Getting sick of eBay’s repeated security breaches? You’ve probably considered some alternatives, one of which might have been the penny auction site Madbid.com. Amazing prizes at remarkably low prices are available, but is winning an auction at this site really possible, or is it just one step away from gambling? What Is A Penny Auction? The idea of the penny auction is simple: each time you make a bid, the price of the item increases by a penny. When the clock finally makes it to zero, you win. Offering low prices prices to the winner is an interesting gimmick; an...
Read the full article: Why Penny Auctions Are Not The eBay Alternative You’re Looking For
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