Augustus wrote:
> "Viper" <venomx RemoveThis @gmail.com> wrote in message
> news:vt-dneR4o_QOO5PcRVn-rQ@comcast.com...
>> I found a great domain to make a raffle site. Thing is which payment
>> site allows raffle sites? I looked at paypal and 2checkout and both
>> do not allow it. Anyone know of a place that allows raffle sites?
>
> You might want to just look for other raffle sites and see who they
> are using to accept online payment or what they are doing in this
> regard.
>
> It could be a toughie to find somebody... the problem really stems
> from what you are selling and the nature of the internet.
>
> Examples:
> Bad Buyers:
> Lets say you are raffling off a new car - The car is worth $30,000
> and you are selling tickets for $50. I buy 20 tickets for $1000...
> Scenario 1: I win the car. I am happy, I just got a car for $1,000
> Scenario 2: I don't win the car, so I get a chargeback on my credit
> card or cancel payment. You don't get my $1000 and the CC company
> doesn't get its transaction fee.
>
> Bad Sellers:
> Lets say you are raffling off a new car - The car is worth $30,000
> and you are selling tickets for $50.
> Scenario 1: The dealership will sell you the car for $15,000 to
> raffle off. If you manage to sell more than that in tickets you'll
> actually buy the car and give it away. If you dont' sell that much
> in tickets you'll either cancel the raffle (for some reason or other)
> or proceed to the next scenario.
> Scenario 2: The car doesn't exist, you sold about $50,000 in tickets
> and you'll just make up somebody as the winner (or use a trusted
> friend/family member, giving them a cut of the proceeds)
>
> The problem here is that there are so many ways for people to commit
> fraud with this (either buyer or seller) and then there are all the
> legal problems that could arise too (a raffle might not be legal
> everywhere or might have different regulations in different
> states/countries, etc)... all things that could come back and bite
> the credit card company on the ass with chargebacks and/or penalties.
Yes I thought about this. The "things" I wanted to raffle are domains... Buy
a good domain and raffle it off... thought about it when I seen the raffle
domain...<!-- ~MESSAGE_AFTER~ -->
>> Stay informed about: [OT] Raffle sites and accepting money...