How to master raffles

<aside> <img src="https://pbs.twimg.com/profile_images/1577711495575633920/ouxZmB5Y_400x400.jpg" alt="https://pbs.twimg.com/profile_images/1577711495575633920/ouxZmB5Y_400x400.jpg" width="40px" /> NFT Doctor @NFT_Doctor33: ❗️DON'T RAFFLE YOUR SHIT OR BUY TICKETS BEFORE READING THIS THREAD.

Everything you need to know about @FamousFoxFed raffles.

A thread.

https://pbs.twimg.com/media/FigMV3fWIAAxbm9.jpg

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<aside> <img src="https://pbs.twimg.com/profile_images/1577711495575633920/ouxZmB5Y_400x400.jpg" alt="https://pbs.twimg.com/profile_images/1577711495575633920/ouxZmB5Y_400x400.jpg" width="40px" /> NFT Doctor @NFT_Doctor33: A few days ago I asked people if they wanted me to share my raffle strategy.

And the response was overwhelmingly positive.

So I will explain everything that I know from both buyer and seller perspectives.

twitter.com/NFT_Doctor33/s…

Decided to spend some Sol on raffles to understand the raffle market better.

These 2 are my wins during the last 2 days.

Would you be interested in a thread on the raffle market and strategies?

https://pbs.twimg.com/media/FiGiCZqXgAA6vL-.jpg

https://pbs.twimg.com/media/FiGiIdsWAAk9E7t.jpg

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Buy a FFF or TFF and stake it.

If you don't do this your raffle will not be featured on FFF website which means you will get much less exposure.
Also, holders only pay 2.5% per ticket sold and non-holders pay 5%. twitter.com/NFT_Doctor33/s…

Decided to spend some Sol on raffles to understand the raffle market better.

These 2 are my wins during the last 2 days.

Would you be interested in a thread on the raffle market and strategies?

https://pbs.twimg.com/media/FiGiCZqXgAA6vL-.jpg

https://pbs.twimg.com/media/FiGiIdsWAAk9E7t.jpg

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This is a security feature of FFF so that people cannot rig the system by buying their own tickets (well they still can but they have a risk of being flagged)

If you don't connect people will be less likely to buy your tickets.

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Raffles easily get oversaturated.

When people see that it became profitable for rafflers.

They start to raffle too soon after there are too many NFTs up for raffles and not enough buyers...

Follow the trends and choose the right time.

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If you are raffling a floor your total ticket value should not be more expensive than 35% of the floor price.

People are not stupid.

They are not going to pay 2x of the floor for your floor NFT (most of the time).

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The look of the NFT is super important for your rare NFT raffles.

Not everyone knows about the rarities of the collection that you are raffling.

It has to be clean and it has to look rare.

https://pbs.twimg.com/media/FigQX2pX0AI4Byo.jpg

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Don't forget there is a risk of not selling enough NFTs for your raffle.

So don't go all in with this and lose your most valuable NFTs for nothing.

Start with small NFTs and see how it goes then you can slowly try big ones.

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Don't lose yourself!

Buying tickets could be quite addictive and you easily lose all your bags within a few days.

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And you can easily think that I wanna win too!

But that is called publication bias, you only see the winners on Twitter.

People who lose it all generally don't share it on Twitter or get engagement.

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Here are some free tips from me:

A) Don't buy tickets from overbought raffles.

If the ticket total value is 2x of the floor for a floor NFT and the majority of the tickets are already sold don't buy it there are better raffles out there.

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Featured section only FFF/TFF holders rafflers, all raffles for everyone.

So if you check all raffles you will find raffles with better chances (because they are not featured much fewer ticket buyers hence the chances of winning)

https://pbs.twimg.com/media/FigTIXtXEAEwu39.jpg

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If you are bulk buying (you can buy up to %20 of total tickets from one wallet) wait for the last minute to put your bid in.

Only bulk buy if the raffle has not sold enough tickets and your chances of winning are good.

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To explain this I will give an example

Imagine an NFT valued at 100 sol raffled for 100 tickets for 1 sol each

You can choose to buy 20 sol worth of tickets from this raffle (bulk buyer)

And your outcome would be either 0(lost) or 1(won)

https://pbs.twimg.com/media/FigUxdzXwAE7wE1.jpg

https://pbs.twimg.com/media/FigU2sAWYAE3eKa.jpg

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<aside> <img src="https://pbs.twimg.com/profile_images/1577711495575633920/ouxZmB5Y_400x400.jpg" alt="https://pbs.twimg.com/profile_images/1577711495575633920/ouxZmB5Y_400x400.jpg" width="40px" /> NFT Doctor @NFT_Doctor33: Now imagine the same scenario but instead of buying 20 tickets from one raffle, you buy 1 ticket from 20 different raffles with the same conditions (100 fp NFT, 100 tickets 1 sol per ticket).

In this case, your outcome will be as follows ⬇️⬇️⬇️

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<aside> <img src="https://pbs.twimg.com/profile_images/1577711495575633920/ouxZmB5Y_400x400.jpg" alt="https://pbs.twimg.com/profile_images/1577711495575633920/ouxZmB5Y_400x400.jpg" width="40px" /> NFT Doctor @NFT_Doctor33: Raffle 1 outcome == 0(lost) or 1(won) Raffle 2 outcome == 0 or 1 . . . Raffle 20 outcome == 0 or 1

So if you lose all 20 raffles it will be equivalent to losing one raffle that you paid 20 sol (bulk buying)

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<aside> <img src="https://pbs.twimg.com/profile_images/1577711495575633920/ouxZmB5Y_400x400.jpg" alt="https://pbs.twimg.com/profile_images/1577711495575633920/ouxZmB5Y_400x400.jpg" width="40px" /> NFT Doctor @NFT_Doctor33: However, with this method, you have a slim chance of winning multiple raffles which you didn't have with the bulk buying method.

I spent around 30 sol to buy one ticket last week and in return, I won 40 sol worth of NFTs.

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<aside> <img src="https://pbs.twimg.com/profile_images/1577711495575633920/ouxZmB5Y_400x400.jpg" alt="https://pbs.twimg.com/profile_images/1577711495575633920/ouxZmB5Y_400x400.jpg" width="40px" /> NFT Doctor @NFT_Doctor33: I'm not saying this method has a 100% success rate, but if you don't have the time to do last-minute bulk bids, statistically speaking this is a much better method for you.

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Currently, we are in a raffle meta.

The main driver of this meta IMO, is the Solana prices.

Bc Solana price is super low atm people don't really care about the few dollars that they spend on gambling.

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<aside> <img src="https://pbs.twimg.com/profile_images/1577711495575633920/ouxZmB5Y_400x400.jpg" alt="https://pbs.twimg.com/profile_images/1577711495575633920/ouxZmB5Y_400x400.jpg" width="40px" /> NFT Doctor @NFT_Doctor33: However, if this continues like this I expect the raffle market the oversaturated again which will result in rafflers losing money and fewer raffles per day due to high risk.

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