Ticket sales end date |
The date you will stop making tickets available for purchase. Please add a time as well although for most online raffles leaving it as "End of Day" works just fine. |
Prize raffle |
A raffle with a fixed prize (fixed cash amount, item, trip, etc.). You can have multiple prizes in a prize raffle. |
Prize percentage |
The percentage of total sales going to the winner. |
Guaranteed pot |
A pot that has been given a minimum value, regardless of how many tickets are sold. A guaranteed pot will not show an increase in size until the total sales exceed the amount of the guarantee. |
Seeded pot |
A pot that has been given a starting amount above $0 before ticket sales have started. |
Number of tickets available |
Should be calculated by dividing expected revenue for the raffle by the lowest price per ticket. For example, if you offered tickets at 20 for $20 ($1 per ticket) and you were expecting a $10,000 raffle, you would set a quantity of 10,000 tickets. |