|Posted: February 15, 2010, 4:59 pm - IP Logged|
This won't be popular here but I think raffles are a big ripoff and nothing but an appeal to the ego.
The Illinois raffles are a $20 buy in and while guaranteeing 509 winners they are also guaranteeing 499,491 losers but of course don't want the players to know that part.
"Come on up folks, I need 500,000 people to give me a $20 bill. 509 of them are going to get something back!"
"Oh, give me a ticket, give me a ticket!!! I just know my ticket will wind up in the pile of 509 winners and not over there with the 499,491 losers"
I know a Pick 6 or 5 + 1 game is kind of the same thing, BUT, big BUT, even at the $2 million start pooint for Pick 6, the $1 spent may win $2,000,000.
Consider that even if you win a million in the raffle, at the $20 price, every one of those raffle dollars wins $50,000.
Not quite as exciting as the hype.
There is some real entertainmdent value here though, 'cause it sure seems like some of the people that are vehmently oppossed to Quick Picks can't wait to buy raffle tickets.
I'd like to see this at a lottery terminal when raffle tickets are sold:
The governor wants you to know that if you'd like to donate $20 and want to skip the formaility of getting a ticket and thinking you're going to win something, just tell the clerk you'd like to send $20 to the capital and don't need a ticket.
My crystal ball says that withing five posts of this one someone is going to say what a great deal the raffles are.
Those who run the lotteries love it when players look for consistency in something that's designed not to have any.
There is one and only one 'proven' system, and that is to book the action. No matter the game, let the players pick their own losers.