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.

Scratch Card Promotion Worth $30K Car Insured By Auto Dealership

Customizable scratch cards include the client and/or sponsor’s logo, bounce-back offers and second chance drawings.

Are you looking for an affordable way to meet – or better yet – exceed your sales and traffic goals? A scratch card promotion is a great way to give everyone who takes a test drive a chance to win big! Check out how this dealership in the Northeast is using a scratch card promotion at their location!

As part of the car dealership’s “1,000 Car Challenge” — that is, an attempt to sell 1,000 cars during the two-month promotional period, the client reached out to Odds On Promotions to purchase prize indemnity coverage.

Each customer who enters the dealership during the promotional period will be given a customized scratch card, similar to the own shown above. Customers will simply scratch off a total of 6 surfaces on the card — no more, no less. If all 6 surfaces of the card reveal matching winning symbols, then that customer is an instant winner of a brand new vehicle valued at $30,000 and Odds On Promotions will pay full retail!

Interested in insuring a scratch card promotion of your own? What are you waiting for? Pick up the phone and call Odds On Promotions today at 888-827-2249 for a free, no-obligation quote! You can also email us at any time with any questions.

May Promotion Ideas for Casinos

Break the Bank, Win the Bucks
Prize Vault Swipe Play & Win Game

Crack the code on driving incremental gaming revenue with Odds On’s newest Swipe Play & Win game, The Prize Vault! Available on your choice of Odds On’s Super, Deluxe or Countertop kiosks, qualifying players swipe their card and select a combination on the three dials on the touchscreen. If your player has the winning combination, they’ll instantly win your grand prize, or they’ll be rewarded with a secondary prize based upon their player rating. Game features optional drawing ticket, three collect-to win-game pieces, and can be insured for up to $1,000,000.

Click here to request a free, no-obligation quote!

Big Moolah May!
Zoom Ball Promotion

Make a millionaire this May with a little help from Odds On Promotions! Zoom Ball gets your player’s lining up for the chance to win up to $1,000,000 in cash and prizes with just a quick press of a button! If a lucky player gets five or six winning balls inside the Zoom Zone, Odds On will write the check for the prize! Odds On’s May Moolah Deluxe Zoom Ball machine comes complete with a customizable backlit sign, customizable 3-sided cabinet wrap, and a prize coupon printer that makes prize fulfillment a snap.

Click here to receive a free, no-obligation quote!

Media Promotions for April and May!

Looking for some media promotions to insure this April or May? Looking to sell a bit more airtime to tax prep services? Want a clever promotion for Opening Day, Cinco de Mayo or Mother’s Day? Need a promotion that will help your clients move more merchandise on Memorial Day weekend? Then it’s time to give Odds On Promotions a call.

Check out these tune-in, sales and traffic drivers and give us a call at 888-827-2249 for a custom-designed contest to suit your client’s budget and marketing goals, or simply click on any of the contest names below for more information!

Opening Day
Give baseball fans the chance to win a new car, a new house or even $1,000,000, paid for by Odds On Promotions! Whether you’re looking for a promotion that will get fans fired up for the first game of the season, need a contest that will showcase your client’s or station’s sponsorship or just want to support your local team, Odds On Promotions has a promotion for you. Be sure to check out our Top 6 Baseball Promotions!

Cindo de Milliones
Qualify your contestants online or on air, awarding gift cards, provided by a participating sponsor, and an invitation to your Cinco de Milliones Celebration. On the night of your big event, have all your qualifiers toss a tortilla. Whoever flings it the furthest, will get to take a shot at tossing a lime into a margarita glass to win a million pesos, paid for by Odds On Promotions!

Memorial Day
Give sponsors the chance to giveaway up to $100,000 at their Memorial Day Sale with Odds On’s Money Match Video Scratch & Win game. Customers select six spots on the game’s touchscreen, winning different prizes based upon how many correct prize symbols they find. Find all six winning symbols and Odds On Promotions will pick up the tab!

Casino Marketing Idea: 6-Player Simultaneous Dice Roll Promotion

casino marketing idea - 6 person simulatenous dice roll

Need a great casino marketing idea? Have you considered a dice roll promotion? Check out what this casino property in the Southwest has in store for their players: a 6-person simultaneous dice roll contest!

Unlike a traditional dice roll promotion where a group of players each get to roll a set of a customized 1″ or 4″ dice for a chance to win cash and prizes, in this casino floor promotion, six players will each roll a single customized 8-inch die, all at the same time. (Talk about a crowd pleaser!)

Casino Marketing Idea of Month: Get On a Roll

According to Becky Bowman, Western Business Development Manager with Odds On Promotions, “I love this spin-off on the traditional casino dice roll promotion because every time you run the promotion, you’re giving six players the chance to win. And because it’s a dice roll, it’s easy to award auxiliary prizes.”

“For example”, explains Bowman, “if the one winning side/surface of the die contains your property logo and the other 5 sides contain a number of dots, the casino can hand out cash, free play or points to each participating player depending on the how many dots their die displays once they’ve rolled. And, of course if they roll the name of the casino, it will be time to write the big checks, compliments of Odds On’s affordable prize coverage.

Wondering how the prize money is at stake in this contest? This casino will be giving each of the 6 lucky “rollers” $25,000, for a total of a $150,000!

Want to get a quick quote for a custom dice roll for your property or need another exciting casino marketing idea? Give Odds On a call today for a free, no-obligation quote at 888-827-2249. Or, feel free to email us with any questions!

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

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.

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Big Prizes. Big Results.