Penny Auction FAQs

Penny Auction FAQs 2014-09-26T10:07:13+00:00

Have Questions? Submit yours today and we’ll answer it in our FAQ section.

We’ve included a list of common questions about penny auctions and penny auction bidding.

Penny Auctions (6)

Are penny auctions scams?

The question about whether or not penny auctions are scams is one of the most commonly asked questions about penny auctions that we’ve ever heard. In our opinion, penny auctions are NOT spams, just by being penny auctions. That is, some may be scams but the auction format is clear and fair and participation is … Continue reading

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Where do penny auctions get their merchandise from?

Penny auctions typically get their merchandise from the same places that most other retailers do. Penny auctions are able to sell merchandise at lower prices because they make their money on bid sales.

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How do penny auctions make money?

Penny auctions make their money by selling bid and bid packages. While they lose money on each auction, a successful penny auction makes it back plus some on the bid packages sales.

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How to win penny auctions?

Winning penny auctions takes a bit of strategy. As a new bidder it’s really important to do some homework before jumping into penny actions and having a bad experience. Some quick penny auction tips to consider as a new bidder: Bid conservatively until you have some experience Bid on small penny auction items, even though … Continue reading

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How do penny auctions work?

Understanding how penny auctions work is pretty simple. Penny auctions are an online auction format where users have to pay to participate in auctions. This typically means that penny auction participants need to purchase ‘bid packages’, each of which contains several bids which can be placed on auctions. In general, these are non-refundable, although there … Continue reading

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Where do I find the time when the auction is actually ending?

This is a great question. Like many other traditional auctions, a penny auction does not an official end time. Rather, the first time that the clock approaches 0:00 is actually technically called the beginning. Each time a bid is placed, more time is added to the clock. So, as long as there are still active … Continue reading

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Quibids FAQs (8)

What is Quibids’ buy now feature all about?

Quibids is a penny auction site which offers Buy Now, a feature which allows penny auction losers to apply the value of the bids they lost to the purchase price of an auctions. Here’s how it works- Let’s say you use 300 bids (worth $180) while bidding on an iPad. Even worse, let’s say that … Continue reading

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Are Quibids products brand new?

Yes, according to their help documentation and our bidding experiences, Quibids only auctions brand new, factory-sealed auction items.

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How much do Quibids bids cost?

Quibids bids are $0.60 each, almost always. Quibids is the only penny auction website that we know of which sticks very firmly to their bid prices. We rarely see any sort of discount on Quibids bids. In fact, the only way to really save on bids is to win them in auction or to get … Continue reading

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Does Quibids offer auto-bidding?

Auto-bidding on Quibids Yes, Bid-O-Matic is the name of Quibids auto bidding software. Bid-O-Matic is started when a user sets a ‘bid from price’ (the price at which it will turn on) and the number of bids to be placed. When it bids: During the final 20 seconds (although you can’t control exactly when) How … Continue reading

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How does Quibids’ Buy It feature work?

Quibids offers Buy It penny auctions where auction losers can apply the value of lost bids on any auctions towards purchasing the product for retail value.

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Quibids Bidding Tips

Every new bidder should consider these tips when bidding on Quibids auctions: Quibids Tip 1: Watch several auctions before you start to bid Quibids Tip 2: Review the “Statistics” tab on your items before entering in an auction. These are loaded with useful information including average closing price, average number of bids to win, etc. … Continue reading

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Sites Like Quibids?

Which penny auction websites are most like Quibids? Quibids Competition There is only one penny auction which rivals Quibids in terms of bidding competition and that’s DealDash. DealDash and Quibids are currently the largest (by far) in terms of active auctions and active users. Sites with Similar Products as Quibids HappyBidDay, OrangeBidz, and DealDash all … Continue reading

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How Does the Quibids Store Work?

The Quibids store is Quibids’ attempt to become a typical “ecommerce” website. The Quibids store works just like any other online ecommerce website with just one exception- When you purchase something from the Quibids store, you get ‘Voucher bids’ which can be used in Quibids penny auctions. In our review of the Quibids store, we … Continue reading

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HappyBidDay FAQs (7)

Does HappyBidDay offer a buy it feature?

Yes, HappyBidDay.com offers Buy It on almost every auction. HappyBidDay’s Buy It works like this- Let’s say you spend 300 bids on any given TV auction and lose. If you choose to the buy the TV at their listed price, HappyBidDay gives back 100% of the bids which you used on the auctions. This is … Continue reading

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What are Happy Auctions?

HappyBidDay offers Happy Auctions, a free-to-participate auction type. Basically, they give you tons of ‘Happy’ bids (free) which allow to to participate in their free auctions. In general, they only auction lower-end products and bid packages in these auctions but the winner only has to pay the final closing price. HappyBidDay recommends that you use … Continue reading

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How do I get free bids at HappyBidDay?

HappyBidDay offers a number of different ways to get free bids. First, they give you a bunch of Happy Bids (50) when you sign-up. They also give you a pretty heavy discount on your first bid package if you use coupon code HAPPYFREE. Others ways to get free bids on Happy Bid Day We follow … Continue reading

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Does HappyBidDay offer auto-bidding?

Auto-bidding on HappyBidDay BidRunner is the name of HappyBidDay’s auto-bid tool. BidRunner starts when a user enters in a ‘bid from’ (the price at which it will turn on) amount, a ‘bid to’ (the price at which it will turn off) amount and the total number of bids to be spent. When it bids: Randomly … Continue reading

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How does HappyBidDay.com’s Buy It feature work?

HappyBidday offers Buy It auctions where auction losers can get all their lost bids (for a given auction) replenished if they choose to pay for the item at retail value.

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Where can I find HappyBidDay Reviews?

First, there is a slideshare presentation of this HappyBidDay Review here: HappyBidDay Reviews from BestPennyAuctionSites Next, there is a Youtube Video review of happybidday available as well:

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What are Happybidday Reserve Auctions?

Happy Bid Day now offers a new kind of auction, reserve auctions. Beezid.com has done something similar in the past so we wanted to take a close look at what these new auctions mean for HappyBidDay bidders. First, here are the bullet points on Happybidday.com’s Reserve Auctions: Auction requires that a hidden reserve be met … Continue reading

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Zbiddy FAQs (4)

What are some tips for bidding on Zbiddy?

Zbiddy provides a number of great tips for beginners. Some of the best are: Be patient and watch each auction and pay attention to bidder behavior (we actually recommend this for all penny auctions!) Keep an eye out for the number of bids you have left. It’s never good to run out as an auction … Continue reading

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Zbiddy free bids?

As with any penny auction, bidders always want to know how to get free bids on Zbiddy. Here are a few ways we know of: Sign-up and get a free bids with your 1st bid package puchase Once your a member, follow them on facebook for different promotions Refer a friend and get free bids … Continue reading

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Does Zbiddy offer auto-bid software?

Auto-bidding on Zbiddy EZ-Buddy is the name of Zbiddy’s bidding tool. Simply set a start and stop price range and the number of bids to place and EZ-Buddy takes care of the rest. When it bids: Either randomly or it can wait for 10 seconds on the clock How many bids can it place per … Continue reading

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How does Zbiddy’s Buy It feature work?

Zbiddy offers Buy It Now penny auctions where auction losers can apply the value of lost bids on any auctions towards purchasing the product for the stated retail value.

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Beezid FAQs (2)

Does Beezid offer auto-bidding software?

Auto-bidding on Beezid AutoBeezid is the name of one of Beezid.com’s automated bidding tools. Like HappybidDay, AutoBeezid is started when a user enters in a ‘bid from’ (the price at which it will turn on) amount, a ‘bid to’ (the price at which it will turn off) amount and the total number of bids to … Continue reading

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How does Beezid’s Buy It feature work?

Beezid.com’s Buy It penny auctions allow penny auction losers to apply the value of lost bids on any auctions towards the purchase of the product for retail value.

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DealDash FAQs (4)

Does Deal dash offer auto-bid software?

Auto-bidding on DealDash BidBuddy is the name of DealDash’s auto-bidding tool. On DealDash, BidBuddy is initiated by entering the number of bids and hitting ‘start’ (no start and stop points are needed). The tool will then place bids for you in the final few seconds of the auction. When it bids: During the last few … Continue reading

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How does DealDash’s Buy It feature work?

DealDash has Buy It auctions where auction losers can get all their lost bids (for a given auction) replenished if they pay for the item at retail value.

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Sites Like Dealdash?

We often get asked the question, “Which penny auctions sites are like DealDash?”. Our answer, Quibids! Why DealDash is Similar to Quibids Quibids offers an extremely high volume of penny auctions daily like DealDash. Quibids is considered as “safe” as DealDash in that shipping is cheap/free, most auctions are ‘buy it’ and their reputation is … Continue reading

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DealDash Free Bids

Let’s face it. DealDash is the monster penny auction that we all suspect it is. There’s a million things that we love about DealDash (free shipping, no jumper auctions, tons of product, etc.) but there’s also something we don’t! How do you Get Free Bids for DealDash? On sign-up DealDash rarely hooks new bidders up … Continue reading

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BidCactus FAQs (2)

Does BidCactus offer auto-bidding?

Auto-bidding on BidCactus AutoBidder is the aptly-named auto bidding tool used on Bidcactus.com. AutoBidder can be set simply by determining the number of bids you want it to place for you. When it bids: You set the bidding time How many bids can it place per campaign: 999 total bids at a time (across all … Continue reading

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How does BidCactus’s Buy It feature work?

BidCactus offers Buy It auctions where any auction loser can apply the value of lost bids (on that auction) towards purchasing the product for retail value.

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OrangeBidz FAQs (4)

OrangeBidz.com Free Bids?

OrangeBidz.com is stingy with free bids, just like Quibids is. Currently, you can get 2 free bids for signing-up at OrangeBidz but there are no coupon codes.

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How does OrangeBidz.com’s Buy It feature work?

OrangeBidz.com offers Buy It auctions where auction losers can get all their lost bids (for a given auction) replenished if they choose to pay for the item at retail value. Since shipping is free, this feature makes auction bidding a much lower-risk proposition.

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Does OrangeBidz offer auto-bidding software?

AutoBidder is the name of OrangeBidz’s approved auto-bidding tool. AutoBidder is built into the website works like this: Set the range that you wish autobidder to bid for you Set max bids amount you want to use When you buy new bids, autobidder must be refreshed.

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How do I search for an auction for a particular item on OrangeBidz?

OrangeBidz does not have a great search utility. The only way to really find auctions is to scroll through the upcoming auctions.

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Bidz.com FAQs (3)

Is Bidz.com a penny auction?

Bidz.com is not a penny auction. While Bidz.com promotes huge savings similar to that of penny auctions, bidders are not required to pay for bids on this auction website. The end user only pays the final auction closing price plus an shipping costs (if there are any on that particular item).

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How much do bids cost on Bidz.com?

Bids do not cost anything on Bidz.com. Bidz is not a penny auction or pay-per-bid auction.

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How much is shipping on Bidz?

Bidz.com often offers free shipping on items over $59. Each auction page has shipping details on the auction page. Click the link and a pop-up window will display any shipping charges that apply.

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Madbid FAQs (4)

What are Madbid Credits?

Credits are the term which Madbid uses to describe what other penny auction websites call “Bids”. Each credit allows you to bid on an auction.

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Does Madbid.com offer auto-bidding software?

Yes, Madbid has an auto-bidding feature like many other penny auctions. The bidder determines the parameters for bidding and the software takes care of the rest.

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What are Auto Top-Up Credits?

MadBid has a somewhat dangerous feature, lol, where they will automatically add credits to your account (and bill your CC on file for it) when you deplete them. It’s a bit of a double-edged sword but we can see how it’s easy to spend a lot of money on this site with this feature.

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Where Does Madbid Operate and Ship To?

At the time of this post, Madbid is operating in and ships to the USA, United Kingdom (excluding the Channel Islands), the Republic of Ireland, Germany, Spain, Italy, France, Turkey, Canada (excluding the province of Alberta), Poland, The Netherlands and Australia.

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