Top 5 Tips for Buying March Madness Tickets
With a week of conference championship games now underway, March Madness is so close we can almost taste it. But before you hop on SeatGeek and start purchasing tickets to your favorite college team, check out our top buying tips to save money and make the most educated buying decisions. (Have tickets to March Madness but your team didn’t advance? Bummer! Luckily you can now sell tickets on SeatGeek and recoup at least one loss.)
1. Local teams have a huge impact on demand
If last year’s tournament is any indication, college basketball fans are more than willing to take short road trips to see their teams in the NCAA Tournament. Last season thee three most expensive locations were Seattle, Omaha and Louisville. Seattle was largely driven by demand from Gonzaga fans, Omaha by demand from fans of Kansas, Wichita State and Wisconsin, and Louisville by fans of Kentucky.
2. Smaller fan bases can lead to bargain prices
At last year’s tournament the first sessions in both Louisville and Jacksonville had average resale prices of below $60, a great deal compared to many of the other locations. This likely had a lot to do with the eight teams playing (SMU, UCLA, UAB, Iowa State, Xavier, Ole Miss, Baylor and Georgia State). Just because the teams have smaller followings doesn’t mean the quality of play suffers though, as the Georgia Sate upset of Baylor was one of the greatest games of the tournament.
3. Full strip packages may not be a smart investment
Even if you are a fan who is planning to attend all three sessions, it may be wiser to purchase each session individually, rather than to purchase all three as a package. Last year this was the case for six of the eight first round locations. However, the two locations where the full strip was the better deal were also the two most expensive locations.
4. The Sweet 16 and Elite Eight can be very reasonably priced
While the natural thought would be to think that these rounds deeper in the tournament would be more expensive, based on last year’s data that is not always the case. Last year’s East Regional Final in Syracuse has an average resale price of just $74, far lower than most of the first and second round sessions. Of course none of this year’s regional games are being held in football stadiums.
5. Wait to buy regional tickets
If last year’s tournament is any indication then even if you are supremely confident your team will make the regional, it still may save you some money to wait until much closer to the games to buy tickets. Comparing the median listing price of Selection Sunday vs. the day before the game, last season listing prices dropped an average of 27 percent for the Sweet 16, and an average of 36 percent for the Elite 8. This make sense, as upsets are sure to knock the expected teams out of the picture.
Click here to browse SeatGeek’s comprehensive March Madness listings, plus track different teams to find out when their ticket prices drop!
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