Odds of getting Mitas

[Wendellism]

Actually that's only half true,
yes the black is the best of the five by far, but the golden one is still worse than the other colours green, blue and red.
To prove it :here and here are brilliant threads.

The only advantage of Mitas I know is that he can be used for all colours as "replacement",
except black dragon, where I'm not 100% sure about him though.
If Mitas can be replaced for Smoke then it could be very, very beneficial for new players to obtain the Good Bonuses. But to prove that I will need a legit confirmation from someone who tested it.

Were you implying on the 8 damage of the golden ring? Because it's but a small penalty to pay just for the benefits of a dragon set that rivals black dragon set.

The main advantage of the ring is the Crit%, and the much needed 1 h/s and m/s. The golden dragon ring is far superior than green, blue and red as it grants an all-around boost in both survivability and offensive purpose, but the main reason why they are cheap in cs is because of the pet itself.