Karma
The theory that the more times you perform certain actions, such as donating to the Money Tree or taking care of your pets, your chances of receiving beneficial Random Events increases. Karma is mainly theoretical but does exist to some extent in Neopets. For example, if you refuse a Faerie Quest, the chance of you getting another one is decreased. In fact, for 10 minutes after you refuse, it is non-existent. However, that statement is a unique case, as it is directly stated that a limit will be placed. It is currently unknown whether other activities will increase luck.
According to the Neopian Times editorial, issue 241, donating money and items does not increase the likelyhood of getting Random Events. Items cannot alter your Karma; this is a scam to inflate prices. However, many players believe in the Karma system and hope that specifics will be clarified by The Neopets Team.
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