UNLOCKED PROTRADER: Variance and Masters 25

Here’s the scenario:

You hear about a run of boxes where every 8th pack, there’s a $50 mythic. You travel to where those boxes have been sent, and you head to the counter, and start counting. Every time someone buys packs, you keep track, you monitor when the money shows up and now you count packs, buying a pack after seven others have been purchased.

You’ll make a lot of money that way but every other person is gonna be pissed. That’s called a fixed-ratio schedule. Every X trials, a desired outcome happens.

Humans figure that out really quickly, and it’s not a formula for success. What we would get is the box mapping scenario, or the peeking at packs: Some people figure out where the money is and then sell the loose boosters at slightly less. In the case of Masters 25, if you opened six good rares/mythics and were about even on value, you could put the rest of the loose packs on eBay or Amazon for $5 or $7 each and clean up.

Gambling (and I’m including opening Magic: the Gathering packs here) works on a variable-ratio schedule. With every trial, there’s a chance of the desired outcome. Because it’s random, you might get two really good packs in a row, you might have 30 bad packs in a row.

Weirdly, the longer the run of negative outcomes, the more likely humans are to keep trying. WE ARE DUE. This works on video games, slot machines, booster packs, etc.

I bring this up because Masters 25 is shaping up to be a really frustrating set to open.
It’s a truism that you should never buy loose boosters. Box mapping, peeking, weighing, there’s a lot of margins that people can exploit. Don’t do it for those reasons, but also don’t do it because it’s just bad value.

For instance, Rest in Peace was just previewed for the set yesterday. Right now, it’s a $10 card. At MSRP, you need to hit that card to break even. You have about a 1 in 3 chance (at current prices/spoilers) to open a pack with a card that has retail value of $10 or more. That’s better than a lot of other sets. Some data:

set Cards worth > $4 or $10 # of rares + mythics in set % chance of winning
RIX 13 65 20%
IXL 16 82 19.5%
IMA 15 68 22%
EMA 16 68 23.5%

These are only the cards that retail for the cost of the pack, so if we are talking about Eternal Masters, something worth exactly $10 (Maze of Ith) is as much as a win something going for $140 (Jace, the Mind Sculptor) and that brings us to how many we need to open.

You’ll have to open about five packs to get one worth $10, on average. You’ll spend $50 to hit one $10 card. At that rate, your numbers get much much worse. There’s only three cards in EMA worth $50, and that rate is so much worse.

Is there the potential for a three-Jace box? Absolutely. You might hit a Jace and a foil Force of Will, and you’ll feel like you hit the lottery, and it’s a great great feeling.

You’ll also open boxes with Balance, Worldgorger Dragon, and Sphinx of the Steel Wind, and which have foils of Nevinyrral’s Disk, Eight-and-a-half Tails, and Malicious Affliction.

That level of variance is a bad investment. It’s bad value. It’s not worth it, and Masters 25 is going to be worse, it seems. You will hear about amazing boxes, but people won’t be trumpeting their godawful mythic pulls the same way.

If there’s cards you want from Masters 25, just go buy them, about three weeks after the release. We haven’t seen the whole spoiler yet, but the early signs are that this set is going to smash a lot of prices.

Masters 25 appears to have a pair of card types getting a reprint: Multi-format staples whose prices will drop and slowly rebound, or cards which had a high price due to low supply, and those prices are going to fall off a cliff.

Sticky: Blood Moon

Blood Moon is a card that has had a lot of printings, including two Modern Masters printings, and it’s managed to remain a $20 card. That level of price retention is testament to its popularity, mainly in Modern as a backbreaking sideboard card in a lot of matchups.

Among the decks that get counted, this is the 12th most popular card in Modern, even though blessed few decks are playing it in the main. A full 1 in 5 decks has at least one copy in their 75, the average is between 2 and 3. That’s some amazing numbers, considering the popularity of Modern.

I wouldn’t be shocked if this trickled down into the $15 range, but it’ll get back to $20 within a few months. It won’t go higher and it won’t go lower.

 

Slider: Rishadan Port

Let’s be clear: Port is a powerful card in denial strategies. In the right deck, and god forbid in multiples, it can severly limit what a deck can do in Legacy matches.

Unfortunately, Legacy and Cubes are the only formats where this gets played. Yes, you can use this in Commander, but the benefit is pretty low, and a colorless only land has to be pretty awesome to be worth the addition.

Port is a 4-of in Legacy Death and Taxes builds, but not being Modern legal is a big knock. The only supply has been the original Mercadian Masques printing, and a recent judge promo. At a presale point of $50 it’s already lost nearly half the value. I don’t think the original will move much, but the new version will struggle to stay above $40, because not that many people need it.

 

Cliff is an avid Cuber and Commander player, and has a deep love for weird ways to play this game. His current project is a light-up sign for attracting Cubers at GPs, so get his attention @wordofcommander on Twitter if you’ve got ideas or designs.

Brainstorm Brewery #279 Masters 25

 

A very sleepy brew crew, Corbin (@Chosler88), Jason (@jasonEalt ) and DJ (@Rose0fThorns), crack open an episode that is guaranteed to have more EV than a Masters 25 pack. Seriously even this cast isn’t as bad as Tree of Redemption. (ugh) The crew discusses all the information that you need to know heading into Masters 25 and what to expect from the reprints.

Also, make sure to check us out on Youtube  https://www.youtube.com/user/BrainstormBrewery

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Unlocked Pro Trader: Priced Back In

Hello, nerds,

Today we are partially through the Masters 25 spoilers and while that’s not super duper financially relevant for us for the most part unless you’re holding a bunch of copies of cards and are sad (R.I.P. Thalia, Guardian of Thraben spec) to watch your money catch fire, we’re months away from me writing my “These cards are at their floor, but now” article like the one I wrote last week that no one commented on but a lot of people read. The google analytics say it was one of my most popular articles of 2018 and the lack of comments say that it was perfect and you couldn’t find a single fault with it. I knew it; I knocked it out of the park.

Let’s knock it out of the park this week by trying something new and useful. Our original method for this series was to look at new printings of cards that might make other cards also in the decks go up and buy those other cards. The new card may hit, it may not but if it enabled archetypes, its own financial upside was irrelevant. EDH isn’t enough demand to make Admiral Beckett Brass worth money but you better believe a bunch of stupid pirates are pricey. We haven’t really applied that principle to reprints. That isn’t we never tried it before today. However, I think Masters 25 is giving us a reason to look at more cards than a normal Masters set.

Priced Out

Some cards are just too expensive to even consider. Proxies have always been a thing (for poors) in EDH but for some reason, there are some cards that people never even consider inside the realm of possibility. Price has a lot to do with it – they never see anyone use the card so they don’t even know it exists or maybe the group would get salty about a guy with a $40 unsleeved deck having a Mana Crypt in the deck. Some cards are just priced out of people’s decks and most of the time they include a budget alternative or just eschew the card entirely. If the card suddenly becomes not only attainable, but easily attainable, the dynamic changes and entire new deckbuilding avenues open up. I think there are a few cards people are currently “Priced out” of and I think that will change. The cards in those decks will have some upside going forward depending on the degree of correlation and I think that is where we make the money. Let’s think about what to buy, shall we?

 

Imperial Recruiter

How low can this go? I could see this tanking as low as $30 or so before it stops its slide to oblivion and that’s very good for a small number of EDH player that will soon be a much larger number. Recruiter of the Guard has been a huge hit in EDH and the decks that can run both are now super stoked and the decks that don’t have White can have a chance to do their own recruiter shenanigans. This majorly impacts a few decks.

The numbers here are less important than the ratios. Roughly a number of Animar and Alesha decks are affected and roughly half that number of a bunch of decks ranging from Marath which would love to tutor for a combo piece to Krenko which obviously would love a second copy of Kiki-Jiki in the deck can benefit from affordable Recruiters. I’ll post a few highlights from Animar and Alesha.

Shaman of Forgotten Ways

How low can this go? I doubt it goes much lower, basically ever. The dealers are starting to pay more and more and I think this card’s reprint risk is much lower than most people probably do. Even though it ended up being fine and people are really dumb, this was still something everyone expected to be banned in EDH. While it’s not banworthy it’s still very potent and I have replaced the Black Lotus-esque Somberwald Sage with this in a lot of decks because of the win condition. That’s a lie – I run both and I cut something like Brainstorm, but still, if I had to pick one or the other, I’d go with this.

The foil keeps flirting with $20 and with the low supply of foils, this just needs a little nudge over the cliff. I think this is an excellent target for Imperial Recruiter, helping you get from 3 mana to 5 and possibly yanking a win condition out of your deck. I’m bullish as bullish can be about this in both foil and non-foil and I think if Recruiter doesn’t do it, a year falling off of the calendar will.

Master of Cruelties

Probably due for a reprint soon (If you’re reading this Friday and you’re like “WTF this is in Masters 25!” just know that you’re in my future and I don’t know that yet), this casual favorite keep climbing straight to the stars. It does a lot of work in Alesha and putting it into play tapped and attacking is pretty sneaky. This straight murders people (well, no, the other creatures murder them) and it’s tutorable with Imperial Recruiter, which is what we want to happen, right?

While we’re on the subject, I want to point out that I find the rate of growth of the foil pretty surprising. Usually casual cards don’t have a very healthy foil growth rate but if you compare about 5 or 10 data points you pretty quickly figure out that this is maintaining a bare minimum 2x multiplier and it’s nothing special. This is far from a staple but I can’t see building Alesha without it. I’m bearish on foils and bullish on non-foils which, since the foils are at a bare minimum multiplier, could mean the foils have upside anyway.

Harsh Mentor

So there’s a lot of Amonkhet out there. That’s OK – I’ll wait. Meanwhile this card is in 1,500 decks on EDHREC and could be in a lot more if Alesha gets built more. This card is honestly better than people are giving it credit for and I think as people register more decks, the numbers will reflect a reality that they aren’t currently. It’s either that or only 175 people are running The Immortal Sun in EDH. Go check its page out. I think Mentor has more upside than we know and I like it.

Azusa, Lost but Seeking

This is in a lot of decks and even in quite a few as the commander. Also, the prerelease price on Card Kingdom is a third of what current retail is so that’s quite a reduction. I also think $18 is a little high for a non-mythic but its relevance in formats outside of EDH should bolster its price a bit. Regardless, we’re talking about a 2/3 reduction in price which can take it from “$55, are you insane?” to “Yeah, I’ll pay $15 or whatever” at peak supply. I bet this can flirt with $10 or less.

I don’t know how many Azusa decks will get built as a result of her reprinting but we can peek quickly at cards that would be affected.

Woodfall Primus

Woodfall Primus is pretty stable after its reprinting and has recovered a lot of its value. It’s holding pretty nicely in the original printing but the Modern Masters copies are a little more affordable. That said, Modern Masters didn’t give us that many copies and it’s been 5 years. Check out this graph.

You see what I see? It’s subtle, so I will zoom in on it.

That’s an arbitrage opportunity. That was a dealer going out of stock, seeing that retail wasn’t far off of what he was willing to pay and saying “screw it” and buying some copies. That affected the retail price since they clearly bought retail and the buy price went right back down because that one lunatic dropped their price since they got what they wanted at retail. That was recently. I think supply is getting low and that means the price is about to move. I realize the lines are diverging again, but how long until someone else runs out of stock of a very good EDH card and takes a look at how low supply is? I bet the dealer and retail prices re-converge and I bet it happens soon. Correlating that with the impending release of affordable copies of Azusa doesn’t seem that far-fetched. I feel very strongly about Woodfall Primus at current retail and I don’t care who knows it. I mean, I would prefer Pro Traders found out first, but after that, I don’t care.

Defense of the Heart

That stupid spike throws off the graph and makes it tough to read, but the price has been basically $10 basically forever. I think people think this is on the Reserved List, which isn’t a terrible assumption. It is not. Ring of Gix and Second Chance are, but not this card. This gets played in 4,337 decks on EDHREC and at $10, it’s a good deal for as old as it is. We’ll see if James Chilcott gets mad at me for mentioning this to you nerds – he asked me about this card last week and I didn’t think anything of it until I came across it in the Azusa lists and realized that it’s not actually on the Reserved List. Do I expect a reprint? Eh, maybe not. It’s not really on anyone’s radar and they’re not nimble enough to get a reprint out before anyone who bought in at $10 got out at $30. Unless, you know, it’s in Masters 25 and you know that but I don’t.

That’s what I got. We will know the full spoiler next week and that will give me some sort of idea about what to write about. That said, we found some very strong picks in this one and regardless of whether the lower price makes these archetypes take off, these cards are going up in price. Until next time!

PROTRADER: The Watchtower 2/26/18

By: Travis Allen
@wizardbumpin


Don’t miss this week’s installment of the MTG Fast Finance podcast, an on-topic, no-nonsense tour through the week’s most important changes in the Magic economy. And if you enjoy playing Magic, make sure to visit https://scry.land to find PPTQs, SCG Opens, and more events on an interactive map with worldwide coverage. Find Magic near you today.


With a wide variety of decks in the top 8 and top 32 of GP Memphis, Standard is looking healthy for the first time in awhile. Players seem overall pleased and excited for the format after having spent nine of the last twelve months griping about it. Add in the newly spoiled Challenger decks which seek to put tier 2ish prebuilt lists into the hands of players for $30, and FNM is sounding even better.

Of course none of this matters for us, since the Standard markets are going to be dead until October. Challenger decks have laid to rest any chance you may have had to cash out on soon-to-rotate staples, and with the summer lull creeping ever closer, it’s just not where you want to be for now. We’ll start thinking about it again in July or August, when prices are at their low and we can start looking for Ixalan pickups heading into rotation. It will be the first Standard without Masterpieces since Battle for Zendikar three years ago, so hopefully card prices will have a little more bounce in them.

Flameblade Adept (Foil)

Price Today: $3
Possible Price: $7

Jace and Bloodbraid are making their presence felt in Modern. Neither has dominated the format yet, but they’re certainly both key cards doing a lot of work. They’re certain to shape what strategies are viable in the coming months, and it will be hard to play a midrange deck that doesn’t include one of these cards by June.

One strategy that’s always done just fine in spite of these cards is dredge, or dredge-like builds. They tend to be immune to the discard/removal grinding of Jund, since there’s usually a way to bring all your creatures back repeatedly from the graveyard, annihilating their card advantage. Jace decks also typically lack the tools to meaningfully interact, and all the Delays and Mana Leaks in the world won’t stop three Bloodghasts from coming back for the fifth time from a land drop.

Modern’s current dredge deck of choice is BR Hollow One. It looked a little flash-in-the-pany when it was first rolled out, but continued success has proven it’s the real deal. It has a few cards new to the Modern stage, and Flameblade Adept is one of them. Admittedly it’s not going to do a lot of work in other strategies, but here, it’s a one mana 1/2 that’s capable of swinging for five or six nearly unblockable damage on like, turn two.

A few foils are floating around out there in the $3 range, but not many. Expect these to drain fairly quickly, and new prices to settle in the $5 to $8 range. It’s only useful in one deck, but it’s a deck people enjoy, and is well positioned in this new meta. Keep an eye out for trade binders and LGS cases, and you may be able to make several bucks a copy.

Fulminator Mage

Price Today: $25
Possible Price: $40

Ah, Fulminator Mage. He and I go way back. Like, Shadowmoor back. This guy, this is the guy. He blows up lands. He attacks for two. He irritates the hell out of people trying to cast Wurmcoil Engine and Jace. What more could you want?

Fulminator Mage has been a part of Modern for a long while now. I don’t think he was heavily played right at the start of the format, but eventually he became a staple. Without digging through the history books, it was probably shortly after people put together a good Tron list.

Before long Fulminator Mage had climbed to a $40 price tag, which at the time was impressive, given that he was rarely played in main decks. Eventually we got the Modern Masters 2015 reprint, and his price took a dive. And while his presence in the format waxes and wanes, it’s certainly on the upswing right now. It’s hard to find a Bloodbraid deck that isn’t packing the angry smoke of cloud. He’s a top three cascade target, along with Liliana of the Veil and Kolaghan’s Command.

In the last four years, he’s jumped to $40 three times. We’re now almost three years since MM2, and there’s a real good reason to want Fulminators in Modern again. Without a Masters 25 reprint, he’s positioned to hit it again.

Thought-Knot Seer (Foil)

 

Price Today: $22
Possible Price: $40

Urza lands probably shouldn’t be in Modern. They are capable of making seven mana on turn three which is flatly unfair. Sure you’ve got to do some work to make it happen (sometimes), but even then it’s absurd. The only other way to produce that much mana on turn three in the format is with two to four cards on top of three lands. Just not fair guys.

That said, it’s legal, so people are going to use them to jam Eldrazi into each other’s faces until they’re not. (And even after, most likely.) One of the best Eldrazi to be jamming into someone’s face is Thought-Knot Seer. Take their Karn Liberated. Take their Bloodbraid Elf. Take their Jace. Take their Scapeshift. Take their hopes and dreams.

We’ve been barking up this tree for awhile, and supply is getting real low. Many major vendors are already charging $35 to $45. Cheaper copies are on TCG, but for how long? Eldrazi Tron is shaping up to be one of the strategies that can compete with Bloodbraid and Jace. That’s going to position these foils well over the coming months and years.


Travis Allen has  been playing Magic: The Gathering since 1994, mostly in upstate New York. Ever since his first FNM he’s been trying to make playing Magic cheaper, and he first brought his perspective to MTGPrice in 2012. You can find his articles there weekly, as well as on the podcast MTG Fast Finance.



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