Thursday, 15 January 2009

Best of the Best car competition Odds calculations

What are the Odds of winning a car with Bestofthebest?

Well do the maths, many people ask whether the car competitions to win a supercar with Best of the Best are legit... Yes they are. So the second step is to know the odds of winning a car with Best of the Best.

Best of the Best take in approximately £550,000 to over £600,000 per competition. With one competition a month.

Average competition entry is between £12 to £16 depending on the actually volumes linked to the discounted grid they have for the competition ticket sales.

The estimate odds for "Best of the Best" super car competitions is around:

Odds of winning: 1 in 35,000 to 1 in 50,000.

It is most likely based on fix costs and the fact that their accounts are public that the average odds of winning a £100,000 prize is around 1 in 42,000.

So for a £100,000 that is on long shot, but its still much better £ for £ then a lottery entry or any of the crappy free prize draws that can stretch into the 1:10,000,000

Friday, 5 December 2008

Win your mortgage or rent for a year competition

2 new competitions to win your mortgage or rent

Well in this period of credit crunch we can see the emergence of a new breed of competitions where players can enter and win money towards their mortgage or rent.

This is a great opportunity to compare the 2 types of competitions and free prize draws for similar types of prizes.

1- We have the win £18,000 towards your mortgage competition from the Prize Finder

2- Win your mortgage or rent paid for a year from online competitions

So what is the difference between these two competitions and prize draws?
The first, from the Prize finder:
- Open for 9 months
- Is free
- Will collect over 2,000,000 entries over the life of the competition
- Your personal data will be sold to third parties over 5 to 7 times
- The prize may not be available the day of the prize draw

What about the win your rent or mortgage competition on Spotit,
- It cost £10 to enter
- Only 2500 entries instead of 2 or 3 million
- Your private information is never sold or exchanged
- Prize is real and contracted

so you need to compare the best mortgage and rent prize draws... as none of them are free... even the free prize draws have serious costs to your private data that gets sold on... over and over again...

Thursday, 15 May 2008

Do you want to win a supercar in a competition?

Who doesn't want to win a Ferrari, Win a Lamborghini or win any other super car?

Fortunately their are a few super car competitions online in the UK that will help you win a dream sports car. The good thing and it is good, is that these online luxury supercar competitions are based on Spot the Ball. The promoters of the super car competitions charge for the entry fee to the Spot the Ball competitions so that means that the odds of winning are far greater then all the other free prize draws. It also means that your personal information will remain private.

So we all dream of driving a 500 horse power Italian super car like a Ferrari, Maserati or Lamborghini. We used to have these dream motors on our wall and dreamt of driving these luxury power cars. So winning a super car in a spot the ball super car competition seems like a good idea.

Super car competitions a sign of a mid life crisis?

Sure winning a new BMW or winning a new Porsche or other sports cars are every man's dream, But the people that enter Super car competitions could be an indication of a mid life crisis. All you need to do is look at the list of winners on BestoftheBest, the guys that run supercar competition out of the main UK airports like Gatwick and Heathrow airports.

Perhaps the success and list of winners of these competitions for these luxury car prizes also indicates that for younger crowds having a Ferrari parked on the drive way is not the best solution. Sure driving one for a week or two is appealing but owning your own Lamborghini sport car even if you won it for a few pounds still means that you will constantly worry when it is parked, how will you pay for all the petrol, the insurance, the protection of that luxury super car?

Perhaps we just want a dream car we can keep, winning a dream sports car that we can have without breaking the bank would be a start and getting some of the money to pay off debt seems to make a bit more sense.

Wednesday, 14 May 2008

Using Green Guilt to get you to win a hybrid Toyota car

Lets run the wave of Green eco guilt and create a competition to win a Toyota Prius. Win a car competitions are the most popular free car prizes draws on the internet. Putting together the needs for a greener world, the desire to protect our environment and the personal need to enter free competitions to win a car, the win a Toyota prius is the perfect competition.

The Big green Prius competition is just the thing for you green car lovers. In the typical nature of a Chance to win a new Toyota Prius the competition promoter has developed a relationships with one of the biggest free prize draw website Win4Now.

This new generation of green car runs on a hybrid petrol electric platform. The Toyota Prius is ranked amongst the best eco friendly car, though I would say is that the Prius makes for a bad battery recycling eco friendly processor. The Big Green Switch simply wants to attract and collate competition prize entry information of the players entering the Win a Toyota competition.

This makes perfect sense for a Green eco company to create and obtain very qualified leads for its specifc industry. By creating a specific competition and free prize draw with and eco friendly prize such a the Win a Toyota Prius combines the targeting requirements of the competition and the prize that will filter the qualified leads.

Entries to the Win a Toyota Prius are limited to one per account. Entries are limited as they are free and as well to avoid automated competition entry by robots. None the less most compoholics will still enter as the prize value of the vehicle is in excess of £15,000 so even if the player doesn't care about the prize itself it always still have an intrinsic value.

Monday, 12 May 2008

Bestofthebest co uk super car competition legitimate?

In the jungle of car competitions and win a car prize draws, one company stands out bestofthebest super car competitions. You need to make the clear distinction with a car competition and prize draw that is free like the one found on the prizefinder and as the car prize is the bait for lead generation.
On the other hand Bestofthebest super car competitions are operated using a gaem of skill called spot the ball. the objective is different, Bestofthebest operate a margin based super car competition and are not after or sell players personal information.

So to the question: is bestofthebest co uk legitimate, the answer is YES.

Are the winners of bestofthebest for real. the answer is yes. Most supercar competition to win a Ferrari, win a Bentley, win a porsche or win other great sports cars is real because they are a real business. They invest in there stands in airports such as Heathrow airport and Gatwick airport. In the airports bestofthebest have competitions stands and they display their prizes, you can see and almost touch the supercars, you will see the Audi R8 prize car, the Ferrari you can win and the lovely Lamborghini Gallardo.

Should you trust the super car competitions of bestofthebest in the airports? Yes the biggest reason of all is that the competition operator bestofthebest Plc is quoted on the AIMS market and information is available on their website. Their accounts are audited by an independent accounting firm.

The one disadvantage of the bestofthebest super car competition to win a super car, win a Ferrari type of competition is that you do not know what the total amount of competition entries their are for each super car competition. If you analyse the info contained in the accounts of best of the best plc you realise that each super car competition generates about $£450,000 in entry fees for a car prize value ranging from £90,000 to £120,000. So you are looking at a profit margin of over %400. For this reason the total number of entries is kept confidential. If you calculate the average price of the entry tickets you end up with winning odds of over q in 40,000 on average accross the year.

Granted these adds are far better than any other free competition to win a car. If you look at the average odds of winning a free car they often exceed the 3 to 4,000,000 mark. This means that your chances of winning are virtually nil. On the other hand spot the ball super car competitions of bestofthebest are 100 times easier to win. The improved winning adds come from the fact that the entry is pay to play rather then free entry. Paying for competitions is generally better because your private information will stay private, your odds of winning a car are 100's of times better and their is more chance that the competition will be legitimate.

Sunday, 11 May 2008

Win a New Mini Competitions

As the most popular car prize in the UK it is no wonder that Winning a new Mini is at the top of car prize competitions. But no all Win a Mini competitions and prizes are created equal, most often these prize draws will have 100,000's of entries last for months if not years and you will never find out who the winner is.

We know that "win a mini prize draws" are only used for lead generation, that is to collect personal data on customers knows as: qualified leads. So the win a new mini car competitions have the objective to stay open as long as possible.

Still collecting entries when the competition is closed:
Take a look at this win a mini competition from myoffers. Players would be tempted to enter, it is free to enter at the end of the day... But know click on the win a mini competitions terms and conditions link. Read the fine print... yes the competitions closing date in January 2008. The win a mini competition has been closed for over 5 months, yet the raffle website still keeps the page open to tempt more entries and registrations. Additionally the prize draws to win a car stay open to generate search engine rank and increase their posistion for some of those key terms.

So the entry practices are not the most transparent and some of these winning a car draws will do everything to get a punter to part with their private information and compliment it with questions during the registration process. The key is to understand that anything that is a free prize wants something in exchange. Nothing is free, not even a free car or mini competition. They always want something. So the rule of thumb before you enter a win a mini competition is:

The less it costs to enter the more entries there are and the less chance of winning you have.
If their is no entry fee, you will pay the entry with enormous amounts of private data surrender.
Only pay to play car competitions are only interested in the entry fee and protect your personal information, it a choice every player needs to make.

The Win a Mini competition mentioned, closed with over 1,500,000 registered entries...

Saturday, 10 May 2008

Win a £50 holiday voucher from Expedia competition

As we have said it many times over, free prize draws and other free to enter travel competitions are purely lead generation marketing activities designed to gather customer data.

Winning a holiday and numerous travel competitions to win a city break or win a holiday in the Caribbean are all designed to get players to enter. Now many of us competition player would be tempted by the soft beaches of the Caribbean and the luxury hotels of those travel competitions. Even if the chance of winning is very small or even microscopic the win a holiday competition needs to have a prize that is worth the sacrifice of personal information.

Enter the Expedia win a £50 holiday voucher. A £50 holiday travel voucher is hardly enough to tantalize players in entering a competition to win a holiday. If you look at the cost structure of Expedia and the limitations included in the terms and conditions of the redemption of the £50 travel voucher, the discount barely makes a dent in the profit levels and margins of the cost of the travel package sold by Expedia.

All in all if you are to enter a travel competition make sure that the prize is worth the effort, make sure that the destination of the holiday and the value of the prize is appealing. We all want to win a holiday to the Caribbean and enjoy the exotic and luxury hotels of the tropical holiday destinations, but a £50 Expedia travel voucher competition is hardly what one would call a value added prize even if its free...

Friday, 9 May 2008

How fake Win a Home competitions gives away a Time Share prize

Win a Holiday home - turns out its a time share prize.

Win a home competition are the pet peeve of free prize draws and competition websites, at least the free ones. History has it that many have attempted to sell their home using some form of prize draw to attract potential buyers. Traditionally the attempts were made to sell of the tiles of the roof for a small fee. the winner of win a home competition would have the winning tile and win the entire home as the gran prize.

When it comes to win a home for free prize draws, the principal home prize attracts many potential entries. But the title of the win a home competition in itself is deceitful especially when properly used in search engines. Now people type in Win a home prize draw and end up with a variety of propositions to win a holiday home.

A recent competition has launched here, all the initial searches revealed that the win a home competition was in fact for a half backed time share in a remote holiday destination. The prize winner of the win a home competition only received a weeks worth of time in a small apartment time share as the prize. Obviously the value of the home prize is slightly different if its a weeks time share.

The moral is that you should look at the details of the win a home competitions and find out what the terms of the competition truly are before you enter. So its always better to enter specific comeptitions where the objective is the prize to win a home and the odds are transparent.

Wednesday, 7 May 2008

Will you ever enter a competition to win a free Ipod... cuz you should stay away

Win an Apple Ipod Nano free prize draws - the most common online competitions on the web

Want to win an Apple Ipod for free? Don't bet on it. The Ipod Nano is the most common free prize draw prize. There are more free prize draws that use the popular win an mp3 then any other win an mp3 competition, that the chances of winning an Ipod is remote and bleak at best.

Typing win and ipod and win an mp3 in Google will reveal how players are ready to give up their personal identities for the smallest of chances by entering free prize draws to win an Apple ipod that it becomes a bit crazy.

If you start looking at the odds and calculating the odds of the possibilities of winning an ipod for free you realize that if you covert the prize value to the calculated chances of winning it is perhaps the worst possible free prize draw and giveaway to enter, even if its for free.

The value of an Ipod or even of the Ipod Nano is between £100 and £130. Free prize draw website and competition to win an Ipod will take in as many as 300,000 entries or more. the competitions to win and Apple Ipod are interconnected and all the free entries are pooled together. because of he craze for the ipod and the trendy impact of the free prize, the propensity to enter win an ipod competitions see the highest level of competition entries then any other prize, regardless of the value. Only win a car competitions for free will see a greater number of entries. Win a Apple Nano prize draws is now saturating the free prize draws scene to the point that duplicate entries are starting to limit the lead generation capabilities of the free prize draws websites that can be found.

So it is now being antied up and the free prize draws to win and Apple ipod Nano are now giving way to higher and more expensive prizes. But pound for pound, dollar for dollar, the competitions entries are far greater for Apple prizes then for other consumer electronics prizes. A £1,000 42 inch hi def LCD television will attract less competition entries then an Apple Macbook competition worth only £650.

If you are the promoter of a raffle a prize lottery or any other lead generation tool prize website, the suite of Apple products is a must to have to ensure a higher conversion of you players. if you are a competition player and out to win an apple ipod then you need to be aware that you have the worst or lowest odds of winning an Ipod and the that you will be competition against the largest possible number of players.

Ultimate free cash prize draws want to give you £1000000 in cash!

How to Win a £1,000,000 cash for free

A website in the UK called Loopy Lotto has launched an outrageous lottery for free where the potential winner can win £1000000 cash as the grand prize. Well if the lottery with this huge cash prize is for free, then their seems to be no draw backs... but the question is: is the cash prize and lotto entry really for free or does is cost something to enter? and what is the catch?

What does the free cash lottery actually cost?
Lets take a deeper look and we can see that the entry process to the lottery requires the entry of some personal information, your name and email... If you look at the £1000000 cash prize lotteries terms and conditions you will discover the rules and regulations of content accuracy that require your personal information be accurate and up to date. In the same terms and conditions you pretty much give up to Loopy Lotto and their partners all of your privacy. They no own you email address and can do with it what they wish.

How much cash does the lotteries bring in?
The value of a qualified email address obtained from the lottery entries can reach quite a lot. A qualified email can be sold anywhere between £1 to £5 a pop. That is a lot of serious cash. But don't think that the lottery company giving out these great cash prizes to win for free is actually going to fuel a prize pool...

What are the chances of winning free cash?
Every registered user to the free lottery to win the grand prize of £1000000 has only one entry per day. You cannot enter the lottery more than once. The lottery emulates the UK's National Lottery. Every day a new number is generated, and if someone actually managed to find the number they win. So what are the chances of winning the cash prize? The odds of winning the lottery are 1 : 14,000,000. that's right the chances of a player to win are 1:14,000,000. Only here their are no interim cash prizes. Its all or nothing.

How many deleted entries every day for the Lottery?
Every day after the draw all the previous entries are deleted and you need to re-enter the cash prize lottery the next day. If you only have 1000 entries per day, Loopy get 1000 email addresses permanently, the players only get one entry. In the end those emails can be sold for £1,000 to £5,000 every day with the chances of having to pay out the prize being virtually none.

What happens if a player gets the right lottery number?
They wont, you always have the risk that a business like this lottery for free cash thing will just look at all the entered numbers and will randomly pull a lottery number that "oh dear" no one has actually drawn.
Some large businesses and website that do operate legitimate Lottery and free cash giveaways are properly audited. When they do get a winner they operate an insurance contract. The cash that is paid out to the winner is actually insurance money from the insurance company that pays out in the unlikely event that their should be a winner...

so think about it... is it really worth giving your personal info away?