Founded in the UK in 2008, MadBid.com is the leading Pan European pay-to-bid Interactive Social Auction platform, operating in 7 European countries including Italy, Germany, Spain, Sweden, Finland and Ireland as well as the UK and is continuing to successfully expand into other territories, including South America as a white label offering as MrBidoo in April 2011.

With over 1,600,000 active users, nearly 1,000,000 unique visitors per month and already over 171,000 completed auctions users can be in with a chance to save up to 80% on average RRP.

Users have a choice in a variety of products from great travel-related technology products like the Kindle 3G for £0.31, an Apple iPad for £2.52 or even a Panasonic Lumix 14.1 MP Camera for just £12.05 to the more quirky items like the Led Ice buckets.

With a variety of innovative options users can collect loyalty points, use sneak-a – peak option and cover their tracks with the option of stealth mode.

This hasn’t gone unnoticed because the wide coverage from national to regional press reviewing the site confirms that yes you can win cheap bargains! Madbid have proven this by creating a Rookie auction for the curious but reluctant to spend too much. The Rookie auction contains products from Merkcats in bathrobes to professional haircuts and the best thing is you get all your credits back if you don’t win.

We encourage users to raise their issues on a variety of social platforms like Facebook which has nearly 28,000 fans and our Forums which help improve the whole community and enforce the security points that need to be addressed before joining a penny auction site for new users:

Sometimes it is impossible to win on a penny auction site… why… because it is not real. Make sure you check the 3 main security points before signing up.

Make sure the site is registered in the UK and that they clearly display contact details such as a telephone number, e-mail address and postal address.
Make sure the site is secure and that they use secure payment methods. Look for the logos of Verified by Visa, MasterCard SecureCode and McAfee Secure.
Get a bit of feedback – Look for Facebook pages, YouTube pages and forums for the site and try to get a bit of feedback from other users.
Madbid.com is proud to promote the risks of penny auction sites and have won awards like Tech Media Invest Top 100 Company in association with The Guardian and has been a finalist at the e-commerce awards 2011 in association with The Sunday Times.

BidWhammy.com is a brand new Internet auction website launched Aug. 2011.

BidWhammy’s mission is to gain and retain customer trust by offering great deals to its customers. The creators of BidWhammy pride themselves on the highest ethical and moral business practices. Without the traditional extending timer, BidWhammy reduces their profits in order to offer a safe and entertaining auction format for their customers. At BidWhammy you will never have to worry about shill bidders extending auctions and costing you bids. BidWhammy’s auction process promotes a culture of large number of bidders, other online auction sites do not. Unlike traditional penny auction sites, BidWhammy only gets better with the more users who join. With BidWhammy you will never find yourself pulling your hair out because people keep hitting the bid button after you. BidWhammy auctions will not have you sitting in front of your computer for days or hours on end trying to win that Sony PS3. You bid on your own time, when your gut tells you it’s time to place that next bid.
BidWhammy offers multiple auction types, the most popular being a final bid auction. For the final bid auction, the successful bidder simply needs to place the final bid of a pre-set number of bids.

Another auction format, seated auctions, allows for customers to bid on higher quality, unique items against a limited number of people. This increases participant’s chances to become the successful bidder.

BidWhammy’s mascot, Iggy, wants to help customers win their auctions anyway he can. IggyVision is a feature that enables bidders to view the bid count without actually placing a bid. Bidders can obtain IggyVision by being the first bidder in an auction and also randomly during the rest of the auction. Bidders will want to save their IggyVisions and use them strategically during the auction. Features like IggyVision make BidWhammy unique to the online auction industry.

BidWhammy strives to offer the best products, spanning the various interests of their customers. With a unique bidding process and new user tools, BidWhammy offers everything a user needs to strategically be the next big winner!

The month of September, BidWhammy is giving 15 free bids to customers who purchase a bid pack. “Like” BidWhammy on Facebook or “Follow” them on Twitter for chances to answer IggyChallenges for the chance to win FREE additional bids. BidWhammy.com…the fair, fun online auction website.

The penny auction survey results are live, you can consult the report at:

http://www.winzee.com/blog/the-penny-auction-survey-the-truth-on-penny-auctions-revealed-at-last

We are seeking your opinion on different aspect of the penny auction industry to establish bidders priorities and needs for the future development of a penny auction site.

Your opinion is very important to us and your participation would be appreciated.

Follow this link to take the survey: https://www.surveymonkey.com/s/QDT5GD8

The survey is anonymous and It takes a mere 5 to 7 minutes to answer the questions which are of real concern, interest and value to you and all bidders.

We will publish the result here, this way you opinion will also have an impact on the whole industry.

Thank you for your time.

We launched our site in December – www.betbidder.com We have just made a number of changes to our site to simplify our website and to increase the number of cash auctions.

We now have 50 auctions per day with more cash auctions than ever and €50,000 paid out monthly.

To celebrate the new site changes we are offering all players 25 extra bids on their first bid purchase with Betbidder.com.
To avail of this offer enter bonus code PEN6

We would love to hear your feedback on the new and improved site.

Thanks
Nicky
www.betbidder.com

The huge discounts that many people get on online penny auctions is one of the reasons they keep growing in popularity. The goods these sites sell are always new goods still in their packaging and covered by a normal manufacturer’s warranty. Knowing that each bidder has to pay a certain price per bid up from is the one thing that puts many people off the idea of getting involved in online penny auctions and often the discounts advertised are not including the money spent on bids.

There are sites out there though that offer you bid packs at extremely low prices, so instead of paying premium prices per bid you could do a little research and end up getting cheap bids quite easily. So your first port of call would be your internet search engine of choice, from here you simply type in whatever keywords you think would be appropriate, something like ‘penny auctions sites with cheap bids’ would normally do the trick and you will soon have a plethora of results to look through at your leisure. Just remember that bids will normally come in packs so do not forget to divide the overall price by the amount of bids it gives you to get a true indication of what each bid is costing you.

Some sites offer higher discounts for every increase in bid amounts so be aware that sometimes going big to begin with can reap you benefits of cheaper prices down the line. It seems like a simple thing to say, but you would be surprised how many people seem to overlook something as simple as doing some good old fashioned leg work and finding out some background information on the website you intend to bid on. The cost of each bid is something that you should never forget as this is what can push a seemingly cheap item into the realms of having paid way more than what it was worth.

Being prudent and sticking to a certain budget will help ensure you never go over the retail price of an item; you will thank yourself for that in the long run. So now that you know there are sites that offer some cheap bids you should take the time to figure out which one of these sites offers the kind of products you are after. Choosing a budget and sticking to it is the fundamental factor in saving you money down the line. Doing a little spy work and seeing how other people go about winning can also be a great help down the line.

Penny auction forums:

Taking notes is something that cannot be recommended enough, it will give you something to refer to at a later date should you be looking for a hole in your attack plan. Plus you can always keep notes on other bidders so if you should ever come across one of them in an auction you will have a good idea of how they go about winning, and how you can beat them to the punch.

Bidcactus.com one of the leader in the penny auction business just got approved into the EAA

WESTPORT, Conn., Dec. 21, 2010 /PRNewswire/ — BidCactus.com is proud to announce their acceptance into the Entertainment Auction Association, THE governing body and face of the Paid Auctions Industry. Launched in 2008, BidCactus.com is the gold standard in penny auctions and has been at the forefront of the Paid Auctions Industry. The company is the first and only to be audited by a top accounting firm and the first to introduce a Player’s Bill of Rights. BidCactus.com offers shoppers the chance to bid for electronics, laptops and gift cards for mere pennies.

“When we set out to create the very best online auction experience, we knew what would get us there – a fun customer experience, helpful customer service and, most importantly, guaranteed fair play,” said Michael Staw, BidCactus.com CEO. “We have stayed true to our commitment and we are pleased to demonstrate it to our players by joining this important Association. We encourage all other Penny Auction companies to do the same.”

Comprised of three founding member companies, including BidCactus.com, the Entertainment Auction Association was created with the sole purpose of ensuring that companies operating within the paid auctions industry do so with absolute integrity. The Entertainment Auction Association will be run and directed by board members, officers, and a paid Executive Director, all of whom will oversee the activities of the Association and its members.

All Entertainment Auction Association members must prove that they are not engaging in any fraudulent or deceptive behavior, that their web site and marketing campaigns comply with the FTC’s truth-in-advertising rules and policies, and that they agree to be subject to specific fines and penalties (including expulsion from the Association) if they violate the Association’s code of conduct.

About BidCactus.com

BidCactus.com® LLC is one of the largest penny auction sites in the United States. Founded in 2008, the company has already auctioned off more than 100,000 items including televisions, laptops, electronics, household items and gift cards. The website runs 24 hours a day. Live customer support is available during business hours at 1-800-BID-8711. For more information about BidCactus.com, visit www.BidCactus.com.

SOURCE BidCactus.com LLC

Here is the Amazing Betbidder’s gift to you:

• · We are crediting all accounts with an additional 10 free Bids. So that’s 13 free bids on registration!

• · We give you a full bid refund on all bids used by you in our newly featured twice a day “BID REFUNDS FOR ALL PLAYERS” Auctions.

• · The bid limit for these auctions has been reduced to 25 so you have an even better chance of winning the cash.

• · The Prize on Both these auctions is £100/€110.

Don’t miss out and start literally playing for free today.

We hope this will help you enjoy and maximise the bidding experience.

www.betbidder.com

Special Offer – If you buy a BidPack between now and 8AM PST December 21, we’ll add 10% EXTRA FreeBids to your account with every BidPack purchase! So make the most of it, and get some of the top products for this holiday season at a great price!

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