What To Watch Out For!
Cash competitions are often regarded as a massive attraction to players. After all who doesn't want to be a millionaire? However our advice is - as with everything in this sector - be careful. Just because a site is offering a big cash prize doesn't make it worth your time or money. For example watch out for new sites offering large monetary prizes! In the past we've seen a site offer 4 x £50000 when they have absolutely no traffic or social media presence. Look towards established brands that have experience, transparency and winners. If something seems too good to be true then it probably is.
Are Cash Competitions Expensive?
Ticket prices range from site to site and competition to competition. Usually the higher the price, the lower the odds. Whilst sites offering tickets for pennies will be looking to sell thousands if not millions of tickets. A few pence here and a few pounds there doesn't sound a lot but it can quickly mount up. Affordibility checks are part and parcel of online gambling these days but competition sites are not regulated and only a few will be red flagging players who are spending a lot of money. Set your limits, don't be sucked in by late deals or urgent emails and texts. These competitions are addictive - treat them like any other gambling site and play responsibly.
Can I Enter For Free?
Many pay to enter prize draw sites offer entrants the chance to enter without buying a ticket. Instead entrants can enter for "free" by sending in a postal entry. However given that the price of a stamp can be more than the cost of entry the NPN Route is a little redundant. Although competition sites should honour NPN postal entries it's not always easy to know whether they're doing so. Some sites do run free prize draws but you may need to download an app and/or be a customer to enter. You may also find the chance to enter free prize draws via social media.
Top Tips For Cash Competitions
- Look towards established brands like That Prize Guy, Elite, 7 Days, Dream Car Giveaways etc
- Check the competition site out before even thinking about spending money.
- Read reviews, look on social media, check for winners holding cheques.
- If the cash prize is large see if there are any caveats about how it will be paid
- If it sounds too good to be true, it probably is!
- Many sites offer cash alternatives for most prizes, but compare odds, costs etc.
- If you have any uncertainty about a site then just don't buy a ticket.
- Competitions sites are unregulated so be wary when you purchase.
- Watch your spending and don't play more than you can afford
- Look out for discounts such as early birds or late closing!
- Think about responsible play at all times!