Who's Behind the Bounties?

[Squareburgers]

Fanatics must be handing out credit to businesses like Blez and DA's for creating these bounties for cards. This is just a crappy way of enticing gamblers to buy, no different than seeing an amount that can be won on a lottery ticket. A sneaky workaround to avoid calling it gambling and this is a marketing scheme that shouldn't be used in a hobby where kids are involved to some extent with purchasing power.

[hermanotarjeta]

Originally Posted by Squareburgers

Fanatics must be handing out credit to businesses like Blez and DA's for creating these bounties for cards. This is just a crappy way of enticing gamblers to buy, no different than seeing an amount that can be won on a lottery ticket. A sneaky workaround to avoid calling it gambling and this is a marketing scheme that shouldn't be used in a hobby where kids are involved to some extent with purchasing power.

Not to mention with the gross overestimations it misleads consumers into fantasy dreaming about what their cards may actually be worth.

The new trend has made a mockery of our hobby.

[kobemagee29]

Originally Posted by hermanotarjeta

Not to mention with the gross overestimations it misleads consumers into fantasy dreaming about what their cards may actually be worth.

The new trend has made a mockery of our hobby.

But the hobby is thriving, lol. All we need is more card shows

[hermanotarjeta]

Originally Posted by kobemagee29

But the hobby is thriving, lol. All we need is more card shows

And more parallels!

[Crosby 87]

Originally Posted by Squareburgers

Fanatics must be handing out credit to businesses like Blez and DA's for creating these bounties for cards. This is just a crappy way of enticing gamblers to buy, no different than seeing an amount that can be won on a lottery ticket. A sneaky workaround to avoid calling it gambling and this is a marketing scheme that shouldn't be used in a hobby where kids are involved to some extent with purchasing power.

Who's Behind the Bounties?

Fanatics is my wild guess

[csmtampa]

DA and other online sellers are making bank on the markup from these products. Add a bounty and the prices for wax shoot up even more. They have been on easy street for years, and these bounties will keep them there.

[fabiani12333]

Originally Posted by Crosby 87

Who's Behind the Bounties?

Fanatics is my wild guess

Blez has definitely partnered with Fanatics -- they were center stage at Fanatics Fest and heavily promoted the god-awful unlicensed TC basketball product on social media.

But I don't think someone like Ken Goldin is being paid by Fanatics -- he's just clout chasing and flexing, and not wanting to be left out of the hobby news cycle.

So it's a combo of big breakers trying to promote the newest garbage product to sell break spots, and hobby influencers piggy backing on the newest pump-and-dump.

[Boo]

Buddy Ryan

[hermanotarjeta]

Originally Posted by Boo

Buddy Ryan

Jabba or Boba?

[slogue2]

Originally Posted by Boo

Buddy Ryan

This is good.

[oddstuff]

If the big resellers aren't making bank, we wouldn't be here chatting with one another.

[fabiani12333]

Originally Posted by Squareburgers

This is just a crappy way of enticing gamblers to buy, no different than seeing an amount that can be won on a lottery ticket. A sneaky workaround to avoid calling it gambling and this is a marketing scheme that shouldn't be used in a hobby where kids are involved to some extent with purchasing power.

I wholeheartedly agree. I just don't think Michael Rubin, the sports leagues and unions, or Fanatics investors care.

Sports gambling is the future of sports, and trading cards is just one of many ways it's being promoted.

If you're a trading card collector or traditional hobbyist, you just have to be cognizant of the changes being made in the hobby and adjust your approach.

[mossoholic]

Originally Posted by Squareburgers

Fanatics must be handing out credit to businesses like Blez and DA's for creating these bounties for cards. This is just a crappy way of enticing gamblers to buy, no different than seeing an amount that can be won on a lottery ticket. A sneaky workaround to avoid calling it gambling and this is a marketing scheme that shouldn't be used in a hobby where kids are involved to some extent with purchasing power.

Why would Fanatics give them even more free money? Bums are creating the bounties so they can break their countless cases of allocation at higher prices. They also don't even have to pay the bounty. They can just tell you sorry you're sol. Which of those 6 or 7 figure bounties have been paid?

[Triple B]

Originally Posted by Squareburgers

Fanatics must be handing out credit to businesses like Blez and DA's for creating these bounties for cards. This is just a crappy way of enticing gamblers to buy, no different than seeing an amount that can be won on a lottery ticket. A sneaky workaround to avoid calling it gambling and this is a marketing scheme that shouldn't be used in a hobby where kids are involved to some extent with purchasing power.

It’s working, though…ain’t it? I’ve never seen the hobby in such an accelerated state as it is now. This blows away the big 90s boom with the REAL promise of putting your kids though college or paying off your mortgage. Just not on a 1:1 level, but if you can stay away from the gambling aspect, it’s no longer a pipe dream.

Just need players to not juice, be diddlers, flame out or die.

[Cracktoast]

Bounties were around before Fanatics ever took charge granted they have increased but IMO that is just the social media influencers finding new ways to get clicks than anything else.

[eastbayak]

Originally Posted by Cracktoast

Bounties were around before Fanatics ever took charge granted they have increased but IMO that is just the social media influencers finding new ways to get clicks than anything else.

Haha, you're probably right.

I can see that being part of Sports Card Investor's strategy: Offering a high bounty but not offering the highest bounty. Get the clicks without needing to pay out.

Smart tactic too.

[ThoseBackPages]

TenX!

[premium1981]

Like it or not, its smart business. I think the numbers that get thrown out are ridiculous, but thats what makes it smart. Fanatics is absolutely behind it. No one here, myself included, would have an issue with it if it benefited you. No one would say "no thank you" to these bounties if you happen to be the one who pulled the card. Furthermore, as much as people like to complain and mock the overall state of what they are doing and where our hobby is I have to agree with Triple B. Our hobby gas pedal is pressed to the floor. We are seeing a boom that has never happened before. The internet has already taken this stage of the hobby to well beyond anything that happened in the early 90's and it looks like we have a lot more to go.

[EBCollectibles]

You think it's bad now wait until Fanatics takes over completely.

[Bambino22]

Excuse my ignorance. Not a joke question.

Are you saying Blez and others are publicly announcing these bounties to increase sales of breaks / boxes and increase views? And not just to own / collect the mentioned 1/1 card?

Interesting if this is the case. Would make sense. I think you could look at data of boxes sold pre and boxes sold post a big 1/1 bounty being pulled. If it is driving purchase significantly.

Then if it looks clear, if these card companies get special pricing from fanatics based on volume of boxes?

[premium1981]

Originally Posted by Bambino22

Excuse my ignorance. Not a joke question.

Are you saying Blez and others are publicly announcing these bounties to increase sales of breaks / boxes and increase views? And not just to own / collect the mentioned 1/1 card?

Interesting if this is the case. Would make sense. I think you could look at data of boxes sold pre and boxes sold post a big 1/1 bounty being pulled. If it is driving purchase significantly.

Then if it looks clear, if these card companies get special pricing from fanatics based on volume of boxes?

I personally think the Blez Wemby super bounty was just him flexing his poker winnings. I think it was legit from him. All of these other ones, I feel like Fanatics is backing. Like the $100k on Gehrig currently being offered by DA. Its a funnel of cash at the top being pushed through other sources to boost sales and breaker demand for product. Its no different than the Topps Chrome MVP buybacks. Just more promotions and motivation for people to spend. Fanatics is hated by a lot of people, but they have some very good business minds running things.

[JRX]

Is anyone actually collecting on these bounties?

[bounty37h]

Obviously, me.

[NYRE2PECT]

Originally Posted by bounty37h

Obviously, me.

I was going to go with Proctor & Gamble, but I'll give it you.

[whitmm]

So, why would Fanatics be funneling money to a DA if their goal was to drive them out of business? I mean, that's what a lot of people here have been saying, that Fanatics was going to cut off all the big players.