I just wanted to see if anyone has had any success doing this. A friend of mine has apparently been trying this for the last few years and has been quite successful in the right opportunities...
For example, I live closest to Penn State and he is a Penn State Alum so that's where he got the idea. Tickets for next year are (roughly) $500 for the season, and you get 1 ticket to all 7 games. Not sure how many of you are in love with college football or not, but next year PSU will have Ohio State, Michigan State, and Wisconsin at home plus a few others. I only list those three because they are all pretty recognizable, and are all pretty consistently ranked as a top team in the nation.
PSU just had Pitt at home. Pitt is a bad team this year. They are 4-7 overall.... the individual tickets still went for over $300 per ticket.
Obviously there is some downside risk in this ... but it is very controlled (max loss is theoretically the 500 for ticket prices... but you can always sell them for SOMETHING...) and breakeven price is only about $70-$75 per game which is reasonable. If you get lucky, you could sell the three tickets I listed above for $200-$300 each, and then the other 4 games are all profit.
I don't think this is a get rich quick scheme, and I also think there is some risk in general. However, the risk is very minor AND you could potentially (very easily) bring in between 2 and 3 times revenue for a single ticket. $500 down for $1000 or $1500 back .... just imagine what buying 4 tickets or 6 tickets could yield...?
I just wanted to suggest. See who else has done this (any tips?), and also are there any other concerns I am missing?
THANKS!