Penny Auction Strategies

  By PAW member muchomaas Many of you who are members of, Penny Auction Watch℠ are seasoned penny auction pros.  This article is not for you.  This is for the beginner.  It is for people like me.  A few months ago, I had no idea that penny auction websites existed.   If I made the mistake […] Read More

beezid tips 20 comments

You don't have to be a penny auction bidder very long before you notice the sheer number of users with names like IWillBidUntilIWinOrElse - 10000Bids - AlwaysBiddingRetail. But - What's in a Username? What matters is what something is, not what it is called. Penny auction bidders choose "intimidating" usernames in an effort to win items […] Read More


Patience & timing is everything on penny auctions, you might really want a particular item and there may be dozens of others that want it too. There really are times on a penny auction site when items end for a very small number of bids, we've even seen auctions that have ended with no winner. […] Read More


For the most part, novice bidders have very little experience with the pay to bid process. More experienced players have evaluated multiple strategies and determined the best course of action for their individual comfort level. Professional bidders tend to have a very aggressive approach regardless of their opponent. The biggest question is, “How do you […] Read More

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"After being on the boards for nearly a year, I have made many adjustments in my "penny auction" persona. Changed the ways I interact with auctions and definitely changed the way I pay for auctions." Here are some penny auction protection tips posted by our member, KSteven7. These are very important tips, thanks KSteven! Don't […] Read More


Did you know that when you bid on penny auctions you're actually partaking in a game theory problem? It's called the War of Attrition. War of Attrition Defined: a contest that is settled without any escalation (no chance of injury from direct interaction between the contestants) with the winner being the individual who is willing […] Read More


Over the past few months we've seen many comments in our penny auction forum and on the net from skeptical penny auction users that immediately call a penny auction site a scam just because they see a particular user bid far over the value of an item before they win it. Does this mean that […] Read More


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