What is the Chinese auction?
Chinese auction that is not the origin of the Chinese is a quiet auction in which applicants buy tickets and present them in the hope of winning a price. There are four different types of Chinese auctions, one of which is not an auction at all. The primary difference between these four types is how the winner is selected. Chinese auction actions are most often performed as fundraisers because they can bring a large amount of money to charity. Starting the auction itself is cheap, with only prices, tickets and perhaps the auction needed for the event. Silent auction usually means that there is no auctioneer and people quietly offer objects using tickets. Two of the Chinese auction formats do not require an auctioneer, but two more yes. Regardless of all the candidates are silent in all formats. Tickets are a large part of these auctions, so running an effective event means that many tickets for sale must be prepared.
One format for Chinese auction includes the location of several different items on the display, each with its own bowlor a bucket nearby. Applicants buy tickets, look at each of the items, and then put their tickets to the bucket of items they want to offer. The applicant can place as many tickets as he wants in a bucket of a particular item to increase his chances of obtaining this item. At the end of the auction, someone chooses a bucket ticket and the owner of this ticket is the winner of this item. People who have not won do not get their tickets back, a property shared by all Chinese auction styles.
The second format uses the auctioneer and, as well as traditional auctions, one item is displayed at once. When the auctioneer talks about the item, one or more people will collect tickets from the applicants. After all tickets, the auctioneer chooses one ticket to determine the winner.
The third Chinese auction style is similar to the other. The auctioneer is used and one or all items will be exposed. In this format, everyone puts their tickets at the beginning of the event. The first ticket wins the first item, the second wins the second item, etc.
In the fourth Chinese auction format, which is not an auction at all, each wrapped gift brings approximately the same value. Then send a ticket and the first person whose ticket is selected will receive the first choice of a gift. The second person whose ticket is selected will choose the presence or price. It continues until everyone chooses one of the wrapped prices.