DealDash.com

[PM_Mama00]

Has anyone ever used this? It looks too good to be true.

[lovespink88]

Took a super quick look so I could be wrong but it looks like its similar to those penny auction sights where you have to buy "pennies" in packages (and they cost way more than a penny) and then that's what you bid with. So while you won an iPad for $15, it really cost you way more because those pennies are not worth one cent.

On top of that, the penny auction website I'm thinking of (can't remember the name) allows auctions to reset with like under 10 seconds or something. So you could be the most recent bidder but then someone can swoop in and put a bid down and it will go back up to 20 seconds. Not sure if dealdash does that too.

That's the impression I got from 60 seconds looking on my phone so I could be way off. I'm sure if you had a system down you could save money, but again you're not getting an iPad for $15.

[honeychile]

I've done it. You have to buy bids (you're given your first ones), and they usually cost sixty cents. It's important to keep track of when they have sales on bids - as low at 15 cents/bid. If you place 10 bids on something and win the auction for $5, you've actually paid $6.00 for the bids plus the $5 for the auction or $11.00.

If you can avoid Auction Fever, and get your bids as inexpensively as possible, it's all good. But if you keep clicking and clicking to bid, then it's not worthwhile.

I've won four gift cards: two $10 gift cards for one cent each/one 15 cent bid, one $25 gift card for one cent/one 15 cent bid, and one #25 gift card for $2.28/four 16 cent bids. Yes, I keep track!

BTW, all shipping is free.

[AlwaysSAI]

Originally Posted by lovespink88

On top of that, the penny auction website I'm thinking of (can't remember the name) allows auctions to reset with like under 10 seconds or something.

Quibids, maybe? I've never used it but the host of my favorite radio show was singing it's praises one morning.

I just went to dealdash and it appears that after a certain period of time, no new bidders are permitted to auctions and the timer resets with every bid. It gets down to 1s, a new person bids and it goes back up to 10s. How does anything ever get won?

[AGDee]

Ok, I'm in this. This week, you only pay 1 cent processing fee for auctions you win- you don't have to pay the actual bid amount. So you only pay for bids and that 1 cent processing fee. So far, I spent $32 on bids (at 16 cents each during a sale). I've gotten $35 in gift cards. There were two auctions I didn't win after spending a lot of bids. I bought the gift cards at face value and got all my bids back. So at this point, I have more bids than I started with and am $3 ahead. The gift cards I bought at face value are for a place I do all my grocery shopping anyway, so I'm not out anything and it's money I'd have spent anyway.

There are definitely some strategies to this. Now I'm watching until an auction is close to ending. Because you can set up bid buddy to automatically bid for you, you can tell when it is down to 5 or 6 people. I'm watching one and when it goes down to 2 people, I'm setting up a bid buddy.

At this point, anything I get is free to me.