[Money Making] - The statistical way to gold

[Slugma]

Ok so I'm pretty much working on a project where I'm making a guide, similar to some probably, but as other guides state, the majority of all guides are just outdated and poorly made. Personally I've read and bought a few to test them out (including Warcraft Millionaire - the Blueprint to 1 million gold and Warcraft Wealth). The worst thing was I personally read 95% of a guide and ended up saying 'I knew that', but hey, I'm also a big gold-making fan.

SO! Enough introduction, I'll bring you 2 cutouts and tips from what I'm making. The difference from my stuff and most other is that in general guides and bougt guides, is that a normal guide say 'Do X for Y time and you can make up to Z gold', all you really have is their word. I dont like that approach which is why I chose to make detailed statistics over how I'm making gold, which can be up to as much as 1500g / hour.

Now these 2 things may be common knowledge to a few people, but hopefully the actual statistics arent and it's a formidable way to make some gold.

My first tip is for everyone, it's rather simple and it's increadibly easy to do. Jewelcrafters make shiteloads of gold (even with the low markets) and an easy way for non-JC's to get their part of the cake is to simply get other people to do the work for them.

Few examples.

The avarage price on an Autumns glow is around 15-20g / gem, sometimes cheaper (depending on the ammount of gems), however Rigid Autumn's Glow go for anywhere between 25(low) to 40 gold each depending on the time and the day. So if your a JC, buy the gem, and make 10-25g profit / gem. The good thing is that this gem is infact very hard to overpopulate the market with due to it's extremely high demand from alot of classes (especially rogues) so normally they'll sell easy on a 12hour duration.

This however can be done better, so lets take another gem.

Scarlet Ruby: An avarage scarlet ruby is anywhere from 50-70g / each, I've seen low peaks on 40gold aswell (in which case you should buy all the gems), however a bold scarlet ruby will very often go for 90g+. The good thing about this gem is that it's very variable depending on the day of the week, raid content and so on, so sometimes they even peak at 150g (and yes I do sell them for that).

Unfortunately my statistics arent complete on this one, however the monarch topaz is also a very good choice. Buy the gem for 15-25g / each and sell an Inscribed for 40-50g+

Now this is great for JC's but the real trick lies for those whom arent JC's. The majority of all jewelcrafters are trying to get gems cut for gold, normally around 5 / each. This doesnt however work very often, it is very rare I actually cut gems for anyone my self and it's very rare I hear people are actually making good money on doing it. This is what you want to exploit, the fact that the majority of all JC's dont have any 'costumers' at all. Give them an offer saying you want gems cut for 2g / each (3g is okay aswell, but the less the better ^^), most JC's will instantly say no, however if you tell them that you will give them in the range of 10-20gems a day they often change their standpoint, because you're offering them a steady flow of easy gold for them. In effect you just leech their proffession to make even more gold yourself.

Now this isn't a money-making game-changing tip, you wont make 10.000g a day by doing this, but the thing about making gold is that you want to do as many things with as little effort and that will add up.

I know you may think that I'm missing statistics on the above, and you're right - it is work in progress and as such I wont release bad information, however the estimated values are based upon my current set of data.

My next tip will be for herbalists and grinders. It is no secret that you can make alot gold on grinding, the question is just where you make the most. A good candidate to high profit / time is herbing in stormpeaks. I wont go into detail as how to do the route and find the route, but the short answer is get routes, gathermate and the data to gathermate and setup afull route in Stormpeaks.

On avarage 1 trip (with 280% mount) will take you 37-40 minutes. this will be faster if you have a 310 mount and if you're a paladin. Out of these 40 minutes you will use ¬4 minutes mounting, this will possibly only be 2 come patch 3.2, and if you're a druid you'll use nill and can make even more in less.


Here's a brief breakdown of 5 rounds for those interested in a bit of data, however this is far from complete (the actual guide currently contains 100 trips on this specific route with graphs aswell as detailed breakdowns).

Round 1:
Time: 39m 50s
Lichbloom: 4 stacks + 7 – 108.75g
Icethorn: 4 stacks + 12 – 105.80g
Frost Lotus: 4 – 100g
Eternal Life: 4 + 8 – 72g
Total Estimated value:  386.55g
Gold / hour: 582.25.10g
Time of grind: Late afternoon

Round 2:
Time: 37m 40s
Lichbloom: 2 stacks + 19 – 73.75g
Icethorn: 4 stacks + 16 – 110.40g 
Frost Lotus: 3 – 75g
Eternal Life: 3 – 45g
Total Estimated value: 304.15g
Gold / hour: 484.48g
Time of grind: Early Evening
Round 3:

Time: 34m 04s
Lichbloom: 3 stacks + 4 – 80g
Icethorn: 2 stacks + 19 – 67.85g
Frost Lotus: 4 – 100g
Eternal Life: 1.5 – 22g
Total Estimated value: 269.85g
Gold / hour: 475.27g 
Time of grind: Noon
Notes: 2 other grinding.

Round 4:
Time: 38m 54s
Lichbloom: 4 stacks + 9 – 111.25g
Icethorn: 4 stacks + 8 – 101.20g
Frost Lotus: 2 – 50g
Eternal Life: 4.3 – 64.5
Total Estimated value: 323.95g
Gold / hour: 504.29g
Time of grind: Early Afternoon

Round 5:
Time: 38m 15s
Lichbloom: 4 stacks + 3 – 95.45g
Icethorn: 3 stacks + 19 – 90.85g
Frost Lotus: 3 – 75g
Eternal Life: 5 – 75g
Total Estimated value: 336.30g
Gold / hour: 527.52g
Time of grind: Early Afternoon

These was actually quite low compared to other tries, but I didnt want to only show the high figures because then it isnt accurate - this is some of the lowest gold/hour trips I've had and some has peaked on ¬900-1000g / hour (depending on luck ofcause).

I may post more when my guide progresses and I may give you an entire chapter with graphs and detailed breakdowns. If this is too little to be of any contribution let me know and I'll be more extensive next time, again, this is only a short plug of my entire work. I do however hope it's of use to someone. For more information on what the actual guide will contain you can always PM me.

Best Regards
Kola

[Despoiler112]

Seriously, this is a wall of text that basically says buy low sell high and go gather herbs in storm peaks. I mean you didn't even post the route? Fail.

[randolv123]

oooooooo

[handra]

I didnt sigh to read all off this..

[Sh4d0w]

Very nice and well written, it gives a lot of advice, the only complaint I really have is it needs more color! makes it easier to read. +rep!

[arogon]

I found it pretty good and helpful

[7upisnice]

This guide is helpful, but it's basic information I've read before. Add some colors and make it interesting. Giant Wall of Text crit me for over 9000.

[celticking]

Pretty damn good, GL with the rest of the guide. +rep

[Everglades]

Another one... toooo much text

[mairovster]

Very nice text! Thanks!

[rt3378]

this isn't helpful. common knowlege

[ace_012]

I think this is a nice guide, mostly because I'm now really interested in what you plan on posting next I've tried so many methods of making gold on my server, I mean the highest selling glyph was 30g on my server, while the mats cost just as much. Then I tried looking at several crafted epics, and it takes a day or two just to sell one epic, and most of the time I only made like 100g profit. 100g/48 hours is horrible! I mean even the regular gems cost more then cut gems. Pretty much the only money maker on my server is mining >.< But yea, can't wait to see what else you post, I'm up for anything right now.

Also, if it was common sense then every one would be gold capped on WoW.

[Yamakid]

atleast u tryed to contribute, but the guide itself isnt spectacular.. srry

[amime255]

Not to bad, was some good info in there for the people who didn't know already. +rep

[Avaleiria]

yeah defs some good information in here i like.
good job