100 points for best sharp analysis re: SBR points

[Justin7]

At 2:40 pm EST on Saturday (after a lot of games have kicked off), I'm giving away 100 points to one person replying in this thread.

Assume the following:
1. The person redeeming points resides in South Bend
2. The redeemer has exactly as many points as necessary to maximize redemption values
3. Any item worth more than $100 will be resold at only 66% of its face value; non-edible items worth less than $100 will be resold at 80% of full value.
4. Any edible pizza will only be half eaten, making its fair value half of its retail value.
5. In valuing items, retail evaluation will be used. Retail will be determined by "best evidence" via links, decided by me.

What single item gives you the best conversion rate of points to dollars (whether resold or using "edible value")?

The best answer will win 100 points. "best" to me means most information added - as soon as someone else posts something, that information is no longer added by subsequent posters. If all responses suck, no points will be awarded.

[StraitShooter]

You are power posting Laddy...anything to do with that stupid Mod thread

[Nickelicious]

Here's the best deal, Justin. Take 1562 points, cash in $100 of Best Buy gift cards, and go buy this online:

http://www.bestbuy.com/site/olspage.jsp?skuId=9166305&type=product&id=1218042736470

Sweet system that could be sold for $80 to most males tagging along with their wives at a yard sale. "Brand New in the Box, Never Used, $200 Retail Value!"

$80 pure cash USA money in your wallet!

[Chi_archie]

wow, seems like a lot of work

[Rio DiNero]

Here's the best deal, Justin. Take 1562 points, cash in $100 of Best Buy gift cards, and go buy this online:

http://www.bestbuy.com/site/olspage.jsp?skuId=9166305&type=product&id=1218042736470

Sweet system that could be sold for $80 to most males tagging along with their wives at a yard sale. "Brand New in the Box, Never Used, $200 Retail Value!"

$80 pure cash USA money in your wallet!

The pawn shop will give you $12 for that system!

[ryanspeer2001]

I will add more in subsequent posts but for the mean time.

2 TRU gift cards = $100 = 1562 Points

Every holiday season TRU has a buy 2 get the 3rd free video game sale.

$100 for $150 in PS3, X360, Pc, DS, Wii whatever.

Sell the 3 games that value $50 each for 80% aka your conversion rate and you have a value of

1562 points = $120



the link above shows the next one as next week!!!

Good value if not GREAT value.

[yisman]

100 points is a nice offer, but I don't think I'm smart enough to complete this task.

[ryanspeer2001]

781 points = $50 walmart gift card

No sales tax in south bend.

Purchase 50 (fifty) Banquet 9oz meals at Walmart for $0.99 each.

50 meals eaten 3 times a day will last you 18+ days.

The average american spends $6.33 a day on food

http://answers.google.com/answers/threadview?id=787129

18 days * $6.33 a day = $113.94

This also leaves over 2 uneaten meals.

781 points = $113.94.

[Bigmikesm]

I doubt anyone attempts this contest. Seems to be too much work. Good luck if you go for it.

[UntilTheNDofTimE]

781 points = $50 walmart gift card

No sales tax in south bend.

Purchase 50 (fifty) Banquet 9oz meals at Walmart for $0.99 each.

50 meals eaten 3 times a day will last you 18+ days.

The average american spends $6.33 a day on food

http://answers.google.com/answers/threadview?id=787129

18 days * $6.33 a day = $113.94

This also leaves over 2 uneaten meals.

781 points = $113.94.

Just give the points away now justin

[Bigmikesm]

781 points = $50 walmart gift card

No sales tax in south bend.

Purchase 50 (fifty) Banquet 9oz meals at Walmart for $0.99 each.

50 meals eaten 3 times a day will last you 18+ days.

The average american spends $6.33 a day on food

http://answers.google.com/answers/threadview?id=787129

18 days * $6.33 a day = $113.94

This also leaves over 2 uneaten meals.

781 points = $113.94.

you're a true survivor and know how to stretch a buck.

[Bigmikesm]

It will only last you 16+ days though. 16 x 3 = 48

[ryanspeer2001]

I won't edit my post but South Bend actually has a 6.0% sales tax but it does not apply to food. That was my implication in the post.

[ryanspeer2001]

It will only last you 16+ days though. 16 x 3 = 48

You are correct, as apparent as some of my minor errors are it is evident that I whipped up the answer pretty quickly as all information is on a first come first serve basis according to Justin7.

I'm sure he will see my oversite and understand

[UntilTheNDofTimE]

In Sacramento,ca we have no tax on food either so i think he'll also understand that

[UntilTheNDofTimE]

im about to try this out hold on

[UntilTheNDofTimE]

.

[ryanspeer2001]

Last one for the night I promise... maybe.

94 points = Commuter Mug
781 points = Amazon gift card

Order 2 of these

http://www.amazon.com/Eight-OClock-Coffee-Original-12-Ounce/dp/B001E50THY/ref=sr_1_1?ie=UTF8&s=grocery&qid=1254468737&sr=8-1

Eight O' Clock premium coffee. 8 (12 oz) bags for $49.24 including free super saver shipping.

You now have 96 oz of premium ground coffee.

Proper brewing basics says one cup of water + 1 oz ground coffee = One cup of coffee.

http://www.answerbag.com/q_view/4503

The average price of a cup of Starbucks or DD is not available in South Bend but it ranges from $1.35 to $1.65 nationally for a small cup.

Lets use $1.40 here.

96 cups of coffee * $1.40 a cup = $134.40

Lets say your local coffee shop is 3 miles away.

96 trips * 3 miles = 288 miles

Gas in South Bend averages $2.34 / gallon

http://www.automotive.com/gas-prices/33/indiana/st-joseph/south-bend/index.html

If your car averages 28.8 miles to the gallon you save $23.40 in gas

$23.40 (gas) + $134.40 (coffee) + x factor of your productivity time =$157.80 + x factor

875 points = $157.80.

[yisman]

781 points = $50 walmart gift card

No sales tax in south bend.

Purchase 50 (fifty) Banquet 9oz meals at Walmart for $0.99 each.

50 meals eaten 3 times a day will last you 18+ days.

Good answer, but a deduction for fuzzy math. 50 meals eaten three times a day will last you 16 2/3 days/16+ days, not 18+.

Nice jump, but a slight stumble on the landing cost you a little bit.

dammit, someone beat me to this. I think I caught it first, but I stepped away for some minutes.

[UntilTheNDofTimE]

6248 SBR points = $400 dollars in Apple gift cards

Redeemer then purchases 2 Iphone 3GS for $200 each. Along with this purchase they have to pay a minimum plan of 49.99 for the first phone and 9.99 for the additional line equaling a total purchase of

$455.98 for the first month

Redeemer then puts both phones on ebay that have a median sell rate of $750 dollars. He sells both and makes

$1500 dollars

Deductions
-459.98 for the first month service
-200( Contract termination fee on each line)
-200( Contract termination fee on each line)
-120( 8% ebay seller fees)

Net Profit $520 dollars

6248 SBR points =$520 dollars

[ryanspeer2001]

6248 SBR points = $400 dollars in Apple gift cards

Redeemer then purchases 2 Iphone 3GS for $200 each. Along with this purchase they have to pay a minimum plan of 49.99 for the first phone and 9.99 for the additional line equaling a total purchase of

$455.98 for the first month

Redeemer then puts both phones on ebay that have a median sell rate of $750 dollars. He sells both and makes

$1500 dollars

Deductions
-459.98 for the first month service
-200( Contract termination fee on each line)
-200( Contract termination fee on each line)
-120( 8% ebay seller fees)

Net Profit $520 dollars

6248 SBR points =$520 dollars

I love this example as I was going to use it but there are some hitches.

Sales tax does exist for this purchase so add 6% to the $455.98

but more importantly Justin7 states in rule 4 that the item can only sell for 66% of face value.

But maybe you are on to something because he also states that if you provide retail evidence of the ebay prices he may see your side.

[UntilTheNDofTimE]

I love this example as I was going to use it but there are some hitches.

Sales tax does exist for this purchase so add 6% to the $455.98

but more importantly Justin7 states in rule 4 that the item can only sell for 66% of face value.

But maybe you are on to something because he also states that if you provide retail evidence of the ebay prices he may see your side.

Yea true but i think the example is obsolete, i didn't do total research before posting this. When the 3Gs was first released it was going on ebay for about 800 bucks. now the median is more around 600 dollars so you may actually take a loss here. Unless the redeemer was a former ATT user with the service with a phone already in tact. Then he would not have to pay a termination fee to continue using the serivce on his previous phone. then the profit would be almost 200%

[UntilTheNDofTimE]

3124 SBR points = $200 dollars in Apple gift cards

Redeemer then purchases 1 Iphone 3GS for $200.



Redeemer is a current ATT user with a Iphone 3g with no need for the 3gs so he sells it. User already has a ocntract plan with ATT so the phone only costs him $200.

Redeemer then puts The Iphone for sale on ebay that has a median sell rate of $600 dollars. He sells The Iphone and makes

$600 dollars

Deductions
-200.00 for the purchase of phone
-48( 8% ebay seller fees)
-12.00( 6% sales tax)

Net Profit $340 dollars

3124 SBR points =$340.00 dollars

[ryanspeer2001]

Good answer, but a deduction for fuzzy math. 50 meals eaten three times a day will last you 16 2/3 days/16+ days, not 18+.

Nice jump, but a slight stumble on the landing cost you a little bit.

dammit, someone beat me to this. I think I caught it first, but I stepped away for some minutes.

I'm not going to lie or BS you the response I laid out was riddled with mistakes as I did no proof read just rushed it out.

Your critiques are right on point and I'd expect nothing less from ya buddy.

[fixxer]

Let's start with 17182 points = 22 ebay gift cards (=1100$)

Buy this ebay item (12x100€ paysafecards)

http://cgi.ebay.de/Paysafecard-1200-EUR_W0QQitemZ330364855570QQcmdZViewItemQQptZGutscheine_1?hash=item4ceb47a512&_trksid=p3286.c0.m14

for it.

As it's a "make an offer title" (with buy it now: 1162$), it can probably be bought for 1100$.

Now let's gather the family and friends (different IP/household/name) for a little bonus hunting (I know it's not a nice thing to do, especially with using SBR points, but this is a contest ), and let's open 12 Bet365 accounts.

Bet365 accepts paysafecard as deposit method, and offers a 100% first deposit bonus with relatively small rollover.

Let's start a "risk free betting" using all accounts, and in the end withdraw the money after completing the rollover - without a real bet and risk of course.

I assume it can be done with a -20% loss, so in the end:

12x200€=2400€-20%= 1920€ = cca 2800$ in the end

2800$-1100$=

net profit: 1700$ for 17182 points

[Dark Horse]

At 2:40 pm EST on Saturday (after a lot of games have kicked off), I'm giving away 100 points to one person replying in this thread.

Assume the following:
1. The person redeeming points resides in South Bend
2. The redeemer has exactly as many points as necessary to maximize redemption values
3. Any item worth more than $100 will be resold at only 66% of its face value; non-edible items worth less than $100 will be resold at 80% of full value.
4. Any edible pizza will only be half eaten, making its fair value half of its retail value.
5. In valuing items, retail evaluation will be used. Retail will be determined by "best evidence" via links, decided by me.

What single item gives you the best conversion rate of points to dollars (whether resold or using "edible value")?

The best answer will win 100 points. "best" to me means most information added - as soon as someone else posts something, that information is no longer added by subsequent posters. If all responses suck, no points will be awarded.

Off the top of my head.

1) The game in question is Washington at Notre Dame.
2) The person bets full Kelly.
3) The person hedges his bet with live betting.
4) The bet is on the first half, or the person trades out at a 50% profit.
5) Best odds will be verified by Justin.

[Dark Horse]

Oh, I didn't answer the question. lol

I'm taking Kelly (2) + Live betting hedge/profit parameters (3), with most emphasis on 3.

[pavyracer]

What the **** is this thread about?

[Dark Horse]

I'd say it's hidden advice, packaged as a riddle.

[keyboarding]

My brain just imploded.

[ryanspeer2001]

Bump

[Justin7]

Here's the best deal, Justin. Take 1562 points, cash in $100 of Best Buy gift cards, and go buy this online:

http://www.bestbuy.com/site/olspage.jsp?skuId=9166305&type=product&id=1218042736470

Sweet system that could be sold for $80 to most males tagging along with their wives at a yard sale. "Brand New in the Box, Never Used, $200 Retail Value!"

$80 pure cash USA money in your wallet!

Grading department: conclusion violates rules; submission rejected.

[Justin7]

I will add more in subsequent posts but for the mean time.

2 TRU gift cards = $100 = 1562 Points

Every holiday season TRU has a buy 2 get the 3rd free video game sale.

$100 for $150 in PS3, X360, Pc, DS, Wii whatever.

Sell the 3 games that value $50 each for 80% aka your conversion rate and you have a value of

1562 points = $120



the link above shows the next one as next week!!!

Good value if not GREAT value.

Interesting. I didn't specify this, but I assumed the value was derived soley from the SBR Store, and resale value thereafter - not from promo hustling. Still though, I'll give this a value of $80.

[Justin7]

Let's start with 17182 points = 22 ebay gift cards (=1100$)

Buy this ebay item (12x100€ paysafecards)

http://cgi.ebay.de/Paysafecard-1200-EUR_W0QQitemZ330364855570QQcmdZViewItemQQptZGutscheine_1?hash=item4ceb47a512&_trksid=p3286.c0.m14

for it.

As it's a "make an offer title" (with buy it now: 1162$), it can probably be bought for 1100$.

Now let's gather the family and friends (different IP/household/name) for a little bonus hunting (I know it's not a nice thing to do, especially with using SBR points, but this is a contest ), and let's open 12 Bet365 accounts.

Bet365 accepts paysafecard as deposit method, and offers a 100% first deposit bonus with relatively small rollover.

Let's start a "risk free betting" using all accounts, and in the end withdraw the money after completing the rollover - without a real bet and risk of course.

I assume it can be done with a -20% loss, so in the end:

12x200€=2400€-20%= 1920€ = cca 2800$ in the end

2800$-1100$=

net profit: 1700$ for 17182 points

Purchase price is in Euros (1200), not dollars. Honorable mention for trying to defraud a sportsbook to maximize SBR points... but we don't want that, so I can't award points.

[Justin7]

Of the legitimate answers, Ryanspeer was the first to identify gift cards as having the lowest point:$$$ ration. Extra mention for eeking out another 7% (not 6%) for ducking Indiana sales tax with food purchases at Wal-Mart.

With this kind of mentality, I bet Ryanspeer gets good numbers too. Congrats Ryan, you're the winner!