Posts Tagged ‘silent’

Chinese auction

Posted by Nicolae on October 30th, 2008 under Gambling terminology
Tags: , , , , , , , , , , , ,  •  No Comments

A Chinese auction is a type of auction (actually a combination of auction and raffle) that is typically featured at charity or other fundraising events.In a Chinese auction, bidders are not prospective buyers (as in the conventional English auction). Instead, they buy tickets, which are essentially chances to win items. Bidders may [...]