Are Elite Competitions Legitimate?

are elite competitions legit

Ever scrolled through social media and spotted an incredible prize that seemed too good to be true? 

Established in 2016, Elite Competitions has quickly become a prominent name in online competition. With over £81 million in prizes awarded and more than 525,000 winners, they've certainly made waves in the digital prize draw landscape. But legitimacy isn't just about numbers – it's about transparency, fairness, and trust.

In this Elite Competitions review, we'll unravel the mystery behind these online prize draws and answer the question: Are Elite Competitions legitimate?

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How does Elite Competitions work?

Elite Competitions has a traditional competition process in place. You just need to explore the various competitions before selecting which one you want to enter, adding tickets to your basket, and paying online. 

Once you’ve paid, you’ll receive a confirmation email with your order details. 

Instant Win competition players find out if they’ve won immediately after playing. Elite Competitions will reveal the winner every Tuesday and Friday at 5.30 PM on a live draw via their website, YouTube, and Facebook if you've entered any other competition.

 

Is Elite Competitions Legitimate?

Yes, Elite Competitions is a legitimate business which runs genuine prize giveaways. Founded in 2016, the company has established itself as a reputable online competition platform in the UK. 

Two main reasons Elite Competitions are genuine: they run live draws, and several respected companies have verified them.

Elite announce their winners on a live draw and are incredibly transparent about how the selection process works.

They’re also verified on Trust Pilot and are an official partner of Blackpool F.C., which adds to their credibility. That’s not to mention that they appeared on Dragons’ Den – so it’s unlikely that Elite Competitions is a scam.



Are Elite Competitions regulated?

The Gambling Commission does not regulate Elite Competitions. The company operates as a prize competition platform, which falls outside the scope of gambling regulation in the UK. However, Elite Competitions claims to adhere to relevant UK laws and regulations to ensure the legitimacy and fairness of their competitions.

 

Did Dragons’ Den invest in Elite competitions?

No, Dragons’ Den did not result in an investment in the Elite Competitions after the show, even though they received and accepted an offer during their appearance.

In 2018, Elite Competitions pitched for investment on the BBC show Dragons' Den. They sought £50,000 in exchange for a 10% equity stake in their business, focusing on interactive prize draws for luxury items, including cars and homes.

During their appearance, they received multiple offers from the Dragons, specifically from Touker Suleyman and Tej Lelvani.

However, despite the initial interest, the deal did not materialise post-show due to the Dragon’s concerns about the company's ethics.

More About Elite Competitions

Below, we’ve answered some of your most common questions!

When did elite competitions start?

Elite Competitions was founded in May 2015 by friends Alex Beckett and James Heaton, though they didn’t formally establish the business until January 2016. Since its inception, they have grown significantly, giving away over £81 million in prizes to players across the UK.

Who is the owner of elite competitions?

Alex Beckett is the founder and Managing Director of Elite Competitions. He started the company in May 2015. In interviews, Beckett said he didn’t enjoy the traditional 9-to-5 job, so he founded the company and saw an opportunity to create a unique competition platform that offers prizes to "normal people". The company is based in Blackpool, England, and has grown to a team of nearly 20 people.

Where is the Elite Competition House?

The Elite Competition house is based in Catford, a small village just outside of Preston in Northern England. It’s a 5-bedroom house estimated at around £1 million pound, with over £30,000 worth of furniture and decorations. The house is a new build, so everything from the kitchen to the bathroom is fresh and modern.

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