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Ticket resale information


In this 1920s cartoon by Tad Dorgan, people wishing to attend a boxing match are told that all the good tickets were sold (to "specs" — that is, speculators) yesterday, even though the match was only announced that morning.

Ticket resale (also known as ticket scalping or ticket touting when done for profit) is the act of reselling tickets for admission to events. Tickets are bought from licensed sellers and then sold for a price determined by the individual or company in possession of the tickets. Tickets sold through secondary sources may be sold for less or more than their face value depending on demand, which tends to vary as the event date approaches. When the supply of tickets for a given event available through authorized ticket sellers is depleted, the event is considered "sold out," generally increasing the market value for any tickets on offer through secondary sellers. Ticket resale is common in both sporting and musical events.

Ticket resale is a form of arbitrage that arises when the number demanded at the sale price exceeds the number supplied (that is, when event organizers charge less than the equilibrium prices for the tickets).

During the 19th century, the term scalper was applied to railroad ticket brokers who sold tickets for lower rates.[1]

  1. ^ "THE TRUNK LINE WARFARE - WHAT THE RAILROAD PASSENGER AND TICKET AGENTS SAY. - View Article - NYTimes.com" (PDF). 13 July 1881.

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which added a user-side ticket resale functionality to the app. Using Snap and Sell, users can take pictures of sports tickets, which are then analyzed...

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containing information and resources for the ticket resale industry. TicketNetwork also sells the tickets uploaded to their marketplace with their Private...

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ensure payment. "Ticket tout" is a British term for a scalper, someone who engages in ticket resale for more than the face value of the ticket. In recent years...

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Final Four ticket contingent on a specific team reaching the event. Futures contract Futures exchange Ticket resale "Forbes - "Final Four Tickets at 80% Off""...

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from ticket issuers and various providers in the ticket resale industry including ticket resale marketplaces such as RazorGator, StubHub, TicketNetwork...

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later. In 2009, Ander Michelena and Jon Uriarte decided to take the ticket resale business to Spain and start Ticketbis. At the beginning stages, they...

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