Ticketmaster the Ultimate Scalpers (Part 2)

I’ve complained about Ticketmaster before. This blew my mind.

I’m trying to wrap up a bunch of Fighters features before going to Cancun, and I decided that it might be a good idea to pass up my season tickets for tomorrow night’s NHL playoff game 2 of the Wild vs Colorado. I went on the Wild/Ticketmaster exchange and listed the tickets for sale. Seems that the tickets are in high demand, so I bumped the asking price up to $170/each from the $97/ea face value. Now when you sell tickets on the “Ticketmaster Exchange” you only get credit for 90% of the price you posted them at. I always accepted this 10% haircut because I figured what the hell they are doing all the dirty work.

Out of curiosity I started looking through the exchange to see what tickets at my level were selling at. The first amazing thing is that tickets as low as mine (row 5, lower level) are selling for ~$250. The second, and most amazing thing is that Ticketmaster is selling my tickets at $195.50 + fees! Holy shit.

Not only are these pricks taking a 10% cut from MY asking price, but they’re jacking it up an additional 15% without telling you the seller, or the buyer. If my college dropout math is correct, thats a 21% commission for brokering a ticket sale. Wow.

It’s nice to be Ticketmaster I guess.

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2 Comments

Comment by Tom Printy
2008-04-11 07:52:25

You should have used stubhub.com

 
Comment by GiladG
2008-04-27 10:02:11

I’ve had great luck with Craigslist when it comes to tickets for live events. Any time I posted something I hat it sold within 24-48 hours at the asking price with 4-5 fallback buyers.

 

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