Ticket resellers

[andrew_j]

I went to a college hockey game(D1 her school ranked 8th in country) at parents weekend for daughter. Tickets well sold out. Daughter paid a bit for overpriced standing only resellers (normally $10/each instead $40/each w/fees). She had no idea standing.

Entire arena was sold out. However it appear to be 2/3 full. We (6) took a row of empty seats ice level center.

We know now but it’s obnoxious the reseller market.

 

[SC Maintenance]

You knew you were paying $40 for what amounted to a $10 ticket. What you have is limited supply and very inelastic demand.

Sounds like you ended up actually having a seat - so score!

Did your team win?

 

[dishdude]

They completely ruin it, one of the reasons I quit going to concerts....they're much worse than sporting events in regards to ticket brokers.

 

[Leo99]

Caveat emptor. Can't fault the capitalists for selling tickets for what the market will bear.

 

[dishdude]

Caveat emptor. Can't fault the capitalists for selling tickets for what the market will bear.

That's fine, but it's a colluded effort with Ticketmaster, they sell the ticket to brokers and not fans, who then resell it on a Ticketmaster platform so Ticketmaster gets to sell the same ticket twice!

 

[Leo99]

That's fine, but it's a colluded effort with Ticketmaster, they sell the ticket to brokers and not fans, who then resell it on a Ticketmaster platform so Ticketmaster gets to sell the same ticket twice!

Yes, it's quite the racket they have.

 

[andrew_j]

Thankfully my daughter only purchased 4 overpriced tickets and the other two I was planning at buying at door but could not find anyone. Went to tell my daughter who charmed the door checker saying oh that’s my dad and sister and let us in.

 

[JeffKeryk]

That's fine, but it's a colluded effort with Ticketmaster, they sell the ticket to brokers and not fans, who then resell it on a Ticketmaster platform so Ticketmaster gets to sell the same ticket twice!

Capitalism is about winners and losers.

 

[SC Maintenance]

The DOJ and several states are suing Ticketmaster for monopoly power.

https://www.justice.gov/opa/pr/just...ster-monopolizing-markets-across-live-concert

 

[Hall]

That's fine, but it's a colluded effort with Ticketmaster, they sell the ticket to brokers and not fans, who then resell it on a Ticketmaster platform so Ticketmaster gets to sell the same ticket twice!

Our daughter is a big Deftones fan and I've liked them (casually) for years. They recently announced a new tour and are playing nearby so I looked at getting tickets. Tickets went on sale to the public at 10 or 10:30am one morning. I was on Ticketmaster's website before 11am and every single ticket I looked at was a resale ticket.

What I also don't understand is, what tickets are being sold on Stubhub and Seat Geek ? I didn't dig into it to check specific seats to see if the same ticket(s) were on sale at multiple sites but I suppose they could. They could have tools set up so that once it sells on one site, it's immediately pulled from the others.

 

[dishdude]

Capitalism is about winners and losers.

But this is a monopoly where one company controls the distribution and subsequent resale.

 

[MNgopher]

Its funny - all depends on your perspective.

I have season tickets to the local NHL team. Ticketmaster provides the opportunity to resell the tickets at a price I chose and guarantees to the buyer the tickets are legitimate. Of course they get their cut - from me when I sell (which they disclose exactly what they take) and from the buyer. Again, I take the risk as a season ticket holder that someone will buy the tickets for a price I'm happy with. Not Ticketmaster, and not a broker.

That being said, it means I've always come out ahead every year even with Ticketmaster taking a cut. Meaning that after selling games I don't want to use and family/friends aren't interested in, I've never "lost money" with my season tickets, always making more than I bought tickets for in aggregate. I sell some for a loss and others for gain, but as a whole I make out...

Does that make me an obnoxious reseller?

As a season ticket holder it makes it easier for me to stomach buying 41 regular season games and preseason games knowing my costs are covered for games I don't want or need...

 

[dishdude]

Its funny - all depends on your perspective.

I have season tickets to the local NHL team. Ticketmaster provides the opportunity to resell the tickets at a price I chose and guarantees to the buyer the tickets are legitimate. Of course they get their cut - from me when I sell (which they disclose exactly what they take) and from the buyer. Again, I take the risk as a season ticket holder that someone will buy the tickets for a price I'm happy with. Not Ticketmaster, and not a broker.

That being said, it means I've always come out ahead every year even with Ticketmaster taking a cut. Meaning that after selling games I don't want to use and family/friends aren't interested in, I've never "lost money" with my season tickets, always making more than I bought tickets for in aggregate. I sell some for a loss and others for gain, but as a whole I make out...

Does that make me an obnoxious reseller?

As a season ticket holder it makes it easier for me to stomach buying 41 regular season games and preseason games knowing my costs are covered for games I don't want or need...

There are companies that buy tickets solely to resell for a profit. A season ticket holder reselling tickets they simply can't use are what the resale market is for.

 

[PWMDMD]

It's so bad now that it's easier to find cheaper tickets on StubHub weeks after Ticketmaster releases tickets for a show. The last few times I wanted Tool tickets the reasonably priced ones were all gone within seconds on Ticketmaster, with only the most expensive tickets remaining. If I wait a few weeks, I can always find tickets on StubHub that are actually reasonable.

 

[PWMDMD]

Its funny - all depends on your perspective.

I have season tickets to the local NHL team. Ticketmaster provides the opportunity to resell the tickets at a price I chose and guarantees to the buyer the tickets are legitimate. Of course they get their cut - from me when I sell (which they disclose exactly what they take) and from the buyer. Again, I take the risk as a season ticket holder that someone will buy the tickets for a price I'm happy with. Not Ticketmaster, and not a broker.

That being said, it means I've always come out ahead every year even with Ticketmaster taking a cut. Meaning that after selling games I don't want to use and family/friends aren't interested in, I've never "lost money" with my season tickets, always making more than I bought tickets for in aggregate. I sell some for a loss and others for gain, but as a whole I make out...

Does that make me an obnoxious reseller?

As a season ticket holder it makes it easier for me to stomach buying 41 regular season games and preseason games knowing my costs are covered for games I don't want or need...

My business partner and I share Bruins season tickets (going tonight) with a few other acquaintances. You're right, unlike football, it's just a lot of games and a lot of games during the week. I don't see how a single person could actually use all of them. Even the 10 games can seem like a chore sometimes if it's a busy week or I'm just really tired that week.

We've been sharing for +10 years and he charges us exactly what he pays for the 10 games (2 seats). He almost seems relieved every year when we all agree to buy tickets again. We used to do the same with Red Sox tickets but since they're terrible now, it just wasn't worth it.

 

[andrew_j]

This is D1 college hockey not NHL although school did win national championship a couple years back. The arena is smallish but very nice. They do hold a game at Madison Swuare Garden playing biggest (local) rival Yale.

The school could have avoided ticket sales like this but I guess they all cave ?

 

[PWMDMD]

This is D1 college hockey not NHL although school did win national championship a couple years back. The arena is smallish but very nice. They do hold a game at Madison Swuare Garden playing biggest (local) rival Yale.

The school could have avoided ticket sales like this but I guess they all cave ?

My guess is Ivy League parents/alumni on a parent's weekend are pretty serious about their top 8 hockey team. I have a friend who went to BC and she said getting BC hockey tickets can be very difficult too because they're good and the rink isn't all that big. I couldn't even find parking at UNH for parent's weekend and so we ended up taking the kid out to lunch in Portsmouth and then turning around and going home.

 

[andrew_j]

My guess is Ivy League parents/alumni on a parent's weekend are pretty serious about their top 8 hockey team. I have a friend who went to BC and she said getting BC hockey tickets can be very difficult too because they're good and the rink isn't all that big. I couldn't even find parking at UNH for parent's weekend and so we ended up taking the kid out to lunch in Portsmouth and then turning around and going home.

Her college is not Ivy (Quinnipiac) , UNH hockey got demolished 8-2 previous night and UNH made up with a closer win game(3-2) we watched. The seating is half of UNH .

 

[zzyzzx]

Ticketmaster is why I refuse to see live events, or at least live events that use Ticketmaster.

 

[Leo99]

Ticketmaster is why I refuse to see live events, or at least live events that use Ticketmaster.

I went to see a Broadway show two weeks ago. Tickets on Ticketmaster were about $220. They were half that on SeatGeek. And SeatGeek seems to the official ticket seller. At least that is where the theater's webpage sends you for tickets.