5 Bidding Tips To Overcome Your Losing Streak

August 25, 2014 DealDash Reviews

I am happy to share some of my strategies and bidding tips for winning more frequently to help promote auction eduction and responsible bidding.

I have collected bidding tips on DealDash for over 4 years and play on over 15 other penny auction sites. DealDash is hands down the best site with the most items, remarkable shipping speed, fantastic customer service and truly fun and fair auctions.

Some basic bidding tips and strategies:

1) My number one bidding tip is to know your opponents.

I can’t stress this enough. If you are jumping into an auction blindly then you are going to lose far more often than you win. A key bidding tip I can share is to keep track of who your bidding against.

One way to track your opponents is to watch the site to become familiar with people’s bidding habits. There are some bidders who go “all the way” every single time and it isn’t wise to challenge them. I keep a list next to my computer with these names and avoid auctions with these people in them. I know if I go against them I have very little chance of winning without putting in a large number of bids, if I’m lucky enough to win at all. If you’re not tracking your bidding opponents, start practicing this bidding tip for more chances of winning.

2) Second bidding tip is to choose which auctions you bid in wisely.

In addition to choosing the auctions you bid in based on who is in them, DealDash gives you another tool to help find auctions where you have the best chance of winning. For higher valued items which are marked “one per user” you can see the “blocked bidders” list. If I see items where most people who are heavy bidders that I wouldn’t want to challenge are on the list, then I know this is something I have a better chance of winning since there is less of a chance of a heavy bidder joining the auction.

3) Bidding Tip number three is to Be Patient. Be VERY Patient.

Just because you really want the item that is coming up doesn’t mean it is wise to bid on it. If there are people that you have researched that are very difficult to beat in the auction then it is usually better to wait for the next one. Many don’t realize that these items are up again and again on the site, and if this time isn’t a good time to get in just wait for the next one where you have a better chance at a good deal (don’t forget this bidding tip: once a person wins a one per user auction, they are blocked from the next time it is available making your chances that much better!). If you have a hard time being patient here’s a practice guide on WikiHow to be patient.

4) Number four bidding tip is to understand your odds of winning.

DealDash shows you how much competition is in an auction and for most part there are 30 to 110 people that place a bid before it locks. That’s a lot of competition with only one winner, and you have a much greater chance of winning against 30 people than you do against 110 people. If you look at both the number of people in an auction, and take into account the other things mentioned above you will increase your chances of winning by a gigantic amount.

5) My final Bidding tip for you is to: check prices before you bid.

I hope the above things help you win more often. There is more than enough out there for everyone, and bidding can be a LOT of fun! Don’t get discouraged if you don’t win right away, with more observation and following the above tips you will improve your chances drastically and you will be winning a lot more often!

By Zyekad

I’ve saved thousands of dollars shopping on DealDash.com for over past 4 years.