SmartBid New Lowest Unique Bid Site Awards Penny Auction Watch Beta Testers

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SmartBid™ –TheSmartBid.com, the newest lowest unique bid site out of Silicon Valley just opened yesterday, June 2nd.

A few Penny Auction Watch forum members helped beta test SmartBid over the last few months (participate in penny auction beta tests in our forum!), and SmartBid would like to award them (Thanks!):

“We wanted to take the opportunity to thank all beta testers from PAW who helped us test the site for last couple of months. Your feedbacks and encouragement have been extremely helpful and most of them have been incorporated directly in our site. It was extremely hard to choose the best beta tester when there were so many worthy candidates – hence, we have decided to declare multiple winners!

• PennyPincher – $40
• soonerjudd – $10
• amcoffee – $10
• KSteven7 – $10
• chrissy – $10
• rebecca1973 – $10
• elmo627 – $10

For rest of you – thank you for your helpful feedback and all of your test accounts have been migrated with $3 free bids to our live site. We will look forward to your continued support. Please follow us on twitter or become our fan in facebook for special coupons on bid packs and exclusive auctions.

All Penny Auction Watch readers can use the coupon code “PAW10” on their first purchase and to get 10% more bids to bid on SmartBid.”

Read our recent interview with SmartBid to learn more about this new, lowest unique bid auction and if you try them out, don’t forget to come back and tell us about your experience!

• As the name says, it’s all about bidding smart.  Unlike conventional auctions where highest bidder wins, SmartBid works quite the opposite.  Products get bid typically within a range of a penny to a dollar and the lowest bid which is not matched by any other bid wins. Bidders use skillful insights to place bids which are unmatched by other bidders.  SmartBid also helps along the way with hints, bidding history and live email updates to make the experience fun and interactive. Take a look at our video to see how it all works:.

• We wanted to create a fun and fair bidding environment for all. Auctions are designed to cater to different skill levels and everyone has a chance to get their money back in exclusive reward auctions. No one comes out empty-handed at SmartBid – members receive equal reward credits for every dollar spent on regular auctions which they can use to play in reward auctions or donate to charitable causes. We have selected Oceana for our first month beneficiary.

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