Since we first made the decision to create CompSpot our goal has been to build the biggest and best comping site in Australia.
To make it the best we designed a user-friendly site with great features such as:
- Easy-to-use filters to help you quickly find the best competitions
- A CompLog to help you keep track of all of the competitions you have entered and won
- And our RhymeSpot tool to help you maximise your chances of winning Words or Less competitions.
Making it the biggest site in Australia has proved to be a harder task.
There are several great Facebook groups for Compers in Australia, as well as a few more established comping websites. What we have discovered is that, with so many other options available, people are reluctant to pay for a new service, no matter how many features it may have.
For that reason, we have decided to try a new approach.
Rather than asking members to pay a small monthly subscription, we are going to make the entire site available free of charge!
Is that sustainable?
Running a site like CompSpot takes time and money. There are servers to pay for, emails to be answered, and new features to be added.
To help cover the cost of that, we will now have a couple of ads on the site. These will be unobtrusive, and limited to just a few places.
We hope that the revenue generated by these ads will allow us to keep CompSpot completely free, and also to continue to develop tools which will make it even easier for our members to enter and win competitions.
What kinds of ads will you show?
To begin with we will have only one advertising partner: bonusbank.com.au
Bonusbank is a membership site which teaches people how to make risk-free profits from bookmaker sign-up bonuses and promotions.
This process is known as matched betting…but don’t let that name put you off.
Matched betting isn’t the same as gambling. It is a mathematical process that takes advantage of the promotions in order to guarantee a profit.
It started in the UK about 15 years ago and, since then, has become one of the most popular ways to make a side income.
In fact, it has a lot of crossover with Comping. In the forums of the popular MoneySavingExpert.com website you will find one of the UK’s biggest Comping communities, and also one of it’s biggest Matched Betting communities.
They have since helped thousands of Aussies to make amazing profits; which have been used to pay for holidays, get out of debt, save for retirement, and many other things.
If you are looking for a way to top up your income, we highly recommend signing up for a free account at Bonusbank to learn more about how matched betting works. You can also download their free matched betting app.
If you then decide to upgrade to a Premium account you can use the coupon code COMPSPOT to get 50% off your first month.
Using the code will also result in CompSpot receiving an affiliate commission, which will help to keep this site completely free.
What if I’m not interested in Matched Betting?
No worries. You can just ignore the new ads and keep enjoying the CompSpot website free of charge.
What happens if I already have a paid CompSpot subscription?
Over the next few days we will migrate you to a new free membership and your subscription will be cancelled.
You will receive an email to confirm the cancellation of the subscription, but you will still be able to login using the same details and you will have full access to the site.
Will this affect the members-only competitions?
We hope not, but it will depend on whether or not the new business model generates enough income to sustain giving away cash prizes every couple of months.
For now we will continue as normal and the next draw will take place on December 13th, just in time for Christmas.
The prize will be $200 cash.
What else do I need to know?
We think that’s everything, but if you have any questions just post in the comments below
To recap: You can now use CompSpot to find, enter, and track competitions completely free of charge. All you need to do is sign up for an account here. There is no longer any need to enter address or credit card details.
We hope that by taking this approach we can become the biggest and best competition site in Australia, so please tell all of your comping friends.