Originally Posted by
ProVega
From what I can tell the value of points is between $0.025 and $0.40 depending on the deal.
I would also appreciate any input or feedback people have.
Most of our MCR redemptions have been for the
LiveNation $10 Concert Cash codes, - in fact we've gotten close to 200 of them. Just last week I applied 4 of the codes toward 4 pairs of tickets to an event that I
thought would be a quick sell out and thus a possible/probable profit opportunity. Each code brought my Live Nation/Ticketmaster total cost from $125/pair down to $115/pair. After fees the tickets sold on StubHub for about $160/pair so in this case each 100 MCR point Live Nation code was worth exactly $10, or 10 cents per point.
Originally Posted by
foxberg
I used to know one guy I was buying caps from for about $5 for 1000 MCR points.
That's a
great price, there have been times where we have bought MCR codes from others (mostly 12 packs and bigger but a few times even the 3 point caps) but we paid much more than you, typically $25/1K.