Automatic Bidding In Penny Auctions
You have heard of penny auctions a number of times, but your busy schedule has prevented you from taking part in them. What's more agonizing is that when you finally manage the time to log in to the auction site, you find the product you thought you would put your money on has been won already by someone else.
Although good penny auctions sites are never short of attractive items, you may fail to get the timing right quite a few number of times Oakley Men’s Sunglasses. You just about don't make it before the auction for the slick laptop or the home theatre you longed for is over. Well your coveted items can slip right through your fingers even if you had the time to bid all the time, but this way you are losing without a fight. Also you are deprived of the thrill involved in these auctions.
Don't loose heart. Some penny auctions offer automatic bidding on your behalf Ray Ban Sunglass Brand Wholesale. The automatic bidder starts and finishes bidding within your chosen price range, and bids only with the amount of bids specified by you. You don't need to be connected to the Internet when the automatic bidder bids for you. And people do win a lot indeed by using this proxy bidder.
The automatic or the proxy bidder does all the strategizing for you needed for participating in penny auctions Cheap Louis Vuitton Export Sunglasses. It's pretty simple to set as well. Just enter the price at which you want the automatic bidder to start bidding, as well as, the price at which you want it to stop bidding. Besides, you also need to specify the number of times you want the proxy to bid for you.
However, it's not that you will have to wait for the automatic bidding you started, to end, even if you want to actively participate in the auction yourself. You can always stop the automatic bidding any time you want in penny auctions. All unused bids will be credited to your account immediately.
Automatic bidding makes penny auctions all the more thrilling. Anytime between 1 and 10 seconds before the bidding ends, the proxy jumps in with a bid, keeping other bidders guessing all the while. The auction is extended by some seconds. If there are more than two automatic bidders, then all automatic bids are placed at the same time, and the time is added up instead of resetting. For instance, if there are three proxies, and the auction reset time is 20 seconds, then time added to the auction will be 3 multiplied by 20 seconds = 60 seconds.
