looks like the same concept as quibids. The problem is that your penny bid probably costs 50 cents or more (quibids is 60 cents unless you buy large sets of bids), so unless you can try to squeeze in at the end of an auction, it can get pricey. It's a great deal for the website though. It's also time consuming to be part of an auction. For example there is a scope that is currently at 68 bucks and change. That's 6800 bids. It's also 6800 bids at 50 cents or whatever the website charges. A great deal for the website. That website resets to 30 seconds after a bid so that keeps it going. Everytime it gets near zero, someone bids and it's back to 30 seconds. Basically you have to hang in longer than everyone else without blowing all your money. Most merchandise is probably won from sheer boredom.
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