I don't believe in competitions, especially for children. They create complexes, mostly unhealthy. If there's a First, there's automatically a Not-Good-Enough, and a Last. Now, if competitions were followed up with help to get better, aim higher, learn more, that would be another thing, but usually they're not. More often than not the "loser" feels like a loser and gives up.
Never give up
Do not break your shin on a stool that is not in your way -- Irish proverb.