Jackpot?

[Raven of the Darkened Sky]

I find the new Jackpot that they have created to be quite interesting. Given that we are using actual money to purchase the GCash, which you then use to buy your lottery ticket and subsequently "gamble" for the chance at the jackpot, I wonder how this is allowed? Does this seem strange to anyone else? What are your thoughts on this... for lack of a better term... feature?  

[Pwnder]

Raven of the Darkened Sky

I find the new Jackpot that they have created to be quite interesting. Given that we are using actual money to purchase the GCash, which you then use to buy your lottery ticket and subsequently "gamble" for the chance at the jackpot, I wonder how this is allowed? Does this seem strange to anyone else? What are your thoughts on this... for lack of a better term... feature?

I bought some of the first two weeks Jackpots, no more than six the first week and like 4 the second week. I sold two in the MP on the second week because they were more valuable to me as gold sink material than Winners. First week I only got 100GC out of 6 and plenty of the lame fail prize. Nothing from the two I didn't sell from week 2. I won't be buying anymore because I don't want a buttload of the fail item in my inventory. If I do buy it will just be to sell in the MP, but I think the value is going to plummet quickly because if the 'fail item'. If it were like a random item or RIG it wouldn't be so crappy an investment, but it is. 99GC for that is a bit much to ask and get the same item all the time as fail. I don't give two shakes if they Alchemize the fail item, that too will get old.

They might do better by charging 10GC each and giving out that same fail Item, if that is what they need to do. I'd probably buy more just for the chances and be better able to accept the cost of fail. Besides that, who needs more than 100,000GC anyway? If I won that I'd probably never buy GC again. Or I'd buy out entire stocks of LQI'S and such. We just don't need people doing that kind of stuff with that kind of GC. If the jackpot was 30,000Gc and I was able to purchase more chances, I'd do that. The whole thing is now awkward.

Anyway, gambling? Maybe, but really what are we truly getting by spending our money on Gaia? Entertainment, it's all it is. We can't take a single Gaia thing with us when we die. It doesn't count as a legal asset in any form. Everything we have here belongs to Gaia Interactive, even our accounts and every last bit of GC on them. We buy the GC, what we buy with the GC is up to us, that's how it is allowed. Getting nothing in return would be considered a gamble, with this we get the 'fail item' , so it's technically not a gamble. The real gamble is buying the GC and getting your entertainments worth! That gamble hasn't went so well in the past couple years for many users...

Now in week three, I'm bored already and apparently the site is too. We can see it in how low the jackpot has gotten each week.

*rambles on*  

[Raven of the Darkened Sky]

Pwnder

Raven of the Darkened Sky

I find the new Jackpot that they have created to be quite interesting. Given that we are using actual money to purchase the GCash, which you then use to buy your lottery ticket and subsequently "gamble" for the chance at the jackpot, I wonder how this is allowed? Does this seem strange to anyone else? What are your thoughts on this... for lack of a better term... feature?

I bought some of the first two weeks Jackpots, no more than six the first week and like 4 the second week. I sold two in the MP on the second week because they were more valuable to me as gold sink material than Winners. First week I only got 100GC out of 6 and plenty of the lame fail prize. Nothing from the two I didn't sell from week 2. I won't be buying anymore because I don't want a buttload of the fail item in my inventory. If I do buy it will just be to sell in the MP, but I think the value is going to plummet quickly because if the 'fail item'. If it were like a random item or RIG it wouldn't be so crappy an investment, but it is. 99GC for that is a bit much to ask and get the same item all the time as fail. I don't give two shakes if they Alchemize the fail item, that too will get old.

They might do better by charging 10GC each and giving out that same fail Item, if that is what they need to do. I'd probably buy more just for the chances and be better able to accept the cost of fail. Besides that, who needs more than 100,000GC anyway? If I won that I'd probably never buy GC again. Or I'd buy out entire stocks of LQI'S and such. We just don't need people doing that kind of stuff with that kind of GC. If the jackpot was 30,000Gc and I was able to purchase more chances, I'd do that. The whole thing is now awkward.

Anyway, gambling? Maybe, but really what are we truly getting by spending our money on Gaia? Entertainment, it's all it is. We can't take a single Gaia thing with us when we die. It doesn't count as a legal asset in any form. Everything we have here belongs to Gaia Interactive, even our accounts and every last bit of GC on them. We buy the GC, what we buy with the GC is up to us, that's how it is allowed. Getting nothing in return would be considered a gamble, with this we get the 'fail item' , so it's technically not a gamble. The real gamble is buying the GC and getting your entertainments worth! That gamble hasn't went so well in the past couple years for many users...

Now in week three, I'm bored already and apparently the site is too. We can see it in how low the jackpot has gotten each week.

*rambles on*

Interesting... I didn't realize there was a fail item. I thought it was the sort of deal where you either win GCash or nothing else. What is the fail item? Just a random item, and the same one every time? Seems kind of silly....

And you make a good point. I didn't consider that you are not gambling actual currency. You are purchasing the currency, yes, but it cannot be redeemed for a true cash value. I wonder how long this can last?  

[Neshira Namea Returns]

Raven of the Darkened Sky

Pwnder

Raven of the Darkened Sky

I find the new Jackpot that they have created to be quite interesting. Given that we are using actual money to purchase the GCash, which you then use to buy your lottery ticket and subsequently "gamble" for the chance at the jackpot, I wonder how this is allowed? Does this seem strange to anyone else? What are your thoughts on this... for lack of a better term... feature?

I bought some of the first two weeks Jackpots, no more than six the first week and like 4 the second week. I sold two in the MP on the second week because they were more valuable to me as gold sink material than Winners. First week I only got 100GC out of 6 and plenty of the lame fail prize. Nothing from the two I didn't sell from week 2. I won't be buying anymore because I don't want a buttload of the fail item in my inventory. If I do buy it will just be to sell in the MP, but I think the value is going to plummet quickly because if the 'fail item'. If it were like a random item or RIG it wouldn't be so crappy an investment, but it is. 99GC for that is a bit much to ask and get the same item all the time as fail. I don't give two shakes if they Alchemize the fail item, that too will get old.

They might do better by charging 10GC each and giving out that same fail Item, if that is what they need to do. I'd probably buy more just for the chances and be better able to accept the cost of fail. Besides that, who needs more than 100,000GC anyway? If I won that I'd probably never buy GC again. Or I'd buy out entire stocks of LQI'S and such. We just don't need people doing that kind of stuff with that kind of GC. If the jackpot was 30,000Gc and I was able to purchase more chances, I'd do that. The whole thing is now awkward.

Anyway, gambling? Maybe, but really what are we truly getting by spending our money on Gaia? Entertainment, it's all it is. We can't take a single Gaia thing with us when we die. It doesn't count as a legal asset in any form. Everything we have here belongs to Gaia Interactive, even our accounts and every last bit of GC on them. We buy the GC, what we buy with the GC is up to us, that's how it is allowed. Getting nothing in return would be considered a gamble, with this we get the 'fail item' , so it's technically not a gamble. The real gamble is buying the GC and getting your entertainments worth! That gamble hasn't went so well in the past couple years for many users...

Now in week three, I'm bored already and apparently the site is too. We can see it in how low the jackpot has gotten each week.

*rambles on*

Interesting... I didn't realize there was a fail item. I thought it was the sort of deal where you either win GCash or nothing else. What is the fail item? Just a random item, and the same one every time? Seems kind of silly....

And you make a good point. I didn't consider that you are not gambling actual currency. You are purchasing the currency, yes, but it cannot be redeemed for a true cash value. I wonder how long this can last?

I think Pwn may have been confused and thought you meant Jinx lottery?
I dunno.

I think it's a good thing. No one is forcing anyone to participate and it's a good way to have users spend the cash gaia needs right now. Gaia is pretty much broke, Goldemort made sure of that. This lottery jackpot thingamabob is kinda fun. I bought one for shits and gigs and I bet a lot of others will as well.  

[Pwnder]

http://www.gaiaonline.com/marketplace/itemdetail/10346657
There's your fail item, there's a paws version too.

The first jackpot run went up to 800,000gc, the second week was around 400,000 or more. This week's is not even 100,000 yet. I don't think users much appreciate a repeat fail item.

confused  

[Pwnder]

Just to let the world of Gaia know, I bought 8 of the Week 3 Jackpot. If I get nothing but Jackpot Baby items, I won't buy another unless I use it for gold sink material.

I always give something a 3x chance before I decide permanently...

I'm just really bitter about getting the same item over and over again. This is one of the reasons why I hate the monthly RIGs.  

[Raven of the Darkened Sky]

Pwnder

Just to let the world of Gaia know, I bought 8 of the Week 3 Jackpot. If I get nothing but Jackpot Baby items, I won't buy another unless I use it for gold sink material.

I always give something a 3x chance before I decide permanently...

I'm just really bitter about getting the same item over and over again. This is one of the reasons why I hate the monthly RIGs.

What a pain!! I guess in some ways it is a good thing? To bring down some prices? But overall, getting 10 of the same item is just another source of valueless clutter...