Bidoction Adds Blind Penny Auctions

We previously discussed whether or not penny auctions should conceal usernames of bidders, now penny auction Bidoction.com has added blind auctions.

Here’s how Blind Auctions on Bidoction work:

  1. When the user places a bid, they  can see their user name in the top bidder and the bid history.
  2. All other bids are shown as a random number.
  3. When the auction ends, all true usernames are then displayed.

Bidoction tells us that they believe that this creates a level playing field for everyone bidding in the auction. No one knows who they are bidding against until they end.  Not all of Bidoction’s penny auctions are blind, but currently the majority of auctions are.

Are blind auctions a wise decision? Tell us what you think!

Discuss Bidoction.com in our forum!

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