PrizePicks Packs and Underdog Rips are scarily close to just slot machine gambling...
But I am curious... if you could open these virtual packs backed by real cards and then have them stored somewhere...
1) Would that place be a "bank" 2) Could you trade the card's value on a prediction market or could this be considered a collectible perpetuals market on Kalshi 3) Would there be legitimate +EV opportunities to buy cards and hold them either via packs or through some sort of online marketplace?
The third is a legit question. The first two are kinda for fun.
The biggest reason I've never invested in sports cards is because I don't want to worry about handling and storing them.
Someone should make a version of Rips / Packs where you open some sort of digital sports cards that are, say, non-fungible and then you can like sell it or maybe even use it for paid fantasy contests or something