50/50 - What does this mean??

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  #1  
Old 01-28-2008, 02:31 AM
pm10 pm10 is offline
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Default 50/50 - What does this mean??

I visit TOTV daily (almost), and TV site, to learn all that I can before we make our move there next year. :bigthumbsup: In reading through the activity section, I often see get-togethers/club meetings that include 50/50's. I realize this is a stupid question - but what the heck are 50/50's! (I tried to do a search first, but didn't see anything explaining this) I guess I've lived a very sheltered life, here in Minnesota!
Marcia
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Paul and Marcia<br />Minnesota - Villages '08!!
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Old 01-28-2008, 02:40 AM
bargee bargee is offline
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Default Re: 50/50 - What does this mean??

50/50 is a raffle.You purchase tickets,usually 3 for $2.00 a raffle is held the winners split 50% of the money taken in and the club or group retains the rest for operating expenses.
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Old 01-28-2008, 02:45 AM
pm10 pm10 is offline
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Default Re: 50/50 - What does this mean??

Well, that explains it. Thanks Bargee!!
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Paul and Marcia<br />Minnesota - Villages '08!!
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