Sites Like eBay

Saturday, February 16 2013

Great Tips on Obtaining Bid Packs

By Harvey Derbery on Saturday, February 16 2013, 04:21

To be able to participate in a penny auction, you need two things: first, you need to register into a particular site to become a member; second, you have to purchase a bid pack, which will enable you to place bids at auctions. Bid packs are priced differently and they come in small and large packages. To be honest we prefer Bidiction, even though it hasn't launched yet, it looks like it'll be worth the weight.

Newbies are often encouraged to buy smaller packages, so that they can control their expenses and not get carried away; but for more experienced bidders, there are larger packages that they can buy.

Bids are typically worth about 0.25 cents to $1.25 and when you place a bid, you lose money. A great way that you are able to protect yourself and your money is to know how to buy bid packs. Here are some great tips that you can consider:

Promotions. Every once in a while a penny auction site is going to hold a promotion. This means that their bid packs will come with free bids, more than the usual. Keep an eye for such promotions and take advantage of them.
Contests. There are also some contests that go on around that you can join. When you find invitations or alerts, just go ahead and take your chance because you might end up winning bid packs that you can use at auctions.
Coupon Codes. Just like a normal coupon code, there are some codes that are meant for penny auction sites. Such codes will help your land discounts on your next bid pack purchase.
Larger Big Packs. Larger bid packs will be more costly but the cost per bid, when you the time to compute will be lower compared to smaller bid packs, so you end up saving some money.
Auctions. Sometimes, bid packs will be the auction item and if you win the auction, you get to purchase the bid pack for a significantly lower price than usual.
Referrals. Some penny auction sites encourage their member to invite friends and family to join. A referral that is detected from your account will result to some free credits.
Bid Backs. When you say bid back, you are getting a full refund of all the bids you spent on an auction after losing. This is not common on penny auctions but there are special auctions that are set with this arrangement, so instead of obtaining bid packs you basically just retain whichever bids you made, at the end of the game.

Tuesday, January 29 2013

How to Use Penny Auction Sites

By Harvey Derbery on Tuesday, January 29 2013, 03:35

Have you heard of a penny auction site? It is a combination of things: it is an auction, an online shop and a gambling place, but what it really is will depend on how you really choose to see it. It is an auction if you think about the fact that you are throwing bids to be able to claim ownership over something; it is an online shop because it is a perfect place to find things for you to buy; and it is a place to gamble, given the nature of how things are.

If you are thinking of using penny auction sites, you have to understand how it works.

The membership: To be able to participate in a penny auction site, you have to be a member of a particular site. You need to create an account and you need to register. You can probably do as much as browse through the different auctions, as an outsider, but to participate, you will need to become a member.
The cost: the cost per bid at penny auction sites varies but they typically are around the When range of 25 cents to $1.50. This means that when you place a bid, every bid you play is going to cost you and this amount is forfeited if you lose.
The playing strategy: It is more than an auction and more than shopping. It is a game and there is a winner, so you need to formulate a perfect plan and strategy to achieve victory.

Tuesday, December 18 2012

Do You Want to Be A Penny Auction Power Bidder?

By Harvey Derbery on Tuesday, December 18 2012, 17:51

When you shop at a penny auction site, you are making a decision to choose complexity over the normal shopping experience. You do so perhaps because you enjoy the thrill or maybe because you love bargains, and who does not? Penny Auctions give people a reason to save money and if you want to start playing, you have to determine what kind of player you want to be.

There are different types of players that you will encounter at penny auction sites. They are stronger than the average player and they act that way because it is their goal to strike fear onto other players. If they succeed, a fairly crowded auction room will see some people exit graciously. Because who wants to play with power bidders if you know that you cannot stand a chance?

Well, people always say: “If you can’t beat them, join them!” and instead of being a coward and letting the power bidders have their way with you, why not take their place and be a power bidder yourself? There are so many benefits to becoming one and it always involves winning!

Monday, December 17 2012

The History of Penny Auction Sites

By Harvey Derbery on Monday, December 17 2012, 17:51

The History of Penny Auction Sites Do you play at penny auction sites? An auction is a type of sale where participants place a bid on an item against each other and only the final bidder gets to enjoy the prize item. In penny auctions, the term winner and loser is greatly signified because when you win you win the opportunity to buy the item at the lowest price possible, but if you do not just forfeit the chance but you also lose your money.

It is a fascinating thing, penny auctions and as the years go by more and more people are appreciating it for what it is. To better embrace what penny auctions are, what they have become and what they ought to become, it will be smart to look at how it first began.

During the 1930s, the Great Depression came and it started in the United States. This has caused various businesses to close and economies to fall, ending with people losing their homes and having no place to go. The most unfortunate victims were the farmers from

Midwestern USA because they were unable to raise their own crops. When they asked the government for help, help did not come and when the very first family was forced to foreclose, the bank decided to auction off their property. That became the first penny auction. The end of this lovely tale, however, finished with the “buyers” or their own neighbors, giving back their property to them.

Wednesday, December 12 2012

Penny Auctions: Signifying Your Competitiveness

By Harvey Derbery on Wednesday, December 12 2012, 17:50

The people who play at penny auction sites do so because they enjoy the thrill. There are a specific group of people who love to participate in penny auction sites These are people who love bargains and love being able to save money on anything they buy; and these are people who always want to come on top and win. The concept of penny auction site shopping revolves around bidding for the chance to win the chance to buy an item for a very low price.

There are a lot of people who join such auctions and if you want to increase your chance and therefore tap into your competitiveness, here are some strategies that you can use:

Play during low hours. When you play at peak hours you are not only coming up against a lot of people, you are also most likely playing with a lot of power bidders. During peak hours the game will be more fun but you will have less chances of winning. When you make a decision to play during low hours, you are making a decision to be the smarter player and therefore one that plays where there is a bigger chance to win.
Buy larger bid packages. A bid pack stands as a consumer or member’s credit and he can only participate at an auction after purchasing a bid pack. If you buy a small bid pack, you are given very limited bidding chances so you cannot be as competitive and aggressive as you want. If you buy a large bid pack, you will feel so much more confident to play.
Use the auto-bid software. Some penny auction site give their members the opportunity to make more bids at one time by using an automated bid software. It allows them to overpower bids that other player would lose the interest of playing.

Wednesday, December 5 2012

Studying the Penny Auction Sites

By Harvey Derbery on Wednesday, December 5 2012, 17:49

When you get the chance talk to a penny auction site expert and ask them for tips, they will tell you that the best way for anyone to gain a stable footing and to develop the right confidence to play, you need to devote some time to research. To perform better you have to study and before you play at a penny auction site, you should study the site for the following:

Its peak and low hours. This is most especially true for sites that are not globally available. Since there are no players that come from different areas around the globe, there will be low hours and peak hours. Stay away from peak hours because you have less chance of winning. There are more players so the game gets more complicated.
Names of power bidders. There are different types of players and the most important player that you need to look for are the power bidders; the players who are most aggressive and have a reputation of winning almost every time. They are experts and they have been playing for a while, so you need to be prepared to come against them or not play with them at all.
Opportunity to win free bids. There are many ways for one can win free bids and free credits can be used in so many ways so you should take advantage of the chance to win free bids.

Saturday, December 1 2012

Penny Auctions: The Automated Bid

By Harvey Derbery on Saturday, December 1 2012, 17:48

There are various playing strategies that one can take when they make a decision to play at penny auction sites. They can be a sniper and patiently wait for the final second to place a bid or they could play with complete aggression with an automated bidding software that will shoot bids like a machine gun would. Both strategies help many people to win, and if you are thinking of playing with one, you have to know some things:

It will be good for you to use the automated bid at the beginning. With the use of an automated bidding software you can place multiple bids at a speed and help shoo away other players. You are doing this to threaten them and it may or may not work.
The beauty of automated bidding is that it enables you to play even when you are away from your computer. If you are busy but you are desperate at winning some item you have seen from a penny auction site, you can still toy at the chance.

Note that not all penny auction sites permit the use of an automated bidding software. This is a bidding option that is unique to some sites, so you have to look for specific sites that permit such things.