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Tuesday, September 16, 2014

Maximizing your returns: A quick and simple way

If I have four digits on my ped card, I can play almost indefinitely if I play carefully. If I have just 100 peds on my ped card, no matter how carefully I play I am easily wiped out. There are many reasons for this but a major reason is that you need much longer runs for everything to average out than we used to need. A small bankroll means you won't be able to stockpile high markup items enough to get markup out of them on AH and traders pay TT for most hunting loot, and they TRY to get ores for nearly TT as well, so be careful with traders.

I have in the past, deposited $10 at a time as I needed peds. A few years ago, it would have lasted a month or two. Now, it lasts maybe half an hour. I know most of you notice this happening to your deposits as well... Soon as you put in its time to put more in. What I will start doing, and I'd recommend you to consider...

Either save your smaller amounts up until you can do one big deposit with what you would have deposited at a little at a time anyways...

OR...

Just deposit half of what you normally do, and put the other half aside and let it build up so that likewise you can do one big deposit.

A lot of people who deposit big play proportionally to the size of their deposit and they go broke just as easily. There is no real difference between you and me doing 100 x 1 ped clicks and an uber doing 100 x 10 ped clicks. There is a difference if you save up 10 times your normal deposit and do 1000 clicks of 1 ped plays. Or, for ubers, 1,000 clicks of 10 ped plays instead. 100 clicks is going to be 100 clicks and stands the same chance of a wipeout. Bigger bankrolls proportionate to how you play will reduce variance in results and hopefully help you survive the upswings and downswings.

If you can deposit big, and play carefully and not get greedy, just keep doing what you would do had you deposited smaller amounts, in my case I tend to gain peds, until I get greedy and gamble them away.

Also be aware that there are certain resources prone to shortages on the auction... I won't tell you what these are, I had to figure out without help and only because I never could buy the stuff when I needed it, or when I did find it the price was too high. If you familiarize yourself with L prints, you will see the types of things that the typical gambling uber crafter will pay a bit more for if it means being able to click an expensive L print.

Gone are the days of putting things up on auction and them selling easily. You now must specialize in niches to be effective at crafting for profit and trading for profit.

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