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How many raffle tickets to buy?

Topic closed. 5 replies. Last post 4 years ago by Tatototman65.

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Think's avatar - lightbulb
Marquette, MI
United States
Member #20541
August 20, 2005
705 Posts
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Posted: March 12, 2013, 11:33 am - IP Logged

The latest Michigan $10 raffle has a virtually unlimited number of tickets.

How many tickets do you buy?

If you buy one, and it was going to win, and then buy another one and change the number of tickets in the  pool so that you then lose then you have wasted your money.

So how many tickets do you buy when the number of tickets is virtually unlimited?

The question is easier when the number of tickets is limited but we are talking the latest Michigan raffle here.

    sully16's avatar - sharan
    Ringleader
    Michigan
    United States
    Member #81740
    October 28, 2009
    40609 Posts
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    Posted: March 12, 2013, 12:11 pm - IP Logged

    Thats one way to look at it, I got 2 myself, there's still the second tier prizes.

    Did you exchange a walk on part in the war ?

    For a lead role in a cage?

     

                                                From Pink Floyd's " Wish you were here"

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      LAKE HAVASU AZ
      United States
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      August 8, 2006
      446 Posts
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      Posted: March 12, 2013, 1:05 pm - IP Logged

      Thats one way to look at it, I got 2 myself, there's still the second tier prizes.

      PartyDITTO  i bought 1 and the wife bought 1

      some day....some day

        realtorjim's avatar - images q=tbn:ANd9GcT7U3t20NgScoPlxOqLT6TR0vQeJNBV3_tTswe1XeFDTsdw3NLZ

        United States
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        February 27, 2011
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        Posted: March 20, 2013, 9:47 pm - IP Logged

        As long as there is change in the couch cushions and jacket pockets BananaI'm gonna buy, buy, buy!

          dr65's avatar - black panther.jpg
          Pennsylvania
          United States
          Member #74096
          May 2, 2009
          22969 Posts
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          Posted: March 20, 2013, 10:07 pm - IP Logged

          The latest Michigan $10 raffle has a virtually unlimited number of tickets.

          How many tickets do you buy?

          If you buy one, and it was going to win, and then buy another one and change the number of tickets in the  pool so that you then lose then you have wasted your money.

          So how many tickets do you buy when the number of tickets is virtually unlimited?

          The question is easier when the number of tickets is limited but we are talking the latest Michigan raffle here.

          Just buy how many you want. I wouldn't think one for one leaves my chances
          at winning nothing. I'd look at it as having better odds.
          Good luck!

          246 ~~ 485 ~~ 369 ~~ 890 ~~ 705 ~~ 357 ~~ 129 ~~ 165 ~  007 ~ 225 ~ 818 ~ 440 ~  7775 5557

            Tatototman65's avatar - Lottery-009.jpg

            United States
            Member #138729
            February 4, 2013
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            Posted: March 20, 2013, 10:25 pm - IP Logged

            Regardless of how many tickets you buy for this raffle, the odds of winning are still 1 in 30,000. Buy as many as you like, your chance of winning is going to stay the same (1 in 30,000).

            Smile

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