StackTown Sports Cards

I buy & sell sports cards — MLB | NBA | NFL | NHL | F1 — PC Syracuse. Buying too much Kyle McCord.

[StackTown Sports Cards @stacktowncards]

ICYMI: I started a trading card newsletter with two colleagues from the betting world.

"The Short Print" is focused on the business and the legal backdrop behind digital pack rips given this emerging crossover with the gambling industry.

Sub for free! https://t.co/mRSXBySBLk

[Nick Devor @nickdevor_]

If anyone needs a crash course on digital rips/digital repacks today, here's a gift link to my story on the space from August:
https://t.co/9L2sr295QP

[Nick Devor @nickdevor_]

SCOOP: Before launching its digital rips product, PrizePicks sent a briefing to every state attorney general and met with gambling regulators to share what they were planning.

It was a proactive move to assuage concerns that digital rips could be considered gambling, and may have helped lay the groundwork for broader gambling industry adoption of digital rips.

While digital rips seem to meet the standard definition of gambling—the customer pays for a random chance to win a prize of monetary value—PrizePicks' view is that they are simply digitizing the age-old practice of opening a pack of physical trading cards, which isn't considered gambling under the law.

“This is much more like an e-commerce transaction than it is a form of gambling,” PrizePicks chief legal officer Jason Barclay tells me.

Still, Barclay says “we recognize that anything in the sports entertainment space can be subject to abuse, can be subject to addiction.”

About half of Wednesday’s press release announcing PrizePicks Packs is dedicated to consumer protection measures that come with the product: Customers need to be 18 years old and the app has built in deposit limits. Users have the option to cut themselves off, a casino-industry practice known as self-exclusion.

Gambling or not, the trading card market has certainly become speculative.

An index of trading card values tracked by Card Ladder is outpacing the S&P 500. Trading card manufacturers promote buying card packs in search of rare cards as if they were jackpot lottery tickets.

Trying to win a rare trading card by spending $2,500 on a fantasy-sports app might seem strange to some. But as an @EilersKrejcik report points out, “A generation raised on Pokémon, skins and digital goods already assigns real value to noncash assets. A $1,000 card can be a grail, a status object and an asset at once; for the right consumer, the chance to acquire it can be more compelling than an equivalent cash payout.”

(video via @AldrinResearch)

[StackTown Sports Cards @stacktowncards]

@RobDCards @chatty_charlie_ Maybe the SEC or the CFTC will eventually take notice of this, but those commissions are not exactly diligent regulators in the current admin…

[StackTown Sports Cards @stacktowncards]

@RobDCards @chatty_charlie_ Even worse, there is no such thing as a federal gaming commission…

[StackTown Sports Cards @stacktowncards]

@itsgeoffwilson @darrenrovell This you?

[The Short Print @ShortPrintMedia]

Edition No. 2 of The Short Print: PrizePicks has four cards worth $16M combined as it launches its digital rips product, Packs. That plus a roundup of trading card and pack ripping news: https://t.co/qtAM3vxXFV

[Dustin Gouker @DustinGouker]

Introducing The Short Print: A new newsletter about trading cards, card breaking, and digital rips.

Getting some of the band back together building this with @brettcollson and @Eric_Ramsey. Let's go!

I was thinking the other day that I had way too much time on my hands with two newsletters and I should start a third. https://t.co/HAkgfwIPT0

[StackTown Sports Cards @stacktowncards]

I’d love to start selling cards on here again, but my posts get like 20 views…

[StackTown Sports Cards @stacktowncards]

If you have an @OlliesOutlet near you, go check out their artwork. These were like $7-10 apiece and they’re awesome.

[StackTown Sports Cards @stacktowncards]

@luvgod @Tillamook You people are so, so weird.

[StackTown Sports Cards @stacktowncards]

@InevitableOwl @BAYC5511 @bofrench @JohnCornyn Overwhelmingly yes, you dumb fuck.

[StackTown Sports Cards @stacktowncards]

I mean sell me your CJ Stroud cards then…

[StackTown Sports Cards @stacktowncards]

@jerichsen66 @sweetjimmy15 I don’t understand it. Could you explain to me?

[StackTown Sports Cards @stacktowncards]

@Millhill1962 @flushingitgolf God I hope you’re right about the last thing.

[Isaac @roundrobin42]

Guy at the poker table last night told me, 100% sincerely, that he’s “moving some cash out of prediction markets to try and corner the market on Osama Bin Laden trading cards”

[StackTown Sports Cards @stacktowncards]

@skunkapecards I just wanna make sure there’s at least one person in the comments telling you what a horrible idea this is.

With love,
An adult

[StackTown Sports Cards @stacktowncards]

@acaseofthegolf1 This is very weird.

[StackTown Sports Cards @stacktowncards]

@xitondotxyz @NFL Week 2

[StackTown Sports Cards @stacktowncards]

If you feel the need to lie to your spouse about your hobby spending, you’re doing it all wrong—both the hobbying and the spousing.

Be better, guys.