Penny Auction REVIEWS – Which Penny Auctions are the BEST Bargains?

YooBeeDoo has prided itself for being the world’s first big-block penny auction, and has recently taken steps to get netizens all over the internet to give their UK-based website for a spin.
YooBeeDoo has decided to give away 25 free bids to UK bidders in an effort to increase their already growing community of active bidders.

To avail of YooBeeDoo’s free 25 bid offer, visitors need only register at https://www.yoobeedoo.co.uk/ with the following four letter code in the promo box: ca6c. Registrants with the code will automatically receive 0.25 Bid-Credits free of charge, which will allow them to place up to 25 bids in YooBeeDoo’s beginner “Have a Play” auctions.

With YooBeeDoo’s growing success in the UK, countless US visitors have begun to clamor for YooBeeDoo to bring their services stateside. For the growing auction site, a United States future for YooBeeDoo is definitely in the cards, and according to the folks at YooBeeDoo, it can be as soon as a few months. It won’t be long before Americans can take part in YooBeeDoo bidding as well.

YooBeeDoo has been recognized for implementing its own bidder-friendly big-block penny auction method, specifically designed to give better deals to bidders, allow transparent auctions, with the ability to start bidding for as low as 10p. The result is a system that circumvents the usual problem of having no real restraint with how much the money sites can make, and the bidders can spend.

For more information on YooBeeDoo’s promo and bidding mechanics, you can visit their website at https://www.yoobeedoo.co.uk/.

Website: www.YouBeeDoo.co.uk
Prize Entertainment Ltd
The Forum
277 London Road
Burgess Hill
West Sussex
RH15 9QU
United Kingdom

Domain Registered: September 2009

PAI Member Rating:

(6 votes, average: 2.67 out of 5)
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YooBeeDoo.co.uk is a very new penny auction site that features a format different from the ones being used on other penny auctions. In fact, it seems to be a never-before-seen format that just might encourage other penny auctions to follow their stead. According to YooBeeDoo’s management, the penny auction model being used today doesn’t put a real limit on how much penny auctions can make and how much bidders can spend bidding on auctions. The management apparently feels that the business model is inherently unfair, and the opening of YouBeeDoo is their attempt at providing a real fair playing ground for all bidders.

Unlike the regular penny auction site, auctions on YouBeeDoo don’t have a bid button, instead they have Bid-Blocks, which are numerous bid buttons that have a corresponding dollar amount. The key to winning on the site is to bid on the Bid-Block of the highest value before the timer ends, or when all other Bid-Blocks have been used. So the main factor that makes YouBeeDoo different is that each auction has a limit on how many bids can be placed.

This also means that the site has placed a limit on how much they can make, depending on how many of the bids were used per auction.

To make the auctions more exciting, YouBeeDoo also uses a bid-erasing system designed to create nail-biter scenarios. Each time a bidder clicks a Bid-Block, the one above it—whether it’s been used or not—will be erased, so the person who used that block will have to find another one to stay in the game. This system creates a competitive atmosphere, but it also requires a completely new strategy for those acquainted with regular penny auctions.