Thread: GT-R raffle
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Old 09-30-2010, 04:50 PM   #22 (permalink)
optiontrader
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Quote:
Originally Posted by daleks View Post
The expected value of your return on a $50 raffle ticket that's one in 3,000 is $26.67 (assuming $80,000 MSRP with destination), which isn't that bad when compared to other raffles.
Nice calc, daleks!

I know any raffle/lottery is not the most sound financial decision, but I'm a sucker for some of the more unique ones (and if they benefit charity!)...
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