Sports and concert event ticket pricing and visualization system

Abstract

A system and method for selecting inventory pricing for an event at a venue is disclosed. The method comprising determining a rate at which a first inventory of seats have sold for an event at a venue. The method further comprising calculating a demand for a secondary inventory of seats as a function of the rate at which the first inventory of seats sold, the seats of the first and second inventories being comparable in quality, provides a user interface to one or more client devices that displays the data. The method further comprising calculating a demand for a second inventory of seats as a function of the rate at which the first inventory of seats sold, the seats of the first and second inventories being comparable in quality.

What is claimed is: 
     
         1 . A computer-implemented method for determining one or more ticket prices for an unsold inventory of tickets to an event at a venue, the method comprising:
 aggregating, by a ticketing system using a network, a first inventory ticket sales data for the event in a storage of the ticketing system, the first inventory ticket sales data being aggregated from one or more databases coupled to the network, the first inventory ticket sales data including ticket sales data for a first inventory of tickets to the event that are sold within an initial sales time interval starting from a ticket sales starting time for the event;   receiving, using the network, a first status of the first inventory of tickets at a first point in time;   displaying, using a display of the ticketing system, the first status of the first inventory on a venue map of the ticketing system;   receiving, using the network, a second status of the first inventory of tickets at a second point in time;   updating, by the processor, the venue map with the second status of the first inventory;   refreshing, by the processor, the venue map with additional statuses of the first inventory to create a movie of statuses on the venue map, wherein the movie is a time-lapse movie that provides a sequence of frames showing a progression of the statuses in a compressed time series;   determining, by the processor, a fill pattern of seats of the venue from the movie of statuses on the venue map;   determining, by a processor of the ticketing system, a first rate at which the first inventory of tickets have been sold for the event at the venue using the first inventory ticket sales data;   determining, by the processor, a calculated demand for a second inventory of tickets to the event, the second inventory of tickets including the unsold inventory of tickets to the event, the calculated demand for the second inventory being determined by a demand function using the first rate at which the first inventory of tickets have been sold;   determining, by the processor, one or more ticket prices for the second inventory of tickets using the calculated demand for the second inventory and the fill pattern;   outputting a ticket from the second inventory of tickets; and   using the ticket that has been outputted to unlock a gate structure associated with the venue for the event using an entry process.