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Thread: Homecoming 50/50 raffle

  1. #11
    Join Date
    Feb 2014
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    24,516

    Default Re: Homecoming 50/50 raffle

    Quote Originally Posted by THEsocalledfan View Post
    So, in essence, they are putting in $25k at risk. So, in essence, they need to sell $50k more than normal (over and above normal sales) to break even from where they would have been for profit. I'm curious if that math would work; count me as skeptical.
    Yea it's gonna be close. 4-5 years ago it was a must to grab $20, $50 or $100 of those, last few years have waned.
    NDSU TO FBS. HAVEN'T WE WON ENOUGH?

  2. #12
    Join Date
    Sep 2003
    Location
    Fargo
    Posts
    9,263

    Default Re: Homecoming 50/50 raffle

    They specifically say the pot STARTS at 50k not guaranteed to be 50k. So to me that means Teammakers put up 50k to get things started. Also assuming there were no "tickets sold" for that 50k. (legality of it I have no idea)

  3. #13
    Join Date
    Oct 2011
    Posts
    7,462

    Default Re: Homecoming 50/50 raffle

    Last year when no one claimed the 50/50 for the Indiana St game the pot for the USD game started out at $45k and got to $197k (so basically tripled a normal game with the extras people bought). That was with a few thousand empty seats IIRC. With a homecoming sellout and the pot starting at $50k it should eclipse $200k easily if they stay on pace with the USD game last year meaning the winner will get over $100k.

  4. #14
    Join Date
    Sep 2003
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    15,658

    Default Re: Homecoming 50/50 raffle

    Quote Originally Posted by Professor Chaos View Post
    Last year when no one claimed the 50/50 for the Indiana St game the pot for the USD game started out at $45k and got to $197k (so basically tripled a normal game with the extras people bought). That was with a few thousand empty seats IIRC. With a homecoming sellout and the pot starting at $50k it should eclipse $200k easily if they stay on pace with the USD game last year meaning the winner will get over $100k.
    Exactly. Teammakers will easily make up the $25k extra going to the winner.

    508 In a row

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