Omaze can be described as an online marketplace where people can give to charities and have the chance to be the winner of various prizes and experiences. It’s a unique crowdfunding method for raising money. As per the website, the users have raised over 150 million dollars and have supported over 350 charitable organizations. The charities are spread across the globe. These charities are renowned non-profit organizations such as UNICEF, After-School All-Stars, Julia’s House, Product Red, as well as Make-A-Wish Foundation.
Donations aren’t necessary to enter a contest, however, they can earn additional contest entries and other perks. Users can decide what charity they want to donate to. Every contest comes with its own special prize, ranging from luxury automobiles to unique experience.
Before you continue, you may want to watch this video by The Entrepreneur on YouTube that gives a quick overview. Afterward, you’ll want to read the rest of the article for a more comprehensive review.
What is the process behind Omaze function?
Omaze Odds Of Winning
Omaze believes that everyone deserves the opportunity to take part in fundraising. In the past, charitable organizations typically depended on fundraising events where only the famous and wealthy could attend. Omaze was founded to make auctions for charity through its unique fundraising model. This means everyday people can give to the charity of their choice for as low as $10.
You have two options to participate. The first is through donating or participating for free. You can enter any contest with no donation however you will earn extra entries depending on the amount you donate. The higher your donation is, the more prize entries you’ll receive.
To donate, simply go to “Enter Now” from the Experience or Prize page on the website. Choose a amount to donate and follow the steps to fill in your details. You are able to make donations as often as you’d like. However, there is an entry limit for each person that is dependent on the prize.
To enter for free, go to the Experience or Prize page on the website. Click on the “enter without contributing link” and follow the steps. You’ll be required to complete a form. Upon submitting the form, you will receive a specific number of entries. You can submit the form multiple times as you like, but again you will be subject to a certain entry limit.
Omaze has been criticized regarding its contribution to charity. prize goes toward the actual charity. For expensive prizes, only around 10-15 percent of the donation goes to the charity. The company has responded to say that 10% is an amount that is significant. The rest of the donation is used to pay for operational and marketing costs to continue to run the business. What matters is that people are motivated to contribute due to the attractive prizes.
For prizes that are less costly, the company reports that 60% of the money is given to charities.
Donations made through the website directly go towards Charities Aid Foundation America (CAF America). It’s a non-profit organization which has partnered with Omaze in making fundraising easy as well as safe and efficient. CAFA utilizes donations to help fund grants for charitable organisations.
Omaze offers a wide range of incredible prizesthat they refer to as experiences. The prizes include luxurious vehicles as well as dream homes, a opportunity to get to know your favorite celebrity and a once-in-a lifetime travel experience.
Here are a few examples of the previous and current prizes provided by Omaze:
- The chance to take home the multimillion-dollar Miami dream home
- A trip to Japan curated just for you
- A memorable safari experience as well as a stay at Giraffe Manor in Kenya
- An opportunity to get two seats on one of the first Virgin Galactic flights to space
- A private meet and greet with Dwayne “The Rock” Johnson
- A luxurious vacation to a wellness retreat in Thailand
- First-class plane tickets to anywhere in the world
- Chance to win luxurious vehicles and other vehicles
Omaze offers constantly new promotions and attractive prizes. You can check their website to view additional prizes and information. Also, you can view previous prizes and the winners. For contests that have been held previously you will also be able to see the amount that the charity has received.
Who came up with Omaze?
Omaze was founded at the end of 2012 through Ryan Cummins and Matt Pohlson. As per the site, they had the idea after they attended a charity auction. The item that was up for auction was their dream experience including a basketball game as well as dining in the company of Magic Johnson. However, the bidding went to the point that they were outbid. The prize ended up raising only $15,000.
They couldn’t comprehend why such a big prize only raised a small amount to support a worthy cause. They also felt that this fundraising model was limited to wealthy people only. They felt that extraordinary experiences like this should not be accessible only to a few wealthy individuals.
So they decided to develop an entirely new method of fundraising that would be accessible to a significant amount of people.
This fundraising would be available on the internet, which means that everyone can participate. Participants wouldn’t require a lot of cash to participate, which would increase participation and to raise money to support the cause.
They believe that charitable organizations ought to feel more comfortable marketing themselves through this platform since it’s for a great cause. Their platform allows charities to reach out to a broader audience in an attractive way to raise money.
Is Omaze legitimate?
While the company has faced some criticism, it appears that they’re legitimate. As of now, they’ve collected more than 100 million dollars for charity and have awarded the prizes to the participants in accordance with their promises. Many famous celebrities have also supported and advocated for the platform.
Many winners have also spoken regarding the prize they won. Some are also featured on Omaze’s Official Omaze Youtube channel.
Omaze is also certified by the Better Business Bureau with an A+ rating. Omaze Odds Of Winning
As a non-profit corporation, Omaze takes around 20% of the donations. If you wish to have all of your donations going to a non-profit. If that is the case, you might think about donating direct to the nonprofit or charity instead. However, the fun part of Omaze can be that you are able to do something positive and, simultaneously you can get a great experience. This makes it very appealing to a broader number of people. If you’re seeking unique experiences, then Omaze is a fantastic opportunity.
Cost and Price Plans
Omaze lets you make donations for as low as $10. If the amount you donate increases, the proportion of entries will also increase, and the value of one entry decreases. For example 150 dollars equals 2000 entries, which is one entry for every seven cents that are donated. Omaze Odds Of Winning
Here are the donation amounts in the same amount, with the equivalent amount of entry entries
- $20 = 20 entry
- $25 = $25 = 125 entries (most sought-after option according to the website)
- $50 = 500 entries
- $100 = 1,200 entries
- $150 = 2000 entries
According to Omaze their business, it takes around 12%-20% of the net profits. The money is used to fund operating expenses, including marketing, content creation, and processing fees. Around 60%-70% of money goes to charities.
For a more precise understanding, here’s how it differs between the celebrity and non-celebrity prizes. For celebrity prizes, which are typically more affordable 60percent of prize goes to the charity, while 25% goes to Omaze. For higher-end prizes, like automobiles, vacations, or cash fifteen percent of money goes to charity while 65%-75 percent goes to Omaze.
Omaze is currently unable to offer refunds since donations are made to charitable causes. However, if you have any questions regarding your transactions, you should contact Customer Service as soon as possible.
Customer Service Contact Info
Suppose you have any queries, issues, or complaints. If so, you may submit your concerns directly to their website via the Support Center and Submit a Request link. You can also access details and frequently asked questions on the Support Center.
Omaze is an online fundraising platform that lets people donate to charitable organizations to be eligible to win prizes that are unique and experience. Omaze is a legitimate business that has been operating for several years now. It has assisted numerous charities achieve their goals by making donations for them. Its unique fundraising strategy lets everyone have the chance to gain incredible experiences once in a lifetime.
Omaze is a different method to give to charity. However, it has received criticism over how much of the money actually is donated to charities. However, it’s understandable since Omaze is a business which is a profit-making company. If your goal is to donate money to a charity and make sure that 100% goes to them, then you can donate straight to your charity. But if you’re interested in the amazing prizes offered by Omaze you can donate to Omaze instead. It’s a win-win situation since you get the chance to win a prize while donating to a great cause.
FAQS Omaze Odds Of Winning
Where is Omaze based?
Omaze is headquartered in Los Angeles, California.
Does my contribution count as tax-deductible?
All Omaze donations go to Charities Aid FoundatAmerica ion (CAFA). Since CAFA is a US charity that accepts donations from US donors via Omaze are tax-deductible. Omaze platform can be tax-deductible as long as the law allows. If, however, your donation is accompanied by an experience perk that is worth more than the perk will be reduced. If you give $100 and receive an experience worth $75, your tax-deductible donation is $25.
Is there any Omaze scams?
Although Omaze is being criticized by numerous people online as a fraud, the company is totally legitimate. They are able to raise funds for charities and also award participants according to the promises. To protect yourself, just make sure to donate your money through Omaze’s official Omaze website only. Verify if the website is genuine or not prior to donating your money.
What are the odds of winning?
The more you contribute the more likely you are of winning, as a greater donation equals a greater number of entries. But, you are able to enter without contributing, which qualifies you for a set number of entries.
What is the process to confirm that they have a winner?
After the contest is over the winner will be randomly drawn via an encryption-secure cryptographically secured random number generator. Following the random drawing process, the Omaze team completes the process of confirming winners. More details on the procedure at their site.
How do they contact and the winners?
An Omaze representative notifies potential winners via email. The potential winner has 24 hours to respond to the email sent. The Omaze can follow up with a planned video call as well. Once a potential winner has confirmed and replied to their initial emails, they need to complete the form provided by the Events Team as part of the winner confirmation process.
Please note that Omaze will never reach out to winners via social media. Instead, it will contact them by email.
How does Omaze make money?
Omaze is a non-profit company. Omaze is able to collect 20% of net increases from their campaigns. To ensure they stay operating the fee is used to cover operational costs, such as advertising, content creation and processing fees.