This should be a no-brainer, but let me just run this by you all.
I just noticed there's a decently-rated indie publisher holding a contest for first-time novelists. The publisher (who also happens to be a writer) wants the entire manuscript, plus a $20 reading fee. The prize is publication. Of course, we're not talking 'advance' here.
Isn't this just a way for the publisher to not only get an acquisition that he/she doesn't have to pay anything for, ever, but to make $20 off of everyone who enters?