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Winning Only Bid Packs at DealDash

1000-bid-packThere is an entire culture of players at DealDash that loves to just win bid packs.  If you plan on winning bid packs too, you should try to learn who they are.  The first line of defense is to watch a handful of bid pack auctions. Try watching more that one, it doesn’t help if you are only seeing a couple of players, you want to see who is bidding hard on the bid packs.

Write down a list of names and characteristics, this is a guide to your future bidding.  I am a firm believer in “planning” to win.  That entails shopping, setting alarms and showing up on time for an auction.  Once in the auction you can assess the players, and there are a few different types.

There is the guy who comes in and stays the whole time, they will bid many more than the bid pack price and usually are using free bids they got for Time As High Bidder to win.  They can be avoided by staying away from the auction, they can’t be in every auction, although some try, so you will have a chance.  There is no hurry, if you don’t get in this one, there is one right around the corner.  DealDash releases bid packs constantly throughout a 24 hour period.

Bid during the off hours.  Try winning your bid packs at night, there are usually less players, and you could win for less.  Also, start with small packs and parlay into bigger packs.  Don’t get caught up in a bidding war over a 150 bid pack, use only a few bids, you don’t want to use all the bids you have to get less than you started with.  Bids weigh the same, so whether you go for a 150 pack or a 1500 pack, you can win with a few bids, or it may take more, but why not go for the big pack?

I always bid on the front end of a bid pack, the end is so volatile.  There are some players who like to join in the auction long after others have bid many bids, so to out smart them bid early because the auction often ends long before they come back.  Being a Jumper doesn’t mean you win more, it’s just a strategy.

Stay away from Stompers, those who bid without using a Bid Buddy, if you value your free bids for Time As High Bidder, and you love bids if you’re bidding on bid packs, so you must simply get out of an auction with a stomper.  Stomping back doesn’t pay, it’s a lose-lose situation.

I love bids too, but I refuse to use 1000 bids to win 1000 bids, others don’t, get to know the difference between those two bidding styles.  The fun thing about bids is there are a lot of players who don’t play for them at all, so once you get to know the crowd, it’s just you, them and the Newbies…they love bid packs too!

Good Luck and Happy Bidding!!!

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The Powerbidder's Strategy to Winning DealDash Auctions Part 3 of 3


The importance of watching auctions.
“So if you know the place and time of battle, you can join the fight from a thousand miles away. If you do not know the place and time of battle, then your left flank cannot save your right, your right cannot save your left, your vanguard cannot save your rearguard, and your rearguard cannot save your vanguard, even in a short range of a few to a few dozen miles.”- Sun Tzu, The Art of War
Following on from part I & II.
Now do you see just how important it is to watch auctions and “get to know your competition?”
The bidders that are intently watching will see that the bidder who appears to have placed upwards of $1k in bid m (granted you’ll have to have been watching this for a few hours) and didn’t win likely didn’t want to lose their bids so they used buy it now to get their bids back. Say they spent approximately $1k in bids, 1,666 bids at $0.60 each. Maybe even more if they purchased the bids during a bid promotion.
$0.60/1000= 1,666.66.
Right now, for a limited time, with DealDash’s Christmas promotion bids are $0.18 each. $1,000/$0.18 = 5,555 bids.
Each bid placed by a bidder resets the auction clock by 10 seconds. Can you imagine just how long the $1k auction would go on for? 1 bid = an additional 10 seconds may equal 55,500 seconds (more or less). This is equal to perhaps at least 15 hours of bidding, then add another bidder bidding against this one bidder, and others every now and then. This is if the timer was reset each time towards the very last second of bidding (more on why you shouldn’t always bid last minute in a future tips article). Depending on the number of opponents and frequency of all users bidding, these two bidders could bid for well over 20 hours! Of course not all auctions last this long, but it has happened! This just goes to show that a penny auction on DealDash for a popular, high priced item could take a lot of time before it sees an end.
At $5.00 auctions are closed to new bidders, this is a good idea as it helps to decrease auction times and competition.
Should you be a powerbidder?
This is really up to you to decide, and there are other strategies that you could use that you will be able to learn about here in this blog in future articles.
Just remember it takes time, focus, patience and money (or winning a lot of bid pack auctions) to be a “powerbidder.”
What do you think of the powerbidder strategy? Are you glad that DealDash sets both time and win limits?
We want to hear from you and would be honored to feature your bidding stories here.
Don’t forget to share these articles with your friends!
 
 
 
 

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The Powerbidder's Strategy to Winning DealDash Auctions Part 2 of 3

Continuing on from where we left off yesterday in Powerbidder’s Strategy – Beat Them or Join Them? Part 1:
Should you worry about powerbidders?
Yes-and-no…
Thanks to the risk-free buy it now option on all DealDash products users can opt to buy an auction at any time while an auction is running.
When is the best time to use buy it now?
This is up to you really, but it may be better to show other bidders that you’re serious about winning and will bid until you have reached an item’s buy it now value before you use buy it now. All bids placed in the auction do not go towards buy it now, but will be refunded back into your account if you buy an item with buy it now, giving you back an arsenal of bids to try and win more items.
Why is powerbidding a strategy?
I know what you’re thinking.
Why would anyone want to spend more money on multiple occasions, especially when the object of DealDash is to have fun and win items for less money? Right?
A powerbidder likely won’t tell you, but if you watch auctions and find yourself bidding against them long enough, you will start to recognize who these bidders are. They “win some” / “lose some,” and that’s just their mentality and their ultimate strategy.
Often I’ve seen where a powerbidder wins high valued items such as iPads and laptops with just a few bids – we’re talking HUGE savings. Perhaps their opponents shy away from bidding against them because they were “cleaned out” by these bidders before and just don’t have the time, patience, or amount of bids available to go head-to-head with them again.
DealDash is a very popular penny auction site and therefore has a very large userbase. Let’s just say there’s a time when the only bidders around, everyone else has met their 9 items/week win limit, and the only bidders in a particular auction are ones who have gone against these powerbidders before and lost. Who ends up winning, sooner rather than later? While not totally possible to predict, the established, hardcore powerbidder is usually likely to prevail.
What if a powerbidder gets in a “bidding war” with another powerbidder?
This is when two bidders who seem to always place a lot of bids are consistently bidding against each other.
Watch out, and get ready for what could be a very long battle to see who has more bid ammo, and patience. Chances are, at this point, one of these powerbidders will choose buy it now and the other may win.
Let’s just say the item they’re bidding for is one with a $1,000 value. Bidders will watch to see if either bidder, or some will try a few bids with hopes of winning, watching to see if either consistent bidder will drop and use buy it now to come in.