Scalping tickets, also known as ticket reselling, is a great way to make money, especially if you’re savvy about high-demand events. If you’ve ever wondered how to make money scalping tickets online, this guide will give you the tools and strategies you need.
Whether you’re reselling tickets for concerts, sports games, or festivals, ticket scalping can be a lucrative business. With the right approach, you can maximize your profits while minimizing risks.
Let’s look into how you can get started, the best ways to scalping tickets online, and how tools like Multilogin can help you manage multiple accounts safely to optimize your ticket-buying strategy.
What is Ticket Scalping?
Ticket scalping is the act of purchasing event tickets and reselling them at a higher price, typically when the event is sold out or nearly sold out. The more exclusive or in-demand an event is, the more profit you can make.
People scalp tickets for concerts, sports championships, theater performances, festivals, and even smaller niche events.
But what sets successful ticket scalpers apart is not just the ability to sell at a markup but how they navigate the logistics of purchasing tickets and managing multiple accounts to stay ahead of the competition.
And yes, ticket scalping can be profitable when done the right way.
Is Ticket Scalping Legal?
Before looking into how to make money as a ticket scalper, it’s important to understand the legal landscape. The legality of ticket scalping varies depending on your location. In many places, scalping tickets is legal, but certain rules and regulations must be followed.
For instance, some states in the U.S. allow ticket reselling but limit how much you can mark up the price. In other places, like Australia or Canada, ticket scalping is legal but heavily regulated.
Platforms like StubHub and SeatGeek offer legal avenues for reselling tickets, making it easier to navigate local laws and stay compliant.
How to Make Money Scalping Tickets
So, how can you make money scalping tickets online? Let’s explore some tried-and-true strategies that can help you maximize your profits.
1. Target High-Demand Events
The most successful scalpers focus on events with high demand. Concerts, sports championships, and exclusive festivals tend to sell out quickly, creating opportunities for higher resale prices.
For instance, high-profile events like the Super Bowl, Coachella, and Adele’s concerts are goldmines for ticket scalpers. There are hundreds of tickets to scalp online, you just need to know where to look.
The more in-demand the event, the more you can charge for the ticket when reselling. Use platforms like Multilogin to manage multiple accounts to buy as many tickets as possible.
2. Buy Tickets Early
To make money scalping tickets, it’s crucial to purchase tickets as early as possible, preferably during presales or the general sale. Most ticket platforms allow a limited number of tickets per buyer, which can be a hurdle for resellers.
However, using Multilogin allows you to manage multiple profiles, making it easier to buy multiple tickets without getting flagged.
Getting tickets early ensures you buy them at face value, giving you more margin when it comes time to resell. As the event approaches and tickets sell out, you can sell your tickets at a much higher price.
3. Utilize the Right Resale Platforms
Choosing the right platform to resell your tickets can make all the difference in how much money you make scalping tickets. Popular platforms include:
- StubHub: One of the most popular platforms, known for its reliability and large user base.
- SeatGeek: Offers competitive prices and a large audience.
- Viagogo: Great for selling tickets globally.
- Facebook Marketplace: A more informal platform, but effective for local events.
Each of these platforms has its pros and cons, from service fees to audience reach, so it’s crucial to research and find the best platform for your specific event and ticket type.
4. Price Tickets Strategically
Understanding how to price tickets is key to making money scalping tickets. When you scalp tickets, you’ll want to monitor the resale market carefully. Tools like SeatGeek and StubHub often have pricing tools that show you how similar tickets are selling.
A common strategy is to start with competitive pricing and gradually raise prices as the event gets closer and tickets become scarcer. If you’re selling tickets for a highly popular event that’s sold out, you can usually charge a premium.
5. Use Automation Tools like Multilogin
Using Multilogin helps ticket scalpers manage multiple accounts safely and without getting flagged. Ticket platforms like Ticketmaster and Eventbrite are highly sensitive to bulk purchases from the same IP address. If they detect you’re using bots or multiple accounts without a tool like Multilogin, they might ban you.
Multilogin creates multiple browser profiles that mimic real users, allowing you to buy more tickets while reducing the chances of getting blocked. Automation is key if you want to scale your ticket scalping efforts and make more money.
The Risks of Ticket Scalping
While ticket scalping can be highly profitable, it’s not without its risks.
1. Ticket Platform Restrictions
Platforms like Ticketmaster and LiveNation have rules against ticket scalping. They often limit the number of tickets you can buy and use software to detect when buyers use bots or multiple accounts. Using Multilogin helps you avoid detection and increase your ticket-buying capacity.
2. Unsold Tickets
There’s always the risk of not selling your tickets. If an event gets postponed or canceled, you could be left with tickets that are difficult to resell. Always keep an eye on event popularity and adjust your pricing strategy if necessary.
3. Legal Issues
Ticket scalping laws vary by country and even by state. Always check local regulations to avoid fines or legal trouble. Some places allow scalping but cap how much you can resell tickets for. Be sure to stay within these limits.
How Much Money Can You Make Scalping Tickets?
The amount of money you can make depends on the event, demand, and your buying strategy. Many professional ticket scalpers make thousands of dollars reselling tickets for high-demand events. Even beginners can make a few hundred dollars per event when they target the right tickets.
For example:
- Concert tickets for artists like Taylor Swift or BTS can go for hundreds or even thousands of dollars above face value.
- Sports events like the Super Bowl or NBA Finals often offer significant profit margins.
Frequently Asked Questions About Making Money Scalping Tickets
Is ticket scalping profitable?
Yes, ticket scalping can be highly profitable when done strategically, especially for high-demand events.
How do I make money as a ticket scalper?
Buy tickets early for in-demand events and resell them at a higher price on platforms like StubHub or SeatGeek.
Is ticket scalping illegal?
Ticket scalping is legal in many places but may be regulated. Always check your local laws before reselling tickets.
What tools can help with ticket scalping?
Tools like Multilogin allow you to manage multiple accounts and buy more tickets while staying undetected.
How much can I make scalping tickets?
Profit margins vary, but many scalpers make hundreds to thousands of dollars per event, depending on the demand.
Final Words
Scalping tickets can be a lucrative side hustle or even a full-time business if done correctly. With the right tools, like Multilogin, you can manage multiple accounts, avoid getting banned, and maximize your profits.
Just remember to focus on high-demand events, price your tickets strategically, and always stay informed about the legal landscape in your region.
