Ticket hopefuls may be in for an Olympic shock

A month-long wave of seismic hits to the nation's bank accounts is expected to begin tomorrow, when the London 2012 Organising Committee starts taking payment for tickets for the Olympic Games.

Some 1.8 million people have requested more than 20 million tickets, with over half the events oversubscribed and having to be allocated by ballot. Hundreds of thousands of people have submitted multiple requests for tickets totalling several hundred pounds or more, prompting concerns that, should they be allocated all or most of the tickets they have requested, many may not have the funds available to pay for them.

"I've put in a request for nearly £3,000 worth," said Bryan Longhurst, a banker from London. "I know for a fact I won't have the money if I get them all and I don't know anyone who does. Everyone I know is saying the same thing. They haven't got the money."

Former Labour Party communications chief Alastair Campbell recently revealed he had submitted a request for tickets totalling £6,000. Everyone who has submitted a request received an email reminder last week to ensure sufficient funds are available between 10 May and 10 June and to be aware that applications may be withdrawn if the money is not available.

"We have made it quite clear to people they have to be ready to pay," said a Olympics Committee spokesperson. "But if you don't have the money you won't lose your tickets straight away. You'll receive at least one further request to get the money together."

The organising committee, known as Locog, has said customers will have the opportunity to sell back any unwanted tickets, but they will have to buy their entire allocation first. They will not be allowed to buy only some of any tickets they are offered.

Payments for the 1.8 million requests will be spread out between 10 May and 10 June, giving organisers time to go through the mammoth administrative task.

The latest date customers will find out what tickets they have been allocated is 24 June. When buying tickets for some events, customers were able to specify a range of prices, in the event that their preferred price point was oversubscribed. Elevating people up and down the price tariffs in order to sell out events has proved particularly time consuming. Any tickets sold back to Locog will go on resale next year.

Applications closed on 26 April, with 6.6 million tickets available. Applications were received for every session of every event at every available price. Locog hopes to generate around £500m from ticket sales.

Track cycling, rhythmic gymnastics, triathlon, modern pentathlon, equestrian (cross country) and both the opening and closing ceremonies completely sold out. Swimming and tennis were also very popular.

Meanwhile several of the London 2012 venues will host "test" events this August, in a series of sports events under the banner "London Prepares".

Basketball and BMX will be the first competitive sports to take place in the Olympic Park itself, with events taking place from 16 to 21 August.

The mountain biking venue at Hadleigh Farm in Essex will host a competition on 31 July and the much-talked-about beach volleyball at Horse Guards Parade in central London will host a women's event from 9 to 14 August.

Suggested Topics
News
scienceExcitement from alien hunters at 'evidence' of extraterrestrial life
Life and Style
Customers can get their caffeine fix on the move
food + drink
News
newsRyan Crighton goes in search of the capo dei capi
Arts and Entertainment
Actors front row from left, Jared Leto, Jennifer Lawrence, Meryl Streep, Ellen DeGeneres, Bradley Cooper, Peter Nyongío Jr., and, second row, from left, Channing Tatum, Julia Roberts, Kevin Spacey, Brad Pitt, Lupita Nyongío and Angelina Jolie as they pose for a
film
PROMOTED VIDEO
Have you tried new the Independent Digital Edition apps?
Sport
sport
Life and Style
techCould new invention save millions in healthcare bills?
Sport
David Moyes gets soaked
sport Moyes becomes latest manager to take part in the ALS challenge
Voices
A meteor streaks across the sky during the Perseid Meteor Shower at a wind farm near Bogdanci, south of Skopje, Macedonia, in the early hours of 13 August
voicesHagel and Dempsey were pure Hollywood. They only needed Tom Cruise, says Robert Fisk
News
peopleEnglishman managed quintessential Hollywood restaurant Chasen's
Life and Style
food + drinkHarrods launches gourmet food qualification for staff
Arts and Entertainment
Michael Flatley prepares to bid farewell to the West End stage
danceMichael Flatley hits West End for last time alongside Team GB World champion Alice Upcott
Life and Style
Horst P Horst mid-fashion shoot in New York, 1949
fashionFar-reaching retrospective to celebrate Horst P Horst's six decades of creativity
News
Members and supporters of the lesbian, gay, bisexual, transgender (LGBT) community walk with a rainbow flag during a rally in July
i100
Life and Style
Black Ivory Coffee is made using beans plucked from elephants' waste after ingested by the animals
food + drinkFirm says it has created the "rarest" coffee in the world
Life and Style
news

As Voltaire once said, “Ice cream is exquisite. What a pity it isn’t illegal”

Life and Style
food + drinkThese simple recipes will have you refreshed within minutes
Caption competition
Caption competition
Latest stories from i100
Have you tried new the Independent Digital Edition apps?
Daily Quiz
Independent Dating
and  

By clicking 'Search' you
are agreeing to our
Terms of Use.

Day In a Page

All this talk of an ‘apocalyptic’ threat is simply childish

Robert Fisk: All this talk of an ‘apocalyptic’ threat is simply childish

Chuck Hagel and Martin Dempsey were pure Hollywood. They only needed Tom Cruise
Mafia Dons: is the Camorra in control of the Granite City?

Mafia Dons: is the Camorra in control of the Granite City?

So claims an EU report which points to the Italian Mob’s alleged grip on everything from public works to property
Emmys look set to overhaul the Oscars as Hollywood’s prize draw

Emmys look set to overhaul the Oscars as Hollywood’s prize draw

Once the poor relation, the awards show now has the top stars and boasts the best drama
What happens to African migrants once they land in Italy during the summer?

What happens to migrants once they land in Italy?

Memphis Barker follows their trail through southern Europe
French connection: After 1,300 years, there’s a bridge to Mont Saint-Michel

French connection: After 1,300 years, there’s a bridge to Mont Saint-Michel

The ugly causeway is being dismantled, an elegant connection erected in its place. So everyone’s happy, right?
Frank Mugisha: Uganda's most outspoken gay rights activist on changing people's attitudes, coming out, and the threat of being attacked

Frank Mugisha: 'Coming out was a gradual process '

Uganda's most outspoken gay rights activist on changing people's attitudes, coming out, and the threat of being attacked
Radio 1 to hire 'YouTube-famous' vloggers to broadcast online

Radio 1’s new top ten

The ‘vloggers’ signed up to find twentysomething audience
David Abraham: Big ideas for the small screen

David Abraham: Big ideas for the small screen

A blistering attack on US influence on British television has lifted the savvy head of Channel 4 out of the shadows
Florence Knight's perfect picnic: Make the most of summer's last Bank Holiday weekend

Florence Knight's perfect picnic

Polpetto's head chef shares her favourite recipes from Iced Earl Grey tea to baked peaches, mascarpone & brown sugar meringues...
Horst P Horst: The fashion photography genius who inspired Madonna comes to the V&A

Horst P Horst comes to the V&A

The London's museum has delved into its archives to stage a far-reaching retrospective celebrating the photographer's six decades of creativity
Mark Hix recipes: Try our chef's summery soups for a real seasonal refresher

Mark Hix's summery soups

Soup isn’t just about comforting broths and steaming hot bowls...
Tim Sherwood column: 'It started as a three-horse race but turned into the Grand National'

Tim Sherwood column

I would have taken the Crystal Palace job if I’d been offered it soon after my interview... but the whole process dragged on so I had to pull out
Eden Hazard: Young, gifted... not yet perfect

Eden Hazard: Young, gifted... not yet perfect

Eden Hazard admits he is still below the level of Ronaldo and Messi but, after a breakthrough season, is ready to thrill Chelsea’s fans
Tim Howard: I’m an old dog. I don’t get too excited

Tim Howard: I’m an old dog. I don’t get too excited

The Everton and US goalkeeper was such a star at the World Cup that the President phoned to congratulate him... not that he knows what the fuss is all about
Match of the Day at 50: Show reminds us that even the most revered BBC institution may have a finite lifespan – thanks to the opposition

Tom Peck on Match of the Day at 50

The show reminds us that even the most revered BBC institution may have a finite lifespan – thanks to the opposition