Weather in Minneapolis: Perfect for Penny Auction Bidding


It’s a snowy Saturday here in Minneapolis, 34° (can’t wait until it’s -20° windchill, eek!) and I’m blogging from WordPress’ WordCamp at Best Buy Headquarters, and no, penny auction sites are not blocked, but I did see that an article on Black Friday 2010 Bringing Illegal Online Gambling To Penny Auction Sites, has been.

A bit controversial, but would you say that penny auctions are gambling? What about penny auction sites that award cash prizes?

What’s the weather like where you’re at?

Join our penny auction forum!

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4 comments… add one
  • Mr D November 13, 2010, 6:15 pm

    ah! Florida, great weather today, 73 degrees in mid november. 🙂

    I think penny auctions are a great business model, rather revolutionary.
    I see nothing illegal about charging for bidding. Many face-to-face auctions charge some sort of entry fee or registration fee to bid.

    However, when it comes to bidding for cash, I won’t gamble my luck there with the FTC. The problem with cash is that it comes really close to a lottery which we all know are illegal. You pay for a chance to win the grand cash prize.

    Reply
    • Amanda November 14, 2010, 10:40 am

      Hey Mr D. thanks for stopping by! Yeah, FL sounds nice! I get to shovel snow today :). I do agree, I think bidding for cash does make them a lot more like a lottery.

      Reply
      • Mr D November 15, 2010, 7:37 pm

        Hi Amanda, I shoveled snow for 12 years in Rhode Island! No more snow for me in my near future! 🙂
        The penny auction for cash business is really tempting but it’s definitely too risky.

        Reply
        • Amanda November 15, 2010, 8:42 pm

          Yes, it’s always fun :-D! I just don’t like how cold it gets! Definitely the modern day “dollar auction” 🙂 May not even be legal since they’re akin to lotteries/raffles.

          Reply

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