Penny Auction FAQs

Penny Auction FAQs 2014-09-26T10:07:13+00:00
Disclosure: We are compensated in some cases for promoting advertisers on this website. To view our review and advertising policy, click here.

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.

HappyBidDay FAQs

Does HappyBidDay offer auto-bidding?

Disclosure: We are compensated in some cases for promoting advertisers on this website. To view our review and advertising policy, click here.

Auto-bidding on HappyBidDay

happybidday-autobidBidRunner 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 during the final few seconds
  • How many bids can it place per campaign: Up to 400 bids
  • How many can be set simultaneously: 1 per auction, 2 at any one time
  • Can it be deactivated? No. Once it’s started, it cannot be stopped
  • Restrictions: New customers cannot set more than 50 bids at a time
  • Try BidRunner

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Where can I find HappyBidDay Reviews?

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First, there is a slideshare presentation of this HappyBidDay Review here:

Next, there is a Youtube Video review of happybidday available as well:

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

Disclosure: We are compensated in some cases for promoting advertisers on this website. To view our review and advertising policy, click here.

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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Does HappyBidDay offer a buy it feature?

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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 a pretty good deal as now you can go and start bidding again on other auctions without having to buy bids again.

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What are Happy Auctions?

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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 Happy Auctions to stock-up on bids for their penny auctions and to win small gift cards and electronics. They are not a bad place to practice either!

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How do I get free bids at HappyBidDay?

Disclosure: We are compensated in some cases for promoting advertisers on this website. To view our review and advertising policy, click here.

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 HappyBidDay on their facebook page and they are always running promos and contests for free bids as well.
  • Many auctions come with free bids if you win (this helps keep you in the game)
  • Referring a friend gets you free bids

Stay tuned to the blog for other ways to get free bids on HappyBidDay.

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What are Happybidday Reserve Auctions?

Disclosure: We are compensated in some cases for promoting advertisers on this website. To view our review and advertising policy, click here.

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 in order for the auction to continue
  • Once the reserve price is met, a notification appears to let bidders know
  • If the reserve is not met, all bids are returned PLUS 10%! That’s right, you get a 10% reward if the auction does not reach its reserve!
  • If the reserve is met, all bidders (winners and losers) get 20% of their bids back.
  • Auction items are typically high end, expensive items

When we first saw reserve auctions, we were concerned but there is real value in these auctions.

reserve-auctions

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