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Old 04-16-2018, 02:54 PM   #26
Tutejszy
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Re: Super Bowl Ticket Scam - $1.3 million reportedly lost (Seidel, Juanda, Clark)

I just rechecked an in my country (Poland) both buying and reselling tickets "for artistic, sporting and entertainment events" (sorry, Im not really good at translating law language) at non-market prices is a fellony, I just assumed it's the same in the rest of .EU.

Might be wrong, since I remember that this was a huge thing in the 90's, so maybe our goverment took some special counter-measures.
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Old 04-16-2018, 03:40 PM   #27
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Re: Super Bowl Ticket Scam - $1.3 million reportedly lost (Seidel, Juanda, Clark)

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Originally Posted by Chaos_ult View Post
The people who are against inflated ticket prices on the secondary market are basically saying "**** economics man, we can't even afford to go to the shows we like anymore"


The prices would not be as high as they are if there wasn't a market for it.

You should look at it as though the original ticket vendors are underpricing their tickets.

What you should really be mad about are the bots that buy up tickets in 2.5 seconds, leaving the normal people with nothing.
Creating scarcity by withholding thousands of tickets until the last day before you release them at extortion prices isn't "just economics".
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Old 04-16-2018, 03:48 PM   #28
madlex
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Re: Super Bowl Ticket Scam - $1.3 million reportedly lost (Seidel, Juanda, Clark)

Quote:
Originally Posted by Tutejszy View Post
I just rechecked an in my country (Poland) both buying and reselling tickets "for artistic, sporting and entertainment events" (sorry, Im not really good at translating law language) at non-market prices is a fellony, I just assumed it's the same in the rest of .EU.
Maybe there’s an error in the translation, but ‘market price’ is what somebody is willing to pay for an item or service. So if you buy a ticket for $100 and a third person tells you they want to buy it for $1000, then $1000 is the market price for that item.

If you mean ‘face value’, I would still question the phrasing, because at ‘non-face value’ would also mean that you are not allowed to resell that $100 ticket for $80 because you lost interest in the event.

That link for soccer matches in England is interesting, as it involves ‘public order’ as a reason not being allowed to resell a ticket. For that same reason, reselling ‘personalized’ tickets is illegal in other European countries. So if your name is on the ticket, the host of the event can prohibit customers from giving the ticket to a third party, no matter if they have to pay for it.
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Old 04-16-2018, 04:01 PM   #29
Tutejszy
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Re: Super Bowl Ticket Scam - $1.3 million reportedly lost (Seidel, Juanda, Clark)

k, Ill give my best to translating the whole paragraph from our code of offences (art. 133): "whoever buys tickets for an artistic, sporting or entertainment events with the intention of selling them with profit, or whoever sells such tickets with profit, is a subject of punishment of arrest, prison sentence or fine"

so, the wording is quite strange, but I think it is also pretty clear. I am honestly surprised that this isn't standard for lawmaking, as abundance of such laws gives soooo much room for very scummy behaviour
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Old 04-16-2018, 04:10 PM   #30
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Re: Super Bowl Ticket Scam - $1.3 million reportedly lost (Seidel, Juanda, Clark)

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Originally Posted by Kelvis View Post
Creating scarcity by withholding thousands of tickets until the last day before you release them at extortion prices isn't "just economics".
We are saying the same thing. That scarcity that you speak of is largely a product of bots.

Nobody is extorted into going to a football game. The buyers set the price.
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Old 04-16-2018, 04:43 PM   #31
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Re: Super Bowl Ticket Scam - $1.3 million reportedly lost (Seidel, Juanda, Clark)

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Originally Posted by DC2LV View Post
There's no federal law that would make scalping tickets illegal. Some states, however, have individual laws that put restrictions on the selling of tickets above face value on the secondary market.
Even those states statutes seem to have zero teeth anymore with the advent of services like StubHub, Craigslist-Tickets, Ticket Broker websites, etc., etc.
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Old 04-16-2018, 05:03 PM   #32
dc_publius
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Re: Super Bowl Ticket Scam - $1.3 million reportedly lost (Seidel, Juanda, Clark)

There's a good Freakanomics podcast on this issue. There are a lot of issues at play here, but saying that resellers are screwing things up for the "fans" is not one of them.

Tickets are priced artificially low for several reasons which is why there is a reseller market. The podcast talks about a lot of things. (Did you know that some insiders get blocks of seats as partial payment, which they in turn also resell?)
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Old 04-16-2018, 06:03 PM   #33
9tablingnit
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Re: Super Bowl Ticket Scam - $1.3 million reportedly lost (Seidel, Juanda, Clark)

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Scammers got scammed. How about giving people a chance to buy tickets at the fair price?
This. Give people a chance.
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Old 04-16-2018, 07:34 PM   #34
MCAChiTown
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Re: Super Bowl Ticket Scam - $1.3 million reportedly lost (Seidel, Juanda, Clark)

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Originally Posted by Chaos_ult View Post
That scarcity that you speak of is largely a product of bot.
Bots ruin everything that's fun.
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Old 04-16-2018, 07:43 PM   #35
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Re: Super Bowl Ticket Scam - $1.3 million reportedly lost (Seidel, Juanda, Clark)

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It must suck for guys like Seidel and Juanda to give their money to a company based on the word of someone they thought was trustworthy and trust that it would be kept safe and later finding out it wasn't.
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Old 04-16-2018, 07:46 PM   #36
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Re: Super Bowl Ticket Scam - $1.3 million reportedly lost (Seidel, Juanda, Clark)

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Originally Posted by excaxante View Post
Can anyone please explain the joke? I dont get It.
+1
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Old 04-16-2018, 08:41 PM   #37
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Re: Super Bowl Ticket Scam - $1.3 million reportedly lost (Seidel, Juanda, Clark)

They were trying to provide/facilitate/corner a secondary market, not partake.
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Old 04-16-2018, 09:08 PM   #38
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Re: Super Bowl Ticket Scam - $1.3 million reportedly lost (Seidel, Juanda, Clark)

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Originally Posted by youriw21 View Post
+1
One more time: They didn't participate in a secondary ticket market because there were no tickets.
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Old 04-16-2018, 09:34 PM   #39
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Re: Super Bowl Ticket Scam - $1.3 million reportedly lost (Seidel, Juanda, Clark)

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They were trying to provide/facilitate/corner a secondary market, not partake.
More they didn't actually partake as it was a scam all along
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Old 04-18-2018, 08:53 AM   #40
'-'_@_
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Re: Super Bowl Ticket Scam - $1.3 million reportedly lost (Seidel, Juanda, Clark)

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Originally Posted by madlex View Post
One more time: They didn't participate in a secondary ticket market because there were no tickets.
More like they didn't solicit an underage girl because it was a 30 year old male police officer posing as an underage girl in a chatroom.
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