24 September, 2010

Lowest Unique Bid - top tips on how to win!

This week I'll be covering a few hints and tips on Lowest Unique Bid - a very different style of pay per bid auction to penny auction,  but results are the same: you get a brand new cheap Wii, iPad, or iPhone for next to nothing. A number of UK radio stations run lowest unique bid competitions: for example, Absolute Radio's lowest unique bid runs 3 to 4 auctions per week and there are reasonable number of lowest unique bid sites - see flutteroo.co.uk

So, this is how to play a lowest unique bid auction.

The Basics 
  • Auctions end at a fixed time
  • The person with the lowest bid that no one else has is (unique) at the end of the auction, wins
  • The picture above shows some results for a finished auction - £0.04 won because only 1 person bid on it, and it was the lowest.
Lowest Unique Bids, Tips and Watchouts

  • Whether you have the lowest unique bid at any time can change through out the auction as other players bid
  • If you start with the  lowest unique bid and someone else bids on that, you're both out
  • You can have a high unique bid, but end up winning as other unique bids below it are bid on by other  players
  • Sites often tell you where the current lowest unique bid roughly is (lower or higher), but remember if you find it and bid on it, it will stop being the lowest unique bid.
  • The real art is to find a space, bid on it, keep it, and remove any lowest unique bids below you by bidding on them or hoping others will bid on them.
What stuff can you win on Lowest Unique Bid?



Like Penny Auctions, Lowest Unique Auctions are a great place to pick up Bargain New Products -  TVs, Kindles, iPads and iPhone or even free cash! When you start playing, look for sites where you can play lowest unique bid auctions for free, so you can practise and develop your own technique. Click here for more information on how lowest unique bid auctions work.

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