Opening CS2 cases is statistically unprofitable. The house always wins. If you want a specific skin, buy it directly—you'll save money 95% of the time.
📦 How CS2 Case Opening Works
To open a CS2 case, you need two things:
- The case itself — purchased from the Steam Market or earned in-game
- A case key — costs approximately $2.50 from the Steam Market or in-game store
When you open a case, you receive one random skin from that case's drop pool. Skins are distributed across rarity tiers:
| Rarity | Approx. Drop Rate | Examples |
|---|---|---|
| Covert (Red) | ~0.64% | AWP Dragon Lore, M4A4 Howl |
| Classified (Pink) | ~3.20% | AK-47 Case Hardened |
| Restricted (Purple) | ~15.98% | Desert Eagle Cobalt Disruption |
| Mil-Spec (Blue) | ~79.92% | FAMAS Sergeant, Five-SeveN Contractor |
Knife/Gloves (Gold): Ultra-rare items have an approximate drop rate of ~0.26% (roughly 1 in 385 cases).
You'll get a low-value Mil-Spec skin about 80% of the time. High-value items are extremely rare.
📊 Expected Value (EV) Basics
Expected Value (EV) is the average outcome if you repeated an action infinite times. For case openings:
Case cost: $2.00 + Key cost: $2.50 = $4.50 total
If the weighted average of all possible drops is $3.00, then:
EV = $3.00 - $4.50 = -$1.50 (negative EV)
A negative EV means you lose money on average. Almost all CS2 cases have negative EV because:
- Most drops are low-value Mil-Spec skins worth $0.10–$2.00
- High-value drops are extremely rare (0.26%–3.20%)
- Valve takes a 15% transaction fee when you sell items
🧮 The Math Behind Case Opening
Valve doesn't publish exact drop rates, but the community has reverse-engineered approximate probabilities through millions of case openings. Here's a simplified model:
| Rarity | Drop Rate | Avg. Item Value | Expected Contribution |
|---|---|---|---|
| Knife/Gloves | 0.26% | $300.00 | $0.78 |
| Covert (Red) | 0.64% | $50.00 | $0.32 |
| Classified (Pink) | 3.20% | $8.00 | $0.26 |
| Restricted (Purple) | 15.98% | $2.00 | $0.32 |
| Mil-Spec (Blue) | 79.92% | $0.50 | $0.40 |
| Total Expected Value | ~$2.08 | ||
| Cost to Open (Case + Key) | -$4.50 | ||
| Net EV (Loss Per Case) | -$2.42 | ||
In this example, you lose $2.42 on average per case opened. That's a -54% ROI. You'd need to open hundreds of cases to even out variance—and you'd still lose money overall.
✅ Best Cases to Open (Least Negative EV)
While no case is truly profitable long-term, some have less negative EV than others. These cases tend to have:
- Lower case cost (closer to $0.10–$1.00)
- Higher average item values across all tiers
- Popular skins that hold resale value
| Case Name | Case Price | Total Cost | Est. ROI |
|---|---|---|---|
| Gamma 2 Case | $4.68 | $7.18 | 4537.2% |
| Gamma Case | $4.77 | $7.27 | 4454.2% |
| Chroma 2 Case | $5.34 | $7.84 | 4343.7% |
| Chroma 3 Case | $4.89 | $7.39 | 4123.1% |
| Horizon Case | $2.33 | $4.83 | 3715.7% |
| Operation Breakout Weapon Case | $12.14 | $14.64 | 3621.3% |
| Chroma Case | $6.78 | $9.28 | 3569.1% |
| Prisma 2 Case | $2.11 | $4.61 | 2848.4% |
| Spectrum 2 Case | $4.50 | $7.00 | 2526.1% |
| Spectrum Case | $5.54 | $8.04 | 2266.0% |
ROI estimates use simplified averages of item prices and do NOT account for rarity-weighted probabilities. Actual EV is lower because rare items are much harder to obtain.
Example: CS:GO Weapon Case Drop Pool
Here are the top 10 most expensive items you could potentially receive:
| Item | Type | Market Price |
|---|---|---|
| ★ Karambit | Slaughter (Minimal Wear) | Knife | $1839.67 |
| ★ StatTrak™ Karambit | Slaughter (Factory New) | Knife | $1772.89 |
| ★ M9 Bayonet | Fade (Factory New) | Knife | $1752.96 |
| ★ M9 Bayonet | Slaughter (Minimal Wear) | Knife | $1739.21 |
| ★ Karambit | Slaughter (Factory New) | Knife | $1694.22 |
| ★ Karambit | Slaughter (Field-Tested) | Knife | $1668.27 |
| ★ M9 Bayonet | Slaughter (Factory New) | Knife | $1660.68 |
| ★ StatTrak™ Karambit | Case Hardened (Minimal Wear) | Knife | $1573.06 |
| ★ Karambit | Case Hardened (Minimal Wear) | Knife | $1537.67 |
| ★ Karambit | Blue Steel (Minimal Wear) | Knife | $1516.72 |
Reality check: The most expensive items shown above have a drop rate of 0.26%–3.20%. You'll likely receive a $0.50 Mil-Spec skin instead.
❌ Worst Cases to Open (Most Negative EV)
These cases have extremely negative EV and should be avoided unless you're gambling for fun:
| Case Name | Case Price | Total Cost | Est. ROI |
|---|---|---|---|
| eSports 2013 Case | $86.51 | $89.01 | 9.6% |
| Operation Bravo Case | $64.94 | $67.44 | 71.9% |
| CS:GO Weapon Case 3 | $15.92 | $18.42 | 72.0% |
| CS:GO Weapon Case | $156.55 | $159.05 | 97.3% |
| CS:GO Weapon Case 2 | $20.96 | $23.46 | 117.6% |
| eSports 2013 Winter Case | $15.41 | $17.91 | 128.3% |
| eSports 2014 Summer Case | $16.05 | $18.55 | 228.2% |
| Winter Offensive Weapon Case | $11.35 | $13.85 | 272.2% |
| Revolver Case | $3.97 | $6.47 | 314.3% |
| Operation Vanguard Weapon Case | $6.37 | $8.87 | 343.9% |
Why are these so bad? High case prices (often $10+) combined with low average drop values create massive negative EV. You're paying $12–$15 to open a case that drops $2 skins 80% of the time.
💡 Smarter Alternatives to Case Opening
1. Buy Skins Directly from the Market
Why it's better: You get exactly what you want for a known price. No gambling, no variance.
Want an AK-47 Redline (Field-Tested)?
Market price: $8.50
Expected cost via case opening: $300+ (opening 50+ cases hoping to get it)
2. Trade for Skins
Use third-party trading sites to negotiate fair trades. You can often get better deals than market prices by trading directly with other players.
3. Use Third-Party Marketplaces
Sites like CSFloat, Buff163, and Skinport often have lower prices than the Steam Market because they charge lower fees (5–10% vs. Steam's 15%).
4. Open Cases for Fun (Not Profit)
If you enjoy the thrill of case opening, set a strict budget (e.g., $20/month) and treat it as entertainment, not investment. Never chase losses.
Calculate how many cases you'd need to open to have a 50% chance of unboxing a knife. With a 0.26% drop rate, you'd need to open approximately 266 cases—costing around $1,200. For that price, you could buy most mid-tier knives directly.
🔬 Methodology & Data Sources
This analysis uses:
- Case prices: Real-time Steam Market data from SteamAnalyst's database
- Key price: Standard CS2 case key price (~$2.50)
- Drop rates: Community-estimated probabilities based on millions of case openings
- Item values: Average market prices across all exteriors
Limitations:
- ROI estimates use simplified averages and may not reflect rarity-weighted EV
- Market prices fluctuate daily; use this guide as a directional reference, not exact predictions
- Does not account for StatTrak variants, which have separate drop rates
- Regional pricing differences and currency exchange rates are not factored in
❓ FAQ
Is opening cases ever profitable?
No, not long-term. While you might get lucky and unbox a knife on your first case, the house always wins over hundreds of openings. Casinos and loot boxes work the same way—they're designed to be unprofitable for the player.
What's the best case to open in 2026?
There's no truly "best" case—all have negative EV. If you must open cases, choose ones with low case cost (under $1) and popular skins that hold resale value. Check the "Best Cases" section above for current recommendations.
How many cases do I need to open to get a knife?
With a ~0.26% drop rate, you have:
- 50% chance after opening ~266 cases ($1,200+)
- 90% chance after opening ~885 cases ($4,000+)
- 99% chance after opening ~1,765 cases ($8,000+)
You could buy most knives directly for far less.
Should I open StatTrak cases?
StatTrak cases don't exist—StatTrak variants are random drops within normal cases (approximately 10% of the time). This makes them even rarer and less likely to be profitable.
Can I improve my odds by opening cases at specific times?
No. Drop rates are constant and determined server-side by Valve. "Lucky times" are myths—every case opening is independent with the same probabilities.
Case opening is a form of gambling. If you find yourself chasing losses, spending more than you can afford, or feeling compelled to open "just one more case," please seek help. Visit BeGambleAware.org for support.
🔗 Related Guides
- CS2 Sticker Value Guide (SP%) — how stickers add value to skins
- Best CS2 Skin Marketplaces — where to buy skins directly
- All SteamAnalyst Guides — pricing, patterns, and trading
All case and item prices are sourced from SteamAnalyst's real-time market tracking. Prices update daily across multiple marketplaces.
