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Julia_Galef comments on New applied rationality workshops (April, May, and July) - Less Wrong
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This is still not low-risk. I would hesitate to ask for a refund even if an event like this was below my expectations, as long as it's not a total flop or a con, which it surely isn't. Low-risk (for the participant) would be dividing the camp into billable events with a price tag on each, and refunding a portion of the price of each event based on the post-event evaluations. This is probably unworkable in practice, but at least it would not be misleading. On the other hand, "full refund no questions asked" is a useful marketing strategy, if a bit dark-artsy.
If it makes you feel less hesitant, we've given refunds twice. One person at a workshop last year who said he'd expected polish and suits, and another who said he enjoyed it but wasn't sure it was going to help enough with his current life situation to be worth it.
Oh, the refund clause would not have mattered to me personally, for the reasons outlined (I know I would never ask for one, no the least because I would thoroughly enjoy the event). I would dearly love to attend, but for the reasons I am not willing to discuss here it would not be a rational decision for me. My comment was just an observation that your claim of low risk is not really accurate, except for a rare person who has a certain mindset.