@The Artist formerly Known as Anonymous

You’re taking MHC out of context. He goes on to say: “Just because a UR point can give me 2.94 cents in value, doesn’t mean I’ll happily spend 2.9, or 2.5, or even 2 cents to buy one. For one thing, the 2.94 cents in obtained value is just an average. I might get five cents’ value out of a business class ticket; I might only get two cents’ value out of a hotel room. So I want to make sure that I’ve acquired the point for a price that’s well below this average expected value.”

He then continues to say that he looks for a risk to reward ratio of 5:1. Meaning, he is looking to acquire a UR at 0.588 cents and redeem them at an average of 2.94 cents.

I really do not understand the obsession everyone has with cpm or mp$ numbers. Sure, we need a way to analyze the deals and various schemes to determine their potential, but constant bickering about this seems worthless.

I sat down yesterday and looked at the three itineraries I booked with United that I have the pricing for:
– Round the world trip in Business – 220,000 and $368. Actual cost ~$27,000 (I could not get the real number for that one) => point redemption value of 12.1 cents per point
– My upcoming trip all over Europe in Business – 100,000 and $316. Actual cost $14,824 => point redemption value of 14.5 cents per point
– Parents trip to Europe in Business – 100,000 and $160 each. Actual cost $10,066 => point redemption value of 9.9 cents per point.

Unfortunately, I do not have the actual cost numbers for a few other trips I have done, but, to me, these clearly show that the game is far from over ever if one just buys Ice Cream straight up for 0.8 cents per point (although, one would need to somehow find 440 tubs of ice cream to get to 220,000 points that way).

Gee, you think a 2.94 number….. when UR can flat out BUY the points from Chase for 2.5 cents each is misleading?

Lucky’s cousins have really been stepping up to the plate in recent weeks

Maybe they’re the same cousins that cant go a single Sunday without having to ask TPG about something related to CSP?

From the Ask Lucky page on his blog…

February 25th, 2013 at 9:41 pm

Alan said,

Are you moving to first2board?

February 25th, 2013 at 9:44 pm

lucky said,

@ Alan — No.

Mile/point valuation debates have been going for ages…

In my own humble opinion, 2.94 is so far out up there that can be misleading…a little?

Soccer game update: We kicked their butts, 4-0 #winning:-)

I would be shocked if this happened, just shocked!

If I ever get affiliate links I would get my loser cousin to email me a question like “What is in your wallet right now?”…In the affiliate murky world, that is what must be called a…layup:-)

Where did you see that?

He’s been on a ridiculous affiliate-link binge the past few weeks (see: the top post on his blog right now), so I’m going to go out on a limb and assume this is incorrect until I see something concrete

DeltaPoints…. you’re situation isn’t like the point I’m making about Rick at all

While it’s perfectly reasonable not to be able to put an exact amount on the value, what we can agree on is that in the situation above, the value can’t be worth more than 3 cpm, no matter how much “value” you get out of that flight… whatever it’s value might be, it’s certainly < 3 cpm For the same reasons a skypesos in your example can’t be worth more than 3 cpm, a UR point can’t be worth 2.94 under any circumstance. If you disagree with that, take it up with middle school algebra teachers everywhere