SmartBid

Website: TheSmartBid.com
Testimonials: Click here
Terms of Use
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Alexa Information
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Contact Information

  • Phone: 415.513.0860
  • Email: support [at] thesmartbid.com

SmartBid Promotions:

Get $3 Credit at SmartBid

Detailed Description
We are passionate shopaholics and we love nothing more than sweet deals! When we first saw Swoopo last year – we loved the idea how shopping can be fun and rewarding while competing for a cherished product with fellow bargain hunters. However, we soon realized that winning in regular Swoopo style auctions are more of luck than real competition.

We wanted to take the luck factor out of pay-per-bid auctions and put the bidders in the driver’s seat. This is why we are introducing Smart Auction™, an exciting reverse auction format where users bid skillfully to beat the competition and win brand new products at incredibly low cost.

There are several things that are unique to SmartBid:

As the name says, it’s all about bidding smart.
Unlike conventional auctions where highest bidder wins, SmartBid works quite the opposite. Products get bid typically within a range of a penny to a dollar and the lowest bid which is not matched by any other bid wins. Bidders use skillful insights to place bids which are unmatched by other bidders. SmartBid also helps along the way with hints, bidding history and live email updates to make the experience fun and interactive. Take a look at our video to see how it all works @ http://thesmartbid.com/how-it-works.aspx

We wanted to create a fun and fair bidding environment for all.
Auctions are designed to cater to different skill levels and everyone has a chance to get their money back in exclusive reward auctions. No one comes out empty-handed at SmartBid – members receive equal reward credits for every dollar spent on regular auctions which they can use to play in reward auctions or donate to charitable causes. We have selected Oceana for our first month beneficiary.

We also wanted to introduce complete control and transparency in the shipping process.
As soon as you pay the winning bid price, you will receive an automated Amazon gift code equivalent to the product price in your email address along with instructions how to redeem your product in Amazon.

Head over to SmartBid for more information.

Bid Cost: $.75

Special Features:

  • Beginner Auctions
  • Buy it Now on select auctions
  • Lowest unique bid wins
  • Power Hour Timed Auctions
  • Referral program
  • Reward store

Social Networks

About Josh

Josh is the founder of the Penny Auction List, a carefully-filtered penny auction directory that helps bidders make the most of their time and money.

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5 Responses to SmartBid

  1. SmartBid June 6, 2010 at 3:27 pm #

    Thanks Josh and PennyAuctionList team!
    We would love to see PAL members to come and check our site and get 3 free bids. We have tried to create the most fair and fun bidding site across the net – we hope you would like it.

    And don’t forget the coupon code ‘PAL10′ to get extra 10% bids.

  2. Smartypants October 4, 2010 at 6:34 pm #

    If you don’t go to this site you are missing out. It is excellent. It is fun, challenging, exciting….No, I am not affiliated with them….it is just so much fun. Well, what are you waiting for…I feel like I just told the best kept secret on the internet.

  3. Bucky Waters October 7, 2010 at 6:36 pm #

    This website is a bunch of bull. They want you to believe that it has something to do with your reasoning skills, but it’s all luck just like any other site. Made the mistake of investing $300 in trying to get an ipad because I thought the site worked a certain way, when someone else swooped in from under me and got it while I was renewing my bids. Unbelievable. I frequent a lot of penny auction sites, but I will never use this one again. I feel cheated and taken.

  4. E Marshall February 7, 2011 at 12:10 am #

    At first I thought it was all about luck and random guessing as well. However, once you see how certain items trend (you can check out the history of won auctions) you start to figure out strategies. There arent insane bidders that spend way more then the item is worth either (like the very shady auctions at dealsdash where “people” spend 1000s of dollars worth of bids for an item worth 300). Actually the system has built in rules to prevent abuse. I highly recommend SmartBids

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