Toppennyauctions.com (TPA)The New Internet Auction Sensation

Jan. 8, 2010 - PRLog -- What ever the outcome, the fascination with penny auctions is out of control. TopPennyauctions..com, located right here in Palm Bay Florida  is one of those fast rising internet penny auctions and TopPennyAuctions.com and only TopPennyAuctions.com wants you to get the whole story so you can make up your mind. We invite you to visit us for a free trial of our penny auctions but only after you have read the writings below.

Tips for live penny auctions

Gambling hasn’t got anything to do with an always random chance that your investment will not pay off. Like with 21, gambling can be in a very controlled environment. I believe the outline of the site definitely constitutes gambling what with the chance versus reward system and it’s definitely a 0 sum game.
Folks keep bidding, as the costs seem so low — but since everybody has to pay to bid, the corporations ends up making a lot of money — often many times the exact value of the product. Basically, the company and whoever’ wins’ the sale are probably going to make out okay — while each other bidder loses. Apparently, there are a number of such sites doing similar models, and the United Kingdom presidency is spotting that it’s pretty similar to betting and doubtless should be regulated as a gambling site.
The reasoning is that folks are paying money and may not get anything back for it — which makes it similar to gambling. However , dependent on how these sites are run, it’s not as though the results are a genuine gamble — it’s still about whoever bids the highest for a good, so it sort of feels like a stretch to call it gambling. It is a dumb move to get involved in any of these auctions in the 1st place ( in numerous ways worse than betting ), but that doesn’t necessarily mean that they need to be regulated like gambling sites.
This is actually a patent-protected method of auctions that was’ invented’ in Israel around 8 years ago. It was quickly ousted for being exactly that – betting.
I usually agree with Michael, but in this example he is the one with his head in the sand. In any gambling endeavor, there’s someone that wins. Nothing’ different’ here.
In the final sense, this isn’t different ; it is equivalent to’ liar’s poker’ and similar games - it is betting.

Bidding Tips –
All You Need to Know About Bidding Techniques at Auctions

Bidding has a tendency to increase in regular increments unless the penny auctioneer determines otherwise. If the bidding has been proceeding from $1,000 to $1,100 to $1,200, and you need to bid $1,250 instead of $1,300, you can indicate this to the penny auctioneer by raising your arm and holding your hand horizontally at your neck, with the palm down. This tells him that you would like to chop the increment by half. You can also do this by calling out the amount that you want to bid, although you should not attempt to do this too frequently. .

Auction bargain
Online Auctions are great. Not only do you have a chance to win an item at a great price, but they’re fun and exciting. Online auctions have revolutionized the way that auctions are conducted in the U.S.A Whether it’s property auctions, government auctions, or police auctions, Internet auctions have become one of the largest most successful ways to auction items.
There are a wide variety of online auction sites. Largely unknown in the U.S.A are Penny Auctions, where the bid price increases only in increments of a penny at a time. Unlike traditional online auctions where a bidder can decide to bid as much or as little as they want for an item, in a penny auction you can only bid one penny higher than the previous bidder. So for example, a new big screen TV. will start at a bid price of $0.00. When someone places a bid, they can only increase the price of the item by $0.01 cents. So the winning bid for the TV is now 1 penny. Now someone else decides to place a bid, so the winning bid goes up to 2 cents, and so on.
Like all auctions, weather they’re online auctions or traditional live auctions, the bidding is over when the time expires on the item. However, with penny auctions because the bidding increment is so small, many penny auctions will have an expiration time that is shorter than the typical online auction, like 5, 10, or 30 minutes. In most cases, every time a new bid is placed on an item, the timer resets to it’s original expiration time. So using our example above with the big screen TV. if the timer is originally set for 10 minutes, the clock starts counting down. When someone places a bid, the clock resets to 10 minutes, and begins counting down again. If someone else places a bid, then the clock resets, and begins counting down again. However if no one places another bid, and the time expires, someone just won a T.V for a GREAT BARGAIN!!
So what’s the catch? How can anybody really win a TV. or an bipod, or any thing for that matter for pennies in an online auction? Well, you have to change the way you look at bidding. In traditional Internet auction sites, you can decide what you are willing to bid for an item in advance. If someone else bids higher than you, you don’t win the item and it didn’t cost you anything. With penny auctions however, because the bid increment only goes up by a penny, you have to pay in advance for your bids. In other words, you buy your bids first, and only when you decide to use a bid, will the bid price go up. What does this mean? Well, going back to our example from above with the television, if you wanted the opportunity to win that TV. for pennies, you would have to first spend money on buying your bids. Then you would have to watch the clock, watch what others are doing, and decide on the most opportune moment to use those bids in order to win the TV. This makes bidding on a penny auction site very interactive, and EXCITING!!!
So how much are bids? There are several different online auction sites u.s.a with different bid prices. TopPennyAuctions.com,Has  the penny auction,10 cent auction nail biter and the Fast becoming popular bid til you win options( the perfect you cannot lose auction because if the member does not win the auction the bids are returned to the members account ) TopPennyAuctions.com so far is the only penny auction site offering this option.
swoopo.com,telebids.com ,ubidz.com are several of the other originators of this concept but TopPennyAuctions.com seems to have found a unique new way of presenting their auctions on a more level playing field.Some of the main reason why the penny auctions have become so popular today are in fact partly because of the controversy behind the auction itself. Yes people must purchase their bids, and yes if they do not win the auction they lose the money they bid( unlike eBay ). However yes you can win that TV worth 2 thousand dollars or that diamond ring worth 10 grand for just a dollar. There may have been 2 thousand other bids but if yours was the last bid(and you only invested say 2 or 3 dollars and you win ) you realy do not care how many other bid and lost, all you care about is what you won and how much it cost you. It’s not so much different than how you feel when you throw away that losing lottery ticket is it. You took a chance and you lost. What ever the reason, all the chat, blogs, complaints and controversy about penny auctions has made it the next eBay. Those company’s like TopPennyAuctions.com and swoopopro.com to name a few are on the ground floor of and exploding business
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.http://www.youtube.com/watch?v=99WYKuNoteU



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We are a penny auction site offering Name Brand items for auction at an almost 95% savings from retail store prices. A most significant difference between swoopbug and most other auctions is we deliver all our merchandise from our own warehouse..