The independent EV ledger for crypto TCG gachaWe buy the packs ourselves

Gacha Report

Pack EV · Odds Grades · Redemption Tests

The house edge, itemized.

Gacha Report works out what crypto TCG packs actually return, using numbers the platforms publish themselves — then buys the packs, ships the cards, and pays the customs bill to check the rest.

The honest starting point: most packs are expected-value negative. The useful questions are by how much, where the edge is hidden, and what it costs to get a card out. Every figure here is sourced and dated.

The number we keep coming back to

Collector Crypt’s machines return 93.7–95.1¢ per dollar — from the $50.00 pack to the $5,000.00 pack.

Each one advertises more value than it charges. Each one pairs that with a buyback rate that takes the surplus back. The two move in opposite directions and land in the same place, which is why the expected loss barely shifts across a hundredfold change in price. See the full arithmetic.

Collector Crypt machines: advertised versus realizable return
PackAdvertised per $1BuybackActually per $1
$50.001.10385%0.937
$100.001.05790%0.951
$250.001.05390%0.948
$1,000.001.01993%0.948
$2,500.001.02193%0.950
$5,000.001.01993%0.947

Published figures read from the live interface 2026-08-04

What we’ve published

Analysis · Collector Crypt

Every pack advertises a profit. Every pack pays about 95¢.

All 6 machines we have measured publish an expected value above the pack price — and every one returns 93.7–95.1¢ per dollar once you apply the buyback rate printed beside it. The loss barely moves across a 100× price range, or across franchises.

The standard every number here meets

  • Source-linked: every figure traces to a platform's own disclosure, its API, or a quote we took ourselves.
  • Timestamped: every figure carries the date it was captured. Stale data gets flagged, not hidden.
  • Labeled: published odds and our estimates are never mixed, and estimates say so.
  • Server-rendered: every number is in the page source. No JavaScript shell between you and the data.
  • Corrected in public: when we get something wrong, we say so and date it. We have already retracted one claim.

Read the methodology — including exactly how we get paid, and what our referral points are actually worth.

In progress

Physical redemptions are in transit on Collector Crypt and MNSTR. Neither platform quotes import tax, so what a redemption actually costs an international buyer is only knowable on delivery — we will publish the customs invoices, the dates, and the condition of what arrives. Shipping quotes for those platforms are already up at redemption costs.