I am thinking about trying to raffle off my cue.

justinb386 said:
I have been trying to sell my cue, but I have not received any interest in the cue (probably because it was made by a largely unknown Texas cue maker).

I have never done a raffle before, and I wonder if people would even be interested in buying raffle numbers for a cue that they would not care to own.

I was thinking that maybe I could use a Powerball lottery to chose the winner of the raffle (that is, if I could get enough people interested in buying a number).

There is 1 thing that worries me though. Is it legal for a person like me to do a raffle, or do I need to belong to an organization, or does the money need to go to a charity ?

Is it okay for me to do it just for my own personal gain?

I am not trying to get a profit from the cue. Would just like to try to get my investment of $260 back out of the cue.

I just do not know how I would go about doing a raffle, and it it would be legal, and what part of the forum I would post it in?

I am thinking maybe around $5 for 1 number, and maybe a discount if 3 numbers are purchased. Just would like to figure out the best way to do a raffle (that is if anyone would even be interested in participating).

Thanks in advance for any thoughts that you have about my post, or maybe helpful info about the best way to do a raffle.
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cowboy-shaking-head.gif


BTW raffles are not allowed. There I "helped" :thumbup:
 
Chuck Fields said:
cowboy-shaking-head.gif


BTW raffles are not allowed. There I "helped" :thumbup:
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I have seen raffles here on AZ in the past, but I still was not sure if they are legal. I also see peoples raffling there cues on facebook, but just because others are doing it, that does not make it legal. That is why I wanted to get some advice before maybe doing something really stupid. Thanks for the info. It was a very stupid idea I guess.
 
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2twoball said:
Just keep it and use it, you went through a LOT to get it !!!
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Last week I spend about a week going back and forth with a guy for a trade for a cue. Finally got together, did the trade, he shot a bit with the cue. Next day I see that he listed the cue he just got for sale or trade LOL Some people just can't keep things without looking at something else. May explain the high divorce rate :thumbup:
 
In my opinion, people raffle their cues when they do not think they can sell the cue for what they want.
Over the years, this happens quite a bit and it's done with a specific price they want to get....x spots @
Y dollars and they can get even more that way than their cue may be worth. Unfortunately it can also
backfire and after a couple of weeks and then months, when these spots don't fill up fast, their cue gets
viewed to be being overpriced or just a unappealing design. Raffles are for cues that have a hard time
netting the price the seller wants to get for their cue.......Again, this is just my opinion about cue raffles.
 
There should be a sticky with that GIF of Charles Bronson next to a list of all the things you can't do on AZBilliards.
 
Bavafongoul said:
In my opinion, people raffle their cues when they do not think they can sell the cue for what they want.
Over the years, this happens quite a bit and it's done with a specific price they want to get....x spots @
Y dollars and they can get even more that way than their cue may be worth. Unfortunately it can also
backfire and after a couple of weeks and then months, when these spots don't fill up fast, their cue gets
viewed to be being overpriced or just a unappealing design. Raffles are for cues that have a hard time
netting the price the seller wants to get for their cue.......Again, this is just my opinion about cue raffles.
Click to expand...

I used to raffle a good amount of cues here, and while it is a way that you can maybe sell your cue for a little more than in a straight sale, you have to balance spot prices at a point people will actually buy them,,,, people know what the cues are worth and most can do the math to see if the prices are in line,,,,,, too high and the spots don't sell.

The other thing raffles do is give people a CHANCE to own some very nice cues for a small percentage of their actual value. We used to do them here all the time and people loved them. They were cut out when someone who is not even a member here any longer complained.
 
Bavafongoul said:
In my opinion, people raffle their cues when they do not think they can sell the cue for what they want.
Over the years, this happens quite a bit and it's done with a specific price they want to get....x spots @
Y dollars and they can get even more that way than their cue may be worth. Unfortunately it can also
backfire and after a couple of weeks and then months, when these spots don't fill up fast, their cue gets
viewed to be being overpriced or just a unappealing design. Raffles are for cues that have a hard time
netting the price the seller wants to get for their cue.......Again, this is just my opinion about cue raffles.
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I do not know about these days, but I remember some very nice custom cues being raffled off at tournaments and APA league qualifiers. I remember a very nice custom Alex Brick cue was raffled off at JOB's billiard club at the Music City Open one year. It was super nice. I think the tickets were like $10, or 3 for $25. The more you purchased, the cheaper the tickets were to buy. Some people would buy like 20 raffle tickets. I think that some or maybe all of the money went to a charity.
 
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Renegade_56 said:
I used to raffle a good amount of cues here, and while it is a way that you can maybe sell your cue for a little more than in a straight sale, you have to balance spot prices at a point people will actually buy them,,,, people know what the cues are worth and most can do the math to see if the prices are in line,,,,,, too high and the spots don't sell.

The other thing raffles do is give people a CHANCE to own some very nice cues for a small percentage of their actual value. We used to do them here all the time and people loved them. They were cut out when someone who is not even a member here any longer complained.
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Yeah, like a $300 to $500 cue might have tickets for $5, but if the cue is worth like $700 to a $1,000, then the tickets would be more like $10 each. If it is like a $100 cue, then the tickets might be like $2 each.
 
I see a difference between raffling a cue off at a tournament event or at the end of a league session
or a charity event, etc. What I am saying is that most sellers of high end cues or fancy custom cues
aren't interested in using a benevolent cue raffle to share a great cue with someone. So when I spot
someone using a raffle to sell their cue, and that's what a raffle is.....a different type of sale but a sale
nonetheless no bones about it.......it is usually because they won't land the price they want by listing
the cue as a for sale thread with an asking price or firm price or whatever. Generally, the cue is either
priced too high to sell or the cue design just isn't that handsome but it was made by a big cue-maker.

That's my take on a cue raffle......the ones at events are different than a seller that uses a raffle
to promote the unique opportunity to own their valuable, expensive, one of a kind cue from X for just
the price of a raffle ticket. And the smart raffles use a higher per ticket price to yield the same money
but offer better odds. A raffle with 25-30 entries is more appealing than one with a 100 spots. In any
event, raffles linked to an event or association are entirely different than what I perceive to be last
resort or highly motivated sellers of a pool cue that rely upon a raffle to try and sell their pool cue(s).

Again...this is just my personal opinion on this matter.
 
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