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Ticket Price-Gouging on StubHub, Seat Geek, etc.
Posted on 10/26/23 at 2:47 pm
Posted on 10/26/23 at 2:47 pm
Why is it legal to price-gouge buyers for LSU football tickets when sellers post them on StubHub, Seat Geek, etc.? Ticket scalping was illegal for many years. I’m just trying to understand.
11
Posted on 10/26/23 at 2:54 pm to zaniesmo12
Because in Louisiana, and I may be slightly off in my understanding of the law, one can sell tickets for up to the printed price AND any contributions they made to the university on top of the price in order to get the ticket.
Posted on 10/26/23 at 2:55 pm to zaniesmo12
It’s frustrating how you see a ticket for $75 and then it becomes $130 with all of the fees.
Posted on 10/26/23 at 2:57 pm to DrEdgeLSU
That may be true but tickets for big games are sold for dollar amounts much higher than that. Face value plus the prorated amount for that games TAF contribution is less than the asking price for top matchups like Alabama, aTm, etc.
Posted on 10/26/23 at 2:58 pm to DrEdgeLSU
quote:
Because in Louisiana, and I may be slightly off in my understanding of the law, one can sell tickets for up to the printed price AND any contributions they made to the university on top of the price in order to get the ticket.
My understanding is the current law allows for ticket resale at whatever price the market offers. I do not know what the current law is regarding people who purchase tickets simply to scalp them, though.
Ultimately. the state will get it's pound of flesh if you purchase via the resale sites in the form of sales tax so they won't do anything to stifle the revenue.
Posted on 10/26/23 at 2:58 pm to Paul Allen
The fees are criminal but there is no alternative.
Posted on 10/26/23 at 3:05 pm to zaniesmo12
It's sad to see brokers selling tickets on those sites they don't even have. Sure, if they can't secure tickets you'll get a refund but how many people make plans, book hotel rooms, flights, etc thinking they actually have those tickets when often times, they don't.
I'll sell tickets on those sites when I can' sell them other places but I refuse to buy any off of them.
I'll sell tickets on those sites when I can' sell them other places but I refuse to buy any off of them.
Posted on 10/26/23 at 3:14 pm to zaniesmo12
Capitalism? Why do you think it should be illegal?
Posted on 10/26/23 at 3:17 pm to zaniesmo12
A man SHOULD be able to sell his possessions for however much he wants.
Posted on 10/26/23 at 3:19 pm to Clark W Griswold
My issue is 100 with the brokers. I’m currently in a battle with stubhub.
I live in Florida and bought tickets for the LSU UF game. I bought tickets right after the loss to FSU.
I bought mobile tickets but the seller changed to paper tickets after the fact. SH is refusing to give me a refund or replacement tickets, saying the seller will get them to my mailbox in Florida before game time.
I live in Florida and bought tickets for the LSU UF game. I bought tickets right after the loss to FSU.
I bought mobile tickets but the seller changed to paper tickets after the fact. SH is refusing to give me a refund or replacement tickets, saying the seller will get them to my mailbox in Florida before game time.
Posted on 10/26/23 at 3:27 pm to Quatrepot
quote:
A man SHOULD be able to sell his possessions for however much he wants.
They're selling things they don't have and don't have rights to but rather hope to acquire.
Posted on 10/26/23 at 3:40 pm to zaniesmo12
If someone listed all their seats individually for LSU home games, doubtful they could break even by the end of the year. The donations are essentially to secure tickets to the "big" games, so they are just trying to get some of their money back on those. For reference lower bowl Army tickets were $5-$10 close to kickoff, upper deck tickets were being given away
Posted on 10/26/23 at 3:43 pm to yaherrdme
quote:
The donations are essentially to secure tickets to the "big" games
Pony up the money you can get seats wherever you want to for any big game. I never understood this logic.
Posted on 10/26/23 at 3:44 pm to LSUfan4444
quote:Never have heard of this happening.
It's sad to see brokers selling tickets on those sites they don't even have.
Posted on 10/26/23 at 3:45 pm to LSUfan4444
quote:I’m not aware of how they would know which tickets they “might acquire” but if you have a problem with how they do business, get your tickets through another means.
They're selling things they don't have and don't have rights to but rather hope to acquire.
Posted on 10/26/23 at 3:47 pm to Quatrepot
quote:
I’m not aware of how they would know which tickets they “might acquire”
They sell rights to tickets they don't have. If they don't get the tickets they refund the buyer.
quote:
if you have a problem with how they do business, get your tickets through another means.
I do and said that earlier. Doesnt mean I still can't dislike it.
Posted on 10/26/23 at 3:50 pm to MSTiger33
The fees by StubHub, SeatGeek, etc. is where the true crime exists. I’m fine with h paying more for a game that I want to attend; but 30% seller fees are a rip off.
Posted on 10/26/23 at 3:53 pm to Paul Allen
quote:
It’s frustrating how you see a ticket for $75 and then it becomes $130 with all of the fees.
Bought 4 tix to the LSU Army game on seatgeek. Paid $204 in fees. Ridiculous
ETA: All of those platforms seem ripe for some competitor to undercut them and charge a flat 3% fee or something.
This post was edited on 10/26/23 at 3:55 pm
Posted on 10/26/23 at 3:54 pm to Gings5
quote:
Never have heard of this happening.
Happens all the time.
They'll find sections and rows selling at high profits and hope to secure seats in that section and when things fall through, blame it on the seller and offer a refund or replacement tickets for something that was never for sale in the first place.
One of the hottest ticket lotteries out there right now is the Savannah Bananas. Before one ticket was distributed to anyone they were already on sale on those resale sites and the organization called them out on it.
Example.. LINK
This post was edited on 10/26/23 at 4:10 pm
Posted on 10/26/23 at 4:06 pm to Shaq4prez
quote:
Face value plus the prorated amount for that games TAF contribution is less than the asking price for top matchups like Alabama, aTm, etc.
Is there any law that says the TAF fee has to be prorated when you sell a ticket?
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