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What is a 50/50 Raffle

50/50 Raffles are an excellent way for charitable and sporting organizatons to quickly raise money through the sale of double numbered tickets at predetermined prices.  As tickets are sold, one of the numbered tickets remains with the purchaser and one is collected for inclusion in the draw barrel.  At the conclusion of the sales period, a ticket is selected from the draw barrel, and the holder of the winning ticket can claim the prize - 50% of the total sales.  The remaining portion of the pot stays with the charitable or sporting organization.

Licenses for 50/50 Raffles are required by local gaming regulators, with requirements including a specifiation of prices to be used (multipe pirce points are allowable), a maximum number of tickets per price point, a description of the purpose for raising funds (which must comply with gaming regulations) and a full reconciliation of draw activities after the conclusion of the draw.  Costs associated with running the draw are considered allowable gaming expenses, provided they abide by regulatory guidelines.

 

 

Who Are You

If you are:

  • a sporting or non-profit organization with a high volumed 50/50 raffle

  • have larger scaled indoor or outdoor events

  • are interested in maximizing revenue opportunities with a simple and proven fund raising activity

then an Electronic 50/50 Raffle may be the ticket for you!

Who Are We

At Fifty 50 West, we have significant experience in operating major 50/50 raffles in British Columbia, and are aware of the stresses associated with successfully running draws in the time constraints of large volumed events.

As local representatives of the Pointstreak 50/50 software solution (fully compliant with the requirements of the B. C. Gaming Branch), we offer a turnkey solution to manage and grow the amount made by organizations beyond what would be normally expected with traditional manual ticket draws.

Fifty 50 West offers a variety of services to operators of 50/50 raffles to maximize the return from both one-off and recurring events and work with draw managers to help configure and run successful raffle events.

 

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