Minimum Bid 101

Orcin · 11-29-2018, 11:55 AM

I do not understand why anyone would list a gold card with a minimum bid of 1000pp. IF it sells at the minimum (many are bid up higher of course), the seller loses the 100pp auction fee. They could have gotten 1000pp immediately via auto-sell.

Sellers should always list gold cards at 1100pp min bid. There is nothing to lose by adding 100pp to the min bid because it will sell at 1100 if there is any demand for the card. The same logic applies to diamonds at 4000pp and most of all perfects at 20000pp. Silvers... well it is only 10pp so not much lost.

There are auction flippers that bid on every gold card listed at 1000. If they can get the card, they can put it up for a higher price and they can always get their money back via auto-sell if they are overstocked. Why give these people your 100pp?

Matt Arnold · 11-29-2018, 12:41 PM

Even at 1100, the auction house should 10% of that, or 110, leaving you with only 990. To actually at least tie the auto-sell value, gold cards should only be listed for at least 1111, right? We probably should just make that the min value you can actually list them for.

NYY #23 · 11-29-2018, 12:58 PM

Quote:

Originally Posted by Matt Arnold

Even at 1100, the auction house should 10% of that, or 110, leaving you with only 990. To actually at least tie the auto-sell value, gold cards should only be listed for at least 1111, right? We probably should just make that the min value you can actually list them for.

Or take the quick 10% cut from the quick sell. Either way making them even would be a good thing.

Westheim · 11-29-2018, 04:25 PM

Quote:

Originally Posted by NYY #23

Or take the quick 10% cut from the quick sell. Either way making them even would be a good thing.

Just because people can't do math, I am supposed to do get only 22 PP for a trashed bronze? No. If people are willfully stupid, let them be stupid and be better yourself.

Clavette · 11-29-2018, 04:57 PM

Quote:

Originally Posted by Westheim

Just because people can't do math, I am supposed to do get only 22 PP for a trashed bronze? No. If people are willfully stupid, let them be stupid and be better yourself.

This is America. People shouldn't have to use math!

scott1964 · 11-29-2018, 07:44 PM

Or if they flip the card, impose a flipping fee, if sold within certain days of the auction end.

Will_L · 11-29-2018, 07:57 PM

Quote:

Originally Posted by Clavette

This is America. People shouldn't have to use math!

"We hate Maffs!"

LarryDu4 · 12-06-2018, 01:34 PM

A priceless comment!

traylor45 · 12-08-2018, 11:45 PM

Quote:

Originally Posted by Matt Arnold

Even at 1100, the auction house should 10% of that, or 110, leaving you with only 990. To actually at least tie the auto-sell value, gold cards should only be listed for at least 1111, right? We probably should just make that the min value you can actually list them for.

I hope you're joking. People should be able to list them for whatever they want. If they're losing PP on the sale, that's on them. There doesn't need to be a safeguard in place to keep people from stupid decisions like this. OOTP is a game of numbers, they should realize how much net profit
(or loss)they're going to make on a sale.

absurddoctor · 12-09-2018, 11:49 AM

Quote:

Originally Posted by traylor45

I hope you're joking. People should be able to list them for whatever they want. If they're losing PP on the sale, that's on them. There doesn't need to be a safeguard in place to keep people from stupid decisions like this. OOTP is a game of numbers, they should realize how much net profit
(or loss)they're going to make on a sale.

The auction interface is pretty clunky, requiring way too many actions just to list a card. This isn't a big deal if you are only listing a few cards, but quickly grows quite annoying if you buy a lot of packs. Reducing the amount of work required to list cards seems a lot more useful than keeping up the chance that someone will be able to scrape a tiny bit of extra PP from people who aren't paying enough attention.

Orcin · 12-09-2018, 01:09 PM

The point of this thread is getting lost, so I will repeat it.

It is a mistake to list a card on the auction house for less than the autosell price plus the auction fee. The person selling the card is better off to autosell it immediately instead of waiting to get less money. I can't understand why so many people do this. The math is really not that hard, i.e. 1000 > (1000 - 10%).

Matt Arnold · 12-09-2018, 02:10 PM

Quote:

Originally Posted by Orcin

The point of this thread is getting lost, so I will repeat it.

It is a mistake to list a card on the auction house for less than the autosell price plus the auction fee. The person selling the card is better off to autosell it immediately instead of waiting to get less money. I can't understand why so many people do this. The math is really not that hard, i.e. 1000 > (1000 - 10%).

I imagine a lot of people just leave the min value in, and maybe set a buy-now price. Or they don't realize that the auction house takes 10%.

Which comes back to our job - should we prevent you from even setting a price below that? Part of me feels like yes, but then again, having a min of 1111 just feels weird.

Orcin · 12-09-2018, 02:42 PM

Quote:

Originally Posted by Matt Arnold

I imagine a lot of people just leave the min value in, and maybe set a buy-now price. Or they don't realize that the auction house takes 10%.

Which comes back to our job - should we prevent you from even setting a price below that? Part of me feels like yes, but then again, having a min of 1111 just feels weird.

It says right on the screen as you initiate the auction that there is a 10% fee. I guess a lot of people don't bother reading that.

For what it's worth, I think you should leave the min bid where it is. I don't think it should be lower than the autosell price though, because that would be exploitable.

NYY #23 · 12-09-2018, 02:51 PM

Quote:

Originally Posted by Matt Arnold

I imagine a lot of people just leave the min value in, and maybe set a buy-now price. Or they don't realize that the auction house takes 10%.

Which comes back to our job - should we prevent you from even setting a price below that? Part of me feels like yes, but then again, having a min of 1111 just feels weird.

You can't always protect people from themselves. The very last sentence before you click submit is pretty clear. If they don't want to do the math you may end up losing out. Seems like the auction house has calmed down enough that it's not really necessary, and supply and demand will take care of the final price.

Abnerdoubleday · 12-09-2018, 02:51 PM

Rather than set the minimum price at 10% above the autosell price, why not have the house only take the 10% from any amount received over the autosell price. So if a gold sells for $1000, there is no auction fee. $1001 the fee is $1.

Westheim · 12-09-2018, 03:44 PM

Quote:

Originally Posted by Matt Arnold

I imagine a lot of people just leave the min value in, and maybe set a buy-now price. Or they don't realize that the auction house takes 10%.

Which comes back to our job - should we prevent you from even setting a price below that? Part of me feels like yes, but then again, having a min of 1111 just feels weird.

There is a clear warning label. If people want to be dumb and/or don't want to read, it is on them.

Quote:

Originally Posted by Abnerdoubleday

Rather than set the minimum price at 10% above the autosell price, why not have the house only take the 10% from any amount received over the autosell price. So if a gold sells for $1000, there is no auction fee. $1001 the fee is $1.

The point of the fee is not to have people do accounting, but to remove as many PP as possible from the economy.

Abnerdoubleday · 12-09-2018, 05:19 PM

Quote:

Originally Posted by Westheim

The point of the fee is not to have people do accounting, but to remove as many PP as possible from the economy.

Any loss of pp's being removed could be offset by a premium tax on speculating and flipping. I don't really see how that activity enhances the game in any way.

bailey · 12-09-2018, 05:23 PM

Isn't the reason golds are listed at 1000 is because the 1000 is auto-filled and people just don't bother to overwrite it? The best thing to do would be to leave that field blank as an experiment to see if there are anyone posting even lower starting bids!

el_gringo · 12-09-2018, 06:02 PM

Quote:

Originally Posted by Abnerdoubleday

Any loss of pp's being removed could be offset by a premium tax on speculating and flipping. I don't really see how that activity enhances the game in any way.

It enhances the game because it makes 'time invested' an option for how to make your team better. Without the ability to flip cards, many non-spending players wouldn't have any way to improve their team beyond the baseline PP income. Taxing that would probably be bad for the health of the economy and game over the long-run.

Orcin · 12-09-2018, 06:08 PM

And again the thread derails... This thread has nothing to do with taxing auction speculators.

11-29-2018, 11:55 AM	#1
Orcin Hall Of Famer Join Date: Aug 2010 Location: Indiana Posts: 9,798	Minimum Bid 101 I do not understand why anyone would list a gold card with a minimum bid of 1000pp. IF it sells at the minimum (many are bid up higher of course), the seller loses the 100pp auction fee. They could have gotten 1000pp immediately via auto-sell. Sellers should always list gold cards at 1100pp min bid. There is nothing to lose by adding 100pp to the min bid because it will sell at 1100 if there is any demand for the card. The same logic applies to diamonds at 4000pp and most of all perfects at 20000pp. Silvers... well it is only 10pp so not much lost. There are auction flippers that bid on every gold card listed at 1000. If they can get the card, they can put it up for a higher price and they can always get their money back via auto-sell if they are overstocked. Why give these people your 100pp?

11-29-2018, 07:44 PM	#6
scott1964 Hall Of Famer Join Date: Oct 2005 Location: Denver Posts: 5,561 Blog Entries: 19	Or if they flip the card, impose a flipping fee, if sold within certain days of the auction end. __________________ This just feels more like waiting in line at the Department of Motor Vehicles. PETA.....People Eating Tasty Animals.

12-09-2018, 05:23 PM	#18
bailey Hall Of Famer Join Date: Jun 2005 Posts: 3,127	Isn't the reason golds are listed at 1000 is because the 1000 is auto-filled and people just don't bother to overwrite it? The best thing to do would be to leave that field blank as an experiment to see if there are anyone posting even lower starting bids! __________________

11-29-2018, 12:41 PM	#2
Matt Arnold OOTP Developer Join Date: Jun 2009 Location: Here and there Posts: 14,120	Even at 1100, the auction house should 10% of that, or 110, leaving you with only 990. To actually at least tie the auto-sell value, gold cards should only be listed for at least 1111, right? We probably should just make that the min value you can actually list them for.

12-06-2018, 01:34 PM	#8
LarryDu4 Minors (Rookie Ball) Join Date: Jul 2014 Posts: 37	A priceless comment!

12-09-2018, 01:09 PM	#11
Orcin Hall Of Famer Join Date: Aug 2010 Location: Indiana Posts: 9,798	The point of this thread is getting lost, so I will repeat it. It is a mistake to list a card on the auction house for less than the autosell price plus the auction fee. The person selling the card is better off to autosell it immediately instead of waiting to get less money. I can't understand why so many people do this. The math is really not that hard, i.e. 1000 > (1000 - 10%).

12-09-2018, 02:51 PM	#15
Abnerdoubleday Minors (Triple A) Join Date: Nov 2013 Posts: 203	Rather than set the minimum price at 10% above the autosell price, why not have the house only take the 10% from any amount received over the autosell price. So if a gold sells for $1000, there is no auction fee. $1001 the fee is $1.

12-09-2018, 06:08 PM	#20
Orcin Hall Of Famer Join Date: Aug 2010 Location: Indiana Posts: 9,798	And again the thread derails... This thread has nothing to do with taxing auction speculators.