impossible for them to lose unless shut down by a goverment agency.
@0cyb3r0
@0cyb3r0 4 жыл бұрын
THAT 3RD AGE ARMOR JOKE OMG YES
@DFsdf3443d
@DFsdf3443d 4 жыл бұрын
4:02 but thats how provably fair works. They cant give you the unencrypted server seed before you play because then you would be able to predetermine the result. The system is only supposed to give you a way of proving afterwards that your reward was indeed picked randomly at the odds they display. It would be impossible for them to fix the odds when your custom client seed has an impact on the result. Its common practice to have such a system on many poker sites as well, nothing shady about it.
@thomashanson6603
@thomashanson6603 4 жыл бұрын
Ah I've figured something out. The spinner isnt at all representative of the odds. You might think at first that the spinner part is sort of real, just with fewer of the most expensive things on it and more of the less expensive. The spinner doesnt do anything but show you what you got. It's made so that you see the expensive stuff go by and you think you actually had a decent chance of getting it if the spinner wasnt moving quite the same.
@arenacloser7528
@arenacloser7528 5 жыл бұрын
-Thanks for watching- Thanks for learning 👌
@shanepearce1629
@shanepearce1629 5 жыл бұрын
if you are after content for a video look at ebay sales in australia 20% off but before the sales the prices seem to go up 30% or more
@arokh72
@arokh72 5 жыл бұрын
Aaah maths on a Sunday morning. Life is good. Thanks Greg. Not that's not sarcasm, I really am happy for maths.
@lifehasmanydoors
@lifehasmanydoors 5 жыл бұрын
I got a 3rd age mage hat out of a hard clue scroll about two years ago. Only worth 8m so sadly it wasn't the best 3rd age to get
@Juliett-A
@Juliett-A 5 жыл бұрын
If you have to prove that your scam is fair, then it's not.
@johnknightiii1351
@johnknightiii1351 5 жыл бұрын
The values don't need to be lies for them to be profitable. They make their money from people "selling back" their items at huge discounts to try to get something they want. That is also where the addiction comes in.
@florihae
@florihae 4 жыл бұрын
Oh no....now I am tempted to spend a few hundred bucks on those lootboxes....help! 😅
@Muistimetalli
@Muistimetalli 5 жыл бұрын
Suddenly I have an urge to go complete a Clue Scroll...
@markalvarado6716
@markalvarado6716 5 жыл бұрын
Lol, you must like getting random lawsuits. Keep it up, love your channel!!!!
@MsUltrafox
@MsUltrafox 5 жыл бұрын
I have had 2 Third-Age items over the years. Before the GE came to the game I got a Third-Age Kiteshield and on Juli 18 last year the Third-Age Mage Hat. Mind you I have completed a ton of clues over the years.
@smft9147
@smft9147 5 жыл бұрын
Building a PC from parts from hypedrop?
@amateurtech736
@amateurtech736 5 жыл бұрын
Btw you confused the terms mutually exclusive with statistically independent. If the events were mutually exclusive then one could not happen after the other. Them being independent means P(aNc)=P(a)*P(c). I.e the chance of a does not affect the chance of c :)
@anasevi9456
@anasevi9456 4 жыл бұрын
Sitting on expensive inventory, jacking up the price and letting it rot on the shelve for years after it is obsolete; is why i have little sympathy for many brick and mortar computer shops struggling. Those idiots clearly do not even have a BA [or a cursory knowledge of business].
@crandor6
@crandor6 5 жыл бұрын
Was that full Third-age melee set in the thumbnail?
@asm_nop
@asm_nop 5 жыл бұрын
Spore CD keys were cracked and the executable was patched a long long time ago. Unless those keys are going into game launchers like Steam, I wouldn't be surprised if the cost is literally zero.
@generation980
@generation980 5 жыл бұрын
Fresh content. Yay :) EDIT: Those who share this site I bet that their odds are turned up. There was one CS:GO site that did it but I don't remember it.
@ShinichiMane
@ShinichiMane 5 жыл бұрын
I almost shit myself when you brought up runescape 😂😂
@rasmachris94
@rasmachris94 4 жыл бұрын
The other side is the refund option that you took - you sold it back to them for more money to gamble more and in doing so increased your chances of losing more money.
@octapc
@octapc 5 жыл бұрын
Do you think the web site is designed to give you a “win” on the first spin to encourage you to continue?
@Asuna
@Asuna 5 жыл бұрын
many websites and games work that way. Lets give you some of the cash shop cash to use, and you'll use the cash shop, you'll feel that excitement of buying something, and you'll come back to spend more, and more, while if they didn't give you anything in the beginning, you're far less likely to spend some cash. ESO does this as well, they give you a lootbox if you watch one of their streams :D oh a lootbox, fun, lets open it! then you've tasted the excitement of opening lootboxes, and you'll spend money to do it again!. Would work on these websites as well. Lets let you win one time in the beginning, and you'll feel the odds are in your favor, and you will gamble more!
@itsTyrion
@itsTyrion 4 жыл бұрын
Probably
@Toralian89
@Toralian89 4 жыл бұрын
Probably not ,since it would be pretty easy to go from site to site and win something of worth.
@Austin1990
@Austin1990 4 жыл бұрын
Toralian89 Maybe that would be a good idea. Even if it was, how many people would do that?
@hkoizumi3134
@hkoizumi3134 5 жыл бұрын
I have a better chance of getting laid than winning an i9 processor.
@mag3slay4
@mag3slay4 5 жыл бұрын
> want a super pc > gamble 100% of the super pc cost on hypedrop > end up with nothing >JUST Long story short, just spend that $5 a month on GeForceNow subscription or even the free tier.
@broForseNetwork
@broForseNetwork 5 жыл бұрын
incase anyone was wondering ive just done the maths for the box and it gives a 89% return on the money you put in if you sell everything for current cheapest market value in the uk
@sobe8991
@sobe8991 5 жыл бұрын
They also most likely expect everyone/most to sell everything back except the bigger items. If you have 500k people deposit $10 your sitting pretty on $5 mill. They are likely not even having keys in hand, that $5 becomes $0.69 They are making ~$4 dollars so even if they have to buy the game they are still making over $2. (burnout is $2 on g2a) So the market value is a lot lower if thats their model. My grandpa said only a fool works a lifetime for their money (exchanging time for a set wage ($/hr)) Most fools will be willing to part with a small amount of that money in hopes of a greater return, and if they lose.... well it wasnt that much anyways (false perception of risk/reward) To be a millionaire, all you have to do is get a million fools to spend $1 You either make money work for you (investments/real estate) or Get fools to spend their disposable income - he said that late 80s early 90s
@ZombieWolfe
@ZombieWolfe 5 жыл бұрын
I have been playing runescape since 2005 not once have I gotten a 3rd age item.
@maxview99
@maxview99 5 жыл бұрын
One slight problem, the 9980XE didn't age well. Should have thrown a 3970X in there. Much better top prize.
@kylematlock7499
@kylematlock7499 4 жыл бұрын
I love how every spin he was 1 slot away from either the 9980 or the prebuild.
@killertruth186
@killertruth186 5 жыл бұрын
Imagine if someone won that i9 processor.....
@ashleyjohansson230
@ashleyjohansson230 5 жыл бұрын
They would probably sell it and try to win more stuff since thats typically the behavior of a gambler
@killertruth186
@killertruth186 5 жыл бұрын
@@ashleyjohansson230 True.
@MythTheFan
@MythTheFan 5 жыл бұрын
Killertruth186 I would make a huge PC upgrade LOL
@killertruth186
@killertruth186 5 жыл бұрын
@@MythTheFan In one part. Lol.
@celestial3545
@celestial3545 5 жыл бұрын
@@killertruth186 Withdraw then sell on FB Marketplace or ebay, you can do more with that
@gangstahwezel
@gangstahwezel 5 жыл бұрын
This is litterally the real life stuff version of the shady CSGO lootbox sites from a few years ago. looking from the stuff they claim and the 'game mechanics' its even by the same people
@MrBenediktXVI
@MrBenediktXVI 5 жыл бұрын
IMHO the overall price also takes into account that most people refund the prize (game keys), and there you have wast majority of your profit.
@pixuhl
@pixuhl 5 жыл бұрын
BRO THE FREAKIN 3rd AGE FROM A CLUE SCROLL HAD ME ROLLINGGGGG. xD
@db81569
@db81569 5 жыл бұрын
The 10 dislikes are employees of this scam company 😂
@ajs0350
@ajs0350 5 жыл бұрын
Say you won that cpu would you ever be able to get it irl?
@henryponds9071
@henryponds9071 5 жыл бұрын
You put a lot of effort into this video! Good job Greg!
@sobertillnoon
@sobertillnoon 5 жыл бұрын
I think that 69 cents you get back for the key is closer to the price they pay than $5.
@WestSideJooo
@WestSideJooo 5 жыл бұрын
I would have liked to see how can you actually claim the item, like wouldn't it have been worth to claim that noctua cooler than selling it back for $9? But I dont even see an option to claim the item in these videos..
@bobmellon
@bobmellon 5 жыл бұрын
Wow , I don't care at all about the loot box thing, but this was a fascinating, intelligent, and really good video' thoroughly enjoyed this
@zeratulrus142
@zeratulrus142 4 жыл бұрын
They'd probably make money even if they were 100% honest and bought the game keys for as much as they sell them. Not everyone will take the games, especially duplicates, or coolers they might not need, they might just turn them into the site's fake money at ridiculously bad rates and then lose it too. But yeah, bulk buying keys is probably one of the big money-makers for them.
@thomashaws4084
@thomashaws4084 5 жыл бұрын
It’s like the hassle that they do on the streets with cards they let you win a couple of times then your hooked after that they take everything
@TheEdunikki
@TheEdunikki 5 жыл бұрын
They are also relying on people selling stuff back
@bigbadcrusher
@bigbadcrusher 5 жыл бұрын
What's the EV for the most expensive boxes? Isn't it possible that they're giving up a net loss for the cheap boxes, and make a killing on the expensive ones?
@GregSalazar
@GregSalazar 5 жыл бұрын
They could - but again, why do that to themselves? It'd take two seconds to rig it in your favor.
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