profit in concert tickets?

baza52

http://www.guardian.co.uk/money/2011/may/07/high-court-ruling-ticket-touts

fahimk123

its called selling tickets in black and is illegal in every aspect so should avoid but as you asked it is profitable just like any other illegal practice

fluffpot

Plus the fact that it can go wrong - I've got some pretty cheap tickets to pretty good gigs in the past because people have planned to do this and then there was over supply!

Good for me though!

Art_Vandelay_2

fluffpot wrote: »

Plus the fact that it can go wrong - I've got some pretty cheap tickets to pretty good gigs in the past because people have planned to do this and then there was over supply!

Good for me though!

Had this happen once or twice too - couple of times got 2 tickets for well under £20. Big-name artists as well, these were £40-50 tickets.

heretolearn_2

I don't think it's illegal for all events. For example the site 'getmein' which is for ticket sales like this is owned by Ticketmaster, one of the big official direct ticket sales firms. If any resales were illegal it would break the terms and conditions of the tickets they sell in the first place, but they accept your reseller ads.

I hold my hands up this year for the first time I bought two V festival tickets with the intention of selling one at a small profit, probably about £50. However one of my friends now wants it so is getting it for face value of course.

stebiz

Sorry people but if you are going to make a response, at least know the facts.

It isn't, and never has been, illegal to sell concert or sports tickets in the UK. One exception, is FOOTBALL. This is illegal, which is why ebay will not let you sell them.

My kids go to concerts. I often buy an extra few, if I think it is going to be a sell out. This usually offsets what I have paid for their tickets. This is one of the reasons they can go.

Scum? I don't think so. But I'll leave that to you to decide.

Rev

stebiz wrote: »

Sorry people but if you are going to make a response, at least know the facts.

It isn't, and never has been, illegal to sell concert or sports tickets in the UK. One exception, is FOOTBALL. This is illegal, which is why ebay will not let you sell them.

My kids go to concerts. I often buy an extra few, if I think it is going to be a sell out. This usually offsets what I have paid for their tickets. This is one of the reasons they can go.

Scum? I don't think so. But I'll leave that to you to decide.

So what about the kids who's parents can't buy them because you and others with that attitude have bought extra to sell? What if they cant afford them at the inflated prices you decide to sell at?

So those kids miss out because you decided to make a few £.

And using the excuse that it's one of the reasons they can go is crap. Get the amount you need, let others do the same.

Scum. In my eyes, yes.

stebiz

Rev wrote: »

So what about the kids who's parents can't buy them because you and others with that attitude have bought extra to sell? What if they cant afford them at the inflated prices you decide to sell at?

So those kids miss out because you decided to make a few £.

And using the excuse that it's one of the reasons they can go is crap. Get the amount you need, let others do the same.

Scum. In my eyes, yes.

Well not Scum in my eyes. If they can't afford them, then sadly that is life. Maybe certain parents should give up on a few luxuries. I'm entitled to buy them, as much as anybody else, and if that makes me a few quid, so I can treat the kids, then I'm happy with that.

Rev

stebiz wrote: »

Well not Scum in my eyes. If they can't afford them, then sadly that is life. Maybe certain parents should give up on a few luxuries. I'm entitled to buy them, as much as anybody else, and if that makes me a few quid, so I can treat the kids, then I'm happy with that.

That's my point. Maybe they would be able to afford the face value were they able to buy from the venue. But aren't able to pay the inflated value you charge. As you said, selling the extra offsets the price of tickets, so they are in effect paying for your kids as well as their own. Nobody said you weren't entitled to buy them.

My opinion is that it's a crappy thing to do.

Maybe they should give up luxuries, or maybe they just can't afford twice the price, or maybe you should buy what you need and give others a chance.

thegirlintheattic

In most cases not illegal although almost always against the terms and conditions of the tickets.

Some venues are getting much tougher on this and restricting ticket sales and checking cards against bookings.

I personally think it is not a fair way to make money but that's a personal opinion.