Meet the Founders of

Last week I told you about how I met with the founders of the brand new penny auction site really is providing a win-win opportunity for consumers and something totally unique to the penny auction industry.

Get ready to meet YouNeverLose’s Zack, David and Barry.

I filmed them with a tiny HD video camera (sorry for the slight shakiness) at the Wynn Resort & Casino in Las Vegas. Yes, we were sitting at the blackjack tables.

A lot of critics, the media and even bidders equate penny auctions to gambling. And really, since you can lose money, you can also win, this reasoning is understandable – I however don’t see YouNeverLose as a gambling bidding site because they do not operate on the pay-to-bid model as do all other penny auction sites. Instead consumers purchase gift cards, $25, $50, $100 and then get credits in corresponding amounts to bid and try to win gift card auctions on their site.

Meet David, Zack and Barry,

Have you bid on If so, what have your experiences been?

Join our free penny auction forum today and discuss YouNeverLose with us!

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