Rotary club raises funds for boardwalk |

Rotary club raises funds for boardwalk

Dinner tickets were almost sold out Tuesday afternoon for one of the most dramatic fund-raising events on the Steamboat Springs calendar. But it’s still possible to purchase a $100 raffle ticket for Tango and Cash.

The annual fund-raiser for the Steamboat Springs Rotary Club will be held from 6 to 11 p.m. Saturday at Three Peaks Grill. The event typically raises as much as $10,000. A portion of this year’s proceeds will help finish construction of the club’s new Boardwalk at Rotary River Park, event co-chairman Greg Stetman said. Rotarians have put hundreds of hours of labor into the project, which affords new access to a natural area along the Yampa River while protecting the sensitive riparian environment.

Tango and Cash, as the name implies, offers dancing and dollars, as well as a three-course dinner. Tickets for dinner and dancing cost $35 each.

But the real drama comes from the 260 raffle tickets that Rotarians sell for $100 donations. Those tickets are good for 20 cash prizes given out during four drawing sessions, with tickets being removed from the raffle once they are drawn and the stakes getting higher throughout the evening.

“We give out $15,000 in cash,” Stetman said. “It’s a lot of fun.”

There is the possibility that one lucky ticket holder will go home with $7,000, but more typically, Stetman said, the three finalists for the grand prize cut a deal and split the dough.

The drama is generated by the ability of raffle ticket holders to cut deals by either selling or pooling their tickets.

The evening’s prizes include 10 $100 cash prizes and 10 “lucky loser” prizes, Stetman said.

The deal-making accelerates when the numbers of 10 ticket holders are called and they are invited to step to the front of the dining room for a chance at $2,500. One by one, losing tickets are called and the number of people still in the running dwindles. But at any time, the remaining players can mutually and unanimously agree to split the remaining prize money.

Another possibility is that aggressive audience members may bid to purchase the ticket of one of the ticket holders who are still in the running.

The tension ratchets up again when 10 more people are invited to the front of the room for a chance at the final $7,000 prize.

Dress is casual. Raffle tickets are available from Rotary Club members and at Central Park Liquor. Call 879-3428.

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