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What are acceptable courier contract hauling rates?
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Poetic Stanziel
The Scope
Gallente Federation
#21 - 2011-12-31 22:50:15 UTC
I've left contracts sitting in station out of spite, simply because the contractee was rewarding such a low amount of ISK.

I've been in Rens, with a nearly full load of cargo in a freighter, heading to Jita. I pass by Hek and see a cargo wanting to go to Jita, and I have room for it, but it's only paying 15,000 ISK. I've left it sitting in Hek, even though taking it would have been no skin off my back. I've left it simply because the contractee is a cheap bastard. I'm not about to reward cheap bastards by delivering their goods to destination out of the goodness of my heart ... and that is what delivering a 15K ISK contract from Hek to Jita would be, charity.
Ydnari
Estrale Frontiers
#22 - 2011-12-31 23:32:44 UTC  |  Edited by: Ydnari
Brynj Spirum wrote:
Hax Zoidberg wrote:
My preferred courier rate: http://img580.imageshack.us/img580/1778/courier.png


And here I keep chastising myself being so paranoid for double and triple checking my contracts. Not going to stop doing that anytime soon.

Yeah, now that was an embarrassing day for me, I can tell you that Oops

--
Kolmogorow
Freedom Resources
#23 - 2012-01-01 15:40:55 UTC
Seregon Sandgrain wrote:
It's fair to say I don't care what your cargo is worth, but I do care how much of my money I'm putting on the line to haul it. I'm not going to risk 12M ISK for a measly 100K ISK. The risk to reward ratio is just too great.


I'd say though that the risk in this case is very very small if your route goes through high sec. With a collateral of 12M ISK the cargo is maybe 10M ISK worth. What do you have to fear? Either suicide gankers who gank as a business or suicide gankers who gank for fun or craziness. The latter group is pretty small, I believe. And the first group won't be interested in your cargo because it's only 10M worth or - given the loss of destroyed items after they had destroyed your ship - perhaps only 5M. But they would lose a fitted ship which is likely much more worth than 5M ISK.

For this reason the risk does not scale linearly. Below a certain level the risk is pretty small. For some source locations like Jita the collateral even doesn't seem to play a big role. I had some time ago a contract issued in Jita with 5M reward, 350M collateral, around 10 jumps through high sec and frigate size volume. It had been accepted within an hour, probably because in Jita are a lot of well prepared and experienced logistics experts located. Due to this competition it may be hard in Jita and other hubs to have a successful transport business if you are too careful with risk vs. reward considerations.
DarkFidelity
Sebiestor Tribe
Minmatar Republic
#24 - 2012-01-01 20:56:22 UTC
The prices of courier contracts bother me as well. I've always thought the rewards are WAY too low for the collateral/capacity required. Back when I use to issue contracts I offered 450k to make 4 jumps. The loads were right around 90,000m3 with a 15 million isk collateral. All other contracts I see in my region don't even come close to this ratio.

Now that I have a freighter, I haven't even bothered to pick up a courier. They aren't worth it. Sure, I have 200,000m3 of space left in my hold. But your 50,000 isn't worth it. So it can sit. I don't care that I am already headed to the system you want your **** to go to. I won't promote this cycle of low reward/high collateral. If you aren't paying at LEAST 100,000 per jump for a 100,000m3 cargo you won't see me touching it. I will make more money just filling the excess cargo space with more of my own goods.
Monty Kvaran
State War Academy
Caldari State
#25 - 2012-01-02 05:33:03 UTC  |  Edited by: Monty Kvaran
I like the contracts that offer 1M for 10 jumps with a 1.2B collateral. At 100k a jump, it would take 12k jumps to pay off one suicide gank (not counting the cost of your ship). I don't know what the odds of getting ganked for 1.2B are, but they are probably higher then 1/12,000, and that is if you don't cary anything more... Would it be so unreasonable to offer at least 1% of the collateral as the contract price?
RubyPorto
RubysRhymes
#26 - 2012-01-02 06:04:15 UTC
Monty Kvaran wrote:
I like the contracts that offer 1M for 10 jumps with a 1.2B collateral. At 100k a jump, it would take 12k jumps to pay off one suicide gank (not counting the cost of your ship). I don't know what the odds of getting ganked for 1.2B are, but they are probably higher then 1/12,000, and that is if you don't cary anything more... Would it be so unreasonable to offer at least 1% of the collateral as the contract price?


There's pretty much a risk cliff at about 1b isk. 1b collateral fits comfortably in a Freighter with almost 0 risk of a suicide gank. 1.5 is much less comfortable, and 2b (especially collateral, since the contract owner can gank you for guaranteed profit) is pretty much out of the question. The 5-6b collateral contracts are all traps (though if they pay well and you have an Orca alt, you can do them safely).

"It's easy to speak for the silent majority. They rarely object to what you put into their mouths." -Abrazzar "the risk of having your day ruined by other people is the cornerstone with which EVE was built" -CCP Solomon
Uriel Dredger
Republic Military School
Minmatar Republic
#27 - 2012-01-02 06:30:50 UTC
I don't understand why anyone takes those ****** courier contracts that pay almost nothing. On the rare occasion that I want something shipped, I usually offer about 1 million a jump, which really doesn't seem like very much isk at all. I look at the other courier contracts offered and I realize I'm paying more than most, but to me it seems cheap and the contract usually gets picked up by someone pretty quickly. You can make tens of millions per hour running missions, over 100m/hr doing incursions, and more with other activities in null and wh space, so why anyone runs courier contracts for pennies is beyond me. Even bots can make more isk per hour doing other activities.
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