Penny auction is now under new management and will be opening on February 1st.

Penny Auction Watch: What got you interested in the entertainment shopping industry?

At first, it was because of the opportunity  to get items at huge discount prices, when I was a purchaser on penny auction sites.

Penny Auction Watch: How long have you been open? was originally launched in March / 2009 by the previous management. For personal reasons he had to shutdown We completed discussions with the previous owner and we decided to purchase We took full ownership around December 17th / 2009. Our Official launch  date is February 1st / 2010. 13 days to go and the bidding can begin!

Penny Auction Watch: What kind of items do you offer/ have lined up?  Do your auctions run on a schedule?

Right now we have item ranging from $15.00 – $70.00. If things go well after the launch. We will start put items on in the $100-$300 range. If things go really well, we will start putting items on ranging between $100 – $1000. In the beginning we will have auctions running at peak hours.

Penny Auction Watch: What are the timer increments between bids/does this vary by auction?

The script we are running right now has 30 second increases for every bid placed. In the future, when we have completed constructing our new script. The increments will vary per auction.

Penny Auction Watch: How much are your bids?

We presently have the following bid packages set up: 10 bids $10.00 / 30 bids $21.00 / 75 bids $50.00 / 125 bids $75.00, / 300 bids $180.00, / 500 bids $300.00. We will also be running FREE BID auctions for bid packages after we launch February 1st / 2010. The winner of each auction will only pay the auction end price, and all bids will be credited back to all the customers who placed bids on the auction, after the auction ends. In the future , when we have completed our new script. The bids will not be taken from the bidders accounts, and all bids will not have to be credited back to all the customers who have placed bids on the auction. They will all bid for FREE and the winner just pays the auction end price.

Penny Auction Watch: What are your shipping costs? How long does it usually take for users to receive their items?

Our shipping charges range from, free shipping and $5.00 and up. Depending on the supplier and what type of item it is. We have a plan almost ready to implement into the site that will eliminate shipping costs and reduce shipping time to 1 day. I don’t want to expose our idea yet until it’s in place to go public. There will be an announcement made by when we are ready to implement it. We might implement the idea before the new script is ready. Or we might wait until the new script is done before we implement it. We’re not sure yet. As soon as we’re ready to expose it, we will post an announcement everywhere.

Penny Auction Watch: What states/countries are you open to?

Right now is for U.S. bidders only. We were originally planning to open, then, etc. But instead, in the near future we will be possibly be going worldwide. Our plans stated above in the previous question will give the opportunity to go worldwide. We are in the last phase of completing the idea. We just need to determine if all countries will fit the new plan or if some countries need to be restricted to bid on

Penny Auction Watch: What is your policy for bid refunds?

In the event there is an error whether it be system or otherwise, Bidsplay will return all bids at our discretion to your account from the item you were bidding on, however the item won will not be awarded.

Penny Auction Watch: Are they win limits, limits /household?

There are no win limits at this time. We will be sending out a questionnaire and posting a questionnaire before completing the new script to get everyone’s views on, if should have win limits or not.

Penny Auction Watch: Is there a story behind the name/theme? was originally launched in March / 2009 by the previous management. For personal reasons he had to shutdown He had displayed on the website up for sale for 1 day. Then he shut down the website and was going to let die. He had received 2 E-mails from available prospects to buy 1 from me and 1 from a unanimous buyer. He contacted the unanimous buyer first. The unanimous buyer immediately asked if the script had autobidders.

The previous owner of ended the conversation immediately. Because of this he was going to end and let it die.  He didn’t want, as he called it “His life and blood or his child” given to someone who would just ruin the name and possibly his personal name along with it. He received 3 E-mails in total from me and decided to see if I would fit his criteria to take over We had several very long discussions about

The previous owner came to realize that I had the best interests of the brand name and the customers in mind. His comment to me after several long conversations about was “You haven’t once asked me about autobidders”. And I replied “I would never use autobidders on my penny auction site”. I told him, you can’t run a successful penny auction website by scamming people out of there bids. When you are exposed using autobidders. Your brand name and your reputation is ruined forever. I told him, it doesn’t make sense to me why some penny auction owners would want to run autobidders, when you can run a penny auction site keeping the best interest of your customers your brand name in mind, and build your penny auction site into bigger and better things in the future, and maintain a residual income for years to come. Instead of making a short term income and and scamming people out of there bids. With in a few weeks after this, we completed the transfer of   and we now own 100% of

The previous owner of is a good honest, trustworthy person who took care of things professionally. To this day he says he misses his life and blood or his child, As the new owners of We will NEVER EVER  run bot/shill bidders, etc, on We will offer the same service and professional environment as previous management.

Penny Auction Watch: And anything else you’d like to add about

Welcome to

Everyone who purchases their FIRST bid package before MIDNIGHT FEBRUARY 1ST (CENTRAL STANDARD TIME).

Will be awarded 5 additional FREE bids in addition to the 3 FREE bids awarded when purchasing your FIRST bid package. For a total of 8 FREE BIDS!!!

Enjoy and Happy bidding to everyone!

Bidsplay Management.


Help us achieve our goal to be one of the largest and most popular penny auction websites on the internet.

Any questions, concerns, ideas, etc. Please forward them to We will be happy to respond to you.”

Thanks BidsPlay!

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