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LGCA Use OnlyC H A R I TA B L E G A M I N GCalcutta Auction A P P L I C AT I O NNote: Only eligible charitable or religious organization can be issued a charitable gaming licence. Your organization

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How to fill out calcutta auction

01

Create a list of players or teams to be auctioned off.

02

Assign a dollar amount to each player or team based on their perceived value.

03

Set up an auction format where participants can bid on players or teams.

04

Award the winning bidder the player or team they bid on at the assigned dollar amount.

05

Continue the auction until all players or teams have been bid on.

Who needs calcutta auction?

01

Fantasy sports leagues looking for a fun and interactive way to draft players.

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Organizers of fundraising events looking for a unique way to raise money.

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Sports leagues looking to add an extra element of competition to their draft process.

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What is calcutta auction?

Calcutta auction is a type of auction where participants bid on each team or individual player in an event. The highest bidder wins the team or player, with the winnings typically being divided among the bidders.

Who is required to file calcutta auction?

Anyone organizing or participating in a calcutta auction may be required to file information related to the auction.

How to fill out calcutta auction?

To fill out a calcutta auction, participants typically need to provide details about the event, teams or players being auctioned, bidding amounts, and final results.

What is the purpose of calcutta auction?

The purpose of calcutta auction is to create an exciting and competitive bidding process for teams or players in an event, while also providing a potential financial reward for participants.

What information must be reported on calcutta auction?

Information that may need to be reported on a calcutta auction includes details about the event, participants, bidding amounts, winning bids, and distribution of winnings.

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