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.

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.

BidRay is now DealDash: Since 2010

I get this a lot. Did Bidray.com closed? People who started at the peak of the penny auction scene and drifted off to ther things might be surprised to find out that the Penny bidding site they use to frequent is now gone. Well, not really. Unlike Bidazzled.com which totally disappeared into oblivion. Bidray.com actually morphed into DealDash.com

Yes and it happend two freakin years ago! WTF!? Bidray.com is now DealDash.com is old news! The rules have also changed as DealDash now has a buy-it-now feature in their penny auctions and an auction win limit to 2 items per calendar day, per user. In other words, PRObidders can only win twice in one day and not kill the fun for the penny auction newbies.

Bid Auction Site: QuiBids.com

QuiBids.com

PROs:

• You can use your money that you spend on bids toward purchasing the item if you lose the auction using the “Buy It Now” option.
• Bid Packs available in quantities of 45, 75 and 300; prices range from $27 to $180.
• The automated Bid-O-Matic will place bids within the last 15 seconds of an auction.
• Gives you a whopping 25 free bids for every person that you refer to the site.

CONs:

• Members are only allowed to win 8 auctions in a 28-day period.
• Bidders cannot win more than one of the same types of item if it is valued to be over $285. For example, if you do win an Xbox 360 Elite which is valued at $299, you cannot get a prize in the period of 28 days.

Penny Auction Sites: A Comprehensive Review

Online Penny Auction Sites, also known as “entertainment auctions,” and “entertainment shopping sites,” are becoming more and more popular nowadays owing to their ability to offer great bargains.  In fact, there are already numerous online penny auction sites in the internet today.

Before trying to bid on a specific item on a website, it is extremely important to do a little background check, as well as the pros and cons of the specific penny auction site. Some of the Penny Auction sites available in the Internet nowadays are discussed in this article.  Our blog will give you the hint on the strengths and the weaknesses of each website before you indulge yourself in the game.

Ziinga is NOT a SCAM

Ziinga is not a scam, it is as legit as any penny auction site out there. So is Quibids.com and BidCactus.com.

So why are people crying foul?
Besides the sour losers who spent a fortune and didn't win anything from their auctions, there are also SPAMMERs who have nothing better to do but give penny auction sites a bad name. They are hired to ruin every reputable Penny Auction site out there by plastering SCAM all over the internet. Who hired them? Companies who are nothing but jealous of the success of Penny Auctions. Big Companies like eBay.com and Amazon.com come to mind. Why the hell would they bother to do that? Plain and simple... to drive traffic away from Penny Auction sites and have online shoppers flock back to their sites.

You don't believe me?

Try 'Googling' any Penny Auction site that ever existed in the Internet and the first thing you'll see is the word SCAM along with the site's name. How is that even possible? I don't think all Penny Auction sites are SCAMs, some companies are just out for blood over their profit losses.

If you don't like Penny Auctions in general and you really do believe they are out to SCAM you then don't sign up for an account. But mind you, there are people like me who do enjoy penny auctions. I've won a few prizes, nothing big, but that's not the point is it, just take everything at face value and just enjoy penny auctions for what they are.

Penny Auction Fridays

Hey yo good morning! Guess what? You made it to Friday, and the weekend is basically already here.

It's mad gaming Friday and I made it out alive of the slushpile at work. Now what should I do tonight? Of course, there's the clubs and the parties and all that. Then there's Halo at home, the penny auctions to beat online at Ziinga and that 'Walking Dead' marathon waiting for me on my TiVo. Glad to have no girlfriend! No one mouthing off, no one telling me to stop with my bids and no one nagging me to kill my game. But that's life yo! You deal with the cards you're given... and right now, the Gods of war are smiling down on me and giving me online swag :)



Oh yeah, I got all my gear at these penny bids sites- bidcactus, ziinga.com and quibids.com