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Raffle Ticket Prices


AnonyMouse_705

Raffle ticket prices   

28 members have voted

  1. 1. Please tick the option that you would prefer to be offered and would make you buy the most tickets

    • 20p per ticket/£1.00 per book
      22
    • 40p per ticket/£2.00 per book
      1
    • 50p per ticket/£2.50 per book
      3
    • £1.00 per ticket/£5.00 per book
      2


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Something sticks in my head about some regulation or other that says you can't offer books/pages of raffle tickets at a cheaper price (per ticket) than the cost of one ticket. I can't back it up, but I think it was to do with turning a lottery (selling raffle tickets) into gambling (because you are enticing people to buy more tickets than they normally would).

 

But it might all have been a dream...

 

Maz

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So these are all books of 5 tickets?

 

I'm afraid round here they're still paying 10p a ticket and when we increased them to 20p once there was an outcry! I'm sure there's some mathematician that can work out the odds on winning if you've bought £5 worth at 10p each as opposed to £5 worth at £1 each - I just know the latter uses less paper and takes less time to fold into the 'bin'

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These are all OK as 5 tickets a book at say 20p is £1. What you cannot do is sell tickets for raffles, tombola's etc. at a reduced price for extra tickets to encourage people to buy more, so you couldn't charge 20p each but 80p for 5. A raffle etc, is gambling and you must offer all punters the same odds for the price. Don't forget that for draw you must have a license.

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Hi Deb

 

It's me again! I suppose it depends a lot on 'where you are' and peoples/parents financial circumstances........

 

I'm the one who voted for the £1.00 each £5.00 a book - simply because from experience I know that works OK in my 'neck of the woods'..........I think that I was trying to maximise your profit.......if you offer the 20p each £1.00 per book won't people buy just one book.........

 

Good luck - oh and the prizes look fine to me....when I buy raffle tickets I never expect to win.....I just buy them because I am happy to support the 'cause'!!! :o

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this is a hard one to answer, as it will depend on locality and people who are buying.

 

in my last setting it would have to be the lowest option, not a choice because of their circumstances

 

but where I live the preschool could easily charge the higher option and do well

 

circumstances and location and audience have a lot to do with how to set the costs..

 

Inge

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When I was a little girl I had some tickets from church (or school and they were 5p each - possibly still a shilling) and I went around the neighbours and I gave them all a half price deal and sold them for 2 1/2p (or sixpence!). My mum was furious as she had to put all the extra money in! I sold them all though!

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When I was a little girl I had some tickets from church (or school and they were 5p each - possibly still a shilling) and I went around the neighbours and I gave them all a half price deal and sold them for 2 1/2p (or sixpence!). My mum was furious as she had to put all the extra money in! I sold them all though!

 

I love it! :oxD:(

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