Quick Answer: How Do Ticket Resale Sites Work?

Can you get scammed on StubHub?

If you can get scammed on stubhub, I would say it is more likely that it is the seller getting scammed.

If you buy tickets through StubHub and are refused entry at the venue (because the tickets are fake, invalid, etc.), then StubHub will refund your money.

Moreover, StubHub will ban sellers who offer fake tickets..

Does StubHub guarantee tickets are real?

FanProtectTM means every order is 100% guaranteed Get valid tickets to any event or your money back. We go out of our way to find replacement tickets if there is an issue with your order. If your event is canceled and not rescheduled, you will receive a credit worth 120% of the amount you paid for the impacted event.

Are ticket resale sites safe?

Ticket resale sites such as viagogo, Seatwave and others provide a marketplace for fans to buy and sell concert tickets. Tickets bought from the industry’s bigger names are likely to be genuine, and some offer consumer protection and guaranteed sales. However, you are also likely to pay a hefty premium.

Does StubHub sell fake tickets?

Unfortunately, fake StubHub tickets happen, as I learned at Kaskade’s Pier 94 concert Saturday night. … put it, is like “ticket insurance.” Basically “FanProtect” is StubHub’s promise that you will receive the tickets you ordered before the event and they won’t be fake, but that’s not always how it works.

How do scalpers get tickets so fast?

How do ticket scalpers buy or automate buying tickets to new events so fast? They use a variety of methods, They use bots (bots are computer programs that can automate the carting and buying process multiple times simultaneously). They employee ticket pullers (people that buy tickets for them).

Why is reselling tickets called scalping?

scalp (tickets) Why is the resale of tickets called scalping? It was the practice of some Native American tribes to scalp their defeated foes (that is, to remove the skin from the tops of their heads). Men saw an opportunity to make quick cash by purchasing unused portions of railroad tickets to resell for profit.

How do you buy tickets before they sell out?

If you know an event is very popular, then the best way to ensure you get tickets before they sell out is to get them during a presale or on the general on-sale date. Otherwise, you can get tickets which are released by the venue closer to the event date.

How much does TicketMaster make per ticket?

For instance, if you want to buy a ticket worth $100, you will pay $110, while the seller will get $85. TicketMaster has more sophisticated fees. On average, they range around 15%.

Can someone transfer fake tickets through Ticketmaster?

No, they cannot. Once you accept the transfer then you will be the only one in possession of that newly generated barcode. The barcode is reissued once it is transferred from one individual to the next.

How can you tell if tickets are fake?

Take a paper clip and heat it up red hot. Set the hot edge on the corner of the ticket for a few seconds. If it’s a genuine ticket, it will turn the front brown and you will see very little, if anything, on the back. A fake ticket will usually catch on fire but will always show a burnt mark on the back side.

Why is reselling tickets illegal?

They state that it creates a fair, open market that both parties are agreeable toward. Those who want to make the practice illegal argue that the system favors the wealthy and prompts scalpers to buy large quantities of tickets strictly for resale.

Is StubHub owned by Ticketmaster?

The website had more than 240 million unique visitors last year and sold tickets valued at more than $4.75 billion. EBay has owned StubHub since 2007, when it bought the business from Messrs. Baker and Fluhr for $310 million. … Ticketmaster, the largest ticket seller, has been expanding its resale business, too.

Is it illegal to flip tickets?

There is no federal law regarding ticket scalping in the United States, and StubHub encourages sellers to adhere to local state regulations in its terms of service. … Consumers could be on both sides, because one day you might need to sell tickets and others you might want to buy them.”

Is StubHub better than Ticketmaster?

Stubhub has the most inventory of any reseller, but it doesn’t always have the best deals because of its fees. Ticketmaster tends to have a great selection but it also has lots of hidden fees and generally non-transparent pricing. The Ticket Exchange is a peer to peer marketplace for select sports teams.

How do ticket resellers work?

Tickets are bought from licensed sellers and are 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.

How much money can you make flipping tickets?

You can expect to make anywhere from $1300-$1500. This may take about a month or so to sell. Of course, it may take a longer time if the event is many months away. Furthermore, you can also make much more money on tickets if for some reason they begin selling for much more.

Can you sell tickets on StubHub for more than face value?

StubHub is a marketplace where fans buy from and sell tickets to one another. This means sellers set the ticket prices. They may sell them for more or less than face value.

How do resale tickets make money?

How to Make a Profit as a Ticket Reseller?Research several tickets online and check out tickets that have a tendency of getting sold out. … Buy your tickets early so you can buy at a discounted price. … Buy several tickets, hold then for a while and resell them at a higher price when the date of the event draws closer.More items…•Apr 7, 2021

Is buying and reselling tickets illegal?

However, it is still perfectly legal to resell tickets for other events such as gigs and concerts, as long as the sale abides by consumer protection laws.

How can I avoid getting scammed for concert tickets?

Make sure the section and seat numbers on the tickets actually exist at the venue. Have the seller meet you in person in a public place for the ticket exchange. Ask the seller for proof that they bought the tickets, if you are buying from an individual. Use a credit card to pay third party sellers.

Is ticket flipping profitable?

After you’ve read the terms and conditions of the tickets fan clubs offer and you make sure you’re legally allowed to resell them, you can make a nice profit this way. You can get multiple tickets at special prices and then sell them to people at market value.

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