I spend a lot of money on games. I mean a lot. I buy 2 -3 new games a month easy. It’s an expensive habit, and it adds up, but hell, if you can’t enojoy yourself, then what good is living? I listen to a handful of gaming postcasts, and one day the topic was Goozex. I was intruiged, and looked into it further. I’m glad I did, because this site is awesome; something that anyone on a budget needs to take a good hard look at.

The idea is simple. Tired of getting ripped off at Game Crazy or Gamestop? Those unfamiliar, these companies thrive on giving you the smallest amount of money (or in store credit to be more accurate) for your game as possible. They then turn around and sell your game for the most they expect another will pay. The outcome? Sick sick profit. Goozex takes another approach. They use, what I refer to as, a lateral credit system. This means that when you trade a game, you get what Goozex deems to be the appropriate market value. No less. They have an algorithm working which takes the average value of a title, and adjusts slightly based off of demand. Using this information they then give each game a point value ranging anywhere from 100 – 1000 points.

Once you have some games you’d like to trade, you simply visit http://www.goozex.com, look up the game you’d like to dump, then place this in your offers queue. Goozex then adds your game to a list of available games. Once Goozex finds someone who wishes to purchase your games with their points, you accept their offer for your game, mail it off to them, and once they give you positive feedback, you’re credited points to your account. It sounds a bit complicated, so let me provide a quick example.

I had a copy of Silent Hill: Homecoming for my Playstation 3 which I no longer wanted (I purchased an Xbox 360 version for achievements… I feel so dirty). Goozex decided that it was worth 800 pionts (equal to $40.00), so I placed it into my offeres queue. After a few minutes, Goozex found a match, meaning someone had placed the title into their requests queue. I accepted the trade, shipped the title off using the shipping label I purchased from Goozex for $3.50 (the seller always pays the shipping), and once the recipient had received the game and found it working, they left me positive feedback, and 800 points were credited to my account. As a seller, I only paid for shipping in order to trade my game.

Once I had my points, I then decided that before trading any other titles, that I’d test the system just to be certain that it worked the way the site advertised. In order to buy games on Goozex, you first need to purchase trade tokens (your account comes with one token already). Each request costs you, the buyer, one token, which you purchase for one dollar. This means that for each game you purchse on Goozex, they make a total of one dollar. I found a couple games that I’d been meaning to test out, specifically F.E.A.R (350 points) and Tom Clancy’s Rainbow 6 Vegas 2 (450 points). I put the titles into my request queue, Goozex found a match within a day or so, and less than a week later, the games showed up in the mail. In the end, I spent two trade tokens, equal to $2.00, and $3.50 on shipping for a total of $5.50 to trade Silent Hill: Homecoming for F.E.A.R and Tom Clancy’s Rainbow 6 Vegas 2. Comaring this to what I might be able to get at Gamestop, and I think I came out far ahead.

Check it out. If you’d like, signup using this link, and you’ll automatically be added to my friends list. You can also check out my Goozex profile here, just in case you’d like to know what I’ve recently traded or purchsed on Goozex, as well as what games I’m playing, and some other interesting tidbits.

Enjoy.