Category Archives: Prize Insurance

Prize insurance gives marketers the ability to offer spectacular, attention-grabbing prizes that can be used to amplify engagement, create foot-traffic, motivate consumer behavior, generate sales, boost donations and increase publicity for a flat fee.

Fishing Promotion Gives One Contestant a Chance to Reel In $100K

fishing promotion - fish for a cure

Looking to “lure” more attendees to your next fishing tournament and “reel in” fundraising dollars in the process?  This Maine nonprofit organization did exactly exactly that by insuring a giant prize fishing promotion during their “Fish for A Cure” event!

On the specified promotion date, anglers at this fishing tournament helped raise funds for cancer research with a state record weight contest.  1,000 anglers were given the opportunity to catch a “grand prize” Northern Pike in any/all bodies of water throughout the state.  All anglers who caught Northern Pike would weigh in their catches at the scales at the end of the tournament.  If one of the Northern Pike happened to beat the current state record weight of 31.2 pounds, they’d win $100,000, paid for by Odds On Promotions!

While unfortunately, no one ended up managing to beat the state record, money was still fundraised to help fund cancer research and much fun was had by all of the anglers that day.

Tourney TIP: Want to make your fishing derby a “reel” win/win?  Incorporate a giant prize promotion into your next fundraising fishing tournament, and have the  insured prize split between winning angler and the charity of your choice, 50/50! 

Of course record weight promotions don’t only have to be insured by state — Odds On can also insure a world record weight promotion of your choice!  Just give us the species you’d like to cover, and we’ll put together a quote on the promotion — it’s free and no-obligation!

Looking for some other great fishing promotion ideas?   Check out our Top 5 Fishing Promotions PDF!  See what happens to catch your eye and then give Odds On a call at 888-827-2249.  You can also email us with any questions.

Promotion Winner: Damen Gonzales Wins $10K in Dice Roll Contest

promotion winner - dice rollSeekonk, Mass. – DiParma Italian Table has been serving fine Italian fare to folks in New England for over 30 years, but when they teamed up with Rhode Island’s number one coupon magazine, Community Values of Rhode Island, they ended up serving one lucky diner $10,000, paid for by Odds On Promotions.

In a promotion designed to increase awareness and drive traffic to the restaurant’s Seekonk location, DiParma Italian Table gave readers of Community Values the chance to roll a set of four customized dice, featuring the DiParma logo, and win $10,000 or one of five consolation prizes: $3 off any entrée; BOGO (buy-one, get one) half-off lunch or brunch; free appetizers with entrée; and $10 off dinner for two.

After reading about the promotion, promotion winner Damen Gonzales visited DiParma and entered for a chance to win. On December 7, Gonzales got the call letting him know he was one of the 10 lucky finalists. On December 8th, Damen rolled the four 1” dice and received four matching DiParma logos, winning the giant $10,000 prize, just in time for the holidays! Watch the winning dice roll.

According to Tom Holt, with Community Values, who helped to create this winning promotion for advertiser DiParma, not only is Gonzales featured on DiParma’s February ad, but “DiParma is already talking about giving away a car next year!”

Interested in making your or your sponsor’s advertising dollars work harder this Spring? Looking to possibly have a promotion winner of your own? Email or give Odds On Promotions a call today for a custom contest that will help you generate excitement and increase sales.

Number Match Promotion Valued at $50K Insured at Boat Show

Participating in a large event, such as a trade show?  Why not incentivize attendees to visit your booth by insuring a grand prize number match promotion with Odds On Promotions, like this Florida boat dealer did at their local boat show!

number match promotionHere’s exactly how it worked: the client’s local newspaper printed 10,000 inserts for distribution in the Sunday paper prior to the boat show.  Each insert contained a unique 6-digit number.  Readers who attended the boat show would present their newspaper insert and use Odds On’s handheld verification unit to enter in their 6-digit number.  If the number they entered ended up matching Odds On’s preselected 6-digit number, then that lucky attendee would have scored $50,000… compliments of Odds On Promotions!

While unfortunately, no one managed to guess the lucky number, traffic was still increased to the boat show and the promotion generated much excitement among attendees!

Other than a number match promotion, what else can I insure at my event?

Aside from our number match promotion, there are plenty of other contests which can be insured at any trade show or event!  Whether it’s one of our stock Video Scratch & Win promotions (or a custom one of your own!) or one of our many Lucky Envelopes contests available, we have a promotion for you!  Have a promotion idea of your own?  Feel free to share it with us — we’ll help you price it out and insure it!

Interested in insuring a number match promotion at your next big event?  Give Odds On a call today at 888-827-2249 for a free, no-obligation quote… or email us for more information!

Lucky Envelopes Promotion Insured at Ice Fishing Derby

lucky envelopesJust because its the middle of winter doesn’t mean you can’t run an amazing fishing event!  Check out how a  Wisconsin insurance agency recently assisted a local fishing derby by giving  participants a shot at winning the big bucks in an ice fishing derby Lucky Envelopes promotion, insured by Odds On Promotions.

Here’s how the Lucky Envelopes promotion worked: 4 lucky contestants of the ice fishing derby, chosen at random, were selected to participate in the Pick ‘Til You Win-style Lucky Envelopes promotion, in which each of the 4 individuals chose 5 lucky envelopes.

5 Lucky Envelopes Could Have Meant a $10,000 Payout…

The 4 contestants each started with 35 envelopes, opening one envelope at a time, unveiling one of three different prize symbols, representing three different prizes. The first prize symbol drawn five times would be the prize the lucky contestant would walk away with.  If a lucky angler managed to select the five Lucky Envelopes which contained the matching grand prize symbols, then they’d win an instant $10,000… paid for by Odds On Promotions!   Did we mention that each of the 4 participants of the promotion each had a chance to win the insured prize?  Yep, there was a total of $40K on the line!

Although unfortunately, no one managed to score the $10,000 grand prize, it was still a winning day for participants because  the event featured over $16,000 in guaranteed prizes, including cash and ATVs!  (Talk about a great example of “doing it right” when it comes to a grand prize promotion — after all, no one likes leaving empty-handed!)

Interested in insuring a Lucky Envelopes promotion of your own?  Whether you’re holding a fishing tournament, a different sports event, a trade show or need to drive traffic to your store… Lucky Envelopes are the perfect promotion to insure any place, any time!  Just give Odds On Promotions a call today at 888-827-2249 for a free, no-obligation quote… or email us for more information!  We look forward to hearing from you!

Basketball Promotion: Scratch, Match and Win!

basketball promotion - scratch match and winNeed an innovative basketball promotion idea for this season?  Odds On Promotions has just the thing for you!  Use our prize indemnity insurance to put the chance to win in every fan’s hand, while giving your sponsor incredible exposure before, during and after every game with Odds On’s Scratch, Match and Win video board promotion.

Odds On Promotions will customize a scratch card to feature your prize and your sponsor’s logos along with a custom coupon offer. Distribute the cards prior to tipoff, instructing fans to “scratch” off their cards and watch the video board during the half.

If the numbers on the fan’s card match the ones revealed on a customized video playback, a lucky spectator will win the big bucks, and Odds On Promotions will be there to pay for the prize!

For more information on this promotion, as well a free, no-obligation quote, feel free to give us a call at 888-827-2249 or email us for more information!  Need more basketball promotion ideas?  Check out our Top 10 Basketball Promotions PDF!