How it all Works.
What is a penny auction?
A penny auction is a competitive game you play against other members. A game based on skill. All trying to win the auction at the lowest price. Also known as Pay Per Bid Auction. You buy bids in advance. The bids give you the right to participate in auctions. All bids used are considered spent and are not refundable, win or lose.
To bid in auctions.
To participate, you must first register and become a member. You will get 20 free bids to start with and you can collext 4 free bids each day just for logging in and bidding on our free to bid bonus auctions. No credit card information required for registration. You must be at least 18 years of age to participate.
Bid Packages are available in 40, 100, 200, 400 and 1000. After purchase, they will appear in your account immediately. Bids cost 25 cent each.
Start placing your bids on any active auctions. Use them wisely.
If you are the last bidder when the timer reaches 00:00:00 and there are no new bids placed, then you win the item. All auctions are capped at $0.00. Never pay auction ending price again. Free To Win. Placed bids are non-refundable.
What you see in the auction window.
1-Auction #: Shows you the auction #. For easy reference and tracking.
2-Image: Lets you see what you are bidding on.
3-Discription: Tells you exactly what you are bidding on.
4-Retail: This is the exact price AreaBids paid for this item. We will never inflate the retail price on any auction.
5-Item Price: Current high bid.
6-Member User Name: Is currently winning this auction. If there are no bidders, this space will be empty.
7-Time Left: How much time is remaining before auction closes. When the clock falls below 15 seconds and someone bids, the clock will reset to 15 seconds.
8-Bid Now: Click the Bid Now button to place bids.
9-MyBids: Shows how many bids you have left in your account in real time and from every auction window.
10-Auto Bidder: See Below.
How to set auto bidder function.
1-From: Will start bidding when the value is equal to or greater than the Auction price.
3-To: Will stop bidding when the value is equal to the Auction price.
2-#Bids: Will stop when the number of bids placed for you equals the value of #Bids.
4-Any Time: Will start bidding anytime.
4-15 seconds: Will start bidding at 15 seconds.
4-10 seconds: Will start bidding at 10 seconds.
4-7 seconds: Will start bidding at 7 seconds.
6-Start AutoBid: You can start AutoBid with any combination of settings. Or simply start AutoBid with no settings and the auto bidder will bid for you any time you are not high bidder. The green color indicates auto bidder is active.
Order Of Execution: The first bidder to start auto bidder in any given time slot will fire last. "will be high bidder". Example: If 3 bidders start auto bidder, the first bidder fires last, the second bidder fires second, the third bidder fires first. You can mix and match any fields in the auto bidder. To stop, just click again and the auto bidder will stop.
5-Note: The AutoBid function executes on the server not your browser. For this reason it does not auto update your remaining bids in the auto bidder. To update bids remaining in the auto bidder click the word "or" link between the settings "TO" and "#Bids". This will instantly show remaining bids left on the auto bidder when applicable.
Two wins per day. Clock is reset at 12:01am each day.
Ten wins per week. Clock is reset at 12:01am on Sunday each week.
Free To Bid auctions.
Free To Bid auctions. No cost per bid. Free Shipping. No bid pack purchase necessary.
All Bids Back auctions
All Bids Back auctions. When the auction closes, all bidders get their bids back, including the winner. This is the best deal anywhere!
Blind Auctions. On this auction, all user names are hidden until the auction is over. It works exactly the same as a regular auction except the user names are hidden. When you bid on this type of auction, you can see your own name but no others. You will always know if you are high bidder. All bidders will see, is a random 6-digit number in place of the high bidder user name. Each bid will generate a deferent number even if the same bidder bids twice. Auction bid history will be available about 15 seconds after the auction closes with the real user names of all bidders. Good Luck.
We know that this type of auction will change the strategy of some bidders. Please understand that last second bidding is risky.
News & Updates. 11/6/13|
We are sorry to inform everyone that tonight is the last night for AreaBids . We gave it our best shot and had a lot of fun running AreaBids. Everyone can clearly see the obstacles we face.
Give us 3 days to audit all member accounts. For members that have less than $10 in paid bids left in their accounts, you will receive an Amazon Ecard. Members with greater than $10, please email or call us.
If you have unclaimed wins in your account, please claim them as soon as possible so we can get your wins to you.
We will leave AreaBids up for awhile so that all members will have opportunity to manage their account.
If you are interested in buying our domain AreaBids.com and or our software. Please contact us.
Note: In the event that AreaBids is sold to someone else, no member data is included in the sale. All members will be contacted by us asking if they won’t to move to the new site. We promised our members that we will protect their personal data and we will. No personal data will be transferred.
Paul J Neal
|Daily Win: || - 2 |
|Weekly Win: || - 10 |
Last 5 Winners.
|$25 Best Buy Gift Card Retail $25
|Bonus. 2 Free Bids. Retail $0
|$25 Amazon Gift Card Retail $25
|$25 Walmart Gift Card Retail $25
|$25 Target Gift Card Retail $25
Current Server Stats.
|8||- On AreaBids Now|
|372||- Total Members|
|2||- Live Auctions|
|4605||- Closed Auctions|