A little story of a past compo

Here's a little story for you regarding comps; maybe a little something to add fuel to your fire!.

A friend of mine who we shall refer to as Mr Big tells me that a well known uk mustard company once had a competition. The prize in this competition was a brand new car. One of his friends used to work for this company and was part of the team tasked with dealing with this competition in question.

In the end, this competition only ended up having a grand total of 17 entries. That means if you had a single ticket in this competition you had a 1 in 17 chance chance of winning a car. If only I was interested in comp running and spotted that back in the day.

For the sake of completeness, Mr Big is still alive and at large in the community.

A past glory

Just remembering about old times, so I figured I would inform you of something you might expect to find right here.

The story goes, a few years ago Gala bingo offered a free £10 promotion when you signed up to a new account and deposited £10. The £10 credited to your account was in the form of a none with-drawable credit, you had to wager it in one for or another. But before you could wager any of the credit, you needed to sped your real £10.

Now there was a way for the smart person to profit from this, you see Gala had a chance game that was something not to much unlike a basic form of bingo. It only had eleven out comes to the possible result of the game, and as a player you could bet on everyone of them in a single game. If you did this with your own money you stood a chance of winning less then you wagered. However due to the bonus you got when you signed up, this was not really that much of an issue!.

The little loop hole went a little like this;

1. Sign up for an account at Gala bingo
2. Deposit £10 and get your free £10
3. Go to the chance game in question
4. Spread the £20 across all eleven outcomes in the game
5. Play the game once, the winnings would always work out to be more then £10.
6. Withdraw all the money in your account. It would have been more then £10

As I recall I myself made £7 profit for five minutes of my time. Now this little loop hole is no longer present and the game in question no longer exists on there website. I bet some web-Dev guy got his bollocks handed to him on a plate that day.

Now should I spot any of these little gems in the future, guess where I shall post them!.