Figured it out

A few years ago I was in Toronto and U2 was there. I thought I could get a ticket for 50-100$ if I waited till 4-6 songs into the show. Scalpers started at 500-1500 per ticket before the show started. By the time the concert was 6-7 songs away from being done they wouldnt take anything less than 475 for the ticket. I was buying tickets for a show yesterday and I figured out that scalpers most likely have insurance on their tickets so that if they do not sell them they get all their money back from Ticketmaster.
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