How much to charge for raffle ticket? £1 or £2?

[raffle100]

How much to charge for a raffle ticket? We have an array of prizes from £5 up to £130, most are around the £30-40 mark? Most of them are really nice.

Is £2 too much? We are raising cash for charity. Do you think £2 a ticket is too much? Should it be £1?

Thanks so much!

If your cheapest prize is £5 then you should charge £1 per ticket.

We do a Christmas raffle every year at work and it's normally £2 per ticket or £5 for a strip (5 tickets).

It really depends on the audience and the event.

if it’s a school fair then I think £1 max because there’ll be loads of other stalls etc asking for peoples money.

if it’s a corporate golf day then I’ve seen £10 tickets sell like hot cakes.

£1 each. You'll likely sell more if they're only £1 as apposed to £2.

If the cheapest is £5 then £1 a ticket is fair, but you need to sell bundles - what are you selling a strip for or two strips? Also make sure you have rules about if people can win more than once or not.

This is your best way to do it

I know it’s very common to sell tickets this way, but it’s actually against gambling regulations. All tickets must be sold for the same price.

You don't need a rule about whether or not people can win more than once or not. If people buy multiple tickets, then they're allowed to win multiple prizes.

As for the ticket prices, I agree with the poster who said it depends on the event and the audience.

Oh i didn't know that every days a school day. Then I would do a £1 op hopefully people will buy more

Yes I always thought they had to be sold at the same price. You can't do deals on the tickets.

Well the rule can be that then can't it?! I was making the point that you need to be clear because I work for a charity and have been involved in raffles and unless you are clear from the start then things can get very difficult later on.

You can for incidental lotteries, you can't for small society lotteries.

This sounds like an incidental raffle - here are the rules:

https://www.gamblingcommission.gov.uk/public-and-players/guide/page/how-to-run-a-fundraiser-with-lotteries-or-raffles-at-events

So yes you can sell strips at a discount. You seem to think there is a blanket rule for all raffles? Absolutely not the case.

With raffles, people tend to have an amount they want to spend, more than a number of tickets they want to buy.

Eg They want £10;worth of ticket. Whether that is 5 x £2 tickets or £10 x £1 tickets. Either way, they will spend the same amount and you will raise the same amount of money. It doesn't really matter what you charge per ticket.

I'd go £1 a ticket as people feel like they are getting more tickets for their money, even though it doesn't change the odds of winning because everyone else also has more tickets!

Don’t forget to pull out the ticket for the first prize first (if you have put prizes in order rather than folks choosing what they want)

We usually do £1 for a strip of tickets.
I allocate an amount to spend e.g. I'd ask for £5 or £10 worth of tickets

I was going to say the same about people spending a set amount not buying a certain number of tickets, but personally I’d go with £2 a ticket as it’s half the number of tickets to fold up and write names on!

If that’s true then I think Ryanair is in breach of that as they definitely had some sort of deal on multipacks (not that I bought any)

I work for a charity, we charge £20 a ticket three for £50 usually only one prize worth anything from £200 to several thousand depends who donated it. We usually get around £10k an event. We have one tomorrow lunchtime,veryuch.looking forward to it.