Thread by @jdelord00: "Technically it's true, but it's not black and white. There's a lot of nuance. Buckle in because here I go...(stream)1) Let's use Prudential […]"

Technically it's true, but it's not black and white. There's a lot of nuance. Buckle in because here I go...(stream)

1) Let's use Prudential Center as our example. The capacity at Prudential Center is 19,500. This does NOT mean there are that many tickets available to the general public. Prudential Center sells season tickets and premium seats for Devils' hockey...

2)...when someone buys season tickets, they normally get first right of refusal to any events that are at Prudential Center. I.e., they already have tickets to every event that is at Prudential whether it's BTS, or Disney on Ice..

3)...if we assume that 30% of Prudential Center's capacity is made up of season ticket holders, then the available tickets for any event drops to 13,650. That is what ticketmaster, axs, etc. have to sell...

4)...now let's assume that there are 50,000 people who are logged in to axs, ticketmaster, etc. 30 minutes before the tickets go on sale. Let's also assume that each person wants only 2 tickets. That means the demand is 100,000 tickets, but the supply is only 13,650...

5)...what this means is that even though someone may have been logged in before tickets went on sale, only 14% of those people are actually going to get tickets regardless of how early they logged in. My gut tells me that there were more than 50,000 people waiting for BTS tix...

6)...which means that 14% is probably much lower in reality. Now once, those 13,650 seats have been sold, then the show is technically sold out because season ticket holders already have tickets because they bought the season ticket package before the season started...

7)...however, not all season ticket holders are going to be BTS fans and probably won't go to the show, so they are given the option to sell their tickets. This is why tickets start showing up on ticketmaster, axs, etc. after the show has been announced as sold out...

8)...the prices are most likely to be much higher for two reasons 1) season ticket packages are expensive (around $10,000-$50,000) a season, and this is a way for the season ticket holders to get some of that expense back 2) because the market for reselling isn't regulated...

9)...anyway, this was an extreme oversimplyfication which didn't even factor in scalpers (which are very much real), but I figured I'd add a little context. I do wish there was a way for more fans to get tickets at face value...breaks my heart reading a lot of these tweets (end)