It Takes a Pro to Know at DealDash

Did you ever wonder why the same ‘ol people keep winning big at DealDash?  Well, one of those folks could be you if you just adhere to a few simple tasks.

First and foremost, stay involved with one auction, this is the most basic and simple way to win auctions consistently.  It may not be the most exciting way to win, but it is consistent.  Let’s say you purchased 1000 bids, and you want to win a razor worth about $150.  The formula to BIN would be 150./.15=1000 bids.  So now you have purchased the 1000 bids and set out to win your razor with 100 of them, ugh, mistake no. one.  You know you need 1000 but in the meantime, you run out and bid in 5 other auctions all while the razor is ticking away the 100.  Suddenly, you realize you need to put more bids on the razor, but you are short on bids now.

If you had put all 1000 bids on the razor, and won great, if you didn’t, great too, because now you can purchase the razor for $150 and get the 1000 bids back, so you wind up with the razor and your bids back! That is a win-win! Especially if you are bidding on a tight budget, don’t go out and bid on random items when you have a specific item in mind.

Second, I have found confidence in many bids, if you can swing it, buy 1000’s at a time, you are more confident in the auctions and (I) you tend to be more conservative and yet fearless with more bids.  This is not to say your couldn’t win with 200 bids, you most certainly can, I’m saying you will have more confidence, therefore not pull out, second guess you decisions and lose the auction.

Third, always know when to fold them.  Don’t overbid, it’s just foolish!  If you want something that takes 1000 bids and you don’t win after 1000 bids, but you go on and on and suddenly you did win with 1500 bids.  Now you’ve paid 50% more for the item, and you don’t have your bids back.  If you purchased it at 1000 bids, you’d own it and have the bids back, another win-win!

There are a lot of subtle nuances when deciding to stay or go in an auction, just listen to that inner voice, try not to overbid, it’s not practical and always keep your eye on the prize, if you spread yourself too thin, you may lose.  We’re all here for one reason and that is to win a great deal and people do it all day every day at DealDash!

Good Luck and Happy Bidding!!!