50/50 Rules

50/50 rules                                                                                                                                                                          

  • Open to general public
  • Must be 19 of age or older to purchase and participate
  • Tickets to be purchased preferably via e-transfer to sellers
  • No refunds
  • Tickets can only be sold in NB
  • Tickets must be purchased before the last Friday 5:00 pm preceding the Monday draw, to be guaranteed in the draw

Will be during regular hockey season, 5 months November 2024 to March 2025

  • Ticket prices:
    • 1 ticket for 2.00$

Draw

  • Draw done monthly
    • Every first Monday of the month except for the month of January.
    • First draw will be held December 2, 2024
    • Other draws will be held January 6, February 2, March 3 and 31, 2025
  • Draw will be posted on social media, and name of the winner will be published publicly:
  • Winner will be paid by cheque within a week of draw date.
  • The winner will be able to pick up his cheque HDM office – Uniplex.
  • ID card is required to receive the cheque
  • After 90 days of money unclaimed, it will be put back for the next draw.

Proceeds

  • Proceeds from 50/50 is to support the HDM organization, team expenses, equipment
  • The winner wins half the total of the jackpot (50%)
  • 80% of the other 50%, goes to the players as a credit for next years 2023-2024
  • 20% of the other 50%, will go to the HDM organization to cover fees
  • Each player that sold tickets will bank money in a form of credit to cover next year registration costs.
  • If a player reaches their registration costs for next season 2023-2024, they can continue to sell 50-50 tickets towards next year expenses 2024-2025.
  • Players that lose tickets during the season will be charge the full price of the missing tickets on their account.

Sale

  • Each team to have a 50/50 team coordinator and a manager.
  • All tickets must be return to 50/50 team coordinator prior to the last Friday 6pm preceding the Monday draw (Dec. 4, Jan. 8, Feb. 5, Mar. 4 and 25)
  • 50/50 tickets will be distributed to each team that has identified a team coordinator, these tickets will be used the entire season.
  • 50/50 HDM coordinator will give initial team tickets to 50/50 team coordinator.
  • Additional tickets can be picked up by 50/50 team coordinator on specific nights (dates to be communicated by 50/50 HDM coordinator)

 

Roles:

  • HDM organization Role?
    • Keep track of all
    • To draw and pay the lucky winner!

 

  • 50/50 HDM coordinator Role?
    • Make sure enough tickets are printed
    • Coordinate monthly draws
    • Help 50/50 team coordinator
    • Keep inventory of team tracker spreadsheet, number of tickets, name of team and number of unaccounted tickets
    • Keep track of all team’s ticket distribution
    • Calculate amount for monthly draw.
    • Produce monthly report
    • Produce Year-end report

 

  • 50/50 team coordinator Role?
    • Collect all money and tickets from team members, preferably weekly, but definitely, prior to the last Friday 6pm preceding the Monday draw (Dec. 2, Jan. 6, Feb. 3, Mar. 3 and 31)
    • Divide tickets by players for each team
    • Hand out and track ticket count per player using “Ticket distribution – signatures” spreadsheet and transcribe numbers into third tab of HDM Team Tracker 2024-2025
    • Track individual player sales using “Receiving Tickets – signatures” spreadsheet and transcribe numbers into second tab of HDM Team Tracker 2024-2025
    • Remove all staples from sold tickets (if stapled)
    • Before the last Saturday 12:00 pm (noon) preceding the Monday draw (Dec. 2, Jan. 6, Feb.35, Mar. 3, and 31)