In many ways, Diablo 3's RMAH is a gambler's game. Victory is never guaranteed, but you can heavily influence the dice thanks to lessons learned from months of play.
Take, for example, the fact that gold is down to 25 cents per million. Vektor did a nice job explaining how you can make a profit from this situation. It's the same idea as this video, except now you can quadruple your gold instead of just doubling it.
Now a wise Diablo 3 player, who has been around for a bit, probably remembers when gold was worth a lot more. At one point in time, believe it or not, it was smarter to buy items for money and then resell them for gold. Now a days that kind of situation is not the norm, and that's because gold is worth so little now per million. Despite the fact that the price has flopped, the strategy of arbitrage remains identical.
Buy items for one currency, sell for another, buy back the original currency.
So far so good, but where is the "sweet spot?" Where are the wise players focusing their attention? The gamblers with the weighted die, where are they at? I've been up and down the price scale, everything from $1.25 to $250, and I have to say that the sweet spot is right around $5-$9.
Here are two recent examples from the same evening:
$15 earned from these two items. That $15 can buy approximately (4x15) 60,000,000 gold. How much gold did they cost and what was the profit?
With these two auctions 14,999,999 gold was invested in order to make 60,000,000 gold. So that's a 45,000,001 gold profit.
If you want to see EXACTLY how I sold these two items, then you need to get in the Gold Guide and watch the videos for Skorn and Vile Ward.
I'm back again
8 hours ago