Legitimate Penny Auctions

If eBay isn’t your thing, there is something new to replace the eBay way of doing things. Everyone should check out penny auctions. It’s a great method of trying to get the products you want for low prices. Each time someone bids on a particular product, the price goes up by one cent. If everyone bid one penny each minute throughout an hour, the auction price only goes up 60 cents total. On eBay, if you went back to check on an item after an hour, it could be hundreds of dollars more.If you have had a bad auction experience, you are probably very cautious. No one wants to spend money on an item and then not receive the item. Unfortunately, this is a danger, but reading reviews about the seller may help you to make wise decisions. There seems to be no limit to the types of items you can online or the amount of money you can save by participating. Here are some tips about the things to try to avoid when participating in penny auctions.1. People who work for the penny auctions, friends of them, or the owners themselves sometimes act as legitimate bidders. These are known as shills. The good news is the bid only goes up 1 cent at a time, the bad news is they are scamming you despite the amount of cents.2. Many sites allow you to run a program on your computer that does things for you, like play games. With penny auctions, they are known as bid bots. These bots allow the owners of the auction to get on with their daily lives because they know the bid price will be raised automatically whenever necessary.3. Scam auctions are nothing new and neither is the desire to avoid them. Experience says if you win an auction and do not get the product, don’t make the same mistake twice.There are penny auctions sites that have a reputation for being what they claim to be. In order to avoid the scams, bots, and shills, use trusted sites only. People talk and online forums can be a wealth of information concerning penny auctions. You can learn from the mistakes and triumphs of others.