Jan 7 2007

Another Win a House Failure

Win a House competitions have been popular internet stories. They usually get press coverage along the lines of the idea being “unique” and with the housing market constantly in the news they possibly arouse public interest. Sadly, in almost every case I’ve been aware of, the public interest does not equate to participation and so far, again as far as I am aware of, not one house has actually been won through these kind of raffle competitions.

Winning a £315,000 house in Rugby for the price of a £5 raffle ticket sounds good, but in one competition players have kissed their money goodbye and now have no chance of winning the house. The company involved, MJ Prizes, has collapsed and according to Rugby Today only £9000 worth of tickets were actually sold. That’s just under 3% of the number of tickets required to be sold to just break even on the house price.

In the last few months a new Win a House competition started up at Winahouse.tv. This competition offers players the chance to win a house for £1. The first competition has closed (6th January) and what will be interesting is if the house gets awarded. The terms of the competition indicate that if less than 400,000 entries have been made then an alternative prize will be awarded. Two further draws are due this month too - and it will be interesting to see if another win a house competition ends up failing or whether finally a house is won through these kind of promotions.

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7 Comments on this post

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  1. Win A House - Opinions wanted - Affiliate Marketing wrote:

    [...] no win a house competition has ever succeeded… and there’s been many many attempts. Example… Another Win a House Failure | One Little Duck - Affiliate Blog My advice would be to sell the house via the usual channels Jason __________________ Loquax | [...]Technorati Tags     

    February 6th, 2008 at 2:55 pm
  1. Rich Danby said:

    Just saw on their blog (http://www.house4apound.tv/wordpress/?p=25) that they sold 5252 tickets and will be paying out £1000.Technorati Tags     

    January 8th, 2007 at 9:10 am
  2. Simon Cooper said:

    I have seen a similar competition to win a house - entry is only £1 online and are offering a free route by post. Is it a lack of interest or fear of a con that stops people entering these competitions ?Technorati Tags     

    April 25th, 2007 at 3:43 pm
  3. lewi said:

    i heard about a site in the UK that are doing pritty well seeing as they have only been online for about a week now
    http://www.shropshirehouse.co.uk
    even if you dont buy a ticket or two like i have (actually brought 10 now i have a 1 in 3,333 of winning which is beta dan the lottery :D Technorati Tags     

    August 7th, 2008 at 5:22 am
  4. Scuttle said:

    http://www.winadevonpropertywithfishing.co.uk/index.php

    This one appears to be doing rather well….46000 ish tickets need to be sold for the house to be won, 32,000 ish sold so far (including 2 to me!)

    It was on 22,000ish a couple of weeks ago and closing date is Decemeber, so looking promising…offering a 65% pot if the required number of tickets doesnt sellTechnorati Tags     

    September 1st, 2008 at 3:30 am
  5. Andrea Compton said:

    Why not buy a ticket we all buy lottery tickets and scratch cards so why not try win a house. One property advertised sold 46,000 tickets in 11 weeks one lucky winner will win a property worth 850,000 all for the cost of £25. As long as they are proven they have been run fairly in most of the cases i have been watching accountants and solicitors are involved and the money in secure bank accounts why not try your luck as I have done and if the tickets are not all sold then someone will win cash!.Technorati Tags     

    October 18th, 2008 at 6:52 pm
  6. Jason said:

    The 46000 ticket competition has been delayed in announcing a winner due to an enquiry by The Gambling Commission.

    It’s totally possible that all entrants will have their cash refunded.

    These competitions are not as straightforward as those running them think.Technorati Tags     

    October 18th, 2008 at 8:45 pm

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