How the scam works:
(with video below) Do you remember the last time you wanted to go to a concert, game, or event that was sold out? How about one that was sold out within minutes? Well, nowadays there is more to it than people physically waiting in line or just buying on the Internet using a submission form. It is what is called online scalping. It is done by 'online brokers' who use specific software to sweep tens of thousands of tickets within minutes and automatically re-post them on their website, at an at least 500% mark up price. No human involvement, just software.
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Watch the video below to see in action the scam exposed extremely well, or keep reading on.
Online Ticket Reselling Scam Video
Most of these ticket brokers have their businesses registered at PO boxes. They use software that collects personal information, credit card numbers, addresses, etc in only a few seconds. That's including using bots reading the captchas for the human verification pass, too! This way, while you are taking at least three minutes to fill out the submission form on a official ticket selling website, this scrapping software beats you by far and leaves an event sold out very quickly.
Don't get us wrong, there are legitimate brokers out there, just like the ones re-selling the airline tickets for a small fee. We are referring to 'brokers' who resale the tickets for a few times more than the initial price.
How to avoid:
Physical scalping has been out there forever. Now it's online. Whether is a Maroon 5 concert or a World Cup game, people don't mind paying a hefty price, as long as that gets them in. If it feels like a victory to you paying five times the real price, maybe it's not really a big deal knowing how to avoid it. For the rest, we'll just have to wait for the national, provincial, or federal legislation to take care of the situation.
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