This was not one of my New year's resolutions, but I have started being more active at the auctions and using the tools provided and that actually got me 2 wins so far! I won 20 TCredits for under a dollar and 10 Personally SPonsored Affiliates for $1.74, which were delivered to me within 3 days and one of them is active. Pretty cool!
So how do you win an auction? You need to sit and watch how it is going for a while. The mini-auctions, for TCredits or 3 PSAs and so on, usually do not take very long, maybe 15-20 minutes, whereas the more popular items can take more than 20 hours. It is not much use to bid when someone is using Autobid, you will just use up your credits. You can see that because there is bidding going on but the same name is always the highest. That will be someone who is on Autobid and until he runs through the max amount of TCredits he has set (nunber of bids) you are basically wasting your bids. Once you see that the name has changed this probably means that he has run out and you can go in. Of course the risk is that if everybody thinks so the Autobidder will win, and in fact, this is often the case.
One possibility is to become an Autobidder yourself. This works, but you can also run yourself out of TCredits/bids in record time if there is a second Autobidder or if the item is very popular. Out of five times I have tried, 2 auctions ended before my set price was reached and so none of my bids were used. Two cost me a lot of bids but I was overbid by others and one I won. The other one I won I did not use Autobid but bid manually. That is the other option; just spend a lot of time watching and bidding strategically.
The great thing with these auctions is of course the incredible prices.
Check out the link below which will lead you to the currently live auctions:
Incredible auctions
Check out the "Latest winners" button and you'll not want to wait to get started.
Many items go for less than a dollar. Imagine getting a $200 Ipad, toolkit, smartphone or Cloudbook for between $15 and $25, where they often end up, but even as low as a few dollars sometimes. Even if you are not living in the States, an item that can't be shipped can be exchanged for a gift certificate, TCredits or nowadays you can even resell it as a Super Deal. Basically any item is therefore worth bidding on, if it seems the auction is not hot. I always look for auctions that are not dominated by one name, and where the ones bidding seem to be people who are just putting in one daily bid to get the extra VP. If it already has had "Going once, going twice" a couple of times it probably is going towards its end (not necessarily however!).
Check out the newest superdeal which will certainly be a bestseller: