Well, bro, that is too expensive, can you explain why your price of selling a domain name that cost in that amount?
If ever there will be a site owner that wants to build a raffle-related website or just want the term
"raffle" as part of the domain whatever the service is, that domain name is suitable for them. Short and easy to remember that most audiences want. And since the domain name is considered as the most-used word on a search engine, with the help of some boost, it can reach the top results of all web-search engines in no time.
It might be expensive for us but reasonable for those site-owners that wants this kind of domain. Anyways, don't know what's the current bid as of this time. It needs login to Flippa I guess to check.