Monday.Money || Winnit.com: The Lowest Bid Wins…Sort Of
While I have not personally tried this site, I am intrigued. The way it works is that you bid on items, ranging from iPods to Vegas vacations, and the lowest UNIQUE bid wins. That means that you must be the only person to have bid that amount AND be the lowest bid. There are ways to bid an entire range (27 cents to 53 cents, for examples). The thing is, you see, that each bid costs anywhere from $1 to $4. So you could spend all kinds of money bidding, but not win the item.
Sure, this may be worth it to some, to eventually win something that costs more than the total amount spent in bidding wars. I don’t doubt that many people gets crazy deals on wonderful products, but it strikes me as time-consuming and a long shot. Still, there’s that part of me that would LOVE to be one of these people:
What I don’t understand is how someone can win an item for 9 cents. The odds of people bidding all around that amount seem slim to me. A person would have to be lucky to achieve this, I feel. Damn, I sure am curious about this site. I could use an iPod for 92 cents! If I end up trying it out, I’ll post an update on my experience. Christmas shopping, maybe?
You missed the point. Do a “Find on this Page” and enter “k8d7″ and you will see this person has won a number of times. There are a few others that have won over and over as well.
I dont know how they are doing it but they have figured out some sniping way or something.
I want to know what it is!!