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50/50 Raffles
I'm currently the fundraising chair for the Gamma Xi chapter of Phi Kappa Sigma at George Mason, and I've found excellent success in 50/50 raffles as a sustainable method of bringing in money. For those who do not know, 50/50 raffles entail selling tickets for a set price, with the winner of the raffle getting 50% of the total pot, and the organization holding the raffle taking the other 50%.
I've found that these raffles bring in anywhere from $50 to $100 per day - and this is at a commuter campus like George Mason, so I can only imagine what kind of results it would have at a large campus with a stationary student population.
Does anyone know of any successful variations on the 50/50 that have worked at other campuses?
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