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Are Silent Auctions Gambling
Retrieved from 'https://en.wikipedia.org/wiki/Chinese_auction'
Are Silent Auctions Considered GamblingAre Silent Auction Considered Gambling
While the laws vary from state to state, most states require that the gambling be for social fundraising purposes, actual money cannot exchange hands, and that there is no real value to the chips with which people gamble. Some states may require both a gambling and liquor permit for the event. These Silent Auction Ideas will help you organize a successful fundraiser. Virtually any charity can use silent auctions as a means of fundraising to support their charitable cause. In fact, organizing and running a silent auction is much easier than it may seem, especially if you’re hosting your auction online with a fundraising strategy. We have an easy fundraising website that will help you reach your goals. Oct 06, 2019 A silent auction is a fundraising technique frequently used at charity events. It differs from the typical auction conducted by an auctioneer who calls out the prices for items and then takes the raised hands or paddles of people as bids at a certain price. It’s often a preferred means. Oct 02, 2007 Unlike raffles and 50/50 draws, live and silent auctions are not considered a 'game of chance,' therefore, a licence is not required. This regulation may vary in other parts of the world so I suggest you contact your local Gaming Commission for rules and regulations in your area.
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