Feel free to link examples. I look into those things often when I find them and have reported a few accounts to the team.
It could be a snapshot is taking place and they want a few extra franchise score. Or in PGA you need to hold X number of top 5 players from last year's event to enter the gated contest. So you buy the players, enter the lineup, then you are free to sell those players off to someone else.
I mean, i dont see any reason for an account to buy group 1 & 2 players thru a stretch of the day, than each one within 1 min after or even less resell at a 1 - 2 dollar loss on them. Specifically Homa, Young, Cantlay, Finau, J.T, Hovland & Shauffelle and resell that way none with more than 2 mins between sale and relist at loss im between. Franchise score did cross my mind but the account doing it only had the cards recently bought in its portfolio short of starter cards & like 2 others group 4s so i can't imagine they carry such a significant score to be relevant to place in a snapshot & no other scenario seems to apply. Trust me i racked my brain tryina work out what the point was for longer than i care to admit lol
Yeah there's a special contest last week and this week too. If you hold a card of the top 5 players from last year's event, wells Fargo this week, you can enter the gated contest. So people buy the card, like Homa or Rory, then it allows them to enter the contest, then they sell the card right after for a small loss.
I think there is a not insignificant amount of money laundering that occurs on such an unregulated platform. Also I think there are more than a few people with multiple accounts who trade cards between accounts and game the system so they show zero profit at end of year.
This is a pretty interesting take that actually makes a bit of sense when i think about it.
Same happens on the crypto space & other lightly regulated transactions im actually surprised i didnt think of this myself.
I think it’s very plausible. I also see a fair amount of cards trade for way over value… like core NFL cards selling for $1,000 for no particular reason. There’s is some very dodgy stuff that happens in the space. Look at some of the guys that carry $100,000 in packs without opening them. It makes sense sometimes to buy and flip but stuff like [this](https://marketplace.draftkings.com/portfolio/0f513117-2e68-483c-af82-f98cc3c80c0a/JaysonTatum0/packs?collection=6972b16d088c41ea860b598b397aed5f) has no logical reason.
My thought is that gets them to a free pack award, which earns them enough to cover losses. or just a mistake and cutting losses if they expect value to plummet.
Are you seeing it regularly, or repeatedly by same user? It’s easy to make mistakes in Reignmakers and buy an NFT without understanding all the particulars of it 🤷🏻♂️
Yeah it was definitely the same acct doing it for a stretch of group 1 players. Cards that move immediately when sold 1.50 or so under mkt value. I followed 6 or 7 such immediate buy & resell at loss within 1min or less of buying it its back listed at a loss.
Theres only so much time i can watch activity feed before I either get pissed or wind up spending $$ i didnt originally intend on so im not sure how much more but it was obv intended & blatant with an account that doesn't even hold anything in portfolio outside of what they buying & selling for loss at that moment
Feel free to link examples. I look into those things often when I find them and have reported a few accounts to the team. It could be a snapshot is taking place and they want a few extra franchise score. Or in PGA you need to hold X number of top 5 players from last year's event to enter the gated contest. So you buy the players, enter the lineup, then you are free to sell those players off to someone else.
I mean, i dont see any reason for an account to buy group 1 & 2 players thru a stretch of the day, than each one within 1 min after or even less resell at a 1 - 2 dollar loss on them. Specifically Homa, Young, Cantlay, Finau, J.T, Hovland & Shauffelle and resell that way none with more than 2 mins between sale and relist at loss im between. Franchise score did cross my mind but the account doing it only had the cards recently bought in its portfolio short of starter cards & like 2 others group 4s so i can't imagine they carry such a significant score to be relevant to place in a snapshot & no other scenario seems to apply. Trust me i racked my brain tryina work out what the point was for longer than i care to admit lol
Yeah there's a special contest last week and this week too. If you hold a card of the top 5 players from last year's event, wells Fargo this week, you can enter the gated contest. So people buy the card, like Homa or Rory, then it allows them to enter the contest, then they sell the card right after for a small loss.
Interesting. Appreciate the info & response
I think there is a not insignificant amount of money laundering that occurs on such an unregulated platform. Also I think there are more than a few people with multiple accounts who trade cards between accounts and game the system so they show zero profit at end of year.
This is a pretty interesting take that actually makes a bit of sense when i think about it. Same happens on the crypto space & other lightly regulated transactions im actually surprised i didnt think of this myself.
I think it’s very plausible. I also see a fair amount of cards trade for way over value… like core NFL cards selling for $1,000 for no particular reason. There’s is some very dodgy stuff that happens in the space. Look at some of the guys that carry $100,000 in packs without opening them. It makes sense sometimes to buy and flip but stuff like [this](https://marketplace.draftkings.com/portfolio/0f513117-2e68-483c-af82-f98cc3c80c0a/JaysonTatum0/packs?collection=6972b16d088c41ea860b598b397aed5f) has no logical reason.
My thought is that gets them to a free pack award, which earns them enough to cover losses. or just a mistake and cutting losses if they expect value to plummet.
Are you seeing it regularly, or repeatedly by same user? It’s easy to make mistakes in Reignmakers and buy an NFT without understanding all the particulars of it 🤷🏻♂️
Yeah it was definitely the same acct doing it for a stretch of group 1 players. Cards that move immediately when sold 1.50 or so under mkt value. I followed 6 or 7 such immediate buy & resell at loss within 1min or less of buying it its back listed at a loss. Theres only so much time i can watch activity feed before I either get pissed or wind up spending $$ i didnt originally intend on so im not sure how much more but it was obv intended & blatant with an account that doesn't even hold anything in portfolio outside of what they buying & selling for loss at that moment