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R Kings and other car raffles

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24567…58

Comments

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    #32
    selectamatic
    Registered Users Posts: 3,888 ✭✭✭selectamatic


    [Deleted User] wrote: »
    They may be legit in the sense that the raffle really happens, but afaik they are actually illegal, as you need approval from the District Court to run them for that sort of value (and the value of District Court raffles tops out at 25 or 30k), and should be some element of charity to them.

    Makes no odds as there's no real will from the Gardaí or Revenue to prosecute whoever is running them.

    They're based in the north though.


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    #33
    Del2005
    Registered Users Posts: 18,871 ✭✭✭✭Del2005


    Duke O Smiley wrote: »
    Honestly I reckon if they were doing something wrong they wouldn’t have been allowed to get as big as they have gotten.

    Plenty of ponzi schemes and boiler rooms got big.

    Sometimes it takes authorities a while to catch up with illegal activity, the fact that they're illegal in Ireland but still operating here is a perfect example.

    Edit

    Looks like they are illegal in the UK also

    https://www.gamblingcommission.gov.uk/for-the-public/Fundraising-and-promotions/Advertising-and-promoting.aspx


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    #34
    ted1
    Registered Users Posts: 23,259 ✭✭✭✭ted1


    Toyotafanboi wrote: »
    To be fair, most of the stuff is high enough value. They've done Escort Cosworths, R35 Skylines, an i8, loads of f10 5 series and new model A6's. Evo's, AE86's etc.

    If they do raffle a low value car, there's usually a couple of grand cash or a holiday lumped in.

    They are old things the pick up for cheap through trade our auctions and valet them


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    #35
    [Deleted User]
    Posts: 0 ✭ [Deleted User]


    selectamatic wrote: »
    They're based in the north though.

    Might well make a difference but I think UK's betting and licensing laws are stricter than the ones here.

    I haven't worked in this area for a long time but I had to look into it years ago. I was asked by a sports club about raffling a house. In the end we couldn't raffle a house as the Court didn't have the power to grant a licence for something of that value and the club didn't want to risk it. We had a long debate with the Clerk (who was on our side to some degree) that if the act didn't strictly prohibit it, could a higher Court grant it etc.

    Famously a house was raffled back in the 1980's by Barney Curley and he was prosecuted for holding an illegal raffle. He was fined 5,000 to the poor box, which he (to be fair to him) voluntarily doubled, iirc.

    I see house raffles and high end car raffles seem to be more popular these days but the law hasn't been changed (afaik). I don't know of any cases being brought for it though.


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    #36
    Toyotafanboi
    Registered Users Posts: 12,917 ✭✭✭✭Toyotafanboi


    ted1 wrote: »
    They are old things the pick up for cheap through trade our auctions and valet them

    Will you let me know where they are picking up stuff like that on the cheap so?

    Wouldnt mind picking up a few cheap trade sale Escort Cossies.


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    #37
    the_syco
    Registered Users Posts: 37,295 ✭✭✭✭the_syco


    https://www.rkingscompetitions.com/about
    R Kings Competitions are an Northern Irish business
    Del2005 wrote: »
    Looks like they are illegal in the UK also

    https://www.gamblingcommission.gov.uk/for-the-public/Fundraising-and-promotions/Advertising-and-promoting.aspx
    From the link you posted;
    Lotteries in Great Britain


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    #38
    the_syco
    Registered Users Posts: 37,295 ✭✭✭✭the_syco


    Dravokivich wrote: »
    I'd hate to win one and get stuck with VRT!
    Regarding a competition for a "Mercedes E220 Sport AMG Line";
    Includes £2,000 to put towards VRT, Insurance or just to treat yourself


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    #39
    bigpink
    Banned (with Prison Access) Posts: 4,552 ✭✭✭bigpink


    Seems like a clever idea and they are making lots of money


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    #40
    the_syco
    Registered Users Posts: 37,295 ✭✭✭✭the_syco


    Hope it's still going after CORVID; I'd be afraid of winning it whilst the lockdown is in effect.


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    #41
    Duke O Smiley
    Registered Users Posts: 12,074 ✭✭✭✭Duke O Smiley


    ted1 wrote: »
    They are old things the pick up for cheap through trade our auctions and valet them

    The Evo they had recently was bought from Deane Motors


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    #42
    Toyotafanboi
    Registered Users Posts: 12,917 ✭✭✭✭Toyotafanboi


    I thought Deane's would be married to that yoke, it was a bit tasteless.


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    #43
    Duke O Smiley
    Registered Users Posts: 12,074 ✭✭✭✭Duke O Smiley


    Toyotafanboi wrote: »
    I thought Deane's would be married to that yoke, it was a bit tasteless.

    It was up for 26k or 28k. R.Kings ended up getting it and put it up at £22 for 995 tickets, that’s £21,890 and I’d say they made sure there was a nice tidy profit in it for them at that.

    I think R Kings know their target audience very well


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    #44
    Toyotafanboi
    Registered Users Posts: 12,917 ✭✭✭✭Toyotafanboi


    They certainly do yeah. Lots of yokes you'd traditionally consider high end 'felt spec. German diesel saloons with big replica wheels, slammed with lip kits. Old Scania trucks and mid 90's agri tractors.


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    #45
    Midnight_EG
    Registered Users Posts: 9,696 ✭✭✭Midnight_EG


    The white chaser that went two weeks ago, that was my mates. They're no bull buying, gave an offer and took the car. Whoever it is running the show landed on a gold mine.


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    #46
    bigpink
    Banned (with Prison Access) Posts: 4,552 ✭✭✭bigpink


    Was it the first comapny doing it here?


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    #47
    blindside88
    Registered Users Posts: 1,968 ✭✭✭blindside88


    They are running a very successful business model, once they don’t get too greedy they’re on to a winner. They sell out so quickly they could realistically be putting 10% profit on each car and still be making a mint. Selling 2-3 cars a day, clearing 4 or 5k a day and not having to stand over any warranty or anything like that.

    I was sceptical like some but have known a few winners as well.


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    #48
    tuxy
    Closed Accounts Posts: 14,983 ✭✭✭✭tuxy


    But it is only a matter of time before they are shutdown.

    How have they even survived this long when they ignore UK raffle laws?
    Perhaps the UK equivalent of CAB will wait until they make more money then take everything.

    Just because someone gets drugs when they pay for drugs doesn't mean all will work out well for the dealer.


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    #49
    ELM327
    Registered Users Posts: 21,358 ✭✭✭✭ELM327


    I believe it's because you have to answer a question when you buy a ticket so technically it is a game of skill and not a raffle.

    May also be a loophole, as they are a NI registered company and the UK laws seem to apply to GB only.


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    #50
    Del2005
    Registered Users Posts: 18,871 ✭✭✭✭Del2005


    the_syco wrote: »
    https://www.rkingscompetitions.com/about



    From the link you posted;

    So what's the legislation for Northern Ireland?


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    #51
    tuxy
    Closed Accounts Posts: 14,983 ✭✭✭✭tuxy


    Del2005 wrote: »
    So what's the legislation for Northern Ireland?
    Prize draws in Northern Ireland

    Under the Order, it is unlawful to conduct in Northern Ireland any competition which offers prizes, where success does not depend to a
    substantial degree on the exercise of skill. The effect of the Order is also that pure chance prize draws (as opposed to competitions where some effort or skill is needed to win) will only be legal if they are free to enter or provide a genuine alternative free entry route.

    In the current draw they are asking people if you use a knife or spoon to eat soup. Would answering that require a substantial deal of skill?

    It's also against facebook rules so I've no idea how it got so big without them noticing. They even run adverts for the raffles.


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    #52
    Kevwoody
    Registered Users Posts: 1,015 ✭✭✭Kevwoody


    tuxy wrote:
    In the current draw they are asking people if you using a knife or spoon to eat soup. Would answering that require a substantial deal of skill?

    tuxy wrote:
    It's also against facebook rules so I've no idea how it got so big without them noticing. They even run adverts for the raffles.


    Maybe, just maybe, it's actually legal and above board? Lots of experts in Irish and English legislation on here.


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    #53
    tuxy
    Closed Accounts Posts: 14,983 ✭✭✭✭tuxy


    Kevwoody wrote: »
    Maybe, just maybe, it's actually legal and above board? Lots of experts in Irish and English legislation on here.

    I'm far from an expert.
    I'm just posting the legal information that is made available online.


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    #54
    Midnight_EG
    Registered Users Posts: 9,696 ✭✭✭Midnight_EG


    They've just bought another friend of mines car, blue over grey PS13. Bank transfer there and then, didn't even look at the car and with the price of a ticket they'll be making over 4k on it. It stands them the fuel they used to get down to Dublin. Unbelievable :shocked:


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    #55
    tuxy
    Closed Accounts Posts: 14,983 ✭✭✭✭tuxy


    Midnight_EG wrote: »
    They've just bought another friend of mines car, blue over grey PS13. Bank transfer there and then, didn't even look at the car and with the price of a ticket they'll be making over 4k on it. It stands them the fuel they used to get down to Dublin. Unbelievable :shocked:

    Did they seem legitimate?
    Like the kind of guys that would be declaring everything to revenue and all that?


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    #56
    homingbird
    Registered Users Posts: 1,271 ✭✭✭homingbird


    You are still going to be done for a nice vrt bill.


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    #57
    Eamonn8448
    Registered Users Posts: 135 ✭✭Eamonn8448


    https://www.youtube.com/watch?v=pZqvL4LUOiI

    wonder are they anything to this lot , knew it sounded familiar


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    #58
    tuxy
    Closed Accounts Posts: 14,983 ✭✭✭✭tuxy


    homingbird wrote: »
    You are still going to be done for a nice vrt bill.

    Some of the cars they buy are on Irish plates so are you sure?


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    #59
    Heres Johnny
    Closed Accounts Posts: 2,738 ✭✭✭Heres Johnny


    But do they offer a warranty 😊


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    #60
    tuxy
    Closed Accounts Posts: 14,983 ✭✭✭✭tuxy


    Heres Johnny wrote: »
    But do they offer a warranty ��

    Why would they the cars are not new.


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    #61
    Midnight_EG
    Registered Users Posts: 9,696 ✭✭✭Midnight_EG


    tuxy wrote: »
    Did they seem legitimate?
    Like the kind of guys that would be declaring everything to revenue and all that?

    Money matters, not the legitimacy of the lad giving that money :P


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