> I am sure there have been plenty of scalpers at it who will gladly 
> give you a second chance, albeit at a markup. 
>

Google has changed the rules somewhat, so the likelihood of scalpers 
getting tickets is reduced. 

 Google I/O 2012 registration terms and conditions: 
   
   - An individual can only purchase one ticket.
   - Tickets may only be used by original purchaser. Tickets may not be 
   resold. The resale of a ticket will render the ticket null and void without 
   any responsibility to Google. 
   - Tickets may be transferred at Google’s sole discretion. Google 
   reserves the right to reject any transfer requests. 
   - Persons who are: 
      1. residents of embargoed countries,
      2. ordinarily resident in embargoed countries, or
      3. otherwise prohibited by applicable export controls and sanctions 
      programs may not attend the conference.
   - In order to register, users must have a Google Account and access to 
   Google+.
   - Photographs and/or video taken at Google I/O by Google, or others on 
   behalf of Google, may include your image, voice, or likeness. You agree 
   that Google may use such photographs and/or video recordings for any 
   purpose without compensation to you. 

  

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