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About Penny auctions - This is how it works
Penny auctions work as a traditional auction. The only difference is that you can only raise 1 penny at a time.
Every auction has a countdown timer. When the bid is raised the timer is reset to a predetermined bid time. If no one raises the bid before the time is out the auction closes and the last bidder wins.
Opening hours
The auctions are open 24u every day. During the remaining hours the countdown clocks are paused. This means that the auctions cannot be finished during these hours. However, the bids can be raised during the paused time. The countdown continues the following morning.
AutoPilot
The AutoPilot will automatically place bids on your behalf, when you are away from your Computer. This will enable you to automatically place bids until you win the auction, as long as AutoPilot is activated.
In order to activate the AutoPilot click on the "lock" icon on the left, next to the bid button.
The AutoPilot will be deactivated if one of the following occurs:
- You win the Auction.
- You run out of bid credits.
You can turn off the AutoPilot manually by clicking the "lock" icon on the left, next to the bid button. Your Autopilots will not be turned off when you log out.
You are only able to activate or deactivate the Autopilot, if more than 10 seconds remain of the bid time.
The AutoPilot will only place bids in the last 5 seconds of the auction. If more than one bidder has activated the AutoPilot, it will chose a single bidder randomly to raise the bid.
Auction types
Rookie
The auction is only available for users who have not won any 3 auctions at Bidson.com.
24h
These auctions are open around the clock.
Free fall
In these auctions the AutoPilot is unavailable.
Unlimited
This particular auction has no restrictions. Everybody can participate in this auction, regardless of the limitations of: 3 Winnings per week.
Veteran
Bidders that have won over 50 penny auctions or more are limited to our veteran-auctions. Bidpackages are excluded.
Please note that each bid costs the same (£0.90).