Gold per hour & looted item value
If it sounds to good then it is probably not true.
There are hundreds of videos on YouTube about how to make gold, and in the title they have these outrageous titles i.e “10000 – 50000 gold pr hour, easy, fast, etc..”
Gold per hour is in my opinion misunderstood. What I mean by this is that people does not understand the word “gold” as it should be understod. If I get say a piece of gear that has a value of 1000 gold then that items is worth a 1000 gold, but only if it sells for a 1000 gold. I have made 0 gold until I sell it. So gold per hour should be 0. When you kill a boss and the boss drops 100 gold then you gain a 100 gold. This is usually refereed to as raw gold. In this example you would make 100 gold an hour if you killed the same boss ones per hour.
A example of incorrect use of gold per hour.
Credit: Studen Albatroz
A more common term is now looted item value. I personally like this term a lot more, but it is very inaccurate. Say I get a item what is worth 10000 gold, then I have a item that is worth 10000 gold right now. What I mean is that prices fluctuate depending on demand. The item might be worth 10000 gold today, but tomorrow or in one week it might be worth 5000 gold depending on your server. The best way to find what the item is worth is going to https://theunderminejournal.com.
A good example of using looted item value (correctly) in a video
Credit: Studen Albatroz
Before you go out and farm for gold check the item that you are farming, and see if it is worth farming. If there is nobody on your server selling that item, then this is a great opportunity, but if there is a handful of people selling it then move on. Transmog, pets, mounts and toys sell mostly slow so do not expect to sell them instantly. Some items can take several weeks to sell. It all depends on price of the item and the demand for it.
A lot of the “gold guide” youtubers use as mentioned outrageous titles simply because they know they get more view on their videos, they clickbait. They put little to no effort in their videos, and most of them just copy someones else video. There are very few original gold guides on YouTube. Their incentive is of course ad-revenue and growing their channel. I would advice you and everyone else to dislike these videos, and comment on why do not like it i.e “There is no way you are making 50000 gold from killing chicken*. I am recommending this because, if the video gets a lot of dislikes then it will not show up first when you search for wow gold guides. Videos with more likes (which usually are legitimate) will how up first.
If the video you are watching is old, and the method is overused then drop a comment saying that the guide is outdated. Most serious “gold guide” youtubers will say that their farming spot may not good in the future. No guide will be good forever. There is no need to dislike a outdated video. The method may still be relevant in some way. Adding old profitable farms into your farming route (supplement it) may still net you a good amount of gold.
If the guide you are watching is old then it is a high probability that that item(s) is not worth farming alone any longer. The best way to make gold is either raw or having a huge amount of auctions on the auction house. A youtuber might sell a item for much more than you, only because he is on a server with low competition. Do not expect to get the same results as others, and do not waste your time with useless guides. Check your server for prices.