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  1. #1
    Full Member
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    January 18th, 2005
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    I think that's the right word -- scalped.

    For our 21st Wedding Anniversay, I thought
    I would surprise my husband with
    Pepsi 400 Racing - Daytona Beach Tickets.

    I went to several ticket sales sites
    and compared prices. Anyevent.com
    seemed to have the lowest. There
    were a few that were ridiculously high
    even for the same area of the race track.

    Anyway, I bought some tickets for $120/
    each received them yesterday. On the
    tickets they say "Est Price $45.00"!

    Is this normal -- paying alot more than
    what the tickets state?

    I've never bought tickets to a major
    event or concert so this is all new to me.

    Thanks,
    Anne

  2. #2
    ABW Ambassador
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    If the event was sold out, it is very possible to raise the rates like that. Also, many ticket brokers will do this as well. I don't know the legalities of it (yes, scalping is illegal in many places, but not sure about brokers). You have a need for a product that they have. There are few of those products going around, they will charge you as they see fit...Supply and Demand [img]/infopop/emoticons/icon_wink.gif[/img] If there are plenty of tickets going around, then I'd say it was a rip-off to pay 3 times the price. If you were seeing the same seats selling for much more, it is possible the event was sold out, hence the high amount.

  3. #3
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    Thanks TH!

    It makes me feel a little better --
    I think it's probably sold out --

    I am glad I looked around -- one
    place had the same area tickets
    going for $50/ea more.

    Next time I'll buy As soon as they
    go on sale!

    Anne

    Hmmm, I wonder if I should tell my
    husband the true cost ... :eek:

  4. #4
    ABW Ambassador
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    January 18th, 2005
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    Wait until the 22nd Anniversary to tell him...Congrats BTW!!! [img]/infopop/emoticons/icon_wink.gif[/img]

  5. #5
    Newbie
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    January 18th, 2005
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    This comes up quite a lot in London where people pay hundreds and hundreds for last minute tickets to events. Some people go on about being ripped off, but they aren't exactly being mugged - they consent. The touts say 'if the venue can't price its tickets properly...'

    And I agree entirely. They take the risk of being stuck with unsellable tickets and provide the tickets to those who want them. The value of something is 'whatever you are prepared to pay for it' and in this case you pay a premium for someone else's foresight. I think the tickets are probably worth the price.

    I

  6. #6
    Affiliate Summit Guy Shawn Collins's Avatar
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    January 18th, 2005
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    Austin, TX
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    1,157
    Anne -

    As TH said, it comes down to supply and demand.

    When you are dealing with ticket brokers, check whether they are a member of the NATB (National Association of Ticket Brokers) - you can simply ask them (often they will display a badge on their site for the NATB).

    If they are not members, it may be due to shady business practices.

    Also, there are easy ways to shop around - for instance, check out Ticket Trader - this is a service where people buy and sell tickets, and tons of brokers list their inventory there. It's a good place to go to get an idea about prices for a given event.

    Above all, try and determine if the broker is a brick/click and mortar business. It's legal to run a ticket agency in many areas, and you're safest doing business with an established company.

  7. #7
    Full Member
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    January 18th, 2005
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    429
    That's good advice TH! Maybe I will
    wait until next year to tell him.

    And, I appreciate everyone's info.

    I just got an email from the Broker
    (I had emailed asking why they charged
    $120 for $45 tickets). And, as you
    guys explained -- supply & demand.

    And, the ticket prices have all jumped
    even higher in the last 4 days -- on
    all the ticket selling sites!

    Anne

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