Raffle vs Auction - What's the difference?
raffle | auction |
A drawing, often held as a fundraiser, in which tickets or chances are sold to win a prize.
(obsolete) A game of dice in which the player who throws three of the same number wins all the stakes.
To award something by means of a raffle or random drawing, often used with off.
To participate in a raffle.
A public event where goods or property are sold to the highest bidder.
*{{quote-magazine, date=2014-07-12, volume=412, issue=8895, magazine=(The Economist)
, title=
As nouns the difference between raffle and auction
is that raffle is a drawing, often held as a fundraiser, in which tickets or chances are sold to win a prize while auction is a public event where goods or property are sold to the highest bidder.As verbs the difference between raffle and auction
is that raffle is to award something by means of a raffle or random drawing, often used with off while auction is to sell at an auction.raffle
English
Noun
(en noun)- He entered a raffle to win a lifetime supply of toothpaste, but he did not win.
- (Cotgrave)
Derived terms
* meat raffleVerb
- They raffled off four gift baskets.
- to raffle for a watch
auction
English
(wikipedia auction)Noun
(en noun)Competition, hammered, passage=Auctions' come in a wide variety. In a “Dutch '''auction'''”, often used to sell flowers and fruit, prices start high and gradually drop until a bidder is willing to pay up. A “Japanese '''auction'''” is a bit like poker: bids rise with each round and anyone who wants to win must bid every time. Vendors using ' auctions rid themselves of the headache of choosing prices and instead just pick the rules bidders must follow.}}