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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
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#11 (permalink) |
Enthusiast Member
Join Date: Apr 2010
Location: St. Louis
Posts: 424
Drives: 2011 Evo X MR
Rep Power: 16 ![]() |
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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.
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