What is paylessbid?

Anonymous

∙ 17y ago

Updated: 8/16/2019

PaylessBid is a unique bid auctions site. They work by the system that only one bidder will win the auction. Every bid costs small fee, what let them allow such low prices. Some people don't believe that paylessbid is real, but it runs through a company in Florida and it actually works. I guess in the future all online auctions will look like this. Have Fun!

Wiki User

∙ 17y ago

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How do you bid on paylessbid?

1. Register on the website 2. Pick an auction 3. Decide how much money you want to spend on a product, this is an important part because you obviously cant just put one bid and hope to win an auction. 4. Place a bid there is a real science to wining an auction it not just random numbers, i like to use the ladder method (there are others but i find this one to be the most effective) you put your first bid around $2 less than the "max bid" and than you put another bid with you a 50-60 cent increase. After that you increase the bid with 40-50 cents and so on. It should look something like this: Retail Price $ 500.00 enter data in the white boxes Max Bid $ 50.00 Bid Price $ 6.00 Budget $ 100.00 *this works best for budget over $100 Number of Bids 16 Suggested bid ladder skip plan $ 47.85 1st bid $ 48.45 2nd bid $ 0.60 $ 48.95 3rd bid $ 0.50 $ 49.35 4th bid $ 0.40 $ 49.65 5th bid $ 0.30 $ 49.85 6th bid $ 0.20 $ 49.95 7th bid $ 0.10 you have 10 bids left on your budget Now you have 10 more bids to use later Here comes the trick You know your position with the bids you put so you now know around what bid price to put the rest of the 10 bids this can increase your chances of wining an auction a lot on the website you can down load an excel file that does these calculation for you so the job should be easier Keep in mind that other users are also using this method and excel file so don't use the same exact bids ad a cent or two either way so you can be sure you won't be outbid Use your brain and you will get unbelievable results with this system i personally know a few people who used that method to win iPods PS3 Xbox 360 and many more for less than 25% off retail price and that is for a brand new product with warranty and everything www.paylessbid.com https://www.paylessbid.com/ 1. Register on the website 2. Pick an auction 3. Decide how much money you want to spend on a product, this is an important part because you obviously cant just put one bid and hope to win an auction. 4. Place a bid there is a real science to wining an auction it not just random numbers, i like to use the ladder method (there are others but i find this one to be the most effective) you put your first bid around $2 less than the "max bid" and than you put another bid with you a 50-60 cent increase. After that you increase the bid with 40-50 cents and so on. It should look something like this: Retail Price $ 500.00 enter data in the white boxes Max Bid $ 50.00 Bid Price $ 6.00 Budget $ 100.00 *this works best for budget over $100 Number of Bids 16 Suggested bid ladder skip plan $ 47.85 1st bid $ 48.45 2nd bid $ 0.60 $ 48.95 3rd bid $ 0.50 $ 49.35 4th bid $ 0.40 $ 49.65 5th bid $ 0.30 $ 49.85 6th bid $ 0.20 $ 49.95 7th bid $ 0.10 you have 10 bids left on your budget Now you have 10 more bids to use later Here comes the trick You know your position with the bids you put so you now know around what bid price to put the rest of the 10 bids this can increase your chances of wining an auction a lot on the website you can down load an excel file that does these calculation for you so the job should be easier Keep in mind that other users are also using this method and excel file so don't use the same exact bids ad a cent or two either way so you can be sure you won't be outbid Use your brain and you will get unbelievable results with this system i personally know a few people who used that method to win iPods PS3 Xbox 360 and many more for less than 25% off retail price and that is for a brand new product with warranty and everything www.paylessbid.com https://www.paylessbid.com/

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