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Comment by joshfinnie | Hacker News Reader

From their About section:

    We estimate that we are able to track over 80% of all tickets that
    are resold on the internet, and this percentage will continue to
    grow as we develop additional methods of gathering data.

I wonder what is the percentage of tickets sold that are actually resold. If they are getting 80% of some small subsection of tickets sold, the data is must less interesting.

edit: styling

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I guess if they are tracking 80% of tickets resold (and make the assumption that this 80% is accurate), you can back into the numbers pretty easily.

For example, the table for the Springsteen concert shows that 1540 tickets were resold. Let's assume this was 80% of everything resold, which grosses the total number of tickets resold for this even up to 1925 tickets. Now let's assume that the venue holds 20,000 people (this data is easily attainable - I'm just using 20k for illustration). That means that the other 18,075 tickets were purchased for face (another data point that is easily - albeit tediously - attainable).

So really the data is all there - the big assumption that this all hinges on is that the site tracks 80% of all tickets resold.

Good Question. The amount of tickets re-sold definitely varies greatly depending on what the event is, and it can probably range from anywhere between 0-40%. I'd say for an event like a popular NHL / NBA / NFL / MLB game, the average is somewhere around 15%.

Well, you know the face value of a ticket, so even if you had "percentage of resale" tickets or whatever, it's useful information for would-be purchasers.

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