Penny auction strategies. Practically “cheat” at penny auctions!
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are you ready to learn how to practically cheat at penny auctions? do you want to learn the exact methods i’ve used to win thousands of dollars in items for 90% or more off the retail price?
strategy on how to practically cheat your way into winning at penny auctions " for those of you that don’t know the basics of penny auctions, let me show you exactly how the process works.
a penny auction or entertainment auction allows users to purchase bids in order to participate in the auctioning of an item. It involves a timer that is a critical component of the whole bidding system. As the timer counts down towards zero, it is reset to a certain amount of time whenever a bid is placed. This time is generally 10, 20, or 30 seconds.
the penny auction name depicts the currency amount for each bid; every bid placed raises the sale amount of the item by one penny. If you purchase the bids, they generally cost less – $0.60, $1, etc.
step 1: the user purchases bids through the penny auction site. Step 2: the user chooses an auction to target. At a set time, the clock starts ticking and the bidding begins. (most auctions start at just 1 cent )
step 3: the bidding begins and things start to get heated. Users battle back and forth to try and win the auction. Most of the bidding occurs within the last few minutes. On most sites, bids placed in the final minute add time to the clock.
step 4: when the clock expires, the highest bidder left standing …read more detail
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