QUIBIDS

quibids scam an auction review site skip to content home about privacy policy zbiddy penny auctions 8211 my favorite penny auction site to use posted on august 18 2011 by admin although i 8217 m a fan of quibids i still don 8217 t consider them my favorite penny auction website to use i recently got to try out a new website called zbiddy and not only was i able to win the exact item i was after a new ipad 2 64gb but i barely had to spend any money here 8217 s what happened i 8217 ve been using penny auction websites to snag deals for the past four months most of the time i walk away profitable but obviously i have my off days where i get into bidding wars and that sort of thing which ultimately leads to me spending too much money i 8217 ve mostly been using quibids but recently a friend of mine told me about a new penny auction website called zbiddy that he got to try he told me not only do they have a bunch of brand new electronics but that since they 8217 re relatively new there 8217 s a lot less competition i figured i may as well give them a try since they were offering 50 bonus bids on signup 8230 8212 click here to sign up with zbiddy after signing up for their website and getting my 50 bonus bids i started checking out the different auctions they had up right away i was impressed by the fact that they had such a wide variety of products to choose from this is where a lot of penny auction websites have failed for me in the past as a lot of them just have 8220 free bid packs 8221 up for auction and not enough actual products needless to say i was already a bit impressed with what i saw i 8217 ve been looking for a new ipad 2 for some time now and i didn 8217 t want to buy it in the store for 899 retail so i could barely contain my excitement when i saw one up for auction on zbiddy com from what i could tell there were only two people bidding on the ipad 2 and the current auction price was only at 7 28 i figured i 8217 d wait it out a bit before starting to place my bids twenty minutes later and it looked like one of the bidders had finally backed out of the auction the price was now at 15 92 i decided that this was the best time for me to jump in and try getting the final bidder out so i started placing my bids every time the timer got down to 2 seconds left 8230 after five minutes the timer hit two seconds left i placed a bid and then to my absolute shock the timer counted down 8212 1 second 8212 going once 8212 going twice 8212 sold and it declared me the winner of the new ipad 2 i couldn 8217 t believe it it seemed too good to be true considering the price was only 22 16 8212 click here to sign up with zbiddy this site seemed way too good to be true and i thought i would never actually get my new ipad 2 in the mail but i was wrong i paid for the shipping costs and within one week they had it delivered to me with the manufacturers warranty and everything in fact including all the bids i used shipping and the final cost of the ipad i only ended up paying 43 76 for a brand new ipad 2 64gb since then i 8217 ve been using zbiddy almost religiously and i 8217 ve managed to win a bunch of different electronics including a new macbook and a new tv things could change in the future but right now zbiddy is definitely my 1 penny auction site and i definitely recommend it to anyone starting out with penny auctions 8212 click here to sign up with zbiddy related posts grabswag scam 8211 is grabswag just a giant scam to penny auction or not to penny auction that is the question how to win a penny auction quibids strategy â how to stay on top of your bidding game enjoy online auctions read this review on quibids posted in uncategorized tagged bidtail bidtail review bidtail reviews bidtail scam penny auction penny auctions quibids quibids scam leave a comment grabswag scam 8211 is grabswag just a giant scam posted on august 6 2011 by admin penny auctions the latest internet shopping craze are pretty enticing with their advertisements for cheap ipads iphones and below retail value gift cards â the deals these websites offer seem so incredible that it is hard not to be curious â in fact on one of my favorite penny auctions sites grabswag i just say a twenty five dollar applebeeâ s gift card sell for just twenty cents â and if that is not a good enough deal to catch your interest i also just saw a call of duty black ops playstation 3 game go for just over three dollars you certainly wonâ t find prices that low anywhere else however before these great deals blind your better judgment you need to know that penny auctions do not work in the same manner as the standard auctions that we are all accustomed to â like with all auction sites you will need to register and set up a payment method â now typically this is all you need to do for standard auctions websites to get you ready to start bidding â however on penny auction websites you will need to do a few more things before you get started with the excitement of placing bids on penny auction websites you have to purchase the ability to bid and each time you bid it will cost you a bit of money â this is where many people make the mistake of assuming bids are free like we are used to seeing in standard auction settings â various penny auction sites will have different costs for their bids ranging from approximately thirty cents to a little over a dollar per bid â grabswag is in the middle of this range at seventy cents per bid and their bids are offered in 25 50 and 100 bid packages the bid timer is also something that people get confused about if they do not read the rules about penny auctions â usually the timer will count down consecutively until it reaches some low number such as twenty seconds â after this time threshold the timer will reset itself to twenty seconds each time another bid is placed â this is set up this way to allow other bidders the chance to win as well and of course for the auction company to make a bit more money â for grabswag the timer reset threshold is a bit lower at fifteen seconds some people also get confused about how you win on penny auction sites such as grabswag â the simple answer is to remember that you are not really bidding on the item rather you are bidding on the right to purchase the item at the auction ending price â so in the case of the restaurant gift card that sold for twenty cents the winning bidder paid the twenty cents for the item and also paid for each bid that was placed on that item â as an example letâ s assume that the winning bidder of the gift card used 10 bids during the auction on grabswag â this means that seven dollars was spent on the bids and twenty cents was spent on the item equaling a total of 7 20 spent for a twenty five dollar gift card grabswag happens to be one of my favorite penny auction sites because it is simple and straightforward to use â the auction rules are clear and the bidding and purchasing process is uncomplicated â i really like their â grab it nowâ feature which is sort of a way to make sure you donâ t waste your money even if you lose the auction â my only complaint is that the website makes its learning center coined â grabswag universityâ a bit difficult to find all the way at the bottom of the home page but once you do find it the instructions are easy to follow â plus they offer free bids for referrals â you may notice that there are many mixed opinions on grabswag reviews but many of the negative feedback stems from users not reading the rules before spending money related posts zbiddy penny auctions 8211 my favorite penny auction site to use quibids strategy â how to stay on top of your bidding game enjoy online auctions read this review on quibids an accurate review of quibids to penny auction or not to penny auction that is the question posted in uncategorized tagged best grabswag auctions grabswag grabswag auctions grabswag penny auctions grabswag reviews grabswag scams penny auctions quibids quibids scam leave a comment quibids strategy â how to stay on top of your bidding game posted on june 30 2011 by admin participating in auctions can have a thrilling effect for certain people such as collectors or somebody looking for the next deal quibids is an auction site that allows bids to be placed for a particular product bidding for products on quibids though exciting can also have dire consequences when failing to invest proper time in educating oneself on the mechanics of online auctioning adhering to the quibids strategy by following this how to guide to auction strategy will keep novice auction bidders from making costly mistakes quibids strategy 1 understand how auction sites like quibids work always make sure that you take the time to carefully read through any rules or guidelines if you are unsure of how a certain auction takes place quibids offers a lot of customer support and can help you get adjusted with different types of auctions the buy it now feature and how to use a voucher quibids upon reviews is backed by the better business bureau and with a rating of a is unlikely to be a scam make sure that if you plan on using quibids that you take this strategy to heart and familiarize yourself with the necessary information quibids strategy 2 set appropriate goals a great quidbids strategy to live by is to set realistic goals when participating in an auction as a beginner novice bidders should aim for smaller products and place fewer bids until theyâ ve become well adjusted in the mechanics of how auction sites work keeping quidbids strategy in mind smaller items will be cheaper in price and easier to win as well quibids strategy 3 know the penny auction model and buy it now feature becoming acquainted with the penny auction model is an important quibids strategy and one that will save you from wasting all your money the penny model is when you must purchase bids which cost 0 60 and are non refundable this means if you are unable to win the auction you lose your bids placed on the product as well as the product itself although if bids are not placed and you have some remaining they can be redeemed for money if youâ d rather cut all risk from it and pay the retail price you can choose to go with the buy it now feature the buy it now feature is an essential quidbids strategy as the bids that youâ ve placed on the product take away from the overall price quibids strategy 4 take advantage of bid vouchers and free bids anybody who is new to quibids should register and take advantage of free bids available to new entrants by entering a code upon registering you can gain up to 10 free bids which is great for beginners looking to explore smaller auctions this quibids strategy is one that should definitely be taken advantage of there are many different approaches to gathering free bids such as being active on the website certain auctions offer bids attached to the product if won and you can even get free bids on your birthday bid vouchers are helpful because you can purchase bulk bids for a lower price for novice bidders it is important to remember that a bid voucher cannot be used with the buy it now option these strategies can prove helpful when becoming introduced to quibids quibids strategy 5 using the bid o matic tool do you have something to do in real life that canâ t wait but you desperately want a certain item that is currently in auction a good quibids strategy is to use the bid o matic tool when youâ re faced with a long enduring bidding the bid o matic helps individuals with time constraints and can keep you in the bidding war itâ s an important strategy for making sure youâ re the one walking away with the big ticket item the quibids strategy guidelines listed here are meant to ensure novice bidders stay knowledgeable when it comes to auction sites quibids operates only in the united states at this time but is hoping in the near future to expand globally related posts zbiddy penny auctions 8211 my favorite penny auction site to use grabswag scam 8211 is grabswag just a giant scam enjoy online auctions read this review on quibids an accurate review of quibids to penny auction or not to penny auction that is the question posted in uncategorized tagged best auctions penny auctions quibids quibids scams 2 comments what to look for in penny auction reviews posted on june 27 2011 by admin when it comes to penny auction reviews they can range from excellent to terrible this is not surprising though since penny auctions do not work like typical auctions because of the unfamiliar rules and guidelines that penny auctions follow too many users fall into the trap of assuming that a penny auction will work just like normal auctions to which we have all become accustomed i will be honest and admit that i normally skip reading the instructions when working with something new and i am sure that there are many other people out there just like me i always think that instructions are a waste of time and only slow me down when i want to start something new i want to do it right away but here is a big warning for you you should always read the rules and instructions on penny auction sites before you get started i know that this is the boring part but it can save you a lot of money in the end with most typical online auctions you simply bid on an item and you are not responsible for any payment unless you are the winning bidder but penny auctions do not work like this at all usually you will have to purchase a bid package which gives you the ability to place bids and sometimes the website will give you some free bids to get started typically a single bid will come at a price between fifty cents and one dollar when bids are placed on penny auction items the cost of the product will increase by a single penny unlike other live auctions you may also notice that the timer is not always sequential and can reset if a last minute bid is placed the last person to place a bid is the winner with the way penny auction websites are setup bidders can spend money without winning an item some people call these types of auctions more like games where your chances of winning are more like a gamble however other people think of these online auctions as extreme deal shopping since many websites offer the convenience of paying retail for the products if you lose the bid this is a nice alternative ensuring that your bid money is not wasted since you pay the difference between the retail price and the amount of money you spent on bids but it is even better if you get a bid deal on an item you already planned to purchase all penny auction websites have different rules which is why it is important to read all of them before getting started since there are so many websites that offer penny auctions it can be helpful to read penny auction reviews to see what kind of experiences other people have had with each auction website because some auction websites can be a scam while others are not of course you should also never believe every review you read when reading a negative review think about why the reviewer gave negative comments did that bidder fail to read the instructions before spending money or did the website not offer accurate descriptions of their rules you also have to be careful with positive penny auction reviews you can skip reading any reviews that are found on a penny auction website since these will be biased anyway but you also have to analyze written and video reviews posted by other people you should think about whether the person actually used the service or if the penny auction site paid them to write a positive review if you happen to be watching video reviews pay attention to the reviewers if you see the same person appearing over and over again always with positive comments you might want to think twice about whether the site reviews are reliable in the reviews that you read or watch be sure to be on the lookout for new penny auction sites that offer a coupon code fast shipping and easy ways to pay some auction sites will be better than others so be sure to weigh the weakness against their strengths and take all relevant reviews into consideration before spending money related posts enjoy online auctions read this review on quibids an accurate review of quibids zbiddy penny auctions 8211 my favorite penny auction site to use grabswag scam 8211 is grabswag just a giant scam quibids strategy â how to stay on top of your bidding game posted in uncategorized tagged learn about penny auctions penny auction reviews quibids quibids review leave a comment how to avoid penny auction scams read this to avoid problems posted on june 27 2011 by admin it is unfortunate that in the times when people are most in need to save money that scammers are ready and waiting to take advantage of people who are looking for ways to save money this type of thing happens everywhere we look so we always have to be on the lookout for people or companies that are sneaky or deceptive in their practices unfortunately we have also seen this happen in the realm of online auctions in the past crafty web designers created a site that looked exactly like the ebay inc website and falsely advertised fake items this was a creative trick played on consumers but now we are also seeing a rise in penny auction scams while it is true that many people claim that all penny auctions are scams this is a largely exaggerated claim websites like quibids and other legitimate penny auction sites run a fair business with completely transparent rules and guidelines that bidders can easily follow of course we will always see complaints coming from users who fail to read the large print rules and assume that penny auctions are just like other online auctions if you have ever ventured on a new penny auction site you would have noticed that they run much differently than typical online auctions such as ebay in a penny auction you have to pay in advance in order to place bids plus each bid only increases the price of the item by a one penny you will also notice that the timer does not countdown consecutively to zero instead the clock may reset multiple times when last minute bids are placed on an item since you have to pay to bid it is clear that you can spend money on an auction and not receive any product in return this is all part of the chance you take when bidding on products advertised on penny auctions most legitimate auction sites will give you the opportunity to purchase the product if you lost the bid you simply pay the difference between the retail price and the amount of money you spent on bids this way you still get the product and do not waste any money these very different practices in penny auctions make a lot of people cry scam when they first try to win an item they think the auctions are unfair when in reality the users simply did not understand the rules while there are some completely legitimate penny auction sites there are also an equal amount of penny auction scams these sites will post the rules in a way that is confusing or even not post them at all the idea behind this is to force the bidder to not know the rules so that a beneficial auction strategy cannot be created some penny auction sites have deceptive advertising strategies such as those who pay people to write positive reviews for their products without indicating that the reviewer received compensation this practice is actually illegal in the united states and is punishable there are also some penny auction sites that simply take your money and never provide you with a product such as the fake ebay site that i talked about earlier legit sites will often offer free bids for new users a coupon code or two and a very clear how to guide in large bold print if you stick to widely known companies and are alert to what you are doing you should be able to avoid penny auction scams while still enjoying online auction websites related posts zbiddy penny auctions 8211 my favorite penny auction site to use grabswag scam 8211 is grabswag just a giant scam quibids strategy â how to stay on top of your bidding game enjoy online auctions read this review on quibids an accurate review of quibids posted in uncategorized tagged avoid penny auctions best penny auctions penny auction scams penny auctions scam quibids leave a comment enjoy online auctions read this review on quibids posted on june 24 2011 by admin if you enjoy online shopping enjoy getting bargains and love competition then you will probably want to try out quibids it is an online auction website that offers a large amount of highly sought after items at highly discounted deals if you are like the majority of us you probably have never ventured to any other auction sites other than ebay if this is the case then you will want to be aware that quibids is nothing like ebay while they both operate as online auctions the systems and rules are vastly different the first thing you will notice about quibids is that there are not multiple sellers like you will see on ebay instead items are only offered by the company themselves and no other outside sellers can post items the second thing you will notice is the extremely low prices that items such as laptops ipads and other expensive electronic equipment sell for the back of your mind may start screaming â scamâ like some inaccurate reviews claim but after you learn how the whole system works you will understand that the auction site is completely legitimate and learn how to benefit from it like others are already doing the bidding system on this penny auction website is completely different from anything else you have ever experienced in typical auctions items start at a low price and bidders place bids that increase the price of the item by somewhat large increments while a timer counts down consecutively from a specified number that is not how penny auctions on quibids work at all first to be able to bid you have to purchase bid credits each bid will cost you sixty cents you will also have the opportunity to win free bids by referring friends and doing other random promotional activities once you have bid credits you find an item you would like to bid on and then you can bid as a beginner you should try out a low value auction such as one for a gift card instead of starting with an auction for an expensive ipad which will surely be highly competitive you will notice that the timer will countdown consecutively at first but as time gets closer to zero it will start resetting itself every time someone places a new bid you will also notice that each bid only increases the price of the item by a single penny before spending some of your own money to begin the bidding process you may want to watch a few auctions first just to get a feel for how they work once the auction timer finally hits zero the last bidder to place a bid wins the item and that person pays for the item which is usually much less than actual retail of course this means a lot of other people who were also bidding will not win the item at first losing an auction may be frustrating because you may feel like you just lost all the money you spent on bid credits however there is a buy it now option that allows you to simply pay the difference between retail and the amount you spend bidding on the item this way you do not actually lose any money and you still get to buy the product penny auction sites like quidbids are a lot like online shopping instead of simply purchasing products immediately you compete for the ability to purchase them for a price that is well below retail if you win then you will probably jump up and down excitedly for several minutes because of all the savings but if you lose you still have the opportunity to buy the item without losing money related posts an accurate review of quibids zbiddy penny auctions 8211 my favorite penny auction site to use grabswag scam 8211 is grabswag just a giant scam quibids strategy â how to stay on top of your bidding game how to avoid penny auction scams read this to avoid problems posted in uncategorized tagged quibids quibids review quibids reviews quibids scam quibids scams 1 comment the best auction sites beyond ebay posted on june 24 2011 by admin online auctions can be addicting and actually really fun especially when you win the item you were looking for at a ridiculously low price from antiques and collectibles to the newest toys and gadgets everything can be found on online auctions most of us already know that ebay is among the best auction sites but many of us are not aware of other great auction websites outside of the ebay realm while ebay is a well known power when it comes to finding the best online auctions sometimes it can get a bit overcrowded for both buyers and sellers as a buyer knowing several of the best auction sites will give you the knowledge that you will need to find the rare object you are looking for as well as the best price and the least competition sellers can also benefit from this information to determine which site the item will have the best visibility and opportunity for the highest amount of potential bidders as one example a very popular jewelry auction site is bidz com while the company has many designer auctions available their specialty is jewelry so if you are looking for a very specific type of necklace or ring you will probably have the best luck finding it on biz com rather than on ebay which does not focus on any one specialty likewise you probably would not visit bidz to find an after market part for your vehicle but you might have good luck finding it on ebay another ebay alternative is ubid com which is another non specializing auction site however all auctions on run by the company and not by individual sellers if you are more attracted to ebay style auctions that connect individual buyers with sellers ebid com may be a good alternative for you to try you will find that ebid is much like ebay however just less well known one great perk that ebid offers is free listings for sellers sellers only pay a small percentage of the purchase price of the item after it sells making this online auction site very enticing to those who are tired of multiple selling fees other options include onlineauction com which extends auction ending times if bids are placed in the last seconds of the original ending time this is not such a great perk for competitive bidders but sellers will surely get the best price with this method if you are in search of some more expensive items such as boats real estate or other assets bid4assets is one of the best auction sites for these items this site allows many big ticket items to be sold while maximizing the number of potential bidders in the past bidders had to attend actual auctions hosted by auctioneers to participate in the bidding at real estate auctions but online auction sites have been selling large items like homes and luxury vehicles in a manner that is much easier and much more profitable because more bidders can participate you can also find items that have been seized by the government on auction sites such as bid4assets a completely different type of auction that you may or may not have been aware of is the penny auction these auctions work completely differently than what you are used to in these auctions bidders pay for the ability to bid and sometimes get to earn free bids and each bid bumps the purchase price by a penny penny auctions are slightly more complicated but can be really fun if you win an expensive electronic item for really cheap some of the more popular penny auction sites include quibids and dealdash related posts quibids strategy â how to stay on top of your bidding game posted in uncategorized tagged auction review auction sites auction sites better than ebay auctions best auctions ebay leave a comment an accurate review of quibids posted on june 12 2011 by admin quibids almost everyone has heard about new penny auction websites by now and unfortunately comments that get spread about these penny auctions are mostly negative â this is especially true for quibids which is one of the most popular penny auction sites â in a typical quibids review you will probably see a lot of negative feedback and claims of the whole auction site being a scam â while you should always proceed with caution in any type of business transaction especially on the click here for more information internet the negative reviews about quibids warn you about risks that are not entirely accurate â a lot of these negative reviews have been written by people who failed to read the rules of the auctions and decided to spend money before learning how the auction process worked how quibids works the first thing you need to know is that penny auctions do not work like typical online auctions â when you register to bid on quibids you need to purchase the ability to bid which will cost sixty cents per bid â you will also notice that you can get free bids by completing specific tasks â then you need to read about the entire auction process before doing anything else because these auctions are unlike anything else you have ever experienced â a lot of bidders fail to realize this and decide to start bidding without reading â then when they lose the auction and have not won an item they cry foul and leave negative reviews about the auction site the timer in a penny auction is one of the first things you will notice being different from a typical online auction â the time actually counts down until it reaches twenty fifteen or ten seconds â when a bid is placed the timer resets and the process will continue until it finally reaches zero â the person who bid last when the time finally runs out is the winner of the auction â the second thing you will notice is the bid increments â usually auctions increase in large amounts but in these each bid only increases the price by a single penny â depending on the auction you may also notice increments of two seconds if you are paying attention you have noticed by now that there may be times during which you have spent money to purchase the ability to bid then you use those bids and you do not win â many people think they have lost all of their money for nothing but this is entirely untrue â as a consolation prize you can pay the difference between the amount you spent on bids and the retail price of the item via the buy it now feature â while you do not get the item for a cheap price you will not be losing any money either because you can still receive the item once you pay the difference this also means that winning an auction can leave you with a really great item for a cheap price â letâ s say that you spent 50 bids trying to win an ipad and luckily you were the winner of the auction which received 2200 bids altogether â that means the final price of the ipad was just 22 and you only spend 30 in bids â so you just won an ipad for 52 at a price considerably lower than retail value typically in a quibids review you will see a claim that the company makes an enormous amount of profit during these auctions but this is not entirely true either â this is because of the buy it now option â when a bidder uses this feature the company does not make any money on the bids that bidder placed because the bid credit is used toward the purchase of the product overall quibids can be a really fun and legit auction website in which to take part â you just need to be careful and wise when making bidding decisions â do not get caught up in the excitement of the live auctions take the time to learn how to use the system and you will have a great time and hopefully win some really great products as well related posts enjoy online auctions read this review on quibids zbiddy penny auctions 8211 my favorite penny auction site to use grabswag scam 8211 is grabswag just a giant scam quibids strategy â how to stay on top of your bidding game how to avoid penny auction scams read this to avoid problems posted in uncategorized tagged accurate quibids quibids quibids bids quibids review quibids scam quibids scams leave a comment penny auction tips to live by posted on may 28 2011 by admin letâ s face it we all need to have a little bit of fun and excitement some time in our lives so why not get that excitement by doing something that can be fun and also save quite a bit of cash what exactly am i talking about penny auctions bidding on penny auctions or any auction in general can be a thrill however penny auctions offer the highest thrill because of the adrenaline rush you get when you win an item for 90 off of its true retail value but if you intend to participate in penny auctions there are a few rules you need to follow to make sure your budget does not get blown in just a few seconds 1 choose items you bid on carefully while it can be fun to simply bid on any item that is close to reaching zero on the countdown do not spend bid packages on something you did not actually want to purchase to begin with this is simply a waste of money especially since when you win you will have no motivation to use the buy it now option and you will have lost all of the money you just spent on bids if you are new to the penny auction world start small for example with gift cards then work your way up to the ipads and big screens 2 do not bid on items that already have multiple bidders involved remember that only one person is the winner when a lot of bidders are involved your chances of winning decrease choose auctions that have only one or two participants to increase your chances of winning 3 do not bid until the timer gets below the ten second mark your main goal is to win the auction using as little money as possible remember that each bid you place costs you money and you will still have to spend money on the purchase price of the item if you win 4 buy plenty of bids if you plan to get into a bidding war with someone make sure you have plenty of bids purchased you do not want to run out of bids at a crucial moment and lose the whole auction simply because you did not want to front the money for a larger bid package 5 be patient watch and study before you get excited about bidding take some time to observe your penny auction website of choice is there a time when activity decreases if so this might be the prime bidding time likewise watch other bidders that are more experienced than you learn the tricks and discover their secrets then apply them to your own bidding methods 6 use the tools that are available does your penny auction website offer an automated bidding tool if so take full advantage of it a computer program can initiate a command much faster than you can click the button of a mouse if the tool is available take full advantage of it related posts no related posts posted in uncategorized tagged penny auction tips quibids promo code quibids tips leave a comment to penny auction or not to penny auction that is the question posted on january 22 2011 by admin penny auctions are so darn tempting that it is hard not to want to participate in them i am sure you know what i am talking about if not i am talking about those auction sites that advertise popular products for way below retail price such low prices for cell phones laptops televisions and gaming systems are so incredible that it is almost unbelievable and to be honest they sort of are unbelievable if you donâ t know what youâ re doing when it comes to participating in penny auctions i will be honest too penny auctions are not for everyone so how do you know if you are the type of person that can benefit from penny auctions well to begin you cannot be afraid to lose money so if you are on a tight budget and cannot afford to lose any money whatsoever then you probably should not take the chance on a penny auction website however if you have enough money put aside to pay for the full retail price of the item you are interested in purchasing then participating on a penny auction website is not a big deal most penny auctions come with a â buy it nowâ feature which is a huge advantage for those bidders who lose the auction so letâ s say you spent 50 worth of bids on an ipad2 and you lost the auction at the last minute at first you are probably quite frustrated because you thought you were going to win and someone swooped in at the last minute stole your prize and you just lost 50 and have nothing to show for it this is where you would be wrong you still have the buy it now option so if you have allocated enough funds to purchase the ipad as if you were simply going to the store to pay full retail price you can use the buy it now feature and only pay the full price less the amount of money you spent on bids in the end you had a little fun maybe got a little irritated but you still got your ipad and did not lose any money now if you lose a penny auction and do not have the money to pay full price for the item i am sure you can see how frustrating that can be so if you are already in a bad financial situation do not make it worse by risking your money in a penny auction nonetheless if you plan to purchase the product anyway what harm will using a penny auction website do you may just win and get the product you have been wanting for 70 or more off of full retail value now that is what i call a deal just make sure you do not start participating in penny auctions and immediately expect to win on your first try it takes awhile to learn the auction format and to determine good strategies to beat out the other bidders to get some practice you can try bidding on low key auctions such as gift cards instead of going for the big items right away if you have the time and the money penny auctions can be a lot of fun just make sure you do not get too carried away trust me the excitement and adrenaline they provide is quite addicting related posts zbiddy penny auctions 8211 my favorite penny auction site to use how to win a penny auction grabswag scam 8211 is grabswag just a giant scam quibids strategy â how to stay on top of your bidding game what to look for in penny auction reviews posted in uncategorized tagged penny auction penny auction scam penny auction sites penny auctions quibids leave a comment how to win a penny auction posted on october 16 2010 by admin all of the items offered on penny auction websites are so tempting who would not want to get an ipad for 100 or a flat screen television for 50 although there are so many great deals waiting for you on these penny auction sites sometimes you might feel as if someone else is always faster and better at winning them after bidding on an item for a long time it finally comes down to the last few seconds and you think youâ re going to win at the last second someone swoops in and takes your winning spotlight if this always happens to you maybe itâ s time to take a different approach the key to these auctions is to be prepared and to be smarter than your competition before even thinking about placing a bid on a penny auction item you need to make some preparations first it all begins with signing up for the penny auction website of your choosing whether you want to use quibids beezid or some other penny auction website it doesnâ t matter however whatever you do make sure you choose your username appropriately make it something aggressive or intimidating do not choose something like â iluvrainbowsâ or â butterflykissesâ these usernames make you sound like an easy competitor instead choose something that will scare off the competition like â unlimitedbidsformeâ â ialwayswinâ or â ineverquitbiddingâ whatever you do make sure your competition will see your username and know that you mean business and it should convey that youâ ll do anything to win the auction no matter what this will discourage bidders from competing against you your next step should be to purchase all the bids you think you may need before you start participating in an auction you will never want to have to quit bidding close to the end of the auction because you ran out of bids this is a sure fire way to lose the timer could run out while you are busy typing in your credit card number or waiting for the page to refresh after purchasing more bids this is a distraction and will only lead to the loss of your bidding war you also need to think carefully about the item you choose to bid on watch it for a little while before you start to bid on it look to see how many bidders are in the game if there are too many choose a different auction but if you notice only one or two bidders on a single item then that is your signal to join the bidding competition the fewer players that are in the game the higher your odds of winning are likewise you should only focus on a single auction and stick with it if you try to win at multiple auctions at once you will likely be disappointed with the outcome stay focused on one prize so you can be sure to win it now if you are always losing at the last second because you internet connection is too slow and the page simply will not submit quickly enough perhaps it is time to call your internet service provider and request a faster connection speed with a connection speed that is too slow you will continually be outbid by the person with a faster connection once youâ ve completed all these steps youâ re ready to start winning and participating in penny auctions related posts zbiddy penny auctions 8211 my favorite penny auction site to use to penny auction or not to penny auction that is the question grabswag scam 8211 is grabswag just a giant scam quibids strategy â how to stay on top of your bidding game what to look for in penny auction reviews posted in uncategorized tagged penny auction penny auctions quibids win a penny auction leave a comment search for follow quibidscam recent posts zbiddy penny auctions 8211 my favorite penny auction site to use grabswag scam 8211 is grabswag just a giant scam quibids strategy â how to stay on top of your bidding game what to look for in penny auction reviews how to avoid penny auction scams read this to avoid problems recent comments tommy d on enjoy online auctions read this review on quibids moorthy raman on quibids strategy â how to stay on top of your bidding game giochidd on quibids strategy â how to stay on top of your bidding game archives august 2011 june 2011 may 2011 january 2011 october 2010 categories uncategorized meta log in entries rss comments rss wordpress org quibids scam proudly powered by wordpress