Teddys' gripe of the week
October 19th, 2012 at 1:17:06 AM
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Bill's gave me a comp voucher to see "Donny and Marie." I have less than zero interest in seeing this show, so I decided to sell the tickets. I redeemed the voucher and went over to Flamingo about two hours before the show to hock them.
I found very few willing buyers, until I approached a couple in line. They wanted tickets. I said, I will sell them for $200 total. (Face value was $270 but of course they cost me nothing.) Guy was all set to pay up, when he said, "I only have $100 cash on me." I said, well there is an ATM literally two feet behind you. Nope. That was it. I walked away from the deal. They walked up to the box office and bought the tickets at face.
Of course I found no other buyers and didn't even end up seeing the show. Would have been a nice karmic payback for losing the slot ticket, but apparently I am the world's worst closer. PUT THAT COFFEE DOWN, LEVENE...!
I found very few willing buyers, until I approached a couple in line. They wanted tickets. I said, I will sell them for $200 total. (Face value was $270 but of course they cost me nothing.) Guy was all set to pay up, when he said, "I only have $100 cash on me." I said, well there is an ATM literally two feet behind you. Nope. That was it. I walked away from the deal. They walked up to the box office and bought the tickets at face.
Of course I found no other buyers and didn't even end up seeing the show. Would have been a nice karmic payback for losing the slot ticket, but apparently I am the world's worst closer. PUT THAT COFFEE DOWN, LEVENE...!
"Dice, verily, are armed with goads and driving-hooks, deceiving and tormenting, causing grievous woe." -Rig Veda 10.34.4
October 19th, 2012 at 1:47:19 AM
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He may have been tapped out or may have thought that an ATM fee would be prohibitive... or maybe he was just trying to get them for one hundred.... which by the way would have been a one hundred dollar profit for you! Two girls in line to see the show might have been a better mark.
October 19th, 2012 at 1:50:41 AM
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Laws and rules vary in different jurisdictions so maybe you were lucky.
I know someone who tried this with different results. His tickets were confiscated, the rest of his comps were pulled, he was threatened with arrest and kicked out of the casino.
When Foxwoods first opened I remember people advertising Wampum points for sale in the newspaper. The casino investigated and those entrepreneurial folks lost everything as well.
I know someone who tried this with different results. His tickets were confiscated, the rest of his comps were pulled, he was threatened with arrest and kicked out of the casino.
When Foxwoods first opened I remember people advertising Wampum points for sale in the newspaper. The casino investigated and those entrepreneurial folks lost everything as well.
Many people, especially ignorant people, want to punish you for speaking the truth. - Mahatma Ghandi
October 19th, 2012 at 1:54:14 AM
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NYC would have issued a citation under their scalper's law for a sale at any price.
October 19th, 2012 at 2:18:24 AM
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I can't believe you didn't take the hundred.
October 19th, 2012 at 2:20:31 AM
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Yes, I know. I'm having a cow.Quote: FleaStiffHe may have been tapped out or may have thought that an ATM fee would be prohibitive... or maybe he was just trying to get them for one hundred.... which by the way would have been a one hundred dollar profit for you!
God knows, I tried. I walked up and down the check-in line like a carnival barker, humiliating myself. Oh well...I did sell some other tickets at another venue, although for much less.Quote:Two girls in line to see the show might have been a better mark.
"Dice, verily, are armed with goads and driving-hooks, deceiving and tormenting, causing grievous woe." -Rig Veda 10.34.4
October 19th, 2012 at 4:01:22 AM
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I was at Caesars' Windsor, and had a ticket for a show that I was okay with scalping.
I asked the ticket office about the scalping laws, and they said re-selling tickets were fine, as long as it was ABOVE face value. What a country!
I asked the ticket office about the scalping laws, and they said re-selling tickets were fine, as long as it was ABOVE face value. What a country!
October 19th, 2012 at 7:56:36 AM
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DUHHIIIIIIIII HEARD THAT!
October 19th, 2012 at 8:12:04 AM
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A bit off topic, but sometimes when I want to see a hot show by myself I'll look for a desperate looking person trying to get rid of a ticket because someone in his party didn't show. My policy is to offer half of face value.
"For with much wisdom comes much sorrow." -- Ecclesiastes 1:18 (NIV)
October 19th, 2012 at 8:56:20 AM
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It is not as cut and dry, as it used to be Teddy. In today's world there are counterfeit tickets for almost any venue, sporting, concerts etc, so there is a risk involved to the buyer. As the buyer you have to consider this risk vs the reward of savings. Weighing the risk vs reward which is my approach to almost any problem, I would probably be willing yo go somewhere around the 50% range that Wizard suggests. Apparently this gentleman's range was slightly less. IMO, if you are willing to go above 50%, up towards 75% as you wanted, the buyer is accepting way to much risk.
October 19th, 2012 at 9:20:11 AM
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I love stories where someone's greed results in them getting less than nothing.
In this case the humiliation of barking up and down the line, refusing a $100 profit in hopes of $200, hilarious.
Got any other stories like this?
;)
In this case the humiliation of barking up and down the line, refusing a $100 profit in hopes of $200, hilarious.
Got any other stories like this?
;)
In a bet, there is a fool and a thief.
- Proverb.
October 19th, 2012 at 9:27:54 AM
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DUHHIIIIIIIII HEARD THAT!
October 19th, 2012 at 9:28:54 AM
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Hey Teddys, you should have let me know, I would have enjoyed them if you were just going to get rid of them.
October 19th, 2012 at 9:32:26 AM
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Yep. You're quite welcome. And I posted this here just to amuse you and make you feel better about yourself. Glad you pointed out what a schmuck I was.Quote: WongBoI love stories where someone's greed results in them getting less than nothing.
In this case the humiliation of barking up and down the line, refusing a $100 profit in hopes of $200, hilarious.
Got any other stories like this?
;)
"Dice, verily, are armed with goads and driving-hooks, deceiving and tormenting, causing grievous woe." -Rig Veda 10.34.4
October 19th, 2012 at 9:34:09 AM
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I was only kidding, i probably would have held out for the $200 as well.
I have to hand it to that guy for assessing the situation and going for big savings,
I wonder why he didn't cave when he got up to the front of the line.
I have to hand it to that guy for assessing the situation and going for big savings,
I wonder why he didn't cave when he got up to the front of the line.
In a bet, there is a fool and a thief.
- Proverb.
October 19th, 2012 at 9:35:56 AM
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No problem. One the other hand, at least I'm learning about secondary ticket market forces. Seems 50% is the price to shoot for. (I had an offer for $150 from a guy on craigslist, but he backed out.)
"Dice, verily, are armed with goads and driving-hooks, deceiving and tormenting, causing grievous woe." -Rig Veda 10.34.4
October 19th, 2012 at 9:40:06 AM
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In my haggling experience, the person makes a counter offer expecting that your next offer will come down,
They are usually willing to make a deal close to the midway point between the two prices.
It's better for you to not immediately go to that halfway point
or they then figure you will meet them at the new halfway point.
They are usually willing to make a deal close to the midway point between the two prices.
It's better for you to not immediately go to that halfway point
or they then figure you will meet them at the new halfway point.
In a bet, there is a fool and a thief.
- Proverb.
October 19th, 2012 at 9:47:29 AM
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DUHHIIIIIIIII HEARD THAT!
October 19th, 2012 at 9:59:02 AM
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a lot of people are just dunces when it comes to negotiating. You need to practice ways of keeping them engaged, maybe even negotiate their side for them.
But since the guy offered you such a low price, not sure what was going on in this case.
But since the guy offered you such a low price, not sure what was going on in this case.
the next time Dame Fortune toys with your heart, your soul and your wallet, raise your glass and praise her thus: “Thanks for nothing, you cold-hearted, evil, damnable, nefarious, low-life, malicious monster from Hell!” She is, after all, stone deaf. ... Arnold Snyder
October 19th, 2012 at 10:04:05 AM
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Keep in mind this was for Donnie and Marie tickets....
The only way to go was down.
The only way to go was down.
In a bet, there is a fool and a thief.
- Proverb.
October 19th, 2012 at 10:48:45 AM
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Rule of thumb is, if you paid nothing, take what you can get.
You had them way over priced, a hundred was about right.
You had them way over priced, a hundred was about right.
"It's not called gambling if the math is on your side."
October 19th, 2012 at 10:49:44 AM
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For reference, I think we've all sold (or tried to) something we've gotten "comped".
The rule is, it's 50% face value (because it's 100% profit for you)
and I think his $100 was a counter-offer..you should have came back with how about $150?
The rule is, it's 50% face value (because it's 100% profit for you)
and I think his $100 was a counter-offer..you should have came back with how about $150?
Gambling calls to me...like this ~> http://www.youtube.com/watch?v=4Nap37mNSmQ
October 19th, 2012 at 11:35:46 AM
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Quote: TIMSPEEDFor reference, I think we've all sold (or tried to) something we've gotten "comped".
The rule is, it's 50% face value (because it's 100% profit for you)
and I think his $100 was a counter-offer..you should have came back with how about $150?
I think MOST of us would be more accurate. Maybe I am just a chump, but I cannot recall ever having tried to see something I was comp'd.
I take my tickets to shows that I am not interested in, and try to find a couple who look like they are doing a trip on no budget. Give them the tickets. It makes their day, and in some cases, I suspect it might even make their whole trip. And I get to feel good about it too.
The joke is probably on me. After I turn the corner, THEY probably sell the tix for $100.
Always borrow money from a pessimist; They don't expect to get paid back !
Be yourself and speak your thoughts. Those who matter won't mind, and those that mind, don't matter!
October 19th, 2012 at 11:43:07 AM
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Whenever anyone asks me for money at the Connecticut casinos I'll ask them if they have points on their card. You'd be surprised how many of these beggars have a few thousand or more. I tell them if they want say $100 they can buy me something for it.
Among my acquisitions have been flat screen TVs, Coach bags and golf clubs. I once got three $50 seafood buffets with all you can eat lobster for $20.
That's a better happy ending than some of these ne'er-do-wells have to offer.
Among my acquisitions have been flat screen TVs, Coach bags and golf clubs. I once got three $50 seafood buffets with all you can eat lobster for $20.
That's a better happy ending than some of these ne'er-do-wells have to offer.
Many people, especially ignorant people, want to punish you for speaking the truth. - Mahatma Ghandi
October 19th, 2012 at 11:47:22 AM
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Quote: 1BBThat's a better happy ending than some of these ne'er-do-wells have to offer.
Not sure where you intended that comment....
Also,
I never thought of that (to ask them to use their points) That's not a bad idea!
Straight Gangsta AP right thurrr, lol.
Gambling calls to me...like this ~> http://www.youtube.com/watch?v=4Nap37mNSmQ
October 19th, 2012 at 12:14:14 PM
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Quote: TIMSPEEDNot sure where you intended that comment....
Also,
I never thought of that (to ask them to use their points) That's not a bad idea!
Straight Gangsta AP right thurrr, lol.
You caught that huh? It's not uncommon for some women to ask for a "loan". When that doesn't work they go to plan B and offer a "massage" or something related, hence the happy ending reference.
Many people, especially ignorant people, want to punish you for speaking the truth. - Mahatma Ghandi
October 19th, 2012 at 12:32:43 PM
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Quote: TIMSPEEDFor reference, I think we've all sold (or tried to) something we've gotten "comped".
The rule is, it's 50% face value (because it's 100% profit for you)
and I think his $100 was a counter-offer..you should have came back with how about $150?
Based on the original account of the negotiation, I don't think he had the cash, and ended up paying for his tickets with a cc at the box.
Was there anyone else hawking tickets besides you?
Simplicity is the ultimate sophistication - Leonardo da Vinci
October 19th, 2012 at 12:52:13 PM
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It's all about Supply and Demand per Sir Alfred Marshall, the father of "Law of Demand and Supply"
Scenario 1
In 2001; I was trying to sell (2) NY Yankees Playoff Game 2 ALDS Tickets right before the game in front of Yankee Stadium. I was going to the game but I had 2 extra tickets that I needed to get rid of. I was SCARED out of my mind of being arrested...I had never done that before...It was my first and only time trying to sell tickets. An Older Gentleman with his Granddaughter offered me $100 Above Face Value for both tickets combined AND offered to throw in 2 ALDS Tickets for Game 5. I JUMPED at the offer!!!
Scenario 2
Just last week..on Stubhub...I purchased $25 Face Value tickets to the first ever Brooklyn Nets Regular Season Game for $200. The same tickets are now going anywhere from $250 - $300. The game is coming up on Nov 1 against the NY Knicks in Brooklyn, NY. As a Native Brooklynite and a lifelong Nets fan....there is no way I am missing the first regular season game for any sports team in Brooklyn since the Brooklyn Dodgers left in 1957. Add in the $250 Plane Ticket to fly from Florida to NY....and it adds up....but to be able to be there LIVE in Person ....the experience will be PRICELESS....
Scenario 1
In 2001; I was trying to sell (2) NY Yankees Playoff Game 2 ALDS Tickets right before the game in front of Yankee Stadium. I was going to the game but I had 2 extra tickets that I needed to get rid of. I was SCARED out of my mind of being arrested...I had never done that before...It was my first and only time trying to sell tickets. An Older Gentleman with his Granddaughter offered me $100 Above Face Value for both tickets combined AND offered to throw in 2 ALDS Tickets for Game 5. I JUMPED at the offer!!!
Scenario 2
Just last week..on Stubhub...I purchased $25 Face Value tickets to the first ever Brooklyn Nets Regular Season Game for $200. The same tickets are now going anywhere from $250 - $300. The game is coming up on Nov 1 against the NY Knicks in Brooklyn, NY. As a Native Brooklynite and a lifelong Nets fan....there is no way I am missing the first regular season game for any sports team in Brooklyn since the Brooklyn Dodgers left in 1957. Add in the $250 Plane Ticket to fly from Florida to NY....and it adds up....but to be able to be there LIVE in Person ....the experience will be PRICELESS....
Craps is the most "Jekyll and Hyde" casino game ever invented!
October 19th, 2012 at 12:55:08 PM
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Quote: CrapsForever
Scenario 2
Just last week..on Stubhub...I purchased $25 Face Value tickets to the first ever Brooklyn Nets Regular Season Game for $200. The same tickets are now going anywhere from $250 - $300. The game is coming up on Nov 1 against the NY Knicks in Brooklyn, NY. As a Native Brooklynite and a lifelong Nets fan....there is no way I am missing the first regular season game for any sports team in Brooklyn since the Brooklyn Dodgers left in 1957. Add in the $250 Plane Ticket to fly from Florida to NY....and it adds up....but to be able to be there LIVE in Person ....the experience will be PRICELESS....
I wonder how much juice Stubhub is charging to broker the deal?
Simplicity is the ultimate sophistication - Leonardo da Vinci
October 19th, 2012 at 2:03:48 PM
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Quote: AyecarumbaI wonder how much juice Stubhub is charging to broker the deal?
To my knowledge, Stubhub charges 10% of the total purchase price BOTH to the seller and buyer...
I prefer to order Electronic Tickets from Stubhub which you can print within 15 minutes of ordering your tickets. I use them all the time to get tickets to Sporting Events that are already sold out.
It's much cheaper to go to the stadium and get a ticket from a "scalper" however I'd rather pay the higher fee to a person on Stubhub and be guaranteed a ticket!
Craps is the most "Jekyll and Hyde" casino game ever invented!
