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Biddango | Penny Auctions

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Penny Auctions are Great Deals

Biddango is one of the newest penny action sites available. Penny auctions are not like eBay auctions at all. In a penny auction you buy a certain amount of bids that you can place on an item. In Biddango's case, each bid costs .75 cents and adds .01 cent to the item price as well as 15 seconds onto the auction timer. Unlike eBay, if you try to bid at the very last second, it does not guarantee a win, since adding that bid will also add the 15 seconds for someone else to have a chance to bid. That is why this is more like gambling then actually auctioning. You can however be very lucky and use a little strategy to win some amazing deals from penny auctions. For example, you can win a 50$ gift card for .50 cents or a Wii for 2$! So there are deals to be made, you just have to play smart. I say play because like I said before, this is more gambling than auctioning and you will have a better chance at winning these amazing deals if you approach penny auctions this way.


Let me show you how Biddango works, and the tips and tricks to getting great deals!

What do you want to do first?

  1. Find out the "What" and "How"
  2. Get Tips to winning the Big Deals
  3. Register for Free
  4. Make Money from Biddango
  5. If Penny Auctions Aren't for You
  6. Make a Fortune on eBay
  7. Ask Questions

Find out the "What" and "How"

What items and how does it work?

All of the Items on Biddango are Brand New and come with the full Manufacturers Warranty.

Every time a bid is placed the price of the item goes up just 1 penny! When a bid is placed in the last few seconds of an auction, we extend the auction time by up to 15 seconds.

When the Countdown clock gets to Zero, whoever is the bidder that placed the final bid, wins the auction and can now purchase the item for the price of their bid!

Each item starts with a bidding price of just 1 penny. Most auctions will have a small reserve price of typically 2% to 4% of the item price. The reserve will never go above 5% which means you can still save up to 95% when you win.The best part about the reserve price is that if the auction ends, and the reserve has not been met, then you will get all of your bids back for that auction.

There is a small charge for each bid (75 cents), which allows us to offer these great prices.

To get started, you have to register for free. They will even give you 5 free bids if you send an email to 5 of your friends!

Get Tips to winning the Big Deals

How to get those deals with ease!

Patience!
Take your first day to just watch and see how the site works. Once you feel comfortable, don't waste your bids if there is more than a minute left or the item is going for less than 2% of the original cost. Someone will bid over you, so don't even waste it. Wait until the timer is around 30 to 10 seconds to start a bid war. You usually do not want to bid with a few seconds left since the timer will gain another 15 seconds. Most people will bid RIGHT after someone resets the timer in hopes to be the one that allows the countdown to continue.

Know Your Competitor
Watch who is bidding on items and watch how often they are bidding. If someone is bidding like a madman, they have too much money to waste or they won a bunch of bids and is being stupid with them. Either way, you may want to wait if you see this. These people are your biggest threat to wasting your bids. You want to find a time when other people are playing smart as well. They wont waste a bid to take something with a few seconds left, they will try to wait for someone stupid to waste the bid.

Bigger Isn't Always Better
Go after the smaller items or for more bids before trying for electronics are large amount gift cards. I suggest going for more bids and getting a nest egg of padding so that you do not have to spend money on your bids ever again. If you can get more bids in your first and second win, you'll probably never have to spend a penny on buying bids again! As for the smaller items, they have less appeal. You will get less of the uneducated people using multiple bids on the smaller items. Those big electronics are just too tempting to the new people! Once you have a huge nest egg of bids, you can spend a bunch to win electronics and big items.

Timing
Timing can mean everything when it comes to getting the best deals. If you can catch an auction ending between 2am and 5am you probably wont have as much competition. So if you want to be a force to be reckoned with...you can stay up all night to get even better deals with less competition.

Know When to Stop
Last but definitely not least. KNOW WHEN TO STOP! If you do not know when to stop, you could lose a LOT of money, just like gambling. Like I said before, this is more like gambling than auctioning. If you can't follow these rules and you start wasting bids without doing your research, you should NOT do this. I suggest that if you do not win anything in your first 50 to 100 bids, penny auctions are not for you.

Register for Free

Try it out with 5 free bids



When you sign up now, you will get a one time chance to send an e-mail to 5 of your friends to receive 5 free bids! Take advantage of this while you can because it may not last for long.

Make Money from Biddango

Referral system and reselling

Biddango has the option to invite friends and get free bids and even a percentage of the cash value of any purchased Bidpack! If your friend buys a Bidpack you make 10% cash back and there is no limit as to how many friends you refer! They will pay you a commission every month once you have a minimum of 50$ in commission totals. So, if you have friends that love this kind of thing, might as well have them help you pay for free bids!

Another way to make money with Biddango is a reselling tactic. Most penny auction players are resellers. This means they take what they win and resell it on eBay or to friends. They then buy more bids and rinse/repeat. If you can learn the ways of penny auctioning you can make a good profit from them...but like you learned in the tips and tricks, it takes time, research, and smarts.

Register Now to try your hand at making money from Biddango

If Penny Auctions Aren't for You

If you were hoping that this was more like e-bay where you could bid down to the last second and get a little security on the price you were buying it at...then penny auctions aren't for you. You can however still get amazing deals on eBay and even make a profit off of it!

eBay Fortune is a proven way to make money off of eBay by selling anything and everything. Try searching for "used socks" and you'll see some going to hundreds of dollars! You just have to know how to market it. eBay Fortune will teach you this and it isn't going to take you months to make your first 30 bucks! You can sell off random things that you don't have any use for anymore, or you can buy low and sell high if you know what to look for. It's fun, has great profit capabilities, and is a quick and easy solution to anyone needing some cash in their pockets.

Make a Fortune on eBay

Ask Questions

Let me hear your questions and If I know the answer I'll give it, if I don't, I'll find it.

  • Shylohjacobs Mar 23, 2011 @ 2:28 pm | delete
    Thank you for sharing this! I am glad to see someone agrees with my love for penny auctions! I am trying to find a low rate ipad auction so if anyone knows of one please let me know! http://www.bidkwik2win.com
  • hveshdon Mar 16, 2011 @ 11:04 am | delete
    One of the finer points of these penny auctions is the cool fact that you can purchase penny auction gift cards and give them an opportunity to bid too.
  • TeamMo Nov 2, 2010 @ 7:55 pm | delete
    Hey, great lens! Just wanted to drop a note to say that I had heard great things in the media about your site! Keep up the good work, it gives penny auctions a good name.
  • mybidshackpennyauction May 3, 2010 @ 11:48 pm | delete
    I don't know about Biddango but Didn't win anything at other penny auction until I Went to www.mybidshack.us and won a Flip UltraHD camcorder for $8.83, 2 Apple iTouch iPods one for $4.18 and the other for $0.28. I also won Windows 7 premium home edition for $0.48. www.mybidshack.us also share the profits from bidpacks its members sell on a 50/50 split.
  • MarkusJ Mar 16, 2010 @ 8:40 am | delete
    I really like Biddango. Almost as good as https://www.BidOnCash.com
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Adrian_dsp

I'm a stay at home mom looking for things to do at home and have fallen in love with Squidoo! I'll be updating here with reviews of items that we used... more »

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