| Penny auctions are more intense versions of | | | | over the screen and you have to not only keep |
| websites like eBay. People bid on items, but you pay | | | | track of other bidders, but also which auction charges |
| for bids, and bids raise the item price just 1 penny. | | | | what for each bid! Can you imagine, a one cent |
| #1 Buying Bids | | | | auction over here, a 10 cent one over there, one for |
| Honestly, the price of bids varies from site to | | | | 15 cents over there? The goal is definitely to save |
| site-just as site quality does, too. I've seen some | | | | time, not waste it. I like to use the site that has 1 |
| sites with nothing exciting to win go down to sixty | | | | penny increments for most or all of their auction |
| cents while other sites try and charge you all the | | | | items. |
| way up to a whole dollar-believe me, that definitely | | | | #3 How the Clock Works |
| adds up after a while. Remember to go to the value | | | | The time settings vary from site to site, but the |
| sites. They keep an even road of top of the line | | | | clock usually goes up some seconds after a bid is |
| products and exciting. | | | | placed. Stay away from sites that put up to 30 |
| #2 Price Increment | | | | seconds or more on the clock every time someone |
| Growing up in a small town where folks help each | | | | bids. For one, that is boring and takes a long time |
| other, I've actually become adept at online penny | | | | when many, many people are bidding. Also, it's |
| auctions and really know my way around the major | | | | pointless because the best way to win is being the |
| sites. I'm a seasoned bidder, but I never forget my | | | | unexpected person to bid at the last possible |
| small town roots, and am definitely happy to share | | | | moment. |
| my success secrets with others. I love to win, so | | | | #4 The Risk-Free, Buy-it-Now Option |
| you can imagine my annoyance in the thrill of the | | | | Some sites have a Buy-it-Now option. You can buy |
| moment when the clocks start counting down all | | | | the product even if you don't win the auction. |