Is PrizeGrab A Fake Scam, Or Legit Money Maker?

$10,000 Giveaway Via PrizeGrab: Is This A Real Winner?

This website caught my eye because entering sweepstakes/draws online was the first way that I made money online.

But these are the sorts of sites that I would have avoided.

I would tend to go to individual businesses and companies online directly, mainly as there are lots of scam sites online.

I’d heard many people complain about the odds of winning on sites similar to this.

In addition to this, entering Sweepstakes is really just a numbers game.

People that really do well may enter hundreds a day – so, just relying on this one site wouldn’t give you much chance!

At my most active point, I would enter thousands of sweepstakes/prize draws each and every month.  Yup – thousands!

The chances of winning are always slim, so just entering a few here and there won’t give you a good chance.

In any case, I was interested to look into this website and see what people were saying about it.

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How Does PrizeGrab Work?

PrizeGrab has a simple and easy to navigate website, signing up and entering these sweepstakes is very easy.

Signing up is free to do and the only information they require is your name and email address.

From there you literally can just click and enter what you want.  All sounds good, but is there a catch?

Even if it’s quick to enter these draws, is it worth your time to do so?

The key questions for me are – are REAL people winning prizes and, if so, what are the odds that you could win via PrizeGrab?

Have you ever won with PrizeGrab?  Leave me a comment below!

Caution: PrizeGrab May Sell Your Contact Details & Be Secretly Selling To You Too!

It’s worth mentioning that in their privacy policy, they do mention that they could share, (sell) your contact information with third parties.

This is generally the case with sites like this and is how they will make a chunk of their money.

But it’s worth noting that you could then an increase in SPAM…

(which is why I always set up a completely separate email account whenever entering sweepstakes online).

It’s also worth knowing that they could collect your personal address and contact telephone numbers, via any registration forms or online surveys you complete via the website.

But in addition to this, they say that they help other companies generate sales to their products but offering them exposure and essentially, advertising, by offering the products as prizes.

While this is true, the way they’re generating this exposure, is also by targeting you individually as a potential customer.

Since, they also have your information and have cookies set to track your behaviour online.

You may not notice when you see a related Ad pop up on Facebook or via an email online, that they’ve been tracking your habits online in order to make predictions about what you may purchase.

What Are The Odds Of You Winning?

Entering might be easy to do, but if the chance of you winning a $10 gift card is 1 in a million, you probably wouldn’t waste your time entering would you?

What would be helpful would be something like a little counter above the sweepstake, letting you know how many people have joined.

Some Sweepstakes do actually have this set up, however many wouldn’t really want you to know how many entrants there are, or it could just put you off.

This is the case with PrizeGrab.  Via their FAQ section, the below message is posted regarding what the odds of winning are:

As you can see from above, they don’t actually give you a straight answer.

But they have a valid reason of sorts and that’s that every sweepstake you enter will have totally different odds.

Some Sweepstakes only run for a few days, whereas others may run for a few months.

Some Sweepstakes will undoubtedly be more popular than others as well.

However, they could at least give you a ball park figure, depending on the type of contest… or examples of previous contests!

You should also know that, PrizeGrab have had a very small amount of winners, in contrast to the amount of visitors to their site every month.

Under 3000 prize winners ever, (if you look at their winners page on their website)…

Vs 4 million visitors PER MONTH to their website!!!

That should give you some indication of your chance of winning a prize!!

PrizeGrab Complaints:

Unfortunately, since they give your personal details out to third parties, they can get into the wrong hands.

It appears that some scammers online use PrizeGrabs name in order to scam people out of further personal details or cash, in return for their “prize.”

This isn’t PrizeGrab themselves, but is the result of them selling on your information.

(image via – Scamguard).

They do have some information about this via the PrizeGrab website, where they share a bunch of advice about how to avoid being scammed.

Some other common complaints regarding PrizeGrab are:

• Receiving Spam, (this is why you should use a separate email at least).
• The winners having fake sounding names, (some people do use made up names on sites like this however).
• Small amount of winners.
• Possibility that some of the Sweepstakes could be fraudulent and they do warn of this on their website.
• Apparently sometimes the same person has won several times in a row, (according to reports).  This would be HIGHLY unlikely, considering the low chance of winning here.
• Some say that you can continue entering even when you aren’t actually logged in, so how does it know who you are – or does this just show that you’re never really entering anything?
• They don’t respond to do-not-track cookies… this means they’re actually tracking your behaviour online and getting information about you.