Legalities of 'Raffling' off house

Spotted that one as it's a promoted tweet on Twitter. Tickets £10 each so will work out at more than €11 and there are 60,000 available. No way that house is even worth €300k. Even with 5% going to charity there's a potential for a massive profit. One media outlet has picked it up and framed it as a kind thing to do. Like wtf??

Reading this thread and just thought I'd throw this out there...

I know a guy who ran the social media campaign for one of these 'Win a House' competitions a few years back. When the ticket selling was nearing complete, he was able to see (via back-end access to the web shop) that a huge majority of tickets were still not sold. So with this knowledge he hedged his bets and got his wife and presumably family members to buy 5, maybe 10x tickets which would obviously increase their odds of winning. And as luck would have it when the draw was made, his wife was the lucky ticket that was pulled out!!! The house was valued at €285,000 and they cashed it all in (tax free) for the financial equivalent. I still to this day cannot believe that the GAA club running the competition, did not spot this and call it out as a conflict of interest. But there you have it, that's what you're up against with these competitions.

What would Ireland be without its cute hoors?

I saw on the Irish Motor Neurone Disease association that a raffle a house draw they were affiliated with has been cancelled. Someone won a cash prize and the association got a miserly €1000 euro.

If it's run by raffl, then it follows a process.

Basically if you don't sell enough tickets raffl get their fee, the rest is given as prize and charity and any costs are yours to bear.

So it's not the win win people think and many people are wise to these draws.

Different if you know that the funds go to a local gaa club or other good cause.

This is not a conflict of interest. He bought a lot of tickets because he saw they were good value. What’s wrong with that? It could be “insider trading” if the information was kept hidden but whose fault was that? The problem is that the club must have lost money I.e. the total ticket sales were less than the value of the prize (the house).

being a bit of a c u next Tuesday tbh. “Um akshually you can only get 1 and a half skinny iced frappes from Starbucks for €10, mate.”

coffee is coffee and I can promise you without a doubt there’s many a location to buy a takeaway coffee for €2.50 or less. As if that really matters anyway…