Is buying and reselling tickets profitable?

If you're talking about things like concert or festival tickets what I do is buy in bulk, wait until about 3 days beforehand and take all the highest offers I can find. Can flip an easy 500
 
If you're talking about things like concert or festival tickets what I do is buy in bulk, wait until about 3 days beforehand and take all the highest offers I can find. Can flip an easy 500
How much do you spend? And what’s the profit
 
That's a fairly silly question, but say a tickets $70 if you buy say usually the max is 10 tickets some sites do discounts, if you pick the right concert say Taylor Swift or someone mad mainstream you could get them for say $60 a ticket a few months beforehand. You wait until they're all sold out and close to the date you'll easily find people offering $100 for a Taylor Swift ticket

Really depends on what kind of tickets you're investing in, this is how ticketmaster and sites like that make cash.
 
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Theres alot of courses out there. I feel like with the right tool and guidance it could be profitable. Was gonna try to get into something like this but I forgot the website that sells the tools.
 
Why would you need a tool? Just go to ticketmaster and buy in bulk, or whichever vendor's selling them
 
Why would you need a tool? Just go to ticketmaster and buy in bulk, or whichever vendor's selling them
Tool tells you which ticket is hot and which has more rate for resell and also tells you release time and date
 
Just go for ones you know are hot though, I'm Irish but the American view would be handier to understand;

Two low end football teams playing against eachother isn't gonna have much value after tickets are sold. Two high end teams playing eachother is gonna sell out mad quick, you grab ten of those tickets for retail price wait a week before the game then sell them all to the mega fans willing to overpay.

Same scenario for music, nobody's gonna go ham to buy a bhad baby ticket if you grab ten, but J Cole or Kendrick Lamar if you buy 10 tickets a few months beforehand for say $70 a ticket they'll lower the price. 3 days before the concert or that there will 100% be people trying to pay 100-125 a ticket. That's straight profit.

If you can think of a tool to make this easier on both of us I'd highly appreciate it, I'm just saying there's no real need for a ticket mate, just big brain time
 
Tool tells you which ticket is hot and which has more rate for resell and also tells you release time and date

A lot of these sites selling tickets have announcements and/or livefeeds for when tickets are released, producers of the tickets can also tell you prerelease when something's about to be released. Can't really see a point in this tool as it's stuff you can do yourself with Google. If this tool will buy said tickets for you the second they come out then damn yeah I'd jump on that, apart from that it seems pretty useless

Not complaining or giving out, just giving advice. You'd probably have to pay for this tool instead of using google to figure it all out for free
 
Ticket arbitrage, or ticket scalping if you will, is regulated in most states here in the U.S. and often banned completely, so the business model does come with some risks. But, hey, this is black hat, so wth? :)

There are plenty of free and paid tools out there (Google is always a friend), but I did find this to be a fun read. The Man Who Broke Ticketmaster: https://www.vice.com/en_us/article/mgxqb8/the-man-who-broke-ticketmaster
 
Go old school.

Stand outside a sporting or entertainment event, offer to buy up any unused tickets from people entering the venue.

Buy low, sell high.

Lot's of people still do it here in the US. Heck the other week I went to a Dodger game and got my tickets from a scalper for dirt cheap. Some of these guys can be a couple hundred a day in a matter of hours. Really good hustle if you are streey savy
 
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