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I had a similar experience back in the early '90s in Toronto when I was in town and, by chance, Doug Flutie was in town for a CFL game. I bought tickets at face (reasonable, but don't remember how much now) at the stadium right before kickoff and enjoyed seeing him play and the Skydome Stadium - cool for its day.
I think that the secondary market is part of it, in that is makes it possible for more people to buy tickets as they don't have to plan as far in advance, don't have to be plugged into the official channel to buy tickets and they don't have to gamble with the scalpers outside the stadium (i.e., Stubhub is a safe, legal and convenient way to shop for and buy tickets), but I wonder if that creates enough demand to account for the exponential increase in prices. At the end of the day, the scalpers could only make money if the demand existed or they wouldn't buy them up at face in the first place. So, clearly the demand is there - I just wonder where it came from to drive prices so high (maybe it is all the convenience of the secondary market, but my instinct says something else is also driving it).
I think that the secondary market is part of it, in that is makes it possible for more people to buy tickets as they don't have to plan as far in advance, don't have to be plugged into the official channel to buy tickets and they don't have to gamble with the scalpers outside the stadium (i.e., Stubhub is a safe, legal and convenient way to shop for and buy tickets), but I wonder if that creates enough demand to account for the exponential increase in prices. At the end of the day, the scalpers could only make money if the demand existed or they wouldn't buy them up at face in the first place. So, clearly the demand is there - I just wonder where it came from to drive prices so high (maybe it is all the convenience of the secondary market, but my instinct says something else is also driving it).