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Rally News

Next Rally is @ Spring Bank Holiday at Hamble Primary School, Hamble, Southampton on 01/06/2012 in Hampshire

camallison

Age: 64

Joined: Jul 15, 2009

Posts: 939

MH: Adria Izola A697SL

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.... and it seems perfectly legal!

On reflection, it is a slant on "sell the dead horse raffle" where the winner gets his stake back when he "discovers" that the horse is dead. All the other punters have funded the whole scam.

Colin

______________________________________________________________
Colin - now enjoying retirement and the freedom offered by our motorhome.

mikeyv

Joined: May 23, 2007

Posts: 780

MH: DEVON RIO GRANDE/BAILEY PAGEANT BURGUNDY

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StAubyns wrote:

Gerald

On the sale page Swoopo disagree with your figures Shocked

They say the buyer saved 45% and that there were 819 2p bids.

as follows

Worth up to £949

placed bids 819 - £409.50

auction price - £111.54

Saving - £427.96

Some missing information there I think Confused

As I understand it, the 819 bids were placed by the winner, hence those figures, including savings refer only to him/her.

Assuming the auction started at zero pounds, the total number of bids will be 50 x 111.54, so 5577@ 50p a shot (slightly less if bids bought in bulk I think), so they make £2788 ish plus the winning bid of £111.

LazyRover

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Joined: Apr 13, 2008

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camallison wrote:

On reflection, it is a slant on "sell the dead horse raffle" where the winner gets his stake back when he "discovers" that the horse is dead. All the other punters have funded the whole scam.

Should that not have been "steak"? Very Happy

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