SEO contests a new effective way of internet marketing

First, let me explain you what a SEOcontest is. A SEOcontest is a contest where every webmaster can build a website or page about a special keyword. There must be no results in the targeted search engine for that keyword or keyphrase. So most contests have not existing words in them or have the site name of the sponsor in the keyphrase. Like the ambatchdotcom seocontest. Where you need to rank number 1 in Google for the keyphrase ambatchdotcom seocontest. And when you become number one in Google or another search engine and you stay at that spot until the end of the contest you win the main price. Normally thousands of dollars.