Splinterlands: Rental Bot Versus Renting Cards

in LeoFinancelast year

One of the things that I haven't paid attention to much is the rental market prices of cards that I use during my normal fights. There is an entire economy around people renting out cards and earning throughout the season using these cards. I have never really focused on that because I prefer to own my cards and use them to fight in the ranked battles.

Weekly Battle Challenges

I usually participate in the Splinterlands Weekly Battle Challenge and I generally don't have to rent or buy out a card very often. However, it was Legionnaire Alvar as the card of the week and I never fixed up the SplinterRents bot to get back this card. Since the card was rented out, I couldn't just recall the card for the challenge as it wouldn't be available to me. So I just choose to rent out this card because I owned this card already. It came to a surprise to see that the card was rented out for more than what I would pay for renting it myself.

Example: Grum Fireblade

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Let's check how much he costs to rent out right now in the market and it is 0.47 DEC per day. However, if you look at how much I am renting out the same 1 BCX Grum, I am renting it out for 5 DEC per day. So if I were to rent out the other Grum that I had for the same 5 DEC per day, I would have earned 10x what it cost me to rent it from the market. Even if we discount those two really cheap Grums on the rental market, it's still 1.4 DEC per day versus the 5 DEC that I am renting out Grum for.
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Example: Legionnaire Alvar

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There are a lot of level 2 cards out there for rent but the cheapest one for rent at level 1 and 1 BCX is 2.89 DEC per day. However, my card is rented out for 10.319 DEC right now. The discrepancies for the cards just seem to be quite large and it might be more worthwhile for me to rent them out and then rent out the ones that I want at a lower price.
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Not for all cards work for this strategy

While there are some select examples that I have above, there are also cards that are not doing so well such as Carnage Titan where I am renting it out for less than the minimum value on the rental market. So this strategy is not for all cards and anyone using it might have to do some work to figure out which cards work better for this strategy. I leave the prices of my cards up to the rental bot and they tend to do a good job of renting out the cards at a decent price.

Conclusion

It makes me wonder which cards are good for this or not. Both Grum and Legionnaire Alvar are fairly good tanks with the void armor ability but Carnage Titan is also another good card that fails to work with this strategy. So it makes me wonder sometimes how the rental markets work and it is very well possible to more of a profit by figuring out what you can rent out and get back cheaper. I haven't explored this fully but it's

Feel free to leave a comment if you read my post. If you have any questions, feel free to ask and I will do my best to answer.

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The two day rental makes for allot of interesting outcomes. One such is the possibility of renting an owned card out to someone else while at the same time being able to get one on rental yourself at a discounted cost compared to what you rented it for.

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Yes the two day rentals add a lot of strategy to renting out cards and there are times when the bot is really good at filling the cards at a great price. It will depend on what type of cards are in demand though.

!CTP

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I picked this up when I rented out my OBSIDIAN and rented IMMORTALIS for my use, I haven't explored other cards but will be great to extend my interest onto other cards, it seems there is an opportunity to make extra DEC.

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Yea it looks like there are a lot of opportunities out there and I may look into it more in the future. I guess just using what I own sometimes isn't always the best choice.

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I believe that card rentals can become a great weapon in the game by getting good cards at great prices to use in the game and, at the same time, it can be a good way to earn and perhaps pay off the rented cards.

Like everything, it must be studied in detail and gradually updated.

Yea they can and all of it requires research. I think most of the cards that have such great value are being rented out by those bots and we never know when they will change the cards to focus on.

!CTP

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Thanks for sharing! - @alokkumar121