How To Resell Masters Tickets In 5 Easy Steps

Tickets for the Masters Tournament are extremely in demand, with only a lucky few winning the annual ticket lottery.

Most people opt for other methods of getting tickets to the Masters if they don’t win, or have no other means of getting a pass. 

If you manage to get a ticket to the Masters Tournament, a small resale business has the potential to be a profitable side hustle.

But you might be wondering about how it is done, what the profit margins are, and whether it is legal to do so. 

In this article, we will be addressing all these questions and more about reselling a Masters ticket.

Is it Possible to Resell Masters Tickets? 

You can resell Masters tickets, but you should first understand your state law. For example, it is illegal to resell Masters tickets for profit in the state of Georgia. According to the state’s law, unauthorized people cannot resell tickets to the tournament at a higher price than they were originally acquired for. 

In other states like New York, reselling tickets for profit is not illegal. However, getting access to the tickets can be difficult.

What Kind of Masters Tickets Sell Well? 

Based on the rates and demand, the single-day tournament tickets sell better than the practice rounds. But the most expensive tickets are the Masters badges, which allow people to attend all seven days of the tournament. 

Masters badges are not sold but rented to people by third-party resellers and must be returned at the end of the day. They cost over $2000 on the secondary market, with a huge sum charged for all four days. 

Obtaining a Masters badge on your own is almost impossible since they haven’t been given out by Augusta National since 2000. 

What is the Value of Masters Tickets? 

The actual prices of the tickets are relatively cheap, with practice round tickets selling for $100 and single-day tournament tickets available for $140 to those who win through the lottery. 

The patron badges can’t be acquired anymore and cost thousands of dollars to rent out per day. 

Since the tournament is sold out every year and the demand for tickets is so high among golf fans, Masters tickets are some of the most valuable tickets to resell. 

Do Masters Tickets Lose Value Over Time? 

The demand for tickets never reduces since no one except those at Augusta National Golf Club knows how many tickets are released every year.

Most people on the secondary market charge a huge amount of money for single-day tickets in the months leading up to the tournament. Historically, they let go of the tickets at a lower price if they hadn’t been sold even on the day of the tournament. 

The actual prices of the tickets are increasing year-on-year. Practice rounds used to cost $75 to attend in 2022, but it currently costs over $100. On the other hand, the daily tournament tickets have risen to $140 from $115 in 2022.

Things to Consider When Reselling Masters Tickets 

It can be tempting to resell a Masters ticket for a huge profit right after you manage to get your hands on one. But there are a few things that you must consider before selling them.

• Illegal in states like Georgia: In places like Georgia, reselling tickets can put you at risk of being arrested. 
• Potential Bans: There have been instances where event organisers permanently removed people who tried to sell Masters tickets and invalidated their ticket numbers. 
• Very Difficult to Acquire: Participating in the annual lottery is the most popular way of getting tickets. But, the odds of winning are 1 in 200. There are other odd ways of getting Masters tickets, but they are limited in number.  
• You Should Hide Your Ticket Info: Before you post an ad to sell your tickets or Masters badges, most resellers remove the ticket number and color code since they can be used to track and ban ticket holders. 

Where to Resell Masters Tickets 

Assuming you won’t be at the event and want to resell your Masters tickets, there are several places online where you can do this before the tournament. 

Several online ticket brokers claim they pay fair rates based on demand. But, it could result in people missing out on higher profits than if they sold the tickets themselves. 

Here are some of the most frequently used fan-to-fan sites to resell Masters tickets: 

1. StubHub 

StubHub is one of the most popular ticket resale sites and has verified Masters tickets available. 

It is similar to eBay as it offers fan-to-fan interaction and lets them advertise their tickets for more than the face value. StubHub doesn’t have any control over the prices, which are negotiated between the fans on the site. 

What Makes This Option Great 

There are no restrictions on how much you can sell Masters tickets on the site. Single-day passes often go for well over $1000, which makes for a huge profit. 

The seller is responsible for shipping out the physical tickets to the buyer, but an electronic copy is sent to the buyer once they complete their purchase on StubHub. 

The process of uploading tickets is fairly straightforward, but the sellers are only paid after the event. In this case, it will be after the Masters Tournament rounds. 

• Fees/Commission: Service fees equal to 15% of the selling amount
• Payment Methods: Buyers can use any payment method to buy Masters tickets. Sellers receive the money in their bank account after the event. 

2. eBay 

eBay remains one of the most popular sites for people to resell items, including Masters tickets. 

But it doesn’t monitor the prices of the listings on its site. It is completely up to the sellers when the ads are made. 

What Makes This Option Great 

With millions of unique monthly visitors, your Masters ticket listing can get lots of attention and bids. This means you can also sell at a higher rate and make more money.

The payments are handled by eBay, and you receive them within a few working days once the processing is complete. 

• Fees/Commission: A percentage of the selling price (between 10-15%) plus $0.30.
• Payment Methods: Sellers will only receive money through their bank accounts after eBay’s managed payments system has processed the payment. 

3. Facebook Marketplace 

If you’re looking for a site that doesn’t charge commission and connects you to buyers, Facebook Marketplace is the way to go. 

What Makes This Option Great 

Unlike eBay and StubHub, all the money you get from the sale is yours to keep since Facebook Marketplace does not charge a commission. 

You also get to showcase your ad to thousands of people using the platform daily. 

Buyers can negotiate the price and the delivery method with the seller through direct contact via text. 

• Fees/Commission: No commission for individual resellers on Facebook. 
• Payment Methods: Payment methods need to be negotiated with the buyer. 

What You’ll Need to Resell Masters Tickets 

Now that we’ve discussed the places where you can sell tickets to the Masters tournament, here is a quick overview of what you’ll need to resell them: 

• Gain Access to a Ticket: Winning Masters tickets throught the Augusta National lottery is rare, so you need to look on secondary markets and then flip your ticket for a higher price. 
• Protect Your Details: If you upload photos of the Masters tournament ticket, ensure you’re not making the number or color-coded strips visible. Otherwise, you run the risk of getting banned. 

How To Resell Masters Tickets: Step-By-Step Instructions 

Can You Make Money Flipping Masters Tickets? 

Yes, you can make money flipping Masters Tickets. The profit margins are wide, and the initial investment is almost negligible in comparison.

Most people who want to attend the tournament don’t win the lottery and need to find alternative means of buying tickets. They’re mentally prepared to pay top dollar for tickets, and you can charge a significant amount while flipping tickets even if you buy them from a third party. 

It can be challenging to make money if you’re considering secondary market purchases and then reselling them, but it’s possible.

You’ll need to find a seller who is letting go of the tickets for a reasonable price while making a profit. Then, you’ll have to ensure that the tickets are legitimate and that you can make a profit after buying them. 

For example, you find an eBay listing for a practice round Masters ticket priced at $1,500. You can buy this ticket and sell it for $2,000 or more and make a significant profit. 

The risky part is not being able to find a buyer, in which case you’ll have to sell the ticket for a much lower price and cut your losses.

However, chances of this happening is slim since tickets for tournament rounds and practice rounds are always in demand. 

What Is a Masters Tickets Resale Business? 

A Masters Ticket resale business model consists of buying tickets on the secondary market or acquiring them for a lower price and selling them for a profit.

Is Reselling Masters Tickets a Good Way to Make Money? 

Yes, Reselling Masters Tickets is a good way to make money, but there’s a huge catch: getting tickets in the first place. The chances of winning through the lottery system are very small. But you can resell them if you acquire them by other means. 

Frequently Asked Questions 

Similar Tutorials to Check Out 

Below are some other tutorials you should have a look at if you liked this guide on how to resell a Masters ticket: 

• Resell Broadway Tickets: Can you resell Broadway tickets for a profit? Click here to find out. 
• Resell Taylor Swift Tickets: Taylor Swift tickets are in demand for every single concert. Click here to learn how to resell them for a profit. 
• Resell NBA Tickets: Click here to find out how to resell NBA tickets as a side hustle. 

Wrapping Up

Reselling Masters Tickets is legal and profitable as long as you’re not within 2,700 feet of the Augusta National Golf Club gates. If you’re selling tickets online, you don’t need to worry about this issue. 

You should only be careful not to upload the ticket number and the color code to avoid being banned. 

Please let us know what you found most helpful if you liked this article. Feel free to share it with a friend or family member who could resell a Masters ticket as a side hustle.