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DealSnake.com is a penny auction website - there are a ton out there. They all operate on the very similar business model of buying and placing nonrefundable bids in order to win an auction at a very low price. The model is simple - many people lose a small amount of people that don't win anything so the auction winner can get a great deal.

It's impossible to verify exactly how legit any of the penny auction websites are but based on general feedback and information you can make a guess. Many have private whois data for the domain and a basically ghost companies. DealSnake.com however lists a real office address, 10840 Warner Ave Ste 102B, Fountain Valley 92708 as well as that's what shows up on Google when you search for it. I take this to be a good sign.

I personally haven't won anything or signed up with DealSnake.com - but many are quick to call a penny auction website a scam because they simply didn't win anything without understanding how the business model works.

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14y ago

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