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LOCOG allows reselling of London Olympics 2012 tickets

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LOCOG allows reselling of London Olympics 2012 tickets
The London Organizing Committee for the Olympic Games have recently made the announcement that the people who have already bought the tickets for the London 2012 Olympic Games last year will have the facility to resell their tickets.
This opportunity will be made available to the owners of the tickets through the official website for the Olympic Games.
However, the owners of the tickets have a deadline until which they can decide and sell their tickets. The official website of the London Olympics will give the reselling opportunity until May 3, 2012 to the ticket holders. The window cannot be extended
much further because the LOCOG kept some tickets in reserve in order to be sold in May 2012.
There were a total of 1 million tickets that were held back so that they could be sold this year however, 10,000 of them have been made unavailable due to a ticketing glitch. The LOCOG as well as their ticketing agent Ticketmaster have admitted that 10,000
of the Olympic tickets have been oversold due to a human error committed in the ticketing process.  
It was not the first time that an error was committed in the ticketing process of the London 2012 Olympic Games or that the process came into the limelight negatively. The LOCOG adopted a ballot style of ticketing in which the prospective buyers first had
to give in an application for the buying of the tickets. Each of these applications asked the applicants to list down the events they would like to see in order of preference. The tickets were then given to only those applicants whose applications were selected
from the ballot done later on.
There was widespread dissatisfaction amongst the public concerning the ticketing method adopted by the LOCOG. Not only that, the official website of the London Olympic Games was not fully equipped to deal with the heavy traffic during the time that the ticket
applications were made open.
Despite the fact that the LOCOG has announced that the ticket holders can resell their tickets, there might not be many available for sale as few would want to miss out on the chance of watching the Olympic Games live.

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