poll How many nameprosers would buy a raffle ticket for a 4L.com?

[The Durfer]

Is this possible, a raffle to buy 4L.coms at a cheaper price? I think it could work as long as there was a reserve and the seller was getting what they wanted monetarily from their domain. $10-$20 tickets and the seller sets their reserve price and the raffle is void if not enough people buy a raffle ticket. hmmm. comments? ty

 

[The Durfer]

not sure how namepros would moderate this. Seems the raffle laws are by state, and in the US only the government can run the lottery.

 

[nxe]

It largely depends on the domain. If we're talking about domains valued between $100 and $500, these are often random combinations, and I don't see much sense in running a raffle for such low-value names.

While the domain world does lend itself to gambling, most domainers here are investors, and there’s a big difference between the two activities.

Personally, I often avoid auctions and prefer to buy at a fixed price because I don’t like relying on luck to win. Instead, I want to have full control over my cash flow and optimize my time.

 

[Bravo Mod Team]

Very clever and interesting concept.

 

[dncafe]

Yes, $5 Raffle Ticket for entry into the CVCV .com Giveaway

 

[dncafe]

not sure how namepros would moderate this. Seems the raffle laws are by state, and in the US only the government can run the lottery.

It's eRaffle and the LLLL.com is a gift

 

[D Haynes]

I like it. Could be any domain really not just 4Ls.

 

[HotKey]

Nah. I feel like 4L is the new penny stocks. Mind you words like mint or thousands others are not what this 4L lottery would compromise of.

 

[Coconuts]

Very clever and interesting concept.

Raffles are illegal

 

[The Durfer]

Raffles are illegal

without a permit

 

[johnn]

https://worldpopulationreview.com/state-rankings/raffle-laws-by-state

 

[Coconuts]

without a permit

Not at all for profit.

Customer:
I am actually interested in the answer to the above question. "Is it Legal to hold a raffle for personal gain?" I would like to start paying off my debt and cannot do so with the amount of money I currently make. I was considering fundraising by selling Items I currently own and raffling off higher valued items for the cause. Is this legal? I noticed there are a lot of laws concerning fundraising but was curious if this applied to individuals like me.

Reply

ScottyMacEsq :
Thank you for using JustAnswer. I am researching your issue and will respond shortly.


ScottyMacEsq :
Unfortunately no, this would not be legal. Raffles are generally considered "gambling" and are illegal, but are allowed under certain instances by 501(c)(3) organizations that obtain a license to do so. It HAS to be a 501(c)(3) organization. A nonprofit that does not have that tax exempt status cannot obtain a gaming license to conduct a raffle for fundraising purposes.

ScottyMacEsq :
Gambling is the payment of mone
y for an uncertain chance to win a certain prize.

ScottyMacEsq :
So if someone buys a ticket for the chance (that is not a certainty) to win any specific thing of value, then that would be gambling and would be illegal UNLESS you were a 501(c)(3) organization AND had a license to conduct the raffle.

 

[equity78]

https://worldpopulationreview.com/state-rankings/raffle-laws-by-state

Yeah for profit they are illegal. Many many years ago I don't think the guy is even still in the business but a guy had DomainRaffle.com I remember talking with him about it because he loved the idea. After talking to lawyer it was clear it was a no go.

 

[The Durfer]

Not at all for profit.

Customer:
I am actually interested in the answer to the above question. "Is it Legal to hold a raffle for personal gain?" I would like to start paying off my debt and cannot do so with the amount of money I currently make. I was considering fundraising by selling Items I currently own and raffling off higher valued items for the cause. Is this legal? I noticed there are a lot of laws concerning fundraising but was curious if this applied to individuals like me.

Reply

ScottyMacEsq :
Thank you for using JustAnswer. I am researching your issue and will respond shortly.


ScottyMacEsq :
Unfortunately no, this would not be legal. Raffles are generally considered "gambling" and are illegal, but are allowed under certain instances by 501(c)(3) organizations that obtain a license to do so. It HAS to be a 501(c)(3) organization. A nonprofit that does not have that tax exempt status cannot obtain a gaming license to conduct a raffle for fundraising purposes.

ScottyMacEsq :
Gambling is the payment of mone
y for an uncertain chance to win a certain prize.

ScottyMacEsq :
So if someone buys a ticket for the chance (that is not a certainty) to win any specific thing of value, then that would be gambling and would be illegal UNLESS you were a 501(c)(3) organization AND had a license to conduct the raffle.

correct. In the USA, dont know about the rest of the world though.

 

[The Durfer]

i read this stuff before i started the thread. hello?

 

[The Durfer]

also i mentioned in another thread, cant reference it rite now but if namepros came up with a cointoken prize reward system for tshirts etc.

 

[The Durfer]

look at the vote though, it depends, the answer isnt black and white. So should laws be black and white?

 

[D Haynes]

There will be work arounds. There are a few sites advertised on UK TV which are essentially raffles/lotteries (7days.co.uk). Not sure how they're skirting the law .

 

[equity78]

There will be work arounds. There are a few sites advertised on UK TV which are essentially raffles/lotteries (7days.co.uk). Not sure how they're skirting the law .

Yes, 7 Days Performance operates legally in the UK, as they are a registered and public company since 2018. They are not regulated by the UK Gambling Commission, but they still comply with the Playing Act of 2005.

https://www.botb.com/7-days-reviews

Now when I put in 7days.co.uk from the U.S. I get
We apologize, but 7days is currently unavailable in your country.
Due to regulatory restrictions, 7days cannot be accessed from your location.
If you are traveling in a country where our service is unavailable, you won't be able to access our services until you return to a supported location.

 

[equity78]

correct. In the USA, dont know about the rest of the world though.

I agree but Namepros is a U.S. based website and they would not be able to get around it, I don't think they would take the potential liability. And I can tell you with how much animosity there is in this industry there would be people that would report them who are not Namepros friendly.

 

[equity78]

also i mentioned in another thread, cant reference it rite now but if namepros came up with a cointoken prize reward system for tshirts etc.

That would be cool or perhaps the Namepros meme token (kidding on that too many controversies on those)

 

[The Durfer]

I agree but Namepros is a U.S. based website and they would not be able to get around it, I don't think they would take the potential liability. And I can tell you with how much animosity there is in this industry there would be people that would report them who are not Namepros friendly.

even friendly non-monetary means?

 

[The Durfer]

if only namepros was a billionaire philanthropist and could give away 4L.coms for free. ahhhhhh.

 

[The Durfer]

if thats the case and websites are worldwide can the nonamericans do this on a neutral website?

 

[The Durfer]

if thats the case and websites are worldwide can the nonamericans do this on a neutral website?

i guess what im saying is, if a website's goal is to serve the world and not just one country, shouldnt it be allowed to do something that the majority members allow? Just asking. What am I asking? hmmm, should the website have a home base anyway if its serving the world? I thought the point of the internet was to make a neutral zone for the world to interact in, but if we base everything on where it is physically located then this cannot be accomplished and the internet has failed.