GT-R raffle

Originally Posted by daleks 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

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GT-R raffle

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09-30-2010, 04:50 PM

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optiontrader

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Quote:

Originally Posted by daleks

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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