We already been through this odds thing. Do I need to school you again?
I didn't say the odds on VP were 0. What are my odds of multiplying my initial investment 5 fold on VP?
I think I need to explain this to you in simple terms since you're having trouble understanding.
Option 1: Raffle
Probability of winning: 120/739 = 16.2% (close to 5:1)
Prize value: $18,295
Expected value of winnings: 16.2% x $18,295 = $2,964
Option 2: Video poker
Payout %: 95% (this is an assumption based on wizardofvegas data. Anything above 82% works)
Wager: $3600
Expected value of winnings: 95% x $3,600 = $3,420
Why wouldn't you want $456 extra in expected earnings?