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http://www.stubhub.com/nba-finals-tickets/grouping/145491/ http://www.stubhub.com/nba-finals-tickets/grouping/145491/ Seems like there are tickets to be had if

by pitt1980 10y ago

http://www.stubhub.com/nba-finals-tickets/grouping/145491/ http://www.stubhub.com/nba-finals-tickets/grouping/145491/ Seems like there are tickets to be had if you want them Not sure why I should be upset people can't get below market prices

goshx 10y ago
Point is you should be able to purchase good tickets primarily and not from resale. Add to the conversation the outrageous fees charged for the tickets by Ticketmaster and the likes... it is pretty bad right now and it has to change.
- pbreit 10y ago
  For the hottest event on the planet? And the fees actually aren't that outrageous when you're seeing the tickets being resold for 2-10x face.
  - Dylan16807 10y ago
    The hotness of the event does not change that when resellers make a profit, they do it without providing value to anyone.
    - xivzgrev 10y ago
      They do provide value to those people who buy their tickets. Like uber 10x surge they guarantee inventory during tight supply but you goina pay!!
      - Dylan16807 10y ago
        There is no value in having a middleman in that process. They actually make it harder for ticket buyer and ticket seller to meet, unlike your typical middleman. Uber is a perfect example of why no middleman is needed.
        pitt1980 10y ago
        I'm not actually sure that there's that big a markup over all the tickets sold Most of the big mark up tickets are bought from season ticket packages, which include plenty of dud games that can only be resold at a loss Averaged over all the games, whatever markup realize can probably be accounted for as taking risk of not selling tickets off the primary sellers (the teams) (especially the hard to sell games on Wednesdays in January when the team isn't the best team in the league)
      - icebraining 10y ago
        The idea of surge pricing is actually to convince more drivers to take rides, increasing the supply, unlike these resellers.
        tamana 10y ago
        That's only half the idea. High prices induce ticket holders to sell, which does free up supply.
  - goshx 10y ago
    You do realize that when you see the ticket being resold for 2-10x face value it is already too late to even consider the fees, right?
xivzgrev 10y ago
one of his points was so many tickets go to people who dont care about seeing the event. If you threw fewer of those around and instead put them up for public sale there would be more inventory for fans (or at least for fan club). Also its one thing to stand in line and not get a ticket. Another thing entirely for scalpers to cut to the front of the line and buy everything up. You dont even have a chance (or much much less). People are angry about that too.
zippergz 10y ago
I'm upset that I have to go through StubHub, which exposes me to shady sellers (who I have zero means to vet - I can't even see who is selling which tickets). E.g. https://twitter.com/Jason/status/738489612075569152 https://twitter.com/Jason/status/738489612075569152 I'd much more happily pay market price directly on Ticketmaster than to some random seller on a secondary site. Edited to add: I know that StubHub "guarantees" the tickets. But the compensation is less than the hassle and disappointment of potentially missing out on an event I want to see. Especially if it comes in the form of getting to the door only to find out that the tickets are fake or duplicates (which does happen).
- jessaustin 10y ago
  ISTM StubHub could end this practice by keeping ticket payments in escrow until a week after the event. Yeah that would be inconvenient for whoever has a ticket to sell (as TFA suggests this is kept deliberately vague), but it would be death for the fraud you describe.
  - DrScump 10y ago
    Few sellers would list tickets for far-in-advance sale, then. The strategy seems to be to do huge volume and let fraud get lost in the noise. They fail to see the risk of high-volume, planned fraud of well-in-advance sales for pricey events that are guaranteed to happen (say, the Final Four or Indy 500): sell bogus tickets a month out, collect payment, close accounts behind you, profit.
    - jessaustin 10y ago
      TFA indicates that these sellers aren't selling on a whim, but rather because that's part of the income they derive from services they provide to the music industry. Added inconvenience will annoy them, but it won't inspire them to leave this money on the table.
- FireBeyond 10y ago
  I wonder how many people who aren't in Twitter's "first name club", aren't SV elite, actually get more than a: "Sorry, your tickets were verified to be false. Here's a refund and $50 in credit for your next StubHub purchase." rather than "we reached out to the Warriers (because oh shit, you have more than a quarter million followers) and got you better tickets". Sorry, maybe that's the cynic in me...
DrScump 10y ago
One irony is that you can't be sure their tickets are legit -- they do nothing to vet tickets for events they don't have official-marketplace status and control the ticket codes. They even accept edited PDFs. All the guarantee says is that if the tickets are no good, they can (their choice) either (a) give you different tickets that they call "as good or better" or (b) just refund your money, and you're SOL (too bad if you've already spent hundreds to thousands on travel and such). They will do (a) only if they have cheaper inventory (again, unvetted, so you face the entry-denial risk all over again) still available on the site. This strategy usually works, as 90+% of events experience price drops as the event nears.
FireBeyond 10y ago
In some cases, those market prices, as alluded to in the article, might not be so high if anything more than _fifteen per cent_ were actually available to the general public.

goshx 10y ago

Point is you should be able to purchase good tickets primarily and not from resale. Add to the conversation the outrageous fees charged for the tickets by Ticketmaster and the likes... it is pretty bad right now and it has to change.

pbreit 10y ago
For the hottest event on the planet? And the fees actually aren't that outrageous when you're seeing the tickets being resold for 2-10x face.
- Dylan16807 10y ago
  The hotness of the event does not change that when resellers make a profit, they do it without providing value to anyone.
  - xivzgrev 10y ago
    They do provide value to those people who buy their tickets. Like uber 10x surge they guarantee inventory during tight supply but you goina pay!!
    - Dylan16807 10y ago
      There is no value in having a middleman in that process. They actually make it harder for ticket buyer and ticket seller to meet, unlike your typical middleman. Uber is a perfect example of why no middleman is needed.
      - pitt1980 10y ago
        I'm not actually sure that there's that big a markup over all the tickets sold Most of the big mark up tickets are bought from season ticket packages, which include plenty of dud games that can only be resold at a loss Averaged over all the games, whatever markup realize can probably be accounted for as taking risk of not selling tickets off the primary sellers (the teams) (especially the hard to sell games on Wednesdays in January when the team isn't the best team in the league)
    - icebraining 10y ago
      The idea of surge pricing is actually to convince more drivers to take rides, increasing the supply, unlike these resellers.
      - tamana 10y ago
        That's only half the idea. High prices induce ticket holders to sell, which does free up supply.
- goshx 10y ago
  You do realize that when you see the ticket being resold for 2-10x face value it is already too late to even consider the fees, right?

xivzgrev 10y ago

one of his points was so many tickets go to people who dont care about seeing the event. If you threw fewer of those around and instead put them up for public sale there would be more inventory for fans (or at least for fan club). Also its one thing to stand in line and not get a ticket. Another thing entirely for scalpers to cut to the front of the line and buy everything up. You dont even have a chance (or much much less). People are angry about that too.

zippergz 10y ago

I'm upset that I have to go through StubHub, which exposes me to shady sellers (who I have zero means to vet - I can't even see who is selling which tickets). E.g. https://twitter.com/Jason/status/738489612075569152 https://twitter.com/Jason/status/738489612075569152 I'd much more happily pay market price directly on Ticketmaster than to some random seller on a secondary site. Edited to add: I know that StubHub "guarantees" the tickets. But the compensation is less than the hassle and disappointment of potentially missing out on an event I want to see. Especially if it comes in the form of getting to the door only to find out that the tickets are fake or duplicates (which does happen).

jessaustin 10y ago
ISTM StubHub could end this practice by keeping ticket payments in escrow until a week after the event. Yeah that would be inconvenient for whoever has a ticket to sell (as TFA suggests this is kept deliberately vague), but it would be death for the fraud you describe.
- DrScump 10y ago
  Few sellers would list tickets for far-in-advance sale, then. The strategy seems to be to do huge volume and let fraud get lost in the noise. They fail to see the risk of high-volume, planned fraud of well-in-advance sales for pricey events that are guaranteed to happen (say, the Final Four or Indy 500): sell bogus tickets a month out, collect payment, close accounts behind you, profit.
  - jessaustin 10y ago
    TFA indicates that these sellers aren't selling on a whim, but rather because that's part of the income they derive from services they provide to the music industry. Added inconvenience will annoy them, but it won't inspire them to leave this money on the table.
FireBeyond 10y ago
I wonder how many people who aren't in Twitter's "first name club", aren't SV elite, actually get more than a: "Sorry, your tickets were verified to be false. Here's a refund and $50 in credit for your next StubHub purchase." rather than "we reached out to the Warriers (because oh shit, you have more than a quarter million followers) and got you better tickets". Sorry, maybe that's the cynic in me...

DrScump 10y ago

One irony is that you can't be sure their tickets are legit -- they do nothing to vet tickets for events they don't have official-marketplace status and control the ticket codes. They even accept edited PDFs. All the guarantee says is that if the tickets are no good, they can (their choice) either (a) give you different tickets that they call "as good or better" or (b) just refund your money, and you're SOL (too bad if you've already spent hundreds to thousands on travel and such). They will do (a) only if they have cheaper inventory (again, unvetted, so you face the entry-denial risk all over again) still available on the site. This strategy usually works, as 90+% of events experience price drops as the event nears.

FireBeyond 10y ago

In some cases, those market prices, as alluded to in the article, might not be so high if anything more than _fifteen per cent_ were actually available to the general public.