Sunday, January 20, 2013
NerdWallet's Take on Penny Auctions
So what has Mr. NerdWallet has to say about Penny Auctions? Ain't it kinda too late in the game to make this assessment on penny auction sites? But we do need our nerd fix even if its about risking bidding and saving face. So head on to his site to read more about the wild west of penny auctions.
Tuesday, January 8, 2013
Patience Rules in Winning Penny Auctions
Mom won't get you you're very own iPad? Can't afford one even with your day job? Then try your hand at Penny Auctions and WIN one for a fraction of the retail cost.
As a general rule, to win at any of the online penny auctions, you must be the one with the lowest and last to bid at the end of the auction. Time based auctions have a set clock for when the auction ends regardless how many bidders there are. But grabbing a bargain isn't that easy as it sounds, you have to bid your way or outbid other players. Like any game, penny auctions requires a lot of patience and strategy.
As a general rule, to win at any of the online penny auctions, you must be the one with the lowest and last to bid at the end of the auction. Time based auctions have a set clock for when the auction ends regardless how many bidders there are. But grabbing a bargain isn't that easy as it sounds, you have to bid your way or outbid other players. Like any game, penny auctions requires a lot of patience and strategy.
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