Posts Tagged ‘Bid’

How to Win Swoopo Auctions

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There are several “pay to bid” auction sites out there these days. What is the best way to score the items on those sites? Here’s a link describing the sort of auction going on at these sites and why it’s a loser for everyone involved but the company running the auction: en.wikipedia.org Also notice that the structure of wins/losses on these auctions are similar to that of a lottery, bingo, or a poker tournament: one person wins and everyone else loses. So why is the payoff so much less for the winner than in a lottery or bingo? Because the company is keeping all the extra money. The odds to win are no better than a lottery but the payoff is WAY less! The risk/reward here is so poor on these auctions you should think twice before participating.

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Chinese ‘renegade bidder’ thwarts art auction – 02 Mar 09

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A mystery art collector who recently bid m for two Chinese sculptures is refusing to pay. The bronze heads were part of an auction of the collection of French fashion designer Yves Saint Laurent, who died last year. But Cai Mingchao says his renegade bid was the act of a patriot, claiming that the sculptures belong in China. Tania Page reports.

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Auction Royalty: Leroy Van Dyke

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Having sold over three million copies of his song “Auctioneer,” Leroy Van Dyke has gained a fair amount of recognition outside of the auction arena where he has also shone bright for over 30 years selling everything from buffaloes to bulldozers.

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Auction Royalty: Spanky Assiter

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Tom “Spanky” Assiter is one of the most well-known auctioneers in the United States due to his auction chant and trademark glasses. The Auction Network looks back on the tragedies he’s overcome during his ascension to auction royalty.

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