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Would this work? Idea to make millions

Discussion in 'Making Money' started by plutomic, Aug 26, 2010.

  1. plutomic

    plutomic Newbie

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    Ok. I have had this idea in my head for a while, and I'm just curious if you guys think it would work.


    Well my idea is basically to make a raffle website. It would cost 1-5 dollars to enter the raffle (depending on the prize). I would offer very popular prizes such as graphics cards and computers and stuff. The whole idea is to get enough people to enter the raffle, that I make a profit.

    Would this work?
     
  2. THUNDERELVI

    THUNDERELVI Elite Member

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    yes it can work, or a better idea would be for them to complete a free cpa offer so there is no cost involved, that would get more people interested and you can make a profit!
     
  3. lovemetender

    lovemetender Junior Member

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    In the US, that would be considered a lottery and would be illegal unless you are a non profit.
     
  4. hateandbreak

    hateandbreak Supreme Member

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    That's so Crazyyy! so Crazy it just might work!
     
  5. lewi

    lewi Jr. VIP Jr. VIP Premium Member

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    Make sure it is legal!

    Then you need massive promotion for it.. news site and TV and radio etc will make it seem more legit (despite the price).

    Not as easy as just throwing up a site and then it's done and you earn loads of cash.

    Lewi
     
  6. blackhatworldvi

    blackhatworldvi Newbie

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    check local ordinances. make sure it is not gambling
     
  7. plutomic

    plutomic Newbie

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    Ok, i have a better idea then.

    I will do what was suggested.. and offer free entries in exchange for cpa.

    Then' ill just INCLUDE a donation section..and if anybody is willing to donate, they will get 5 free entries or something.

    on top of all that i'll be able to create a email list by having them sign up for my newsletter and everything..


    can someone help me get this off the ground?maybe someone can guide me through my first successful idea
     
  8. lovemetender

    lovemetender Junior Member

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    I have considered doing this but you need massive start up money for promotion and lots of people are not trusting that you will actually get the prize. Think of it like those free ipod sites where you have to do offers to get the free ipod.
     
  9. plutomic

    plutomic Newbie

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    someone message me and help me out. i have no idea what im doing..
     
  10. plutomic

    plutomic Newbie

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    i can't think of a good name.. im about to get a domain right now.
     
  11. likeskoolaid

    likeskoolaid Regular Member

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    how are you going to make millions with that?
     
  12. plutomic

    plutomic Newbie

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    a million people enter the raffle.the end.

    im not talking about right off the bat.. i mean, over time.



    *sigh* haters gonna hate
     
  13. surprise

    surprise Junior Member

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    you think millions havent thought of this before?

    it's not legal.
     
  14. likeskoolaid

    likeskoolaid Regular Member

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    haters gonna hate... lol you must be a troll or something.

    keep dreaming though bud.
     
  15. elitemarketer

    elitemarketer Junior Member

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    I think that in the UK, you will have no issues with this method.
     
  16. alexandraM

    alexandraM Junior Member

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    check your local laws...may not be legal where you live
     
  17. plutomic

    plutomic Newbie

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    i will host everything on an offshore server..


    how is it not legal? I'm taking a donation,and then putting their name is a raffle.
     
  18. surprise

    surprise Junior Member

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    because there are states laws that only allow charitable raffles.. and the states that allow raffles require you to have a license (it's considered gambling)
    and hosting offshore won't do anything.

    hxxp://rafflefaq.com/united-states-raffle-laws/
     
  19. plutomic

    plutomic Newbie

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    ok, well what if i actually do have a charitable raffle and give all the money to a charity?

    I'll make my money of off ads, and private donations.
     
  20. likeskoolaid

    likeskoolaid Regular Member

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    even charities can take an administration fee from what they raise. i could see you being able to take some money out of what everyone submits as long as you don't do it secretly and you tell them your intentions to do so.