Editor’s CentBids Review
CentBids is a really interesting penny auction site, as soon as you land on the homepage you can see all the live auctions and it’s like a carnival with so many colors and action. They have a great layout and we found it easy to navigate and begin bidding right away, once you set up an account you get 3 free bids so you can as well.
There were two main ways to use the website, you can either:
- See All Auctions – You can see all the live and upcoming auctions for all products
- See All Products – You can see all the products they usually have for sale and some additional data such as the average price it sells for, the additional details on the products and a countdown timer for when the product is in an auction.
Bidding Experience on CentBids
You have to stay on top of your auctions as there are not auto bidding features, and you might miss out and lose the auction if you’re not paying attention and miss a bid. Every time someone bids it extends the auction by 10 seconds, so its kind of best to start bidding once the counter is down to 10 or fewer seconds. That’s usually when all the action is happening, and after looking at a few different auctions I did notice that people tend to wait until around 3 – 4 seconds to place another bid.
If you stay inside of the product details (the page for the product your bidding on) you can see who is actually bidding, this tip is great for competitive research because they show you the 5 previous bids. Keep your eye on the bidder’s nicknames and you will see who you are competing against and be able to make a strategy to beat them. Good news is if your strategy doesn’t work and you have not won an auction and you just spent all your bids. When you decided to purchase more you will get back all of the bids you used on top of the ones you just bought.
CentBids Auction Categories
- Computers & Laptops
- Home & Garden
- Smartphones & Tablets
- Vouchers & Gift Cards
- Game Consoles
- Hifi & Audio
- Photo & Video Cameras
- TV & Home Theaters
CentBids Shipping and Fees
This is really straightforward with CentBids, they always ship for free and there is no additional cost outside of the auction price.
Privacy & Security
They are really into privacy, stating that they do not store any information about their users besides the nickname and when bids are purchase. They follow a “Zero Data – Delete All” practice, also they don’t send marketing emails.
Here are some of the most commonly asked questions about the auction website, CentBids.com.