IPL: Surge price, dynamic rates and a ₹52,938 ticket
Financial Express Mumbai|April 17, 2024
HOW MUCH DOES an Indian Premier League (IPL) ticket cost? ₹52,938, in case you are making a last-minute booking for the best seat in the house for Royal Challengers Bengaluru's (RCB) opening home game.
VENKATA KRISHNA B & PRATYUSH RAJ
IPL: Surge price, dynamic rates and a ₹52,938 ticket

It could be as less as ₹499 if you are among the early birds eyeing the cheapest ticket for a Lucknow Super Giants (LSG) tie.

Aware of the heavy ticket demand for key contests featuring top stars, IPL franchise owners are adopting surge pricing and dynamic-rates strategies to maximise their gate collection.

Since the Indian board gives the franchise a free hand to decide ticket prices and the fans are filling stands, no one is complaining. "They (franchises) do the pricing by themselves. We provide them with the infrastructure and our job is to fulfill their requirements.

We don't engage in the pricing of tickets," Delhi & District Cricket Association (DDCA) secretary Rajan Manchanda told The Indian Express.

With teams like RCB, despite in the middle of another miserable season, continuing to enjoy a loyal support base, the franchises are cashing in on the high demand. The cheapest ticket in Bengaluru costs 2,300 the highest of the tournament in that category. While these are exempted from surge pricing, the rates for more expensive seats see a spike as the match day approaches.

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