Auction vs. Raffle — What's the Difference?

An auction is usually a process of buying and selling goods or services by offering them up for bid, taking bids, and then selling the item to the highest bidder or buying the item from the lowest bidder. Some exceptions to this definition exist and are described in the section about different types.

A raffle is a gambling competition in which people obtain numbered tickets, each of which has the chance of winning a prize. At a set time, the winners are drawn at random from a container holding a copy of each number.

A public sale in which property or items of merchandise are sold to the highest bidder.

A lottery in which a number of persons buy chances to win a prize.

(Games) See auction bridge.

Rubbish; debris.

To sell at or by an auction

To dispose of in a raffle. Often used with off.

A public event where goods or property are sold to the highest bidder.

To conduct or take part in a raffle.

(bridge) The first stage of a deal, in which players bid to determine the final contract.

A drawing, often held as a fundraiser, in which tickets or chances are sold to win a prize.

To sell at an auction.

(obsolete) A game of dice in which the player who throws three of the same number wins all the stakes.

A public sale of property to the highest bidder, esp. by a person licensed and authorized for the purpose; a vendue.

Refuse; rubbish

The things sold by auction or put up to auction.

(transitive) To award something by means of a raffle or random drawing, often used with off.

To sell by auction.

(intransitive) To participate in a raffle.

A variety of bridge in which tricks made in excess of the contract are scored toward game; now generally superseded by contract bridge

A kind of lottery, in which several persons pay, in shares, the value of something put up as a stake, and then determine by chance (as by casting dice) which one of them shall become the sole possessor.

The public sale of something to the highest bidder

A game of dice in which he who threw three alike won all the stakes.

Sell at an auction

Refuse; rubbish; raff.

To engage in a raffle; as, to raffle for a watch.

To dispose of by means of a raffle; - often followed by off; as, to raffle off a horse.

A lottery in which the prizes are goods rather than money

Dispose of in a lottery;