Discussion
there was a similar thing at Gatwick when I was there last month - it seems to be a stand that has been there some time as it showed previous winners. Last month there was an M3 (tickets about £45) and a Fezza 360 (IIRC tickets £120)
IMHO i think its a bit wrong - if someone can afford to "throw away" £120 on a 1 in 2300 chance of winning (it was something nlike that) then they should be able to afford to buy a 360 for £115k. It just seemed to encourage those without big money to part with £120.
IMHO i think its a bit wrong - if someone can afford to "throw away" £120 on a 1 in 2300 chance of winning (it was something nlike that) then they should be able to afford to buy a 360 for £115k. It just seemed to encourage those without big money to part with £120.
The important thing is the odds. How do the odds compare to the lottery? There, the stake is small, the (potential) prize is high - but there are milions of entrants.
You'd be mad not to pay £120 for a chance to win a Ferrari if there were only 2 entrants, or 10 - even 100 entrants makes good statistical sense - but not 1,000,000! Also, for these people to make a profit, they must sell more tickets than the car cost them - so you are really betting 'uphill'.
You'd be mad not to pay £120 for a chance to win a Ferrari if there were only 2 entrants, or 10 - even 100 entrants makes good statistical sense - but not 1,000,000! Also, for these people to make a profit, they must sell more tickets than the car cost them - so you are really betting 'uphill'.
Guys,
Just to let you know, greed has got the better of me and I have decided to have a flutter on the TVR Tuscan. Looking at the two site you've provided, it seems that the www.letitbeme.com draw of £40 with only 1250 tickets seems a pretty good gamble to me. The other sites odds were over 2000 to 1.
It probably will be a waste of £40, but what if it isn't....I'll be laughing all the way to my first TVR track day!
I drive a Vauxhall Vectra at the moment and spend nearly £40 on a tank of petrol so I don't think I'll lose my house over £40.
Gotta be worth a go. Will let you know if I win.
Fingers crossed.
Just to let you know, greed has got the better of me and I have decided to have a flutter on the TVR Tuscan. Looking at the two site you've provided, it seems that the www.letitbeme.com draw of £40 with only 1250 tickets seems a pretty good gamble to me. The other sites odds were over 2000 to 1.
It probably will be a waste of £40, but what if it isn't....I'll be laughing all the way to my first TVR track day!
I drive a Vauxhall Vectra at the moment and spend nearly £40 on a tank of petrol so I don't think I'll lose my house over £40.
Gotta be worth a go. Will let you know if I win.
Fingers crossed.
Hmmm. Didn't notice that! Surely they're not gonna give away "dodgy" cars as they'd end up in court getting their arses sued!
Oh well, they're aren't that many "high mileage" Tuscans out there and the cheapest are stil worth approx £30K even for the oldest ones.
I can put up with a 1999 Tuscan on my drive!
Oh well, they're aren't that many "high mileage" Tuscans out there and the cheapest are stil worth approx £30K even for the oldest ones.
I can put up with a 1999 Tuscan on my drive!
If someone's getting 1250 x £40 = £50,000 for a car that might be worth 'only' £30,000, that's a great scheme. You get the car of your dreams for £40, they get £20,000 profit. Better still, win the car of your dreams for £40, raffle it and make *£49,960* profit...
Trouble is, if it's that simple, why isn't everyone doing it??? My amber warning light is glowing...
Trouble is, if it's that simple, why isn't everyone doing it??? My amber warning light is glowing...
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i sense money to be made.