We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Comping For Cash Article Discussion
Comments
-
A couple of things i noticed.The biggest win on the forum by toejumper link doesn't work:)
Also not sure if it applies to the TPS(phone) side of things but i know with the MPS(Mail) they can't stop them sending you mail if you have entered a comp on their site or gave them your details,i've tried:)Darren0 -
No mention of loquax? It's an excellent (free) site and has a really good competitions tracker. I only read the forums myself but think it deserves a mench...?
I think there will be a flurry of activvity from recipients of the money tips email, then they'll realise how much hard work and dedication has to go into comping and most are likely to give up if they don't win quickly!0 -
Interesting article.
Personally I'd like to see people encouraged more to sign up to the forum (and use the Thanks button). Some people put in a lot of work posting the comps, the least peeps could do is sign up and say thanks.
I don't think the article stresses the level of dedication needed to really win enough to make it worth while. It does take hours upon hours on 'comping' to reap the rewards imo.
EDC xBiggest win: £10,000 from PepsiFavourite win: Handmade jewellery worth £1000ITV Winners Club Member #1Check out the ITV Winners Club in IWIWIWI shall write in ever decreasing circles until I have nothing left to say0 -
"Yet even with these sexy stories it’s crucial to realise that you won’t immediately be frolicking in a bed of £50 notes."
Never heard comping described like that before.:rotfl:0 -
There are going to be a lot of very disappointed people on here soon :eek:0
-
I think the article needs redoing. There are some useful titbits in it, but it reminds me of a timeshare speil in that the basic arguements are misleading.
Comping isn't profitable - its fun. Saying its profitable is like saying envelope stuffing is profitable.
In the last few years I've only won one cash prize (£1k) and sold one win (£900). Against all the hours I've put it in that's a very poor return. I once worked out (using all the prizes I've won not just the cash) that its about £3 an hour, much less than the minimum wage. Plus if I'd spent the same time working earning the minimum wage, I'd have total choice what to do with the money. Later this year I'm off to San Francisco, a lovely prize, but I'll have to pay for my meals, site seeing, local transport, insurance, kennelling for the dog and so on.
Not so many people enter holiday comps so there's a bigger chance of winning. However, unlike say a TV, you can't resell this kind of prize.
I also disagree with the assertion at the start that by entering more competitions, you are more likely to win big. The odds of winning any competition is related to the number of enteries. It doesn't follow that the more you enter the bigger your prizes. Maybe you'll win more often, but not necessarily bigger, otherwise quite a few of us would have won the Daily Mail house by now.
I like the final "Q" about pay to enter contests. It does beg the question though, why the £1.50 limit on text enteries is set so high.From MSE Martin - Some General Tips On Holiday Home Organisations and Sales Meetings
DO NOT TOUCH ANY OF THEM WITH A BARGEPOLE!0 -
It seems to be that a high number of competitions need to be entered before you win anything....most wins are not cash and it would still be hard to convert small wins into cash.....as I am unable to work I come on here when I feel able and enter the comps..but even on a good week health wise I can enter numerous comps and still come away with nothing.Thanks to all comp posters:ADo not take life too seriously; you will never get out of it alive0
-
Between myself and my other half we enter 500-600 competitions a week, entering the ones that are closing in the next few days. We haven't won a single thing in the two months since we started doing this again, so do not count on it for any income, only do it if you enjoy it.
Also, snaplinks does not work with the most recent version of firefox.Debt January 1st 2018 £96,999.81Met NIM 23/06/2008
Debt September 20th 2022 £2991.68- 96.92% paid off0 -
ROBDOLPHIN66 wrote: »There are going to be a lot of very disappointed people on here soon :eek:
Totally - the whole feeling of the article is wrong. I hope masses of people don't come on here looking for a quick buck then start moaning in their droves when they realise that:
a) comping takes over your life
b) your first win takes weeks if not months
c) big wins are few and far between and take a lot of effort and time to find0 -
I just wish people would realise that just because they've entered, it doesn't mean the comp has ended. To moan about not winning when you've been entering for a matter of weeks is ridiculous. Anyway, winning is a bonus, not a right.Luck is believing you’re lucky – Tennessee Williams
May your pockets be heavy and your heart be light. May good luck pursue you each morning and night – Anonymous0
This discussion has been closed.
Confirm your email address to Create Threads and Reply

Categories
- All Categories
- 351.7K Banking & Borrowing
- 253.4K Reduce Debt & Boost Income
- 454K Spending & Discounts
- 244.7K Work, Benefits & Business
- 600.1K Mortgages, Homes & Bills
- 177.3K Life & Family
- 258.3K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards