There are a couple of reasons why you might be interested in adding another draw to your raffle. You may have multiple prizes and desire to sell tickets at different price points depending on the prize. You may also want to offer an early-bird prize (or prizes)! Or perhaps add a 50/50 Bonus draw to your prize raffle to make it more exciting and profitable. The scenarios are listed below.
Multiple Prizes at Different Prices
If you have multiple prizes and you plan to sell tickets for one or more of them at a different price than the others, you will need to add a draw in order to accommodate for that. Once you add that draw, set it up just like you did for the original draw. We suggest keeping the same draw date and time as the original draw for simplicity.
Another thing to consider whenever you add a draw for a prize at a different prize point, is that the regulator may ask that you fill out a separate application for that draw as well. So you may end up filing more than one application. Don’t worry though…. We’ll help you every step of the way!
Adding Early Bird Draw(s)
Early-bird draws are a great way to get your raffle sales off to a great start. They can be offered on regular prize raffles or percentage payout draw (e.g. 50/50 draw). Of course on a 50/50 draw you aren’t giving any of the pot away as a prize, but you can certainly offer a prize for tickets purchased before a certain period of time. That will help increase your pot size early and make the 50/50 draw more valuable.
The only thing that differs from the set up of your early-bird draw is allocating a date during your raffle that marks the end of the “early-bird” ticket sales.
If you are running a long raffle… you can always add more than one early bird-prize too! Have fun with it!
Adding a 50/50 Bonus Draw
A great way to increase sales when you are running a prize raffle is to add a 50/50 Bonus Draw. Imagine the boost to ticket sales when someone is buying a ticket to your prize raffle and you give them an opportunity to purchase a 50/50 Bonus ticket too.
You can set up the draw only making it available to people who buy a ticket for the prize raffle or to anyone regardless of whether they purchase a ticket or not. It’s totally up to you.
Once again, this may require you to submit two different applications to your provincial regulator.