Category Archives: Prize Indemnity Insurance

Prize insurance, known officially as prize indemnification insurance, works a lot like any other form of insurance, except that instead of insuring your car or home against damage, you are a paying a premium to eliminate the risk of paying for a prize if someone wins your contest or promotion.

Baseball Contests and Promotions

Are you a college/university or professional baseball team looking to not only increase fan attendence, and generate some major excitement in the process?  Now is the perfect time to step up to the plate and check out Odds On’s winning line-up of  grand prize baseball promotions, which can be insured up to $1,000,000.

Ready to knock one right out of the park this season? Check out a few of our favorite ideas…

 

 

1.) Homer Hole Baseball Promotion
Homer Holes are a great, cost-effective way of generating excitement among your fans!  Simply place a sign/template past the wall of the outfield.  If a big hitter ends up knocking the ball through the hole cut in the template, a preselected fan will win your grand prize and Odds On Promotions will be there to write the check!  Some ideas on how to pre-qualify your fan(s) consist of a t-shirt toss, lucky seat or raffle drawing.  The choice is strictly up to you!

 

 

2.) Hit for the Cycle Baseball Promotion
Easy as 1-2-3!  First (1), choose the game or series.  Next (2), wait to see if your star player hits a single, double, triple and a home run.  Lastly (3), if they do, then one extremely lucky fan will score a new ride, paid for by Odds On Promotions!  This is the perfect opportunity to get your local Honda or Harley-Davidson dealership involved as the sponsor of the promotion!

 

 

3.) Grand Slam Inning Baseball Promotion
Not only an ideal promotion to insure all season long, but also a great way of keeping your fans in the stands late in the game!  Simply pick an inning geared for excitement.  If any member of the home team hits a Grand Slam, a randomly selected fan leaves a winner!  On a tight budget?  Cut the cost of the prize insurance by choosing the fourth batter as your lucky star of the game.

 

 

 

Interested in any of the above baseball contests?  Have a promotion idea of your own?  Give Odds On Promotions a call today at 888-827-2249 for a free, no-obligation quote!  You can also obtain a copy of our Top 6 Baseball Promotions PDF by emailing us!  Wanting to insure a promotion for a different sport?  No problem!  Odds On has a variety of other sports promotions for you to browse through!

 

Facebook Contest Ideas: Perfect for Small Businesses

facebook contest ideasAre you a small business or non-profit organization looking to increase fans and engagement on your Facebook page?  Look no further — Odds On Promotions has some great Facebook contest ideas to help you achieve the results you’re looking for.

A common misconception is that only big brand pages and corporations benefit from Facebook’s contesting features.  By tweaking your marketing strategies, we can show you that that’s not at all the case!  And the best part is that you don’t have to give away a prize worth thousands in order to succeed!  Discounts, merchandise, gift cards… the prize can be anything you want, and worth any amount!  Take a look at the Facebook contest ideas below:

1. Photo Contests
Photo contests are engaging and fun for all!  Invite your Facebook fans to submit photos to your wall.  If you’re a local restaurant or food chain, have your fans snap a picture of themselves eating at one of your locations!  Retailers and auto dealerships can also utilize this type of contest by having their fans submit pictures of themselves featuring their recent purchase(s).  Holding a promotion or special event?  Have them submit their best photo of themselves at the venue!  When your fan base votes on the submitted photos, you’re not only increasing exposure on your end, but also increasing traffic which can continue even well after the contest ends.

2. Guessing Game Contests
This type of contest leaves you with a wide variety of options.  Have your Facebook fans participate in a word jumble, guess a question related to your company/organization (e.g. What year did Odds On Promotions go into business?), post a picture and have your fans guess where and/or when it was taken… or even post a picture of a jar of M&Ms and have them guess how many are in there (the person who guesses closest to the actual number will win).  The choice is strictly up to you how you choose to administer a guessing game contest and which type to go with… the possibilities are endless!

3. Tie Your Contest Into a Current Event
Is your company/organization holding any type of online/internet promotion?  This is a perfect way to incorporate it with a Facebook contest!  For example, if you’re holding an online Easter-themed scavenger hunt promotion where visitors have to find a hidden Easter Egg which is located someplace on your website, the first fan who finds and clicks on it will be your contest winner!  Keep in mind: this can easily work with other types of events as well, not just online promotions.

Need more Facebook contest ideas?  Want Odds On to run and facilitate one for you (we’ll even create your artwork!), while you sit back and watch the ‘likes’ and engagement roll in?  Whatever the case may be, be sure to give us a call today at 888-827-2249… or email us!  You can also befriend Odds On Promotions on Facebook!

Conditional Rebate Promotion: No-hitter at Baseball Game

What happens when an insurance agency and jewelry store team up?  They hold one heck of a ‘no-hitter’ conditional rebate promotion at a baseball game!

Talk about a gem of a baseball promotion … a jewelry store in Iowa gave their customers the chance to get a 100% rebate on all purchases made during a special sales event if the home team racked up a no-hitter  (after 9 complete innings, there was no officially scored hit for the opposing team) during the 2012 season opener.

Interested in insuring a no-hitter conditional rebate promotion of your own and giving your customers a chance to win their merchandise free of charge?  Contact Odds On Promotions today at 888-827-2249 or email us for a free, no-obligation quote and other baseball contest ideas!

$25,000 Horseshoe Toss To Be Held At Annual Hoof N’ Holler Event On New Year’s Eve!

Want to stand out from the herd?
Check out what the organizers of the annual New Year’s Eve Hoof N’ Holler Bullriding & Dance event are doing at the Linn County Fairgrounds in Albany, Oregon… a $25K horseshoe toss, insured by Odds On Promotions.

On behalf of their contest sponsors, Sweeney Promotions has put together a New Year’s Eve contest where one contestant qualified via lucky ticket will be “roped in” for a chance to participate in a horseshoe toss.

If the chosen contestant successfully pitch a ringer, they’ll score a brand new truck valued at $25,000… paid for in full by Odds On Promotions!  Yee-haw!  And that’s not all: The chosen contestant will receive a complimentary $1,000 Prize Pack, courtesy of the local radio station  – 99.9 KRKT FM – simply for participating!

You don’t have to be affiliated with a rodeo, a racetrack or the county fair to make this promotion happen.  You can create a stampede of foot-traffic in any location and create a big winner to boot!  Take Odds On winner Sylvester Stewart, for example; he won $10,000 during a basketball game at Tartleton State University in Stephenville, Texas (see video below).

Ready to toss your hat into the ring? Be sure to contact Odds On Promotions for a free, no-obligation quote on any type of prize insurance and more information today!  Either give us a call at 888-827-2249 or email us!

Odds On Promotions logo with phone

3 NHL Teams Pair Up With Volkswagen To Hold Hockey Promotion!

What do the New York Rangers, Philidelphia Flyers and Washington Capitals all have in common?  All are holding one fabulous hockey promotion which will run all season long… sponsored by Volkswagen!

For the second year in a row, at each hockey team’s respective venue, the Rangers, Flyers and Capitals are running a promotion that’s sure to have fans on their their feet, cheering for a few very lucky contestants!

At all 3 of the team’s venues, a total of 10 lucky fans (1 from each game) will either text to win or be chosen via a registration form for a chance at an opposite blue line contest!  The first shot the contestant will take will be from near blue line on an open net for a self-insured prize.  The second shot will be from the red line into open net for another self-insured prize of the respective hockey team…

Here’s where Odds On comes in: the insured shots are 3 shots from the opposite blue line through a 1 1/2″ x 6 ” template.  If a contestant wins, then depending on the promotion date, they could “score” one of many different Volkswagen vehicles: either a brand new Passat, Beetle, R20 or Jetta!  Wow!

Wanting you’re wanting to give your fans the chance at a new set of wheels, a huge cash prize or otherwise this hockey season, Odds On Promotions is the company to call!  Let one of our experiences sales representatives set up your promotion without the worry or hassle of having to risk paying out a winner on your own accord.  Email us or give us a call today at 888-827-2249!