WHY ITS SO EASY TO LOSE MONEY RESELLING SEASON TICKETS | ARE SEASON TICKETS PROFITABLE? $$$
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- Опубликовано: 9 июн 2024
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Reselling season tickets isn't as simple as you may think, and there are several pitfalls you need to be aware of before making the plunge into investing in season seats.
Stick around for an example of the dangers of reselling season tickets when I do a deep dive into my Pittsburgh Pirates season tickets that i've held since 2014!
1) The Seats Matter. Like anything else in the world, location and price are key. However, it isn't always as easy as finding the perfect seating location and buying them for reselling. Each team and league will have their own pricing structure, as well as availability for their season tickets. As a result, older season ticket holders may hold an advantage over a new reseller since many of the best seats both in terms of location or price may be sold out already.
2) The Team Matters. What league is the team in? What city do they play in? Are they even competitive? All of these questions play a very big role into whether you'll be able to turn a profit or not on reselling your season tickets because they can all have an oversized impact on the profitability of those season tickets. A team in a small market could potentially have an edge since the team is the only big market attraction in town, or it could mean they aren't popular at all...
Teams in different leagues also command different types of customers and are made up of different types of ticket buyers so even if you're an expert in one type of league, it may not translate directly to another since seating locations and sought after areas likely differ between each league.
Lastly, if the team isn't in a playoff hunt, it's possible you can see those profits evaporate extremely fast...or worse, you could have a team that makes the playoffs all the time, thus increasing the per ticket cost of season tickets across the board after several years, making those margins even tougher. Don't get stuck buying season tickets to a team that will suck your money dry!
3) Being Local Matters. I've mentioned this many times before, but being local as a season ticket holder looking to resell tickets is key if you want to make money reselling those tickets. When you're not local, it can become very difficult trying to move tickets as you cannot create those long-lasting relationships with customers in the area. As a result, you must compete online with other ticket resellers, both local and far, and this means lower prices and higher fees. I'm not saying you can't make money reselling season tickets by not being local, but it just makes the ability to do so much more difficult!
4) Being A Broker Matters. If a team catches you reselling season tickets, one of two things can happen.
1 - They may increase the price of your season tickets since you're reselling your seats for profit instead of using them as a fan. In this situation, it's very easy to see your ticket prices increase anywhere from 25% to 50%+ depending on the league and team you're purchasing tickets for. This can eat into your already tight margins, making it almost impossible to turn a profit in the future. However, this isn't even the worst fate...
2 - The team may simply cancel your season tickets and you're left with nothing. Holding onto tickets during the down years with the hope of making a profit in the good times may all be for nothing if the team decides they no longer want to sell you season tickets anymore.
00:00 \\ Introduction
00:45 \\ Seat Price And Location
04:52 \\ Teams, League, Market
9:30 \\ Being Local Matters
10:35 \\ Being Flagged As A Broker
13:02 \\ Resale Pittsburgh Pirates Season Seats 2014-2020
18:07 \\ Conclusion
How I Became A Ticket Broker: • HOW I BEGAN SELLING TI...
How To Make Money Reselling Season Tickets: • CAN YOU MAKE MONEY SEL...
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Expressed interest in season tickets online and was pursued aggressively. Offered as many complimentary tix for one game as I wanted. Missed meeting with my sales rep at the game, so we tried again. This time got the stadium tour including clubhouse, media booth, and Champions Club where Miggy's Triple Crown 👑 and Verlander's Cy Youngs are encased.
Dugout, warning track, home plate. So cool.
Finally pulled the trigger when I found out that a pair of premium seats were available for half season behind home.
Never even thought about MAKING money off them - and only recently started worrying about not being able to unload the ones I can't use. 😮💨
great video thank you for the information
🎉
My 2 cents after having years of experience is that in general season tickets do not pay in the long run. Even in the best of locations there is simply to many stiff games that are dogs and they really cut into your profit.Being local is huge so that is why I try to stay within a couple hour drive to even consider them. In general group sales that you can pick your games are a much better buy even though you pay more your upside is greater. Take the Sabres I know of guys who are losing 50-80 per ticket per game over the past 8 years ...ouch..Over the years minor league sports had some value if you are in that local market. Junior A hockey has always been pretty good if you happen to be in that market.
Group tickets are huge, especially for baseball. Absolutely love it.
That’s a scary thought losing that much per ticket for numerous years…and I agree that season tickets are extremely cyclical. For every boom year, it’s so easy to sit on many down ones.
I track some of the junior hockey around here, there’s a few gems that come around every now and then but I haven’t put enough time into it to really be knowledgeable.
Great content. New season ticket holder to the Rams. I live 20 min from the stadium and so far my tickets have been selling with a profit.
Wahoo! Always exciting to hear 😁 plans to attend any games yourself this season?
@@thumbsuprun Yes! I was going to go to the cardinals game this Sunday but I woke up and they were sold lol I'll be going to the Seahawks game and maybe the lions
Hahah both a good and unfortunate feeling lol. Happened to me yesterday with the Toronto Blue Jays 🤣 should be some fun matchups for you ahead!
@@thumbsuprun lol right! Thanks, I look forward to the games I can make it to
What platforms are you using to sell your tickets 🎟
What do you think of Rams season tickets? Especially with the ssl's?
On my second year of Warriors season ticket holding, I’m local. Didn’t tell my husband. I’m a fan first so I go to as many games as I can but omg the $ I made off the playoffs was a nice perk! I only sold to people I knew at below cost of regular tickets too. Just curious how others set their prices to random people?
Loving your videos man! Was curious if you have any advice for reselling tickets in states where brokers licenses aren't required, where your business isn't based out of. Since I resell through marketplace facilitators I assume I would only need to pay taxes where I have an economic nexus or physical nexus, right? Would using a local's name and address in the state/ city of my season ticket accounts be considered physical nexus and would I have to pay sales tax on my revenue in that state? Have you ran into this issue when attempting to resell tickets in different states across the US? Thanks!
It’s a tricky one especially with each state slowly introducing new sales tax laws so it isn’t as clear as it should be. I’ll have to defer and say to speak with a CPA to go over the specifics because I would hate to say something that isn’t accurate, especially since it’s changing all the time now
@@thumbsuprun Absolutely. Appreciate the advice man! Yeah i've been looking into the changing laws myself its pretty confusing.
@@thumbsuprun totally understand. Appreciate the response and look forward to sharing some successes and parts of our process that works, will be in touch!
Looking at buying 2 Chicago Bulls season tickets. They’re number 1 in the NBA in attendance this year and as a local I see that trend continuing as they are finally back in playoff contention. It would be my first time owning season tickets so I would love any feedback you might have. As of now I have questions on how many tickets should I buy and is it worth paying extra for 100 or 200 level seats? 200 level comes with a parking pass, stadium club restaurant membership, in-seat food/beverage service, and opportunity to purchase seats for United Center events. Thanks
Exciting to hear!! First off, just remember that paying for 200 level seating like you said comes with added benefits, though you’re basically paying for all this additional service. Is this something you value or is it simply a fringe benefit? There’s certainly something to be said about gaining access to buy additional seats to United center events which is a great perk, but just need to weigh the price against that. If you’re simply looking for the best experience possible and being as close to the action as you can be, 100 levels may be the way to go. However, if having the additional service meets the needs you have then that could be a great option too. Price always has a factor, but you need to think between where you’ll find the most value in ownership of seats
Looking at Dallas Mavs lower level. Section 124 row O, for about $75 a seat. These seats are behind the hoop so I know that’s not ideal, but what do you think. I’m new to this, but obviously I want to atleast break even. Thanks!
Interesting info. Just bought season tickets to the Jaguars, but on visitor side. Am content to go to the games, but have noticed we get a ton of road team fans, so having tix on visitor side might work out for games like Cowboys and Giants. Thoughts on having home vs. visitor side tix?
There’s usually a bump to being near either the home or away sideline, though visitors side will very much depend on the opponent like you mentioned. Prices can vary widely depending on the opponent, but if the rivalries are big there’s definitely opportunity to cash in as well. Personally I’d expect the home side to do better on an overall basis, but you’ll certainly have a few games where the opposing team will command the higher resale opportunity depending on the team and your seating location
@@thumbsuprun Good stuff. Thank you!
What are your thoughts about Inter Miami CF mid field? 😅
Hey Bud,
I just split/season NHL Nashville Predators season tickets with someone I know. We are going to divide the 40 game season in half (each getting 20 games).
The tickets are in my opinion ideal. They are lower bowl dead center of the rink. Like if the NFL they’d be 50 yard line 20 rows up.
My 2 tickets for that half $5,400
I’m just hoping to break even and possibly go to a few games.
I’ve never bought any tickets like this.
Do you think I made a good decision?
Sounds like a reasonable amount of center lower bowl seats. I don’t think you’ll ever have a hard time getting stuck with them, the only question is around how much you will be able to sell them for. I think there’s definitely a lot of games where you’ll make a good return, but some may be break even or at a loss depending on the day and matchup. Overall I think you should be alright since Nashville does have a pretty good market and when they are winning the fans come in droves
What do you think about 49ers season tickets for 2023?
Was thinking buying 2season tix for new Az Coyotes new 5000 seat arena for $16k on visiting team shoot’s twice , we have Canadian visitors (snowbirds),was thinking I could make a profit on when the Canadian teams visit, what are your thoughts?
Me and a friend were thinking about pirates season tickets and selling the games we don't go to and figure we will probably lose a little bit of money but in end cheaper then buying tickets for almost every fri,sat, and Sunday games what do you think?
I am just looking to make MY game attendances free, including beverages and food. I figure if I go to 1/3 or less of the Raptors home games with a +1 , but purchase 4 season tickets, it would be relatively easy to break even every year. Or better yet, pull your principal out in say 2 or 3 years, and then every year after that each actual game attendance would be free. Any thoughts?
In theory yes - but if your account gets flagged as a broker account, you’ll be paying a minimum 25% surcharge every year so just keep that in mind
Miss your videos bro!
You’re not wrong!! More are coming, promise ❤️
How do you feel about Club seats in SOFI for the Chargers? I plan on going to two - three games then try to sell the rest. Doable?
It’s doable, but it depends on which club seats you’re locking up as price points are not equivalent. The schedule also has a big impact on whether you’ll break even or not
10:52 what other news networks like this do you use to keep up-to-date with sports?
New season ticket holder for NY Knicks with intent to attend and sell games I can't attend. It seems difficult to unload the seats even for face value. Am I doing something wrong. Seats are decent first row upper level corner with view of the whole court.
Unfortunately there are just some teams and games where even trying to sell tickets at or below face value can become very difficult. During periods where the team may not have a lot of hype surrounding them you can easily find yourself losing money, even with amazing seats. The best solution for that is to try and build up a client base yourself so that you can find those who are actually willing to go and spend money on seats. This will help insulate you against high online fees and losing out on several games a season
James Harden Just got traded to the sixers. Thinking about buying a package of tickets (5 or more). This would give me priority for next season. What do you think?
If it gets you playoff access this year that’s always a nice bonus. One player may not have the huge bump in resale prices that you may expect though so just keep that in mind
Me and my cousin both went in on gold box tickets for the whitesox 20 rows behind homeplate. He's got 75% stake in the investment but I do expect the Sox to make a post season run. The total per ticket for 81 games comes out to about 4800 or 60 dollars per game. Do you see any profitability within these tickets? And yes, we're from Chicago
I think between the home opener, Cubs games and the majority of your weekend games you may scrape by with a small loss, but playoffs should pay out decently if they make a deep run. At a $60 per game price point it isn’t too bad at all, your biggest expense (other than losing weekday games) are going to be resale fees. If you can work with your cousin to find local and/or offline buyers it’ll help tremendously. In general though, I think you’re likely going to run a small loss on the season (maybe small gain if you also add some additional home opener seats and other select games) just due to resale fees. Get your tickets listed early to start making some early Christmas ticket present sales!
@@thumbsuprun Thank you sir!
Would you recommend angels tickets since Ohtani just won mvp and we have trout and might be an actual playoff team this year
The angels have been perennial losers for a long time…if they ever did make the playoffs i could see tickets being quite pricy but the odds of them actually qualifying…not too good 😬 if you’re looking to buy them just because of the MVP season he had though I’d stay away. Nothing indicates they’ve turned the table or that their pricing will improve year over year
@@thumbsuprun for sure I understand I’m a die hard angels fan and I’m about an hour and a half away so I would go to most of the games I can’t sell
That’s a diff story 😁 message me on IG @thumbsuprun and we can see what kind of options may make sense for you
I'm thinking about buying 2 200 level blue jays seats behind behind home plate for this year, where they play the padres, braves, giants, and brewers, among other rivals and normal teams. Ideally being an online seller only, what do you think my chances are of turning a profit on these seats? thanks
Depends on the pricing you’re paying for the seats tbh. I think you have a decent chance of turning a profit on some games, just hard to say if overall you’ll be okay since there are a lot of weaker games in the schedule as well. Baseball is a tricky market just because of the schedule length
I very much am going to buy 2 season tickets for my local team the Boston Celtics! I have my eyes on first-row center court seats on the balcony. They are priced at just under 5k each.
My plan is to sell the most profitable tickets depending on the opposing team and day of the week in addition to catching a few cheaper games myself; strictly 1-3 games a month.
Do you think that this would be profitable enough for a college kid to be happy with the income?
Any suggestions or tweaks to my plan?
Please be honest you will not hurt my feelings!
I like the ambition! That comes out to around $120/ticket per game. Take a look at some of the mid week games that are on sale already and see how pricing looks. Is it possible to actually recover back a significant portion of your costs? The big marquee matchups will certainly cover a number of games for you, but I don’t know if you can rely on that to pay for everything of course. I think it’s going to be tight during the regular season, but if Boston qualifies for the playoffs then you should be able to do quite well in terms of making a profit. I just don’t like to recommend relying on an outcome you cannot control.
I like the price of the tickets, I would go into it expecting to potentially lose a bit especially if you’re attending some games, but if the playoffs come, you should be able to do quite well for yourself. I’d say chances are high you aren’t going to turn a profit in your first year unless they make a playoff run, but that location and price isn’t actually that bad at all.
For $10k spent, I think you’re going to have a blast with the experience, but hard to say if you’ll be turning a profit in that first season.
If you want to really go for it though, remember that you also get access to buy tickets during season seat holder presales and I’d load up on the KG Jersey retirement night. That’ll be a great chance to earn big profits
@@thumbsuprun I understand! So if I was to only resell tickets I would turn a small profit?
Although I would love the experience, my number one priority is to make money!
If you’re able to sell more of them locally instead of online, I think you might be able to make a small profit. Once you start selling online, you’re losing on a minimum 10-15% because of fees, so it’ll kill any reasonable ability to turn a profit. If they make the playoffs, I’d expect you to make a very good return at that point, but the playoffs aren’t guaranteed
I only netted about 15k last year. 4 tickets.
@@haroldtoad which team. profit ?
Can you explain how a season ticket deposit works? thanks!!
Good video idea! Simple answer is you put down money to secure a spot in line, and you’ll usually receive benefits for being a wait list member (presales, discounts, etc). Once your turn comes up, you’ll be able to select from the available options, and your deposit will be applied against the total cost of the new seats so you just pay the difference
I just got 2 tickets fir the Bluejays
I'm hoping they make the playoffs
Do you know which websites are the best on listing your tickets?
Nice choice!! I would recommend starting with listing on Stubhub for MLB tickets as they are barcode integrated, making things easier for you to be able to list and sell. You could also look to using Gametime or SeatGeek as well! Maybe I’ll see you at a game this year? ⚾️
I have the opportunity to purchase season tickets for the Cubs. I'm local but I can't say I have any experience regarding selling tickets so I'm not even sure how to utilize that to my advantage. I mostly just want to purchase them to retain the right to purchase in the future but I don't want to lose money either as I don't have much to leverage here anyway. I intend to watch more videos on the topic before I come to a decision but I'll likely buy 2 tickets of the cheaper end available.
I’ve also finely got to the front of the waiting list for the Cubs too! I’ve been trying to figure out where to purchase as well, not as easy as one would hope. There’s a lot of games you’ll find are losers, but you potentially can offset that from the bigger matchups (and playoffs if any).
DId you end up buying? I was just confirmed that I will have an opportunity to buy Cubs seasons tickets.
@@aaronching959 No, I didn't unfortunately. My financial situation is tight and I wasn't confident I could make the purchase.
I ended up purchasing last year, wasn’t a great choice but they are reducing season seat prices again this year so should help overall
I never been to a dodgers game but since 7 of us are going in one suv I just need to purchase one parking ticket right
Yep correct! One parking pass per vehicle, so if everyone is crammed in, only need 1 😎
Your thoughts on the Buccaneers? They require a 2 year season commitment, meaning one year likely without Brady, but this year seems good?
This year will be amazing and more than make up for a second season. I’d say go for it if you have the opportunity
Thanks. I enjoy your channel and have been learning a lot
Glad to hear it! Once I sit back down I’ll get some new content out 😁
This is my first year as a Kansas City Chiefs season ticket holder. I bought four seats on the lower level row 10 for about $14,000, I think I lowballed myself selling my preseason tickets, but I think I have a good chance at selling all the tickets I won’t go to. What are your projections on this year?
Preseason tickets are generally not the money makers anyway, so I try to get what I can and run lol. As for the season for KC, it’s a semi decent schedule so I would imagine you could make back a good portion on your seats in the regular season assuming you sell seats for those big matchups. Playoffs is where you’ll make a killing though 🙌🏽
@@thumbsuprun awesome thank you!!!
How are u selling them? I have rams tickets in the new stadium for the first time this year
@@lanedrew164 Rams tix are an interesting resell, despite their run. Seems like the local support is quite fickle. Much of the interest is generated by the visitors’ fans. Also, seems like many purchased tix (and the ridiculous SSLs) for the express purpose of reselling and are finding out that the market isn’t as lucrative as they’d hoped.
While I attend every home game, I noticed that the support wanes very quickly when the Rams lose. There were many empty seats in the Coliseum during the Jeff Fisher era.
how did ur reselling go?
New season ticket holder. I do plan on attending games but i would like to sell some of games. Would transferring tickets flag me as a broker by the MLSE? Is it best to sell hard copies? Thanks!
MLSE is more stringent than other groups with selling tickets as they will flag accounts as commercial resellers if they find you sell too many tickets. Moving hard stock tickets outside of the standard resale channels will certainly help you with avoiding this issue, and also by not transferring too many tickets out of your account will also help with the problem. General rule of thumb is to resell less than 50% of seats, though some teams can be more or less stringent (as low as 25% or sometimes higher than 70%)
Thank you very much for all the info, i have a question tho~ Without thinkiing on TicketMaster fees, let's say i buy a ticket for 100usd then i re sale it for 150usd and then the event gets cancelled and i have to refund those 150usd to the person i (or Ticketmaster) re saled the ticket, then i get my own refund for the ticket which should be 100usd, am i right? bc i would be losing 50usd then
So the higher i go to re sale a ticket is the higher my lost is gonna be if the event gets cancelled?
If you buy a ticket for $100USD and sell it for $150USD and the event gets cancelled, you’ll be required to pay back the $150 to the buyer if you were paid out, and then you’ll receive a refund from Ticketmaster for the $100 you paid. So in the end you’ll be at a net $0. Paid 100, sell for 150, refund 150 to customer, get refund back of 100 from Ticketmaster
@@thumbsuprun hahaha you're right i did the maths wrong 😂... btw now talking about Ticketmaster resaling fees/buying fees, do they refund those?
Lol it happens to the best of us 🤣 fees get refunded as well, sometimes they try to be sneaky and not refund the shipping fees (if any) but you are eligible for it all back
@@thumbsuprun Thank you SO much, you are such a life savior!!!! I'm sure the whole BTS fandom is watching your vids right now bc we all in panic 😂
Would you recommend trying to build a consumer base through social media platforms (Reddit/Twitter)?
It’s definitely a great way to start if you’re looking to get an idea of demand before an event even goes on sale so people come to you in advance. That way you can buy your tickets for your clients without having any major risk
My main question is how to not get identified as a broker by the franchise you bought season tickets for. I'd like to attend a good number of games so if I just make my money back I'm good with that. Any advice on how to do so without triggering the team you bought them from?
An excellent question! Most teams will lay out their policies surrounding what constitutes a broker or not. Most common is teams saying if you sell 50% or more of your tickets that they may consider your account a broker. So number 1, try to keep your resale number below this. If you are selling a majority of the tickets though, be sure to keep a good communication line open with your account manager and let them know how you’re using your tickets and they should be able to help you out with managing it. You want to really keep active with them so they know your true intentions of your seats. In addition, if you’re able to sell your tickets as mobile screenshots then it’s better too because those sales won’t trigger as resale sales. So if that’s a possibility definitely go for that too
@@thumbsuprun thank you so much!!! That is exactly the scenario I’m in 😁
Enjoy the seats and the profits!
Teams are in the business of collection money, not denying it. For a while ticket offices operated under the assumption that people selling will undercut the individual game price, and hurt them, but now teams just dump all their seats on the secondary markets and undercut their STH prices, who they market as having lowest cost. Knowing no one will call them out or being able to prove it. This question is a different ball game if team has massive waitlist.
Does transferring count as a resale?
Not sure if my posts are going through cuz I don’t see them on the page. What’s your thoughts on Dolphins season tickets this year ? (Sorry if this is a duplicate)
Not sure why my comments do that sometimes - it randomly deletes things for whatever reason (so no duplicates 😁)
I was talking to a friend about the Dolphins a couple of weeks ago. I was convinced they were a terrible team to hold just based on past years sales data, but I think there might be some demand this year due to their recent acquisitions. If they falter at all though I could see it being a very expensive season for season seat holders looking to flip their tickets…I’m personally not a fan of their tickets if you couldn’t tell 🤣 but I don’t mind being proven wrong
Thanks. Yea I’m not committed to it . I was just intrigued by some of the visiting teams (Steelers, Packers, Bills, Patriots). Im going to hold off. Thanks
Yeah it’s a decent schedule for sure, I think the official schedule release date is mid May as well so should be a good announcement date
Hi! It's my first time selling tix.
I already sold 2 and I associated the savings option. Automatically will receive the money in 7 days? Or I need to verify my account to ensure the money? What if I skip that? Thanks
You need to verify your bank account before they will deposit funds after your tickets are sold. Additionally, you’ll need to wait until after the event takes place before you will get paid for your ticket sale. Normally they will pay out between 5-10 days after the event takes place
@@thumbsuprun already read the FAQ but i still don't get it how to do that :/
For the bank verification, Ticketmaster will send you two small deposits 3-5 days after you begin the process. You’ll see them hit your bank account. You then need to go back to Ticketmaster in your account to verify you bank account by telling them what the two deposit amounts were. That way your bank account will get verified and you can get paid 😁 still confused?
@@thumbsuprun Alright so they hit me 2 deposits and I'll tell them the amounts.
If I sold the tix on Friday, the process will start next week (3 -5 days)
I think I got it thank you a lot bro!
Reach out with questions later on!
Do ADA seats sell the same as regular seats! They are very good seats view wise.
I do not purchase ADA seats as I do not feel comfortable selling them so I have no insights unfortunately on how they perform
I bought some tickets through ticket master and never received the confirmation email is that a problem ? Also I don’t see the barcode when I click my tickets will I have to wait for the event to start to see that ?
The confirmation email isn’t as big a deal so long as you have the tickets in your account. As for not seeing the barcode for the tickets - do you have a timer displaying that the barcodes will become available by a certain date? Or does it just show up as blank? And is there an option to add the tickets to your phone wallet/ability to transfer the tickets?
@@thumbsuprun no timer displaying it,just comes up as blank and there no option to add to my mobile wallet. The event starts October 3rd will I have to wait till then to see the barcode ?
@@thumbsuprun also the transfer and sell button isn’t letting me click it
Very strange. Normally the answer should be no. However, if for whatever reason the barcodes don’t show up, you can always go to the box office on the day of the show and they can re-issue you your tickets. If you log on from your computer and go to the event page, does it have a copy of your receipt there? If so, then the box office should be able to handle reissuing you your tickets on the day of the show. You could attempt to contact Ticketmaster but they have been extremely slow with responding to customer inquiries so it’ll take a long time before you hear back from them
@@thumbsuprun ok thanks for the help
How many Pirates games did you go to over the 7year period?
I go at least once a year, sometimes I’ll make several trips out that way if time allows for it in a season. Plus I love all swag I can bring back for family and friends 😁
For the most part if you're able to buy season tickets to a team you will lose money on them. If they are available the demand isn't there to resell at a profit. I don't care about the difference between single game prices and what you pay. You need to get your teeth kicked in for a year or two then hope some sort of catalyst occurs that will increase demand. Whether that's a big trade, a number one draft pick, or a big playoff run the generates a ton of hype. The team needs a season ticket waitlist for you to make any sort of cash. I would disagree with your comments on playoffs being the jackpot. Keep in mind the turnaround time for these games is so soon there are a lot of tickets that need to move within a few days. It's not uncommon to see a regular season matchup between two teams go for more than a playoff game just because the game has been sitting on the market for so long. Many playoff games go for below face value for this reason. Right now I feel Canucks and Senators seasons are fantastic investment, although you will lose short term.
Every team market and league will have their fair share of winners and losers both in the regular season and playoffs. Even with a quick turnaround time, playoffs can see outsized returns depending on the matchup and day of game, along with momentum going into the playoffs (first time qualifying in a long time, historical rivalry, game 7 etc). There are a bunch of loser playoff matchups though every year as would be expected, and you’re right that if tickets are easily available, there’s a reason for it.
Lots of great opportunities out there across the board, I’m hoping the Senators can eventually turn their luck around and be able to cash in on that once again. Their playoff runs historically are extremely profitable when they ever do qualify 😁
There are two tales here. Team is a great, but plays in crap market. In this case sure you can lose 50% on the season and make it back during playoffs cus u will get so many games. Other hand you have a terrible team in a great market. That will get swept in round one, but they have a big waitlist so need to make cash in regular season.
do you ever sell your tickets on stubhub?
Definitely! Sell there and across multiple other platforms as well. Looking to list on Stubhub?
You know anything about Arizona Cardinals playoff tickets and what they might resell for I just saw on seatgeek they have option to buy 1-24 tickets to divisional game from box office for face value like 107$ thought they would have sold out
Honestly depends on the matchup tbh and chance they may only play in the divisional instead of wildcard so people aren’t as committed one way or another. Could see a massive swing in both directions once matchups are confirmed
How do I make sure I am not caught by the team selling the season tickets ?
You need to be able to sell your tickets without using the team preferred resale platform, as well as keeping your ticket transfers to a minimum as well is the simple answer
@@thumbsuprun can I get you for a one on one lesson ?
Hit me up on IG
Buying 6 courtside tickets today
Living that baller life!
All that effort for a couple thousand dollars profit over 6 years. In addition, now the tax work required for selling more than $600 on secondary sites. Not worth owning season tickets if reselling.
It’s definitely an added layer that makes it all so interesting and confusing, but it certainly keeps things fun too. But it’s also now an added cost that needs to be factored in during the decision making process
17:06
9:00
Wow what a brutal business. $2000 over 6 years having to sell 80 games per season omg lol
😁
Just some constructive criticism- saw this video on a search and the first thing I noticed was 20 minutes.. it really shouldn’t take longer than 8-10 to explain and even that’s long. I could do it in 3-4. I think the worst part was I had to stop watching because it seems like you took a class ON HOW TO talk like…. THIS! I THINK THERES A….Better! Way! To! Do! This!…. Kind of eye rolling experience from me. But good on you for going for it. That’s just my 2c on why I stopped the video at 42 seconds.
Thank you 😁
He said “constructive criticism “ …and then was a douche 😂😂😂
Stock trader, now I wanna give this a shut. Thanks for the reality check
Capital allocation and risk management are key skills here for sure