Los Angeles, CA -- Dec 03, 2012 / (http://www.myprgenie.com) -- Speed and skill are two factors that ShopyBids members embrace when participating in the pay-per-bid site. Contestants purchase bids ahead of time at a cost of $0.60 per bid, and use them to bid on favorite products and bargains.
The popular, best penny auction site is not a gambling portal. The online auction is growing in popularity, likely due to the fact that there is no 'random' element that casino games usually include which involves dice, cards or spinning wheels. ShopyBids auction appears more like a sporting event, where people compete against each other on a level playing field.
A bidding fee auction, also called a penny auction, is a type of all-pay auction where participants pay a non-refundable fee to place a small incremental bid. When time expires, the last participant to have placed a bid wins the item and also pays the final bid price, which is purportedly significantly lower than the retail price of the item.
Participants pay a non-refundable fee to purchase bids. Each of the bids increases the price of the item by a small amount, such as 0.01 USD (1¢) or 0.01 GBP (1p), and extends the time of the auction by a few seconds. ShopyBids.com is owned and operated by Shopybids, LLC and is registered in the United States in the state of Delaware as a certified legal entity. The Company is committed to providing the highest level of privacy and security to its customers.
Shopybids.com also offers its customers a buy it now features where they can purchase online auction products directly at a discount without having to bid on the items first. Featuring products such as laptops, Smartphone's, and iPads and HD TV display monitors, users flock to the best online penny auction site to attain cutting edge products at a reduced rate.
Why Choose Shopybids
1. Free Sign Up
2. Free Shipping
3. 100% secure payment options
4. Protection of your information and privacy
5. No limits. Wins without limits
There is more for the beginning bidder with auctions tailored to the inexperienced such as the Beginners Only Auctions at Shopybids.com. New visitors are encouraged to visit the site and become familiar with how it works. All shipping is guaranteed for items purchased and won on the site and there are plenty of real member reviews to explore.
Learn more by visiting www.shopybids.com