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  2. DealDash - Wikipedia

    en.wikipedia.org/wiki/DealDash

    DealDash was founded in 2009 by William Wolfram, a 16-year-old Finnish entrepreneur, who had lost $20 bidding unsuccessfully for a MacBook on an earlier penny auction site. Wolfram had generated approximately $500,000 in affiliate sales a year earlier buying popular YouTube videos for $50, borrowed from his mother, then collecting revenue from ...

  3. QuiBids.com - Wikipedia

    en.wikipedia.org/wiki/QuiBids.com

    It is a retail website that operates as a bidding fee auction, also known as a penny auction. The company has been sued under allegations that it is a form of illegal gambling and that its advertising is misleading. It advertises the price products are auctioned at in QuiBids cash and compares them to US dollars without disclosing the different ...

  4. Bidding fee auction - Wikipedia

    en.wikipedia.org/wiki/Bidding_fee_auction

    Each of the bids increases the price of the item by a small amount, such as one penny (0.01 USD, 1¢, or 0.01 GBP, 1p; hence the name of the auction), and extends the time of the auction by a few seconds. Bid prices vary by site and quantity purchased at a time, but generally cost 10–150 times the price of the bidding increment.

  5. Penny auction sites are hot, but have more risk than reward - AOL

    www.aol.com/news/2010-08-13-penny-auction-sites...

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  6. A Money Saving Website So Clever You'll Think It's a Scam ...

    www.aol.com/news/2012-03-22-an-auction-website...

    Imagine a world of 20-cent lattes, $11 iPads and gas at 19 cents a gallon. That is the reality that entrepreneur Barry Shore is looking to create with YouNeverLose.com, a penny auction site that ...

  7. Consumer Alert Roundup: Penny Auction Sites, Advance Fee ...

    www.aol.com/news/2011-06-15-consumer-alert...

    Dicey Penny Auction Sites Penny. The Better Business Bureau has issued a slew of consumer warnings recently, so to make it easier for you to keep on top of them all, Consumer Ally decided to ...

  8. Swoopo - Wikipedia

    en.wikipedia.org/wiki/Swoopo

    Standard auctions began with an opening price of $0.12 and every time someone bids the price increases by $0.12. Other bidding fee auctions use different values - "penny auctions" use $0.01, 6¢ auctions $0.06, etc. The price of bids and the incremental values vary depending on the regional version of the site used. The auction ends when time ...

  9. Penny Auction Site Wavee Crashes and Takes Purchases ... - AOL

    www.aol.com/news/2011-03-04-penny-auction-site...

    After receiving 442 complaints over three years, Better Business Bureau officials are warning consumers to be careful using the penny auction site Wavee. Complaints against the site come from ...

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