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15 August 2024
Traditional raffles are fun and exciting. There are plenty of prizes up for grabs, and the thrill of discovering what you’ve won is part of the joy of playing.
However, sourcing prizes for these raffles can take a long time. This can make traditional raffles difficult for very small fundraising teams, or take too much time away from other aspects of a larger event.
To save time and guarantee an enticing reward, many organisations instead choose to hold a 50/50 raffle draw. This is a simple yet highly effective fundraising method for schools, charities, sports clubs, galas and a wealth of other groups.
A 50/50 raffle draw works the same as any other raffle. People buy tickets for a chance to win a prize if their ticket is drawn.
The difference is that in a 50/50 raffle draw you don’t need to go hunting for prizes. Instead, you simply award half of all the money raised through ticket sales to the winner.
For example, if you sell 1,000 tickets at £5 each, you bring in a total of £5,000. You then give £2,500 to whoever has the winning ticket and keep the remaining £2,500 for your charitable cause.
Remember that the amount of money you raise for your charitable cause must also cover your expenses. The best way to maximise your organisation’s fundraising income is to buy eye-catching raffle tickets at the lowest possible price.
At Raffle Tickets 4U, you can create personalised 50/50 raffle draw tickets online using our quick and easy design template. These start at the low price of just £25+VAT per 1,000 tickets, with big savings on larger orders.
Although traditional raffles are both popular and profitable, 50/50 raffle draws have certain benefits that might make them a better fit for your event. These include:
The best thing about 50/50 raffle draws is that any organisation – large or small – can hold one at minimal cost. That includes:
50/50 raffle draws are particularly useful for grassroots organisations with almost no budget or a one-person fundraising team. They offer a low barrier to entry with minimal setup time. Just buy your 50/50 draw tickets online and you’re good to go!
For a full and detailed breakdown of the steps involved, we have a complete guide on how to run a raffle. But here’s a quick rundown for setting up a 50/50 raffle draw in particular.
The very first step in how to run a 50/50 raffle is defining your cause and setting a clear fundraising goal. These will influence how you market your raffle and set ticket prices, which we’ll cover in a moment.
Once you’ve got those figured out, you need to order attractive but affordable 50/50 draw tickets to keep costs low. To help you out, we provide customisable 50/50 draw tickets from just £25+VAT per 1,000 tickets. Just add your logo and the details of your event to our handy template, and we’ll print and dispatch them within as little as 3 working days.
How much you charge for each raffle ticket should depend on 3 main factors:
If you’re holding a small-scale raffle for a local youth group, it’s best to charge a low amount like £1 or £2 per ticket. But for larger and grander events like a gala, people might be more willing to pay £5 or even £10 per ticket.
You can also try to boost ticket sales by offering incentives for buying multiple tickets. For example, you could offer tickets for £1 each, with 3 tickets for £2 and 8 tickets for £5. That way, you can bring in more money and the player has a greater chance of winning.
The more times people hear about your raffle, the more likely they are to play. So it’s a good idea to market your raffle through several different channels to reach as many people as many times as possible.
Good strategies for marketing your 50/50 raffle draw include:
As part of your marketing strategy, remember to talk about how you plan to use the money you raise, and how it’ll make a big difference to your cause.
Hosting a raffle is a simple, fun way to raise money for a good cause.
However, raffles do involve handing over money with no guarantee of a reward. As such, they’re considered lotteries, which is a type of gambling.
That means you need to follow certain rules to keep your raffle legal.
These rules vary depending on the type of organisation that’s running the raffle. And they affect important things like who can play and whether you can sell tickets before the event.
For clear and actionable advice on staying on the right side of the law, read part 5 of our How to Run a Raffle series, Is Your Raffle Legal?
Before you can run a 50/50 raffle, you’ll need to order tickets.
With our super-easy customisable 50/50 draw ticket template, you can design and order personalised raffle tickets in just a few minutes. Prices start from just £25+VAT for 1,000 tickets, with bigger discounts on bigger orders. Get your personalised 50/50 raffle draw tickets online today!