Just curious, this being the biggest fight of the year, how much do you guys think the tickets will be worth come fightnight. I plan on going to the fight, and picking up 2 $1000 seats Sec L4 as an investment. My thinking is that this fight is so big that I can swing a nice profit. The fight will sell out within a couple hours and we're three months away. MGM basically sold out and we're 3 months way. Any way I wont make a profit here?
Please guys no flaming :p
You guys have made good points on why this was a bad move, but when it comes to oscar pac tix that was a fight people thought was a mismatch in oscars favour going in. Pac-Cotto is a fight that any fan knows is going to be exciting, and have plenty of action. Not to mention Pac is the biggest draw in the sport. yes its a gamble, but its 3 months away and once the press tour starts to kick off and we see coverage of the fight on mainstream tv dont u think that will hike prices up vs. down?
Anyone who's anyone is going to want to be at this fight. Seating is limited. Im just banking that this fight is a hot hot ticket and everyone is going to want to be there...
Exactly...
Boxing these days is way overpriced.
1K for corners and you want someone to pay more than that?
Good luck guys.
You would have been better off picking up $300 tickets and try to sell them for $400-$500. And if you couldn't sell them for a profit you could sell them off at the last minute to get your money back, a lot easier to do that than trying to find someone to pay the 1K you paid so close to the fight to try and get your money back.
That would be a lot easier than getting someone to pay more than 1K for corner seats.
There are way more people that can afford $400-$500 than can afford more than 1K.
Hell, I can go on ticketmaster right now and get seats in the same section that these guys picked up for 1K...where's the demand?
Those 1K seats will be available on ticketmaster for the next couple of months.
The demand for events like these is in the cheaper tickets, not the more expensive ones. That's why they sell out first.
More people can afford to pay $400-$500 than can afford to pay more than $1000...that's why the cheapest seats sell out faster than the more expensive ones, especially for boxing.
It is a terrible investment point blank, on Oscar-Pacquaio ticket brokers took a bath and lost a fortune it is far from a sure thing that you will make a ton of money back and the most you can make imo is not worth the risk of loss.
Officially got 2 1k seats now. Hoping some hollywood high roller will put a smile on my face.
You will most likely end up eating quite a bit of what you paid for these tickets.
First of all I don't know about anyone else, but I would not pay for tickets I don't know for sure the seller will come up with THE DAY OF THE FIGHT.
Second, Anyone that waits to buy tickets until the day of the fight is looking for a DEAL which means you're not going to get 1K per ticket like you paid for them. Judging by this web site alone, anyone here that's mentioned in the past that they get their tickets the day of the fight REFUSE to pay above face value or even face value for them.
Third, The brokers get hard copies of tickets through Top Rank a month before the fight which means they've got you beat as far as being able to offer tickets just as good as yours and being able to deliver a pair of HARD TICKETS to a buyer, where you have to hope someone will be willing to take the chance of meeting you at will call literally hours before the fight to get tickets that they are going to pay more than 1k per seat for.
Not saying 100% you won't be able to sell your tickets and make a profit, but it's highly unlikely. People don't pay full price or more the day of the fight anymore. Last minute buyers are looking for a deal, they are looking for below cost.
Good luck.
Im glad you guys are on the same page as me. Now as far as the buying/selling do you foresee any problems with this being will call only & me having to meet the buyer at the venue most likely? Will people commit to spending that much on ebay/paypal and have to wait until the day of or before the fight to pickup the tickets? Any other recommended ways of going about this? Craigslist las vegas maybe...
I think on read on another thread that the $1,000 tickets could be sold by ticket liquidators at $22,000. I don't know if it's true, but you'll make profit regardless.
16y ago
Pacquiao Cotto ticket value? | BoxingScene Community