Red R.

Bill B: That was a good overall review of SwipeAuctions but here are some "Fun Facts" on this entertainment shopping penny auction.
Current retail price given by SwipeAuctions is $0.60 each and that price is used to inflate the retail prices given to any merchandise such as laptops and iPods when bonus bids are added.
At last look SwipeAuctions had 9 pages of auction items, 20 to a page. Of these possible 170 to 180 auctions 100 or more are of Bid Packs of 40 bids. And as many as 20 more auction items of Bid packs ranging from 500 to an incredibly smart purchase of 100,000 in one pack for the bargin price of $4495. 00 ($60,000.00 Retail it says on top) You don't have to worry about missing out on that auction because they come up every 5 minutes.
In all, there is about 150,000 individual auctions daily possible and the percentage of bid auctions vs real merchandise is about 99% in favor of bids.
If you leave out the smart buy of the 100,000 bid pack auction (28 million bids offered per day) you will see a total of nearly 15 million bids offered for sale and close at auction in a 24 hour period. The normal price paid per bid averages between $0.03 to as high as $0.05 for the normal bidder while the Power Bidders have been able to scoop up many millions of bids earlier this month for as little as $2.50 for a Bid Pack of 25,000. These power bidders still run away with most of the large bid packs of 1, 000, 2, 000, 5, 000 and larger, that auction prices start at $1.00
Doesn't this all seem to you as an entertaining way to spend your time, collecting all these worthless bids like raffle tickets and gambling on the chance you will get enough to win a prize that the power bidders may not be interested in?