State of the Hobby-Razz

[A_Pharis]

The most interesting part was that this guy (Mike) was getting texts all night of cards that he didnt even have in hand, and they were selling like crazy.

Someone texted him a Kaepernick RPA and it sold for $12 a slot...all the money was sent to the texter and Mike razzed it once all payment was sent.

This would be such a PITA to monitor. (The "razzing" of cards that are no "in-hand")
Let's say someone texts in that they are "razzing" a graded 1/1 no auto error. That may not be what gets sent, if anything gets sent at all.

If they were to take place, at all, it would need to be for in-hand cards only.

 

[jbhofmann]

This would be such a PITA to monitor. (The "razzing" of cards that are no "in-hand")
Let's say someone texts in that they are "razzing" a graded 1/1 no auto error. That may not be what gets sent, if anything gets sent at all.

If they were to take place, at all, it would need to be for in-hand cards only.

Like I said, the level of trust displayed by the broadcaster was about as high as I've ever seen in the hobby. He was basically putting his name at risk to consign cards without ever touching them.

 

[phillyfan0417]

A raffle is innovative? Really? Is an escalator futuristic?

Using it to maximize profits on cardboard? I would say so.

Just because a concept isnt new it doesnt mean a different application of it isnt innovative.

 

[jbhofmann]

A raffle is innovative? Really? Is an escalator futuristic?

"But Steve what makes you think everyone will want an Apple Phone? bwhahahahahahahaha everyone already has a phone!"

 

[goldenegg1]

I think you may actually be in the same group I am for these razz.....er...ffles... whatever you want to call it.
I find the idea pure genius and I have been actively participating for a couple of weeks now. I have won some sweet cards that I would never have owned if it weren't for this. And I have moved a lot of cards without paying Feebay fees. It is actually helping me get more funds for the National. The idea is very simple. Let's say an Andrew Luck auto patch comes up for $20 a spot for 10 spots (which I participated yesterday.) That is like me opening a pack of cards knowing that there is an Andrew Luck Patch auto in that 10 pack box. You can't tell me that everyone on here would not take those odds. Hell if I knew there was an Andrew Luck auto patch card in a box, I'm more than likely opening until I hit it. Nothing wrong with it and it is far from dirty. You guys would flip if you saw the high end that gets moved in these. I would highly encourage FCB to something like this, because it is really taking off.

 

[nyc3]

Using it to maximize profits on cardboard? I would say so.

Just because a concept isnt new it doesnt mean a different application of it isnt innovative.

Its been around for many many years. But not until the past 2 it seems greed has grabbed another section of the hobby. I think they would be a great thing for this website IF it stayed with in ebays values. But that wont happen even when avoiding ebay fees it seems they need even more than that. Now according to above the guy last night didnt over charge which is great but not what we are talking about. I am talking about ones I have seen ( I havent seen one where the seller dont make out like a bandit).

I just dont see the logic of why now the seller not only is making the money from avoiding ebay fees but they have to tax on a few more bucks on top of that. I think they would work well if slimy hands have stayed away but its become a lets see how far I can go game. The ones I seens also love to over value their crap, yes ignore the 7 listings which ended at $65 your card is worth $90 cause it sold that 45 days ago so sell 10 raffles at $10.00. While I do agree some of these wont fill most will because of the gamblers we have in this hobby (and some prey on).

 

[jbhofmann]

I think you may actually be in the same group I am for these razz.....er...ffles... whatever you want to call it.
I find the idea pure genius and I have been actively participating for a couple of weeks now. I have won some sweet cards that I would never have owned if it weren't for this. And I have moved a lot of cards without paying Feebay fees. It is actually helping me get more funds for the National. The idea is very simple. Let's say an Andrew Luck auto patch comes up for $20 a spot for 10 spots (which I participated yesterday.) That is like me opening a pack of cards knowing that there is an Andrew Luck Patch auto in that 10 pack box. You can't tell me that everyone on here would not take those odds. Hell if I knew there was an Andrew Luck auto patch card in a box, I'm more than likely opening until I hit it. Nothing wrong with it and it is far from dirty. You guys would flip if you saw the high end that gets moved in these. I would highly encourage FCB to something like this, because it is really taking off.

FCB could get ahead of the other forums and really have something that will bring in traffic big time.

 

[jbhofmann]

Its been around for many many years. But not until the past 2 it seems greed has grabbed another section of the hobby. I think they would be a great thing for this website IF it stayed with in ebays values. But that wont happen even when avoiding ebay fees it seems they need even more than that. Now according to above the guy last night didnt over charge which is great but not what we are talking about. I am talking about ones I have seen ( I havent seen one where the seller dont make out like a bandit).

I just dont see the logic of why now the seller not only is making the money from avoiding ebay fees but they have to tax on a few more bucks on top of that. I think they would work well if slimy hands have stayed away but its become a lets see how far I can go game. The ones I seens also love to over value their crap, yes ignore the 7 listings which ended at $65 your card is worth $90 cause it sold that 45 days ago. While I do agree some of these wont fill most will because of the gamblers we have in this hobby (and some prey on).

But the demand for the card drives the price of the razz. Most people aren't dumb (well...) and if the spots are priced to high, the razz never happens or the card owner has to set a better price point.

 

[A_Pharis]

FCB could get ahead of the other forums and really have something that will bring in traffic big time.

The problem comes in with the legalities of raffles. I don't like the idea of trying to skirt laws.

 

[RStadlerASU22]

But the demand for the card drives the price of the razz. Most people aren't dumb (well...) and if the spots are priced to high, the razz never happens or the card owner has to set a better price point.

Was about to say same thing ... Market sets itself, eBay isn't the end all for market but used as a guide it works I see nothing wrong with profit over eBay if that's what the market is dictating. Using that Luck posted above as example. Say it routinely sells at $200 eBay, $180 after fees. If the seller can get $22 per slot of 10 slots, like the post says its a hit that the risk / reward is better than opening packs. So if seller can get $220 , if buyers pay over as a total if they were to go buy it individuallt as its better odds than wax, IMO it's all good

Ryan

 

[nyc3]

But the demand for the card drives the price of the razz. Most people aren't dumb (well...) and if the spots are priced to high, the razz never happens or the card owner has to set a better price point.

In theory but I have seen guys who just got their rears handed to them in breaks blindly listen to the breaker say who wants to get in on this raffle the card sells for 300 so 10 spots for 40 each and people jump all over it. And in reality the card is $260-280 all day but people just jump at the chance to get their "hit".

 

[RStadlerASU22]

The problem comes in with the legalities of raffles. I don't like the idea of trying to skirt laws.

If anyone knows what the laws are , please post, I'm curious. Is it state by state where it's being run? Do laws state each person needs to "leave" with something etc

Ryan

 

[RStadlerASU22]

In theory but I have seen guys who just got their rears handed to them in breaks blindly listen to the breaker say who wants to get in on this raffle the card sells for 300 so 10 spots for 40 each and people jump all over it. And in reality the card is $260-280 all day but people just jump at the chance to get their "hit".

The buyers need to put in the time to make their assessment of the card and pay for the slot accordingly. If asking slot is too high it won't fill. It's gotta go both ways , not just blame the seller for the high price, but if that's what the buyers want to pay, no harm

Ryan

 

[AmishDave]

If anyone knows what the laws are , please post, I'm curious. Is it state by state where it's being run? Do laws state each person needs to "leave" with something etc

Ryan

It has something to do with the payment process, through Paypal. You can't put raffles in the title of the payment. Something to that affect.

 

[All In Cards]

If anyone knows what the laws are , please post, I'm curious. Is it state by state where it's being run? Do laws state each person needs to "leave" with something etc

Ryan

I think it goes along the lines of the grab bag, that is why Leaf, Prospect Rush, Pastime have all added an original card to their box. As you now automatically get a card with a chance at one of the buy backs.

Also the way we did Oval Office, I had sketch cards for all the slots but 1 person got a sketch card along with a Cut of a president.

 

[A_Pharis]

The laws don't just pertain to PayPal. Raffles are a form of gambling, and there are regulations. It's the same reason companies offer NPNs, or - as Andrew said - include "something" for everyone.

 

[A_Pharis]

Is Your Fundraising Raffle Legal in Your State? | NALS...the association for legal professionals

 

[bcubs]

Its been around for many many years. But not until the past 2 it seems greed has grabbed another section of the hobby. I think they would be a great thing for this website IF it stayed with in ebays values. But that wont happen even when avoiding ebay fees it seems they need even more than that. Now according to above the guy last night didnt over charge which is great but not what we are talking about. I am talking about ones I have seen ( I havent seen one where the seller dont make out like a bandit).

I just dont see the logic of why now the seller not only is making the money from avoiding ebay fees but they have to tax on a few more bucks on top of that. I think they would work well if slimy hands have stayed away but its become a lets see how far I can go game. The ones I seens also love to over value their crap, yes ignore the 7 listings which ended at $65 your card is worth $90 cause it sold that 45 days ago so sell 10 raffles at $10.00. While I do agree some of these wont fill most will because of the gamblers we have in this hobby (and some prey on).

Why do you care so much if the seller is getting a higher price? Does it really bother you that someone found a way to make a few extra bucks? The people entering the razzle are paying well below market value for a chance at the card and they have no problem with it. I don't get where you're coming from.

 

[A_Pharis]

I have to agree that it's no big deal if the host makes money. Many service-based industries make money in the same way in the US and around the world. Hell, a lot of eBay's moneymaking is in the fact that they provide a hub for selling. That's really what this is, but it has the aspect of gambling. Which is the one thing that needs to be avoided.

So, yes. If someone wanted to do "Razzles" then they would want to make a couple of bucks over the value of the card to cover the "extras" that would go out to everyone else.

 

[goldenegg1]

I have to agree that it's no big deal if the host makes money. Many service-based industries make money in the same way in the US and around the world. Hell, a lot of eBay's moneymaking is in the fact that they provide a hub for selling. That's really what this is, but it has the aspect of gambling. Which is the one thing that needs to be avoided.

So, yes. If someone wanted to do "Razzles" then they would want to make a couple of bucks over the value of the card to cover the "extras" that would go out to everyone else.

What if the extras that go out to the people that do not win is a discount on your future razzles?
For instance, I put up a Nolan Ryan on card auto jersey for $7 for 10 spots, the winner gets the card, the other 9 people get $1 my next razzle per spot. Does that make sense?