Using bots, a broker can automate the process of searching for and buying tickets so that it happens in a flash, and conduct hundreds or even thousands of transactions at the same time.
As explained by Consumer Reports, “Bots enable resellers to buy tickets in bulk by automatically completing online forms faster than a human can do by hand, submitting multiple entries at lightning speed, and bypassing authentication codes on websites intended to deter such software.”[3] A 2016 study by the New York Attorney General found that only 46% of tickets are ever made available to the general public while 54% are reserved for insiders and other specially delegated recipients (such as holders of special credit cards, to name one example).
Notable changes include: According to a report by the Congressional Budget Office conducted specifically about the BOTS Act, the CBO estimated that increased costs related to monitoring and enforcing the new prohibitions established by the law would total less than $500,000 per year.
[6] In addition, the CBO estimated that enacting the BOTS Act would increase federal revenues from civil penalties imposed to enforce the new prohibition; therefore, pay-as-you-go procedures apply.
They include the following: Regulating botted ticket scalping is not exclusive to the United States, as multiple foreign countries have adopted similar legislation.