I promise I did not take the time tonight just to write an article about how I told so. I have come to you with news on how to make the most money on your rentals today while the new collection power renting system is being hashed out on PeakMonsters. If you wish to refresh yourself on my last article please follow the link below:
Splinterlands Market Analysis 1: The Auto Rental Fail
I sniped this image on November 2nd 2021 at 9:38 PM EST. As you can see the demand for rental did not retreat to reasonable levels after season end. We have a brief moment within the first 15 hours that the bids retreated to a 250 CP/DEC but that was short lived. Both of my points from the pervious article regarding selling common reward cards and setting CP/DEC renting rates to match current bid demands are still good options and I have been using them daily.
I want to add three more points that will help you optimize your rental income. These points are off the thesis I made in the previous article that "a card rented 98% of the time is better than a card 4x the price rented 20% of the time".
All your cards should be listed at the 100 DEC/CP. With the way the market is this is the set point that I believe will get you scooped into multiple of these auto generation orders. It does not matter if their are other cards listed in the market cheaper because your aim is to be scooped up by the bot anyway. I have been renting rare/mythic/gold foil/commons all at the 100 DEC/CP mark and I have not gone more than an hour without the cards being rented.
This is where the algorithm comes into play. I believe the bots are looking at the most recent placed rentals when allocating to bid orders. I noticed that when the rentals had ended for the card I put on the market end of season, they were staying in my inventory unrented even though I could see that their were open bids for cards less than my CP/DEC. I had also just freshly listed some new rewards cards I earned today and they were scooped up within minutes. So I decided to manually unlist the rentals that had just ended and relist for the same price. Sure enough the were rented within minutes.
With all I have provided so far the last bit of advise I have is to time all these rentals together. When the rentals have ended do a mass listing of all your cards at the 100 DEC/CP so that they are all rented about the same time. That way in two days when the rental us up, the only time the card will be unrented will be the time it takes you to un list and relist. Time this at a consistent part of your day so you know you can keep this flip time to a minimum.
I hope you all understand that I am not advocating for this to continue. I believe that 100 CP/DEC is not a deal. I maintain my rentals around 300/400 CP/DEC to play in silver. Until the renters can wise up and stop putting auto bids this cheap then this is how I will make passive income only all my cards.
Thank you for following and reading. Please comment below to carry on the conversation (steel sharpens steel).
Much Love,
Rogue