Comment by mike-cardwell

3 days ago

In the UK they're making it illegal to resell tickets for more than the original cost. That should deal with the majority of the problem.

Scalpers will just do two transactions, one high one for the privilege of being able to buy the ticket, and then the sale at the listed limit.

No, the real solution is to make tickets strictly id-bound and non-transferable in any way.

  • > Scalpers will just do two transactions, one high one for the privilege of being able to buy the ticket, and then the sale at the listed limit.

    I don’t understand this. If you can’t resell for higher than ticket price, how do they make any profit? Are you saying they’d sell the cheaper ticket for the more expensive ticket’s price? Wouldn’t price stick to the ticket, since presumably different price tiers afford different location/etc?

    • First transaction would be outside the channel. e.g., scalper may require high-value Venmo or Zelle transaction, then enter buyer ID / name on ticket website at listed limit.

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  • This reads like you just made up a workaround without reading the proposed law or without looking at the reality of the situation in other countries that it has been implemented. Your suggested workaround doesn't work.