Penny Auction Websites

I looked up these sites after a friend on facebook posted a picture on how he bought an itunes card worth $125 or something for over 90% off. Here's the short explanation. The prices start at 0 and raise a penny usually with every bid, and each bid adds time to the auction, selling at a massive discount while the website obviously makes a huge cut. Here's why: the bids cost around 60 cents varying with the website. While some offer safety mechanisms so people don't end up wasting their bids, don't count on buying a lot of bids. There are more losers than winners and a lot of times the winners just power their way through wasting a lot of bids and not even getting a good deal. You could make teams to outlast the most powerful bidders and split the winnings but that same time could be spent finding better ways to make money.  Here's what you can do. Certain sites have promotional codes for free bids. I got 16 free bids. I blew the first 9 trying to win bid packages. I had 7 left, but I had realized that you need to find something with cautious bidders and get lucky in the end, with each bidder hoping another will keep it going. That means never go on anything big unless you have the combined power to take on everybody else. Anyway, with 7 bids left, it took only 2 bids for me to win a 64 oz stainless steel flask they valued at $30. Of course you could get it online for as low as $15, but I only had to pay around $5 and most was shipping and tax. I felt like a winner, but realized that people blow their money on these feelings. I'm therefore going to stick to using promotional codes for free bids. Here's the website: http://adf.ly/1Tu4Y   The promotional code I used was espn. Don't trust these sites by investing in many bids unless you are doing so with the risk understood. They are cheating everyone, so figure out how to cheat them.