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Each bid costs just $0.60.  Bids are available in Bid Packs of 40, 75, 300, 600 and 800 bids. These bids are pre-paid and placed in your Bids Account.  When you place a bid, we add a maximum of 10-20 seconds to the timer - to give someone else the chance to bid if they're interested. This is similar to the "Going Once...Twice...SOLD" approach of auctions. If no one else bids and the timer reaches zero, they've won a sweet deal on QuiBids! If they don't win the auction, they never have to go away empty handed. Any time after a user has placed their first bid in an auction, they can choose to buy the product for a discount using the 'Buy It Now' feature. This will help limit their losses so they don't have to leave all their bids on the table. They'll never have to pay more than the Value Price for any products on QuiBids.  Products auctioned off include HDTVs, MacBooks, gaming consoles, gift cards and much more.

Recent Postings/News
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Interview with PennyAuction Watch - www.pennyauctionwatch.com/2010/01/interview-reviews-quibid-penny-auction/