It may seem like the winners of penny auctions must have the best luck in the world
. But truthfully how to win penny auctions depends on skill, technique and strategy.
Penny auctions are online auctions that people buy bids from the auction site and use them on any auctions currently going on. Every bid adds time to the clock counting down. Some penny auction sites use a "going once, going twice, sold" as the counter gets to the end.
Winning penny auctions is a great way to get TVs, computers, and gift cards for 75%-95% off retail prices. You can sell the stuff you win on sites like craigslist or ebay to make money or keep them to use for yourself. The Powerbidders (the ones who win tons of auctions each month) have their own strategy: they can bid near to the retail price because they can still make a profit. Good thing auction websites have winning limits. This means that YOU can have a fair shot at winning.
How Do You Win Penny Auctions?
How to win penny auctions takes more than jjust squeezing in right before the final bid. A winning penny auction strategy is more like gambling against multiple players. A winning bidder must study the competition, watch their moves and see when they bid. Penny Auction Bidding strategy is always critical.
Want to Win at Penny Auctions?
Take 5 minutes to learn the Secret Strategies to winning Penny auctions. You will learn about a penny auction "cheats" that will help you increase your odds of winning online penny auctions and getting products at such low prices. Winning just a single auction will pay for the entire penny auction strategies guide.