News for hackers. Stuff that matters.
Re:A scalper who used bots to buy millions of tickets, now w... by knz on Tuesday February 14, 2017 @10:14AM (#13643971)
There is a middle ground of letting legitimate buyers purchase tickets and then selling them on the secondary market if they are unable to attend.

Automated bots/teams of people buying many tickets purely for the sake of profit doesn't benefit anyone other than the scalpers.

Re:A scalper who used bots to buy millions of tickets, now w... by rubber_duck on Tuesday February 14, 2017 @10:16AM (#13643997)
>Automated bots/teams of people buying many tickets purely for the sake of profit doesn't benefit anyone other than the scalpers.

He just told you - it benefits people who want to pay more but would otherwise have to rely on luck to buy the tickets - this is the entire reason the system works.

Re:A scalper who used bots to buy millions of tickets, now w... by SippinLean on Tuesday February 14, 2017 @10:48AM (#13644327)
It makes it nearly impossible for anything that isn't a machine to acquire retail tickets. When 496/500 GA tickets go to a bot, the scarcity and price are artificially inflated.
Re:A scalper who used bots to buy millions of tickets, now w... by gpawl on Tuesday February 14, 2017 @04:09PM (#13647213)
It's not "artificial" any more than the retail price was artifically low. It's a ticket, any price is artificial.
Re:A scalper who used bots to buy millions of tickets, now w... by darpa_escapee on Tuesday February 14, 2017 @10:53AM (#13644367)
> it benefits people who want to pay more but would otherwise have to rely on luck to buy the tickets

Where I come from we call these "better seats" or "VIP passes" and they are sold directly through a venue. Not through middlemen that only add value through the scarcity they create.

Re:A scalper who used bots to buy millions of tickets, now w... by rhino369 on Tuesday February 14, 2017 @10:28AM (#13644108)
The people running the show could just sell the tickets using an auction mechanism. It doesn't make sense to let a middle man take a huge cut.

Well it probably does make sense for PR reasons. Nobody wants to be the band/team/event gouging their fans.

Re:A scalper who used bots to buy millions of tickets, now w... by rubber_duck on Tuesday February 14, 2017 @10:35AM (#13644189)
>Well it probably does make sense for PR reasons. Nobody wants to be the band/team/event gouging their fans.

Yes and this is why they exist :)

Re:A scalper who used bots to buy millions of tickets, now w... by knz on Tuesday February 14, 2017 @10:29AM (#13644128)
> There is a middle ground of letting legitimate buyers purchase tickets and then selling them on the secondary market if they are unable to attend.

And nothing stops those people from buying a ticket from someone who is no longer able to attend on StubHub. Bands aren't putting on a show so that their wealthiest fans can attend.

Re:A scalper who used bots to buy millions of tickets, now w... by rubber_duck on Tuesday February 14, 2017 @10:43AM (#13644278)
>And nothing stops those people from buying a ticket from someone who is no longer able to attend on StubHub.

And the difference between that and scalping to the buyer is ? If you can't bid on the price you're still relying on luck to get it which sucks if you want to pay more. So your argument was that only scalpers benefit - people who can now secure tickets at a markup also benefited.

Re:A scalper who used bots to buy millions of tickets, now w... by knz on Tuesday February 14, 2017 @10:46AM (#13644309)
The difference is that hundreds if not thousands of fans for a large event are not automatically pushed to the more expensive secondary market for no reason other than profit making by a few people.