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Saturday, October 16, 2010

How do concert ticket sales work?

I am looking for tickets to a sold out concert at the Pepsi Center in Denver. They started out at no more than $89 each, and are now going for no less than $87 each. There are thousands for sell. How is it possible for this to happen if limits are set on the amount of tickets people can buy? I'm just curious is all! Also, is there a less expensive way to get tickets. I live 8 hours from Denver, and I'm not sure if there's a place locally to get tickets for less. Thanks!




Answer 1 :
Scalpers use different ways to buy blocks (whatever the limit may be) of tickets at a time (Different email addresses, credit cards, in some cases where you can buy tickets in person before they go on sale online, they hire people to buy tickets for them, etc, etc). Concert promoters and venues are constantly trying to come up with new ways to prevent this from happening. I can think of 3 ways you might get tickets cheaper: stubhub.com, ebay and seeing a scalper outside the Pepsi Center. Here's a link to a good article about some of the steps taken to beat scalpers & an example of how scalpers hurt the industry.

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