How can you help? Visit http://www.bidsthatgive.com/ to learn more and try our exciting auctions! What does it mean that “Every Bid Helps a Kid”? BTG Penny Auctions is a Private Revenue Share Company that shares its revenue between our affiliate marketers and charities. The charities that we support help benefit impoverished children around the world. So when you place a bid whether you win or lose, a portion of every bid that is placed goes to aid children in need all across the globe.
What are penny auctions? Penny auction sites are known as "entertainment" and "competitive shopping" venues. They were never meant to take the place of your typical mall, Amazon, or even eBay. In short, penny auctions are basically a bid-fee auction, where you pay per bid; a consumer buys bids in what's known as a Bid Pack. At Bids That Give we charge $.65/each(Retail). With each bid you place on a traditional penny auction, a bid is deducted from your account, and the price of the auction rises by one penny. Each bid also increases the timer by a set increment, so that others can place their bids, too. This usually sparks a "bidding war" as the timer counts down. Whoever has the last bid placed when the timer reaches "0:00" is the winner. When you win, you are "out" the cost of each bid, plus the final auction price and shipping. What is a Bid Buddy? Bid buddy is our automated bidding system. Simply put the amount of bids you wish your bid buddy to use and he will bid away on your behalf randomly during the last 15 seconds of an auction.