I raffle off a vehicle with 50 tickets

>I raffle off a vehicle with 50 tickets.
>All 50 tickets in a bag.
>What you draw is what you pay.
>10= $10 5= $5
>How much money could you make potentially?
Does anyone know an equation i could use?

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>I raffle off a vehicle with 50 tickets
you WHAT?

you sell numbered tickets to people then determine a winner by random by drawing a number. who ever bought the number gets the prize. so, a car, for a $2 ticket.

Hell, Jesus. Then just sum up 7.5$ per person playing

why is that?

(Number of tickets sold x price) - cost of car. It really isnt that hard user. Assuming that you sell all tickests for a uniform price and dont give discounts on large orders of tickets

This system sounds like it was invented by a retard.

You have 50 tickets, sell them for $10 and you have $500

You also get your cunt kicked in because people think you’re a scammer

the prices arent cut and dry. you could pay anywhere from $1-$50. think 50+49+48+47+46+45+44+43, and so on.

thats not very efficient. the cars worth like $1500 on KBB, not gonna get much at a dealership. im too impatient to put out an add. but i know alot of gamblers with kids around 15-17, it'd be a nice first car.

Oh i thought you meant the amount of tickets you draw is the amount you pay. Why do you seek to make it much more harder than it really meeds to be, plus the ethics of it are tricky, people who habe to pay thousands while others only pay a dollar are so are gonna be rightfully pissed, plus i doubt anyone wantd to gamble on the price

>calling OP retarded
>being retarded as well

If 10 is $10, and 5 is $5, then OP makes $50 off 50 tickets.

thats why you keep the number of tickets low. at the most you'll lose $50. but you could potentially win a car for $1. this way its more profitable for me.

Well, sell the tickets for $30 you thick fucking cunt

the tickets are worth their numeric value. you dont sell 5 tickets for $5 you sell the #5 ticket for $5, the #6 ticket for $6, the #7 ticket for $7, and so on.

What the fuck?

I said sell the 50 tickets for the same price, you utter retard.

You fat American cunt. Learn to read.

Dude i dont understand why you are trying to do it the most stupud way possible. The best way for that is low uniform ticket price, high ticket numbers

Your system is fucking stupid. This is t how raffles every work, you redneck fuck

you got it wrong too window licker.

Ps the way to find the gain would be highest ticket price = x + (x-1) for as many tickets as you have.

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I said sell 50 for $10 so how could I be wrong?

You thick cunt

Nice idea, but they pull the ticket BEFORE they pay. Many people simply won't pay. But for your calculation. It's 25.5$ per player then.

Or as an general equation:

Players+1/2 = 51/2 = 25.5

Learn type faggot

Anyways the answer is:

n(first number + last number) /2
Is called the 'sum of consecutive numbers'

n is the amount of numbers in the series (i.e., 50)

Look here. If you go up to 200 you can even get really money in the game:
wolframalpha.com/input/?i=(sum i=1 to 200 (i))

I think if you can get the people to pay you and at the same time NOT kill you have a successful illegal gambling scheme on your hands...

Still the problem is. You have to do it quite openly so people trust you, but then they see how much fucking money you get. And since its a quadratic growth, it's more profitable the more people you get.

So my tip is: You're probably better of going for ten cents steps, smaller value items and therefore more contestants. Also you're less likely to get gutted over 12$ than 172$

You live there? You poor bastard.

You’re 1 person who lives there, so keep it in perspective kid. You’re an insignificant little fat kid

thats what i need. thank you. its $1275.
you were also right, but i have no idea how.

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Took you a while to google that. It’s basic stuff, kid

Np

It is basic, hence my correct answer and your lack of one.

It isn’t going to work. The people who pull expensive tickets will just insist on pulling again.

It’s also gambling, and you won’t be licensed.

Some unhappy customers will steal your car because you’re a stupid fucker

My answer was that his system of selling tickets is fucking horrible and won’t work.

Did you not fucking get that? You are a serious cunting retard.

My IQ dropped by 10 points from reading this thread

Op is retarded and think he can raffle his shit car