Many would say so. Wizards of the Coast, the makers of Magic the Gathering, have worked very hard at balancing the two sides of the coin. On one side, they design cards such that power levels determine the demand (and thus price) for rarer cards on the resale market, and on the other they argue that the cards have no intrinsic value so that buying packs can’t count as gambling since there’s technically no expected profit for the buyers.
Should we also have a ban on all sports memorabilia then? It’s a gamble for me to go to my local team and have the players sign things and then at some point in the future it could be worth a ton of money?
Would this conversation be any different if they sold the cards for what they think the expected value is? Then you’d have people complaining about how they’re charging hundreds for a card and that’s not fair because little Timmy can’t afford it.
Edit: those tumblers that people drink out of have “rarer” colors and designs, better ban those two because of gambling.
Many would say so. Wizards of the Coast, the makers of Magic the Gathering, have worked very hard at balancing the two sides of the coin. On one side, they design cards such that power levels determine the demand (and thus price) for rarer cards on the resale market, and on the other they argue that the cards have no intrinsic value so that buying packs can’t count as gambling since there’s technically no expected profit for the buyers.
Should we also have a ban on all sports memorabilia then? It’s a gamble for me to go to my local team and have the players sign things and then at some point in the future it could be worth a ton of money?
Would this conversation be any different if they sold the cards for what they think the expected value is? Then you’d have people complaining about how they’re charging hundreds for a card and that’s not fair because little Timmy can’t afford it.
Edit: those tumblers that people drink out of have “rarer” colors and designs, better ban those two because of gambling.