Sunday, May 20, 2012

Exciting Penny Auction Variations

If you are bored of traditional penny auctions with a timer that increases each time a bid is placed, you should check out other forms of penny auctions. The industry has a come a long way from the traditional model and some of you will find that more fun and better returns.

My favorite is PennyGrab simply because they have a Buy Now and gifts at regular intervals. This means most bidders actually win something, and it is not hard to formulate a good strategy for almost guaranteed wins. The site has grown into a very loyal bidder community who actually help each other out (no power bidding, for example). Another great feature is you can chat with your fellow bidders which is really cool.

Do you know of other exciting penny auctions with different models? 


  1. There is one coming soon called Bidsson that is going to offer very High End items, like Ferraris, Porsches, and gold bullion. Learn more about it at

  2. hey man, I am wondering, did you try Quibids Dealcent or Ziinga? You can read them on CNN Blog