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.

Online Prediction Contest Insured by Radio Station

Looking to stir up a bit of buzz in your market while driving traffic to your website? Chris Gardiner, Northeast and Midwest Business Development Manager, shares how one Philadelphia sports station combined a giant prize with a crazy contest, in order to make a losing season a little less disappointing (and a whole lot more rewarding) for football fans …

Online Prediction Contest: Three Guesses for $10,000!

For 5 days this December listeners of a Philadelphia sports radio station were directed to the station’s website to enter their email address and take their best guess as to who the next Head Coach, Offensive Coordinator and Defensive Coordinator of the Philadelphia Eagles would be… even though the current coach hadn’t yet been sacked! On the final day of the promotion, 5 lucky registrants were selected to become eligible for a chance to win the insured prize: $10,000, compliments of Odds On!

And now we wait … until May 1, 2013, when it’s expected that the three positions will have been filled and if any of those 5 lucky contestants has selected a winning combination of names, they will score $10,000 paid for by Odds On Promotions.

As you can see, your online prediction contest can be based around, well, anything! So, whether you want your listeners to predict winners of the GRAMMY Awards, Academy Awards, or the Men’s NCAA Basketball Tournament, Odds On can customize an online prediction contest for you within minutes!

Want to learn more about this promotion? Give Odds On a call today at 888-827-2249.

March Dice Roll Promotion for Casinos: Shamrock N’ Roll Rewards

Brent Kelly, Odds On’s Western Business Development Manager shares a fun March dice roll promotion that will give you players the chance to find themselves rolling in dough!

Run a Mid-Week Dice Roll Promotion This March

Looking to bring a sense of excitement to your casino floor ? Why not get on a roll with a customized set of Odds On Promotions’ Shamrock and Roll Dice. Here’s three ways you can run a giant-prize dice roll promotion this March … ending in a giant-prize St. Patrick’s Day party.

1. Hand-Paid Multiplier – Give the first 5-10 qualifying players during your target days, hours, or floor location, the ability to “super-size” their hand-paid jackpot based on how many lucky “multiplier” shamrocks they roll. Roll 5 or 6 Shamrocks, and Odds On will be there hand over the pot o’gold! Give all qualifiers a ticket to your Shamrock and Roll party.

2. Hot Seat – Run daily hot seat drawings inviting lucky players to roll the customized dice to win cash, points or other prizes based on how many lucky shamrocks they roll. When they roll 5 or 6, the Odds On leprechauns will pick up the tab. Give all hot seat qualifiers a ticket to your Shamrock and Roll party.

3. Player Party – On St. Patrick’s Day, give a select number of players the chance to win big playing Odds On Promotion’s Shamrock and Roll Lucky Envelopes Game. If a lucky contestant can locate the three Lucky Shamrocks that add up to $100, they’ll win your grand prize and Odds On Promotions will write the check. If the player’s result is anything less than $100, give them the chance to “roll” one of Odds On’s 8′ or 16″ dice in order to double, triple or quadruple the player’s cash consolation prize!

Interested in learning more? Email or give Odds On Promotions a call today at 888-827-2249.

Online Basketball Bracket Promotion: Championship Challenge

Expand your email database and drive web traffic for six weeks with a customized online basketball bracket promotion from Odds On!

Online Championship Challenge is a “set it and forget it” online basketball promotion that makes running a rewarding contest truly hassle-free! Your promotion includes: a $1,000,000 grand prize that’s paid for by Odds On; a free second-chance Final 16 contest that keeps customers engaged until the end of the tournament; plus a customizable interface featuring your logo and the ability to award self-insured prizes to both top-scoring and randomly selected contestants!

For more information on our online basketball bracket promotion, Championship Challenge, feel free to email us or give us a call at 888-827-2249 for a free, no-obligation quote!

Direct Mail Promotion Worth $25K Insured at Harley-Davidson Dealership

Hey, auto dealers! Looking for a great direct mail promotion that’s bound to drive foot traffic through your doors? Want to increase sales while gaining valuable marketing information? If the answer is ‘yes’, then you’ll want to pour yourself a cup of coffee and take the time to read about the Video Scratch & Win contest that this Harley-Davidson dealership in Connecticut insured to promote the new 2013 Harley-Davidson Street Glide!

Direct Mail Promotion Using Video Scratch and Win Game

During a week-long period, customers who presented a direct mail postcard at the dealership got the chance to play Odds On’s Harley-themed Video Scratch & Win promotion, “Born to Ride.”

Each customer selected 6 spots on the game’s touchscreen. For every ‘Harley motorcycle’ symbol that appeared, they would win a prize! 1/6 Harley symbols landed them $5 off any purchase of $25 or more at their dealership; 2/6 symbols would award them a free helmet; 3/6 symbols, a pair of Hustin boots; 4/6, a classic leather jacket; 5/6, a Kendon single-rail trailer…

And now here’s the best part: If a customer managed to select all 6 spots which revealed a Harley motorcycle symbol, they’d win the insured prize, a 2013 Harley-Davidson Street Glide, valued at $25,000, and paid for by Odds On!

While unfortunately, there was no grand prize winner, many prizes were given away and fun was had by all — and in the process, the Harley dealership gained additional foot traffic and sales during the promotion… all for purchasing contest insurance from Odds On Promotions!

Interested in insuring a direct mail promotion of your own? Give one of our marketing specialists a call today at 888-827-2249 for a free, no-obligation quote… or email us for more information! Be sure to also take a look at the live gameplay of ‘Born to Ride’ below!

Buddy the Elf Day: Promotion for Radio Stations

Radio Stations: December 18th has finally arrived, which means “Buddy the Elf Day” is upon us! Did you know that you can turn a fun ‘holiday’ or any day into a giant-prize promotion that will boost your TSL and CUME?

It starts with an on-air “Phrase That Pays” qualifier. During your targeted dayparts, announce the specific phrase (or in this case, question) that callers will need to answer with when they are called by your station. If they answer appropriately, then they’ll be invited to a station and/or sponsor-hosted party where one lucky finalist will be given the chance to win a life-changing prize.

In this case, since it’s a holiday promotion, your finalist could participate in a Lucky Ornament Pick, getting the chance to choose x of x holiday ornaments, each of which is paired with a corresponding Lucky Envelope. If the Envelopes contain a winning combination of symbols, then your finalist will be the grand prize winner and Odds On Promotions will pay for the prize of your choice!

Looking for more fun and innovative radio promotions? Need some suggestions? Call to speak to one of our marketing specialists today at 888-827-2249 or email us! We’ll not only assist you in identifying the ideal contest or promotion, but in adjusting it to fit your business goals!

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