Saturday, May 1, 2010

Penny Auction Jumpers List

Everyone who frequents the penny auctions knows what a bid jumper is, but have you ever tried to find an official definition for it? I couldn't find anything official, but the majority of bidders consider "jumping" to be when a bidder lets two or more bidders fight it out over an auction, without contributing any bids, and waits until the very end to bid. The bid-jumper is hoping to snag the prize for very little investment, while everyone else has exhausted all of their bid supply! This act is called a "strategy" by some, however bid-jumpers should be aware that the majority of bidders will seek their revenge and you will feel like you have been surrounded by a pack of wolves! Here is my personal list of bid-jumpers. Please feel free to leave a comment with your known bid-jumper list.


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