I don't think it works that way. I'm pretty sure you gain the opportunity to have 50% off.
My friend says you each get 50% off.
* To qualify for the 2 for 1 Adult Rocky Mountain Super Pass offer, a new Wells Fargo consumer checking customer must be a student, faculty, or staff member of an accredited institution (a two- or four-year college or university, or a trade school) in Colorado or Wyoming, and open and fund a new eligible Wells Fargo Checking Package checking account with a $100 minimum opening deposit between July 1, 2012, and December 9, 2012. All Wells Fargo Checking Packages® are eligible for this offer. See banker for checking package details. Limit one 2 for 1 Adult Rocky Mountain Super Pass voucher per customer. Customer will receive a 2 for 1 Adult Rocky Mountain Super Pass voucher at the time of opening and funding the new Wells Fargo Checking Package checking account, which he or she may use to purchase an Adult Rocky Mountain Super Pass at participating locations by December 9, 2012. Visit skicolorado.com for locations and purchasing information. Both students/faculty/staff members must present valid Colorado or Wyoming college/university ID cards (one per student/faculty/staff) along with the original voucher at the time of purchase. Voucher is valid for Adult Rocky Mountain Super Pass only. Customer can select to upgrade to an Adult Rocky Mountain Super Pass Plus for an additional $100 per pass and includes six unrestricted days at Steamboat. No other products or passes may be substituted. Voucher has no cash value and may not be sold, traded, or auctioned. No substitutions. Offer good while supplies last and cannot be combined with any other offer. Limited time offer; subject to change or cancellation at any time. Offer available only at participating Wells Fargo banking locations in Colorado and Wyoming. Wells Fargo team members are not eligible for this offer.