WAT. WAAAAAAAAT

Kinja'd!!! "PS9" (PS9)
07/07/2016 at 00:19 • Filed to: None

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Gambling. On a video game. Two. Point. Three. Billion. For comparison, this is almost 3x the operating income of Electronic Arts!! That...that’s just...you know what? No. I’m done. It’s over.

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DISCUSSION (16)


Kinja'd!!! Bman76 (no it doesn't need a WS6 hood) M. Arch > PS9
07/07/2016 at 00:23

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Those dudes are going to jail though.


Kinja'd!!! TheHondaBro > PS9
07/07/2016 at 00:25

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You realize these are CS:GO players, right? I bet their parents are going to have a serious talk with them.


Kinja'd!!! PS9 > TheHondaBro
07/07/2016 at 00:26

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BUT DAT TWO POINT THREE BILLION DOE


Kinja'd!!! Sovereign, Purveyor of Coupes > TheHondaBro
07/07/2016 at 00:28

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Don’t make me come in there and cut the duct tape Jimmy.


Kinja'd!!! Hot Takes Salesman > PS9
07/07/2016 at 00:32

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It’s insane. You should watch h3h3's Lies, Deception, and CS:GO.


Kinja'd!!! Nauraushaun > PS9
07/07/2016 at 00:33

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Isn’t this sort of gambling in a nutshell? You give someone your money, overall they give you less of it back. A few people make more than they spent, the vast majority loses.

But the people who take the money spend very little, they don’t create anything or provide much of a service. All profit.

I wonder how much money sports gambling makes, and is it really so different?


Kinja'd!!! Sam > Nauraushaun
07/07/2016 at 01:59

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It is gambling. They were trying to claim it wasn't and advertising it to children. Needless to say, the FTC is going to have a nice little chat with them. And it will involve a pair of handcuffs.


Kinja'd!!! Nauraushaun > Sam
07/07/2016 at 03:06

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Oh good point. That’s dark. Gambling ruins so many lives, starting them young is hideous.


Kinja'd!!! Conan > TheHondaBro
07/07/2016 at 03:07

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Yeah... normally I wouldn’t object so much but the targeting of kids isn’t cool.


Kinja'd!!! TheRealBicycleBuck > PS9
07/07/2016 at 08:20

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For those who have no idea what is going on, take a look at this article and watch the embedded video.

In short, Valve created a system of random rewards that appear in many of their games. The rewards often appear as “crates” that have to be unlocked with a virtual key that you purchase for $2.50 apiece.

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The rewards are new items or new color schemes for the same old items. Think of it as a vinyl wrap for your car. Valve also created a marketplace where items can be traded.

It wasn’t long before people started selling the items instead of trading and third parties developed sites that broker the transactions. The next step, of course, was to create gambling sites where you could buy an opportunity to win the items instead of just buying them outright.

With gambling comes scandal and it was just discovered that two well-known youtubers (I hated writing that word) who promote some of the gambling sites actually own those sites. Yikes. The shocking part is how much money is being funneled through this industry.

From my interactions with other parents, I’m sure most of them have no idea what is going on. I count myself fortunate that I stayed somewhat involved in the gaming world, even if it was just on the fringe. This generation of kids have little or no guidance in these matters because most of their parents have no experience in the virtual world.


Kinja'd!!! Takuro Spirit > TheRealBicycleBuck
07/07/2016 at 09:49

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I watch a LOT of gaming on YouTube. But one thing I cant stand is “case opening” videos, or twitch streams.

If I wanted to sit here and watch someone waste money gambling I’ll hang out with my parents at the bars with the quarter machines, or at the local Indian casinos.

Bleh.


Kinja'd!!! TheRealBicycleBuck > Takuro Spirit
07/07/2016 at 09:55

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My son likes to watch gaming videos. I ended up blocking youtube at the house so he could get his mind on something else.

I thought the crates were a dumb idea when they came out. My son and I played TF2 a few months ago (wait, that was over Christmas vacation!) and I saw that I still had crates in my inventory from years ago. I’ll never buy keys for them. If I played more often and needed the room, I suppose I’d just delete them.


Kinja'd!!! Takuro Spirit > TheRealBicycleBuck
07/07/2016 at 11:39

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I just don’t get the fascination of spending $x.xx to get a item that just LOOKS different, but adds nothing to the gameplay, that can be sold for $xxx.xx because its rare.

Its not like it makes you better at the game.

It’s like collecting ‘rare’ Beanie Babies, as far as I’m concerned.


Kinja'd!!! TheRealBicycleBuck > Takuro Spirit
07/07/2016 at 11:41

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I completely agree. I bought the games years before they went to a microtransaction model. I’m glad they did since it keeps the game alive, but I won’t be paying any more money into the system.


Kinja'd!!! Takuro Spirit > TheRealBicycleBuck
07/07/2016 at 11:52

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The last new game I bought personally was made in 2013, and re-released last year for Xbox One.

No micro transactions.

My kids have Nintendo WiiU and DS/3DS games but are locked out of buying anything.


Kinja'd!!! TheRealBicycleBuck > Takuro Spirit
07/07/2016 at 12:00

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I have purchased a few games for the XBox and XBone, but most of those were for the kids. My kids have Steam accounts and DSs, but they only get money when they ask for it and it can only be spent on items after approval from dad. :)

I try to stay on top of the games they are playing so I know what they are getting into. I’ve even gone as far as setting up a home server so they had a safe place to play games like Minecraft and TF2 with their friends.