DealDash – what’s DealDash.com?
DealDash is one of the longest running penny auction, pay-to-bid entertainment shopping auction sites online, but what’s that?!
What’s a penny auction and how does it work?
A penny auction site is an site with “auctions,” but not auctions like your typical eBay auction. They’re auctions in that there’s a set opening time, item, and environment with competition, but there’s a twist!
Penny auctions don’t end as soon as the time hits 0 and the highest bidders has made his bid. Penny auctions end when no one else places a bid against a bidder and the timer hits 0. So bidding on a penny auction could go something like this:
1. There’s an auction item that you really want.
2. You need to place bids to win it.
3. But, you need to purchase bids!
Yes- bids are not free on DealDash or any penny auction – penny auctions really are a fun twist on traditional auctions. You must first sign-up to bid, then buy bids. You can buy bids in a number of amounts from a smaller bid pack to a larger one, it’s totally up to you. Bids cost $.60 each on DealDash unless you buy them at a discount (right now they’re on sale for $0.14).
4. So you now have bids – You can start bidding on the item you want.
Let’s say you’re going to place a bid now, right after fairlighti and the bid price is currently at $0.45 for a 15.6 inch Dell Inspiron 15″ laptop. The price is at $0.45 – the beginning auction price is 0 – once a bidder places a bid it increased by $0.01 and 1 cent with each subsequent bid to bring it to the price it’s at now, so 45 bids have been placed on this $477 Dell laptop. So as you can see the time is at 10 seconds, fairlighti just placed the bid – once you place a bid – either at 6 seconds left or 9 seconds, the timer is reset again to 10 seconds, the clock ticks down and other bidders could place a bid. The only way you can win is if everyone else stops bidding.
So what if you were lucky!? That would be awesome! If you could win a new laptop for $0.46! It’s possible… While the winning price is $0.46 you would pay for the bids you already bought (the value of 1 bid = $0.60) + the end price =$1.06. Shipping is free! DealDash ships all of their items free of charge!
Have you bid on DealDash? Make sense now, or have any questions? Let us know!
Useful tips on how to win auctions