Beezid is a penny auction website wherein the bids go up by one cent every time a bid is placed. This form of bidding is a bit different from other auctions, in that you purchase your bids prior to the actual bidding.
This is an interesting idea since you do not pay for any membership or access fees, as well as a bidding premium. Nevertheless, you do lose your bids even if you lost in the auction. The bid packs are offered for an undisclosed amount until you sign up. They do have offers if you register for a particular week, where you could receive 10 free bids.
I have a few experiences with this website since I actually signed up last year, and in a short period of time, I became aware that I was spending way a lot of money on the outside for a small possibility to win an item.
If it is costing you $25 for a set of 50 bids you can effortlessly go through those bids in a single auction. Every time a new bid is placed on an item, an additional fifteen seconds is set on the clock. Most folks that are active on this site watch out for the last seconds to bid, in order for the clock to reset many times over. It could be an exciting environment to place bids but before you know it, every single bid of yours are gone.
I guess if you succeed in winning the item then it is a good way to go, but the quantity of items that they have for grabs is limited and there are so many people that are placing bids at the same time, so the odds of winning is pretty slim.
About the Author:
Do not get scammed with penny auction sites. Read our Beezid review at PennyAuctionSites.Com.
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