If you’ve always dreamed of jetting off around the world, but didn’t have the cash to burn, then check out this new competition. HostelBookers are offering you the chance to win plane tickets and hostel accommodation for you and a travel buddy to go backpacking around the world.

HostelBookers are a booking website for hostels and budget accommodation, and EyeforTravel Research has recently revealed that they are cheaper than their nearest competitor. To celebrate they have teamed up with RoundtheWorld Experts to give away round the world tickets for this once-in-a-lifetime trip.

Even if you don’t nab the top prize, you’ll still be in with a chance of winning 49 other prizes perfect for the budding packer, including…

• A Sony HDR-TG3E HD Camcorder
• An iPhone Touch
• An ipod Nano
• A backpack of handy travel supplies
• Another 30 entrants will receive a travel hammock for napping on the road.

To enter all you have to do is go to HostelBooker’s website and answer how much cheaper HostelBookers is than their nearest competitor, and you’ll be automatically entered into the prize draw.