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/biz/ - Business & Finance

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4014179 No.4014179 [Reply] [Original]

goys
i found something way more lucrative than crypto
i did some number crunching (pic related) on pubg crates and found out that the wanderers crate gives a 50% return on investment!
you can buy a crate for £0.40 and get about £0.62
i've already made about £1500 in one day of buying, opening then selling crates, and am on my way to buying my first limo

>> No.4014191

>>4014179
delet this

>> No.4014209

>>4014179
>Pajeets can't use capital letters properly. Punctuation utterly non-existant. Sad
GTFO Pajeet!

>> No.4014216

>>4014179
Where do you sell them items? Steam marketplace?

>> No.4014221

>>4014216
yes

>> No.4014296

>>4014179
were do you buy the creates anon

>> No.4014312

>>4014179
spoonfeed me bro

>> No.4014324

>>4014296
on steam marketplace

>> No.4014351

>>4014209
Sad.*

>> No.4014367

>>4014312
steam takes a 5% cut, but that's not that much

if you want to cash out, you'll have to do it through a third party site by buying csgo knifes or steam games then reselling them

>> No.4014400

>>4014179
and why do you tell us?

>> No.4014453

>>4014400
this is what I'm wondering, this will be ruined very quickly

>> No.4014509

>>4014179
dont forget the twitch cloth

>> No.4014545
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4014545

Hahaha fucking brainlets, look at the sheet at least, that's not how probability works, you're getting shilled into buying this pajeets fucking game case bags.
lmao

>> No.4014554

>>4014400

so we buy like idiots and the crates he owns like 5000 pieces will inflate to 1pound

>> No.4014562

>>4014545
care to elaborate?

>> No.4014573

>>4014545
It actually is but I forget the term for this particular method. If his numbers check out then you will get that return for every crate if you were to buy an infinite number of crates. This is a basic statistics chart but I still need to crack open a text to remember the name.

>> No.4014574

>>4014545
that's literally how it works mongo, well except for the additional 0.01 percent ofc

>> No.4014597

I don't know why you would post this as a way to make money because it's not. It just depends on probability, there is a 92.455% chance of you not even making enough money to compensate the price you paid for a crate, unless you bought massive amounts of them (200+) and opening them you may make some profit, and even then there's a chance that you just get junk on all of them and waste your money.

>> No.4014603
File: 59 KB, 750x501, 1452461263143.jpg [View same] [iqdb] [saucenao] [google]
4014603

>>4014562
>>4014573
>>4014574

Are you numerically illiterate? You're Americans right? Read the fucking exel sheet! Why the fuck would he summarize the price x probablilty when you only get one outcome?

HAHAHAAHHAAHAH
FUCKING RETARDS

>> No.4014630

>>4014545
This.

Apparently it's one item per crate and according to his correct math, you have an over 92% chance of losing money on that crate's item.

Better odds playing any game at an Indian Casino, kek.

>> No.4014644

>>4014603
Bait? OP trying to damage control? Legitimate numerical illiteracy?

>> No.4014659
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4014659

>>4014644

>> No.4014673

>>4014545
>>4014603
You're either trolling or genuinely fucking retarded. It's "expected value,"....like holy fuck you should know this..

>> No.4014746
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4014746

>>4014673

>> No.4014766

>>4014603
>calls him numerically illiterate
>doesnt know basic statistics
>doesnt know what expected value is

HAHAHAHAHAHAAHAAAHHA
FUCKING RETARD

>> No.4014783
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4014783

>>4014603
were you hit in the head as a child?
that is how it works
this >>4014673
if you were to open 1 million crates with all the item drops having said percentages, you would have £0.6 million worth of loot and have spend £0.4 million buy the crates

>> No.4014826

>>4014766
>>4014783

Ok the method is legitimate, however this is a game with at any given time over a million players occasionally biggest on steam and the box trading economy has big players already in place from cs from before pubg taking advantage of any possible profitability like this. In all case economies the price for opening something that you do not know what you're going to get is higher than the expected value of the same case. the conclusion would be that the probablility values or prices OP has listed are false. Probably both if he utilized the highest listing value coupled whit the fact that probabilities aren't disclosed.

This would actually never work.

>> No.4014872

>>4014179
not even real dollars, lmao

I will just torrent the games

>> No.4014877
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4014877

>>4014179
OY VEY! SHUT IT DOWN

>> No.4014902

>>4014826
you retarded, you cannot even speak

>> No.4014920

>>4014902
Nice, have a (You) on me, I've got lots to spare.

>> No.4014930

>>4014920
somebody should make a YOU coin

>> No.4014952

>>4014573
>>4014603
Expected value, holy fuck how did I forget this

>> No.4015018

>>4014179
Do you have source on these probabilities? It's profitable only if these are correct.

>> No.4015219

>>4014930
Indeed