Online Auction Addictions, new Lowest Unique Bid Auctions

August 14, 2008 · Filed Under Website Reviews · 1 Comment 

So, lately I have been getting addicted to this hot new type of online auctions based on the Lowest Unique Bid theory. Basically, you have a bunch of members and a bunch of auctions and each user can place bids on the item. If at the end of the auction your bid is the lowest UNIQUE bid, meaning no one else has bid that same lowest amount that you have, you win the auction for that price!

Most sites using this theory require that you purchase bids in order to participate, but this new site GoLowBids is sweeping America by storm. I’ve already won a $25.00 iTunes Gift Card for a whopping $0.13 cents! GoLowBids sets themself apart by offering free membership with a total of 5 free bids per day. And if you are looking to have an advantage over the competition there are many different subscription options for you to chose from if you would like to upgrade. If you upgrade it gives you more daily bids and the ability to keep up with Lowest Unique Bid Survival.

Anyways, it is definitely something for you to check out if you are in the United States. If you aren’t in the United States atleast take a look over the site and see what kinds of items they have, as they will be opening sites soon specifically for the UK and AU areas. GoLowBids