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Old Apr 27, 2007, 06:57 AM // 06:57   #21
Pre-Searing Cadet
 
Join Date: Jul 2006
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Quote:
Originally Posted by Fender
The true value of a lockpick is (chance = chance of lockpick NOT breaking):
1500 + 1500 * chance + 1500 * chance^2 + 1500 * chance^3 + 1500 * chance^4 + etc... the sequence goes on forever. That sequence converges to 1500 / chance.
This assumes the "true value" of opening a chest is 1500 gold. Nobody pays that much for it - everybody has some chance to retain the lockpick.

My much simpler calculation is this - each rank of Lucky gives you an additional 2% chance to not lose a lockpick worth 1.5k, thus saving you an average of 30 gold (2% of 1500) each time. If you spend 44.1k to get the Lucky title during the festival, you'd have to open 1,470 chests with lockpicks to break even.
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