Available Definitions:
1) v. - A kind of lottery, in which several persons pay, in shares, the value of something put up as a stake, and then determine by chance (as by casting dice) which one of them shall become the sole possessor.
2) v. - A game of dice in which he who threw three alike won all the stakes.
3) v. i. - To engage in a raffle; as, to raffle for a watch.
4) v. t. - To dispose of by means of a raffle; -- often followed by off; as, to raffle off a horse.