Bitcoin Forum

In the history of the basketball field in the Philippines, this is the first time that Gilas will be able to compete against team USA, I am sure that its arena will be full in the year 2023. Many people will likely bet here on which team will win.

But also make sure that the tickets will be very expensive for those who watch here. If you look at it from another angle, the USA going to the Philippines seems like this team will make a lot of money for the Filipinos. Although, it looks like it's worth it anyway because it's the first time it's going to happen. I'm just not sure if this will be the ticket price for those who want to watch this game.
https://i.ibb.co/YR1HZSY/FIBA-PHP.png (https://imgbb.com/)


https://i.ibb.co/xMr6363/FIBA-TICKET.png (https://ibb.co/WcRfsfs)

---

Reference: https://www.cnnphilippines.com/sports/2022/12/12/Team-USA-2023-FIBA-World-Cup-group-phase-games-Manila.html

The ticket is quite expensive but its an opportunity of a lifetime to see your favorite NBA player the team Gilas will be tested and they will level up their games because they are up against the best players on this planet, honestly, Team Gilas has no chance to get into the finals but just landed in the top 5 is already good, the highest position that the Philippine achieved was 3rd place and its been 70 years.

To be honest, I think that the price of the tickers are reasonable enough for you to witness the greatest NBA team in the world. It is already considered rare to see your favorite NBA players compete with some of the best. But in this case, you get to see all of the allstars combined playing in one night. Again, this is an opportunity of a lifetime where I would definitely purchase a ticket to watch it. I just hope that they do not further increase the price and they release it with available stocks.

In reality, however, I would be able to purchase the cheapest ticket as $400 for the next ticket is way too high for my budget as a student.

Technically speaking, there is no draw yet, it will be held next year, it just that the team USA was just assigned to play in the Philippines either in MoA or Araneta Col. So team USA vs Philippines is not sure yet but it is not impossible to happen if and only if PH team will dominate the game and got a chance to world's bests including USA.

About the ticket fees, well, expects it will be higher since this is a world cup than those typical PBA match, but not so expensive. Or the association will probably face a slap from the public.

Why so much concern about the ticket pricing? The lowest tier starts at $45, which I believe is fair. Average monthly wages in Philippines are around $500, so it is not like the tickets are very expensive. First of all, we need to congratulate the FIBA, for their decision to stage this major tournament in Asia. Had they hosted it in the United States, then in all probability they would have earned much higher profits. But they selected an Asian country, in order to popularize the sport further. My respect towards FIBA has increased a lot as a result of this. 

I think you're wrong with the average salary in PH, just check the minimum wage at the present. Also, majority of the filipinos won't afford such amount because they'd prioritize other things for sure, which are more necessary. Leave it alone with avid fans of Basketball who can afford spending to watch this game.

Going back, I think a battle versus the foreign team won't happen. They have tried it before when NBA stars visited the country but their management didn't allow a serious game; it was more of an exhibition and also, if both teams would get serious, for sure PH would be at the disadvantage for height and skills ofcourse, everyone knows that so there's no need for a betting game on this one.

The first result in google:

How a $500/mo salary supports decent living standards in the Philippines (https://www.outsourceaccelerator.com/articles/how-a-usd-300-monthly-salary-supports-decent-living-standards-in-the-philippines/)

It has very detailed analyses of average wages by sector, but it seems to be talking about a somewhat lower average wage by 2020, but not by much:


In any case, there are those who spend anything on sports events, even if it means a great financial effort, and even go into debt if necessary. An example of this is the Argentinians.

Yeah, I do agree it's quite expensive and for sure those who have a lot of money to spare can watch this game live and have the privilege to interact with the NBA players.

But we all know how Filipino is, they probably save money just to be able to watch their favorite NBA players, there could be die hard fans around that is willing to pay that much money. However, not me though, most likely I just wait for it to watch free on TV or maybe it could be stream for me, who knows.

How I wish I will get lucky to save that kind of amount without my wife getting mad at spending it on tickets for that expensive day.  :D
Big fan of NBA players especially the young stars now but it's a lot of money.
I hope there will be events where they give free tickets to subscribers or maybe a game like what they do for concerts of known singers, artists, and bands.
Usually, radio stations do have this kind of promotion and they really give it because my friend experienced it before winning a Linkin Park special ticket.

I have never travelled to the Philippines, so you may be right about the average salary. But then, FIBA won't be happy if the gate collection gets reduced. The world cup happens only once every 4 years or so, and they want to maximize the revenue. Also, this time the world cup is being co-hosted by 3 different countries - in addition to Philippines, there are matches scheduled in Japan (Okinawa City) and Indonesia as well. So you can't have lower prices for ticket in one country and a different pricing for another.

   - This is the first time that this will happen in the Philippines, many PBA fans will for sure come here, even NBA fans here in this country will attend of course.

The rich will probably not miss that opportunity because it will only happen once and may never happen again. If I can only afford to buy the most expensive one I will do it, it's just not practical in my budget, maybe I can only get the lowest ticket...

I thought that the Upper Box will be less way cheaper since general admission wasn't that of a thing since it's just around 2k PHP. I think it's worth the Upper Box for the semis and the finals since it's still evident that the team USA will still be on that feat, they'll make it to the semis or quarterfinals.

This ticket is too expensive for me cause I can't afford such hard earned money but in future I might be able to do do these types of tours cause it's my dream to fulfill such destinations that could be a joy for me.
Basketball is a great game but not all people are fans unlike me that I am a keen fan of playing basketball. There are many big players that will be able to make name but still basketball cannot dethrone Cricket and Also Football.

Is there a dedicated thread to the FIBA World Cup of 2023? I couldn't find one and I believe that this thread can be converted to the tournament thread. If it is not possible to do that, then the best thing to do will be to close this thread once the current discussion is over. But then there is still 9 months to go for the tournament. It maybe a bit too premature to start a dedicated thread for the 2023 World Cup, unless we have anything solid to debate upon. Fortunately the qualifying process is complete and we know in detail about the participants.

I can already see well-known like people celebrities, politicians, rich businessmen etc... going to watch this match. basketball is a very big thing in the Philippines and I am pretty sure a lot of Filipinos would spend a lot of money just to see their Favorite NBA players in a match with their favorite PBA players. just curious, do you guys have any estimate on what will the odds be in this match?

Do you mean by all matches? It's hard to estimate the odds for that bro. There are different groups that will play here.

If only by group or a specific country, for example, all games by TEAM USA, maybe we can estimate the odds.

But honestly, estimating odds doesn't make sense. Let's just wait for these games to be listed.

no, I am not talking about all the matches, as you said, there are too many of them and would be pointless to guess all of them. I am just talking about the match between team USA and team PH, that is why I said, "for this match".

maybe you are right but I thought it would be good or fun to know what people think about what the odds will be for this match between team USA and team PH.

Team PH and Team USA won't face each other bro.

That's the reason why I ended up asking that question to you because I thought you just mistyped the word "this match" but instead you are referring to some other matches. Hope that clears. :)

It's just happened that PH is one of the host countries of FIBA World Cup 2023 but it's not automatically that Gilas will face Team USA.

But just for fun, my guess would be; Team USA @ 1.01 ; Team PH @ 12

500$ is an average salary for a professional worker not the minimum wager. Minimum wahe earner only earns half of your assumptions not included all the tax charges onmthe salary. The lowest tier for 45$ is still insanely high(not considering the value of the game) for normal Filipino worker which is most common baskerball fans here. Besides the lowest tier view is just like watching dots from above and you are mostly just watching on the screen to see the close up action.

The only good on availing that low tier seat is the crowd experience since most of the people purchasing that seat are those very cheerful and excited to watch the games.

Not sure about some popular arenas here in PH, but referring to Smart Araneta, Upper Boxes do have a good view. The one you see on live stream or TV is way different when you are on a Live Game as a Live Audience. Been in Smart Araneta several times already and the usual tier we always choose is lower tiers (Upper box Section). I will disagree that the view on that tier is like watching dots. It's very clear and has a good view.

Anyways, did FIBA already mentioned the possible venues for the games that will be held here in PH?

looks like I misunderstood the Original post. thanks for clarifying it and making me check it the second time. it mentioned there that would be the first time that Gilas will be able to compete against Team USA so I thought they'd be facing Team USA in the group phase.

I also expect higher prices for each ticket but not that expensive based on the prices shown by OP, Filipinos themselves will hardly afford it but only big businessmen will do. However, if this event will turn into reality, I guess it will also be a great privilege for Filipino players to have a match with the US team. Even if they lose in the end, it’s like they also win since they are lucky enough to fight with their idols in the NBA.

Im not really that surprised with those ticket prices specially if this event comes to be the first in history then pretty sure that there would be people who would took a loan just to see out their idols playing out.

Also its not necessary that would really be purchasing that lower box premium entry but rather you do with that Category 5, if you could shell out more money to be in the closer sight
then it is really your choice. This doesnt only talk about the game but rather seeing their idols on close range or in real which i do see for the price to be worth it imho.

I've seen the ticket prices and they're totally expensive, especially for people in our country. But you know what, it is not all about the ticket but the history and the fun that Team USA will bring to the Filipino crowd, we're a basketball nation, and having the match done in our country is groundbreaking. My friends were freakingly discussing this and I don't know if they've given me a hint that they'll be going and purchasing the ticket but this is also about gambling, I know that everyone is starting to think who will be the match up against Team USA then and the odds will be.

The seat price is quite expensive for average Filipinos, but I am sure in team USA games, it will still be fully packed. It is very seldom that we can see NBA players play in our country. Filipinos will surely save to watch the games live.

---

Betting-wise, it is hard to bet against team USA if they are not against teams coming from Europe. Moneyline for sure I will bet for team USA even though I know the odds won't be that attractive. Maybe bookies will give us attractive handicaps.

Even if that is expensive, I’m pretty sure the arena will be sold out and many will watch the game live. This is indeed a great opportunity to watch them live, and probably have a chance to take a picture with them. Playing against Gilas probably will be their easiest game but it doesn’t matter to many as long as the USA team will be composed of NBA players, it will be more worth it. Can’t afford this kind of ticket though, will just watch on tv and cheer for both teams.

It will be labeled as one of the most expensive booked events in history too lmao. The prices shown in OP and in the article is just the very first game which is way cheaper than the other last 2 games, its very expensive.
But of course, the experience will be different seeing your international idols playing in person, that's what it matters.

Game 1: ₱2,499-₱52,999
Game 2: ₱2,799-₱121,399
Game 3: ₱5,599-₱231,399

Source: https://philippines.worldcup.basketball/

Well, I have no doubt that it will be an interesting and remarkable game for the Filipinos, especially since they will be able to face the biggest team in all of the world.
Sorry for the ignorance of my question, but what are the estimated ticket prices!!?
Has Team USA been selected yet? what could the US roster be?

If we do base up on standard of living and economic situation plus those standard wages then those in minimum would really be considerable but on that max or most expensive ones are sitting around 2-3 months salary amount on Game 1 and on that Game 3 would be sitting around a year salary of a certain individual which  does really simply says and shows that the ones who would be buying those
top spots are those big businessman or something does have the financial power and capacity.It isnt really worth on spending that big for a show
if you are just a regular wage earner. lol

Looks like others really questioning the capability of Pinoys to spend big on big events like this. Better stop that average salary discussion lol.

Believe me, the venue will be jam-packed once the event commences here. There are lots of people here in the country who can afford to buy that tickets for that once-in-a-lifetime experience as it's unclear when it will happen again in the future.

Don't stick too much with the idea that Pinoys can't handle the ticket cost. It's "TEAM USA" we are talking about here.

Agreed, the discussion is about the USA team and things have got moved on different direction.

In the FIFA World Cup it is not the people from Qatar alone. People who have been agonizing to watch World Cup football got an opportunity, so many from the neighbouring countries made a visit as it is affordable. The same can't reach USA for the upcoming football World Cup and bear the expenses.

Same as that it is not about the Philippines people, we'll see good number of viewers from outside the country. For them reaching Philippines and spending won't be big compared to the first world countries. So, it is not about the ability of the pinoy. It is an opportunity for pinoy and for the people around Philippines .

Big and popular events are always sold-out here in the country.

What's more, if we talk about big basketball events like FIBA and NBA players playing here in the country.

I'm sure to see full live gate attendance here at the venues. Many are surely saving now to witness this.

There are a lot of people who can afford that and would be willing to spend money on that because it’s their first time here. It’s just like the other events where it’s going to be sold out probably because there are scalpers and also people who would be willing to pay for it. I can't think of people who would resell it at that rate to that of money to be bringing on the streets, especially in the Philippines.

I am a bit confused. I went to the website, and it says that this is "team pass". For example, for ₱2,499 you can purchase a team pass which will allow you to watch all the 5 matches of your team in first round and second round.


So that comes to less than ₱500 per match ($9). For me, this looks incredibly cheap. If I am not wrong, last time (2019), the tickets were priced at many times this rate. You guys should actually thank the FIBA for making tickets cheaper.

Actually, yes, i just read it again. But this is only for the team PH games to whom they will play to, still depends on the draft. The chance of seeing the US team play PH team is still unknown.
But still, 500 per match is cheap, only category 5 seats and its already out of stock/slot.
The only thing is that, tickets are sold by package, not for particular games. So if you want to choose category 3 seat, you need to pay one time payment for PHP 41499 or PHP 8300 for each games.

Category 3 is like premium seating. Cat 5 accounts for around 70% of the seats and it is the more affordable one. FIBA gets most of it's gate collection from the remaining 30% seats, which are more expensive compared to the other categories. So you can't force them to make these categories (Cat1 to Cat4) cheaper. If I am not wrong, for the FIBA Women’s Basketball World Cup 2022 the ticket prices were much higher (cheapest tickets were around $20 per match). And even for this world cup, the cheapest package for the matches in Japan start at ¥75,000 ($564). 

Obviously, coz it is more expensive than the other 2 category.
It's only an example of mine in relation on a one time payment for all of the games, and there's no refund going to be made. So you need to go there whatever happen to you personally before the games also its prohibited to resell the tickets.

And no, the Cat 5 won't even cover 50% of the sets, maybe when Cat 5 and Cat 4 is combined to make it 70% of the total seats.

Philippines seems to be one of the most fanatic country in terms of basketball specially NBA so this event will fill the viewers seat for the games , as FIBA is the biggest basketball game in the world .

Congratulations for Philippines being the Host of world cup in 2023.

Looking forward to bet for the event .

I confess that I had not realized the ticket prices above.
I carried out a quick analysis, and I confess that the values may be a little bit expensive, perhaps due to the salaries that some Filipinos have or even
because they have a currency of their country that is not "very strong", compared to a developed country.

Well, I also agree, I believe that, if the tickets are a little bit expensive, I have no doubt that they could sell out quickly, because as already mentioned, this will be an unprecedented event and we cannot know precisely when will Philipinas hold another event of great magnitude like this one.

From 2k to 23k? I know that the Gen Ad will be at the top and you really can't see it well in the court though there's a big screen there but it is really expensive to watch it even in the upper box and yet they will charge you around 23k that's really ridiculous I'll just watch on the TV and just place bet online instead of wasting it on a seat where I won't be able to fully see it and just watching only on the screen too.  ;D

But for sure? the ticket will be sold out because NBA popularity is really that much  in that country ,  and also there are many people from around Asia that will go the Philippines just to Meet or watch their NBA players inside the court Live so yes this will be a big event and a great chance to watch them.
but like you? maybe will be watching pay per view if available so my whole family and friends can enjoy the games.

Yeah, the experience of watching them live is totally a different experience. If I've got that much money, I'd love to watch and have the closest seat next to them.
But as we know, pandemic and crises have happened and this amount of money is somehow hard to spend for wants like this instead of having the necessity and basic needs that we want.

Set your priorities and setting aside those things which you do know that it could really be a huge spending and something that you cant be able to accumulate or save up on long time.
Yes, we do have those kind of wishes and likes on seeing our idols playing closeby or could really be seen by our eyes but there are situations which cant really be avoid out specially
when we do talk about finances.

Not all does have the capability on buying those tickets or entrances which those prices are really that totally absurd.You cant really just make yourself
spending up on something which you could see on TV but well its totally different but i wouldnt really be bulge out on forcing myself
into something that i cant do.

Yes, I forgot to say that staying at home and having some snacks while watching a match is what I like to do. Free from the hassle of commuting in the metro and still can watch it in my comfort.
I know how entirely different it is to experience it to be there but who knows what will be the situation when it comes to now, I'd say that I'll keep the money and have my priorities set.

I would definitely do the same and even though it is really that totally different experience but if you do put up some realizations on there are things which is more priority than on spending lots
for a particular game then making up a decision would not really be very that hard.
If you do have some extra money to shell out which is something doesnt affect your overall savings or investment funds then go ahead but if you are compromising
one of your investment just to look something like this then it wouldn't be worth.

The rare experience is what really wants us to go there but looking at the surging ticket price, that's just going to be okay to pass. Having extra money and don't have that much burden is totally okay spend that much anyway.
If I'm single and don't have any other obligations to do, I'll definitely go there in a heartbeat and it's no brainer that I will have no doubts if I can get a ticket but things have changed when you're no longer single.

When you do already have the family then you would really just easily make these things to pass by and wont tend to spend up money which you could really spend it into other various things specially for the needs of

your family which it is really that something that you would be minding rather than following on things that makes you happy or what you are wishing for when you are still single or doesnt have obligations.
Lets just accept that fact but if you are that someone who do have that tons of money to be able to spend on then its good but if not then we do have other priorities which we should take note first.
Even myself does really want to go on seeing those NBA stars playing but due to location and money restriction then it would really be just remain as a dream.

Oh.. OK.. looking at the map, I thought that it covers a larger area. Even 50% is a large number. In the end, FIBA needs to make money and along with TV rights and sponsorship, gate collection is an important avenue for them. Also, they can't let the Japanese fans complain that the ticket prices are different in different locations for the same tournament. As I posted earlier, the lowest priced pass for the Japan segment is priced at ¥75,000 ($560). Anyway, this is once in a lifetime opportunity for basketball fans in Philippines and I am sure that they will make use of it.

Even if I have a family, if there's just some spare or I've got enough savings I'd go there. But yeah, the point is to prioritize what we have to prioritize.
This is once in a lifetime and I'm sure that there are folks that have already on the preparation to go there and want to see their idols live and it's  like a gift to themselves.
Anyway, I know that someday that we'll be able to see them close and have an interaction that we will always remember.

Can you guys just keep it to yourself? You shouldn't bother with those people who are willing to spend money on tickets as the level of interest is different between you and others. As for me, I really badly want to purchase a ticket but I will skip that part not because I have priorities but instead because I'm not really capable of buying it lol.

Just mind our own business as that's their money after all. We don't have to apply our own opinion to other people.

Let them enjoy that experience regardless if they will end up hungry after the event lol.

Its really indeed none of our business but cant really just able to avoid not to make out  some reactions or sentiments towards those prices specially if you are really that aware that it isnt really
just a small amount to be talk about on which there's no way that a certain salary earner would really be spending up tons of money just for this game.
Its true that level of interest and wishes do really vary on each person and we know that life couldnt really be just fair on  which there are ones who are really that
financially capable on buying out those tickets with insane prices.

They are trying to regain some profit that are affected before because of the pandemic and FIBA knows that Pinoy loves basketball and with this team USA playing in the Philippines, for sure many will grab this opportunity to watch them live. If I only have the extra money, I will surely grab this opportunity to see NBA players, playing in our own court. Though no news yet about the players of USA but I hope that NBA players will come here.

Just to be fair though, a lot of NBA players have been visiting the Philippines or has visited the country for many years because they know that Filipinos love NBA. We have Pinoy blood in the NBA too right now, with Jordan Clarkson and Jalen Green, who visited the country as well way before he become a NBA player, so I wouldn't say that this is once in a lifetime opportunity for us. Maybe for those who are born in the 2000's this could be their opportunity. In 2011, same of the best player visited the country as well, including Kobe Bryant (RIP), Durant and CP3, and James Harden and others:

https://i.imgur.com/5ywAinw.png

https://www.spin.ph/basketball/nba/how-have-these-9-nba-stars-been-since-2011-manila-showcase-a2437-20200804-lfrm

Even Lebron James visited Philippines too in 2017, his 3rd visit.

https://i.imgur.com/LuoGh4j.png

https://www.reuters.com/article/us-basketball-nba-philippines-james-idUSKCN1BD0IS

It's a business, you can't do business without getting profit. On the other hand this is a one in a lifetime opportunity to basketball to fans, besides this is not compulsory lol. Of course those who can afford only will try to buy such tickets and it's fair enough actually.

Agreed. This event only occurs once in a while and FIBA needs to maximize their profits. Also, they need to make sure that everyone gets the opportunity. If the tickets are priced lower then people would start hoarding them and this will reduce the opportunities for ordinary fans to watch any of these matches live. And I have already pointed this out - ticket prices for the Philippines edition are much lower than what they have in Japan. The most affordable pass for the Japanese edition is priced at $560 or so. I would say that the current ticket prices sound fair to me.

This is on point but that's why we're saying that it's likely once in a lifetime opportunity for most. Because we don't know if the next time that they'll come again is that we're still able to afford a ticket or if we're in a good situation for which we're free on schedule by that time.
I get to say that events like this is once in a lifetime opportunity because you'll never know when the next one is coming.

For real guys, where did you get that kind of idea ???

Being a chosen country as a host for FIBA World Cup does have due process to be able to be selected. Participating countries submit their own bid then it now depends on the FIBA Central Board to make the decision.

That is the big reason why TEAM USA playing here in the country on its FIBA group is considered once a lifetime as it might take a decade before this can happen again and that is even not sure. If ever we might see PH hosting a FIBA again, it might not be TEAM USA anymore that is bound to play here but another team instead.

Hope that clears. :)

$45 for the tickets are not bad at all to see some of the greatest in the game.  Maybe relatively speaking because of wage discrepancies, but in the US those ticket prices would go for hundreds if not thousands of $ for closer seats.  Price of entertainment is high but worth it if you are a die hard fan.

That's what others don't get it. The feeling is not mutual for those who just know basketball and for those die-hard fans. If others looked at the price of a ticket as pricey, then so be it but don't generalize that buying those tickets is somehow not practical.

As I said, we should even not talk about these average-salary concerns, etc. That was out of context. Tell that to a die-hard fan lol.

If others don't want to purchase a ticket for their own reasons, then just allow those other people instead who have the interest to buy tickets for their own reason too. During the time Vince Carter visit our University way back in my college days, I really got stunned seeing him. What's more, the level of excitement if there are lots of NBA Superstars at the same time in front of my eyes.

Just to be also fair though, NBA players visiting the country is part of a world tour and it can't be compared with them as Team USA directly competing in FIBA matches here in the country. The impact can't be compared. When NBA players paid a visit to the country, they will just play in an exhibition match but here in FIBA, the competition is serious.

It's a rare chance for a country, especially the Philippines to settle a slot on being a FIBA host country, It just also happened that PH chooses Team USA but in the future, it might not going to happen again and Team USA will play in another country instead. It's a once-in-a-lifetime experience to see Team USA playing here in the country for FIBA as the chances of happening again are rare. The excitement is not the same when NBA players are just visiting the country.

There are really people who do really love to make out some assumptions which arent that possibly true or something thats no sense.If they are making those prices then those are well planned
and it might be looking that expensive but those are just understandable because there are spots on a venue which you could really make yourself that in near with those basketball idols
and this is why it is really that just right that they would really be costing more money.At least we do have the options and you arent that forced to go if you dont have
money then you do just simply shut up.

Besides there are other options, if they do not want to spend a dime on the match, they can always watch on stream or tv.  I do not think that they are milking Filipinos here, this is a rare event so it is obvious that price of ticket will be more expensive.  But considering it enable the holder to watch all the five games of Gilas in group phase, it isn't bad at all IMO.

I think at the very least it will be a cool basketball event