Professional Comping?

fairyface wrote: »

Hi I have read newspaper articles and watched you tube videos about how people are winning thousands of pounds worth of prizes every year. I know it is mostly down to luck of the draw, I do comp and have a few wins, just thinking about putting more time to it. You know the saying in it to win it, what do you think could you make a part time living from comping, any success stories? Interested in your thoughts.:)

The media have to sell their newspapers some way and making things look more glamorous than they really are sells.

I reckon very few are winning thousands a year.

It wouldn't be possible to make a living from comping, you mostly win a prize not cash, so you would have to then sell the prizes to make cash to pay your bills.

Comping is very time consuming for very little gain.

do you think could you make a part time living from comping

From just entering competitions - No

Very little of what these people have won is cash, the quoted "value" of any actual prizes is often significantly higher than their actual purchase price so the prices would be much lower if you were trying to sell them, a good number of the prizes are holidays which are non-transferable and have no cash value.

Can you live off what would not be a bad haul for a day - a CD, DVD, bunch of flowers, can of muc-off, some concert tickets and a watch?

Probably like winning the lottery. You will get a select few who are extremely lucky and will win the jackpot, just like you will get a select few who will continuously win competition prizes. Although I do feel you would probably have a higher chance of winning the lottery than making a living from entering competitions!

These days, to win a competition is harder and harder.

I reckon if I worked out the hours I spend comping and the prizes I win in a typical year, it would equate to an hourly rate of around £1 per hour. So no, I'll stick to my day job and comp as a hobby.

I used to be a very avid comper, and went through a stage where I would win a few things every month, laptops, TVs, a holiday in Devon. However since the rise of social media I have found that I hardly win anything these days - joining MSE in the hope that I will stand a better chance (used to be a loquat - not sure I can say that word in here lol) x