How Reddit Broke GameStop and Who's in the Wrong

Poli Games host, Joseph, talks about a few redditors who have found an
exploit in 2 promotions Gamestop was running over the weekend and how they
used that exploit to make a some big bucks. It spread across the internet like wild fire but, were they in the wrong for doing it?

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trumpwonstopcrying140d ago

Well damn I would have totally taken advantage of this

Nothing wrong with taking advantage of the gamestop they're a garbage company and have been ripping people off for years with their awful trade values

I'm sure someone got fired for this mishap

gamer7804139d ago

so taking advantage of someone is okay as long as they are deemed by the perpetrator as a bad person?

lelo2play139d ago (Edited 139d ago )

As long as people benefit themselves, there is a thin line between what's right or wrong...

"Opportunity makes a thief"

EatCrow139d ago

A company. Not a person.

StuffAndThings139d ago

Gamestop is already taking advantage of gamers so what comes around goes around

PlayableGamez-139d ago

Gamestop has been taking advantage of us for years.

joab777139d ago

It isn't right. Some will argue that Gamestop has done the same thing to us, and others would argue it's OK for companies to fleece gamers for millions, but not the other way around. To each his own, but I couldn't do it B/C it wouldn't sit right with me.

Cobra951139d ago

After watching and listening to the video, it's clear there's no wrongdoing here at all. Gamestop set the rules of these promotions, and customers took advantage of them. You're not cheating if you're playing by the rules.

Clearly, someone at Gamestop needs remedial math. Let them kick butt internally, fire whoever needs to be fired, and rectify their own trade-in policies for the future. The losses they can write off their taxes. As for what already happened, yes, I'm glad. The consumer got to win for once, in dealing with Gamestop.

morganfell139d ago (Edited 139d ago )

"Opportunity makes a thief"

No, a thief exists and acts when opportunity presents itself. They are not chargeable with an offense until they act but an opportunity does not force a change in one's moral code. Opportunity reveals an individual's nature.

A bomb that doesn't explode because the fuse has not yet been lit is still a bomb.

Imalwaysright139d ago

There's a saying in my country that roughly translated goes something like this: A thief that steals from a thief has 100 years of pardon. Not the best translation but I'm sure you'll get the gist of it.

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vallencer139d ago

You wouldnt be taking advantage of anything. Gamestop isnt stupid. Its extremely hard to work the system. There was no exploit. They had 2 different promotions going on and the trade promo didnt have any stipulation on the trade. Usually its something like games have to be worth a certain amount to be a part of it.

The reality is gamestop is hurting for trades so they dont care that people did this. It was all store credit anyway which means they didnt lose any money and now have a bigger stock of used items to sell.

Source: worked at gs for 9 years. When i first started in 07 exploiting was easier but they wised up pretty fast.

THamm139d ago

I agree, GS knows what they are doing. This company has been around forever and has revolutionized game trading when it bought it from Funcoland. These promotions are all ploys to get people in especially now that digital sales are skyrocketing due to everyone finding out about gameshare. On one hand it may seem unlawful but on the other hand when a kid and his grandmother come in to GS with a console and a bag full of games and get offered $50 for it, it's all business on both ends

rainslacker139d ago

100% this.

While I don't think they meant to make this mistake, they obviously want trade ins as boosting a trade in offer for a new system will require some expenditure on their part to provide all those consoles that people traded in for. But in the mean time, they basically have a bunch of stock they didn't have to pay for for 5 months(4 months to release, and probably 30 day net terms...assuming), and can sell those games to the public.

Same reason they take in all those $5 deposits for preorders, so those millions of dollars can sit there and accrue interest in escrow until the game releases.

GS isn't dumb. They make mistakes sometimes, but they tend to be pretty shrewed on the trade in front, and overall, make a significant portion of their revenue from the sale of those games.

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joab777139d ago

I'd say it was good for them too as they are restocking used games, but these guys were just moving them from one store to the next. Basically this guy traded 3 cheap games for like $2000 in shit. I doubt he bought that much in cards!

rainslacker139d ago

They deserve to be ripped off because people decided to use their service?

GS does have bad trade in values, but it's not like everyone else is so much higher. GS has bad practices, but they do what they have to to run a business. Go try to turn in that 5 year old madden game anywhere else, and you can't. GS takes a loss on some of those trade ins as well.

People choose to get ripped off. Just because you don't like what they have to offer is no reason to think they deserve to get ripped off in return.

More on topic, if there was a exploit, then so be it. GS made the offer, and if people found a way to get a better deal, that's just something the company has to deal with. The people weren't wrong for using the system that GS put in place. Sometimes mistakes happen, but a good business honors what they offered, and if they need to retract it when they realize they messed up, then so be it. It happens. GS will be fine, or has bigger issues to worry about. They might lose a bit of money, but will make more back when the system releases.

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DragonKnight139d ago

I mean, the only one that's in the wrong is whoever came up with the promotion. It isn't wrong to take advantage of the promotion because you don't like how it's done. If you don't set up proper rules, you only have yourself to blame. If they didn't want to lose out on money, then they should have restricted the kinds of games that they'd accept, or they should have placed limits on how many games you could buy.

ocelot07139d ago

Am in the UK so am not 100% sure what Gamestop are like but from what I hear they are simply the same as GAME over hear in the UK so they must be bad. I remember a few years ago (around 2011) GAME had a promotion on trade in 3 games and get £15 extra trade in credit. The catch was yearly football (soccer) games where not included in the promotion.

They didn't say anything about yearly WWE games or Dance games or Guitar Hero or Assassin's Creed titles. I personally went to CEX a few doors away and bought the older games for like £1 or 2 each. After I was done trading in games. I had nearly £350 worth of GAME credit. Didn't have to spend any more money on games for a while after that and even had about £100 credit left which I used to buy a Vita with in 2012.

Noting shady about it in my opinion. People are just taking advantage of an offer. I take advance of any offers I come across.

Nicaragua139d ago

I thoroughly detest GAME and all their annoyingly shitty practices, so your story brings me sweet joy.

ocelot07139d ago

Yup don't like GAME at all. Overpriced crap instore. Online side of things is ok but still bad compared to other online retailers and they still ask for £5 to try out PSVR instore. How can VR take off when you have the cheek to ask people to pay £5 to demo it.

yomfweeee139d ago

I don't see how they are wrong for using the offered promotion. GameStop made a mistake making their promotion too good and overlapping multiple promotions.

vallencer139d ago

There isnt anything wrong with what they did. This guy has made a few other videos and posted them on the gs reddit. The other videos arent good either. Trust me it wasnt a mistake on their part. It got people to bring in games and visit their store. Thats what they wanted.

krazykellerxkid139d ago (Edited 139d ago )

I really don't see anything wrong with this. There were some people who just found a loophole in the system. Were they hurting anyone? No. Are they stealing money? Nope. Are they breaking any laws? Not at all. If there is "someone at fault" here, it's Gamestop. They obviously have had some terrible business practices that they have to shut down between 150 to 225 store nationwide within this year ( which shows me that there aren't many people who go there anyways.
The only thing I'm mad about is that I didn't take advantage of the offer....

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