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Topic: . (Read 134 times)

legendary
Activity: 2072
Merit: 2224
EIN: 82-3893490
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August 17, 2022, 12:46:23 PM
#8
Yeah I mean there are obvious situations where we run raffles for free or for charity, etc. but I am talking about when you're trying to earn BTC the whole purpose for running a raffle is to generate more, right. I can post an auction and leave it be and come back and declare the winner, you can't do that witha raffle it takes more work and time, neither of which are free, so I have been told by a trusted and reputable source that the general rule for raffles is to set the price around double the value. It's all relative to how much you value your time really. That is why some raffles stall or fail I guess, in any case this one is going for CHEAP!  Grin

I agree Smiley
hero member
Activity: 842
Merit: 640
August 17, 2022, 10:23:27 AM
#7
Yeah I mean there are obvious situations where we run raffles for free or for charity, etc. but I am talking about when you're trying to earn BTC the whole purpose for running a raffle is to generate more, right. I can post an auction and leave it be and come back and declare the winner, you can't do that witha raffle it takes more work and time, neither of which are free, so I have been told by a trusted and reputable source that the general rule for raffles is to set the price around double the value. It's all relative to how much you value your time really. That is why some raffles stall or fail I guess, in any case this one is going for CHEAP!  Grin
legendary
Activity: 2072
Merit: 2224
EIN: 82-3893490
August 17, 2022, 10:13:37 AM
#6
awesome! looking forward to seeing who wins this one!

Yeah me too man Smiley and I would also like to point out that the general rule when you run a raffle is that you set the price at double the item value.

In this raffle I have not doubled the items value, so it's basically half priced slots going by raffle standards.  Grin

really? I have been chewed out via dm's by many people if I start an auction at over face value. The way I see it though is if each slot is less than the cost, it is still a deal for whoever wins!

Not with auctions, but yes with raffles that is the general rule.

yes I was talking about raffles as well
hero member
Activity: 842
Merit: 640
August 17, 2022, 10:06:57 AM
#5
awesome! looking forward to seeing who wins this one!

Yeah me too man Smiley and I would also like to point out that the general rule when you run a raffle is that you set the price at double the item value.

In this raffle I have not doubled the items value, so it's basically half priced slots going by raffle standards.  Grin

really? I have been chewed out via dm's by many people if I start an auction at over face value. The way I see it though is if each slot is less than the cost, it is still a deal for whoever wins!

Not with auctions, but yes with raffles that is the general rule.
legendary
Activity: 2072
Merit: 2224
EIN: 82-3893490
August 17, 2022, 09:56:11 AM
#4
awesome! looking forward to seeing who wins this one!

Yeah me too man Smiley and I would also like to point out that the general rule when you run a raffle is that you set the price at double the item value.

In this raffle I have not doubled the items value, so it's basically half priced slots going by raffle standards.  Grin

really? I have been chewed out via dm's by many people if I start an auction at over face value. The way I see it though is if each slot is less than the cost, it is still a deal for whoever wins!
hero member
Activity: 842
Merit: 640
August 16, 2022, 11:48:15 PM
#3
awesome! looking forward to seeing who wins this one!

Yeah me too man Smiley and I would also like to point out that the general rule when you run a raffle is that you set the price at double the item value.

In this raffle I have not doubled the items value, so it's basically half priced slots going by raffle standards.  Grin
legendary
Activity: 2072
Merit: 2224
EIN: 82-3893490
August 16, 2022, 10:51:13 PM
#2
awesome! looking forward to seeing who wins this one!
hero member
Activity: 842
Merit: 640
August 16, 2022, 09:10:33 PM
#1
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