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Old 10-05-2010, 03:42 PM   #7
8cd03gro


 
Drives: 2005 STi corn fed
Join Date: Jul 2008
Location: Colorado
Posts: 2,997
Quote:
Originally Posted by SSLarry View Post
Here's the math...

Lets say you won and had to dump that fugly thing on Ebay for say, $35,000. Your one-in-2500 chance means the true value of the ticket is 1/2500 * 35,000 = $14. You are paying $100 per ticket for a loss of $86.

But hey, Vegas exists for a reason.

Go fot it
For one, I'm sure that car would go for more than 35k at auction. Second, when is the last time you heard of a raffle where the ticket cost equaled the total value of the prizes? That would be a pretty pointless raffle
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