Ask yourself, how many of these contests here on freelancer.com actually pay out. Especially the ones that are not sealed. The ones that are sealed rarely pay out. Why are you all wasting your time here making designs for companies that are merely here to get design ideas from everyone?
Dear contest holder,
Make this contest as Guaranteed contest. Then you will receive hundreds of best designs from genuine logo designers. Because most of gold designers are only apply their entries to Guaranteed contests.
As a example please check a Guaranteed contest which going to end soon.
No my friend we are willing to pay 100%. We are not willing to say that we will pick someone from the contest if no one designs something that the owners want. It would be like going to a car lot and giving them the money for a car before seeing any cars they have. I refuse to through away money and guarantee i will pick one of the logos here if none are to the satisfaction of the owner. If there is someone that makes a logo that the owners love and want for the business then yes a design will be chosen and paid.