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6 months ago  ::  Dec 06, 2012 - 4:20PM #1
NNT
Date Joined: Dec 6, 2012
Posts: 9


Introduction



Magic cards supply keeps decreasing as more accounts are no longer used (in real life, cards may also be lost, and destroyed, accidentally or by using them too much).



When that happens with very useful and rare cards, like the Power Nine in physical Magic, it may reach a point where simply there aren't enough copies, and in the long run the attendance to tournaments continually decreases. That makes tournaments less profitable, so less and smaller tournaments are organized. Also, as the format is less played, there's less interest for it. In the end, the format is no longer played. That's what has happened in real life with Vintage and what will happen with Legacy. To solve that problem, supply needs to be increased. That's good for two reasons: it makes cards available for more people, and they become cheaper, which makes them attractive for more people. Both things mean that the player base can keep growing.



But reprinting cards is very problematic, because it may devalue original cards. And that's very dangerous, because if people see that cards are often reprinted, they are less encouraged to use their money to get them. It's something similar to deflaction, some people prefer not to buy something now because they think that it'll be cheaper in the future. For example, I'd like to have 4 Force of Will to play Legacy online, but I'm worried about a massive reprint of that card, so I simply don't buy them and don't play Legacy.



Magic is an expensive hobby, if lots of people are willing to pay $4 for a booster, $100 for a Revised Underground Sea or for an online Force of Will, it's not only to play with them, but because they know that there's a secondary market where they will be able to get back a big part of their expenditure (or investment). Players also need to trust in Wizards, that has to promise not to reprint those cards in big enough amounts to devalue originals too much. That's why the Reserved List exists. But the Reserved List isn't a good solution, as a diminishing supply in the long run causes the death of Eternal formats, which also affects negatively to the price of those cards that can't be reprinted.



So, we need reprints, but at the same time we need to make players feel safe about their Magic cards purchases. How can we achieve both things (and some more)? Giving dividends to those players willing to expend money in Magic.




Magic Online Booster Dividends



Power Nine will come next year. That will make Vintage card prices increase. The most played card in Vintage is Force of Will, which is already a 100 tickets card. How high will the price get? Are there even enough playsets online to sustain a big enough player base to run regularly big Vintage events? It seems obvious that this card and some others will need to be reprinted. It could be done as Wizards has done in the past, just releasing it in a new sealed product, promo version or doing a promotion like the recent Masters Edition Flashback. But, how could the supply be increased enough to make Force of Will a 50 tickets card while not hurting those that already had Masters Edition copies and making people feel safe about buying expensive online cards?



For every Masters Edition I full set that you have, your account receives 30 new Masters Edition I boosters. For every Foil Masters Edition I full set, you receive 90 new boosters. At the same time, Magic Online runs again booster drafts and sealed deck tournaments where you need boosters to join (you can't just pay 14 tickets to join a draft, you need 3 boosters plus 2 tickets).




Many of those boosters would be opened at limited events. That means that some new boosters would be created (prizes), that would be used again to join more limited events, to create even more new boosters. In a 8-4 or swiss draft, 12 boosters are given as prizes, while 24 are opened during the draft. That means that every draft creates 50% more new boosters. Repeating this infinitely, it means that an equivalent amount of boosters are given in prizes as are used in the first draft. For example, 2048 boosters are given to different accounts and 4096 are opened in the end: 2048+1024+512+256+128+64+32+...=2048*2=4096



Some boosters would be just opened outside of a limited event, or used to join a 4-3-2-2 event, which creates less boosters (as 11 are given in prizes instead of 12), so the total supply of new boosters would be a bit less than double the amount of boosters given as dividends.



30 and 90 boosters are just random numbers, Wizards could choose the number that finds more proper to increase the supply as much as they think it's needed.



Obviously the same could be done with any other set where cards are getting too expensive.




What does Wizards achieve with this?



  • They reprint cards, which is something needed to keep Eternal formats alive, while not hurting people that already have those scarce cards, by giving the newly created copies directly to them.


  • They make people feel much more safe about buying Magic cards, as they know that new copies won't be created and given or sold to anyone, and they also know that Wizards will take care of the game, encouraging people to keep playing, by reprinting scarce cards to make them more abundant and affordable. This would actually benefit those that already have cards, as they would become more intrinsecally valuable (they can't just be played, but also give you dividends).


  • Bulk cards become more valuable, as they are need to have full sets to be able to get dividends. That makes boosters in general also more valuable and increases the demand for limited tournaments.


  • They encourage people to collect online, which is something more rare online than in real life.


  • Those that like to have 4 of everything so they can play anything, would still be able to play anything, and would also have some new extra boosters to sell or draft with them.


  • Wizards benefits by making everyone happy, keeping prices low while encouraging people to buy cards (and therefore boosters and tickets from their store).




How often should Wizards give dividends?



They could either announce to make it regularly, like giving X boosters per full set every Christmas and offering limited events during that time; or just do it whenever they find it more advisable. I think that they should give dividends of each cycle in different times of the year, so people aren't overwhelmed with too many boosters and don't have time to play limited with them.




What happens if some people just hoard sets?



Many of the sets would be held by players not willing to sell them at any price, and willing to open their dividends and sell their extra cards to more players. Hoarding sets is stupid because it isn't profitable for those that do it. The demand for Magic cards is quite elastic. If prices are absurdly high, and no Vintage tournaments run, people will simply play another format and hoarders will have lots of useless cards. People with big amounts of money invested in Eternal cards benefit from people actually playing Eternal, not by cornering the market and making the format unplayable. That's why even big stores like Star City Games have publicly asked for the abolition of the Reserved List.



What store owners would actually do is sell those booster dividends (automatically profiting from that), so players can join limited events with them, increasing the supply of cards and making them more affordable, and therefore keeping Eternal formats alive, which is great for the long run success of their businesses and to keep their card stocks valuable.

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6 months ago  ::  Dec 06, 2012 - 6:03PM #2
bubba0077
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This seems strictly inferior to a 2-for-1 split that was a popular idea several years ago. I don't think any such measure is necessary. Every set is eligible for limited reprinting (up to 1% of the original run/year) under the MTGO reprint policy, and nearly every card is eligible to be placed in any set they want if that many more are needed. The biggest restriction is Force of Will, but even that can be released by other means (i.e., promo) if necessary.
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6 months ago  ::  Dec 07, 2012 - 6:03AM #3
dangerlinto
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Date Joined: Aug 31, 2004
Posts: 2,206

Dec 6, 2012 -- 6:03PM, bubba0077 wrote:

This seems strictly inferior to a 2-for-1 split that was a popular idea several years ago. I don't think any such measure is necessary. Every set is eligible for limited reprinting (up to 1% of the original run/year) under the MTGO reprint policy, and nearly every card is eligible to be placed in any set they want if that many more are needed. The biggest restriction is Force of Will, but even that can be released by other means (i.e., promo) if necessary.




To be fair, Bubba, the 2 for 1 split idea was like 6 years ago at the least.  You and I (and others) might remember those suggestions
 on IPA cards because at the time they were wildly under"printed" online, but many others don't have the benefit of that history.

That being said - agreed.   While I appreciate the call for reprints on certain cards lead people down roads to lead people to these paths, I think Wizards has shown an amazing willingness to get more of everything into the system in ways which are equal opportunity for all, and earn them money. (Which to be honest, is pretty much always going to be a present factor for a WOTC release).  The OP's suggestion is neither of these.


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6 months ago  ::  Dec 07, 2012 - 9:07AM #4
NNT
Date Joined: Dec 6, 2012
Posts: 9

Dec 6, 2012 -- 6:03PM, bubba0077 wrote:

This seems strictly inferior to a 2-for-1 split that was a popular idea several years ago. I don't think any such measure is necessary. Every set is eligible for limited reprinting (up to 1% of the original run/year) under the MTGO reprint policy, and nearly every card is eligible to be placed in any set they want if that many more are needed. The biggest restriction is Force of Will, but even that can be released by other means (i.e., promo) if necessary.




A split would also be great, but I find it worse than giving booster dividends for the following reasons:

  • Wizards would have to at least double the supply. Maybe not so many cards need to be inserted.
  • Wizards would win nothing at the moment of doing that, while if they give boosters, lots of limited events would run, where you need tickets to join, that must have been bought by someone from the Wizards store before.
  • Boosters are more useful than singles. I mean, boosters can be used first to play limited, and then you get the singles to play constructed, instead of directly the singles.
  • What would happen with boosters already not opened? Would they also be split into 2 or more new boosters?
  • It wouldn't encourage collecting as boosters dividends would. Collecting makes the entire pool of Magic Online cards more valuable, and therefore boosters more valuable, and tournaments more attractive. Right now, cards that aren't played and can't be redeemed are worth nearly nothing, even if they are rare.

1% per year is just too low. That limits too much the supply and makes some prices too high. With what I suggest, Wizards could increase supply as much as they want while not hurting people that already have cards now. That would also make people more willing to spend money in Magic Online. I would spend right now thousands of dollars if this took place, as I'm sure it would be great for the game and I would feel safe about my purchase.


Both increasing the supply by a tiny amount and mass reprinting are bad for Magic. The first thing just limits the growth of some formats, and the later makes people feel unsafe about spending money in Magic. 



Dec 7, 2012 -- 6:03AM, dangerlinto wrote:

That being said - agreed.   While I appreciate the call for reprints on certain cards lead people down roads to lead people to these paths, I think Wizards has shown an amazing willingness to get more of everything into the system in ways which are equal opportunity for all, and earn them money. (Which to be honest, is pretty much always going to be a present factor for a WOTC release).  The OP's suggestion is neither of these.



There's already an equal opportunity for everyone to get the cards they want. If some of them become too much scarce and/or expensive, with boosters dividends Wizards would make them more affordable, so more people could have access to them, while not harming those that already had them. So you make everybody happy: those that couldn't get the cards because they were too rare/expensive and those willing to buy them at the current price. You have to consider that many of those that aren't buying something like Force of Will now it isn't just because it costs about 100 tickets, but because it's very likely that it will be reprinted in the future and be worth much less. So it isn't bought, and Classic and Legacy tournaments have very low attendance or don't even run.


We need Eternal to be both affordable, so lots of people can play, and a more or less safe "investment".


If the idea that I suggest took place, Wizards would benefit in a really big way. Not only because of the Limited tournaments that would run to open those dividends, but because many people would be attracted to spend money in Magic Online. Constructed formats player base could grow exponentially, as prices could be adjusted by increasing the supply.





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6 months ago  ::  Dec 07, 2012 - 9:47AM #5
pcjr
Date Joined: Apr 7, 2002
Posts: 1,957
I'm all for Wizards giving me free boosters! But, I don't see what's in it for them. They are better off with their current strategy of taking my tickets and letting me open Masters Editions packs in a limited event.
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6 months ago  ::  Dec 07, 2012 - 11:08AM #6
NNT
Date Joined: Dec 6, 2012
Posts: 9

Dec 7, 2012 -- 9:47AM, pcjr wrote:

I'm all for Wizards giving me free boosters! But, I don't see what's in it for them. They are better off with their current strategy of taking my tickets and letting me open Masters Editions packs in a limited event.




If they really increase the supply just 1% per year, they aren't getting really that much money. Giving dividends, boosters would be free, but many more limited tournaments would run, where you need not only boosters but also tickets to join.

Reprinting this way, not only do they benefit directly, but they make Eternal formats much more affordable, and therefore also make more people join those Eternal tournaments that rarely run nowadays.

It also makes bad cards more valuable, as they are needed to complete set. That makes boosters more valuable, and therefore tournament prizes more attractive.

And it's great for the long term. It allows both to keep expanding constructed formats as much as they want and they encourage people to spend more money in Magic Online, as it becomes a safer "investment".


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6 months ago  ::  Dec 07, 2012 - 1:33PM #7
bubba0077
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Dec 7, 2012 -- 6:03AM, dangerlinto wrote:

To be fair, Bubba, the 2 for 1 split idea was like 6 years ago at the least.  You and I (and others) might remember those suggestions on IPA cards because at the time they were wildly under"printed" online, but many others don't have the benefit of that history.



I didn't mean to imply the OP should've known about it. And yes, it was long ago.

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6 months ago  ::  Dec 07, 2012 - 2:10PM #8
timotheos
Date Joined: Jan 29, 2005
Posts: 1,483

Dec 7, 2012 -- 1:33PM, bubba0077 wrote:


I didn't mean to imply the OP should've known about it. And yes, it was long ago.




Don't say things like that. That was one of the first topics I remember joining in on, and that makes me feel old Cry



Edit: and my suggestion back then was a stock split for all current IPA cards/packs, then give a free draft set to everyone (or maybe just everyone who already owned IPA).

I've bought the cards and made a deck
Now how do I win at this?

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