Join the Penny Auction Forum!

Join the Penny Auction Forum!

Are you a member of our penny auction forum yet? If not you need to register! Just a Few Benefits… [more]

Who is Behind SwipeBids.com?

Who is Behind SwipeBids.com?

Update: 5-6-2010, 10:33 EST  We just checked the server stats, thanks to a commentator, the server does… [more]

Requesting an Explanation

Requesting an Explanation

If you've visited this site before you probably remember us telling you about penny auctions that might… [more]

Penny Auction Bidding: Let’s Set the Record Straight

Penny Auction Bidding: Let’s Set the Record Straight

Not all penny auction sites are scams.

Will We See a Spike in Auction Fraud with Penny Auctions?

Will We See a Spike in Auction Fraud with Penny Auctions?

In the IC3's Annual Report for 2008,  Internet auction fraud accounted for 25.5 percent of all 275,284… [more]

What is a Penny Auction?

What is a Penny Auction?

Just what is a penny auction? A penny auction is an auction where bidders pay-per-bid for an item… [more]

Just yesterday a forum member by the name of “pintos” joined our forum and posted a positive review  to the thread about Gongbid.com, a UK based penny auction site:

“Yesterday, 12:53 PM
pintos pintos is offline
Junior Member

Join Date: Sep 2010
Posts: 1
Thumbs up play and still play there
Great site with quick support “

Last week our forum member Sodaman posted the following comments to the thread:

“Anyone else have any experience with this site? They have been open for 7 months. The cash payout are within hours and emails are prompt. I noticed the site makes money on almost every auction ran. Especially the $25 auction. The 6 auctions I’ve won on the sale price is between 2.5x-5x retail. Minimum loss and no risk to the site owner. What’s there secret?

Then, a day later posted:

“A day after this post one $25 auction sold for 9 cents. I think there are reading PAW. Go read! Where were these great deals in the past 6 months? I forgot to mention there are no wins limits here.”

Candy replied to Pintos’ post:

“Well Sodaman, I have played there, but no longer. In fact, I closed my account today. I suspect shill bidding & also their system will log you out during an auction. You don’t have time to log back in because the auction is won by that last bidder. Coincidence?

I also noticed this is Pinto’s first and only post??? I wondered if Pinto was a shill bidder? hmmmmm You will find yourself chanting during auctions: “The shills are coming! The shills are coming!” It is a shame too! They can make a profit without this funny business & could be a very popular & profitable PA.”at co

Well, we sent an e-mail to Gongbid and found that their IP address is the same as Pintos‘ IP address and sure enough, Pintos has won numerous auctions on Gongbid, one against PAW forum member Sodaman.

We checked out the e-mail address on file for Pintos and it has the SAME last name as the domain registrant. GongBid.com says that owners and employees cannot bid!?
Auctions with Pinto the winner:

What could be going on here?

Continue Reading 0 comments Hall of Shame, UK Penny Auctions

You’re Invited to Be a Guest Blogger!

September 1, 2010
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Some rights reserved by Kristina B

Maybe you’re a penny auction bidder and you can’t get enough, or maybe you’ve spent a lot of money and walked away empty handed. While anyone can join our forum and post comments we’d like to invite you to post your penny auction story here to the frontpage of [...]

Get 60 Free Bids to SkoreIt – Promo Codes!

August 31, 2010
skoreit

Update: We heard about this today, but didn’t know one of our forum members had posted this yesterday, though we’d like to be everywhere and read everything that is posted, unfortunately this not always possible, so with that said- we’d like to thank user Dpogig30 for posting about this deal.
A user posted a question to [...]

Is BiditQuick.com Legit?

August 31, 2010
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With over 15 active auctions ending right now, with an average retail price of nearly $1200, BiditQuick.com (also MyQuickBid.com) states that they are the “#1 Penny Auction Site,”  It’s clearly of their opinion that they are the “#1 penny auction site.” On each active auction the timers are basically in sync, what could this mean?

They [...]

Some Penny Auction Bidders Are Bullies!

August 30, 2010
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Lewd and malicious remarks and implied threats are being sent out by some less-than-ethical penny auction bidders.
If you’re a regular reader or forum member [join!], you probably know just how much we dislike dishonest penny auction site operators and just how many that are out there. Yes, there are so many more that we don’t [...]

25 Free Bids to YooBeeDoo UK!

August 29, 2010
yoobeedoo

YooBeeDoo.co.uk, the world’s first bid-block penny auction, is giving out 25 free bids for UK bidders to try them out. To obtain the 0.25 bid-credits, which will give you 25 free bids to bid on “Have a play” auctions, all you have to do is register and put the code ca6c in the promo box. [...]

BigDeal Gets a Makeover, Adds Stylish Items!

August 28, 2010

Have you bid on BigDeal? We like that BigDeal allows users to apply bids spent to purchase the item, letting users bid until they’ve paid for the item and not walk away empty handed. Just a few weeks ago we met with the BigDeal team in San Francisco.

BigDeal has just recently re-designed their site [...]

New Penny Auction IGotThisCheap Gives Back!

August 26, 2010

IGotThisCheap.com is a new penny auction that launched last month.  Their items include gift cards, electronics, and other household items. Dedicated to giving back to the community, IGotThisCheap donates 10% of proceeds to Angel Food Ministries, which provides food to families in need of assistance, they also send care packages to men & women in the [...]

SpeedyBuys.com Another $150 Charge Penny Auction

August 24, 2010
speedybuys

Seemingly following in the footsteps of SwipeBids and JumboCloseouts, Speedybuys.com is the newest penny auction that uses marketing “call-to-action” phrases to get users to sign up in a haste, enter their credit card information & purchase an initial $150 bid pack purchase.

In fact, the site is so much like JumboCloseouts that they failed to remove [...]

BidFather to Give Away 1000 Bids Today!

August 21, 2010
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Penny auction BidFather is giving away a total of 1,000 bids today to their members. If they see you bidding and your username is selected, you will receive up to 100 free bids. The top winners will be listed on the promotions page as the prizes are awarded, they will be awarded in 5, 10, [...]

You Know You’re a Penny Auction Bidder If…

August 21, 2010
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“You know you’re a penny auction bidder if you learned to hate people you don’t even know” -letsplay

We really enjoyed the recent “life of a bidder” thread in the funny index of our forum that was started up by “letsplay” so this got us to thinking, let’s continue the fun and start The Official You [...]

MyLuckyBids’ Pleas of Desperation When Shill Bot Script Breaks!

August 20, 2010
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How the newest member of the PAW Hall of Shame got there: MyLuckyBids.net/.com
Remember a few months ago we wrote about penny auction site MyLuckyBids.com/.net and pointed out that the script they were using, PHPPennyAuction script allowed for bot bidders?” Apparently they’re a bit biased towards their own site and claim that they are the “safest [...]

Moloyo to Launch Soon Exclusively to PAW Members

August 20, 2010
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Next month, startup Moloyo will be opening it’s doors to the public.
One of our forum members, Rob, recently gave us the opportunity to browse around and test drive his new site. Developed over the past eight months, Moloyo is completely original (two thumbs up for creative design) and will provide a never-seen-before user experience.
Rob didn’t want [...]

What Was Your First Impression?

August 19, 2010
penny auctions wow

When you first found penny auctions what was going on in your head? Obviously you were curious, maybe that ad you found for a hot gadget for pennies was what reeled you in, or maybe it was an advertorial in the form of a “consumer tips website,” (questionable form of marketing, in our opinion), maybe [...]

Bidsauce Launches First Mobile Bidding App

August 18, 2010
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Today, penny auction Bidsauce.com launched their mobile bidding app for the Android. “The new application can be downloaded from the Android mobile app marketplace by searching for “Bidsauce.” Once installed on an Android phone the app allows the user to view all of the current live auctions. Once an auction is selected the user can [...]

SitnBid.com a New Seat Penny Auction

August 17, 2010
sitnbid penny auction

We recently interviewed the founder of the new seat auction site SitnBid.com to learn more about their ‘tournament style’ penny auction and what got them started.
What do you think about seat auctions, have you tried SitnBid? Discuss this in our penny auction forum!
Penny Auction Watch: What got you interested in the entertainment shopping industry?
SitnBid: We [...]

AOL’s WalletPop.com on Scam Penny Auctions!

August 16, 2010
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We were recently interviewed by WalletPop.com’s WebWatcher/Consumer Ally, Beau Brendler for his story on penny auctions and we’re grateful to see his great article creating awareness!  He wrote on the shill bidding and how easy it is to get into this industry to rip people off, what we’ve been warning you about for over a [...]

Bidders Committing Fraud on Penny Auctions

August 15, 2010
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Unfortunately, not only do we have to watch for penny auction sites committing fraud (shill bidding, bots, not shipping, etc.), we also have to be on the look out for dishonest bidders that are bidding in teams and colluding by telling bidders to not bid against them out of “respect,” this is indeed coconspiring to win [...]

PayPal Suspending Penny Auctions Selling Stored Value Gift Cards

August 15, 2010
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Penny auction sites selling Visa gift cards and the like without pre-approval are acting in violation of PayPal’s Acceptable Use Policy.
Just recently, penny auction site BidCentsible.com had their PayPal account suspended due to selling Visa gift cards, here’s the message that PayPal sent them:
“A periodic review of your account shows that you are offering [...]

The “#1 Surplus Auction Website,” Really?

August 14, 2010
surplus

Is penny auction site SwipeBids.com really the “#1 Surplus Auction Website?” Take a look at this SwipeBids landing page that shows photos of warehouses of “overstock + warehouse surplus,” then right between these images watch the video, from the video: “Police auctions are now going way beyond cars, big bargains backed by cops are now just [...]

Alleged Shill Reviews & Possibly Bidding Ebid4Cash.com/EbidShopper.com

August 12, 2010
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In the UK penny auction section of the Penny Auction Watch Forum we found this comment by user megule,
megule  Junior Member  Join Date: Jun 2010 Posts: 2

“Hay ya guys.We all know that at the moment there are so many different penny auction websites on the Internet, that’s why sometimes we are confused, because we simply don’t know [...]

Prizes4Pennies.com Penny Auction

August 12, 2010

Have you bid on Prizes4Pennies.com? Just launched on July 26th,  their penny auctions really have been ending for just a few pennies, some with only 1 bid.
We recently interviewed Prizes4Pennies’ owner to learn more:
Penny Auction Watch: What got you interested in the penny auction industry?
Prizes4Pennies: I first heard about penny auctions from an ad I [...]