Author Archives: Jamie

Penny Auction Sites - Are They Legit?

Top Penny Auction Sites:

#1 Beezid Low pricing, Easy to use Beezid Beezid-ReviewsBeezid Reviews
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#2 QuiBids Many Products, Great support quibids-reviews quibids-reviewsQuiBids Reviews Visit Site
#3 BidRivals Great deals, Up and comer BidRivals-Reviews BidRivals-ReviewsBidRivals Reviews Visit Site
#4 BidCactus Reputable, Competitive prices Bidcactus-reviews Bidcactus-reviewsBidCactus Reviews Visit Site
#5 Bidz Jewelry only, Big selections Bidz-reviews Bidz-reviewsBidz Reviews Visit Site

You've by now seen the t.v. commercials, seen it on the news, and maybe even taken a peek at one of these penny auction sites yourself.  Looking from the outside in it's almost hard to believe someone is able to get a $500 ipad for $73.18, or a $1200 camera for $14.40, or a $3097.99 t.v. for $83.12, or even a $16,000 car for $320!  Many of our reviewers and search team even found it hard to believe at times, even after contacting and speaking with actual winners of various products.  Each story sounds the same and it goes like this "I was skeptical about it at first, but my excitement got the best of me and I decided to give it a try.  I didn't have any special training other than some gut instinct and wanting to get a deal on a great item, and I did!"  We said wait a minute, is this like winning the lottery, this sounds way too good to be true. Here are the facts: this is an actual auction taking place between you and other people, and only 1 person can win that item.  There are actual items that are won daily, shipped to peoples houses, factory sealed and shiny brand new.  Some penny auction sites are better than others, and every site will function differently in the way they operate and how much they charge.  Now before you feel overwhelmed by any of this, we want to help in giving you some straight forward advice, and help you to review sites like Beezid, Quibids, BidRivals, BidCactus, Bidz and many others in order to make an informed decision on whether you should try a penny auction site.

Where Should I Start?

Lets start out by giving you the short of the long about penny auction sites.  Some are legit others are not, some are easy to learn, others are not.  We've taken the time and done the research on sites like Beezid, Quibids, BidRivals, BidCactus, Bidz and others and broken down both the good and the bad with each auction site.

After all the sites we reviewed, we found one site that was above the rest, in a word it was Beezid.  All the sites we've decided to present in our top 5 have made the cut when it comes to being trustworthy, user friendly, delivered as promised, legitimate, and worthy of our stamp of approval.  You can't go wrong with our top five, but if you're looking for the best of the best, start out with our Beezid reviews, and avoid one of the biggest problems newcomers face: picking the right penny auction site.

Beezid Reviews

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Rating: 5/5 *Editors Pick

This Beezid review will cover the pros and cons and what to expect.  Beezid is one of the leaders in a new online trend, that of penny auction sites. These are similar in style to eBay auctions, however they follow a far different overall flow. In this case every bid raises the price one penny, but bids must be purchased in bulk beforehand. While some people have deliberated over this, a smart penny auction goer can earn some incredible deals on everything from electronics to video games to more bids for future auctions on bigger tag items. If this sounds interesting, read on for a Beezid review.

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Quibids Reviews

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Rating: 5/5

These Quibids Reviews will help you in making a decision on whether this penny auction site is the right fit for you. With the huge array of different penny auction sites out there, how are you supposed to know which are legit and which aren't? Quibids is currently the largest penny auction site operating out of the United States, and when you Google "Quibids Review" you find happy reviews and the same three sites bashing all penny auctions, or all except the one that they are promoting. When you type in "Quibids scam" you'll find some blogs (also often bashing all penny auction sites and citing incorrect information as they do it) bashing the practice of penny auctions more than anything. Our attempt in this Quibids review is to give a 3rd party view at both the good and bad, and whether those crying "Quibids scam" are biased or not.

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BidRivals Reviews

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Rating: 4.5/5

This BidRivals Review will cover the basics of their program and how they compete with some of the other top names among penny auction sites.  BidRivals is an often mentioned or reviewed penny auction website which has garnered a lot of attention due to its large customer base and heavy emphasis on electronics. While there are other items that can be bought from these auctions, there's no question that even above and beyond what you normally expect out of a penny auction site that BidRivals really focuses on electronics like video game systems, cell phones, TVs, and other similar items. So how does BidRivals stack up to many of the other penny auction sites? Read on to learn more from this BidRivals review.

 

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BidCactus Reviews

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Rating: 3.5/5

BidCactus is probably among the five most popular penny auction sites and is popular with many penny auction fans who like a wide range of products to choose from as opposed to the specialized or smaller niche based sites. While this site has many things in common with the other penny auction sites out there, there are also several things which set them apart.

 

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Bidz Reviews

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Rating: 3/5

Bidz.com is an example of a true auction site where bidding is done over the specific items offered in increments of $1 up to $100 or in increments at 5% of the total bid after the $100 mark. Whoever ends with the highest bid wins the item for that bid amount. Unlike many other online auction sites, Bidz.com is not a penny auction site in the traditional sense and they are a specialty niche site which only deal in fine jewelry.

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