Are DealDash penny auctions legit and safe?
DealDash is a legitimate safe website that allows visitors to bid on various kinds of items. You can win anything from electronics to clothing, while bidding and winning them at less than the retail price.
It’s important to have an understanding of how penny auction websites such as DealDash work before you decide whether to spend your hard-earned money on them.
After all, no one wants to get involved in a scam. We’ll analyze the website and provide a few tips and tricks for using it, so you can decide if DealDash is worth investing in or not. While we can’t guarantee you’ll get an unbeatable deal with their auctions, there may be some savings available.
Table of Contents
What Is the DealDash Website and How Does It Work?
How Do Penny Auctions Online Work?
Ready to Try DealDash? Here Are Some Tips
What to do After Purchasing DealDash Bids
More DealDash Tips for Success
Frequently Asked Questions About DealDash
What Is the DealDash Website and How Does It Work?
DealDash is a popular penny auction website where users supposedly can obtain expensive items such as televisions and laptops for a fraction of the price. Questions have arisen concerning the authenticity of the site’s auctions and whether users will actually be able to earn savings.
How Do Penny Auctions Online Work?
Penny auctions involve product offerings to bidders who increase the sale price by one cent with each bid. Simultaneously, the auction’s ending timer increases with each placement of a bid. This process continues until no new bids are submitted within the allotted time frame.
When the timer runs out due to no additional bids, the item is sold at the last bid amount to the final bidder. Bidding on a platform like Deal Dash can get you good deals, but it’s important to remember that bidding can be expensive and bidders may not recoup their money if they do not win.
It’s possible to have a lot of fun with penny auctions, but caution is advised as losing your money isn’t worth winning a product at an inflated cost.
SIDE NOTE EXAMPLE: Several years ago, I spent $60 for credits on a penny auction site. After 30 minutes of bidding my pennies/credits, I ended up with nothing. Use caution when using these types of websites.
Ready to Try DealDash? Here Are Some Tips
If you’re interested in trying penny auction websites, DealDash is actually a great option. All you have to do is go to the website, click “Login” in the top right-hand corner, and sign up for an account. If you don’t already have one, simply hit “Create Account” and you’ll be ready to start bidding.
When signing into your new account for the first time, you might receive a special deal; mine was 200 bids for $30 (15 cents each).
However, please note that bids can cost up to 20 cents each in some cases.
What’s good about it? You can get refunds on all of your initial bid pack if you don’t happen to win any auctions.
What to do After Purchasing DealDash Bids
When you have acquired a set of bids, you can start looking for products that interest you on DealDash. All items purchased here include the original manufacturer warranty and are new, so buyers can proceed with assurance.
You may select a product to go to its bidding page; after which, there is an option to commit one of your bids and add 1 cent to the item’s value as well as increase the remaining time in the auction. If you are victorious when the timer runs out, then you are eligible to buy it at its final bid rate.
After Winning on DealDash
Things you win will be shipped to you at no additional cost. There are currently no shipping & handling fees. If you don’t win a a penny auction item, you can buy the item for a “Buy It Now” price. The price is usually around the actual retail price. Deal Dash will refund any bids you placed.
DealDash Tips & Tricks
At DealDash, you may be able to find great products at a good price.
However, there is an element of risk associated with this penny auction website. As such, it’s important that you’re aware of and monitor the amount of money that you spend on bids as it could be similar to gambling. You don’t want to lose your money for no reason.
If you have made the decision to bid on Deal Dash penny auctions and are comfortable playing the penny auction game, we provide some useful tips and tricks for your benefit.
If you want to increase your chances of winning and success on DealDash, it’s important to focus your attention on low-priced items. Remember that it can still be challenging to win an iPad or a smartphone at a low price. To maximize your chances of success, you’ll need patience.
Don’t bid too quickly and wait until the value of the product has increased a bit before placing your bids. Just make sure not to wait too long; once the price reaches $5, Deal Dash won’t allow any more bidders to join the auction.
Use BidBuddy
Additionally, remember to use the BidBuddy feature which allows you to automatically place bids for for products at the last second, up to your specified maximum number of bids.
More DealDash Tips for Success
To increase the chances of success in your bidding, experiment with different times. Determine when overall competition is at its lowest and bid then.
Additionally, keep an eye out for any bids on sale by DealDash. Capitalize on these discounted rates to get more value with each bid pack purchase.
Lastly, take advantage of any free bids offered by DealDash, as they provide valuable opportunities to win auctions.
Frequently Asked Questions About DealDash
Why Is DealDash So Cheap?
DealDash may seem cost-effective in the beginning; however, it’s important to note that it is not as generous as many might presume. It is a penny auction website where each bid requires payment. Regardless of whether or not you have won the auction, you will not receive your money back. It is important to evaluate the costs before getting started with DealDash.
Do You Get Your Money Back if You Lose a Bid on DealDash?
No, you do not get your money back if you place a bid and lose the auction.
Does DealDash Charge a Monthly Fee to Use?
No, there is no monthly fee to use DealDash. People purchasing bids is how they make money.
Is DealDash a Scam?
No, DealDash is NOT a scam. It is a legitimate website with online penny auctions. It is claimed to be an honest bidding site. DealDash has been in operation since 2009 with thousands of users.
Nick is a seasoned professional with over a decade of experience in successfully selling products online across various platforms. With his extensive knowledge and expertise, he has honed his skills and has become an expert in the field of online sales.