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In a mild defense of packs, I do think they offer a good return. The auction house is ideal if you have a specific need or are able to grab a bargain but if you want to get your hands on a diamond/perfect then the you're probably better off with packs unless you have a crazy flow of PP points coming through.
Looking through the auction house I took some values of what the various levels are going for based on the average amounts that these cards are going for.
(There's a lot of problems with my methods but just bear with me please)
So I figure Perfects go for an average of 60,000 PP You've got 1/1000 chance of getting one in a pack.
Diamonds - 20,000 PP: 1/150 chance of getting one
Golds - 5000 PP: 1/50 chance of getting one
Silver - 400 PP: 1/20 chance of getting one
Bronze - 25 PP: 1/5 chance of getting one
Iron - 5 PP: 72.2% chance of getting one
That means the expected return for a standard pack is
Perfects = 60000 * 0.001 * 5 = 300
Diamonds = 20000 * 0.0067 * 5 = 666.67
Gold = 5000 * 0.02 * 5 = 500
Silver = 400 * 0.05 * 5 = 100
Bronze = 25 * 0.2 * 5 = 25
Iron = 5 * 0.722 * 5 = 18.06
Plus a guaranteed bronze = 25
That means for your 1000 PP investment you get an expected 1634.73 PP return. 63.5% on your hard earned PP!
Gold Packs work out for your 5000 PP investment you get an expected 6609.73 PP return. A 32.2% return on your PP.
So Standard Packs definitely work out better than your Gold packs (to answer the thread question).
Of course you have to ready yourself for disappointment. There's a 66.7% chance that a standard pack will have nothing but bronzes and irons.
You can quibble with my valuations of the various tiers. They're very rough and I got them by going through the auction house at random and seeing the average price that cards having been selling for. Though if you reduce my perfect/diamond/gold/silver valulations by a third then you still get a positive return for the standard pack (the gold pack is a negative return by then though)
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