Re: How much money do I need to spend on Magic to be able to build good decks?
the least expensive and the most commonly played format is Standard and the top decks will run you about 150-400 dollars if you were to buy all the cards but you can trade for most anything you need then just pay cash to fill in the gaps.
What I did to get back in the game since I knew how to play and knew what I was doing was to buy 2 boxes of Magic 2010 then bought 1 box of Zendikar and traded for everything else I needed. Total price to get back in the game from scratch $300.
My current decks value (if you bought it as all singles) $250-$350. Current trade binder values $300-$400.
Actual value I would get if I sold it all: $200-$300. So right now I am at the break even point but I plan to win the tourney tonight so I'll get some free product and start pulling ahead.
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