Penny Auction Bidders: Do You Like Penny Auctions with the Bid Buddy Option?

This is for those of you who have been bidding on penny auctions for awhile, and the newbies too (welcome!): Do you prefer penny auctions with the bid buddy/butler/autobid (set your bid and watch) option or do you like to manually bid? Do you feel intimidated by users on bid buddy?

Penny auction with bid buddy

Penny auction without the bid buddy option

Discuss this in our Penny Auction Forum & take the poll!

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2 comments… add one
  • BeerNuts June 18, 2010, 9:14 am

    For the users it would be better if there was not a automated bid system. The system as it is now lets the power bidders win their items without even being present. A few power users on a site could que up there bids and go off to work all day.

    Not only is this intimidating but it also takes the fun out of the auction. You are no longer bidding against a person, you can not read their moves and guess their strategy. All you see is a robot that auto bids, and depending on the user may auto bid forever. This is when new users just give up and let the item go cheap. Its at this point that many new users give up and never visit the site again.

    I don't see how this harboring of a few power users benefits the website as a business. They always stake out their items well in advance and never bid against each other.

    Reply
  • Larry Housman August 25, 2012, 10:20 pm

    I’m new to the penny auction business but it does seem like Bid Buddy is not fair ! If you want to win the penny auction & get a great deal , you should be there at your mouse just like everyone else . I’m sure “Bids That Give ” will do away with it . Email me your comments: btghousman@gmail.com

    Reply

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