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Top 5 Tips to Winning Penny Auctions

First thing you should look for is a rookie auction these auction normally have a icon on them. This means it’s a beginner auction and it limited to new members only. Take this chance to grab your first victory while everyone else is distracted by the other auctions. These often end at really low prices and give you more bids to play with.

Second thing, keep it simple. Don’t go for that computer just yet! Often many users will go right for the big ticket items leaving the smaller prizes easy targets. Try for more $25 Gift Card / $25 Bid Packs these not only give you prizes but more bids to work with. This is also often the cheapest way to get more bids.

Thrid winning tip, wait until the last second to bid. Bids at the last second add more time to the auction but it is in those last seconds that you find out who your competition is. No one wins a auction with one bid placed an hour ago. You need to be ready to defend your bids when the time is up.

Fourth tip, pick the right time. These auctions go all day and all night long. If you have the chance try to bid on items during off hours when people are asleep or at work. The less bidders there are the better your chance of winning.

The final tip is to wait the other bidders out. No one has unlimited bids, if you run out of bids during a bidding war you wont have time to get more before the auction ends. If you see two or more other members in a bidding war just wait them out because sooner or later they will slowly drop out from using all of their bids. This is when you can jump in and take the prize.