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The 200% Markup: AK Ticket Scalpers Cash In

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We here at 907Life serve as a dedicated source for everything entertainment, events and lifestyle in Anchorage. We want to keep you in the know. Because the one thing that peeves us the most, missing out. “What?! When was that? “How did I not know about that?” Both of these are common responses we hear daily… but an even bigger peeve than that is, the scalp.

You know the scalp… lets say band X is playing First Tap, $25. Website says they are sold out… so what do you do? Craigslist maybe? There is a developing trend here in Anchorage commonly known as ticket scalping. The idea where its cool to resell an event ticket for profit. I mean, we get it… but damn. 200+ percent mane? If it costs you $25… How are you going to charge $100?

Original general admission tickets to see Bill Nye went for $25. A scalper shown here, lists their tickets for a 300% markup .

You gotta hear both sides…
Look we love science as much as the next dude, but we don’t have to be a neuroscientist to know, thats hella F%&’d up. But we also understand… and you gotta hear both sides. Technically, scalping tickets isn’t illegal.

I Need Tickets

“Ticket brokers,” are those who procure tickets for resale. Once obtained, the broker turns around and sells them, usually at a profit.

We found that there is no federal law against scalping, and according to the National Conference of State Legislatures (NCSL), only about 15 states ban the practice in one way or another. Arizona for example, bans scalping only within 200 feet of the entrance to a venue, which means ticket prices can go as high as someone’s willing to pay, so long as the transaction takes place, 200 feet and an one inch away from the venue door.

Damn… so we should all buy 50 tickets?
So we arrive at the great debate. The question whether or not there is any reason to regulate ticket scalping. Alaska currently has no laws regarding the issue. One of our primary complaints as Alaskans in the past were the lack of quality and relevant acts that perform here. Although as of late, the list of top 100 acts has skyrocketed. Among them… Miranda Lambert, Kendrick Lamar, Imagine Dragons and the Red Hot Chili peppers are just a few that have found their way to a stage in our home state.

But due to to our location and the venues used to support them, its argued that the inflated prices to bring them overshadow the performance potential. (we don’t agree here) A recent example of this is the sticker shock that came with the announcement that country music legend Tim Mcgraw would be performing Live here in Anchorage late October. Social media hosted a barrage of complaints after the Alaska Airlines Center announced tickets would run anywhere from $99 – $200 with tax. With prices that high, can we afford a scalpers markup?

So we leave the task of finding an answer to you, it would seem that if a person wants to invest the time and money to buy a bunch of tickets in advance, take the risk that the tickets may lose value, or not sell… its on them right? Also if there are Alaskans who are willing to pay far over the face-value for those tickets, then it would appear ticket scalping is supply and demand in its purest form.

So would you scalp tickets? Who loses in this scenario? Just remember that not everyone is cool with the up sale. We will all have to stay tuned to see the trend and its developments.

Have you ever resold a ticket?  Have you ever bought one? Let us know in the comments below.

 

 

 

 

 

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Phillip Crawford

Content creator and video/photographer for 907Life.com You can follow Phillip on Twitter and Instagram - @phillip907