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Ticketmaster ticket dumping undercutting fan 2 fan resale prices

LWiczulisLWiczulis Posts: 5
edited September 11 in Given To Fly (live)
I have a hard time believing that the band would or does approve of the holding back and then dumping tickets, as is happening at the Baltimore show. It's sickening how they (Ticketmaster) have manipulated the market by holding back so many tickets and then dumping them at MUCH lower prices than those listed as fan 2 fan face value resales. Ticketmaster created a false sense of scarcity by holding back two thousand tickets and pricing tickets that were not fan club tickets in the $600 to $800 range. Now, they are dumping tickets for as low as $249 back into the system that are, in some cases, in the same row as fans and 2 fan seats that are listed at over $800. Of course, the fan 2 fan sellers have no option to lower their selling price (willingly losing money) to get rid of their tickets. They have to offer their tickets at the price that they purchased them. No higher, no lower. Sometimes, things happen in life that cause changes in plans, and now many are stuck with tickets they can't get rid of at any price.

Ticketmaster deliberately distorted the market by holding back tickets, projecting the image that the show was selling out, marking up ticket prices to capitalize on fans' fear of missing the show, then dumping a ton of tickets back into the market, undercutting fans who purchased tickets at the inflated false market price that they intentionally created. AND THEY GET AWAY WITH IT ONCE AGAIN! 

Fan 2 fan ticket system was created to get tickets into REAL HUMAN fans' hands and keep greedy scalpers from manipulating the market and taking advantage of the fans. Well, it sure as hell didn't go far enough because no individual or group of thieving scalpers could ever compare to the thievery that's at the heart of the TicketMonster algorithm.  
Post edited by LWiczulis on
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Comments

  • RatherStarvedRatherStarved Posts: 4,999
    Not justifying anything about TM’s conduct but this has been their playbook since 2022 and it’s fairly predictable now.  
    PJ: 2013: London (ON); Buffalo; 2014: Cincinnati; 2016: Sunrise, Miami, Toronto 1-2, Wrigley 2; 2018: London (UK) 1, Milan, Padova, Sea 2, Wrigley 1-2, Fenway 1-2; 2021: SHN, Ohana, Ohana Encore 1-2; 2022: LA 1-2, Phx, Oak 1-2, Fresno, Copenhagen, Hyde Park 1-2; Quebec, Ottawa, Hamilton, Toronto; MSG, Camden, Nashville, Louisville, St. Louis, OKC; 2023: St. Paul 1-2, Chicago 1-2; Fort Worth 2; Austin 1-2; 2024:  Vancouver 1-2, LV 1-2, LA 1-2, Napa, Barcelona 1-2
     
    EV Solo: 2017 Louisville and Franklin, 2018 Ohana, 2019 Innings Fest, Berlin, Düsseldorf, Dublin and Ohana; 2021 Ohana Friday (from beach) and Saturday; 2022 Earthlings Newark; 2023 Innings Fest and Benoraya 1-2.

    Gutted:  London 2 2018, Sacramento 2022, Noblesville 2023
  • BrewerDaveBrewerDave Posts: 94
    Never buy the Premium priced tickets there’s always last minute tickets if you’re diligent. 
  • ZodZod Posts: 10,569
    Platinum has been a thing for years now.  Rule #1, don't buy platinum tickets unless your 100% positive you are actually going to use them. It's the same as the scalper days. If you're going to pay a mint to buy a 2nd hand pair of tickets, you might not be able to sell them at the same price, because you paid way too much for them.

    I doubt I would ever buy a platinum ticket.   Maybe if it was an emergency or only slightly above face value.  The whole thing with tickets now, is if you don't get good ones for face value at the beginning, just hold out.  It all blows up before the show, and most shows have lots of tickets for good price leading up to the show.

    I do sympathize that if people don't go to many concerts, they may not be familiar with how this all works now.   It really shouldn't be the complicated.  When unsure, stick to rule #1.  Never buy platinum.
  • TranscendentalTranscendental Posts: 160
    My experience with my Baltimore 10C ticket: I paid $345 via the lottery.  When I had to sell it yesterday, Ticketmaster said that I could sell for the price I paid, including all taxes and fees, but would only allow it to be listed at $201.  I could not change the listing price that Ticketmaster set, and I could not transfer the ticket.  

    So, Ticketmaster kept $144 from my purchase and will charge the buyer additional taxes and fees.  I know that listing via Ticketmaster was my only option, and I'm glad that someone got a deal on a good seat, but I'm still bothered by the variance between bought and sold prices.

    The ticket sold within 30 minutes.
  • spankyMPspankyMP Posts: 1,837
    Grade A fuckery
    Randall's Island 9/29/96, Continental Arena 9/8/98, MSG 9/10/98, Jones Beach 8/23/00, 8/24/00, 8/25/00, Nassau Coliseum 4/30/03, MSG 7/8/03, 7/9/03, Continental Arena 6/1/06, 6/3/06, MSG 6/24/08, 6/25/08, Spectrum 10/30/09, 10/31/09, MSG 5/20/10, 5/21/10, PJ20 9/3/11, 9/4/11, Charlottesville 10/29/13, Charlotte 10/30/13, Global Citizen 9/26/15, Raleigh 4/20/16 :( Baltimore 3/28/20 :( Austin 9/18/23, 9/19/23, Forum 5/21/24, Baltimore 9/12/24, Fenway 9/17/24
  • battle1battle1 Posts: 156
    Transcendental said:
    My experience with my Baltimore 10C ticket: I paid $345 via the lottery.  When I had to sell it yesterday, Ticketmaster said that I could sell for the price I paid, including all taxes and fees, but would only allow it to be listed at $201.  I could not change the listing price that Ticketmaster set, and I could not transfer the ticket.  

    So, Ticketmaster kept $144 from my purchase and will charge the buyer additional taxes and fees.  I know that listing via Ticketmaster was my only option, and I'm glad that someone got a deal on a good seat, but I'm still bothered by the variance between bought and sold prices.

    The ticket sold within 30 minutes.
    You should not have been charged 345$ for a 10club ticket.  They were 190$ each. 
  • spankyMPspankyMP Posts: 1,837
    battle1 said:
    Transcendental said:
    My experience with my Baltimore 10C ticket: I paid $345 via the lottery.  When I had to sell it yesterday, Ticketmaster said that I could sell for the price I paid, including all taxes and fees, but would only allow it to be listed at $201.  I could not change the listing price that Ticketmaster set, and I could not transfer the ticket.  

    So, Ticketmaster kept $144 from my purchase and will charge the buyer additional taxes and fees.  I know that listing via Ticketmaster was my only option, and I'm glad that someone got a deal on a good seat, but I'm still bothered by the variance between bought and sold prices.

    The ticket sold within 30 minutes.
    You should not have been charged 345$ for a 10club ticket.  They were 190$ each. 
    Some were $201
    Randall's Island 9/29/96, Continental Arena 9/8/98, MSG 9/10/98, Jones Beach 8/23/00, 8/24/00, 8/25/00, Nassau Coliseum 4/30/03, MSG 7/8/03, 7/9/03, Continental Arena 6/1/06, 6/3/06, MSG 6/24/08, 6/25/08, Spectrum 10/30/09, 10/31/09, MSG 5/20/10, 5/21/10, PJ20 9/3/11, 9/4/11, Charlottesville 10/29/13, Charlotte 10/30/13, Global Citizen 9/26/15, Raleigh 4/20/16 :( Baltimore 3/28/20 :( Austin 9/18/23, 9/19/23, Forum 5/21/24, Baltimore 9/12/24, Fenway 9/17/24
  • battle1battle1 Posts: 156
    spankyMP said:
    battle1 said:
    Transcendental said:
    My experience with my Baltimore 10C ticket: I paid $345 via the lottery.  When I had to sell it yesterday, Ticketmaster said that I could sell for the price I paid, including all taxes and fees, but would only allow it to be listed at $201.  I could not change the listing price that Ticketmaster set, and I could not transfer the ticket.  

    So, Ticketmaster kept $144 from my purchase and will charge the buyer additional taxes and fees.  I know that listing via Ticketmaster was my only option, and I'm glad that someone got a deal on a good seat, but I'm still bothered by the variance between bought and sold prices.

    The ticket sold within 30 minutes.
    You should not have been charged 345$ for a 10club ticket.  They were 190$ each. 
    Some were $201
    None were $345
  • Sprunkn7Sprunkn7 Posts: 5,286
    I have been skunked on 10 C tickets since forever.  I'm used to the game, which is just sad. I waited, and got a pair of tickets section 121 Row J for 623 including fees and taxes. I'm excited to see them in a new venue (for me) and get out of town for a long weekend. TM just sucks.
    Thank you fellow 10 clubber for saving my ass....again!!!
  • aweisman10aweisman10 Posts: 161
    Ticket releases the week before a show is something that has been done for YEARS!! it happens for nearly single Pearl Jam show and every Springsteen show, which is why I never get tickets until the week of or even day before, and always for face value and great seats! 

    Don’t post a comment complaining about it just because you didn’t  know it happens, but this is common practice. 
  • kosteva2kosteva2 Posts: 326
    aweisman10 said:
    Ticket releases the week before a show is something that has been done for YEARS!! it happens for nearly single Pearl Jam show and every Springsteen show, which is why I never get tickets until the week of or even day before, and always for face value and great seats! 

    Don’t post a comment complaining about it just because you didn’t  know it happens, but this is common practice. 
    Yep.  Picked up some Camden '98 reserved/pavilion seats at the box office day of show back then.
    TFC '97, TFC '98, Pittsburgh '98, Camden I,II '98, Camden I,II '00, Pittsburgh '00, Philly '03, Camden I,II '03, MSG I,II '03, Hershey '03, Reading '04, Philly '05, Camden I,II '06, Meadowlands I '06, Camden I,II '08, DC '08, Spectrum I,II,III,IV '09, Made in America '12, Philly I,II '13, GCF '15, Philly I,II '16, MSG I '16, Apollo ‘22, MSG ‘22, Camden ‘22, MSG I,II '24, Philly I,II '24
  • Sprunkn7Sprunkn7 Posts: 5,286
    aweisman10 said:
    Ticket releases the week before a show is something that has been done for YEARS!! it happens for nearly single Pearl Jam show and every Springsteen show, which is why I never get tickets until the week of or even day before, and always for face value and great seats! 

    Don’t post a comment complaining about it just because you didn’t  know it happens, but this is common practice. 
    OP has a point tho.  And it's good to get the frustrations out!!! 
    Thank you fellow 10 clubber for saving my ass....again!!!
  • TranscendentalTranscendental Posts: 160
    battle1 said:
    spankyMP said:
    battle1 said:
    Transcendental said:
    My experience with my Baltimore 10C ticket: I paid $345 via the lottery.  When I had to sell it yesterday, Ticketmaster said that I could sell for the price I paid, including all taxes and fees, but would only allow it to be listed at $201.  I could not change the listing price that Ticketmaster set, and I could not transfer the ticket.  

    So, Ticketmaster kept $144 from my purchase and will charge the buyer additional taxes and fees.  I know that listing via Ticketmaster was my only option, and I'm glad that someone got a deal on a good seat, but I'm still bothered by the variance between bought and sold prices.

    The ticket sold within 30 minutes.
    You should not have been charged 345$ for a 10club ticket.  They were 190$ each. 
    Some were $201
    None were $345
    I paid $345 after taxes and fees.  The ticket itself cost $245, with $100 in taxes and fees.  It was a 10 Club ticket - Section 120, Row K.
  • spankyMPspankyMP Posts: 1,837
    battle1 said:
    spankyMP said:
    battle1 said:
    Transcendental said:
    My experience with my Baltimore 10C ticket: I paid $345 via the lottery.  When I had to sell it yesterday, Ticketmaster said that I could sell for the price I paid, including all taxes and fees, but would only allow it to be listed at $201.  I could not change the listing price that Ticketmaster set, and I could not transfer the ticket.  

    So, Ticketmaster kept $144 from my purchase and will charge the buyer additional taxes and fees.  I know that listing via Ticketmaster was my only option, and I'm glad that someone got a deal on a good seat, but I'm still bothered by the variance between bought and sold prices.

    The ticket sold within 30 minutes.
    You should not have been charged 345$ for a 10club ticket.  They were 190$ each. 
    Some were $201
    None were $345
    I know, just adding that some were $201
    Randall's Island 9/29/96, Continental Arena 9/8/98, MSG 9/10/98, Jones Beach 8/23/00, 8/24/00, 8/25/00, Nassau Coliseum 4/30/03, MSG 7/8/03, 7/9/03, Continental Arena 6/1/06, 6/3/06, MSG 6/24/08, 6/25/08, Spectrum 10/30/09, 10/31/09, MSG 5/20/10, 5/21/10, PJ20 9/3/11, 9/4/11, Charlottesville 10/29/13, Charlotte 10/30/13, Global Citizen 9/26/15, Raleigh 4/20/16 :( Baltimore 3/28/20 :( Austin 9/18/23, 9/19/23, Forum 5/21/24, Baltimore 9/12/24, Fenway 9/17/24
  • spankyMPspankyMP Posts: 1,837
    edited September 11
    Transcendental said:
    battle1 said:
    spankyMP said:
    battle1 said:
    Transcendental said:
    My experience with my Baltimore 10C ticket: I paid $345 via the lottery.  When I had to sell it yesterday, Ticketmaster said that I could sell for the price I paid, including all taxes and fees, but would only allow it to be listed at $201.  I could not change the listing price that Ticketmaster set, and I could not transfer the ticket.  

    So, Ticketmaster kept $144 from my purchase and will charge the buyer additional taxes and fees.  I know that listing via Ticketmaster was my only option, and I'm glad that someone got a deal on a good seat, but I'm still bothered by the variance between bought and sold prices.

    The ticket sold within 30 minutes.
    You should not have been charged 345$ for a 10club ticket.  They were 190$ each. 
    Some were $201
    None were $345
    I paid $345 after taxes and fees.  The ticket itself cost $245, with $100 in taxes and fees.  It was a 10 Club ticket - Section 120, Row K.
    @Transcendental In the ticketmaster app, does it say TTFC, PJ Premium, or Fan to Fan Ticket at the top?

    I had TTFC in 120 row H for $201, but row E is $800+, row L is $780+ and row N is $500. Those are not fan club.
    Post edited by spankyMP on
    Randall's Island 9/29/96, Continental Arena 9/8/98, MSG 9/10/98, Jones Beach 8/23/00, 8/24/00, 8/25/00, Nassau Coliseum 4/30/03, MSG 7/8/03, 7/9/03, Continental Arena 6/1/06, 6/3/06, MSG 6/24/08, 6/25/08, Spectrum 10/30/09, 10/31/09, MSG 5/20/10, 5/21/10, PJ20 9/3/11, 9/4/11, Charlottesville 10/29/13, Charlotte 10/30/13, Global Citizen 9/26/15, Raleigh 4/20/16 :( Baltimore 3/28/20 :( Austin 9/18/23, 9/19/23, Forum 5/21/24, Baltimore 9/12/24, Fenway 9/17/24
  • TranscendentalTranscendental Posts: 160
    TTFC1 on top

    In the ticket information, it did say Premium, but I won it in the 10C lottery.
  • battle1battle1 Posts: 156
    Transcendental said:
    TTFC1 on top

    In the ticket information, it did say Premium, but I won it in the 10C lottery.
    Then you got ripped off.  I'd be emailing 10club.  You shouldnt have paid 345 for a single 10club ticket.
  • spankyMPspankyMP Posts: 1,837
    battle1 said:
    Transcendental said:
    TTFC1 on top

    In the ticket information, it did say Premium, but I won it in the 10C lottery.
    Then you got ripped off.  I'd be emailing 10club.  You shouldnt have paid 345 for a single 10club ticket.
    This
    Randall's Island 9/29/96, Continental Arena 9/8/98, MSG 9/10/98, Jones Beach 8/23/00, 8/24/00, 8/25/00, Nassau Coliseum 4/30/03, MSG 7/8/03, 7/9/03, Continental Arena 6/1/06, 6/3/06, MSG 6/24/08, 6/25/08, Spectrum 10/30/09, 10/31/09, MSG 5/20/10, 5/21/10, PJ20 9/3/11, 9/4/11, Charlottesville 10/29/13, Charlotte 10/30/13, Global Citizen 9/26/15, Raleigh 4/20/16 :( Baltimore 3/28/20 :( Austin 9/18/23, 9/19/23, Forum 5/21/24, Baltimore 9/12/24, Fenway 9/17/24
  • parintachin73parintachin73 Posts: 741
    The things I’ve learned in the last however many years, NEVER buy Premium tickets, there are always tickets available for face or less especially as the concert date approaches. And #2, don’t buy tickets to shows unless you’re 100% planning on going. If you need to sell your tix, the system is stacked against you and you’ll likely take a loss
  • SHZASHZA Posts: 3,933
    Pays to wait!!
  • Merkin BallerMerkin Baller Posts: 11,414
    battle1 said:
    Transcendental said:
    TTFC1 on top

    In the ticket information, it did say Premium, but I won it in the 10C lottery.
    Then you got ripped off.  I'd be emailing 10club.  You shouldnt have paid 345 for a single 10club ticket.
    Agreed... something's wrong here. 
  • Go AnimalGo Animal Posts: 5,669
    Friends don't let friends buy Premium/Platinum
    PJ - 09/23/98: West Palm Beach II, 08/12/00: Tampa, 04/12/03: Orlando, 04/13/03: Tampa, 06/12/08: Tampa, 06/27/08: Hartford, 09/22/09: Seattle II, 04/11/16: Tampa, 05/01 & 05/02/16: MSG I & II, 09/18/21: Sea Hear Now, 10/01 & 10/02/21: Ohana Encore I & II, 05/06 & 05/07/22: Los Angeles I & II, 09/11/22: MSG, 09/16/22: Nashville, 09/02/23: St. Paul II, 09/07/23: Chicago II, 09/18 & 09/19/23: Austin I & II, 05/16 & 05/18/24: Las Vegas I & II, 08/29 & 08/31/24: Wrigley Field I & II, 09/03 & 09/04/24: MSG I & II, 09/27 & 09/29/24: Ohana Festival I & II

    EV - 08/04 & 08/05/08: (Eddie solo, w/Liam Finn) NYC I & II, 11/27 & 11/28/12: (Eddie solo, w/Glen Hansard) Orlando I & II, 02/09 & 02/10/22: (Eddie & the Earthlings) Chicago I & II, 09/30/23: (Eddie & the Earthlings) Ohana Festival

    Song Wishlist: Oceans, Brother, Alone, Let Me Sleep, full W.M.A., Hold On, Bugs/all of Vitalogy, Gremmie Out Of Control (BAM!), Mankind, Around The Bend (full band), Whale Song (DOUBLE BAM!), The Long Road, Don't Gimme No Lip, Pilate, Push Me Pull Me, All Those Yesterdays, Rival, Parting Ways, Ghost, Bu$hleaguer, WWS, Parachutes, Army Reserve, low octave Driftin', Strangest Tribe, Other Side, Undone, Fatal, Hitchhiker, Education, Black Red Yellow, Of the Earth, Love Reign O'er Me, Gonna See My Friend, Amongst the Waves, Santa Cruz, Infallible, Yellow Moon, Alright, Comes Then Goes, Got to Give, and the Mamasan Trilogy.

    Wanted Posters: WPB '98, Tampa/WPB '00, Tampa '03, EV Batmobile '08        ISO: any picks, or setlists from any of my shows!
  • mattl8787mattl8787 Posts: 98
    SHZA said:
    Pays to wait!!
    Truer words have never been spoken.
  • JimmyVJimmyV Posts: 19,163
    Verified Fan and the 10c lottery are always two different things. My guess is you bought that ticket through the VF sale. 
    ___________________________________________

    "...I changed by not changing at all..."
  • MJ178168MJ178168 Posts: 165
    JimmyV said:
    Verified Fan and the 10c lottery are always two different things. My guess is you bought that ticket through the VF sale. 
    That is my thought as well
  • patkelly12patkelly12 Posts: 361
    JimmyV said:
    Verified Fan and the 10c lottery are always two different things. My guess is you bought that ticket through the VF sale. 
    Probably this and to add to the confusion the platinum tix are called PJ Premium. That could lead some to believe they are 10c. bad marketing 
  • pjl44pjl44 Posts: 9,431
    Regardless of the branding I'd think you'd be able to at least list for whatever you initially paid through TM. VF, PJ Platinum, Premium, whatever. Whether they brutally undercut you with their own held back supply aside.
  • TranscendentalTranscendental Posts: 160
    Thanks, everyone - I appreciate your insights.

    I did win it through the 10C lottery.  I wasn't even invited to the Verified Fan sales.  And I did pay premium for MSG, but rationalized that it was for my peace of mind.  Like you all said, people around me paid face on the day of the show.  My preference will always be 10C seats.
  • Lerxst1992Lerxst1992 Posts: 6,611
    parintachin73 said:
    The things I’ve learned in the last however many years, NEVER buy Premium tickets, there are always tickets available for face or less especially as the concert date approaches. And #2, don’t buy tickets to shows unless you’re 100% planning on going. If you need to sell your tix, the system is stacked against you and you’ll likely take a loss

    For us in NY we need an asterisk on “always available for face” part. Although there was a nice selection face value added 5pm on N1 along the screen, that was a fluke due to having screens this tour and last minute production adjustments that lead to available seats. Had it been standard PJ seating, there would have been nothing at face value unless F5ing.

    Yes I know some of us are on TM constantly finding tickets and that’s great, but F5ing is not realistic for many fans. At 1pm Sept 3rd, there were very slim pickings under $500 on TM for NY.
  • joeposhjoeposh Posts: 19
    I'm annoyed because I got 10C tickets during the lottery and now can't exchange/upgrade as much better seats drop because my original tickets weren't purchased directly with TM. No way am I going to take a chance on buying another pair and trying to resale with this much inventory being dropped 24 hours out.

    I understand production tickets and opening up more space once you've set up things up and realize the sight lines, but it is still pretty lame that members of the fan club have less flexibility than someone who got tickets through the general on-sale. I'll get over it of course, and luckily am able to attend and use all my tickets, but I've learned to just wait in the future.
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