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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).
Boise State has sold out its next two home games, but you can still purchase tickets — at a premium.
As of 2016, ticket resale was Ticketmaster's fastest growing business. [48] In 2022, Ticketmaster was experimenting with a demand-based, dynamic pricing which would vary the ticket price based upon demand. The new system is touted to give artists a higher share of the revenues that would otherwise be coming through resale ticket sales. [49]
The cheapest pair of resale tickets available was priced at $2,190 apiece, as of Oct. 29, IndyStar reports. In most cities, Ticketmaster has released last-minute ticket drops, sometimes just 24 ...
One upper-level ticket on StubHub goes for $85 and $119 on Tickets For Less, which the resale ticket site says is a 10.9% ... sees prices start at $195 for a verified resale ticket and $250 for ...
A ticket bot is a software program that automates the process of searching for and buying tickets to events on ticket vendor platforms, such as Ticketmaster. Using bots, a broker can automate the process of searching for and buying tickets so that it happens in a flash, and conduct hundreds or even thousands of transactions at the same time.
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