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What is a 50/50 raffle event?
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May 31, 2022 · A 50/50 raffle is one of the simplest fundraising ideas with a reliable and proven ROI. Unlike a traditional raffle, there’s little to no upfront cost. With a 50/50 raffle, you don’t need to plan and purchase a physical prize.
- Use a double raffle ticket roll. A double raffle ticket roll is where purchasers buy a raffle ticket and write their name, address, and phone number to leave it with the nonprofit to win.
- Choose a multi-winner model. Most 50/50 raffles choose one winner to split the pot with the nonprofit, but if you hope to get more people interested in purchasing a ticket, you may want to split the pot even further.
- Sell raffle tickets online for more outreach and money. Nonprofits should sell raffle tickets online by creating an online event page that is easy to market via social media and email marketing.
- Offer rewards to supporters promoting the raffle. Social media shares have the greatest impact on your fundraiser’s success. 50/50 raffles depend on greater participation.
Sep 25, 2024 · What is a 50/50 raffle? A 50/50 raffle is a simple fundraising tool to add to any event. All you need is an enthusiastic crowd, a group of volunteers, and raffle tickets. 50/50 raffle ticket prices can range from $1 to $20 to encourage attendees to purchase more than one.
Dec 23, 2023 · What is a 50/50 raffle? It involves selling tickets, with proceeds split evenly between the winner and the organizers. Learn key tips for planning raffle fundraisers.
Jan 18, 2024 · What is a 50/50 Raffle Fundraiser? A 50/50 raffle is like a party where someone could leave with a cash prize. Participants purchase tickets, and the winner walks away with half the total money raised while the rest goes straight to your charity. The cool thing about a 50/50 raffle is that the more entries you get, the more the pot grows.
What is a 50/50 Raffle? At its core, a 50/50 raffle is a fundraising technique that involves the sale of tickets to participants, with the proceeds from ticket sales divided evenly between the organization hosting the event and one lucky ticket holder.
Dec 29, 2021 · Everything you need to know about the most common raffles for fundraising. Includes 50/50 raffles, Chinese raffles, and more.
