Alright, first off, don't call me 'kid'. Chances are I'm older than you, KID.
And he didn't request money ahead of time, because if he didn't get enough entries, he'd have to return all that cash and that's a hassle. This way, if he didn't get the amount he wanted, he could just message everyone telling that he didn't get enough.
Also, he's ripping off NS in NO WAY. People are buying into this, knowing the rules and what'll happen. And someone will get this for ten dollars. Ever gone to ANY major event? Raffles happen all the time. It's not a ripoff you stupid fuck.