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> I spent some of my formidable years scalping I think you mean formative years. Did you ever get hit buying lots of tickets for a show and then unable to sel

• austenallred 10y ago
  Damnit, and now it won't let me edit. Nah, when we bought big sets we knew they would sell. We had a model that could predict it somewhat accurately. Worst case scenario we'd sell for face. In the early days when we had no data things were much more difficult, at a few $200 tickets, but wasn't a huge deal.
• kbenson 10y ago
  > Did you ever get hit buying lots of tickets for a show and then unable to sell them? This happens, but it's not too common. More common by far is selling at under cost. it's a market like any other, and brokers absorb some of the risk for the hope that it pays out. Put it this way, you may not want to spend $60+ per ticket to see an artist you are interested in, but at $50 a ticket? or $30? At some point, you can usually move them, and depending on how many you have, the trick is moving them while not crashing the market at the same time (not to imply huge amounts of tickets, for events not selling well there may not be much on the market to begin with).