Tuesday, March 23, 2010

Oodles Currency vs. Real Currency

Today, my roommate received one of the "Mystery Prize" books he cashed his Oodles for. What he received was Shutter Island in paperback.

It got both of us wondering how they compare the value of Oodles to real money.

Looking at the $10 gift cards, you would think that 1,425 Oodles equaled $1. Maybe not.....

The paperback he received is priced at $7.99. The Oodle price is 16,500. If our math is correct, that means 2,065 Oodles equal approximately $1.

Just for grins and giggles, we decided to look at the television. We found the same model online at Best Buy.com. The retail price is 2,199.99. Working our math magic, we found that each dollar equals about 193 Oodles.

There doesn't seem to be any rhyme or reason as to how they "price" items with Oodles. Anyone else confused by this?

13 comments:

  1. Seems like theres no exact amount but they just base them around 1$ per 1-2k

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  2. Yes, I've noticed. Also, they keep raising the amount of oodles for prizes that are basically the same as they previously had. The HD video camera that is up now is very similar to the one they had before but the cost of oodles since I've been following as gone from about 85,000 to now 127,250. Every time I get close to the amount I need for something, they raise the cost. Confusing, and slightly frustrating!

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  3. In addition to that, we can also scratch our NOODLES over why the items that have exact same value (cards) and approximate same value (products)have different redemption values. AND one more point to ponder...why is it as they reduce the availability of the highest value of cards, even the same brand ones,to lower values, the comparitive cost for redemption increases???..example: recently the $25 Wal-Mart card (no longer offered) was 18,500 Oodles. Now they have a $10 for 14,250. Doing the math based on the $10 card cost, the $25 card should be 35,625....folks, the way they are running things really makes us all feel OH SO OODLE-ICIOUS...doesn't it....oh well...writing them about these things, they just keep saying 'OOOHH , but there are all these wonderful surprises waiting in the wings', and, 'We're trying to keep this free for the members, and where else can you get free stuff.....well where else can you put in so much time for soooo ever-increasing smaller and smaller reward????

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  4. Yeap, I don't get it either. I was almost ready to get a camera and this week the price went up. Frustrating!

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  5. Yeah, I'm always trying to figure out the best value. Back in November I thought the Sony earphones were a little high, but since they've been raising the number of oodles required for some newer prizes, I'm thinking the earphones are looking like a good deal! Thanks for this great site Rowdy!

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  6. yeah, it irks me that I was so close to the sony web cam when it was priced at , I believe, 85k oodles. Now it is 195k..its brutal

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  7. The Wireless Forecast Station is worth about $50 retail and is 50,000 Oodles. So that's easy math..... 1,000 oodles is $1. The Coleman Sundome tent is about $68 (reg. price) and is 90,000 Oodles. So that's 1,324 oodles is a $1.

    I can see where higher priced items would be fewer oodles per dollar, but in this example it's the opposite...so who knows how they figure it out.

    I miss the gift cards for Amazon and Amex. (I was able to get several of those while they had them.) I would even be happy if they had the measly $10 WalMart cards available once in a while.

    Hope you all are getting something you wanted with your oodles out there!

    PS Only 203,459 more Oodles for the TV!!! Woohoo!!!

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  8. I still want to know how the same people are on top of the leader boards every day, week and month? These same people are averaging 12000 to 15000 oodles every week. Enough to get the Sony in 6 months or less. FAIR??? CHEATING??? HOW??? Why am I wasting my time playing for a 1000 or so oodles per day? What does GSN have for prizes??? A ball of soap, maple syrup, a GSN toaster and a bunch of over priced junk. I cashed in some oodles for Entertainment Weekly because I didn't see much of anything else worth saving for or was in reach in getting anytime soon. Just try to say something about this on their facebook page and your post will be deleted and you will be banned from posting. Email them, that's even a bigger joke. Just isn't much fun anymore.

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  9. My take is that they are increasing drawings and of course bingo blitz. Assuming the income from advertising is relatively constant, and more dollars spent on the above payouts there is less for the oodle prizes. Hence, the inflation taking place. I expect that to continue. Just my take.

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  10. Update, in an email from GSN the top oodles winner as of 3-23-2010, the first 23 days of the month to earn oodles, the top earner was Richie77 who has accumulated an unbelievable sum of 95,084 oodles, that's 4,134 per day, enough to get the Sony in only a 103 days. Enough to get 3 Sony's a year. I don't know about the rest of you, but I take advantage of every oodle opportunity that I know of and can only get about 1,000 oodles a day during the week and 600 to 800 on week-ends. So again I ask, how is this possible? How can Richie77 get over 4 times what I can get? If I have no chance of getting on top of the leader boards why should I play? Why should I watch GSN or visit their web site. Since GSN doesn't want to address these problems maybe it's time to complain to their sponsors. Threaten to boycott them until GSN does something about the inequities on GSN's web site. ENOUGH is ENOUGH!!

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  11. I feel like all of the prizes go sky high and the prizes to redeem is pitiful they need more prizes to choose from and good grief lower the freaky price for them as all!

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  12. The problem is, some people are just plain good at those games. Which means the same number of people compete for the oodles on those daily, weekly, monthly wins. While the majority of us can't even get near those high scores. You'd think GSN could figure that out. It's a sweet deal for the fast brained folks! While the other 95% toil for their 1,000 everyday.

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  13. More and more it seems like GSN is run by interns and kids with no one to chaperone them. I don't see where the oodle inflation or the unavailability of prizes will end since they keep taking away methods of earning oodles that encourages viewing and loyalty and replacing them with earning opportunities that favour gamers, quick fingered children, and those that use enhanced ways of scoring large amounts consistently.

    As for the maple syrup, if you look at the description, it's grade B, which is acceptable for cooking and baking, but really not suitable for table use, and let's face it, when is the last time you bought grade B butter or eggs.

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