There is always been a market for casual betters who bet
only for the thrills of the bet. For them betting is a just a form of
entertainment and not looking to cash into it big time. For them losing is an
option. We wanted to tap into this market with a unique thought. Why not have
the thrill of betting and the joy of giving all packaged into one.
You make a sports bet, the winnings of the bet goes to a
charity of your choice, and you also win points which you can redeem for cool
products form our online store. It’s a win win situation. Even if you lose you
funds still go to a charity but not one of your choices.
This Idea
has taken a few years to grow and blossom, currently the complete idea has
taken shape, how when what why has been outlined. Now we need to get our hands
dirty. We are looking for a funding of 25000 USD all of which will go in
creating the website and marketing expenses. The success of this project
lies in 3 components
1. Ability
to gather a strong usage base for the website.
2. Ability
to support the best charities around the world.
3. being
fully transparent in all our business transactions.
The reason we've decided to start a crowd-funding campaign
is to get people talking about our idea, create the buzz, the wave that we can
ride on. We think for this project we plan to merge traditional and modern
marketing techniques, tools & ideas, to make its successful. (Fully outlined plan will be given out to all
the funders if the project hits its campaign mark)
The risk that we will be encountering is the fact
that this a fully socially connected endeavor, and it is this connect that we
need to establish, the connect between the users and the charities without
which we will fizzle out in time. To ensure this we have decided to create portals,
real time / daily updates on how the funds being used etc. With tie ups like
globalgiving.org, we are sure we will be able to make a positive impact in the
social and society fabric of the world.
By supporting us today you will be in turn helping out,
changing lives around the world. Today’s
25000 change turn into a million dollar charity in time. And this doesn't happen too often. Our
intentions are clear, we have seen well-meaning charities struggle because of
lack of funding, we hope to try to fix it in the best possible way.
Hope I have made my point through and I hope you support my
venture. We together will change one life at a time.
LET’S BET FOR HUMANITY
Sincerely
Nikhil
Hi Indiegogo
, My Name is Nikhil.
I’m here to
pitch a Charitable betting website called GIVINGOUTBETS.com
Its a
website that combines the thrills of betting and the joys of giving.
How does it
work?
Its simple.
You bet on
your favorite team or sporting event. If you win the bet you get the
winning bet amount and a certain points. The winning amount will go to your
favorite charity and the points you gain , you redeem them for gift of
your choice from the givingoutbets store.
If you lose
you still win gratitude points which you can redeem for a gift from our store
Why have betting website for charity?
Frankly I
think this is the only way where a person can start a bet at 50 dollars and win
1000 for his favorite charity while having the thrill of a bet and winning a gift of your choice
The Impact
It’s not
every day we get to help people, change a few lives, bring a few smiles.
Let’s flip
betting on its head. Let make betting the most charitable thing to do.
What needs
to be done?
Step 1. Initially we need to get this funding process on track for which support is needed from you all. If anyone is interested to be a campaign
manager / support us in any form whatsoever, email me here hr@givingoutbets.com
Step 2. Registering and legal
processes. We have begun the paper work but we require proof of interest to carry forward.
Step 3. Creating the betting engine and the website.
Step 4. Marketing and Sales.
Step 5. Let’s help and support one life at a time.
FAQ
What if I lose a bet?
If you lose you bet, the money still goes to a charity, but
not the one of your choice instead to a winner’s choice.
Is it Gambling?
Gambling is
the wagering of money or something of material value (referred to as "the
stakes") on an event with an uncertain outcome with the primary intent of
winning additional money and/or material goods.
So in the traditional sense it is. But here the primary
intent is to fund charity, help a few people, making a difference to society.
So I strongly believe it’s not gambling but an act of giving.
Who and how are the charities selected?
We are currently in talks with globalgiving.org and various
other reputed charity organizations.
We will be developing a frame work for select charities and
monitoring their activities.
How will you sustain the website?
Usually charity websites charge a fixed percentage on all
the donations that they receive as overheads / operational expenditure. In our
case we have taken a conscious decision not to do that but instead calculate
the total operational cost of the website and charge that fixed amount. This
way we can give out maximum amount for charity.
http://blog.globalgiving.org/2011/02/17/why-15-...
What are the steps taken to ensure transparency and
accountability?
We will be hiring a top class auditing firm to audit all the
accounts and the indiegogo contributors will receive a copy of the audited
finances on a yearly basis. And a half yearly internal audit will be published
on the website.
A list of policies, terms and conditions will be established,
and any amendments will be emailed to the contributors and also published on
the website.
What sort of items will be available in the store?
We will be initially stocking the store with electronics
items, gift items, mobiles, tablets, cosmetics etc from top brands. Later on we will be adding
bespoke items.
Bottom Line : I strongly believe This betting habit will change lives all over the world.
"Come lets join hands to touch a million lives. Let Bet!"
Dear
There is always been a market for casual betters who bet
only for the thrills of the bet. For them betting is a just a form of
entertainment and not looking to cash into it big time. For them losing is an
option. We wanted to tap into this market with a unique thought. Why not have
the thrill of betting and the joy of giving all packaged into one.
You make a sports bet, the winnings of the bet goes to a
charity of your choice, and you also win points which you can redeem for cool
products form our online store. It’s a win win situation. Even if you lose you
funds still go to a charity but not one of your choices.
This Idea
has taken a few years to grow and blossom, currently the complete idea has
taken shape, how when what why has been outlined. Now we need to get our hands
dirty. We are looking for a funding of 25000 USD all of which will go in
creating the website and marketing expenses. The success of this project
lies in 3 components
1. Ability
to gather a strong usage base for the website.
2. Ability
to support the best charities around the world.
3. being
fully transparent in all our business transactions.
The reason we've decided to start a crowd-funding campaign
is to get people talking about our idea, create the buzz, the wave that we can
ride on. We think for this project we plan to merge traditional and modern
marketing techniques, tools & ideas, to make its successful. (Fully outlined plan will be given out to all
the funders if the project hits its campaign mark)
The risk that we will be encountering is the fact
that this a fully socially connected endeavor, and it is this connect that we
need to establish, the connect between the users and the charities without
which we will fizzle out in time. To ensure this we have decided to create portals,
real time / daily updates on how the funds being used etc. With tie ups like
globalgiving.org, we are sure we will be able to make a positive impact in the
social and society fabric of the world.
By supporting us today you will be in turn helping out,
changing lives around the world. Today’s
25000 change turn into a million dollar charity in time. And this doesn't happen too often. Our
intentions are clear, we have seen well-meaning charities struggle because of
lack of funding, we hope to try to fix it in the best possible way.
Hope I have made my point through and I hope you support my
venture. We together will change one life at a time.
LET’S BET FOR HUMANITY
Sincerely
Nikhil