We all surf the internet, and in that surfing, we see advertisements. These advertisements sometimes come as handy and sometimes irritating. You may have seen ads on Omaze asking you to charity, and in return, you might stand a chance to win great deals.
This may sound like a scam at first, but it could be genuine. For that purpose, we decided to dig into the website and learn all about it. In this article, we’ll talk about Omaze and whether the site is legitimate or not.
What is Omaze?
Omaze is a for-profit organization that raises funds for charities by allowing people to win once-in-a-lifetime events and prizes. Since its inception in 2012, Omaze campaigns have successfully raised millions of dollars for numerous causes.
Omaze was created by entrepreneurs Ryan Cummins and Matthew Pohlson, and it is a privately held fundraising platform.
After seeing Magic Johnson auction off a chance to play basketball with him at a charity event, the two were inspired to launch their own sweepstakes business. They were enthusiastic about the fundraising possibilities because they could earn more money with more distinctive rewards and reach a larger audience. With that purpose, Omaze entered the world.
Omaze claims that its innovative business strategy is competitive with standard prize auctions. More money can be donated to the cause if more individuals can attend for a lower price.
What Prizes Do Omaze Offer?
Some of the more extravagant prizes up for grabs on Omaze include a trip to the Oscars or a “meeting a star” experience, while others are more basic, like a meal with friends or a weekend getaway.
Omaze’s prizes have helped generate over $170 million for good causes, and the company has worked with more than 600 organizations.
Previous winners have met celebrities like Jennifer Lawrence and Daniel Craig; one couple even won a vacation for two on Richard Branson’s Virgin Galactic. You can only have a shot at winning these once-in-a-lifetime prizes by participating in Omaze.
If you are interested in supporting your favorite charity or finding new methods to enter contests to win incredible rewards like experiences or homes, then you should check out Omaze.
Does the Money From Omaze Go to Charity?
Yes, when people donate to causes through Omaze, their money really does get to those in need. But not all your money will go to charity; only some part of it because Omaze is a for-profit venture. Therefore, it will naturally deduct some operating costs from the money you provide.
Different types of sweepstakes in the United States account for various percentages. In the case of celebrity awards, 65% of your contribution will go to the organization of your choice, 25% will pay the experience costs, and 15% will go to Omaze. Omaze takes a 15% cut of all sweepstakes proceeds, while the charity receives 65%-75%, and the winner receives the remaining 5%.
The UK model sees 80% of donations going to charity and 20% going to Omaze. Since “net revenues” refers to the amount remaining after deducting the cost of prizes and advertising, only a portion of your donation will actually go to the charity.
With that in mind, if you want to be really selfless and make sure a charity gets every penny you give them, it’s best to give straight to Omaze. Some nonprofits also accept payment in cryptocurrency.
How Does Omaze Work?
Omaze features a running list of campaigns that can be donated. The rules for entering and details regarding the big prize for each campaign may be found on their respective campaign pages.
The entry process is easy. You need to select a donation amount and complete the checkout process. Within the entry restriction, the greater the amount of money donated, the more chances you have to win the reward.
Can You Win on Omaze?
Yes! You’ll have a better chance of winning an Omaze prize depending on how much money you provide. The more you give, the more chances of your being selected as a prize-winner.
For just 10$ to a campaign, you’ll get 20 entries into the prize draw. However, if you raise the stakes to $150, you’ll have 2,000 chances to win, which is seven times as many as the minimum bet.
Every entry has the same chance of winning, and the sweepstakes have sensible limits on how many times an individual can donate.
If, for instance, a campaign is giving 1,000,000 entries, you cannot just “purchase” all of them by donating the appropriate amount of money. You can only enter a campaign a specific number of times, and that number will be specified on the campaign page.
Is Omaze a Legit Funding Platform?
Yes, the Omaze platform is completely legit, but you need to know that the odds of winning the Omaze sweepstakes are incredibly low. The company has a decent reputation. The platform doesn’t provide the total entries, but you can assume by the reputation that the total number of entries is pretty much high.
Nonetheless, it’s a fantastic opportunity to support worthy causes while simultaneously increasing one’s chances of winning a house or other incredible rewards. You shouldn’t feel bad if you don’t end up being one of their big winners.
Before donating to one of their campaigns, please read the rules and regulations carefully. Remember that you can always enter without making a donation by tapping on the “Enter Without Contributing” button.
That’s all you need to know about the Omaze platform. Please let us know in the comment section below if you have any specific questions.