The Lowest Unique Bid Wins Prizes
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Have you ever bid anything online, or better yet have you ever win any prizes online? I found a great bidding website at bid4prizes.com, which is totally the opposite of ebay. At bid4prizes, you will be able to bid on cool stuffs but with a fun twist. Whoever bid the lowest unique bid wins the auction. You actually don’t have to pay anything if you win the prize and they even pay for the shipping. What you need to do is only check with your financial advisor to determine whether taxes apply or not.
There is a BMW 3 Series with a retail price of $36,000 up for grab now. Visit the site for more information and you would be surprise on how much you have to bid for it. If I win that car, I would keep it for myself and sell off my old car.
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December 13th, 2008 at 3:08 pm
Online gambling is illegal in the US and this is definitely what this or other “lowest unique bid auctions” variations are (even if not yet busted by the authorities).
To be considered online gambling, you need 3 criterias:
1) A consideration. Here you pay to bid. It is like purchasing a lottery ticket and you are most likely to get nothing in exchange but 1 chance out of N to win.
2) A game of chance, which will determine who the winner is. While some may argue that bidding requires some skills and determinism, many states actually don’t make any difference in their online gambling definition between skilled games and chance games. (Poker requires skills).
3) A Prize or the ability to win something of value. (or get nothing but wasting time and money).
This should be regulated as any other gambling business and not allowed to spread on greed and foolishness.
Many will pay to learn and eventually too much scam will kill this scam until a new variation or evolution of the scam comes around for new and fresh victims or short minded people.
Most scams are based on smart and sleek mechanisms. It does not make them right.
It reminds me of the guy that placed an ad in the news paper with:
How to become a millionaire?
Send 0.99 cents to receive the incredible secret. Success guaranteed or your money back.
I sent the 99 cents and received a letter saying: Just do like me!
By the way, the stock market could fit the definition but at least it is supposed to be regulated. You pay, You Play and most of the time you loose.