Many tours booked from outside of Mongolia offer REALLY EXPENSIVE tickets for the most celebrated festival in Mongolia - the Naadam Festival held from 11 July to 13 July.
At Nassan’s Guesthouse, Nassan seemed to be able to buy the tickets at the local price of T2000, subject to availability.
The Opening Ceremony is quite tacky actually. Besides the usual people decked out in traditional Mongolian costumes and warrior outfits, there were Mickey Mouse, Goofy and Xena-lookalikes. Don't ask.
Still, the events are rather interesting with wrestling (which can get boring after a while) and archery competition and on the next day, a horse-racing event held at Yaamag. The mood is very festive with all the Mongolians out to enjoy themselves in the food and game stalls set up around the stadium and fields.
Website : http://www.csen.org/Mongol.Nadaam/Mongol.text.html
Avoid carrying your knapsack on the back, there are a lot of pick pockets cutting your bags with knife.