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Penny Auctions

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Penny Auctions - a new entertainment shopping phenomenon

Penny auctions came over from Europe a couple of months ago. There are many new website offering great deals on video games, cameras, game consoles, TV's, smart phones, and other electronics.

Penny auctions work like this: you buy some bids, and every bid you place increases the length of time of the auction and increases the price by a penny. When the auction ends, the last person who placed a bid gets to buy the item at a fantastic price.

Safe Penny Auction Sites

Beware of the scammers - there are many out there

There are legitimate penny auction sites out there. There are also many scams. The following penny auctions have been shown to be legitimate and you can bid knowing that the owners will not bid themselves and that when you win, your item will be shipped to you.

How to Play

Remember, there is only one winner for each auction, but he often wins big

Penny auctions can be great fun and for the winner, they can offer an amazing bargain. You have to remember though, that each bid does cost a little money. You have to play smart in order to maximize your chance of winning. Bid when you think other people are less likely to win. Do not get carried away. Do remember that there is a chance you may not win. Do know that you do have to spend money to win, and sometimes it takes a big number of bids. Not everyone wins with three bids, but it does happen occasionally.

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pennyjudge

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