This week lowest unique bid penny auction theSmartBid.com introduced “power hour timed auctions.” Starting each day at 9PM EST is a full hour of timed auctions with no reserves.
“So what’s so special about power hour?
- Auctions close by time instead of maximum bids. So, if you have the lowest unique bid when the timer hits zero, you win!
- Every time a bid is placed, 30 seconds will be added to the timer. If there are less than 30 seconds left in the clock, every bid will reset the timer to 30 seconds instead of adding 30 seconds to it.
- The hints are always very precise (typically within 5 cents range) .
- And last but not the least, each bid costs only 75 cents through out the auction.”
SmartBid is giving away 10% extra free bids with the coupon code “POWER” for their special power hour auctions.
Have you tried SmartBid? What have your experiences been? Let us know!
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