Predicting Secondary Market Prices for ALDS/NLDS Tickets
So far this October, we have been treated to some great playoff games. Most of us watched these games at home in our living room, or perhaps at the local sports bar. A select few of us have had the chance to watch the games live at the stadium. Due to the high demand for playoff tickets, most teams conducted some type of lottery to determine who gets to purchase tickets at face value. Those who aren’t lucky enough to win the lottery can still get into the stadium by purchasing tickets on the second-hand market.
Perhaps unsurprisingly, there is a lot of variation in the second-hand cost of playoff tickets between the different teams. There are many factors that go into this variation, including regular season ticket cost and how recently the team has gone to the playoffs, among other things. For example, the Cubs have had the highest playoff tickets prices this year, which is due to the fact that they have a passionate fan base, and that they haven’t been to the playoffs since 2008.
I wanted to see if it would be possible to create a model that predicts the cost of ALDS/NLDS ticket prices based on other factors.

