Review of the New Bid66 Site

As most of you already know Bid66, the premier penny auction site, has relaunched. I was very excited for the site's relaunch as it is one of my favorite penny auction sites. Just the look of the site has improved drastically. The new site has a clean and fresh look. The old Bid66 site was fairly easy to use, but their new site is even easier. Their old penny auction site sold mostly products but no gift cards. The new site primarily sells gift cards and electronics. To keep consistency the site still offers free shipping but only on the gift cards. Other electronics can be shipped for $5 or $10. As the site is new, there currently is less competition. Take advantage of this! I've seen gift cards sell for $0.04 and a blu-ray player sell for $0.20. As an appreciation for Bid Penny readers, Bid66 has given me a coupon code. Use the promo code: BIDPENNY for 5 free bids on the Bid66 site. New users will also receive 5 free bids at registration. Thus using the coupon code new users will get 10 free bids! This is a $5 value for free on top of all the great gifts you can purchase for just pennies.

Penny Auction Winning Tips

To excel on penny auction sites like Quibids, HappyBidDay, BidRivals, Bid66, Pointnbid and more you need a little bit of luck and strategy. You won't necessarily win your first auction. Penny auctions take some practice. Don't waste a bid on an auction when it has several hours left on the timer. Most bidders wait to bid in the last 5 minutes of the auction. Watch other auctions on the online auction site before you bid on an auction. Take note of the following:
1.) Ending auction price of previous auctions
2.) Number of people bidding
3.) Amount of auctions
4.) Time in your time zone and others

When taking note of the ending auction price of previous auctions look at the recently won auction page. Most penny auctions have a page that displays recently ended auctions. If you have an eye on a particular item see if it is on a winners page and how much the item sold for.  Lets say you are looking to bid on a iPhone. If the iPhone recently was won for $2.35 don't start bidding until the auction is at least $1.50. This will save you some bids.

You can also roughly determine the amount of people on the online auction site if it is a small site. Most sites have about 10 auctions running at a time. Click on each auction and you can see the amount of people bidding. You can take note of the people on the site during different periods of the day. Determine what time of the day there is the least amount of people. The less competition the more likely you are to win. Most penny auction sites have less people from 2 am - 10 am. But also take note of other time zones. 7 pm in the east coast is only 4 pm on the west coast.

Bid66 Coupon Code

The penny auction site Bid66 changed their launch date to Monday September 19th at 6:00 PM EST. With their grand opening they will have TONS of auctions including electronics, Apple products and gift cards. My BidPenny blog has a special exclusive for all that want to participate in Bid66's grand re-opening. Each new customer gets 5 free bids for registering on Bid66. However, if you use the coupon code: BIDPENNY you can also get an additional 5 free bids. That is a total of 10 free bids! Please take advantage of this penny auction promotion code! For more details visit Bid66.com and also make sure to check out their auctions tonight to prepare yourself for their grand opening tomorrow.