COLLECTOR GUIDE · RIP & SHIP EDITORIAL

Expected Value of Mystery Boxes

Why headline prize values do not tell you the real cost.

Expected value

Multiply each outcome’s probability by its realizable cash value, sum the outcomes, then subtract the box price, delivery charges and selling fees.

Realizable value

Advertised MSRP may differ sharply from what a buyer will pay for a card, sneaker or gadget. Condition and liquidity affect the result.

Limitations

Published odds may be incomplete, market prices fluctuate and shipping eligibility can make some outcomes harder to realize. Expected value is not a prediction of your result.

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