Comment It's worse than you think... (Score 5, Insightful) 317
These so called ticket brokers are actually worse than most people think. I actually had a long conversation with one of these scums. First of all, these guys don't operate small. He claimed that his operation spent over a million dollar a year just on Google AdWords advertisement campaign. That tells you the scale of his operation. He uses a network of machines with bot software to buy up as much tickets as he possibly can for sports events and concerts. The markup on those tickets are astronomical. He deals mostly with movie and sports star agents mostly to unload these tickets at shockingly high prices but those agents don't care because they are out to make their clients happy at all cost. What's sad is how he sometimes end up with bunch of unsold tickets. This creates artificial demand thus increases ticket price for everyone as well as depriving fans who want to go see these events. Whenever you see bunch of empty seats in a sold out baseball game, it's not because the fan had a change of plans or got sick. It's because these scummy ticket brokers couldn't unload them for huge profit. One of the reason why ticketmaster won't do anything about the situation is because these brokers ensure that events are sold out which works out in their favor. They don't care about actual fans getting hold of the tickets. They simply want the tickets sold.