Strategies to Save Bids On DealDash
Perhaps you are on a tight budget and cannot afford to purchase huge bid packages. Many of us shop on DealDash.com to save more money than we spend. With several different auction bidding strategies to choose from, here I came up with some new winning strategies that could help low-income shoppers win an auction using fewer bids.
Auction Bidding Strategy No. 1: Put in at least one bid at the beginning of the auction so you do not get locked out. Then watch and wait. Only place bids in BidBuddy, the automated bidder, when the auction gets down to the last two or three customers still actively participating in the auction. Whenever you see additional customers jump into the auction, cancel your bids and wait until it gets down to only two or three bidders before you put your bids in again. However, before you cancel your bids, make sure the new customers who join the auction have placed more than one single bid.
Watch to see if they have become a part of the roll-over cycle by placing their bids in BidBuddy. Only put your bids in the auction when the competition is low, down to two or three players. The only problem with using this strategy is that you would have to keep a close eye on the bidding action the whole time, but this is a fairly low-risk strategy to save bids and still have a good chance of winning.
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Auction Bidding Strategy No. 2: To make your bids go farther, after putting in your bid before $5 so you do not get locked out, again wait until the last two bidders. Then, near the beginning of the auction, put only 20 to 30 bids into BidBuddy, once for every dollar the bidding goes up. By putting in only 20 bids for every dollar the auction goes up, the auction might go to the other players before you put in your next 20 bids. By doing this for a while near the beginning of the auction, however, you are also conserving more bids. After the other customers have used up so many more bids than you that they might be getting ready to do a BIN (Buy It Now), then you could have enough bids left to place all the rest of them in at the end when the auction is most likely to close.
Of course, by using this strategy, you would be taking a chance that the win could go to one of the other two players during the bidding process when you have no bids in the system, but it would also make your bids last longer and it could improve your chances of still having enough bids left over at the end, when it counts most, to actually win the auction.
