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Looking for gaming tv

I have been looking into purchasing a tv to do some of my casual gaming on. I am only planning on spending under $250 on a 40-50” tv. 
 

I saw this refurbished tv on sale on Newegg and it doesn’t look like a bad deal. Is it really 120hz or is it motion interpolation? Should I get this or shoot for a 4K 60hz tv?

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Casual gaming?  Any TV made currently.

 

There is no "gaming" TV for $250. 

 

 

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Newegg

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