After being a LONG time Ebay user, both buying and selling, I decided to see what all the hub bub about the Penny Auctions was. I enjoy auctions, both online & in person. Are they all a gamble? Yes. Do you need to do your homework when using the online services, ie: watching the bidding patterns of the frequent players, especially those that win frequently, checking out the best retail prices for items you want, then setting a limit for yourself in the auctions, yes. If you study the patterns, stop when you've reached your pre-decided limit, you can win the game, aka auctions. It's similar to Vegas, decide what you can afford to lose and don't allow yourself to go pass that. Learn what the slowest days and hours are, when less people are likely to be on to bid against you for something you really want. Don't expect to join a Penny Auction House, and win a high dollar item first thing. I've joined 3, and Beezid is my favorite. Are they in it to make money, of course. Is it a scam, I say no. No more so than a Casino. Though your odds are better online. In the short time I've played, to my luck my first and now the only person I will ask for is Angelo. He's my "coach". I have bugged the heck out of him, with dozens of explicit questions and he's never failed to give to straightforward, honest answers. Even if I don't like what Im hearing, but I've learned quite a bit about the in's and out's of the penny auctions from him. My only complaint about the company is that it takes 2 - 3 weeks to get the merchandise you've won. But as I never bid on anything that doesn't have free shipping, I'll take that trade off. I've bout a couple hundred dollars worth of bids, with the items I've won, the house is about $30.00 ahead. But that is my fault, one auction I should have stopped bidding in, but as they say, I got emotionally involved and stayed in it longer than I should have. Yes I've lost a number of auctions, but again, the ones I have won compared to what I'd have paid retail was insanely low and saved me literally hundreds. As for high ticket items, I've lost an Ipad mini by seconds, due to my child deciding what was on tv was something I HAD to see NOW. Lol. I've also won a lower priced tablet that would have cost me $100.00 or more, for less than $10.00. As for that Guaranteed Win so many think is sinister. It works like this... When you join you are guaranteed to win an auction, its not going to be some huge ticket item, but in a series of auctions that run that only new members can bid on. If you don't win, your bids are returned to you, for myself and others (again watching patterns) most tend to finally win one of the GW Auctions within a week, once you do, you can no longer bid on that group of suctions and on top of winning that item, you are given some promotional bids to use within a set time. There is no glitch, it's just the new bidders bidding against eachother, learning how the system works. Stay, leave, whatever suits you. But from what I've seen, they offer a better selection of items than some other places, the competition isn't as stiff as others that are on the T. V. in Commercials all the time. For me, I'm staying. I know they are their to make money, but approaching it as a game with only what I can afford to lose, just as I do on trips to Vegas or Reno, and I have fun. Plus, unlike the Casinos, I know I can pick up the phone, ask for Angelo and if he's on, I'll get answers to any questions or told what I did wrong in an auction.