Are You Still Bidding on Penny Auctions?

Any veteran penny auction bidders still out there bidding? I really don’t see the same group that used to frequent the Penny Auction Watch forum and win items on a daily basis anymore. The early days of penny auction bidding are long gone. I started this site in 2009 back when penny auctions were in their infancy. Were there many bidders then, not really… I’d say the peak year for penny auctions was 2011… Since then the trend has experienced a downward spiral.

So, let’s take a survey.

If you still bid on penny auctions, when did you start and where do you bid now?
That’s what I’d like to find out… Tons of sites are gone, as you will see from the countless posts here in our archives. 9/10 penny auction sites are now gone. But there are still a few left… and new ones sprout up from time-to-time.

We want to hear from you here. Join our forum, or revisit it, and post comments here in the comments section. You can also e-mail me  to discuss penny auctions. We’re still here, but are you?

If you still bid, are there sites you miss?  Let’s reminisce!

 

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18 comments… add one
  • DealDashReviewed.com September 24, 2014, 4:55 am

    Dealdash is still here.. alive and kicking! It started in 2009 also, same with your site. 🙂

    Reply
    • zero November 28, 2014, 2:26 am

      I used to enjoy going to Rockybid, six jax or jacks, its been so long I forgot how it was spelled, and in the early days zoozle. Glad to see this site is still up and running though. PAW was and probably still is the best outlet to discuss penny auctions, as well as share good and bad penny auctions sites. In the very early days it was like the wild west, there were limited ratings on sites and many were so new that there was no consumer reports or fraud data this was the main place I would turn to as a watchdog.

      Reply
      • Amanda Lee December 6, 2014, 9:34 am

        hey zero. Thank you so much. I truly appreciate your words. It really was crazy, wasn’t it? So much drama and scams! Are you bidding anywhere now?

        Reply
      • Amanda Lee December 6, 2014, 9:34 am

        Oh! Zoozle! I remember Zoozle! 🙁 Those were the days :sigh haha!

        Reply
  • BoneCrusher October 1, 2014, 2:31 pm

    I started bidding around 2011 and bid up until 2013 with the last website I bid on being Bidrail. After they went under I lost faith in the industry as you were not only taking a “gamble” going up against other bidders but now you were also “gambling” if the site would be around or not. When I did bid I loved sites like SnipKit, CircusCatch and a few others.

    What happened with Penny Auctions reminds me of watching the first season of survivor. The concept was great and it looked like it would be everyone for themselves and then the word “Alliance” came about and turned the game inside out as people would throw or fix challenges to curtail the overall outcome of the game. After that season it then became the shows producers job to try and keep the game as fair as possible but really it never could be as this strategy was now called “playing the game.”

    Penny Auctions have been no different as site owners have never figured out how to combat all the challenges created by the players. I watch Breaking Vegas where people spend their time trying to figure out a way to get around the system and also some of the Locked Ups on MSN and they talk about how prisoners have 24 hours a day to think of ways to make weapons or escape. Most Penny Auction owners thought opening websites would be as easy as a Ron Popeil oven – just set it and forget it… but it’s not.

    From the players point the unspoken rules ie tagging and all the chatter on social media and penny auction social sites have been the downfall as well. It’s laughable when I see post of bidders apologizing to others for “jumping” and other bidders chastising those who have. There is too much sense of entitlement by many…

    The one thing that did bother me the most was the greed… I remember one forum member asking what do some of these people do with all the ipads they win – use them as roof shingles lol! Honestly I personally wouldn’t care if someone was winning them and giving them to family members but the robin hoods that claimed they donated them all and those that would just resell them on ebay or to other people I thought wasn’t right – but to each their own… but I remember when I first started it was call competitive shopping – not competitive wholesale business distribution suppliers…

    If I did decide to come back and bid it would probably only be at a site like Quibids which was actually one of the first 3 I tried and the one that made believe bidding was fun as there was actually strategy behind bidding there and different bidding styles you could employ which were part of the game – it wasn’t just who had the deepest pockets in the room or who bid first or who knew each other.

    I no longer bid mainly because I soon realized I was missing a lot in life by bidding as I was one multiple sites and having to coordinate auctions and bidding times. I would set my life around auctions rather then the other way around – bidding sometimes felt like a job rather then fun as you had to research other bidders, auction items, prices, times, find bid coupons, stockpile bids etc…I knew when I was stopping what I was doing to bid on things or wait for auctions – it was time to quit.

    Every blue moon I might peak at an auction or two but for the most part the thrill is gone and I put more blame on the players then the websites. But I will say I loved Penny Auctions and the ride was fun for me while it lasted.

    Reply
  • JB October 3, 2014, 8:30 pm

    I still play. I stated on swoopo, my first attempt I won a game boy advanced. Was hooked at that point. The site I miss the most is bigdeal. I enjoyed wavee as well before they went to crap. Right now the only site I play on is quibids. The only other sites I know that are 100% legit are beezid and dealdash, but they are pure luck to win and I don’t play there. I know beezid gives million bid packs for $50,000 and they have people who buy them. No wonder it is such a zoo. The penny auction model is unsustainable IMO.

    Reply
    • Amanda Lee October 10, 2014, 3:38 pm

      I miss Bigdeal too… It was by far the best.

      Reply
  • Kelly Stevenson October 5, 2014, 12:55 am

    I quit doing penny auctions about a year and a half maybe 2 years ago. My life got busier and I was tired of being tied to the computer for hours and hours when I wanted a larger ticket item.

    Reply
  • Deal Dash shopper October 10, 2014, 6:27 am

    I also quit bidding penny auctions for almost 4 years already. And I’m glad that I was able to quit.

    Reply
  • DC October 10, 2014, 6:59 pm

    yeah still do like the small sites but not many there bubble bid is the best

    Reply
    • Amanda Lee October 11, 2014, 12:30 am

      You’re still bidding on bubblebid? Wow that’s great!

      Reply
  • Sathick October 13, 2014, 6:27 am

    Yes, of course many!

    Reply
  • Penny Auction List October 15, 2014, 9:14 pm

    There’s no doubt that the traffic — and overall enthusiasm — has died down. Bidfire was the site that introduced me to penny auctions, but they’re long gone. And as JB referenced above, Wavee was the site that got me hooked before they left bidders hanging. I still use some of the products I won on Wavee, so there’s a bit of nostalgia there.

    Every once in a while, I’ll mess around with QuiBids or Beezid. They’ve figured out a model that’s sustainable for them, so it’s tough to do well as a bidder without fully committing to study, observe and bid. Life has changed significantly for me since 2009, so the time investment necessary to do well isn’t really there.

    I’m hoping to see a unique resurgence of these sites somewhere down the road, but the model we grew to love and hate seems to be past its glory days.

    Reply
  • Alan November 19, 2014, 1:24 pm

    I have led a sheltered life – I first read an advertisement about penny auctions in the UK’s Daily Telegraph newspaper in this case Swoggi. iPads for under £10 sounded worth investigating. I purchased £30 of bids. Quickly won a 50-bid pack so purchased another £50 of credit to bid for a laptop. A week later I am £80 poorer and much wiser.

    – There is a small group winning most things of value,
    – They will spend over 5000 credits at 50p each to win something that is worth up to £1000, adding the winning bid price to all the credits expended.
    – Bid Robots usually win the best stuff.
    – Free auctions for anyone buying £50 of credit are a bidding frenzy with prices soaring above current retail deals.
    – I am amazed at the number of people who will stay up all night to keep bidding in single bids.
    – Swoggi claim to limit wins to 8 per month so towards the end of the month is a better time to bid.

    Set yourself a limit, treat it as gambling – any win is a bonus, recognise the professional bidders and that most winnings will appear on eBay shortly after the auction ends.

    Reply
  • rebeccahillman January 11, 2015, 3:44 am

    It;s not the same any more to many new bidders that don;t know how to bid,Not much fun anymore!!!

    Reply
    • Mike January 26, 2015, 9:07 pm

      so you just bid, bid, bid and bid leaving no chance for anyone to get a decent deal. You know what you are, I don’t have to say it.

      Reply
      • David July 18, 2015, 9:47 am

        You’re absolutely right, Mike. I’ve encountered her on DealDash. She’ll spend thousands of bids on the value items so that only a few can compete in her auctions. It’s pigs like her that are the death of these auctions sites.

        Reply
      • David July 18, 2015, 9:48 am

        You’re absolutely right, Mike. I’ve encountered her on DealDash. She’ll spend thousands of bids on the value items so that only a few can compete in her auctions. It’s people like her that are the death of these auctions sites.

        Reply

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