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/biz/ - Business & Finance

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55520100 No.55520100 [Reply] [Original]

Have you even came up with a scam/loopholes way to make money?

I thought of this gift card loophole about 15 years ago and tried it when I was a teenager. It goes like this, CA law says stores have to give you cash for gift cards under $10. Id buy $100 Starbucks cards on eBay for $70. Split them into 11 gift cards and cash them out. At the time eBay gave you eBay bucks which added a 2 percent cash back.

I did it for a bit but getting a job at minimum wage made more in actual money. Also Starbucks employees would freak out when I went in with 10 giftcards

>> No.55520124

>>55520100
There is a marketing trick that betting website use to attract more people to bet on certain outcome. Let's say everyone on the market gives you ±2.1 coefficient and bet-at-home or william hills give 2.7. By doing that they create statistical bias (betting websites are very good at estimating chances and coefficients). By finding and betting on this outlayers you will eventually make profit and get banned. That' true

>> No.55520135
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55520135

>>55520100
Just buy 10,000 of a benign object like combs or something on alibaba then sell packs of three on Amazon or ebay for 500% markup.

>> No.55520153

>>55520135
I was listening to a podcast where a guy did that with pacifiers newborns get at the hospital. You couldn’t buy them single, only packs of 500 shipped to hospitals. He made 150k the first year and about half that the second and less each following when people started copying him. I wish I was smart enough to think of something like that