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by pokememon 22 days ago
Trading Card Games (TCG), and generally any item relying on gacha mechanics, are this generation's "scratchers".

It's amazing seeing grown adults who would scoff at their peers buying lotto tickets and scratchers enthusiastically burn cash on TCG without the slightest sense of hypocrisy.

The secret is "social head canon".

"Head canon" is when you fill in the plot holes to make sense of your favorite narratives.

"Social head canon" is the same but for our understanding of society.

When the algorithm feeds children videos of adults opening TCG packs what they see is grown adults, the people who are appear to, and are supposed to, have it all figured out, losing their shit over cardboard and the child fills in the "why" on their own.

But they are wholly ignorant of "gambler's high" so they concoct elaborate narratives for why the adults "love the cards". That "social head canon" is so sticky because it can be anything, infinitely complex, wholly private, and different for every person.

Once that child grows up they learn about "gambler's high" and so seek the same thing, but now for the intended reasons.

Rinse and repeat across generations.

2 comments

Entire segment seems to be off the rails. Like whole pipeline. If one video of one rather prominent investors/manipulator/market maker/hyper is to believe.

After those cards are pulled from packs. They can enter secondary market. Where lot of them end up encased in more plastic... And given grades. Now it seems there is speculative demand to repack these encased cards in foil packing again. Just so people get to gamble again... And there seems to be potential for thousands to be sold of these things going for second gambling loop...

Except scratch cards are a guaranteed statistical loss. Trading cards, if you're skilled and know what you're doing, can be a sensible side-income.

It's the difference between poker and roulette...

Every TCG buyer I've spoken to is always "up" on cards, though if you dig further you'll find they haven't cashed in any actual gain and are just mentally up based on what they think they could sell them for. While also mentally discarding any losses.

The real winners are probably the people reselling the unopened packs for slightly higher than retail since they have removed the gambling aspect.

You can pretty much be guaranteed to break even if you check the odds of scratch tickets and buy enough of them. You can check how many tickets are left and which prizes are left for a particular game. That's what we did when I went in on a bunch of tickets with some friends.

Speaking of trading cards as a side hustle, a couple of my friends used to drive around the region buying boxes of baseball cards. They'd weigh them to figure out if some specific special cards was in it, return the light boxes, and throw out most of the other cards from the boxes they opened. Now that same card series has unopened boxes going for like $2k

Most people who try to make money in trading cards will lose money
Another similarity is the endless line of credulous people who "have a system".