Saturday 5 November 2011

Tips and Tricks for Penny Auctions


Since penny auctions are new so there is fair game play with less competition it them so far. However there are ways to win most of the auctions even the fair way if one knows how to do that. Before discussing that we should be clear what these auctions are and how they operate.
Penny Auctions are done over the internet at few websites only who sell bidding packages to users. The purchasers of these packages have eligibility to bid on the products which are open for auction. When they place their bid it increase one cent in the price of product and its auction closing time gets 10 seconds more. The one who is the last bidder when the time ends up becomes the purchaser.
Tricks for Winning Penny Auctions
The best trick for winning most of the times is to select a single product and bid on it every time its closing time nears to zero. After wasting few bids you will find yourself as the lucky purchaser because no one will be left to bid in competition with you and the time will go to zero eventually. Finally you can find yourself purchasing an expensive product for only few dollars and with the effort of few bids along with that.

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