Do you like Penny Auctions?

[ErieBigDawg]

If you like to do penny auctions while waiting for a load, here is a site that will give you $300 worth of free penny auction bids:
http://500auctionbidsfree.com

Have fun...I do!

 

[asjssl]

What have you ended up with?? Any good stuff??

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[Doggie Daddy]

I just have a hard time believing that people are ending up getting brand new cars for less than $2,000.00.

 

[paullud]

I just have a hard time believing that people are ending up getting brand new cars for less than $2,000.00.

It seems like a scam at first until you look into the operation. The auction company will charge for each bid so something that sells for $2000 had 200,000 bids multipled by whatever they charge for each bid. It can allow the bidder to get a great deal as long as they weren't bidding to much and allowed others to run the bid up.

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[Turtle]

It's not a scam, but it's still kind of icky. The items up for bid are owned by the owners of the site. Start multiplying the cost of each bid by the number of bids, and the site owners make out like bandits, because once you've bid, you don't get that money back even if you lose the auction. Unless you win a lot of auctions, all the money lost in previous auctions can add up, so that high dollar iPad you sniped for $75 may have actually cost you more than the MSRP for it. It's like gambling, they'll let you win juuuust enough to keep you hooked and coming back.

 

[ErieBigDawg]

I figure use their free bids until they are gone and I really don't care how much they make, just if I get a good buy.

So far, $75 Walmart card for $40.
and the bids were free!