Omaze [Merged]

mjm3346

one site estimates

"Going back to the 720,000 entrants’ figure, the number cruncher found there would be 28.8million tickets for just these people.

Then, you need to take into account all the variables and the crazy sums some people might be spending when they become ‘hooked’ on a certain property."


Based on 17% going to charity they would need to bring in about £6,000,000 to meet "Irrespective of sales, Omaze guarantees a minimum total payment of £1 million to each Charity." My guess is they expect to sell at least £6 million a time and as the prices are £10/30 tickets, £20/75 tickets and £30/150 tickets I suspect the quoted figure could well be in the ballpark (assuming a very small number of postal entries)

These odds would mean the chances of winning £350,000 on lotto Hotpicks (lotto odds are not good) are about 30 times better than winning the Omaze main prize