Quibids Tips and Tricks for Winning

Quibids Tips and Tricks for Winning

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Home Page > Internet > Quibids Tips and Tricks for Winning

Quibids Tips and Tricks for Winning

Posted: May 03, 2011 |Comments: 0
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Penny auctions can be highly unpredictable because the price of items sold depends so much on the behavior of other bidders. It is therefore not surprising to see a Quibids Macbook being sold for one day and 0 the next. Therefore you need to look at an in-depth analysis of penny auctions like Quibids in order to improve your winning chances.

There are several Quibids tips and tricks that I would like to discuss so you can make the maximum out of your Quibids experience. These should help you staunch your losses while allowing you to win some big items on the site.

Tip-1: Timing is the Key
Not all times are equal for bidding at Quibids. This is a very important Quibids tip that I can give you. There are times when there are just too many bidders out there and every auction is extremely competitive. At the peak times, you can see over 20 bidders bidding in just the last few minutes. This is a huge number of bidders because you need to outbid every one of them to actually win. This is by no means easy. Therefore the best time to bid at Quibids is when there are less number of bidders but enough auctions to choose from.

The problem of best and worst times to bid on Quibids is hard to objectively quantify because Quibids doesn’t release any data about this. However, after a careful analysis of different times over different days, I can tell you that weekends in general are very competitive. You should avoid bidding on weekends because the prices on weekends can be as much as 10 times higher than the average cost of the item. This is expected because too many people bid on a holiday hoping to win something.

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Tip-2: Choosing the Right Auctions to Win
This is a Quibids tip for all levels of bidders, but especially for the beginners. If you are a total beginner, chances are you will find it hard to win a Quibids Macbook right away. The simple reason is that the big-ticket items can be extremely competitive. You have people sitting for hours in front of their computer placing bids and hoping to win. The best way is to first get used to the different auctions. If you are a beginner to Quibids, you should start off with special beginner auctions that are open only to those who are yet to win anything at Quibids. These are easier and you can find some really great deals.

For the more experienced bidders, you can slowly move towards the big-ticket items. As previously stated, the big ticket items tend to be highly influenced by the time, and so you should bid during the less competitive times. Also, the automatic bidding tool at Quibids comes in very handy during these times when you want to leave the computer and let the bids be placed automatically.

Tip-3: Invest in Bid Vouchers
This Quibids tip should be used with caution because voucher bids cannot be redeemed towards purchasing the product. However, by using a few purchased bids, you can win a lot more voucher bids. At Quibids, voucher bids come in packs of 15, 25, 50, 100 and 250. The effective bids won during bidding on vouchers is the difference between the number of voucher bids and the number of bids actually placed to win.

The best performing bid vouchers according to this criteria are 50 and 100 bids. The 250 bids voucher gets very competitive and the 15 bids voucher has many people bidding, so you will need to spend a considerable number of bids before winning, reducing the effective bids won.

Bid vouchers help multiply your bids. This particular Quibids tip should be used especially for big ticket items where you will need to stockpile a lot of bids before starting out.

By following these Quibids tips, you can hopefully win some auctions at Quibids, both smaller and bigger ones. Many parameters remain uncertain in penny auctions because winning in dependent not just on your behavior but also the bidding and psychology of others, but by following the above tips, you can improve your chances of winning.

The Quibids best tips and tricks can be found on my blog. Find the Best and Worst Times to Bid on Quibids and also a popular psychology-game theory Volunteer’s Dilemma Quibids strategy

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