Ticket sellers....

[Mourne Red]

chuckling, had guys at the door from another county selling tickets for their club, asked them to contribute to the armagh development draw as a quid pro quo.
they said no
so I said no bother , its a no from me then

They must have knew your Armagh draw was a scam

https://x.com/mccoyniall/status/1793963077215404144?s=46&t=zMI0pHqP8aYtYYerofczvg

[LC]

The Armagh draw popped up on my Facebook feed the other day, £25 per ticket for a chance to win a house in Downings is good value compared to regularly paying £20 where max prize is £10k.

Seems to good to be true?

[Tony Baloney]

The Armagh draw popped up on my Facebook feed the other day, £25 per ticket for a chance to win a house in Downings is good value compared to regularly paying £20 where max prize is £10k.

Seems to good to be true?

Seen it too. I think it's a house or 250k. Pitched at a good price to attract a lot of sales.

[Never beat the deeler]

The Armagh draw popped up on my Facebook feed the other day, £25 per ticket for a chance to win a house in Downings is good value compared to regularly paying £20 where max prize is £10k.

Seems to good to be true?

If you're comparing 'value' you need to factor in the total number of tickets sold.

When the prize is $10k and tickets are $20, only 500 tickets need to be sold to break even. So say they sell 600, you pay $20 and your ticket is worth $10k x 1/600 = $16.67

For a $250k prize and $25 tickets, they need to sell 10,000 tickets so the same deal. If they sell 11,000, your ticket is worth $250k x 1/11,000 = $22.72


(obv value of prizes is not always the same as cost of prizes, but for simplicity)

[toby47]

The Armagh draw popped up on my Facebook feed the other day, £25 per ticket for a chance to win a house in Downings is good value compared to regularly paying £20 where max prize is £10k.

Seems to good to be true?

If you're comparing 'value' you need to factor in the total number of tickets sold.

When the prize is $10k and tickets are $20, only 500 tickets need to be sold to break even. So say they sell 600, you pay $20 and your ticket is worth $10k x 1/600 = $16.67

For a $250k prize and $25 tickets, they need to sell 10,000 tickets so the same deal. If they sell 11,000, your ticket is worth $250k x 1/11,000 = $22.72


(obv value of prizes is not always the same as cost of prizes, but for simplicity)