Geekzone: technology news, blogs, forums
Guest
Welcome Guest.
You haven't logged in yet. If you don't have an account you can register now.


View this topic in a long page with up to 500 replies per page Create new topic
1 | 2 | 3 | 4 | 5 | 6 | 7


IT Professional
1701 posts

Uber Geek
+1 received by user: 164

Trusted
Subscriber

  Reply # 1334960 1-Jul-2015 12:22 Send private message

bazzer:
MileHighKiwi: The story in the Dom Post today about bots buying tickets is disturbing. I really don't object to people on selling their personal tickets at a profit, free market and all that, but if bots are buying multiple tickets with the pure goal of financial gain, that's wrong and needs to be stopped.

Why? I am personally against scalping, but if you're going to say it's OK for individuals to buy tickets and sell them for premeditated profit, why is it not OK for those same people to use bots to do the work for them?

Unless you're talking about Skynet in which case, I agree with you.


Agree - buying tickets to resell for profit from the onset is scalping whether done by human or automation. The automation is quite worrying though.

Ticketek need to seriously bump up their system to detect this if it is going on and then prosecute those doing it to the maximum extent of the law, and I am sure IRD would like to be pointed in those scalpers direct too so as to make sure they were paid their dues from those profits!

1897 posts

Uber Geek
+1 received by user: 223

Subscriber

  Reply # 1334961 1-Jul-2015 12:23 Send private message

So does anyone have any stats in terms of the number of tickets that are scalped at such events?  I just had a quick look on Trademe and only saw 10 auctions offering 26 tickets for the Super Rugby final.  Now I know this is by no means a valid sample size but is the problem really that big?  It would seem like a waste of time and resources to police something if the number of scalped tickets is low percentage wise??



IT Professional
1701 posts

Uber Geek
+1 received by user: 164

Trusted
Subscriber

  Reply # 1334963 1-Jul-2015 12:26 Send private message

floydbloke:
mclean: The underlying problem is that there is a supply/demand disequilibrium.  The tickets are too cheap.  If tickets were priced so that they didn't sell out instantly then there would simply be no "black" market.  Rugby would make a return commensurate with how the market values their product, and everyone would moan about the price of the tickets.


I agree with the problem statement in essence, but that would very quickly preclude those of lesser means from attending high-profile/high-demand events. At least with the current system (if you can call that) everyone has a, more or less, equal chance of buying tickets.


If bots are indeed being used that there is no way everyone has an equal chance. Bots would very much move the advange away from your normal human buyer.

It isn't that the tickets are too cheap - it's that there are not any laws governing the situation so people are taking advantage of it. Even if the tickets were twice the price this would have happened because those tickets would still be in high demand - and instead of onselling tickets for $500 per seat, it could be $600 or $700 per seat.



IT Professional
1701 posts

Uber Geek
+1 received by user: 164

Trusted
Subscriber

  Reply # 1334972 1-Jul-2015 12:30 Send private message

Satch: So does anyone have any stats in terms of the number of tickets that are scalped at such events?  I just had a quick look on Trademe and only saw 10 auctions offering 26 tickets for the Super Rugby final.  Now I know this is by no means a valid sample size but is the problem really that big?  It would seem like a waste of time and resources to police something if the number of scalped tickets is low percentage wise??


There are at least 12 auctions for tickets that have already ended. Some were withdrawn, so draw what you will from that (sold offline, relisted, changed mind, ...)

There were apparently 77 auctions on an overseas site earlier yesterday.

It would be interesting to know the actual numbers, but I suspect we never will.

263 posts

Ultimate Geek
+1 received by user: 56

Subscriber

  Reply # 1335010 1-Jul-2015 13:38 Send private message

keewee01: ...Even if the tickets were twice the price this would have happened because those tickets would still be in high demand - and instead of onselling tickets for $500 per seat, it could be $600 or $700 per seat.

If the tickets were $70, and as result there were still a few left at Ticketek, then no-one could onsell a ticket for >$70.  I'm not saying that would be politically acceptable, but that would be normal free market economics.




McLean

2038 posts

Uber Geek
+1 received by user: 212

Subscriber

  Reply # 1335012 1-Jul-2015 13:42 Send private message

keewee01:
Satch: So does anyone have any stats in terms of the number of tickets that are scalped at such events?  I just had a quick look on Trademe and only saw 10 auctions offering 26 tickets for the Super Rugby final.  Now I know this is by no means a valid sample size but is the problem really that big?  It would seem like a waste of time and resources to police something if the number of scalped tickets is low percentage wise??


There are at least 12 auctions for tickets that have already ended. Some were withdrawn, so draw what you will from that (sold offline, relisted, changed mind, ...)

There were apparently 77 auctions on an overseas site earlier yesterday.

It would be interesting to know the actual numbers, but I suspect we never will.


So 89 sellers out of approx 30,000 tickets.

Assuming 10 tickets per seller and double the number of sellers let us say that there were 1780 tickets sold.

That is 6% of tickets so while a noticeable number it is hardly high.

I'm sure I've completely overstated the figures so the real number hopefully is much lower.

15793 posts

Uber Geek
+1 received by user: 1762

Trusted

  Reply # 1335049 1-Jul-2015 13:58 Send private message

It depends on how many other black markets there are other than Trademe

1334 posts

Uber Geek
+1 received by user: 439


  Reply # 1335100 1-Jul-2015 14:51 Send private message

keewee01:
floydbloke:
mclean: The underlying problem is that there is a supply/demand disequilibrium.  The tickets are too cheap.  If tickets were priced so that they didn't sell out instantly then there would simply be no "black" market.  Rugby would make a return commensurate with how the market values their product, and everyone would moan about the price of the tickets.


I agree with the problem statement in essence, but that would very quickly preclude those of lesser means from attending high-profile/high-demand events. At least with the current system (if you can call that) everyone has a, more or less, equal chance of buying tickets.


If bots are indeed being used that there is no way everyone has an equal chance. Bots would very much move the advange away from your normal human buyer.

....


Good point.  My comment only considered the 'raise the price to what the market will tolerate' point.





356 posts

Ultimate Geek
+1 received by user: 26


  Reply # 1335112 1-Jul-2015 15:06 Send private message

Turns out the guy I was trying for managed to get some in the end. His wife managed to get through online, so good result.

3246 posts

Uber Geek
+1 received by user: 207

Trusted

  Reply # 1335119 1-Jul-2015 15:08 Send private message

invisibleman18: Turns out the guy I was trying for managed to get some in the end. His wife managed to get through online, so good result.

What would've happened if you'd both got him his tickets? Trademe?

356 posts

Ultimate Geek
+1 received by user: 26


  Reply # 1335123 1-Jul-2015 15:22 Send private message

Not sure. I'd probably offer them here/another forum I visit/Facebook at face value to the first person to message me. Would imagine it would be easy enough to find someone without going to Trademe. Certainly wouldn't be wanting any profit, would just want someone who missed out to get them for the same price. Guess it would have been up to him if that had happened though as was going to use his credit card.

3246 posts

Uber Geek
+1 received by user: 207

Trusted

Reply # 1335131 1-Jul-2015 15:30 One person supports this post Send private message

invisibleman18: Not sure. I'd probably offer them here/another forum I visit/Facebook at face value to the first person to message me. Would imagine it would be easy enough to find someone without going to Trademe. Certainly wouldn't be wanting any profit, would just want someone who missed out to get them for the same price. Guess it would have been up to him if that had happened though as was going to use his credit card.

Just try $1 reserve! wink

235 posts

Master Geek
+1 received by user: 27


  Reply # 1336293 3-Jul-2015 10:55 Send private message

my question - why isn't Tiketek asking Trademe to remove all auctions of tickets that are above face value (plus resonable costs) ?

they should at least attempt to enforce their own Terms & Conditions

Trademe says they cannot act off request from third party (such as the Highlanders)

2079 posts

Uber Geek
+1 received by user: 845


  Reply # 1336318 3-Jul-2015 11:21 One person supports this post Send private message

bongojona: my question - why isn't Tiketek asking Trademe to remove all auctions of tickets that are above face value (plus resonable costs) ?

they should at least attempt to enforce their own Terms & Conditions

Trademe says they cannot act off request from third party (such as the Highlanders)


Time and Effort for no direct return for Ticketek.



356 posts

Ultimate Geek
+1 received by user: 26


  Reply # 1336337 3-Jul-2015 11:45 Send private message

There's probably a loophole in that by listing it for $1 reserve they are technically not selling it above face value, it's the bidders choosing to pay that much.

1 | 2 | 3 | 4 | 5 | 6 | 7
View this topic in a long page with up to 500 replies per page Create new topic



Amazon prices in US$






Twitter »

Follow us to receive Twitter updates when new discussions are posted in our forums:



Follow us to receive Twitter updates when news items and blogs are posted in our frontpage:



Follow us to receive Twitter updates when tech item prices are listed in our price comparison site:






Geekzone Live »

Try automatic live updates from Geekzone directly in your browser, without refreshing the page, with Geekzone Live now.



Are you subscribed to our RSS feed? You can download the latest headlines and summaries from our stories directly to your computer or smartphone by using a feed reader.

Alternatively, you can receive a daily email with Geekzone updates.