Penny Auctions Review – Are Penny Auction Sites The Wave Of The Future?

Penny Auctions Review - Are Penny Auction Sites The Wave Of The Future?, 8.6 out of 10 based on 1061 ratings
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You’ve probably started to hear about new sites that allow you to buy brand new items like iPhone 5′s, and LED TV’s and other expensive items for pennies on the dollar. These sites incorporate a new way of auctioning that’s taking the world by storm and leaving old auctioning sites like eBay in turmoil. In case you’re still wondering, I’m talking about Penny Auctions.

—-> Click Here To Sign Up With ZBiddy <—- Use The Promo Code: “Special Bonus” !

I was curious about how these auctions worked, so I signed up for a BBB Accredited Penny Auction site with a good reputation called ZBiddy . Apparently, Penny auctions work by having people purchase “bid packages”. Usually you get anywhere from 100-500 bids in a bid package, and you use up these bids by bidding on an item you want. Everytime someone places a bid on an item, the price of the item goes up by one penny.

Taking a look through the items on ZBiddy, I was surprised by how many of them were really expensive products (Sony TV’s, New iPhone’s, etc…)  that were going for really cheap. What you do is place a Bid on the item you want and this increases the bid timer by 10 seconds. To win an item you have to be the last bidder when the timer hits 0.

Click Here To Try ZBiddy

So my strategy to win a penny auction for a new Apple Ipad 3 was to wait until the timer hit 20 seconds left, and then start placing my bids on it. I waited patiently while the timer counted down, and once it hit that 20 second mark, I started placing my bids. I placed about 15 bids before the timer finally hit zero and I won! I was beyond excited, because the price of the item was only $11. That means, after spending 15 bids and having to purchase the new iPhone 5, I only had to spend a total of Under $25!

—-> Click Here To Sign Up With ZBiddy<—- Use The Promo Code: “Special Bonus”!

I knew then, that I was about to get addicted to Penny Auctions. This is the real deal, and blows eBay and other auction sites out of the water. I’m finally able to buy all the Christmas Gifts I want for a super low price!

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23 Responses to Penny Auctions Review – Are Penny Auction Sites The Wave Of The Future?

  1. Bidsauce Fan says:

    I have used this site once and had no problems .. its great, although my prize tool around 1 weeks to arrive ..

  2. Jordan says:

    Can we get a review on CheapOh! Penny Auctions? Shoot me an e-mail I left it above.. Can work out some terms, thanks.

  3. lida dai dai says:

    Wow! Thank you! I always wanted to write in my site something like that. Can I take part of your
    post to my blog?

  4. abnehmpillen says:

    Nice post! GA is also my biggest earning. However, it’s not a much.
    thanks !! very helpful post!
    amazing stuff thanx

  5. James Kahn says:

    Strange this post is totaly unrelated to what I was searching google for, but it was listed on the first page. You got me interested in penny auctions and I’m going to go sign up and see what happens!

  6. Navdeep Pru says:

    Thanks for that awesome posting. It saved MUCH time :-)

  7. potenzmittel says:

    Grützi
    Toller Blog, aber leider sehe ich nur die hälfte.Ist Euch das bekannt?
    Liegt das an meinem Safari?

    aus Frankfurt

  8. Kenny55 says:

    I just signed up and used DDEALFUN and I got a really nice discount on an mp3 player I’ve been looking for. Including the bids I used I only spent $20 on it! Its regular value is over $150, so I’d say I got a great deal. For anyone that doesn’t believe this works I say GOOD. Don’t sign up and it’ll be less competition for the rest of us. People said eBay was a joke and scam when it came out and now soo many people use it that it’s become saturated and the competition is too high.

    I kinda wish you didn’t give a positive review of Penny Auctions here cuz I don’t want to see any competition.

  9. potenzmittel says:

    Hallo
    Toller Blog, aber leider sehe ich nur die hälfte.Ist Euch das bekannt?
    Liegt das an meinem Safari?

    Alles Gute aus Köln

  10. Levinas says:

    I just chked out one of the sites you mentioned….dealfun, and I signed up for the big bid package. I lost one auction and just won another one for a new iPhone 4. I only had to pay $20 for it, this is the best thing since sliced bread… I hope the competition stays low though, won’t your site increase competition on these places?

  11. Vern says:

    A great post on the topic of penny auctions, it really opened my eyes to the possibilities. I’m going to give it a try and maybe even sell some of the products I get on craigslist.

  12. Pingback: Plundr Review - Why You Shouldn't Use Plundr | Penny Auctions EXPOSED - The TRUTH About Penny Auctions

  13. Chris Johnson says:

    These penny auctions are incredible! I used BiggerBidder yesterday and I won a new 3d tv, I can’t wait until they send it to me

  14. Lisa says:

    I purchased $150 worth of bids and I ended up winning a Worx Trivac Vacuum cleaner that retails for $150, plus a JC Penney $50 Gift Card AND a new iPAD! I can’t believe I won all these products for $150 total worth of bids and another $40 for the products and shipping and handling. This is incredible! Keep up the reviews plzzzzzz

  15. Allison says:

    I can’t believe this works! I didn’t want to sign up for any of these sites until after Christmas, so I waited. I just signed up with DealFun yesterday and I’ve already won myself $250 worth of Gift Cards!!!!!! THAnK YOU

  16. Jones says:

    I was looking for info on penny auctions and I found this site, it’s exactly what I was looking for. Keep up the good work, I just bought my dad a new stereo system through a penny auction

  17. keequeDax says:

    I just sent this post to a bunch of my friends as I agree with most of what you’re saying here and the way you’ve presented it is awesome. I’m signing up with these penny auction sites now, and I hope to win… fingers crossed !

  18. Helen says:

    Really good post on DealFun, I have to agree with you. I found the competition was really easy to beat on this site and almost non existent. Great site on penny auctions btw.

  19. Karen says:

    I’ve been visiting your blog for a while now and I always find a gem in your new posts on these penny auction sites. Thanks for sharing.

  20. Filiberto Beezley says:

    I was looking through Google for some information on penny auctions and I ended up finding your site. I agree with most of the reviews on here, but I did end up having a bad experience with Jeaper, so I don’t think you should tell people to try them

  21. Agustina Pallas says:

    You guys must invest alot of time working on this blog on auction sites. im impressed

  22. Stacie Strome says:

    man I had some tough luck in the last auction I was in, and I didn’t win. But I’m up a lot of money from these penny auctions so Ima keep at it. I just get frustrated when I end up losing an auction for a product I really want

  23. Elil Felson says:

    Hey, I just checked out one of the penny auctions you recommended and I won a new iPhone 3G,!!! i’m just waiting for the shipping now. thanks for posting up these reviews

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