Plan to get a 5D3 for $1

[Marine03]

So I just saw another members signature joking about a kind soul who would donate a 5D3 that good Karma would be upon them etc.

Now what if you did a first come first serve list of 3500 people.  Now in this list Everyone donates a dollar to the "raffle"  because obviously the cost would be 3,500 if everyone gave each other a dollar and it would wash out but if it were designed like a weekly drawing, you would have a change at a new camera for 1 dollar with fairly low odds.  I know I"d be willing to take that risk every week for a year.

Not sure how many others would be on board but if you can think of a good way to administer it.... unsure if pay pal is a safe enough place to hold those funds in escrow while we do this?   

[neuroanatomist]

That's not a plan to get a 5DIII for $1, that's a plan for someone else to get a 5DIII for $1.

What you do is run the contest with a $7000 goal, that way you and 'one lucky winner' get a 5DIII. But you didn't hear that idea from me. 

[bycostello]

sounds a good game.. but don't think you'd get the scheme of the ground for sooo many reasons....

[rpt]

You are not going to like this, but it is prevelant in India. It goes by the name kitty party or chit fund. Take a look at these links:
http://qna.rediff.com/questions-and-answers/what-is-kitty-party/3548905/answers
http://en.wikipedia.org/wiki/Chit_fund

 

Come over to India. Apart from these activities you will have a great number of opportunities to take pictures at the myriad temples and sanctuaries.

[Northstar]

So I just saw another members signature joking about a kind soul who would donate a 5D3 that good Karma would be upon them etc.

Now what if you did a first come first serve list of 3500 people.  Now in this list Everyone donates a dollar to the "raffle"  because obviously the cost would be 3,500 if everyone gave each other a dollar and it would wash out but if it were designed like a weekly drawing, you would have a change at a new camera for 1 dollar with fairly low odds.  I know I"d be willing to take that risk every week for a year.

Not sure how many others would be on board but if you can think of a good way to administer it.... unsure if pay pal is a safe enough place to hold those funds in escrow while we do this?

that's still only a 1 in 3500  shot that you win one each week. (Assuming there is always 3500 people in the raffle)  So let's play...try picking the number I'm thinking of right now between 1 -3500...that's how hard it would be to win.

 Those are Incredibly low odds of winning. (Don't get me started on the lottery )

[infared]

So I just saw another members signature joking about a kind soul who would donate a 5D3 that good Karma would be upon them etc.

Now what if you did a first come first serve list of 3500 people.  Now in this list Everyone donates a dollar to the "raffle"  because obviously the cost would be 3,500 if everyone gave each other a dollar and it would wash out but if it were designed like a weekly drawing, you would have a change at a new camera for 1 dollar with fairly low odds.  I know I"d be willing to take that risk every week for a year.

Not sure how many others would be on board but if you can think of a good way to administer it.... unsure if pay pal is a safe enough place to hold those funds in escrow while we do this?

that's still only a 1 in 3500  shot that you win one each week. (Assuming there is always 3500 people in the raffle)  So let's play...try picking the number I'm thinking of right now between 1 -3500...that's how hard it would be to win.

 Those are Incredibly low odds of winning. (Don't get me started on the lottery )

I just saw the 5DIII Listed for $2769..( about $700 less than I paid for it...UGH!)so ...if he runs the raffle for that amount...it should increase your odds! GOOD LUCK!

[marekjoz]

Well, from the legal point of view this is not easy as in some countries public money collection, fund raising or public lottery require additional formal permissions. I'd be really careful announcing it without a prior deep check for legal regulations in this area

[miah]

This reminds me of a great bumper sticker I saw once: The Lottery, a tax on people who are bad at math

[Jay Khaos]

True.. technically, assuming a camera is given out everytime the price is reached (the organizer doesn't take profit), you will win 1 in 3500 times on average.  You're just as likely to spend more than the retail price as you would be to spend less.

Beyond that, the likelihood that an organizer would give one away at exactly retail price without taking a profit is highly unlikely (I wouldn't...).  Plus the mkiii sells for less than $3500 in the US now anyway.

In fact, I got the kit on sale for 3750 and resold the 24-105 for about $900... so $2850 for the body (new).  The only one who has an educated reason to be excited about this lottery is the organizer haha

[1255]

That's not a plan to get a 5DIII for $1, that's a plan for someone else to get a 5DIII for $1.

What you do is run the contest with a $7000 goal, that way you and 'one lucky winner' get a 5DIII. But you didn't hear that idea from me. 

smart, and funny

[PackLight]

I'll get the PO box set up.
Please send cash.
Once $3500 is recieved I know that there will be one lucky person who gets wins a new 5D III.

After this event lets do a 300mm f/2.8L II. I could use one of those to.

[rpt]

This reminds me of a great bumper sticker I saw once: The Lottery, a tax on people who are bad at math

LOL!
I am still waiting to win the lottery. The lottery ticket sellers on the other hand are still waiting for me to buy my first lottery ticket

Edit: Forgot to admit I am not that good at maths. Simple division on the other hand is ok...

[Rodknee]

Or somebody could just give sandymandy one of their old cameras that is better than her 1100d

And that couldn't be me as I don't have a DSLR yet.

[LSV]

I nominate Bernie Madoff to run the plan...only complication is he may be a Nikon shooter.

[Daniel Flather]

I'll get the PO box set up.
Please send cash.
Once $3500 is recieved I know that there will be one lucky person who gets wins a new 5D III.

After this event lets do a 300mm f/2.8L II. I could use one of those to.

+1000