Joined: May '09
Location: India
Age: 37 (M)
Posts: 4873
didnt notice the banners but got a mob mail about it. looks like a penny auction site, u bid to win a prize. min withdrawal is 50$ anyway gonna give it a try laters maybe
Joined: Nov '10
Location: Serbia
Age: 37 (M)
Posts: 2087
Posted by Flippedchips: dont know much about these heard of them, where the hell you been anyway jovi
LOL I was in home, by computer, busy playing HU on Stars and... WATCHING WHOLE 6 seasons of LOST!!! That is addictive s**t I can tell ya! I love mystery adventure sort of movies and this series was WOW
Joined: Mar '11
Location: Germany
Age: 55 (M)
Posts: 1242
Never heared of this site and I am afraid I really don´t know how this shoul work. Would be nice if somebody who tries it can share the experience with us...
ive just signed up to the site got my free 20 bids but carnt play them cause the games are paused, have to wait 5 hours, yes 5 hours untill there start again, think they have sort out the times of play if they want customers imo,
Joined: Apr '09
Location: Portugal
Age: 44 (M)
Posts: 4827
Playing poker whyle watching LOST? Just for saying it i am already laughing, you have to admit this is hilarious! About the new bid game, it looks somehow interesting, if one's able to not do anything else than taking atention to that game, hoping to be the only one doing that at that precise moment so that you can win that auction... It can looks tyring from this perspective, but i really think it can be a good way to go get some more bucks at the net to finance online expenses, like online poker!
------------ Playing poker whyle watching LOST? Just for saying it i am already laughing, you have to admit this is hilarious! About the new bid game, it looks somehow interesting, if one's able to not do anything else than taking atention to that game, hoping to be the only one doing that at that precise moment so that you can win that auction... It can looks tyring from this perspective, but i really think it can be a good way to go get some more bucks at the net to finance online expenses, like online poker!
Joined: Mar '09
Location: Greece
Age: 47 (F)
Posts: 14136
Its just a bidding game were the only thing that you have to do is to be the last bidder before the auction ends. It stops receiving bids 15 secs before it ends i think. So if you are the last one you get the money Simple gl all
Joined: Jun '11
Location: United Kingdom
Age: 52 (M)
Posts: 1332
had a look and dont get it,every bid adds 15 secs to the time untill it goes below 15 secs( why are people bidding with 30mins to go?)i also looked at previous games and see a guy bid 167 times to win $75 and 100+ for $25 @ $0.70 a bid,so he won $100 and spent $187???????
Hi Everyone! If you have any questions about anything we are happy to help. Support has live chat now and you can always pop us an email. We have responded to some things already in the other thread, but here is some more...
dozn01, well, the good thing is you don't have to worry about the auctions running during working hours! It is more targeted towards North America now, which is why we have those hours, but as soon as we have enough interest we will open it up to 24/7.
callie28, yes, you are right generally you don't want to spend $187 to win a $100 auction! But if you are a power bidder, you want to show people you will win no matter what, so you go crazy at first. Then regular players know that you are a power bidder and tend to stay away from you during auctions. So it is similar to a bluff and an investment for the future.
Joined: Jun '11
Location: United Kingdom
Age: 52 (M)
Posts: 1332
Hey CashArena without being too negative but IMO the Canadians may go for this but i dont think the Europeans will be all that impressed so with regard to opening 24/7 i dont think it will happen,i also read you pause the auction if theres not enough traffic,and you run at a loss?how can that be possible if your making $335 for a $15 prize?also i see that if the clock hits 14 secs then it goes no higher so its only the person with the most money that can win so why not just start at 1min and let them go mad at the end?
you run at a loss?how can that be possible if your making $335 for a $15 prize?
That was just one auction, and I have to say yesterday with all the free bids given out from BankRollMob all of our auctions were really inflated. Before the promo we have had many auctions end for just one or two bids! You can actually check our stats at a third part site, allpennyauctions (dot) com. All the prices are super inflated however due to the BankRoll Mob Campaign, and unfortuantely they don't go further back than 1 day However our ultimiate goal of course IS to get more bids in total for the price so we can make a profit. Yes, in the end we are running a business and want to make money. Same as poker rooms. But we have only been live since August so are still trying to recruit players in order to make that happen.
so its only the person with the most money that can win so why not just start at 1min and let them go mad at the end?
Part of the reason is to attract people to the auction. If it was just 1 minute to go, we would be a) having too many auctions through out the day, increasing our costs and current losses, and b) people may not even realize an auction is up. Of course it would be fabulous if we could afford to have an auction end every minute or even every 5 minutes. Right now it is not realistic with the amount of users we have.
Also, it isn't just about the most money. You can sit there, watch two players battle it out, jump in when YOU think they ran out of money, and win with only a few bids! So yes, luck is involved reading other users behavior and when to participate or not in the auction, but there is some skill as well.
I noticed casharena is a Canadian owned why don't we have more options to withdraw? I noticed US members have more options than Canadians. Should we have more?
I mean to withdraw I need to make min 150$ which won't happen unless I buy a alot of bids. I won a 50$ auction bought bids and used them all on one auction some other guy that won it was had a million bids lol spent more than the auction!
Joined: Sep '11
Location: United States
Age: 34 (M)
Posts: 1
Smokim, my posts keep getting deleted but I will try again. I looked up who you went against on allpennyauctions.com (they track everything). The bidder you lost the most bids against is the user "unlimited" and he is the number 5 or so bidder on the site. He like many of the other bidders bet way over retail so they get good wins later, and about an hour ago he got a win on a $150 auction for just 8 bids. ( link here **REMOVED BY ADMIN-VIOLATION OF OUR RULES**) that is the strategy.
If you are going to bid guys do your research here
**REMOVED BY ADMIN-VIOLATION OF OUR RULES**
By the way, my account name is nochance. you can check me out on APA too! I have done pretty well for myself.. it is possible!
Edited by Administrator (06 October 2011 @ 13:41 GMT)
Joined: Jul '11
Location: Brazil
Age: 39 (M)
Posts: 130
That is a good chance to make some good money in some tiny time. Mob is always innovated and bring us diferrents ways to be happy. Keep on do the right job to us ant to you. Nice
Joined: May '09
Location: India
Age: 37 (M)
Posts: 4873
@ smokim - what did u expect lol, you did manage to win once but of course u cant fight against people who have dont care how much they spend. the only so called strategy here is spend more than you gonna win.
Posted by ABidder: my posts keep getting deleted but I will try again.
isnt it obvious to you that you are doing something against the rules. you are not allowed to post links of that site here.
I love mystery adventure sort of movies and this series was WOW 
