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Is it right to do this?

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metalgal
metalgal Posts: 320 Forumite
edited 5 March 2010 at 10:26PM in Boost your income
Please note I don't actually do this i just want peoples opinion on this.

I don't work and so people are always getting me to order tickets for them from ticketmaster etc. Cos i don't work i can be on the computer logged in at 9am when the go on sale. There are sometimes when im booking tickets for things i know will sell out. I am always tempted to but a ticket or two and then sell them on ebay closer to the time. For example i booked tickets for peter kay which cost approx £65 each. It sold out and the tickets are currently going for over £100 on ebay at the minute and the gig isn't even until december!

Would buying tickets with the sole purpose of selling them for profit later be wrong?
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Comments

  • custardy
    custardy Posts: 38,365 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    metalgal wrote: »
    Please note I don't actually do this i just want peoples opinion on this.

    well thats an interesting question.........
  • GetRealBabe
    GetRealBabe Posts: 2,258 Forumite
    Tenth Anniversary 1,000 Posts Photogenic
    custardy wrote: »
    well thats an interesting question.........

    Hi

    Yes, the best ever.:rotfl::rotfl:

    So what's the question?

    GRB
    Sealed Pot Challenge No 089-Finally got a signature.:rotfl::j

  • missmontana
    missmontana Posts: 1,994 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Plenty of people do it already!
    Be who you are, say what you feel, those who mind don't matter, those who matter don't mind.
    They say that talking to yourself is a sign of mental illness. So I talk to the cats instead.
  • geordie_joe
    geordie_joe Posts: 9,112 Forumite
    1,000 Posts Combo Breaker
    Hi

    Yes, the best ever.:rotfl::rotfl:

    So what's the question?

    GRB
    Would buying tickets with the sole purpose of selling them for profit later be wrong?

    Last line of the OP, did you not read that far :rotfl::rotfl:
  • bigpound
    bigpound Posts: 259 Forumite
    It's illegal, as nearly all tickets are not allowed to be resold. Also people will hate you for doing it.
  • geordie_joe
    geordie_joe Posts: 9,112 Forumite
    1,000 Posts Combo Breaker
    bigpound wrote: »
    It's illegal,

    What makes you think that? Serious question, what proof do you have that it is illegal?
    bigpound wrote: »
    as nearly all tickets are not allowed to be resold.

    What about the ones that are not included in "nearly all"? If it's illegal to resell tickets then it's illegal to resell them all, not "most of them"

    Also, who says they are not allowed to be resold, the people who sell them or the law makers of the UK?

    There's a big difference between a ticket seller/venue saying "we will not let you in if we think you are not the original ticket purchaser" and the legal system saying "You will be punished if you resell a ticket".
    bigpound wrote: »
    Also people will hate you for doing it.

    Not the ones who buy the ticket, those who would not have got one any other way.

    The way I see it, it's no different to buying a house then selling it when the price goes up.
  • skintdragon
    skintdragon Posts: 299 Forumite
    Part of the Furniture Combo Breaker
    :eek:

    here's my 2p worth...

    as a regular gig- goer i'd be miffed if people bought tickets solely for touting interests. you've got people trying to obtain tickets for the retail price and touts bump the prices up and that to me is grossly unfair. we can't all afford to pay overly- inflated tout prices.

    i have on the odd occasion had to sell tix on ebay because of work commitments but i always sell it for the price i paid (ticket price, admin/ booking fee, postage), so i don't gain any profit. that's fair, and it gives someone else an opportunity to go and enjoy themselves without paying over the odds. ;)
    :mad: Hindsight is a wonderful thing...
    :j One of Mike's Mob! yea!!!
    F
    inally settled full balance of RBS personal loan ahead of schedule on 10th August 2010 :money:





    DEBT FREE AT LAST... BUT FOR HOW LONG?! :eek:
  • clairibel
    clairibel Posts: 3,657 Forumite
    1,000 Posts Combo Breaker I've been Money Tipped!
    I'm with skintdragon on this one....those extra tickets that you resell for £100 could have been left with ticketmaster and potentially bought by people who actually want to see the show.

    We had this with WWE tickets as my son is mad on them couldn't get tickets and had to pay over the odds, but if they all didn't get swooped up by sellers we might have had a chance and not be skint :eek:

    Sore subject for me, but feel free to do as you please...
  • custardy
    custardy Posts: 38,365 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    What makes you think that? Serious question, what proof do you have that it is illegal?

    .

    well the OP would need to declare that income from selling the tickets
    if they didnt they could be in a sticky situation with the DWP/HMRC
  • geordie_joe
    geordie_joe Posts: 9,112 Forumite
    1,000 Posts Combo Breaker
    custardy wrote: »
    well the OP would need to declare that income from selling the tickets
    if they didnt they could be in a sticky situation with the DWP/HMRC

    That just means you get into a sticky situation for not declaring what you are earning. I asked how it was illegal to resell tickets.
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