As a savvy online shopper who's always looking for a good deal, I recently joined this so-called Penny Auction website—ScoreLuxe.com. How it works? Well, you create your free account first, then buy a Bid Package, which ranges from $29.70 to $495 dollars, and then let the bidding begins.
As the timer on the auction counts down towards zero, that auction action picks with the lightning round. Every time a bid is placed on the auction during the lightning round, the price goes up $. 01
and additional seconds are added to the auction. You may continue to bid on the auction until the timer reaches 0 and the auction is over. And the highest bidder wins in the end.
Last Friday (April 1), I got my eye on a brand new iPad2 32GB WiFi, and was determined to win it. The lightning round started at 3:30PM, and as the bidding battle heated up, I realized I could never win, because no matter how many bid packages you buy, there's always a bidder who can beat you! So I began to monitor the whole process carefully.
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