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Thread: Scalper heaven: already 2,000 Coachella tickets on StubHub (and counting)

  1. #1

    Default Scalper heaven: already 2,000 Coachella tickets on StubHub (and counting)

    What percentage of these initial ticket purchases can be attributed to scalpers?

  2. #2

    Default Re: Scalper heaven: already 2,000 Coachella tickets on StubHub (and counting)

    2000/2000 x 100= 100% of scalped tickets on stubhub are being scalped.

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    Default Re: Scalper heaven: already 2,000 Coachella tickets on StubHub (and counting)

    Quote Originally Posted by ameeps View Post
    2000/2000 x 100= 100% of scalped tickets on stubhub are being scalped.
    OH REALLY?
    The question I mean is of all the tickets sold to Coachella, around how many are purchased for scalping. Has nothing to do with StubHub figures necessarily.

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    Default Re: Scalper heaven: already 2,000 Coachella tickets on StubHub (and counting)

    I wouldn't worry about scalpers. They will only win if you let them. They're going to lose their asses.
    "Oh this uncertainty is taking me over"

  5. #5
    Coachella Junkie nathanfairchild's Avatar
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    Default Re: Scalper heaven: already 2,000 Coachella tickets on StubHub (and counting)

    just wait until april and you'll find tickets for face value.
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    Default Re: Scalper heaven: already 2,000 Coachella tickets on StubHub (and counting)

    Quote Originally Posted by shoegazer76 View Post
    I wouldn't worry about scalpers. They will only win if you let them. They're going to lose their asses.
    How?

    They are going for $600 apiece right now for Weekend 1.

    Even if they fail to profit, they can still sell their tickets at face easily between now and the event.
    Everybody Wang Chung tonight.

  7. #7

    Default Re: Scalper heaven: already 2,000 Coachella tickets on StubHub (and counting)

    Quote Originally Posted by ghettosteez View Post
    What percentage of these initial ticket purchases can be attributed to scalpers?
    i checked out stub hub today before on sale like at 9:30 am, there was 1,300 tickets avail. so i imagine thats the % of presale scalpers. Its doubled now and will prob level off at 2,500 tickets.

    i believe the lowest price was 460$ for a single day pass BEFORE the presale started.
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    Default Re: Scalper heaven: already 2,000 Coachella tickets on StubHub (and counting)

    Scalpers game is to make a profit. If they sell for face value they don't make shit and a portion goes to stubhub or ebay & paypal so they actually lose. Sure they recoup their money but they could've invested that money between now and whenever the tickets arrive on other events that would've made them a profit. Its all about market value. If you kids start shelling out $600 or whatever a pass then guess what? Thats what price they're going to stay at. Yesterday they were all over ebay & stubhub for $400 for weekend 1. Making $50-100 off a pass is not a big return on an investment of $350 in the scalper game. They'll reconsider tying up so much money come next year.
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    Pedley Rocks JustSteve's Avatar
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    Default Re: Scalper heaven: already 2,000 Coachella tickets on StubHub (and counting)

    2000 passes out of 180,000. They bought them all again!

  10. #10

    Default Re: Scalper heaven: already 2,000 Coachella tickets on StubHub (and counting)

    oh no! less than 2 percent of the tickets are being scalped. Those fucking scalpers made coachella sell out.

    edit: beat me to it^

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    Member Archie Bunker's Avatar
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    Default Re: Scalper heaven: already 2,000 Coachella tickets on StubHub (and counting)

    Quote Originally Posted by shoegazer76 View Post
    Scalpers game is to make a profit. If they sell for face value they don't make shit and a portion goes to stubhub or ebay & paypal so they actually lose. Sure they recoup their money but they could've invested that money between now and whenever the tickets arrive on other events that would've made them a profit. Its all about market value. If you kids start shelling out $600 or whatever a pass then guess what? Thats what price they're going to stay at. Yesterday they were all over ebay & stubhub for $400 for weekend 1. Making $50-100 off a pass is not a big return on an investment of $350 in the scalper game. They'll reconsider tying up so much money come next year.
    You are dreaming.

    Anyone can instantly sell a ton of passes right at this moment at $550 on Stubhub for Weekend 1.

    They will not be left with any inventory unless they are greedy or too stupid to know when to sell them at peak value.

    But keep telling yourself that the scalpers are suffering if it makes you sleep better at night.
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  12. #12

    Default Re: Scalper heaven: already 2,000 Coachella tickets on StubHub (and counting)

    Quote Originally Posted by JustSteve View Post
    2000 passes out of 180,000. They bought them all again!
    You're making the assumption that every scalper has already posted their ticket for sale (and solely on StubHub, for that matter), which absolutely can't be true.

    Edit: and to be clear, I'm not saying that scalpers are the reason Coachella sells out so quickly, which obviously isn't true either.

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    Default Re: Scalper heaven: already 2,000 Coachella tickets on StubHub (and counting)

    waaaaahhh
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    Member loopy's Avatar
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    Default Re: Scalper heaven: already 2,000 Coachella tickets on StubHub (and counting)

    Quote Originally Posted by StarsAreBurning View Post
    i checked out stub hub today before on sale like at 9:30 am, there was 1,300 tickets avail. so i imagine thats the % of presale scalpers. Its doubled now and will prob level off at 2,500 tickets.

    i believe the lowest price was 460$ for a single day pass BEFORE the presale started.
    Single day pass, eh? I'd be careful with that one.

  15. #15

    Default Re: Scalper heaven: already 2,000 Coachella tickets on StubHub (and counting)

    there is no way scalpers bought more than 5% of the tickets. max.

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    Default Re: Scalper heaven: already 2,000 Coachella tickets on StubHub (and counting)

    Quote Originally Posted by StarsAreBurning View Post
    i checked out stub hub today before on sale like at 9:30 am, there was 1,300 tickets avail. so i imagine thats the % of presale scalpers. Its doubled now and will prob level off at 2,500 tickets.

    i believe the lowest price was 460$ for a single day pass BEFORE the presale started.
    For a Single day pass?
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  17. #17

    Default Re: Scalper heaven: already 2,000 Coachella tickets on StubHub (and counting)

    sorry guys i meant for a single GA pass. D'OH
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  18. #18

    Default Re: Scalper heaven: already 2,000 Coachella tickets on StubHub (and counting)


  19. #19
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    Default Re: Scalper heaven: already 2,000 Coachella tickets on StubHub (and counting)

    Quote Originally Posted by Archie Bunker View Post
    You are dreaming.

    Anyone can instantly sell a ton of passes RIGHT AT THIS MOMENT at $550 on Stubhub for Weekend 1..
    Shell it out if you have to have one RIGHT NOW then.
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    Default Re: Scalper heaven: already 2,000 Coachella tickets on StubHub (and counting)

    $350 + 15% StubHub fee = $402.50. Right now the cheapest ticket on Stub Hub is $459. So, a $57 profit - about 15%. Not exactly scalper margins. Only with massive scale would this make any sense.
    Quote Originally Posted by hawkingvsreeve View Post
    Perhaps if you had spent more time planning your sets out and less time playing slutty Indian this wouldn't be so difficult for you.

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    Default Re: Scalper heaven: already 2,000 Coachella tickets on StubHub (and counting)

    Quote Originally Posted by ghettosteez View Post
    You're making the assumption that every scalper has already posted their ticket for sale (and solely on StubHub, for that matter), which absolutely can't be true.
    The days after the post lineup onsale is when scalper prices are highest. It won't be higher than it is today or tomorrow unless some GV announced a notable surprise act in April.

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    Member AbundantChoice's Avatar
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    Default Re: Scalper heaven: already 2,000 Coachella tickets on StubHub (and counting)

    Yeah, the prices will fall to reasonable levels very quickly. You could get tix at face value for weekend 1 in the week leading up to it last year, and tix for below face value for weekend 2 in the week leading up to it.

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    ankle biter guedita's Avatar
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    Default Re: Scalper heaven: already 2,000 Coachella tickets on StubHub (and counting)

    Quote Originally Posted by shoegazer76 View Post
    Scalpers game is to make a profit. If they sell for face value they don't make shit and a portion goes to stubhub or ebay & paypal so they actually lose. Sure they recoup their money but they could've invested that money between now and whenever the tickets arrive on other events that would've made them a profit. Its all about market value. If you kids start shelling out $600 or whatever a pass then guess what? Thats what price they're going to stay at. Yesterday they were all over ebay & stubhub for $400 for weekend 1. Making $50-100 off a pass is not a big return on an investment of $350 in the scalper game. They'll reconsider tying up so much money come next year.
    You consider yourself a "helpful" person, don't you?

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    Member wstsidela's Avatar
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    Default Re: Scalper heaven: already 2,000 Coachella tickets on StubHub (and counting)

    Wait til Daft Punk drops on Saturday
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    Member Godspeed's Avatar
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    Default Re: Scalper heaven: already 2,000 Coachella tickets on StubHub (and counting)

    Quote Originally Posted by nathanfairchild View Post
    just wait until april and you'll find tickets for face value.
    This is credited.

  26. #26

    Default Re: Scalper heaven: already 2,000 Coachella tickets on StubHub (and counting)

    Quote Originally Posted by KickerConspiracy View Post
    $350 + 15% StubHub fee = $402.50. Right now the cheapest ticket on Stub Hub is $459. So, a $57 profit - about 15%. Not exactly scalper margins. Only with massive scale would this make any sense.
    I think a fair number of ticket sellers are low volume, casual scalpers that are selling an extra few tickets to just make enough money to pay for their own. It's not that difficult. GV isn't strict at all about allowing more than 2 tickets per person.

  27. #27

    Default Re: Scalper heaven: already 2,000 Coachella tickets on StubHub (and counting)

    Quote Originally Posted by mrhand View Post
    I think a fair number of ticket sellers are low volume, casual scalpers that are selling an extra few tickets to just make enough money to pay for their own. It's not that difficult. GV isn't strict at all about allowing more than 2 tickets per person.
    all the people who bought pre-sale looking for cheesedick djs again.

  28. #28

    Default Re: Scalper heaven: already 2,000 Coachella tickets on StubHub (and counting)

    Has anyone ever bought a ticket so late? Im down to wait till those prices drop but will the process be sticky to say the least? Does anyone have any experience with that???

  29. #29

    Default Re: Scalper heaven: already 2,000 Coachella tickets on StubHub (and counting)

    Quote Originally Posted by amerado View Post
    Has anyone ever bought a ticket so late? Im down to wait till those prices drop but will the process be sticky to say the least? Does anyone have any experience with that???
    If you are looking for week 2, I bought last year like 1-2 weeks before for under face value off ebay.

  30. #30

    Default Re: Scalper heaven: already 2,000 Coachella tickets on StubHub (and counting)

    Yes, week two would be ideal for me. Thats the plan I had in mind. It does seem a bit scary waiting so long what if you dont get the bracelet in time (yikes)

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