Re: "I won the FF Lottery" 2012 Edition
I think that three factors are at work:
1.) The disaster at FF, where the cheap discounted seats were much better than the riser seats and undercut the resale market for those who paid full price up front for tickets
2.) I think that they have found (or exceeded) the cap of ticket prices that they can charge to ensure that the lottery gets all the public tickets get sold. If you cant sell out in a traditional market like St. Paul, what chance do non-traditional markets have? Ideally, the tickets would be priced so that the number of lottery entries equals the number of seats available.
3.) the overall decline in the economy has caused people to re-evaluate if purchasing tickets 6+ months before an event is a good idea. Particularly since tickets are almost always available on the secondary market around face value.
Originally posted by Sean Pickett
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1.) The disaster at FF, where the cheap discounted seats were much better than the riser seats and undercut the resale market for those who paid full price up front for tickets
2.) I think that they have found (or exceeded) the cap of ticket prices that they can charge to ensure that the lottery gets all the public tickets get sold. If you cant sell out in a traditional market like St. Paul, what chance do non-traditional markets have? Ideally, the tickets would be priced so that the number of lottery entries equals the number of seats available.
3.) the overall decline in the economy has caused people to re-evaluate if purchasing tickets 6+ months before an event is a good idea. Particularly since tickets are almost always available on the secondary market around face value.
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