Ticket Options: Guaranteed Face Value on Sellout Sports Tickets
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I am about to share something that almost no one knows about. Ticket Options.
Much like Stock Options allow someone to buy stock in the future at a set price. Ticket Options do the same thing.
You can buy Ticket Options for any major spots event such as the Super Bowl, the BCS Championship, the NBA Finals, or the World Series. Virtually every major playoff game is offered.
How does it work?
At the beginning of each season, teams are assigned an initial offering price based on their likelihood they will make it to a particular game.
For example, at the beginning of the season, the New England Patriots were assigned an initial option price of $124 per ticket. If you purchased 2 options for $124 each, and the New England Patriots were in the 2008 Super Bowl, you would be offered 2 tickets for the game at face value. If the Patriots did not reach the Super Bowl, your $248 would be lost forever.
You don’t have to buy the option at the beginning of the season. For example, at www.TicketReserve.com you can buy 2 options for $1,075 each. And at www.TicketOption.com you can buy 2 options for $995.00 each. Remember, you still need to pay face value for the tickets if your team makes it to the big event.
Some people use these sites like stock investors, buying and selling options based on how a team is doing during the season. Using the same example, if you bought 2 options for the Patriots for $124 each before the season, and sold them now for $1075 each, you would profit over $951 per option!
I think these ticket options as a great gift idea. My husband is a Miami Dolphins fan - and for $10 I can buy 2 options for them in the Super Bowl. Is it a waste of $10? Maybe. But for $10, it’s a fun way for him to stay involved with his favorite team. We bought our babysitter 2 options for the Clemson Tigers to go to the BCS Championship. It cost us $64 total and she was thrilled. Again - the thought that she can go for face value to a game that will cost $1000’s per ticket is cool for most fans.
There are fees to buy and sell options, but they are reasonable. If your team ends up going to the big game, the site does all the work required to buy tickets on the secondary market, and sells them to you at face value.
Good luck!
